10 Principles of Strategic Leadership
Most companies have leaders with the strong operational skills needed to maintain the status quo. But they face a critical deficit: They lack people in positions of power with the know-how, experience, and confidence required to tackle what management scientists call “wicked problems.” Such problems can’t be solved by a single command, they have causes that seem incomprehensible and solutions that seem uncertain, and they … [ Read more ]
Content: Article | Authors: David Lancefield, Jessica Leitch, Mark Dawson | Source: strategy+business | Subjects: Leadership, Organizational Behavior, Strategy
Social Entrepreneurship by the Billions
An audacious effort to provide digital ID numbers throughout India illustrates the potential for large-scale change.
Content: Article | Authors: Jennifer Riel, Roger L. Martin, Sally R. Osberg | Source: strategy+business | Subject: Social Responsibility (ESG)
Ken Favaro, Cass R. Sunstein, Reid Hastie
Leaders also have to understand that group decision making falls into two distinct steps, which require different approaches. In the first step — identifying solutions — divergence is necessary. The group has to be encouraged to explore boundaries, search broadly, and expand its thinking in order to find the best options for the problem at hand. But the second step, in which the group selects … [ Read more ]
Content: Quotation | Authors: Cass R. Sunstein, Ken Favaro, Reid Hastie | Source: strategy+business | Subjects: Decision Making, Management, Organizational Behavior, Teamwork
Ken Favaro, Cass R. Sunstein, Reid Hastie
Because innovation in a group relies on the ability to make new connections among the diverse experiences of its members, leaders must create a climate in which individuals can free-associate and use both their total life experience and that of their fellow group members. The group’s leaders should set the tone by being inquisitive and self-silencing to let other information rise. They should continually prime … [ Read more ]
Content: Quotation | Authors: Cass R. Sunstein, Ken Favaro, Reid Hastie | Source: strategy+business | Subject: Innovation
A New Map for Business in Africa
On the world’s most diverse continent, companies need a deep understanding of local context.
Content: Article | Authors: Jorge Camarate, Miles Puttergill, Peter Hoijtink | Source: strategy+business | Subject: International – Africa
Consistency Drives Success at Telus
The Canadian telecom giant transformed its business by adopting a clear, stable approach to strategy and culture.
Content: Case Study | Author: John Izzo | Source: strategy+business | Subjects: Industry Specific, Legal, Management | Industry: Telecommunications | Company: Telus
Jesse Sostrin
To grow into your best version of a leader, start with a commitment to authenticity. Sustaining an enduring alignment between your values and your actions is vital. It’s what lets you be you and it serves as a bond of integrity that enables your followers to trust you. Increase the alignment between your values and behaviors by understanding what makes you tick — defining the … [ Read more ]
Content: Quotation | Author: Jesse Sostrin | Source: strategy+business | Subjects: Leadership, Personal Development
A Strategist’s Guide to Industry 4.0
Global businesses are about to integrate their operations into a seamless digital whole, and thereby change the world.
Content: Article | Authors: Jesper Vedsø, Reinhard Geissbauer, Stefan Schrauf | Source: strategy+business | Subjects: IT / Technology / E-Business, Trends / Analysis
How Adidas Found Its Second Wind
The sportswear giant’s embrace of its heritage shows how reconnecting with the past can inspire a company’s future.
Content: Case Study | Authors: Majken Schultz, Nicholas Ind, Oriol Iglesias | Source: strategy+business | Subject: Marketing / Sales | Industries: Apparel, Sports & Recreation | Company: Adidas
Eric J. McNulty
As you lead, try substituting and for but as often as possible. Note what opportunities for collaboration and novel solutions emerge. When contemplating your next strategic move, think about and instead of or. See what new perspectives this generates. And is one small word that can make a big difference in the way you think and lead.
Content: Quotation | Author: Eric McNulty | Source: strategy+business | Subjects: Leadership, Management, Personal Development
How Leaders Can Improve Their Thinking Agility
Leaders operate with near-constant deficits of time, energy, resources, and focus, which keeps them locked in a perpetual state of catch-up. This reality erodes quality contemplation. Although there are strategies to help you react to the urgencies of the day without sacrificing time to reflect, the value and impact of your thoughts are not simply a measure of minutes. Rather, they can be measured by … [ Read more ]
Content: Article | Author: Jesse Sostrin | Source: strategy+business | Subjects: Leadership, Management, Personal Development
One Bad Apple Spoils the Company
A new study suggests that avoiding or weeding out toxic employees can be much more valuable to firms than hiring or cultivating overachievers.
Content: Article | Author: Matt Palmquist | Source: strategy+business | Subject: Human Resources
Bran Ferren
In most large companies, with a handful of notable exceptions, nobody has the ability to say yes and let big plays happen. The CEO will say, “Such-and-such is my highest priority.” The organization says, “It’s the 135th ‘most important’ priority you’ve handed us this year, and we’ll take it for further consideration. Besides, we can probably wait you out, and your successor won’t remember what … [ Read more ]
Content: Quotation | Author: Bran Ferren | Source: strategy+business | Subject: Organizational Behavior
How to Maximize Meetings
Some thoughts on improving meetings in your oganization, courtesy of reader feedback to columnist Eric J. McNulty.
Content: Article | Author: Eric McNulty | Source: strategy+business | Subjects: Management, Organizational Behavior
The Fortune 500 Teller
Having applied the logic of physics to predict the life expectancy of biological creatures and cities, Geoffrey West is now searching for the scientific principles that dictate the life spans of companies.
Content: Thought Leader | Authors: Geoffrey West, Lawrence M. Fisher | Source: strategy+business | Subject: Miscellaneous
Jeffrey Pfeffer
Leaders do not need to be true to themselves. Rather, leaders need to be true to the situation and what those around them want and need from them.
Content: Quotation | Author: Jeffrey Pfeffer | Source: strategy+business | Subject: Leadership
Samuel Smiles
In the affairs of life or of business, it is not intellect that tells so much as character — not brains so much as heart — not genius so much as self-control, patience, and discipline, regulated by judgment.
Author: Samuel Smiles | Source: strategy+business | Subjects: Ability, Achievement, Organizational Behavior, Personality / Behavior
In Search of Ingenuity
The quiet heroes of innovation do the little things that bring big ideas to life.
Editor’s Note: this article also tells the interesting story of the development of penicillin.
Content: Article | Author: Andrew Hargadon | Source: strategy+business | Subject: Innovation
Kentaro Toyama
I think there’s an illusion that big data simplifies decision making. The danger is that as we have more and more big data, we’ll increasingly be able to justify anything as a truth simply because there appear to be a lot of data points behind it. […] Because we now have more numbers than ever, we need even keener subjective judgment about what those numbers … [ Read more ]
Content: Quotation | Author: Kentaro Toyama | Source: strategy+business | Subject: IT / Technology / E-Business
Kentaro Toyama
The idea that technology amplifies whatever forces already exist is as true for business as it is for anything else.
Content: Quotation | Author: Kentaro Toyama | Source: strategy+business | Subject: IT / Technology / E-Business
