Strategy without implementation is fruitless. Yet, in a world of uncertainty, no strategy survives contact with reality. Thus, leaders need to be agile and make adjustments on the fly. While most ...
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Companies have struggled to break down silos and boost cross-functional collaboration, even though customers increasingly expect a single face. Once proof of the gains from collaboration become ...
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Madonna had her 15 minutes of fame in the 1980’s. Yet today, she is still famous. With the name of her sixth concert tour being Reinvention!, she said, “You have to reinvent to stay in the game!” ...
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Rising protectionism at countries (i.e., higher tariffs and border taxes) as well as falling costs of advanced manufacturing technologies have created a business strategy of multi-local to create ...
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Given the opportunity to secretly lie in order to win a beautifully wrapped chocolate truffle, only 14% of participants did so. This was consistent across 16 countries ranging from Austria to ...
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In the 1960’s, the average lifespan of a Fortune 500 company was 75 years; today, it is less than 15 years, and getting shorter (Source: Korn Ferry). 1/10 of public companies disappear each year. ...
More info 2/3 of business transformations do not adequately meet their objectives, and only 1/10 sustain cost improvements beyond four years. Launching one change program after another, companies continue ...
More info In talking with an executive at the Ritz-Carlton, she said that this service hospitality company is all about the creation of a positive experience so customers have a story to tell their ...
More info It is not the leader who has innovative ideas; instead, it is the leader who creates a culture where innovation thrives! The culture needs to have: Vision: direction and purpose to believe in ...
More info Companies are taking more pragmatic steps toward actively shaping the societies in which they operate. This is not only sustaining economic progress, but also broad-based prosperity. Yet, on the ...
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