Monthly Archives - December 2020

5 Strategies for Reinventing Your Career in Uncertain Times

5 Strategies for Reinventing Your Career in Uncertain Times During times of uncertainty, we tend to hunker down and cling to the status quo. A kind of myopia kicks in, and we focus on our most urgent decisions: how to keep our families safe and healthy, how to keep our bosses happy, or, if we’ve lost a job, how to find a new one as quickly as possible. When we’re overwhelmed, it can be hard to find the time, motivation, [...]

Read more...

The Secret to Becoming a Market Leader

The Secret to Becoming a Market Leader The best-kept secret about strategy is that you are in control. You get to choose the game you want to play and how you might win it. Further, you can choose to lead on a variety of dimensions – market share, innovation, product quality, or customer service. You can tip the odds of success in your favor with these decisions. If shoes were your business, for example, is your market “shoe retailing”? Or is [...]

Read more...

The Power of Small Wins

The Power of Small Wins What is the best way to drive innovative work inside organizations? Important clues hide in the stories of world-renowned creators. It turns out that ordinary scientists, marketers, programmers, and other unsung knowledge workers, whose jobs require creative productivity every day, have more in common with famous innovators than most managers realize. The workday events that ignite their emotions, fuel their motivation, and trigger their perceptions are fundamentally the same. The Double Helix, James Watson’s 1968 memoir [...]

Read more...

You Need an Innovation Strategy

You Need an Innovation Strategy Despite massive investments of management time and money, innovation remains a frustrating pursuit in many companies. Innovation initiatives frequently fail, and successful innovators have a hard time sustaining their performance—as Polaroid, Nokia, Sun Microsystems, Yahoo, Hewlett-Packard, and countless others have found. Why is it so hard to build and maintain the capacity to innovate? The reasons go much deeper than the commonly cited cause: a failure to execute. The problem with innovation improvement efforts is [...]

Read more...

Rethinking the On-Demand Workforce

Rethinking the On-Demand Workforce In this era of chronic skills shortages, rapid automation, and digital transformation, companies are confronting a growing talent problem, one that has the potential to become a strategic bottleneck. How can they find people with the right skills to do the right work at just the right time? The half-life of skills is shrinking fast, and many jobs now come and go in a matter of years. Not only that, but major demographic changes are under [...]

Read more...

How to Actually Encourage Employee Accountability

How to Actually Encourage Employee Accountability Fewer words in corporate vernacular induce a tighter wince than “accountability,” and for good reason. Companies and leaders have grappled with what it is and how to achieve it effectively for decades. Ask anyone if they look forward to their performance evaluation or periodic check-in with their boss, and most will give an emphatic “no.” Data shows that 82% of managers acknowledge they have “limited to no” ability to hold others accountable successfully, and 91% [...]

Read more...