Breakthroughs in brain research explain how to make organizational transformation succeed. Mike is the CEO of a multinational pharmaceutical company, and he’s in trouble. With the patents on several key drugs due to expire soon, his business desperately needs to become more entrepreneurial, particularly in its ability to form internal and external partnerships to reduce time-to-market. Yet his organization has a silo mentality, with highly competitive teams secretly working against one another. How can Mike change the way thousands of people at his company think and behave every day? Read more…
Your workforce's skills change over time, and so does your business. Getting the right people into the right jobs is key to your company's growth. Who's on the bus? To management guru and best-selling author Jim Collins, this is the most important question business owners need to ask themselves. The bus is your company, and getting the right people is crucial to success—more important, even, than your strategy. So how would you answer? Read more…
An NFL coach, airline chairman, and hotel CEO agree: 21st century leadership has moved beyond coercion and motivation to inspiration. By converting from a command-and-control disciplinarian to an inspirational head football coach, the New York Giants' Tom Coughlin led his team to an improbable Super Bowl victory earlier this year. Coughlin's success signals the value of embracing an inspirational approach to leadership in the 21st century. Read more…
While the demand for effective managers continues to grow, the retirement of baby boomers is producing a sharp decline in the ranks of available personnel. In addition, the executives of the future are expected to be more sophisticated in order to develop and lead new global and technological initiatives. For these reasons, careful planning for the eventual replacement of managers at all levels in organizations has gained strategic importance. Read more…
Trusting employee relationships are the glue that holds your company together. What are you doing to strengthen those bonds? You know your company runs better when employees have close ties and mutual trust: Deals accelerate, teams work productively and creatively, and people learn quickly. Strong relationships constitute your firm's social capital. But they're under attack, thanks to workplace volatility (relentless emergence of new products and markets, constant strategic change, and endless mergers and acquisitions) and virtuality (telecommuting, flextime, and virtual teamwork). Read more…
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