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Preparing Your Business for COVID-19

Lead Change Blog

There are three cognitive biases, in particular, that you need to watch out for where the COVID-19 pandemic is concerned: Normalcy Bias — The brain causes us to assume things will keep going as they normally have been, and we assess the near-term future based on our short-term past experience. You should, too. Conclusion.

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How to Win in Africa

Leading Blog

The authors believe that companies and investors in every part of the world should take a look at Africa and its place in their long-term growth strategy because Africa is a 1.2-billion-person Building Resilience for the Long Term: A long-term view will be necessary to ride out short-term volatility.

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Are Digital Nomads Pricing Out Locals?

The Horizons Tracker

Based on interviews and ethnographic fieldwork, the author has uncovered how the emergence of professional short-term-let landlords has contributed to the displacement of local residents from their homes. They increasingly want a lifestyle that encapsulates mobility, flexibility, and collaborative business models.

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What’s in your transformation zone now?

Lead Change Blog

Direction—short, mid and long-term—then becomes the province of all, not just you. Be a strategist – you will need to think bigger picture and longer-term to embrace the pace of change, shifts in business models, and emerging markets ahead, primarily because opportunity always comes hand in hand with a recession.

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Preview Thursday: Benefit Corporation Law and Governance: Pursuing Profit with Purpose

Lead Change Blog

It has gone largely unremarked that 35 states introduced a new corporate governance model in the past decade. Yet the introduction of the “benefit corporation” gives leaders an opportunity to remake our business culture, and perhaps save the planet from our very human short-term bias.

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How Big Companies Can (and do) Innovate Like a Start-Up

Leading Blog

A good strategy helps a company clarify the tradeoffs that will be needed to make between short-term improvements and long-term opportunities. When faced with a potential threat of technology or business model disruption, you need to consider two things. Creating an Innovation Strategy.

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Financial Reporting Can Harm Innovation

The Horizons Tracker

New research from The Business School shows that relaxation in reporting frequency would help the long-term thinking that is so important for innovation to thrive. This significantly inhibits investment in innovation because managers worry about the impact of this on short-term expenditure. Long-term bets.

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