article thumbnail

Moving from Expert to Executive: Changes Great Leaders Learn to Make

Lead Change Blog

For months senior leaders dismissed warning signs and data from employees about severe problems and had ignored market trends for years. As Jim Collins describes in How the Mighty Fall , hubris was at the core. Obsessed with a focus on successful reports, these leaders avoided negative news and data.

Execution 356
article thumbnail

Layoffs Rarely Pay Off: Here are 15 Alternatives

The Practical Leader

Many research reports showed that layoffs sometimes provided short-term relief but hurt most companies in the long-term: A study in the Academy of Management Journal , found that big layoffs often create even bigger turnover spikes soon after. One finding states that laying off just 1% of the workforce caused a 31% increase in turnover.

Collins 119
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Ways to Boost Innovation and Accelerate Organizational Learning

The Practical Leader

Exploration — a broad, open search for strategic partnerships, unresolved problems, latent or unmet needs, new markets and customer segments that potentially fit the organization’s Focus and Context (vision, values, and purpose) and its core competencies. This is a rich source of innovation.

article thumbnail

Why Leaders Need To Show Humility

Tanveer Naseer

In “ Good to Great ”, Jim Collins lamented the trend of boards that become “enamored with charismatic CEOs,” a tendency that, he concluded, was “most damaging” for “the long-term health of companies.” These disasters have affected popular attitudes toward our entire system of free market capitalism.

Kaplan 100
article thumbnail

Finding Your Bigness Balance: Seven Ways to Properly Set the Size.

Kevin Eikenberry

These goals have been labeled by Jim Collins (and others) as a BHAG – a Big, Hairy, Audacious Goal. To be more specific, for each goal, consider setting a range of targets like this: Target A – This is a perfect world scenario, I/we absolutely want it goal. Target B – This is a big, but potentially believable goal.

Goal 184
article thumbnail

7 Leadership Questions That Will Move Your Needle in 2016

The Empowered Buisness

BHAG stands for Big Hairy Audacious Goal , a concept introduced by Jim Collins in his book, “Built to Last.” I got a monthly report of all the key problem areas across the company. Missing emerging market trends and opportunities. Let’s dig in! 7 Leadership Questions That Will Move The Needle in 2016. Being overly optimistic.

BHAG 100
article thumbnail

Most Adults Don’t Mind 4 Months of Christmas Ads

Harvard Business Review

Slate ’s Paul Collins notes that holiday promotions have been starting in early autumn for at least a century. The positive responders report that early holiday marketing puts them in a good mood, helps them to avoid procrastination, and gives them helpful ideas. Marketing Retail' Not so fast.

Retail 9