article thumbnail

How to Solve Complex Problems Fast

Skip Prichard

The tight timeframe and “what must we all start working on” clause pushed people from platitudes like ‘working smarter’ or ‘being more innovative’ into concrete actions, including which sacred cow projects to stop. Good execution requires a “Sharp focus and commitment to a few clearly identified goals.”

Sull 70
article thumbnail

How to Seize Opportunity in a World of Disruption

Skip Prichard

Tactical agility enables employees at all levels to take smart risks, capture opportunities, improvise and innovate as they execute a clear strategy. None of this can be left to chance, allowed to become stale or outsourced to organization­al silos and subcultures, or to outside consultants.

Agility 89
Insiders

Sign Up for our Newsletter

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

article thumbnail

The Big Picture of Business – Business Success Checklist

Strategy Driven

It is important to identify swings and trends so that innovation can remain a strength of your business. The sharp focus and direction on your objectives and goals can only be maintained with constant monitoring of your procedures and processes. Instill discipline. This is often an unpopular issue but this is a critical matter.

article thumbnail

America's Innovation Shortfall and How We Can Solve It

Harvard Business Review

A vast ideological gap on macro-economic policy divides Washington and much of the nation, but there is almost universal agreement on one solution: innovation. Innovation is now perceived as a panacea for job creation, income generation, economic growth, dollar strength, and the revival of the U.S. as global hegemon.

article thumbnail

The 5 Requirements of a Truly Innovative Company

Harvard Business Review

Can you think of any business topic that’s been hotter for longer than innovation? In a McKinsey poll , 94% of the managers surveyed said they were dissatisfied with their company’s innovation performance. And yet when it comes to innovation, the gap between aspiration and accomplishment seems as big as ever.

article thumbnail

Recommended Resources – An Interview with Paul Leinwand and Cesare Mainardi, authors of The Essential Advantage

Strategy Driven

Achieving coherence requires a sharpness of focus that few companies have mastered. These choices historically conferred advantage – first-mover, scale – but asset-based scale advantages have diminished in recent years, thanks to technology, cheap information, and outsourcing.

article thumbnail

Research: The Rise of Superstar Firms Has Been Better for Investors than for Employees

Harvard Business Review

The other main explanation for labor’s downfall is that Chinese imports have caused employers to outsource employment to Asia, causing a fall in the labor share domestically, even if labor utilization does not fall globally. Moreover, China itself is experiencing a sharp decline in labor’s share.

GDP 8