How to Seize Opportunity in a World of Disruption

Skip Prichard

That’s one reason I was interested to talk with Leo Tilman and General Charles Jacoby, who co-wrote a new book, Agility: How to Navigate the Unknown and Seize Opportunity in a World of Disruption. and is an expert on risk, strategy, and finance. General Charles Jacoby is a military leader whose career culminated as four-star Commander of the North American Aerospace Defense Command and U.S. AGILITY aims to address this urgent need. Take a smart risk.

Is Your Business A Target For Criminals?

Strategy Driven

To answer the question of the title simply, it should be stated that: yes, businesses are more at risk of being targeted by criminals than private citizens and public sector entities. This is simply because it’s assumed there is more of value to take from a business. As such, we’re going to look at the major criminal risks facing your business and how to make sure that you’re protected. Risk Management business management criminal target

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The Big Picture of Business – Communications Reflect Your Strategy

Strategy Driven

The biggest problem with our business in our society, in a capsule sentence: People with one set of experiences, values, wants and perceptions make mis-targeted attempts to communicate with others in trying to get what they want and need. Yet, we often fail to see it coming. Many go down into defeat because it was never on their radar to change. Each branch has its proper responsibility and should learn to interface with the others.

The Big Picture of Business – Doing Your Best Work on Deadlines: Mobilizing the Energy for Best Business Success

Strategy Driven

In it, Bogey reprised the 1930’s Broadway hit and movie that launched his career. I watch them to experience the magical energy of live performances. This is not meant to suggest putting off sequential steps and daily tasks. Learn when deadline crunch time is best to accomplish the optimum business objecftives. I know from experience that planning while going through the ‘alligators’ is the most effective way to conduct the process.

3 Things All Business Owners Need to Know About Risk-Taking

Strategy Driven

As pivotal as it is to be systematic and strategic with everything that you do in business, you also have to be open to a spot of risk-taking from time to time. To ready yourself for when that time comes for you, you need to know a few very important things. Here’s are three things that you, as a business owner, need to know about the taking of risks: 1. It’s okay to predict disaster as it’s only natural.

The Big Picture of Business – Doing Your Best Work on Deadlines: Mobilizing the Energy for Best Business Success

Strategy Driven

It seemingly looks the same each day but sheds leaves, lets its limbs rot and applies “band-aid surgery” to its branches late in life. None of the limbs and twigs on each branch (staff-consultants) provide all nourishment required to breed a healthy tree (company). Each branch has its proper responsibility and should learn to interface with the others. In it, Bogey reprised the 1930’s Broadway hit and movie that launched his career.

Embracing Risk in Career Decisions

Harvard Business Review

Risk management is critical for business decisions — but may not be healthy for making decisions about your career. In fact, if you want your career to take off, you may need to do the opposite of what risk managers try to do: Instead of focusing on how to reduce risks, you may need to embrace and enhance them. On the surface, career decisions should follow the same process.

How to Deal with the Know-It-All in Your Office

Harvard Business

She came from a big city, and she knew it all — what to wear, the words to songs, how to talk to teachers. But I felt I needed to compete with her. And then, after she’d been in our class for awhile, she got comfortable and eased up on her attitude, leaving me to look like the know-it-all of the class. Many of them, like Selena, are new to their circumstances. This time I didn’t rise to the challenge.

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The UK’s Snap Election Reminds Us That Proposing a Change Forces People to Ask New Questions About You

Harvard Business

In retrospect, it turns out that Theresa May, the British prime minister, took a terrible risk by calling a snap election on the back of a 24-point Conservative Party lead over Labour in the polls. She had hoped to increase her power in Parliament from a slim majority of 330 seats — a mere four seats above a majority — to something in the range of 380 seats. Is the lesson: Don’t take risks? Risks are associated with things you can’t control.

Why Buying a Company Can Be Better than Starting One

Harvard Business

Perhaps your most fundamental career choice is whether you will work in someone else’s company or for yourself. The most successful entrepreneurs through acquisition we’ve seen look for businesses we call enduringly profitable, businesses that are more likely to have a stable income over time. They also are attractive to the lenders and equity investors who provide funds for your acquisition. Entrepreneurship Risk management Digital Article

How to Lead During a Data Breach

Harvard Business Review

Now six years later, an actual event has occurred that is eerily similar to that fictional scenario: a trusted retailer’s point-of-sale system security was breached and a large amount of customer data may be compromised. The breach is reported to have started just before Thanksgiving and continued until December 15 – right in the heart of the most important selling season of the year. The investigation by law enforcement officials will determine who is to blame.

How to Get the Most Out of a Conference

Harvard Business Review

Conferences are an overwhelming rush of presentations, conversations, and potential meet-ups, and it can be tough to know where to focus your time. How do you figure out which sessions to attend? Should you skip the keynote to meet an important contact? How many coffee dates are too many? ” Here’s how to get the most from the conferences you attend. To reduce these feelings, she suggests changing your mindset and motives.

Morning Advantage: How to Take More Risks

Harvard Business Review

When companies lack a clear stance on when and how to take risks, managers often don't take enough of them, routinely making safe investment choices over ones with higher potential. As an anecdote, McKinsey Quarterly offers a starter kit of sorts for developing an organizational point of view on risk that should inform the way executives make decisions. To begin, say Tim Koller and two co-authors, up the ante on risky projects. Want To Be Happy?

Why Leaders Need to Think More Like Professional Gamblers

Leading Blog

O NE OF the unfortunate side effects of living in an age of accelerating technology is having to deal with increased uncertainty. When faced with uncertainty, how should leaders react? We tend to see situations in one of two ways: either events are certain and can, therefore, be managed by planning, investment, and reliable budgets; or they are uncertain, and we cannot manage them. To answer that, he constructed a thought experiment.

Generation to Generation: How to Save the Family Business

Harvard Business Review

Further, some of the world’s biggest companies are family-owned—News Corp, Samsung, Tata Group, and Walmart to name but a few—and more than a third of Fortune 500 companies are family-owned. Given the vast impact of FOBs on every economy in the world, we were keen to learn if there were differences between the boards and governance practices of family and non-family owned companies. Strategic Challenges and Talent Management. How to Fix the Problems.

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Before You Take a Risk, Lay Out the Logic

Harvard Business Review

There is little I see about the practice of risk management today that is particularly helpful. In many companies, the approach seems to be a combination of formalized risk tracking and cultural engineering. To control downside, managers make and track long lists of standardized business risks, as in the interminable listing of risk factors in the Management Discussion & Analysis (MD&A) required by regulation in the annual financial statements of public companies.

A Beekeeper's Perspective on Risk

Harvard Business Review

What I didn't expect was to learn lessons about organizational strategy and behavior that would inform my work as a human capital consultant. Professionally, I help large businesses manage risk by focusing on how their recruiting, compensation, training, and other systems encourage people to behave. What I came to recognize was that beehives were organizations that naturally got things right. Bees are masters at risk management.

For a New Way to Manage Risk, Look to the Past

Harvard Business Review

By Focusing on Resilient Risk Management Ebola Battlers Can Learn from Venice's Response to Black Death NPR Every now and then, a story comes along that makes us editors say, "Why didn''t we think of that?" This is one of those stories, which looks at the devastating Ebola crisis through the lens of both history and risk management, with lessons that go beyond what''s happening in Africa. You will be paid a lot more to forget your uneasy feelings."

Instinct Can Beat Analytical Thinking

Harvard Business Review

Researchers have confronted us in recent years with example after example of how we humans get things wrong when it comes to making decisions. We misunderstand probability , we’re myopic , we pay attention to the wrong things, and we just generally mess up. It is not, however, the only lens through which to view decision-making. Psychologist Gerd Gigerenzer has spent his career focusing on the ways in which we get things right , or could at least learn to.

Finance Can Be a Noble Profession (Yes, Really)

Harvard Business

When I ask students graduating from Harvard Business School what they’re doing next, I often get some version of “I’m going into finance but…” Then they quickly explain that finance is just a way station on the route to nobler goals. Recently, I asked a few students how people react to their choice to go into finance, and I was greeted with nervous laughter. How will the crisis of problematic loans in Italian banks be resolved?

Has SAS Institute’s Goodnight Cracked the Code on Corporate Culture?

Michael Lee Stallard

Congratulations to SAS Institute for being recognized the second year in a row as #1 on Fortune magazine’s 100 Best Places to Work list. Last year I met with Jim Goodnight, SAS Institute’s founder and CEO, to learn more about his leadership and SAS Institute’s culture. Unfortunately, most leaders have a blind spot when it comes to these areas. Recently, SAS was named number 1 on Fortune’s “100 Best Companies to Work For” list for 2010.

Why Businesses Fail | N2Growth Blog

N2Growth Blog

The truth is that even leaders who don’t fail make bad decisions from time-to-time. The fact of the matter is that senior executives who rise to the C-suite do so largely based upon their ability to consistently make sound decisions. However while it may take years of solid decision making to reach the boardroom, it often times only takes one bad decision to fall from the ivory tower. That said, nobody is immune to bad decisioning.

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Leadership & Change

N2Growth Blog

First the bad news : If you’re not willing to embrace change you’re not ready to lead. In fact, leadership demands fluidity, which requires the willingness to recognize the need for change, and finally the ability to lead change. Now the good news : As much as some people want to create complexity around the topic of leading change for personal gain, the reality is that creating, managing and leading change is really quite simple.

28 Leadership Development Recommendations for your Individual Development Plan

Great Leadership By Dan

Welcome to the September edition of the Leadership Development Carnival ! For this month’s edition, I asked an all-star cadre of leadership development bloggers, authors, and consultants to submit an answer to the following question: “We all know that individual development plans (IDPs) need to be tailored for each leader. However - if you had to recommend ONE THING that every leader should have in their in IDP, what would it be? It helps us to develop humility.

How Dumb Is Your Business?

N2Growth Blog

Posted on October 13th, 2010 by admin in Operations & Strategy By Mike Myatt , Chief Strategy Officer, N2growth How dumb is your business? At the risk of drawing the ire of corporate elitists, I submit to you that the dumber your business is, the better off you are. I’m not suggesting for a moment that you don’t want to hire tier-one talent. However I am clearly stating that you don’t want to be dependant upon tier-one talent.

Questions and Team Building | N2Growth Blog

N2Growth Blog

Whether you like it or not, your success as a CEO will be largely tied to your team building ability. Not only do great CEOs understand how to recruit a top executive team, but they also understand how to build cohesion among team members through collaboration while addressing specific situational and contextual needs. Relying on any single question to serve as the omnibus catch-all question is dangerous. Why is this important to you?

Ideas Don't Equal Innovation | N2Growth Blog

N2Growth Blog

As a result of our conversation, I decided to dust-off an old post, give it a few updates, and pass along my thoughts, which can be best summarized as “ Ideas Don’t Equal Innovation. “ It is my hope to help dispel the myth that ideas are inherently good things. While I stipulate to the fact that ideas can sometimes lead to great things, I also submit that it is more frequently the case that ideas lead to disappointment, and even outright disaster.

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6 Core Competencies of Margin Managers

The Kini Group

All margin managers would like to consider themselves in the top 1% of their profession. Margin managers are becoming a more integral part of their companies. And as finding good margin manager talent gets competitive, they have many opportunities to move up. If you want to take your career to the next level, you’ve got to dedicate your energy to a well-rounded approach to margin management.

Has Jim Goodnight Cracked the Code of Corporate Culture?

Michael Lee Stallard

Michael Lee Stallard Insights on Leadership and Employee Engagement Home About Hire to Speak Press Kit Has Jim Goodnight Cracked the Code of Corporate Culture? Unfortunately, most leaders have a blind spot when it comes to these areas. Recently, SAS was named number 1 on Fortune’s “100 Best Companies to Work For” list for 2010. What stood out to me as I observed Goodnight is that he loves to think about how to crack the code of difficult problems.

New Supply Chain Jobs Are Emerging as AI Takes Hold

Harvard Business

Through AI, machine learning, robotics, and advanced analytics, firms are augmenting knowledge-intensive areas such as supply chain planning, customer order management, and inventory tracking. While AI will be deployed to manage certain tasks, including higher-level decision making, the technology’s true power is in augmenting human capabilities — and that holds true in the supply chain. How companies are using artificial intelligence in their business operations.

It?s Not Always Clear What Constitutes Sexual Harassment. Use This Tool to Navigate the Gray Areas.

Harvard Business

The #MeToo movement started by activist Tarana Burke gained momentum in October of 2017 when actress Alyssa Milano invited women on Twitter to respond “me too” to her tweet if they’d experienced sexual harassment or abuse. Women did so across social media, telling their stories and revealing the extent to which so many had lived in silence. They worried that the accusations against high profile men leading to resignations and firings might happen to them.

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Make Sure Your Team’s Workload Is Divided Fairly

Harvard Business

An important part of your job as a manager is making sure everyone on your team has the right amount of work. It’s tempting to give the workhorse more projects than others (especially if she’ll get them done the fastest) or to ease up on someone who is struggling, but you also need to be fair. How do you make sure that work on your team is evenly distributed? and author of You First: Inspire Your Team to Grow Up, Get Along, and Get Stuff Done.

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Joining Boards: It's Not Just Who You Know That Matters

Harvard Business Review

For many, a corporate directorship is a career capstone. No one can say for sure how to get on a corporate board, but many people point to two routes: the first is to break into the "right" network and the second is to seek a progression of board seats that begins with, for example, a seat on a not-for-profit or community board and eventually results in appointment to a corporate board. But attaining one is far from easy.

What Boards Can Do About Brain Drain

Harvard Business Review

Many countries are susceptible to flights of talent and experience its deleterious effects. We wanted to take a deeper look at this phenomenon, so we chose a country that has been experiencing substantial losses of highly skilled talent for many decades: New Zealand. Given that innovation can be a highly influential driver of competitive advantage, how can New Zealand build or maintain any advantage while losing so many of its best and brightest? Boards Talent management

Case Study: How Hard Should You Push Diversity?

Harvard Business Review

It had appeared in a special online supplement of Businessweek on the subject of diversity, and it concerned the company's efforts to increase female and minority representation in management. Charles Begley, GlobeBank's managing director of diversity recruiting, was already reading it onscreen, dumbfounded. "We A glance at the photos of our executive committee on our website is all it takes to see how little headway we've made on diversity. "Did you see this?"