Lead from Within

NOVEMBER 21, 2017

In today’s world, you have to rely on consensus and shared ownership rather than any individual point of view—even your own. In business, as in life, we often have to operate in a fog of uncertainty. The best way not to make these deadly mistakes it to be aware of them, manage them and get a great coach to help you leverage them.

Self-aware 167

Self-aware Consensus Uncertainty Creativity 167

Harvard Business Review

OCTOBER 3, 2014

Consensus is a powerful tool. When CEOs set out to conquer new markets or undertake billion-dollar acquisitions, we’d hope they’d at least sought out some consensus from their trusted advisors. The problem with consensus is that it’s expensive. The problem with consensus is that it’s expensive. Consider the story of Nick.

Consensus 13

Consensus Innovation Company Ries 13

Tanveer Naseer

DECEMBER 27, 2016

In the case of 2016, there seems to be a common consensus that this was a particularly bad year which many are glad to see come to an end. It’s in these moments where our leadership is needed most – not simply to help our employees with managing their feelings of resignation, but to encourage them to find the path for what to do next.

Long-term 252

Long-term Politics Consensus Learning-by-Doing 252

You're Not the Boss of Me

MARCH 30, 2014

He was a stickler for punctuality and his need for control was so strong that he posted one of his managers at the elevators each morning armed with a clipboard and orders to write down the names of all those unsuspecting stragglers who deigned to arrive past the expected starting time. he had written, “girl with red hair and green sweater”.

Leadership Styles 82

Leadership Styles Consensus Uncertainty Leadership Development 82

Strategy Driven

AUGUST 30, 2019

Many businesses use both, combining techniques to achieve better results: Qualitative Forecasting: Uses methods that focus on opinion and consensus, such as market research and the Delphi method , to arrive at a reasoned conclusion. Beyond that, there are two broad categories of methods that each type of forecasting can employ.

Efficiency 59

Efficiency Disaggregation B2B Uncertainty 59

Thin Difference

APRIL 11, 2019

Most business executives want order, although chaos and uncertainty appear often. Holacracy is a way of structuring and running organizations that replaces the conventional management hierarchy. Consent decision-making: Policy decisions are made by consent, which differs slightly from consensus. Key Elements of Holacracy.

Organization 62

Organization ESOP Cooper Reis 62

Coaching Tip

DECEMBER 3, 2014

In the volatile, uncertain, complex and ambiguous (VUCA) business landscape expected to continue for 2015, leaders face many challenges , requiring aggressive, sustained talent management strategies to prepare them for success. Two times more likely to place value on interacting over managing skills. The Mobile Era Matures.

Human Capital 103

Human Capital Conference Metrics Talent Management 103

Strategy Driven

JULY 29, 2015

Anyone who will touch the final solution must be present to move forward or there will be fallout, sabotage, and resistance: there is no way to compensate (as per creativity or consensus) once a meeting is held with folks missing. Management and Leadership – Managing Your Virtual Team. No restrictions.

Resistance 50

Resistance Download Open-book Diversity 50

You're Not the Boss of Me

DECEMBER 10, 2011

He was a stickler for punctuality and his need for control was so strong that he posted one of his managers at the elevators each morning armed with a clipboard and orders to write down the names of all those unsuspecting stragglers who deigned to arrive past the expected starting time. he had written, “girl with red hair and green sweater”.

Leadership Styles 57

Leadership Styles Consensus Uncertainty Environment 57

Harvard Business Review

JANUARY 23, 2012

How can RIM (and other companies in the same boat) chart effective strategy in uncertainty? It involves too many people When a strategic plan needs to finely calibrate the moves of loosely controlled business units and achieve consensus, then it often makes sense to include a wide range of stakeholders in the discussions.

Strategy 14

Strategy CEO Strategic Planning Consensus 14

Harvard Business Review

JULY 25, 2013

Is success as Fed chair simply a matter of being a brilliant economist, or are a consensus-driven leadership style and the ability to effectively manage the Board of Governors and the Federal Open Market Committee equally critical? Nonetheless, this research is worth bearing in mind when considering who would make the best Fed chair.

Management 8

Management Policies Analysis Reputation 8

Harvard Business Review

JUNE 6, 2011

It's their failure to effectively manage the wickedness of the problems they face — problems that resist obvious solutions. As Chief Facilitation Officers, leaders must resist the temptation to hurry through the exploration of wicked problems, and just as importantly, resist the pull of management teams and boards to rush to consensus.

Chaos Theory 14

Chaos Theory Uncertainty Resistance Leadership 14

Harvard Business Review

JUNE 15, 2012

We described what we meant by that in the consensus report Intelligence Analysis for Tomorrow , and in more detail in a collection of readings that introduces the science. Assessing that uncertainty requires making predictions precise enough to be evaluated in the light of reality.

Kahneman 13

Kahneman Game Theory Committee Analysis 13

You're Not the Boss of Me

FEBRUARY 5, 2009

He was a stickler for punctuality and his need for control was so strong that he posted one of his managers at the elevators each morning armed with a clip board and orders to write down the names of all those unsuspecting stragglers who deigned to arrive past the expected starting time.

Leadership Styles 40

Leadership Styles Leadership Blog McCarthy 40

Marshall Goldsmith

MAY 26, 2014

They are not afraid of uncertainty or ambiguity, they embrace it. I have often heard Ed Zander, the CEO of Motorola, teach his high-potential leaders the value of encouraging participation, while also being clear that every decision should not be made by a vote or through achieving consensus. Given the choice, they bet on themselves.

Succession 181

Succession Commitment Follow-up Learning-by-Doing 181

Harvard Business Review

OCTOBER 5, 2012

It turns out that being the CEO is less stressful than being a senior manager. Studies show that a sense of certainty is deeply rewarding, in and of itself, whereas the experience of uncertainty creates further stress in the brain. Perhaps senior leaders don't need to learn to manage stress better after all.

Stress 8

Stress Short-term Uncertainty Long-term 8

Harvard Business Review

MARCH 7, 2016

Managers make about three billion decisions each year, and almost all of them can be made better. The stakes for doing so are real: decisions are the most powerful tool managers have for getting things done. For comparison, goal-setting best practices helped managers achieve expected results only 30% of the time.)

Kahneman 8

Kahneman Groupthink Tools Software 8

Harvard Business Review

NOVEMBER 7, 2013

The situation has changed since then; there’s now a consensus about the necessity to make a shift to efficiency, innovation, productivity, and, ultimately, consumption. The policy environment will provoke considerable uncertainty in the business environment in China in the future. Which Management Style Will China Adopt?

Policies 8

Policies Uncertainty Long-term Resistance 8

Harvard Business Review

JANUARY 17, 2012

No one has a perfect model for managing this level of uncertainty. However, we believe that India's (incomplete) journey offers valuable lessons about managing growth and change. Among the family-owned businesses that emerged stronger, such as the Aditya Birla Group , there was a concerted effort to professionalize management.

Globalization 14

Globalization Bottom-up Class Consensus 14

Harvard Business Review

MAY 4, 2012

It's a question that has defied consensus, with valid arguments on both sides of the issue. Although the empirical evidence is mixed, this argument has intuitive logic: Because investors abhor uncertainty, knowing management's expectations is a valuable data point that can strengthen their confidence in the investment.

CFO 11

CFO Metrics Price Depreciation 11

Harvard Business Review

DECEMBER 21, 2011

In light of today's economic volatility and uncertainty every aspect of business is being re-examined for its value in creating and sustaining profitable growth. I've worked in human resources for over 25 years, the past six with Newell Rubbermaid, and this is not a new endeavor for me.

Offshoring 14

Offshoring Fixed Costs Outsourcing Construction 14

Harvard Business Review

APRIL 28, 2014

That’s the argument of British money manager George Cooper ’s very interesting if less-than-felicitously titled new book, Money, Blood and Revolution: How Darwin and the Doctor of King Charles I Could Turn Economics Into a Science. Economy Finance Risk management' Economics is due for a paradigm shift. In macroeconomics, too.

Cooper 9

Cooper Finance Open-book Risk Management 9

Harvard Business Review

MAY 20, 2013

If you''re setting out to do so, you''ll need to confront uncertainty about how to get the most value from the investment and carefully consider what you''re setting out to achieve. Design Project management' An effective client-partner relationship arrives at solutions that aren''t just creative, but useful.

Govindarajan 8

Govindarajan Long-term Short-term Banking 8

Harvard Business Review

FEBRUARY 25, 2014

That was the general consensus after one of my favorite HBS classes: an entrepreneurship case on a company called Tickle. The most important way to mitigate risk is to become excellent at either engineering, product, selling, or operations and management. “I’m so glad we read that case — I’m NEVER going to start a company.”.

Career 8

Career Company IPO Christensen 8

Harvard Business Review

JUNE 1, 2016

” By 2050 it will slash emissions up to 72%, with the exact number TBD, but at a pace that will keep them “in line with scientific consensus.” Given the built-in uncertainty surrounding agricultural emissions, locking down a plan with these elements is important. But it’s only good enough in the short-run.

Goal 8

Goal Industry Consensus Planning 8

Harvard Business Review

OCTOBER 1, 2018

When Agile software development was born in 2001, it articulated a set of four critical principles to elevate the craft of software development and improve engineering and product manager motivation. The greater the uncertainty on a team’s hypothesis, and the greater the risk, the shorter that runway should be.

Agility 8

Agility Engineering Software How To 8

Harvard Business Review

NOVEMBER 18, 2016

He put it in simple, CEO-friendly terms: “I am accountable for enterprise risk,” he said, “and clearly there’s a strong scientific consensus that climate is a risk.” It’s hard to say what will happen to that agreement, but even uncertainty about the commitment of the United States likely will not sink it.

Supply Chain 8

Supply Chain Bottom-up Short-term Globalization 8

Harvard Business Review

MAY 6, 2014

At a fundamental level, the decisions managers make about revenue and profits fall into two categories—those related to growth and those related to cost reduction. Managers use cost-related data as an objective input for decision making, since they consider it both reliable and reasonably predictable. Cost reduction data are precise.

Disruptive Innovation 10

Disruptive Innovation Levitt Innovation Tools 10

Harvard Business Review

OCTOBER 31, 2018

At the same time, powerful sections of the investment community are amplifying demands that companies move beyond empty posturing to better manage their social, political, and environmental efforts. Amid all the fuss, key shareholders seem to be concluding that prioritizing only profits may be neither smart nor sustainable.

CEO 10

CEO Politics Policies Survey 10

Harvard Business Review

MAY 7, 2014

It can be draining, but I’ve learned how to manage the process to make it meaningful without being overwhelming. The absence of a denoted ending leaves a sense of uncertainty that can be highly problematic: Are we really saying goodbye? This doesn’t necessarily require a collective decision-making process or a unified consensus.

Objective 12

Objective Participative Consensus Process 12

Harvard Business Review

NOVEMBER 7, 2018

” But achieving decentralization requires a meaningful investment in capital in order to attract a distributed network of users and network managers that maintain the decentralized ledgers (or nodes). For the entrepreneur, the earliest money invested into a venture, which is raised when uncertainty is highest, is the most expensive.

Cost 8

Cost Decentralization Finance Entrepreneur 8

Harvard Business Review

OCTOBER 31, 2016

The team didn’t leave with consensus on their strategy, but they accomplished enough to refine the concepts, make a final decision, and get board approval within the following couple of weeks. We then collectively developed and presented three competing visions in the form of storylines.

Agility 8

Agility Strategy Short-term Long-term 8

Harvard Business Review

JANUARY 15, 2013

The other half might have been open to the idea that law firms needed a strategy, but completely opposed to having anything other than a consensus-built, senior partner-friendly mechanism for making strategic choices, which almost by definition is doomed to fail. Just keep billing those hours!

Creativity 8

Creativity Consensus Business Model Committee 8

Harvard Business Review

DECEMBER 17, 2014

And the more growth opportunities stretch beyond a company’s current capabilities, the more the company needs to build systems to manage the unique nature of these opportunities (the kind we describe in more depth in our recent article “ Build an Innovation Engine in 90 Days ” and our 2012 e-book Building a Growth Factory ).

Innovation 9

Innovation Company Venture Capitalist Business Model 9

Harvard Business Review

MAY 16, 2016

This dialogue reached a consensus among political parties stipulating that the incumbent Islamists hand over power to a technocratic transitional government. This was the context when, on Christmas Day 2013, the then-designated Prime Minister Mehdi Jomaa offered me the aforementioned thankless and non-lucrative opportunity.

Politics 10

Politics Chief Information Officer Tourism Environment 10

Harvard Business Review

JULY 3, 2018

The officers reached a consensus for some words, but their interpretations were all over the place for others. In the best-known version , he showed sentences that included probabilistic words or phrases to about two dozen military officers from the North Atlantic Treaty Organization and asked them to translate the words into numbers.

Survey 8

Survey Hedge Analysis Benchmarking 8

Harvard Business Review

NOVEMBER 16, 2016

Even if Republicans can dictate changes to health care law, there will not be consensus among them on how to fix it. Democrats should not take that approach. Obamacare does need to be revised , and Democrats can help ensure that it is done in a way that is (in part) consistent with their own vision.

Health Care 8

Health Care How To Politics Policies 8