How to Develop Emotional Intelligence for Successful Leadership

CEO Insider

That is the ability to empathize with the emotions of others and manage your own. Developing emotional intelligence demonstrates a solid commitment to leadership. The post How to Develop Emotional Intelligence for Successful Leadership appeared first on CEOWORLD magazine.

Is Innovation manageable?

N2Growth Blog

In the years leading up to 2018, I have spent my time bringing innovation to the financial services space. Fintech, as this sector is colloquially referred, focuses for the most part on disrupting the state of affairs induced by the use of technology. As such it is all about innovation. And now, from a distance, my optimism regarding the sector’s ability to innovate and capture opportunities has not changed. Let’s study a bit about Innovation.

Insiders

Sign Up for our Newsletter

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

How do leaders build an everlasting family business?

CEO Insider

The senior management is likely to be headed by a CEO or in decision […]. CEO Insider Demographics Insider Design Insider Developing Employees Insider Difficult Conversations Insider Disruptive Innovation Insider

Netflix's Bold Disruptive Innovation

Harvard Business Review

It is Clayton Christensen 's innovator's dilemma incarnate, and Netflix is very publicly trying to solve it. The vast, vast majority of these are for software development of one sort or another to support the streaming business. On top of the technical skills, Netflix is building an organization tuned to the needs of a disruptive environment. Music to any innovator's ears. Disruptive innovation Managing uncertainty Organizational culture

How Big Data Is Changing Disruptive Innovation

Harvard Business Review

Much fanfare has been paid to the term “disruptive innovation” over the past few years. Disruptive innovations are: Cheaper (from a customer perspective). The reason these characteristics of disruption are important are that when all three are present, it’s difficult for an existing business to respond to competition. Historically, the place we’ve looked for hints of oncoming disruptions has been in the low end of the market.

Running a Consumer Fintech Startup within Goldman Sachs

Harvard Business

Disruptive innovation Research & development Entrepreneurial management AudioRapid expansion strained the startup in its first year. Should they pause to allow performance to catch up with growth, or push to diversify?

Find a Job Using Disruptive Innovation

Harvard Business Review

Disruptive innovators ask the right questions, observe the world like anthropologists, network for novel ideas, and experiment to make things work. For a more detailed look at these skills, see The Innovator's DNA ). Applying the skills disruptive innovators use to your job search can help you unearth more, and better, opportunities. Disruptive innovators approach networking in a unique way. Career planning Job search Managing yourself

Watch: Mastering the Five Skills of Disruptive Innovators

Harvard Business Review

Have you mastered the five skills that distinguish innovative entrepreneurs and executives from ordinary managers? In The Innovator’s DNA , co-authors Jeffrey Dyer , Hal Gregersen , and Clayton Christensen (The Innovator’s Dilemma, The Innovator’s Solution) built on what is known about disruptive innovation to show how individuals can develop the skills necessary to move from idea to impact. Innovation webinar

Why Do We Spend So Much Developing Senior Leaders and So Little Training New Managers?

Harvard Business

During the last five years of my corporate management career, I had a great deal of leadership development. Along with many other executives, I attended talks by noted management authors, I went to (often lengthy) team-building exercises, and I participated in discussions on different leadership styles. It was OK — extremely insightful at times, moderately interesting at others, but it often kept me away from the demands of everyday management.

Toys ‘R’ Us Is Dead, but Physical Retail Isn’t

Harvard Business

As Darrell Rigby argued in a 2011 HBR article , every 50 years the retail industry goes through a major disruption. A more interesting development — one more pertinent to the challenges Toys “R” Us is facing — is the emergence of “shoppable showrooms.” Competitive strategy Disruptive innovation Retail & Consumer Goods Digital ArticleThe recent bankruptcy filing at Toys “R” Us has roiled the toy industry.

Research: Self-Disruption Can Hurt the Companies That Need It the Most

Harvard Business

When innovations threaten to disrupt an industry by replacing an old business model with a new one, incumbents need to invest in that model in order to survive. That’s the conventional wisdom, and it’s given rise to popular mantra “Disrupt or Be Disrupted.” ” If you’re dealing with innovations that have led to a dominant new business model in your industry, that advice is sound, as the leaders of Netflix and Blockbuster can tell you.

Kodak’s Downfall Wasn’t About Technology

Harvard Business

Today, the term increasingly serves as a corporate bogeyman that warns executives of the need to stand up and respond when disruptive developments encroach on their market. The camera was as big as a toaster, took 20 seconds to take an image, had low quality, and required complicated connections to a television to view, but it clearly had massive disruptive potential. In fact, Kodak invested billions to develop a range of digital cameras.

6 Digital Trends Are Poised to Transform How We Work - SPONSOR CONTENT FROM DXC TECHNOLOGY

Harvard Business

Sensors, embedded devices, and wearables are steadily becoming ubiquitous in the enterprise, generating huge amounts of data that, if not managed well, can easily become noise. Orchestration, APIs, and the citizen developer. Architects and developers have been talking about APIs and orchestration for decades. Now, these things are crucial to boosting business agility and enabling “citizen developers.” Disruptive innovation Sponsor Content

3 Changes Retailers Need to Make to Survive

Harvard Business

Few industries are being disrupted as drastically as the retail industry. Pioneers of new business models, such as Alibaba and Amazon, are launching innovations in rapid succession, such as voice ordering and real-time pricing, while simultaneously building scale and driving down costs. The retailers left standing are those that figure out how to treat disruption as business-as-usual in an industry accustomed to slow, strategic planning. Danita Delimont/Getty Images.

How Chinese Companies Disrupt Through Business Model Innovation

Harvard Business

Experts continue to debate whether Chinese businesses are truly disruptive. Far from being disruptive, Chinese textile, apparel, appliances, metal, and solar and wind players have done little that has been different from the practices they found in these industries when they entered them. They have been displacers, not disrupters. Displacement generally is easier to combat than disruption. For some industries in the West, this question appears a bit ridiculous.

LeadershipNow 140: October 2015 Compilation

Leading Blog

Transforming Organisations for Sustained Innovation by Hubert Gatignon via @INSEADKnowledge. How to Manage Your Ego by Anne Perschel @bizshrink. MIT: New research fundamentally challenges Clay Christensen's theory of disruptive innovation. Don’t Manage Time – Manage Your Values, Priorities, & Habits by @scedmonds. Like us on Facebook for additional leadership and personal development ideas.

The Power of Designing Products for Customers You Don’t Have Yet

Harvard Business

” But as Christensen observes, finding pockets of non consumption is a ripe opportunity for innovation. My daughters, now teens, are both deft at managing their own savings in a Capital One account and I finally feel like I’ve completed the job to be done that I intended to do all those years ago. Getting innovation right doesn’t have to be a crap shoot. Innovation Disruptive innovation Growth strategy Digital Article

What Innovative Companies Can Learn from Keurig’s Highs and Lows

Harvard Business

Continuously reinventing your organization doesn’t mean you have to start from scratch with each new innovation. ” Weak signals — specifically Americans’ desire for flavorful, convenient, fresh coffee — in the late 1980s, inspired the development of the Keurig coffee system. If the innovation is developed within your organization, assign responsibility to a dedicated team. The innovation was a bold move.

Leading in the Wild

Lead Change Blog

While the great majority of managers today believe employees exit for more money, research shows only 12% leave for compensation concerns. Wise leaders know that success in the future will not come from incremental improvement but rather through disruptive innovation. Leadership Development Decisions Leadership Management Watership Down

Wilde 251

Reflecting on David Garvin’s Imprint on Management

Harvard Business

Garvin was a generalist more than a specialist, perhaps because he came of age at HBS during the 1980s, when the school’s primary focus was the development of skilled general managers. Kaplan’s balanced scorecard or Clayton Christensen’s disruptive innovation. But he gave us something just as important, I think: curiosity about — and great insight into — the gnarly, complicated work that general managers do.

NPV 31

Revealing Leadership Insights From Thinkers50

Tanveer Naseer

State of the art management and leadership techniques are continually evolving. Technology has clearly paid a huge part in this, but the biggest driver of change in how organizations are run is the ceaseless quest for improvement; to manage more efficiently and effectively to better achieve business results. In The Innovator’s Dilemma , he looked at why companies struggle with radical innovation in their markets.

Social Mindset: A Key to Engaging Talent

QAspire

Our workplace conversations today are dominated by topics like increasing globalization, economic uncertainties, automation, disruptive innovations, social technologies, generational shifts, mobility, people analytics, gig economy and such. This is a more holistic conversation, and one that really engages talent by integrating work design, culture, rewards, learning and career development to deliver superior employee experience.

How Understanding Disruption Helps Strategists

Harvard Business Review

Through the past 15 years my colleagues and I have wrestled with disruption in many contexts. Bower “ Disruptive Technologies: Catching the Wave ” introduced the idea of disruption to the mainstream market. Christensen and two co-authors revisit where disruption theory stands today in a new HBR article, “What Is Disruptive Innovation?” First, disruption directs you to look in places you might otherwise ignore.

The Innovation Health Care Really Needs: Help People Manage Their Own Health

Harvard Business

Finally, health care, which has been largely immune to the forces of disruptive innovation , is beginning to change. In most industries, disruption comes from startups. Yet almost all health care innovation funded since 2000 has been for sustaining the industry’s business model rather than disrupting it. One big incumbent that has become more receptive to disruptive innovation is the insurance giant Humana. Encouraging Disruption.

Before You Respond to that Email, Pause

Harvard Business Review

We all should work toward developing better, saner norms of communication amid the explosion of channels available to us. Communication Disruptive innovation Managing yourself Someone sends you an email message or a text, and you’re unsure how to respond. It’s about a complex negotiation, or a politically sensitive situation. Or maybe it’s just from a person who unnerves you. For a moment, you pause. But for most of us, most of the time, that pause doesn’t last long.

3D Printing Will Revive Conglomerates

Harvard Business Review

Hailed in the 1960s as bastions of sophisticated management, they used cheap financing to acquire, then rationalize, many family-owned firms. As the technology develops, GE could revamp this and other plants into general printer farms supplying all of its manufacturing divisions. Headquarters provides accountability and perhaps better metrics than the divisional managers might otherwise have. Conglomerates, after all, are just a management tool.

Insurance Isn’t Safe from Digital Upheaval

Harvard Business Review

Today, almost every industry is vulnerable to the effects of digitization and to what Accenture calls “Big Bang Disruption.” In Big Bang disruption, rule-changing innovation leads to the creation of entire product lines (or the destruction of whole markets) essentially overnight, with disrupters coming from outside the industry that they are disrupting. Customers also want insurance providers to not only insure risk, but to help them manage risk.

We Shouldn’t Be Dazzled by Apple’s Earnings Report

Harvard Business Review

To see that larger picture, let’s locate Apple within its larger context as a once disruptive innovator that’s now essentially an incumbent. A fundamental tenet of disruptive innovation is that established firms normally do not react to disruptors. One of the most common misunderstandings about disruptive innovation is thinking that incumbents are either blind to the opportunity disruptors are creating or they are deliberately choosing to ignore it.

What Makes A Purpose-Driven Organization? 4 Misconceptions About Purpose-Driven Companies

LDRLB

There are a variety of purpose-driven organizations whose sense of meaning and mission are drawn directly from the product offered—they sell a disruptive innovation or sustainably sourced consumer product with zero environmental impact.

Disruptive Business Models | N2Growth Blog

N2Growth Blog

While much has been written about corporate vision, mission, process, leadership, strategy, branding and a variety of other business practices, it is the engineering of these practices to be disruptive that maximizes opportunities. Without a disruptive focus you are merely building your business model on a “me too&# platform of mediocrity. So why do so many established and often well managed companies struggle with disruptive innovation?

The Industries That Are Being Disrupted the Most by Digital

Harvard Business Review

The barometer below shows the percentage of executives surveyed who responded that their business would be moderately or massively disrupted by digital in the next 12 months, broken down by industry. Unsurprisingly, the most disrupted organizations were B2C, with media being the most disrupted and telecoms and consumer financial services close behind. The most disrupted industries typically suffer from a perfect storm of two forces.

B2C 9

The Disruption of Venture Capital

Harvard Business Review

".most often the very skills that propel an organization to succeed in sustaining circumstances systematically bungle the best ideas for disruptive growth. An organization's capabilities become its disabilities when disruption is afoot." – Clayton Christensen, The Innovator's Solution. Over the years, venture capitalists have been some of the most ardent students of disruptive innovation. Disruptive innovation Venture capital

Hedge 12

Making African Health Care Radically Cheaper

Harvard Business Review

When I flew into Lagos last month – only a few days after Nigeria had confirmed its first case of the Ebola Virus Disease – the city was clearly deep in risk management mode. Disruptive innovations can play a critical role in democratizing healthcare by making goods and services affordable and convenient enough that large populations of under-served consumers become able to access them. Disruptive innovation Health

LeadershipNow 140: January 2015 Compilation

Leading Blog

Why Culture and Leadership Matter for Disruptive Innovation by James daSilva via @SBLeaders. How to Develop a Lifelong Learning Habit by @dorothydalton. Why We Need a Management Shift by @VlatkaHlupic. Like us on Facebook for additional leadership and personal development ideas. Here are a selection of tweets from January 2015 that you might have missed: Some of the Things I''ve Learned - What Will Matter by @Josephson0.

Does Your Business Model Look to the Future or Just Defend the Present?

Harvard Business Review

How can incumbents manage through the monumental changes currently under way? Amazon is experimenting with drone delivery not just to lead but also to advance drones on the regulatory agenda and to catalyze other companies to develop viable models. Information & technology Disruptive innovation Growth strategy Managing uncertainty Digital ArticleEstablished industries aren’t ripped apart overnight.

Is Rooftop Solar Finally Good Enough to Disrupt the Grid?

Harvard Business Review

Recent developments, such as falling solar panel prices and increases in efficiency rates (the rate at which sunlight hitting panels is turned into usable energy), have made distributed energy increasingly economical, while new business models and financing methods have made it more accessible. This story of disruption should feel familiar. But before distributed energy can make a greater impact, more comprehensive energy management platforms must be developed.

Start-ups Should Sell to Small Businesses, Not Big Enterprises

Harvard Business Review

In this way, the start-up that initially served only small businesses can disrupt incumbents and come to dominate the large enterprise market, too. Several examples of this strategy have emerged over the past few years: Salesforce disrupted expensive on-site customer databases by offering a cloud-based solution that replaced substantial up-front expense with a low monthly subscription. Entrepreneurial management Disruptive innovation

B2B 8

Winners Are Born In Difficult Times

Tanveer Naseer

At best, leadership development is a fun day out, at worst it is a gut wrenching, annoying exercise that leaves you cringing as someone teaches you to suck eggs. Perhaps, but that’s how most managers and executives I work with see it…. And it is managers’ ability to innovate, collaborate and adapt to a constantly changing environment that are the leadership skills we most need to develop. The following is a guest post by Therese S. Kinal.

A Disciplined Approach to Evaluating Ideas

Harvard Business Review

That's one memorable piece of advice from a leader at a global innovation powerhouse. Managers working on ideas discover that detailed PowerPoint documents are their biggest enemy, because the details act as bait for nit-picking devil's advocates. The general way around this problem seems simple enough — have a process by which you evaluate ideas in different ways at different stages of development (most call this a "stage-gate process.").

Breaking the Death Grip of Legacy Technologies

Harvard Business Review

Organizations develop processes through repeated problem solving. Managers constantly try to fit new market needs to existing processes and routines. And then we have Clay Christensen’s work on disruptive innovations : how a new technology that is initially not good enough for mainstream customers, initially gains a foothold with a set of low-end customers who are happy with a less expensive, “good enough” product.

14 Ideas for Busting Bureaucracy

Harvard Business Review

This is the second leg of the HBR/McKinsey M-Prize for Management Innovation and a call for inspiring stories, bold ideas, and instructive experiments that demonstrate what can happen when you scrap compliance, conformance and predictability for freedom, passion, and dynamism. We asked management innovators around the world to share their stories and hacks about: Making organizations more inspiring, engaging, and passion-driven. Managing without managers.

Four Simple Low Resolution Innovation Tests

Harvard Business Review

We recently developed a novel idea for a consumer electronics company. Imagine you had an idea for a one-week seminar that intersects strategic innovation and design thinking, bringing together world-class speakers, global attendees and unique tools. A few years ago we helping a startup develop an idea for a medical tourism business where customers seeking elective procedures would fly to exotic but lower-cost destinations. Disruptive innovation Innovation Risk management

Whose Capitalism is it Anyway?

Harvard Business Review

We already know the answer: the kind of innovation that comes from collaboration, not competition. There's this complaint: 'I'd love to think and manage for the long term, but Wall Street won't let me.' Disruptive innovation M-Prize Managing upIn the few years since the financial crisis of 2008 hit us where it hurts, the calls for the "end of capitalism" have rung out from the streets and halls of power alike.

GDP 12