Remove Finance Remove Innovation Remove Performance Review Remove Project
article thumbnail

The 3 Company Crises Boards Should Watch For

Harvard Business Review

This becomes more likely as the organization takes on strategic risk — through innovation, mergers and acquisitions, or because its environment is becoming more volatile. Their operating environment changes in a way they don’t recognize, or they take on a project that they believe is within their capability but isn’t.

article thumbnail

There Are Two Types of Performance — but Most Organizations Only Focus on One

Harvard Business Review

The second type, known as adaptive performance , is how effectively your organization diverges from its strategy. Adaptive performance manifests as creativity, problem solving, grit, innovation, and citizenship. ” Of course, being too adaptive can also hurt tactical performance. Set learning goals.