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ODIL: A self-reinforcing process and a fractal analogy It is no secret that an inordinate number of improvement efforts either fail to deliver or enjoy a very short lifespan. Even more unnerving is the notion that while an implemented change is alive and well, it is not clear that a business benefit is being derived … Read more
There are ten critical areas where your ability to think largely determines your business success. The greater clarity you have in each of these areas, the better decisions you will make and better results you will achieve. 1. Key Purpose What is the purpose of a business? Many people think that the purpose of a … Read more
I keep going back to innovation…and I am sure you’ll be wondering, WHY?? It is simply so, because if it wasn’t for innovation, we wouldn’t have progressed thus far,…..for innovation keeps coming back,…..each time in a new avatar, hence for me to talk about innovation is neither stale,…..nor a stale-mate,…..instead it’s a state we are … Read more
These basic competencies are considered vital for effective leadership: A leader must be able to look unflinchingly at the realities of the organisation and marketplace. To “interrogate reality,” a leader should ask: The leader’s vision must be both feasible and far-reaching. CEOs should build a vision by expanding their intellectual horizons. Get out of the … Read more
Larry Traynor shares his experience of the complexities of managing international projects and recommends 12 golden rules for success My first international assignment was in Cologne, Germany, working for Ford, managing international projects. I had to learn German, and went through the “cultural shock” of moving to a foreign country: feeling isolated, misunderstood, and just … Read more
New end-to-end enterprise application platforms let you produce high-fidelity application prototypes that reduce risks of failure or overruns. IT Projects Face New Requirements and Old Challenges The evolution of Cloud Computing and Rich Internet Applications (RIA) has brought about some fundamental changes in IT that is drawing attention to how IT projects are being managed … Read more
A company cannot afford to waste time to achieve its strategic goals, such as correcting an existing problem, proceeding with a M&A or a project that impacts the whole company. When they delay their decision to hire a competent manager, many companies get into trouble, loose their competitive advantage or fall behind on their market. … Read more
It takes a lifetime to build and a moment to lose Trust is the fundamental currency of business. Without trust our economies cannot function. And yet many organisations, teams and individuals struggle with trust. They struggle to gain their customers trust; they fail to develop their employees trust. Without trust stakeholders become cynical, disillusioned and … Read more
I’ve been reading Bill and Dave (subtitled: How Hewlett and Packard built the World’s Greatest Company) by Michael Malone. He’s a great writer, and it’s an important business story; I heartily recommend it. Being an ex-HPer, I have tremendous respect, bordering on reverence for the “HP Way”, which was the basis for the corporate culture … Read more
It will have taken an unprecedented pandemic to realize the damaging effects of several decades of strategies which were certainly profitable in the short term, but which created multiple dependencies, ultimately destroying value in the long term. We can measure today the impact of localizing 80% of the world’s production of masks in one province … Read more