A recent article in Time Magazine suggests that humans now have an attention span that is less than that of a goldfish. Apparently, the easily-distracted goldfish has an attention span of nine seconds, and according to a study by Microsoft, us humans can only pay attention for eight seconds. That […]
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Transformation is a word that is used to describe the bold, stepwise investments that organizations make in their future capabilities. A transformative effort is broader than incremental improvements. Transformations are intended to fundamentally alter how the business operates. Companies that have the means to invest in transformations usually expect their […]
In modern strategic planning, scenarios are often used to help prepare for externalities that might have an impact on the business in the future. These scenarios allow for some flexibility as you work to achieve your vision for the organization. Whether it includes offloading a planned effort or adding in […]
If you are seeking unstoppable momentum in your organization, tying strong execution to a clarified vision and purpose will get you there. Sure enough, some people doubt the benefit of a purpose driven life or business, but an organization whose purpose is clear performs better financially, has more engaged employees […]
A strategic inflection point is a period of time when an organization must respond to changing competitive forces in the environment or face the consequences of a strategic decline. This inflection point can occur after the organization has become very successful and represents the need for the business to reinvent […]
Many organizations kick off the year by sharing their strategy with employees. This helps set the tone and vision for staff as well as to focus resources on what will be accomplished. But articulating your strategy doesn’t just happen at the beginning of the year when you send out a […]
Resilience refers to the capability to bounce back and recover in the face of challenges or setbacks. Resilience is something that can be strengthened after tough situations, but focusing on building it proactively will help to prepare you to face the future with courage. People who are equipped with resilience […]
That’s not spelled wrong. While “serial entrepreneurship” refers to someone who starts many new businesses in a short period of time, “cereal entrepreneurship” refers to a certain boot strappyness that was displayed by Airbnb founders Brian Chesky and Joe Gebbia when their company was floundering. After several launches that did […]
Jack Welch stated, “control your own destiny or someone else will.” One of the key elements of survival, and adaptation, is the willingness to self disrupt.
What is purpose, anyway? A lot of people are searching for it. Human beings are wired to find purpose, and meaning, in our experiences, in our work, and in our lives. When navigating significant levels of disruption, we often work to find meaning in that, too. In short, a purpose […]
According to a recent article by McKinsey, top performing companies have high ambitions about continuing to make investments in technology. This is not surprising. But how companies plan to leverage technology to differentiate their companies is what is noteworthy. There are several reasons why top performers usually keep an eye […]