The pace of digital disruption is putting even large corporations at risk of closure. Startups are using disruption to their benefit by embracing robust approaches and creating unique business models. This intense competition and disruption warrants organizations to keep evolving in order to thrive. They can do this by creating cutting-edge systems and software, adopting […]
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Business Transformation initiatives are complex undertakings that aren’t easy to manage. In fact, data suggests most transformation efforts globally to have ended up in failure. That’s predominantly because organizations find it challenging to make their people accept change. Most of the large-scale change initiatives are typically executed without focusing much on the human element—bolstering the people’s […]
When organizations go into Mergers & Acquisitions (M&A), its future operating state changes. A fundamental question will arise as to what the Target Operating Model (TOM) of the resultant organization will look like. What is TOM? The Target Operating Model (TOM) represents a clearly defined target structure in which the relevant unit should operate in […]
Forming a team takes time. Companies cannot expect a new team to perform well when it first comes together. Members often go through stages as they change from being a collection of strangers to a united group with common goals. “Coming together is a beginning. Keeping together is progress. Working together is success. – Henry […]
According to Charles Coonradt, a Management Consultant, “The failure to give appropriate and timely feedback is the most extreme cruelty that we can inflict on any human being.” The feedback project can be stressful. Many people feel fear to ask about their performance. Yet, there are strategies leaders can take on to defuse the stress. […]
Recent McKinsey research results showed that many companies today are in a nearly permanent state of organizational influx. Within the past 2 years, almost 60% of the companies interviewed experienced a redesign while an additional 25% 3 or more years ago. This Organizational Design flurry is due to the accelerating pace of strategic change driven […]
The Matrix Organizational structure has a great influence on Project Management. The Matrix has evolved to fill the need of an organization to deal with great project size and complexity. This has increased organizational complexity. However, it has also greatly added to the versatility and effectiveness of Project Management. The Matrix has permitted Project Management […]
We are living in a Digital Age. A robust Digital Transformation Strategy is today’s organization’s corporate armaments in remaining competitive. Organizations that have excelled in Digital Transformation have one thing in common that distinguish them from the rest: their mastery of the 4 critical Business Ecosystems. Customer Solutions Ecosystem Operations Ecosystem Technology Ecosystem People Ecosystem […]
Do You Know How To Take Advantage of the “Appreciative Inquiry” Approach for Organizational Management?
The problem solving approach to organizational design and management has a number of limitations. It focuses only on what’s wrong, identifying causes, brainstorming solutions, developing action plans, and not taking into account the areas that are working well. Problem solving focuses on the past and excludes possibilities for creativity. The approach is time consuming, costly; […]
Do You Realize the Value of Developing BeCoN (Behavior, Cognitive, Network) Capital in the Digital Age?
At the pinnacle of the Industrial Revolution, not many organizations realized the complex subtleties of the Financial Capital. The organizations that were able to develop innovative methodologies to administer their financial capital outsmarted the rivals by achieving a competitive edge. At the advent of the 20th century, two more forms of capital became known and […]
Organizational health matters more than we might expect. Top management teams that are serious about developing vibrant businesses must look inward and assess the organization’s health objectively. The most effective leadership behavior reflects the state of the company’s organizational health. Is our leadership behavior strong enough in ways that matters most in keeping our organization […]
Being Disrupted by Digital Natives? Empower Small Teams Using Agile Techniques to Remain Competitive
Digital natives are threatening the way traditional organizations do business. The dated authoritative structures and imposing mindsets of the executives of traditional companies are in stark contrast to today’s technology-savvy startups and digital-native companies. Traditional firms are running out of time to revisit their strategies and promptly transform in accordance with the rapidly evolving markets […]
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