Studies on Team Motivation and Building Effective Teams stem from the research carried out in Psychology and Sociology. Wilhelm Wundt (1832-1920), the Founder of Modern Psychology, is credited with conducting the 1st research on the subject. The Social Psychologist Kurt Lewin (1890-1947) is credited with introducing the term “Group Dynamics.” The term defined the constructive […]
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Strategic Cost Reduction: Good vs. Bad Costs
Disruption is creating opportunities for some businesses and threats for the others. As a matter of fact, it was considered one the most significant concerns by the CEOs in a PwC 2016 global survey. A significant percentage (70%) of the leaders in the survey were planning to implement a cost reduction initiative, owing to low […]
Managerial Grid Model
One leadership style does not work in all situations. A variety of management and leadership styles exist for people in leadership roles, but each individual utilizes a unique style to get work done. Successful leaders need to understand the pros and cons of various leadership approaches, their impact on the people they command, and the […]
Secrets to Becoming a Global Leader: The Art and Science of Key Performance Indicator (KPI) Strategies
“Selecting the right measure and measuring things right are both art and science. And KPIs influence management behavior as well as business culture.” ― Pearl Zhu, CIO Master: Unleash the Digital Potential of It The 2018 Strategic Measurement Global Executive Study and Research Report showed that business leaders worldwide are struggling to strike a workable balance between […]
Challenge Day 21: The Power of Habits
Editor’s note: This is part of 30-day challenge series written by Hanane Anouna. You can follow along and read the full series here. * * * * Have you ever struggled with forming a new habit or keeping your own habits? How many times you tried to go on diet and you gave up after few […]
Challenge Day 20: How to Find Your IKIGAI
Editor’s note: This is part of 30-day challenge series written by Hanane Anouna. You can follow along and read the full series here. * * * * What are you good at? What do you love? What does the world need? What can you be paid for? Answering these questions will help you find your Ikigai. […]
GE-McKinsey Matrix: A Strategic Business Portfolio & Investment Analysis Tool
A problem that executives often face is finding a tool to identify where and how to compete, identify profitable markets, evaluate investment options, and price their products rightly. GE-McKinsey Matrix is one such strategic planning tool that helps the executives make investment decisions and manage their product portfolio based on sound analysis. Outlined by McKinsey […]
Challenge Day 19: 4 Keys to Build Your Inner Wealth
Editor’s note: This is part of 30-day challenge series written by Hanane Anouna. You can follow along and read the full series here. * * * * “The goal is not to get rich. The goal is to live rich. ” I posted this quote yesterday and one of the comments was “I think to get […]
Achieving Success in Post-merger Integration (PMI): The Top 10 Tips Every Organization Must Know
When organizations go through a Post-merger Integration, often management realizes that it is never a simple undertaking. It is a highly complex process. Swift action is required as well as being able to run the core business activities simultaneously. There is no one-size-fits-all approach to a successful PMI Process. However, to maximize deal value, there […]
How Do the Subject Matter Experts (Porter, Mintzberg, & More) Define Strategy?
Strategy is about the methods used to attain goals. It’s the “how” of achieving goals—desired future conditions and circumstances towards which effort and resources are spent until their achievement. If Strategy has any meaning at all, it is in relation to some aim or end in view. Strategy is 1 of the 4 dimensions of […]
Challenge Day 18: Top Ten of Soft Skills
Editor’s note: This is part of 30-day challenge series written by Hanane Anouna. You can follow along and read the full series here. * * * * “Have you ever heard about soft skills before?” I always start with this question when teaching soft skills for the first time. One day, one of my students responded […]
Challenge Day 17: Find Out about Your Uniqueness
Editor’s note: This is part of 30-day challenge series written by Hanane Anouna. You can follow along and read the full series here. * * * * Your values will give you direction and your strengths will empower you to accomplish your goals. Being aware of your strengths and your weaknesses don’t concern only candidates who need to prepare for […]