Expanding into new markets presents lucrative opportunities, as well as risks. Potential threats in new territories include corporate corruption, malpractices, and fraud, which most firms have to face. Corruption and fraud cover a wide array of situations, but it is the unobtrusive yet more prevalent forms of fraud and corruption that create the biggest risks […]
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Do You Have What It Takes to Be an Effective Leader?
Leadership is the single most important human capital issue that organizations face. In fact, in today’s 21st century business, leadership has become a vital element for companies striving to achieve global competitiveness. However, while Leadership can build a team, a department, or an organization, it can also “un-build” or destroy them. A big responsibility has […]
Building Blocks of Behavioral Strategy: How to De-Bias Your Decision Making Process
While making critical decisions, not many strategists are conscious of the impact that cognitive biases have on business decisions. These biases are part of human behavior, and can be referred to as “systematic human tendencies to deviate from rational calculations.” In strategic decision making, leaders need to recognize their own biases, as these biases influence […]
How Do You Establish a Strategic Management Office (SMO)?
Executing strategy the right way is not everyone’s business. The reported failure rates for strategy execution stand at 60% to 90%. A study of large organizations in eight industrialized countries by Bain and Company revealed that seven out of eight companies failed to achieve profitable growth from 1988 to 1998, and very few achieved their […]
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 […]
Understanding Board Governance: How to Optimize the Strategic Potential of the Board
Board Governance is frequently discussed and often misunderstood. Yet, companies must have a good handle about Board Governance. The Board plays a critical role in the success of the company. They set the strategic direction that companies must take. However, companies must understand that the Board’s role is grounded in its governing role. Great Boards […]
Are you Ready to be an Agile Manager?
An Agile Manager provides the basic framework for organizations to cope with today’s volatile customer driver marketplace. Being agile is being able to master continuous change. An organization can be agile. But it needs to have a dynamic Agile Manager. Today’s critical times call for traditional managers to take on an agile mindset. Traditional manager […]
Conquering Competition by Storm: Master the 6 Core Skills of the Social Leader
Social Media has taken business with a strong hand of thunder. Companies are now recognizing Social Media as a disruptive force that gathers strength rather than attenuate. In fact, having a good grasp of Organizational Social Media Literacy has become a company’s source of competitive advantage. Social Media literacy is not yet an element of leadership […]
Time Management 101: Core Principles of Executive Time Management
Time Management is a critical capability for individuals as well as senior leaders. Leaders are often under pressure to allocate adequate time on strategic priorities. There isn’t a one-size-fits-all formula designed for appropriate time management that works for all executives. However, research on the practices utilized by the leaders effectively managing their time reveals that […]
What Type of POOR Time Manager Are You?
What do you think are the symptoms of Poor Time Management? Time management is a challenge for almost every individual. Executives have been found to be complaining more about the scarcity of time. The advent of 24/7 communications, increasing sophistication, intense rivalry, and financial insecurities have complicated the situation for the executives. Overloaded executives are […]
Is Time Management Just a Myth?
Time Management is essentially important in the workplace. Without Time Management, deadlines are missed, reports are not submitted, important meetings are forgotten, and many more. In the end, we are faced with a chaotic long list of activities and deadlines with not one being completed or done. When companies and their people are in this […]
What’s the Toughest Issue with Talent Management?
Do you know what’s the toughest issue with Talent Management? A large majority of leaders confront significant impediments trying to bring their talent and business priorities in line. Are you one of them? The typical approach employed to accomplish this often contains several gaps—starting with recognizing critical roles in the company where leaders tend to fail […]
