Recently, I was asked in an interview, why change was hard. I thought maybe this was a trick question: everybody knows that change is hard. Surely–it’s intuitive, as a leader, you can feel it in the pit of your stomach. However, seemingly, many are in denial about this, or they don’t pay enough attention to […]
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The Innovation Organization: How to Bring Intelligent Innovation to Life
The dynamics of Innovation Organization is the most important influencer of the company’s innovation performance. Management of Innovation–the ability to define and develop new products and services and deliver them to the market–is the fundamental source of Value Creation in companies. Innovation is inherently a highly cross-functional activity that, when it works well, creates a […]
Do You Know What Makes an Organization a Learning Organization?
In this era of rapid change only organizations that are evolving and continuously learning can succeed. Successful organizations discover how to tap their people’s commitment and capacity to learn at all levels. A Learning Organization is a place where people continually expand their capacity to create the results they truly desire, where new ideas and […]
Employee Engagement Surveys: Are They Legit?
Editor’s Note: The author, Dwight Mihalicz, is a subject expert matter on effective management and hosting a free webinar for Flevy’s audience on Empowerment 4.0. The focus of Empowerment 4.0 is to help managers of managers understand the elements that need to be in place for effective teams. Most management training focuses on the “soft skills,” whereas […]
Employees Quit Managers, not Companies (as Proved by Google)
Editor’s Note: The author, Dwight Mihalicz, is a subject expert matter on effective management and hosting a free webinar for Flevy’s audience on Empowerment 4.0. The focus of Empowerment 4.0 is to help managers of managers understand the elements that need to be in place for effective teams. Most management training focuses on the “soft skills,” whereas […]
Knowledge Management 101: A Practical Guide for Beginners and Practitioners
“Knowledge has power because it controls access to opportunity and advancement.” – Peter Drucker The 21st century is undoubtedly the century of knowledge. The everyday usage of available advanced information and business technologies, and internet in business activities just show how rampant corporations are engaged in information exchange and Knowledge Management. In the light of […]
Agile Activity Groups: Managing Agile Companies to Consistently Outpace Competitors
Big corporations, by nature, maneuver like battleships. Held back by their own inertia and current business strategies, turning quickly can be difficult when the competitive environment changes. Likewise, high performance as measured by shareholder returns is impossible to sustain over a long period of time. No company consistently beats the market. A recent in-depth study […]
How Do You Know When Your Employees Are “Actively Disengaged?”
Editor’s Note: The author, Dwight Mihalicz, is a subject expert matter on effective management and hosting a free webinar for Flevy’s audience on Empowerment 4.0. The focus of Empowerment 4.0 is to help managers of managers understand the elements that need to be in place for effective teams. Most management training focuses on the “soft skills,” whereas […]
Governance in Family Business: Putting the Pieces the RIGHT Way
Governance of Family Businesses must include the concerns of the numerous and diverse third generation. Establishing a set of Councils and Boards is essential in addressing critical transition issues. With a Governance Model, Family Businesses can address acute short-term challenges and prepare the business for subsequent generations. Starting the change process can be difficult. Ideally, […]
Do You Know the Root Cause to Poor Employee Engagement?
Editor’s Note: The author, Dwight Mihalicz, is a subject expert matter on effective management and hosting a free webinar for Flevy’s audience on Empowerment 4.0. The focus of Empowerment 4.0 is to help managers of managers understand the elements that need to be in place for effective teams. Most management training focuses on the “soft skills,” […]
The 21st Century Dilemma: Preparing the Next Generation for Succession
Family businesses did especially well in riding the rising tide. Family businesses were the particular beneficiaries of three decades of favorable global economics. Propelled by fast growth in the emerging world, the share of family businesses in the global Fortune 500 grew from 15% in 2005 to 19% in 2013. Five years ago, founders or […]
Using Measures to Get the Most out of Your Change Initiative
There are plenty of statistics indicating that a high number of change initiatives fail. Any organization can turn those statistics on their head by doing one thing; USING their measures. Not just creating them; using them. When you use measures the right way, you reinforce your change message through multiple avenues and in several ways, moving people through their […]
