Real wealth is when you are so expensive that no one can buy your character. Financial prosperity has become the focus of most people nowadays. Wealth is measured on the basis of tangible assets we possess. People consciously or not feel more challenged than any time before to seek better opportunities, a better salary or […]
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Should You Treat Employees As Resources?
Editor’s Note: Ganesh Rajagopalan is a seasoned management consultant and former investment banker. He is also a leading author on Flevy, having published numerous business frameworks on topics such as Strategy Development, Investment Analysis, and Value Chain Analysis. You can view all his materials here. * * * * A Google search on the meaning of […]
How Can We Dissect Our Corporate Culture?
Editor’s Note: Ganesh Rajagopalan is a seasoned management consultant and former investment banker. He is also a leading author on Flevy, having published numerous business frameworks on topics such as Strategy Development, Investment Analysis, and Value Chain Analysis. You can view all his materials here. * * * * Corporate Culture is incredibly impactful across […]
IQ, EQ, CQ Intelligence! What about (Dis)Ability Intelligence!
You may all have heard somehow about Intelligence Quotient (IQ), Emotional Intelligence (EQ), and Cultural Intelligence (CQ). Their importance in the work place has been proved since we are evolving in a more diverse and global environment. But what about (Dis)ability Intelligence? Today, the world is shrinking and changing drastically because of globalization. We are […]
The “Hard” Side of Change
When discussing Change Management, most Change professionals focus on the “soft” factors that influence the success of a change program. These include elements like vision, leadership, culture, employee motivation, top-down vs. participatory approach, etc. But, what about the “hard” factors? Hard factors are just as important, but often not considered by many Change Management experts. […]
Why Every Large Corporation Should Have a Librarian on Staff
As the director of a large corporation, what is your reaction when you are advised that you should have a librarian on staff? Most of us still conjure up the image of a spinsterly older woman with granny glasses halfway down her nose, and the ever-ready admonishment to “Hush, people are reading.” Actually, today’s librarian […]
The Best Ways to Mitigate Change Resistance
Organizations must deal with new government regulations, new products, growth, increased competition, technological developments, and a changing workforce—which all force change. Change is pervasive and inevitable to the growth and survival of an organization. To quote one of the most over-used quotes in business and Change Management (often inaccurately attributed to Charles Darwin): It is […]
Why People Can’t See the Future
It’s So Frustrating for Change Leaders! “Why can’t people see the future? It’s so obvious that we need to change–yet the people can’t see that there is a better way!” This is a cry I often hear from leaders and managers who are trying to implement change or improve things in their organisation. They complain […]
We’re Mindful–Why Isn’t our Organization?
Why the Interest in Mindfulness? The practice of mindfulness has been closely associated with improvements in mental health, physical health and overall well-being (1). These benefits have also been observed in the workplace, where ‘mindful’ individuals are reported to better cope with stress, have improved relationships and greater engagement with the organisation and its goals […]
How Do We Manage Strategic Change?
Let’s first define Strategic Change. A restructuring of an organization’s business or marketing plan that is typically performed in order to achieve an important objective. For example, a strategic change might include shifts in a corporation’s policies, target market, mission or organizational structure. — BusinessDictionary There’s no doubt that Strategic Change–or any change of such […]
Learn to Affect Customer Behavior Using the Theory of Planned Behavior
How can you change the behavior of your customers? Try the Theory of Planned Behavior. The Theory of Planned Behavior (TPB) is an established behavioral psychological theory that links beliefs and behavior. It was developed by Icek Ajzen in 1985 and since been applied to studies of the relations among beliefs, attitudes, behavioral intentions, and behaviors in various […]
7 Tips to Improve your Matrix Organization
You find a matrix organization in most companies. Especially the bigger ones. But putting a matrix structure to work can be quite a challenge. Yes, matrix organizations have been around for quite some time. And they can be a smart choice to put your strategy to work. But that doesn’t change the fact that most […]