In 2015, Coca-Cola Enterprises Great Britain and Cranfield University collaborated to launch a project on ‘Sustainable Manufacturing for the Future.’ The first phase of the project was a roundtable discussion that led to six themes: People, Big Data, Technology, Collaboration, Value and Resilience. This phase is covered in Idea 652. Once the themes were identified, […]
Read More… from Sustainable Manufacturing Part 2: Five Pathways
Corporate social responsibility (CSR) represented a first step in recognizing that business had a societal role to play that extended beyond simply making a profit. Today, the thinking has evolved from the ‘doing good’ mindset of CSR to a ‘doing what is necessary’ mindset embodied in the concept of ‘sustainability.’ Sustainability — the ambition to […]
Read More… from Sustainable Manufacturing Part 1: People, Technology and Collaboration
In a white paper published by Kenan-Flagler Business School, Dan Bursch and Kip Kelly describe today’s workforce has decidedly multigenerational and comprised of five generations each with distinct general characteristics: Traditionalists (born pre-1946): traditionalists tend to have a strong work ethic that translates into stability and experience. Essentially they view of work as a privilege, […]
Leaders cannot succeed in isolation. By definition, leadership is about getting the best from other people throughout the organization. The cumulative improvement leaders can generate in their teams through successful coaching will have far more impact than any efforts as an individual. It is therefore vital to foster the best in your people by embedding […]
Read More… from Coaching Chemistry: Building a Collaborative Relationship
Family businesses are large contributors to the Indian economy, forming an integral part of Indian culture and society. They account for approximately 85% of business in the country, but have traditionally been plagued by concerns about their susceptibility to emotional decision-making, non-professionalism, governance issues, etc. Now, however, it seems that family businesses are gradually shedding […]
Read More… from Family Business in India: Meeting 21st Century Challenges
"47 per cent say their current high-potential talent pool does not meet their anticipated needs." The term ‘high-potential’ is often found in business literature referring to employees. What exactly differentiates one from other employees? According to this Idea, high-potential employees are those identified as having the latent talent, ability and aspiration necessary to hold successive leadership positions […]
The type and amount of information collected by organizations today is on a scale never seen before. This explosion in the volume of data received through sources such as social media feeds, customer service databases, etc., has created a new opportunity for businesses to compete by collecting and analysing this so called “big data.” And […]
By digitizing many business processes, organizations have begun to automate operations and how they interact with customers and suppliers. As a consequence, more and more aspects of our working lives are taking place in a virtual world—a world defined and shaped by “bits and bytes,” say James Petter (Vice President at EMC) and Joe Peppard […]
Read More… from Big Data = Big Opportunities: If the CEO Takes the Lead
In this White Paper, the author looks at how organizations can free up necessary resources to pursue their overall business strategies. Identifying the ‘waste’ and ‘complexity’ in a company can free up people and space needed to do so, calling this process becoming ‘Lean.’ As we Lean the business, says the author, enthusiasm is generated, […]
The importance and value of corporate sustainability has been acknowledged for quite some time now. More and more organizations are striving to introduce ‘green’ and policies into their strategic plans. Now, new research suggests that the secret to better sustainability performance lies in having more women on the board. In a study sponsored by KPMG […]
Read More… from Female Directors Create Corporate Sustainability
