Intuitively, respectful relationships and creativity are assets of a successful company. Respectful relationships lead to more effective collaboration, while creativity leads to new, competitive ideas. Business leaders might not realize, however, the link between these two attributes. Researchers from Tel Aviv University and the University of Michigan’s Ross School of Business have shown, through a […]
Read More… from How Creativity Starts With Respectful Engagement
The digital age creates a wide range of new opportunities for innovation. Examples include new marketing outlets through social media; ‘big data’ information on customers and the market; mobile devices that connect companies to customers 24/7; and apps that redefine business models. However, not all C-suite executives have a digital mindset. As a result, innovation […]
Read More… from CIOs: Coach and Communicate with C-suite for Digital Innovation
To make decisions, leaders must understand, to use the vernacular, ‘what is happening’. They must make sense of the events and situations that impact their areas of responsibility; this sense-making not only involves the past and present, but also the future: what is likely to happen. In July of 2005, an innocent man commuting to […]
Read More… from Bad Framing Leads to Bad Decisions and Bad (Even Fatal) Actions
Collaboration, either formal or discretionary (informally approaching others for guidance, information or assistance), is considered a virtue in today’s workplace. The advantages of collaboration are many, ranging from creativity and knowledge sharing, to teamwork, employee engagement and improved long-term results. However, an in-depth study of the interaction of physicians and health care personnel in one […]
Read More… from The Overlooked Productivity Costs of Collaboration
CEOs are responsible for knowing what is going on in their companies. No matter how large, complex or global the organization, CEOs do not have the luxury of pleading ignorance; it is their job to keep abreast of all the important facts and developments: what their employees and competitors are doing, what big new ideas […]
Read More… from Ensure the CEO Gets the Right Information at the Right Time
Uncertainty — such as a coming organizational restructuring, a new CEO brought in to turn around the company, a competitor’s new product or new technology that could derail the company’s market position, an impending sale or merger — can represent a threat or an opportunity. The immediate response to uncertainty usually involves 1) finding more […]
Read More… from Who We Call and Why in Uncertain Situations
A new survey from Stanford University’s Rock Center for Corporate Governance on how investors use information from corporate proxy statements reveals deep dissatisfaction with corporate disclosure about executive compensation. The survey, based on responses from 64 asset managers responsible for a combined $17 trillion — show that even the largest and most sophisticated investors find the […]
Read More… from Investors Complain Proxy Statements Unclear on Executive Pay
As team members work on various (team) tasks and project, conflicts can arise over issues such as, for example, how the work should be done, or the best way to achieve results. While solutions can emerge from productive give-and-take, task-related conflicts tend to slide into personal relationship conflicts. This occurs for several reasons. Often, work criticisms […]
Read More… from How to Avoid Task Conflicts Damaging Team Relationships
Conventional wisdom has it that diversity helps creativity, in that people in homogenous groups are similar to one another with similar ideas and therefore less divergent thinking occurs. Also most research into group creativity assumes that creativity is unleashed by removing conventional constraints. This research, from Professor Jennifer Chatman of the UC Berkeley Haas School […]
Read More… from How Political Correctness Increases Creativity in Mixed-Sex Teams
There is no doubt that social media has improved both internal and external corporate communication, especially for multinational companies. Social media has, for example, enabled corporations to increase opportunities for two-way communication with their customers at a low cost. However, customers using social media communicate in their own language, which means that a social media […]
Read More… from The Language Challenge for Social Media in Multinationals