In today’s workplace, driven by demographic changes and the evolution in our social attitudes, diversity competencies in managers and leaders are required. Such competencies are based on the following abilities: attitudinal (for example, adapting to other cultural norms, withholding judgment) skills (practicing appropriate etiquette, seeking local expertise). managerial (using culturally appropriate motivational tools) knowledge (following […]
Read More… from Diversity and Inclusion: Key Success Factors for Today’s Companies
Behind all human progress is the question: What’s Next? Asking “What’s Next?” led humankind from the invention of the wheel to the building of the pyramids, the establishment of common laws, the printing press, the founding of universities, coinage and commerce, steamboats, passenger trains, the light bulb, space travel and, most recently, the iPhone. But […]
Read More… from 4 Nextsensing Skills to See What the Future Holds
When Indiana passed its Religious Freedom Restoration Act (RFRA) in March of 2015, Apple CEO Tim Cook’s response was swift and unequivocal. “Apple is open for everyone. We are deeply disappointed in Indiana's new law,” he tweeted. While supporters insisted that the law was only intended to allow business owners and others to make decisions […]
Read More… from CEOs Can Galvanize Public Opinion-and Help Business
The ‘legitimacy’ of a company is based on whether outsiders consider that a company takes appropriate actions — and has the governance structures in place to ensure that it continues to take appropriate actions. One measure of legitimacy is the balance of power between the CEO and the board of directors. In general, investors and […]
Read More… from Reducing CEO Power Can Undermine a Company’s Legitimacy
Implementing change is never easy, but for a newly hired executive working with new people in a new culture, the challenge is even greater. Understanding the current culture of the company is an important first step. What are the norms, values and beliefs of the company? Who are its informal leaders? Dissecting the company’s organizational […]
Read More… from Ten Steps for New Executives: Understand the Culture before Implementing Change
Does a Chief Marketing Officer help a company, or is this position a ‘C’ that doesn’t earn its place in the C-suite? In 2008, an influential research study by Pravin Nath of the Drexel University (now at Oklahoma) and Vijay Mahajan of the University of Texas came to the conclusion that a CMO neither adds […]
Read More… from Why the Chief Marketing Officer Matters
The relation of appearance to success is no longer questioned. Various studies have shown that taller (for men) and more attractive (for both men and women) people reach higher levels of leadership, make more money, and are more respected by their peers than less attractive people. These and other measures of success, however, focus on […]
Read More… from How a CEO’s Attractiveness Can Boost Shareholder Value
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
Should a board hire a former or current CEO from another company to become the new CEO? In the past, companies tended to promote new CEOs from within, ensuring that the new chief executive had the vital firm-specific experience needed to succeed. Today, however, more boards tend to believe that someone who has successfully navigated […]
Read More… from Why Previous Experience of New CEOs Makes Matters Worse!
Research has shown the positive impact on transformational leadership on organizational outcomes. Other research has focused on character traits of effective and/or ethical leaders. A new study from Harvard University Kennedy School of Government and Clemson University explores the combination of both character and transformational leadership on organizational outcomes. The research centred on two issues. […]
Read More… from Does Character Add to the Success of Transformational Leadership?
