Favorite Articles for Week Ending June 17

Management Innovation
novel principles, processes, and practices that alter both the system and the way that organizations perform work

In the classic struggle to foster corporate innovation, we are faced with the need to both exploit our current business model (or products, etc…) as well as to explore new paradigms. However, it is hard to do both well within the same wine skin! Therefore, we seek ways to create skunkworks projects. This article suggests that an innovation hub is the way to make innovation a permanent and recurring part of your business ecosystem. It goes on to share the advantages of doing so while citing well known examples of such hubs.

Strategic Clarity
articulates long term priorities as well as current strategies throughout the company

Appreciated this article and its focus on how intangibles are being purposely harnessed to develop core capabilities that differentiate a business for its customers. Those companies investing more in intangibles (innovation capital, digital and analytics capital, human and relational capital, and brand capital) are growing faster than those that do not. What intangibles is your business focused on developing?

Cultural Cohesion
creates a foundation of values, norms, and behaviors that bind together your team and your decision-making

I thought this short post was a nice twist on how both good strategy + good culture influence performance! The article asks a catchy question (the title), and then, it walks through a handful of things (strategic and cultural) that need to be in place to help employees to focus on and engage in what’s important.

Prepared Minds
ensures that information and context are provided to employees, so they are equipped to take initiative in their roles

This is a simple read on identifying and mapping the strategic skills needed in your business against the scarcity of supply of those same skills in the external market. By gaining this awareness, you can plan accordingly. It’s not brilliance, but it is a key to strategy execution!

Resource Fluidity
mobilizes people and dollars across a portfolio of ongoing and emergent initiatives

Here is an article about getting your corporation’s head up to sense the environment, so you can iteratively detect, discuss, & align around a set of commonly held assumptions about the future. I love all articles that challenge teams to understand one another and to share understanding transparently.

Enabling Technology
leverages the latest software and devices to support the themes of management innovation

I may be the last to grow tired of “digital twinning”. This is the ability to construct a digital double of a physical or business environment, so you can model and run scenarios to create designs and/or improvements to systems. The technology is here. This article talks about the use of this approach in various aspects of city planning.

Curated News on Strategy Execution

Finding the Right Fit

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Finding the Right Fit

There are many factors that play a role in finding the best fit for your cross-boundary coalition. How are you selecting your team members?

adaptable - Jun 17, 2021

“Weekly Picks” (June 17th)

These are adaptable’s favorite few articles on Strategy Execution for the week ending June 17th. Enjoy!

Go To Post By adaptable
Source Photo: adaptable

George Veth

I may be the last to grow tired of “digital twinning”. This is the ability to construct a digital double of a physical or business environment, so you can model and run scenarios to create designs and/or improvements to systems. The technology is here. This article talks about the use of this approach in various aspects of city planning.

Fast Company ($) - Jun 17, 2021

These immersive, virtual 3D models are helping plan the infrastructure of the future

‘Digital twins’ of spaces like ports, roads, and train stations let planners experiment with changes before implementing them in real life.

Read Article By Ian Koeppel
Source Photo: [Images: cherezoff/iStock, sgame/iStock]

George Veth

I thought this short post was a nice twist on how both good strategy + good culture influence performance! The article asks a catchy question (the title), and then, it walks through a handful of things (strategic and cultural) that need to be in place to help employees to focus on and engage in what’s important.

Dr Richard Shrapnel PhD ($) - Jun 16, 2021

Can Your Business Concentrate?

The effectiveness of your business rests in its ability to concentrate. That ability to focus on what is most important is vital if your business is to outcompete others in its marketplace.

Read Article By Dr Richard Shrapnel PhD
Source Photo: Photography by Tong-Nguyen-Van-Bu on Unsplash.com

Fast Company ($) - Jun 11, 2021

Companies fire employees for these personality traits, but maybe they should be getting bonuses

The founders of Motto say that the most innovative workers approach problems and solutions with blinding originality despite all their quirks and sharp elbows.

Read Article By Sunny Bonnell and Ashleigh Hansberger
Source Photo: [Photo: Dim Hou/Unsplash]

Fast Company ($) - Jun 14, 2021

A growth mindset doesn’t improve productivity, but this does

A new study finds that grit is a better predictor of performance success than talent or mindset. It helps you find your flow, too.

Read Article By Nick Wolny
Source Photo: [Source photos: Daniel Olah/Unsplash; Clique Images/Unsplash]

George Veth

This is a simple read on identifying and mapping the strategic skills needed in your business against the scarcity of supply of those same skills in the external market. By gaining this awareness, you can plan accordingly. It’s not brilliance, but it is a key to strategy execution!

IBM Data and AI ($) - Jun 17, 2021

Understanding Skills Scarcity in An External Market — Part 1

What is Skills Scarcity? How to measure it? Where to use it?

Read Article By Ying Li
Source Photo: Image credit: pixabay

George Veth

Here is an article about getting your corporation’s head up to sense the environment, so you can iteratively detect, discuss, & align around a set of commonly held assumptions about the future. I love all articles that challenge teams to understand one another and to share understanding transparently.

Futurealities Limited ($) - Jun 15, 2021

Incorporating ‘Futures‘ Foresight Into The Process Of Strategic Planning

In the authors’ experience a fact of corporate life is that management all too often ignores future uncertainty. And, even if vaguely uncomfortable with this situation, it is unfamiliar with, or even skeptical about, ways to address it. Yet paradoxically the increasing pace of change on many dimensions makes this an ever more critical issue for effective strategic planning.

Read Article By G. Woodling and W. Jones

Harvard Business Review ($) - Jun 15, 2021

Figure Out the Right Hybrid Work Strategy for Your Company

As leaders grapple with how to return their teams to the office, they face an additional challenge when discussing hybridity: What they think is a single discussion is in fact three different discussions in disguise, each with different objectives. It’s a bit like trying to declare a winner among three teams that are each playing a different sport.

Read Article By Mark Mortensen
Source Photo: HBR Staff/ALAMA/fcafotodigital/Getty Images

Harvard Business Review ($) - Jun 15, 2021

IKEA Navigates the Future While Staying True to Its Culture

How should IKEA adapt to big internal and external changes, while staying true to its core values?

Read Article By Juan Alcacer and Cynthia Montgomery

MIT Sloan Management Review ($) - Jun 11, 2021

Digital Transformation After the Pandemic

Organizations should challenge their pre-pandemic assumptions about conducting business digitally.

Read Article By George Westerman and Paul Michelman

George Veth

Appreciated this article and its focus on how intangibles are being purposely harnessed to develop core capabilities that differentiate a business for its customers. Those companies investing more in intangibles (innovation capital, digital and analytics capital, human and relational capital, and brand capital) are growing faster than those that do not. What intangibles is your business focused on developing?

McKinsey & Company - Jun 16, 2021

Getting tangible about intangibles: The future of growth and productivity?

Companies that master the deployment of intangibles investment will be well positioned to outperform their peers.

Read Article By Eric Hazan, Sven Smit, Jonathan Woetzel, Biljana Cvetanovski, Mekala Krishnan, Brian Gregg, Jesko Perrey, and Klemens Hjartar

George Veth

In the classic struggle to foster corporate innovation, we are faced with the need to both exploit our current business model (or products, etc…) as well as to explore new paradigms. However, it is hard to do both well within the same wine skin! Therefore, we seek ways to create skunkworks projects. This article suggests that an innovation hub is the way to make innovation a permanent and recurring part of your business ecosystem. It goes on to share the advantages of doing so while citing well known examples of such hubs.

YBF Ventures ($) - Jun 16, 2021

What comes next? The Resurgence of Innovation Hubs for Business & Industry

What can you do today that you couldn’t do a year ago?

Read Article By YBF Ventures
Valued and Disvalued Effects of Organizations

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Valued and Disvalued Effects of Organizations

Public Value theory can be used to see the effects of your organization on its environment, including how it contributes to systems of welfare and justice.

Fast Company ($) - Jun 11, 2021

How permissionless organization design gives your company an advantage

In a time of exponential growth in technology, we need to rethink the org.

Read Article By Michael Sikorsky
Source Photo: [Source photo: Jack Carter/Unsplash]

adaptable - Jun 10, 2021

“Weekly Picks” (June 10th)

These are adaptable’s favorite few articles on Strategy Execution for the week ending June 10th. Enjoy!

Go To Post By adaptable
Source Photo: adaptable

Todd Metrokin ($) - Jun 9, 2021

A new way to understand and upskill creative thinking

One beautiful yet sometimes frustrating truth is that not all creative thinking is the same… or in the same league. Why are some people able to connect dots into a breakthrough insight, or develop a jaw-dropping concept for a problem we had yet to define?

Read Article By Todd Metrokin

Harvard Business Review ($) - Jun 9, 2021

Employees Are Lonelier Than Ever. Here’s How Employers Can Help.

Loneliness comes with many negative side effects, and rates of loneliness at work have risen thanks to the pandemic. While increasing face-to-face interaction may be beneficial for some aspects of work, it’s not enough to create strong interpersonal bonds among colleagues. Whatever form the return to the workplace takes, building high-quality connections will require a focused set of structures and practices built on a bedrock of psychological safety.

Read Article By Constance Noonan Hadley
Source Photo: Mint Images/Getty Images

MIT Sloan Management Review ($) - Jun 8, 2021

Fighting Backlash to Racial Equity Efforts

Understanding the real reasons why diversity initiatives provoke opposition can help you lead employees through cultural transformation.

Read Article By Rosalind M. Chow, L. Taylor Phillips, Brian S. Lowery, and Miguel M. Unzueta
Source Photo: Image courtesy of Curt Merlo/theispot.com

George Veth

Very interesting article about the different approaches to leverage the merits of cloud computing. It’s amazing to see how quickly companies can respond to a changing environment with the plug-and-play use of cloud applications. The article explores four approaches to cloud architecture – each delivering different benefits and constraints. I appreciated the nuance of the comparison, as I had never thought through it at this level of detail.

Deloitte. - Jun 3, 2021

A new framing for cloud innovation

Four potential scenarios for the future of cloud innovation strategy

Read Article By Lars Cromley, Diana Kearns-Manolatos, David Linthicum, and Mike Bechtel
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