Management Innovation
MIT Sloan Management Review ($) - May 11, 2021
Turbulent Times Demand Dynamic Rules
Circumstances can change rapidly in an uncertain world — organizational rules should be designed to change along with them.
BCG - Apr 30, 2021
Winning the ’20s in an Accelerated Post-COVID World
Companies often look to the decade ahead to ground their strategies in long-term shifts. After the COVID-19 crisis forced leaders to shift their attention to navigating critical short-term issues, many are now refocusing on the longer-term agenda for their businesses. In contrast to the global financial crisis, which seemingly slowed the long-term change agenda, COVID-19 has done exactly the opposite: long-term imperatives have been accelerated by the pandemic.
An exploration of what the author describes as the adaptive cycle in business. It outlines a process in which a business starts as a customer-centric entrepreneurial experiment and, if successful, matures over time into a competition to acquire resources from an internal bureaucracy! These mature corporations then either die or are engulfed by regenerative ecosystems – and the cycle starts again. I’m still pondering this framing and wondering if there isn’t something enduring here.
strategy+business - Apr 30, 2021
Forces of nature
Understanding how ecosystems grow, thrive, and regenerate can help leaders steer their organization in the future.
HBR.org ($) - Apr 30, 2021
How Leaders Get in the Way of Organizational Change
Despite the vast body of knowledge available to leaders on how to effect lasting, positive organizational change, too many executives continue reaching for the same comfortable levers that consistently miss the mark. Thus, the oft-cited failure rate of organization transformations continues hovering around 70%. If you’ve got a major change on the horizon, here’s how to avoid three of the most common saboteurs of company transformation.
HBR.org ($) - May 3, 2021
Break Down Change Management into Small Steps
New research from leaders at Infosys indicates that across a variety of industries, lasting, long-term change is most effective when it occurs over a series of smaller microchanges. The authors identify three strategies for successful microchange management: Deconstruct big change into small steps, change behavior through small modifications to habits and routines, and continuously measure, learn, and evolve.
Interesting article that starts by highlighting how the NBA champion Toronto Raptors used bench players to rest and preserve Kawhi Leonard throughout the 2020-2021 season. The authors use this analogy to talk about how corporations should leverage variable talent to preserve their best people. They suggest building a “virtual talent bench” of strong utility players/partners that can relieve the pressure at any given moment.
Fast Company ($) - Apr 28, 2021
Try this NBA strategy to help manage hybrid work
The author notes that at its core, load management is really about building a hybrid workforce, which is different from a hybrid workplace, where some people work in the office and others remotely. This distinction is key.
McKinsey & Company - Apr 22, 2021
How to launch a new business: Three approaches that work
Analysis of more than 200 corporate business builds shows what success looks like.
This podcast, and accompanying transcript, is a discussion of how to create a “learning culture” in your company. It begins with the simple challenge to “learn how to learn”, and then goes on to discuss topics of how to engage leaders, to align learning with strategy and future organizational capabilities, and to incorporate learning goals into performance reviews. As one might note from this curated feed, I’m a huge fan of maintaining a growth mindset (as an individual and as a company culture), and this podcast was a rich discussion on the topic. The episode ends by suggesting that resilience and adaptability be developed in employees, if not hired. I’d like to see that training!
McKinsey & Company - Apr 16, 2021
Building a learning culture that drives business forward
Too often, training programs fail. Here’s how businesses can create a learning culture and invest in the capabilities that will help individuals and organizations thrive.
McKinsey & Company - Apr 20, 2021
Majid Al Futtaim’s new growth formula: Innovate fast, stay ahead, work the ecosystem
This Dubai-based conglomerate outpaces competition by adhering to its long-term vision and seizing opportunities quickly—with the help of an ecosystem of external partners.
strategy+business ($) - Apr 20, 2021
The Four Fs of employee experience
These simple principles, based on the empathetic, iterative practice of design thinking, can help you help your people perform to their fullest potential.
Forbes ($) - Apr 20, 2021
Effective Time Management Starts With Leader’s Holding Themselves Accountable
Time management is a zero-sum game. Either you’ve used the time well or you’ve wasted it.
BCG just posted a three section report on the Most Innovative Companies 2021 with an accompanying interactive 15-year chart. I want to point you to the second section on The CEO Innovation Agenda. In this section, the authors point out five core capabilities to make innovation part of the corporate DNA. Though fairly intuitive, this list was so pertinent and so clear that I think its worth reading and posting as your desktop wallpaper!
BCG - Apr 15, 2021
The CEO Innovation Agenda
Although the particular emphasis varies by industry and by individual company readiness, we found five recurring topics that CEOs wrestle with as they work to embed innovation in their companies’ DNA and to scale up this critical capability
Medium ($) - Apr 12, 2021
Seven key elements for building a corporate innovation system — reflections on the first two years of De Beers Group IGNITE™
As all sectors grapple with the new reality brought by the Covid-19 pandemic, the natural tendency for businesses in times of crisis can often be to double-down, focus on core operational and profitability priorities while preserving cash, and ride the wave to a more ‘normal’ operating environment.
Do you ever wonder about the nature of the future of work? This article posits that people will be like free agents with skills and talents that can leveraged or lent out across the organization regardless of their department or reporting relationships. Leaders will be more like orchestrators of cross-boundary collaborations, and (I loved this part) they will constantly be evaluated with a Net Promoter Score asking “How likely are you to recommend us [the leader] to a colleague?” Interesting to think about such a future.
MIT Sloan Management Review ($) - Apr 8, 2021
Are You Ready to Lead Work Without Jobs?
We’re moving toward a system of work design that will profoundly change the roles of organizational leaders.
Medium ($) - Apr 3, 2021
Leverage The “C-Suite For A Day” Agile Retrospective
What if you were in a position to become a change-maker within your organization? The C-Suite Retro reveals you already are.
Great review of the activities that HR organizations can deploy/influence to drive better performance and better organizations. Really appreciated the emphasis on a more strategic HR function.
McKinsey & Company - Mar 12, 2021
The new possible: How HR can help build the organization of the future
The pandemic underscores the urgency for a more dynamic talent and work model. Human-resources leaders can help by focusing on identity, agility, and scalability.
The Decision Education Podcast - Jan 27, 2021
Base Rates and Bees with Michael Mauboussin
How might our decision-making improve if we ask ourselves, “What happened when other people were in this situation before?”
MIT Sloan Management Review ($) - Feb 10, 2021
Redesigning the Post-Pandemic Workplace
Work as we know it is forever changed by COVID-19. Now is the time for managers to envision the office that employees will return to.
Masters of Scale - Jan 18, 2021
Innovation = Managed Chaos
About this episode: Eric Schmidt, former CEO of Google, knows: An environment of free-flowing ideas plus disciplined decision-making can lead to breakthrough ideas. You just have to get comfortable with a little chaos.
CMR Website - Feb 1, 2021
Evolving a Value Chain to an Open Innovation Ecosystem: Cognitive Engagement of Stakeholders in Customizing Medical Implants
Optimal innovation strategies now involve a large variety of internal and external participants.
All Time Favorites
California Management Review ($) - Apr 1, 2008
McKinsey & Company - Apr 1, 2006
George Veth
This is a unique take on the mindsets and behaviors that prepare organizations to respond to change as it happens around them. The authors suggest that corporate “rules” be dynamic and evolve with the environment. They then outline how the healthy interplay between management and employees allows for this success.