It Is Not Always Possible To Learn From Failure In An Organization Because Some Are Unavoidable And Some May Even Be Beneficial

Many executives believe that all failure is bad (although it usually provides lessons) and that learning from it is pretty straightforward. The author, a professor at Harvard Business School, thinks both beliefs are misguided. In organizational life, she says, some failures are inevitable and some are even good. And successful

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How To Adapt Your Sales Organization To The Digital Age: Utilize Technology, Data, And Analytics To Achieve Success

Companies can reap great benefits from digitalizing their sales organizations – that is, using technology, data, and analytics to improve the sales process. Done well, digitalization increases customer engagement, boosts the skills and performance of salespeople, and supports a more customer-focused business model. But digitalization initiatives are often plagued by

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Construction Of An Ethical Organization: A Framework For Helping Workers Build Moral Character 

Just as people can develop skills and abilities over time, they can learn to be more or less ethical. Yet many organizations limit ethics training to the onboarding process. If they do address it thereafter, it may be only by establishing codes of conduct or whistleblower hotlines. Such steps may

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Expansion Of Artificial Intelligence Across The Life Sciences Organization – From R&D To Manufacturing, Supply Chain, And Commercial Functions

The COVID-19 pandemic has increased the focus on the use of artificial intelligence (AI) across the life sciences organization, from R&D to manufacturing, supply chain, and commercial functions. During the pandemic, company leadership and management realized that they could run many aspects of their business remotely and with digital solutions.

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The Essence Of Digital Transformation Is To Become A Data-Driven Organization, Ensuring That Key Decisions, Actions, And Processes Are Strongly Influenced By Data-Driven Insights

It’s problematic when companies decide to embark on a digital transformation agenda without having a clear definition, let alone vision, for what it means. The fundamental meaning of transformation is not about replacing old technologies with new ones, or capturing high volumes of data, or hiring an army of data

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Datagraphs: Organization Must Upgrade Their Data Architecture To Enable A Real-Time, Comprehensive View Of Consumer Interaction With Their Products And Services To Solve Problems

We’ve all seen the signs in front of McDonald’s announcing “Over X Billion Served” and have watched the number rise over the years. But tracking how many burgers are sold every day, month, or year is a relic of the past. Today ask: Do we know where each consumer buys

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How The Organization Works To Defend Against Phishing Attacks?

Ryan Wright and Matthew Jensen have phished thousands of people over the past decade, and they’re not planning to let up anytime soon. The two aren’t hackers angling for valuable data or funds; they’re researchers working with companies, governments, and universities around the world to understand why we so often

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Downturn: A Time To Spread Some Confidence In Your Organization

With each passing day, there’s more news that the economy is weakening. Factory orders go down. Consumer spending decreases. The sub-prime shakeout continues. Inflation raises its ugly head. It is enough to make any manager shudder, but take a deep breath. Times are tough, but our economy has weathered crises

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Computational Leadership Science (CLS): The Role Of CLS In Your Organization And How It Creates Business Value For You Organization

Courageous leaders move past their insecurities regarding emerging technologies, unfamiliar jargon in the boardroom, or modifications to their leadership style. They adopt an opportunity-oriented mindset by understanding how CLS boosts their performance. This does not mean you have to code in Python, but you must at least dip your toe

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Organization’s Key to Growth: Define, Design, And Deliver Purpose-Led Experiences To Your Consumer

Growth strategies that are purpose-led, customer-centric, experience-driven, data/AI-enabled, and technology-scaled require new mindsets far more than new toolsets or skillsets. This transformation – of culture, operations, and outcomes – begins with a broader consideration of three levels of customer purpose. First, big-P purpose describes the company’s role in the world.

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Is Your Organization Is Ready For What’s Next In Marketing?

Marketing has never been more complex. Sweeping advances in technology have revolutionized and fragmented the discipline, while societal issues such as the Covid-19 pandemic, the Black Lives Matter movement, and the climate crisis have raised expectations for marketers’ social performance. This combination of diverse forces has transformed how the marketing

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