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Leadership

How to use data to choose your next leader

Rather than relying on subjective opinion, use assessment tools to identify talent and eliminate bias.

A strong talent pool is critical for success, and diversity is key to unlocking performance. Yet diversity is still scarce at the top of the largest corporations.

Writing for MIT Sloan Management Review, Stacey Philpot and Kelly Monahan say this means you’re missing out.

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Management

How to conduct reviews effectively

Strategic and operational reviews often fail. 

Leaders spend three to five days per month being reviewed or reviewing someone else. But how useful are reviews? They typically take an hour or so, and half that time is wasted covering what’s already happened.

Writing in Ivey Business Journal, Himanshu Saxena explains why reviews often fail, and how to change your approach.

Strategy

Nadav Kander

Protect yourself from disruption

Traditional companies are not immune from the disruption associated with new technologies. To avoid disaster transform your core operations while growing into new business areas.

If you’re complacent, you leave yourself vulnerable to ‘industry compression’ – a form of slow but dangerous change that results in a prolonged decline in operating profits and revenues.

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Innovation

Elon Musk

Elon Musk: expert generalist

Elon Musk’s success is down to more than just hard work, the ability to visualise the future and a ‘never say die’ attitude.

Elon Musk is CEO and CTO of SpaceX, co-founder, CEO and chairman of Tesla Inc, co-founder of OpenAI and founder and CEO of Neuralink. He is worth US$15.3bn.

How has the 45-year-old entrepreneur achieved all of this in such a short space of time?

Entrepreneurship

Real leaders put creativity centre stage

It’s time to ditch outmoded management models in favour of embracing a leadership style that attracts, retains and encourages creative thinkers.

Exposed to the ever-present risk of digital disruption, organisations need new ideas as never before.

But if modern management is about attracting and retaining clever people, leadership methods must change.

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Marketing

How to win the marketing battle

Marketers must ditch “best practice” and avoid a predictable approach in order to differentiate their brand from the competition, writes Rory Sutherland for Raconteur.

Most businesses love rules. Follow the rules and you’ll be safe. 

This might work for the accounts department, argues Sutherland, but marketing is different. Successful marketers do not follow rules.

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