By paying regular attention to your progress and direction.
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Do your corporate training programmes actually improve the performance of your company? Daniel Dowling, writing for Fast Company, argues that in-house career coaching is a much more effective approach.
To make employees want to learn and perform better, help them prioritise self-improvement as an essential part of their lifestyle – both within and outside work.
Could you give up being the main driver and discover a more productive role in the company you created?
There comes a time when this fundamental shift will be the best way to keep your business growing, says Jim Krampen, Seven Corners Inc co-founder and executive officer, writing for Entrepreneur.
Being singled out as a “future leader” and placed on the fast-track to the top of an organisation’s food chain does not always work out well for talented individuals.
The first step on the journey to overcoming the talent curse is to spot when it has taken hold.
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In the “Now Economy,” in which speed is king, companies must learn to think, move and respond faster without sacrificing service standards.
The success of Amazon Prime, Spotify and Uber, not to mention social media platforms such as Instagram, Snapchat and Twitter, suggests that modern consumers expect both communication and service to be as fast as possible.
The secret to staying the distance lies in your company’s ability to simultaneously exploit existing markets while exploring new ones.
When digital photography threatened celluloid film, Fujifilm managed this tricky balancing act while Kodak went bust.
Don’t leave your firm vulnerable to market disruption. Discover the the key to your firm’s long-term prosperity.
Most startups need an early course correction.
Facebook started out as a dating site. YouTube began with the same intention. Yet both evolved into something more ambitious – once they changed course.
Early “pivots” are not only normal, but they are also key to growth. Here are six of the best ways to pivot for profit.
Competitive advantage is shifting, say Thomas N. Hubbard, Paul Leinwand and Cesare Mainardi, writing for Strategy+Business. The new industry leaders are leaner and more focused than their predecessors. They are the “supercompetitors”.
Chinese companies can teach the West responsiveness, flexibility, improvisation and speed, say Thomas Hout and David Michael, writing for the Harvard Business Review.
Is it possible to invest in tomorrow without damaging performance today? Ken Favaro, writing for Strategy+Business, looks at short-term/long-term tension and how to get over it.
Weak markets are not a valid excuse for a company’s slow growth, write Kasturi Rangan and Evan Hirsh for Strategy+Business. With the right market proposition, you can achieve success, no matter what state your industry is in.
On Forbes.com, Chunka Mui highlights some lessons on managing in times of disruption.
The author observes: "One important insight is that, as bosses' responsibilities and compensation grow, they become ever more dependent on people and factors beyond their control.
How should you prepare if you’re going to be interviewed for an executive role? Early careerists get plenty of interview advice, but those at the top are left to their own devices, writes Jane Rankin for Management Today.
The author lists eight ways you can prepare for that all-important leadership role interview.
According to Lynn Russo Whylly, writing for ChiefExecutive.net, ignoring or missing a major consumer trend or behavioural shift can seriously damage a brand’s chances of survival.
Some big-name brands have endured by learning how to reinvent themselves, such as IBM, Apple and McDonald’s.
You have a good career that pays well, but you want to strike out on your own. Should you quit your day job to pursue your dream? Well, not just yet, advise Lolly Daskal, Leo Widrich and Elizabeth Gore, writing for Fast Company.
All entrepreneurs make at least one expensive mistake when setting up a new business, says Lorie A. Parch writing for Entrepreneur.com. It’s “the Murphy’s Law of startups”, she explains.
But some mistakes are so costly they can sink a cash-strapped new company. The author talks to entrepreneurs and experts about the most common startup errors.
Competing on the basis of low prices is commonplace. But price wars are more than just trying to get an edge, observes Patrick Reinmoeller, writing for MIT Sloan Management Review.
Understanding how consumers make purchasing decisions will help your company win more customers and beat the competition, says Niraj Dawar, writing for Strategy+Business. The author provides a four-step marketing strategy, and it starts with getting to know your consideration set.
Are you a tech-entrepreneur preparing for a launch? You might be eager to get your product off the ground, but Brandon Watts, writing for Entrepreneur.com, believes it’s important to slow down, take a deep breath and make sure you’re really ready to launch.
Writing for Strategy+Business, Eric J. McNulty discusses the importance of structuring your new company the right way. Drawing inspiration from Derek Lidow’s book Startup Leadership, McNulty offers the following tips:
Whatever kind of enterprise you’re launching, an online aspect of your business is essential nowadays. Even if you aren’t actually selling online, a web presence is a must for promoting your company.
As John Rampton points out, writing for Forbes.com, there’s more to going online than just building a website and a social media account.