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”.
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The perfect board is diverse, well-trained and highly skilled, says Dr Roger Barker of the Institute of Directors.
Writing in Management Today, Barker describes how to build a great board in eight easy steps.
For your company to thrive, you need each and every one of your employees to give their all. So how can you excite your workforce, fill them with enthusiasm and win their commitment?
Peter Economy, writing for Inc.com, reveals seven proven strategies for connecting with your employees:
You are failing in your role as a leader if just one of your employees feels undervalued, says Glenn Llopis, writing for Forbes.com.
The wrong words at the wrong time can bring a brainstorming session to a “screeching halt”, says Sam Harrison, writing for Fast Company. If you want to encourage innovative thinking, never use these seven sentences:
Chinese companies can teach the West responsiveness, flexibility, improvisation and speed, say Thomas Hout and David Michael, writing for the Harvard Business Review.
Are Millennials really so different at work from Generation Xers and Baby Boomers? Amy Gallo, writing for the HBR Blog Network, says not.
Comparing the research of two academics, Gallo concludes that most of the myths about young people in the workplace are untrue, and that managing Millennials isn’t so difficult.
Creating trust within a business culture is a key foundation of leadership success, observes Nick Bron for Leadership Review.
Employees need to trust their leaders and the decisions they make, and have faith that the organisation is being steered along the right path for all concerned.
Learn to use your emotions and you will be a better negotiator, writes Shirli Kopelman for the HBR Blog Network.
Many people fear acknowledging emotions at work, believing they only cloud judgement and impede reasoning. But, argues the author, your emotions can be an important negotiating tool, giving you energy and expression.
Marketing and IT will need to work better together if they want to generate big revenue from big data.
Big data necessitates a “marriage of convenience” between CMOs and CIOs – both of whom are responsible for turning this new resource into profit, explain Matt Ariker, Martin Harrysson and Jesko Perrey, writing for McKinsey Insights.
How do you find and keep the next generation of high performers? Lindsay Eney, writing for Smart CEO, talks to some industry insiders and discovers the best ways to attract and retain Millennials.
Organisational psychologists from Binghamton University School of Management have found that three unpleasant personality traits – narcissism, manipulation and psychopathy – can help leaders achieve better professional success, writes Minda Zetlin for Inc.com.
Five common mistakes could be damaging your career potential, writes Cheryl Lock for Fast Company via Learn Vest. Learn what they are and how to fix them.
Breakthroughs in human brain research show why some management practices work better than others, write Jesse Newton and Josh Davis for Strategy+Business. The authors use neuroscience to explain why the “pride building” method works so well.
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.
Asking the right questions can trigger change, opportunity and growth. But, writes Warren Berger for the HBR Blog Network, there are certain questions that leaders should never ask.
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.
Time management is one of the biggest challenges in the modern workplace. Many leaders complain of being short on time or are looking for ways to improve productivity.
With that in mind, Frances Booth, writing for Forbes.com, shares a long list of time management tips, including:
Adopting a new management practice could give your company competitive edge and boost performance. But, warns Julian Birkinshaw, writing for Harvard Business Review, leaders should beware the “next big thing”.
Think you want to be an entrepreneur? Lolly Daskal, writing for Inc.com, reveals what it’s really like to go it alone.
Daskal reveals eight facts about entrepreneurship that you really need to know:
1) You might fail. Almost 90% of startups fail within a few years. You might dream of being the next Amazon.com, but your chances are slim.
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.
Ron Ashkenas discusses the difficulty of communication on his HBR.org blog, observing that large organisations in particular struggle in this area.
Human beings are generally "pretty lousy" at estimating the time they will need to complete a task, says Heidi Grant Halvorson on Fast Company – and obviously that has implications for managers everywhere.