As many managers are now discovering, traditional management isn’t designed for a remote workforce. Instead, we need to make a rapid shift from centralized command-and-control structures into highly adaptive distributed networks.
As business leaders try to figure out how to stay afloat, it's important not to confuse scenario planning with business continuity planning. The two are not the same.
The unforeseen arrival of the coronavirus means that all the rules of business have suddenly changed. Preparing for eventualities that were once unthinkable demands radical innovation - and in that sense, at least, a crisis can be a gift.
How organisations behave towards their stakeholders - their staff, their customers and the communities within which they operate - during the coronavirus crisis will not be forgotten after the pandemic is over.
Suddenly finding yourself sitting at home leading a virtual team is a tough call, particularly with everything else that's going on in the world. So here are seven key behaviors that will make the task of virtual working much easier.
Thanks to the coronavirus pandemic, working from home is now the new normal. But for managers unused to remote team working , this will pose some serious challenges.
If you've never led a remote team and you're worried about how you might cope if the Coronavirus puts you in that position, fear not. For a competent team leader, the differences aren't as great as you might think.
Whether we like it or not, the digital revolution has completely rewritten the rules of how the world works. And even more disconcertingly for those who want to hold onto the old rules, this revolution is only just getting started.
Just 15 years ago, Swiss company Kuoni was one of Europe's best-known travel brands. But its failure to embrace the wave of digital disruption engulfing the travel industry proved to be a disastrous and irreversible mistake.
In the digital age, where consumers and brands are connected like never before, B2B retailers need to embrace new business models and pivot into platforms.
Healthcare systems are designed to leverage the individual intelligence of the physician. But that’s all about to change as digitization radically changes the basic rules about the entire healthcare model operates.
For firms rooted in the 20th century, survival in today's digitized business environment may be determined by how well and how fast their leaders can make the transition to leading horizontal networks.
One of the great ironies of the digital revolution is the environment of toxic tribalism that has been enabled by social media and the collective unconscious blindness it has brought with it.
The great promise of digital transformation, AI and collective intelligence to transform humanity for the better will only be achieved if we remember two fundamental foundational principles.
Human beings can be both blind to the obvious and blind to their blindness. So the great promise of Artificial Intelligence is that it can move us move beyond the limits of our human biases.
Two fundamental issues need to be addressed if we want to avoid digital transformation going wrong and turning into digital destruction.
How can a business succeed online when 'online' appears to be changing by the day? What do we need to do tomorrow? How much should we be spending? What if we get it wrong? The place to start is by developing a digital mindset.
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