business

Leading Cultural Change

  Is your organization currently going through (or recently undergone) a major cultural transformation? If so, you’re like more than half (56.8%) the organizations that participated in a survey by I4CP, a leading human capital research firm. On the one hand, I’m surprised to see the number that high. After all, transformational change is really…

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Seven Internet Trends that May Surprise You

Are you wondering where the Internet is headed these days? Consider the following trends (stats courtesy of www.staff.com): • China has more than twice the number of Internet users as the U.S. – 564 million vs. 244 million. • The Chinese website alibaba.com does more sales than amazon.com and eBay combined. • Facebook has more…

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Open Up and Say AHHHHHH: Time for a Midyear Check Up

Summer’s here and we’re almost at the midpoint of the calendar year. Which means the #1 question on every business leader’s mind should be: how are we doing on our journey to winning? To find out, it’s time – once again – to check in with the strategic plan to see where things stand. I…

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Big-Time Change Ahead for College Campuses

Last week I wrote about how disruptive innovation from mobile technologies is turning the banking industry upside down. Now it’s higher education’s turn. As a parent footing the bill for a college student, I say it’s about time! An article in the Wall Street Journal reports that since 1990, the cost of attending college has…

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Your Phone is Now Your Bank: Are You Ready for Disruptive Innovation?

Does your bank fit inside your cell phone? If not, it soon will. And if today’s banks don’t come to terms with this fact very soon (as in starting yesterday), they may no longer exist in 10 or even five years. How’s that for disruptive innovation? I just finished reading Bank 3.0 —Why Banking Is…

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Taking the Mystery Out of Innovation

Many people see innovation as a mystifying process that requires blinding flashes of creative insight to come up with new products that change the world. In reality, there’s nothing mysterious about it. As defined in the dictionary, innovation is simply “making changes in something established, especially by introducing new methods, ideas, or products.” Those blinding…

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The Third, Fourth and Fifth Most Powerful Words in Business

When was the last time you got stuck, I mean really stuck, on a problem in your organization? The kind where you not only couldn’t find a solution, but weren’t even sure why you were stuck in the first place. For example, you’re way behind your annual sales goal and no one seems to know…

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Time For a 1st Quarter Checkup

A lot can happen in three months. The Vatican can elect a pope from Argentina. We can now carry knives through airport security. And Dennis Rodman can become BFF (best friends forever) with Kim Jong Un of North Korea. Who in the world saw that last one coming? Which begs the question: if all this…

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March Madness: It’s Winning Time!

I’m not a huge basketball fan. But like millions of Americans, I follow the annual event know as March Madness, where 68 college hoops teams come together over the course of three weeks to determine a true national champion. And when March Madness rolls around, it means two things. One, workplace productivity throughout the land…

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Prepare to Be Disrupted

A few months back, I wrote about how the current cycle of tech disruption is significantly faster and broader than previous cycles. As a result, new products and technologies are causing us to re-imagine almost everything we do in business and in daily life. Well, prepare to be disrupted, starting with where you spend most…

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Time For An Education System Makeover

Education budgets at the national, state, and local levels have all taken huge hits over the past few years. And while we all want our schools to have sufficient funding to educate our children, more money is not the magic bullet solution for what our educational system needs. The truth is, our educational system is…

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Are You a Strategy 10-Percenter?

I recently came across a disheartening statistic (from an IBM white paper on planning and implementation) that says only 10 percent of organizations manage to successfully implement their strategies on a consistent basis. My first reaction was, “That can’t be right; that’s too low!” But the more I thought about it, the more it matches…

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