A prospective client recently approached me about working with “Ted,” an operations leader at one of the company’s facilities. For years, Ted had been the target of a consistent stream of complaints from his team and their efforts to remove him. We discovered that the problem was that Ted would frequently give directives on how
CEO
Turning your Supply Chain Aha! into a Transformation Opportunity. The toilet paper shortage of 2020 had a silver lining for supply chain management. Seemingly overnight, individuals, households, teams and organizations comprehended the criticality of supply chain, validating its value. And, many organizations have used this as an aha! moment to assess, innovate and strengthen their
The last 12 months have been a time of immense uncertainty. The pandemic affected many jobs, uprooted career plans, and left people questioning their professional futures. Most of us, globally, were left wondering how to protect ourselves better and future proof our careers. Job displacements are, of course, nothing new. Industrial revolutions of the past
Scenario planning is not exclusively an enterprise organizational tool. It can be just as effective with high-level global issues like climate change and disease, or even smaller business units and functional issues within an organization. It is a strategic tool for problems, big and small. Strategy development and the identification and mitigation of related risks
Within the field of organizational studies, it seems well-settled that there is a difference between being a “manager” and a “leader.” Equally well-settled is the principle that some managers can and do evolve into leaders. But is there something beyond being a leader? Is there a general organizational role into which a leader can evolve?
The “water cooler talk,” a seemingly casual, friendly conversation with co-workers and managers that was much lamented after the past year of workplace shutdowns. Beyond connecting with coworkers on a personal level, these one-on-one conversations are deeply valuable in solidifying professional relationships by building collegiality with peers and managers, and investing in oneself by developing
I don’t know how many people are sick to death of working from home, but I know I am. Maybe that makes me an outlier. There’s just something I miss about the routine of taking the train into work, seeing the team all together. It’s ultimately nostalgia, the same way I might feel about the
In the current environment of economic growth, executives are increasingly looking towards M&A transactions as an efficient and effective means of expanding into new markets with growing revenue streams, accelerating digital transformation, and expanding overall capabilities. Yet as seen in many high-profile transactions, even when the stakes are highest, acquisitions can also lead to major
Family is emotions, business is economics and they are inseparable in a family business. Traditionally speaking, a family-owned business is defined as one with two or more family members involved in the ownership and control, participating in building the world economy. The senior management is likely to be headed by a CEO or in decision
Northwestern Mutual is unapologetically trying to return office life to its pre-pandemic norm in large part because CEO John Schlifske believes the strategy will give the financial-services titan a competitive edge in an industry that is enjoying a robust post-pandemic surge. He also thinks getting almost all NM staffers back to work together physically is
In business and life, we often find ourselves at a crossroads or an intersection, if you will. Imagine you’re sitting in your car, and the light is red. Once it turns green, you can’t just sit there. Throwing it in reverse (or making a U-turn) is not typically a good option, so you are forced
The global pandemic catalyzed enduring change in how work gets done and the roles business leaders are now expected to take. Even before the 2020 lockdown, CEOs found themselves whipsawed by rising pressures to lead their companies through change, and shorter time frames to do it in. In 2019, two out of five new CEOs
As greater numbers of Americans receive the vaccine for the coronavirus, more offices are opening up at least on a temporary basis. Few companies are back in the office at 2019 levels, and most do not anticipate ever getting back to that level. For those companies that are choosing a hybrid approach, however, they have
Too many times, the emphasis placed on Diversity, Inclusion and Tolerance Programs, or DI&T Programs, relate primarily to issues of minorities, such as race and religion. Instantly, this makes many people think, “OK, so this program is really not about me” or “OK, this is just another program for the minorities” and so on. The
A CEO change is always an exciting moment for all parties involved. Boards invest immense time and resources to find the next CEO for the firm. Stakeholders, inside and outside of the firm, are on their toes, as they try to anticipate where the new leader will take the organization. And last but not least,
In 2017, Wynne Nowland had to do something few CEOs have ever had to do: come out as transgender and let her staff know she’d be living and working as a woman from now on. But when she tells the story today, Nowland, who spent roughly 30 years at Bradley & Parker before taking the
Women’s issues aren’t just for women, they are issues for business, for men and for society, yet the minute they are framed as ‘women’s issues’ or even the more neutral ‘gender’ issues, there is a tendency for whole swathes of people, mostly men, to disengage. They think it’s all over Many men seem to think
A great sense of optimism is diffuse between CFOs across Europe according to Deloitte’s thirteenth edition of the “European CFO Survey: Spring 2021“. More specifically, in every country and sector surveyed more CFOs feel more optimistic about their company’s financial prospects giving a positive net balance that is at its highest level since the beginning
There has been intense activity in recent months worldwide in the venture capital market both in value and number of transactions. Analysts estimate that this trend will continue due to the favorable investment climate as shaped by the implementation of strong government programs for the recovery from the Covid-19 pandemic, by the excess in financial
For small to mid-size businesses, knowing what you need to remain secure and setting a resilient plan in place is half the battle. With the average cost of a security breach nearing $4 million, organizations need to detect threats early. Threat monitoring, detection and response (MDR) services offer businesses a turnkey security response. Combined with
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