As digital technologies revolutionize how we do business, companies increasingly compete through ecosystems in which they partner with a variety of other firms and organizations. The relationships with these partners are determined by the data and operating resources they provide. This article offers a four-part framework to help companies identify the types of partners they…
As multinational organizations expand into new, global markets, home-office leaders have an important decision to make: How much autonomy should they give their local teams? Based on more than 100 interviews with executives at corporations around the world, the author identified three key questions leaders should ask to determine the best approach to work with…
As you think ahead to what may be the “new normal,” now is a perfect opportunity to refresh what your organization stands for. It’s almost certain that your old mission, vision, and values don’t fully match today’s context. But how can a company seek to refresh its mission, vision, and values? First, start by asking…
As one of the most important administrative chores for businesses, appropriate payroll management has a direct influence on accomplishment, effectiveness, and durability.…
Gregory Hayes is CEO and chairman of Raytheon Technologies, and offers a unique view on what it means to be running an aerospace and defense giant at a time when the whole world is fixated on the war in Ukraine. The company’s Javelin and Stinger missiles have been key ingredients in the Ukrainian resistance to…
Does Your Organization’s Technology Support Your DEI Efforts? By Dave Shull Strange as it may seem, the workplace of five years ago had more in common with the workplace of a hundred years ago than it does with the workplace of today. For starters, formerly, almost everyone was at the office. And while the workplace…
Most of us would prefer to think long-term about our careers, rather than just veering randomly to snag perceived opportunities and avoid pitfalls. But how can you adopt a strategic lens when you might not be entirely sure where you want to end up? The author offers four strategies: 1) Start by figuring out what…
Everyone is exhausted. People are coping with collective grief and trauma on a global scale, which means leaders have to learn and exercise new skills. The authors share steps you can take to foster healthy coping mechanisms and discourage unhealthy ones; help ward off some of the typical mistakes that people make under pressure; and…
TECH AND health care have a fraught relationship. On January 3rd Elizabeth Holmes, founder of Theranos, a startup that once epitomised the promise of combining Silicon Valley’s dynamism with a stodgy health-care market, was convicted of lying to investors about the capabilities of her firm’s blood-testing technology. Yet look beyond Theranos, which began to implode…
In today’s business world, it’s more common than ever for employees to work remotely. While there are many benefits to this arrangement,…