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State of the art management and leadership techniques are continually evolving. Technology has clearly paid a huge part in this, but the biggest driver of change in how organizations are run is the ceaseless quest for improvement; to manage more efficiently and effectively to better achieve business results.
And under Ghosn's leadership , Renault-Nissan has proactively embraced frugal engineering and become one of the world's leading producers of both electric cars as well as low-cost vehicles — two of the fastest growing and most promising market segments in the global automotive sector. Yet engineers and scientists love challenges.
With the pace of digital “always on” streaming devices and technology innovation accelerating, one might think technology would continue to pose a challenge for businesses. It’s a reality: Data is going to keep growing and technology options will follow the same trajectory. 13,500 sites, 20 TB, 15 seconds to render).
As I explain in my new book, Executive Presence: The Missing Link between Merit and Success , performance, hard work, and sponsors may get top talent recognized and promoted, but “leadership potential” alone isn’t enough to boost even the most qualified men and women into top jobs and prime opportunities.
This post first appeared in SmartBrief on Leadership : Here’s a question I often get from managers: “I have employees that don’t want to be developed. In today’s hypercompetitive, white-water, VUCA (volatility, uncertainty, complexity, and ambiguity) business environment, if you are not growing you are dying. Probably not.
Long before becoming CEO, in 2016, he was searching for new growth in the hypercompetitive travel reservations market, coming across a pair of small European startups with a business model opposite to Priceline’s in two key ways: Instead of taking an up-front 25% commission on a hotel reservation, the startups charged only 15% after check-out.
Good leadership certainly helps, but more often than not, the organization will revert to business as usual. All of this digital technology—be it apps, analytics, or social media tools—is tightly integrated to serve the customer via Nordstrom’s empowered employees.
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