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OXYMORON …Great leaders are not politically correct, but they are politically savvy – there is a difference. Putting political agendas and peer pressure aside (as great leaders do), leaders should not make their choices based upon public opinion. Their responsibility is to be correct; not politically correct.
The selection and appointment of the president shape the university’s strategic direction and operational realities for years to come, regardless of how many years they serve in the role. Operational realities, on the other hand, pertain to the practical aspects of running an organization of any size.
Engaged for a defined period, they lead specific initiatives, manage transitions, or stabilize operations during times of change. Effective Change Agents: Interim executives can implement necessary changes more effectively, as they are less influenced by internal politics or resistant corporate cultures.
Understanding the Evolving Role of a Chief Operating Officer In the ever-evolving world of business, the role of a Chief Operating Officer (COO) is undergoing numerous transformations. Their role expands beyond mere efficient operations, reaching into complex problem-solving, organizational design, and corporate transformation.
There is friction between globalization and regional autonomy, a conflict between the desire for sustainability and the lure of rapid development, ongoing political uncertainties, and the ever-increasing impact of digital technology. Yet, the rapid pace of technological evolution also embodies potent challenges.
“We live in a technological universe in which we are always communicating. E-mail, Twitter, Facebook, all of these have their places — in politics, commerce, romance and friendship. I was the SVP of Operations, and my office was in suburban New York. Could we have picked all that up remotely with our great technology?
The more we use technology and outsourced thinking, we diminish our ability to think for ourselves. Lakhani (Harvard Business School Press, 2020) AI-centric organizations exhibit a new operating architecture, redefining how they create, capture, share, and deliver value. Complexity is in. Other people’s agenda becomes our narrative.
This is the definition of presence, and it is only when we operate in the present that real creativity, growth and innovation occur. Operating in excess of that threshold will cause increased stress, lack of attention to detail and errant decisioning. .:) Is your rubber-band stretched so tight that it’s about to snap?
This force is called creative destruction, which is the process where innovation and technology advancements are reshaping industries and business models. To illustrate the potential impacts, in 2007, Nokia had a little over half the mobile phone market with an operating profit of about $7.8
” However, the landscapes by which leaders operate are anything but static as we enter 2024. The terrain is treacherous and ever-shifting, from the rise of right-wing politics to conflicts spanning continents and through the quicksand of global crises, including housing, migration, and energy.
We find ourselves amidst the challenges of living and working in a triple-threat world of a global pandemic, economic instability, and political unrest. While Chief Digital/Technology Officers or Chief Marketing Officers are often tagged with the innovator label, it is the CHRO who is the real innovator in 2020. Selection Methodology.
Even worse is when those sound-bites are used in an attempt to make statements which embolden a corporate position that doesn’t really even exist to begin with.
Great businesses are in constant search of improvement, innovation, change, disruption, knowledge and other strategic leverage points that lead to a competitive advantage or operational enhancement. Well actually, no it’s not. Don’t fall into the rut of allowing your business to be trapped in a perpetual state of static thinking.
Posted on October 13th, 2010 by admin in Operations & Strategy By Mike Myatt , Chief Strategy Officer, N2growth How dumb is your business? As odd as it sounds, businesses that are not dependant on smart talent, capital, or technology can scale faster and easier than those businesses burdened with the aforementioned dependencies.
While the emotional distress associated with gossip can be dealt with fairly easily, the political discord that can erupt in an organization can be nothing short of disastrous. Gossip destroys trust, undermines credibility, and is one of the greatest adversaries of a healthy corporate culture.
Rarely will you come across a static opportunity in the sense that it will stand idle and wait for you to act…Significant opportunities are not only scarce, but they typically operate on the principal of diminishing returns. So much so, that if you don’t think timing is everything - think again.
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These companies have placed themselves far behind the technology curve because tenured managers hire employees with obsolete skill sets and together they create mediocre solutions. Walking into these organizations is often like traveling back in time 20 years.
This role is essential in today’s dynamic business environment, where change is constant, technology is disruptive, and strategic paradigm shifts are often necessary for survival and success. Strategically positioning an interim executive can significantly enhance operational effectiveness and corporate governance.
Also, a common response is to confuse a sales engine, fulfillment process, operational process, technology platform, or any number of other areas as business models, where this is not the case. Furthermore, a business plan, strategic plan, marketing plan, capital formation plan, exit plan, etc., are also not business models.
The harsh reality is that great numbers of leaders continue to operate in a vacuum by sequestering themselves away in the corner office and attempting to lead from afar. So the real question is this…how does a CEO get to the point of being so disconnected from operations that he or she just doesn’t have a clue?
As a business, the challenge is how to best use this technology to promote ideas and products. As a consumer, the challenge is to understand how this technology is influencing us. A better understanding of what is actually behind the technology will help us to ask better questions and respond in a measured and responsible manner.
In the competitive worlds of business and politics a reserved attitude of humility can often be misinterpreted as a sign of weakness. I think not. While confidence can be mistaken for arrogance, and vice-versa, they are clearly not interchangeable terms.
The second trend is technology’s recognition of the first trend. Now, to learn how those nurtured to be verbose can be retrained – particularly in politics! First is the time pressure for our attention. People simply don’t have the time to listen to, or read, unnecessarily long forms of communication.
Steve Jobs and Larry Page took note of the environment in which their companies would operate but fretted little about it. Looking to the next 10 years of the 21 st century, there is no question that the business, social, political, economic and technological environment will be very different.
Turbulent times, regulations and compliance, technology, politics, people, and global markets enflame uncertainty. Image source Ineffective leaders require certainty before they act, I am certain. On the other hand, successful leaders make decisions where outcomes are uncertain. Leadership is rich with uncertainty.
Posted on January 21st, 2011 by admin in Leadership , Miscellaneous , Operations & Strategy By Mike Myatt , Chief Strategy Officer, N2growth Entrepreneur, CEO or Both? Which hat, or hats do you wear? CEO…that title sounds good doesn’t it? Original post by leadershipcoach [.]
These noble families also held positions of power in the English political system, from which they were able to pass laws that protected their privileges and claims. Today, leaders must continuously transform their businesses, while ensuring day-to-day operations are executed with discipline and efficiency.
Posted on July 7th, 2010 by admin in Leadership , Operations & Strategy , Rants By Mike Myatt , Chief Strategy Officer, N2growth I have read some interesting articles and blog posts of late on the subject of CEO term limits, and felt this topic worthy of discussion.
In many organisations influence is a function of previously proven experience (earned stripes so to speak) and people who are fresh to the organisation, with different ideals and approaches and who are less politically connected may find their ideas sqeezed out by institutional knowledge and cultural dominance. Let me expand.
The moral of the story is this…A lack of delegation creates operational bottlenecks, delegation confused with abdication creates organization chaos, and effective delegation of authority vs. tasks creates personal and operational excellence. Share and Enjoy: View Comments bfpower Well said, Mike.
The drive of such evolutions ranges from advancements in technology globalization to shifting demographics, requiring leaders to reshape their thinking and adapt to become more strategically foresighted. Technology is undeniably playing a pivotal role in the new executive leadership paradigm.
Even solid world class institutions like the University of California Berkeley under the leadership of Chancellor Birgeneau & Provost Breslauer are firing employees, staff, faculty and part-time lecturers through “Operational Excellence (OE) initiative”: last year 600 were fired, this year 300.
They are voracious learners always looking for better methods, different approaches, enhanced efficiencies, better technology and increased velocity. These tenets are discussed at length by Vineet Nayar of HCL Technologies, in his book ‘employees first, customers second’ [link] mikemyatt Hi Kavita: Thanks for your comment.
With the continued rapid development of technology taking the concept of globalization and turning it into hard reality facing businesses of all sizes, it is time for executives and entrepreneurs to examine their current business models from a disruptive perspective. Thanks for adding value to the discussion Rick.
What we’re experiencing today is too much form over substance – leaders lacking in foundation, but replete with social/political savvy. In today’s post I’ll share 6 leadership characteristics that require zero talent or skill.
Re-creating these mindsets inside an established company is challenging because they result partly from the unique pressures and circumstances under which start-ups operate. When faced with a potential threat of technology or business model disruption, you need to consider two things. Don’t confuse politeness with respect.
The most productive leaders I know have the ability to be extremely nice, very civil and always polite while maintaining the ability to be direct, focused, and candid. Furthermore, it is quite possible to be nice without being wishy-washy or a doormat. It takes some work, but don't settle for anything less. Mark Oakes Good Post, Mike.
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Gut instincts can only take you so far in life, and anyone who operates outside of a sound decisioning framework will eventually fall prey to an act of oversight, misinformation, misunderstanding, manipulation, impulsivity or some other negative influencing factor. They make bad decisions.
link] ATIG Dear Mike, "I've found that 90% of problems companies have on-line are created by management, not technology" David Segal Why not E-leader ( participative) for better decision making to do the right thing ? We must slow down the technology speed and its consequences. Thanks, Sami impassioned Hi Mike.
If you crush the individual character and spirit of those who form your team, how can your team operate at its best? As much as some don’t want to hear this, there is an “I&# in team because teams are comprised of individuals. The strongest teams don’t weed out or neutralize individual tendencies, they capitalize on them.
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