This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The Importance of Robust Succession Planning Amidst Chaos In today’s volatile business environment, chaos has become the order of the day, leading organizations into an era of uncertainty. This volatility disrupts normal business functioning and poses significant challenges to leadership continuity.
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.
In this week’s Asking for a Friend, I talk with Meredith Elliott Powell, Author of Thrive– Turning Uncertainty to a Competitive Advantage. I love her Skeptic model to help your team think through future scenarios for dealing with uncertainty and change. T- Technology. C- (K) Competition. E- Economy. P- Politics.
Leadership is rich with uncertainty. 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.
Alan Watts, the British-born philosopher, has pointed out the sense, which we all seem to share, that we live in a time of unusual uncertainty. He accredits this feeling to all the new technologies and science that we are bombarded with. Faced with uncertainty, we naturally strive to take control. We can let go.
Organizational resilience is a quality that becomes apparent when businesses face adversity, especially during times of widespread uncertainty and constantly changing regulations. The responsibility lies with these leaders to navigate uncertainty and foster a culture emphasizing adaptability and innovation.
We’ve seen changing regulatory environments, disruptive technology, and natural disasters lead to a paralyzing cycle of “what ifs” that lead to inaction. Sometimes when you go to build your strategic plan, it can seem like there are more questions than answers. One […].
From developing cutting-edge products to pushing the limits of technology and streamlining processes, great CIOs don’t just follow trends—they create them. Technological Expertise: Proficiency in leveraging emerging technologies to gain a competitive advantage.
By leveraging technology, companies can streamline their executive search processes, expediting the time it takes to find the perfect fit for various leadership roles. As businesses worldwide navigate an era of uncertainty, diversity in interim leadership is a vital component that propels organizations toward sustainable success.
In this episode you’ll get several ways to ensure that your remote meetings are the best use of everyone’s time – including how to take advantage of technology to do […]. Even after social distancing ends, remote meetings are here to stay. Even after social distancing ends, remote meetings are here to stay.
Emerging Technologies to Facilitate Leadership Planning As the digital revolution unfolds, it’s becoming clear that technology plays a substantial role in enhancing leadership planning. While human resources professionals can no longer overlook the importance of technology, a delicate balance must be maintained.
When clear leadership is absent, employees may experience uncertainty, leading to decreased motivation, productivity, and higher turnover rates. Technology Implementation: Interim CIOs have overseen critical technology projects, ensuring timely delivery and adoption across the organization.
A S WE finally start to see the light at the end of the tunnel of the catastrophic COVID-19 pandemic, many business leaders are looking for ways to better anticipate future disruptions and prepare for uncertainty ahead. Scenarios provide longer-term, multiple futures based on unknown risks and uncertainties (e.g., the results of a U.S.
The best leaders have a propensity for looking for ways to leverage digital technology for competitive gain.If It’s the only way you can help your business leverage data and information technologies in the pursuit of growth and profitability. Digital technology and media are omnipresent in business nowadays.
Flux : 8 Superpowers for Thriving in Constant Change by April Rinne (Berrett-Koehler Publishers, 2021) A world in flux calls for a new mindset, one that treats constant change and uncertainty as a feature, not a bug. When they converge, they’ll produce sea changes that sink companies and wash away entire industries overnight.
Different from experiments that “reveal immediate internal features of a complex system, scenarios explore where the internal organization meets the external environment, where uncertainties lurk beyond anyone’s control.”. Scenario planning always surfaces conflict and there is always a moment when everything seems to fall apart.
Poor communication, unfair treatment, or erratic decision-making can breed a culture of fear and uncertainty. The Evolving Role of the CEO in Business Success and Failure As companies adjust to rapid technological advancements, the role of the CEO is undergoing a significant transformation.
Emerging technologies, changing demographics, the data economy, automation, and other trends?the a renowned expert on resilient growth and decision making under uncertainty?shows Discover eight powerful mindset shifts that enable leaders and seekers of all ages to thrive in a time of unprecedented change and uncertainty.
Additionally, due to the increasing use of technology and digital tools, the Chief Revenue Officer needs to harness data, AI, and other cutting-edge tech to boost performance and stay ahead of the competition. By managing the uncertainties of a fluctuating market, an experienced CRO guides the organization toward its financial goals.
The significant increases in employee engagement have been partially eroded due to global anxiety and rapid technological advances creating uncertainty about job losses, although Africa’s engagement levels continue to rise. However, rapid technological advances are a threat to job creation.
The Impact of Interim Management on Business Continuity In a rapidly evolving business landscape shaped by technology and market shifts, interim executives provide crucial stability. Interim management is essential for maintaining business continuity, especially during structural, managerial, or financial transformations.
Modern CFOs are no longer just about bookkeeping and compliance; they are pivotal in leading with strategic thinking and mastering financial technology. The best CFOs today are those who can bridge the gap between finance and technology, turning data into actionable insights that steer the company forward.”
Rachel Botsman discussing trust issues that revolve not just around trust and technology, but trust issues around size: “I think so much of what we need in our lives are smaller systems, where you can really serve people’s best interests. Source: The Age of Uncertainty. * * *. Here are two ideas for the curious mind to engage with: I.
But most hear two conflicting voices in their heads: an optimistic voice telling them all the reasons they should start a business, and a second voice-one that fears uncertainty-telling them all the reasons they should remain someone else's employee. Play Nice But Win : A CEO's Journey from Founder to Leader by Michael Dell with James Kaplan.
In the same way, digital disruption is not about the technology as much as it is about how companies can make their way through the new competitive environment they find themselves in. Digital disruption is more about the people than it is the technology. The authors introduce the concept of digital maturity. What About Leadership?
This notable difference between median and average tenure suggests various factors are at play, including increased shareholder activism, faster business cycles, and the impact of disruptive technologies. Factors affecting global trends, such as technological changes and shifts in stakeholder expectations, are also contributing to this trend.
Such a shift in focus encourages leaders to examine the utility of new technology more than its novelty, which increases their propensity to invest. What’s more, this approach is especially useful for leaders who lack technological expertise. “Keeping up with the rapid pace of technology can be especially challenging. .
O NE OF the unfortunate side effects of living in an age of accelerating technology is having to deal with increased uncertainty. When faced with uncertainty, how should leaders react? You can, however, embrace uncertainty by adjusting your views as new information becomes available. Take, for example, Rasmus Ankersen.
Succession contingency planning ensures an organization’s survival and growth during strain, uncertainty, or sudden change. Utilizing Technology for Effective Succession Management Firms like N2Growth are embracing technology in succession planning , this can serve as a powerful tool in the hands of an insightful leader.
Interim Executives Embedded in Leadership Solutions Interim executives’ agility and expertise make them invaluable during times of transition or uncertainty. For example, consider a technology company undergoing a digital transformation. For example, consider a technology company undergoing a digital transformation.
From regulatory changes to technological advancements, staying abreast of these developments is crucial for both finance organizations and executive search firms. Leveraging technology, such as AI and data analytics, can also be crucial in identifying and engaging with potential candidates.
When faced with a potential threat of technology or business model disruption, you need to consider two things. If you adopt the technology or business model, will you achieve a reasonable profit? “The The best strategy when facing high degrees of uncertainty is to hedge and build options for the future.”.
I N 2012, in the wake of the Great Recession, when uncertainty loomed large and businesses shuttered by the thousands, I made a decision that would change the trajectory of my life. New technologies, shifting regulations, and a heightened focus on biotechnology and pharmaceuticals meant that professionals needed to stay ahead of the curve.
Resilience intelligence focuses on developing the foresight to anticipate challenges, building the capacity to endure them, and thriving amidst uncertainty. Human-Tech Synergy: Rather than viewing technology as a threat, embrace it as a partner. It’s about proactively preparing for setbacks.
Unlike intellectual capacity, which focuses on retaining and processing knowledge, B usiness Acumen Capacity emphasizes the application of knowledge in real-world situations - often under conditions of uncertainty and ambiguity. In the dynamic environment of a rapidly scaling business, this ability is absolutely indispensable.
Harnessing the Power of Interim Management in Uncertain Times Over the years, the role of interim executives has transformed from temporary fill-ins to strategic agents of change and innovation, especially in times of uncertainty. These executive professionals possess key qualities such as agility, adaptability, and a results-driven nature.
Set up microboundaries to make technology work for you. We don’t know how to use the technology we have. Frame the work as a learning problem, not as an execution problem,” and “introduce a clear sense of uncertainty into the room.”. Avoid weekend e-mails and work. Focus on the Issue, Not the People.
Over time, technological advancements have transformed the executive search process, combining digital and traditional methods. The global marketplace, driven by disruptive technologies and changing societal values, precipitates shifts in the competencies and strategic vision required of key decision-makers.
Into the Metaverse is the essential business guide to understanding the ground-breaking technologies that enable this monumental shift and the opportunities it presents from a business and societal perspective. The Power of Potential : How a Nontraditional Workforce Can Lead You to Run Your Business Better by Tom D'Eri.
The future of work is rapidly evolving, driven by advancements in technology, changing employee expectations, and a shifting global economy. According to a recent report by the World Economic Forum, 50% of all employees will need reskilling due to technological disruption. Those who embrace change build more resilient teams.
An era of unprecedented volatility, uncertainty, complexity, and ambiguity (VUCA). With exponential technologies, multi-Generations at the workplace, new off-industry competitors challenging incumbents, the Covid-19 New Reality…. What are the most relevant changes in the new business environment?
Search firms and technologies help to disturb it, but executives have agency, too. Acknowledge that uncertainty and treat each interaction as if it is part of a repeated game. Often, the “hiders” would rather be found. That is, there are many executives who want to be employed by brands who would want to employ them.
Rapid technological advancements, globalization, and changing consumer demands are just a few factors contributing to the constant flux in the corporate landscape. As the business landscape becomes increasingly complex and dynamic, the need for leaders who can navigate uncertainty and drive growth has never been greater.
The current environment calls for a refined approach to recruitmentone that leverages advanced technology, data, and thoughtful engagement to secure and retain high-performing talent. Disruption in technology, alongside the rise of remote and hybrid work arrangements , has introduced new possibilities for both employers and candidates.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content