A board and governance level issue that doesn’t get nearly enough attention is whether firms are being run as value creators or value extractors. As economist William Lazonick points out, absent real pushback, it is all too easy for management to simply extract value from companies –...
To recap and continue: Competitive advantages have life cycles – born in innovation, scaled up with launching, making a profit by operating and eventually transforming to the next advantage. Unfortunately for leaders in today’s fast-paced contexts, we tend to only teach the...
Competitive advantages have life cycles – born in innovation, scaled up with launching, making a profit by operating and eventually transforming to the next advantage. Unfortunately for leaders in today’s fast-paced contexts, we tend to only teach the “operating” part...
Struggling with your weight? It’s because you are outmatched
As the Washington Post’s Tamar Haspel observes, “When three-quarters of humans can’t navigate the system successfully, the problem is the system, not the humans.” She notes that the food...
When it comes to funding investment in cost-center functions like IT, efforts can often go underfunded because the ROI doesn’t meet the normal cost-justification hurdles. That’s because we are used to evaluating Productivity Zone investments on the basis of direct impact on the...
Too many executives fail at leading successful change initiatives, even as successful initiatives are a prerequisite for winning in today’s dynamic marketplace. That failure is no small part of the reason why employees detach emotionally or resign.
Addressing how some 70% of change...