Two years ago I wrote on this page that insurance companies have a lot to think about. They face profound disruption. You might think this is for the usual reason – digital technologies – but you would be wrong. Yes, accelerated technological change is shaking every sector up, dramatically; but insurance faces a special problem […]
Read MorePhoto by Margarida CSilva on Unsplash I’ve lost count of the number of times I’ve sat in boardrooms and heard the assembled say they are engaged in a “war for talent.” The gist is as follows: talented people drive results. We must have the best talent in this company. Top talent is scarce. Top talent […]
Read MoreFear at work is a good thing, right? If employees are not afraid of you, they will just take advantage of you, no? They’ll slack off work, they’ll run side hustles using your time and resources, they’ll even steal from you – correct? A question, though: many business bosses have been making their employees feel […]
Read MoreElon Musk is widely recognized as a visionary. He cofounded PayPal and then moved on to a dizzying range of businesses: electric vehicles, energy generation, machine interfacing, even space travel. His aim always is to completely revolutionize every industry he turns his hand to. None of the new ventures is a concrete success just yet; […]
Read MoreTom Peters co-wrote the first business bestseller, In Search Of Excellence. I was a teenager when it came out, and I looked through my father’s copy. I lacked the experience to make any real sense of it, but I remember thinking, for the first time, that perhaps one could find a calling and a profession […]
Read MoreIt’s time again to dissect what just happened at the FIFA World Cup, and see what we can learn for our own lives. Regular readers of this column will know that this is something I do every four years. In 2010 I wrote that to win in football (or any collective, team-based endeavour), four ingredients […]
Read MoreThis column records my 800th appearance on this page. It’s been a great ride, for more than 15 years now. I thought I should commemorate the milestone by focusing on something that seems to be losing its importance in the modern world: good writing. By this I mean good writing coming from you. We all […]
Read MoreDo you remember Snakes and Ladders? Back in the day when board games were pretty much the only indoor games we had, this one was a favourite. You tried to progress up a board by throwing dice; in your path lay ladders (that helped you jump up several levels); and some nasty snakes (that brought […]
Read MoreI recently received an email from the folks over at Medium, an online publishing platform I subscribe to. Here’s what it said: “Hello! It looks like you’re into artificial intelligence, so we rounded up a few of our favorites for you this week. Because you’re a member and an avid reader, we want to make […]
Read MoreDov Frohman was a legendary CEO of Intel Israel. When he was a young manager, he sent global chief executive Andy Grove a five-page proposal for shifting the Jerusalem production line from memories to microprocessors. The proposal came back, unread, with just a stamp on it that said: “Please respect my time.” This is recounted […]
Read MoreI wrote on this page in 2015 that explosive growth in a certain type of business was absolutely inevitable, and that those with eyes with which to see and minds with which to anticipate should rub their hands and get set to take advantage. That business was home delivery – of cooked food, but also […]
Read MoreLet’s conclude this short series on introversion and extroversion with how it all plays out in the workplace. If you’ve been following the series (this is the third part; part one is here, and part two here ), you’ve understood the essentials about introversion vs extroversion. Here’s a beautifully concise summary, from Concordia University’s Dr […]
Read MoreA prospective customer is considering a domestic family holiday. First, she calls a local airline. Customer: ‘I am interested in your flight-and-accommodation packages for my family.’ Employee: ‘They are all on our website.’ Customer: ‘OK, I had tried that, but I couldn’t find them. All I have on me now is my phone. Let me […]
Read MoreWhen Jeffrey Immelt, long-time boss of giant conglomerate GE, held his annual address to investors last May his corporation’s stock was trading at close to $30. He painted a rosy picture of his long tenure, and retired as CEO soon afterwards. Today the stock price is around $15. His successor decided to bare all and […]
Read MoreThe conference business is big business. Humans working in organizations have an unending need to meet in their numbers away from their workplaces: for seminars, workshops, roundtables, town halls, celebrations, parties, retreats, jamborees, junkets – or even just regular meetings. Demand is strong, buyers are willing. Sellers should be smiling. I must have commissioned or […]
Read MoreLast week we looked at the underrated virtue: kindness. It is easy to be self-absorbed. Some of us are lost in our own egos. Others are trapped in their own miseries. Yet others have no time for anything but their own race to the pinnacles of success. The harder thing is to be aware of […]
Read MoreAs a leadership advisor, I am often left pondering a common phenomenon: when a new leader arrives in office, what inevitably follows is a purge of the followers of the old one. I have seen it many times over the years: a new leader is appointed; and all those associated with the old regime must […]
Read MoreI was looking for footwear in foreign climes recently. I walked into a promising-looking store, and noticed something interesting: the shop assistant attending to me was wearing a bluetooth earpiece. What that was for soon became evident. You have all had this experience when buying shoes, I am sure: you choose some possible pairs; and […]
Read MoreWhat does the disruption journey look like to those who can think ahead of the curve and transform their successful traditional businesses ahead of time? I covered this topic here last week, and received many requests to show the roadmap for banks in particular. It seems many of you are worried about the future of […]
Read MoreEvery business in the world faces overwhelming uncertainty. The explosion of new technology shows no sign of abating. Indeed, we may only have seen the opening chapters of the book of technological disruption. The later chapters – containing plot twists, deaths, rebirths and the like – have not even been written yet. We only have […]
Read MoreWe were flying in the rainy season. We set off on the first leg, needing to arrive at the hub airport on time and then catch a connecting flight to our final destination. We had allowed two hours transit time to catch the next plane – more than enough, said the airline staff at the […]
Read MoreIf you’re even vaguely connected to the internet (or a television set), you know what happened. United Airlines took a passenger off a plane. And now the whole world is angry about it, and United’s brand is in ICU. On Monday, videos taken by Dr David Dao’s fellow passengers went viral all over the world. […]
Read MoreI wrote here two weeks ago that every business has its one thing – the thing it must deliver above all others. For restaurants, the one thing is the taste of the food; for banks, it is trust; for hotels, hospitality. You can think about what yours is in your industry: the one thing that […]
Read MoreAs more and more companies declare profit warnings and significantly worse results, cost containment is all the rage again. You will hear a lot more in 2017 about ‘reorganizations’ and ‘rightsizing’; ‘efficiency’ and ‘leanness’ will become the prevailing buzzwords in boardrooms. I always wonder: if you want to become the ‘right’ size now, which size […]
Read MoreThere’s more than one way to defeat an enemy. As the best spies know, you don’t just mount external attacks; you also work to weaken your enemy’s organization from within. In 1944, the precursor of America’s Central Intelligence Agency (CIA), the Office of Strategic Services (OSS), created something called the Simple Sabotage Field Manual. This […]
Read MoreYou’re a star, you know you are, and so does everyone else. You have deep talent, and it’s all personal. At school, you clocked the top grades, or excelled in sports, or were the best artistic performer of your era. In your career, you’ve always been the big cheese. Success seems to surround you; you’re […]
Read MoreA lifetime of observing people and societies has taught me one thing: people only behave if the consequences of their actions are visited upon them, personally. Why do Nairobi nightclub owners continue to bombard their neighbours in residential areas with music played at insane decibel levels? Because their own children are not studying for their […]
Read MoreAn employee of Trader Joe’s recently filed an unfair labour practices charge against the company in the US. Thomas Nagle was reportedly fired by Trader Joe’s in September; his offences apparently included an “overly negative attitude” and not smiling warmly enough. In his performance reviews Nagle had been criticized for not greeting a manager with […]
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