Mastering how best to implement change is vital. These consultants, likening the process to the herding of cats, outline what works best, with a particular focus on how to get employees to embrace that change,
High-performance leaders have learned how to take smart risks and create the opportunities that bring success, says IMD professor George Kohlrieser. Here are his suggestions for how to develop your leadership talents and build a productive organizational culture.
Many businesses admit they're worried about the impending loss of baby boomers when they retire from the workplace. They see the exodus as impacting almost everything, resulting in a shortage of leadership talent and lessened customer service.
You can already turn technical innovations into new products. But can you learn more? This look at two particular papers explains why second-order competences -- sort of new ways to look at marketing and technology -- can offer insight into ways to grow current business and products. The article explains what some of the important second-order competences are.
Burberry's deputy CFO moved down the fashion food chain to become CFO of Benetton last year. Now, Emilio Foà is trying to turn around a company that has relied on its glory days of the 1980s while losing the trendiness factor to retail chains such as Zara and H&M. Foà is concentrating on two areas: finessing the supply chain and fundamentally changing the way the company runs -- how it makes decisions, sets targets and allocates capital.