In surveys and interviews with hundreds of leaders worldwide, we uncovered seven core tensions between the traditional and emerging leadership approaches. Those tensions create significant stress for leaders, as they are often unsure of what competencies, skills, and behaviors to exercise in a particular context. In this article, we describe the tensions, outline the dangers in ignoring them, and suggest coping strategies for balancing the two approaches.
In this digital age, there is much discussion about the need for digital skills. But given the rate of technological development, what stocks of skills and knowledge will remain valuable and how can they be developed? While there is a tendency to focus on technical expertise, our research reveals the need for a much broader and richer set of core portable skills and attitudes.
Our research illuminates the main reason for such failures: Many corporations struggle to find the balance between traditional venture capital and internal corporate investment. These two investing approaches differ in important ways, from how portfolios are evaluated and managed to how executives are compensated.
While research has shown traditionally it has been more profitable for sports organisations to outsource platform activities and decentralise their business to maximise reach and distribution, this leaves sports organisations with little contact with their customer base – which may be a missed opportunity in the changing landscape of the live sports market.
With this important new book, Orchestrating Transformation: How to Deliver Winning Performance with a Connected Approach to Change, the team at the Global Center for Digital Business Transformation, an IMD and Cisco initiative, set out a new prescription for getting transformation right.
Consumers are already baulking at both the cost of multiple subscription services and the inconvenience of having to keep track of which shows are on which services. The ultimate winner will be the first option that can provide scale and convenience at a reasonable cost. If today’s streaming companies aren’t careful, they will end up on the outside looking in.
Artificial intelligence (AI) can transform companies powerfully and boost their performance in groundbreaking ways. The latest publication by the Credit Suisse Research Institute (CSRI), AI & The Future of Work, outlines three significant factors determining the success of an AI course and suggests a winning strategy to tackle these.
2017 WINNER, AXIOM BUSINESS BOOK AWARD
"Digital disruption" sounds like another business buzzword - until it happens to your company. Seemingly out of nowhere, startups and other tech-savvy disruptors attack. Your customers bolt for the door and revenues stall. Senior executives ignore the problem, or turn to yesterday's management playbook. In months instead of years, you've gone from market leader to also-ran.
