Nothing is more flattering than a promotion. When the executives choose you to be a leader, it sends a powerful message about your skills and knowledge.
But if a promotion is proof that a person knows what they’re doing at work, why is it so hard for so many employees to make the move from individual contributor to leader successfully? Continue reading
Pick up any paper. Listen to any news. What’s the common thread that weaves through all news?
VUCA – Volatility, Uncertain, Complexity, Ambiguity
It’s the scary. It’s the unknown. It’s the unknowable.
Today’s new normal is VUCA. That’s why we say: “We now live in VUCA time”
Today’s Typical NY Times Front Page Headlines (August 30, 2017) Continue reading
I have often written on my view that there is an over emphasis these days on Black Swans in risk management. The Brexit vote not only shot shockwaves through financial markets but has created a whole new paradigm to world economic stability both short and long term. And if Risk is defined as uncertainty then as of today, this must be one of our greatest risks. Continue reading
Those working on operational excellence are typically focused on optimisation, waste elimination, capacity utilization, process redesign and other operational challenges. This focus can lead to a lack of business perspective. How can operational excellence professionals keep the business in mind while making operational improvements?
The business model canvas is one widely used tool. By laying out the main elements of the business in a simple canvas, operational excellence professionals can make sure that their work is always connected with the needs of the business. Continue reading
What is risk? Think about it before you leap to answer. Do we really know and understand risk? Some facts to consider: