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strategy+business: STRATEGY & LEADERSHIP

For and about today’s managers and leaders: How to make smart strategic choices and put those ideas into action

Common Purpose: Realigning Business, Economies, and Society
The bitter state of politics in our time reflects a misalignment between economic and social progress. Although the world has seen tremendous leaps in innovation that are aimed at improving lives, too many people feel they have been left behind by a system unfairly stacked against them. So, how did we get here? How did globalization, technology, and “financialization” come together to create such progress and what needs to change to make these three critical forces work better? The authors recommend a realignment and concrete actions grounded in a greater commonality of purpose.
Posted: May 25, 2017, 5:00 am
Cracking the Code of Economic Development
Public policy professor Philip Auerswald takes on “the Great Man-Machine Debate.”
Posted: May 24, 2017, 5:00 am
Getting to the Critical Few Behaviors That Can Drive Cultural Change
Encouraging a small number of actions can help an organization achieve its strategic and operational objectives.
Posted: May 22, 2017, 5:00 am
Your Next Corporate Leader Should Have a Pilot’s License
CEOs who fly planes in their spare time take on risks and seek out new experiences, traits that lead them to preside over firms with better innovation outcomes.
Posted: May 18, 2017, 5:00 am
Being Ready for a Crisis
The likelihood that your business will be hit by a highly threatening, unexpected event has never been higher. It might be an operational disruption, a cyber-breach, a terrorist attack, a major accident, a natural disaster, a crime, a pandemic, a food safety scare, a major labor dispute, a financial meltdown, a product failure, a sexual harassment case, or your company’s ethical scandals coming to light. The most critical factor in surviving and regaining your reputation is to develop the capability to handle a crisis long before you need it. You can’t put this kind of crisis preparation capability into place overnight — you need to develop it as a way of life.
Posted: May 18, 2017, 5:00 am
Eliminate Your “Authenticity Filters”
Break the pattern that’s preventing you from being the best version of yourself in the leadership moments that matter.
Posted: May 16, 2017, 5:00 am
Cybersecurity after WannaCry: How to Resist Future Attacks
A few key habits and attributes can help protect companies from ransomware — now and going forward.
Posted: May 16, 2017, 5:00 am
CEOs under Fire
A graphic showing why more chief executives are being ousted for ethical lapses, and some tips on how to prevent missteps. For more insight, read “Are CEOs Less Ethical Than in the Past?.”
Posted: May 15, 2017, 5:00 am
Are CEOs Less Ethical Than in the Past?
This year’s CEO Success study shows that boards of directors, institutional investors, governments, and the media are holding chief executive officers to a far higher level of accountability for corporate fraud and ethical lapses than in the past. Although the number of CEOs who are forced from office for ethical lapses remains quite small, firings for ethical lapses have been rising as a percentage of CEO successions: from 3.9 percent of all successions in 2007-11 to 5.3 percent in 2012-16. Thanks to trends such as greater suspicion among members of the public, heightened regulation, and the 24/7 news cycle, CEO behavior is coming under greater scrutiny, and a smaller margin of error exists for all parties involved. But there’s good news for CEOs, their leadership teams, and their boards of directors. Organizations can protect themselves by making sure that their controls and compliance programs are truly world class, and — even more important — that their corporate culture sends and reinforces clear, well-understood messages about ethical conduct. See also “CEOs under Fire.”
Posted: May 15, 2017, 5:00 am
Aerospace and Defense: Selling at Home and Abroad
Military contractors are reinventing themselves for a world of rapidly evolving technology and new geopolitical relationships.
Posted: May 11, 2017, 5:00 am
Ditch These Myths about Women in the Workplace — or Miss Out on Talent
Women coming back after a break can be an enthusiastic, driven addition to your team. Don’t let stereotypes blind you to the opportunity.
Posted: May 10, 2017, 5:00 am
A Strategist’s Guide to Artificial Intelligence
Artificial intelligence is creating new approaches to business models, operations, and the deployment of people that look likely to fundamentally affect a wide range of sectors. After all, if AI can transform an earthbound industry like agriculture through better understanding of soil and climate factors, what can’t it touch? And how long will it be before your company is affected?
Posted: May 10, 2017, 5:00 am
Strategy Talk: Should We Split Our Stock to Boost Returns?
Financial engineering won’t fix a stagnant valuation.
Posted: May 9, 2017, 5:00 am
Why Robots Need Adult Supervision
Facebook is hiring legions of people to monitor content, proving once again that, at least in the near future, computers need a human touch.
Posted: May 9, 2017, 5:00 am
How to Make Entertainment and Media Businesses “Fan”-tastic
Entertainment and media (E&M) offerings today simply cannot thrive without the economic, social, and emotional power of their fans. Premium content is expensive, and getting more so. Distribution is a brutal battle for shelf space. The steady march of digital technology has ushered in a direct-to-consumer environment. There is simply too much competition for users to allow E&M businesses to survive on experiences that disproportionately cater to casual “eyeballs” or infrequent users. But entertainment and media businesses designed around and for fans command multiple strategic advantages in today’s hypercompetitive landscape. Such businesses know more about who their users are, what they want, and how and where to deliver it. Fans spend more per capita and are less likely to churn. “Super-serving” fans is the key to unlocking new opportunities for revenue expansion. Thus, creating fan-centric businesses must move to the top of senior management’s agenda. These companies need capabilities that help them operate in new, more flexible ways across content, distribution, and user experience. E&M companies can become more fan-centric by focusing on five key functions: customer insight, development of content and experiences that “super-serve” fans, distribution of content to where fans reside, monetization, and operations.
Posted: May 8, 2017, 5:00 am
Is Your Company’s Diversity Training Making You More Biased?
Corporate inclusion programs often trigger an “us versus them” mind-set. But establishing shared goals can help get teams on track.
Posted: May 8, 2017, 5:00 am
You’ve Been Escalated: A Guide to Instigating Change
If you’re a person who takes risks for your enterprise, you should learn how to handle the backlash.
Posted: May 3, 2017, 5:00 am
How to Craft Meetings People Love (Really)
These gatherings can feel like a prison sentence, unproductively ticking away time. But when infused with some essentials, they can be fruitful — and even enjoyable.
Posted: May 1, 2017, 5:00 am
Navigating the Choppy Waters of Healthcare Reform
Even though Congress’s effort to partially repeal and replace the Affordable Care Act (ACA) failed, it is likely that reforms and changes in the regulatory and competitive environment will continue to disrupt established business models. As they negotiate the uncertainty inherent in the environment in the coming years, healthcare organizations that understand the long-term trends affecting their markets, grasp their relevance to stakeholders, forge meaningful partnerships, and engage with reform efforts at every level of government will be well positioned to succeed.
Posted: April 25, 2017, 5:00 am
For Startups, Giving Up Control Is Key to Creating Value
Young firms are valued significantly higher and attract more financing after their founders relinquish some power.
Posted: April 19, 2017, 5:00 am
Strategy Talk: How Do I Build a Strong Pipeline of Future Leaders?
The next generation of management needs to build its strategic acumen through real-world practice.
Posted: April 12, 2017, 5:00 am
Rethinking Returnships for Retaining Women
These high-level internships can help organizations tap into an overlooked talent pool, but they aren’t a cure-all.
Posted: April 11, 2017, 5:00 am
Wanted: Ambidextrous Leaders
Leaders who fully understand strategy and execution are rare. Those who can make it work are even rarer. We’re looking for examples. See also “The Leadership Survey.”
Posted: April 10, 2017, 5:00 am
The Leadership Survey
Tell us who you think the most capable leaders are, and what they do to excel at both strategy and execution. See also “Wanted: Ambidextrous Leaders.”
Posted: April 10, 2017, 4:06 am
Leaders Can’t Treat Emergency Exercises Like Just Another Drill
Avoid fumbling the response to a crisis by fully participating in on-the-ground trainings.
Posted: April 5, 2017, 5:00 am
Are Today’s CEOs Tomorrow’s Early Adopters?
Leaders of companies must make personal and financial commitments to trying new experiences.
Posted: March 29, 2017, 5:00 am
Who You Are Is How You Lead
Strategies to identify and embrace your nonnegotiable values and grow into your best, authentic self.
Posted: March 28, 2017, 5:00 am
The Marriage of Tax and Strategy
To meet the demands and disruptions of the future, executives should pull their company tax function out of its silo and integrate it into daily operations. Harnessing tax data is not just good for transparency and compliance; because it’s a complete assessment of what the company is doing, it provides a more detailed understanding of all transactions and how to make them profitable.
Posted: March 27, 2017, 5:00 am
The Power of And
One short, simple word can reframe your leadership mind-set.
Posted: March 27, 2017, 5:00 am
How TiVo Confronted the Disruptor’s Dilemma
Upstart firms that want to break into an established sector often must collaborate with the very power brokers they seek to unseat.
Posted: March 23, 2017, 5:00 am

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