That the industry needs to drive digital innovation is clear. The question is how? A thought exercise can help to address the right issues - to "destroy" your own business model.
Discussions should be objective and professional, but also honest and open. Because anyone who thinks that a company can get by without conflicts and tensions is barking up the wrong tree. On the contrary, stink is often the basis of successful teamwork and the management must also recognize this!
Do they feel the bottleneck, the so-called "bottle neck"? Pressure at the top from management, pent-up frustration among employees. The tighter the bottleneck of overburdened management and stressed employees, the less you will get relief and open space for redesign. The 4 steps of the Bottle Neck Expansion Chain can help.
What do many business leaders think about the future of the global economy? The article offers some insights into the changes in the economic climate and the spreading geopolitical uncertainty.
In today's VUCA world, how do you develop strong leadership skills? How do you build high-performing teams during challenging times in a working world characterized with uncertainty?
Business leaders have the ability to do great good or cause great harm to those who work for and with them. They can create an environment that leads to happier humans, or one in which human suffering is increased. That’s because the impact work has on our mental health is well-researched and documented. We know that certain actions can and do create happier or more miserable employees, and that employee satisfaction affects the bottom line.
ISO standards such as ISO 9001 and ISO 14001 are among the most popular management systems for companies worldwide. With the ISO 56000 family, the International Organization of Standards is currently introducing a new series for innovation management. This article explains the components of the standard, the benefits for companies, and the innovation management systems guide ISO 56002, which is at the heart of this series.
"Never let a good crisis go to waste." This sentence, addressed by former Chief of Staff Rahm Emanuel to then U.S. President Barack Obama, makes it clear that crises are not only a threat, but also offer special opportunities. Crises can expose weaknesses in companies that were not visible in good times or whose elimination was not important. A sense of urgency is created to address large and small change processes. Changes in markets and customer needs also create new opportunities for growth. Unique opportunities arise to make targeted investments in the future.
The example of GKB shows well that a digital transformation is only successful if it is accompanied by a cultural transformation. GKB is the pioneer of digital transformation in the industry. And this is no coincidence. Rather, through a systematic development of leadership and culture, the bank has developed a commitment, trust and change capability that now enables it to implement digitalization at speed. This also shows that for successful digitization, no cultural measures can take effect as fringe or superficial ad hoc actions. Rather, digitization is only successful if it takes into account the deep structures of the company and goes beneath the surface. It is also important to strengthen the digital skills of employees. If all this happens, the digital transformation will quickly become a success. However, all companies that quickly "buy in" to a cultural transformation on the surface or with a few measures will not have this success. The decisive factor is a process of authentic transformation and the right cultural mindset in the company.
Figures show that the health sector is facing a dramatic shortage of care in the coming years and decades, which endangers the well-being of people. In order to recruit new staff and retain existing staff, improvements in working conditions are necessary, especially in nursing.
Information flows are like blood in the veins: it must flow and adhere to the most important messengers. Visualize with a map where you can improve your flows and implement these optimized nodes immediately.