disruption (15)

The GFC caused large financial chaos – yet Aussie mutuals stood firm. Why? Ben Woods of Australian Mutuals History dissects their resilience, built on bedrock of member focus, robust safeguards, and unwavering discipline. A lesson for all institutions: resilience blossoms from member-centricity and prudent risk management.
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Different phases of organizational development exist.  Some reach maturity and then decline with time, whereas others simply vanish during the initial phase.

However, few businesses are able to avoid bankruptcy and sustain long-term growth.  They continue to amaze consumers with their innovative products and services.  They accomplish this by devoting resources, investment, time, and effort to the development of novel ideas, testing and cultivating these ideas, and discarding obsolete products.

Mc

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Businesses must continue to adapt and innovate if they are to thrive in the face of disruption and intense competition.

Change is essential to the growth and profitability of an organization, but it is frequently resisted by individuals and groups within the organization, making its implementation challenging.

Change Management is the process of assisting and preparing individuals, teams, and organizations as they modify their operations, processes, and structures.

Change Management requires addres

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3 Phases of Managing Disruption

10258043870?profile=RESIZE_400xRecessions compel leaders of practically all organizations around the world to consider the consequences of a deeply disruptive crisis.

When confronted with a crisis, some leaders shine, causing their companies to grow stronger. Some appear to be stumbling. Others are merely bystanders while their organizations crumble.

Organizations that survive major disruptions are likely to emerge stronger and better prepared to predict and prepare for the next one.

Leaders of organizations are ultimately re

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7 Tactics to Upskill Your Workforce

Editor's Note:  If you are interested in becoming an expert on Human Resource Management (HRM), take a look at Flevy's Human Resource Management (HRM) Frameworks offering.  This is a curated collection of best practice frameworks based on the thought leadership of leading consulting firms, academics, and recognized subject matter experts.  By learning and applying these concepts, you can stay ahead of the curve.  Full details here.  

9797614053?profile=RESIZE_400xDisruptive technology is re-shaping the present-day work enviro

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8028317477?profile=originalReducing the fragility of global Supply Chains in the event of disruption through natural or other disasters is a major concern for most senior executives.  This rings true more so now than ever, as the world grapples with COVID-19, the worst human health crisis in 100 years.

The strategies to enhance the effectiveness and readiness level of Supply Chains and to reduce risks associated with disruption come with a price.  These costs are critical to build Supply Chain Resilience across all industr

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We all need insights

8028309454?profile=originalMarie Curie provided insight, literally, that anyone would envy.

Ask yourself what insight a doctor in World War I would have valued most. Insight, not a wonder drug that is penicillin that was only discovered in the next decade.

Your answer (which I get very quickly when I ask it in workshop) may be “the ability to see bullets”. That is, bullets stuck inside the poor souls that had become “casualties” during the war. Curie designed, built and deployed (with the help of her 17yr old daughter) smal

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From Fear to Understood

8028311660?profile=originalAccording to passiton.com and brainyquote.com (see I’ve done my research, the internet never lies, right?) Marie Curie said “Nothing in life is to be feared; it is only to be understood.”

For those of you who are not right up on Curie, she was a scientist who discovered the chemical element now on the periodic table called polodium (named after her native Poland) as well as Radium from which we get the word radiation. Curie was a wonderful scientist who was awarded the Nobel Prize in Physics in 1

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Develop disruptive capability

8028312456?profile=originalYou want to be the best in your industry. The leader. The disrupter. Maybe you just want to think like a disrupter so you can understand the risk industry disruption poses to your organisation. No matter the reason, there is a question of capability.

You see, thinking like a disrupter is a mindset. And for traditional organisations it requires a mindset shift. To get you thinking, I recommend you watch this video or read the transcript.

                            Innovation is not enough

It’s a bl

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Attack the uncertainty of disruption

8028307099?profile=originalThere is an adage that attack is the best form of defence. I’m very sure it applies when it comes to disruption.

Last blog I asked if disruption disturbs or excites you and your colleagues. I also gave you some ammunition so you could scare your colleagues into action if that is what it takes to get their attention. And I promised to give you something, so you are not seen simply as the bearer of bad news. That something is that attack is the best form of defence. That thinking like a disrupter w

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Does it Disturb or Excite You?

8028304480?profile=originalDoes industry disruption disturb or excite you? Before you answer, consider this. Innovation is not disruption. Disruption is much, much, much bigger. Disruption turns an industry on its head. It creates massive shifts in markets, in how work is done and even if it is done.

Last blog I wrote about that feeling of being like a deer caught in headlights. I said that it was your job to get your colleagues moving from Assessment to Investment (or divestment) to Execution. Alternatively, I could have

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Just Over the Horizon

8028310895?profile=originalYou and your colleagues may often talk about what disruptor is just over the horizon. You might talk about AI, machine learning, robotics and someone will throw in a comment about “big data”. You might discuss how there is so much hype around future disruptors but little real action. But still, there is an inkling that there is a disruptor for your industry not far away. The problem then is, what might it be?

A big part of the problem is that you are so damn busy with the current challenges and o

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Written by:

Mark Weinberger, Global Chairman and CEO, EY

 

Source:

World Economic Forum


As you read this article, you’re one of over 3 billion people connected to the internet right now. That’s nearly half of the people on Earth. Some of these people are shopping, catching up with friends, or, like you, reading the World Economic Forum’s Agenda. Others are managing global supply chains, responding to customer service requests, or building an app that’s going to change the world. As a CEO, I know that

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I've blogged before about how firms should find a way to let employees be themselves at work. Although, as one kind reader pointed out, that doesn't further the inclusion agenda if being yourself means working in a way that excludes others! Fair point. I buy into this vision. After all, it's one I created, spearheaded and have very publicly sponsored both within my firm and externally. But recently I got to thinking. If I care about inclusion (and I do) and I am passionate about disruption (whic

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"Travel Alert-Travel Safe"


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Travel Alert-Travel Safe: 2011 Business Travel Threats

2010 was an eventful year for business travellers with new and varied events that caused delay, disruption and life safety concerns.

Join our global travel safety and security expert as he discusses:

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  • Key travel threats for 2011
  • Industry and company trends
  • Tips for the year ahead
  • Questions from attendees

 

"Travel Alert-Travel Safe"


Click link below for information/access:


Travel Alert-T

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