Nearly all business risks can be sorted into one of four categories: financial, operational, external, and strategic. Typically, senior managers are tasked with looking out for financial, external, and strategic risks — with good reason. Over a 20-year period, these...
We tend to think that what happens every decade, in fact, only happens every century, and, furthermore, that we know what’s going on. Nassim Taleb When I started writing the book Future-Proof Your Business to Survive and Profit from Radical Change, I made a list...
As the world moves faster and becomes more connected, one leadership style is best for innovating.
Leaders often assume that rules of competition will stay the same, even though they know the future is a volatile place. This is true of mature companies with rigid approaches to planning, but it’s also true of nimble startups.
At the end of the day, nothing is more valuable than survival. If you invest in innovative companies, and you want to see outsized performance, you should consider whether that innovation creates resilience for you, your investment and its customers. In this guide, I’ll show you how to identify innovations that will extract value, no matter what the future brings.
Leaders must project confidence. Their teams look to them for vision and stability, especially in volatile times like these. But confidence without a thorough understanding of what’s to come has another name: hubris. You don’t want to have the confidence of the...
Reposted from Forbes With all the time that companies invest in strategic planning, it’s surprising how little true strategy emerges. We see financial plans and near-term tactics, but few firms position themselves more than one or two chess moves ahead. Then...
Reprinted from HBR What would you do if one of your largest competitors attempted to force a takeover, your supply chain was obliterated, and your cash cow business imploded — almost overnight? This is exactly what happened to HP in early 2020. By all rights, the...
By Jonathan Brill and Dorie Clark When engaging in career planning, many of us end up unintentionally focusing exclusively on optimistic scenarios: “I want to do X, so I’ll do A, B, and C to make it happen.” Of course, there’s nothing wrong with a bit of healthy...
The global economy has consistently expanded over the last 250 years, driven primarily by two things: population growth, and relentless creativity. This innovation has touched every area of human productivity, first in agriculture, energy, and manufacturing, and more...
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