Companies that are facing industry disruptions are bad enough; during these times leadership faces the most important test – the ability to lead during a crisis. The need of foresight, change and organization design are what true leadership looks like. Some sees this an opportunity to gain power and fulfill their thirst for greed and this needs to be stopped. Because strategic leadership matters… whether through malice or naïveté, those who abuse or tolerate the abuse of leadership place companies at risk.
Poor leadership cripples businesses abilities to accept new realities, correct mistakes and make strategic bets. At lower levels in the…
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The world is suddenly obsessed with smart technologies and this time around it seems unstoppable. Our everyday electrical and mechanical industrial object will now be occupied and ran by software and connected to the cloud. It also means each object (as small as some smoke detectors and as large as automobiles) will now be equipped with tons of sensors and can be able to adapt to different environment and individual needs.
It is essential that the next wave of industrial revolution will make us more efficient and empowered (and more human I…
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In business school we are taught the difference between a good decision and a bad one, and how to leverage a good one to get the most out of it. We are also taught that the best decisions are those that minimize risk and produce the highest return.
On the ground, management decision-making is never that simple.
We want managers to have a vision for the long term but be flexible enough to respond to competition in the short term. We want them to produce consistent results and yet experiment with innovative ideas for growth. We want both change and stability.
If change is the only constant, its constant companion is the avoidance…
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Ask 100 smart senior executives or manages about their last company
offsite and most of them will probably tell you that it was anything but productive, or borderline disasterous.
Some might say it was painful. A few will admit that they were absolute waste of
time and money. Planning an offsite is not easy, managing the aftermath is even worse if it was not a great one.
Over the years, I have organized thousand of these offisites meetings, and I’ve spoken at…
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The new M/I/S/C Bounce Back issue is out in newstand.This issue is packed with great articles about how companies should deal with adversity. It is one of the best issues ever.
For the last few years, magazines have made failure romantic, and start-ups love their failure stories. It’s true, there are some great stories out there: at the top of the list is Steve Jobs who was…
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This has been a very tough two months for me in terms of time and I have not been spending much time writing my blog as much as I used to. It is getting a bit difficult to find the time as we were going through a reorganization, adding new offices, putting new management system in place and at the same time trying to finish my two books on the weekends which will be published in May and Oct this year.
I am excited about my new Design Thinking and Strategic Innovation book that I hope to fill a gap in the market place. And management of the company is taking…
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For centuries we show our human spirit with
stories about our glories,hopes, desires and dreams for
a better future, one filled with modern machines that enable us to do things we long
to do from being invisible or traveling in flying cars or telepods (may be not telepods as
I always worried that something would go missing during the transmission). These stories
manifested itself in art, comics, fictions, movies and even science discoveries.
What was known as “futurism” is
the artistic movement that began in…
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You want to be more creative? Sometimes it is not about trying
harder to act creative. I see a lot of people trying too hard. Sometimes it’s not just about giving one the space to be
creative. Sometimes it is just being
strategic. And sometimes it means apply a healthy dosage of common sense.
is more valuable than creativity.
Not everyone needs to be “creative” the same way as other think you
should be “creative”. It is not about ideas. It is an…
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I like the lastest Bond movie and
the only thing I missed is smart gadgets. Bond needs to have latest tech toys. I don’t want to see Bond becoming Jet
Li. Half the fun of watching a Bond movie is reveling in the odd ingenuity of
the clever devices. Bond needs all the tech innovation he could use. Her Majesty's government is not investing enough in innovation for sure. Mi5 has a lot of catch up to do. Perhaps they should retain Idea Couture to develop an innovation roadmap? I might get a call from Sir Jonathan Evan!
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been teaching and practicing design thinking for business for the almost ten
years and over the years I saw the growing interest of design thinking among both
business and design communities. Take away the aspiration side for now
including notion such as design thinking to change the world etc., design thinking in business
is barely understood let alone bring practiced widely. This is the time when businesses
have been desperately looking for the next big thing – think the management
“wonder drug”. Lets
put some thought into this, is “design thinking" helpful or is it just a
hype that is exporting the dogmas of design to business strategy? Design
industry is having their own…
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