McKinsey defined capabilities as “crucial value-building elements or the hard and soft skills needed to help organizations reach—and sustain—their full potential.” We are aware that most businesses fall short of expectations when it comes to capabilities during enterprise-wide transformation initiatives. Most businesses understand the value of having a talented and dedicated team, yet many still…
Nobody could have foreseen the talents required to succeed in today’s economy fifty years ago. Most changes were totally unexpected. For instance, the increase of rigorous quantitative skills in the financial, advertising and healthcare services. Moreover, the rapidly collapsing distinctions hard and soft skills was unpredictable. Punit Renjen, CEO of Deloitte Global, believes that a…
A Paradigm Shift Delivers Vastly Improved Performance. A 2,000-ft bridge in Norway was built using 3D models, unlike other large-scale building projects. They omitted the usual two-dimensional construction blueprints, which show how contractors translate designs into final projects. This is a new technique for planning and building projects. This method helps save time and money…
Culture should support its mission and strategy. Purpose has recently become a critical component of running a business, serving as the guidance and impetus for all firm actions. However, there is often a significant disconnect between a firm’s purpose and what its people experience; therefore a simple communication campaign touting the excellent new company purpose…
It’s difficult to sustain a unified culture when most of your employees regularly work from home. The ‘hybrid work’ approach to work has been proven to greatly affect company culture. A Harvard Business Review (HBR) and PwC’s Global Culture Survey found that employees who remotely work felt more excluded and found it hard to sustain…
HBR’s (Harvard Business Review) analysis demonstrated that disengagement with workplace politics is a result of a toxic culture. Negative politics can have a nasty downside and can derail relationships and performance. And once it becomes part of the organisation’s culture it can be exceedingly difficult to remedy. Among the negative experiences were exclusions from informal…
What is Workforce Ecosystem Management? MIT Sloan Management Review and Deloitte define Workforce Ecosystems as a structure that aligns business and workforce strategies. Successful leaders are understanding the complexity of these workforce ecosystems and modifying their management techniques to support these new systems, according to this report, as firms increasingly rely on both internal and…
“The pandemic is not done, and corporations must be prepared for whatever the pandemic throws at them next, with the Omicron BA.2 strain and its progeny growing prevalent and protection to infections and immunisations fading.” Patricia Toro, Jeff Levin-Scherz, and John M. Bremen According to the authors, most of us suffer from pandemic fatigue after…
5 Practices for an Inclusive Hybrid Workplace A hybrid workplace paradigm combines in-office and remote work to provide employees with flexibility and support. Employees in a hybrid workplace often have more autonomy and a better work-life balance and are therefore more engaged—building a more productive, healthy, and stable workforce that benefits employers. When developing hybrid…
“Research has shown that toxic cultures cost U.S. companies almost $50 billion per year, and toxic culture was the single biggest predictor of attrition during the first six months of the Great Resignation.” Purushothaman and Stromberg. Yes, toxic rock stars can deliver today but one cannot ignore the long-term impact of these culture bullies on…