From 1 April 2016, under the terms of the Modern Slavery Act, UK businesses with a turnover of £36m and over will be required to make an annual statement which sets out the steps being taken to stamp out slave and child labour from supply chains. If you’ve never heard of it then you’re not...
IT Savvy business leaders are the new requirements for access into C-Suite positions. That means they communicate an organising vision which affords a central role to leveraging IT for value creation; they engage themselves in strategic IT decisions and insist that their top management team does as well; they construct an equal partnership between business...
The widespread neglect of behaviour in organisations creates a tremendous opportunity for transformative business leaders — those elite few who are willing to invest the time, focus and energy to do something new to achieve something great. Behaviour change isn’t instant or effortless. The process isn’t flashy and doesn’t typically capture headlines like other advances...
Business growth is one of the most talked about subjects in the entrepreneurial world. Unfortunately, much of that talk is based on faulty assumptions or erroneous beliefs about business growth. So, thinking about business growth, what comes to mind? Well, growth is essential; in fact, businesses either grow or die. Growth is a nice linear...
Many organisations fail to achieve their desired growth targets in revenue and profitability. Most businesses fall short of achieving their growth objectives for revenue and profitability. In fact, studies report success rates as low as 20%. So why is growth so elusive? Based on our research and experience, there are two major reasons: * Inadequate...
So as you may have seen in our previous post, we do not believe that brainstorming—that go-to approach to generating new ideas since the 1940s—is the golden ticket to innovation after all. Science shows that brainstorms can activate a neurological fear of rejection and that groups are not necessarily more creative than individuals. Brainstorming can actually be...
Brainstorming seems to be part of every manager and leaders toolkit and undoubtedly, for many situations, brainstorming is a useful tool – however brainstorming is often utilised to encourage innovation but is it really the way to encourage creative thinking in 2016? Merriam-Webster defines brainstorming as: a group problem-solving technique that involves the spontaneous contribution...
[icegram campaigns=”412″] As we discussed in a separate blog post Why a flat structure maybe strangling your business it is important for a developing business to periodically reconsider its structure in line with the growth and complexity of the organisation. Many businesses start out with a Flat organisational structure yet do not review this as important changes occur...
Plain and simple, every business needs organisational structure which determines how the organisation will operate. It can include employee communication, scheduling, delegation, payroll, human resources, and every other aspect that makes the company operate on a day to day basis. Two of the most widely accepted structures found in work-places around the world are a...
For companies of all sizes, a strong sense of accountability can play a big factor in building a healthy, engaged culture. When employees feel that others are held accountable for their actions, they are more motivated by the sense of equity, fairness and justice, knowing that performance matters. Accountability means answering or accounting for your...
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