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Humanoid with his knowledge of universe on space background

Embed the Strategy (Do Not Rely on Cascading)

Idea posted: May 2013
  • Strategy
  • Leadership & Change
  • Learning & Behaviour
Institutions: INSEAD

It’s not enough to ‘cascade’ strategy down through the chain of command. Senior leaders need a ‘direct line’ of communication with employees. Decisions about the future of the business need to be explained by those who make them. Supervisors and middle managers help to embed strategy by creating the working conditions that make it possible — not by ‘parroting’ the ideas of senior leaders

Idea #143
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Dr. Stangelove', directed by Stanley Kubrick, 1964, distributed by Columbia Pictures (Source: Wikimedia Commons)

Scenarios Planning + Early Warning Scanning = Strategic Advantage

Idea posted: May 2013
  • Strategy
  • Innovation & Entrepreneurship
  • Leadership & Change
  • Operations

In today’s fast-moving environment, scenario planning (SP) and early warning scanning (EWS) are essential strategic tools. The former imagines future scenarios and helps frame possibilities; the latter highlights new developments in the market. Research suggests these tools work best if integrated as ‘co-specialization dynamic capabilities’ (CDCs). Organizations need to combine both practices dynamically – using scenarios to help frame the context for EWS, and using EWS to help focus on signs that scenarios will emerge.

Idea #144
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Mount Rushmore: George Washington, Thomas Jefferson, Theodore Roosevelt, and Abraham Lincoln (Source: Wikimedia Commons)

Four Capabilities of Great Strategic Leaders

Idea posted: May 2013
  • Strategy
  • Leadership & Change
  • Learning & Behaviour

Intellectual honesty, accountability, and self-awareness are three of the four key capabilities of strategic leaders - leaders capable of inspiring change, innovation, teamwork and competitive performance in their companies and organizations. The final and fourth key capability of strategic leaders is the ability to attract and develop great people - to be a ‘talent magnet’. Boards searching for CEOs, and CEOs searching for a top executive team must interview candidates and select CEOs with these four capabilities in mind. And once successful CEOs and C-

Idea #137
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DIANA, the first computer built by Norwegian pioneer  Jens Glad Balchen at the Department of Engineering Cybernetics, NTNU in mid 1950s (Source: NTNU)

Human Judgement Vs Computer Aided Forecasting

Idea posted: May 2013
  • Innovation & Entrepreneurship
  • Leadership & Change
  • Learning & Behaviour
  • Operations

Is your company about to launch a new product or service into the market? If so, you know how crucial it is to predict as accurately as possible how it will be received; otherwise, you are putting at risk precious time and resources engaged. According to this Idea, there is a way to make an intelligent forecast that involves a combination of human and computer judgement. Faculty from Judge Business School and IE Business School explain how.

Idea #139
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BW of man with telephone

How Time of Day Impacts on Business Conversations

Idea posted: May 2013
  • Finance
  • Leadership & Change
  • Learning & Behaviour
  • Operations

When delivering bad news in a meeting or by phone, the time of day can make a difference in how the news is received. By studying quarterly corporate earnings calls to analysts, researchers showed that the tone of the conversations was more negative in the afternoon than in the morning. In addition, the market had a tendency to overreact to bad news when delivered in the morning. 

Idea #141
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I am half-sick of shadows, said the Lady of Shalott', William Waterhouse, 1916 (Source: Wikimedia Commons)

Homeworking Beats Outsourcing: a 6 Step Model

Idea posted: May 2013
  • Strategy
  • Leadership & Change
  • Learning & Behaviour
  • Marketing
  • Operations
Institutions: Henley Business School

The use of homeworkers as call centre operatives can benefit both businesses and homeworkers. For companies, common advantages include cost savings, increased flexibility, reduced absenteeism and improved customer satisfaction. But there are also potential problems to overcome. By adopting a six-step model, business leaders can plan homeworking projects effectively, identifying the key areas they need to address.

Idea #142
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Forced Entry

When Successful Managers Go off the Rails

Idea posted: May 2013
  • CSR & Governance
  • Leadership & Change
  • Learning & Behaviour

Managers who are solidly established in their organizations and boast impressive track records can suddenly find their careers ‘derailed.’ They no longer have the skills, mindset, personality or reputation that made them effective leaders in the past; eventually they are demoted, fired or asked to take early retirement. New research from the Center of Creative Leadership confirms the causes of such derailment and also identifies what managers and companies can do today to prevent situations that are not only devastating to the individuals but also costly to their organizations.

Idea #136
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Angry Wikipe-tan (Source: Wikimedia Commons)

Using Anger in Negotiations - Real and Fake

Idea posted: May 2013
  • Leadership & Change
  • Operations

Previous studies indicated that in negotiations, the anger of one party would lead to concessions from the other party. New research shows, however, that there is a difference between real anger and feigned anger. While real anger might be effective in negotiations — causing the other party to think of the negotiator as tough and less likely to make concessions — new research reveals that faked anger will actually backfire. The reason being that counterparts in the negotiation see through the feigned emotion, lose their trust in the good faith and sincerity of the negotiators, and thus

Idea #209
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The Fall of Man, Hendrik Goltzius, 1616 (Source: Wikimedia)

Gender and the Use of Deception in Negotiation

Idea posted: April 2013
  • CSR & Governance
  • Leadership & Change
  • Operations

Various factors affect the use of deception during negotiations. Could gender be one of them? Research suggests that men either deceive or do not deceive regardless of the other party’s strategy, whereas the probability that female negotiators will use deception varies according to their belief they will be ‘caught out’ by the party they are trying to deceive and their perception of the other party’s trustworthiness.

Idea #134
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New recruits to the British Army, First World War, Nicholls Horace, © Imperial War Museum (Q 30060)

Onboarding New Employees Successfully

Idea posted: April 2013
  • CSR & Governance
  • Leadership & Change
  • Learning & Behaviour

Employee turnover can be expensive and time-consuming, so organizations need to know how to get the most from and retain the valuable new additions they make. According to recent research, the secret lies in promoting self-expression and encouraging newcomers to bring their unique values and perspectives to the job. Most importantly, this should be done from the first day through a process known as ‘onboarding’. This Idea offers some practical advice on managing the process.

Idea #135
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World War II poster (detail) J. Howard Miller, 1918–2004

The Value of Front Line Managers

Idea posted: April 2013
  • Leadership & Change

Front-line bosses may be far more valuable for an organization than has been previously thought. According to research from Stanford Graduate School of Business, good as opposed to poor line-managers and supervisors can increase organizational productivity by as much as 11% — or the same amount as adding an additional worker to a nine-member team!

Idea #133
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ENRON's Kenneth Lay CEO and Jeffery Skilling CFO, The Houston Chronicle

CEO Connectedness Can Facilitate Fraud

Idea posted: April 2013
  • CSR & Governance
  • Leadership & Change
  • Learning & Behaviour

CEOs have not only explicit legal authority but also substantial ‘soft’ influence (based on relationships, for example) over what happens in the company. This influence extends to wrongdoing, as revealed in new research by University of Michigan Ross School of Business finance professor E. Han Kim and University of Michigan Law School professor Vikramaditya Khanna. According to Kim and Khanna, CEOs who appoint their top lieutenants (thus increasing their soft influence) are more likely to commit fraud. Their research also shows that fraud is less likely to be discovered when CEOs are ‘

Idea #128
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Business woman draws modern business concept

New Priorities for Marketing Leaders

Idea posted: April 2013
  • Strategy
  • Leadership & Change
  • Marketing

The priorities of marketing leaders are rapidly changing. According to a report from Cranfield School of Management, improving marketing’s ability to work cross-functionally and building influence at Board level are currently two of the lowest priorities for marketing leaders. Could this pose a problem when it comes to long-term strategies?

Idea #130
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Idea of the Ancient Via Appia and Ardeatina, Giovanni Battista Piranesi 1720-1778 (Source: Wikipaintings)

Organizational Capabilities Fit for the Future

Idea posted: April 2013
  • Strategy
  • Innovation & Entrepreneurship
  • Leadership & Change
  • Learning & Behaviour

In the past bureaucratic hierarchies were at the core of most organizational structures. Now, things have changed; from established notions of leadership to operating environments, businesses are going through revolutionary times. In this Idea, a new leadership style for this new environment is put forward - one that combines the best of bureaucratic and ‘post-bureaucratic’ experiences to develop capabilities fit for the future.

Idea #132
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Mahatma Gandhi. Photo 1947 Margaret Bourke-White, LIFE Magazine (Source: Wikimedia)

Live and Learn: The Innovation Imperative

Idea posted: April 2013
  • Strategy
  • Innovation & Entrepreneurship
  • Leadership & Change

The success of innovative businesses can be attributed in part to the fact that, by innovating, they learn to face new challenges, which in turn improves their knowledge and skills. Extending their range of experience can lead them to outperform their competitors.

Idea #121
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Some Have Entertained Angels Unawares, Edward Clifford (1844-1907) (Source: Wikimedia)

Creating Harmony: Harnessing Stakeholders to Boost Innovation

Idea posted: April 2013
  • CSR & Governance
  • Innovation & Entrepreneurship
  • Leadership & Change
Institutions: Henley Business School

Collaborative innovation and co-creation between stakeholders can deliver value for businesses.

Collaborative innovation can be defined as: “Working with others, sharing knowledge and learning, and building consensus to invent something new or create a new way of doing something, with a view to realizing shared goals.”

Benefits include more – and better – ideas, reduced risk, increased quality and speed to market, reduced costs, new skills and resources, an enhanced brand, and the ability to create value for the common good.

Idea #122
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LOS ANGELES - JUNE 8: Nintendo showing Wii Fit U for the first time during E3 2012, world video games Expo June 8, 2012 in Los Angeles, CA

Video Games for Learning and Development

Idea posted: April 2013
  • Innovation & Entrepreneurship
  • Leadership & Change
  • Learning & Behaviour

A study by the US Office of Naval Research found that video game players perform 10-20% better in perceptual and cognitive ability than non-game players. Considering most workers today have played video games at some stage of their lives, these are positive findings. Now, organizations are also acknowledging that well-crafted video games can be used to support learning and to develop organizational talent. This Idea explores how.

Idea #123
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Business people in a series with a casual guy doing the headstand

How Team Reflexivity Fosters Innovation

Idea posted: April 2013
  • Innovation & Entrepreneurship
  • Leadership & Change

‘Team Reflexivity’ is the extent to which teams collectively reflect upon and adapt their operating methods and ways of working. This research explores the fundamental belief that highly reflexive teams will be more innovative than teams low in reflexivity, especially when faced with demanding work environments. It is an important predictor of team outcomes and innovation. The researchers explore why teamwork is better and more effective than individual acts and innovation.

Idea #125
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Concept of euro money or cash flow, either positive or negative.

Community Banks Offer a Better Business Logic

Idea posted: April 2013
  • Strategy
  • Finance
  • Leadership & Change
  • Learning & Behaviour
Institutions: IESE Business School

What can large institutions learn from smaller enterprises such as community banks? According to this Idea, reconnecting with communities in vital and lasting ways is an essential lesson — offering a logic that is the opposite to the ‘financial’ logic that has driven many organizations into difficulties. By reviewing the logic that drives your firm, damaging consequences in the future could be avoided. 

Idea #126
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Costume Partee

Unseen Dangers of Positive Stereotyping

Idea posted: April 2013
  • CSR & Governance
  • Leadership & Change

Executives and human resource managers are always on the lookout for demeaning language and negative stereotyping, realizing that any pejorative phrase tinged with racist or other discriminatory connotation is offensive, creates a hostile work environment, undermines the culture of the company, and can eventually lead to expensive litigation.

But what of supposedly ‘inoffensive’ positive stereotypes — joking, for instance, that blacks are more athletic (an all-too common example)? Research by professor Aaron Kay of Duke University’s Fuqua School of Business reveals that positive

Idea #116
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Alistair Sim as Scrooge, A Christmas Carol, 1951, United Artists

Don't Let CFOs and Accountants Slow Innovation

Idea posted: April 2013
  • Finance
  • Innovation & Entrepreneurship
  • Leadership & Change
Institutions: INSEAD

What can you do when penny pinchers get in the way of your disruptive ideas – ideas that may bring the critical changes your company needs? Firms with a greater degree of accounting conservatism are less innovative because of an obligatory accounting practice of immediately provisioning for future losses. How can you get the breathing space necessary away from the demands of shareholders and the market to innovate and bring about change?

Idea #117
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The Hare and the Tortoise, The Fables of Aesop, Thomas Bewick (1753-1828), Source: The Bewick Society

Advantages of Confidence and Dangers of Overconfidence

Idea posted: April 2013
  • Leadership & Change
  • Learning & Behaviour

Confidence can be a useful quality for leaders to demonstrate when they wish to gain stature, credibility and influence. But what happens when a leader acts overconfidently? The past is overpopulated with overconfident leaders who have led their companies to disaster. Finding the balance between leveraging the benefits of acting confidently and avoiding the dangers of overconfidence is crucial. This Idea explores how to do so.

Idea #118
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Young woman working as a telephone operator

The Cost of Rudeness and Incivility at Work

Idea posted: April 2013
  • Leadership & Change
  • Learning & Behaviour

Rudeness at work is on the rise, according to the latest research from two academics who have studied the phenomenon of incivility in the workplace for many years. The consequence of such rudeness is not just an unpleasant environment for employees. As the research by Christine Pearson, professor of global leadership at Thunderbird School of Global Management and Christine Porath, an associate professor at Georgetown University’s McDonough School of Business, shows, there is a significant, tangible cost to the company resulting from this behaviour. 

Idea #119
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Script the Change, Then Make It Happen

Idea posted: March 2013
  • Innovation & Entrepreneurship
  • Leadership & Change
  • Learning & Behaviour

Change initiatives often fail for a reason that may seem obvious in retrospect but is often overlooked: no clear and detailed vision of a future with the change in place. What is the new environment? Who is doing what? Writing a movie script of the change — starting with the ideal future then imagining the story of how that change can be achieved — inspires and guides the change initiative, injects creativity into the change process, and reveals inconsistencies and challenges that can block successful implementation.

Idea #113
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American Gothic, Grant Wood, 1930, Art Institute of Chicago

Mars Vs Venus: Gender and Self-Image in the Workplace

Idea posted: March 2013
  • Leadership & Change
  • Learning & Behaviour
Institutions: IE Business School

When it comes to assessing their leadership capability, men and women react quite differently to feedback from their peers. Women are more inclined to take co-workers’ views about them to heart. The way forward for both sexes’ development as leaders is to understand these peer opinions, close the gaps discovered, and seek the right support to build on their leadership competencies.

Idea #108
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Financial Literacy to Get Women on Board

Idea posted: March 2013
  • CSR & Governance
  • Finance
  • Leadership & Change
  • Learning & Behaviour

What competencies must be displayed by individuals aiming for board-level positions? Traditionally, the answer to this question would include things like knowledge, motivation and networks. While those are certainly still relevant, new research suggests a finance qualification, or background in finance, is also a key influence — especially when the candidate in question is female.

Idea #104
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Female Directors Create Corporate Sustainability

Idea posted: March 2013
  • CSR & Governance
  • Leadership & Change

Recent research and management thinking often stresses that diversity, especially gender diversity, is a critical factor in improving the quality of a company’s leadership and decision-making. But could it also impact the overall financial, environmental, and social impact of an organization as well?  

Idea #105
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Culture Club: Coaching by Values for Corporate Success

Idea posted: March 2013
  • CSR & Governance
  • Innovation & Entrepreneurship
  • Leadership & Change
  • Learning & Behaviour
Institutions: ESADE

How can leaders create the right corporate culture to confront the myriad levels of complexity in today’s turbulent business environment?

The emerging concept of ‘coaching by values’ (CBV) provides a flexible framework to help them reengineer their organization’s corporate culture and create positive outcomes for all stakeholders.

Idea #106
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Women jumping in the water

Business Relationships: Test the Water or Take a Leap of Faith?

Idea posted: March 2013
  • Leadership & Change
  • Learning & Behaviour
  • Marketing

Professional relationships built slowly and consistently over time are more likely, in the long run, to be more stable, robust and cohesive. When embarking on a new relationship with a client, co-worker, or employee - we can fast-track that solidarity with early, frequent and consistent interactions to create a sense of momentum.

Idea #002
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Anchorman: The Legend of Ron Burgundy, 2004, directed by Adam McKay, starring Will Ferrell. Also also written by Ferrell and McKay. Distributed by  DreamWorks Pictures

Balancing Extravert Leaders and Pro-active Employees

Idea posted: February 2013
  • Leadership & Change
  • Learning & Behaviour

Despite both being characteristics which are promoted in many organizations, leadership extraversion and employee proactivity are uneasy bedfellows. This research suggests that extraverted leaders are less receptive to proactivity, and that they may only enhance group performance when employees are passive. 

Idea #006
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