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Adam Forepaugh and Sells, Circus Poster, 1899 (Source: Wikimedia Commons)

Ten Critical Skills for Tomorrow’s Workforce

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

Bearing in mind the number of changes or ‘disruptive forces’ which are radically affecting the current business environment and will impact workers and companies over the next decades, this Idea suggests 10 critical skills that every worker will require in the future, to ensure success in their careers and to contribute effectively as professionals.

Idea #045
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Rainbow people

An Holistic Understanding of Management

Idea posted: January 2013
  • Innovation & Entrepreneurship
  • Leadership & Change
  • Learning & Behaviour
Institutions: IESE Business School

Organizations should rethink management development, taking into account that the challenges faced by managers, during a time of social and economic crisis, can be better overcome by an integrative, holistic and humanistic approach to management. 

Idea #053
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The Chinese Business Leaders of the Year pose for a group photo, Horasis Global China Business Meeting, 2011 (Source: Wikimedia)

Developing Business Leaders in China

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

A critical way of developing more effective leaders for China-based companies is through lessons based on events they experience. By paying attention to which events or on-the-job experiences are the most developmental, Chinese companies can help their leaders grow and maintain a broader talent pool.

Idea #054
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3:10 to Yuma, is a 2007 production directed by James Mangold produced by Cathy Konrad, starring Russell Crowe and Christian Bale, distributed by Lionsgate Films and Columbia Pictures

Leadership: Beyond the Western Model

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

Understanding and relying on traditional Western models of leadership alone is no longer sufficient in a world where most companies operate globally. Progressive organizations need to accommodate cultural differences and approaches to leadership. It is crucial that their managers learn to understand and adapt to this and work hard to acquire the competencies needed to prosper. 

Idea #055
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‘Red Dwarf - Series II’, starring Chris Barrie (Rimmer), Craig Charles (Lister), Danny John-Jules (Cat). First broadcast in 1988, Red Dwarf was created by Rob Grant and Doug Naylor and ran on BBC2 for eight series. In 2009, the show was brought back for a three-part special by UK digital broadcaster Dave © 2013 Grant Naylor Productions (Source: www.reddwarf.co.uk)

Better and Fairer Management Control Systems

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

Management control systems can be formal and/ or informal, fair or unfair. In order to achieve an organizations overall goals, the best systems are fair and formal, with the users of the system also fair. The opposite, an unfair system with unfair users (i.e. two unstable states) leads to total goal incongruence – a not unusual state which can be very damaging to any organization.

Idea #061
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Chinese Folk Art (Source: Cultural-China.com)

Chinese Philosophy: Lessons for Western Leaders

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

Some of the limitations in Western leadership theories can be overcome by using classical Chinese philosophy as a mirror to hold up against them. Chinese philosophy offers a different way of thinking, focusing more on relationships than the leader in isolation. These ideas can help find alternatives to current leadership models. 

Idea #065
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Abstract image of human heads

Adaptive Leadership: Leading and Following

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

This new approach sees leadership as a socially complex and ‘adaptive’ process that is not constrained by traditional hierarchies and is thus very suited to modern progressive ways of working. Recurring patterns of leading and following interactions produce emergent leader-follower identities, relationships and social structures, which enables groups to evolve dynamically. This ‘adaptive leadership theory’ offers a basis for re-examining traditional theories that focus instead on, for example, individualistic or hierarchical views of leadership.

Idea #066
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Signing the contract

Narcissistic CEOs – A Signature for Poor Performance

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

Have you ever worked for a bit of a self-obsessed boss? You weren’t imagining it; corporate narcissism is an actual and not unusual phenomenon. It can even eventually diminish firm performance and is therefore something to look out for. Now, research suggests that the size of a CEO’s signature may give a clue as to how big their ego is. 

Idea #080
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The Women's Land Army, Bellingham, 1943

Maximising Employee Performance

Idea posted: January 2013
  • Leadership & Change
  • Learning & Behaviour
Institutions: London Business School

Aligning the personal goals of employees with organizational goals can bring huge benefits but it is not easy. This Idea looks at the benefits of a management model based on the perspective of the employee, which can provide better communication with employees and, as a result, more effective performance from them; and suggests some ways to go about it. 

Idea #084
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 ENRON, 2010, Written by Lucy Prebble, Royal Court Theatre, London

Corporate Scandals: Causes and Cures

Idea posted: January 2013
  • CSR & Governance
  • Finance
  • Leadership & Change
  • Operations

US corporate scandals plagued the early 2000s, with Enron, Tyco, and WorldCom becoming notorious. The 2008 financial crisis bred Libor rate-fixing and other cases of serious misconduct. Loss-hiding at Japan’s Olympus Corporation was exposed in 2011. In 2013 Shell, BP, Statoil and others came under investigation by the EU Commission for supposed oil price rigging. Fined, sued, disgraced and sometimes collapsed the consequences for organizations can be dire. What preventive measures should be put in place to ensure organizations do not fall prey to such outcomes? 

Idea #085
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The intransigence of Captain De Chaumereys, the ultimate unethical leader, led to the wreck of the Medusa in 1816. Painting by Théodore Géricault, 1819, Musée du Louvre (Source: Wikimedia)

Ethical Leadership in a Crisis (and to Avoid Crises)

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

No leader wants to wake up to discover a major disaster that their organization is responsible for has taken place. But crises can be unavoidable and this Idea considers the role of ethics in crisis management, and how an ethical corporate culture can help when disaster strikes. Using the 2010 BP oil spill as an example where ethics were not applied in crisis management, it also shows how applying ethics to management decisions can avoid disasters occurring in the first place.

Idea #092
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Leadership Development: Up Close and Personal

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

Leadership courses that focus on the personal development of participants can play a significant role in transforming potentially regressive experiences into material for learning, experimentation, and growth. It is this “personalization process” that enables ongoing leader development.

Idea #001
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Liberating Knowledge in the Organization

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

It is a universal challenge for large organizations: the larger and more segmented the company, the harder it is to match its people to its problem. This Idea looks at how internal ‘knowledge markets’ can facilitate information sharing within large organizations; helping employees locate expertise and matching knowledge seekers with knowledge sources.

Idea #020
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Mad Men, 2007 premiered on AMC, created and produced by Matthew Weiner, Lionsgate Television

Managers Who Undermine the Meaningfulness of Work

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

A sense of working toward something meaningful is absolutely central to our happiness and well-being. Sadly, many senior executives undermine their employees’ creativity and productivity by inadvertently denying them this meaning. There exist common traps which even the best-intentioned managers will fall foul of in this regard. A loss of meaningfulness in the work lives of employees has obvious long-term implications for the overall health of an organization. This Idea identifies those traps and shows how we can avoid them.

Idea #052
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E.T. The Extra-Terrestial, 1982, co-produced and directed by Steven Spielberg, starring Drew Barrymore, Universal Pictures

Make Your Enemies Your Allies

Idea posted: January 2013
  • Leadership & Change
  • Learning & Behaviour
  • Operations

Has an antagonistic relationship at work ever cast a cloud over you and your team? It happens to us all. Rivalries at work are natural. But they can be so destructive for the organization as a whole; sapping energy and blocking progress. Here’s a three-step method to help turn your rivalries into productive relationships, and turn your enemies into allies.

Idea #056
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Inspiring Indian Business Leaders’ Development

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

The most effective leadership development breakthroughs for business leaders in India come from events during their lives and on-the-job experiences; and not necessarily through classroom learning. This Idea explores that research-based notion, and the important role senior leaders have to play in becoming inspiring bosses and positive role models.

Idea #057
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Graphic of staff superimposed on a background of skyscrapers

Creating a High Integrity Corporate Culture

Idea posted: January 2013
  • CSR & Governance
  • Leadership & Change
  • Learning & Behaviour
Institutions: INSEAD

At what point do employees realize, if at all, that they are making an inappropriate decision? And what interventions are available to help ensure they make the right ones? When employees fail to act with a strong sense of integrity, there are conscious and unconscious factors at play. Leaders should be aware of these in order to create and sustain a corporate culture where doing the right thing becomes second nature.

Idea #058
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Driving Risk Appetite Higher or Lower: Penalties Vs Rewards

Idea posted: January 2013
  • CSR & Governance
  • Finance
  • Innovation & Entrepreneurship
  • Leadership & Change

‘Innovate or die’ we are told. What if an organization’s ability to innovate could be enhanced by managing risk-taking behaviour through monetary incentive schemes and through a culture that tolerates failure? In this Idea we identify the precise levers that shift risk appetite, and show how they can be tweaked to foster innovation.

Idea #059
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Bricklayer to Architect: How Managers Become Leaders

Idea posted: January 2013
  • Leadership & Change
  • Learning & Behaviour
Institutions: IMD

Many executives making the shift from leading a function to leading an enterprise can stumble as they take the step up. It’s tough to do. We are asking someone to shift from left-brain, analytical thinking to right-brain conceptual mind-sets. It’s a big change. Michael D. Watkins highlights seven Seismic Shifts here that allow the emerging leader to do that over time: to draw focus from a wider lens, and make the transition successfully.

Idea #060
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Last Call for Social Media Sceptics

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

Social media sceptics have all but scurried back into the woodwork. The game is up and the die cast: social media is here to stay. Each week the ‘fad’ seems to blow open a new way of doing things in a different industry; democratizing our flow of ideas even further. The scope of opportunity for science, art, and business here – seems infinite. But what role can leadership play to facilitate those opportunities and create value for their organizations?

Idea #062
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The Leopard, 1963, directed by Luchino Visconti, starring Burt Lancaster, Claudia Cardinale and Alan Delon, 20th Century Fox Pictures

Charisma or Miasma: Seduced by the Charismatic

  • CSR & Governance
  • Leadership & Change
  • Learning & Behaviour
Institutions: University of Florida

Charismatic CEOs come across as higher achievers, and charisma has often been thought of as a must when hiring CEOs, but a large number turn out to be overpaid and underperforming. Boards should measure performance over personality when hiring and compensating CEOs.

Idea #026
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