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Harvard Business Review

6 Reasons Your Strategy Makes Your Company Ineffective

Most efforts to transform organizations will fail, writes Michael Beer, the Cahners-Rabb Professor of Business Administration, Emeritus, at Harvard Business School. "And, in most cases, these efforts will miss the mark not because the new strategy is flawed, but because the organization can’t carry it out," according to Beer's recent article on strategy. To survive the pandemic, Beer writes, leaders must examine six hidden barriers that make their companies ineffective: Unclear values and conflicting priorities Ineffective senior team Ineffective leadership styles Poor coordination Inadequate leadership development Inadequate vertical communication Click for article  

It's Time for a C-Level Role Dedicated to Reskilling Workers

Automation and artificial intelligence are prompting big companies such as Walmart to retrain their workforces, according to André Dua, Liz Hilton Segel and Susan Lund in a Harvard Business Review article. The researchers estimate only 5% of all jobs will become fully automated, but activities in nearly all jobs will evolve.   In this age of rapid technological change and disruption, companies need to retrain their workers, and it's going to take someone big to oversee retraining at such massive scale. Click for article  


Even at the most respected companies that follow meticulous succession processes, well-suited candidates may not even make it into the shortlist because they get overshadowed by “safe” or “chosen” candidates, according to a Harvard Business Review report. The report identifies three reasons companies often pick the wrong leaders. Likability, it turns out, counts more than it should. Research shows that highly decisive leaders are 12 times more likely to excel as CEOs, but they tend to ruffle feathers. Their performance reviews might include statements such as "doesn't play nice in the sandbox" and "needs to soften her approach." Click for article    

Where Cash is Still King

"Digital-commerce sales worldwide are expected to hit $4 trillion by 2020, about double of where it is now," according to a report published in the Harvard Business Review. "A major hurdle is the continuing stickiness of cash, which has not been displaced by digital alternatives despite myriad options."  Consider today's digital landscape: Digital technology is widespread and spreading fast. Digital players wield outsize market power. Digital technologies are poised to change the future of work. Digital markets are uneven. Digital markets must still contend with cash. Click for report
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