ChangeThis RSS
"Globalization until very recently meant Western companies exporting their products, leaders and ways of doing business around the world. That is now changing and today executives face a bewildering level of uncertainty in the multi-polar world that is fast emerging. If you are doing business in Africa, you are now likely to face significant competition from local players, as well as from Indian or Chinese companies that have emerged onto the global stage. The leadership teams of many multi-nationals were often literally a pale reflection of the international community, but slowly increasing diversity is evident in boardrooms and senior teams. But how do you deepen this diversity and make it work productively? ... A range of convergent evidence from neuroscience, behavioral genetics, values surveys, as well as our own research with thousands of leaders globally, identifies certain Cultural DNA themes for each of the world's main societies and their associated leadership implications."
Continue reading
"If you looked at the way entrepreneurs act, you would be tempted to conclude there is not a lot to be learned from studying them. You would have to be Bill Gates to start Microsoft and Oprah Winfrey to begin Harpo. But if you look at the way they think, you will discover amazing similarities.
When successful entrepreneurs head off into the unknown—and there is nothing more unknown than starting a new company—they ... reduce it to a formula. They: Act. Learn. Build (off that learning.) And Repeat.
But notice what is going on, because the steps are small, and so is what it puts at risk. It's a way of keep potential failures from being devastating."
Continue reading
"The drugs that businesses are addicted to are discounts, coupons, BOGOs, off-price flyers, free-with-purchase offers... the list of ways to get that short-term sales high goes on. Too many good marketers are engaging in bad, self-defeating, costly behavior, with an over-reliance on incentives, and all the accompanying mass advertising required to promote them.
If you have to continuously discount your product or service, or scream to the largest possible audience in order to get people to notice you, and to care enough about you to buy—then your business isn't healthy. Either you're offering goods or services people don't really want, or your brand is failing to demonstrate a compelling value proposition that meets consumer expectations for your category.
Brand leaders across North America have become overly fixated on dealing with the symptoms of their pain, rather than addressing the core issues that cause them to have to resort to bribery just to get people to buy. And the proliferation of incentives and advertising has become so bad that many businesses are now overdosing on these short-term stimulants."
Continue reading
"We started with nothing. Now we have something. The receptacle is no longer empty. This makes all the difference.
Through carelessness, inattention, or miscalculation, we may inadvertently overfill it to the detriment of the whole. Additions once led to improvement. Beyond a certain point, that is no longer the case. Additions begin to make things worse.
When our additions get out of control, the plot becomes jumbled, the colors muddied, the flavors discordant or overpowering. The new pieces do not simply add less than the previous pieces—they actually diminish the value of the whole."
Continue reading
"Earth shakers figuratively shake the ground on which we work and live. They stir people to action to address tough problems. They mobilize people to fix what is flawed or broken. They generate movements to tackle complex issues. They transform teams, organizations, communities, and nations. They help us to think differently about the world, and to take actions to make it a better place.
The earth shaker is a global change agent. They may operate at the local level or on the international stage but they appreciate how global forces and dynamics affect local forces and dynamics, and vice-versa. Given the interdependent nature of complex problems, they know they must cross borders and boundaries to get anything significant accomplished, as problems cannot be resolved in isolation.
We need earth shakers because globalization presents a whole new set of challenges for which traditional forms of leadership cannot resolve. Globalization generates forces and dynamics that produce unintended and unexpected consequences—surprises—some that are delightful and some that are threatening and outright scary."
Continue reading