The impact of technology is almost always overestimated in the short-term and under-estimated in the long-term. Talent expects leaders to have the right mindset: one that is open, focused on people, and constantly embraces the advantages of technology.
Executives have an enormous opportunity to use technology to help them scale solutions, offer customer-centric products and services, and pioneer new, immersive forms of engagement in today’s business landscape that’s dominated by technology.
Thus, for being productive, it is necessary to improve our sleeping patterns, get adequate exercise, and soak up sunlight on a daily basis. The three necessary variables will not only help increase our effectiveness at work but also make our lives better.
MYTH 1: Performance measurement is easy to understand.MYTH 2: Performance measurement is easy to develop and implement.MYTH 3: The best practices of governance, business planning, and performance measurement are well understood and practised in many organisations.MYTH 4: A supportive organisation climate is not essential for a productive organisation.MYTH 5: Major crown projects in the public sector can never succeed.
The ability to transform ourselves and persuade and influence others depends on the subtleties of effective communication and the fact that thinking impacts emotions, which, in turn, drive behaviour. In order to effectively move someone to action, we must understand how the mind filters information.
The World Bank’s Ease of Doing Business Ranking reflects that India has been able to retrieve its status in respect of keeping favourable business environment in the post-pandemic period.
A generic name for family-run businesses in India, ‘lala companies’ have unique attributes—great rewards…and greater punishment, if the lala stops liking your face!
There is substantial research showing that people who are successful in a holistic way—not just at making money—have high emotional intelligence. Do not confuse intelligence quotient (IQ) with EQ. Effective leaders allow themselves to be emotional privately. They process it, then come back and give the public their best selves, communicating constructively and listening more than talking.
Disinvestment of shareholding and privatisation of public sector undertakings in India, spanning over the last two and half decades, is a mission that did not get accomplished. It was a frontline manifestation of the paradigm shift in the planning process towards national development that the government need not be in business and need only be a facilitator, the dictum still holds true with the present union government.
Creating high-performing teams is a tough thing to do. Keeping them high performing is even tougher.
A family employment policy that establishes educational prerequisites, professional development avenues, hiring policies and a measure of emotional intelligence clarifies expectations to ensure that a family member will only be appointed as CEO if they have earned the opportunity.
Busting the following myths-MYTH 1: Innovation occurs in a dramatic thunderclap of insight. MYTH 2: Innovation occurs organically; it does not adhere to a process that can be taught or followed. MYTH 3: Innovation is the bastion of Silicon Valley gurus working in R&D labs. Myth 4: Speed is of the essence! The most successful innovators create solutions and get them into the market quickly. Myth 5: Customer research can cloud the issue: follow your dreams—go with your gut!