READ THE FULL GRAPHIC VERSION Leaders need to simultaneously cooperate and compete In the emerging global economy, companies are realizing that a substantial part of their value proposition rests on their ability to forge relationships to add value to their customers.The environment for business is continually changing: technology has enabled new levels of international trade … Read more
READ THE FULL GRAPHIC VERSION Complex challenges demand a dynamic balancing act Japan has the most hospital beds per head in the world: nearly five times as many as the US. It has had a relatively low number of Covid-19 cases: a total around 25,000 at the time of writing, compared to 4 million and … Read more
READ THE FULL GRAPHIC VERSION Covid-19 has checked globalization. It’s time for a new deal between business and people The world, author Thomas L Friedman told us in 2005, is flat. As he quite rightly noted, a series of “flatteners” were even then coming together to globalize supply chains, outsource work, offshore work, and otherwise … Read more
READ THE FULL GRAPHIC VERSION The world failed to learn from 30 years of novel diseases. We must be better prepared for the next pandemic The globalized world of the new millennium has become highly vulnerable to epidemics of infectious diseases. It is a vulnerability that has been underscored by several recent pandemics, including Covid-19. … Read more
Master the art of reframing to make sure you’re focusing on the right things. Thomas Wedell-Wedellsborg shows how How much do we waste – time, money, energy, even lives – by solving the wrong problems?Many people, especially leaders, are good at solving problems. What we tend to be less adept at, as individuals and … Read more
READ THE FULL GRAPHIC VERSION Camelia Ram looks at how leaders can stay focused on long-term goals in the face of short-term shocks When we make any decision, we are trying to bridge the gap between a current state and some state in the future which we want to be true. The space between those … Read more
READ THE FULL GRAPHIC VERSION The paradigm has changed. Leaders need to rethink strategy from first principles, argues Tony O’Driscoll Over the past quarter-century as a business school professor, I have almost invariably begun courses with one simple question: “Why do firms exist?” Equally invariably, students respond: “Firms exist to make money!” When I ask, … Read more
READ THE FULL GRAPHIC VERSION Rita Gunther McGrath corrects some incorrect assumptions When the ratio of assumption to knowledge is high, spending a lot of time on elaborate spreadsheets is senseless. Post-Covid-19, assumptions have the upper hand. It’s time to question them all – starting with those about cost-saving and efficiency. A certain kind of … Read more
READ THE FULL GRAPHIC VERSION Accounting for innovation requires a dedicated set of metrics I recently had a familiar conversation – again – with a fellow student of the innovation process. “It’s always the CFO,” he said in discouragement, “being so risk-averse that they become a real roadblock to the whole innovation and growth process.” … Read more
READ THE FULL GRAPHIC VERSION How are organizations around the world creating more inclusive cultures? Kevin Anselmo and Patrick Woodman report The business case for diversity and inclusion is now indisputable. According to PwC, 85% of companies with a formal diversity and inclusion strategy reported an improved bottom line. McKinsey has shown that firms in … Read more