Leading by Weak Signals

Leading by Weak Signals
Title Leading by Weak Signals PDF eBook
Author Peter Gomez
Publisher Walter de Gruyter GmbH & Co KG
Pages 266
Release 2023-10-02
Genre Business & Economics
ISBN 3110797925

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Master complex problems and face radical uncertainty by unleashing the power of small data Is your business using data to its optimum potential? In complicated well-structured problem situations, executives rely on Big Data. However, when faced with complexity and uncertainty they are challenged to skillfully handle Small Data. Leading by Weak Signals argues that impending dangers, new business opportunities or innovative ideas may be missed when data are classified as simply not "big enough." This insightful book with its new approach initiates a radical shift in perspective from running the business to changing the business. While Big Data are very well suited to run a business efficiently, Small Data lay open phenomena which are connected to transforming a company, like inflection points, scale changes, or critical transitions. The authors present practical business examples and an 8-step framework to implement their ideas in teams and on the individual level. This offers reflective practitioners a guideline for leveraging the enormous potential of weak signals for effective strategy development and operational execution in times of uncertainty – and gives them the competitive edge they need to succeed.

Leading by Weak Signals

Leading by Weak Signals
Title Leading by Weak Signals PDF eBook
Author Peter Gomez
Publisher Walter de Gruyter GmbH & Co KG
Pages 234
Release 2023-10-04
Genre Business & Economics
ISBN 3110797887

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Master complex problems and face radical uncertainty by unleashing the power of small data Is your business using data to its optimum potential? In complicated well-structured problem situations, executives rely on Big Data. However, when faced with complexity and uncertainty they are challenged to skillfully handle Small Data. Leading by Weak Signals argues that impending dangers, new business opportunities or innovative ideas may be missed when data are classified as simply not "big enough." This insightful book with its new approach initiates a radical shift in perspective from running the business to changing the business. While Big Data are very well suited to run a business efficiently, Small Data lay open phenomena which are connected to transforming a company, like inflection points, scale changes, or critical transitions. The authors present practical business examples and an 8-step framework to implement their ideas in teams and on the individual level. This offers reflective practitioners a guideline for leveraging the enormous potential of weak signals for effective strategy development and operational execution in times of uncertainty – and gives them the competitive edge they need to succeed.

See Sooner, Act Faster

See Sooner, Act Faster
Title See Sooner, Act Faster PDF eBook
Author George S. Day
Publisher MIT Press
Pages 205
Release 2019-10-01
Genre Business & Economics
ISBN 0262356333

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How organizations can anticipate threats, spot opportunities, and act faster when the time is right; with rich examples including Adobe, MasterCard, and Amazon. When turbulence is the new normal, an organization's survival depends on vigilant leadership that can anticipate threats, spot opportunities, and act quickly when the time is right. In See Sooner, Act Faster, strategy experts George Day and Paul Schoemaker offer tools for thriving when digital advances intensify turbulence. Vigilant firms have greater foresight than their rivals, while vulnerable firms often miss early signals of external threats and organizational challenges. Charles Schwab, for example, was early to see and act on the promise of “robo-advisors”; Honeywell, on the other hand, stumbled when Nest Labs came out first with a “smart” thermostat. Day and Schoemaker show leaders how to assess their vigilance capabilities and cultivate insight and foresight throughout their organizations. They draw on a range of cases, including Adobe and Intuit's move to the cloud, Shell's investment in clean energy, and MasterCard's early recognition of digital challenges. Day and Schoemaker describe how to allocate the scarce resource of attention, how to detect weak signals and separate them from background noise, and how to respond strategically before competitors do. The challenge is not just to act faster but to act wisely, and the authors suggest ways to create dynamic portfolios of options. Finally, they offer an action agenda, with tips for fostering vigilance and agility throughout an organization. The rewards are stronger market positions, higher profits and growth, more motivated employees, and organization longevity.

The Three-Box Solution

The Three-Box Solution
Title The Three-Box Solution PDF eBook
Author Vijay Govindarajan
Publisher Harvard Business Review Press
Pages 256
Release 2016-04-26
Genre Business & Economics
ISBN 1633690156

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How to Innovate and Execute Leaders already know that innovation calls for a different set of activities, skills, methods, metrics, mind-sets, and leadership approaches. And it is well understood that creating a new business and optimizing an already existing one are two fundamentally different management challenges. The real problem for leaders is doing both, simultaneously. How do you meet the performance requirements of the existing business—one that is still thriving—while dramatically reinventing it? How do you envision a change in your current business model before a crisis forces you to abandon it? Innovation guru Vijay Govindarajan expands the leader’s innovation tool kit with a simple and proven method for allocating the organization’s energy, time, and resources—in balanced measure—across what he calls “the three boxes”: • Box 1: The present—Manage the core business at peak profitability • Box 2: The past—Abandon ideas, practices, and attitudes that could inhibit innovation • Box 3: The future—Convert breakthrough ideas into new products and businesses The three-box framework makes leading innovation easier because it gives leaders a simple vocabulary and set of tools for managing and measuring these different sets of behaviors and activities across all levels of the organization. Supported with rich company examples—GE, Mahindra & Mahindra, Hasbro, IBM, United Rentals, and Tata Consultancy Services—and testimonies of leaders who have successfully used this framework, this book solves once and for all the practical dilemma of how to align an organization on the critical but competing demands of innovation.

Seeing Around Corners

Seeing Around Corners
Title Seeing Around Corners PDF eBook
Author Rita McGrath
Publisher Houghton Mifflin
Pages 277
Release 2019
Genre Business & Economics
ISBN 0358022339

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The first prescriptive, innovative guide to seeing inflection points before they happen--and how to harness these disruptive influences to give your company a strategic advantage. Paradigmatic shifts in the business landscape, known as inflection points, can either create new, entrepreneurial opportunities (see Amazon and Netflix) or they can lead to devastating consequences (e.g., Blockbuster and Toys R Us). Only those leaders who can "see around corners"-that is, spot the disruptive inflection points developing before they hit-are poised to succeed in this market. Columbia Business School Professor and corporate consultant Rita McGrath contends that inflection points, though they may seem sudden, are not random. Every seemingly overnight shift is the final stage of a process that has been subtly building for some time. Armed with the right strategies and tools, smart businesses can see these inflection points coming and use them to gain a competitive advantage. Seeing Around Corners is the first hands-on guide to anticipating, understanding, and capitalizing on the inflection points shaping the marketplace.

Why Should Anyone Be Led by You?

Why Should Anyone Be Led by You?
Title Why Should Anyone Be Led by You? PDF eBook
Author Robert Goffee
Publisher Harvard Business Press
Pages 250
Release 2006-02-07
Genre Business & Economics
ISBN 142216358X

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Too many companies are managed not by leaders, but by mere role players and faceless bureaucrats. What does it take to be a real leader—one who is confident in who she is and what she stands for, and who truly inspires people to achieve extraordinary results? Rob Goffee and Gareth Jones argue that leaders don’t become great by aspiring to a list of universal character traits. Rather, effective leaders are authentic: they deploy individual strengths to engage followers’ hearts, minds, and souls. They are skillful at consistently being themselves, even as they alter their behaviors to respond effectively in changing contexts. In this lively and practical book, Goffee and Jones draw from extensive research to reveal how to hone and deploy one’s unique leadership assets while managing the inherent tensions at the heart of successful leadership: showing emotion and withholding it, getting close to followers while keeping distance, and maintaining individuality while “conforming enough.” Underscoring the social nature of leadership, the book also explores how leaders can remain attuned to the needs and expectations of followers. Why Should Anyone Be Led By You? will forever change how we view, develop, and practice the art of leadership, wherever we live and work.

Alpha Leadership

Alpha Leadership
Title Alpha Leadership PDF eBook
Author Anne Deering
Publisher Wiley
Pages 0
Release 2002-05-22
Genre Business & Economics
ISBN 9780470844830

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This is a book for 21st Century leaders. The authors are offering approaches to reduce stress and to promote satisfaction at a time when this seems impossible for most people struggling to make sense of the workplace and its demands: 76% of managers want to spend more time with their families 50% say they feel too mentally and physically exhausted to do anything but work or sleep 30% say their lives are out of control one in five say they are too stressed to enjoy their lives at all Many of the leadership skills (such as emotional intelligence, weak signal management, mental agility) that are key to success in today's corporate world are not taught in business schools, are rarely discussed by business academics, nor are they recognised within corporations as they recruit, promote and train their staff. Business conversation is all about the war for talent - and yet the solutions presented are all "outside-in" (i.e. what the corporation needs to do to ensure people stay, to "make" their values align, to retain them) rather than "inside-out" (i.e. alignment of individual's sense of purpose with how they spend their time, the fit of their skills to the demands of their job, and so on). Alpha Leadership seeks to redress these imbalances. The book is constructed around a new and simple model of leadership. The authors call this, 'Alpha leadership', which consists of three main axes: Anticipate, Align and Act. They have derived this model from their extensive experience of leadership development in the US and Europe, during a period of rapid adaptation to the digital economy. The authors argument is that traditional approaches to leadership, leadership as it is taught in the business schools and the criteria assigned to it by corporate promotion and appraisal systems, focus exclusively on 'action', and take little or no account of the crucial importance of anticipation and alignment. This is of increased concern since the skills most likely to generate success for leaders in today's networked, knowledge-based and unpredictable business environment are precisely those most often ignored. This emphasis on action without its preliminaries of anticipation and alignment is also a paradox, since without effective anticipation and alignment, action is likely to be inefficient, ineffective, and unsustainable. The book is aimed at an "inside-out" view of leadership: starting with the individual and his/her sense of purpose and values, rather than the more typical approach to leadership writing which adopts an "outside-in" view, holding up models and examples of other leaders to emulate with little or no clue of how to go about doing so, or indeed whether or not this would be an appropriate model in the reader's specific context. Alpha Leadership is designed as a pragmatic "how to" book, derived from the authors experience of one-to-one executive coaching - with tools, approaches and frameworks to support leaders in progressing in their careers, while also maintaining a sense of balance and purpose in their lives. Each chapter starts with a "parable" or story - a very readable analogy from completely different fields of study that is used to shed light on the issues and problems facing leaders in the business environment. The authors then move to a section on "sense making" (avoiding blue sky theorising in favour of practical, down-to-earth interpretation and real life business examples). Finally the authors include relevant tools/frameworks to help the readers apply what they have read in their every day business lives.