How will leadership change in the cognitive era?

by Chris Cancialosi, Ph.DChris-Cancialosi_avatar_1459267712-400x400

Technological innovation is continuing to accelerate on a hockey stick growth curve. Companies like IBM, Microsoft, Facebook, and Amazon are bringing cognitive computing capability to the masses.

And it’s only a matter of time until nearly every aspect of our work and personal lives are impacted.

These advances are still relatively new. Time will tell when and how they change things, but it will happen, and it will happen quickly. In a recent article, Steve Denning reminds us that a repeating pattern of massive transformation has occurred regularly over the last 250 years.

With massive change at our doorstep, now is the time to begin a collective discussion to help leaders navigate this new age. Continue reading

Leadership styles must change in the new era of “always on” transformation

photo 1by Lars Fæste and Jim Hemerling

In the face of disruptive technologies, globalization, and a volatile marketplace, leading companies are committing to a new kind of transformation.

Instead of pursuing it as a onetime, crisis-driven initiative and instead of focusing primarily on cutting costs, they are committing to “always on” transformation — profoundly changing their strategy, business model, operating model, people, and organization on an ongoing basis in order to stay ahead.

The new approach demands a new kind of leadership — leadership that is not just directive but also inclusive and that has an appetite for risk, says a new e-book published by The Boston Consulting Group (BCG). Transformation: Delivering and Sustaining Breakthrough Performance draws on the firm’s work in more than 400 transformations that generated a median annual impact exceeding $340 million through cost cuts, revenue increases, the application of capital efficiency levers, and improvements in organizational performance. Continue reading

The 10 Best Business Lessons Of 2016

Here’s a list of the best advice we’ve given for building and growing a successful organization.

Over the last year, there have been a lot of changes on the business landscape from Yahoo being sold to Verizon to Gawker going bankrupt. Along the way we’ve talked to CEOs of big companies, first-time entrepreneurs, and those working hard every day to make something new. Many have gone against the grain and looked at practices that may seem unintuitive but ultimately helped them find success.

To help you prepare for making change at your own company in 2017, we’ve complied some of the best business lessons we learned this year.

Lesson 1: Look Outside The Box When Sourcing Talent

Though unemployment has been on a steady decline over the last few years, tech jobs are still in high demand. More often than not they are hard to fill. Take the example of security: Cybersecurity jobs are very hot right now, and most companies are having trouble finding and cultivating the right talent. The answer to this problem may be to think bigger. Telecommunications services firm Level 3 has actually found success in sourcing security talent not from their hard labor skills but from their passions, namely from musicians.

Though many people do not know the technical skills that security professionals need, the company found that those adept at music were able to learn how to do the job and excel at it. By casting a wider net and seeking talent from out-of-the-box sources, a few companies have been able to fill gaps where others are still searching long and hard.

You can read about this strategy here: Musicians May Be The Key To The Cybersecurity Talent Shortage Continue reading

Why leadership development doesn’t change some people

By Jack Zengerjz

Statistics show that 40% of people are unaffected by leadership development. Here are the steps you should follow to turn the non-responders around.

My firm Zenger Folkman measures leadership effectiveness using a 360-degree feedback process in which 15 or so subordinates, peers, and the boss pool their perceptions of a leader. They complete an on-line assessment and the results are then passed onto the leader who was assessed. By repeating that measurement every 12-18 months, the organization can monitor the collective amount of change that comes from any development program. The difference scores tell you whether or not the leader in question has made significant change. Continue reading

Great leadership teams say these six things about each other

By Evan RothEvan-Roth

Silos, egos, chest beating, throwing under the bus, misalignment and blaming each other. These descriptors top the list when I am asked to work with dysfunctional leadership teams.

It’s far more rare to hear the following six statements in the business world, but these are what winning sports teams say about one another. We can learn a lot from the world of sports as to how we can and should function as winning leadership team members.

It’s not about me, but the team.

It’s fascinating to hear this statement come out of a star player’s mouth. Are they being humble, not trying to draw attention to themselves? Or do they really believe what they are saying?

When our focus and intention is around winning as a team, we actually have a better chance of doing so. When the team is my focus, I cross the silo, embrace what’s best for the organization (vs. my own P&L), and am not satisfied until we all win. My performance is always less than the team’s performance, and I am not satisfied until the collective team wins. The last thing we would ever do is let down our team members. Continue reading