The Products part of the 7P’s framework is based on discovering your ‘what’ of work and then help you define your ‘who’ of work. This section addresses the organizational and then personal elements of Products. Each organization makes products using the latest technology. In the front of this section, we describe the biggest disruptors to work including artificial …
What practices were critical in pre COVID time? What new practices are critical in COVID time? Who are your direct customers and stakeholders? How do you satisfy your customer and stakeholders? How do your customer know and measure the value of your contributions? Is your workvalue-adding? How? How is your value measured and monetized? Are …
We’re in the age of the idea. The organizations that can develop a culture of creativity and idea generation will be the winners. Kevin Roberts – CEO, Saatchi & Saatchi We’re all knowledge workers. “Knowledge workers have high degrees of expertise, education, or experience, and the primary purpose of their jobs involves the creation, distribution, or application of knowledge.”[i] …
As technology advances in complexity and scope, fear becomes more primitive. Don DeLillo – Writer. I’m surprised how many VUCANs are techno-phobes in a tech-economy. Wonder why? When you hear the following words, what do you think about? Faster. Better. Killer. Cheaper. Smaller. Agile. Tech and specifically the smart phone are usually at the heart of disruption. …
How well we communicate is determined not by how well we say things but by how well we are understood. Andrew Grove, CEO Intel Think of the last dinner you had in a restaurant where most couples were using smart phones to keep current, contact friends, and text their date 2 feet away. It’s worse …
VUCA is a continuous process that results in increasing disruption over time. Automation, machine learning, artificial intelligence, Internet of Things, and many technologies are advancing faster than our abilities to understand and cope. Companies have to adapt. VUCANs have to be resilient. Some companies and VUCANs can adjust well, others can’t or won’t. So, what to do? Disruptor companies will …
A COVID framework is a lens to use RBPS and RBDM. ISO 31000:2018, an international standard, is a simple risk framework. Risk management, both upside and downside, can be defined as the ability to reach an objective, solve a tough problem, or make a smart decision. ISO 31000 has the following steps: Communicate and Consult. You solve problems or …
I think we now live in an era when many of the concerns in running organizations are being reframed in terms of risk, which suggests that risk professionals are likely to rise to the top. Harvard Business Review In Against the God: The Remarkable Story of Risk, the author says the mastery of risk is the …
Two roads diverged in a yellow wood, … Robert Frost – Author of The Road Not Taken Poem What roads have you taken in life and work? Did you have choices of multiple roads? Why did you make the choices you made? Or, did circumstances dictate the choice for you? How did you look at …
The essence of risk management lies in maximizing the areas where we have some control over the outcome while minimizing the areas where we have absolutely no control over the outcome. Peter L. Bernstein – Risk Author During COVID, we’re all VUCANs. This implies that each of us is inherently a risk manager. Why? Maybe, it’s …