Change management (sometimes abbreviated as CM) is a collective term for all approaches to prepare, support, and help individuals, teams, and organizations in making organizational change. It includes methods that redirect or redefine the use of resources, business process, budget allocations, or other modes of operation that significantly change a company or organization.
Tom Scott, a former U.S. executive at Toshiba Corp, remembers his former boss Atsutoshi Nishida as an aggressive leader. “He gave me goals that scared the hell out of me,” Scott told Reuters after Nishida resigned as an adviser to Toshiba. He further described him as “tough as nails, maybe a little like Patton in World…
From the front lines to the C-suite, every employee makes decisions. While decisions can be strategic and long-term, most are tactical in nature, occur daily, and are made fairly quickly. How do your employees make decisions? Are they data hounds—not content until they’ve analyzed every possible scenario? Do they make snap decisions based on gut…
ByHBR.org
Zombie projects are the enemies of well-intentioned innovation initiatives in many organizations, regardless of industry or region. These projects fail for whatever reason and do not fulfill their promise. Yet they trudge on, sucking up resources without any real hope of positively impacting a company’s strategy or revenue prospects… To read more, click here. Image (source)
ByTED
Known as the originator of the iPod, Tony Fadell shares his advice for pursuing and driving transformational change in this funny, yet enlightening talk. Human beings become complacent and used to the status quo quickly. The key is to see the way things are as an opportunity for design. Or as we like to say,…
The boardroom has become the one place in business where executives don’t need to worry about being too old. While aging directors bring years of experience and stability to the table, their lingering for longer than expected means there are fewer board seats available to younger candidates. These may be candidates who are experienced in the…
A courtship by BMW and Apple, previously put on hold, may rekindle after an precursory visit by executives of the world’s top maker of electronic gadgets to the headquarters of the word’s biggest seller of premium cars. Senior Apple executives toured the carmaker’s Leipzig factory to learn how it manufactures the i3 electric car, but dialogue…
