Entrepreneurs are valuable assets to society. The competitive climate in which they operate is inherently challenging, and they must continually seek new and unique methods to help them successfully compete.
As the role of the customer becomes more and more important to the sustainability of the firm, effective allocation of resources will provide a significant advantage to customer service organizations.
Online programs, the fastest-growing segment in management education, are illustrative of how digital technology is now being applied to deliver world-class knowhow at a time and place convenient to the student.
Level of effort is not a good indicator of results, and it is nearly impossible, in any case, to estimate level of effort.
It seems ridiculous to me that virtually 100 percent of organizations knowingly employ people in an important role who are not good at performing this vital function.
Being a “Best for the World Leader,” it is implied that the world, and the people in it, are better off because of our offer or delivery.
To create lasting strategic advantages, leaders need to consider how organizational identity, a more intangible and less mobile feature of the firm, may be used to create a sustainable competitive advantage.
Critics point to significant limitations including the magnification of our cognitive biases in the algorithms that run our smart machines.
The potential for anti-competitive behavior and collusion not only exists within ecosystems, but also across ecosystems and Keystone leaders, and has the potential to not only negatively impact consumers, but also many other stakeholders of these organizations.
Each type of innovation requires different, often opposing, structures, cultures, and processes. Thus, to become ambidextrous, companies must create a balanced mix of all three, each a leg in a three-legged stool.
The once highly successful airline industry’s challenges and problems typify the difficulties being faced by many other industries as well.
Often, a company’s competitive advantage depends on how intelligent the firm is at observing and interpreting the dynamic world context in which it operates.
Living in a complex world and moving into the smart machine age, the need for good leadership is even greater; spiritual leadership provides a compass to navigate through difficult decisions.
Research and teaching in the field will help future managers and organization leaders cope with the stress and anxiety and sometimes rancor that organizations may be experiencing.
Spiritual convictions may help business leaders to develop ecological consciousness required for achieving sustainability in business functioning.