In the digital world, it’s the playmakers that define success

How much trust do your customers, employees, supply chain partners, and other key stakeholders have in your company? One of the major changes that came out of the Covid-19 pandemic was the increasing trust gap between individuals and institutions.

In the digital world, trust is the new digital currency of success

How much trust do your customers, employees, supply chain partners, and other key stakeholders have in your company? One of the major changes that came out of the Covid-19 pandemic was the increasing trust gap between individuals and institutions.

In the digital world, success requires turning your business model into a competitive advantage

Is your business model a competitive advantage or a competitive liability? In a recent McKinsey Global Survey of 2,190 companies, two thirds of those companies in pursuit of transforming their businesses said that they were “just treading water, taking no decisive action, and consequently achieving little or no success.”

In the digital world, success requires reducing your debt trifecta

How much are technical debt, process debt, and people debt costing your organization? CEOs and Boards are increasingly looking to digital technology as the primary source of new business growth and profitability. Increased corporate profits are directly related to a company’s ability to leverage digital capabilities and have resulted in margin and profit growth that is 2 to 3 times faster than industry averages.

In the digital world, asset deployment rather than asset ownership is the new source of competitive advantage

Historically, companies had the belief that owning and controlling their assets was the key to creating sustainable competitive advantage and building high barriers to entry into their markets and industries. However, in the new world of ever constant digital disruption, companies no longer…

In the digital world, investing into a market downturn leads to exponential returns – 2022

Most senior leaders find comfort in believing that in times of severe market downturns cutting costs and hunkering down is a prudent course of action. The trouble is the data supports the totally opposite course of action.

In the digital world, gamification is no longer just a game

Is gamification the new strategic imperative for sustainable business growth? For many people, gamification is associated with the enormous rise in the global game playing business including worldwide competitions…

In the digital world, it’s not about the perks it’s about the work

Are your best people working on things they are most passionate about? According to an earlier Korn Ferry survey, 33% of those changing jobs cited boredom and the need for new challenges as the top reason why they left.

In the digital world, next practices beat best practices

Are you creating the last best version of the old model or the first best version of the new model? Disruptive change not only increases stress, uncertainty, and risk but it also enables individuals to retreat to what they know rather than explore…

Masters of Business Podcast: Thinking Your Way to the Future

I felt privileged to be a guest on Steven Haines’s Masters of Business podcast and think his questions resulted in some very thoughtful insights and content. His focus on the importance of developing business acumen for leaders and their teams is a critical requirement for successful digital enterprises.