Understanding and Effective Application of Mindset, Skillset, and Toolset

Individuals, leaders, or any business will be "as stable as a tripod" if they have the three elements of “Mindset, skillset, and toolset.” With the seamless combination of all three elements, we can not only maintain stability but also progress and develop strongly in everything from work to life.

WHAT DOES YOUR COMPANY REALLY STAND FOR?

For years, as scholars of organizational behavior and as corporate consultants, we’ve researched what you might think of as the value of values. We’ve conducted dozens of studies designed to determine how a clear understanding of individual and organizational values can affect decision-making, motivation, relationships, well-being, leadership, and performance. What we’ve discovered in this work is striking: When you align your organization’s values with both your strategy and the values of your employees - creating what we call values alignment—you reap all sorts of benefits: higher job satisfaction, lower turnover, better teamwork, more-effective communication, bigger contributions to the organization, more-productive negotiations, and, perhaps surprisingly, more diversity, equity, and inclusion. Our favorite finding involved the impact of values alignment on the turnover of chief operating officers. When we studied the divisions of one multiunit organization, we found that COOs whose values alignment was low needed a salary increase of 40% to become as likely to stay in their jobs as those whose values alignment was high. Imagine that: An increase in values alignment had as great an effect as a 40% raise.

REINVENTING YOUR LEADERSHIP TEAM

As companies strive to build competitive advantage in a world obsessed with digitizing (which is often a must but rarely differentiating), they find that what they need from their leaders is changing.

OKRS AND KPIS: 3 COUNTERINTUITIVE TIPS FOR LEADERS

When was the last time you rethought metrics? Consider applying some fresh, even unconventional ideas about Objectives and Key Results (OKRs) and Key Performance Indicators (KPIs)

THE BASICS OF MANAGING AS A LEADER

Effective management and leadership are vital in these times of complexity and fast change in organizations.

WHAT YOU LOSE WITH YOUR NEW STRATEGY

Why do organizational strategies so frequently fall short? This question has perennially stumped executives and managers, and one thing seems certain: it’s not for lack of planning.

3 QUESTIONS INVESTORS ASK THEMSELVES WHEN EVALUATING A CEO

Market volatility is back. Corporate valuations are under the microscope. Today’s leaders need to demonstrate they can manage through uncertainty and remain agile in the face of one black swan event after another.

DEALING WITH UNCERTAINTY IS A SCIENCE: MAKE IT WORK FOR YOU

The future is inherently uncertain, but the best science teaches us that when we breathe, trust ourselves, gain clarity on what we want, gather information, and choose a course of action, we can regain a sense of certainty that is its own antidote to the uncertainty-stress cycle, activating a reward response in our brain and body. Even armed with these tools, it won’t be all rainbows and unicorns, so find your community and take care of yourself to be ready for whatever decisions come your way.

3 PROVEN TIPS FOR COMING UP WITH BRILLIANT BUSINESS IDEAS

Developing a winning idea doesn't mean you have to reinvent the wheel.

WORRIED ABOUT RETAINING YOUR BEST EMPLOYEES? CULTURE IS KEY TO KEEPING THEM

There’s a lot of talk these days about the “Great Resignation.” People are leaving their jobs in record numbers. Some go on to new jobs and new companies. Some decide to freelance or start new businesses. And some choose to leave the workforce entirely.

2022 RETAIL FORECAST: PRICING, INVENTORY BUBBLE, SHOPPING SEAMLESSLY AND CONSUMER EXPERIENCE

As we peer into 2022 with a lot of pandemic baggage there is a lot to be left behind. I believe we would be well served to focus on these four key events to anticipate in the year ahead.