I’ve long been a subscriber to Russell Ackoff’s principles, renowned for his pioneering work in Systems Thinking and Management f-Laws (yes, Ackoff spelt the last word that way intentionally). As a famed professor at the Wharton School, he remains a timeless figure whose insights continue to resonate profoundly with my work in change management and …
Since the dawn of the first Industrial Revolution (1760-1814), businesses have struggled to achieve a balance between profitability, growth, efficiency, and effectiveness. Actually, the struggle lies with aligning the resources and evolving the capabilities to meet the ever-changing needs resulting from the economic shifts. Now in the ongoing Fourth Industrial Revolution, more than 260 years …
Which would you rather achieve: Effectiveness or Efficiency Read More »
I spoke at a business gathering recently and had a chance to meet an individual on the Board of a large organization. This person has been on more than a dozen public company boards during the past 50 years. I later learned she’s been listening to management complain about issues that haven’t changed in five decades. …
Connect the dots!! What’s the first thing that pops into your head when you hear that? Perhaps you see a series of dots connected by lines that zigzag across a page. Do you see any gaps between the dots and the lines? An executive, Dennis, in a medium-sized diversified business, was asked “How do you …
“It was the best of times; it was the worst of times . . . . “A Tale of Two Cities, Charles Dickens, 1859. Nostradamus was one of the best-known prophets of the past. Here we are more than 160 years later, and those words still resonate. If not the economists, the journalists tell us …
