Managers have the greatest impact on employee engagement, which makes this finding very worrisome: just 35% of U.S. managers are engaged in their jobs, while 51% are not engaged — and 14% are actively disengaged.
Today’s leaders know that speed and agility are the keys to any company’s success, and yet many are frustrated that their organizations can’t move fast enough to stay competitive. As the pace accelerates, how do you inspire people’s energy and creativity? A new business leadership book offers actionable insights.
Why didn’t a cab driver think of Uber? Why didn’t Barnes & Noble think of Amazon? Why didn’t Blockbuster think of Netflix? Why didn’t Marriott think of AirBnB? The answer is they were all blinded by a cash-cow legacy — unable to see the disruptive digital business upside opportunity.
As entire industries are disrupted by bold digital entrants and new business models, more and more companies are at risk. Music, retailing, media, and travel are far along on this path, but similar patterns are emerging in more traditional industries — such as banking, agriculture, energy, health care, industrial goods and manufacturing.
TBR believes strategy-led consulting is poised for strong growth over the next several years. Many organizations need help comprehending the myriad ways emerging technologies can quicken their time to reach a competitive advantage. To succeed, they must start with an open mindset when evaluating digital services, big data analytics and cloud computing.
While it’s possible to innovate in isolation, the majority of people choose to work in enterprises whose very scale can be a barrier to peer-to-peer collaboration. Innovation can only emerge after collaboration has taken place, so strategies to encourage collaboration should be implemented to overcome these challenges.
MIT has segmented companies into levels of digital transformation maturity — those that have digitally transformed, those that have not, and those that fall somewhere in between. The companies that have digitally transformed have invested well in both technology enabled initiatives and leadership capabilities.