An interesting article from McKinsey “Rethinking the rules of reorganization” finds that around 60% of companies in the S&P 500 had launched large-scale cost red uction initiatives in the past five years, however only 26% had successfully prevented cost from creeping back up In addition to some good practical advice on targeting reorganization and change, they […]
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Big data is beginning to have an impact in many areas of business, from supply chain and marketing information through to HR and people analytics. However there is a big difference between data and information. Information is where we organize and create insights from the data that we can do something with. I remember vividly […]
I was looking at Deloitte’s latest human capital infographic, it’s a nice image but it illustrates our damaging obsession with formal structure. The study identifies four key drivers of change; demographics technology everywhere, digital everything speeding the exponential economy a new social contract between employer and worker I guess we could all agree with these […]
Every now and again an article crops up praising the pit crew who change the tyres and refuel Formula One cars during the race as the epitome of teamwork and communication. Of course it’s nothing of the sort; it actually shows us that if we want to get something done really quickly teams can be […]
I blogged recently about the challenge of having both leverage and agility as is often the when way you start thinking about these things, you see it everywhere. I saw a presentation on the challenge of both innovation and scalability: • scalability requires standardization, reliability, dependability and reducing the likelihood of failure • innovation requires […]
In 20 years of working with matrix organizations it’s been interesting to see how many companies fail to complete the key stages of change necessary to a successful matrix implementation. This involves being clear about the strategy, changing your structure, aligning your business systems and developing the skills, culture and way of working you need […]
It is 10 years since I wrote my first book Speed Lead – faster, simpler ways to lead people projects and teams in complex companies. Its themes were around simplifying the way people work and cutting through complexity using some simple, though often countercultural, tools and concepts – such as cutting out a lot of […]
A recent McKinsey article “Making collaboration across functions a reality” gave some good examples of successful and unsuccessful cross functional working. As value creation increasingly happens horizontally across the traditional vertical silos of functions and geography, cross functional working is becoming the norm. A recent Gallup survey found that 84% of the people they surveyed […]
I was talking to a contact in a global technology company yesterday. His organization has been matrixed for a long time. People are used to operating across the traditional silos of function and geography. Among the issues we discussed were the challenges in managing what he called a “stakeholder ecosystem”, I thought it was a […]
I was surprised how quickly virtual reality made an appearance at the learning technology show in London earlier this month. Several exhibitors were using virtual reality to attract people to their stand and a couple were demonstrating applications for learning. Whilst the technology is clearly in its early stages, development is fast. It’s a particularly […]
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