Wed.Jun 07, 2023

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Your Data Strategy Needs to Include Everyone

Harvard Business Review

An entirely new “management paradigm” for data is needed. As used here, a “management paradigm” embodies a common language, a holistic vision of the ways data should contribute, a clearly defined organizational structure showing how data integrates across the organization, along with clear roles and responsibilities for all involved. Eventually, it needs to incorporate corporate culture, relationships with universities and vendors, policy, and anything else that advances, or holds back the effec

Data 144
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How Ajay Banga can “write a new playbook” and become the World Bank’s most consequential President

Christensen Institute

In fewer than five years, the World Bank has cycled through three Presidents. Jim Yong Kim left the bank abruptly in 2019 (a move that necessitated Kristalina Georgieva to serve as acting President for two months); David Malpass didn’t finish his first five-year tenure and left in June, 2023; and now, Ajay Banga, the former CEO of Mastercard Inc., sits at the helm of the world’s most prominent development institution.

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Unlocking Leadership Influence: The Art of Communication

Rmukesh Gupta

As leaders, one of the thing that we are expected to do is to communicate with the teams that we work with all the time. In many cases, our effectiveness as a leader may even depend on our ability to communicate. We might communicate to inform, inspire or influence. We need different strategies for different objectives. If we are communicating to inform, we need clarity in our communication.

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7 Ways to Make Employees Feel Respected, According to Research

Harvard Business Review

Treating everyone with respect is the foundation of good leadership. Employees who feel disrespected are more likely to also feel excluded or even inferior. The authors offer seven behaviors, based on their analysis of data collected from more than 4,500 employees, that lead to a demonstration and feeling of respect. These include valuing diversity, staying in touch with individuals’ issues and concerns, building trusted, resolving conflicts, balancing results with a concern for others, encourag

Analysis 110
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Peak Performance: Continuous Testing & Evaluation of LLM-Based Applications

Speaker: Aarushi Kansal, AI Leader & Author and Tony Karrer, Founder & CTO at Aggregage

Software leaders who are building applications based on Large Language Models (LLMs) often find it a challenge to achieve reliability. It’s no surprise given the non-deterministic nature of LLMs. To effectively create reliable LLM-based (often with RAG) applications, extensive testing and evaluation processes are crucial. This often ends up involving meticulous adjustments to prompts.

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Leveraging the Potential of Generative AI to Drive Business Success

Daniel Burrus

In the evolving digital landscape, the term “artificial intelligence” (AI) is no longer an alien concept. What’s more intriguing is the advent of generative AI that’s poised to revolutionize various business sectors. However, the inevitable question arises: Will the rise of generative AI pose a threat to the job market? As a futurist and Anticipatory Thinker, I propose that generative AI will not eliminate jobs but instead transform the nature of human work and create new roles that

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How New CEOs Establish Legitimacy

Harvard Business Review

CEOs are given the authority to lead by the rules of corporate governance. They gain additional influence and credibility by demonstrating competence. CEOs who achieve legitimacy have a higher level of trust and influence. This legitimacy will be gained by consistently demonstrating specific behaviors.

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Dark Innovation: Why Stealth is the Way to Go

Phil McKinney

Innovation is the lifeblood of any organization—be it a startup or a seasoned corporation. But with innovation comes risk, and with risk comes resistance. Innovation antibodies can be that internal or external roadblocks that see their role to protect the organization from risk. What they end up doing is meddling and stifling progress. To counter these threats, a novel approach has emerged: dark innovation.

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Quitting Can Sometimes Be a Strategic Success

Harvard Business Review

Former professional poker champion and author Annie Duke argues that quitting shouldn’t only be associated with failure.

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Bucking The Best Practice

Mike Shipulski

Doing what you did last works well, right up until it doesn’t. When you put 100% effort into doing what you did last time and get 80% of the output of last time, it’s time to do something different next time. If it worked last time, but the environment or competition has changed, chances are it won’t work this time. You can never step in the same river twice, and it’s the same with best practices.

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Why We Joined Wellspring – from the CEO of IP Pragmatics

Wellspring

In February we were pleased to announce IP Pragmatics becoming part of Wellspring , the culmination of a partnership that started 6 years ago. Both then and now, our work together has been a reflection of our common goal to build end-to-end tech transfer, IP, and innovation management solutions that combine software and services.

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How Mature Companies Are Scaling Transformational New Businesses

Scaling transformational innovations in large companies is challenging due to ‘Company Fit’ issues, which arise when the resources, processes, and priorities (RPPs) of the core business are not aligned with the needs of the new business. Many companies have learned how ambidexterity—the ability to both ‘exploit the present and explore the future,’ can help them address these issues for ideation and incubation of new innovations, but scaling transformative business innovations remains a challenge

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The Best Managers Are “Connectors”

Harvard Business Review

What the best managers do, how to be one, and how to work for one.

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Leadership Lessons from Chris Licht's Fall

Michael Roberto

Source: CNN News has broken this morning that Chris Licht is out as CEO of CNN, just days after controversy erupted about a lengthy piece in The Atlantic about the cable news network's new leader. I'm sure the list of mistakes he made is quite lengthy. I'll just note three key lessons here in the immediate aftermath of his departure: 1. Giving a journalist seemingly unfettered access during your early days as CEO, and then being so loose with commentary and language during that time together, wa

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AI-Powered Automation As A Route To Boosting Productivity - SPONSOR CONTENT FROM ZOHO

Harvard Business Review

Sponsor content from Zoho.

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Evidence that children are more creative than adults (and the opposite)

Idea to Value

There is an old adage that children are more creative than adults. That in order to become more creative, you should reconnect with your “inner child” Yet what does the science and research say? Are children really more creative than adults? The answer is a little complicated. How children are more creative than adults Numerous research studies have found that children can be much more creative than adults in certain instances.

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How Automation is Driving Efficiency Through the Last Mile of Reporting

Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of