Creativity: an Essential Quality for Survival in Tomorrow’s Labor Market
BTS Senior Consultant Raul Lopez Pozuelo asserts that creative thinking is a discipline that can be learned and is increasingly valued in companies both old and new.
BTS Senior Consultant Raul Lopez Pozuelo asserts that creative thinking is a discipline that can be learned and is increasingly valued in companies both old and new.
BTS EVP Rommin Adl, details the E=AMC process and emphasizes that strategy must be personalized through building aligned mindsets in order for leaders to find success.
Many organizations are questioning the value of their existing competency models. Over the past few years, multiple clients have voiced their concerns or outright dissatisfaction with their models. Here is one message that we recently received from a client that provides a good example of this growing trend:
The global workforce is going through a tremendous generational demographic shift. Baby Boomers are retiring en masse, leaving a deficit which the smaller population of ‘Gen Xers,’ the next generation in line, will be unable to make up for. Luckily, the ‘Millennial’ generation, those born between 1981 and 1997, is large enough to help offset this talent gap as time marches on. According to the U.S. census in 2015, Millennials are now the largest group in the overall labor force.
Is Cash still king? From the ping pong rooms of Silicon Valley start-ups to the hushed halls of Fortune 100 companies, many have challenged the king. Many have declared the king irrelevant (or dead). Many claim that their special unicorn business can’t be ruled by any king, cash or otherwise. But guess what? Cash is still king.
BTS EVP Rommin Adl, describes the necessity of business acumen and delves into the types of skills and focus each kind of leader needs.
BTS Director Mike Cordingley describes a scenario in which leaders of a Fortune 500 technology company embarked on a Risk-Storming Retreat to build alignment, test-pressure their strategy, and prevent “sharknados”.
Business simulations offer a powerful method of accelerating learning and quickly building years of experience. The value of learning from failure is indisputable, but it is under-utilized in developing people due to stigmatization and risk aversion. A key principle of free markets, and harnessed by innovators and startups, failure is something to be learned from. Business simulations allow this to happen without risk, and with speed and scale.
This article explores the role of empathy in leadership, and how different types of empathy can relate to different leadership styles.
The Economist Intelligence Unit (EIU) conducted a survey of 249 business leaders to determine how and why companies collaborate internally, the barriers they face to doing so and how internal collaboration influences business results. For the purpose of this study, we define collaboration as the practice of working together across different functions and across different locations or business units.