Mihaly Csikszentmihalyi talks about flow as being in the moment. What does this really mean? How might it be relevant for the day to day challenges of organizational life?
How do we move in organizations? Do we give into tides of constraints dotting the shores with recognizable successes and failures? How do we discern the faint melodies of possibilities offered by shifts of how and who we are… and what place should we assume in the ecological menagerie of conditions, gifts, talents and opportunities enlightening our constellations?
Story-based tactics, processes and tools help us probe the complexity of organizational life.
Stories of companies and individuals transformed by coaching. InsideOut's GROW process is a powerful technique for bringing about change through coaching.
Listen up, budding Masters of the Universe about to start boot-camp week at business school (and sign away $100,000 over two years). For all the wonderful instruction at places like Harvard, Wharton and my alma mater, the Stern School of Business at NYU, remember that making money involves so much more than columns in a spreadsheet and the ever shifting assumptions behind them. Keep in mind:
1. If it ain't broke, still fix it. One of the hardest decisions business owners have to make is turning their backs on cash when it's flowing. But that's exactly what you must have the courage to do at times to protect your franchise.
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EMAIL PRINT REPRINT NEWSLETTER COMMENTS SHARE 2. Unless you end up at Goldman Sachs, forget what you learned about finance. "In a 12-year finance career with large respected companies," says one of my former classmates, who is finance chief for the unit of a large manufacturing firm, "I can count on two hands the number of IRR [internal rate of return], DCF [discounted cash flow] and NPV [net present value] analyses I have completed." He adds: "A career in corporate finance is nothing like what is taught in school. The job is largely to be the conscience of the business--expecting and demanding explanation for decisions and [being] well versed in most topics."
3. Take your financial models with a boulder of salt. "Too often people in business rely upon a model demonstrating projections out 15 to 30 years," says another biz-school mate, now a health care consultant. Really? In school we worked in more modest 3- to 5-year increments, with an understanding that anything beyond that was magical thinking. "Believe it or not," he went on, "I have seen some done out that far for deals [acquisitions] and often for public-private partnerships."
4. Overpromise and try to deliver. Underpromising and overdelivering may work on conference calls with Wall Stree
CHARGE Take charge.COACH Coach. STRESS De-stress.TIME Leverage time. ACT Don't hesitate.CHANGE Embrace change.LEARN Learn voraciously. MISTAKE Make mistakes.TRUST Trust.COLLABORATE Collaborate.COMMUNE Commune. FLOURISH Help people flourish.STORIES Tell great stories.MEETINGS Conduct kick-ass meetings. ENTHUSIASM Generate enthusiasm.RESULTS Focus on results.AGILE Manage agilely. CUSTOMERS Delight customers. INNOVATE Innovate. SERENDIPITY Nurture serendipity.NET-WORK Net-Work.
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ADMIN AdministrationINTRO Big-picture vision of changing behavior, advent of 21st century practicesALTERNATIVES Competition, general info on apps, etc.
Serendipity is for me a deeply meaningful word.
The more than dozen posts discussing serendipity on my blog include how we created "enhanced serendipity" at an event I ran in 2003 in New York, more details on the story of the word serendipity and how to enhance it, the importance of the "serendipity dial" and far more.
Google doesn't have business units!
I knew there had to be something different and special about Google to make it the success story that it is. This is what the Googe CFO had to say in a recent McKinsey interview:
Patrick Pichette: We don't have business units. Once a company has business units, managers tend to take ownership of these units' resources. Managers have a plan, and the natural instinct is to say, "Those resources are mine and I have to fight to keep them."
This is exactly the issue we regularly see in our organisational network analysis studies. We even wrote about it here in "The Tyranny of Top Down"
Leading Outside the Lines: How to Mobilize the (In)Formal Organization, Energize Your Team, and Get Better Results, by Jon R. Katzenbach, a senior partner at Booz & Company, which publishes strategy+business, and Zia Khan, vice president for strategy and evaluation at the Rockefeller Foundation. They take a much more fine-grained approach to managing that is based on finding the right combination of the "logic of the formal" and the "magic of the informal."
In the three-part book, the authors focus on how individual managers can use informal connections and conversations to enhance the formal incentives and structures of a company - and, in the process, motivate individual performance and mobilize organizational change. Managers who can draw on both the formal and the informal as required have a high "organizational quotient" (OQ). This is a combination of intelligence quotient (IQ) and emotional intelligence (EQ) that balances disciplined and spontaneous actions, and rational and emotional thinking, depending on the demands of the situation.
The objective is consilience, which literally means a jumping together of the formal and the informal, a creative integration of "both...and" that harks back to Mary Parker Follett, the early-20th-century pioneer of organizational theory. This is the first of several evocative metaphors that the authors use to describe one of the most desirable but elusive phenomena in organizational life - those times when decisions, actions, and emotions jibe with strategic intent, when dynamic routines are constantly being improved upon, when employees are proud of their company, and when the company as well as the members of its ecosystem (partners, suppliers, and customers) all succeed.
Katzenbach and Khan stress that a managerial focus on the informal is not just a matter of being nice. People work and perform much better when they are treated with care and respect as individuals. The c
We live in a world of ever more change and choice, a world where we have far more opportunity than ever to achieve our potential. That kind of world is enormously exciting, and full of options. But it is also highly disorienting, threatening to overwhelm us with sensory and mental overload.
In that kind of world, the ability to provide persistent context becomes paradoxically ever more valuable. Persistent context helps to orient us and connect us in ways that can accelerate our efforts to achieve our potential.
The rise in consumer-oriented social networking applications and platforms over
recent years has drawn curiosity from enterprises both large and small. IDC believes
that curiosity has turned into business opportunity as the lines between consumer and
enterprise continue to blur. Unfortunately, adoption of social software in the enterprise
has encountered some skepticism due to the hype surrounding the technology and
the perception that it is the younger generations' means for socializing with friends. It
has also been criticized as being a waste of time. Yet there is evidence to suggest
that this doubt is shifting and that enterprise social software is becoming the next
generation of collaboration tools to enhance organizational productivity.