Group items tagged

I had intended writing a series of blog posts in the run up to the pilot launch of  The Smart Work Company's social learning platform in September. Turmoil in global financial markets, with the downgrading of the US credit rating and simultaneous shenanigans in the Euro zone, gives focus to the topics I want to explore.
The series, Smart Working in Turbulent Times, will include themes that I have talked about before in previous blog posts in a random way. My hope is that this series will pull topics together to create a rationale for smart working, to explore what it is, to make the case for why now (urgently) and to show how smart working practices can be enabled, drawing on researching new ways of working over a fifteen year period and years of practical experience of helping senior executives make the transition to new ways of working.
Themes
Off the top of my head, the themes will include:
What?
Context: turbulent times past and present - there are lessons
How organisations work (and don't) - relationship dynamics, power, culture, conflict, alliances, psychological needs, performance environments etc
Smart principles underpinning design for:
Viability (including emotional and psychological well-being)
Adaptability
Autonomy
Integration
Collaboration
Wirearchy
Distributed diversity
Collective intelligence
Social skills
Thinking skills
Leadership skills
Learning skills
Performance environments, including:
Cultural and social environment
Online place
Physical space
Whole system of leadership
How?
All this research and good practice that others have found effective in specific contexts and at specific times cannot be be copied or rolled out. What to do?
Draw out principles and interpret for your own situation
Create hypotheses about what is happening or what you want to happen
What might work?
What might enable or prev

By RACHEL EMMA SILVERMAN

The status-update era is changing the annual performance review.


Peter and Maria Hoey
With many younger workers used to instant feedback-from text messages to Facebook and Twitter updates-annual reviews seem too few and far between. So companies are adopting quarterly, weekly or even daily feedback sessions.

Not surprisingly, Facebook Inc. exemplifies the trend. The social network's 2,000 employees are encouraged to solicit and give small nuggets of feedback regularly, after meetings, presentations and projects. "You don't have to schedule time with someone. It's a 45-second conversation-'How did that go? What could be done better?" says Lori Goler, the Palo Alto, Calif., social-networking company's vice president of human resources. More formal reviews happen twice a year.

For most companies, employee reviews are still an annual rite of passage. Some 51% of companies conduct formal performance reviews annually, while 41% of firms do semi-annual appraisals, according to a 2011 survey of 500 companies by the Corporate Executive Board Co., a research and advisory firm.

And increasing frequency may not make much of a difference if the performance appraisals are ineffective to begin with, say some. One academic review of more than 600 employee-feedback studies found that two-thirds of appraisals had zero or even negative effects on employee performance after the feedback was given. "Why is doing something stupid more often better than doing something stupid once a year?" asks Samuel A. Culbert, a professor at the Anderson School of Management at the University of California, Los Angeles and the co-author of the book "Get Rid of the Performance Review!"

Some firms have found that the traditional once-a-year review is so flooded with information-appraising past performance, setting future goals, discussing pay-that workers have trouble absorbing it all, and inst

The sooner workers are productive, the larger their contribution to the organization. This makes time-to-performance, the amount of time required to begin performing at target levels, a vital metric. Here's an example.

At the end of the last century, Sun Microsystems was a high-flier in the workstation business. Sun was bringing 120 new salespeople a month to a one-week immersion course in Santa Clara. The new hires went through briefings on equipment, applications, competition, Sun, and more. Undoubtedly, most of this gusher of information pouring in one ear and out the other. Fifteen months later, the graduates were selling at quota: $5 million/year.

As enterprises gradually decentralize their operations and new networked business ecosystems start to find their way into profitable niche marketplaces, virtual, networked business teams gradually emerge as the wave of the future.

To be successful, virtual, networked business teams need a strategic framework in which to operate. They also need good planning and in-depth project analysis, effective and accessible technologies, constant coaching, systematic fine-tuning, feedback processes and the full understanding that their success cannot be determined by a pre-designated set of communication technologies by itself.

But, until now, projects supported by virtual business teams have not been brought back major successes. Virtual teams are having major problems and managing their progress has been a superlative challenge for most. Organizations face for the first time the need to analyze and comprehend which are the key obstacles to the successful management of effective online collaborative business networks. Though the answer is not simple, the solution is to be found in examples that are closer to us than we have yet realized.

Virtual collaboration for networked business teams is a complex and challenging activity in which there are major important components to be accounted for.

Virtual business teams DO NOT operate like traditional physical teams, as their requirements reflect a whole new way of communicating, working collaboratively, sharing information and mutually supporting other team members. The new technologies and approaches required to achieve this are completely alien to most of our present organizational culture. And this is why they fail.

Cooperative processes are not the automatic results of implementing collaborative, real-time communication technologies, but the result of a carefully designed and systematically maintained virtual team development plan.

For those of you who have alread

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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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

This is the classic! In "How to Make Meetings Work, Michael Doyle wrote a very useful and comprehensive book on guiding people on how to plan, organize and run effective and productive meetings. The book is well written in an easy to follow and understand style. It helped me to discard the notion that meetings are a waste of time and money and learnt how they can be very useful for an organization. Among the important tips that the author highlighted are the importance of having a clear agenda distributed in advance of the meeting, having a clear purpose of the meeting, clarity on the type of meeting being held (e.g. whether it is a planning meeting, for decision making, feedback etc), adequate preparation by all participants, participation in discussions by all those present at a meeting, importance of starting and ending on time, the need to stick to the agenda, summarizing action items and resolving conflicts that may arise. The book also provides insights into meeting leadership skills.

time as a metric

Wisdom is relational, if at times only with ourselves.  It is shared, between body and mind, person to person, human and nature.   It is an arc of spirit that extends from one subject to another, being to being.  Bending across geography and time, but more often eye-to-eye, or gut-to-heart, wisdom occurs.   It's an occurrence, one that we hope will last days or years, but sometimes it flashes like lightning.  As a happening, I cannot carry it with me.  We access it, experience it, witness it.   If wisdom exists in the spaces around and within us, why is the world not evolving as we desire?   I often turn the other way.  I don't want to see it.  In order for the arc to connect me to a book, a person, or the earth itself, I must commit to seeing things as they are, to being engaged and curious, and open to the transmission - willing to see the beauty and the pain, the divinity and the humanity, whatever is present.

Rather here's what I see: our institutions, far from evolving and improving, at the time we need to update them most, are actually moving backwards. We're taking tiny steps--and sometimes giant leaps--backwards in time, deconstructing the basic building blocks of civilization. Think I'm exaggerating? Then like most of our talking heads, pundits, and chatterati, you might need a tiny refresher course on what civilization and prosperity are yourself.

There is a deep gulf between the sterile, one-way and almost Orwellian practices of the corporate IT network and the rapidly-evolving, chaotic organism of today's Intranet.

What would it look like if the social world of Web 2.0 collided with the corporate Intranet? What would happen if information was disseminated from outside in, instead of inside out; from the people working on the front line? This is precisely what an interesting experiment at global consulting firm Capgemini is revealing. Many of the company's 110,000 people are based on site at client locations and it is here that 'real-world' challenges must be addressed. The IT consultants in particular, who form about half of the workforce, are in an environment where the information they use goes out of date very quickly.

To help keep its teams up-to-speed, and to stay on top of the disruptive changes in their operating environment, Capgemini began a few years ago experimenting with Yammer, a private and secure enterprise social network that allows colleagues to hold conversations, read posts and actively collaborate with their co-workers in real-time. CTO Andy Mulholland says that it is contributing to the "collective consciousness of the 20,000 people who subscribe to Yammer internally."

Management's changing role. Capgemini uses Yammer for: aligning activities, problem solving, information sharing, providing clarification. Now think about the things managers do for a living - and you quickly end up with a pretty similar list. Social networking technologies, in other words, are increasingly being used to provide the support and input that employees used to get from their managers. This frees up managers, in turn, to spend more time on the real value-added work - such as motivating their employees, structuring their work to make it more engaging, developing their skills, securing access to resources, and making linkages to other parts of the organisation. Warren Buffett is famous for saying that it is only when the tide goes out that you can see who is swimming naked, and the same metaphor applies here: when employees can get all the basic support they need for their work through Yammer, rather than through their line manager, the real qualities of the line manager are exposed and some are found wanting.  

Scrum in 1 minute
Scrum is about getting back to the time when the company was small and everything was easy and ran smoothly. Back then projects were small, teams were small, releases were small and communication was easy. Best of all, we were efficient.

In Scrum we split our big project into small projects as we work on timeboxed iterations called sprints. We split our big team into small teams (still with all the skills we need) and launch often. If we are more than 20 employees we probably have a problem knowing what the other departments and customers are needing so let's bring someone into the team that can represent them. To help communications from the team to the rest of the company we have our plan and current status visible. The plan is called the sprint backlog and the status is shown on the scrum board. Here is an example:

What we are today comes from our thoughts of yesterday, and our present thoughts build our life of tomorrow: Our life is the creation of our mind." ~ BUDDHA

While the Buddha may have said that over 2,500 years ago, today's neuroscience is helping us to understand the mind's complex hard-wired mechanisms with stunning speed.

A 2007 study, conducted by Norman Farb at the University of Toronto showed that most of us are not consciously focused and are on "auto-pilot" 46.9% of the time. Our minds are wandering, not attentive to the tasks at hand or on immediate outside experience, instead we're looking into our own thoughts.

In chaotic times, an executive's instinct may be to strive for greater efficiency by tightening control. But the truth is that relinquishing authority and giving employees considerable autonomy can boost innovation and success at knowledge firms, even during crises. Our research provides hard evidence that leaders who give in to the urge to clamp down can end up doing their companies a serious disservice.

Although business thinkers have long proposed that companies can engage workers and stimulate innovation by abdicating control-establishing nonhierarchical teams that focus on various issues and allowing those teams to make most of the company's decisions-guidance on implementing such a policy is lacking. So is evidence of its consequences. Indeed, companies that actually practice abdication of control are rare. Two of them, however, compellingly demonstrate that if it's implemented properly, this counterintuitive idea can dramatically improve results.

Willpower, self-regulation, impulse control - these are the ingredients for a successful career. A successful life. I don't think so. Because one time doesn't really matter. A dieter chooses to eat a salad. A smoker decides to skip a cigarette. A sex-addict stops calling adult hotlines. A teen passes the joint without taking a drag. A family buried in debt decides to not take a summer vacation. A manager who makes a resolution to not project his/her stress onto employees. - Bravo! But what happens tomorrow?

statistics about our changing world. There are for more interesting numbers and resources than I could ever reference so I'm creating this post (which will get revised over time) to point you to their sources.

It's time to think about what companies really are, and to design with that in mind. Companies are not so much machines as complex, dynamic, growing systems. As they get larger, acquiring smaller companies, entering into joint ventures and partnerships, and expanding overseas, they become "systems of systems" that rival nation-states in scale and reach. So what happens if we rethink the modern company, if we stop thinking of it as a machine and start thinking of it as a complex, growing system? What happens if we think of it less like a machine and more like an organism? Or even better, what if we compared the company with other large, complex human systems, like, for example, the city?

In my last blog post on connected companies, complex systems, and social intranets, I wrote a little bit about the appropriateness of mechanical metaphors and models in complex times. While I never used the term explicitly the competing metaphor to the mechanical, which Ephraim picked up on in his comments, is the organic.

Over the last couple of weeks there have been a number of rather interesting and insightful blog posts that have been covering IBM's journey to become a social business. A journey that started back in 2001, but that it had its main roots well substantiated within the company for much longer. Interestingly enough, when everyone was starting to think about going social within the enterprise, IBM had already well established, and recognised, since May 2005, the well known Social Computing Guidelines that soon became an industry standard in setting up a reliable and trustworthy governance model and guidelines for knowledge workers to engage with both internal and external social networking tools. However, fast forward to 2011 and I still get asked, every so often, how is IBM doing in the social business space, not just from a vendor perspective, but also from its own internal social transformation. Are we there yet? Have we already made that transition successfully? What has been the experience like so far?

Well, I could probably summarise it all with a single sentence at this point in time: It's been a long journey, indeed! We have learned a lot, we have become much more efficient and effective at what we do, but we still have got lots more to be done! Like for almost everyone out there, becoming a social business is a tough job, for sure, we are not discovering anything new in there, there needs to be a significant cultural shift, a change of mindset, a change on how we do and conduct business, but the good thing is that the trip to provoke such social transformation has been worth while all the way coming from a Globally Integrated Enterprise into a Socially Integrated Enterprise (a.k.a. SIE)

Right now the demand for access to learning is rising like the average temperature throughout the globe, flooding traditional institutional capacity. At the same time the web offers all-new possibilities for how we can both connect and share information. How can the practitioners of the open-source software movement develop and share new tools and practices to foster learning? What are the most successful ways to supplement and to replace the traditional university's functions of knowledge transmission, socialization, and accreditation? How does openness function as a philosophy as well as a tactic to move forward the frontiers of learning and knowledge discovery?