I had began, recently, to write an article on leadership when I was informed of the passing of my dear friend Professor C. K. Prahalad of the Ross School of Business, University of Michigan on April 16, 2010 at the age of 69. I decided that this topic would be far better expressed by this outstanding thinker and educator himself. See clip after the jump. Continue reading C. K. Prahalad – Guru on Strategy, Leadership and Competitiveness
Evidence indicates that most of the U.S. and other developed countries are starting to emerge from the worst economy since the Great Depression of the 30s. The likelihood that we will return to those conditions again in the near future depends on the financial and operational viability of companies, but also, to a great extent, on how well companies manage their employees. If executives don’t attend to the factors that determine a high performance workforce, their companies will not thrive and survive.
Some researchers estimate that as many as a third of employees will “jump ship” as soon as hiring takes off again. These employees are not content with their current situations and are just waiting for new opportunities to become available. Those who remain, feeling survivor-syndrome stress, will not be fully engaged in their work and will not perform at their best. Having lost much of their talent, with institutional wisdom walking out the door, and with a remaining workforce that lacks motivation, these companies will not be able to compete in their marketplaces. Continue reading How to Develop a High Performing Workforce as the Economy Recovers from Recession
I am concerned about the factors that lead to employment growth, something that should be of vital interest to every person. Discussion about employment or business often focuses on the largest companies. I believe that we have not looked in depth at the relationship of company size to employment growth and value to the society as a whole. This relationship of size to value is an important one that is often distorted by mythology and misperceptions. Continue reading Employment Growth