Business Transformation Requires Transformational Leaders

Leadership and teaming skills are front and center in times of rapid change. Meet today’s constant disruption head on with expert guidance in leadership, business strategy, transformation, and innovation. Whether the disruption du jour is a digitally-driven upending of traditional business models, the pandemic-driven end to business as usual, or the change-driven challenge of staffing that meets your transformation plans — you’ll be prepared with cutting edge techniques and expert knowledge that enable strategic leadership.

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Insight

A MATTER OF TERMS

To the person in the street, the notion of managing risks at the enterprise level would seem like common sense -- ensuring that the enterprise doesn't take too many risks and that the ones it does take are sufficiently uncorrelated with one another that a single unfavorable event will not create a domino effect. Shareholders expect it. Employees want it for their own job security.

Organizations often spend huge amounts of money and time setting up risk processes and methods, along with supporting tools and training, which often fail to deliver the expected value. Why is this so? We believe the problem isn't in the risk processes themselves, which are usually logically correct. Rather, these investments alone do not enable great risk management practice because risk management is difficult -- it relies on getting groups of people to agree on how to manage things in the future that may or may not happen.

IN DESPERATE NEED OF INFALLIBLE RISK MANAGEMENT

Recent years have seen heightened concern about and focus on risk management, and it has become increasingly clear that a need exists for a robust framework to effectively identify, assess, and manage risk.

Which do you want more: to be right or to learn?

As the use of mobile devices in the enterprise continues to grow, I see the realization of a dream that has, for the most part, been elusive: the greater use of speech-enabled enterprise applications.

The corporate world is littered with the carcasses of enterprises, large and small, wounded -- some mortally -- by failures of the "conjoined twins" of leadership and risk management. Why are these two concepts referred to as "conjoined twins"? Because neither can function without the other.

For many organizations, using the words "PMO" and "agile" in the same sentence could be considered an oxymoron. Bringing "agility" into your project management office may be a challenge -- depending on how much your organization has already invested in your current processes and how open you are to consider making "transformative" changes to support the organization's move to agile.

I used to say to a client that "I am only as good as my data" when the input I received for an engagement was inadequate. I still use this phrase, when appropriate, from time to time.