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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Agile: Where Is the Innovation?
Innovation at its core relies on focused creative thinking, which allows organizations to respond successfully to situations that do not have easy answers or readily apparent solutions and drive results in a collaborative emergence of novelty and marketable value. This focus originates within teams staffed and equipped to apply their collective creativity and experience to business challenges, which fosters the opportunity to make enhanced real-time decisions that benefit both the enterprise and its stakeholders. As we explore in this Executive Update, it is the creative collaboration of organizational teams, in concert with end-user sentiment, that drives the most effective innovation.
Blockchain Decision Making
With so many variants of the core components of the blockchain definition — like validation, distribution, opportunities, and challenges — it becomes clear that executives may need a matrix or rubric to decide if/how to adopt blockchain based on industry and objectives. Even if your company is not considering automating processes via blockchain, your competitors may be doing so, and government entities may even force your hand. Therefore, it is important to start the internal discussion now. In this Advisor, we’ve shared some questions to help your organization quickly engage in deep discussions.
In her article, Andi Graham describes how those at her digital marketing agency started working actively with clients, co-planning and co-designing with them. These new behaviors required her staff to expose their doubts and uncertainties to clients. Resistant at first, employees saw the difference in speed and quality of feedback, improved client relations, and higher efficiency. This story shows Agile adoption through small steps with wide-ranging effects.
The Agile Manifesto and its obvious extensions don’t address issues needed at the organizational level. In their article, Jutta Eckstein and John Buck augment Agile with Beyond Budgeting, Open Space, and Sociocracy, something they call “BOSSA nova,” and link those with strategy, structure, and process to cover key organizational issues.
We are now in the “post-Agile” age. This issue of CBTJ covers some of the cutting-edge ideas emerging from the Agile community, including Heart of Agile, Modern Agile, the GROWS Method™, BOSSA nova, solutions-focused thinking, and goes further with stories of politics in Zimbabwe, entrepreneurship in Pakistan, and running “agile classrooms” in several countries.
Finding the right approach for effective serial breakthrough innovation has become the holy grail for today’s companies. However, our survey shows that there is still a long way to go before companies’ efforts match their aspirations. Although nearly 90% of companies recognized the importance of defining specific strategic objectives for breakthrough innovation, only about half of them currently do so. Those that do define specific breakthrough objectives and goals are, on average, nearly four times more satisfied with the results than those that do not, and the more explicit the goals are, the higher the success rate. While there is no single formula for success, it is clear that there are some important key factors. In this Advisor, we share some of those key factors as well as four organizational models that have proven effective in different situations.
The challenge of digitalization (which is the main disruptive force pushing enterprise Agile transformation) requires companies to acknowledge that the rate of learning is more important than the return on investment. So the ability to produce continuous learning is today’s main currency. In this Advisor, we share some thoughts on encouraging a scientific approach to ensuring continuous, long-term learning and improvement.
Can AI Improve Agile Team Performance?
This Executive Update asks whether teams can use AI to increase the performance of Agile teams. Data collection, analysis, prediction, and reporting tend to make up a large proportion of the AI capabilities used in the project and portfolio management disciplines. Most tools are not uniquely oriented toward Agile delivery; this Update will concentrate on the Agile dimension. (Not a client? For a limited time, you can download a complimentary copy of this article here.)