There is a large chasm between what academics study and write about in business academia and what practitioners are eager and hungry to learn about. Interestingly, however, both sides are curious about what motivates and animates the other. At this year’s Academy of Management meetings held in Boston in August, I was invited to participate…
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Staying Ahead of the Curve: How Mobility Clubs Are Driving Innovation
I was thrilled to attend the 2019 FIA Conference in South Africa earlier this year, where I shared insights into how clubs can forge a new path to success by quickly seizing opportunities, exploiting them decisively, and moving on to the next opportunity quickly. My keynote was followed by a panel discussion with leaders from FIA mobility…
The Effect of Disruption on Hiring and Reskilling
When Amazon is prepared to invest $700 million to retrain its workers for more demanding jobs in technology, you know that something big is afoot. I would argue that this is a looming inflection point in how human capital — today one of the few sources of lasting advantage — is managed. The digital revolution,…
Digitization and Disruption in the Construction Business
$12.7 trillion! That’s the projected size of the global construction industry in 2022, according to one recent analysis. In the US alone, construction employs some 10 million workers. And while it’s a relatively slow-growth sector, it’s been remarkably stable in many of its elements for hundreds of years. That may begin to change. Construction…
Building a Proficiency for Game Changing Innovation and Growth: Mastering the Opportunity Portfolio
When you ask why large companies have a problem building an innovation proficiency, you get back all the usual suspects: “We have silos.” “It’s nobody’s job.” “We’re afraid of failure.” “It’s unpredictable.” And what do all of these things have in common? Every single one of them is self-imposed. While there are some true barriers to…
The Changing Business of People
HR has always wanted a seat at the table. That day may finally be here. Be careful what you wish for! HR Challenges in a Tour of Duty Context HR used to be pretty straightforward. People “ended up” in HR after starting in other careers, which I’ve always thought was a bit of an oddity—I…
Big Food and the Revolution in the Ingredients Business
The rules of the game used to be pretty simple for large food companies: Make massive quantities of tasty and inexpensive (if not particularly nutritious) food products, create memorable brands around them, and use their market clout to get them within arms’ reach of the everyday consumer. For my mother’s generation, the germ-free, safe, and…
Finding your arena – a new book and new toolkit
I was delighted to read Steve Blank’s great post featuring the work of my friend and colleague Marc Gruber. Marc and I have been colleagues since my days in the entrepreneurship program at Wharton and he continues with his research and teaching in this area at EPFL. Steve has recently discovered Marc’s 2017 book Where…
How to Stop Making Assumptions—and Start Seeing Around Corners
Last month, I was thrilled to attend Parliament’s PowerShift, a gathering of diverse opinion leaders, change-makers, creatives, and corporates seeking to find interesting solutions to some of today’s biggest challenges. At the event, I had the opportunity to speak with Peter Sims, CEO of Parliament, about some of the themes of my forthcoming book, Seeing…
Let’s Go Back to Boring Banking
After the Great Depression and through the 1980s, the financial sector was regulated to serve the rest of the economy. Today, it serves mostly itself. It’s time that changed. When even Larry Fink is talking about too much short-termism in our economic lives, you know something important is going on—perhaps an inflection point in the…