Nothing happens suddenly. Corporate crises appear to erupt without warning. Leaders seem to be caught off guard. But the origins of a disaster are often plain to see for those who knew where to look. More likely, managers will have just hoped it wouldn’t blow up while they were around.
Amazon’s Jeff Bezos has found a way to make executives think harder for longer in meetings. He makes his executives write down what they have figured out in several pages of clear prose which is read in silence at the start of a meeting.
Companies are taking a strategic approach to hiring contingent workers, whether as a cost-saving measure or a way to find skilled staff at short notice, says Catherine Mazy. But there are also legal risks to consider.
Thanks to technology and globalisation, it is now possible to access the best talent anywhere in the world, but taking advantage of this enormous opportunity requires the specific ability to lead virtual teams, says Balvinder Singh Powar.
Businesses will increasingly employ several generations simultaneously, all of whom will be expected to work together harmoniously, says Stefan Stern. This is not an insurmountable challenge, but will require some HR finessing.
Corporate culture isn’t an intangible, touchy-feely concept but a set of real best practices that can affect profits. Some companies have even appointed a Chief Culture Officer. Although it’s probably harder to change behaviour in more established organisations, they can still pick up tips from start-ups.