Rethinking Product Portfolios, Supply Chains And Services For External Shocks As the second installment in our series of Change Management in a Dynamic Environment, let’s look at ways organizations can become more resilient to unforeseen events with the potential to disrupt operations. In the wake of recent global disruptions such as pandemics, geopoliticalRead more
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Transforming Through Generative AI Over the past few years, Artificial Intelligence (AI) has become more and more prevalent in the business world. Now we are at the stage where we’re moving past the experimentation phase and into the business transformation and broad adoption phase. If you want to continue to run a successful business, youRead more
What Is Transformational Leadership? Leadership is a broad term that describes a team member’s ability to encourage and guide their reports. According to McKinsey, “leadership is a set of behaviors used to help people align their corrective direction, to execute strategic plans, and to continually renew an organization.” There are several effective leadership styles, includingRead more
Mergers and acquisitions (M&A) represent critical strategies for businesses aiming to grow, diversify, or gain competitive advantages. However, these transactions are complex and fraught with challenges. Successful M&A negotiations require meticulous preparation and fair execution to achieve the intended strategic goals. Let’s delve into the key steps in executing M&A negotiations effectively, reviewing first theRead more
Breaking Down In-Group Vs. Out-Group Dynamics In today’s business landscape, creating an inclusive workplace is more critical than ever. In a Deloitte report surveying over 1,300 full-time US-based employees across various organization sizes, 80% stated that inclusivity is a key factor when choosing an employer, and 39% indicated they would leave their current company forRead more
Effective Change Management: How To Prepare Your Business For Organizational Changes In the ever-evolving business landscape, change is not just inevitable but essential for growth and sustainability. Organizational changes, whether they involve adopting new technologies, restructuring teams, or entering new markets, can be daunting. Effective change management is crucial to navigate these transitions smoothly andRead more
Is Remote Work Here To Stay? The COVID-19 pandemic dramatically altered work culture as we know it. The widespread adoption of remote work shifted the dynamics of the modern workplace. As businesses adapted to unprecedented circumstances, millions of employees found themselves setting up home offices and attending virtual meetings. Now in May of 2024, fourRead more
The Unsung Heroes: How Non-Revenue Generating Roles Support Revenue-Generating Roles In an economy like we are facing today, the support provided by non-revenue generating jobs to revenue-generating jobs becomes even more critical. Economic downturns often lead to budget cuts, reduced consumer spending, and increased competition, making it essential for companies to operate with heightened efficiencyRead more
The Business Case For Building An Inclusive Corporate Culture In today’s increasingly diverse world, forward-thinking companies understand the immense value of cultivating an inclusive workplace. Where diversity is a start, inclusion is what makes it long-lasting. It’s not only about bringing people across ethnic minorities and marginalized groups into management and across the organization, it’sRead more
What Makes A Good Leader And Can It Be Learned The age-old question of whether leadership can be learned has sparked many debates among business professionals and researchers. While some argue that leadership is an innate skill, others believe that leadership skills can be developed over time with practice, patience, and dedication. At Mythos Group,Read more