Workplace disputes and conflicts are an inevitable fact of life for most managers. When not managed well, disputes can quickly sap morale, impact productivity and even lead to bigger conflicts. Yet many business leaders think they are expert negotiators because they have had a lot of practice at it. But negotiating a lot is not…
by Sarah Abbott, Robin Abrahams, and Boris Groysberg- Harvard Business Review
December 8, 2023
In 2018, 31 companies listed on the S&P 1500 were led by former GE employees. GE is what was known as an “academy company”— an elite company that produces more talent than it holds on to, exporting effective leaders to other organizations and…
Never underestimate the importance of delegating effectively. How well you delegate is directly reflected in how empowered your employees feel, which strengthens their skills, their decision-making abilities and, ultimately, their productivity. Coordination, communication and plentiful trust are the keys to effective delegation. The result is a win for the employee and for your business.
Find the…
For decades, much of management theory has started by modeling the relationship between a principal and an agent. The principal wants their agent(s) to perform a task or function but can’t always monitor or evaluate their efforts — which means the agent can decide whether to fulfill their assigned tasks or shirk. In order to…
Disruption used to be an exceptional event that hit an unlucky few companies — think of the likes of Kodak, Polaroid, and Blackberry. But in today’s complex and uncertain world, as we face challenges ranging from climate change to digitization, geopolitics to DEI, organizations must treat transformation as a core capability to master, as opposed…
Excited and grateful to be featured on the cover of CEO Magazine Sri Lanka’s July edition!
As far as first impressions go, Niroshan Silva effortlessly captivated us as we sat down with him for our interview. The Founder and CEO of the Training Consortium, Niroshan is a walking masterclass on self-discovery and continuous learning, and is Sri Lanka’s most sought after ‘Growth Expert’ with a fascinating, and highly demanded approach to…
Plenty of things have gotten harder lately from political divides to new complexities in how work gets done. It’s harder to connect and more challenging to ensure health and safety. But leadership may have just gotten easier.
A new study finds there are three things people want most from leaders—and when people feel these needs are…
Some argue that there are many unethical, weak, vindictive, or inaccessible leaders out there and we should consider replacing them with machines. After all, isn’t leadership all about getting things done as efficiently and fairly as possible? If we improve our processes and operations, we should be able to maximize employee productivity. Right? Wouldn’t it…
The changes in the business world are some of the most testing times for a company to withstand. It is for this reason why adaptability is one of the crucial attributes in the corporate space today. To survive, you must be able to swiftly change course whenever things go bust.
Of these many changes that a…
An organizational structure is the hierarchy of an organization and how the components of this hierarchy work together to achieve the strategic objectives of the company (Ahmadya, Mehrpourb & Nikooravesh 2016). If the structure of the organization and the underlying design principles which construct it are not in alignment with the core purpose of the…
Starting a company, whether it’s a social enterprise or a regular one, is a high-stress endeavor and not for everyone. But does it harm founders’ mental health? The answer, according to a new report, is yes. In fact, many startup founders say the process of starting company has been detrimental to their well-being.
But the problem…