What did I learn at Harvard ………………………. My 4th takeaway

Culture:
Culture is a real competitive advantage. Great cultures are created by great leaders and nurtured over a long period of time. Think of Apple, Google, Amazon and GE; is it possible to copy their cultures? In a strong culture you tend to lose your individuality and the culture becomes your identity. What culture you are in?

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What did I learn at Harvard ………………………. My 5th takeaway

Strategy:
Strategy is not a choice anymore; the game is only going to get tougher. The businesses who think they do not need a formal strategy are living in fools’ paradise. A perfect storm of change (how we run businesses) is coming up and many companies that are not prepared will be completely wiped out. How prepared you are?

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What did I learn at Harvard ………………………. My 6th takeaway

Employees:
Employee engagement is not enough; employee enablement is the key. If you hire the best talent but do not enable them to perform, you set them for failure. Remember the four keys to enablement; (1) Simplified work processes, (2) Skills alignment with work demands, (3) Reward system, and (4) Work-life integration.

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What did I learn at Harvard ………………………. My 7th takeaway

Work-life balance
It’s not about work-life balance; it’s about work-life integration. The new reality for business leaders is 24/7 working hours. Adjust your pace and rhythm. Life is not a sprint race; it’s a marathon. Stop living in compartments; you have only one life and it’s short.

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Strategy Legend

Another strategy legend from the faculty of HBS, Professor Dr. Robert Simons. If you are a business leader, his short book “Seven Strategy Questions” is a must read. Impress your top management by asking these simple questions and they will always think of you as a CEO type.

Balanced Scorecard Founder

I returned to Harvard Business School after 10 years and found Dr. Robert Kaplan in full energy delivering his wisdom. Today’s take away: In today’s world you don’t sell products or services; you sell relationship.