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?
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?
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.
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.
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.
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.