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Accelerating the Digitization of Business Processes

Accelerating the Digitization of Business Processes | Excellent Business Blogs | Scoop.it
Customers have been spoiled. Thanks to companies such as Amazon and Apple, they now expect every organization to deliver products and services swiftly, with a seamless user experience.Many traditional organizations can’t meet these expectations. As a result, attackers born in the digital age can swoop in and disrupt the market through rapid delivery of digital products and services combined with advanced algorithms and full access to information.
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Ambition. Discipline. Purpose. The Journey of Being an Entrepreneur with Gurbaksh Chahal

Interesting talk by Gurbaksh Chahal. He is the Founder, Chairman and CEO of Radium One. A die-hard internet entrepreneur, he started his first company, at the age of 16.

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Do Your Own Thing: The Battle of Internal vs External Motivation

Do Your Own Thing: The Battle of Internal vs External Motivation | Excellent Business Blogs | Scoop.it

We wait for an outside force to give us that nudge in the right direction – but what if a nudge never comes?


No one is going to tell you “it’s time to act, so get up and get moving."


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How To Get People To Care: Anatomy Of A Trending Hashtag

How To Get People To Care: Anatomy Of A Trending Hashtag | Excellent Business Blogs | Scoop.it

Angry Kid-Lit Readers Demonstrate Why Hashtag Activism Isn't Always Useless. Here's What You Can Learn About Sharing Your Message.


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How Samsung Gets Innovations to Market

How Samsung Gets Innovations to Market | Excellent Business Blogs | Scoop.it

Let’s say you’re working in a new market, far away from headquarters, and you need to get approval for an initiative that is somewhat outside the company’s current strategy. What do you do?

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How to Use Social Media to Advance Your Career

How to Use Social Media to Advance Your Career | Excellent Business Blogs | Scoop.it

Social media is already pretty self-serving. Case in point: selfies. The very term suggests selfishness, self-centeredness. Stand for something bigger than yourself. Give something to others. Your values, insights, and accomplishments should be highlighted through actions. Report the actions in a straightforward, non-hyped manner, and your virtues will speak for themselves.


Then when you need to ask a network for help—finding a job, attracting funding for a venture, getting attention for a book—people will be more willing to help because they’ve experienced something positive. Social media helps you reach strangers, but strangers don’t have to engage with you unless they want to.


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3 Questions Executives Should Ask Front-Line Workers

3 Questions Executives Should Ask Front-Line Workers | Excellent Business Blogs | Scoop.it

The higher up you go in an organization, the harder it is to stay in touch with what’s really happening on the front lines. And the bad news - if you hear it at all - is presented only in the best possible light. How do you get the real truth about what’s happening out in the field? How do you stay connected to all corners of your organization? 


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The Customers You Do Not Want

Most market research efforts, says Eric Anderson, a professor of marketing at the Kellogg School of Management, focus on customers’ interactions with a product: Do they enjoy it? Which features do they like, and which do they dislike? But it is also important to pay attention to who these customers are. Feedback from lead users - often professionals or enthusiasts with extreme needs and special insights - has been shown to result in products that other customers enjoy more and that bring in more revenue.


Kenneth Mikkelsen's insight:

A new study suggests that feedback from a very different, and unlikely, subset of customers could prove invaluable. Who? Anderson - who collaborated with colleagues Song Lin, Duncan Simester, and Catherine Tucker on the study - calls them “harbingers of failure.” Just as positive feedback from lead users signals that a new product will likely succeed, positive feedback from harbingers signals that a new product is likely to fail.

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Your Reputation Is The Most Valuable Thing You Possess. Here's How You Maintain It...

Your Reputation Is The Most Valuable Thing You Possess. Here's How You Maintain It... | Excellent Business Blogs | Scoop.it

Launching a new venture, getting that new job or promotion, bringing together a team of A-players, securing financing from shrewd business connections that you hardly know… these are all potentially life-changing goals. All of them are attainable only if you have built and maintained a stellar reputation. Here’s how. 

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The Rise Of Sadvertising: Why Brands Are Determined To Make You Cry

The Rise Of Sadvertising: Why Brands Are Determined To Make You Cry | Excellent Business Blogs | Scoop.it

Have you been brought to tears by an ad, or five, over the last while? It's not hormones/your meds/the lunar cycle/the polar vortex. Here, we look at the most weepy ads of the last few years and talk to ad players about why brands have gotten so damn emotional.


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5 Ways Psych 101 Can Help You Build Stronger Teams

When it comes to hiring, the theory suggests that job candidates jobs are likely motivated to work to fulfill one of three core needs: economic, social or achievement. The problem is that while companies all want to hire those with the need to achieve, they only consider those who first have an economic need to apply, and second, those among this group who possess some arbitrary list of skills,  experiences and personality traits.


Maslow's Hierarchy of Needs has a lot to teach when it comes to hiring the right employees. 


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Why Many Workers are Playing It Safe - Unhappily

Why Many Workers are Playing It Safe - Unhappily | Excellent Business Blogs | Scoop.it

The shaky economy and rocky job market have left many people underemployed - working in part-time jobs or occupations that are simply far below their capabilities and credentials. And that may stem in part from a reluctance to leave a tiresome-but-stable position for the uncertainty of a job that may pay better—but may not work out.


A team of researchers at University of Wisconsin-Milwaukee recently found that economic pessimism has left many dispirited workers feeling risk-averse and languishing in the dreary safety of lousy-paying, ungratifying jobs.



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The Status Quo Is Risky, Too

The Status Quo Is Risky, Too | Excellent Business Blogs | Scoop.it

It’s now common practice to manage risk with heightened awareness, disciplined processes, and due diligence. Unfortunately, we are more likely to apply these tools to evaluate the risk of changing than to evaluate the risk of staying the same. If your teammates are anchoring your business in the past, it’s your responsibility to help them see the risk of the status quo.


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David Hain's curator insight, May 2, 2014 2:11 PM

A great coaching question - what's the risk of not taking action.  Applies to people and individuals.

Brandon Meek's curator insight, May 3, 2014 11:59 AM

Status quo is the enemy of success..

Miklos Szilagyi's curator insight, May 4, 2014 1:57 AM

Sure... today's status quo might well be tomorrow's failure...

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Boosting the Brain’s Creative Powers & Creating the Best Environment for Innovation

Boosting the Brain’s Creative Powers & Creating the Best Environment for Innovation | Excellent Business Blogs | Scoop.it

Creative thinking can be trained, and an environment for innovation can be purposefully built. Often plagued by a sense of urgency and pressure the modern office does not appear to be the ideal incubation opportunity for innovation – and yet there are strategies that can be used to defy the odds.


So just how do we maximise the brain’s neurological capabilities in the midst of the busy contemporary working environment?


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Complexity: An organization is a pattern in time

Complexity: An organization is a pattern in time | Excellent Business Blogs | Scoop.it

The way we want to make sense of the world around us has often to do with causality. The question we ask is what caused “it” to happen? The mainstream approach is that an arrow, or arrows, can be drawn. There is a variable, the “it”, that happened, that is now to be explained. In scientific study this variable is regarded as dependent. An independent variable, or variables, that cause it are then sought. Causality means that X causes Y. If there is more X there will also be more Y. This is the if-then model of management. In organizations, a familiar explanation for success is that a particular manager or a particular culture caused it.


But there is something significant happening today. Scholars are increasingly pointing out to the fact that this view of the relationship between cause and effect is much too simplistic and leads to a very limited and even faulty understanding of what is really going on.


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Marketing Strategies for a Digital World

Marketing Strategies for a Digital World | Excellent Business Blogs | Scoop.it

In an increasingly digital age, organizations are being rapidly educated about the importance and scale of digital channels, and the colossal impact these platforms have on the modern consumer.


Enter the digital age. The new digital consumers are super- empowered, ultra-informed, and hyper-connected. How do today’s brands build awareness, foster loyalty, and fabricate a positive image in a world where consumers hold all of the cards?


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Models for managing talent and innovation in organizations

Models for managing talent and innovation in organizations | Excellent Business Blogs | Scoop.it

Here’s an interesting question: how do companies manage talent and innovation, and what models can we use to map them? Working on the basis that any organization needs to attract new people of varying ages and experience on a regular basis, we can identify a range of variables that affect their ability to do this.

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To Create the Future, We Must Understand the Past

To Create the Future, We Must Understand the Past | Excellent Business Blogs | Scoop.it

One common mistake that innovators make is to focus only on the future, without regard to the present or the past.  Innovation is about making ideas real to create value for people. No matter how revolutionary your idea is, it has to work in the real world to create value, and both of those depend on understanding the present and the past.


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Corporate Acquisitions of Startups: Why Do They Fail?

Corporate Acquisitions of Startups: Why Do They Fail? | Excellent Business Blogs | Scoop.it

For decades large companies have gone shopping in Silicon Valley for startups. Lately the pressure of continuous disruption has forced them to step up the pace.


More often than not the results of these acquisitions are disappointing.


What can companies learn from others’ failed efforts to integrate startups into large companies? The answer - there are two types of integration strategies, and they depend on where the startup is in its lifecycle.

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How to Create a Culture of 'Paying It Forward'

How to Create a Culture of 'Paying It Forward' | Excellent Business Blogs | Scoop.it

Everyone wants an office culture where employees pitch in without being asked. Here are some concrete ways to encourage the behavior. 


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David Hain's curator insight, April 25, 2014 5:18 AM

We are all here as custodians.  Paying it forward is the basis for this magazine!

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People: A Key to Innovation Capability

People: A Key to Innovation Capability | Excellent Business Blogs | Scoop.it

Top performing companies recognize that successful innovation is inherently complex. No matter how much money a company invests, or how efficient it makes its internal processes, the companies that are the most successful at innovation are those that invest significant time, effort and money in people.

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Ivon Prefontaine's curator insight, April 23, 2014 9:22 PM

The message educators should take out of this is that people teachers and students are important in educating for any innovation. It is not a far off and distant thing, but something immediate and in the classroom setting.

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Digital Darwinism: How Disruptive Technology Is Changing Business for Good

Digital Darwinism: How Disruptive Technology Is Changing Business for Good | Excellent Business Blogs | Scoop.it

Social media, mobile, wearables, Internet of Things, real-time — these are just some of the technologies that are disrupting markets. Changes in how people communicate, connect, and discover are carrying incredible implications for businesses and just about anything where people are involved. It’s not so much that technology is part of our everyday life or that technology is relentless in its barrage on humanity.


The real threat and opportunity in technology’s disruption lies in the evolution of customer and employee behavior, values, and expectations.  Companies are faced with a quandary as they invest resources and budgets in current technology and business strategies (business as usual) versus that of the unknown in how those investments align, or don’t, with market and behavior shifts.


This is a time of digital Darwinism — an era where technology and society are evolving faster than businesses can naturally adapt. This sets the stage for a new era of leadership, a new generation of business models, charging behind a mantra of “adapt or die.”

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Thomas Piketty on Wealth, Income and Inequality

In 1999, the 447 richest people's net worth was equal to 50% of the entire planet's annual income. In 2013 it has come down to the 67 richest.


Capitalism, it would appear, in its increasing obstruction of the political process in addition to all of the above, has become the #1 global threat socially and planetarily.


Kenneth Mikkelsen's insight:

Additional articles: 




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Balancing Large and Small Firm Capabilities

Balancing Large and Small Firm Capabilities | Excellent Business Blogs | Scoop.it

Established organizations with larger size usually target at extending their core business by incrementally innovating their existing business model. This focus, however, often hinders them to explore new businesses, to drive radical innovation and to respond to disruptive shifts in their environment.


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Big Data: The Secret to Revenue Creation [Infographic]

Big Data: The Secret to Revenue Creation [Infographic] | Excellent Business Blogs | Scoop.it

Big Data has become a major buzzword, but many marketing specialists and salespeople still don't know what to do with the vast amount of information we have access to.


And the companies that are using it often do so in a disjointed manner: Marketing gets the data but doesn't know what to do with it; the focus of Sales is on small, specific data, and so it would be overwhelmed with such a vast amount of information.


It's rare that the two departments work together to benefit from shared information.



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Curated by Kenneth Mikkelsen
Thinker ★ Speaker ★ Writer ★ Leadership Adviser ★ Learning Designer ★ Neo-Generalist

Kenneth Mikkelsen is co-founder of FutureShifts. We help visionary companies identify and tackle the big shifts in the world by cultivating the skills, mindsets, behaviors and organisational cultures needed to succeed in times of change.