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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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Scooped by Kenneth Mikkelsen
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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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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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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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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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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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Disruptive Entrepreneurs: An interview with Eric Ries

Disruptive Entrepreneurs: An interview with Eric Ries | Excellent Business Blogs | Scoop.it

Companies are all too aware of the disruptive power of technology. The author of The Lean Startup argues that the competitive reaction of many organizations remains fatally flawed. 



Via Jeremy Pollard
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Jeremy Pollard's curator insight, April 15, 2014 5:27 AM

I love this guy. Why change? Because it's all that's left!

 

I've spent a lot of time helping people refresh business process around revenue - and that's scary for how wedded to the past people are.

 

But as an ex-product manager, watching the rate of change in staying at the leading edge of any market is now so far beyond what 20 year old back-end models can cope with (and I include old-school management styles in that) it is a bit frightening. 

 

But mostly exciting as hell!  It's like marketing meets marxism indeed... 

 

I tell my kids there are only 5 x jobs left.

 

1. create

2. produce

3. sell

4. count (& protect)

 

The great entrepreneurs start at the front and go as far as they can pulling in help from 4 coming forward.

 

(Oh, No. 5?  dishwasher - don't set your self up for this one kids)

 

 

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Now, Highly Paid Consultants Are Getting Disrupted Too

Now, Highly Paid Consultants Are Getting Disrupted Too | Excellent Business Blogs | Scoop.it

Clients don’t always need a big sales pitch, a hefty strategic document or to be schmoozed by senior executives. Sometimes, they just need work done.

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Companies Say No to Having an HR Department

Companies Say No to Having an HR Department | Excellent Business Blogs | Scoop.it

Companies pursuing flat management structures and more accountability for employees are deciding to do without a traditional human-resources department, finding other ways to manage hiring, firing and benefits.

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Greed Is Good: A 300-Year History of a Dangerous Idea

Greed Is Good: A 300-Year History of a Dangerous Idea | Excellent Business Blogs | Scoop.it

Not long ago, the pursuit of commercial self-interest was largely reviled. How did we come to accept it?


Among MBA students, few words provoke greater consternation than “greed.” Wonder aloud in a classroom whether some practice might fairly be described as greedy, and students don’t know whether to stick up for the Invisible Hand or seek absolution. Most, by turns, do a little of both.


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Rage for Change - Ndidi Nwuneli

Ndidi Nwuneli is a force to be reckoned with. She is a role model for a new generation of visionary African leaders.


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Digital Transformation: Re-Imagine from the Outside-in

Digital Transformation: Re-Imagine from the Outside-in | Excellent Business Blogs | Scoop.it

Digital technology enables people to do many new things and can alter the human experience in beneficial ways. The most successful companies often use digital technology to fully engage customers and create profitable, long-lasting relationships. According to Watermark Consulting, customer experience leaders have significantly outperformed the S&P 500 since 2008.

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Innovate on Purpose: Renegades, Unreasonable Men and Jesters Drive Innovation

Innovate on Purpose: Renegades, Unreasonable Men and Jesters Drive Innovation | Excellent Business Blogs | Scoop.it

Gandhi was considered a renegade, a borderline criminal, for his actions to gain status for Indians and to establish home rule.  Gandhi had a great quote for what innovators will face when they introduce new ideas into a very safe and predictable corporate culture.  First they ignore you, hoping you'll go away. They they ridicule the ideas, laughing at the concepts, hoping to embarrass you.  Then they actively fight the ideas, to protect the status quo.  Eventually, if you have the stamina to push through and your ideas are valuable, you'll win.  Who but an unreasonable man could endure such resistance?

Corporate innovation faces a significant challenge, because there are few incentives and many disincentives for unreasonable men and women in the corporate culture.


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Tony Vengrove's curator insight, April 4, 2014 1:11 PM

Couldn't agree more with the last couple of lines in this piece:

"Protecting the status quo is nice, as long as you have strong defenses and weak opposition, but those days are numbered.  You must sally out and attack new markets, enter new channels and perhaps even disrupt your own products.  The reasonable managers and executives aren't going to do that.  Give the unreasonable a chance."

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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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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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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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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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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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Michael Wolff: Never Stop Asking “Why?”

Michael Wolff: Never Stop Asking “Why?” | Excellent Business Blogs | Scoop.it

We won’t remember the commercial, the logo, or the jingle, but we will always remember how a brand (and in turn, a designer) makes us feel. In this 99U interview, legendary designer Michael Wolff shares lessons from a career spanning over five decades. 


What separates a good designer from the rest of the pack, says Wolff, is an unlimited amount of empathy. To do this, approach the world through a child’s mind and have an insatiable curiosity. Ask “why” whenever possible.  


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Tools for Unlocking Innovation

Tools for Unlocking Innovation | Excellent Business Blogs | Scoop.it

Tim Kastelle's excellent synthesis of this week's interesting innovation stories. Read about GE's open innovation strategy, the importance of design thinking in innovation processes, the art of storytelling, and why companies aren't hiring the best and the brightest people. 


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Why Women (and Men Who Think Like Them) Will Rule the Future of Work

Why Women (and Men Who Think Like Them) Will Rule the Future of Work | Excellent Business Blogs | Scoop.it

The way we lead our organizations is changing. We need less command-and-control and more collaboration, community and connection. The shift away from traditional masculine values of leading, like aggression, commanding are giving way to feminine values. And this shift is creating innovative and more relevant businesses.

Kenneth Mikkelsen's insight:

Feminine values that has emerged as crucial to leadership success in the 21st century: empathetic, family oriented, humble, articulate, nimble, flexible, and intuitive. 


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How to Avoid a Social Media Fiasco

How to Avoid a Social Media Fiasco | Excellent Business Blogs | Scoop.it

A panel at the 2014 South by Southwest festival highlighted five ways to avoid a social media crisis.


1. Do not try to capitalize on catastrophic events

2. Plan ahead for social media fiascos

3. Train employees to use social media in the context of your business

4. Recognize that the world is eagerly waiting for you to make a mistake

5. Remember that fiascoes can also present opportunities


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Beyond “Sissy” Resilience: On Becoming Antifragile

Beyond “Sissy” Resilience: On Becoming Antifragile | Excellent Business Blogs | Scoop.it

What’s the opposite of a person or organization that's fragile? If you ask most people this question, they’ll likely say “robust” or “resilient. But philosopher Nassim Nicholas Taleb would say that’s not the right answer.


He argues that if fragile items break when exposed to stress, something that’s the opposite of fragile wouldn’t simply not break (thus staying the same) when put under pressure; rather, it should actually get stronger


We don’t really have a word to describe such a person or organization, so Taleb created one: antifragile.


In his book, Antifragile: Things That Gain from Disorder, Taleb convincingly argues that this powerful quality is essential for businesses, governments, and even individuals that wish to thrive in an increasingly complex and volatile world.


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Why Incentives Don't Actually Motivate People to Do Better Work

Why Incentives Don't Actually Motivate People to Do Better Work | Excellent Business Blogs | Scoop.it

You would think that rewarding people for being good at their jobs would make them better at them. 


But social science shows that it doesn't, for a number of reasons. 


Kenneth Mikkelsen's insight:

Incentives ... do not alter the attitudes that underlie our behaviors. They do not create an enduring commitment to any value or action. Rather, incentives merely - and temporarily - change what we do.

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Graeme Reid's curator insight, April 3, 2014 8:45 PM

Research has been available for many years that monetary incentives are not (except in limited circumstances) the most important motivating factor for people.  So why do most organisations continue to use bonuses etc as there main way to motivate their people?  

John Michel's curator insight, April 18, 2014 2:05 AM

Rather than structuring our workdays (and our employees' workdays) around rewards, we should instead structure them around continual, meaningful progress. 

Mike Masin's comment, April 18, 2014 6:26 AM
Things that are harder to quantify like growing and being challenged are our long-term motivators. So we know ourselves better than anybody else.
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5 Reasons You Need To Instill Values In Your Organization

5 Reasons You Need To Instill Values In Your Organization | Excellent Business Blogs | Scoop.it

We all know that a good company culture makes for happier employees. But when the culture goes beyond that - to core values everyone works by - the results are revolutionary. 

Kenneth Mikkelsen's insight:

Reference to a related study by Boston Research Group : The view from the top, and bottom.



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