Businesses in nearly every industry have come to rely on contingent talent as specialists and flexible experts rather than temps who fill vacant seats during absences, seasonal demands or personnel transitions. With increasing frequency, we’re integrating these skilled contractors into our primary workforces. Yet, we still haven’t integrated them into our internal knowledge systems. And that’s a missed opportunity to tap into their intelligence and ideas, especially as the sharing economy’s[...]
Most people wouldn’t immediately associate humility with leadership. To them, an ideal leader looks more like a superhero – strong and brimming with confidence. But humility holds a silent power. Scientists have just started researching the benefits of humility in leadership, and they’ve found that, often, humble leaders make the best leaders.
Who are you? This existential question has plagued humans since the dawn of time. We like to think we know ourselves quite well; we’ve been living in our own skin for some time, after all. But if you’ve ever had the experience of someone describing your traits and completely missing the mark, you understand that, sometimes, your version of who you are is radically different from someone else’s. And it’s all because of perception.
Regardless of industry or the type of enterprises we lead, we’ve found ourselves standing at the threshold of a dynamic business evolution, where innovation is steadily rising as a new form of capital. The advances we’re witnessing in exponential technologies and digital transformations have ushered in an era full of exploration, curiosity and boundless possibilities. The challenge, however, is defining a nebulous concept like “innovation.” What does it really mean? There’s a difference between innovating and merely inventing. Without addressing a real need or solving a problem, an invention falls short of innovation. Even if you have a genuine innovation in your wheelhouse, the burning question inevitably becomes: how do you capitalize on it? This is the dilemma that haunts business leaders who wonder whether they’re developing the right solutions for customers and if those breakthroughs will generate revenue. For anyone who’s stumbled into that quagmire; there are answers. You can reap big rewards from your business innovations when you follow the money.