Ideas, Leadership

What The World Needs Today More than Anything Else – Hope

We live in a time and age where there is hate all around… We live in an age where its easier to pick a fight than to make a friend… We live in an age where we are connected online, but alone offline… We live in an age where NEWS is neither new nor true… We live in an age where recognition is bought and not earned… We live in an age where its easier to find extremists than a pacifist… We live in an age where we are free to say what we want, with no control on who […]

Entrepreneurship, Recommendation

Superconsumers – A Simple, Speedy, and Sustainable Path to Superior Growth

Everyone wants to grow their business – irrespective of the current size or the level of competition. This also means that growth is not easy. So, any strategy that can help grow our business is a welcome addition to all the material that we already have. So, when I got my hands on the book – Superconsumers by Eddie Yoon, I was eager to read and understand the strategy. I must say, that on the face of it, it doesn’t seem like much different from what all the literature around managing your most profitable customers and growing from there. However, […]

Ideas, Leadership

Characteristics of A Great Employee Recognition Program

Organisational culture is turning out to be the last competitive advantage for businesses. One of the most important aspects of great organisational culture is engaged employees. Many studies have indicated the state of employee engagement and it doesn’t look good. One of the ways that organisations can increase employee engagement is by ensuring that they are engaged with their employees and recognise & celebrate good work. It is important to have a program for employee recognition that works. Some key characteristics of such a program are as follows: Catch them Doing something right: One of the habits that Sir Ken […]

Innovation

What stops Us from Creating Breakthrough Innovations

Have you ever been part of an innovation project that started off with big ambitions and dreams about coming up with disruptive innovations which are expected to be game changing and end with a me-too or a watered down incremental innovation to an existing product category? I have been part of a few such projects which start with much fanfare and later on become run-of-the-mill projects with no breakthrough’s to show for. I was always interested to understand why is this so? Why do well-intentioned people, who have all the motivation and incentives to create breakthrough innovations, end up watering […]

Entrepreneurship, Ideas, Leadership, Strategy

Strategies for Employee Engagement in a Gig Economy

EY recently announced the results of a Contingent Workforce Study that unearths key insights into the nature of the freelance or contingent workforce (the “gig economy”). Some of the key insights from the study regarding the future state of the Gig economy that they quote are as below: By 2020, 25% of organizations expect to use 30% or more contingent workers and the proportion using less than 10% will fall from 35% in 2016 to 22% in 2020. The gig economy is going to continue to grow, by 2020 almost one in five workers will be contingent workers. Two in […]