Some Advice to CEOs

Want to help companies in your area? Tell them to read this. Want to strengthen your ED organization? Apply these same principles to what you do.

"Thriving enterprises learn how to track changing values and conditions, form business models that combine resiliency and flexibility, and find new ways to structure relationships both within and across enterprises. These businesses excel at knowledge processes – at discovering, generating, interpreting, analyzing, and implementing knowledge. In the late 1990s, change was attributed primarily to technology. Today’s change leaders are folding technological innovation into a broader portfolio of competencies. Foremost among these competencies are relationships, clear visioning and communication, entrepreneurial thinking, negotiation, global thinking, and organizational self-awareness.

Business executives preoccupied with executing to keep up with change cannot afford to ignore the findings of a growing number of disciplines. These range from social and cognitive psychology, economics and behavioral finance to organizational design, innovation processes, and even complexity theory. Clashing ideas from these fields play out at the macro-level as arguments over the boundaries of intellectual property, the role of regulation, and the liability of companies – all shaping the business environment." More here.