04/02/2019
FOR MONTHS Mahathir Mohamad has been plucking up courage to declare that, when it comes to Chinese investment in infrastructure, his is the Malaysia that can say no. At a projected cost of $20bn, the East Coast Rail Link, planned to run down peninsular Malaysia’s eastern seaboard before cutting west, is a big deal. In […]
03/02/2019
THERESA MAY has become so used to losing votes in the House of Commons that when, on January 29th, the prime minister got MPs to back her on a motion regarding her Brexit deal, it was treated as a breakthrough. “She did it!” announced one front page the next morning. Another hailed “Theresa’s triumph”. Alas, […]
01/02/2019
paul mansfield photography/Getty Images. In the eyes of businesses, the UK has come to resemble an emerging market. Our multinational clients are raising concerns around political volatility, consistent market uncertainty, an unpredictable and fluctuating currency, and supply chain issues – often the top concerns they have when it comes to investing in emerging economies. […]
01/02/2019
Brexit. Since June 2016, it’s been the word on everyone’s lips and – with fresh commentary flooding news outlets and social media every day – at everyone’s fingertips. Today, much of this discourse is fuelled simply by uncertainty. We all know how Brexit came to be, but as yet nobody knows exactly what’ll happen after […]
29/01/2019
WHEN AMERICA took a protectionist turn two years ago, it provoked dark warnings about the miseries of the 1930s. Today those ominous predictions look misplaced. Yes, China is slowing. And, yes, Western firms exposed to China, such as Apple, have been clobbered. But in 2018 global growth was decent, unemployment fell and profits rose. In […]
28/01/2019
SEVERAL times a year, groups of silver-haired Chinese people camp out overnight. They do so in order to get prime spots to register for places at the country’s universities for the elderly. Since 1983, when China’s first such school opened, 70,000 more have cropped up across the country. They offer courses in pursuits like dancing, […]
27/01/2019
LONDON, says Tony Dennis, a 62-year-old security guard, is a city of “sociable loners”. Residents want to get to know each other but have few ways to do so. Tonight, however, is different. Mr Dennis and a few dozen other locals are jousting at a monthly quiz put on by the Cares Family, a charity […]
26/01/2019
MOST workers view the prospect of a two-hour meeting with the same enthusiasm as Prometheus awaited the daily arrival of the eagle, sent by the gods to peck at his liver. Meetings have been a form of torture for office staff for as long as they have pushed pencils and bashed keyboards. One eternal problem […]
25/01/2019
Part of our ‘Signium Speaks’ interview series where we reveal insights and lessons learnt by successful Leaders… Joseph Walsh is Commercial Director UK & Ireland for Distell International, the leading producer and marketer of wines, spirits, ciders and RTD’s most of which are produced in South Africa and sold in more than 100 countries. With […]
25/01/2019
Smartphone apps for healthcare are giving people the power to take control of their health without resorting to a trip to the doctor. As well as saving money and democratising healthcare, these apps are lifting the burden on our overstretched NHS. ORCHA – a live database of independent app reviews – has identified more than […]
19/01/2019
The debate about the future of work has largely focused on jobs – what they will look like, the decline of well-paid jobs for lower skilled workers, and how jobs will be impacted by AI and automation. However, there is a bigger conversation that is worth having: it’s about the changing relationship between employer and […]
18/01/2019
Source: How to Manage an Employee Who’s Having a Personal Crisis
18/01/2019
Darren_Sutherland/Getty Images There’s a tendency to assume that we want our leaders to be encouraging, magnanimous, and optimistic. But in the last decade, across borders and sectors, we’ve been seeing an increasing number of leaders better known for a style that is more vitriolic, punitive, and negative. This disconnect led me to wonder how positive […]
17/01/2019
Tim Robberts/Getty Images Imagine you call a leadership team meeting to gauge how important the team feels digital transformation is to the company. Would anyone dare say it is not a strategic imperative, even if they privately thought it wasn’t? The meeting ends with seemingly clear agreement that digital transformation is mission critical. But what […]
16/01/2019
We are living through an era of intense turbulence, disillusionment and bewilderment. Deepening geopolitical tensions are transforming international relations, and political tribalism is revealing deep fissures within countries. The spread of exponential technologies is upending long-held assumptions about security, politics, economics and so much more. At least two factors distinguish the current phase of globalization […]
15/01/2019
Jeffrey Coolidge/Getty Images Cybersecurity as a key issue for trade policy is a relatively new development. In the last few years there have been a number of news reports about various governments’ incorporating spyware, malware, or similar programs into computer-based products that are exported around the world. The governments typically have worked with private companies […]
14/01/2019
The world is seeing revolutionary advances in science and technology – artificial intelligence, gene editing, robotics, and so on – that have together been dubbed the “Fourth Industrial Revolution”. Success in this new era – whether that means corporate profits, macroeconomic growth, human welfare or solving the most intractable problems facing the world – will […]
13/01/2019
Fuse/Getty Images Have you ever reacted to organizational change by rolling your eyes and quietly saying to yourself, “Here we go again”? Or by not so quietly telling others, “Haven’t we tried this before?”? Changes at work can be emotionally intense, sparking confusion, fear, anxiety, frustration, and helplessness. Experts have even said that the experience of […]
12/01/2019
The winners in business have shifted markedly in the last decade. When the 2010s began, the world’s top 10 public companies by market capitalization were based in five countries; only two of them were in the tech sector, and none was worth more than $400 billion. Today, all of the top 10 are in the […]
11/01/2019
Jakub Domerecki/EyeEm/Getty Images A young friend recently remarked that the worst boss he ever had would provide him with feedback that always consisted of “You’re doing a great job.” But they both knew it wasn’t true — the organization was in disarray, turnover was excessive, and customers were not happy. My friend was giving it […]
10/01/2019
Any discussion of CEO succession planning has to start with a single fact: most companies do a good job of developing internal candidates. According to one recent analysis, more than eight in 10 executives who are appointed to the top job came from within the organization. Internally appointed CEOs tend to stay in the role […]
09/01/2019
Idea in Brief The Problem A clear corporate brand identity provides direction and purpose, enhances the standing of products, aids in recruiting and retention, and helps protect a firm’s reputation in times of trouble. But many companies struggle to define their brands. The Tool The corporate brand identity matrix can address that problem by guiding […]
08/01/2019
Arguably the most famous brand in the world, Apple had not only publicly taken steps to try to eradicate forced labour from its operations, it had walked away with the top prize. Despite its vast and complex networks of supply chains, the high-profile jury of experts judged that Apple was “leading the way in all […]
07/01/2019
Biwa Studio/Getty Images Giant travel search engines such as TripAdvisor, Expedia, Kayak, and Google Flights have all but replaced travel agents as most consumers’ travel advisors. Soon, independent curating engines like these could trigger the next wave of disruption in retail. The first stage of the digital shopping revolution saved consumers time and money by […]
22/12/2018
With hundreds of coworking spaces across the country – and numbers swiftly rising as their popularity soars – the task of finding the one that suits your start-up best can seem overwhelming. But, by following a few simple steps and answering some key questions, you can go a long way in whittling down your options […]
21/12/2018
Some in the public and private sector are already taking note — and sounding the alarm. In his first term as chairman of the U.S. Federal Reserve, with the Great Recession looming, Ben Bernanke remarked, “in the coming decades, many forces will shape our economy and our society, but in all likelihood no single factor […]
20/12/2018
History has shown that when business leads by example (e.g. the green movement) – taking decisive steps and agreeing to be held accountable for their actions and achievements – society follows and real positive social change happens worldwide. That’s why last year we launched #valuable – a global call to action for businesses and brands […]
19/12/2018
Cheap office space in London – is there even such a thing? It’s a given that coworking, serviced offices and office leasing costs are, on average, more expensive in London than anywhere else in the UK. However, the good news is that there are actually some very affordable places to work in our desirable capital […]
18/12/2018
Executive Summary According to the World Economic Forum’s 2018 “Future of Jobs” report, many current organizational roles are likely to be disappear as early as 2022, only to be replaced by new organizational roles. You may already be seeing these changes in your organization. Does your organization have a data analytics manager yet? How about […]
17/12/2018
You’re running your own small business, raising and running out of cash, dealing with customers, building a team, growing before a competitor grabs the market. There’s never enough time in the day, and it can be difficult to turn off. During all this activity, do you have the chance to take a step back from […]
16/12/2018
Jakal Pan/Getty Images We’re used to thinking of high-tech innovation and startups as generated and clustered predominantly in fertile U.S. ecosystems, such as Silicon Valley, Seattle, and New York. But as with so many aspects of American economic ingenuity, high-tech startups have now truly gone global. The past decade or so has seen the dramatic […]
15/12/2018
The future of work is usually discussed in theoretical terms. Reports and opinion pieces cover the full spectrum of opinion, from the dystopian landscape that leaves millions unemployed, to new opportunities for social and economic mobility that could transform society for the better. The World Economic Forum’s The Future of Jobs 2018 aims to base […]
14/12/2018
A small business usually means a small budget, especially where promotion is concerned. Time, money and resource are all limited, so dreams of a marketing campaign big enough to rival the John Lewis Christmas advert often stay as just that – dreams. However, this doesn’t mean that small business’ marketing can’t be super effective. For […]
13/12/2018
The Fourth Industrial Revolution is expected to wreak havoc on labour markets, with AI and robots replacing various white-collar jobs. One job category largely excluded from scientific reports is that of government leaders, despite being one of the most critiqued, scrutinized and ridiculed jobs of all. However, commentators from countries as diverse as India, the […]
12/12/2018
Westend61/Getty Images Carlos Ghosn was widely recognized as a hero in Japan for turning around Nissan when it was on the brink of bankruptcy in 1999. Things couldn’t look more different today. Ghosn was recently arrested for financial misconduct, fired from his position as Nissan’s board chairman, and criticized by Nissan’s Japanese CEO for accumulating too much power. […]
09/12/2018
fotog/Getty Images CEO activism, the growing trend of top executives speaking out on sensitive social and political issues, has been labeled the “new normal.” But behind the scenes, executives do not feel in control. They are struggling to anticipate and respond to intensifying pressure from the public, investors, and — above all — their employees. […]
08/12/2018
Martyn Goddard/Getty Images More than ever before, managers are using large-scale randomized controlled trials (i.e., experiments) to guide decisions. This has led to impressive gains for organizations ranging from Amazon to the UK government. We are excited about the rise of experiments in organizations and have spent much of the past few years thinking about […]
07/12/2018
Often millennials receive career advice along the lines of “follow your passion”. Although it sounds great, it is hard to put into practice. One can’t help but notice the dissonance between the current emphasis on passion at work, and the lack of avenues to build meaningful careers. The term “follow your passion” has increased nine-fold […]
06/12/2018
According to the annual Edelman Trust Barometer, the USA is facing a 37-point aggregate drop in trust across all institutions. We’re living through increasingly polarizing times. Neutral ground and indifferent opinions are few and far between in a landscape that seems to encourage us to feel strongly about things at every turn. Fire up Twitter […]
05/12/2018
What the Iron Man-like character is claiming for his futuristic automotive company is not unheard of. On a systemic basis, mammoth institutional investment—especially from sovereign wealth funds (SWFs)—is flowing into start-ups and technology-oriented publicly traded companies. In this case, Saudi billions would help Mr Musk escape the pressures of being publicly listed. SWFs have invested […]
04/12/2018
Getty royalty free image Articles and keynotes about the importance of empathy and compassion are common in the business world these days. Those qualities are universally acknowledged to be essential in building a winning organizational culture. However, you will never see compassionate leadership in popular lists of the leadership styles one can aspire to. Why […]
03/12/2018
When Thomas Edison built the first commercial electricity generators in New York and London in the 1880s, businesses were surprisingly slow to adopt this miraculous new energy source. Their factories were designed around steam power, and few could see the benefits of the new paradigm. Those that did were reportedly disappointed with the results. This, […]
02/12/2018
Digital transformation isn’t only disrupting established business models. It’s disrupting time-honoured career paths. Once, an ambitious professional could take a straightforward path to build their experience and reputation in an area of business. The road from the cubicle to the corner office, and beyond, was mapped out for them. However, traditional corporate silos, and the […]
30/11/2018
Executive Summary According to one industry report, U.S. companies spent over $90 billion dollars on training and development activities in 2017, a year-over-year increase of 32.5 %. While many experts emphasize the importance of employee development — critics point to a painful lack of results from these investments. Ultimately, there is truth in both perspectives. […]
29/11/2018
Executive Summary In 2012, HBR dubbed data scientist “the sexiest job of the 21st century”. It is also, arguably, the vaguest. To hire the right people for the right roles, it’s important to distinguish between different types of data scientist. There are plenty of different distinctions that one can draw, of course, and any attempt […]
28/11/2018
Blaise Hayward/Getty Images Most leaders are, deep down, afraid of failure. But our 10-year CEO Genome study of over 2,600 leaders showed almost half (45%) suffered at least one major career blow-up — like getting fired, messing up a major deal, or blowing an acquisition. Despite that, 78% of these executives eventually made it to the […]
27/11/2018
Sabine Scheckel/Getty Images Alyssa Mastromonaco is no stranger to tough conversations: she served as White House deputy chief of staff for operations under President Obama, was an executive at Vice and A&E, and is Senior Advisor and spokesperson at NARAL Pro-Choice America. So when Mastromonaco switched to a new antidepressant, she decided to tell her […]
26/11/2018
We all know that employee engagement matters. In fact, a 2013 Gallup study found a direct correlation between engagement and business outcomes. And it’s common to feel a sense of powerlessness about these under performing employees. Talent is hard to come by, and some days it’s a good thing to simply maintain a full complement of […]
25/11/2018
Just prior to this year’s Arctic Circle Assembly – a gathering of leaders and experts held in Reykjavik – the UN, as if on cue, published daunting new estimates of the future impact of climate change on the Arctic. According to the report by the International Panel on Climate Change, a failure to limit global […]
24/11/2018
Chalermphon Kumchai/EyeEm/Getty Images Micromanagement gets most of the attention, but under-management may be just as big a problem. This is the term I’ve given to a constellation of behaviors that I’ve seen occurring together often during my 24 years in management: weak performance management, a tendency to avoid conflicts with employees, and generally lackluster accountability. […]
23/11/2018
Attempts to tackle climate change need funding – a lot of it. It will take an estimated $6-7 trillion per year over the next 15 years to solve climate change and to meet the other UN Sustainable Development Goals. That’s a big funding gap. Fortunately, one sector in particular is well placed to bridge that […]
22/11/2018
Fuse/Getty Images When innovations threaten to disrupt an industry by replacing an old business model with a new one, incumbents need to invest in that model in order to survive. That’s the conventional wisdom, and it’s given rise to popular mantra “Disrupt or Be Disrupted.” If you’re dealing with innovations that have led to a […]
21/11/2018
PM Images/Getty Images On November 12, the United States, European Union, and Japan will submit a package of proposals to the World Trade Organization’s Council on Trade in Goods that would significantly help curb China’s practices of heavily subsidizing its state-owned enterprises. They are also discussing ways to prevent China from forcing Western companies to transfer technology […]
21/11/2018
When luxury retail experts gather to discuss the latest industry developments, the conversation typically drifts in the direction of technology. This being the age of multichannel, technology certainly deserves a prominent place in the retail narrative. But too often the focus seems to be on how it impacts corporate infrastructure, organizations and business models. While innovation […]
21/11/2018
Disruption is an opportunity for change – and the rapid technological advancement taking place now is one such opportunity for India. The transformations in business models, production processes and global value chains tat are enabled by technological adoption and digitization have the potential to reshape work in India for the better. The possibilities include creating […]
21/11/2018
Globalization and technology are intimately intertwined. The movement of people, goods and ideas is accelerated and broadened by new forms of transport and communication. And technological development is, in turn, enhanced by the diversity of ideas and the increased scale that comes from global reach. During each phase of globalization, technology has played a defining […]
15/11/2018
Every leader wants to avoid major strategic mistakes, but, in a complex world, it’s hard to anticipate all the forces that might impact your goal. It’s vital to find weaknesses in your strategies before you implement them — and developing a rigorous process to do so. The ability to poke holes in one’s own strategies […]
15/11/2018
Francesco Carta fotografo/Getty Images On his first day as CEO of the Carlsberg Group, a global brewery and beverage company, Cees ‘t Hart was given a key card by his assistant. The card locked out all the other floors for the elevator so that he could go directly to his corner office on the 20th […]
14/11/2018
The concept of building shareholder value has been a driving force of business since companies began to go public. Yet as businesses and governments adjust to the new realities of the Fourth Industrial Revolution, the idea that the ultimate value of business success is the extent to which it enriches shareholders is now being questioned […]
12/11/2018
The World Economic Forum’s Young Global Leaders (YGLs) and its Alumni community committed to promising targets during their 15th Annual Summit held in San Francisco on 15-18 October 2018. The 616 YGLs from more than 85 countries around the world participated in wide-ranging discussions where ideas, innovations and trends to co-create a sustainable future for […]
11/11/2018
Alex and Laila/Getty Images Research tells us a lot about why people behave unethically. For example, there is evidence that people tend to be more dishonest later in the day, because they’re more fatigued, and when they’re anxious, because they’re more likely to look out for themselves. Many of these studies, however, only look at […]
10/11/2018
Fearless public speaking is about more than combating nerves. It’s about knowing the technique, the art, and the business of public speaking. Start with the idea and why you are the right person to take the stage and deliver this big idea. While it must be a big idea, you need to be able to […]
09/11/2018
If you have poor vision, glasses are highly likely to help you enjoy a better quality of life and work longer. If you are a driver with poor vision, glasses could well extend your life and others on the road will be safer as a result. If you are an employer your workers will be […]
08/11/2018
PM Images/Getty Images Companies benefit when employees speak up. When employees feel comfortable candidly voicing their opinions, suggestions, or concerns, organizations become better at handling threats as well as opportunities. But employees often remain silent with their opinions, concerns or ideas. There are generally two viewpoints on why: One is the personality perspective, which suggests […]
06/11/2018
It’s hard to climb the ladder to success all on your own. Former General Electric executive Beth Comstock spent 27 years at GE and former NBC properties, eventually rising to the level of vice chair. She recently wrote a memoir and career guide “Imagine It Forward.” On an episode of Business Insider’s podcast “This Is Success,” Comstock said she learned […]
05/11/2018
Here it is/Getty Images You and about 20 of your coworkers are sitting around a crowded conference room table, discussing the details of some project. Some people are fighting for attention, trying to get a word in. Others won’t stop talking. Others have tuned the meeting out, retreating to their laptops or phones. At the […]
04/11/2018
We’re often told by the popular press and well-meaning family and friends that, for good health, we should fall asleep quickly and sleep solidly for about eight hours – otherwise we’re at risk of physical and psychological ill health. There is some evidence to suggest that those who consistently restrict their sleep to less than […]
03/11/2018
amriphoto/Getty Images Innovative. Agile. Collaborative. Bold. Over the past year, we’ve been struck by how many times we’ve heard C-suite leaders use these words, or very similar ones, to describe the strengths they believe are critical to transforming their businesses, and to competing effectively in a disruptive era. What’s equally striking is how difficult organizations […]
02/11/2018
How well countries adapt to the Fourth Industrial Revolution (4IR) will determine whether they ‘thrive’ or ‘stagnate’ and could further divide workforces and increase social tensions, according to the latest version of the World Economic Forum’s Global Competitiveness Report. Almost 40 years after its first annual assessment of the global economy, the Forum’s 2018 report […]
01/11/2018
By 2030, carbon dioxide emissions caused by humans need to fall by about 45% from 2010 levels, reaching ‘net zero’ around 2050, says the report. Remaining emissions would need to be balanced by removing CO2 from the atmosphere, for example through reforestation and improved land management. Big data — whether historical or real-time — can […]
31/10/2018
Automation, artificial intelligence (AI) and other innovations of the Fourth Industrial Revolution are set to drastically change society, promising extraordinary benefits including increased productivity and improved public services. Automation, artificial intelligence (AI) and other innovations of the Fourth Industrial Revolution are set to drastically change society, promising extraordinary benefits including increased productivity and improved public […]
30/10/2018
Fernando Trabanco Fotografía/Getty Images It has been well documented that immigrants contribute disproportionately to entrepreneurship. This is true both in the United States, where they represent 27.5% of all entrepreneurs but only 13% of the population, and in many other countries around the world. On average, immigrants contribute twice as much to U.S. entrepreneurship as […]
29/10/2018
Without trust, innovation is impossible. As we enter the Fourth Industrial Revolution, business leaders face a dilemma. How do they leverage the technologies that are driving customer expectations sky high, while people grow skeptical of how organizations are using such technologies? With tools such as artificial intelligence (AI), robotics and the IoT, organizations can dramatically […]
27/10/2018
Alan Copson/Getty Images Employees around the world are reporting that big organizational changes are affecting their jobs. From leadership transitions and restructurings, to mergers and acquisitions, to regulatory changes, there seems to be constant unrest in the workforce. But according to one survey of more than half a million U.S. employees, almost one-third […]
26/10/2018
Within every challenge lies an opportunity waiting to be seized. Businesses know this. Today, the world faces an urgent demographic challenge: 1.8 billion young people, between the ages of 10 and 24, are standing at the door of adulthood. Every month, 10 million young people reach working age – ready to begin productive lives. Will […]
26/10/2018
There’s lots of content on the web about naming your business, but what about your own title as the founder of the business? While becoming a CEO is many people’s dream job title, there’s also a feeling that it can be a bit pretentious to deem yourself CEO when you’re one of only a handful […]
24/10/2018
Executive Summary Since April 1, 2018 till date, 228 women have been appointed to boards relative to 433 men. That data points to the well-known gender disparity in the board room. However, 57 women have been appointed to boards of such large companies relative to only 19 men. Pressure from the media and large institutional […]