Strategy

Second in a two-part series.  Be really careful about abandoning the strategy that got your company to the success it enjoyed pre-Covid-19, especially when it comes to the customers that gravitated to you, the suppliers that scaled along with you and the human capital that got you there. That’s advice …

Most Americans fondly think of their local radio station as a fun, friendly and free source of music and entertainment tailored to their geographic area. During moments like these, however, local radio becomes their indispensable support and refuge. Radio stations, from sea to shining sea, quickly reverted to their critical “other …

First in a two-part series. Think about how competitors are faring before you make decisions about how to clip your business activities during the COVID-19 recession, a veteran advisor to company chiefs is advising CEOs these days. Imagining all your rivals in the same “bathtub,” inevitably rising and falling with …

The coronavirus pandemic has touched every aspect of our lives, and each day, the devastation creeps closer and closer to home (if it hasn’t already barged in). Through it all, my company has thus far been very fortunate to keep moving forward, with a team that adjusted very well (and …

A successful workplace must feature a diverse set of people empowered to solve their sector’s most challenging problems. More than a “nice-to-have,” diversity is a “must-have” for all sectors and industries committed to progress. This holds true in both good times and bad. In fact, when an unexpected crisis hits, …

Last week VG demonstrated how Box 3 innovation requires the borrowing of assets from Box 1.  This week he dives deeper into the borrowing partnership between Box 1 – the performance engine, which is the dominant logic – and Box 3 – the dedicated team, which has a new organizational …

My wife Malini and I try to reinforce the components of a caring mindset – straightforwardness, thoughtfulness, accountability and having resolve – in our own children.  My inspiration to do this comes from the lessons I learned from my father, my mother and my grandfather when I was young. I …

For corporate managers and other executives, the COVID-19 outbreak is a new kind of crisis that no one alive has had to deal with before. But, if there is one thing that I’ve learned over the years, it is that transparency is paramount in the face of these kinds of …

Pandemics are unlike any other challenge we face as leaders. There are no words to fully describe the feeling of dread when you find out one of your colleagues has fallen ill. There are also no words to describe the feeling of pride when you hear of a colleague going …

By now, your company probably has implemented some form of “social distancing” in response to the rapid spread of COVID-19. In addition to requiring employees to work remotely, companies have moved to virtual meetings, restricting travel, and limiting the number of designated on-site personnel who are necessary to fulfill critical …