Insights
4 Reasons Hiring an Outsider is Good for Your Business
Talent on-demand offers a number of advantages to your business. Some are obvious: Consultants and contractors provide the resources you need to keep work moving while you search for longer-term solutions. Or, they can simply handle a one-time assignment that’s important to address. At the same time, they can enhance your operations in more subtle…
How to Build an Analytics Team For the Future
In a relatively short amount of time, we’ve gone from talking about “big data” to “analytics.” We’ve gone from churning out reports explaining the data to using analytics as a predictive tool, to forecast how customers might respond to certain events whether they had to do with politics, news or marketing. Today, some organizations are…
How On-Demand Talent Helps Companies Navigate Organizational Change
Businesses implement organizational changes for a variety of reasons. Some are simple: a key executive is leaving. Others are complex: A new structure is needed to take advantage of an emerging market. But whatever its purpose, change introduces elements of stress and uncertainty that have to be carefully managed. For the company, an organizational…
How to Manage the On-Demand Workforce
Talent on-demand increasingly is an important component of workforce planning. The speed at which business moves today, coupled with the frequent need for specialized expertise, is leading more executives to pair independent consultants to business-critical tasks. The approach is cost-effective, flexible and allows companies to precisely match talent to specific, well-defined needs. However, effectively managing…
Forecasting & Planning for the Strategy Team's Talent Needs
As I’ve written previously, corporate strategy is a dynamic, real-time process, where CSOs must anticipate industry and market trends so their companies can quickly take advantage of new opportunities. Not surprisingly, this makes their talent planning more challenging. CSOs are under pressure to deliver and can’t maintain momentum when they’re trying to operate with open…
3 Keys to Building a Sustainable Strategic Organization
It’s possible that our economy may never return to “normal,” Tyler Cowen, an economics professor at George Mason University, recently wrote in the New York Times. While some economists believe the slow wage growth and low labor participation we’re now seeing are temporary conditions, Cowen argues that they’re more indicative of structural dysfunction and fragility….
Flexibility: The New Vision of Corporate Strategy
Corporate strategy needs a makeover. In a world where new products can dominate the market’s zeitgeist one minute and sink the next – think Meerkat – the ability to quickly grasp the implications of new technology and how it will impact customer demand is essential. Strategic planners no longer have the luxury of conducting year-long…
Speed, Flexibility Are Keys to Success for the New Corporate Strategy Department
Today’s corporate strategy department is always on the lookout for potential game-changers, and has to be prepared to move quickly to outflank competitors, both traditional and disruptive. Otherwise, their business will lose competitive edge and market share. These groups are expected to lead a company’s growth through innovation and competitive expansion, a tough proposition in…
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