Want to know about the struggles facing organizations today? The Five Friends share their what they are seeing in the marketplace.
Rapid, radical technology advances have always disrupted the status quo and created a generation of marketplace winners and losers. In 1860, there were probably Pony Express riders who sat around after a long day’s ride and joked that the transcontinental telegraph wouldn’t become commercially viable even though everyone recognized its [...]
What companies are getting it wrong today? More important, what can you learn from them? The Five Friends share their ideas.
Are you thinking of throwing out your company’s performance appraisal? A lot of companies are including GE, Accenture, Netflix, and Adobe. It is easy to understand why. Annual appraisals feel antiquated in a world where priorities continuously change and being nimble is a strategic advantage. Compounding the problem with performance [...]
Being in any type of business today can feel like standing in the path of an on-coming tornado. The fear of being devoured by the unrelenting wind is real. You think your only hope is to take the first shelter you can find, grab something sturdy, and hang on. Years [...]
How do you add more value for your customers? The Five Friends share insights you can use today.
Old-school, non-tech companies in every industry are wondering if they should reinvent themselves as technology companies. Conference presentations and business articles are telling them that there is no other choice considering the pervasive, disruptive presence of technology in every industry. This is an easy and sexy meme to embrace. It [...]
Engaged employees lead to increased profits, increased customer satisfaction and loyalty, fewer safety incidents, and lower turnover. The Five Friends share ideas on how you and your organization can earn the discretionary effort and commitment that comes from enhanced engagement.
Sooner or later, your business will probably die. The statistics for a start-up business are well known—50 percent fail within the first five years. Even the biggest companies are not immune from eventual obsolescence, however. The average life span of a Fortune 500 company is only 40 to 50 years. [...]
The scariest change and potential disruption on the horizon is the one that you never see coming. The most effective leaders and organizations minimize the potential for chaos by operating in a positive state of perpetual awareness and apprehension. The least effective act as if they are afraid. Which one [...]