Remove Innovation Remove Leadership Remove Lean Remove Retail
article thumbnail

The Benefits of Power Skills for IT Leaders, and How to Build Yours!

The IIL Blog

Successful IT leaders need to develop and lean into a set of power skills. Lacking essential power skills such as emotional intelligence, empathy, communication, influence and directiveness can harm both reputation of the IT leadership team and the stability of IT departments. It’s not the 90’s anymore. Effective Communication.

article thumbnail

Strategy, Project Management, and the Hock Principle

The Strategic Project Manager

Examples of the Hock Principle in Practice The Hock Principle has been used in practice in a variety of ways, particularly in the realm of organizational design and leadership. ” Reducing Rules and Regulations : Companies have reduced rules and regulations to encourage innovation and creativity. Google has a similar policy.

Lean 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Crafting an Effective Operational Excellence Strategy for Business Growth

Wrike

Fosters a culture of continuous improvement within the organization: It empowers employees to take ownership of their work, encourages collaboration, and promotes innovation. These components include: Leadership Commitment An operational excellence strategy requires strong leadership commitment.

article thumbnail

Embracing the Operational Excellence Model for Business Transformation

Wrike

By embracing this model, businesses can transform their operations and achieve higher levels of efficiency, innovation, and overall success. This involves streamlining workflows, eliminating waste, and embracing lean methodologies. One framework that has gained significant attention is the Operational Excellence Model.

article thumbnail

Customer Segments of the Business Model Canvas

The Strategic Project Manager

Here are a few to consider: Porter’s three generic strategies – Porter identifies three basic choices: cost leadership, differentiation, or a unique focus driven by either cost or differentiation considerations. This means following a lean innovation process in search of the right offering to serve the chosen customer segment.

Retail 98
article thumbnail

Where Did All the Project Managers Go?

Leading Answers

Not just technology companies (like Google, Apple) but every sector is being disrupted by software including retail (Amazon), banking (PayPal, cryptocurrencies), transportation (Tesla, Uber), and travel (Airbnb). In short, all the servant leadership practices that good project managers did anyway still apply.   The Future.

article thumbnail

The New Need to be Lifelong Learners

Leading Answers

However, all industries are changing and terms like “ Retail Apocalypse ” are invented to describe the trend in just one sector. Books like “ The Lean Startup ” and “ Blue Ocean Strategy ” have become the new how-to guides for people wanting to innovate. It means we are wasteful innovators.