Strategy

09
Jan

The Neuroscience of Strategic Leadership

The Neuroscience of Strategic Leadership Have you ever had a difficult executive decision to make? This is the kind of decision where the best options aren’t obvious, the ethics aren’t clear, and the consequences could affect hundreds of people or more. How do you figure out the right thing to do? More importantly, how do you develop the habit of making better decisions, time and time again, even in difficult and uncertain circumstances? Neuroscientists and psychologists are beginning to learn what happens at moments of choice inside the human mind (the locus of mental activity) and the brain (the physical organ associated with that activity). If you understand these dynamics and how they affect you and those around you, you can set a course toward more effective patterns of thinking and action. You can ...

26
Oct

Fly on the wall – A more strategic approach to HR

Inside the October HR Strategic Positioning Event October saw our 6th Elysian Executive HR Strategic Positioning Event being held in Bristol with HR and OD leaders from financial industries, public services, national rail, retail, global manufacturing and charitable trusts all signing up for a seat at the table. If you have missed out on the chance to join one of these exclusive sessions or you’re wondering what all the excitement is about then wonder no more, as this ‘fly on the wall insight’ offers a glimpse at the key discussions, signposts thinking and shares light bulb moments from the latest event. Expertly guided by Elysian’s Paul Tuck, delegates considered themselves against the role description of a Strategic HR Business Partner. Through the discussions all delegates reached the conclusion that, in order to ...

28
Jan

So You Think You Know What A Coaching Culture Is? Coaching cultures is a subject in growth. More and more leader, HR and development practitioners are asking for a coaching culture within their organisations. The reason for this is a matter for debate, but growing evidence, including from to the ICF, demonstrates that coaching improves individual performance and increases employee engagement. The concept of getting more from your people and avoiding recruitment costs is very compelling, and by extending that to a whole culture the results could be extraordinary. So what is a coaching culture? Defining a coaching culture is the starting point for any organisation, in fact there are three questions that organisations need to ask prior to starting on a coaching culture process. What is a coaching culture for our organisation? What will success look like? Where ...

26
Jan

Your Strategy Should Be As Unique As Your Business The marketplace can be a difficult ecosystem in which to thrive. Fortunately, your business has its strengths that differentiate it from the competition. What are those unique strengths, and how does your strategy capitalize on them? You can look at any company’s uniqueness and gain a basic understanding about its viable strategic options. Building your strategy on the foundation of your uniqueness emphasizes your competitive advantage and makes it harder for the competition to catch up with you. This article highlights four of companies I have come across that have successfully injected what makes them different into their strategies. Which of them offers insights into a strategic direction that you could take advantage of for your company? 1. Simplicity as a strategy. So what if your ...

28
Aug

Plan to Succeed

£24 Billion, the amount of salary budget that disappears down the corporate drain due to our attendance of unnecessary meetings every year; money that is unlikely ever again see the productive light of day. Yet we constantly find ourselves, and our employees, with outlook calendars clogged with hours of mindless discussion, repeated justification of actions taken. We’re in danger of getting sucked into a repetitive cycle of broken promises, missed targets and reactive measures that offer no sustainable comfort or increase in the financial bottom line. How can you escape this endless time-wasting and instead enhance your productivity, improve your employee’s performance and ultimately increase your business success? Well here’s the irony, you need to have a meeting. Yes you heard me correctly, a meeting, but not like any we have attended ...

28
Aug

Google co-founder Larry Page made the shock announcement that the company's new corporate name would be Alphabet. Page and Sergey Brinn will run the new company, with Sundar Pichai becoming chief executive of the "newer slimmed down Google". This is a very exciting new chapter in the life of Google - the birth of Alphabet. We liked the name because it means a collection of letters that represent language, one of humanity's most important innovations. In a blog post, Page said that he and Brinn wrote in the original founders' letter 11 years ago that "Google is not a conventional company. We do not intend to become one." He added: "Our company is operating well today, but we think we can make it cleaner and more accountable. So we are creating a new company, called ...

27
Jul

Focus on Your Strategic Voice

This July saw the first of Elysian's free HR Strategic Positioning events launch at The Cheltenham Chase Hotel with HR & OD professionals from Education, Public Sector, Manufacturing and Retail coming together to share experiences and explore new and powerful ways to ensure their departmental voice features clearly in their Business’s strategic conversations. We’ve increasingly heard from our clients that they are often competing with commercial priorities to get HR onto the agenda with the senior team. For many, it seems there is often a more important or urgent issue to address and the people agenda is getting pushed down the list. With such an important agenda we found right from the start of the day that participants quickly started tackling topics including HR strategy, corporate performance, growth and expansion, management development and succession planning. ...

24
Jul

As of September, one of the largest companies in the world will do all of its employees and managers an enormous favor: It will get rid of the annual performance review. Accenture CEO Pierre Nanterme told The Washington Post that the professional services firm, which employs hundreds of thousands of workers in cities around the globe, has been quietly preparing for this “massive revolution” in its internal operations. “Imagine, for a company of 330,000 people, changing the performance management process—it’s huge,” Nanterme said. “We’re going to get rid of probably 90 percent of what we did in the past.” The firm will disband rankings and the once-a-year evaluation process starting in fiscal year 2016, which for Accenture begins this September. It will implement a more fluid system, in which employees receive timely feedback from their ...

10
Jun

HR Disrupted – Insight by Paul Tuck

This article, HR Disrupted: The Next Agenda for Transformation and Delivering Value, features Dave Ulrich who has been at the centre of HR Strategy for decades. During which time he has anticipated the changing shape of HR and the increasingly strategic nature of the role. The emphasis in this article is on the enabling role technology plays in transformation and creating value.  Ulrich argues that a strategic HR function needs the data, insight and a scalable platform to enable the achievement of strategic objectives. An HR function armed with insightful data, cloud based services for recruiting and managing people and the ability to engage with its people in real time is well positioned to successfully drive organisational performance.   Advances in technology also enable strong and measurable two way engagement – how employees experience ...

24
Nov

13 Key Elements of a Great Strategy

An effective strategy is critical to business success - it allows you to evaluate where you want your company or project to go and how in order to ensure you are relevant in the marketplace. In this poster, Frank Sonnenberg lays out 13 elements of a great strategy which would be great to use as a check-list...   1. Objective - Is the objective clearly defined, and is it based on a realistic view of the marketplace? 2. Knowledge - Is the strategy based on superior knowledge of your customer, marketplace, and competition and a realistic assessment of your own capabilities? 3. Initiative - Does the strategy enable you to set the pace in the field and jump ahead of the competition? 4. Mass - Are you focusing your efforts in those areas that provide the ...