Agile Governance: Reimagining Policy-making in the Fourth Industrial RevolutionAgile Governance: Reimagining Policy-making in the Fourth Industrial Revolution

The Fourth Industrial Revolution is characterized by the unprecedented advances in technology transforming the way individuals and groups across society live, work and interact. New principles, protocols, rules and policies are needed to accelerate the positive and inclusive impacts of these technologies, while minimizing or eliminating their negative consequences.

The institutions that have traditionally had the responsibility of shaping the societal impacts of these technologies – including governments, companies and civil society organizations...Read more

Entrepreneurship Is All About Overcoming ObstaclesEntrepreneurship Is All About Overcoming Obstacles

Entrepreneurship is not a destination; it’s a journey. On this journey, successful entrepreneurs don't have an expectation of “arriving” to some finish line. If you do have that expectation, you won’t continue to push yourself to step outside of your comfort and grow. You won’t seek out the things that truly help your business experience explosive results because all those things require you stretching yourself.

On any journey, you have times of joy and more than a few setbacks. During the times of joy, you feel like you can accomplish anything. It gives you the strength and...Read more

You Cannot Be a Good CEO Without These SkillsYou Cannot Be a Good CEO Without These Skills

What does it take to be the Chief Executive Officer of an organisation? There is no one answer to this question as the role of a leader is a multi-faceted one. Today’s leaders are expected to possess a wide variety of skills and knowledge. Managing the C-suite is more than just functional. Earlier, organisations would hire those leaders who had relevant management experience. Today, they are willing to place their bets on leaders who bring different skill sets to the table and use those to help the organisation navigate the rapidly turbulent business environment...Read more

Jeff Bezos Reveals 3 Strategies for Amazon's SuccessJeff Bezos Reveals 3 Strategies for Amazon's Success

“It remains Day 1.” That’s how Jeff Bezos, founder and CEO of Amazon, signed off in his 2018 letter to shareholders. He’s been propagating the “day 1” mantra for decades, and it’s meant as a reminder that Amazon should never stop acting like a startup -- even though the company now boasts more than 560,000 employees and more than 100 million members of Amazon Prime, the company’s paid service for free shipping on select items.

Here are some of the most useful nuggets of wisdom Bezos shared in his letter and during a recent...Read more

Future Is to Be Invented Not to Be Figured OutFuture Is to Be Invented Not to Be Figured Out

However, most of us spend an enormous amount of time trying to predict or to forecast it by creating a “Meticulous Business Plan for Life.” Life then transforms into the “Casino Royal” as we convert to the needy-greedy gamblers seeking to hit the jackpot. We make a bet with reality and commit ourselves to being accurate about our predictions. We devote ourselves to endure our judgment — to be right at all cost — and while we may occasionally win — the other times we cover up our defeat by nothing more than denunciation, justification or reasoning. This is the etymology of a decision-making process.

Today’s business attributes the highest value to predictions and forecasting results. Standardized procedures provide answers to reliable, foreseeable and efficient operations. Human relations based on contractual obligation...Read more

A new industrial policy will soon be announced, emphasis on MSME: Suresh PrabhuA new industrial policy will soon be announced, emphasis on MSME: Suresh Prabhu

It looks like the SME sector and the Indian economy in general will soon see significant changes as a new industrial policy will soon be introduced by the Government. "We will soon announce the details of a new industrial policy that is being worked upon by this government. We hope to promote SMEs in the fastest way, aiming at enhancing the global supply chain,” said Minister of Commerce and Industry and Civil Aviation, Suresh Prabhu announced at the International SME convention.

According to an earlier ET report, the new policy would be the major intervention after the industrial policies of 1956 and 1991 and the draft has so far been shared only with a limited audience: select captains of industry, economists, think tanks and policymakers...Read more

Walmart to hit buy on $12 billion Flipkart deal?: Key things to knowWalmart to hit buy on $12 billion Flipkart deal?: Key things to know

With world’s largest retailer Walmart Inc adding India’s Flipkart to its shopping cart in a $12 billion deal, we are in for the biggest deal in India’s e-commerce space. Interestingly, the deal values Flipkart at $20 billion according to a Bloomberg report. This could mean a handsome reward for Tiger Global, one of the oldest investors in e-commerce giant Flipkart. Tiger Global Management will sell nearly all its 20 percent stake in Flipkart, while SoftBank Group Corp is expected to offload a substantial part of its 20 percent-plus holding, sources told Bloomberg. Currently, Tiger Global owns a little more than 20 per cent, while Naspers owns around 13 per cent, and Accel around 6.44 per cent in Flipkart. We take a closer look at how the deal may play out...Read more

These 11 questions will help you decide if blockchain is right for your businessThese 11 questions will help you decide if blockchain is right for your business

One of the most unique aspects of blockchain is its high number of evangelists – people who believe blockchain can solve everything from global financial inequality, to the provision of ID for refugees, to enabling people to sell their houses without an estate agent. The enthusiasm to (over) promote the technology is also damaging its long-term prospects.

This level of evangelism is both unwarranted and damaging to the overall development work required to reap the benefits of distributed ledger technologies...Read more

Where There Is No Vision There Is No BusinessWhere There Is No Vision There Is No Business

Small business ideas are just that ideas. In order to move an idea forward you must focus on how you envision success. As an entrepreneur, you’re the leader of your business, and having a strong vision of success is essential to great leadership. What is your vision? Can you articulate it? You should share it with everyone; your team, customers and potential investors. In the day to day of running a business, you need to get practical things done, but if you don’t remember why you’re doing it in the first place, your accomplishments can feel hollow. ...Read more

What if ordinary corporate innovation holds the key to success?What if ordinary corporate innovation holds the key to success?

It’s not always necessary to search far and wide. Sometimes the key is closer at hand, right inside the company. Some people understand that part of their professional activity involves being engaged in their firm’s future. We could call them corporate innovators. These profiles are far more widespread than we might imagine. They should be rewarded for their well-balanced and consistent behavior. They don’t belong to a club of nostalgic conservatives ranting about the good old days, nor are they cynical rebels who rail against their organization’s immobility. They build on its accomplishments and they’re reliable and predictable. They deliver what they committed to, but...Read more

Why the Most Productive People Don’t Always Make the Best ManagersWhy the Most Productive People Don’t Always Make the Best Managers

When a company needs a supervisor for a team, senior leaders often anoint the team’s most productive performer. Some of these stars succeed in their new role as manager; many others do not. And when they fail, they tend to leave the organization, costing the company double: Not only has the team lost its new manager, but it’s also lost the best individual contributor. And the failure can be personally costly for the new manager, causing them to doubt their skills, smarts, and future career path. Everyone loses...Read more

Operational Excellence: Defined

Many companies drive operational excellence into their operations. Yet when asked exactly what it is, there is always hesitation. Answers such as "It's about process quality (making perfect parts every time)," or "Applying lean tools everywhere to eliminate waste" are common. It is not an easy concept to quantify, and very difficult to explain in simple practical terms to an operator on the production floor, so they know what to do to create and sustain it...Read more

Strategy for Start-ups

As a start-up, RapidSOS was an easy sell: It would bring 911 calls into the smartphone age. Emergency-response systems had evolved in a premobile era, which meant that few of them could accurately identify the location of callers who were using mobile phones, compromising response times and medical outcomes. The founders of RapidSOS—Michael Martin, an HBS graduate, and Nick Horelik, an MIT engineer—had developed a way to transmit mobile phone locations to existing 911 systems that would require only minimal adaptation on the part of other players in the emergency-services sector. After attracting early-stage financing at business plan competitions, Martin and Horelik reached a crossroads: How should they take their technology to market?...Read more

News18 Rising India Summit ' What The Numbers Say?News18 Rising India Summit ' What The Numbers Say?

What The Numbers Says?...Read more







How Can You Build the Right Entrepreneurial SpiritHow Can You Build the Right Entrepreneurial Spirit

Entrepreneurship in India is inbuilt. It is instilled in the DNA of the Indians even before the word entrepreneur came into existence. India is poised to see an exponential growth and has been the seat of many successful ventures. If I had been 30 years younger I would have set up a business in India myself.

Teaching the young Indian mind is a delight. It is not just about the business, it’s also the ideas that they come up with. Worldwide too, the entrepreneurial thinking has...Read more

The Best Leaders See Things That Others Don’t. Art Can Help.The Best Leaders See Things That Others Don’t. Art Can Help.

I don’t often start essays about leadership with insights from French novelists, but in this case it seems appropriate. “The real act of discovery,” Marcel Proust wrote, “consists not in finding new lands but in seeing with new eyes.” Today the most successful companies don’t just outcompete their rivals. They redefine the terms of competition by embracing one-of-a-kind ideas in a world of copycat thinking. Which means, almost by definition, that the best leaders see things that other leaders don’t see.

That’s not as easy as it sounds, especially for leaders who have spent years at the same company, or in the same industry, or as part of the same discipline. Without ever intending it, experienced leaders...Read more

The Myth Of The Innovation LabThe Myth Of The Innovation Lab

Innovation labs have become popular as a way for established corporates to manage innovation. A quick search of the term “innovation labs” on Google news reveals quite a large number of innovation labs being opened on a monthly basis. Companies like Huawei, Unilever and Cisco have all launched new innovation labs in the past month. It appears that companies are finding innovation labs to be good way to explore new technologies and startup ideas.

So What’s The Problem?
Innovation labs can also present some serious challenges. One part of the problem is what Steve Blank calls "innovation theater." This happens when teams in innovation labs use lean startup tools without really understanding how they work. They take the...Read more

This is where India could become a global superpower soon, and World Bank is vouching for itThis is where India could become a global superpower soon, and World Bank is vouching for it

This January, India achieved the 20 GW solar capacity target, meant for 2022 — four years ahead of the deadline, and it did not go unnoticed. Endowed with more than 300 days of sunshine a year, the World Bank said, India is “making strides” towards becoming “a global solar superpower”. It said that to achieve the 20GW target, India has installed solar parks on large tracts of unused land across the country.

The World Bank also said that in areas where land is scarce for solar parks, rooftops hold huge potential. “Tapping the rooftop solar market will be essential...Read more

Reinventing India as a leading innovation nationReinventing India as a leading innovation nation

Our aspiration should be to reinvent India as an innovation nation. But look at India’s ranking in the Global Innovation Index. Among around 140 nations, during the past five years, India’s ranking has slipped from 66 (2013) to 76 (2014) to 81 (2015) and has now recovered to 66 (2016 and 60 (2017).

What is coming in the way? It is often lamented that Indian innovations are invariably incremental and not disruptive. They are often ‘first to India’ and not ‘first to the world’. They copy the ‘current best practice’ but don’t create the ‘next’ practice...Read more

She Was Told 'No' 100 Times. Now This 30-Year-Old Female Founder Runs a $1 Billion Business. She Was Told 'No' 100 Times. Now This 30-Year-Old Female Founder Runs a $1 Billion Business.

Editor's Note: Entrepreneur's "20 Questions" series features both established and up-and-coming entrepreneurs and asks them a number of questions about what makes them tick, their everyday success strategies and advice for aspiring founders.

So much of success is knowing when to stay the course, even when you’re met with rejection after rejection...Read more

A Simple Tool to Start Making Decisions with the Help of AI A Simple Tool to Start Making Decisions with the Help of AI

There is no shortage of hot takes regarding the significant impact that artificial intelligence (AI) is going to have on business in the near future. Much less has been written about how, exactly, companies should get started with it. In our research and in our book, we begin by distilling AI down to its very simplest economics, and we offer one approach to taking that first step.

We start with a simple insight: Recent developments in AI are about lowering the cost of prediction. AI makes prediction better, faster, and cheaper. Not only can you more easily predict the future...Read more

5 tips to create business processes teams will actually use5 tips to create business processes teams will actually use

Business process management (BPM) can encourage and sustain process excellence when you make it more about people, and less about technology. Involve teams to create processes that are well-constructed, easy to follow, and encourage suggestions for improvement.

This is critical if your business process improvement efforts are going to be successful. Anyone can create business processes. Here are five ways to create business processes teams will actually use...Read more

4 Questions Every Great Leader Should Be Able to Answer4 Questions Every Great Leader Should Be Able to Answer

Most entrepreneurs--especially new ones--charge into leadership with a cloud of aspirational adjectives ("inspiring," "benevolent," "collaborative") roiling their brains but no clear idea what those things look like in practice. The result is confusion, as employees try to deduce the boss's intent ("Am I supposed to take initiative here, or wait for the white flag?") and grapple with leadership that is situational...Read more

The Power of Leaders Who Focus on Solving ProblemsThe Power of Leaders Who Focus on Solving Problems

In front of a packed room of MIT students and alumni, Vivienne Ming is holding forth in a style all her own. “Embrace cyborgs,” she calls out, as she clicks to a slide that raises eyebrows even in this tech-smitten crowd. “Really. Fifteen to 25 years from now, cognitive neuroprosthetics will fundamentally change the definition of what it means to be human.”

She’s referring to the work that interests her most these days, as cofounder of machine learning company Socos and a visiting scholar at UC Berkeley’s...Read more

The challenge of turning ideas into reality: Reimagining enterprise innovationThe challenge of turning ideas into reality: Reimagining enterprise innovation

In the digital economy, consumers have a voracious appetite for change, and they expect it. To keep pace, business innovation cycles are shrinking faster than ever before, mirroring customer expectations and fast changing preferences. Today, innovation isn’t just a competitive advantage – it’s a necessity.

Cultivating the ‘here and now’ mindset
In response, every business must move away from the...Read more

What The Global Entrepreneurship Congress Means For EveryoneWhat The Global Entrepreneurship Congress Means For Everyone

This week, thousands of entrepreneurs, investors, policymakers, and supporters from all over the world will gather in Istanbul for the Global Entrepreneurship Congress (GEC), put on by the Global Entrepreneurship Network (GEN) and local partners. What began in Kansas City in 2009 with support from the Kauffman Foundation has, over 10 years, turned into the leading global event on entrepreneurship. Over the next few days, innumerable connections will be established between far-flung parts of the world, ideas will be exchanged, and, for at least a brief moment, the world will be united in support...Read more

View: Where India stands on logistics, the likely key driver in our post-GST roadView: Where India stands on logistics, the likely key driver in our post-GST road

The World Bank has a logistics performance index (LPI). Logistics means different things to different people. When Hannibal led the Carthaginian army over the Alps, he also thought of logistics, among other things. World Bank’s LPI is not about that kind of logistics, though there are parallels.

LPI is based on a country’s performance under six heads—efficiency of clearance process at the border (such as Customs), quality of trade and transport-related infrastructure...Read more

On reinventing India as a leading innovation nationOn reinventing India as a leading innovation nation

Among around 140 nations, during the past five years, India’s ranking has slipped from 66 (2013) to 76 (2014) to 81 (2015) and has now recovered to 66 (2016 and 60 (2017). Our aspiration should be to reinvent India as an innovation nation. One look at India’s ranking in Global Innovation Index, tells us it's a long road uphill.

What is coming in the way? It is often lamented that Indian innovations are invariably incremental and not disruptive. They are often ‘first to India’ and not ‘first to the world’. They copy the ‘current best practice...Read more

Want to Be a Great Leader? Become a Great IdentifierWant to Be a Great Leader? Become a Great Identifier

Once upon a time I was a member of the most productive crew in the department, which meant we were considered to be the best crew, because numbers were everything. But we didn't need a Jobs or Bezos or Sandberg or (pick your personal epitome of effective leadership) to get us there.

Steve was our Bobby Hurley (yep, old school college basketball reference): Always pushing, always encouraging, always making...Read more

Unleashing the Power of an Innovative Mind Unleashing the Power of an Innovative Mind

In one season, it rains heavily, cities get flooded with water, and life comes to a halt. In another season, there is scarcity of water and thousands of lives are affected every year with drought. Can I harvest the rain water and manage water scarcity?

This is what a Class 9 student from Atal Tinkering Lab in a Public school in Himachal Pradesh, India thought of while observing a problem, asking questions...Read more

How Autonomous Vehicles Might Reshape Our CitiesHow Autonomous Vehicles Might Reshape Our Cities

The last year or so has seen a number of interesting studies exploring our transition to a driverless world in terms of the costs and benefits the technology might bring. We've had studies exploring productivity benefits, environmental benefits and congestion benefits.

The latest, from the University of Toronto, explores the impact autonomous vehicles (AVs) could have in terms of the parking space that could be freed up in our towns and cities...Read more

The CNBC-TV18 India Business Leader Awards honoured the visionaries behind outstanding businessesThe CNBC-TV18 India Business Leader Awards honoured the visionaries behind outstanding businesses

CNBC-TV18 India Business Leader Awards (IBLA) presented by Standard Chartered, was held in New Delhi on 6th April 2018. The event honoured high-achievers, outstanding leaders and true visionaries of corporate India...Read more




What 40 Years of Research Reveals About the Difference Between Disruptive and Radical InnovationWhat 40 Years of Research Reveals About the Difference Between Disruptive and Radical Innovation

The second wave of digitization is set to disrupt all spheres of economic life. As venture capital investor Marc Andreesen pointed out, “software is eating the world.” Yet, despite the unprecedented scope and momentum of digitization, many decision makers remain unsure how to cope, and turn to scholars for guidance on how to approach disruption.

The first thing they should know is that not all technological change is “disruptive.” It’s important to distinguish between different types of innovation, and the responses they...Read more

Digital transformation to add $154 billion to India’s GDP by 2021, says MicrosoftDigital transformation to add $154 billion to India’s GDP by 2021, says Microsoft

Digital transformation in the country is expected to contribute about USD 154 billion to India’s GDP by 2021, tech giant Microsoft today said. The study by Microsoft and IDC, titled “Unlocking the economic impact of digital transformation in Asia Pacific”, said there has been a dramatic acceleration in the pace of digital transformation across India and Asia-Pacific economies. “In 2017, about 4 per cent of India’s GDP was derived from digital products and services created directly through the use of digital technologies like mobility, cloud, internet of things (IoT), and artificial intelligence (AI),” Microsoft India President Anant...Read more

Singapore leads in talent competitiveness in APAC, India stands at 81Singapore leads in talent competitiveness in APAC, India stands at 81

Singapore retains the top position in the Asia Pacific region for the fifth consecutive year in the Global Talent Competitiveness Index (GTCI) 2018. India stood 81st in the rankings. Globally, Switzerland took the first rank.

Last year, India was at the 92nd position. Switzerland was the top rank holder last year as well.
Produced in partnership with The Adecco Group and Tata Communications, the GTCI is an annual benchmarking report that measures the ability of 119 countries to compete for talent...Read more

Research: CEOs with Diverse Networks Create Higher Firm ValueResearch: CEOs with Diverse Networks Create Higher Firm Value

Leaders today hear a lot about the importance of having good networks. For example, firms with better-connected CEOs can obtain cheaper financing, and firms with well-connected board directors see better performance. We wanted to explore whether the diversity of CEOs’ networks might affect their firms.

Our study, published in the Journal of Corporate Finance, found that CEOs with strong connections to people of different demographic backgrounds and skill sets create higher firm value. We also found that this greater firm value comes from better...Read more

The story of Juneja siblings, the biggest disruptors in Indian pharma spaceThe story of Juneja siblings, the biggest disruptors in Indian pharma space

Sitting in his spartan Okhla Phase III office, Mankind Pharma chief executive Rajeev Juneja seems to embody a combination of the virtues of Nirma founder Karsanbhai Patel and management guru CK Prahalad.

Like the homegrown FMCG brand captured the middle class imagination with a glamorous advertising blitz using Bollywood divas in the 90s, Juneja siblings Rajeev and Ramesh have become disruptive warriors in their segment. And as with the management guru, corporate strategy has got...Read more

How to Use Stretch Goals to Increase InnovationHow to Use Stretch Goals to Increase Innovation

Have you ever been asked to define your own stretch goals? They’re still remarkably popular, despite a steady stream of articles and research that debunks the value of this approach altogether. It’s not so much the concept that falls to the ground, but rather its execution: Leaders require too much stretch, while providing too little support for advancing the goals themselves.

How Stretch Goals Fall Short
In the typically ineffective use of stretch goals, managers ask employees to hit unrealistic targets, causing employees to feel like they’re under threat. Some employees may become rigid in their thinking out of fear of falling short, while others may take unnecessary risks to deliver on the unrealistic goals...Read more

How Leading CEOs Nominate Their Top PeopleHow Leading CEOs Nominate Their Top People

The best CEOs have a genuine interest in human beings and commit to developing them.
Russian state carrier Aeroflot was an airline that the current CEO, Vitaly Saveliev, used to avoid. Known for bad service and an aged image, it had enough money for two weeks of business when Saveliev joined the company in 2009. But after five years in the top job, he had put the airline firmly back on track.

He was an industry novice, with no aviation background. But his insatiable thirst for learning and his vision to make Aeroflot one of Europe’s top carriers in customer experience, market share and profitability were crucial to the company’s turnaround. Equally important was how Saveliev nominated people to top jobs...Read more

Digital Identity: On the Threshold of a Digital Identity RevolutionDigital Identity: On the Threshold of a Digital Identity Revolution

This paper explores current digital identity systems and the trends that will have a significant impact in the future. It examines how identity and authentication mechanisms for humans, devices/things, and legal entities can share common definitions and support common values to create a more trusted digital economy and society...Read more

Bill Gates, Warren Buffett and Richard Branson have the same unexpected definition of successBill Gates, Warren Buffett and Richard Branson have the same unexpected definition of success

Bill Gates, Warren Buffett and Richard Branson are three of the wealthiest people alive today. They are all billionaires multiple times over. Indeed, Gates could become the world's first trillionaire. Yet each of them believes that success doesn't have to do with money.

Success, according to these three businessmen, has to do with how happy you and the people around you are...Read more

Today's Must-Reads For Entrepreneurs: The Uber of Scooters (Bird), The Airbnb of Cars (Turo)Today's Must-Reads For Entrepreneurs: The Uber of Scooters (Bird), The Airbnb of Cars (Turo)

The Economy
Inflation is hitting small businesses, but they fear raising prices: "Yankee Produce uses big trucks to haul and deliver the fruit, vegetables and other food it sells. But nationwide diesel prices are up an average of nearly 30 cents a gallon from a year ago, which makes filling up an average tractor-trailer nearly $100 more expensive than it was in early 2017. The difference comes out of profit. 'I'm taking home significantly less money on the same amount of sales as I had a year ago,' Savickas said. He's also facing higher borrowing costs. The interest on his business line of credit was in the 6 percent range when the Fed was keeping rates stable, but now it's between 7 percent and 7.5...Read more

Factors that drive innovation in organisationsFactors that drive innovation in organisations

We live in unprecedented times of technology advancements happening at blistering pace, creating endless possibilities for individuals and organisations. The global political and economic environment is also shifting constantly, often moving in unpredictable directions. It seems clear that innovation will be a defining trait of those organisations that thrive over the next few decades. In a 2015 survey of the Center for Creative Leadership, 94 percent thought innovation was important and only 14 percent thought their organisations were effective at innovating.

The research interviewed teams on the front lines of innovation work from various industries to better understand the leadership behaviours that encourage innovation...Read more

RBI may save on rupee printing costs by launching ‘central digital currency’RBI may save on rupee printing costs by launching ‘central digital currency’

Even though RBI (Reserve Bank of India) banned the use of virtual currencies including Bitcoins by the entities falling under its regulation, it’s open to an introduction of fiat digital currencies which will be issued by it. An interdepartmental group has been formed in order to study and provide guidance on the ‘desirability and feasibility’ to launch a ‘central bank digital currency’ and will submit its report by June, PTI reported citing central bank. Various central banks all across the world are debating on the likelihood of introducing a fiat digital currency which will be issued by them. They constitute liability of the central bank, and they will be in circulation in addition to the paper currency that we have,” Deputy Governor B P Kanungo told reporters...Read more

The Two Traits of the Best Problem-Solving TeamsThe Two Traits of the Best Problem-Solving Teams

Imagine you are a fly on the wall in a corporate training center where a management team of 12 is participating in a session on executing strategy. The team is midway through attempting to solve a new, uncertain, and complex problem. The facilitators look on as at first the exercise follows its usual path. But then activity grinds to a halt — people have no idea what to do. Suddenly, a more junior member of the team raises her hand and exclaims, “I think I know what we should do!” Relieved, the team follows her instructions enthusiastically. There is no doubt she has the answer — but as she directs her colleagues, she makes one mistake and the activity breaks down. Not a word is spoken but the entire group exude disappointment. Her confidence evaporates. Even though she has clearly learnt something important, she does not contribute again. The group gives up...Read more

Leading through emotionLeading through emotion

In a recent, highly experiential and interactive Discovery Event, Professor Ina Toegel highlighted the importance of minding, understanding, managing and expressing emotions to boost team creativity and innovation. She illustrated these concepts using examples from films, music, visual arts, literature and performance art.

Too often, organizational leadership focuses on ever-increasing results in a fast-paced and changeable environment with little space given to emotion. So, you may ask, what can organizational leaders possibly learn from the arts? Quite a lot, as it happens...Read more

Survey: Potential Entrepreneurs Like The Idea Of Hiring Vs Going SoloSurvey: Potential Entrepreneurs Like The Idea Of Hiring Vs Going Solo

Solopreneurs abound, but a recent global survey suggests a majority of potential entrepreneurs would rather hire people than work alone.

Fifty-seven percent of people surveyed for the 2018 Amway Global Entrepreneurship Report indicated they’d prefer to hire others.

The statistic emerged from a broad survey conducted by market research firm GfK SE, which found overall that entrepreneurial “spirit,” as measured by desire, feasibility and stability, or commitment to starting a business, remains healthy around the world, albeit a bit lower than in 2017...Read more

Innovation: Everyone’s Responsibility

Ask anyone in your organization to outline their responsibilities, and you’ll generally get the usual list—sales, marketing, employee benefits and other similar tasks.

Innovation? Sorry, not on the docket. That’s somebody else’s concern. This can be a dangerous mind-set. We are living in a time of transformational innovation—not mere change, but game-changing digital disruption...Read more

Who Says Women Can't Be Leaders?Who Says Women Can't Be Leaders?

Have you recently been promoted to a senior-level management position in your company or organization, and are concerned that despite having the talent, skills and work ethic necessary to lead, you lack the kind of strong presence that commands respect and gets results?

If you can identify with the above, don't worry -- you are not alone. Millions of women have entered the workforce over the last several decades, and through sweat...Read more

Indian services firms return to growth as demand picks up - PMIIndian services firms return to growth as demand picks up - PMI

India's services industry returned to growth in March as new business picked up on improved demand, a private survey showed on Thursday, encouraging firms to hire at the fastest pace in nearly seven years.

Hit by disruptions from a shock ban of high value currency notes and confusion around product pricing after the implementation of a new tax, the services industry had a disappointing fiscal year 2017/18...Read more

How Innovation as a Service is Important for Start-ups and CorporatesHow Innovation as a Service is Important for Start-ups and Corporates

Have you ever walked into a party and found that you’re the only one there because you’re early?

Standing on your own, a series of thoughts make you contemplate your decision. At first, you question whether you’re at the correct party. Then, you wonder if the party is worth attending, making you consider whether to leave or stay...Read more

Grass-fed cars move from science fiction to reality in $15 billion marketGrass-fed cars move from science fiction to reality in $15 billion market

An oil refinery in a region in India that’s more famous for its tea plantations is hoping to put its abundant greenery to new use.

A $200 million joint venture between Numaligarh Refinery Ltd. and Finnish technology firm Chempolis Oy will crush bamboo, the longest of the grass family, to produce 60 million liters of ethanol every year in the tea producing state of Assam. That’s enough to meet mandatory requirements for blending with gasoline in the entire northeastern region. The eight states that lie at the foot of the Himalayas together make up about two-thirds of India’s total bamboo production...Read more

Prepare today to transform business processes with AIPrepare today to transform business processes with AI

Artificial intelligence is poised to have a huge impact in automating business process management – including streamlining efficiency and creativity, and anticipating roadblocks to growth.

Soon, companies like Google, Microsoft and Amazon will make AI available to the masses.
As this paper from K2 explains, businesses need to begin capturing and sorting data now to power their AI ventures in the future...Read more


India can do a Silicon Valley in 5 years, innovation ecosystem needs a boost: World BankIndia can do a Silicon Valley in 5 years, innovation ecosystem needs a boost: World Bank

India has the potential to innovate on the lines of Silicon Valley but it needs to do more for expanding the innovation ecosystem as it aspires to become a middle income country, World Bank India head Junaid Kamal Ahmad said today.

He said what drives productivity is pertinent when it comes to innovation and is a very relevant question for India as it seeks to move up the ladder from low middle income to high income country...Read more

3 Ways To Help New Managers Quickly Establish Credibility3 Ways To Help New Managers Quickly Establish Credibility

Credibility is always an integral element of successful management (try being effective without it) and it's arguably most important of all for new managers, who are trying hard to make positive first impressions and establish themselves in what is often a challenging transitional environment.

I recently wrote a piece on time-tested ways to build leadership credibility. This one is specifically focused on the very different but very real credibility needs of new managers...Read more

How Visionary Leaders Create the Conditions for Innovation to FlourishHow Visionary Leaders Create the Conditions for Innovation to Flourish

Wake up. It’s 3 a.m. I’m in a cold sweat. I can’t sleep. I know I brought this on myself, so I only have myself to blame. This is the life of a founder who just bet his company on a risky effort to reinvent its core product.

Ten years ago, I accidently saved over an invoice and founded FreshBooks to make invoicing and accounting ridiculously easy for self-employed professionals and their teams. Since we started the company, a lot has changed. Ten years ago, there were no iPhones. Today, you can push a button on your phone and a car shows up at your door...Read more

Meet the Russian robot that's hiring humansMeet the Russian robot that's hiring humans

Future of Recruitment!

Created by a startup named Stafory, Robot Vera is powered by artificial intelligence software specially designed for recruitment.The founders of Stafory are Vladimir Sveshnikov (28) and Alexander Uraksin (30).

Hiring for Top Firms

Robot Vera is aiding Stafory by conducting recruitments for its around 300 clients which includes names like furniture maker Ikea, PepsiCo, and L’Oréal...Read more

Six Principles For Creating A Good Corporate Innovation ProcessSix Principles For Creating A Good Corporate Innovation Process

Innovation is management. For those of us that want to create a lasting innovation culture in our companies, understanding this principle is vital to success. There may be plenty of myth making around innovation these days, but innovation is not about working on random ideas to see what sticks. Companies need to develop a clear point of view about where the world is going and the key trends that could impact their business. They then need to develop a clear innovation strategy that informs the types of new ideas they will invest in for the future.

In addition to a clear innovation strategy, companies also need a clear process for managing new ideas once they have them. I am often amazed...Read more

7 Qualities Every Exponential Leader Must Possess

In the times we live and operate in today, competition is stiff. Companies are gunning to be the first, the most innovative and technologically advanced, the most sizeable player in the industry and even have the most decorated group of talent employed with them. With all this happening, leaders face the challenge of being right on the mark when it comes to delivering on their vision and motivating their talent to extract the most from them. It’s the time of the exponential leader – a leader who isn’t looking for just growth and expansion, isn’t worried about the next 5 or 10 years, but is instead leading the way to impact the future.

Much like the evolution of technology, management and manufacturing, leadership also has had to evolve in recent years. Those leaders who’ve transitioned to exponential thinking have enjoyed much success. Those who haven’t kept up with the change have led their companies to a state of desperate need of survival...Read more

If you dare the impossible, you can achieve the extraordinary

Drucker wrote about what could be done under difficult or impossible conditions and that included just about everything. His list of extraordinary leaders started in ancient times. His favorite book on leadership was Xenophon’s Anabasis. Xenophon was a Greek historian. Anabasis was written 2300 years ago. But before he turned to writing history, Xenophon was a Greek general elected by soldiers after all their generals had been tricked into coming to a party weaponless and killed by their Persian hosts. The job Xenophon was elected to perform was to lead 10,000 Greeks soldiers, outnumbered, and in hostile territory over a thousand miles from the interior of Babylon to the coast of the Black Sea. This was a true ‘mission impossible.’ Against all odds Xenophon accomplished this successfully...Read more

Women in Entrepreneurship: The 3 Must HavesWomen in Entrepreneurship: The 3 Must Haves

Entrepreneurship is the new Friday; but, as glossy as it may sound, it's not for everyone. Seventy percent of start-ups fail before getting to their third year and it isn't because they don’t know their stuff or because the product/service they offer is outdated. Instead, it’s because of the personality of the start-ups team members.

People tell the story. According to research by the Global Entrepreneurship Monitor (GEM), the number of female entrepreneurs in 2016 increased by 13% compared to male entrepreneurs who only grew by 5%. This is a good indication that women business owners are doing something extra to weather the entrepreneurial storm...Read more