Why the pace of change demands a new approach to labor
With four key pressure points impacting business globally, HR outsourcing is emerging as a core strategy for success. Living Among Wolves combines all four of Rolf Kleiner's white papers exploring the four forces driving the uptake of HR outsourcing. For more information download your copies today:
- In Fast Company
- Strategy is Nothing Without Speed
- Survivability is Adaptability
- The Need to Find a New Workforce
Are You Ready to Form Voltron? (June 2010)Ben Malbon
Ridiculously swift 10-minute introduction to T-shaped people and why they are important within integrated creative agencies. Presented on June 7th 2010 at the Boulder Digital Works 'Evolve' Event at the ADC in NY, as part of Internet Week.
In addition to sketching out why these hybrid people are so important in creating new forms of output, I briefly touch on the importance of the agency implementing the right kind of 'operating system' (the processes, values and culture within a company) if the fancy new 'software' is going to run smoothly.
What is Intelligent Content
How has content on the internet evolved
Some examples of intelligent content, both online and offline
What do we see on the internet going forward?
Are You Ready to Form Voltron? (June 2010)Ben Malbon
Ridiculously swift 10-minute introduction to T-shaped people and why they are important within integrated creative agencies. Presented on June 7th 2010 at the Boulder Digital Works 'Evolve' Event at the ADC in NY, as part of Internet Week.
In addition to sketching out why these hybrid people are so important in creating new forms of output, I briefly touch on the importance of the agency implementing the right kind of 'operating system' (the processes, values and culture within a company) if the fancy new 'software' is going to run smoothly.
What is Intelligent Content
How has content on the internet evolved
Some examples of intelligent content, both online and offline
What do we see on the internet going forward?
The social life of ideas: From innovation to profitHay Group India
The main challenge in organizational innovation lies in its execution, and not in having more ideas. Top companies create supportive cultures that transform ideas into profitable investments.
Companies need innovation to survive. In fact, there is no shortage of clever people and smart ideas. Hence the competitive edge comes from having the best execution – from the time the idea is first identified, shepherded through the corporate maze, and into the hands of the paying customer.
And yet, in many companies, the chase for short-term profitability can become the Achilles heel of long-term business sustainability. The way to avoid this is to have a deep-rooted culture that promotes innovation and new ideas to filter up and sideways.
New challenges in interactive media & video game localization projectsVictor Alonso Lion
How are globalization, technology and the rise of social networks and virtual communities affecting interactive media localization projects? Globalization and the increased access to new technology have opened new opportunities but also bring quite a few new challenges.
The game localization process cannot be considered at the end of the game production cycle anymore. Code and content internationalization has to be considered since the very beginning of the design process. Awareness of international requirements needs to be present at an early stage of the game creation.
Of course localization approaches vary depending on the specific needs and the global ambition of the developer. New online project management and collaboration tools, combined with an easier outsourcing, makes the creation of global teams possible for companies of all sizes. Many of the tasks that big developers could only perform in-house, now can be taken care by all types of external vendors. Cloud computing and virtualization is an important enabler of this trend.
The amount of content that needs to be localized has increased significantly. Developers and distributors need to consider alternative approaches for different types of content. Wikis, Forums and online Guides can now be managed by the players themselves. Those who consider Crowdsourcing as a cost saving approach are failing, while those who enable fan participation and use this approach to create a sense of community are creating solid networks of contributors and buyers.
An easier access to international markets also brings new challenges. A direct translation is not valid anymore to engage costumers. Players need to feel they are taken into consideration in the games they chose to play. Culturalization checks are now crucial, not because of legislation, but because a crowd of game players is scrutinizing every single detail. Localizers and developers have to work together in order to produce a set of products that will please the different markets. Localizers need to be proactive and propose changes, while developers need to code with a conscience that their game will need local adaptations.
The session will explore the mentioned topics and trends and will provide guidance on what works and what doesn’t. The reasons why a new global, community driven, and locally adapted mindset is necessary to succeed in such a competitive industry will be analyzed.
Every passing year advances are getting bigger and bigger and happening more and more quickly. It suggests some pretty intense things about our future. In the twenty-first century, billion-dollar industries can be disrupted and waylaid virtually overnight—no sector of commerce or government is immune to the threat.
Mardigras is a french word for Fat Tuesday when Christians feast upon rich fatty food before practicing Lent season which begins on Ash Wednesday. People celebrate wearing masks, costumes in resplendent colours.
A couplet is mostly used by an author to provide entertainment and make the content of the speech more interesting. I believe it is inserted by Shakespeare to provide clarity to the audience as well as to provide a brief relief from some of the difficult terminology and symbolism that he uses in his plays.
The social life of ideas: From innovation to profitHay Group India
The main challenge in organizational innovation lies in its execution, and not in having more ideas. Top companies create supportive cultures that transform ideas into profitable investments.
Companies need innovation to survive. In fact, there is no shortage of clever people and smart ideas. Hence the competitive edge comes from having the best execution – from the time the idea is first identified, shepherded through the corporate maze, and into the hands of the paying customer.
And yet, in many companies, the chase for short-term profitability can become the Achilles heel of long-term business sustainability. The way to avoid this is to have a deep-rooted culture that promotes innovation and new ideas to filter up and sideways.
New challenges in interactive media & video game localization projectsVictor Alonso Lion
How are globalization, technology and the rise of social networks and virtual communities affecting interactive media localization projects? Globalization and the increased access to new technology have opened new opportunities but also bring quite a few new challenges.
The game localization process cannot be considered at the end of the game production cycle anymore. Code and content internationalization has to be considered since the very beginning of the design process. Awareness of international requirements needs to be present at an early stage of the game creation.
Of course localization approaches vary depending on the specific needs and the global ambition of the developer. New online project management and collaboration tools, combined with an easier outsourcing, makes the creation of global teams possible for companies of all sizes. Many of the tasks that big developers could only perform in-house, now can be taken care by all types of external vendors. Cloud computing and virtualization is an important enabler of this trend.
The amount of content that needs to be localized has increased significantly. Developers and distributors need to consider alternative approaches for different types of content. Wikis, Forums and online Guides can now be managed by the players themselves. Those who consider Crowdsourcing as a cost saving approach are failing, while those who enable fan participation and use this approach to create a sense of community are creating solid networks of contributors and buyers.
An easier access to international markets also brings new challenges. A direct translation is not valid anymore to engage costumers. Players need to feel they are taken into consideration in the games they chose to play. Culturalization checks are now crucial, not because of legislation, but because a crowd of game players is scrutinizing every single detail. Localizers and developers have to work together in order to produce a set of products that will please the different markets. Localizers need to be proactive and propose changes, while developers need to code with a conscience that their game will need local adaptations.
The session will explore the mentioned topics and trends and will provide guidance on what works and what doesn’t. The reasons why a new global, community driven, and locally adapted mindset is necessary to succeed in such a competitive industry will be analyzed.
Every passing year advances are getting bigger and bigger and happening more and more quickly. It suggests some pretty intense things about our future. In the twenty-first century, billion-dollar industries can be disrupted and waylaid virtually overnight—no sector of commerce or government is immune to the threat.
Mardigras is a french word for Fat Tuesday when Christians feast upon rich fatty food before practicing Lent season which begins on Ash Wednesday. People celebrate wearing masks, costumes in resplendent colours.
A couplet is mostly used by an author to provide entertainment and make the content of the speech more interesting. I believe it is inserted by Shakespeare to provide clarity to the audience as well as to provide a brief relief from some of the difficult terminology and symbolism that he uses in his plays.
View this presentation and get yourself updated with some important and trendy web designing tips provided by MAP Systems, one of the renowned companies offering high quality graphic designing and web development solutions.
http://mapsystemsindia.com/digital-graphics-services/web-designing.html
Thomas Siebel - Digital transformation - Book Summary Pietro StopponiPietro Stopponi
DIGITAL TRANSFORMATION
Survive and Thrive in an era of mass extinctions
Thomas M. Siebel
Examination of the new technologies that are disrupting business and government, and how organizations can harness them to transform into digital enterprises:
- elastic cloud computing,
- big data,
- artificial intelligence,
- internet of things.
History teaches that those who take the lead in technological revolution reap the greatest reward.
Digital transformation must be driven from the top down BY THE CEO.
Digital Transformation – A necessity NOW!
Book Summary
Don’t have time to read series
Content Curation Pietro Stopponi, MBA Chicago Booth
Technology and behavior megatrends are reshaping business globally. To advance and grow, organizations need new ways to connect to both employees and customers, because old paradigms are costly.
Summary of the Book Exponential organizationsGMR Group
Happy Morning
I have made a small attempt to summarize this book after reading this number of times.
In this book Salim Ismail gives a deep dive – Exponential Organizations where he shows how any company, from Startup to a multi-national , can become exponential.
The author unveils years of research learning how organizations can accelerate growth through use of Technology. The goal of the book is to provide you with the knowledge to leverage assets such as big data, communities, algorithms, and new technology to achieve performance ten times better than your competition.
It is good book for entrepreneurs who need a guide for harnessing and strategizing the hyper growth of a company that feeds off of modern technology in the 21st century and beyond.
Because we focus on accelerating technologies and the future we identified an infection point in how we build businesses that has never noticed before.
Most CEOs see innovation as product or service innovation. But there is also process innovation, social innovation, organizational innovation, management innovation, business model innovation etc.
Those business that do not evolve , will not survive
Happy Reading
Agility: a whitepaper from LRN LAB by innogy Consultinginnogy Consulting
Agility means going against the grain of traditional business to develop a new understanding of leadership and management in the digital era. Read how LRNLAB and innogyConsulting view this inevitable shift in organizational structure.
Grib mulighederne med seneste IT trends- få Microsoft overblikket og nyhederneMicrosoft
Den markante digitale udvikling og nye mega trends skaber spændende muligheder for dig som IT ansvarlig. Grib muligheder inden for Produktivitet, Cloud, Big Data, Enterprise Social og Forretningsapplikationer, så du sikrer at IT understøtter forretningen og løbende er på forkant med udviklingen. Kom og hør hvordan Microsoft med sin samlede pallette af løsninger mener, at kunne hjælpe dig med at løfte din virksomhed ind i fremtiden. Der er altid nye muligheder med de nyeste løsninger. Teknologi Direktør Ole Kjeldsen vil i samarbejde med Microsofts løsningsansvarlige sætte scenen for Microsoft Next. Få et indblik i løsningernes sammenhæng og se demonstrationer af de nyeste elementer.
Disruptive trends shaping the business landscape Singapore - 21 Aug 2019Future Agenda
Future Business Trends
How will global trends disrupt business in the next decade?
Ahead of the first of three speeches / workshops in Singapore over the next few months, this is an overview of some of the key potential drivers of change for businesses.
After some up-front context on foresight it addresses four major area of potential disruption
• The Future Consumer
• Purpose of the Company
• Digital Business
• Future Organisation
If you would like more detail on any of these issues or to know more about the workshops, do not hesitate to get in touch.
Fast forward or Slow Reverse by Rohit Talwar 09/01/14Rohit Talwar
Here we explore five major forces that could shape the next decade and examine the implications for the property sector. Major forces include: economic conditions, science & technology, demographic changes, sustainability, breakthrough innovation
The 10x Effect - Unlocking the Business Transforming Secrets of Exponenital10x Nation
Our world is on the precipice of a major paradigm shift in business.
The age of cumbersome corporate giants is coming to a close. And the age of the agile exponential business is coming online.
The pace and scope of growth in technology has made the status quo model of scarcity-centered business almost completely obsolete.
On the flip side, these ever-accelerating technologies are allowing abundance-minded businesses to do far more with far less.
Embracing exponential practices like cloud computing, crowd-sourcing, and staff-on-demand have allowed a new generation of companies to experience unprecedented growth, scalability, and agility.
But how can embracing these exponential changes affect positive change in your business?
Global socio-economic, demographic and technological forces that HP calls Megatrends will have a sustained and transformative impact on businesses, societies, economies, cultures and our personal lives in unimaginable ways in the years to come.
Interested in learning more about Megatrends? Visit hpmegatrends.com.
**Please note this presentation was developed prior to the COVID-19 pandemic, so although we don’t address it directly, we do speak to the innovations and solutions that exist beyond it. We hope this knowledge opens a window of hope and possibility to what awaits us on the road ahead.
A White Paper looking in detail at the barriers across the public realm to breakthrough social innovation - and 20 recommendations for policy, public sector innovation, philanthropy, social enterprise and non-profits to transcend them.
Company Valuation webinar series - Tuesday, 4 June 2024FelixPerez547899
This session provided an update as to the latest valuation data in the UK and then delved into a discussion on the upcoming election and the impacts on valuation. We finished, as always with a Q&A
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
The key differences between the MDR and IVDR in the EUAllensmith572606
In the European Union (EU), two significant regulations have been introduced to enhance the safety and effectiveness of medical devices – the In Vitro Diagnostic Regulation (IVDR) and the Medical Device Regulation (MDR).
https://mavenprofserv.com/comparison-and-highlighting-of-the-key-differences-between-the-mdr-and-ivdr-in-the-eu/
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
➢ SUPER JUNIOR-L.S.S. THE SHOW : Th3ee Guys in HO CHI MINH
➢FreenBecky 1st Fan Meeting in Vietnam
➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢ WOW K-Music Festival 2023
➢ Winner [CROSS] Tour in HCM
➢ Super Show 9 in HCM with Super Junior
➢ HCMC - Gyeongsangbuk-do Culture and Tourism Festival
➢ Korean Vietnam Partnership - Fair with LG
➢ Korean President visits Samsung Electronics R&D Center
➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
VAT Registration Outlined In UAE: Benefits and Requirementsuae taxgpt
Vat Registration is a legal obligation for businesses meeting the threshold requirement, helping companies avoid fines and ramifications. Contact now!
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At Techbox Square, in Singapore, we're not just creative web designers and developers, we're the driving force behind your brand identity. Contact us today.
2. WITH FOUR KEY PRESSURE
POINTS IMPACTING
BUSINESS GLOBALLY,
HR OUTSOURCING IS
EMERGING AS A CORE
STRATEGY FOR SUCCESS.
CONTENTS
3 IN FAST COMPANY
8 STRATEGY IS NOTHING WITHOUT SPEED
14 SURVIVABILITY IS ADAPTABILITY
18 THE NEED TO FIND A ‘NEW’ WORKFORCE
à Å
3. 1
IN
FAST
COMPANY
THE RATE AT WHICH THE
WORLD IS CHANGING IS
ACCELERATING, POSING A
NEW THREAT TO LONG-TERM
BUSINESS SUSTAINABILITY.
à Å
4. 4 | LIVING AMONG WOLVES: IN FAST COMPANY
IF WE TAKE A LOOK AROUND, IT’S NOT JUST FINANCIAL
MARKETS THAT ARE IN TURMOIL. Social and political environments across
the globe are also in flux. Entrenched governments are falling, new networks and communities
for social change are forming. We’ve entered a time of heightened volatility, increased
instability and significant change—change that is accelerating with each passing day.
As individuals, and as organizations, we are • It took Apple’s iTunes store nearly three • Half of what a university student learns
communicating and collaborating about this years to sell its first billion songs (2003- in their first year of education is obsolete
change at an astonishing rate: 2006). Just two years later (June 2008) it by the time they graduate
had sold 5 billion. And less than two years
• 3000 books are published every day on later again (February 2010) it had doubled • Ten thousand baby boomers exit the
the earth to 10 billion workforce every day around the world
• There are over 1 billion Google searches The labor market, as a consequence, is also in • When children born this week enter the
conducted and more than 8 billion text a phase of accelerating change: workforce 20-plus years from now, there
messages sent, every day will likely be a very inexpensive computing
• The top 10 jobs a decade from now don’t device that is more powerful than the
• Over 35 hours of video are uploaded even exist yet human brain
to YouTube each minute
à Å
5. 5 | LIVING AMONG WOLVES: IN FAST COMPANY
IF WE REALLY WANT TO UNDERSTAND HOW
THIS RAPID-FIRE CHANGE IS THREATENING THE
SUSTAINABILITY of even well-established, global corporations,
we need only look to industries that have been subject to swiftly changing
consumer behavior and the consequences they’ve experienced.
Think about Blockbuster. In 1985, the first Netflix (now a major ‘on demand’ provider) brand to being swallowed up by a once much
Blockbuster store opened in Dallas, Texas. back in 2000 for just USD 50 million turned smaller rival.
The expansion of the chain was rapid and out to be a fatal error. As Blockbuster’s
successful and a culture of home movie total worth dwindled to around $24 million, Both the music and film industries have been
viewing grew up and sustained this expansion Netflix added subscribers to its service at an turned on their heads in under a decade—a
for just shy of two decades. Then something astonishing rate, and continues to do so. very short time in the world of strategic
happened. planning and execution for large global
In the first quarter of 2011 Netflix added organizations. It is tempting to look back on
As the world of ‘on demand’ took hold and around 3.3 million domestic subscribers to its the Blockbuster example and think the shift
Blockbuster’s traditional revenue stream web-streaming movie and TV products, nearly and the opportunity was obvious, yet these
began to drop, they faced the ultimate test: double that of the previous year. Meanwhile, a dramatic falls are not new.
change and change quickly. fire sale of Blockbuster has seen it purchased
by one of Netflix’s major competitors, Dish
Unfortunately, Blockbuster didn’t make it in Network. It took a little over two decades for
time. Their rejection of an offer to purchase Blockbuster to go from powerful, successful
à Å
6. 6 | LIVING AMONG WOLVES: IN FAST COMPANY
WHAT IS NEW IS THE INCREDIBLE SPEED WITH
WHICH THESE CHANGES in the competitive landscape are
taking place, and how quickly traditional rivals are trading places.
General Motors (GM) took 30 years to to earth – but who missed the switch from competitive landscape where dominance
move from a market-leading position into analogue to digital. They are now riding the doesn’t last, even if you think you have a
bankruptcy. In 2007, Toyota surpassed GM Android wave, but each of the players in the ‘killer’ product.
as the largest corporation in the world, yet mobile device segment understands that
holding that position for 30 years, as GM once change is always knocking at their door. Even Microsoft did not welcome the news of
did, is increasingly unlikely. BlackBerry, once supremely dominant among Apple surpassing it in terms of market
corporate users, has been forced to change capitalization in 2010, nor did Dell when the
In the tech space, the examples of dominant with the popularity and swift adoption of the same occurred to them in 2006. Sony is only
market positions changing quickly are even iPhone and Android. too aware that the dominance it once enjoyed
more stark. through its compact disc technology is now
Business is accustomed to, and thrives on, harder to match. Tech giants everywhere are
Think Motorola, who dominated the wireless competition. But this is not just competition racing to unveil their own tablet computer to
radio market – including having the message we’re talking about. This is worldwide, frenetic rival the iPad. And on it goes, change at an
from the first men on the moon beamed back change, which is fuelling in increasingly fierce ever-increasing pace.
à Å
7. 7 | LIVING AMONG WOLVES: IN FAST COMPANY
AS WE GAZE IN AWE OF THE SPEED, AGILITY AND
INNOVATION OF THE APPLES AND GOOGLES
OF TODAY, we must remember that big falls come from great
heights. It’s clear that market leaders are acutely aware of the speed of
change in the world they live in, and that they are helping to drive it, but
no one is immune to these dramatic shifts in behavior and sentiment.
Each of the examples above illustrate the Standing still is not an option. And many
point that the pace of change within the global organizations have learned the hard
business community is increasing substantially, way that to operate differently, they need to
and this is redefining the way we must think think differently.
about business leadership.
This is why innovative outsourcing solutions
If change is happening faster, even large are becoming necessary to business
global organizations that traditionally struggle sustainability over the long term. A workforce
with agility must find ways to: that is unencumbered by established
processes, practices, beliefs, and infrastructure
• do more with less; is going to challenge the norms of any
business, but it’s also going to offer new ways
• innovate faster;
to react to rapid market change.
• think beyond their current paradigm; and
• adapt continuously.
à Å
8. 2
STRATEGY
IS NOTHING
WITHOUT SPEED
SOME 70% OF STRATEGIC PLANS
ARE NEVER EXECUTED. TO STAY
COMPETITIVE, NEW TIMEFRAMES
AND APPROACHES ARE NEEDED
TO BRIDGE THE GAP BETWEEN
STRATEGY AND EXECUTION.
à Å
9. 9 | LIVING AMONG WOLVES: STRATEGY IS NOTHING WITHOUT SPEED
REMEMBER WHEN STRATEGIC PLANS WERE WRITTEN IN
FIVE- TO 10-YEAR TIME SPANS? Remember when they were closely held
secrets at the top of corporations, not widely shared internally, and certainly not externally?
For all of us, in virtually every industry, those For many large, global organizations, the
days are gone. Commoditized markets have dream of being fast, lean and agile seems
significantly shortened the business cycle. perpetually out of reach. We know this
Now, every business must: because almost 70% of strategic initiatives
are never successfully executed, and a 2010
1. do more with less Harvard Business Review survey showed
that just 37% of readers felt their companies
2. innovate more, and more quickly
were “very good” or “excellent” at
3. be agile and adaptable strategy execution.
4. avoid holding on to old paradigms or As the pace of change in the world around us
dated thinking increases, and the business cycle contracts,
the reality is that strategy is nothing without
speed of execution, and most of us are failing
that critical test.
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10. 10 | LIVING AMONG WOLVES: STRATEGY IS NOTHING WITHOUT SPEED
IDENTIFYING THE BARRIERS. Two key issues
have occupied the minds of CEOs for some time now.
1. how do we access the skills and 1. Only select people in the organization
talent necessary to drive execution feel that strategy is ‘their job’ – a gap
of strategy; and between strategy and execution is created
2. how do we effectively collaborate 2. Too few people are engaged in the
both internally and externally? strategy from the outset
Both of these issues— accessing the right 3. The time to write and approve strategies
talent and facilitating effective collaboration— takes too long and erodes execution time
have meant that the accepted practice of
writing a strategy, getting it approved by the 4. Disengagement from strategy at the
CEO and then going about communicating lower levels of an organization leads to
and executing it has fundamental flaws. This poor decision-making
top-down approach means that:
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11. 11 | LIVING AMONG WOLVES: STRATEGY IS NOTHING WITHOUT SPEED
MAKING STRATEGY EVERYBODY’S JOB. Cisco is
the best possible model of how a large global business can operate as a
‘distributed idea engine’, where leadership emerges organically, unfettered
by central command, and strategy is acted out on a continuous basis.
Cisco actively engages large networks business decisions, or to share ideas, and as a large numbers of staff vote on the validity and
of staff in boards and councils that have result decisions are made much, much faster. popularity of particular component designs.
real decision-making power and financial Not only has this reduced its product offering
responsibility, as well as their own (sometimes LEGO too has a broad base of decision makers and therefore increased its profitability, it has
unorthodox) tools for collaborating and to execute their strategy—and they learnt to restored the core values of the brand of quality
sharing information. By mobilizing this army of do so the hard way. After unleashing designers and flexibility.
some 500-plus employees to play a significant to diversify their product offering to an
role in core decision-making, Cisco is seeing unsustainable 12,000+ items (from 7000 just a Decision-making, including big picture
business plans drawn up and executed in few years prior), production costs went through strategic decisions, can no longer be confined
a fraction of the time it used to take. This the roof. After the mistake began to take a to the boardroom.
radical and less stringent approach to process serious toll on profitability in the mid-2000s,
means they no longer rely solely on the senior LEGO realized its error. They have since moved
executive team and CEO to make major to a broad decision-making model, where
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12. 12 | LIVING AMONG WOLVES: STRATEGY IS NOTHING WITHOUT SPEED
BRIDGING THE GAP BETWEEN STRATEGY AND
EXECUTION. No matter how brilliant a strategy may be, if staff do not
have the tools and resources to execute, it will fail.
Obvious though that may seem, resourcing is change programs, new technology and remaining competitive, especially when time-
consistently ranked as a key issue for staff in innovation are all important internal focuses, sensitive patents are the key to long-term
implementing change. accessing a talent pool that can already profitability. Linking with smaller, more agile
deliver what you need is a shortcut many and singular-focused R&D firms to assist with
Without the right people, engaged at the organizations now need, because they simply drug development decreases the time to
right time, strategic pace can end up being don’t have the lead-time they used to. market for new treatments considerably.
little more than empty activity. Everyone feels
busy, and perhaps even burdened or burnt The noisy, swiftly changing business Today, there is a clear relationship between
out, but actual progress is not achieved. This environment we are all operating within speed of execution and being open to the
is why HR outsourcing has become a key creates the need for business partnerships external market; of moving from ‘push’
ingredient for timely strategic execution. that create instant value. orientation to ‘pull’ orientation, or attracting
and then engaging like-minded talent in
Internal change and responsiveness to market Think of big pharma – shortening the time organizations.
trends is a continual challenge. And while to market for a new drug is essential to
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13. 13 | LIVING AMONG WOLVES: STRATEGY IS NOTHING WITHOUT SPEED
IT IS NOT JUST ABOUT PRODUCTIVITY.
Engaging external resources to tap into existing expertise
and innovation is not just about operating leaner.
Productivity has been a driver of outsourcing what of your current practices, processes and immense. And as that challenge is overcome,
for some time, but it’s not the only one. Being ways of working? another will be hot on its heels. That is why
able to inject new thinking, to help shift old managing talent successfully is a balancing act
paradigms and ways of working —and do so This is not to devalue experience and between retaining the right people, ideas and
quickly— is also an advantage HR outsourcing history, particularly when it’s possible that processes, and accessing new ones as and
can provide. up to 90% of company knowledge is inside when they’re needed.
employees’ heads. It’s true that existing
Half of what college graduates today are talent helps maintain established processes To be among the 30% of business that
studying will be obsolete by the time they and objectives, but the biggest challenges don’t waste their investment in strategy
graduate. The top 10 jobs a decade from and opportunities ahead are ones we don’t development, and which go on to execute
now don’t even exist yet. What this means for even understand yet, let alone have the their ideas, getting that balance right in an
business is that if current college students are skills or talent pools to overcome. When increasingly competitive landscape could well
not learning what you will need them to know they do arise, the challenge of retraining, be the key to business sustainability.
in 3 or 5 years time (i.e when you hire them), redirecting and retooling existing staff will be
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15. 15 | LIVING AMONG WOLVES: SURVIVABILITY IS ADAPTABILITY
BACTERIA ARE MASTERS AT ADAPTABILITY. The most
successful bacteria have a memory that allows them to respond to a threat and
execute a response almost instantly. Then, after the threat is gone, they wipe their
response memory clean in order to remain fully adaptable to the environments
they are in, without being hung up on how they responded to the last threat.
They’re not burdened by the past. For them, survivability is adaptability.
What if, a business operating in its chosen Yet, companies like Zappos.com have already Zappos, founded and run on the principles
marketplace could apply these same used a strong focus on adaptability to create of constant adaptation, was purchased by
principles? Imagine if it were unencumbered a successful alternative business model. One Amazon for well in excess of $1bn in 2009
by established processes, practices, beliefs, of their core values —‘embrace and drive —just a decade after its launch. Clearly, they
and infrastructure—how much faster could it change’—reflects the link that they have made were, and are, doing something right.
react to market change? between evolution in nature and in business:
When we think about how much we rely on “We are ever evolving. If we want to continue
existing knowledge, past experience and to stay ahead of our competition, we must
history to guide us in our decision-making, continually change and keep them guessing...
the concept of applying this kind of ‘wait As long as embracing constant change is a
and see’ approach can —at first— seem part of our culture, they will not be able to
counterintuitive. evolve as fast as we can.” – Zappos.com
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16. 16 | LIVING AMONG WOLVES: SURVIVABILITY IS ADAPTABILITY
EMBRACING THE NEED TO CONSISTENTLY EVOLVE
IS A MORE ROBUST STRATEGIC PRINCIPLE FOR THE
WORLD WE LIVE IN TODAY than the traditional focuses of scale,
productivity and efficiency. But achieving this requires a dynamic, bottom-up
strategy execution model and this is not an easy shift for many companies.
First, it requires giving up the comforting This doesn’t mean that we throw out every • The way we think —our collective
idea that with enough research and enough element of planning and strategic intent, but decision-making and accepted wisdom
data, professional strategists can predict it does mean that we begin to see the flaws
the future and plan for it. The issue here is that this approach has inherently, and look • The process and practices we’ve created
that this approach relies on the threats and to build our adaptive capabilities to combat around us
opportunities that strategists see when they them.
• The infrastructure we rely on to do
are writing the plan remaining relatively static
Once we begin to accept that we don’t know our work
until it is implemented. Given that we are
all now operating in an era of heightened what’s ahead, and that any prediction is just
The established processes, practices, beliefs,
volatility, instability and accelerating change, an educated guess, we can begin to shape a
and infrastructure that we rely upon to make
this is increasingly unlikely. business to be more agile and adapt when the
our business decisions are the very things that
next challenge or opportunity does become
can stop us from adapting quickly to change.
The reality is, any strategy is always —by its clear. To do this, we need to look closely at
Bacteria don’t have this—they forget what
nature —a strategy for now. We have data, the three main barriers that might prevent us
happened yesterday and focus all their energy
we have trends, but these will only lead us to from embracing change:
on adapting to what’s happening today.
predictions, and every prediction is flawed.
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17. 17 | LIVING AMONG WOLVES: SURVIVABILITY IS ADAPTABILITY
IT’S EASY TO SEE HOW THE NEW BREED OF
TECH COMPANIES MIGHT BE ABLE TO APPLY
THIS KIND OF RADICAL APPROACH, yet even in a
mature technology-driven marketplace, such as a call centre, the biological
principles of adaptability and of just-in-time thinking can be applied.
We know that managing capacity with Companies such as KellyConnect have taken force—one that wants and needs this kind of It’s clear, even without a crystal ball to rely
respect to labor in a call center is critical a more innovative approach to this problem. flexibility to be able to participate in work. upon, that HR practice needs to evolve to
because the labor is the most expensive Using Cloud Computing and remote capture these new opportunities and to help
component. One of its biggest challenges managing and mentoring, KellyConnect can This ‘workforce virtualization’ is wholly business adapt more quickly to market forces.
is to deal with the fluctuating nature of the fluctuate the labor pool in accordance to enabled by technological change and it To find the right people at the right time, to
work, especially around peak calling times. If real-time call activity. By creating a distributed means that there is an increasing array of foster flexible and adaptive thinking, and to
peak calling times are at 11 a.m. and 2 p.m. workforce, including at-home workers, they jobs, and elements of jobs, that can be tasked embed a culture that thrives on change, the
how is staff productivity maintained in the have been able to create the kind of flexibility to individuals in any part of the globe. Of way we think about our workforce will have to
intervening three hours? that works for their clients and employees. course, this assists companies to access talent adapt as well.
wherever it is, which will become increasingly
Outsourcing whole departments to a This sort of technology-led optimization critical as global demographic shifts see talent
location where labor is cheaper is one way is applicable not just in call centers, but pools drying up in most developed nations.
to overcome this. However, the waste is still anywhere distributed workers need to be Workforce virtualization is one way to be more
there, it just costs less as result of the labor coordinated or directed centrally. And it adaptable, but there are others.
arbitrage. also allows business to tap into a new labor
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18. 4
THE NEED TO
FIND A ‘NEW’
WORKFORCE
MAJOR SOCIAL AND
TECHNOLOGICAL SHIFTS
ACROSS THE GLOBE
MEAN THAT WORKFORCE
VIRTUALIZATION IS NOT ONLY
POSSIBLE, BUT NECESSARY.
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19. 19 | LIVING AMONG WOLVES: THE NEED TO FIND A ‘NEW’ WORKFORCE
THE TRADITIONALLY STRONG CORRELATION
between labor, work and location is beginning to break down.
With obvious exceptions, such as frontline We may know that new technologies have
workers in mining, construction or made workforce virtualization possible, and
manufacturing, there is a whole slew of work even relatively simple, but here are two
that can now be ‘virtualized’, or moved to reasons why it is also becoming necessary:
where the talent is. In a growing knowledge
economy, there are fewer limits on the • psychographic changes across
breadth and scale to which you can globalize generations means the next workforce has
some functions. different expectations of work, and
• demographic shifts mean that talent
pools are not where they used to be.
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20. 20 | LIVING AMONG WOLVES: THE NEED TO FIND A ‘NEW’ WORKFORCE
FLEXIBILITY IS NEEDED TO MEET TALENT SHORTAGES.
Finding and holding on to the right people is a growing challenge for most
organizations. The trend towards more flexible working arrangements
is, at least in part, both a driver and a solution for this challenge.
Close to half (44%) of the active workforce in Compared to traditional employees free agents: Adding them to a permanent payroll is
the United States now consider themselves costly, particularly as their skills may only be
‘free agents’, compared to 26% in 2008. • Are better educated, with more than a needed for specific projects or timeframes
This means they are not employed by one third of free agents possessing a Master’s
organization on a permanent basis, degree or higher • Workers across all generations are seeking
but instead engage in freelance, consulting, greater flexibility. Retention strategies now
• possess a technical or professional skill set need to include telecommuting and flexi
temporary or contract work, or have their
own business. work arrangements to hold on to talented
Being able to access this pool of highly
individuals
qualified and experienced talent is becoming
The growth in free agents is partly due to
paramount when we consider that: • Productivity gains and the injection of
the economic climate and the need to drive
efficiency and productivity. But even without new ideas are what many organizations
• Maintaining competitive advantage is
this, the data shows that there is a significant recognize they need more of
becoming more difficult. Sourcing just-
increase in the percentage of workers across in-time talent provides a cost-effective Accessing a new pool of talented workers
all generations who are now classifying employment model is now easier than it ever has been thanks
themselves as free agents.
to common technologies that are built to
• The most talented and experienced
facilitate this virtual working style.
workers can also be the most expensive.
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21. 21 | LIVING AMONG WOLVES: THE NEED TO FIND A ‘NEW’ WORKFORCE
CLOUD COMPUTING REVOLUTION IS ALREADY HERE.
The evidence that cloud computing and virtualization has grown rapidly is
everywhere we look —data shows that job advertisements for cloud computing/
virtualization professionals increased by 344% in between 2009 and 2010.
Every large, global tech company seems Today, IBM employees’ badges allow them
to have cloud computing and virtualization access to numerous locations so they are not
solutions as part of their product suite. anchored to a specific facility. The facilities in
The fact that they themselves use these to each location are there to help them conduct
mobilize their own workforce should be a business on a nomadic basis. As a result, IBM’s
good indication that their benefits are real. workforce is already in a virtual mode.
IBM is an example of a workforce that
has virtualized over the past decade as it
has made the transition from manufacturing
to services.
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22. 22 | LIVING AMONG WOLVES: THE NEED TO FIND A ‘NEW’ WORKFORCE
DEMOGRAPHIC SHIFTS MEAN TALENT ISN’T
WHERE IT USED TO BE. Employees’ desires for more flexibility
at work, as well as the economic benefits of that approach are now clear.
Yet, there is another, perhaps ultimately more powerful imperative to
look seriously at work virtualization as a key to business sustainability.
When we examine the global trends emerging Skip forward to today and the trend of
in workforce demographics, the news is not reducing workforces has spread out widely
good. The changes are rapid and the impact across Europe. Central and Eastern Europe
is not clearly understood. What is understood remain the only real sectors of positive
is that these demographic changes will workforce growth in the region.
provide significant challenges with respect
to accessing talent and executing in the Looking at the projections for 2020, the
marketplace. situation is indeed dire right across Europe.
Turkey remains the only significant region with
In 2000, GeoLabour data showed that a positively expanding workforce.
across Europe, more people were entering
the workforce than are leaving it. Individual And it is this unstoppable workforce evolution
countries such as Italy and Germany bucked that is the driver for HR outsourcing.
the trend and were already at below No longer just a cost-reduction tool, HR
replacement rate, but on the whole, Europe outsourcing has emerged as a core strategy
had a sustainable workforce. for major companies operating in this new
workforce reality.
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23. 23 | LIVING AMONG WOLVES: THE NEED TO FIND A ‘NEW’ WORKFORCE
UNDERSTANDING HOW AND WHY
GENERATIONS ARE DIFFERENT. Twenty-plus years
ago, when you asked someone what they did for a living, they told
you where they worked. Today, they tell you what they do.
The next generation of employee is wired, Generation Xers talk about work-life balance. Employee-employer loyalty is waning, and continuous connection and conversation into
connected, plugged in and empowered, Millenials see work and life as one thing—the it can be tempting for Baby Boomers and an opportunity. Younger generations see
and this psychographic change across a line is blurred and if company culture does even Gen Xers to see younger employees as technology use as something that defines
generation has significant implications for not enable this meeting of two worlds, the demanding and fickle. who they are, not just as products they use.
recruitment. For younger generations –Gen X Gen Y/Millenial employee will leave and go To harness the power of these always-multi-
and much more so for Gen Y or Millenials: to the next opportunity—quickly. When we For older generations of managers who’ve tasking employees, who see work and life as
consider that Millenials will make up around lived repeatedly through restructures, one interconnected way of being, company
• the attachment of skills to employers is 40% of new hires by 2015, something has to outsourcing and downsizing, it can feel as culture must adapt.
weakening give if the right talent to run an organization though less experienced Gen Y’s/Millenials
is to be secured. ‘expect’ rather than ‘earn’ the freedom,
• gaining knowledge and broad autonomy and influence they demand.
experience is more important than salary You want what? When discussing the
and security impact of these psychographic changes But the burning debate here must not be
across the generations, it is easy to focus on about whether access to Facebook at work
• company culture must support bottom- will damage productivity, it must center
the negatives.
up decision-making power around turning the Millenials’ mindset of
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24. 24 | LIVING AMONG WOLVES: THE NEED TO FIND A ‘NEW’ WORKFORCE
A NEW APPROACH TO DECISION-MAKING.
Perhaps one of the greatest opportunities that the new generational
psyche brings to the workplace, is that of distributed decision-making.
Even the largest of global businesses are The Pepsico’s of the world know that when
today exploring heavily with models to today’s college graduates assess you as a
operate as a ‘distributed idea engine’, where potential employer, they want to see how
leadership emerges organically, unfettered by they will fit into your company’s culture.
central command. Demonstrating flexibility, collaboration and
distributed decision-making will make or
Pepsico is fully engaged in its digital and break the ability to attract and retain this
social recruiting strategies. A short visit to new workforce.
their pepsicoblogs.com site shows that they
are intent on connecting and engaging with
their current and future workforce on the
Millenials’ terms – open, two-way dialogue.
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25. “IF YOU LIVE AMONG
WOLVES, YOU NEED TO
HOWL LIKE A WOLF”
RUSSIAN PROVERB
ABOUT THE AUTHOR
ROLF E. KLEINER is the Senior Vice-President and General Manager of Kelly
Outsourcing & Consulting Group. In this role he is responsible for the strategic
and structural development of the global business practice of KellyOCG.
ABOUT KELLY
Kelly Services, Inc. (NASDAQ: KELYA, KELYB) is a leader in providing workforce solutions.
Kelly® offers a comprehensive array of outsourcing and consulting services as well as world-class
staffing on a temporary, temporary-to-hire and direct-hire basis. Serving clients around the globe,
Kelly provides employment to more than 530,000 employees annually. Revenue in 2010 was
$5 billion. Visit www.kellyservices.com and connect with us on Facebook®, LinkedIn®, and Twitter®.
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