Building Management and Leadership Practices to Enhance Organizational Innovation: A New White Paper!
Baseball legend Yogi Berra uttered these words many years ago. They succinctly sum up what this new White Paper is about: Canada, the United States and other rich Western countries are in the midst of massive global upheaval. The economic, technology and geo-political changes that have swept the world during the past two decades have altered the landscape within which business and governments operate.
The past few years since the financial meltdown and the effects of the Great Recession have placed additional strains on all Western countries. And at the time of posting this White Paper, parts of the Middle East and North Africa are experiencing uprisings from their own citizens who are demanding change. What this means for not only the future of the affected countries but their relationships with the industrialized West is unknown.
Indeed, The Economist’s Schumpeter column looked at globalization and the ongoing turmoil noted above. As it stated: “The events in Egypt are a reminder of how foolish such ‘borderlessness’ thinking can be….A growing numer of countries, most notably China but also Russia and the Gulf states, are using business as an instrument of state power.”
The ability to manage complex, interrelated issues is becoming a significant competitive advantage for organizations. This in turn demands skill sets among employees that will make the difference between stronger corporate competitiveness and failure.
The growing need for companies to be more adaptable in response to market changes calls for an emphasis on the development of leaders at all levels of organizations. Those in managerial positions will feel the strain as the pace of change accelerates and as they are called upon to practice corporate values and create workplaces that foster innovation.
This White Paper will enhance your understanding of the intertwined issues and trends that underlie what is commonly described as globalization, the effects of which are exerting significant impacts on the success of organizations and their role in society’s well-being.
To facilitate the advancement of the ideas and opportunities contained in this White Paper, four key questions are presented. They are highly relevant to both those who work in the private sector and government. Reflect on them as you read this paper.
1) What will be the key characteristics of successful organizations in the 21st Century, and what role will leadership play?
2) What will be the most critical skills that managers in business must possess?
3) What are the primary obstacles that organizations must tackle successfully? And how should business leaders get around these obstacles to position their organizations to be more adaptable?
4) Where are government’s greatest leverage points to effect positive change in the private sector?
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