Faced with an eroding core business, many companies seem to do … nothing. They have not heard the wake-up call. In the media and entertainment industry, look at Blockbuster’s lackluster embrace of mail delivery and video streaming. And what happened to Nokia? For long Nokia was considered one of the most innovative companies in the …

Change is an inevitable part of the modern business environment. Organizations, and the people within them, must constantly re-invent themselves to remain competitive. Sustaining success depends on an organization’s ability to adapt to a changing environment. Many industries have had some tough years with recession, increased competition, changing consumer behavior, rapidly shifting technologies and emerging …

Corporate culture is one of the key drivers for the success – or failure – of an organization. A good, well-aligned culture can propel it to success. However, the wrong culture will stifle its ability to adapt to a fast-changing world. Too often, buying and trying competitive products is frowned upon and even seen as …

For goals to be meaningful and effective in motivating employees, they must be tied to larger organizational ambitions. Employees who don’t understand the roles they play in company success are more likely to become disengaged. No matter what level the employee is at, he should be able to articulate exactly how his efforts feed into …