Boards can embrace digital technologies for long-term success At a global scale, entire industry sectors are being disrupted through digital technologies. The advances in digital technologies are transforming how company boards set new strategies, beyond the business-as-usual horizon. Critical questions for board members to ask and… Read More »Four Steps for Boards to Set a Digital Business Innovation Strategy
Why Boards should see themselves as an integral part of Innovation Programs, and not just support them Where once boards were the ultimate risk management gatekeepers, we now must embrace innovation and its inherent risk or potentially risk it all – irrelevance and ultimately, failure .… Read More »Boards Need an Innovation Strategy
Company boards across the world have had to work closely with their leadership teams through COVID-19. Following the declaration of a global pandemic, peak bodies including the Australian Institute of Company Directors quickly provided information sessions and key steps for boards to consider and prioritise. Australian businesses… Read More »Six Questions Boards Should be Prepared to Ask in the COVID-19 Recovery Phase
While many business owners are focused on ending the financial year positively, it is just as important that you take the time to focus on building a performance culture into your business and people processes. Here are five ideas to consider when developing out your… Read More »Five Ways to Improve Business Outcomes
Everybody is talking about it. What are you doing about it? Performance management has lost relevance in its current format and needs to be thought about differently. Performance management, as we know it, presents retrospective historical data representing a lag on impact on performance data;… Read More »Reinventing Performance
In their March 2014 paper titled ‘Performance Management is Broken’, Deloitte Touche Tohmatsu(1) reported that the ranking and ratings-based approach to performance management was damaging employee engagement and alienating high performers. Only 8% of companies cited in the report claimed that their performance management process… Read More »Is Performance Management Really Broken?