ib by kacharagadla

Want to create a high-performance team? Want to limit the amount of time you spend settling squabbles between team members? It turns out those two issues are closely related: Our research shows that on top-performing teams peers immediately and respectfully confront one another when problems arise. Not only does this drive greater innovation, trust, and productivity, but also it frees the boss from being the playground monitor. I first saw the connection between high performance and peer accountability years ago when consulting with a very successful financial services company. It had an unparalleled return on capital, breathtaking sales growth, and the highest customer renewal rate in the industry. In my first face-to-face meeting with the CEO, whose name was Paul, and his direct reports, I committed a major faux pas. I discovered halfway through the meeting that I was calling the wrong guy, “Paul.” It was an innocent mistake. When it was time to begin, one member of the executive tea...

Organisational agility is a core differentiator in today’s rapidly changing business environment. Organisations should be agile enough to anticipate fundamental marketplace shifts and reshape their business priorities in response to the market movements. Thus, it is always of vital importance for companies to gauge market views of the overall business climate on the local, regional and global level before they devise and execute their business expansion plans. Top Destinations Favourable for Business Expansion According to The Executive Centre’s survey of more than 800 companies in Asia Pacific, on the global level, similar to last year’s findings, about half of the respondents expected the global economy to remain roughly the same as the previous year’s. But the level of confidence in the economic outlook for the Asia Pacific region as a whole dropped significantly, registering only 64 per cent of respondents confident or very confident in the region’s prospects for 2016, do...