Innovation

 This approach can help transform the organization's culture, making innovation a core part of its DNA rather than a separate initiative.The digital era upon us is about innovation with accelerated speed. Without innovation, companies will become irrelevant sooner or later due to hyper-competition and high business velocity. Organizations can leverage technology in several ways to foster a culture of innovation within their organizations:Implement...

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Oversight

 Digital savvy BoDs understand what's required and what a high-level basis of going digital means to the business. The corporate board in a high-level leadership position plays a crucial role in strategy oversight, business advising, and monitoring. Effective business oversight and governance practices require a strong commitment to being knowledgeable, independent, and forward-thinking to ensure business runs in the right direction and...

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OrganizationalAbilities

 While competencies focus on specific skills and their application in current job roles, capabilities take a broader view of an individual's or organization's potential to adapt, learn, and perform across various contexts.Capabilities are broader, encompassing a combination of skills, knowledge, processes, and behaviors that allow an individual or organization to perform effectively. Competencies are more specific, focusing on the application...

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Accountability

 By focusing on these elements, organizations can create a culture of accountability and effective governance, leading to improved performance, increased trust, and better overall outcomes.Accountability refers to the obligation of individuals or organizations to account for their activities, accept responsibility for them, and disclose the results transparently. Organizational accountability and governance are crucial components of effective...

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Visceral vs. Intellectual

 Understanding the differences between visceral responses and intellectual reasoning is essential for various fields, including psychology, literature, art, and education. Visceral relates to deep, instinctive feelings rather than intellectual reasoning. It often refers to emotional reactions that are immediate and powerful, stemming from the body's internal responses. Intellect refers to the capacity for rational thought, analysis, and...

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ResourceOptimization

 This leads to better alignment between resources and strategic priorities, improved operational efficiency, and optimized use of both human and financial capital.If one considers a capability map as "a model describing what the enterprise currently does" (a backward design viewpoint), the model offers an opportunity for senior management to reflect  on whether they are truly doing what they thought they were doing. The capability maps...

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Recalcitrant

 By understanding the nature of recalcitrant emotions and behaviors, and implementing effective management disciplines, teams can mitigate their negative impacts and foster a more productive and harmonious work environment. Recalcitrant emotions or behaviors can have a significant influence on team dynamics and overall performance. Recalcitrant emotions present a complex phenomenon that challenges our understanding of the relationship between...

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Authentic

  By embracing these critical points, individuals can progress in their journey of Developmental Authenticity, leading to a more genuine and adaptable expression of their true selves.Being authentic is the state of self-consciousness, self-discovery, and self-improvement. Transition or breakage points are described as critical life-turning points that have a vital impact on personal growth. These are pivotal moments or experiences that...

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Uncover & Grow Unique Skills

Identifying your unique skill sets requires introspection, feedback, and exploration.With fast-paced changes, business leaders and professionals need to be able to think, learn new knowledge, and relate what they have known in the past to the new application for improving problem-solving intelligence. Identifying your unique skill sets is a crucial step in enhancing your professional capability. Here are some practical steps you can take to uncover...

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IT Improving Strategic Guidance

By leveraging these technological capabilities, corporate boards can significantly enhance their oversight responsibilities, leading to more informed decision-making, better risk management, and improved strategic guidance for their organizations.Information Technology plays a crucial role in enhancing corporate board oversight by providing tools, insights, and capabilities that enable more effective governance. Here are key ways technology is improving...

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