Ashoka Africa’s Post

My thoughts after reading this interesting article. In my experience as Stanford Seed Consultant, below are the 5 strategies that help in creating an agile and nimble forward moving force that focuses on #Growth, #Costs, #Digital, #Employees and #Efficiency to deliver successful transformation results: 🎯 Strong and inspiring #Vision 🎯 Achievable and Measurable #Goals 🎯 #Alignment and Co ownership of Employees 🎯 Make every Employee #Accountable 🎯 Remove Fear and Celebrate #Success. Read this interesting article in detail: From #McKinsey Insights: What it takes to create a winning transformation https://lnkd.in/gtVUeXZE #Coach #Transformation #Consulting #Strategy #Results #insights #WhtNxt

In times of uncertainty, business leaders often feel pressure to choose between innovation and cost discipline. But the conventional wisdom that companies need to make this trade-off can lead to a destructive cycle of scaling back then playing catch up.  Companies can do both. And in fact, history shows that maintaining an innovation focus when others pull back can not only preserve but enhance your market position. My colleagues will be diving into this topic on June 25, exploring how companies can use “strategic balancing” to generate near-term innovation wins while at the same time being smart about cost containment. Register at the link in the comments. #innovation #disruption #strategy #innosight

When making big decisions, CEOs often stick to what's already working. But as reinvention pressures increase, reliance on the status quo can hold businesses back. In the face of climate change, novel technologies and other challenges, many executives are fundamentally rethinking how their company makes money and creates value. For them, business model reinvention isn’t a question of if, but when. Our strategy+business digital issue explores three critical abilities that leaders will need to build to make a successful business model change a reality: 🔸getting better at spotting trends and triggers 🔸transcending traditional boundaries both inside and outside the company  🔸breaking free of inertia. Learn more: https://lnkd.in/dcJ83_Aj #transformation #strategy #BusinessModel

"Challenges are what make life interesting; overcoming them is what makes life meaningful." - Joshua J. Marine 🌊💪 Navigating the shifting currents of global economies and digital landscapes presents both unprecedented challenges and opportunities for organizations worldwide 🌍📈. The recent McKinsey Global Survey highlights the resilience and adaptability of businesses, with a majority of executives emphasizing their focus on growth, distinctive capabilities, and digitization for the upcoming year. Despite the complexities introduced by geopolitical tensions and economic fluctuations, these priorities underscore a proactive stance towards shaping a future-proof business environment 🛡️🔄. Particularly intriguing is how companies are not just surviving but thriving by leveraging digital transformations to enhance their competitive edge 🚀📊. This strategic focus is not merely about technology adoption but about fundamentally rethinking business models to capitalize on digital efficiencies and new market opportunities 🎯💡. In an era marked by rapid change, the ability to harness the potential of digitization not only drives operational excellence but also fosters innovation, pushing the boundaries of what businesses can achieve. Let’s continue to lead the charge in transforming challenges into stepping stones for success 🌐🌟. #FinancialServices #DigitalTransformation #BusinessResilience #Leadership #Innovation 🔍🏅

Strategy-led innovators achieve 74 % higher share of revenue than companies with a weak link between strategy and innovation. And what is a KEY ingredient for bottom-up incremental innovations as input to strategy? The sense of Psychological Safety and Trust for people to DARE to take risks and to try innovate. #psychologicalsafety and #Trust are crucial for #Innovation and #Growth

Faced with ongoing global and technological disruptions, transformation has emerged as the cornerstone for strategic growth. Our latest study, “Transformative Moments In A Time Of Permacrisis,” has surveyed more than 400 executives and reveals how they have drastically shifted their approach from reactive management to proactive adaptation. By prioritizing transformative over incremental changes, executives can guide their organizations not just to endure, but to innovate, excel, and emerge stronger and better positioned to take on future challenges than they were before. Download the full study to unlock your transformation journey > https://owy.mn/4fwBtNB #Transformation #BusinessStrategy #Growth

Our latest study, “Transformative Moments In A Time Of Permacrisis,” has surveyed more than 400 executives and reveals how they have drastically shifted their approach from reactive management to proactive adaptation. Download the full study to unlock your transformation journey > https://owy.mn/4fwBtNB

Exceptional leaders drive sustainable growth and resilience in organisations, but what other factors contribute to success? We recently polled our network to get their insights. It's no surprise, innovation and adaptability came out on top. But don't overlook the impact of digital transformation and investing in human capital, which both tied second. #InnovationandAdaptability #StrategicPartnerships #DigitalTransformation #HumanCapitalInvestment #LinkedInPoll #MeliumConsulting

𝗛𝗼𝘄 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗗𝗿𝗶𝘃𝗲𝘀 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗘𝘅𝗽𝗮𝗻𝗱𝘀 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 Capital is a powerful engine for growth and innovation, enabling businesses to scale quickly and bring groundbreaking ideas to life. With the right investment, companies can push the boundaries of technology, transform industries, and create new opportunities for both employees and customers. In this fast-paced environment, organizations are constantly evolving—experimenting with new products, refining business models, and optimizing workforce structures. This dynamic approach creates exciting opportunities for growth and learning, benefiting employees at all levels. As we continue to celebrate and invest in innovation, there’s a tremendous opportunity to ensure that progress lifts everyone. By fostering a balanced approach, we can create workplaces that are agile, inclusive, and built for long-term success—where both innovation and opportunity thrive. #Innovation #GrowthMindset #Leadership #TechTrends #BusinessSuccess #WorkplaceCulture #Capital #OpportunityForAll #FutureOfWork #InclusiveGrowth

Embracing Paradox: Unlocking Innovation and Strategic Advantage In our fast-paced business world, simplicity often seems like the holy grail of decision-making. We're wired to seek binary choices and quick heuristics for clarity. Yet our research shows that ‘leaning in’ to complexity and paradox could be the key to unlocking innovation and strategic advantage. A paradox involves the coexistence of seemingly contradictory ideas or priorities, creating a challenge in finding a straightforward solution. When we oversimplify problems, we risk overlooking crucial nuances and opportunities for creative breakthroughs. Surprisingly, by "complexifying" our approach, we can tap into a wealth of untapped potential. As decision-makers, let's push beyond the allure of simplicity and embrace the richness of paradox. Instead of rushing to black and white, ‘either-or’ decisions, let's explore the contradictions and shades of grey. This fertile ground is where true creativity thrives, where breakthrough ideas are born, and where we gain a deeper understanding of complex challenges. By adopting a paradox mindset and welcoming complexity, we can open the door to: 1️⃣ Innovation: Uncovering novel solutions that disrupt the status quo and fuel growth. 2️⃣ Adaptability: Navigating uncertainty and change with agility. 3️⃣ Strategic Edge: Gaining a competitive advantage by spotting overlooked opportunities. Let's not shy away from paradoxes; by adopting a paradox 'both-and' mindset we can harness their power and steer our organizations confidently towards the future. At QUT Centre for Future Enterprise we offer evidence-based insights and tools tested in the real world to help build your paradox mindset. #Paradox #ParadoxMindset #DecisionMaking #Leadership #BothAndThinking   QUT Centre for Future Enterprise Dr Anna Wiewiora 🎯 Yancong Xie, PhD, Kevin Desouza