Man o'war

The Bank of The Future is a Man O’War

Many of the earth’s most enduring organisms from ants to bees encourage specialisation. Likewise, the successful bank of the future will incorporate composite specialists into their superorganism rather than trying to compete on all levels. This approach will not only optimise survival for legacy organisations but will create an ecosystem that caters to changing customer demands. This combination of specialism and diversity applies not to only the most successful organisms, but also to the most successful organisations.

Dropping Coconuts: Letting Go

This week’s #thursdaythought is about letting go of assets before they have run their course. It is inspired by the latest episode of The Innovation Show with the author of “Quit” by Annie Duke. Serendipitously it is also influenced by Rita McGrath, who joined us in person this week in Dublin.

Change Management by Changing THE Management: Organizational Self-Binding

To restrain long-term employees from falling back into their old habits. Even when long-term employees have the willpower, their old habits die hard. It is a tough dilemma for leaders, the tradeoff between retraining and replacing. Either way, there is a lot of pain, both are possible.

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