MANAGING in the

NEW WORLD

When working on world- changing innovations, the truly smart companies are known to focus on a few set of skills in particular. These are the focus on the new book The Wise Company, written by HirotakaTekuchi. The first thing to do is to judge goodness, for the entire society and not just the company involved in. One needs to also rely on intuition to understand the deeper meaning around events, things and even people. Formal and informal shared content needs to be created, to use human interactions as the force to construct new meaning. Metaphors and stories will also help all in better understanding of the corporate strategy. People with conflicting goals need to be brought together by all means, to spur them on to some action. And finally, the right corporate training needs to be applied on the front- line workers, through mentoring and apprenticeships, so they may develop some work- related practical wisdom.

Source:https://hbswk.hbs.edu/item/6-skills-that-wise-companies-harness-for-world-changing-innovation

Uploaded Date:27 December 2019

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