In 2016 the Belgium Telco provider Telenet began what it thought would be a six-month strategic review of the changing landscape of commoditization and digitization in the industry and how that impacted Telenet operations. The review also assessed the company’s core competencies to determine areas to consider for more strategic outsourcing. Telenet realized the benefits […]
A hallmark of a Vested agreement is that it is a formal relational contract. This means putting the relationship first and co-creating a formal Shared Vision that codifies the Guiding Principles for the partnership. In other words, a shared vision is the relationship’s destination, and the jointly negotiated Guiding Principles is the GPS. You need […]
As we leave what amounts to the second year of the Covid-19 pandemic, is it safe to even say “post-pandemic”? I suggest a better title would be “Living with a Pandemic Era New Normal”.
As Seth Godin says in a recent blog, “the next big idea” does not have to be fully original or have no competition. Actually, ideas and innovation often build upon each other. As Godin notes, “Henry Ford didn’t invent the car, and there were plenty of social networks before the dominance of Facebook. Madam CJ […]
No, not the delicious edible kind, but doughnut economics. The Doughnut, or Doughnut economics, is a visual framework to illustrate sustainable development. The doughnut shape combines the concept of planetary boundaries with the complementary concept of social boundaries. The name derives from the shape of a diagram, i.e., a disc with a hole in the middle. The center hole of the model […]
Seth Godin’s recent blog, “Rigor vs Rigid” draws a distinction between two words that share the same Latin root. They began as Latin terms for stiff and unyielding, but Godin says they “sound the same but work in opposite directions.” In short, they’ve diverged: A rigid approach in life and work is easy to describe, […]
Playing chicken need not be aggressively competitive or even the best way to have productive chickens or a workplace. A better approach is to engender cooperation and contentment to breed the most productive hens. Professor William M. Muir, the evolutionary biologist at Purdue University, has focused his research on group behavior and measuring productivity. In […]
These days trust in our compatriots and in our institutions is what we need the most, but sadly, it seems like there is a lot less of it. One person who believed deeply in the value of trust, George Shultz, former Secretary of State and longtime government servant who died at age 101 in February […]
J&J, Merck collaborate on Covid-19 vaccine production.
Contracts should embrace a firm grasp of guiding principles as the foundation of business interactions.