Few business leaders believe tomorrow could be their last day driving the day-to-day operations of their company. It may seem impossible to imagine life without one of your greatest passions.
Few business leaders believe tomorrow could be their last day driving the day-to-day operations of their company. It may seem impossible to imagine life without one of your greatest passions.
You’ve been warned of the dangers of not having a well defined succession plan. The potential problems run the gamut from family conflict to negative tax ramifications, to financial security issues putting your legacy at risk.
Most positions involve a certain degree of on-the-job learning. Can the same be said for human resource functions? The answer is yes, of course HR pros CAN learn on the job…but is this safe? That’s a matter of opinion.
We’re smack dab in the middle of Universe 2.0. I say this half jokingly -- it seems that you can’t turn anywhere these days without someone declaring the birth of a 2.0 version of something.
The original topic of the “2.0 meme” was of course Web 2.0. This refers to when we started moving from a read-only information culture to a democratized system where anyone could create and disseminate content online. Now instead of being strictly consumers of information, any Average Joe can create it. This is a fundamental shift in the way we interact with information. The effects of this change are still diffusing, but predictions are already popping up as to what Web 3.0 will consist of.
Enterprise 2.0 has also been discussed at length, but it remains a little further from becoming a universal reality. Enterprise 2.0 is the business who owns the culture created by Web 2.0 and who works the tools available to its advantage. While a lot of businesses have started using social media and blogging as part of their business strategies, we’ve only found few are really committed to their efforts organization-wide. Oftentimes it’s just Marketing that’s on Twitter and Facebook, not Sales or HR or the other groups that could benefit from engaging in social tools. Enterprise 2.0 is also about applying the principles of Web 2.0 within the company itself. It involves using internal collaborative platforms like Open Atrium and Yammer that democratize information sharing, just like Web 2.0.
The traditional style of management is being challenged in Enterprise 2.0 as well. The top-down hierarchal structures that used to be the norm are becoming stale and are being increasingly challenged by the newer generations in the workforce.
Some companies have reached Enterprise 2.0 already, but many are further behind. What do you think -- is your business at Enterprise 2.0 level yet?
These areas are not the only things that have changed in the world of business. Really, what hasn’t changed in the last decade? The tools we’re using, the customers we’re trying to reach, even the way we do our jobs every day has been completely revolutionized by the internet and the cultural change that has come along with it.
Over the next couple of weeks we’re going to blog more about what has changed in the world of business and what that means for you. Rather than talking about these things abstractly, we’ll focus on concrete tips for how to 2.0-ify your own company.
Do you agree that there is fundamental change occurring in the world of business? What examples have you seen of this shift?
We live in exciting times. Technology has taken business by storm. Everything is moving faster and more efficiently, and successful companies are embracing this and charging forward. But it would be foolish to rush ahead without making sure your business is protected from cyber risk.
Business owners and HR professionals have a new challenge on their hands. How do you guide employees' personal use of social platforms so that they represent the company well?
Since my last post on going office-less, I’ve heard a lot of comments along the lines of "Mike, you’re such a techie." In reality, that couldn't be further from the truth.
I was scanning the morning headlines hoping for something to catch my eye and BAM! There it was. The title read: “10 brands you know that will disappear in 2012”. All of the names on this list are household names. Some have been fixtures in the US for over 100 years! How could this happen? Certainly, there would be a multitude of reasons for failure. Could we find ways to control success, our brand and perpetuation in our own firms?
As CEO of a non-traditional insurance brokerage and business advisory firm, I gotta live our mantra: Change the Game. My latest game changer involves giving up my office to my VP of Business Development so he can focus on growing our firm.
Health care is too expensive. But what can you do as an individual? While you aren’t going to be able to talk your way out of your premiums, you CAN start taking more control of your costs.
HNI works with high-performing companies to help them address the hidden risks in their business and avoid The Insurance Dependency Trap. This is done by proactively DE-RISKING their business so they can be less dependent on insurance.
HNI also offers the basic services of insurance and employee benefits. HNI has offices in Milwaukee, Chicago, and Minneapolis.