Achieving high performance requires having the confidence to take risks, especially in a knowledge-intensive world. When an organization minimizes the fear people feel on the job, performance — at ...

Access to technology enables growth for consumers and businesses. And these days, the fortunes of many tech companies rely heavily on their performance in bottom-of-the-pyramid markets. China’s Xiaomi ...

Disruption and the breadth of the value creation ecosystem are, in fact, connected. In recent months, as supply chains have faltered, channels to market have evolved, and companies’ roles in caring ...

Almost every business today faces major strategic challenges. The path to creating value is seldom clear. In an ongoing global survey of senior executives conducted by Strategy&, PwC’s strategy ...

The second failure point, and one to which boards of directors are particularly susceptible, is a disproportionate focus on skills that should be table stakes. For instance, having a strategic ...

The strategy+business Collection: Don’t Blame Your Culture This article is featured in the strategy+business app “Don’t Blame Your Culture,” available for smartphone and tablet devices. The app pulls ...

A version of this article appeared in the Spring 2019 issue of strategy+business. Leaders today are well aware that their organization’s culture is an asset that must be managed with purpose and care.

Four Types of Authentic Informal Leaders Every organization has people who influence and energize others without relying on their title or formal position in the hierarchy to do so. We call them ...

A version of this article appeared in the Summer 2021 issue of strategy+business. Niki Leondakis, a veteran hotel-industry CEO, started managing people in college when she was promoted from waiter to ...

Our data cannot show — and perhaps no data could — whether there’s more wrongdoing at large corporations today than in the past. However, we doubt that’s the case, based on our own experience working ...

A growing number of business leaders see the value of upskilling. In PwC’s 22nd Annual Global CEO Survey, 79 percent of the respondents said a shortage of skilled talent was one of their top three ...

It’s helpful to consider the process of strategy formulation, planning, and execution as a game. Games, in general, have a fixed set of rules, are played among a small and known number of players, ...