Digital transformation is not just about technology. Even access to the best tech doesn’t ensure digital success. Instead, successful digital transformation requires an overall cultural change! What companies really need to face the challenges of digitalization are flexible and proactive employees. And ahead of them: managers embracing the cultural change and driving digital transformation forward. But, as you might have noticed, many traditional managers struggle to keep up with the fast-changing environment and new working styles. So, let’s see what makes the difference for leadership in digital transformation!
CODE_n will be hosting an exciting event early this year on a crucial topic that drives many executives at established companies, SMEs, and startups alike: leadership. How will the role of leadership change in this modern age, especially given the way it is so closely shaped by new models for working, increasingly distributed teams, and digital disruption? Can leadership adapt to agile teams and increasingly blurred hierarchies? These questions and others will be addressed in an exchange of experiences on Tuesday, February 21, 2017, at The Art of Guidance – The Complexity of Leading Corporations and Startups. It’s a CODE_n EVENT in the Guidance/Leadership series.
If you are working at a startup or in an innovation team you most likely know this feeling: you have so many projects and to-dos on your list that you don’t even know where to start. In the fast-paced startup environment, new ideas and tasks come up daily and challenge you in every way. But as a thriving entrepreneur you never lose your motivation and drive to tackle them all! Eventually, you will master the art of multitasking and surpass yourself to reach your goals. And we have got the tools to support you on this journey! Read on to find out how to master time management with the Eisenhower Matrix and stay on top of things with help of the Project Portfolio Matrix.
We witness a mass extinction. Only the ones who adapt to their environment will survive. No, we are not talking about birds on the Galapagos Islands – we are talking about companies everywhere! The laws of nature equally apply to the business world: digitalization rapidly changes technology and society and forces companies to adapt fast enough – or die. Corresponding to Darwin’s principle of natural selection, we call this phenomenon Digital Darwinism.
Digital Darwinism is a threat for the “business as usual”. In fact, only 71 companies remain today from the original 1955 Fortune 500 list. The one thing that the failed companies have in common: a missing or miscarried digital strategy. No threat, you say, as most modern companies already went digital? So far so good, but the crux of the matter is the very fast pace of digital change: it is not some innovation now and then that companies need to react to. It is digital disruption that completely revolutionizes business models and consumer expectations – and it won’t end. It is possible because technology is now approachable by anyone with an idea to do something different or better. This constant innovation leads to disruption: everything can change and everything is changing. More…
Teamwork makes the dream work. This saying is truer than ever when it comes to business partnerships or alliances! No matter if you are a startup or an established company, the right partner can offer big competitive advantages for your business: it can give you an opportunity to access a broader range of resources and expertise. This may be a distinctive skill set or a product line that is better than the competitors’.
So, if you found a bpf – a best partner forever – to go through thick and thin together, you surely want to keep the partnership running. For a business alliance or partnership to be successful, there is a lot to consider. However, keeping these four tips in mind will help you on your journey:
What keeps all startup founders up at night? Knowing that nearly every second startup fails within three years. Then again, what gets them out of bed in the morning is to find out what makes them succeed! It is hard to predict, if a new business will thrive or sink, and you can’t tell by cold numbers. But there must be that certain something for some startups like Uber, Facebook or Airbnb do skyrocket. What are the success factors and the dos and don’ts for founders? Let’s find out!
What does every business need to be successful? Great ideas! And where do ideas come from? Your brain! Because your mind is capable of something unique: being creative. This ability is the root and the driving force of every startup or agile business. Today the innovative strength of companies is a major success factor – and therefore their employees or rather their creative brains are the most valuable assets. To improve this creative power let us go to the birthplace of innovation: how does the brain come up with new ideas and how can you train it to do so?
You may have heard the saying “so crazy it just might work.” Truth is: for many startup ideas, this is absolutely the case. If you feel you have a groundbreaking idea but are misunderstood and underestimated by investors – or if you are an investor trying to evaluate an unusual startup idea, we got something for you! We all know the high-flyer success stories of Facebook, Google or Uber. But there are more! Get inspired by the 4 craziest digital startup ideas that became surprisingly successful!