The New Corporate Facts of Life: Rethink Your Business and Transform Today's Challenges into Tomorrow's Profits
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Still myopically chasing quarterly profits, producing the same product the same way, issuing directives to increasingly disengaged employees? Too many organizations cling to outdated practices—to their detriment and almost certain demise. In today's unpredictable, interconnected world you cannot rely on the old rules of business to get stellar results. The New Corporate Facts of Life charts a clear path through the obstacles facing all companies—disruptive innovation, economic instability, environmental degradation, increasing stakeholder power, and other global forces—explaining exactly how to transform each challenge into competitive advantage. Based on interviews with over 50 top executives and thought leaders, including Coca-Cola Enterprises CEO John Brock, Georgia Tech President G.P. "Bud" Peterson, and UPS CFO Kurt Kuehn, the book recounts how leading-edge companies have begun re-shaping strategy, culture, vision, engagement, and leadership to succeed in this brave new world. Change is the only constant in business. Packed with inspiring stories and compelling examples, The New Corporate Facts of Life offers a bird's-eye view of the shifting landscape and reveals how any organization, large or small, can begin creating a profitable, sustainable future.
Benefits: “What changes can we make to improve quality and reduce costs?” 3. Dangers: “What could go wrong if we make these changes, or if we do not make major changes?” 4. Emotions: “How do we feel about each of these options?” 5. Innovations: “What creative ideas can we come up with?” 6. Thought Processes: “What are we missing in considering this issue?” Whatever approach you use to look at possibilities from many different perspectives, you want to probe new solutions with as many penetrating
and in Atlanta, Georgia, on Sunday the 17th. It will arrive by 10:30 a.m. at my office just north of Atlanta on Monday the 18th. If I were a nervous bride, I would have taken great comfort from that information. Strategy leader McCullough describes UPS as a “deceptively complex company” that has grown rapidly beyond small package delivery. Customers do not see it, but an amazing technology and logistics network drives even the smallest delivery. UPS has become such a data-rich company that a Wall
Relations Urbanization Global Unrest Medium Global Compliance Philanthropy Extreme Weather Waste Management Public Policy Supplier Management Immigration Laws Work-Life Balance Customer Privacy Employee Well-Being Legal Compliance Low High Stakeholder Impact Child Labor Supplier Diversity Low Medium High Business Impact * To view the UPS Materiality Matrix, read the 2012 Sustainability Report on ups.com. American Management Association • www.amanet.org Map the Strategic Journey
Corporate Facts of Life ors that goes beyond simply constructing workspaces. The company’s movable walls and other architectural elements create plug-and-play infrastructures that clients can repurpose and redesign with little or no waste. DIRTT’s culture aligns to the company’s mission and vision: to radically and profitably modernize the multibillion-dollar construction industry. Their previously unimagined mass-custom modular solutions offer top speed, state-of-the-art design, high
efforts toward a positive future engages people’s imaginations. Contrast this with traditional problem-solving methods that focus on the problem and often result in defensiveness, finger-pointing, and denial. David Cooperrider developed Appreciative Inquiry (AI) as part of his doctoral research with the Cleveland Clinic in the late 1970s. Corporations, communities, governments, and schools have used AI all over the world. Dr. Cooperrider American Management Association • www.amanet.org 180