Rita McGrath

Peter Diamandis says a billionaire is someone who solves a problem for a billion people—but impactful change starts with just one. By solving a deeply meaningful problem for one person, you can scale that solution to reach millions or even billions. Technology, media, and the internet of things are powerful tools to amplify these efforts. Imagine using advancements in DNA, biology, or even space exploration to address global challenges. 🚀 🎥 Watch the full episode on YouTube to learn how meaningful innovation begins with small steps and scales to global impact. 🗨️ What’s one problem you’re passionate about solving, and how could technology help?

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𝗧𝗵𝗲 𝗙𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗧𝗵𝗶𝗻𝗸𝗶𝗻𝗴 𝗶𝗻 𝘁𝗵𝗲 𝗔𝗴𝗲 𝗼𝗳 𝗔𝗜 🚀 In an era where data is abundant but time and focus are scarce, strategic thinkers are grappling with a big question: How can we make smarter, faster decisions without drowning in information overload? That’s where AI comes in. By harnessing AI’s analytical power, strategic thinking shifts from reactive to anticipatory. It’s not about replacing human insight—it’s about enhancing it. 🌟 𝗞𝗘𝗬 𝗧𝗔𝗞𝗘𝗔𝗪𝗔𝗬𝗦 • How the 𝗣𝗼𝘄𝗲𝗿 𝗼𝗳 𝗠𝗲𝘁𝗮𝗽𝗵𝗼𝗿𝘀 can craft powerful narratives that transform complex ideas into relatable insights. • Uncover 𝗻𝗲𝘄 𝗽𝗲𝗿𝘀𝗽𝗲𝗰𝘁𝗶𝘃𝗲𝘀 𝗼𝗳 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝘁𝗵𝗶𝗻𝗸𝗶𝗻𝗴 through drawing and visualization. • 𝗦𝘂𝗿𝗳 𝗮𝗻𝗱 𝗗𝗶𝘃𝗲 𝗧𝗲𝗰𝗵𝗻𝗶𝗾𝘂𝗲 - Explore the value of scanning the horizon before diving deep into strategic insights. • 𝗔𝗜 𝗶𝗻 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗧𝗵𝗶𝗻𝗸𝗶𝗻𝗴 and the integration of AI to enhance foresight and adaptability. • 𝗣𝗿𝗮𝗰𝘁𝗶𝗰𝗮𝗹 𝘄𝗮𝘆𝘀 𝘁𝗼 𝘀𝘁𝗿𝗲𝗻𝗴𝘁𝗵𝗲𝗻 𝘆𝗼𝘂𝗿 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝘁𝗵𝗶𝗻𝗸𝗶𝗻𝗴 𝗮𝗽𝗽𝗿𝗼𝗮𝗰𝗵 in any situation. Ready to level up your strategic thinking? Listen to the full episode for more insights. • YouTube: https://lnkd.in/gekJ3tBJ #StrategicThinking #learnfromthebest #Leadership #AI

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An organization’s board of directors provides critical oversight and a strategic vision. But what does it take to become a part of this influential group? I really liked this aticle from Kellogg Executive Education: The Path to the Boardroom Can Be Opaque. Here’s a Roadmap. Here are some highlights: 1. Draft your board bio (and resume): I am in the process of doing this, and I've found that it's very different than a traditional job resume. 2. Find a realistic fit: Don't just take any Board Role because you want it for your resume. You only be valuable if you care about the cause. 3. Get your company’s blessing: Nothing is worse than having to pull out because of a conflict of interest. Also make sure your company understands why it's valuable to be on a board outside of your own organisation. 4. Lean on your network: This is often where the first opportunities arise from. 5. Sell yourself: YOU ARE AWESOME. And have experience, expertise and insights that will bring value to a board. 6. Evaluate the position before you accept it: Make sure you understand the R&Rs so that you are sure you can commit the required time and effort. It's a great read: https://lnkd.in/gsgrxxYW CC Kirti Lad Nick Marsh #womenempowerment #board #BOG #womenonboards

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Thrilled to share "The Top 10 Lessons in Creativity and Leadership from The Nexus Book." Though it is impossible to list all the elements that contribute to high levels of creativity and leadership, the two lists that follow help to focus thinking; both were extracted by Bruce Mau and me, from our work in The Nexus. Here we present the first list, “The Top 10 Lessons in Creativity and Leadership from The Nexus.” The second list will be “The Top Five Lessons from The Nexus in Leadership for Innovation.” Dive into these lessons to enhance or challenge your leadership skills and creative processes. Read the first piece here: https://lnkd.in/gNi7XFGR #Creativity #Leadership #Innovation #TheNexus #Interdisciplinary #HolisticThinking #EmergentBehavior #ComplexSystems

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The Boston Book Festival 2024 featured amazing speakers this year, including 2024 Nobel Prize in Economics winner Daron Acemoglu and MacArthur "genius" grantee Sunil Amrith. Both teach bright minds at MIT and Yale University They discussed "How technology shapes history" We all grew up in a "tech-optimistic" environment, where everyone believed that tech would only improve lives. We wanted cheaper cars, faster computers, more efficient med equipment etc - the more the better In our overly optimistic pursuit of a better quality of life we engaged in insanely aggressive excavation and exploitation of natural resources, which is just unsustainable. We also realized that using tech sometimes has devastating side effects, and that technology can make very rich individuals even richer, not necessarily improving the lives of most people Right now we are facing the rise of potentially the most powerful technology ever invented. Everyone talks about how AI can do this, AI can do that. The truth is - it takes a responsible human being to drive tech to meaningful results and make lives better There's no easy solution to this dilemma. But we as people need to become much more aware of the risks as well as opportunities. We also need to advocate for smarter, strategic and sustainable use of technology and resources #techfuture

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"Happy to share publication of a research paper" Scholars have long grappled with the intricate nature of organizations, proposing diverse theoretical perspectives. Some interpret organizations as functionally rational but technically constrained systems, while others regard them as socially constructed entities embodying individual actions and collective meanings. Organizational survival is often viewed through two contrasting lenses: the ability to adapt to complex environmental constraints or the capacity to shape environments through strategic, voluntaristic choices. These dualities present unresolved challenges for scholars of organizational theory. In practice, organizational theory is marked by a plethora of constructs aimed at understanding organizational forms. These constructs are frequently mapped along two critical dimensions: the firm-environment interaction (ranging from determinism to voluntarism) and the level of aggregation (spanning from individual firms to entire populations). While strategy theorists typically favor a unitary level of analysis focusing on firms, economic historians, sociologists, and organizational ecologists tend to adopt a more aggregate perspective, analyzing organizational populations. This raises a compelling question: Could the concept of a business ecosystem serve as an integrative construct to bridge these theoretical divides? By employing a business ecosystem lens, we can potentially reconcile these fragmented perspectives and offer a holistic framework for analyzing organizational forms. In our recent work, my esteemed co-authors and I propose an "Omni-perspective" to advance this integrative approach. By treating organizations as interconnected entities within a dynamic ecosystem, we aim to address the pluralism inherent in organizational theory and chart a path forward for future research. For those interested in delving deeper, I invite you to explore our paper: Singh, A. K., Chauhan, R., & Dhingra, T. (2024). Engaging firms and populations in ecosystem web: Deploying a multi-paradigmatic construct to resolve pluralism in organizational theory. International Studies of Management & Organization. https://lnkd.in/gu7s8BkP A heartfelt thanks to my co-authors for their unwavering dedication to this intellectually stimulating research stream. Together, we hope to set the stage for a new research agenda that bridges past insights with future possibilities. Dr. Anil Singh Prof (Dr.) Rajneesh Chauhan

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🌟 Reflecting on Ethical Decision-Making in Today's Corporate World 🌟 In the wake of recent events, where notable organizations have re-evaluated their partnerships based on ethical grounds, it's crucial for us to pause and reflect on the essence of ethical decision-making within our corporations. Yesterday, I had an insightful conversation with esteemed Ethics and Purpose Professor, Andy Wicks, from the UVA - Darden School of Management. We delved into the complexities of ethical dilemmas that organizations face, especially in scenarios where societal expectations are rapidly evolving. Professor Wicks has long emphasized that ethical decision-making isn't merely about choosing between right and wrong but understanding the deeper impact of our decisions on a wide array of stakeholders. His teachings remind us that ethical considerations should be as integral to business strategy as financial considerations. Here are a few key takeaways from our discussion and his teachings based on the "Note on Ethical Decision Making, Darden Business Publishing": 1. Standards of Conduct: Every organization operates within a community of practice that has established norms and expectations. Understanding and aligning with these standards not only builds trust but also sustains long-term success. 2. Character and Relationships: The character of an organization shapes its destiny. Nurturing traits like integrity, fairness, and responsibility within corporate culture is essential for building enduring relationships and a respected brand. 3. Purposes and Consequences: Decisions must be evaluated not just by their potential to achieve business goals but also by their impact on the community and environment. This approach ensures that the pursuits of profitability do not undermine ethical standards. The recent decision by DI, Novo, and Maersk to reassess their collaboration with Copenhagen Pride raises important questions about aligning business practices with social values. This scenario exemplifies the need for organizations to be ever-vigilant and responsive to the ethical implications of their actions (I am making no judgment here, as I do not know the situation, so only showing the complexity of ethical decision making in organizations). As we navigate these challenging times, let's commit to fostering an environment where ethical deliberations are not just an afterthought but a fundamental aspect of strategic decision-making. I encourage all professionals to engage in this dialogue, reflect on your organization’s ethical practices, and consider how you can contribute to more principled decision-making in your spheres of influence. If you want to read more about Ethical Decision Making from Andy Wicks, please click in the link below. https://lnkd.in/dXvzqkW8 #BusinessEthics #Leadership #CorporateResponsibility #EthicalDecisionMaking #SustainableBusiness

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#EmergingTechnology as a Catalyst for #BusinessTransformation https://lnkd.in/gbJfNz_z Last month I was asked to make a presentation to *Information Systems Network 8* by Savvas Papagiannidis on this paper: Shahriar Akter, Katina Michael, Muhummad Rajib Uddin, Grace McCarthy Mafuzur Rahman et al. "Transforming #business using #digitalinnovations: the application of #AI, #blockchain, #cloud and #dataanalytics. Ann Oper Res 308, 7–39 (2022). https://lnkd.in/gQhVhx9b I decided to introduce the paper and then to reflect and critique it, before encouraging a different style of Q&A. In summary the takeaway questions included: 🔹 should emerging technology be the #drivers to business transformation? 🔹 what kind of #innovation thinking should underpin our strategic decisions in business? 🔹 what are the emergent #businessmodels that we should consider when we shift our focus to a #humanitycentered #design approach? The questions varied widely from (1) encouragement on the application of #systemsofinnovation- thank you Arturo Vega to (2) business autonomy toward strategic decisions related to R&D, (3) the importance of transdisciplinary research; (4) how industry and academia can better work together; (5) how universities might acknowledge the impact of transdisciplinary research; (6) what may have to change in #institutions to effect real change in #practice. I acknowledge during the presentation the influence of Roba Abbas, Associate Professor Belinda Gibbons and Asif Gill. #patterns #reusability #policy #standards #design #migration #integration #convergence #coexistence #casestudies #AI #ML #cloudcomputing #blockchain #dataanalytics #radical #incremental #hybrid #mutation #recombination #evolutionaryeconomics Thank you to my MBA students University of Wollongong who turned out late at night- it was a full house on zoom. We celebrate 9 Saturdays of working together which culminated in this presentation. Their student projects heavily have influenced my thinking on #CAAS #complianceasaservice #greenwashing #auditing #monitoringservices #processes #eventoptimization #healthstandards #pharmaceuticals #ecosystems #vaccines #rapiddevelopment #researchanddevelopment #privacy #ethics #governance #values #pestelanalysis #UNSDGs #designthinking #people #humanity Appreciated the support from Rein Azer Fady Riad Fadi Nunu Rohit Chitre Amanda Winks Monique Watts Sherif Ibrahim Kachina Dimmock Rob Johnston Joel Rieck Tim Vo Arthur Lim Mukul Jetmalani Shamal Sarup Simsam H. Nidhin Mannukadan. FYI Professor Martin O'Brien. See TheoryHub entries (editor Savvas Papagiannidis) 🔹 Socio-Technical Systems Theory (Abbas and Michael): https://lnkd.in/gy4KRbgU 🔹 Evolutionary Economic Theory (Michael and Abbas) https://lnkd.in/gFfxhjGb Learn more here: https://lnkd.in/ghYqYBZE

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Executive Transition Coaching in M&A: 6 Factors for Success https://hubs.li/Q02DfWZ70

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Are you interested in pivoting to #StrategyConsulting post-MBA? Deborah Shea, the associate director of the CDO at the Yale School of Management hosted a wonderful panel last year. Along with her co-panelists - Dorothy Chen, A.J. Roy, and Joseph Calafiore, she discusses several topics that will be of interest to students applying this year, who are interested in consulting. The. panelists discuss the consulting landscape, and provide insights into the industry, about Yale SOM, and a whole variety of other topics that would be useful to you regardless of whether or not you end up matriculating at Yale. Topics include: 1. Role of the CDO at Yale 2. Consulting industry overview 3. Consulting Club at Yale - an overview 4. The panelists' introductions, and their rationale for applying to MBA programs, and for selecting consulting as a career path. Point number (4) will be useful to anyone who will be writing a statement of purpose (#goalsessay) this coming season, as it will provide you with an overview of how different people think about the same exercise. The link to the video will be provided in comments shortly. (It is available on Yale SOM admissions' official youtube channel) #Entrepreneurship #Consulting #Finance #InvestmentBanking #ProductManagement #operations #AugustAcademyAnswers ----- Follow me for #MBA admissions advice. I also post about #MachineLearning, #ArtificialIntelligence, and general #HumanInterest content sometimes. ---- Want to talk about specific #MBA or #GMAT concerns? DM me.

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Our paper "How do Inclusive Leaders Emerge? A Theory-Based Model" coauthored with Michalle Mor Barak, Kim Brimhall and Gil Luria has been accepted for publication in Management Learning Journal! This research addresses a significant gap in the literature by exploring the emergence of inclusive leaders, integrating theories of leadership emergence and inclusion. Our proposed conceptual model highlights the paradox that, despite the proven effectiveness of inclusive leadership, it is often overlooked in leader selection processes. We identify key practices that can support the emergence of inclusive leaders and improve organizational effectiveness and employee well-being. This work underscores the importance of intentional interventions to disrupt traditional biases in leader selection and foster a truly inclusive leadership environment. We hope this model will serve as a foundation for future research and inform policies promoting inclusive leadership. Preprint version of the paper is in ResearchGate: https://lnkd.in/dVtsdMVQ #InclusiveLeadership #LeadershipResearch #DiversityAndInclusion #ManagementLearning #LeadershipEmergence #ResearchPublication #OrganizationalEffectiveness #EmployeeWellBeing Cite as: Mor Barak M; Brimhall K; Luria G & Ozbilgin M (2024) How do Inclusive Leaders Emerge? A Theory-Based Model. Management Learning.

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“For strategies to generate transformative change—change in the way parts of a system operate and relate with one another, leading to dramatically different outcomes and impacts—they must be collectively owned. Co-owning a strategy for transformation requires a shared intention among partners and funders to rebalance power dynamics, transcend silos, and embrace messiness and experimentation. Co-ownership begins as a shared commitment, rooted in common understanding of a situation.” #collectiveownership #innovation #philanthropy #transformation #change #strategy #impact

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In a thought-provoking dialogue, 🌍 Egon Zehnder’s CEO Ed Camara and Executive Chair Michael Ensser , two seasoned leaders in the field, shared key findings from their latest global CEO study. They underscored how the intricacies of today’s world demand CEOs to adapt more than ever. CEOs are now expected to master business strategy and the art of “strategic empathy” to comprehend and connect with global socio-political changes. Ensser points out, “What most executives are missing is an understanding of how politics work”. 🌱 This study reveals that CEOs focus on climate action and AI, with many feeling more empowered to influence these areas than geopolitics. Leaders increasingly recognize their dual roles: business stewards and contributors to societal change. They are stepping into new realms, carefully navigating complex global issues and creating organizational cultures rooted in curiosity and openness. 🔍 As we face transformative shifts in economics, technology, and energy, today’s CEOs see themselves as observers and architects of a better future. The data shows an emerging collective ambition to lead beyond profit, shaping industries and society. We are excited to share these insights at a time when CEOs are preparing for an era of “groundbreaking systemic changes”. Is the role of CEOs evolving into something more than just a business leader? The answer is becoming increasingly unequivocal. Read the summary of the report here: https://lnkd.in/duP_ZXYG #Leadership #Sustainability #StrategicEmpathy #GlobalCEOs #FutureOfWork #Sostenibilidad #EmpatíaEstratégica #CEOsGlobales

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REINVENT — AUDIO BOOK REINVENT [published by Fast Company’s Fast Company Press in association with IMD (Institute for Management Development) debuted as the #1 The Wall Street Journal bestseller. "REINVENT brilliantly illustrates how businesses thrive in the midst of change." — Vivek Wadhwa, former Distinguished Fellow at Harvard, Carnegie Mellon, & Emory "This is a book I will consult again and again." — Atti Riazi, SVP & CIO, Hearst; former assistant secretary-general of United Nations "REINVENT is a mandatory read." — Shamim Mohammad, NACD.DC, EVP & Chief Information and Technology Officer, CarMax "A highly recommended read for your transformation journey!" — Can Uslay, Ph.D., Vice-Dean, Rutgers Business School "Provides a solid framework that leaders would be wise to follow to thrive." — Jacques Bughin, CEO, Machaon Advisory; retired Sr. Partner, McKinsey & Company "Read this timely book and your chances of success are significantly strengthened." — Subir Chowdhury, “50 Most Influential Management Thinkers"; author of “The Difference” "REINVENT is a must-read!" — • Daniel Burrus NYT bestselling author of “Flash Foresight” "In this amazing book, we see the opportunities and the obligation to do better." — MARNE MARTIN, Chief Strategy Officer & President, IFS FIND OUT MORE FROM THE LINK IN THE COMMENT SECTION. 👇 → PROCEEDS FROM BOOK SALES ARE PLEDGED TO MULTIPLE MYELOMA CANCER RESEARCH #digital #business #transformation #futureofwork

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Strategy and tactics to support a systems thinking mindset.

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The GAP is real with (+/-) impact on team and system performance. Secure your complimentary copy of the 2024 State of Campus Culture™ Report today. 👇 https://lnkd.in/gksWg-VN #edleadership #edleader #highered #higheredleadership #teamdevelopment #cancelaverage #leadership #leadershipdevelopment

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I thought you might enjoy this talk I gave 10 years ago on leadership. It took place at the Said Business School in Oxford University. The ideas in this talk were an important part of the development of the Leading Through paradigm in our new book. Here is the link: https://lnkd.in/gCPsD7Gb

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How many methods do you believe collaborative teams need? In Asana's 2023 State of Collaboration Technology report, Rebecca Hinds, PhD writes: "A whopping 74% of knowledge workers are craving more standardization – saying that they prefer that everyone in their organization use the same set of core collaboration technologies." The report then lists the optimal number of technologies by category for driving productivity. For example, it says teams work best with 2 communication tools: one for synchronous calls and one for async updates. The same is true for collaboration methods. The sweet spot is: - 3 Decision-making methods - 4 types of well-defined meetings Standardization frees the energy that the team needs to take on all the creative, innovative tasks they wish they could focus on when instead they're trying to figure out where things are, why they're meeting, or how to get a decision made. Now I'm curious: for your area of expertise, what are the optimal number of methods or processes a team should standardize on? And what other types of standardized agreements do the teams in your world find freeing? You'll find Asana's report here: https://lnkd.in/gXra95bw

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