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Is it a risk to set your sights too high, too publicly when you are still in the throes of building an early customer base? Or is it sound business strategy?
A company vision is an important touchstone. It describes the future and the values of your business for all to see. Done right, its job is to motivate, inspire and unite the team behind a big picture aspiration. But in the real world, how do you create a vision that works?
Do you have a company vision? Is it concise, aspirational and shared? Is everyone on board? Well done, you’ve got the vision thing nailed. Move along. Nothing more to see here. But if your answer sits along the spectrum of ‘don’t know’ to ‘no way’, read on. This month's Insight Edge is all about vision.
Most executives and leaders will be familiar with the challenges that come with a change management effort. As businesses continue to experience a highly disruptive corporate landscape, enterprise-wide change is becoming an important aspect of company performance.
According to research from the Project Management Institute, only 18 per cent of firms are effectively leading change, while the vast majority (64 per cent) are only moderately successful. Further research from McKinsey & Company found a mere third of change programs are actually implemented correctly.
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A Masters of Business Administration (MBA) continues to represent one of the most popular advanced degrees, designed specifically for managers and executives who are looking to take their career to the next level. With a number of options open to individuals, understanding the benefits that come with this course of study is incredibly important.
There is also no shortage of reasons to consider pursuing an MBA. Here are four of the most common benefits behind choosing this masters qualification.
1) Build your skill set
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Getting your head in the game: four tips for really achieving your goals in 2016
So Christmas has been and gone and you’re staring down the barrel of another 12 months of work. Think back to this time last year, did you achieve everything you set out to do in 2015? If not, that’s OK – no one’s perfect. We all pay lip service to goal setting but how many of us really take the time do it well? Effective goal setting is the key to real success so we’ve put together four tips to help you really get on track towards big things this year.
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By AIM Business School Design and Research Director Dr Richard Carter
This article originally appeared in Training & Development magazine December 2015 Vol 42 No 6, published by the Australian Institute of Training and Development.
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The ability to make decisions that are both quick and insightful is one of the biggest challenges of occupying a senior leadership position. Both executives and managers looking to reach a senior role have to think on their feet, while still making decisions that are grounded in their experience and that they can justify to colleagues and company directors.