In today’s dynamic and rapidly evolving business landscape, effective management practices go beyond mere profitability and performance metrics. Organizations are recognizing the significance of aligning their actions and decision-making with a set of core values that define their purpose, culture, and impact on society. Managing by values is an approach that emphasizes the importance of …
Last week, I was on the subway on my way to work when a couple of people got on. Immediately, the woman next to me moved to a seat farther away from them and looked at them suspiciously. The reason was probably something to do with their appearance. It was obvious that they weren’t in …
If it’s legal, it’s right. That’s what many say when asked about some sort of business practices. And yet, recent history shows us the importance of ethics while pursuing business objectives. Regulation will always be behind business This era of digitalization, the use of artificial intelligence and data processing tools, along with changes in people’s …
When I work with managers developing their leadership skills, we usually talk a lot about how they make decisions. Complexity, non-linearity, and uncertainty shape a context, in which making decisions is certainly difficult. And yet, making decisions is only one side of the coin. The other side is persuasion, an art that every leader should …
Leaders need to deal with uncertainty. To make that, they aim to a desired future chosen among all the possibilities. A destiny strongly dependent on what the organization’s purpose is. Vision, the desired future, and purpose, the why, are present in every organization. But unless actions follow the words, it’s not a real purpose but …
Last week in Spain, we learnt that, during the worst of the COVID-19 crisis, the government of Madrid awarded a facemask-supplying contract to a relative of Madrid’s regional president. Last month, we knew that the UK prime minister attended a party during lockdown, breaching the rules set by his government in the pandemic. Here and …
People develop their ethics as a result of an accumulation of values transmitted by family, friends, culture, religion and experience; and ethics are what tells us ‘this is a right behaviour’ or ‘this is a wrong behaviour’. Generally speaking, we all have developed that sense of good or bad. Then, why do people, with values, …
What happens with some people who think the rules don’t apply to them?
Usually, they think their power and position drive away consequences and, therefore, the common rules don’t apply to them. This ‘do as I say, not as I do’ behaviour provokes lack of trust.
