Startups, Companies, Acquisitions and Hurricanes

Startups, Companies, Acquisitions and Hurricanes

GUEST POST from Mike Shipulski

If you run a company, the most important thing you can control is how you allocate your resources. You can’t control how the people in your company will respond to input, but you can choose the projects they work on. You can’t control which features and functions your customers will like, but you can choose which features and functions become part of the next product. And you can’t control if a new technology will work, but you can choose the design space to investigate. The open question – How to choose in a way that increases your probability of success?

If you want to buy a company, the most important thing you can control is how you allocate your resources. In this case, the resources are your hard-earned money and your choice is which company to buy. The open question – How to choose in a way that increases your probability of success?

If you want to invest in a startup company, the most important thing you can control is how you allocate your resources. This case is the same as the previous one – your money is the resource and the company you choose defines how you allocate your resources. This one is a little different in that the uncertainty is greater, but so is the potential reward. Again, the same open question – How to choose in a way that increases your probability of success?

Taking a step back, the three scenarios can be generalized into a category called a “system.” And the question becomes – how to understand the system in a way that improves resource allocation and increases your probability of success?

These people systems aren’t predictable in an if-A-then-B way. But they do have personalities or dispositions. They’ve got characteristics similar to hurricanes. A hurricane’s exact path cannot be forecasted, the meteorologist can use history and environmental conditions to broadly define regions where the probability of danger is higher. The meteorologist continually monitors the current state of the hurricane (the system as it is) and tracks its position over time to get an idea of its trajectory (a system’s momentum). The key to understanding where the hurricane could go next: where it is right now (current state), how it got there (how it has behaved over time), and how have other hurricanes tracked under similar conditions (its disposition). And it’s the same for systems.

To improve your understanding of how your system may respond, understand it as it is. Define the elements and how those elements interact. Then, work backward in time to understand previous generations of the system. Which elements were improved? Which ones were added? Then, like the meteorologist, start at the system’s genesis and move forward to the present to understand its path. Use the knowledge of its path and the knowledge of systems (it’s important to be the one that improves the immature elements of the system and systems follow S-curves until the S-curve flattens) to broadly define regions where the probability of success is higher.

These methods won’t guarantee success. But, they will help you choose projects, choose acquisitions, choose technologies, and choose startups in a way that increases your probability of success.

Image credits: Pexels

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The Dark Side and the Shep Side of Customer Service

The Dark Side and the Shep Side of Customer Service

GUEST POST from Shep Hyken

Let’s play a game. We can call it ‘Lousy Service Versus Good Service’, or a better title I came up with: ‘The Dark Side Versus the Shep Side’.

‘The Dark Side of Service’ is just bad. The opposite is what I teach in my customer service (CX) keynote speeches and customer service training program. Here are some Dark Side and Shep Side examples:

Dark Side: Making customers wait for long, unreasonable lengths of time.

Shep Side: Customers don’t wait. But that’s not always possible, so if they do have to wait, they are told how long, and the company honors its commitment.

Dark Side: Employees are rude. In my annual customer service research (sponsored by RingCentral), the top reason customers leave one company to go to another is rude employees!

Shep Side: Employees are the exact opposite of rude. Our research found the top reasons customers come back to a company are employees who are helpful, knowledgeable and friendly.

Dark Side: The experience is marred by friction and unfriendly customer policies. It seems like it’s never easy to reach a person or get help, and even if you’re trying to buy something, sometimes the company makes it hard. It’s almost as if they have a sales-prevention department.

Shep Side: Customers love companies that are easy to do business with. It’s more than convenience – although customers love convenience. Being easy in business means processes and policies that are customer-friendly. It’s easy to reach a customer support agent. Employees respond quickly to customers’ messages. Maybe it’s a hassle-free return or exchange policy. The point is, the experience is just easy!

Dark Side: Inconsistent experiences … one day, the service and experience are great. The next time, they aren’t. The customer wonders, “What will the next experience be like?”

Shep Side: When customers have a consistent and predictable experience, they trust you. They know what they are going to get. They “own the experience,” often to the point where a customer won’t take the risk of doing business elsewhere for fear of being let down. This is what you want customers to experience.

The Dark Side and the Shep Side of Customer ServiceI could go on and on with examples like these, but instead, how about you come up with your list? Use these examples as conversation starters to find your version of the Shep Side of service. Start by asking where you fall short or receive complaints. Dig deep to find the root cause of these problems. Then, determine what the opposite of these problems would be. More importantly, what drives the opposite experience? And when you find it, do what’s necessary to make it consistent and predictable. That’s what customers want: a consistent and predictable experience they can count on.

Image Credits: Unsplash

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The Two Main Opponents of Digital Success

The Two Main Opponents of Digital Success

GUEST POST from Howard Tiersky

I have written before about the importance of the role that emotion plays in driving your customer’s or audience’s behavior in digital channels.

When creating digital touch points, it is natural to focus on the capabilities and content that we believe customers will want, need, and hopefully love. This is essential as your digital touchpoint must have a strong core value proposition to the visitor in order to be viable.

However, it’s important to be aware of a psychological factor called Negativity Bias. What Negativity Bias says is basically that our negative emotions are more powerful in our psyche than our positive emotions. We might be excited about going on vacation, but if we are worried it might rain, those negative feelings can outweigh the positive ones.

At FROM we spend a lot of time testing websites, mobile apps and other digital experiences with real end-users and we get to observe their emotional reactions first-hand. After watching hundreds of these tests, I would have to say that our research confirms this idea of negativity bias. Simply put, no matter how promising or worthwhile a site is when it starts to trigger negative reactions in users, they usually abandon it quickly, no matter how initially interested they may have been. Note there is an exception to this rule which we call the Bruce Springsteen Rule – perhaps showing our age. For many years the TicketMaster site was quite terrible and yet when the moment came that a new Bruce Springsteen concert opened up for sale, tens of thousands of people would flock to the site and frankly just suffer through the purchase experience in order to get those tickets. So if your site experience is the digital equivalent of a Bruce Springsteen ticket (Millennials, please substitute Justin Bieber), then you may have found a way to neutralize negativity bias. Otherwise, read on.

So what are these negative reactions we get from users? There are a variety of possibilities, but there are two primary emotional villains that lead the pack: confusion and frustration.

Confusion is usually the first emotion we see. A user begins perhaps looking for a product or researching a topic, but he/she doesn’t fully understand the interface, the results they are getting or the labeling or language used. They start to feel confused. Confusion is a harmful emotion because it tends to make people feel that they are at fault. They are perhaps too stupid to figure out how to use the site or app. You might think,” Well that’s better than them blaming us!” but in fact, it’s not. They say the best thing you can do to have a great first date with someone is to leave them feeling great about themselves, and so it goes with digital experiences. If a user feels they aren’t smart enough to figure out your site or app, they may not blame you, but they leave nevertheless, so the outcome is basically the same.

And by the way they may in fact subconsciously blame you for making them feel dumb.

So how to avoid confusion? Study users’ paths through the site via task analysis, as we do here at FROM. Anytime we test a site, even a very successful one, we always find many points of confusion. It’s a matter of basic hygiene: sites are constantly changing, and it’s hard to make sure that every tweak is totally clear to everyone. Doing quarterly or at least annual user tests to make sure you are aware of any confusion “bombs” that may have been planted on your site is just good business. Furthermore, confusion-related problems are often inexpensive to fix. Sometimes it’s simply about rewording a button or moving a call to action. Sometimes it’s about just removing a feature that’s causing more confusion than benefit.

The second emotional villain is frustration. When you are frustrated you aren’t feeling at all confused — generally, you know exactly what the site is supposed to do; it just isn’t doing it! Frustration can be triggered by site defects, slow performance, check out process that are more steps than the user feels they “should be,” policies that don’t give the user the outcome they want, or missing features that the user perceives “everybody else has” which may actually just mean that Uber and Amazon have them. It’s quite easy to frustrate users today as their expectations are so incredibly high. Creating frustration in digital users is super-damaging to your brand because many users create a meaning around the frustration which is that the brand just doesn’t care. Users believe that brands should know what they expect and that if they aren’t providing it, there can be only reason: they just aren’t bothering. This, of course, may be a completely erroneous conclusion… in our experience very often clients don’t realize the points in their customer experience that are creating frustration until we conduct the user tests that reveal these problems.

Frustration problems are often easy to fix, but sometimes they can be very challenging because they may stem from underlying technology issues that are expensive to remediate. Nevertheless, it’s essential to understand where these problems exist and gauge the impact they are having on your business results, so that you can make an informed decision about whether or when to invest in addressing them.

In our experience, sites that offer something of value and manage to avoid creating confusion or frustration for their visitors are winners. The first step to getting there is a user-research focused assessment so that you can face the reality of the emotional reactions you are creating. Once that is understood, a roadmap to improvement can be developed and results measured along the way.

This article originally appeared on the Howard Tiersky blog

Image Credits: Pixabay

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Five Must Reads for 2025

Five Must Reads for 2025

GUEST POST from Robyn Bolton

‘Tis the season for “year in review” and “top 10 lists.”  As fun (and sometimes frightening) as it is to look back, it is just as fun (and sometimes frightening) to look ahead.  After all, as innovators, that is what we naturally do.  So, in anticipation of the year ahead, here are 5 Must Reads to make 2025 far more fun than frightening.

(listed in alphabetical order by author’s last name so I can’t be accused of playing favorites)

Pay Up! Unlocking Insider Secrets of Salary Negotiation by Kate Dixon

Pay Up! Unlocking Insider Secrets of Salary Negotiation
  • This book is for everyone, especially… people who want to earn what they deserve
  • This book solves the problem of…the black box that is compensation and the fear of negotiating for what you’re worth
  • This book creates value by… Outlining a step-by-step system to:
    • Understand key terms and concepts and apply them to your situation
    • Research the information you need to confidently and competently negotiate
    • Know what to say and do (and NOT say or do) in the moment
  • Why I love this book: Full disclosure – Kate and I are friends, so I’ve had a front-row seat to her wisdom and humor (how many compensation books invoke Beyonce?) and the jaw-dropping impact she gets for her clients.  I’ve even gifted this book to others because I know it works!

Disrupt Yourself: Putting the Power of Disruptive Innovation to Work by Whitney Johnson

Disrupt Yourself - Putting the Power of Disruptive Innovation to Work
  • This book is for everyone, especially… people who are rethinking their careers and are ready for change
  • This book solves the problem of… knowing how to start redefining your career (and yourself)
  • This book creates value by… Turning Clayton Christensen’s Theory of Disruption into four principles for self-disruption, including:
    • Identifying your disruptive strengths
    • Stepping backward or sideways to grow
    • Patiently waiting for your career (and legacy) to emerge
  • Why I love this book: Two quotes: (1) “Disruption starts as an inside game” and (2) “Constraints can be the perfect remedy if you are having a difficult time.”

Live Big! A Manifesto for a Creative Life by Rochelle Seltzer

Live Big! A Manifesto for a Creative Life
  • This book is for everyone, especially… people who want to experience daily joy and creativity
  • This book solves the problem of…feeling stuck in the day-to-day reality of life, uncertain whit how to begin, and afraid to make big, drastic changes
  • This book creates value by… Offering 20 tips for:
    • Becoming a person who Lives Big, including slowing down, aligning to your purpose, and being patient
    • Acting big, including listening to your intuition, embracing change, and carrying on
    • Savoring the small joys of life, including the gorgeous design of the book
  • Why I love this book: Rochelle’s Discovery Dozen exercise is a game-changer.  I learned this tool when she was my coach, and I have continued to use it for everything from naming my business, to deciding if/when/how to act on an opportunity, and writing articles.

The Coaching Habit: Say Less, Ask More & Change the Way You Lead Forever by Michael Bungay Steiner

The Coaching Habit - Say Less, Ask More - Change the Way You Lead Forever
  • This book is for everyone, especially... busy managers who want to be better people leaders
  • This book solves the problem of…balancing hands-on management with team empowerment and individual development
  • This book creates value by… Guiding you through seven questions that help you:
    • Work less hard while having more impact
    • Break cycles of team overdependence and workplace overwhelm
    • Turn coaching and feedback from an occasional formal event into a daily habit
  • Why I love this book: A copy of the 7 questions sits just below my monitor, reminding me to be curious, dig deeper, and that every decision is a choice to do one thing and not another.

Readers Choice!

Version 1.0.0
Version 1.0.0

It’s audience participation time!  In the comments below, drop YOUR recommendation for a 2025 Must Read.

Bonus points for telling us:

  • Who it’s for
  • Problem it solves
  • Value it creates
  • Why you love it

Image credit: MileZero, Misterinnovation.com

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Moments and Movements Are Not the Same Thing

Moments and Movements Are Not the Same Thing

GUEST POST from Greg Satell

On September 17th, 2011, protesters began to flood into Zuccotti Park in lower Manhattan. Declaring “We are the 99%” they planned to #Occupy Wall Street for as long as it took to make their voice heard. Similar protests soon spread like wildfire across 951 cities in 82 countries. It seemed to be a massive global movement of historic proportions.

But it wasn’t a movement. It was merely a moment. Within a few months, the streets and parks were cleared. The protesters went home and nothing much changed. #Occupy was, to paraphrase Shakespeare, full of sound and fury, signifying nothing. Certainly, no tangible aim was accomplished.

Failure has costs. Thousands of people for hours a day across several months adds up to billions of dollars worth of man-hours that could have been put to some useful purpose. Make no mistake. Creating positive change in the world takes far more than mobilization. You need a vision and a strategy, guided by values, designed to accomplish clear objectives.

Getting Beyond Grievance

Every change effort starts with a grievance. There’s something that people don’t like and they want it to be different. In a social or political movement that may be a corrupt leader or a glaring injustice. In an organizational context, the problem is usually something like falling sales, unhappy customers, low employee morale or technological disruption.

Whatever the case may be, the first step toward bringing change about is to understand that getting mired in grievance won’t get you anywhere. You can’t just complain about things you don’t like. You need to come up with an affirmative vision for how you would want things to be different and better.

The best place to start is by asking yourself, “if I had the power to change anything, what would it look like?” Martin Luther King Jr.’s vision for the civil rights movement was for a Beloved Community. Bill Gates’s vision for Microsoft was for a “computer on every desk and in every home.” A good vision should be aspirational. It should inspire.

One of the things I found in my research is that successful change leaders don’t try to move from grievance to vision in one step, but rather identify a Keystone Change, which focuses on a clear and tangible goal, includes multiple stakeholders and paves the way for future change, to bridge the gap.

For King, the Keystone Change was voting rights. For Gates it was an easy-to-use operating system. For your vision, it will undoubtedly be something different. The salient point here is that every successful transformation I have come across started out with a Keystone Change, so that’s where you will want to start as well.

Building In Constraints Through A Genome Of Values

Creating a clear vision for change is absolutely essential, but it’s only a first step. You also need to be clear and explicit about your values. While a vision for the future represents possibility, values represent constraints. Values make clear that we not only want things, but we’re also willing to incur certain costs to attain them.

For example, throughout his life, Nelson Mandela was accused of being a Communist, an anarchist, an extremist and worse. Yet when confronted with these accusations, he would always say that no one had to guess what he believed or what he was fighting for, because it was all written down in 1955 in a document called the Freedom Charter.

Importantly, the Freedom Charter imposed constraints on Mandela and his movement. When he rose to power, he couldn’t oppress white Afrikaners, because that would betray all that he’d been fighting for. That gave the movement credibility and power. Occupy, of course, was never clear or explicit about its values and never sought to constrain itself in any way. It’s activists were often seen as undisciplined and vulgar

In a similar vein, when Lou Gerstner set out to transform IBM in the 90s, he vowed that he would shift the company’s values from the “stack of its own proprietary technologies” to its “customers’ stack of business processes.” Yet it was his willingness to forego revenue on every sale to make good on this value is what made people believe in it. If not for that, it’s doubtful IBM would still be in business today.

Make no mistake. Values always cost something. If you are unwilling to bear costs and constraints, it isn’t a value. It’s a platitude. Change is always built on a foundation of shared values and common purpose. If you aren’t able to communicate clearly about what you believe and what you value, you can’t expect others to join you.

Mobilizing People To Influence Institutions

In October 2011, at the height of the #Occupy protests, the civil rights legend and Congressman John Lewis showed up at an #Occupy rally in Atlanta and asked to speak. He was refused. Some attributed the snub to racism among the privileged white protestors. Others faulted Lewis himself, who didn’t understand the complex rules of the rally.

The protester who led the charge to block Lewis, however, described a different motivation. For him, Lewis’s great crime was that he was part of the “two-party system” and therefore unworthy of trust. “Any organization that upholds the legitimacy of the two-party system simply buttresses interests opposed to those of everyday people,” the man said.

This is, of course, total nonsense. Every regime or status quo depends on institutions to support them. That’s why a key part of any transformation strategy is to mobilize people to influence the institutions that can bring change about. One major reason that #Occupy failed was that it mobilized people to do no more than sleep in parks and snarl out epithets.

Now consider Martin Luther King Jr., who was able to bring considerable influence to bear on the US political system, just as Thurgood Marshall and Charles Hamilton Houston did with the US legal system and Nelson Mandela did with international institutions. These men had at least as much reason to be skeptical as any #Occupy protester, but understood that it is institutions that have the power to make change real.

In our corporate work, we find the same principle applies. Would-be changemakers tend to construe institutions too narrowly. If it is an internal initiative, they overlook customers, industry associations, community leaders and other external stakeholders. If it is an externally facing initiative, they often overlook important internal stakeholders that can help.

Preparing For Your Moment

It’s easy to confuse a moment with a movement. A movement involves linking together small, but often disparate groups in the context of shared purpose and shared values. A moment occurs when an event triggers a temporary decrease in resistance to an action or idea that opens up a window of opportunity. Movements require preparation. Moments require little more than luck.

That’s why we see protesters suddenly fill the streets and then, almost as suddenly, dissipate with little or no impact. It’s why some startups catch investors’ imagination and race to billion-dollar unicorn status, only to crash and burn just as fast. Politicians’ fortunes rise and fall, social media stars have their moment in the sun before disappearing into obscurity.

Building a movement requires work. You need to get beyond mere grievances and articulate an affirmative vision. You need to identify and speak to shared values and build on common ground. You need to invite people to join your cause for their own reasons, which may be different from your own. And then you need to focus your efforts on influencing the institutions that can actually make a difference.

So we should never mistake a moment for a movement. However, we can build a movement in anticipation for a moment that we expect will come. Gandhi trained his disciples for ten years before the opportunity for the Salt March came along. King’s efforts failed in Albany, but triumphed in Birmingham under better circumstances. Polish protesters were ill-prepared in 1970, but learned from the mistakes and later brought down an empire.

The crucial point to remember is that moments of opportunity are rare. We need to prepare for them. So that when they happen and fortune smiles on us we are ready. We have everything in place. That’s how radical, transformational change comes about.

— Article courtesy of the Digital Tonto blog
— Image credits: Pexels

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Building Trust for High Performing Teams

Building Trust for High Performing Teams

GUEST POST from David Burkus

Trust is the bedrock upon which successful teams are built. High-performing teams are characterized by an elevated level of trust. This trust in high performing teams manifests in four distinct ways: teams trust each other to deliver, they trust that they can share new ideas, they trust that they can disagree, and they trust that they can make mistakes. Each of these aspects of trust contributes to the overall success and productivity of the team.

As a leader, it is your responsibility to set the tone and model trust within your team. This involves creating an environment where team members feel safe to share their ideas, voice their disagreements, and admit their mistakes. By doing so, you can foster a culture of trust that drives your team towards high performance.

In this article, we’ll review each type of trust in high performing teams and offer ways leaders can build each.

Teams Trust Each Other To Deliver

Trust in a team begins with the belief that each member will deliver on their commitments. This trust is built on clarity and understanding of each person’s role within the team. When team members understand how their work contributes to the overall team goals, they are more likely to feel accountable and deliver on their commitments. Lack of trust can manifest when people don’t know how their work fits into the team. This can lead to confusion, miscommunication, and ultimately, a failure to meet team objectives.

Regular team huddles can improve clarity and accountability, thereby fostering trust in the team’s ability to deliver. In huddles, the team meets at regular intervals to review progress, set new priorities, and discuss any potential roadblocks. Doing so as a team not only keeps everyone on the same page, over time it can instill a belief in each person that their teammates can deliver on their promises (assuming, of course, the teammates are actually delivering on their promises).

Teams Trust They Can Share New Ideas

High-performing teams are often characterized by their ability to generate and welcome new ideas. This requires a culture of trust where team members feel safe to share their out-of-the-box thinking. Diversity of experiences and perspectives can lead to innovative ideas that drive the team forward. But only if team members feel safe enough to share the innovative ideas that stem from their diverse perspectives.

Leaders play a crucial role in fostering this culture of trust. By modeling active listening and creating an environment where new ideas are considered and valued, leaders can encourage their team members to share their thoughts and contribute to the team’s innovation. When leaders demonstrate how to respect the new ideas of others, hearing them out fully, and discuss them, they not only teach the team how to do so but they send a message to everyone that “crazy” ideas are welcome here.

Teams Trust That They Can Disagree

Disagreements are a natural part of any team’s dynamics. As teammates from different backgrounds, perspectives or experiences discuss their problems or plan out critical tasks, they’re going to disagree on the best way forward. In low-performing teams, this conflict is often avoided, and ideas suppressed. However, in high-performing teams, disagreements are viewed as opportunities for growth and improvement. Team members trust that they can voice their disagreements and have their ideas challenged in a respectful and constructive manner.

Leaders can foster this trust by setting the tone for disagreements. When teammates speak up to disagree with a leader, it’s an opportunity to model respectful dissent and discussion. When teammates disagree with each other, it’s an opportunity for the leader to “referee” the conflict and establish ground rules for keeping conflict task focused. By welcoming disagreements and ensuring that everyone feels heard, leaders can create a safe space for constructive conflict and continuous improvement.

Teams Trust They Can Make Mistakes

Mistakes are inevitable in any team. Teams will make assumptions about the environment or get hit with unexpected changes. Failure on a team is unavoidable even on the highest-performing teams. In low-performing teams, failures quickly turn into blame sessions, which each member trying to save their own skin. However, in high-performing teams, mistakes are viewed as learning opportunities rather than failures. This requires a culture of trust where team members feel safe to admit their mistakes and learn from them.

In dysfunctional teams, people often hide their failures due to fear of judgment or exploitation. Leaders can counteract this by modeling vulnerability and admitting their own mistakes. This can help to build trust and create a safe environment for team members to learn and grow. When a team witnesses a leader taking responsibility for failure or admitting a shortcoming, they’re more likely to trust that leader in the future—and to trust each other.

Trust is the cornerstone of high-performing teams. It manifests in the team’s ability to deliver, share new ideas, disagree constructively, and admit mistakes. As a leader, it is your responsibility to foster this trust within your team. By setting the tone and modeling trust, you can create an environment where your team can thrive and do its best work ever.

Image credit: Pixabay

Originally published on DavidBurkus.com on October 30, 2023

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Uncertainty Isn’t Always Bad

Uncertainty Isn't Always Bad

GUEST POST from Mike Shipulski

If you think you understand what your customers want, you don’t.

If you’re developing a new product for new customers, you know less.

If you’re developing a new technology for a new product for new customers, you know even less.

If you think you know how much growth a new product will deliver, you don’t.

If that new product will serve new customers, you know less.

If that new product will require a new technology, you know even less.

If you have to choose between project A and B, you’ll choose the one that’s most like what you did last time.

If project A will change the game and B will grow sales by 5%, you’ll play the game you played last time.

If project A and B will serve new customers, you’ll change one of them to serve existing customers and do that one.

If you think you know how the market will respond to a new product, it won’t make much of a difference.

If you don’t know how the market will respond, you may be onto something.

If you don’t know which market the product will serve, there’s a chance to create a whole new one.

If you know how the market will respond, do something else.

When we have a choice between certainty and upside, the choice is certain.

When we choose certainty over upside, we forget that the up-starts will choose differently.

When we have a lot to lose, we chose certainty.

And once it’s lost, we start over and choose uncertainty.

Image credits: Pexels

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Creating A Connected Human Experience

Empathy Meets Technology

Creating A Connected Human Experience

GUEST POST from Shep Hyken

Because of AI, so much has changed in the way companies do business. The technology hit a tipping point when ChatGPT and other generative AI solutions moved from behind the scenes to public awareness in November 2022. Even if the public didn’t know exactly what ChatGPT-type products were, they had an idea. This created both excitement and fear. For companies and brands, it created opportunities to employ more powerful technology at a lower price. It also created confusion about which technology to choose, how to implement it quickly and whether to implement something as new as this at all.

One company that quickly adapted and transformed itself is C1, a technology solutions provider that serves nearly half of the Fortune 500 (and many others) and partners with more than 140 technology vendors that they help match to their clients’ needs. I had a chance to sit down with Jeffrey Russell, formerly a “transformation leader” and president of Accenture Canada, and now the CEO of C1, who shared how he is leading his company to grow through acquisition and meeting the company’s and its customers’ ever-changing goals.

In our interview on Amazing Business Radio, Russell shared, “In a financial restructuring, you really need to have your story right from the outset.” His formula is simple.

  1. Know what you’re really good at—your company’s superpowers.
  2. Know how you want the organization to change and how you plan to get there. Clarity is essential to getting an ownership group and other stakeholders to support your plan.
  3. Everyone on the team must tell the same story and communicate it clearly. You can’t afford miscommunication. You want to communicate the company’s vision and its long-term value and demonstrate confidence in the company’s future success.
  4. Finally, you must have patience. Over-communicate throughout the process to keep everyone aligned as you move forward.

Russell states, “In the end, leading a change like this is about taking control of your destiny so you can come out on the other end as a financially stronger organization in a better market position to innovate, deliver value to customers and sustain growth.”

While leading C1’s growth and transformation in the era of the AI technology boom, Russell never took his eye off what was most important to a company: the human experience. In addition to taking us through that overview, he also shared how to create a powerful connected human experience for both customers and employees, which is the focus of what follows. Below are his ideas (in bold) followed by my commentary:

  1. Two words that aren’t typically found in the same sentence are technology and empathy. Russell says, “Technology is stark. It’s cold, and often a barrier between the company and its customers.” The easiest way to explain this is that companies must find a balance between technology and the human-to-human (H2H) experience. While technology expands capabilities, you can’t afford to do it at the cost of the relationship. The concept of empathy means understanding what matters to customers. People must be the No. 1 consideration in a plan to acquire and implement new technology.
  2. Ensure technology serves human needs. As you seek a balance between tech and H2H, consider how the technology helps people. Does it make life easier for both customers and employees? And, to emphasize Russell’s concern about the overuse of tech, will it enable better connections?
  3. Use human experience to add new levels of business value. Without technology, what would the experience look like? Then, after implementing the technology, be sure it supports rather than disrupts the experience.
  4. Walk in the shoes of your customer! As “cool” as technology can be, pretend you’re the customer who isn’t quite as savvy with technology as you are. What’s the experience like? It must be easy, intuitive and almost human-like.

As we came to the end of the interview, Russell shared three A’s people should consider when referring to AI:

  1. Authentic Intelligence: Even if it is artificial, does the solution promote an authentic experience? Or will the technology come across to the customer as cold or stark?
  2. Augmented Intelligence: Think of augmented reality and how it enhances the virtual experience. AI augments intelligence. It may or may not work by itself, but when combined with the H2H experience, it supports and makes it easier for employees to help customers with their questions and problems.
  3. Actionable Intelligence: When you activate artificial intelligence, the implementation process should begin with what happens to the customer experience when it is applied. Just having something new or cool isn’t the reason to implement it. This concept takes us back to how the best companies seem to master the balancing act between technology and the H2H experience.

Rapid advances in AI technology bring both opportunities and challenges for businesses. As companies and brands explore, experiment and make their choices for what works best, Russell emphasizes never losing focus on creating a meaningful and connected experience. By balancing technology with empathy and understanding, businesses can not only survive but thrive in this new era.

Image Credits: Pixabay

This article originally appeared on Forbes.com

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A Toolbox for High-Performance Teams

Building, Leading and Scaling

A Toolbox for High-Performance Teams

GUEST POST from Stefan Lindegaard

Together with a client, we are developing a toolbox for building, leading, and scaling high-performance teams. We are about to begin the implementation phase and will share case stories in a few months, as there are valuable learnings in this process.

For now, you are welcome to use this toolbox. See the introduction and images below, and if you see a match, get in touch with your feedback and questions about utilization and implementation within your teams and organization.

Here’s a short overview of the toolbox. The attached images also provide a glimpse (let me know if I should send you an image deck with all of this combined):

Capability Gap Map

The Capability Gap Map tool helps identify and understand the current status, future desired position, and gaps that need to be filled across different focus areas. The key elements are 7-12 indicators that are prioritized, assessed today, and considered for the future position.

Steps for Using the Capability Gap Map:

  1. Identify Indicators: Select 7-12 key indicators relevant to the focus area.
  2. Prioritize Indicators: Rank the indicators based on their importance and impact.
  3. Rate Current State: Assess the current state for each indicator.
  4. Assess Future State: Define the desired future state for each indicator.
  5. Develop Action Plans: Create a one-pager outlining short, mid, and long-term actions to bridge the gaps.

SEBL (Stop, Enhance, Borrow, Learn)

SEBL is a tool to help leaders and their teams understand what to Stop, Enhance, Borrow, and Learn based on the Capability Gap Map. This tool can spur reflections and help drive specific actions.

Steps for Using SEBL:

  1. Stop: Identify and eliminate ineffective practices to free up resources and provide clarity.
  2. Enhance: Improve what’s already working well, capitalizing on strengths.
  3. Borrow: Look outward for inspiration and adapt successful practices from other sources.
  4. Learn: Push boundaries, innovate, and introduce entirely new concepts or skills.

Action Overviews

The Action Overview is a short document for leaders and their teams to create an overview of their upcoming actions. It can be used for individuals as well as teams and is useful for sharing the current focus with team members and stakeholders to get feedback and leverage networks.

Steps for Action Overviews:

  1. Focus & Description: Define your key action and relate it to your team’s objectives.
  2. Expected Outcomes & Metrics/KPIs: Detail what you aim to achieve and the metrics to measure these outcomes.
  3. Resources & Team Collaboration: Identify needed resources and potential for cross-functional collaboration.
  4. Stakeholders: Identify relevant internal and external stakeholders and their attitudes toward the action.
  5. Milestones/Deadline: Break down the action into manageable milestones, each with its own deadline.

Additional Tools

This toolbox is still in the early phases, and we are starting to implement it while developing other tools. If you are curious, we can also develop tailored Team Dynamics Cards, exercises, assessments, and other insights to support the above actions. You can access my library with over 250 images, 50+ cards on Team Dynamics and Leadership Growth, and more than 30 exercises. Custom materials can also be created for your teams or organization.

Feel free to use and share these tools. I look forward to your feedback and questions on implementing them within your teams and organization. If you’d like a complete image deck or more details, just let me know!

Image Credits: Unsplash, Stefan Lindegaard

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The Twelve Killers of Innovation

A Corporate Carol About Why You’re Not Getting Results

The Twelve Killers of Innovation

GUEST POST from Robyn Bolton

Last week, InnoLead published a collection of eleven articles describing the root causes and remedies for killers of innovation in large organizations.  Every single article is worth a read as they’re all written by experts and practitioners whose work I admire.

I was also inspired.

In the spirit of the hustle and bustle of the holiday season, I gave into temptation, added my own failure mode, and decided to have a bit of fun.

The Twelve Killers of Innovation

(Inspired by the Twelve Days of Christmas yet relevant year-round)

On the twelfth day of innovating, management gave to me:

Twelve leaders short-term planning

Eleven long projects dragging

Ten cultures resisting

Nine decisions made too quickly

Eight competing visions

Seven goals left unclear

Six startups mistrusted

Five poorly defined risks

Four rigid structures

Three funding black holes

Two teams under-staffed

And a bureaucracy too entrenched to change

Want to write a happier song?

Each of the innovation killers can be fended off with enough planning, collaboration, and commitment.  To learn how, check out the articles:

Twelve leaders short-term planning – 3 Examples of Why Innovation is a Leadership Problem by Robyn Bolton, MileZero

Eleven long projects dragging – Failing Slow by Clay Maxwell, Peer Insight

Ten cultures resisting – How to Innovate When Resistance is Everywhere by Trevor Anulewicz, NTT DATA

Nine decisions made too quickly – Red Light, Green Light by Doug Williams, SmartOrg Inc.

Eight competing visions – The Five Most Common Innovation Failure Modes by Parker Lee, Territory Global

Seven goals left unclear – Mitigating Common Failure Modes by Jim Bodio, BRI Associates

Six startups mistrusted – Developing a New Corporate Innovation Model by Satish Rao, Newlab

Five poorly defined risks – Strategic Innovation is too Scary by Gina O’Connor, Babson College

Four rigid structures – Corporate Innovation is Dead by Ryan Larcom, High Alpha Innovation

Three funding black holes – Failure Modes by Jake Miller, The Engineered Innovation Group

Two teams under-staffed – Why Innovation Teams Fail by Jacob Dutton, Future Foundry

And a bureaucracy too entrenched to change – Building Resilient Teams by Frank Henningsen, HYPE Innovation

How are you going to make sure that you receive gifts and not coal this year for all your innovation work?

Image credit: Pexels

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