There’s no time like the present for a strategic audit. Successful companies rarely rely on stable strategies and the best organizations adapt continuously to evolving market conditions. Indeed, companies rarely rely on existing endowments for sustained success. We are living through the End of Competitive Advantage.

the ceo magazine, executive coaching

There is nowhere to hide. Not even the executive suite is safe from the changes sweeping business today. In fact, the impact of those changes is felt most keenly at the executive level. CEO’s, COO’s, CFO’s, and senior VP’s—like everyone else—have to hit the ground running and keep running fast. Stockholders and stakeholders demand fast results. Teams must work more efficiently under greater pressure. Leaders at all levels need to be developed, and high-potential and emerging leaders need to be identified and developed earlier and more effectively.

Keith Dambrot, says it this way, the worst thing you can do is make a gifted player over-think.  As Men’s Basketball Coach at The University of Akron and the first person to discover LeBron James on the elementary school playgrounds of Akron Oh, he should know. Great players play all on instinct versus thinking he claims. Sure, they have to learn the system and the plays. Then the challenge is to play by instinct when there is no time left on the clock.

What can modern business leaders learn from Einstein’s Annus Mirabilis papers, published in 1905? Plenty! At a minimum, CEOs can develop a way of thinking about an organization’s resources and potential for competitive advantage in the way that Einstein imagined a physical property’s mass and potential energy.

ceo magazine, succession planning
Paul Nourigat

An unprecedented wave of staff turnover will rock most industries for the next 15 years. The retirement of CEOs, their direct reports and many highly skilled positions will create an unprecedented vacuum of human capital. As the economy improves and productivity improvement tapers off, robotics and sourcing strategies will hit their ceiling and human reinvestment will be required to fill the gaps. Regardless the size or ownership structure of American companies, most simply aren't ready.

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