'Culture is how people behave when no-one is watching’. That was the definition used by Bob Diamond, the Chief Executive of Barclays Bank. Under his tenure, Barclays’ employees were found to be rigging the LIBOR rate for which the bank was fined £290mn. I doubt Bob knew that this was going on but he has to take some responsibility for creating a culture which allowed this to happen. It is an example of how the ‘win at all costs’ mentality can have disastrous consequences.
Digital transformation may sound easy, but it’s not. Especially when, there are so many different understandings of this buzzword around the world.
Of course, it’s a journey which will change with the technologies you adopt and bring into the people, processes, and culture associated with your company. Before understanding this buzzword, it is important to know what a Digital Transformation is not.
Many organisations misunderstand digital transformation.
While two weeks ago, I said 2017 will remain etched in memory for the #MeToo campaign and #GoogleforJobs, there were quite a few topics (not all new) that captured the imagination of folks in HR. It may not have been the banner year for HR innovation, but there was plenty in news to keep us going. Here is a roundup of 12 topics from the last 12 months that had HR professionals (and others) around the globe sit up & take notice.
As someone who helped to produce and parent the Millennial generation I probably shouldn’t be surprised by their list of clear-cut “wants” from their careers, and yet I can’t help sometimes feeling that the list is a bit excessive. We were never so finicky!
Let’s remind ourselves what we know about this generation that by 2020 will represent 40% of the working population:
#OregonTrailGeneration #CompanyCulture #People #Talent #ServantLeadership
People simply trust other people
This excellent November piece from McKinsey on cyber security deserves a comment (“A Framework for Improving Cybersecurity discussions within Organizations” – Jason Choi / Harrison Lung / James Kaplan).
Cutting corners is nothing new, yet many companies continue to try and save money at any cost, without really considering the risk.
Security is not about “enabling” the business but “protecting” it
At the end of a keynote speech I gave at the excellent CIOWaterCooler LIVE! Event in London on 28th September 2017 on security organisation, governance and creating the dynamics for change around cyber security, I was asked a challenging question on which I would like to elaborate: