The World's Best Book Summaries
Do you want to find out how to build a company culture? What do you need to know about building a company culture successfully? A company culture is a mix of values, behaviors, processes, and priorities within a company. Building a company culture successfully can have huge benefits for a business. Learn more about building a company culture with a few practical steps.
Did you know that your healthcare data privacy is compromised by big business? What factors propel the selling of patient data, and what factors counteract it? In Our Bodies, Our Data, Adam Tanner dives deep into the topic of healthcare data privacy. He identifies the forces for and against the selling of medical data and provides insight into what drives this big business. He also shares some aspects of the healthcare industry that frame their strategy. Read more to learn about important factors that impact healthcare data privacy.
What makes a good team leader? What qualities would you ascribe to a truly great leader? What are push tools and pull tools? Leading your team is so much more than just assigning tasks and monitoring progress. That is, of course, necessary, but not sufficient to achieve your goals. It’s also important to make sure all team members are on the same page about where the company is going and are motivated to push through. There are two types of tools you can use to lead effectively: push tools and pull tools.
What is marginal thinking? What are some examples of marginal thinking? Does marginal thinking always work? Marginal thinking is where you weigh up the costs and benefits of adding something new. You then decide whether it’s ultimately worth doing. Marginal thinking can be used in many aspects of your life, but it’s commonly used in business to decide if a new venture is worth investing in. Unfortunately, this type of decision-making isn’t always ideal. Read on to find examples of marginal thinking that didn’t work out.
What are the five stages of business evolution? What are the implications of an organization’s evolution stage for its leadership? There are several frameworks of business evolution phases. One of the most popular models is the STARS model. STARS is an acronym that stands for 1) start-up, 2) turnaround, 3) accelerated growth, 4) realignment and 5) sustaining success. This article takes a look a the characteristic features of each of the five stages and how to apply them in your leadership.
Did you know that the selling of healthcare data is big business? Where does the information come from, and how is it used? There’s a market for healthcare data. In Our Bodies, Our Data, Adam Tanner provides a fairly comprehensive list of who is selling the information. He also shares a surprisingly (perhaps disturbingly) long list of how different types of firms use medical data for their own purposes. Read more to learn the sources and uses of healthcare data—as well as the key players in the industry.
Are all the members of your team performing up to standard? How often do you assess your team’s performance? Your leadership team can either set you up for a virtuous cycle that informs your long-term successes, or for a vicious cycle that leaves you isolated and without needed support. Therefore, it is critical that you have a robust and comprehensive team evaluation process to make sure everyone on the team is keeping up to the standard. In this article, we’ll take a look at how to design and execute an effective team evaluation process.
What are company capabilities? How can you use capabilities in business? How do you know when to outsource? Company capabilities are the resources, processes, and priorities of a business. This article looks at specific examples of capabilities, whether you should outsource, and some real-life examples of capabilities in businesses. Find out more about company capabilities.
What’s the importance of patience in business? How does patience help you acquire good capital? Clayton Christensen argues in his good money/bad money theory that a company is more likely to be successful if it waits patiently for long-term growth. On the other hand, a lack of patience can lead to the failure of a business. You can use Christensen’s good money/bad money theory to improve your business strategy. Learn about the importance of patience in business.
Are you stepping into a new leadership role? What is the first thing you should do once your tenure is underway? What is the STARS approach? Transitioning into a new leadership role—whether it’s a promotion within the same company or a totally new, unfamiliar territory—can be nerve-wracking. One way to make the process easier is to use the STARS approach to define success. Here are some tips on how to integrate into a new leadership position and ensure success through your tenure.