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The company having the original PC technology back in the 70s was Xerox. This was a time when their photocopiers were a worldwide hit, and even their brand name ‘Xerox’ was used as a verb. They had a research centre to develop new technologies, where they invented the PC (similar to what we see even today) and a graphical word processor. But even after inventing futuristic products, which were inspirations for what Steve Jobs and Bill Gates did for the computing industry, Xerox failed to capitalize or commercialize them.
Past success and entrenched expertise prevented the pioneers of great technology to deal with a changing, uncertain and fast-moving market. Xerox forgot to grow, evolve, stay nimble and keep an eye out for the changing market dynamics.
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Successful organizations start having rigid corporate cultures, which crumble when the outside world evolves, which is always inevitable.
The rules and assumptions that companies operate on, become embedded, making the employees blinded from any potential future innovations.
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... is a reluctance to give up on the past spendings and investments made on projects or products that are no longer providing any return.
The managers are usually unable to make strong decisions and keep adding costs to failed (or about to fail) projects.
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Millennials expect to be developed via opportunities, mentoring, and stretch assignments. However that is hard to come by in top-heavy companies.
Most millennials think their roles provide little development while most companies report they have excellent or adequate programs for Millennials.
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Many people fall into the competency trap, which is the assumption that their established principles and mental models, that have served them all these years, will be sufficient in...
It’s hard to figure out for managers what kind of people make the best, most productive remote employees.
Optimism is the quality to look for, while the trait to avoid is people-pleasin...
Self-motivation is a great quality for remote workers, as they are at home, only accessible through email or through video conferencing to the manager.
High levels of enthusiasm, a positive approach and choice of words provide clues to the manager if someone has an optimistic frame of mind.
If a manager is getting to hear only what is pleasant to hear, at all times, it can be a cause for concern. Remote employees must be willing to say things that aren’t going right, and most of the time, there are many such things. If they can disagree with you, it’s a good sign.
Also, if an employee is going out of the way to be liked by colleagues, and wastes a lot of time and mental energy on it, he/she is probably a people pleaser.