C-Suite Intelligence 27th October 2020

Winmark's C-Suite Intelligence service provides news, content and research to help leaders across all C-Suite functions overcome the significant challenges they are currently facing

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TOP INSIGHT



Get your company in shape by redefining how people work

Strategy+Business

Given the all-encompassing nature of today’s challenges, executives need speed-to-market and value — and they need to achieve them in weeks or months, not quarters or years. To get there, they should pursue the best ideas faster. That’s not the job of one department, or a single executive.

Enter BXT, a new way of working, through which business, experience, and technology blend seamlessly to deliver results. BXT redefines how people engage with one another and with clients, allowing them to focus on better outcomes.

As you practice BXT and learn to work in ways that may feel foreign at first, the approach will become second nature. You’ll find you’re not as reactive or panicked as you used to be. You’ll be feeling strong and confident, and ready for your next challenge.

 

​​​​FURTHER INSIGHTS


Putting responsible AI into practice

MIT Sloan Management Review

As awareness grows regarding the risks associated with deploying AI systems that violate legal, ethical, or cultural norms, building responsible AI and machine learning technology has become a paramount concern in organisations across all sectors. Individuals tasked with leading responsible-AI efforts are shifting their focus from establishing high-level principles and guidance to managing the system-level change that is necessary to make responsible AI a reality.

In bringing their principles to practice, companies can take a few key steps.

First, they must create organisational transparency and diffuse accountability. Second, coordinate the drivers for change inside and outside of the organisation. Finally, expand the notion of measurable value to evolve from a short-term to longer-term mindset while also appreciating the importance of the immeasurable.

 

What healthcare can teach other industries about preventing burnout

Harvard Business Review

The current moment has made addressing employee distress more important than ever. The Covid-19 pandemic has brought with it a parallel pandemic of social isolation and deteriorating mental health. With work becoming home-based and digitised, we have seen an obliteration of boundaries, an expectation of endless and immediate accessibility, and the disappearance of break time. Indeed, we all now find ourselves literally living at work. At the same time, many high-profile workplace interventions such as nap rooms and on-demand availability of healthy snacks have lost their utility.

Although addressing workforce wellbeing is a complex task, several concrete steps can help set an organisation on the right path, such as:
  • Developing an infrastructure
  • Creating an organisational framework
  • Measuring wellbeing

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