Human resource management plays a key role for the sustained success of a company. While this has always been true, the relative importance of HR in today’s business environment of fast change and high complexity and uncertainty has even further increased. At the same time, the challenges for HR have changed, as two recent studies … Read more
Artificial Intelligence (AI) has been around for a long time. The term was coined in 1955 by John McCarthy. The concept goes back to the early days of computing when British computer pioneer Alan Turing hypothesized about intelligent machines in his seminal paper on “Computing Machinery and Intelligence” (1950). Progress of AI has been slower … Read more
The prevalent pressure for good quarterly results has led to the dominance of executives with a short- to mid-term focus. This applies particularly to large corporations. Truly strategic leaders have become rare these days. However, in the current times of uncertainty and rapid change, strategic leaders are needed more than ever. What are the distinguishing … Read more
Chess offers useful insights for business. On occasion of the current World Chess Championship 2014, I will highlight in a series of articles different business lessons to be learned from the game of kings. In part four, I explain why paying attention to details pays off in chess and business. Top chess players can focus … Read more
Chess offers useful insights for business. On occasion of the current World Chess Championship 2014, I will highlight in a series of articles different business lessons to be learned from the game of kings. In part three, I explore the role of preparation for success. Already three centuries ago, a famous American chess player knew … Read more
Chess offers useful insights for business. On occasion of the current World Chess Championship 2014, I will highlight in a series of articles different business lessons to be learned from the game of kings. In part one, I will focus on the importance of resilience for success in chess and business. On 8 November 2014, … Read more
In August 2014, German publisher GABAL released volume 5 of the GSA Top Speakers Edition: “Die besten Ideen für erfolgreiche Führung” (The best ideas for successful leadership). For this anthology by the German Speakers Association (GSA), editor Lothar Seiwert, Germany’s leading time management expert and founder of the GSA Top Speakers Edition, had assembled 24 … Read more
Business leaders need a broad skillset in order to be successful. This includes a wide range of social and intellectual capabilites. However, the one competence that distinguishes sustainably successful leaders is their ability to think strategically. This is the key results of a study by Management Research Group, conducted in 2013 among 60,000 managers in … Read more
The game of chess is a model for strategic thinking and decision making under highly competitive conditions. Understanding how the world´s top chess players achieve success can give executives valuable insights on how to improve their own strategic thinking and decision making. What executives can learn from Anand versus Carlsen The World Chess Championship in … Read more
My name is Milon Gupta, and I am the author of the Strategic Thinking Blog. The current financial crisis in Europe is for me another proof that decision-makers on all levels in politics an business need to expand their strategic thinking skills. The issues at hand have reached a level of complexity which cannot be … Read more