If you revert to what was successful in the past, you may not be as effective as if instead you created a fuzzy vision of the future and practiced "active waiting" -- which is defined as "anticipating and preparing for opportunities and threats that executives can neither fully predict nor control."
Growing economic uncertainty means how you deal with cost management now may change in the near future. Deloitte suggests you focus on strategic, structural improvement. One piece of advice: Get a C-level exec to implement any initiative you choose to pursue.
General Motors is putting its money where it's mouth is as it strives to green its operations and products. Intent on introducing a new electric car, GM is working in Russia to create an alternative infrastructure for low-emission cars. And it's about to build the largest rooftop solar power station in the world at its car manufacturing plant in Zaragoza, Spain.
A multicultural team can produce new solutions in complex environments, but such a team also brings some risks. These Kellogg School researchers have a newer model -- where co-existence and participation are fused to make them even more effective.
Gen. Norton Schwartz has a $10 billion budget, is the commander of the U.S. Transportation Command and may be the next chief of staff of the Air Force. Schwartz is in charge of the equivalent of a multinational corporation and has enjoyed quiet success as his base has seen a growth spurt after the last round of base closings in 2005.