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Showing posts from March, 2024

Future-Proofing Capabilities: Harnessing AI for Organisational Agility

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The pandemic escalated the need to build organisational capability for risk management, stakeholder engagement, and enhancement of capabilities. It was essential to improve performance, engage employees, and increase technology use to maintain competitiveness in the rapidly changing business landscape.  Artificial Intelligence (AI) emerged as a solution, offering many tools to overcome these challenges. It has become a crucial element in the modern workplace, revolutionising how things are done - from improving decision-making processes to automating repetitive tasks.  How are AI future-proofing capabilities? There are different ways in which AI is helping individuals in the workplace. Some typical applications of AI are discussed below.  Automation AI can be leveraged to automate a variety of repetitive and mundane business tasks. This can free up the employees’ time, allowing them to focus on more valuable work and improve overall productivity. For instance, AI-enabled...

Organisational Competencies: Values That Drive Success

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  Organisational competencies refer to an organisation’s collective capabilities to adapt to changes, compete in the market, and deliver value. Broadly, these competencies are of two types - core competencies and distinctive competencies. Core competencies include the fundamental strengths an organisation possesses. They are deeply ingrained and build the foundation upon which an organisation develops its products, services, and reputation. Distinctive competencies, on the other hand, are the unique strengths and attributes that make an organisation stand out against its competition. How do organisational competencies drive success?  Organisational competencies are pivotal in determining a company’s ability to thrive amidst the competitive business landscape. They contribute to the different elements of an organisation and benefit in the following ways: 1.Employee engagement:  Organisations that provide growth opportunities and encourage employee skill development showcas...

Leveraging Emotional Intelligence for Effective Leadership

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  Isn’t it easy to remember the name of the person who helped you become the best version of yourself? But it’s probably easier to remember people who brought out the worst in you.  Whether you’re at home or work, your emotions are at play in every situation. They influence how you react to difficulties and opportunities. They prompt your desire to resolve conflict and collaborate. They also determine if you’ll forgive yourself and others.  Emotions play a crucial role in how much effort you put in, how you behave, your psychological health, and your moods. Thus, emotional intelligence has a close relationship with leadership effectiveness.  Understanding Emotional Intelligence In 1990, the term ‘emotional intelligence’ was coined by researchers John Mayer and Peter Salovey. It comprises four key components: self-awareness, self-regulation, social awareness, and relationship management.  Self-awareness focuses on understanding your emotions and their influenc...