Summary
CEOs expect their organizations to be able to anticipate and be ready for changes in the marketplace, because market leadership cannot be achieved or maintained simply by reacting to changing circumstances. Attaining and retaining market leadership requires that companies anticipate any upcoming challenges or opportunities and take immediate pre-emptive action to either reduce the potential impact or leverage the opportunity. Around the globe, few HR departments manage this way. But if they did, they could prevent or mitigate many of the people management problems that now overwhelm them. The best way to accurately predict upcoming changes is to look at leading indicators. To get started, identify the key people management situations in which you could mitigate damage or prevent it altogether -- if you just had an early warning signal.
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Extract
A Step Ahead of Trouble
FEW THINGS are more important to senior leadership than anticipating and being ready for changes in the marketplace. CEOs call it "looking around corners" and they expect their organizations to be able to do it, because market leadershi...
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