Page 121 - Harvard Business Review, Sep/Oct 2018
P. 121

INTERACTION


                                                           is very helpful. I suspect most of   of something big, but at the end of
                                                           us codify entries in digital calendar   the day if they do not feel recognized
                                                           applications; wouldn’t it be great   for their hard work and effort,
                                                           if those applications could give us   greater company purpose will be
                                                           similar data for every week, month,   irrelevant.
                                                           and year?                    Anastasiia Harkusha-Ibrakhim,
                                                           Peter Lees, chief executive and medical   market research specialist,
                                                           director, Faculty of Medical Leadership   HR research, Unleash
                                                           and Management
                                                                                        Very inspiring, energizing, and
                                                                                        actionable! After reading this,
                                                                                        I noticed I was connecting with
                                                                                        my colleagues at a deeper level,
                                                           CREATING A PURPOSE-          with more energy and enthusiasm.
                                                           DRIVEN ORGANIZATION          And ideas for applying this at my
                                                                                        organization keep popping up!
                       THE LEADER’S                        HBR ARTICLE BY ROBERT E. QUINN AND    These concepts and methods are
                                                           ANJAN V. THAKOR, JULY–AUGUST
                                                                                        so empowering.
                       CALENDAR                            When employees               David Fessell, professor of radiology,
                                                                                        University of Michigan
                                                           are disengaged and
                                                           underperforming, the reaction
                                                           of many managers is to try
                       HBR ARTICLE BY MICHAEL E. PORTER AND    new incentives and ratchet
                       NITIN NOHRIA, JULY–AUGUST           up oversight and control.    COLLABORATIVE
                       Chief executives have tremendous    Yet often nothing improves.   INTELLIGENCE: HUMANS AND
                                                           But there is another way,
                       resources at their disposal, but they                            AI ARE JOINING FORCES
                       face an acute scarcity in one critical   say Quinn and Thakor: Rally
                                                           the organization behind an
                       area: time. Drawing on an in-depth
                       12-year study, this Spotlight package   authentic higher purpose—  HBR ARTICLE BY H. JAMES WILSON AND
                                                           an aspirational mission that
                       examines the unique time-management                              PAUL R. DAUGHERTY, JULY–AUGUST
                       challenges of CEOs and the best     explains how employees are   Artificial intelligence is
                                                           making a difference and gives
                       strategies for conquering them.                                  transforming every economic
                                                           them a sense of meaning. If
                       I run a small company with just 55 employees,   you do that, your people will   sector, but there’s no reason
                                                                                        to fear that robots will replace
                       but we do business globally in a very   try new things, move into deep   all human employees. In fact,
                       competitive space. Although this article    learning, and make surprising   companies that automate
                       is about CEOs of big companies, it also    contributions. The workforce   operations mainly to cut head
                       applies to CEOs of small companies like    will become energized and   count will see only short-
                       mine. The authors’ findings are very relevant   committed, and performance   term productivity gains, say
                       and the CEOs’ experiences are surprisingly   will climb.         Wilson and Daugherty. Their
                       similar to my own. I’m glad to see that many   Instilling a purpose isn’t easy. Many   research, involving 1,500 firms
                       leaders face the same challenges and think                       in a range of industries, shows
                       they can draw on the same strategies.   companies fail because they don’t   that the biggest performance
                                                           successfully connect their purpose
                       John Sorensen, owner, Couples Resort
                                                           with employees’ day-to-day tasks   improvements come when
        INTERACT WITH US  These findings are interesting but aren’t   and activities. People like to be part   humans and smart machines
        The best way to   enough for the average reader to make                         work together, enhancing each
        comment on any   practical behavioral changes. I imagine time-                  other’s strengths.
        article is on
        HBR.ORG. You can   use averages mean little once common factors     “The arrival of    I’m most interested in how people
        also reach us via    such as industry, geography, and culture are               make decisions at work. Decision
        E-MAIL hbr_    taken into consideration.           AI raises the
        letters@hbr.org    Francis Wade, president, 2Time Labs and   question: How much   making is not a strictly rational
        FACEBOOK       Framework Consulting                                             process. The decision itself is a
        facebook.com/                                      individuality or             subjective act, a personal judgment
        HBR            The subdivisions of time illustrated in this                     based on analysis of what is
        TWITTER twitter.  article will be familiar to most readers,   humanity is required   important. Artificial intelligence
        com/HarvardBiz  but to see them quantified is really useful.                    will provide us with far better
        Correspondence                                     in jobs right now?”
        may be edited for   Similarly, the discussion of the relative merits            analyses and knowledge, improving
        space and style.  of each activity, and where to reclaim time,   —GARY E. RICCIO  our judgment and helping us make



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