Strategy

Recent multi-year research programs at Harvard and Google are calling into question everything we thought we knew about team dynamics. It turns out, counterintuitively, that traditionally structured teams focused singularly on error-free task completion are not particularly high-performing.
New empirical evidence suggests that the teams who are most successful have an important difference – they are open to admitting mistakes and discussing them with one another. These teams display a unique openness to and culture of constant learning and improvement.

For Australian CEOs facing the challenge of juggling urgent operational needs with strategic imperatives, there is limited opportunity to devote headspace to contemplating the ramifications of Artificial Intelligence on their organization. Not only is the pace of AI development incredibly fast-moving, but the concept of AI is extremely diverse, covering everything from analytics to automation, machine learning to natural language processing. Moreover, the AI sector does a great job of keeping out non-technical people – complex mathematical and programming-based concepts mean that even the most determined business leader can quickly be dissuaded from wading into the technical swamp of AI.