Friday, July 26, 2019

3 ways to change company culture to support digital transformation


3 ways to change company culture to support digital transformation

 Poor organizational culture plays a large part in failed digital transformation initiatives. If you are planning to embark on a digital transformation journey, it’s important to examine the current state of your organization’s culture to ensure it is strong enough to support digital initiatives.
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 To help move things along, here are three ways to help drive cultural change — none of which involve demanding your organization to change.
- Recognize what’s working: Acknowledging the importance of your existing culture and its strengths will make any change feel less like a top-down directive and more like a necessary evolution.
- Create connectedness to the culture: It’s important to put the right people in place to drive change. It’s easy to default to including only visionary and inspiring people in your leadership group, but remember you also need leaders who understand the technologies and strategies that are currently in place.
- Communicate the benefits of change: When it comes to communicating the benefits of change, don’t forget to demonstrate the idea in action. You can do this by approving projects that highlight digital transformation, innovation and agility. Source: CMSWire, 3 ways to change company culture to support digital transformation


Mckinsey leading your organization to responsible AI 

WHO redefines burnout as a syndrome linked to chronic stress at work
 The World Health Organization (WHO) is bringing attention to the problem of work-related stress. The group announced this week that it is updating its definition of burnout in the new version of its handbook of diseases. The new definition calls it a "syndrome" and specifically ties burnout to "chronic workplace stress that has not been successfully managed”.
 According to the WHO, burnout is characterized by "feelings of energy depletion or exhaustion; increased mental distance from one's job, or feelings of negativism or cynicism related to one's job; and reduced professional efficacy”.
 Employers have a big role in addressing burnout by paying attention to whether employees have a sense of community at work, strong social relationships, a collegial environment, a workload that's not too burdensome, a sense of agency at work, and a healthy work-life balance. 

Source: National Public Radio, WHO redefines burnout as a “syndrome” linked to chronic stress at work



International Tax Review is one of the most respected tax journals in the world. Most of its articles are behind a very expensive paywall. This week they put up an article on the Fair Tax Mark, which they have deliberately left open for all to read. I recommend it. This is the conclusion:
 “The BEPS project may have rewritten the rules of tax, but the Fair Tax Mark aims to shape corporate behaviour within those rules. ..”

I also admit I like naughty and disruptive thinking. This, in the Observer, is an excellent example especially in the context of recent coverage of privacy breaches and in the light of large fines this week (Brish Airways, Best Exotic MeriGold aka Marriot, Hotel, Facebook $5B and Equifax $1B) for data mishandling, is this a chance of this?
via John Naughton

A Snippet from Richard Murphy’s forum
NeilL says:
Hope you enjoy your break, assume once you’ve seen that Jon Thompson is standing down as Chief Exec of HMRC, and more importantly, where he’s going, we can expect, a comment.
https://www.gov.uk/government/news/sir-jonathan-thompson-to-step-down-as-hmrc-chief-executive-in-the-autumn?fbclid=IwAR0sc94QNQjd5hnie5SihO91QFBP9ygSPsU5QdWZn1pBKEFbF-7i9HfD-qM
Let me as generous as I can be: he’s not straight from the Big 4
I think that’s it…

By Chris Vedelago, Sumeyya Ilanbey and Cameron Houston
The man linked to the toxic West Footscray warehouse that erupted in flames last year has illegally buried 50 million litres of chemical waste on farmland in western Victoria, threatening the water supply for the Wimmera district.
The stockpile is buried on land owned by Graham Leslie White, who is currently in prison for serious firearms offences and has been linked to at least nine other chemical dump sites uncovered in warehouses in Melbourne’s north.

MARTIN PARKINSON: Not let go as Treasury Secretary in 2013 despite then-new PM Tony Abbott telling him his services weren’t needed.