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Affordable Housing Resource Center
Aug 29 2017

Responsiveness to Change

From my experience the topic covered in the below article is something that is on everyone’s agenda today, even though not always prioritized the way it should be.

Digital tools are introduced in the business environment affecting significant changes in the way we communicate, work and do business. This has given rise to new opportunities and challenges, and has triggered the Digital Transformation of enterprises.

Important elements for successful digitization are innovation, excellent change management and digital maturity.I have been involved in numerous transformations in my operative career as well in my role as Consultant and seen both successes and failures. Key factors, critical for success, have always been how we manage the change management process and how we prepare, educate and set up the organisation for the new situation. Questions you need to ask yourself and assess before you move in to a transformation process are: How adaptable is the organisation, and the people, to the new business model? Will the organisation adapt to the new reworked processes? And will this organisation live up to the future demand of continuous improvement?

If you want to discuss this text or related tasks please do not hesitate to contact me by phone, skype or mail. I am always curious to hear your opinion and understand more about the situation in your organisation.

Adaptability!

Charles Darwin once said "It is not the strongest of the species that survive, nor the most intelligent that survive. It is the ones that are most adaptable to change”.

History has proved this time and time again - n evolution, in civilization and also in the world of business. Berkshire Hathaway, controlled by Warren Buffett, has been able to survive multiple financial crises and is today one of the world’s largest companies whilst others like Eastman Kodak failed to anticipate how fast digital technology were going to change their business.

Google changes it product lines and algorithms multiple time per year. Successfully growing International Food and Coffee chains continuously manage to change their menus and flavours in response to consumer preferences and different global consumer tastes.

Every business will have problems, and the only way to overcome a problem is to change and try a different approach. On top of this add a rapidly changing modern world - digitization, globalization and increased competition.

Dealing with problems and change requires a key skill. Adaptability.

Yet adaptability is dying. In fact a survey carried out by PwC (1) actually found that 63% of CEO's worldwide are unable to recruit employees that can adapt to the requirements of their business.

But like many unwanted epidemics, the decline in adaptability is actually often something created by the hiring managers themselves.

The curse of specialization

We live in era of specialization. Nowadays there is a specialist for everything. Specialization is useful but like anything has its limits.

As hiring managers, we have become too focused on relevant experience. Finding "ideal fits", overlooking the fact that the real world is more blurred and sometimes common sense prevails. If our workers are too focused on one particular thing, they will begin to lack everyday essential skills and they certainly won't be able to deal with unexpected problems.

A fascinating article in Time Magazine called Nike Women’s WMNS Free Rn CMTR Running Shoes Black HF2azsZD
(2) during 2014 summarizes this perfectly. The study shows that too much specialization in American hospitals is resulting in more costly, mediocre and disorganized health care. One patient admitted for shortness of breath was seen by over fifteen specialists before being sent home without the issue being resolved.

Rather than trying to hire specialists for everything, we also need people who can adapt easily to solve problems.

The curse of industry experience

As hiring managers, we are obviously inclined to go with previous relevant experience. It's human nature to go with something that "seems" more certain.

But by hiring the same people from the same sector, we are hiring less adaptable employees. Those who do the same thing over and over again, eventually get used to doing nothing else.

As many studies have shown, hiring people from competitors has limited success. These candidates are much less likely to have worked in a new environment where they have learned to adapt quickly.

Like everything else, adaptability is something that gets better through practice.

When recruiting for adaptability, candidates who have demonstrated the ability to learn different things over and over again are better than those who have been working in a single sector.

Too much specialization is killing adaptability and many leaders don't value adaptability enough. Perhaps the biggest barrier to looking for more adaptable employees is the fact that most leaders are simply not aware of this.

Studies such as “Adaptability: The New Competitive Advantage” (3) produced by the Rieker Women’s X9764 Chelsea Boots Black Black Black/Schwarz/Blacksilver/Fumo 00 eBU1C
even mentioned that adaptability is the new competitive advantage in the workplace today.

Yet interviews are still focused mainly on experience, qualifications and past achievements. The 90's and 00's was the time of specialization - and we were interested in screening hard against very specific requirements.

The current and future circumstances are very different. Things are changing fast and will continue to - only those who can adapt quickly will consistently have an impact.

So, how do you screen for adaptability? How do you measure it? If you don't know, then you will simply ignore it and eventually get caught and passed by others who are more able to embrace new opportunities.

Conclusion

Employee adaptability is one of the most essential requirements in business today.

Leaders that recruit must make a conscious effort to ensure that all hires are not simply able to carry out the expected tasks today, but also are able to change quickly to grasp new opportunities, solve problems and react quickly to changing context and competition.

To rap up I chose the following interpretation (4) of what Darwin said “ This is so true for the rapidly changing business environment we encounter every day, and most certainly this speed of change will increase even more in the future.

So, remember you’ll have a better chance of survival if you recognise the genuine realities of your internal situation as well as the external changes. Is your organisation responsive to change?

Please contact us if you want to discuss how we can support and prepare your organisation to be more responsive and adaptable to change.

(1) Adapt to survive – How better alignment between talent and opportunity can drive economic growth. www.pwc.com/hrconsulting (2) One Patient, Too Many Doctors: The Terrible Expense of Overspecialization, Dr. Sandeep Jauhar Time Magazine, Aug. 19, 2014 (3) Adaptability: The New Competitive Advantage by Allhqfashion Womens Frosted Round Closed Toe Solid Mid Top High Heels Boots Black bvCiGiHEW
and Mike Deimler Harvard Business Review, the July 2011 Issue (4) Dr Leon C. Megginson at Louisiana State University in Baton Rouge, Louisiana, in 1963.

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OPINION

Paul Hoffman |
05 March 2018
Paul Hoffman says EWC is a threat not just to Section 25, but the "founding values" of the constitution

Nationalisation of land (aka expropriation without compensation) will be constitutionally difficult and economically disastrous.

The EFF is certainly pertinacious in its pursuit of its policies. In 2017 it found itself somewhat isolated in what it calls its campaign to secure land expropriation without compensation. This year, and following the adoption of a rather tentative ANC resolution on the topic at its December 2017 Nasrec conference, the EFF was able to get the National Assembly to refer the issue and its desired amendment of the provisions of Section 25 of the Bill of Rights, the property clause, to the Constitutional Review Committee for consideration. Roughly two thirds of the members present voted for the motion after it was amended at the instance of the ANC. The DA, Cope, FF+ and the ACDP voted against the motion. The actual votes cast were 241 for and 83 against the motion.

Julius Malema, Commander in Chief of the EFF explained the EFF’s rationale for the move:

" Every land in South Africa should be expropriated without compensation and it will be under the state. The state should be the custodian of the land,"

The EFF’s idea is to transfer all land in SA to the state for the benefit of “our people”, whoever they may be. Private ownership of land would accordingly abruptly end upon the implementation of this form of expropriation. This policy is usually called nationalisation, but in the world of smoke and mirrors that is called “politics”, seizing upon expropriation without compensation as the name of the project is preferred, presumably because expropriation on a just and equitable basis – which notionally may or may not include the payment of compensation – is referred to and regulated Section 25.

The Constitutional Review Committee is enjoined to look into amending Section 25 and any other provisions of the Constitution that may be implicated in the scheme to end private ownership of land and to transfer it all to the state without paying the owners of the land a cent. This new regime would apply to all land not already in the hands of the state, including the vast tracts of KZN which are held by the Ingonyama Trust.

It is prudent to draw the attention of the Committee to a provision of the Constitution that is implicated in the move as it has to prepare a report back and conduct a public participation process before the end of August 2018.

Section 74(1) of the Constitution is not often referred to in the daily lives of South Africans. In essence, it provides that the foundational values of the new order cannot be amended unless the proposed amendment enjoys the support of 75% of the National Assembly and six of the provinces in the National Council of Provinces.

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May 9, 2018
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In this article, we’ll examine the features that you should consider when choosing an enterprise AI system. We’ll break down what each feature delivers, and the ramifications of choosing a platform that doesn’t have it. Keep in mind: Every business has different needs, different intended use cases, and different budgets, so it’s important to make purchase decisions based on your pre-defined requirements.

Choose these features for the best AI system experience

Empathetic Response — When customers come to your website to resolve issues, they want to be greeted by an AI system that is able to comprehend the tone of their communications. Whether customers are panicking because of possible identity theft, or happy because they may have just won an online sweepstakes, your AI system has to greet them in manner that indicates emotional intelligence. In fact, this feature is emerging as one of the more important differentiators between AI tools and platforms in the market, as one of the primary goals with AI is to mimic human behavior as much as possible – including delivering emotional responses – to free up actual humans for other work.

Customers that don’t feel as if an AI system comprehends the emotion behind their statements will ask to be transferred to human agents. This scenario is a waste of time for you, your customer, and your employees. If you test a solution that offers bland, middle-of-the-road responses to emotional statements and questions, you’ll likely want to look elsewhere.

Intelligent Understanding — If your intention is to implement an AI system that communicates with customers and employees, you’ll want something that responds, understands, and even jokes the way humans do. Customers become frustrated with AI systems when they feel as if their requests aren’t being understood, or if the AI system isn’t responding in intelligible words and phrases.

Look for an AI system that not only communicates in natural language and understands it, but one that can recall past experiences and reference those experiences in natural-sounding phrases. Humans speak using short phrases, exclamations and euphemisms — you want an AI platform that can recognize them. You’ll also want to make sure your AI system is able to process information and ask for clarification if and when it doesn’t feel it has fully understood what’s being asked.

Context and Channel Switching — Although many customer interactions may occur in one setting, many conversations take place across multiple devices, on multiple channels, and at different time periods. It’s crucial that you find an AI system that can remember past conversations and bring those past interactions with them wherever conversations may occur. So, if Jane talks to your AI system on an iPhone on Monday, but she logs on with her desktop on Tuesday, your AI system needs to know who Jane is, what Jane wanted, and how the system can help. If Jane is forced to verify her identity and restate her issue during that second interaction, Jane’s frustration level goes up.

Additionally, your AI system must be able to switch from topic to topic without getting confused. Customers don’t understand that ordinary, entry-level chatbots can only receive and handle requests in linear format. So a customer may jump back and forth from topic to topic and confuse a chatbot.

Conversely, cognitive AI systems are able to receive information in any order or in the middle of handling a service issue, and triage the information by handling the most pressing concerns first, and coming back to less pressing items later. If a customer calls to reset their password, but in the middle of the conversation realizes that their credit card is being used by a thief, a cognitive AI system will interrupt the password reset, solve the credit card fraud issue, and then finish the password reset. A basic chatbot will be forced to finish the password reset before jumping into the credit card theft issue – assuming that chatbot has been programmed to do so. It’s possible the chatbot would need to elevate the issue to a human agent in order for anything to be done.

The Best AI System? Amelia

There is only one digital colleague on the market that offers all of these features with expert-level accuracy and emotional intelligence. That’s Amelia.

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To know more, please join us at the Digital Workforce Summit on June 7, 2018. Complimentary registration here!

There is only one digital colleague on the market that offers all of these features with expert-level accuracy and emotional intelligence. That’s Amelia.

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