In 1983, Harley Davidson flirted with extinction. Hard to believe? We know. In fact, the gravity of that statement is only truly understood twenty-five years from the ‘80s – a point in present time, where the company reigns as a top-50 global brand valued at $7.8 billion. What turned it around, adding to the subsequent success, was Harley’s commitment to building a strong brand community.
There are slim chances of setting up a company that is the best at what it does in the world. Compare it to the slimmer opportunities about half a decade ago. And that, right there, is the Prestige that has caught HR tech in a whirlwind!
The concept of learning and development in organizations took on, some time in the 1990s, stimulated by Peter M. Senge’s The Fifth Discipline and countless other publications. The biggest challenge that organizations face today is how learning can be used in knowledge assimilation, that can lead to the fostering of innovation faster than competitors.
Filmmaker, and comedian Woody Allen once said: “Eighty percent of success is showing up.” That may have been true 20 years ago, but today, no longer is the mere existence of a stellar team enough to make a business run a well-oiled machinery
When it comes to hiring, Steve Jobs once said it best “I noticed that the dynamic range between what an average person could accomplish and what the best person could accomplish was 50 or 100 to 1. Given that, you’re well advised to go after the cream of the cream…A small team of A+ players can run circles around a giant team of B and C players.”