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Navigating Business Transformation in a HyperdigitalEra

Given the rate of change we’re currently experiencing in the world around, it’s a challenge for any organization to stay on top of everything. In this month’s I by IMD Book Club, Faisal Hoque, author of Wall Street Journal bestseller REINVENT, shows how to navigate business transformation and flourish in the hyperdigital era.
Full Article/Interview @ I by IMD.

What is the concept of creative destruction?

Faisal Hoque talks about the creation of the concept of creative destruction which was coined in the 1940’s. He discusses how the concept didn’t really catch on them but that it is applicable in today’s world where we often need to creatively destruct to move forward. He provides the example of GE which had to destruct or reinvent themselves to stay afloat as an organization.

What is the best way to stay ahead of your competitors?

Faisal Hoque provides his recommendations for staying ahead of the competition as an entrepreneur or a business leader. According to Hoque, you need to look at what happened in the past, what is happening now and what is likely to happen in the future and then connect the dots. He discusses the importance of being aware of what is going on outside one’s organization including keeping an eye on one’s competitors.

What are the ways for leaders & entrepreneurs to get in touch with their authentic self?

Faisal Hoque talks about the need for leaders and entrepreneurs to have a deep understanding of themselves including who you are at the core of your being. According to Hoque, without authenticity, you cannot see where you want to go or influence others as a leader.

What is the concept of being skillfully ignorant?

Faisal Hoque defines the term skillfully ignorant and explains how this interferes with one’s ability to be present and open to new ideas. He talks about how it is essential to put down your biases and make a conscious effort to get out of your comfort zone to learn and embrace change.

Smart Way to Productive

It often seems that there's never enough time in the day to get things done. And most of us rely on our smartphones because we think it's making us more efficient. Founder of SHADOKA and author Faisal Hoque says that smart phones actually can make you less productive. He joined us with ways to get your duties done.

REINVENT: Navigating Business Transformation in a Hyperdigital Era

With his groundbreaking book titled “REINVENT: Navigating Business Transformation in a Hyperdigital Era,’ Hoque triggers a seismic shift in conventional thinking and operational paradigms. The accolades heaped upon ‘REINVENT’ are a testament to its impact – recently crowned the Best Business Book of the Year for 20-23 at the prestigious American Business Awards and claiming the coveted top spot on the Wall Street Journal Best-Seller List.

Creative Omnivore

Experiences are the fuel of creativity. Curiosity is the thirst for new experiences. Even the brilliant Albert Einstein understood that passionate curiosity opens the door to creative ideas. One way to develop the discipline of curiosity is to become more deliberate about training yourself to directly participate in your experiences – otherwise known as living more mindfully.

Your Job Is Literally ‘Killing’ You

Your Job Is Literally ‘Killing’ You - A new study by researchers at Harvard and Stanford has quantified just how much a stressful workplace may be shaving off of Americans' life spans. It suggests that the amount of life lost to stress varies significantly for people of different races, educational levels and genders, and ranges up to nearly three years of life lost for some groups. Faisal Hoque, founder of Shadoka and author of “Survive to Thrive,” shares his tips on how to stay calm in the face of daily stress.

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