Expert Panel: 20 key habits highly productive managers swear by

Shayne Fitz-Coy contributed to Fast Company’s expert panel, “20 things biz leaders wish they had done differently from the start.” PLAN THE EXIT BEFORE BUILDING THE BUSINESS. If I could start my business from scratch today, I’d build the exit before the entrance. Instead of obsessing over product-market fit and the competitive landscape, I’d first…

Shayne Fitz-Coy contributed to Forbes’s expert panel, “How To Maintain Company Culture Amid A Generational Shift.” Plan For Regular Cultural Rebirths Plan for your company culture to die and be reborn every few years. Instead of preserving outdated traditions, empower younger employees to remove values and practices that no longer serve the company and its…

Shayne Fitz-Coy contributed to Forbes’s expert panel, “19 Ways To Measure The ROI Of Your AI Initiatives.” Track The Gap between Hypothesis And Results Keep it as simple as a fourth-grade science fair. Instead of vague “innovation” metrics, measure AI ROI by tracking the gap between hypothesis and results. Before implementation, document your expected outcomes…

Shayne Fitz-Coy contributed to Fast Company’s expert panel, “15 potential pitfalls to eliminate from the innovation process.” BUILDING AN ‘INNOVATION TEAM’ Don’t treat innovation like a department; make it a habit. I’ve watched companies build “innovation teams” that become expensive idea museums. At my company, we scrapped our innovation group and instead embedded “possibility sessions”…

Shayne Fitz-Coy contributed to Fast Company’s expert panel, “20 strategies to address today’s complex business challenges.” CREATE A PROBLEM BOARD. Kill the suggestion box and build a “problem board” instead. At our company, we don’t reward answers, we reward people for spotting unknowns and naming problems publicly. The biggest creativity killer isn’t a lack of…

Shayne Fitz-Coy contributed to Fast Company’s expert panel, “How can company leaders navigate global conflicts?.” TAKE ADVANTAGE OF THE TURMOIL. Big changes make most companies panic, but smart leaders see opportunity in turmoil. If you’re not a top global leader, instability is your advantage. When rules are unclear, move first to shape them. When competitors…