Industry shifting? 18 leaders share their challenges and solutions

Shayne Fitz-Coy contributed to Forbes’s expert panel, “20 Steps To Level Up Your Team’s AI Abilities.” Invite Your Team To Purposefully Break AI Have your teams write bad prompts to generate poor AI outputs. This deepens AI literacy by exposing its failures and assumptions. Deliberately vague or contradictory prompts reveal the strengths and weaknesses of…

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, “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…

Shayne Fitz-Coy contributed to Forbes’s expert panel, “20 Ways Leaders Can Get Their Team To Focus On Long-Term Results.” Focus On Building Toward Something Meaningful Short-term wins are tempting, but if you’re not building toward something bigger and more meaningful, you’re just busy. I learned this after the acquisition of a portfolio company that smashed…

Shayne Fitz-Coy contributed to Fast Company’s expert panel, “19 leadership principles to strengthen lasting client relationships.” NOT FEARING THE HARD TRUTHS Tell uncomfortable truths. When a client wanted a project 30% faster, my team wanted to say “yes” while knowing we couldn’t do it. Instead, I said, “We can’t do that, and here’s why.” There…

Shayne Fitz-Coy contributed to Fast Company’s expert panel, “Here’s what executive coaching taught 15 business leaders.” HOW TO EMPOWER OTHERS. I’ve had an executive coach since 2008. It was an investment in the housing bubble that I wanted to make in myself. Executive coaching has helped me lead less and empower more. Leadership advice often…