Why Does a Company Exist? Purposeful Leadership & the Principles of ESG
The greatest risk facing companies today is a dearth of purposeful, ethical, and impactful leadership. To thrive in a Volatile, Uncertain, Changing and Ambiguous (VUCA) AI-driven World, corporate boards and the c-suite need to successfully develop and sustain a purposeful, ethical and impactful...
AI & Human Capital Management: What Boards & C-Suites Need to Know
Artificial Intelligence (AI) is a strategic imperative driving digital transformation across industries. While the potential for cost savings and efficiency gains excites CFOs, boards and C-suites must grasp the interplay between AI and human capital to ensure successful AI implementation. AI is...
Generative AI Requires More Board & C-Suite Oversight than Traditional AI
ChatGPT has more than 100 million weekly users and approximately 627 million users every month. Everywhere and seemingly all at once, free, and fee-based versions of generative artificial intelligence, including ChatGPTs competitors, are accessible through web browsers and productivity software. Are your Boards and C-suites ready for that fast-paced spread of GenAI?
AI Adoption: Moving from the “wait and see” approach to the power of performing
Using this 70-20-10 model as a framework for AI adoption can help Boards develop leaders toward a comprehensive understanding of AI adoption and transformation. This approach could help them to lead effectively by combining hands-on experience, exposure to diverse perspectives, and continuous learning.
Doing the Right Thing and Doing Things Right: Mindful, Responsible and Purposeful Leadership
ESG and DEI are complex initiatives. But they can be successfully managed with the help of a mindfulness approach. Mindfully aware principled leaders generate solid, sustainable, and profitable revenues because doing the right thing and doing things right is good for business, people, and the planet.
Leading with Influence – A Six-Step Methodology
A client of mine was a very capable executive in a large company. She was well-liked and appeared to have all the necessary requisites for senior management. However, she told me about her frustration with being passed over for a promotion. How did it turn out that way? Why...
The Case for Technical Board Diversity
Corporate boards thrive on diversity. For years, well-governed organizations have known that their strategies are best formed through differences in thought, experience, and opinion. Traditionally, that diversity has been functional. Having members who were strong in different areas of the...
The Tension Between Opportunity and Risk
The Balancing Act of Leveraging AI is a Job for the Insurance Industry The introduction of AI into everyday business operations has triggered the need to balance the anticipated benefits and rewards – which is serving as the catalyst for most – with the risk of moving too quickly, adopting without...
You Have a Job to Do. It Won’t Be Easy in Our AI-Enabled VUCA World.
Balancing the demands of diverse groups of stakeholders is more complex than ever. AI (Artificial Intelligence) is already shifting the workplace landscape because it enables “the simulation or approximation of human intelligence in machines.” AI empowers computers to self-learn,...
Purposefully Leading in AI & Cybersecurity
As AI and Cybersecurity advance, understanding the various contexts of your company is critical even before moving ahead with any plan. Knowing context, with all its subtleties and nuances, will give you the right perspective to help shape your corporate approach to this quickly emerging...
Leadership and Character
At the Bonar Institute, we believe that the work of a purposeful leader, in part, is to: create a compelling vision be inclusive be accountable for yourself and for others be a good listener Of course, the underpinning of these must be good intentions, values, skills, and self-management. However,...
Purposefully Led Responsible AI Achieves Long-Term Prosperity
John Barker | September 14, 2023 The Bonar Institute for Purposeful Leadership promotes this proposition: “Purposeful leadership is an ethical choice that principled leaders make to achieve something greater than themselves and the companies they lead.” Responsible AI, sometimes referred to...
How Can Psychometric Assessments Support the Development of Purposeful Leaders?
In a rapidly changing and complex world characterized by volatility, uncertainty, complexity, and ambiguity (VUCA), effective leadership is more crucial than ever. It is becoming increasingly clear that the type of leaders needed to meet new challenges like AI, climate change, or new regulatory...
Strategic Intent and Purposeful Leadership
The business environment is rapidly changing, driven by increasingly fast-paced learning and technological demands. Digitalization has brought both opportunities and threats through new business models, collaboration, and automation of routine tasks. As a result, leaders are faced with the...
Surviving or Thriving? Prospering Through Purpose
We originally published this on August 27, 2017. It remains relevant today. Today's volatile and complex global economy creates significant corporate risks that executives must effectively manage and resolve. The most prominent risks are financial and cyber threats. Others, though, such as...
Diversity, Equity and Inclusion: How Egalitarianism is Better for Human Connection
Equitable transfers of acceptance, understanding (regardless of agreement), and validation are scarce and largely neglected as essential. What is the nemesis of full acceptance and inclusion? Is it ego? Is it fear? Is it discomfort? Some, or in part, driven by lack of conformity? Adam...
Managing Chaordic Organizations Mindfully with Purposeful Leadership
“An organization’s success has enormously more to do with clarity of shared purpose, common principles and strength of belief in them, than with assets, expertise, operating ability, or management competence,” says Dee Hock, the founder of the VISA credit card for Bank of America. To Hock, this...
What’s your (impactful) story?
The merit of value stories cannot be understated. Impactful value stories have a powerful influence on people’s decisions and behaviours. As an old friend put it: “Facts tell, but stories sell!” How? Although demonstrating the competitive benefits of a product or service is indeed...
Remember You Are Mortal
Ancient Rome celebrated military success with civil and religious ceremonies called “Triumphs.” During these celebrations, the conquering general, wearing special red garments, paraded through the city. Behind him were carried the spoils of the conquest, captives from the war, and the...
Bonar Institute: Carpe Diem, Carpe Futurum
The pace and scope of change are unprecedented in human history.The nature of business, of work, is changing radically. Established in Ottawa, Canada, the Bonar Institute for Purposeful Leadership Inc. is a dynamic and innovative advisory firm that enables executives to excel in managing...