Follow me:
Search
Listen on:

Business on Fire Part II: Could Business Mindfulness have Saved JCPenney?

Play episode
Businesspeople planning tasks with sticky notes

In this organizational mindfulness episode, we define and use the concept to analyze companies. Mindful businesses have high resiliency and avoid catastrophic risks. Mindfulness is compatible with agile, which means you can simultaneously avoid catastrophe AND innovate rapidly. Not everyone believes that’s possible.

If you want to understand “organizational mindfulness,” this is the episode for you. If you’d like some background on scaling mindfulness, you’ll like Episode 2 on self-similarity (our first full episode). If you’d like to hear our detailed failure analysis of Ron Johnson and JCPenney, that’s in Episode 11, the one just before this.

Mindful organizations share a set of six characteristics, which we introduce at the beginning. Then we talk about different examples of each characteristic, from some mindful businesses we know about, such as Toyota and Trader Joe’s, and with counterexamples from JCPenney.

References

Credits

Find out about the latest episodes, posts, and events.

Join the discussion

This site uses Akismet to reduce spam. Learn how your comment data is processed.

More from this show

Episode 12