By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData Collective
  • Analytics
    AnalyticsShow More
    data analytics in sports industry
    Here’s How Data Analytics In Sports Is Changing The Game
    6 Min Read
    data analytics on nursing career
    Advances in Data Analytics Are Rapidly Transforming Nursing
    8 Min Read
    data analytics reveals the benefits of MBA
    Data Analytics Technology Proves Benefits of an MBA
    9 Min Read
    data-driven image seo
    Data Analytics Helps Marketers Substantially Boost Image SEO
    8 Min Read
    construction analytics
    5 Benefits of Analytics to Manage Commercial Construction
    5 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-23 SmartData Collective. All Rights Reserved.
Reading: The Royal Wedding – What if Companies had a King and Queen?
Share
Notification Show More
Latest News
data analytics in sports industry
Here’s How Data Analytics In Sports Is Changing The Game
Big Data
data analytics on nursing career
Advances in Data Analytics Are Rapidly Transforming Nursing
Analytics
data analytics reveals the benefits of MBA
Data Analytics Technology Proves Benefits of an MBA
Analytics
anti-spoofing tips
Anti-Spoofing is Crucial for Data-Driven Businesses
Security
ai in software development
3 AI-Based Strategies to Develop Software in Uncertain Times
Software
Aa
SmartData Collective
Aa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Data Management > Culture/Leadership > The Royal Wedding – What if Companies had a King and Queen?
AnalyticsCulture/Leadership

The Royal Wedding – What if Companies had a King and Queen?

GaryCokins
Last updated: 2011/04/26 at 5:01 AM
GaryCokins
5 Min Read
SHARE

This Friday is the big day – England’s royal wedding of William, Prince of Wales, and Kate Middleton in Westminster Abbey. Some readers are already experiencing wedding hype fatigue while others just cannot get enough of it. The existence of a royal family is always a curiosity of countries, like the USA, that do not have one. In the USA, the President and first lady are the default king and queen. Political pundits often write about the benefits of having royalty.

This Friday is the big day – England’s royal wedding of William, Prince of Wales, and Kate Middleton in Westminster Abbey. Some readers are already experiencing wedding hype fatigue while others just cannot get enough of it. The existence of a royal family is always a curiosity of countries, like the USA, that do not have one. In the USA, the President and first lady are the default king and queen. Political pundits often write about the benefits of having royalty. One benefit is it allows the politicians in a nation’s government to focus on governing while the royalty can handle the tea-and-crumpet social aspects of its citizens.

What if companies had their own king and queen along side the CEO, COO, CFO, and all the other vice-presidents of the executive team?

A King and Queen in your Company?

More Read

data analytics in sports industry

Here’s How Data Analytics In Sports Is Changing The Game

Advances in Data Analytics Are Rapidly Transforming Nursing
Data Analytics Technology Proves Benefits of an MBA
Data Analytics Helps Marketers Substantially Boost Image SEO
5 Benefits of Analytics to Manage Commercial Construction

You really have to use your imagination to think of how this would change the dynamics of operating a company and applying enterprise performance management methodologies imbedded with business analytics. Here are a few:

• Similar to citizens of countries with royalty, employees could have audiences with the king or queen requesting favors or petitioning appeals such as for a new office with a window or a salary increase.

• Much of the public relations work and interrogation by Wall Street investment analysts that consumes the valuable time of the executives could be shouldered by the king and queen. Royalty are effective at communicating in grandiose terms without requiring facts to support their statements. They can easily be substitutes for the executive team thus freeing up the executives to steer and control their company. New product releases can be ceremonial with heralded proclamations.

• Royalty is about diplomacy. Business management is about speed in accomplishing change. There is overlap, but with a king and queen a company can build strong brand recognition in its markets. Why have a CEO in a TV commercial when the queen (imagine Kate Middleton) can deliver that message?

• Courting important customers or prospects with large sales opportunities is critical for revenue growth. Meetings with them can be held at the king and queen’s palace rather than at a sterile headquarters building. The king and queen can meet-and-greet.

• During a nation’s times of crisis, such as a military war, in countries with royalty, the reigning king or queen address the country. This was highlighted in last year’s Academy Award winning movie, The King’s English. For a company, when a fierce competitor invades a company’s market or aggressively increases market share, of course it is the executive team’s job to redirect the strategy to combat the losses, but the king or queen would be the communicator to its managers and employees. Aligning employee work, effort, and priorities with the executive team’s strategy requires vision and inspiration. (Strategy maps, a balanced scorecard, and KPIs will help.) The executives can do the former, and the king and queen can do the latter – inspire.

• Similar to patronage workers, with jobs resulting to their political connections (and I grew up in Chicago understanding how patronage works), under-performing employees can be re-assigned to be staff of the king and queen. This will allow high performers, who waste much of their own energy figuring out ways to work around the entrenched employees who have lost their sense of urgancy, to accomplish strategic goals faster.

Will you watch any of the Prince William’s wedding pageantry? I bet so. Your reason why may give you thought to considering my fantasy thoughts above.

GaryCokins April 26, 2011
Share this Article
Facebook Twitter Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

data analytics in sports industry
Here’s How Data Analytics In Sports Is Changing The Game
Big Data
data analytics on nursing career
Advances in Data Analytics Are Rapidly Transforming Nursing
Analytics
data analytics reveals the benefits of MBA
Data Analytics Technology Proves Benefits of an MBA
Analytics
anti-spoofing tips
Anti-Spoofing is Crucial for Data-Driven Businesses
Security

Stay Connected

1.2k Followers Like
33.7k Followers Follow
222 Followers Pin

You Might also Like

data analytics in sports industry
Big Data

Here’s How Data Analytics In Sports Is Changing The Game

6 Min Read
data analytics on nursing career
Analytics

Advances in Data Analytics Are Rapidly Transforming Nursing

8 Min Read
data analytics reveals the benefits of MBA
Analytics

Data Analytics Technology Proves Benefits of an MBA

9 Min Read
data-driven image seo
Analytics

Data Analytics Helps Marketers Substantially Boost Image SEO

8 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

ai in ecommerce
Artificial Intelligence for eCommerce: A Closer Look
Artificial Intelligence
giveaway chatbots
How To Get An Award Winning Giveaway Bot
Big Data Chatbots Exclusive

Quick Link

  • About
  • Contact
  • Privacy
Follow US

© 2008-23 SmartData Collective. All Rights Reserved.

Removed from reading list

Undo
Go to mobile version
Welcome Back!

Sign in to your account

Lost your password?