Lexico

As the holidays approach, we take this moment to celebrate not just the milestones, but the incredible people behind them. To our clients, advisors, partners, team members, and friends—we are immensely grateful for your support, and we wish you a wonderful holiday season filled with warmth, joy, and love! Happy Holidays! ❄️   #HolidaySeason

#Leadership is evolving from individual heroics to “teamship”—a strategy where co-elevation and cutting-edge collaboration tools drive innovation and performance. Forbes identifies ten critical shifts transforming good teams into great ones, emphasizing mutual support and modern practices that unlock a new level of collective success. 1️⃣ 𝗛𝘂𝗯-𝗮𝗻𝗱-𝗦𝗽𝗼𝗸𝗲 𝘁𝗼 𝗖𝗼-𝗘𝗹𝗲𝘃𝗮𝘁𝗶𝗼𝗻: Empower team members to reach new heights together, fostering a shared vision and enhanced performance. 2️⃣ 𝗖𝗼𝗻𝗳𝗹𝗶𝗰𝘁 𝗔𝘃𝗼𝗶𝗱𝗮𝗻𝗰𝗲 𝘁𝗼 𝗖𝗮𝗻𝗱𝗼𝗿: Encourage open, honest #communication that prioritizes collective success over individual comfort. 3️⃣ 𝗖𝗵𝗮𝗻𝗰𝗲 𝘁𝗼 𝗣𝘂𝗿𝗽𝗼𝘀𝗲𝗳𝘂𝗹 𝗕𝗼𝗻𝗱𝗶𝗻𝗴: Build trust intentionally, not incidentally, through deliberate team-building activities. 4️⃣ 𝗜𝗻𝗱𝗶𝘃𝗶𝗱𝘂𝗮𝗹 𝘁𝗼 𝗧𝗲𝗮𝗺 𝗥𝗲𝘀𝗶𝗹𝗶𝗲𝗻𝗰𝗲: Cultivate a culture where teammates uplift and energize one another, enhancing overall resilience. 5️⃣ 𝗟𝗶𝗺𝗶𝘁𝗲𝗱 𝘁𝗼 𝗜𝗻𝗰𝗹𝘂𝘀𝗶𝘃𝗲 𝗖𝗼𝗹𝗹𝗮𝗯𝗼𝗿𝗮𝘁𝗶𝗼𝗻: Adopt broader co-creation practices that embrace diverse perspectives for richer innovation. 6️⃣ 𝗥𝗶𝗴𝗶𝗱 𝘁𝗼 𝗔𝗴𝗶𝗹𝗲 𝗢𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝘀: Implement agile methodologies to navigate volatility and adapt swiftly to changes. 7️⃣ 𝗦𝗰𝗮𝗿𝗰𝗲 𝗣𝗿𝗮𝗶𝘀𝗲 𝘁𝗼 𝗣𝗲𝗲𝗿 𝗥𝗲𝗰𝗼𝗴𝗻𝗶𝘁𝗶𝗼𝗻: Foster an environment where acknowledgment and celebration are abundantly shared among peers. 8️⃣ 𝗘𝘅𝗰𝗹𝘂𝘀𝗶𝗼𝗻 𝘁𝗼 𝗜𝗻𝗰𝗹𝘂𝘀𝗶𝗼𝗻: Transform diversity and inclusion into actionable practices that strengthen team bonds and productivity. 9️⃣ 𝗜𝗻𝗱𝗲𝗽𝗲𝗻𝗱𝗲𝗻𝘁 𝘁𝗼 𝗠𝘂𝘁𝘂𝗮𝗹 𝗖𝗼𝗮𝗰𝗵𝗶𝗻𝗴: View each team member as a coach, enhancing accountability and growth through mutual support. 🔟 𝗦𝗶𝗹𝗼𝘀 𝘁𝗼 𝗔𝗹𝗶𝗴𝗻𝗺𝗲𝗻𝘁: Achieve sustained alignment across the team, ensuring consistency and unity even in fluctuating conditions. How are you fostering these transformative shifts within your teams to drive greater results? #TransformationTuesday #Transformation https://lnkd.in/gE3HfB6A

As the year draws to a close and the festive spirit takes hold, it’s the perfect time to reflect on the past and plan for a future full of promise. What better way to embrace this season of giving than by crafting a holiday wishlist—not of gadgets and gizmos, but of transformative goals that will propel our businesses forward in the new year? Here are the aspirations that can redefine our work and impact in the coming months. 1️⃣ 𝗦𝗰𝗮𝗹𝗮𝗯𝗹𝗲 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻: Wishing for systems that not only support current #technology but are ready to adapt to future innovations seamlessly. 2️⃣ 𝗔𝗴𝗶𝗹𝗲 𝗪𝗼𝗿𝗸𝗳𝗼𝗿𝗰𝗲: Hoping for a dynamic team structure where flexibility and adaptability are at the forefront, enabling the workforce to pivot quickly in response to changing market demands. 3️⃣ 𝗘𝗻𝗵𝗮𝗻𝗰𝗲𝗱 𝗖𝘂𝘀𝘁𝗼𝗺𝗲𝗿 𝗘𝘅𝗽𝗲𝗿𝗶𝗲𝗻𝗰𝗲: Dreaming of deeply personalized customer interactions across all touchpoints, powered by advanced analytics and #AI. 4️⃣ 𝗥𝗼𝗯𝘂𝘀𝘁 𝗖𝘆𝗯𝗲𝗿𝘀𝗲𝗰𝘂𝗿𝗶𝘁𝘆 𝗠𝗲𝗮𝘀𝘂𝗿𝗲𝘀: Gifting our data and systems with state-of-the-art security protocols to ward off cyber threats and ensure business continuity. 5️⃣ 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝗲 𝗣𝗿𝗮𝗰𝘁𝗶𝗰𝗲𝘀: Aspiring to integrate sustainability into all aspects of the business, from reducing carbon footprints to ethical sourcing and waste management. 6️⃣ 𝗗𝗮𝘁𝗮-𝗗𝗿𝗶𝘃𝗲𝗻 𝗗𝗲𝗰𝗶𝘀𝗶𝗼𝗻𝘀: Yearning for a culture that embraces #data at every decision-making level, enhancing transparency and efficiency. 7️⃣ 𝗖𝗿𝗼𝘀𝘀-𝗙𝘂𝗻𝗰𝘁𝗶𝗼𝗻𝗮𝗹 𝗖𝗼𝗹𝗹𝗮𝗯𝗼𝗿𝗮𝘁𝗶𝗼𝗻: Desiring seamless collaboration across departments to foster innovation and streamline processes. 8️⃣ 𝗖𝘂𝘀𝘁𝗼𝗺𝗲𝗿-𝗖𝗲𝗻𝘁𝗿𝗶𝗰𝗶𝘁𝘆: Seeking to revolve more around the customer, using insights to drive product development and service improvements. 9️⃣ 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗟𝗶𝘁𝗲𝗿𝗮𝗰𝘆: Aiming for all team members, regardless of role, to have a solid understanding of the digital tools that drive our business. 🔟 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗣𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽𝘀: Looking forward to building alliances that enhance our #capabilities and extend our market reach. What's on your #transformation wishlist this year? 🎁 #DigitalTransformation #Leadership 

As we head into 2025, #IT departments stand at the forefront of adopting transformative technologies that propel businesses forward. With roles evolving rapidly, staying informed on the key trends is vital. Here’s a concise look at the seven pivotal trends that will shape IT workloads and strategies in 2025, according to Forbes: 𝟭. 𝗔𝗜𝗢𝗽𝘀: #AI will dramatically enhance IT operations by automating routine tasks and optimizing resources, enabling teams to focus on innovation and value-added activities. 𝟮. 𝗖𝘆𝗯𝗲𝗿𝘀𝗲𝗰𝘂𝗿𝗶𝘁𝘆: As cyber threats grow, IT departments will lead in securing organizational infrastructures and fostering a culture of security across all levels. 𝟯. 𝗕𝗿𝗶𝗱𝗴𝗶𝗻𝗴 𝘁𝗵𝗲 𝗜𝗧 𝗦𝗸𝗶𝗹𝗹𝘀 𝗚𝗮𝗽: Addressing the shortage of skilled IT professionals through upskilling, reskilling, and adopting tools that enable non-specialists to contribute to digital initiatives will be critical. 𝟰. 𝗢𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝗮𝗹𝗶𝘇𝗶𝗻𝗴 𝗚𝗲𝗻𝗲𝗿𝗮𝘁𝗶𝘃𝗲 𝗔𝗜: Generative AI will automate many IT functions, from data management to customer support, freeing IT staff to tackle more complex, strategic issues. 𝟱. 𝗔𝗱𝘃𝗮𝗻𝗰𝗲𝗱 𝗜𝗻𝗳𝗿𝗮𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲: Emerging technologies like 5G and advanced processors will redefine IT infrastructure, requiring new skills and innovative approaches to maximize their potential. 𝟲. 𝗘𝘃𝗼𝗹𝘃𝗶𝗻𝗴 𝗖𝗹𝗼𝘂𝗱 𝗔𝗿𝗰𝗵𝗶𝘁𝗲𝗰𝘁𝘂𝗿𝗲: Hybrid cloud environments will dominate, with AI-enhanced tools simplifying operations and scaling of cloud resources. 𝟳. 𝗗𝗶𝘃𝗲𝗿𝘀𝗶𝗳𝗶𝗲𝗱 𝗖-𝗟𝗲𝘃𝗲𝗹 𝗥𝗼𝗹𝗲𝘀: The expansion of C-level technology roles beyond the traditional #CIO, such as Chief Data Officers and Chief AI Officers, reflects the growing significance of IT in strategic business growth. How is your IT department preparing to leverage these trends to drive business innovation and growth in 2025? #TransformationTuesday #DigitalTransformation #GenAI #Transformation https://lnkd.in/dimTFyff

As organizations transition from experimenting with generative AI to seeking tangible #ROI, it’s crucial to focus on strategic integration. Here’s how leaders can drive significant business value through #AI: 🔹𝗔𝗱𝗼𝗽𝘁 𝗣𝗲𝗼𝗽𝗹𝗲-𝗙𝗶𝗿𝘀𝘁 𝗣𝗿𝗶𝗻𝗰𝗶𝗽𝗹𝗲𝘀: Embrace the shift from traditional tech interaction to collaboration with AI as digital co-pilots. Recognize the transformative potential of AI within your organization and encourage a decentralized approach to innovation. 🔹𝗧𝗮𝗶𝗹𝗼𝗿 𝗔𝗜 𝘁𝗼 𝗢𝗿𝗴𝗮𝗻𝗶𝘇𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗚𝗼𝗮𝗹𝘀: Clearly define your strategic goals for AI integration. Decide whether your organization aims to be a leader in cutting-edge AI applications or to extract practical value from existing technologies. Align AI initiatives with the organization’s risk tolerance and decision-making frameworks to ensure successful adoption. 🔹𝗢𝘂𝘁𝗰𝗼𝗺𝗲-𝗢𝗿𝗶𝗲𝗻𝘁𝗲𝗱 𝗔𝗜 𝗨𝘀𝗲: Shift focus from specific AI functions to the outcomes they achieve. This approach helps clarify the business case for AI, making benefits measurable and relatable across the organization. Establish a process to define and track the value delivered by AI initiatives to ensure alignment and maximize impact. Leaders must prioritize comprehensive AI readiness, extending beyond #IT to include all organizational levels. By fostering an environment that encourages creativity and leadership in AI application, companies can not only stand out from the competition but also unlock new opportunities for growth. How is your organization planning to enhance AI integration for maximum ROI? #DigitalTransformation #Transformation #Leadership #GenAI

Digital transformation demands more than just technological upgrades; it requires a paradigm shift in #leadership, culture, and operational planning. Here’s how to prepare your organization for a #transformation that delivers real value and sustainable success according to Forbes: 1️⃣ 𝗖𝗵𝗼𝗼𝘀𝗲 𝘁𝗵𝗲 𝗥𝗶𝗴𝗵𝘁 𝗟𝗲𝗮𝗱𝗲𝗿: The success of your digital transformation may well hinge on the leader you appoint. This individual should possess a strong dual understanding of both business objectives and technological innovations. A true transformation leader isn’t just a program manager; they are the maestro of an orchestra, orchestrating the complex interplay between various workstreams to achieve harmony in change. 2️⃣ 𝗘𝗺𝗯𝗿𝗮𝗰𝗲 𝗮𝗻𝗱 𝗠𝗮𝗻𝗮𝗴𝗲 𝗖𝗵𝗮𝗻𝗴𝗲: Misalignment between business and #technology teams often derails transformations. A capable leader fosters a unified approach to change, preparing teams for unforeseen challenges and facilitating agile decision-making. This adaptability is vital for maintaining momentum and alignment throughout the transformation process. 3️⃣ 𝗔𝗻𝘁𝗶𝗰𝗶𝗽𝗮𝘁𝗲 𝗮𝗻𝗱 𝗣𝗹𝗮𝗻 𝗳𝗼𝗿 𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀: Effective testing and contingency planning are paramount. Establishing clear protocols and preparing rollback plans in advance can safeguard against potential setbacks, preserving critical data and processes. It’s not just about making plans but also about continuously adapting and improving them to fit the unfolding reality. What strategies has your organization implemented to ensure leadership, cultural adaptation, and operational readiness are aligned for effective digital transformation? #TransformationTuesday #DigitalTransformation  https://lnkd.in/eYP7WwFb

Lexico is thrilled to welcome Rachel Cable as our new Executive Assistant! In her new role, Rachel will act as a crucial liaison between executives, clients, and teams, ensuring clear and efficient communication and information flow. Her responsibilities will extend to coordinating executive schedules and facilitating team interactions to enhance our operational effectiveness. Rachel brings a wealth of experience, having served in roles as an executive assistant, website administrator, and product manager. Her diverse skills will be instrumental in collaborating with the Lexico team as she spearheads initiatives that support our ongoing growth. As Lexico continues to grow, Rachel’s addition will ensure that our day-to-day operations remain seamless. Her proactive approach and commitment to excellence will help ensure our teams remain focused on delivering exceptional value to our clients and consultants. “I’m delighted to join Lexico as an Executive Assistant! I’m looking forward to supporting and streamlining our team's goals and being part of such a great community,” said Rachel. It’s inspiring to work for a company that helps businesses reach their full potential across the country!” Welcome to the team, Rachel!

As we approach 2025, Chief Operating Officers (COOs) are gearing up to expand the role of artificial intelligence (AI) in enhancing operations and enabling employees more effectively. Building on the successes of 2024, particularly in improving supply chain resilience and digital transformation, COOs are now positioned to harness #AI to drive significant #growth across all business functions, from revenue generation to customer satisfaction and risk management. Here are five strategic focuses for COOs planning their AI #roadmaps according to Forbes: 1️⃣ 𝗘𝗻𝗵𝗮𝗻𝗰𝗲 𝗜𝗻𝘁𝗲𝗿𝗻𝗮𝗹 𝗢𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝘀 𝘄𝗶𝘁𝗵 𝗔𝗜: Prioritize AI in IT and cybersecurity to tackle the growing security risks associated with cloud and SaaS applications. Investments in AI can streamline operations, finance, and HR processes, enhancing efficiency in onboarding and support management. 2️⃣ 𝗜𝗻𝘃𝗲𝘀𝘁 𝗶𝗻 𝗔𝗜 𝗳𝗼𝗿 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗙𝘂𝗻𝗰𝘁𝗶𝗼𝗻𝘀 𝗮𝗻𝗱 𝗘𝗺𝗽𝗹𝗼𝘆𝗲𝗲 𝗘𝗻𝗮𝗯𝗹𝗲𝗺𝗲𝗻𝘁: Tools like ChatGPT, now used by a vast number of users, including most Fortune 500 companies, exemplify AI’s potential in marketing, sales, and customer service. AI not only improves content creation and customer interactions but also boosts employee productivity by assisting in routine tasks. 3️⃣ 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗔𝗜 𝗦𝗽𝗲𝗻𝗱𝗶𝗻𝗴: As AI becomes integral to business, COOs should expect to increase AI spending, allocating a significant portion of IT budgets to AI tools and infrastructure, particularly cloud resources which are critical to AI deployment and scaling. 4️⃣ 𝗜𝗺𝗽𝗹𝗲𝗺𝗲𝗻𝘁 𝗔𝗜 𝗮𝘁 𝘁𝗵𝗲 𝗘𝗱𝗴𝗲: Deploy AI inference closer to where data is generated—near customers and on-site employees—to enhance interactions and increase ROI. Processing data at the edge caters to immediate operational needs and addresses latency and privacy concerns. 5️⃣ 𝗧𝗮𝗶𝗹𝗼𝗿𝗲𝗱 𝗔𝗜 𝗔𝗽𝗽𝗿𝗼𝗮𝗰𝗵𝗲𝘀: Adapt AI deployment strategies to specific industry needs, considering factors like cost, data privacy, and regulatory compliance. This involves a mix of on-premises and cloud-based solutions to meet diverse operational demands and compliance standards. How is your organization preparing to integrate AI into its operations? #TransformationTuesday #DigitalTransformation #COO #ChiefOperatingOfficer #Transformation #Leadership https://lnkd.in/dwR2iBk8

Today, we give thanks for the inspiring people we work with—our colleagues, clients, and partners. Wishing you all a #Thanksgiving filled with warmth, togetherness, and a little extra pie! 🦃 #Thankful

In a world where digital transformation is essential for staying competitive, many organizations still struggle to make the leap. The journey is riddled with challenges—from talent gaps and budget constraints to entrenched workplace dynamics that resist change. Here’s a closer look at some less obvious yet critical barriers according to Forbes: 🔹𝗜𝗻𝘁𝗲𝗿𝗻𝗮𝗹 𝗥𝗲𝘀𝗶𝘀𝘁𝗮𝗻𝗰𝗲 𝘁𝗼 𝗖𝗵𝗮𝗻𝗴𝗲: Merging the business and technical sides can be daunting. Leaders often fear that engaging deeply with new technologies might undermine their strategic roles. Successful #transformation requires integrating business strategy with hands-on innovation. 🔹𝗟𝗮𝗰𝗸 𝗼𝗳 𝗘𝗳𝗳𝗲𝗰𝘁𝗶𝘃𝗲 𝗖𝗼𝗹𝗹𝗮𝗯𝗼𝗿𝗮𝘁𝗶𝗼𝗻: Digital transformation thrives on seamless collaboration, yet integrating workflows remains a challenge for many. Promoting clear communication and shared goals is essential for bridging the gap between #technology and business needs. 🔹𝗗𝗼𝗺𝗶𝗻𝗮𝗻𝗰𝗲 𝗮𝗻𝗱 𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝗼𝗻: Overly competitive environments, especially those dominated by large entities, can stifle innovation and slow progress. Shifting focus from competition to fostering an industry-wide supportive environment is crucial for collective growth. Leaders must assess if internal dynamics or competitive pressures hinder digital transformation. Embracing change, encouraging collaboration, and promoting healthy competition are key to overcoming these barriers. What’s holding your business back from embracing digital transformation? #TransformationTuesday #DigitalTransformation #Leadership #Strategy https://lnkd.in/dPy8KHaw