This will be my last post of 2018. Happy New Year to everyone! I thought I would end the year on a humorous note. Enjoy! Have you ever had one of these days? The optimal way to avoid this tragic business metaphor is to build your company as if you are going to get, at anyContinue reading “Does running your business sometimes feel like this?”
Category Archives: Strategy
Growth IQ: Get Smarter About the Choices that Will Make or Break Your Business
“In a Bain & Company study, 85 percent of the executives surveyed, and a full 94 percent of those running companies with more than $5 billion in revenue, said that internal, not external, obstacles keep their companies from growing profitably.” – Tiffani Bova, Growth IQ According to Michael Treacy, business researcher, and author, there are 5 areasContinue reading “Growth IQ: Get Smarter About the Choices that Will Make or Break Your Business”
Start the Annual Strategic Planning Process Now (you need 60+ days to prepare)
If your team does not leave the 2-3 day planning session energized and aligned for at least the next 12 months, you have wasted a great opportunity and a significant amount of money and time. Finding, in 2019, the one or two key things you can accomplish that will improve the business significantly may be the difference between a decent andContinue reading “Start the Annual Strategic Planning Process Now (you need 60+ days to prepare)”
Why do some ideas stick?
As a follow up to my last post about how to encourage the generation of helpful and innovative ideas from your organization, this post focuses on how to develop and communicate those ideas so they stick. For an idea to stick, for it to be useful and lasting, it makes/allows the audience to: Pay attentionContinue reading “Why do some ideas stick?”
Ideas, Ideas, and more Ideas
Your team may have some of the best ideas to move the company forward – some big, some not so big – but forward nonetheless. Have you ever done or said something like the 3 items below to help foster new ideas? Set up a process to submit ideas that prove an economic advantage to the company “Come to meContinue reading “Ideas, Ideas, and more Ideas”
Design a solution that your best customers want and value
While there is one question to ask to ensure that you can get inside the heads of your customers there are a few steps to first take to optimize the process. They are : Figure out who your best customers are Create a list of your best customers and order them appropriately (process to followContinue reading “Design a solution that your best customers want and value”
Do more that matters by doing less
As a leader, you make dozens, if not hundreds of decisions each week. If you took the time to write them all down and then identified the ones that made a significant impact on the team and/or the business, I bet you could count those important and significant decisions on one hand. Imagine if you madeContinue reading “Do more that matters by doing less”
How Alan Mulally saved Ford Motor Company with four simple decisions
“Bill’s principles, framework, and methodologies align very closely to my own Working Together Principles that were applied to measurable success at Boeing and Ford. I was proud to nominate Bill as an MG100 member to help us advance systemic, extensive leadership development that increasingly creates healthy, thriving businesses, and enhances human flourishing. I look forward to ourContinue reading “How Alan Mulally saved Ford Motor Company with four simple decisions”
If you do these 7 things well, you will almost certainly be successful
Compiled from different sources* and my own experience, I believe that if you do these seven things well, you will almost certainly be successful: Create a success vision – How can you recognize that you have arrived if you do not know what the destination looks like beforehand? Your first step is to create a positive visionContinue reading “If you do these 7 things well, you will almost certainly be successful”
Avoid losing millions in revenue and profit
From Howard Shore’s new book Your Business is a Leaky Bucket, there are many ways that businesses lose revenue and profit such as the following: Mediocre hiring practices: Hiring and Keeping B and C players in critical positions Leaving critical positions vacant Lacking a standard interview process Excessive turnover/Regrettable turnover Lack of alignment The leadership teamContinue reading “Avoid losing millions in revenue and profit”