Great column from Rich Kaarlgard at Forbes called “How Fast Can You Learn?”
In the new economy, he challenges leaders: “Your job is to enlist as many smart people as you can to pull your company in the direction you want it to go. Your job is to learn and adapt as fast as the digital networks will let you.”
This is a much different challenge than traditional strategy development and execution. Are you ready?
If you are a leader, “What’s next?” is what people want to know from you. People are looking to you – not necessarily for the specific answer, but to set a direction and agenda. Whether and how you prepare yourself to lead “what’s next” makes a huge difference in your effectiveness as a leader. You…
The situation for General Motors (GM) is dire. The company says it will run out of cash possibly before the end of the year and definitely by next June without raising more capital. House Speaker Nancy Pelosi and Senate Majority Leader Harry Reid wrote Saturday to Treasury Secretary Paulson to ask the administration to expand…
How many times have you bought an item from a store, only to bring it home and discover that "batteries are not included" or "some assembly required?" I was working with a client last week when the topic of "solutions" came up. The issue was how to move from selling hardware, software, and services as…
Beware the myth of benchmarks. Lots of time, energy, and money is spent running around trying to measure and conform to industry benchmarks. But strategy is about moving you away from the middle – towards a differentiated position.
In these uncertain times, I am frequently asked “how is the economy affecting your business?” I answer that question by talking about how the economy is affecting my clients’ businesses and careers — and how they are choosing to respond to this current environment. Some people would say that an optimist sees the glass as…
Guess what the CEO’s number 1 concern is? Execution. According to Conference Board survey, “excellence in execution” is the number one concern of CEOs. The third concern is “consistent execution of strategy by top management”. Not sure exactly how they make a distinction between these concerns. Notably, number 2 and 4 are top line growth…
