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This is the definition of presence, and it is only when we operate in the present that real creativity, growth and innovation occur. Operating in excess of that threshold will cause increased stress, lack of attention to detail and errant decisioning. Is your rubber-band stretched so tight that it’s about to snap?
Rarely will you come across a static opportunity in the sense that it will stand idle and wait for you to act…Significant opportunities are not only scarce, but they typically operate on the principal of diminishing returns. So much so, that if you don’t think timing is everything - think again.
Even solid world class institutions like the University of California Berkeley under the leadership of Chancellor Birgeneau & Provost Breslauer are firing employees, staff, faculty and part-time lecturers through “Operational Excellence (OE) initiative”: last year 600 were fired, this year 300.
So, in today’s post I’ll examine the power of disruption as a key business driver… Disruptive business models focus on creating, disintermediating, refining, reengineering or optimizing a product/service, role/function/practice, category, market, sector, or industry. When was the last time you entered a new market?
These silos are staffed with legions of “tenured&# COBOL and C++ programmers, as well as &# tenured&# IT managers overseeing the operation. Walking into these organizations is often like traveling back in time 20 years.
All business (for profit or not) provide goods, services, or intellectual property/capital to a market (or markets) for some form of consideration. Well actually, no it’s not.
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The harsh reality is that great numbers of leaders continue to operate in a vacuum by sequestering themselves away in the corner office and attempting to lead from afar. So the real question is this…how does a CEO get to the point of being so disconnected from operations that he or she just doesn’t have a clue?
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I read a Navy Times article by Donnie Horner recently called "Challenges Facing Surface Fleet", posted March 16, 2009. Ron As always, another post that's right on the mark! Readers can google it. It points out how a toxic culture is often encouraged in the military.
Loyalty is a missing ingredient in job market of both the secular and sacred. Would love to teach my staff this lesson with your permission. I would like to add one. I think loyalty cost us nothing, yet delivers great reward to a team. Your post are always eye-opening. I think loyalty is a great addition to the list.
The difference between the two aforementioned examples is that great leaders have mastered the art of finding the right message regardless of the medium, market, or constituency being addressed. Do you ever find yourself sitting back and marveling at those leaders who always seem to have the right thing to say?
Gut instincts can only take you so far in life, and anyone who operates outside of a sound decisioning framework will eventually fall prey to an act of oversight, misinformation, misunderstanding, manipulation, impulsivity or some other negative influencing factor. They make bad decisions.
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Posted on October 13th, 2010 by admin in Operations & Strategy By Mike Myatt , Chief Strategy Officer, N2growth How dumb is your business? If your company can’t be operated by mere mortals, you need to reexamine your business logic.
Posted on January 21st, 2011 by admin in Leadership , Miscellaneous , Operations & Strategy By Mike Myatt , Chief Strategy Officer, N2growth Entrepreneur, CEO or Both? Which hat, or hats do you wear? CEO…that title sounds good doesn’t it?
The moral of the story is this…A lack of delegation creates operational bottlenecks, delegation confused with abdication creates organization chaos, and effective delegation of authority vs. tasks creates personal and operational excellence. Share and Enjoy: View Comments bfpower Well said, Mike.
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Not Customer Focused : Leaders not attuned to the needs of the market will fail. The best leaders are focused on leading change and innovation to keep their organizations fresh, dynamic and growing. Bottom line – leaders who build a static business doom themselves to failure. Visit [link] to learn more about the leadership system.
Also, a common response is to confuse a sales engine, fulfillment process, operational process, technology platform, or any number of other areas as business models, where this is not the case. Furthermore, a business plan, strategic plan, marketing plan, capital formation plan, exit plan, etc., are also not business models.
Closing gaps becomes much easier when you can position differences as non-adversarial and operate within a framework of trust. If so, you likely have issues with conflict. The issue hasn't risen to a level of significance to merit their involvement, in which case you must get them to understand why the conflict merits their involvement.
Just like an algebraic formula, business also functions according to rules governing order of operations. Madoff Investment Securities LLC, the financial derivatives market collapse, Toyota concealing owner reports of sudden acceleration (resulting in a USA man sentenced to prison) and the BP Gulf of Mexico Deepwater Horizon oil spill?
Posted on November 29th, 2010 by admin in Miscellaneous , Operations & Strategy , Talent Management By Mike Myatt , Chief Strategy Officer, N2growth Bonus or no bonus? That is the question. While many tend to favor this structure, it is far from perfect as well.
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Leaders who operate behind a veil of secrecy are only setting themselves up for a rude awakening. Section IV: Tactics. Great leaders tend to be tactical geniuses and display a strong bias to action. Ambiguity in communication offers opaque expectations maybe we have to think more and more about its paradox. should anything be transparent?
They don’t sit idly by and watch the business lose market share, suffer margin erosion, see their competitive value propositions vaporize, or watch their brand go into decline. That is the question that many a business is forced to ask at some point during their life cycle. They make changes.
The act of operating in the truest best interest of others is the issue. By treating "love" as a verb and as such being actionable and intentional in its application, leaders can be more purposeful and consistent. Thanks for the astute observations Mark. Mike Henry Sr. Thanks for the great post. You're right on regarding love.
link] #30Thursday Post Number Nine (Yes it’s fine!) | Musings on Marketing and Other Morsels [.] link] mikemyatt Thanks for the kind words…You might be interested in the following posts as they deal specifically with the topics of social media and influence: [link]. and, [link].
Twitter Marketing [link] mikemyatt Perhaps in some cases, but not in every instance…This is a very fluid topic that is heavily influenced by individual personalities, environmental context, and situational nuances. And it's hard to lose your self from your emotions, because your self and emotions are one.
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I actually prefer to play to the middle in that I am neither understated nor overstated, but I am comfortable with who I am and my approach to the market. If not, it should…The overly slick professional always makes me want to grab my wallet and run… Let me be transparent and use my personal situation as an example.
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A person could either take several minutes to explain the evolution of technologies, mediums, shift in content paradigms, engagement practices and market dynamics that came together to make the Internet a more valuable and efficient space, or they could just utilize &# social media&# as a descriptive aid to make the connection.
My clients hire me not solely on the basis of what I can personally do for them in a vacuum, but rather what the collective influence of my network and resources can accomplish for them when I operate outside of my own personal bubble.
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Posted on July 7th, 2010 by admin in Leadership , Operations & Strategy , Rants By Mike Myatt , Chief Strategy Officer, N2growth I have read some interesting articles and blog posts of late on the subject of CEO term limits, and felt this topic worthy of discussion.
Among the many things that make leadership more challenging today is the global market in which leaders must compete. Marshall Goldsmith : The principles of leadership haven’t changed much, but the world in which we apply them certainly has.
Blogging since 2002, being actively involved in digital marketing since the early 90′s, and being online since the days of the ARPANET I have a bit of history with most things digital. Successful businesses adapt to market innovations and thrive, while those that fail to make iterative leaps fall by the wayside.
I find everything, in my realm on marketing, I get the best advise and insight from Christ. I'm sure your thoughts are echoed by many and that Pete will be most appreciative. Thanks for stopping by Jennifer. Scott Gould Right with you Mike. I found Pete's insights to be spot-on, and his candor truly refreshing.
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