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Indeed, executives often see themselves as industry or functional domain expertswhether in tech, health sciences, finance, or as an engineer, designer, or head of operations. For example, evidence shows that for most of us, operating on fewer than six hours of sleep is equivalent to operating while drunk. In the U.S.,
Top Executive Coaching with Tony Mayo About Tony Mayo Newsletter Sign-up Sections Client Comments For Executive Coaches For Executives For Fun For Salespeople Quotes and Aphorisms Recommended Books Technology Tips Videos & Podcasts Popular Posts Twitter Log IX About Tony Mayo Truth or Consequences? Add it as a comment.
Management teams are always looking at the bottom linealways. Lets do the math Im not saying this to scare youIm saying it to wake you up. Over the years, youve moved up, earned those raises and promotions, and you deserve every penny. If youre still operating like its 2010, thats a problem. But it's also an opportunity.
Leaders who don’t understand the value of distributable and actionable knowledge not only limit opportunities, but they’re also building huge contingent operating liabilities. There is an old technology axiom that states “usability drives adoptability&#.
And the bottom line is that trust is anything but soft. Technology, social media, and the digital economy have resulted in trust incidents becoming increasingly visible to the general public. Customer satisfaction occurs when a companies products and services live up to brand promise thereby improving reputational value and trust.
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. Bottom line…success equals focus. I Think Not.
Underinvestment in Technology. Because Southwest Airlines seems to have the worst, most outdated operatingtechnology in the industry. Failing technology. A company of Southwest’s scale does not get this far behind in technology without repeatedly ignoring the advice of their IT department. Overcompensate.
These silos are staffed with legions of “tenured&# COBOL and C++ programmers, as well as &# tenured&# IT managers overseeing the operation. These companies have placed themselves far behind the technology curve because tenured managers hire employees with obsolete skill sets and together they create mediocre solutions.
Bottom line…Just because a business has a particular advantage doesn’t mean that it can disregard sound business logic. Great businesses are in constant search of improvement, innovation, change, disruption, knowledge and other strategic leverage points that lead to a competitive advantage or operational enhancement.
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. The bottom line in regard to today’s thoughts on business modeling can be summed up in the following three points: 1.)
Amazon’s business model has not only turned the retail industry and cloud computing inside out, but now its tentacles are squeezing media and advertising, and disrupting the state of technology, the economy, job creation, and society at large. It speeds up in some sectors and slows down in others.
Leading executive search firms operate in very specific ways to find top leaders who can take a company to its desired future state. While executive search firms have been around for decades, there’s been a recent, revolutionary shift in the ways executive search firms operate. How do executive search firms work?
In stressful circumstances, as leaders, we need “to be the person to pull others up, set the right tone, and keep everyone else on track.” Here’s the bottom line : We can’t—and shouldn’t—erase emotions from our lives. When you are in a position to make the lives of the people around you better, step up.
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.
Posted on March 24th, 2010 by admin in Miscellaneous , Operations & Strategy By Mike Myatt , Chief Strategy Officer, N2growth Is the customer really always right? Lost Ancillary Revenue : On average, a single account is good for a 30 -40% cross-sell and up-sell revenue increase over time as new products, services, joint ventures etc.
Bottom line…the way you identify leaders is not through psychological profiling or some miraculous transformative process. We must slow down the technology speed and its consequences. They're the ones on behalf of the team who step up and do a faceplant with an oncoming tomato. Thanks, Sami impassioned Hi Mike.
Vukelic notes that boutique firms create team structures to work on projects, and their “top-to-bottom” approach offers the client extraordinary attention to detail. This sets both the client and candidate up for success on the first go-around, saving everyone involved valuable time, money, and energy.”. Typically, Ms. Earlier, Ms.
Forbes the Worst CEO Screw-ups of 2012. Valuewalk says it “used our own proprietary technology to make the final decisions.” The people there used an NCAA basketball-style bracket and had readers vote to come up with their champ: Zynga’s Mark Pincus, who made all of the other lists. Valuewalk’s Worst CEOs of 2012.
Bottom line…if you have high employee turnover (see “ Cutting Employee Churn “), a fractured corporate culture, a lack of leadership development and mentoring programs, regressive compensation programs, and a lack of C-level focus on talent then talent cannot be your biggest asset. I Think Not.
They were the born leaders we all grew up with. I meant this post to be more of a thinking exercise than a choosing-up sides and fighting till the bitter end drill. They were your class presidents, team captains, club leaders, and the people who held virtually all the available leadership positions you can imagine early in life.
The most important job for startups is to focus on their (probably one) product and to subsequently scale up. Optimizing innovation makes up the majority of what established organizations already do today. Continuous optimization, both on the operational side and the customer side, is good and important -- in the short term.
It’s also important to understand that a toxic culture cannot exist if toxic people are not allowed to take up residence. Bottom line - toxic individuals kill productivity, and if allowed to run unchecked can have a much broader and deeper impact on an organization than one might think. I Think Not.
From my perspective, the issues surrounding conflict resolution can be best summed-up in three words…&# Deal With It. &# While you can try and avoid conflict (bad idea), you cannot escape conflict…The fact of the matter is that conflict in the workplace is unavoidable. If so, you likely have issues with conflict.
Bottom line…personal responsibility and accountability have always been the ultimate leadership “hot potato&# in that everyone wants to be in charge, but few are willing to take ownership of the never-ending obligations that go along with the privilege of leadership. What say you??? 2 Tweets Who’s In Charge?
With the continued rapid development of technology taking the concept of globalization and turning it into hard reality facing businesses of all sizes, it is time for executives and entrepreneurs to examine their current business models from a disruptive perspective. Keep up the good work Mark [link] mikemyatt Brilliant commentary Mark.
Managers will increasingly need to take up more innovative roles to manage disparate and dispersed teams. The Pandemic forced almost all organizations to transition to work from home , but with the waning of the disease, the solutions being thrown up were a mix of in-office and off site work weeks. Operations Before Experiences.
As I’ve said many times before, things don’t always have to boil down to either/or types of decisions – not everything must end-up on the altar of sacrificial decisioning. Bottom line…check your motivations. With the proper perspective and focus it is quite possible to be both efficient and effective. Effective (N2Growth) [.]
The second trend is technology’s recognition of the first trend. First is the time pressure for our attention. People simply don’t have the time to listen to, or read, unnecessarily long forms of communication. Emails, voicemails, instant messages, text messages, blogs, Tweets, Facebook updates, etc., I Think Not.
Bottom-Line… [link] Dr Sarah Morris Great post! I think not. While confidence can be mistaken for arrogance, and vice-versa, they are clearly not interchangeable terms. Ramzi I think arrogance is a sign of lack of self esteem. I Think Not. Whos Reading N2growth Twitter Updates mikemyatt: Poor work requries a lot of explanation beca.
I was struck not only by their disciplined approach but also by their freedom to discover, develop and design within broad operating parameters—conditions I did not typically associate with large, for-profit corporations. There I observed a wide array of Abbott executives, scientists and managers.
As the old saying goes “you only get one chance to make a first impression,&# and often times it is the perception of appearance that determines whether or not you are even afforded the opportunity to get up to bat. The truth is most people when first meeting someone will quickly attempt to size them up. Clogston Hi, Mike.
Organizations have undergone massive shifts over the last decade in terms of how they operate. Work spaces, technology, demographics, cultural sensitivities, and remote working are but a few of the areas that have changed. They prefer a bottoms-up approach, and want to feel involved and valued in the workplace.
Bottom line…unproven leaders come with a high risk premium. Bottom line – leaders who build a static business doom themselves to failure. Someone who has consistently experienced success in leadership roles has a much better chance of success than someone who has not. Visit [link] to learn more about the leadership system.
While many people immediately conjure-up an image of the ever so tough, bombastic extrovert without an ounce of compassion as the picture of what constitutes a real leader, nothing could be further from the truth. The act of operating in the truest best interest of others is the issue. Starting to get my drift? What do you think?
That said, I have little use for social networking junkies who collect friends/followers/contacts just for the sake of watching the numbers go up, while adding little or no value to their network. We have all been the victim of somebody's saved up tweets-all blasting out at one time. And then the cynic in me emerges.
And to top it off, they have no technical experience to operate their own machines. Stop hiding behind the old and antiquated belief ‘you’re above all that mundane stuff’ — you’re too important/elevated to have to know/understand your own technology. Grow up and learn your tools inside out. You should have done it YEARS ago.
No is not all it’s cracked-up to be…Still don’t believe me? It means your vision is not understood, your team is not aligned and your talent is not performing up to par. Bottom line…Yes is not a sign of weakness – it’s a sign of intelligent leadership. It is you who have made assumptions.
How many times have you put up with, or overlooked certain weaknesses in people because of their considerable strengths in other areas? The sad thing is they don’t just exist on the golf course… My bottom line is this…real leaders don’t accept mediocrity - they constantly seek improvement. Know the type?
And yes, we began to see a trend develop from the lens of professionals who work in the trenches every day on finding and developing talent; the bottom line seems to be, it is all centered around understanding the power of people-centric leading. One crucial trait for a high performing organization is understanding and embracing resilience.
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. I Think Not.
The world of business is becoming ever more competitive, resulting in business owners scrambling to find ways in which to stand out, streamline operations, and hold onto the best talent. The secret to ticking all of these boxes and optimizing the potential for business growth lies in investing in the right technology. Customer service.
Posted on November 29th, 2010 by admin in Miscellaneous , Operations & Strategy , Talent Management By Mike Myatt , Chief Strategy Officer, N2growth Bonus or no bonus? I believe that it can actually be both, but that decision lies solely with the employer, and is not really up to the employee no matter how much they might feel it is.
Bottom line…Don’t manipulate for personal gain, rather facilitate for mutual benefit. It's sad that many potential leaders look past this and end up frustrated when they can't get people to act, little do they know they haven't developed trust. Thanks for stopping by David. link] Charles Hey Mike, you hit it right on.
The bottom line is this…Bleeding is not a healthy thing. That is the question that many a business is forced to ask at some point during their life cycle. Current or anticipated changes in market conditions that will adversely impact your business model. I Think Not. mikemyatt: RT thx @ArtieDavis @MarkOOakes @words4warrio.
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