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Consider all the presentations/meetings you’ve attended in the last few weeks; was it the people who were able to articulate their positions in a simple and straight forward fashion, or the individuals that made things complex and tedious that got traction with their ideas? What say you? Related Post: How Dumb is Your Business?
Integrating young talents into decision-making processes allows organizations to tap into valuable insights, especially pertinent in sectors like fashion, food, and retail, where younger consumer preferences are pivotal.
Most people tend to look at acquisitions from a rather myopic and traditional M&A perspective: making a strategic or synergistic purchase of an operating entity on an accretive basis. However restricting your view of acquisitions to operating companies is like playing a football game with only one play in your playbook.
When I hear a CEO complain about a lack of revenue growth while maintaining a small sales force supported by paltry marketing investments, I’m left shaking my head in wonderment at how such a huge blind spot could possibly exist. You see if the project/initiative was worth planning and implementing, it should have been worth resourcing.
Leadership is a full-contact sport, and if you cannot address conflict in a healthy, productive fashion then you should not be in a leadership role. By actually seeking out areas of potential conflict and proactively intervening in a fair and decisive fashion you will likely prevent certain conflicts from ever arising.
If you really want to understand a leader’s perspective on the market, ask them about their competition. While some companies talk a good game with regard to competitive strategy, in my experience very few businesses actually address the issue in adequate fashion. that can cause disruption in the market.
To do that, we had to lean into a “brand renegade” mindset and apply it to our daily operations. Thora Dowdell was formerly in marketing and sales before becoming a business partner with Sean, initially in the music recording industry and later in Club Tattoo. How it’s always been done” was never our standard.
Popular business axioms and management theories are thrown around in such cavalier fashion these days that they can actually result in flawed decisioning. Let’s look at this from another angle…Why would you want to do business in the same fashion as your competitors? As an example, Look at Apple! But manufacturing?
In Covey’s classic illustration below, you’ll find a simple chart to use as your guide. Another part of the art and science of delegation is understanding how to effectively delegate to others in a fashion that sets them up for success and not failure.
He went on to explain that this kind of feedback was confrontational and would only be accepted and processed by the recipient if it was delivered in an extremely caring fashion. DaVita operates more than 1,800 dialysis centers and employs over 40,000 people domestically. He called it carefrontation.
In the same fashion that being the source of gossip is destructive, so is furthering the damage by ratcheting up the rhetoric by participating in gossip. If someone comes to you about a problem with another person, immediately redirect that individual back to the person in question.
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.
Social media expands my reach and influence and allows me help people I would not otherwise interact with in a meaningful fashion. Among the many things that make leadership more challenging today is the global market in which leaders must compete. Mike Myatt : What’s been the most rewarding aspect of your work in the leadership field?
I am a huge fan of the benefits of professional development gained from good old-fashioned reading. With the plethora of reading material on the market today it is not a simple thing to make sure that you’re covering all the bases in a time efficient fashion. Social Media Marketing an hour a day – Dave Evens 7.
Lack of Focus and Follow-Through : Those leaders who lack the focus and attention to detail needed to apply leverage and resources in an aggressive and committed fashion will perish. Not Customer Focused : Leaders not attuned to the needs of the market will fail. Successful leaders focus on customer satisfaction and loyalty.
He asked a question and then went around the table in an orderly fashion getting input from the attendees. Before we blame the CEO as a bad, old-fashioned leader, let’s check again: all other people complied. Some companies “magically” have great cultures induced by heroic leaders and, thus, dominate their markets.
As team life spans continue to shrink in response to faster industry/market changes, how can leaders not only ensure team cohesion, but adapt to the changing team and personality dynamics that inevitably occur when old team members leave and new ones join?
I’ve addressed this topic before, but perhaps not in this fashion…True leadership is dedication to something beyond self. The act of operating in the truest best interest of others is the issue. Thanks for the astute observations Mark. Mike Henry Sr. Thanks for the great post. You're right on regarding love.
In today’s highly competitive global market, creativity and collaboration are becoming more and more valued as the necessary ingredients for organizational success and growth. The reason for this is that our brain operates as a predicting machine; it likes to anticipate what’s going to happen next.
Experience, while a great teacher, can nonetheless result in a very costly education that rarely occurs in a timely fashion. Great work Mike… [link] mikemyatt Hi Rob: Thanks for the kind words Rob. Hopefully this piece will spare others unnecessary brain damage. Thanks for stopping by Rob… [link] Principal (le?)
No serious strategic moves will be made without them being part of the decision-making; however, markets, customers, supply chains, manufacturing processes and everything else in the age of “digital connectivity” changes too fast for a traditional organization to react in a timely fashion. This is leadership!
A good present-day example of this type of leadership can be found in Virgin Group Ltd, a very successful corporation renowned for its presence in a wide variety of global markets. Art Gould is a division manager with Self Storage Company, which operates a group of websites, including a Nashville self-storage locator.
Become a part of them as opposed to a vendor to them …This is a difficult concept for old-school marketers to get their arms around, but a critical one nonetheless. link] mikemyatt Again, thank you for the kind words Awinash and I hope I've helped in some fashion. Thanks for posing the great questions Awinash.
If you crush the individual character and spirit of those who form your team, how can your team operate at its best? By actually seeking out areas of potential conflict and proactively intervening in a well reasoned and decisive fashion you will likely prevent certain conflicts from ever arising.
My willingness to engage with others about property values, the local housing market, and the value I bring to helping someone buy or sell a house is what motivates me to do this activity, when I would rather be sitting in the air-conditioning somewhere with a large iced tea, watching the clouds float by overhead. COMMUNITY DISCIPLINE.
The reality, though, is that these thoughts are only serving to fuel our fears about the current situation, thereby limiting our willingness or capacity to address it in an appropriate fashion.
There’s no question that given the faster-pace at which organizations have to operate – along with the increasingly short-term lens through which decisions are now being made – it’s becoming easier for leaders to fall into the trap of making all their communications one-way in order to expedite matters.
Plenty of proactive companies are shifting and adjusting their operations to incorporate sustainable practices. In today’s ever-changing and dynamic world, businesses no longer have the option of taking sustainability practices lightly if they seek to survive in the market. Improved operations and lower expenses.
By actually seeking out areas of potential conflict, and proactively intervening in a fair and decisive fashion, you will likely prevent certain conflicts from ever arising. If conflict does flare up, you will likely minimize its severity by dealing with it quickly.
only to fail in miserable fashion. They get the job done, they stand out from the crowd, they don’t need identifying – you know who they are. I’ve seen many an executive or consultant attempt to identify leaders with interviews, tests, evaluations, etc., I’ve never been a fan of what I refer to as “make-work” disciplines.
Long before it became fashionable, Saul was leveraging the power of business models in his career. That’s why we see so many good ideas either not make it to market or not for long. Saul urges us to also create a shared operating model on HOW value will be delivered. It provides everyone with a common mission and purpose.
Parents are raising their children in the same fashion and we are breeding a world where people cant take rejection, and people or managers who do say no are bad or don't practice "intellegent leadership."
Luca de Meo, as head of marketing at Volkswagen AG, created a series of two-day events called Marketing Works! which were solely aimed at creating a strong collaboration ethic and served as a chance for assembling people from all over the world who had deep histories of working separately or in the fashion of a linear fire brigade.
It could provide you with the chance of growing your market share. Do you want to grow your market share? Nevertheless, careful preparation can ensure it is a smooth operation. If these milestones are tied together with incentives, employees and managers will be more motivated to get it all done in a swift fashion.
Embrace intuition and alignment, ignore anything that does not enable the achievement of your vision – Your strategic planning must provide a path to full alignment of business operations and the furthering of vision achievement. Anything else amounts to little more than chasing the “next shiny object.”
One key finding of the study is that CEOs with high levels of self-assessment (or CSE) pursue risks in a differential fashion that depends on their particular market’s characteristics,” the researchers explain. By contrast, when these bosses operate in environments that are not dynamic, they’re more likely to follow the pack.
The next time you have one-on-one meetings with your staff, set aside the routine agenda of operational updates and project statuses. Soliciting input from employees once or twice a year in this fashion can be an effective way to highlight issues and ideas that might not otherwise come to light.
High on the list is weak marketing, weak management, and weak strategic discipline. Maybe it’s because the leaders of these enterprises didn’t believe they could succeed the old fashioned way. Porsche is enjoying a vibrant auto market. There’s a host of reasons why great brands decay. I could add a dozen more.
Example: Worked closely with marketing team to revise the creative direction on five projects. Authorized. Carried out. Controlled. Consolidated. Emphasized. Established. Overhauled. Example: Consulted internet startup as it grew to 20,000 customer base. . Arbitrated. Highlighted. Illustrated. Instructed. Interpreted. Negotiated. Publicized.
“This kind of troll does not need to hide in the dark web or a black market; this troll is employed in the politician’s in-house team, or a PR firm or a digital marketing company.” ” Trolling business models. “This has enabled them to downplay the political and moral consequences of what they do. .
If colleges are to resume operations in the fall, it will not be normal as they wish it to be, but rather, it will begin to reflect college-in-the-new-normal. For colleges to resume operations in the fall in a safe and affordable manner for their client-families and students, these are my 5 Step Actions to Require of Colleges.
The online world operates around the clock and people expect to receive a quick response when they request it. Offer to deal with the issue in an off-line fashion, out of the public eye, when you acknowledge the problem. In a competitive market. Let’s look at how to deal with them below: Respond Quickly.
Customer contacts, payment details, marketing data, product inventories, supplier information, and more. All this data is essential for maintaining your business operations and keeping customers happy, and it has become an integral asset for companies, big and small, all over the world.
Email is by far one of the best digital marketing solutions to have in your toolbox. While email marketing is definitely not rocket science, there IS a certain degree of skill and artistry involved in crafting a winning email campaign. Savvy marketers understand this. Boring the Audience. Confusing the Audience.
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