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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.,
That’s a shame because the aviation industry as a whole still continues to be an industry model for how to operate with extremely high reliability despite having a highly fragmented set of organizational entities. The biggest challenge for companies when it comes to operational excellence is siloed behavior. Recall how the U.S.
These silos are staffed with legions of “tenured&# COBOL and C++ programmers, as well as &# tenured&# IT managers overseeing the operation. You see tenure is not synonymous with loyalty, but rather is more often a measure of compliance and survival. Walking into these organizations is often like traveling back in time 20 years.
The CFO candidate might get by with only a broad sector experience in manufacturing, finance, or technology. If the position is operational, hire an operations manager and a finance head. . Equally, your search consultant can further reinforce development, so engage them to followup actively with leadership development.
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? I Think Not.
Astute investors mitigate risks and help to insure operational success by adding value to the business model, and by filling gaps that may exist in any of the areas I mentioned in the opening sentence of the preceding paragraph. I probed further to ask if they considered holding similar events for the CFOs, CIOs, CSOs, CTOs, CMOs, etc.
Following is the methodology used in selecting this year’s winners: Peer recommendations and interviews. Find HR’s hand (in a good way) in everything as an enabler and contributor to operations flowing all the way through to customer/client satisfaction. Impact, growth, and performance of the organizations they lead.
Posted on January 21st, 2011 by admin in Leadership , Miscellaneous , Operations & Strategy By Mike Myatt , Chief Strategy Officer, N2growth Entrepreneur, CEO or Both? I’ve heard it said that the role of a leader is to create and manage good followers. Which hat, or hats do you wear?
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.
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. Is the source reliable and credible?
If you crush the individual character and spirit of those who form your team, how can your team operate at its best? The following perspectives if kept top of mind will help in identifying and bridging positional gaps: Respect leads to acceptance. Accepting a person where they are, creates an bond of trust.
In the list that follows I’m going to share with you 6 leadership characteristics that require absolutely no talent or ability, but that must be present in order to succeed over the long-haul as a leader. Show-up : You can’t make a difference if you don’t show-up. I don’t ever remember dogging-it again.
If you follow this advice not only will you become better informed, but you’ll also become more popular with those whom you interact with. You’ll also notice that when intelligent people do speak-up it’s not to ramble-on incoherently or incessantly, but usually to ask a question so that they can elicit even more information.
In the end, we are leaders only if others choose to follow. Make sure your walk is heading to a great place; a place worthy of being followed to. link] Meredith Bell I had the opportunity to meet Kevin recently at a conference and had a follow-up phone conversation with him. How does your walk prove it? I Think Not.
In the text that follows, I’ll take a closer look at the value of contingency planning… The reality surrounding the success of any implementation is found by understanding that no matter how smart you are, things rarely go as planned. I Think Not. mikemyatt: RT thx @ArtieDavis @MarkOOakes @words4warrio.
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.)
If you take what follows to heart, it might just change your world. In the text that follows I’ll examine the softer sides of leadership – love, compassion, humility, kindness and empathy. Form this action habit, the leaders heart will eventually melt and the feeling is sure to follow. Starting to get my drift?
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. All those followers and connections don't really have meaning except to make one feel important and/or popular. I Think Not.
Following are a few links to other posts that deal with these topics in greater detail. maybe sincerity [link] Taariq Lewis Mike, as always, a great follow-up with great insight and additional resources. Many times some followers look for reasons to judge or excuse their lack of honor. Thanks for sharing Taariq: [link].
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. Put simply, good leaders don’t tolerate gossip. I Think Not.
If you’re still asking these questions WAKE-UP – get your head out of the sand, and stop broadcasting your ignorance. Anybody can amass tens of thousands, if not hundreds of thousands of followers just by following as many people as they can and waiting for them to reciprocate. News Flash: you can’t.
These CEOs can often go undiscovered for great lengths of time before their poorly constructed vision bubbles-up to the surface, by which time it is often too late to repair the damage. It is seen my the followers ABOUT the followers. However worse than the CEO with no vision, is a CEO with the wrong vision. Thank Bridget.
In the text that follows you’ll find the truth about toxic cultures… A toxic work environment thrives off of everything that great leadership stands in opposition to. It’s also important to understand that a toxic culture cannot exist if toxic people are not allowed to take up residence. 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.
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.
In fact, I would go so far as to say that CEOs who are not consistently reengineering elements of their business fall into one of the following two camps; 1) They have a perfect business, or; 2) They are an ineffective CEO. That is the question that many a business is forced to ask at some point during their life cycle.
If you’re looking to benchmark your leadership ability the following self examination will give you a baseline to build from. Great leaders don’t major in the minors and understand that the main thing is to keep the main thing the main thing…Great leaders are committed to not losing focus and not giving-up.
If the individuals placed in charge of executing key objectives, deliverables & results are not excellent leaders, you are simply setting yourself up for failure. And many young leaders lose focus on the team goal and focus on either being popular with their team or following the rules. What say you???
I was recently asked the following question: “What is the difference between CRM and CEM, or is there any difference between the two? Howard Schultz is known to show-up at various Starbucks locations and stand in line to order a coffee to measure the quality of his experience. Scott [link] mikemyatt Hi Scott: Thanks for comment.
If you’re not tracking with me yet, ask yourself the following questions: Do you send an email when you should make a phone call, or worse, do you hide behind the phone when you should be face-to-face? You brought up what is in my opinion one of the most dangerous statements in business: "that's what we've always done."
The following six tips will help you successfully become skilled at managing board relations, which will lessen your burdens, extend your shelf-life, and improve your performance: Understand the Landscape : Regardless of make up, your board is likely composed of successful and influential people.
I seldom think its better to be confident and lowly in heart because that alone can earn you the respect of your people or followers. I think not. While confidence can be mistaken for arrogance, and vice-versa, they are clearly not interchangeable terms. Confidence can mislead if no understanding exist. I Think Not.
I agree that actions speak louder than words and lead by example is a great way to generate committed followers. They're the ones on behalf of the team who step up and do a faceplant with an oncoming tomato. You bring up some great points about leadership and responsibility. Thanks, Sami impassioned Hi Mike.
When it comes to the construction of messaging, I have found that people will tend to fall into one of the four following groups. It takes a blending of approach to craft the right message and this will not happen when operating in a vacuum. db Mike Mike: Some people are just worth following because they "get it."
However in the text that follows I’ll address how to spot ineffective leaders by assessing six critical areas of leadership DNA. 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.
For most of my career, I operated within intensely competitive arenas where fractions of market share points were worth millions of dollars. The companies that employed me were generally the underdogs in battles against bigger, better-financed organizations. Even when you pull ahead, run up the score. We thrived.
The following fundamental concepts of influence, which if properly understood and implemented, can help anyone become more efficient, productive and successful: 1. 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.
Instead of beating yourself up or giving in, it is critical that you develop the ability to learn from setbacks. Following are 4 things to consider when setbacks do occur: Be honest enough to acknowledge what has happened. You will face physical, mental, financial, relational, and resource challenges among others. I Think Not.
The actions by Ramsey’s organization and the lack of transparency from either man raise questions in the Christian business, personal finance and leadership communities. However, in amicable transitions websites can (and typically do) remain up and operating as normal throughout such a transition.
While you may find it hard to believe, I don’t have anything against buzzwords, techno-jargon, colloquialisms, acronyms and other forms of business-speak with the following caveat…that they are used in context, and by someone who possesses an underlying knowledge of what the phrase de jure actually means. I Think Not.
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. You might also enjoy the following post which takes deeper dive on the topic of humility: [link].
In fact, there are some very bright people who believe you cannot become a good leader without developing a mastery for using the word no as evidenced by the following quote from Tony Blair: “The art of leadership is saying no , not saying yes.” No is not all it’s cracked-up to be…Still don’t believe me?
While many people immediately conjure-up an image of the ever so confident, bombastic extrovert without an ounce of humility as the picture of what constitutes a real leader, nothing could be further from the truth. He said that servant leader will consider the priorities of his "followers" or team, first. Be grateful.
Let me ask you to spend a few minutes and mull over the following questions: Do you understand the difference between success and significance? I really do think that people mix the two up on a very regular basis. Did the attainment of your 2010 goals lead you closer to success or significance? link] mikemyatt Thanks for sharing Ron.
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