Tuesday, December 29, 2015
Monday, December 21, 2015
Tuesday, December 15, 2015
Tuesday, November 24, 2015
What’s More Important Than Knowledge?
"Imagination
is more important than knowledge" – Albert Einstein
Why would one
of the smartest people in history say something so counterintuitive? We are
taught to depend on knowledge; that it is power. Furthermore, we are taught to depend on knowledge that was
created by others. We spend
countless hours studying and memorizing knowledge others conjured up in their
imagination. After memorizing what
we studied, our intelligence is assessed.
If we retained most of the knowledge created by others, we are deemed
intelligent.
However,
knowledge is from
Tuesday, November 3, 2015
Wednesday, October 28, 2015
Tuesday, October 27, 2015
Tuesday, October 20, 2015
What Do You Want?
What do you want? Is a simple question. It can be applied
to your career, marriage, friendships, recreation and life in general. While
simple, many of the answers people give may not be what they want. The answers
may be more of a sign of the times.
If we go back 150 years, in the US, when most worked on
farms, people may have wanted
Tuesday, October 13, 2015
How Important Is Alignment?
Whether your company has 10 or 10,000 people, everyone
needs to be aligned. It does not mean absolute agreement. It means “we” are
aligned on how to move the company, department or team forward. The first
alignment is to what the organization does. Do we make tires, cars or shoes?
Once we know the product or service, we can identify our target market?
While those questions appear simple, if everyone in the
company is
Tuesday, October 6, 2015
3 Things CEOs Should Know Before Changing Corporate Culture
There is a common belief amongst most corporate executives: “changing
corporate culture is one of the most difficult things to do.” Perhaps it’s so
difficult because it involves human beings. People are not as simple as
changing the oil in your car or the software in your computer. While
transforming culture may appear analogous to changing computer software, there
are complexities that make them enormously different. With that said, here are
3 aspects that outline some of those differences. Every CEO should consider them before initiating change initiatives.
People come with baggage: Unlike
software in a computer, people have been
Tuesday, September 22, 2015
The Road to High Performance
“If you pay in peanuts, you get monkeys.” – Anonymous
In a high performing culture, which comes first –
money or performance?
Doling out a salary of peanuts to your employees
may very well turn them into monkeys.
At the same time, you don’t want to overpay them either. Before you get
caught up in a chicken-egg paradox, you must realize that money alone will not
increase employees’ value proposition to the company.
After speaking with many retired CEOs, they have
all commented that it is
Tuesday, September 15, 2015
4 Things CEOs Should Never Do
There are many books written by people who
have a theoretical understanding of leadership. They write about
characteristics and ideologies that sound like common sense. Yet, putting those
abstract ideas into practice is almost never as easy as it sounds. After decades of leading organizations
and advising CEOs, I have seen leaders struggle to produce great results
through others. In some cases, they attempt to overcome the struggle with short
cuts. While some of those short cuts can give the appearance of control, they
often backfire. Here are four common errors that can
Tuesday, August 25, 2015
Here’s Why Some People Will Never Be Emotionally Resilient
Emotions have nothing to do with emotional resilience. What’s called
emotional resilience has everything to do with the conversations you have with
yourself. Before there is an emotion, there is a thought. That thought dictates
whether or not you have an emotion and what it will be. Therefore, it is the
Tuesday, July 28, 2015
How Well Do You Lead Your Direct Reports?
If you're the CEO, your direct
reports are critical to the success of the company. In fact, some may say direct reports are smarter than the
CEO. Yet, they can be the most
under utilized resource the CEO has. This happens more so if the CEO is very
smart.
Tuesday, July 21, 2015
Are Perfect Relationships Possible?
Thus far, we’ve established that nature is perfect. We’ve also established that human beings
are nature. Therefore, people are perfect. If we observe nature, it seems she
does not make mistakes, even if we don’t fully comprehend her plan. With that
said, how is it that two people who are essentially perfect come together in a
relationship that falls apart? In the US, more than 50% of marriages end in divorce. Nature does not divorce herself from us. She operates in cycles. She
wastes nothing and has an intention for every event, whether it’s
Tuesday, July 14, 2015
Build the Perfect Corporation
In nature, you find perfection. And everything functions according to its design. You don’t find
fish climbing trees nor do you see hawks running around on the ground chasing
its prey. The fish swim in water with precision and alacrity. The hawk uses
flight for surveillance of the land then swoops down on its prey and carries it
away. In nature, you see the fish and other animals operate with optimal performance as they function in the capacity they were designed to do. In corporations,
it’s possible to elicit optimal performance from employees. However, if you
squander talent in an organization, you will find less than optimal
performance. Squandering talent is
Tuesday, July 7, 2015
Is It True That No One Is Perfect?
Before
you respond to the title, consider the following. If you observe the universe, it’s perfect. The same is true for nature on our
planet. The collaboration between
the celestial planets and stars allows life to thrive in great abundance. With that said, if you look at human
beings, we are part of nature. In
fact, it could be said we are, like all animals, nature. If nature is perfect, that makes people
perfect. But…..
We
have been
Tuesday, June 9, 2015
Catching Unicorns
In mythology, the
unicorn was described as a wild and beastly horse-like animal with one horn.
Its horn was said to have the power to make poisoned water drinkable and heal
sickness. However, legends said the animal would rather die than be caught. If
you wanted to catch it, you needed a virgin. Leonardo da Vinci once wrote in
his note book, “the unicorn, through its intemperance and not knowing how to
control itself, for the love it bears to fair maidens forgets its ferocity and
wildness; and laying aside all fear it will go up to a seated damsel and go to
sleep in her lap, and thus the hunters take it.”
Since the unicorn is a
rare breed of animal with magnificent powers, it is the perfect analogy for
people who are considered
Tuesday, June 2, 2015
Why Is It Difficult to Think Like A CEO?
From the outside, it appears CEOs have it made.
In fact, some believe their job is to fire and hire whomever they want. One CEO
I know told his daughter that he does not like to fire people. He cautioned her
that if she ever works for a company where the CEO likes to fire people, she
should run. If the job of a CEO is not about hiring and firing, what is it about? Do they possess special talents that most do not?
To start, most people believe seeing is believing. That belief becomes the first
Tuesday, May 26, 2015
Words Managers Are Afraid to Say
There is a huge impact on the organization when the managers
are not having the right conversations with employees. If critical conversations are avoided
because management feels they lack sufficient knowledge in that area, the
company could be operating with blind spots. So the notion of being afraid to
tell your people you don’t know, you were wrong, or ask them, “what do you
think?” or “what would you do?” is a formula for a struggling organization.
I have seen smart managers come up with all the
answers. In the end, his employees
became
Tuesday, May 19, 2015
Why CEOs Should Make Themselves Obsolete
The long-term success of any organization is inconspicuously built into succession planning. Succession
planning requires delegation and constant development of key personnel. If the CEO has served for five years or more and there is no apparent successor to him, the company is exposed to a liability.
For some CEOs, succession
planning is code word for
Tuesday, May 12, 2015
Why You Should Never, Never Quit!
At first
people refuse to believe that a strange new thing can be done, then they begin
to hope it can be done, then they see it can be done - then it is done and all
the world wonders why it was not done centuries ago. – Frances Hodgson Burnett
Even though the
world is filled with brilliant people who have valuable ideas, this quote is
the dilemma that every creative inventor faces. Perhaps it is the reason, many
ideas
Tuesday, April 28, 2015
Building an Effective Board of Directors
A board of directors can be very beneficial for the growth
of your organization. While there are benefits, there are also pitfalls.
Whether you are a nonprofit or for profit enterprise, before you choose
members, it’s important to be clear about the role of the board.
In smaller nonprofits, the intent may be to have a
Wednesday, April 15, 2015
The Hidden Danger of Not Delegating
Successful leaders aren’t afraid to admit that someone else
can do their job. It may sound counter-intuitive, except, to be able to grow
and take on new responsibilities, you have to be able to shed your current
tasks and re-invent your job description. You have to make yourself obsolete by
growing and delegating.
We all know how good it feels to be the go-to person for a
specific set of responsibilities. However, if you’re still
Tuesday, April 7, 2015
3 Secrets to Successful Mergers & Acquisitions
Mergers and acquisitions
can be a great way to grow a business. It is an effective way to grow market
share, acquire technology or talent, expand into new geographic locations,
increase economies of scale, etc. It also has drawbacks. Aside from it being an
expensive way to grow, it is a marriage of two companies that have preexisting
identities and cultures. Effectively combining the two to make one new
organization has been a challenge for senior leaders over the decades. In fact,
more than
Tuesday, March 17, 2015
What Is the Almost Inescapable Trap of Success?
In another conversation with the wisest man I know, he
provided an insightful view of what it has meant to be human. From childhood,
we are told what it means to be human. Except, no one knows how the idea of
being human was created. And we live with the belief that what we have learned
about being human is the truth that has been written in stone.
In this conversation he got straight to the point. It was as
though he had been waiting with abated breath to expound on his discoveries and
recite them to me in a way that would disrupt what I called reality.
He said the following: People seek
Tuesday, March 10, 2015
The Boss’ Perspective on Being the Boss
Sometimes you hear about managers who do not communicate
clearly or effectively. They may
be concerned that people know they lack knowledge about a topic. As a result, the manager keeps thoughts
to herself. Other times, a leader
may be afraid of being wrong. So
they do not allow for engaging conversations that promote disagreement. When this happens, there is a much
larger impact on the organization as a whole if the managers are not having the
right conversations with employees.
The obvious outcome is a dysfunctional organization where no
one communicates clearly because leadership has set the tone. I ask that you consider other important
issues.
As a manager, you should be thinking about
Wednesday, March 4, 2015
How to Avoid the Yes-Man Culture
The dilemma for many CEOs is that
they initially moved up the ladder because of their ability to solve problems
and drive solutions. They are used to having the right answers and having their
expectations met. While that is a great position to be in, there is a flip side. When you learn to trust yourself and you are usually right, you expect
others to follow you and the yes-man culture is born.
The yes-man culture gets its name
because people become accustomed to doing things the CEO’s way. Employees
assume that the CEO will always
Tuesday, February 24, 2015
Do You Train for Your Profession?
A formal education is a great place to gather information. To ensure we memorize that
information, we are given homework and class assignments. Then the instructor
administers tests to see how much information we retained. If you pass those
tests, many believe they have earned the title of being the best at their
craft. What those people fail to realize is that they only know information. To
be the best, takes training and practice. In most cases, that requires a specific
focus on initiatives to develop mastery of skills and competencies.
While a
formal education is important, it is not necessarily the path to master one’s
craft. Education provides information and information does not cause action.
For example, many people have information on how to
Tuesday, February 17, 2015
Are You Stuck and Don’t Know It?
I often tell people they have nothing to do with what they think,
say and do. As you can imagine, the overwhelming majority refute that
statement. They make the claim they have everything to do with what they think
and do. In fact, they believe they have control over themselves. I say control
is a myth and it’s a waste of time to focus on it. If you think about it, one
cannot even stop the bedlam that occurs in one’s mind. Take it a step further –
each of us has inherited that bedlam. Here’s how it starts...
When someone claims to be in control of themselves, I ask a series
of questions. The questions begin as follows:
Tuesday, February 10, 2015
Is It Ahead of the Curve or High on the Curve?
On June 14th, 2011, the Wall Street Journal published an article
about Miracle Gro. They said “Scotts Miracle-Gro Co. has long sold weed
killer. Now, it’s hoping to help
people grow killer weed.”
Miracle-Gro generates 64% of their revenue from home
improvement stores like Home Depot. However, with people hesitant about the economy,
sales are down. So the CEO of Miracle-Gro, Jim Hagedorn, says he is looking for
Tuesday, February 3, 2015
What’s Better Than Self-Actualization?
For most, constant
improvement is satisfactory. It’s a way to become better over time and progress
to self-actualization. For an extraordinary person, breakthroughs and world records are a source of empowerment. It is not simply about improvement. Most
people explain those results away with things like luck, right place at the
right time, genetics, family had money, etc. Perhaps the key that distinguishes
those two groups is the very thing most people avoid. What could be so
important? Yet, so discouraging?
Tuesday, January 13, 2015
What If We’ve Misjudged CEOs?
In the 1950s, the US was responsible for approximately 30% of
international trade. Today, the US accounts for only 10%. After WWII, much of
the world was in shambles. They depended on the US to supply capital, labor,
services and materials. In the 21st Century, those same countries that depended
on us are our competitors.
The CEOs of the 1950s had it easy compared to CEOs of the past 20 years. Business was predictable back then. Market size and customer
demand grew at a steady and manageable pace. In today’s global
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