Simplicity trumps Complexity when it comes to making things happen

Our contemporary business landscape is has increasingly swift transformations and growing complexity, driven by factors such as rapid technological progress, globalization, evolving consumer preferences, and a volatile competitive climate. Businesses and individuals must comprehend and make decisions amid a vast interconnected network of variables, often with incomplete information and under the pressure of stringent deadlines. Modern business is complex. Within this demanding environment, the potency of simplicity, especially as encapsulated in mental models, should be strikingly evident.… Read more

Strategy 101

Strategy professor Michael Porter said:

Strategy is about choices: you can’t be all things to all people.

 

 

Porter, author of Competitive Strategy, is widely known in business circles and is thought of as the father of modern business strategy theory. His central thesis is that businesses can create and sustain a competitive advantage in the marketplace by following one of two strategic choices: 1) cost leadership or 2) differentiation.… Read more

The 8 most important things a BOD must do.

Ive sat on Boards of Directors (BOD) for the last couple of decades and all to often I’ve seen battles between board members who really would prefer to run the company.

Running the company is the role for Operational Executive staff, not for the Board. So if running the company isn’t was a BOD should do, what is?

Whether you’re a BOD member of a new start up, or a SME, of a multinational, knowing exactly what you are really responsible for is critical to ensuring a successful business.  … Read more

7 Habits of successful new General Managers

One business book that I recommend consistently is Steven Covey’s 7 Habits of Highly Effective People…  and despite being around a long time it’s still a great book, for being simple and powerful at the same time.

For the new General Manager,  let me channel Covey and suggest 7habits of my own.

As the newly promoted GM what habits should we take on from Covery to be successful?… Read more

Telltale Signs of poor eQ

I really had poor eQ when I first became a General Manager.  I was promoted for my functional skills rather than my leadership or people skills and I really struggled in my first years.

Looking back, the one tip I’d wished I’d received is about the importance of eQ in developing a great team, and a simple means of assessing your own eQ and those of the people around you.… Read more