The most critical challenge becoming a new manager, having a new team member join you or the challenging move from being a team member to becoming team leader is how to get your team to follow you? In my experience this is the most challenging facet of leadership, managing interpersonal relationships before trust is established. And while we always say build trust; rarely are there practical suggestions on what to do.… Read more
Leadership lessons of Anna Wintour
Whilst preparing for two ”leadership laboratory’s” I’m reading up on leadership.
Here’s a great read about a very successful if much maligned style- if based in results and devoted follower-ship. Many will argue that her style is old fashioned- both in terms of clothing and management style. But few will argue with her consistent results and consistency of leadership. If you work for her, her leadership style certainly shouldn’t be a surprise – see here or here and is remarkably consistent.… Read more
When’s your most productive time?
My most productive time – having Teh-C and planning the day before 8am.
I’m crafting a video introduction to an upcoming SMU-ExD Executive Development session on strategy… how can I impress on my Middle-manager participants how IMPORTANT strategy is to them, and how their job revolves about being a strategy carrier for the organisation. First in INQUIRY mode by providing senior management with real insights into what’s happening in the real world and the in ADVOCACY mode cogently engaging with front liners about how to use the strategy to create beneficial outcomes?… Read more
Let zombie unicorn Uber die… to let profitable businesses survive
The coronavirus has crushed the major drivers of Uber’s urban car services demand, including business travel and discretionary urban entertainment (clubs, restaurants, etc.). Their customers remain highly concerned about the health risks of all forms of public transportation.
Last Thursday, Uber announced a first half 2020 GAAP loss of $4.7 billion with a GAAP net margin of (-81%). Uber’s “official” full year 2019 result was a GAAP loss of $8.5 billion with a (-60%) margin, but these were based on problematic accounting that makes it impossible to evaluate Uber’s financial performance properly over time.… Read more
MoviePass is no more
Once a darling of the disruption crowd, MoviePass is no more; the stock is valued at zero… CEO and CFO have departed, the Board has resigned en mass …. the courts are holding the junk that’s left.
Investors are eager to plow vast sums of money into companies that offer “disruptive” products and services. Often the basis of this disruption is investor-subsidized predatory pricing or cash-burn machines.… Read more
