Statistics show that 94% of all results are systemic; i.e. how the system is designed, built, implemented, maintained and managed. Studies show that 75% – 96% of all business failures involve human error. Be that as it may, human error is not the cause of failure but the symptom of a failing system. A Global [...]
Recently, IBM published the results of over 1500 face-to-face interviews with CEOs, General Managers and senior public sector leaders from around the world, in a paper called “Capitalizing on Complexity”. They found that the most pressing challenges facing CEOs today are: Coping with change Increased complexity The interviewed leaders identified Creativity as the most [...]
Dr. Albert Einstein said: “The significant problems we face cannot be solved at the same level of thinking at which we were when we created them”. In other words, performing more of the same functions better, faster, smarter and more efficiently is not going to solve our problems; regardless of our best efforts, perseverance or [...]
Business is often compared to a competitive sport. So, let’s pick NASCAR or the Indy 500 and figure out what competing teams have in common: The idea or conviction of one’s own beliefs about what is possible (= vision). A meeting place for testing one’s ingenuity against that of rivals. Sporting the best performing vehicle [...]
How many times have you been aboard a jet liner taking you across the country, the Pacific Ocean or to Europe and beyond? Have you ever wondered how those engines generate the power to push you back into your seat and make the aircraft take to the skies? Dr. Albert Einstein said that everything should [...]
Executive tenure depends on your ability to change or adjust If everything inside your business were running like clockwork, wouldn’t you be on the golf course, out surfing, or sipping margaritas with friends? The fact that you’re reading this article is because you’re still looking for answers to the significant, persistent and recurring problems [...]
A master mind for decision-makers Clarity of WHY I believe that for every random cost-cutting measure there is a viable SOLUTION ALTERNATIVE that not only makes a business profitable but also sustainable and respectful of humanity at the same time. Treating humanity as a bargaining chip for higher net-profits incites moral crises*! [...]
IF the purpose of business is “Making Money” then basically all you care about is: How to Increase Sales How to Raise Prices How to Lower Cost IF making money is all that you care about, then why not sell the whole kit and kaboodle and invest the proceeds? Why else would anyone want to [...]
From the beginning of times, we have used stories to convey messages and pass-on wisdom to those who cared to listen. Those stories such as fables, myths and other folklore are delivered by troubadours, actors, nannies and the like. Somehow, the messenger has to take distance, set the stage in some mythical and far off [...]
Michael Porter, the Bishop William Lawrence University Professor at Harvard Business School, co-authored the article titled “The Seven Surprises for New CEOs” published in the Harvard Business Review of October 2004. This article, as with all of his articles, is worthwhile reading. The premise is that CEOs assume ultimate responsibility for the success and failure [...]