Success in business requires exceptional drive and persistence in the face of many obstacles on a daily basis. This tends to mean that those that rise to the top have certain characteristics in common, not least determination. All too often however, that determination becomes arrogance and if allowed to develop, this trait can begin to have negative effects on the business at all levels. In this piece I want to extoll the virtues and real benefits of displaying some humility at the top. Continue reading Why Humility should be Trending! | Humility→
The above question is both as stunning in its simplicity as it is difficult to answer. It is the central concept of the compelling business analysis book ‘Good to Great’ by Jim Collins first published in 2001. In it Jim and his team summarise the results of years of work studying and comparing the activities of good companies (those that match general stock market performance) from great companies (those that performed on average 6.9 times better than the market over a 15-year period). He draws conclusions on many aspects of business from leadership to recruitment but a central idea is called the hedgehog concept – for reasons that you can discover in the book. Continue reading Is your company the Best in the World? | Is your company the Best in the World?→
An old boss of mine once said that over his 40-year career he had probably had a recruitment success rate of less than 30%. At the time I had little experience in the matter and thought that that seemed low. 20 years down the track I now realise that he was probably more successful than the average………..
“The secret of my success is that we have gone to exceptional lengths to hire the best people in the world.” Steve Jobs
Recruitment is one of the most challenging activities that a business is involved with and at the same time is critical to the probable success of the same. Simply put if you don’t hire well you will suffer in two key areas; you will lose endless management time and resource in handling on-going HR problems; and more importantly you will miss your business goals!
“Get the right people on the bus and the wrong people off the bus”Jim Collins
‘A stitch in time saves nine’ or so the saying goes and this is true more often than not. It refers to the probability that inaction or insufficient action early on in a situation may result in greater damage and consequently the challenge becoming greater. This is probably understood by everybody but in practice the ability to recognise a problem early in its development and then have the courage to take immediate and full corrective action is a skill that needs to be learnt by most Managers. Unfortunately the learning process is often littered with mistakes and painful lessons along the way. This article looks briefly at three areas where early, decisive action is vital; employment, negotiation and strategic change. Continue reading Don’t pull your punch! | Action→
Thoughts and comment on the world of business.