Saturday , February , 23 , 2019
The Institute Way Blog
Have you ever noticed how a newly hired CEO often starts his/her tenure with a BANG! Making all sorts of immediate changes – whether it’s replacing the entire leadership team, reorganizing, initiating a major acquisition or spinning off a business unit? One thing that is a hallmark of new CEOs is…change! And this creates great tension and, often chaos, within the organization. Yet many of these CEOs, after 3-5 years, quietly disappear…leaving the organization different, but not necessarily better, than they found it.
An executive once asked me a question that launched me on a 4-year quest for an answer. We were discussing examples of visionary leaders who led their organizations to great heights. He looked at me with desperation in his eyes and said, “HOW do visionary leaders think of this stuff? I’m not Steve Jobs or Henry Ford. I have no brilliant...
I received a text message from a friend today: “My brother-in-law needs to build a balanced scorecard. Where can he find examples?” ~Sigh~
That is like asking me, “My brother-in-law needs to get from New York to Texas. Where can he find any old Google Map screenshots?” The crux of the matter is: What is...
I love to watch Shark Tank and I’ve been known to purchase a product that the Sharks reject.
So, what was the problem? Why don’t the Sharks bite on a good product? Because it’s not about the product. It’s about the business.
A rarely-used Major League Baseball backup player who spent the entire game (and most of the season) on the bench made a game-winning play…from the bench. Yes, you read that correctly. It wasn’t a highly paid player on the field. The game was won by someone sitting on the bench. How is this possible?