Home » Newsletter, Quick Thoughts

Quick Thoughts - June 2009

17 June 2009 No Comment

Maximum Motivation
Evidence from athletic competition shows that teams just slightly behind will try harder and are likely to pull ahead. Similar effects are seen in the animal kingdom and the corporate world. The most motivating goals are not the big lofty ones, rather those that appear close and achievable. By strategically setting smaller goals and deciding when to stop and take stock, the CEO can get the maximum motivation from his of her team.

Saving Knowledge
Many CEOs are aware of their coming brain drain – a sizable percentage of their workers nearing retirement age. Capturing their knowledge and expertise has become critical to long term success. Even though most CEOs believe that organizational knowledge is of vital importance, more than three quarters don’t even know exactly what their critical knowledge is, much less where it is and how to get it to where it creates value.

Three Lists
You should have three lists to guide you:
1. What gets you up in the morning
2. What keeps you awake at night
3. What you should not be doing

Innovate Your Own Way
Rapid continuous improvement inside your business is essential to survive on today’s competitive landscape. 94% of CEOs surveyed said that people and culture were the most important factors in enabling that type of environment. It turns out there are no universal best practices that work anywhere, every business needs to create its own process. The most predictive indicator of success is whether or not the CEO’s execution behaviour fully supports his or her people.

Leave your response!

Add your comment below, or trackback from your own site. You can also subscribe to these comments via RSS.

Be nice. Keep it clean. Stay on topic. No spam.

You can use these tags:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

This is a Gravatar-enabled weblog. To get your own globally-recognized-avatar, please register at Gravatar.