Are you truly committed to one another in the organization?
Keith Ferrazzi
…just focus on staying sane and taking care of yourself.
Martin Casado, a16z
An invitation to invest 2 to 22 minutes in your executive education this week.
The Courageous Podcast
I was Ryan Berman’s guest. Please go to 2:50 for a good Autobahn analogy of how “routine sets you free” – and the true role of core values and brand promises in guiding the business – it’s just a 2-minute segment.
First Ever “Most Powerful People in Business”
Fortune’s newest list was released this week and no surprise, Elon Musk is the #1 most powerful person in business in the world. Notes Fortune:
Representing 40 industries spanning the world, these are the world's most influential leaders shaping the global business landscape. The list includes 70 US-based companies, 15 from Asia regions, 14 in Europe, and one from the Middle East. Eighteen of the list's CEOs and leaders are female.
Careship vs. Leadership – Hubert Joly
Maybe it’s time to get rid of the word “leadership” like the label “manager.” Hubert Joly, who turned around Best Buy, has suggested the term “careship” which more accurately describes what the senior team needs to do for the employees. There’s no way your team players will care for your customers, company, or you if they don’t feel you care for them.
Teamship vs Leadership – Keith Ferrazzi
Keith Ferrazzi has weighed in with his new (and outstanding) book, released this week, entitled Never Lead Alone: 10 Shifts from Leadership to Teamship. Grab a Kindle version and go right to Chapter 4. Notes Ferrazzi:
Fifty-eight percent of employees say that they trust strangers more than they trust their own associates at work.
The importance of finding ways to truly bond with each other is key – think the pickup football game on the beach in Top Gun Maverick, the most important scene in the movie that drove the success of their mission. Jack Little, Mathworks, enthusiastically spends $25 million bringing all 6000 employees together for an event that bonds them – the best money he feels he spends.
Are You Truly Committed to One Another in the Organization?
Chapter 4 opens with this “red flag” statement. It starts with the onboarding process and continues with fun social gatherings. Our coaching partners who spend time with each other doing fun things are clearly more bonded. What are you doing to create bonds throughout your organization – it matters. Please read the balance of Chapter 4 and then start back at Chapter 1 and please read the rest of Keith’s book – it’s a quick and easy read underpinning the need to “co-elevate behaviors” and utilizing “twenty-first-century collaborative processes and tools.”
Feedback is a Gift
Shari Conaway, former Managing Director of People for Southwest Airlines and now working closely with our organization has noted that 360 feedback was positioned (and viewed) as a gift. Ferrazzi notes the same at the end of Chapter 3.
Productivity Hacks Overrated?
Selling his own firm for $1.25 billion, a16z VC Martin Casado shares in this TechCrunch article:
Founders need to understand that it will likely take years to achieve success, and there’s no guarantee that they ever will. Lifestyle hacks that may work to hit an approaching deadline might not be sustainable as a way of life for years.
It might mean at times you need to sleep in, not “eat the frog”, and take a break. He goes on to share:
Things always take way longer than you expect. And I think the people that actually just focus on their well-being are the ones that survive…If you can survive, at the end of the day, you’ll have a shot at winning.
Thank you to coach Bill Gallagher who pointed me to this article and added the context:
(Founders/entrepreneurs) are naturally obsessive so put more attention on just taking care of yourself and going organically with what works for you.
Order a box of 20 books
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Additional Books
Scaling Up Compensation, a quick read helping you get much greater impact and outcomes from one of your largest expenses; and The Greatest Business Decisions of All Time, which provides you with some great ideas to borrow/steal for your own business are available on Amazon.
Planning for 2025 – Get a Coach or Be a Coach
It’s best if the planning session is professionally facilitated according to experienced CEOs. This way they can participate in the process (and not dominate it). Email [email protected] if you’re looking for a facilitator.
And if you’re interested in becoming a coach/facilitator, we’re always looking to add to our 296 experienced partners around the globe. Email [email protected]
COACHING: Unlock Explosive Growth with a Scaling Up Coach
As we enter the fourth quarter, ensure your business thrives amidst economic uncertainties with expert guidance from a Scaling-up Coach. Our proven methodology and proprietary tools will help align your team, translate strategy into action, and drive measurable results. Schedule a complimentary call today to take the first step towards a clear, actionable Q4 strategy. For additional questions, email [email protected] or check our FAQs.
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SCALING UP WORKSHOPS:
Engage your team with interactive Scaling Up workshops. Here's our list of workshops
San Francisco, CA – Nov 19, 2024 (Virtual)
Paris, France – Nov 26, 2024 (Virtual)
Franklin, TN – Dec 5, 2024 (Virtual)
Chile – Dec 10, 2024 (Virtual)
San Antonio, TX – Dec 10, 2024 (In-Person)
Pune, India – Dec 12, 2024 (In-person)
Ontario, Canada - Dec 12, 2024 (Virtual)
San Francisco, CA – Dec 18, 2024 (Virtual)
Columbus, OH – Jan 10, 2025 (Virtual)
Washington, DC – Jan 28, 2025 (In-Person)
Sydney, Australia – Feb 20, 2025 (In-Person)
Sydney, Australia – March 5-6, 2025 (2 Day - In-Person)
Planning to Exit – Critical Whitepaper
Selling your firm, for its maximum value, is the most important negotiation in which a business owner will participate. You are typically negotiating with sophisticated buyers who have done hundreds of acquisitions whereas this is often your first rodeo. And these buyers have a formula for ripping you off – and it works, stealing tens of millions from you. Seeking help, owners discover the big M&A firms, especially those specializing in your industry, are more beholden to the buyers than the sellers (they will tell you otherwise). Email me to get a whitepaper on how to maximize your valuation and avoid the psychological games buyers play [email protected].
TECHNOLOGY:
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EDUCATION:
Scaling Up Master Business Course
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