"...insights for scale-ups"
HEADLINES:
June 10 Free Course Viewing -- Salim Ismail's 58 minute Exponential Organizations presentation is available for no charge next Wednesday. More info below, but first...
What Will Keep You Here? -- one of the more powerful questions you can ask, Beverly Kaye's much anticipated new book is out titled Hello "Stay Interviews", Goodbye Talent Loss. More details below, but second...
FORTUNE 500 Key Facts -- the annual list was published a few hours ago. One interesting statistic notes the magazine "The Fortune 500 are more important than ever before. Their revenues total 72% of U.S. GDP, up from 58% in 1995 and 35% in 1955." In turn, "57% of the companies on the list weren't there twenty years ago. That compares to a 45% turnover in the first twenty years of the list, from 1955 to 1975." Walmart is #1. Rounding out the top 10 - Exxon Mobil, Chevron, Berkshire Hathaway, Apple, GM, Phillips 66, GE, Ford, and CVS.
CEO Survey (including favorite book) -- and Fortune surveyed the 500 CEOs and found they have between 4 and 12 direct reports - and a bunch of other interesting facts including a list of their biggest challenges (technology changes #1); their biggest competitive threat (other Fortune 500 firms); and other fun facts including the percent of CEOs that answer all their email! Take 1 minute to scan down through the survey results and see who they consider the best leader of all time, their favorite book, and most admired CEO among the Fortune 500. Fun facts for your next biz cocktail party.
Growth Company Case Study -- each week I'll seek to share a practical story/example/best practice from a growth company implementing Scaling Up (Rockefeller Habits 2.0). This week's example comes from Rod Fitzgerald, CEO of Perth-based SRG Insurance, who took serious the idea of living the vision by creatively decorating their offices with the Values, Purpose, BHAG, and Brand Promises - the "rules of the game" using Jack Stack's language. This was following a 2 day strategic offsite led by Gazelles certified coach Brad Giles of Evolution Partners. Take 1 minute to scan through photos of their offices which Giles shared in this blog post.
Stay Interviews -- rather than wait until it's too late when you find out during an exit interview why you lost a key employee, Beverly Kaye's new book details what she calls a "stay interview" which several of our clients have used and rave about. The stay interview starts with the question "what will keep you here?" and allows you to have the kind of conversation that uncovers a wide range of opportunities and challenges that might be impacting others. Remember, the CEO is always the last to know (as is the manager). As I note in my endorsement of the book, "The war for talent is raging around the globe. So when you land A-players, it is critical you keep them. Beverly and Sharon's stay interview is precisely the practical solution a leader needs to significantly up the odds of retaining key people."
June 10 Free Viewing -- Why new organizations are ten times better, faster, and cheaper than yours. Learn how to compete with exponential growth and build a company of your own that can achieve 10x. Register Here for a FREE Course Viewing of Exponential Organizations by Salim Ismail on June 10th. Register now to SAVE $99. Length: 58 Minutes. Language: English.
TECHNOLOGY: Align Software is Automatic Accountability for all your business priorities. Know where your business stands in real time and create urgency for the important. Scale Up your Rockefeller Habits implementation with www.alignwithgazelles.com - on your computer and on your phone.
COACHING:
What is the value of working with a Certified Gazelles International Coach? There are four key roles a coach plays in helping your company Scale Up...listen here to learn.