McKinsey’s CEO Checklist; How Leaders Coach; Elder vs Elderly; Jan 14 – 17 One Seat Left

Dear ScaleUps, 

Hope it’s been a productive and purposeful week. Here are some insights/opportunities to help you outlearn/outthink the competition.

An effective manager-as-coach asks questions instead of providing answers, supports employees instead of judging them, and facilitates their development instead of dictating what has to be done.
	HBR article “The Leader as Coach”

The Worst and Best Halloween Candy --
I agree with the #1 best, but the new #1 worst, no way!!  It’s the first candy I buy and consume!! I just love how this candy site grabs the headlines each year with their newsworthy research – how could you do that each year? What data, when?

CEO Boot Camp January – 1 Seat
Sold out for months, our January 14 – 17 CEO Boot Camp just had a seat open up – one of the CEOs needed to move to our March dates. December has 3 of 7 seats left and March now has just 4 of 7.

McKinsey’s CEO Checklist --
If you’re a CEO, go right to the end of this McKinsey article and look at the concise list of mindsets and practices of excellent CEOs based on 25 years of performance data of 7,800 CEOs from 3,500 public companies across 70 countries and 24 industries. One conclusion?

Whereas Steve Jobs advised college graduates, “Stay hungry, stay foolish,” we urge CEOs to “Stay hungry, stay humble.”

At first, I baulked at the list of 18, but Ritz Carlton had 17 gold standards they expected employees to know and abide by, so why not 18 for the CEO! And McKinsey bunched them into 5 categories – the equivalent of people, strategy, execution, board, and community. Again, the chart/checklist at the end of the article is worth printing out and reviewing constantly. 

The Leader as Coach --
…and for the rest of the leadership team, this Nov-Dec HBR article details the pivot managers must make to becoming coaches to their teams. The authors use Microsoft as a case study, describing how and why this company made the change as it moved from a know-it-all culture to a learn-it-all culture. This article digs into the details! It concludes:

We live in a world of flux. Successful executives must increasingly supplement their industry and functional expertise with a general capacity for learning-and they must develop that capacity in the people they supervise. No longer can managers simply command and control. Nor will they succeed by rewarding team members mainly for executing flawlessly on things they already know how to do. Instead, with full institutional support, they need to reinvent themselves as coaches whose job it is to draw energy, creativity, and learning out of the people with whom they work.

Please take 4 minutes to read through this transformation Microsoft made as a model for even us mere mortal companies. Thank you Steve Hall for pointing me to this valuable article.

Modern Day Elder --
Hotelier and now key advisor to Airbnb, Chip Conley's, presentation at the Scale-Up Summit was very popular and resonated deeply. He just launched a daily blog this week called Wisdom Well housed on the Modern Elder Academy website. You can subscribe here to the blog if you'd like it to come to your email daily. And, of course, his book is entitled Wisdom@Work: The Making of a Modern Elder. 

Wisdom@Work is available here
Modern Elder Academy’s new workshops are here

Scaling Up in Chinese (Simplified) --
EO Shanghai and their teams turned out in force to help me launch Scaling Up in Chinese. Thank you to Fred Crosetto and Amelie Mongrain for organizing this tremendous event along with Preston Kuo who organized the overall book launch.

CEO-BOOTCAMP: spend 3.5 days with Verne, serial entrepreneur John Ratliff, and 6 other CEOs in a beautiful retreat setting, addressing the constraints holding back you, your business, and your industry. Dec 3 - 6, 2019; Jan 14 - 17; Mar 10 - 13; Jul 21 - 24; Aug 18 - 21, 2020.

ORDER a BOX of 20 SCALING UP BOOKS --
Want to save 50% over the price on Amazon? Go to this link. 

EXITING: Looking to sell the business in the next 18 to 36 months? Want to avoid the traps many sellers fall into with today's buyers? You can download the white paper Seven Traps Sophisticated Buyers Deploy Against Unwary Sellers from align5 advisors here

Write Your Own Book --
Whether you want to make it to the bestseller lists or just sell a lot more of your goods or services, with a profound competitive edge over the competition, Book The Business: How to Make BIG Money With Your Book Without Selling a Single Copy is for you!

Request your free copy of this ground-breaking book at advantagefamily.com/scalingup.

COACHING:

Have you ever wondered if working with a coach might accelerate your company's growth, exponentially? Do you have what it takes to move the dial from good to great? The Scaling Up team is prepared to support you. We have helped 40,000 other organizations over the past 30+ years, in scaling up their organizations through coaching, workshops, online training and more.

We would like to offer you a complimentary, personal follow-up from our Scaling Up team to share how we can support you in scaling your organization.

YES! I WOULD LIKE TO LEARN MORE ABOUT COACHING & RECEIVE A COMPLIMENTARY FOLLOW-UP (CLICK HERE)

For questions or more information contact us at [email protected]

TECHNOLOGY:

Execute Scaling Up Faster and Drive Accountability -- Drive Execution with Scaling Up Scoreboard, the official software tool for implementing Scaling Up – available online and in a mobile app. The technology behind Scaling Up Scoreboard is proven to help you achieve 3.5x more goals. Learn more at https://scalingup.com/software/ - on your computer, tablet or phone.

Better Book Club -- What's your team reading? Increase your books read per team member. Easy, Proven, and in the Cloud at http://www.BetterBookClub.com.