Cobots; My People; Erythritol; Oct 02 Crisis

I dare you!
                     Stacey Lauren

There are no straight lines in nature or business.
                     Verne Harnish

An invitation to invest 2 to 22 minutes in your executive education this week.

Oct 10, Virtual Summit – 3 Authors/3 New Books/77 Min
Gather your team for 77 min of exec ed together -- no charge – 10:10am ET 10/10 – info and to register, which includes replay.

My People – TEDx Talk Stacey Lauren
You want to accomplish anything? Stacey Lauren’s 10-min TEDx talk, released this week, shares the key secret – identify “my people” and form a small support group? It’s not the same as your friends and family, who likely don’t support the same goals you have – like writing a book or scaling a firm or solving a social issue. The support, ideas, and accountability a small group provides are key – seriously. She’s on to something bigger than just EO and YPO Forums. Thx Stacey.

One Shopping Center at a Time (Scaling Up case study)
There are no bad industries, just bad strategy/leadership. This ScaleUps.com article details how Jack Glottmann, CEO of family-owned Saglo Companies, has used Scaling Up with the help of coach Jennifer Berkowitz to provide excellent returns for their investors in a tough sector – shopping malls. With comprehensive dashboards, meeting rhythms, and making some tough decisions on the leadership side, please invest 2-minutes to read the details on how Saglo is surviving and thriving in a tough market. There are always opportunities in every sector of the economy.

Order Kiosks NOT Decreasing Employment
McDonald’s, Shake Shack, and others are finding that self-service kiosks, rather than eliminating jobs, are doing the opposite. Notes this CNN article: 

…touchscreen kiosks have added extra work for kitchen staff and pushed customers to order more food than they do at the cash register. 

And it’s allowing employees to provide better service and keeping the restaurant cleaner. Please invest 1-minute to read the details. Where can technology eliminate mindless work and free up your people to provide “Unreasonable Hospitality” per the title of one of my favorite books.

Cobots – Key to the Equitable Burrito Bowl
Brand is about delivering consistency. Where could technology help? What Chipotle customers want is an equitable burrito bowl assembly with no need to see who got more guac or cheese! Cobots – collaborative robots -- are being tried in two California Chipotles. This Fortune article provides the details.

Sugar Substitute Linked to Heart Issues/Blood Clots 
If you can’t pronounce it or spell it, don’t eat it. This Lifecode article shares research showing sugar substitute erythritol (in many keto diet products, snack bars, etc.) is linked to increases in heart issues and blood clots.

Recession Unlikely?
Bank of America on Monday looked at five major economic fears (US) and provided counter data to suggest we’ll avoid a recession. This Fortune article provides the details.

Leading in a Crisis – Verne Harnish Oct 2, 3pm ET – No Charge
Micro-economics are more important than the macro-economy – meaning some sectors are often hurting even if the general trends are OK. Next Wednesday, Oct 2, 3pm ET I’ll be leading a one-hour webinar sharing the 5Cs (which I mentioned last week) for handling any crisis/downturn in the business. There are no straight lines in nature, neither in business! Register here which includes getting a replay if you can’t make it LIVE.



Order a box of 20 books
Save 50% over the price on Amazon for Scaling Up, Mastering the Rockefeller Habits, and 12 Habits of Valuable Employees books here for less! 

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.

TECHNOLOGY:
Scaling Up Scoreboard is AI-enabled and integrated with Salesforce, Slack, and Zapier (allowing it to connect with 1000s of systems). Use Scoreboard to provide your team (working remotely even more important!) with a real-time visual dashboard of cascading priorities and metrics. Get a personalized tour of the Scaling Up Scoreboard to see how you can use it to better implement Scaling Up in your business.

EDUCATION: 
Scaling Up Master Business Course
Scaling Up Free Mini Course

COACHING: Unlock Explosive Growth with a Scaling Up Coach
Is your business hitting a growth ceiling? Break through with a Scaling Up Certified Coach™. Our elite coaches master the Scaling Up methodology to reignite growth, align your team, and chart a clear scalability path. From day one, we provide a custom-tailored approach - conducting a comprehensive diagnostic, hand-picking your perfect coach match, and providing dedicated support. Whether a $5M or $250M firm, invest in coaching to propel your business to extraordinary new heights.
Schedule a complimentary follow-up or check out our FAQs. Additional questions can be sent to [email protected].

Have you considered becoming a Certified Scaling Up Coach?
Learn more about what it takes to certify and what being a coach is like. Pop into our Coach Office Hours to talk with our coach certification coordinator and a certified Scaling Up Coach. Learn More & Register for Office Hours here >

SCALING UP WORKSHOPS:
Engage your team with interactive Scaling Up workshops. Here's our list of workshops

Nottingham, UK – Oct 1, 2024 (In-Person)
London, UK – Oct 2, 2024 (In-Person)
Jeddah, Saudi Arabia – Oct 7, 2024 (In-Person)
Atlanta, GA – Oct 10, 2024 (In-Person)
Phoenix, AZ – Oct 10, 2024 (Virtual)
Ontario, Canada - Oct 10, 2024 (Virtual)
Riyadh, Saudi Arabia – Oct 14, 2024 (In-Person)
Chile – Oct 15, 2024 (Virtual)
Fort Lauderdale, FL – Oct 15, 2024 (In-Person)
San Francisco, CA – Oct 16, 2024 (Virtual)
Columbus, OH – Oct 25, 2024 (In-Person)
St. Louis, MO – Oct 31, 2024 (In-Person)
Chile – Nov 12, 2024 (Virtual)
Melbourne, Australia – Nov 12, 2024 (In-Person)
Sydney, Australia – Nov 14, 2024 (In-Person)
Ontario, Canada - Nov 14, 2024 (Virtual)
San Francisco, CA – Nov 19, 2024 (Virtual)
Franklin, TN – Dec 5, 2024 (Virtual)
Chile – Dec 10, 2024 (Virtual)
San Antonio, TX – Dec 10, 2024 (In-Person)
Ontario, Canada - Dec 12, 2024 (Virtual)
San Francisco, CA – Dec 18, 2024 (Virtual)
Washington, DC – Jan 28, 2025 (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].

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