How to Navigate Marketplace Complexities

This past year was a year full of transitions, amazing challenges, and stunning opportunities!

It was a year that saw many extremes including:

  • Outrageous political antics
  • Frightening political standoffs
  • Stunning Bitcoin valuations
  • Record breaking stock indices
  • Oil price climbing back to the $55-$60/bbl
  • Continued company downsizing
  • Record company profits
  • First recycled (reused) rocket
  • Great advances in hyperloop technology
  • #metoo movement

Some businesses experienced amazing growth (NVIDIA, Google, Apple, Amazon) while some saw their business shrink (Sears, Macys, GE). Others saw their market shift in an entirely new direction. Some took advantage of this shift and others were damaged by it!

This unprecedented rate of change and marketplace complexity can cause business leaders no end of sleepless nights and stressful days! However, this is where Thinking Business can help you thrive!

How to Deal with Monumental Change

I was recently reminded of how easy it is for leaders to lose sight of how much change their organization is experiencing.

One leader I spoke with has experienced a lot of downsizing in the last year and is now experiencing some very positive growth. Even though the organization is now well positioned for this growth, they are still reeling from the downsizing actions.

Another leader I spoke with continues to go through a downsizing process. Not only that but they are converting many of their staff to on-demand contractors. This is a huge cultural shift that impacts all aspects of the organization!

50 Powerful Leadership Lessons from Authentic Leaders

I recently attended the 2017 Global Leadership Summit put on by Bill Hybels and his Willow Creek organization. It was an amazing leadership training event that was attended by over 400,000 people through a global simulcast!

The speakers were amazing and the entertainment between speakers was world class.

What follows are the top one-line lessons from the two day event.

50 Leadership Lessons From the 2017 GLS

Bill Hybels

70% of Today’s Occupations Will Be Obsolete in 80 Years

Did you know that 70% of occupations in today’s marketplace will be automated or obsolete by the end of this century!

This is a stunning prediction that is hard to believe but it is happening before our eyes.

For those of you who find this hard to comprehend, this sort of job displacement has happened numerous times in the past . . . even in the last century. For example:

  • In the last 60 years, agriculture’s share of workers has seen an 80% drop!
  • Also, in the same period, manufacturing has lost 60% of its market share of workers

As technology, society, and our economies advance, the workplace has seen, is seeing, and will continue to see massive changes and upheavals.

Occupations That Will Be Obsolete or Highly Automated

Lead, Sell, or Get Out of the Way

The 7 Traits of Great Sellers

This week’s book review is Lead, Sell, or Get Out of the Way by Ron Karr

Karr explains his time-proven and successful sales philosophy in this book. Essentially, salesmen need to be leaders and sales leaders have five beliefs:

  1. You have everything you need
  2. You can improve any area of your life that you choose
  3. Everything is possible
  4. Preparation maximizes your potential
  5. Customers come first

These beliefs enable the seven essential traits of a sales leader: