“Play by the rules but be ferocious” is the advice given by Phil Knight, co-founder and past chairman of Nike. I believe that all of us need to take this to heart and make some adjustments in how we lead and run our businesses!
There is no need to be ruthless, dishonest, nefarious, or unscrupulous in any way. However, if we want to grow our businesses we need a “fire in our belly” . . . we need to be ferocious!
Can you imagine if your favorite professional sports team was not driven to succeed? I know we always complain about the overall performance of our teams (like the Calgary Flames!) but when you watch them play, they do play the game ferociously. Anything less would be pathetic!
What if this season they decide they are going to play a non-contact style of hockey? Or what if their leadership fails to create and communicate a strategic plan for the season? What if they fail to assign team members to positions or to clearly define the roles each team member is to play? What if they don’t build a sales and marketing plan and fail to reach the sales targets they need to remain viable?
Every business leader must have a rock solid organizational system in place so that they can lead a differentiated business. Failure to differentiate yourself results in a race for the bottom!
In a last week’s post I wrote about how a differentiated leader must have instant access to all of their past and current business notes, data, ideas, and plans. I mentioned that all of this information must be organized and indexed electronically in a manner that allows easy access from anywhere, at anytime, using any platform. Finally, I stated that this is not a product but a system that contains two distinct elements:
- a cloud based software tool (see last week’s post for more details)
- a systematic approach to organization for an effective business leader
This week we will focus on a systematic approach to organization that will help you become an effective and focused business leader!
Staying organized and focused in today’s fast paced world is a basic requirement for any business leader. However, differentiating yourself and your business requires a whole new level of organization!
A differentiated leader must have instant access to all of their past and current business notes, data, ideas, and plans. All of this information must be organized and indexed electronically in a manner that allows easy access from anywhere, at anytime, using any platform. This is not a simple product but a system that contains two distinct elements:
- A cloud based software tool (the subject of this blog post)
- A systematic approach to organization for an effective business leader (the subject of next week’s post!)
Gone are the days of taking notes in a paper notebook!
If your business plan was written more than one year ago, chances are it is out of date and not in tune with the current marketplace.
The classic business plans in the past relied on 5 year and 10 year horizons that gave the organization a vision and a direction to dominate in their market. But today, the marketplace is changing so quickly that any long-term business plan is a waste of time and, if you follow it, will probably result in your business failing.
Motorola and the Iridium Business Plan
In the late 1980’s Motorola launched an initiative they called Iridium. This was an ambitious 12 year program to launch 66 satellites that would provide global satellite phone coverage. They came up with this business plan because they saw that cell phone technology was expensive for the users and for the companies providing infrastructure.
This week’s book review is Living Forward by Michael Hyatt and Daniel Harkavy.
Hyatt and Harkavy detail out the process of building a life plan – a balanced plan for your life that provides long term focus complete with the detailed goals required to get there. The book is well written with tons of examples and great online tools.