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LEADERSHIP: CARVING UP THE BUDGET
published: 2008-02-11
Frugality is admired. And, necessity (as they say) is the mother of invention. But often, too much is made of scarcity. The extreme being the romantic notion of the starving artist slaving in a garret and producing works of enduring social value.
LEADERSHIP: IT'S WHAT YOU DO THAT COUNTS
published: 2008-06-09
Action is the language of leadership. As elsewhere in life, it's what you do that counts. Yes, you need to meet with people and talk a lot. But, the bottom line is "walking the talk." Action, not theory.
LEADERSHIP: HAS GEITHNER GAGGED?
published: 2009-03-16
The US Treasury Secretary, Timothy Geithner, hasn't asked my advice. But, he looks as though he needs some. He's like a stalled driver on a railway crossing and the runaway financial express is already on top of him. His lack of resolve is worrying both Americans and investors across the world. Obama's land of "hope" and "yes, we can" is at risk of becoming a desert of "nope". Many CFOs (and their CEOs) face similar challenges - albeit smaller. So, how are you going? Perhaps this advice may be of help to you as well!
LEADERSHIP: INNOVATE - BUT CAREFULLY
published: 2009-05-25
Check out these quotes! "Your planning process is superb." It's "excellent ... a very simple but very effective management tool." And, the resource material is "the best stuff I've seen." Yes, I'm showing off. These three recent comments refer to our online Leadership-Action-Planning tool. And, they're from: the CEO of a web-based business; the local head of a global investment bank; and, the CEO of a specialist insurance business. Sounds good. But, we're still struggling for uptake. So, how's your own (product and process) innovation? In tough times, innovation's key. But, it comes with challenges. So, let's review the lessons.
LEADERSHIP: PROVIDING THE NECESSARY RESOURCES
published: 2009-05-04
Speaking of the Battle of Britain, Winston Churchill immortalised the heroic few, whose bravery saved the lives of many. History is full of similar (but often less upbeat) stories. One that comes to mind is the WWI landing at ANZAC Cove in Turkey, where bungling by Churchill and other leaders left a small contingent of Commonwealth troops outnumbered and under-resourced. Many died in attempting the job they'd been given. In terms of your own leadership (particularly in the current downturn), what would your people say about your provisioning and support - in the context of what you've asked them to do?
LEADERSHIP: IT STARTS WITH LEADING YOURSELF
published: 2009-07-20
It's a wry statement but true: every overnight success is preceded by ten years of slog. A serial entrepreneur said this to me recently. He was talking about his current business venture that's struggling to get traction. But, the same statement also applies to leadership. Getting to the top is a testament to discipline and courage. At each stage, the discipline to make a plan. And, the courage to implement it. Do you have that? And, know what it means today?
LEADERSHIP: HOW MUCH DIFFERENCE DOES IT MAKE?
published: 2009-07-27
We often speak of some part of our organisation running "like a well-oiled machine". But, we all know business lacks that precise and reliable machine-like character. It's organic, changeable and often unstable. Unlike an engine, it's not bolted to a chassis or floor. It floats in a larger organic pool of economic, competitive and regulatory influences. No wonder, therefore, people find it hard to measure (and justify) leadership investment. But, if you've found some good metrics or trustworthy business-performance stats., please let me know (timothy@vectorleadership.com). In the meantime, here are some arguments to consider.
LEADERSHIP: INVESTING AND RESOURCING WISELY
published: 2008-01-21
“Most of business is about placing bets – allocating resources – and making them pay off.” So begins the McKinsey report of its 2007 global survey on resource allocation. But, the good news is balanced by bad. Taking account of sound financial criteria, proven business performance and potential for value creation are reported as leading to good investment outcomes. However, excessive optimism, risk aversion and behind-the-scenes lobbying can darken the picture. Real life is truly real – and at times grubby.
LEADERSHIP: HOW’S YOUR KNOWLEDGE AND COURAGE?
published: 2010-08-30
What do lobsters, scorpions and bees have in common? Yes, a capacity to inflict a nasty bite. But they also all lack a spine. An exoskeleton (the lobster’s hard shell) is all that holds their bodies together. There’s no internal bone structure. Some leaders are like this. Outer toughness and a nasty bite: the cutting remark or petulant decision. But little inner structure or resolve that makes for true leadership that will deliver results and build respect. What would people say about you: outer show or inner strength? Here are some action options.
LEADERSHIP: TURNING AROUND FAILURE
published: 2010-09-06
I’ve just discovered that my favourite blogger, Seth Godin, is also a columnist with the Harvard Business Review. However, even in this mainstream venue, he retains his quirky preoccupation with what’s wrong in the world. He prises open our minds and this is certainly true when he redefines failure, so we recognise various forms of “getting by” as actually various ways of failing. Below are his eight examples with his introductory wording. For each, I’ve appended an action option – taken from my V|E|C|T|O|R Leadership framework. Ask yourself this: how would colleagues rate you on your readiness to take such actions?