Why do some companies fail and others succeed? It’s a question explored by author Jim Collins in his book How The Mighty Fall. According to Collins, there are 5 reasons why companies fail; one is the undisciplined pursuit of more.
Tag Archives: management
Inertia is The Silent Killer of Future Revenue Growth
Why do established companies fail? Because they fail to create the future. Two ways for a company to fail: One way is it sets ambitious plans and doesn’t meet them. But the second way is it sets plans that aren’t ambitious and needs them.
And, there are many reasons why they fail to do so, but there is one word under which you can put all those reasons under: inertia.
Great Leaders Drive Innovation By Making It Safe For Others To Talk About Mistakes
In established organizations, what can leaders do to drive innovation? How can leaders support innovation at work? What’s one tactic that will unleash it? Let me tell you…
The Best Leaders Don’t Clone Themselves
I was sitting in a Starbucks recently minding my own business and overheard a conversation between two people. It seemed to me that one of them was coaching the other person on some leadership challenges, and my ears perked up when I heard the “coach” say: you have to create a clone of yourself.
How To Manage People You Don’t Like
In the world of innovation, diversity of thought is necessary. Really, every business needs diversity of thought regardless of what business they’re in. Diversity of thought comes from diversity of experiences from people from all walks of life. Diversity of thought gives a team perspective, multiples ones, not just one. Naturally, this will create conflict. Not everyone will get along, and that’s just the way it goes most of the time.
15 Surefire Ways To Alienate Your Boss
Last week I wrote a post about what you should do to add value and increase your standing in the workplace. Now, let’s look at the opposite: If you could deliberately kill your credibility with your boss, what would you do?
Managers, There Are 3 Types of Failure. And Only One You Should Praise To Drive Innovation
The organizations that no longer exist are the ones that failed because they missed the future. Why did they miss the future? Because they were late to the party or got disrupted by an upstart. They never led, thus got disrupted. Ironically , organizations that fail operate with a fear of failure. Internally, it’s this mindset that kills any chance at disrupting themselves!