Business Growth: Paul Romer to the Rescue!

By | October 15th, 2018|

I’ve just scratched the surface in my quest to better understand Paul Romer’s insight into growth. Romer won the 2018 Nobel Memorial Prize in Economic Sciences — shared the win, actually. One of Romer’s central themes is that resources are fixed and innovation is unlimited. You can’t create anything of a physical nature; you can [...]

Business Strategy: Desperate For Revenue

By | September 30th, 2018|

This is a picture of a monkey backpack my wife bought for one of our grandsons today at OfficeDepot. He’s not yet 1 year old, but as you can see, the backpack is quite small. It’ll probably hold a diaper or two and a tube of mushed pea baby food. It was on sale for [...]

What Is Organizational Effectiveness?

By | September 9th, 2018|

My definition of organizational effectiveness? Great results with optimal resources over the long haul.  There are three components in my definition. Change one of them, and you’re not successful in my book. You can get great results in the short term, and you can even get those results with the wrong number or quality of [...]

Effective Leadership: Is Volatility Synonymous With Success?

By | August 27th, 2018|

Temperament in the corner office is something that deserves consideration when thinking about effective leadership. Unfortunately, volatility is sometimes correlated with success, but correlation is not causation. One of my best clients asked my thoughts on Elon Musk. “Brilliant carnival barker,” was my response. His was more articulate, but we were on the same page. [...]

What Is Strategic Planning?

By | August 13th, 2018|

What is strategic planning? Well … for one thing, it’s perhaps the most misused phrase in business! Let’s start with what strategy is. On second thought, let’s start with what strategy is NOT! It’s not a budget. It’s not a fat document. It’s not that thing you do every November. It’s not a mystical chant. [...]

Failed Leadership: Papa Don’t Work No More

By | July 29th, 2018|

“How can we miss you when you won’t go away?” Papa John’s leadership and shareholders might be saying. If you’ve been following the pizza leadership drama in the news, you’ll note that a bad case of “founder’s syndrome” settled in Papa John’s ovens recently. It became a struggle of overinflated ego versus what’s right for [...]

Leadership Is Not Polling!

By | July 24th, 2018|

Donald Trump’s recent debacle* — lauding Putin, ignoring his own intelligence agencies and blaming America for the poor United States/Russian relationship, and then reversing course after a tsunami of outrage — is instructive for leaders. Here’s the directive: Leadership is not polling! Leadership has obligations, and making tough decisions and sticking with them is one [...]

Organizational Effectiveness: Rules Or Vision?

By | July 16th, 2018|

I’ve been thinking about tariffs as of late. Mostly thinking about them as a blunt instrument. Economics, politics and history would tell us that they are not a very effective way to deal with “inequities”, though certainly they are implemented to try to correct a wrong or even the playing field. If free trade is [...]

You Must Know The Critical Elements Of Strategy

By | June 18th, 2018|

“Having determined your destination, you set sails, motivate rowers, adjust for winds and currents, avoid shoals and rocks, allow for surprises, and expend finite energy efficiently. You control some things, but align yourself with others. You balance, while never forgetting that the reason you’re balancing is to get from where you are to where you [...]

Leadership: Shining Light On The Dark Side

By | June 11th, 2018|

“Men are moved by two levers only: fear and self interest.” —Napoleon Bonaparte I think of myself as an optimist, but there is a good deal of truth in Bonaparte’s assertion. In fact, if you were starting a business, it would be wise to think about how you might leverage that assertion to profitably monetize [...]