Replay from CNBC – A must see for ANY executive, not just in technology!
Technology has morphed beyond chips and bytes into a tool powerful enough to fundamentally redesign the human species, creating a new DNA for how we live, work and socialize. CNBC’s Simon Hobbs gathers renowned experts to tackle the challenges facing technology today.
Today’s business environment demands a new way to think and even more important, a new way to act. Improved performance happens in a moment we like to call “NOW”. And while most complex organizations today have some kind of process definition for various parts of their organization, without measurement, really, what is the point? We believe that driving value in an organization first requires measuring processes, sub-processes and outcomes. A secondary value of defining the tolerances for these balanced “scorecards” is the teamwork, understanding and disciplined focus it provides for the team and individuals involved.
I recently attended a half-day process/outcome scorecard development session for the leaders of a human resources process group. Without boring you in the details, the most significant part of the day for me was a closing statement made by their Sr. Vice President of Human Resources who said, “Can you just imagine where we were five weeks ago, doesn’t this feel amazing?” And one of the lead managers replied, “I am looking forward to this becoming ingrained as part of our daily routine.”
People who are implementing The Mother of All Processes are passionate about the simplicity and in feeling the improved teamwork even during the planning and development process for NOW. Are you ready to Manage in the NOW?
By John Bernard
The fact is EVERY organization is run by some form of a management system, whether its existence is consciously recognized or not, whether someone designed that system or it simply evolved. Most organizations operate under an informal momentum-driven management system that few, if anyone, in the organization really understands.
How do I know?
I often ask people in organizations—even CEOs—what their system of management is. Most often in response I get a blank stare and at best, a few words–after they take a few seconds to think.
Management system? What’s that?
In fact, there are most often multiple systems in a given organization, which ultimately creates the fractures that lead to disengagement, the biggest enemy to individual and organizational performance.
And whose job is it to determine the organization’s management system? The top executive! We need to start helping them.
There are many reasons a startup won’t get funded. Before you raise money for your business, ask yourself how investors will not only get their money back but how they’ll get a return on their investment.
So what are some of the main reasons a company does not get funding?
Lack of a compelling story.
Being unprepared to take the next steps with investors.
Having a lack of clear goals or objectives.
Lack of preparation for due diligence.
Little or no knowledge of the funding process.
Relying on other inexperienced and/or greedy business people.
Selecting inappropriate funding sources.
Many entrepreneurs perform little or no due diligence of their potential investors.
If you need advice, engage with one of our advisers today!
At the post office today, a woman with curlers in her hair asked me, “where’s the courthouse?” I wasn’t sure but then she asked what I did for a living. When I told her, she asked me for a business card and said she was in marketing. I said, “send me an invitation to LinkedIN,” and she asked, “what’s LinkedIN?” And this woman is in marketing? I think I want my business card back.
Now, about that other social networking company that couldn’t find an email address…