Apr 15, 2011 | Management, Strategy
Scenario planning was a popular tool 20 years ago, but seems to have been supplanted by other tools, and priorities, or forgotten. In an increasingly unpredictable world, it makes sense to step back, and consider a range of perhaps unlikely scenarios, after all, those doing budgets in early 2008 when oil was $45 a barrel would hardly have predicted it would be $145 just 9 months later, then drop back under $100 almost as quickly, or that The gulf of Mexico would become an oil bath, and more recently, that a single persons protest in Tunisia would start Egypt on the rocky road to democracy, followed by the riots and perhaps revolution in Libya, that an earthquake would lead to a tsunami and nuclear “incident” in Japan, what else can happen?
Stepping back, and using the tools of scenario planning, identifying the fundamental drivers as an input to your own planning makes more sense now than it has for 30 years.
Apr 10, 2011 | Collaboration, Leadership, Management
This note is being written on a plane, somewhere over Asia in the middle of a long flight to the UK to see a few who can contribute to my store of knowledge, and hopefully I to theirs.
It is a time of few distractions, the phone is off, nobody at the door, no meetings scheduled, email is off, just head-time.
Amongst the stuff put aside for such moments is this note from Paul Graham which I think highlights a basic challenge faced by “knowledge workers,” those of us whose contribution is measured by something other than volume of output, the time in attendance, and the appearance of “busy”. It is also a significant challenge for those who are supposed to lead us, rather than just manage our output.
So if you are a leader, I encourage you to apply my rule 1 of marketing: “see it from the other blokes perspective”, next time you find yourself feeling inclined to call a meeting that involves others who work to what Paul has called “makers time”.
Apr 7, 2011 | Leadership, Management
Management and leadership are not the same.
For years I have advocated this self evident truth, and occasionally something comes along to confirm, again, the essential truth that leaders lead, and managers just take care of the details.
Leadership in a tough place is often personified by individuals in the military, none I suspect better than Stan McChrystal former US commander in Afghanistan, who shares on TED.
Mar 30, 2011 | Lean, Management, Operations
The clarion call for improvement, in everything from the minor shop floor activities to big picture strategic implementation is clear. We all need to do more with less, and this requires that we identify which bits of our current activities should be changed, redirected, or trashed.
In effect, there are three questions that should be answered:
- What are the underlying drivers or causes of problems?
- How can we build predictability of outcomes from any particular activity, and group of activities?
- How can we ensure the mistakes of yesterday are not repeated today?
These seemingly simple questions lie at the core of all improvement I initiatives.
Mar 20, 2011 | Leadership, Management, Personal Rant
An often heard claim, but leaders mean it, managers just mouth it.
Creating and nurturing a process of performance assessment should be a focal task of a leader, as it puts money in the bank over time. However, it is hard, confronting, and time consuming work, generally without a short term pay-off, and is virtually impossible to measure via the financial reports, still the default measurement for most.
There are a lot of frameworks out there, and lots of consultants ready to take your money to tell you how to do it, but without a determination to ensure future performance by investing in the capabilities of your employees, outsiders cannot really help.
However, two frameworks that may get you thinking.
The first is an essay by Marty Cagan, a successful venture capitalist in Silicon Valley. Venture capitalists invest in ideas and people to deliver future returns, so being successful, Marty probably knows a thing or two about capability assessment.
The second approaches the challenge in a highly prescriptive manner, but curiously, if you look behind the avalanche of words, you see a similar approach to Marty’s, an analysis of the requirements to generate the required outcomes, analysis of the individual, and description of the gap. It is the Integrated Leadership System (ILS) that has evolved to provide a performance and assessment management framework for the Australian federal Public Service.
Between these two, there is enough to get a conversation started about the best way for your organisation to manage its “Greatest Asset” and hopefully lay the foundations for a system that reflects your needs and environment.
Mar 9, 2011 | Communication, Leadership, Management
There is a big difference between these two states, and they can have a powerful impact on the way organisations react to the decision maker.
Someone who is seen as decisive, but as yet undecided will be have the respect of others, who will usually assist in the process of coming to a decision in a positive manner.
By contrast, someone who is seen as indecisive, will be ignored, and work-arounds will be used to get things done, and at some time, if it is a personal trait, it needs to be removed from behavior patterns, or the individual will be removed.
