Archive for 2018

In 100 Words: Hourglass Leaders

Tuesday, May 1st, 2018 by AdvisorCatalyst

No, this message isn’t about using time wisely. The hourglass is a metaphor of something passing through a bottleneck. Specific to leaders, one chokepoint is our need to weigh in on too many different issues and decisions. This desire to review and provide input leads to final approvals stacking up in our inboxes. Speed of execution slows. There is an inverse correlation – the greater the amount of decisions and issues piled up on our desk, the less amount of work our teams are accomplishing. Determine where you can pass on decision authority. This will widen the neck of your hourglass.

“So much of what we call management consists in making it difficult for people to work.” Peter Drucker

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In 100 Words: Obsessing Over Big Ideas

Thursday, March 15th, 2018 by AdvisorCatalyst

Big Ideas are grand! Some leaders obsess over finding the next Big Idea. The latest company that races from concept to billion-dollar valuation captures our imagination. Strategy conversations spice up the humdrum of business. Leaders can become distracted pursuing new Big Ideas. Take note, there is a little secret with Big Ideas – you only need a few because the right ones remain true over time (e.g., faster delivery, more individualized service, exclusive prestige). Clarify your existing Big Ideas which will remain true over time. Invest to increase capabilities around those Big Ideas. In short, obsess over executing your Big Ideas!

“A company shouldn’t get addicted to being shiny, because shiny doesn’t last.” Jeff Bezos

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In 100 Words: Position Well

Wednesday, January 31st, 2018 by AdvisorCatalyst

Where do you produce your greatest value and are you positioned to do so? Do you know what activities lead to your best work? Do you orient your time accordingly? If not, start a time log.

Identifying what keeps us out of position is a good first step toward contributing our best. Many of us don’t properly structure our work activities. Maybe we haven’t given thought to which activities yield the highest returns. Possibly we hold onto work that should be delegated or stopped altogether. Then, there are those pesky distractions.

Evaluate how you can reposition to deliver higher value.

“There’s an awful temptation to just keep on researching. There comes a point where you just have to stop, and start writing.” David McCullough

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