Coffee for the Week


Dear Manager,

Today is Monday, kindly take note of the following. They will be useful in the course of your week.

  1.       Share all information that you have. This will help your team to function efficiently. However, an exception can be applied if your legal department is against sharing such information.

   2.       It is not enough to wish that people have the right environment to take on opportunities. You must create that environment for your team to thrive, innovate and drive revenue.

   3.       Don’t get used to saying NO. No is for fearful managers. However, It is useful when it goes against core values. But ensure there is an environment for people to say more YES to creativity and great work.  If you hear NO all the time, study the situation- fear is being established.

.     4. 80% of your attention must be focused on your core business. The proof of great work is revenues.

5.       While the health of the business is important today, the future is also important. A an executive, ensure that there is a loose environment for innovation. You can apply Google’s rule to innovation- 70/20/10

70% of resources goes into your core business, 20% is focused on your emerging business and 10% is focused on new projects.  
       
6.       The world is moving exponentially, you can’t move in a linear pattern. This means your team should think big. Typically, get them to take a view of the world 10 time better than what it is. Then, ensure your view is doable.

7.       Reward information sharing employees, Caution information hoarders. The former will strengthen your team, the latter will poison your team.

Comments

Post a Comment

Popular posts from this blog

Creating a Long Term Winning Culture in Your Organization: Lessons from Barcelona and Real Madrid.

Image
I have done extensive research on organization development this year. I am researching two major questions. 1. How are effective organizations built? 2. How do organizations manage change in a world where data and information is doubling every minute.? The performance of Real Madrid in recent years inspires another question. How do you create a long term winning culture? This long term winning culture starts with instruction, then it becomes established as a mentality using resources and other factors I will highlight and discuss later. You see this in teams like Barcelona and Real Madrid. The major factors that help in building a long term winning culture are 1. Resources 2. Brand leadership 3. An emphasis on winning 4. Community Ownership 5. High talent management strategy. 1. Resources. No team or organization can create a sustainable culture of winning without resources. In times of shortfalls it must have the ability to reorganize by investing
Read more

The Role of the Strategic Information Officer in the Information and Data Economy.

Image
These are interesting times, we currently live in the age of learning machines. In the information economy, organizations that gather so much data and that can learn from that data will have the competitive edge. We now need more literature from strategy scholars and practitioners. The new literature must show how data is impacting organizational strategy. Organizational functions and projects that generate most data will be the ones that will receive the best improvement. Organizations for competitive reasons must be designed and structured such that decisions will be taken at the point where data is generated. Departments, functions or teams that generate the most data will be different from other parts of the organization. They will have different group dynamics and their culture will be at little or significant variance with the other departments. We can see that data differentiates. This is not ideal for organizational health and internal strategic identity-
Read more

Leadership and Culture: Why Leaders Should Destroy Obsolete Cultures

Image
Leadership has many definitions and perspectives. To understand leadership many scholars and managers have tried to contrast it with management. The popular distinction is that, while management is concerned with order and stability, leadership must be heavily focused on helping organizations adapt to their environment (business operational, economic, political) etc. The role of leadership has gained more prominence in a world where technical skills abounds and where worthy captains that can lead organizations are in short supply. Leadership itself is not a function that exists in a silo from where it directs the activities of organizations and nations. Leadership operates through a mediating concept called culture.\ What is culture? Here in Nigeria, many people will agree that culture “is a way of life”. I will share a definition of culture from renowned social psychologist- Hofstede. ”Culture according to him is a collective programming that makes members of one
Read more