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How To Help Your Team Think Like an Entrepreneur

Let's Grow Leaders

Back in her Verizon days, one of Karin’s favorite questions to ask a team member whom she was encouraging to think like an entrepreneur was: “If this was your company, would you _ (make this decision, hold this meeting, spend money in this matter, invest in this project)?” ” As you can imagine, the answer was often.

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Recommended Resources – An Interview with Paul Leinwand and Cesare Mainardi, authors of The Essential Advantage

Strategy Driven

In The Essential Advantage : How to Win with a Capabilities-Driven Strategy , Booz & Company’s Paul Leinwand and Cesare Mainardi maintain that success in any market accrues to firms with a coherence premium – a tight match between their strategic direction and the capabilities that make them unique. Let’s go after it.”

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We Can’t Study Short-Termism Without the Right Metrics

Harvard Business Review

What if concentrated market power of a few companies in an industry has made these companies more profitable than usual? However, it’s important to look closely at a company’s R&D spending, its R&D projects, and returns on such R&D. Corporate culture.

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Don’t Turn Your Sales Team Loose Without a Strategy

Harvard Business Review

When formulating a strategy, markets and segments are important categories to consider. But a market never buys anything. And, since they were spread out across a geographically diverse area, they represented a large enough market to support renewed profitable growth. Only customers buy. It did this in a few ways.

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What to Do If a Conversation Is Turning Loud and Aggressive

Harvard Business Review

But the potential upside made mouths water as they considered the untapped market potential that had been neglected by the current owners, for whom the business unit was a side line. Hours earlier he had pored over documents and noticed a glaring omission in the financial projections. Most of the execs lobbed softballs at Mel.

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Shape Strategy With Simple Rules, Not Complex Frameworks

Harvard Business Review

Employees frequently attribute breakdowns to incompetence or bad faith on the part of colleagues in other departments: "Those bozos in headquarters [or finance or marketing] screw everything up." Within three years, ALL's Brazilian rail operations had increased revenues by 50% and tripled EBITDA. Making better decisions.

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A Leadership Checklist: 10 Things To Do Right Now To Make It A.

Terry Starbucker

Study Up – Make sure you take the time to study the details of your business or project plan for the year ahead. Synthesize Goals – Now that you’ve studied the business/project plan (see above), you need to reduce it to “bite sized&# pieces so it can be effectively communicated throughout the organization.