article thumbnail

How to Hold onto Your Customers in a Crisis

Leading Blog

I’ve observed companies panicking and doing anything they can to manage short-term cash—and destroying hard-earned relationships at lightning speed. They are letting short-term financial objectives become the North Star in an effort to keep the lights on. If you don’t have a forever promise, you’re sunk.

Crisis 326
article thumbnail

5 Steps to Build a Disruption Proof Business Model

Great Leadership By Dan

Hotels by AirBnB. You need a cushion of cash to allow you to focus on the long term. Once you know who they are, you can optimize not just your products, but your whole business—how you market, how you onboard, and how you support these people. Banks, by Paypal, Venmo, and ApplePay. Taxis by Uber & Lyft.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Today’s Organizations Are Outward Bound

Leading Blog

T HE TERM “outward bound” was originally used to describe ships departing their home port for foreign destinations. Some outsourcing has been around for a long time. And contractors in the construction industry have long used an extensive form of outsourcing. Now it needs a third use, for organizations.

article thumbnail

Leadership Lessons in Southwest Airline’s Fall From Grace

Modern Servant Leader

In servant-leadership terms, this is a failure of the principle, THOROUGHNESS. To be thorough means putting long-term results ahead of short-term gains. In their case, the desire to remain profitable every year was a short-term gain leadership chose over the long-term benefits of upgrading their technology.

Airlines 188
article thumbnail

HP Headed to Hotel California?

Women on Business

The HP Board of Directors has to be focused on prevention and good business practices to build a long term strategy. Deciding that personal computing is not a lucrative market is like spitting on small businesses. Having a reactive board is not good enough for a company as recognizable as HP. HP Has Decreasing Product Quality.

Hotels 150
article thumbnail

Leadership Lessons in Southwest Airline’s Fall From Grace

Modern Servant Leader

In servant-leadership terms, this is a failure of the principle, THOROUGHNESS. To be thorough means putting long-term results ahead of short-term gains. In their case, the desire to remain profitable every year was a short-term gain leadership chose over the long-term benefits of upgrading their technology.

Airlines 130
article thumbnail

The Toxic Leader

N2Growth Blog

Yet rather than being weeded out, they seem to survive and thrive in an institutional ethic that values by choosing short term greed over longer-term value and culture. One, let’s call him the ‘seagull’, has produced great performance short term by moving in changing everything, slashing costs and people, then leaving.