Scaling up businesses recruit talent, at multiple levels. Cultural fitness is one of the critical aspects to consider while hiring. Creating, nurturing a healthy culture in the Organisation is important alongside building and scaling-up the business. Hiring for competence is no brainer. But an appropriate hire would be the one who is functionally fit and […]
Setting an Operating rhythm in place is crucial in a Scale-up journey – consisting of a series of operational templates, reviews, check-ins, and execution routines that the Organisation practices in-sync. One of the key aspects in creating such an Operating rhythm is having well-structured reviews at different intervals, at multiple levels. And creating a review
We have heard ‘speed to market’ is critical. Possibly yes. What we also need to consider is ‘Pacing’ – Pacing oneself and one’s business to the speed that’s safe and smooth. Smooth is fast. Calibrating one’s pace while Scaling-up is supremely important. It’s strategic, it’s dynamic; and more importantly a conscious choice to make in
Happened to read about the 10:10:10 rule on decision making – that brings a perspective while seeking clarity on options available; especially when the solutions are not going to make everyone happy. It’s asking – how will we feel about it in 10 minutes from now? Would it (really) matter and how. How about 10
What gets measured gets done – anonymous. Measuring what we do leads to high performance. It’s important to measure (only) what (really) counts, for all that can be measured don’t (really) count. Also, how it’s measured needs to be simple enough, so that it gets measured on a consistent, constant manner; complex measurement / metrics
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Research shows people tend to pay more attention to bad / negative things than to good / positive things (known as Negativity bias). In a way, negativity is an attention magnet. When faced with challenges, we seem to be wired to focus overly on what’s going wrong; missing to learn from what’s working well. Leadership
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37 roles (out of 12,000 employees) drive 80% of the value for Blackstone, according to a McKinsey publication. These jobs are filled with Leaders fit for the task, says the article. It’s true with every business – a few roles determine, influence a large part of overall outcomes. These may exist at multiple levels –
While Scaling-up the Business, it’s important to adopt long-term approach even to short-term decisions. The decision-making process needs to incorporate a strong intent of influencing long-term future positively. Whether it’s in creating or defining Roles, allocating resources, addressing a special situation, creating an innovation roadmap – a conscious, long-term approach helps the growth and sustenance.
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According to a recent study of 5,000 businesses across 100+ countries, exceptional Leadership distils itself in to 2 key traits – Wisdom and Compassion. ‘Wisdom, the courage to do what needs to be done, even when it is difficult; and Compassion, the care and empathy shown toward others, combined with the intention to support and
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Research shows (only) 4% businesses Scale-up successfully. The vast 96% either survive or perish. 73% of Business failures are attributed to (just) 3 reasons: Product-Market mismatch, Inefficient Marketing and Communication, and Inappropriate Business model. Another study by researchers say 55% of new Businesses fail because of people issues. To Scale-up successfully, we need to do