Ability to focus significantly influences the quality and quantity of outcomes. By focusing on what’s is truly important, Business Leaders could increase productivity by up to 50% ( says a study by McKinsey), improve decision making accuracy by up to 90% (says a study by HBR). Our ability to focus is considerably enhanced by improving […]
A recent McKinsey research finds that 5% of employees deliver 95% of an organization’s value; and that the highest performers in a role are 800% more productive than average performers in the same role. It’s crucial for a business to: (1) identify ‘High Value Roles’ – the roles that are most critical in the business,
Leaders need to exercise prudence while choosing whom they associate with. Warren Buffet cautions – You want to associate with people who are the kind of person you’d like to be. (because) You’ll move in that direction. We’ve never succeeded in making a good deal with a bad person. The risk is not just that
Scaling-up businesses constantly require leadership and execution skills that are outside their current realm of affairs. It’s essential therefore to keep a close watch over the skills, competencies and profiles that are needed to deliver evolving roles and business needs. Filling right roles with right people is critical – either by grooming, equipping existing people
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A sense of urgency is essential for a business to achieve its goals. It allows for faster decision-making and implementation of plans, which leads to quicker achievement of intended outcomes. However, acting with a sense of urgency is different from acting in haste. The sense of urgency is a mindset that can be learned and
Simplifying Execution leads to Excellence. Execution has a tendency to get complex even when strategy is simplified. The key is to know where the complexity is, so that it’s possible to unpack the complexity, and simplify. Leaders could find that by asking questions such as ‘what would make it easier for you to execute your
As the world gets more complex, simplifying becomes even more relevant for businesses – both in terms of Strategy and Execution. Simplifying the Strategy makes it clear and actionable. Simplifying the Execution leads to excellence in execution. Complexity, wherever it exists, adversely impacts the business performance – making it imperative for a Leader to simplify.
Globally (only) one in two employees know what is expected of them at work, says a research report. This means half the employees worldwide don’t know their role well enough, and if they’re succeeding or failing. Not knowing what’s expected causes confusion, anxiety, higher levels of stress, loss of sleep and disappointment to the team
In business softer aspects seem harder to execute. Research shows only 1 in 3 strategies is executed successfully – the key reason being that change generates resistance. In businesses, especially the ones on scale-up phase, getting the soft stuff (aspects relating to people and culture) right can be hard stuff. As a leader, am I
Aligning accountability with ability to influence outcomes (read as authority) is critical for high performance. Therefore, it needs to be factored into the roles, responsibilities, measures and metrics in our business. This also means people and teams need to be goaled and measured on metrics and expectations that they influence, that results from their actions;