I’ve been mildly surprised that the book, Beyond Performance-How Great Organizations Build Competitive Advantage by Scott Keller and Colin Price, hasn’t commanded more attention in mainstream business circles. Perhaps we’ve grown numb to the almost endless number of books purporting to show us the way to sustained success. However, don’t let the existence of 25,000 or so books published on managing change during the past two decades, blind you to some of the important and data-backed conclusions of Beyond Performance. Here are some reasons why this may be one of the more important books you will read this decade:
The Leadership Caffeine Blog
Lessons in Management Innovation from Main Street
During the past few years, I’ve marveled at the start-ups and small to mid-sized businesses in my community who didn’t need an army of consultants or MBAs to teach them the very relevant and important lessons that Reeves and Deimler share in their recent Harvard Business Review article, “Adaptability-The New Competitive Advantage.”
No One Asked My Opinion…But $100 Billion for What?
As of this writing, the world is abuzz with the expected Facebook IPO. The number $100 billion is being floated and passed around (probably by those who stand to benefit from a big IPO), and whether real or wild speculation, that’s a number that gives one cause to pause. This is beginning to feel like Déjà vu all over again (thanks, Yogi Berra), much like that fascinating period in the late ‘90’s when stratospheric valuations were applied to firms that had no products, no earnings and sometimes no revenues.
Strategy-Towards Hypotheses, Experiments, Involvement & Learning
Few would argue that a nimble, quick-to-learn and quick-to-adapt organization is a bad thing. Given the rate of change in our world, those characteristics are increasingly table-stakes for survival and success. Why then has the approach to strategy and the notion of “strategic planning” in so many organizations remained mired in a 1960’s kind of static, top-down event-focused model? Here are six ideas to transform your organization’s approach to and effectiveness with strategy.
3 Key Strategy Questions to Ask Your Teams Regularly
In my experience, the management teams that lead the best performing businesses are those that incorporate at least three key strategic questions into almost every operational and status discussion. The gross majority of the dialogue in an organization is about How, and Who and When and the important What and Why issues are left for strategy meetings and other “high-level” discussions. While understandable in the hectic pace of the workday, the shortage of these important What and Why discussions reinforces a dangerous form of operational myopia, where the underlying and unspoken assumption is: If we simply get this done, we’ll be better off as a firm
Ten Places Where Management Teams Misstep on Strategy
Strategy…the discussions…the decisions and of course, the execution, is hard work filled with ample opportunities to misstep. From revisiting and updating the underlying assumptions about your business, markets and competitors, to the vexing issues of deciding what to do and what not to do, it’s no surprise that many management teams avoid this work and focus more on incremental operations planning and improvement. However, for those who are courageous enough to go down this important path and do the heavy lifting, here are my top 10 pitfalls and speed bumps to avoid during your journey. 10 Places Where Management Teams Misstep on Strategy…
Management and Leadership Week in Review for Oct 21, 2011
This week’s selections include content on The Great Tech War of 2012, ideas for strengthening your coaching skills, insight into three critical leadership skills and a book that offers something for all of us as we try to escape the pull of the past in our organizations.
Leadership Caffeine™—10 Situations to Throttle Back on Speed
Somewhere on the way to this world we now live and work in, “speed” became a proxy for success. Speed is undoubtedly important, but beware relying on it as the sole indicator of effectiveness. It’s a cruel tyrant, demanding fealty from followers, while discouraging critical and deep thinking and focusing solely on time-to-response as a metric of success. Here are at least 10 situations where you should resist the need for speed and call a timeout:
Escaping the Gravitational Pull of the Past
If you work in a firm struggling to redefine itself and maintain its relevance in this changing world, you’re not alone. You’re also involved in a battle for your firm’s life.
Why It’s Time to Ditch Your Plans for the Summer Strategy Off-Site
From the symbolism of the annual off-site strategy event to the cost to the fact that strategic thinking time is reduced to a once or twice a year event, this approach is anachronistic in a world with markets and conditions changing daily. In twenty years of these things with some great people and great businesses, I’ve yet to see anything come out of these meetings that changed our businesses. I will offer that they did allow for another layer of vetting and idea absorption. Nonetheless, the heavy lifting took place with others outside of the cozy confines of a resort or hotel meeting room. It’s time to ditch the annual strategy off-site.

