by Art Petty | Oct 7, 2016 | Career, Leadership, Strategy
In an article in the Wall Street Journal entitled, “McDonald’s Knows It’s Losing the Burger Battle—Can it Come Back,” the chief executive suggests, “the company is trying new things and rethinking legacy beliefs.” That sounds like a...
by Art Petty | Oct 3, 2016 | Leadership, Leadership Caffeine, Leading Change
There’s an old saying in business, culture eats strategy for lunch. Many a leader has fallen victim to the decision to ignore a firm’s culture. Unfortunately, in this era of change, conditions sometimes necessitate shaking things up. My proposed revision...
by Art Petty | Aug 28, 2016 | Art of Managing, Leadership, Leadership Caffeine, Strategy
“Past performance is an indicator of future success.” While our financial documents state just the opposite as it relates to investment performance, we run our organizations as if it were a hard fast rule. In many circumstances, it’s a trap. Any recent job...
by Art Petty | Jul 13, 2011 | Decision-Making, Leadership
It’s time for the July Leadership Development Round Table Challenge! You may recall from last month’s inaugural event, this is where we put forth a vexing situation and a number of regular contributors plus one guest take the opportunity to share their...
by Art Petty | Mar 17, 2010 | Leadership, Leading Change, Management Innovation
Dan Ariely offers an interesting piece in the April, 2010 Harvard Business Review on “Why Businesses Don’t Experiment.” In this brief essay (only available for a fee as of this writing), he offers two main reasons for the lack of experimentation: “…experiments require...
