„IS IT ALL ABOUT LUCK? A CEO‘s contribution to a company‘s success varies between 4 and 5 percent; the share of luck in a CEO’s performance as up to 40 %. BioNTech’s founders discovered at the right moment that the mRNA molecule they had been working on in a different research context could be effective for vaccine use in COVID 19; thus bringing the first Corona vaccine to market. If we understand that the fate of a company is only to a small extent in the hands of the ability of leaders, we value skills other than the supposed wisdom and foresight of the lonely heroe at the top.“Continue readingIs it all about luck? What makes companies and its leaders successful.
Welcome back to our companion channel!
We already talked about FOCUS as one key element of good strategies. Today we are going to continue our little series and have a look at DYNAMICS as second key element of a thorough Corporate Strategy development process. In a VUCA world, good strategies need to be highly adaptable to a fast changing environment. But what does that practically mean? Let´s have a look!Continue readingSTRATEGY PROCESSES KEY LEARNINGS (2/3) – DYNAMICS
Happy new year to all of you & welcome back to our companion channel!
We hope you all had a wonderful time despite corona. Let´s start the year – as most of us do – to think about New Year resolutions. But instead of just reprioritizing the things you already do anyway and adding a few extra topics on top, we recommend doing it completely differently this time: What are the 3 things you and your team should stop doing this year? No Idea?
Read more to get some inspiration! Continue readingSame procedure as every year? Checklist for New Year’s resolutions
Amundsen and Scott raced against each other in 1911/12 to South Pole. They choosed two contrary strategies, tactics and leadership styles to be the first one at the pole: extreme versus balanced leadership. Immerse yourself in two completely different paths to one goal: making the impossible possible.
We wish you all a merry christmas and a healthy, fulfilling and lucky new year!Continue readingExtreme leadership versus balanced leadership
What makes your corporate strategy a good strategy? In our work we found, despite all individual differences, three elements: focus, dynamics and ambition. Today´s video talks about the first element.Continue readingSTRATEGY PROCESSES KEY LEARNINGS (1/3) – FOCUS
This companion channel episode is all about dealing with bullshit at work. How do you recognize, voice and prevent bullshit? Continue readingHow to deal with bullshit at workspaces
Annual performance reviews are often seen as a necessary evil that is usually squeezed into the tight end of the year schedules of managers and employees. In this week’s post we illuminate how you can transform these rather unpleasant and unproductive meetings into fruitful learning experiences. Continue readingThe annual performance review for your employees: Time well-invested!
This companion channel episode is all about leadership communication in daily business. Do you know the situation when several people want to say something, and everyone is “fighting” to finally get the word? When leaders talk without full stops and commas and without an end? In meetings, in 1:1 conversation, in briefings in project reviews or even when your boss takes a deep breath and starts talking again? We react annoyed! An enjoyable conversation? No chance at all! For those of you who are willing to critically review their communication habits we introduce a simple but powerful method – the “speech cake”.
Attracting new excellent employees is difficult enough – but how to make them stay? This week’s post sheds light on some common mistakes, and how leaders can avoid them. Continue readingMaking talents stay: 5 essential DON’Ts
In a world that is becoming more and more complex, entrepreneurial decision making is much more difficult than it used to be in the past. In times of constant change, wrong decisions can and do happen. It is the reluctancy to course correct decisions that often leads to high investments into projects that are already dead. In this weeks companion channel, we will shed some light at this phenomenon which is known as the sunk cost fallacyContinue readingA key barrier to change: SUNK COSTS