Can Marissa Mayer save Yahoo? If she does she’ll be hailed as a great leader, in demand to turn around the next struggling digital media business, or maybe she’ll make a leap into another sector that needs her touch. If Yahoo doesn’t make it, well, it’s probably not her fault. There are lots of factors working against her, not least timing – it might just be too late. Do you see the logical fallacy here? Read More
I’m always on about the importance of having a clear business purpose – not necessarily the lofty do-good type that P&G, Unilever and co now seem to think they must have, just a reason why an enterprise exists, what it’s there for, in terms that its customers would recognise and value. This Harvard academic thinks so too, and makes the case brilliantly in this pithy book. It’s an accessible, human approach to business strategy development, Read More
Well it’s not rocket science, is it? So if good business is mostly common sense, here’s a book that lays it out clearly and simply, with a few guiding principles, and the recurrent theme of seeing your business as customers see it. According to Leahy, this means eschewing conventional market definitions and boundaries, constantly looking around and listening to customers for things you can do better for them, and then trying things out. It’s a good straightforward read, Read More
“People will forget what you said, people will forget what you did, but people will never forget how you made them feel.”
Maya Angelou Read More
There’s a whole industry built on having sporting achievers speak to business people, and the received wisdom is that we can learn from them. We can – but not what you might think. It’s not so much about the value of commitment, belief, teamwork – all that inspiring stuff – as it is about seeing a fulfilled person, and wanting to share that feeling. Here’s my blog post from Brand Republic.
Sir Matthew Pinsent is a very big man, Read More
“The business schools reward difficult, complex behaviour more than simple behaviour, but simple behaviour is more effective.”
Warren Buffett Read More
Banks, eh? Easy to knock them, but what can we learn from their travails? Well, they illustrate perfectly how a. incentives drive behaviour, and b. delighting shareholders is unlikely to be a winning strategy in the long term. John Kay’s book Obliquity explores the principle that complex goals are best achieved indirectly, with examples of companies which achieved sustainable profitability by focusing not on their profit goals but on what their customers needed from them. Read More
The best advice I got?
When I was a graduate trainee, a sales manager who spent every lunchtime in the pub told me: “Everyone has something to teach you.”
The worst advice I got?
When I arrived in a new company as CEO, a very experienced account man told me not to bother getting to know a major client as he had it under control. Of course, we lost the business. Read More