August 2010

It is not over until “You” sing!

Aug 13 2010
By: Doron York
Categories: Business Ideas
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In many conversations I have had in recent months with various business leaders, I have noticed an undiagnosed “symptom” that I would like to highlight.  That “things will all turn out; we just need to be patient”. or for some of you, the old adage that ” ignorance is bliss”.

This crisis my friend is very different than anything we experienced before. It is distinctly different in the following ways (at least in my humble opinion):

It is global – Stop listening to your local news. Get your head out of the sand and listen to the national or international news.  It will give you a broader and wider perspective.  You may hear that which you do not want to, but in some instances you might just capture some good news.

It is fundamental – This time it is not just on the surface, it is at the core. It is questioning our way of life not just our actions and our financial system.

It is evolutionary – Resiliency, as important as it is, is not necessarily the answer this time around.  Innovation, creativity, inventiveness and evolution, might be.   I’m not sure your banker, your CEO and especially not the government knows what will come next. The truth is though, that if you are not part of the solution you are part of the problem. It is not your attitude (positive philosophy that is) that needs to change; it is your fundamental operating habits.  It is what you do. Now.

It is social more than it is business – It is a radical shift from organizing and designing to serve the needs of the stakeholders to organizing and designing business to serve society.

It is here to stay – This shall not pass. There is no way for us to go backwards to what was comfortable and familiar; it is the nature of evolution.

It is not a financial crisis; it is socially economical in nature. The financial aspect is the outcome. It is a fundamental shift in our way of life and more than in the ways in which we spend, invest our money and manage our businesses. Consumer confidence is at an all-time low, not because of the credit crunch, but because people lost confidence in themselves. (If you are so bold as to tell the truth). If you want to hide your head in the sand, go ahead.

Don’t complain that you are being hit from the behind!

My grandfather’s generation had a very practical solution; “make sure you sell your products and services for more then you paid for them and do not spend more than you are making” – to simple for complicated minds, I say.

It is not a financial issue it is a common sense issue. You ether listen to the so called “experts “and yes everyone is an expert today (You know the same expert that got you into this mess is now telling you how to get out of it) or to basic human common sense.

What is your choice?

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I do not need a weather report!

Aug 10 2010
By: Doron York
Categories: Coaching Talk
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One successful corporate executive recently stated to me; “I do not need my people to give me a weather report; I need them to tell me how we can make umbrellas”. Inside the corporate culture for many years people that reach high level position in many organizations, carry with them the privilege and the entitlement that comes with it.  Part of the trend we are seeing in the market is that many organization have realized that they are truly, “Top Heavy”. We see more and more high level position being eliminated daily.

My notion is that it relates to the above statement. With today’s advance technological capabilities and ability, companies are in less of a need of layers of people to transfer and carry information internally from one level to another and attend endless numbers of weekly meetings.

In today’s world we assert the following:

An executive’s personal knowledge has value only if you can translate it to one’s ability to produce daily result.

Your organization’s senior leadership is not that interested in your opinions (Everyone has one), rather in your actions.

The statement; “Huston we have a problem” do not belong in today’s management world. “Houston we HAD a problem” is what is now desired.

Tell your management what CAN we do and not what we CAN’T do.

When you giving a report make sure that it is stated on how you solved the problem and not what is the “problem”.

The bottom line is that many seasoned executives are being replaced with young people that are creative, inventive and resourceful.  I have learned that for many industries, a career management today is being measured on a quarterly basis, What a life?

My daughter who is 21 year old, decided to take a semester at Melbourne University, Australia that is. In a matter of a few days, she complete the application had a place to stay a job offer and a car to drive and she did it all on her Blackberry without leaving the house.

Watch out she is coming to Corporate America and she is after your

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