Perspectives
Performance hurdles and ceilings
I was looking at a performance plan and bonus scheme for someone today and noticed a rather problematic hurdle. That's one of those statements that says you get a $10,000 or whatever bonus if revenue exceeds $1 million. These weren't the numbers but I blanched at the...
A New Definition of Success
I think I lost the plot for the last three months and after one of the busiest periods of my life, am finally getting back to having time to think. This got me wondering about the definition of success. It is one of those concepts that plague people and society has...
13 Steps to Better Strategy Execution
I'm teaching a course at U of T in Continuing Studies in the fall called Connecting Strategy with Action. It's all about driving superlative results through better strategy execution. The most remarkable outcome of students who take it is how they end up shifting...
The Organized Mind
Daniel Levitin has written an interesting book called the Organized Mind. I saw him speak the other day about the book and was fascinated by the stories he told about highly accomplished people. Not being one of those people, I listened closely to figure out what I...
Entrepreneurship Research Roundup
I'm continually finding interesting entrepreneurship research (among many topics) and thought that it might be useful to share it from time to time. I share on Twitter but it probably just zings by quickly so here is some interesting stuff. Failed Entrepreneurs Find...
Newsflash – 80% are Above Average at Driving (and Execution)
If you did a survey of drivers I think that you would find that 80% of them consider themselves to be of above average capability. I know I fall into that category yet I am guilty of speeding (most of the time), rolling stops (often) and running yellow lights...
Fixing Business Entropy
I'm back to talking about science and physics as a way to understand fixing business entropy. (See definition if you missed that blog. This may be boring or confusing but if you read it, I promise it will be good for you.) If you look at entropy in physical or...
Business Entropy
I've worked over the years in a variety of environments that were totally chaotic and always wondered why employees didn't do something about it. Why do people put up with chaos when they could be fixing systems to make them more orderly? Well thanks to a comment from...
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I was working away on a new business plan with Paul Engels of Veloxsites fame when out of the blue he said something like: "Stop the presses, we have to do this differently." Being an inquisitive type and not understanding what on earth he was talking about, I asked...