Class Room - to – Board Room – to - Home
Plan whole life & Groom yourself
For
young college student & aspiring Corporate Manager
Job Interview & Group Discussion to
Public Speaking in Board Rooms.
ABOUT PROFESSOR - Dr
(Colonel) John Chenetra
Well
known Public Speaker &Trainer.
Ex CEO, COO, CMO,
Head World Bank Gujarat Earthquake Project, Army - 20 years & Corporate
experience - 21 years.
Alumnus of
National Defence Academy, MCTE
PhD from Mumbai
University.
Professor - Hinduja Management College
(Public Speaking, Communication & Negotiation Skills
Chairman of Communications Forum at CNI
Youth
GET JOB
Match Careers and Skills Sets:
•
Sales / Customer Relations /
Training – Extrovert, Communication Skills, Aggression
•
HR, Training – Empathy, People
Skills
•
Operations, Production – Goal
Orientation, Aggression
•
Finance / Statistics /
Technology IT / ITES, Ecom, Purchase – Analytics, Domain Knowledge, Patience
for repetitive work
•
Field Investigations, Liaison,
Media Research, Market Research - Energy, Inquisitiveness, Patience, Driving
•
Marketing, Advertising, ,
Planning, Strategy, Journalism, , Direction, , Script Writing, - Mental Toughness, Creativity
Top
10 Sites for your career
1.
Linkedin
2.
Indeed
3.
Naukri
4.
Monster
5.
JobBait
6.
Careercloud
7.
Dice
8.
CareerBuilder
9.
Jibberjobber
10. Glassdoor
Non Tech Skill Sets
Communication Skills, Technology, Website,
SEO, People Management, Leadership, Analysis, Writing Skills, Microsoft
Projects, Web Designing, Graphics, Creatives,
Story Writing, Acting, Drawing, Art, Camera/Photography, Editing, Story
Telling/Scripting, Journalism, Public Speaking, Liaison, Finance, Marketing,
Music, Cinematography
Top
10 Tech Skills in demand
1. Machine
Learning
2. Mobile
Development
3. SEO/SEM
Marketing
4. Data
Visualization
5. Data
Engineering
6. UI/UX Design
7. Cyber-security
8. Cloud
Computing/AWS
9. Blockchain
10. IOT
11 Sites for Free Online Education
1. Coursera
2. edX
3. Khan Academy
4. Udemy
5. iTunesU Free
Courses
6. MIT
OpenCourseWare
7. Stanford
Online
8. Codecademy
9. ict iitr
10 ict iitk
11 NPTEL
10
Sites to learn Excel for free
1. Microsoft
Excel Help Center
2. Excel
Exposure
3. Chandoo
4. Excel Central
5. Contextures
6. Excel Hero b.
7. Mr. Excel
8. Improve Your
Excel
9. Excel Easy
10. Excel Jet
10
Sites to review your resume for free
1. Zety Resume
Builder
2. Resumonk
3. Resume dot
com
4. VisualCV
5. Cvmaker
6. ResumUP
7. Resume Genius
8. Resumebuilder
9. Resume Baking
10. Enhancy
10
Sites for Interview Preparation
1. Ambitionbox
2.
AceThelnterview
3. Geeksforgeeks
4. Leetcode
5. Gainlo
6. Careercup
7. Codercareer
8. InterviewUp
9. InterviewBest
10. Indiabix
Get a Call
1.
Identify your Passions,
Strengths & Weakness and decide ‘Type of Job, Company & Location.
2.
Open a gmail account & fix
a password that you will never forget.
3.
Select a mobile number that you
will not change and a smart phone.
4.
Take a passport photograph in a
Formal Suit and a Tie (Bust -Chest & Face only)
5.
Prepare 2 page CV &
Covering Letter (Only summary - Name, Designation Education, Experience,
Skills, Achievements). Take help if required.
6.
Post CV on LinkedIn, Indeed,
Naukri, Monster, Facebook, Twitter (Short profile)
7.
Email CV as many placement
agencies & contacts.
8.
Look for companies trying hire
and register in Careers on their websites.
9.
Speak to & Visit Placement
Agencies & discuss your skills & Salary expectations.
10.
Send CV to friends & use
get referred through Employee Referral Schemes.
11.
TYPICAL CALL
(EXAMPLE)
Good Morning. My name is ________________ Mr.
______________ gave me your name. Did I catch you at a good
time?" "The reason I'm calling
is to seek your help me find a job in (City). I am an MBA from --- and
have – years of experience in ----as a Marketing Manager. My main skills are
-------------------------------------------
REGISTER WITH THE FOLLOWING
www.naukri.com
https://www.topexecutivesearchfirms.com/
Interviews
HOW TO PREPARE EMOTIONALLY FOR THE
INTERVIEW
·
Focused, enthusiastic,
confident, crisp & to the point, passionate, ambitious, team person.
·
Your energy, maturity,
emotional stability& Cultural fit will determine whether you get hired.
·
First impression matters.
Normally the most qualified person never gets hired.
·
Read the job description and
research company carefully. Ask for more details
·
Look into the eyes of the
interviewer and act confidently.
·
Be honest and enthusiastic and
highlight your strengths by giving examples of Important Qualities –
Personality, Motivation, Leadership, Flexibility, Decision Making, Go Getting
Attitude, Conflict & Problem Solving
Skills, Loyalty, Integrity, Creativity
·
Describe your personality
honestly and why this job excites you. Do not speak ill of your previous
company.
·
Do not try making a Positive
when asked about a Weakness "I'm a perfectionist" and turn it into a
positive. Interviewers are not fooled. Honestly highlight a skill that you wish
to improve upon and describe what you are proactively doing to enhance your
skill.
Beliefs you must develop
You are a Winner &
Good Things Will Happen
Failure is Not Final;
Failure is Feedback
Patience is a
Virtue
No One is a Finished
Product
Everyone is Created for a
Bigger Purpose
How to Dress up
•
Males – Formal (Coat &
Tie), Females Formals or Saree, Sober Make up, light Deodorant/Perfume, bag,
Pen , Highlighter, Certificates, CV, Visiting Card, Mobile Off, Reach 15 minutes
early
HOW TO HOLD THE INTERVIEWER’S
ATTENTION?
Attention Level – 0 to 10
Seconds is 100% ,10 to 60 Seconds it falls to 50%, 60 to 90 it falls to almost 10% if there are
no interruptions. Near the end of your long response the interviewer starts to
formulate their next question unless you keep them engaged. By asking a
question you promote two-way communications and minimize the risk of talking
too much. This helps you ensure they are listening while you talk
SOME QUESTIONS YOU SHOULD PREPARE FOR
Tell me about yourself?
EXAMPLE
"I am a presently ‘Senior Executive
Accounts’. I have a lot of experience in
tax issues and audit. (expertise and skills)
My experience includes carrying internal audit for ISO 9000 and
resolving tax issues for the last 2 years (insert knowledge or skill) I
have worked in the Construction Industry and t6he Media Industry. My background
also includes roles as Junior Accountant (position title), Senior Accountant
(position title) and Senior Auditor (position title). My education/certifications
include CA (degree or certification) and M. Com. I would like to be
described by my Colleagues as ‘results focused’ & ‘details oriented.
Highlights of my professional accomplishments include winning the “Employee of
the Year Award in 2003 and the ‘Best Suggestion Award in 2004
·
Why do you want to leave your
previous organization and join us?
EXAMPLE - "My company merged with another firm and
the new management wanted to bring in their own team. Prior to the merger I was
a strong performer with positive performance reviews."
Provide References and Proof - Provide references from a former
colleague and boss to verify his performance. Demonstrating a confidence and
willingness to provide references to support your reasons for leaving is a
powerful way to ensure you are believed.
·
Give an example of a successful
project, your role & why it succeeded?
·
How would your subordinates
describe your management style, strengths & Weaknesses?
·
Give me an example of handling
underperforming employee
·
Where do you see the industry
going? What are you doing to stay on top of these changes?
·
What are the most important
things to you about any job? Is it the
pay, the opportunities, feelings of self-worth, fellow employees, location,
benefits, etc.?
·
Tell me about a time when you
accomplished something significant that wouldn't have happened if you had not
been there to make it happen.
·
Describe for me a time when you
may have been disappointed in your behavior.
·
Tell me about a time when you
had to discipline or fire a friend.
·
Tell me about a time when
you've had to develop leaders under you.
·
Do you want to ask me
something?
EXAMPLE OF QUESTIONS YOU
MAY ASK
- What position are you considering me for?
- What are the top challenges that I'll face in this job?
- What are the
characteristics of people who are most successful in your company?
Psychological Preparation
How to prepare emotionally for the
Interview
•
Worst case – Not hired. –This
is practice and I will learn from it. It
is one out of the 100 chances you will get. .
•
I will be honesty &
frankness – God will decide the result
•
I will be Patient. I will not
get stressed out. I will be positive and hopeful to the end.
•
There is nothing to lose and
all to gain.
•
I will not be negative about my
present Employer or any thing else.
Group Discussion
HOW TO DO WELL IN A GROUP DISCUSSION
·
Grab the opportunity to be the
first speaker and to Introduce the topic. Keep a pre-prepaired 5 sentence –
EXAMPLE – Good Morning friends. – Name the Topic. – This has been the center of
discussion in many forums and it the media. This topic has great importance s
in our lives and I am glad that we are discussing this today. As per my view –
I believe that ---------.
Now let us have the views
of some of us.
·
Listening carefully and look
for a chance of butting in (Don’t do this too often).
·
Agreeing with a person and
elaborating it by giving an experience or examples
·
Disagreeing & giving
examples.
·
Looking on both sides of a
coin. Intervening to get a balanced view.
·
Intervening during a conflict
between 2 people fighting immaturely.
·
Co-operating & leading.
·
No cornering or making fun of
participants
·
Intervening & giving a
chance to a timid participant.
·
Giving examples &
experiences
·
If you did not get a chance to
start the discussion then you must try Concluding (EXAMPLE –This has been an
interesting discussion. We have got diverse views. It appears to be evenly
balances and hence we need to make our individual choices ------ not your own
view, no final decision )
Personality Traits Gauged in Group
Discussion
•
Ability to interact in a team
•
Communications Skills
•
Reasoning ability.
•
Leadership skills.
•
Initiative & Enthusiasm.
•
Assertiveness.
•
Flexibility.
•
Nurturing & Coaching Ability.
•
Creativity.
•
Ability to think in ones feet.
Test (Objective & Essay Type)
OBJECTIVE
TYPE QUESTIONS : - Normally has 4 Answers to select
from
TYPES OF NEGATIVE MARKING
1.
Correct Answer +1, Wrong Answer – 1 – ANSWER ONLY IF YOU ARE SURE
2.
Correct Answer +1, Wrong Answer - 0.5 – ANSWER ONLY IF YOU CAN
ELIMINATE 2
3.
Correct Answer +1, Wrong Answer -0.25 - ANSWER EVEN IF YOU CAN
ELIMINATE 1
4.
NO Negative Marking – MUST ANSWER ALL QUESTIONS
ASSUMPTION
–
You are sure about (50 out of 100
Questions)
You can identify 1 wrong answer (34 out of
100)
You can identify 2 wrong answers (16 out of
100)
|
Negative
Marking |
+1& -1 |
+1 &-0.5 |
+1 -0.25 |
No Negative |
|
Strategy –
Answer if |
(Only
sure) |
(Only if 2 eliminated) |
(if even 1 eliminated) |
Ans ALL |
|
Correct
Known(50) |
+50 |
+50 |
+50 |
+50 |
|
Eliminate 2
answer(16) |
0 |
+ (8*1)–(8*0.5)=4 |
+ (8*1)–(8*.25)=6 |
+8 |
|
Eliminate 1
answer(34) |
0 |
+(11.33*1)-(22.66*.5)=0 |
+(11.33*1)-(22.66*.25)=11.33-5.67=17 |
+17 |
|
Total Marks |
+50 |
+54 |
+ 73 |
+75 |
ESSAY
TYPE PAPER:-
Divide
Time by number of marks to find number minutes you can spend per mark and
multiply by the marks for each Question. Then spend that much on that
particular Question.
NOTE
:- BASIC AIM IS NOT TO LEAVE ANY QUESTION – WRITE SOMETHING (minimum 10 lines)
Try
to use the below format where ever possible:-
CENTER HEADING
Group
Heading.
These are Group Headings like Introduction, Factors to be Considered,
Effects of Factors & Conclusion
Introduction
For Group Heading have no full stop in the end
& the writing starts on the 2 nd line. If you have multiple Factors here
also then you list them under Para
Headings as follows:-
1.
Cause 1. This is described in sentences starting on
the same line
2.
Cause 2. Para Heading are in Bold. The writing starts on the next line. When you have multiple
Factors to be considered then under each Para Heading you list them under Sub Para Headings as follows:-
(a) Sub Para Heading.
(b) Effect of Cause 2:-
(i)
Sub Sub Para Heading
(ii)
Result 2 is Severe Poverty
NOTE
-
ALL
LEVELS OF THE HEADINGS (Group Heading, Para Headings, Sub Para Headings and Sub
Para Headings are in BOLD & are underlined.
Exam Shortcuts
Read Syllabus
Highlight When Reading
Speech Notes (mobile app) to dictate into
(to get Notes)
2 to 5 Practice Papers must be done with
proper Time Management
Never leave any Question Blank except in
Objective Tests where Negative marking is more HALF
Studying for Retention
•
Highlight or underline as you are reading.
•
Write important points / new words
in the margin
•
Read Preface, Executive Summary and about the Author before you
start the book.
•
First run through the index.
•
After you finish each chapter dictate the main points into a voice
dictation software like Speech Notes (Android Play Store)
•
Carry out an exercise or project to use that knowledge practically
within 1 week.
Salary
It is best to avoid this question about
your current salary during the first interview. However if it is asked again it
should be given correctly – otherwise it will create problems later. If asked
what your current expectations you can safely ask for an increase of 30%.
CAREER SETTLING DOWN
- Most
Important subject (both personal & professional).
- Not
taught but learned (eg Gandhi).
- Not
theory but practical.
- Most
important to understand the reporting structure and the “Norms for communication laid down in a
company & Rules for the class ”
These are not normally written down. You must read the HR Manual and the
Employee Hand book thoroughly. Ask the HR to brief you in detail.
- Find a
buddy who has been in the organization for over 2 years and take his help
to understand the internal politics and power struggles and avoid them.
- Understand
the etiquettes of not only speaking but
also written, e mail, phone call, body language that is
established.
Boss Handling
·
Don’t try
to get too close too soon
·
Take notes
and see that you complete assignments before time
·
Discuss
problems and obstacles directly with the boss well before the time line.
·
Be honest
and ask for training as soon as a task is assigned to you.
·
Go well
prepared for meetings and show that you fit into his team culturally and
competence wise
·
Never
speak behind any one’s back.
·
Show
enthusiasm and energy and willingness to take bigger responsibilities.
Building a reputation
·
Project a
business like personality with great dependability and hardworking nature
·
Don’t try
to please everyone or get too close to seniors
·
Show focus
to adhere to time lines.
·
Be honest
and show willingness to learn.
·
Show that
you are a good team man and a good cultural fit
·
Show
dislike for gossip and politics.
·
Show
enthusiasm and energy and willingness to take bigger responsibilities.
Handling Office Politics
·
Don’t try form
groups
·
Never try
to corner any one
·
Discuss personal
problems in private with your boss only.
·
Be honest
and never try to manipulate.
·
Understand
the power structure and the tendencies of each person and the groupism.
·
Never
speak behind any one’s back.
SOFT SKILLS
• Communication. (Written and Verbal) are of utmost importance in
the workplace because they set the tone for how people perceive you.
• Teamwork.
• Adaptability.
• Problem solving &Critical observation.
• Conflict resolution.
• Strong Work Ethic.
• Positive Attitude.
• Good Communication Skills.
• Time Management Abilities.
• Problem-Solving Skills.
• Acting as a Team Player.
• Self-Confidence.
• Ability to Accept and Learn From Criticism.
• Leadership Skills. Companies want employees who
can supervise and direct other workers.
• Problem Solving Skills.
• Work Ethic. ...
• Flexibility/Adaptability &Interpersonal
Skills.
Communications
TYPES OF COMMUNICATION
Only 7 % of communication happens through
words and 93% of communication happens through non-verbal cues of which:
- 55%
through facial expressions
- 38%
through vocal tones
VERBAL COMMUNICATION
- Conversations
- Discussions
- Telephonic
discussions
- Video
Conference
NON VERBAL COMMUNICATION
- -
Communication is far more than what you say. It’s how you say. Body
Language is “How you say it”. It involves intrapersonal communication,
understanding yourself and participating in effective self-communication
- Body
language includes :-
- Kinesics,
Proxemics & Paralanguage
- Intention
- Manner:
directness, sincerity
- Dress
and clothing (style, color, Appropriateness for situation)
- Signs
& Symbols.
INTERESTING THINGS ABOUT BODY LANGUAGE
- It has
no words or sentences, but it does send bits of information that combine
into messages.
- Those
messages, which are sometimes clear and sometimes fuzzy, are mostly about
your feelings.
- People
can learn to read those messages with a fair degree of accuracy.
- You
cannot not have body language- you are sending messages nonverbally all
the time. Especially when you are trying not to!
- Your
preferred body positions and movements do say something about the kind of
person you are.
- If your
words say one thing and your body another then people will believe your
body, not your words.
- You can
change how you’re feeling by consciously changing your body language.
COMMUNICATION SECRETS
- Effective
and persuasive communication is the greatest of all the keys to success.
- Success
= Talking so people listen and listening so people talk
- People
are attracted to the people who make them feel secure, free and happy.
- By
making others feel special; they will realize how special you are.
- How do
you inspire people to communicate your point of view?
- How do
you encourage people in your life who currently ignore your ideas may
reconsider and take notice?
- What
simple things can you do so people will pay attention to what U have to
say at home, at work, among professional circles ?
ACTIVE LISTENING
- It’s
about listening and responding and the act of mutually disclosing inner
feelings and thoughts to others. Listening goes beyond attentively waiting
for other people to stop talking. It really means getting inside of their
hearts and minds and experiencing life situations
- Listen
for concepts, key ideas and facts.
- Be able
to distinguish between evidence and argument, idea and example, fact and
principle.
- Analyze
the key points
- Look
for unspoken messages in the speaker’s tone of voice or expressions
- Keep an
open mind.
- Ask
questions that clarify.
- Reserve
judgment until the speaker has finished
- Take
meaningful notes that are brief and to the point
- Avoid
distractions
- Do not
interrupt unnecessarily
- Be
active (show interest)
- Paraphrase
what you’ve heard
- Throw
an echo
BODY LANGUAGE OF AN ACTIVE LISTENER
- The
Listener keeps looking at the speaker
- The
Listener’s body is in ‘open’ position
- The
listener is smiling with a pleasant &encouraging expression
- Listener
looks relaxed but alert, neither tense nor slouching
- Listener
utters humming sounds
WHILE SPEAKING OVER PHONE
- Write
down in advance what you want to say and in what order
- Smile
- Speak
slowly
- Always
be polite and friendly
- For
long messages, follow a script
- Monitor
your time
- Be
clear and concise (tone, accent, emphasis, pronunciation)
- Cite
negative opinions honestly, but in a positive manner
- Seek
Feedback
Leadership
Definitions
Leadership is the process of
influencing the thinking, behavior and efforts of team members towards the
achievement of organizational goals.
Leadership is a winning combination of personal traits and the ability to
think and act as a leader, a person who directs the activities of others for
the good of all.
"Leadership is the art of getting
someone else to do something you want done because he wants to do it." – Dwight D. Eisenhower
"A leader has the vision and
conviction that a dream can be achieved. He inspires the power and energy to
get it done." – Ralph Lauren
"The best
leaders are those most interested in surrounding themselves with assistants and
associates smarter than they are. They are frank in admitting this and are
willing to pay for such talents."
– Amos Parrish
"Reason
and judgment are the qualities of a leader." - Publius Cornelius Tacitus
100 Answers to
the Question: What Is Leadership?
If you Google the word
leadership you can get about 479,000,000 results, each definition as unique as
an individual leader.
It’s a difficult concept
to define, perhaps because it means so many things to different people.
Here are 100 of the best
ways to define leadership–choose the ones that fits best for you.
1. “A leader is best when
people barely know he exists, when his work is done, his aim fulfilled, they
will say: we did it ourselves.” –Lao Tzu
2. “A good leader takes a
little more than his share of the blame, a little less than his share of the
credit.” –Arnold Glasow
3. “The ultimate measure
of a man is not where he stands in moments of comfort, but where he stands at
times of challenge and controversy.” –Martin Luther King Jr
4. “You don’t need a
title to be a leader.” –Mark Sanborn
5. “It is better to lead
from behind and to put others in front, especially when you celebrate victory
when nice things occur. You take the front line when there is danger. Then
people will appreciate your leadership.” –Nelson Mandela
6. “Leadership and
learning are indispensable to each other.” –John F. Kennedy
7. “The greatest leader
is not necessarily the one who does the greatest things. He is the one that
gets the people to do the greatest things.” –Ronald Reagan
8. “Successful leadership
is leading with the heart, not just the head. They possess qualities like
empathy, compassion and courage.” –Bill George
9. “The task of
leadership is not to put greatness into people, but to elicit it, for the
greatness is there already.” –John Buchan
10. “A great person
attracts great people and knows how to hold them together.”–Johann Wolfgang Von
Goethe
11. “When the leadership
is right and the time is right, the people can always be counted upon to
follow–to the end at all costs.” –Harold J. Seymour
12. “Leaders must be
self-reliant individuals with great tenacity and stamina.”–Thomas E. Cronin
13. “Leadership: The
capacity and will to rally people to a common purpose together with the
character that inspires confidence and trust.” –Bernard Montgomery
14. “All of the great
leaders have had one characteristic in common: it was the willingness to
confront unequivocally the major anxiety of their people in their time. This,
and not much else, is the essence of leadership.” –John Kenneth Galbraith
15. “Leadership is the
capacity to translate vision into reality.” –Warren Bennis
16. “Leadership defines
what the future should look like, aligns people with that vision, and inspires
them to make it happen, despite the obstacles.” –John Kotter
17. ” I start with the premise
that the function of leadership is to produce more leaders, not more
followers.” –Ralph Nader
18. “I think leadership
comes from integrity–that you do whatever you ask others to do. I think there
are non-obvious ways to lead. Just by providing a good example as a parent, a
friend, a neighbor makes it possible for other people to see better ways to do
things. Leadership does not need to be a dramatic, fist in the air and trumpets
blaring, activity.” –Scott Berkun
19. “Leadership is the
capacity to influence others through inspiration motivated by passion,
generated by vision, produced by a conviction, ignited by a purpose.” –Myles
Munroe
20. “Leadership is
unlocking people’s potential to become better.” –Bill Bradley
21. “The art of
leadership is saying no, not saying yes. It is very easy to say yes.” —-Tony
Blair
22. “Effective leadership
is not about making speeches or being liked; leadership is defined by results
not attributes.” –Peter F. Drucker
23. “One measure of
leadership is the caliber of people who choose to follow you.” –Dennis Peer
24. “Innovation
distinguishes between a leader and a follower.” –Steve Jobs
25. “Leadership is simply
causing other people to do what the leaders want. Good leadership, whether
formal or informal, is helping other people rise to their full potential while
accomplishing the mission and goals of the organization. All members of an
organization, who are responsible for the work of others, have the potential to
be good leaders if properly developed.” –Bob Mason
26. “Leadership is the
art of getting someone else to do something you want done because he wants to
do it. “–Dwight Eisenhower
27. “The very essence of
leadership is that you have to have a vision. It’s got to be a vision you
articulate clearly and forcefully on every occasion. You can’t blow an
uncertain trumpet.” –Theodore Hesburgh
28. “Leadership is the
art of mobilizing others to want to struggle for shared aspirations.” –James
Kouzes and Barry Posner
29. “A leader takes
people where they want to go. A great leader takes people where they don’t
necessarily want to go, but ought to be.” –Rosalynn Carter
30. “If your actions
inspire others to dream more, learn more, do more and become more, you are a
leader.” — John Quincy Adams
31. “Leadership is not a
person or a position. It is a complex moral relationship between people, based
on trust, obligation, commitment, emotion, and a shared vision of the good.”
–Joanne Ciulla
32. “The challenge of
leadership is to be strong, but not rude; be kind, but not weak; be bold, but
not bully; be thoughtful, but not lazy; be humble, but not timid; be proud, but
not arrogant; have humor, but without folly.” –Jim Rohn
33. “Leadership is
lifting a person’s vision to high sights, the raising of a person’s performance
to a higher standard, the building of a personality beyond its normal
limitations.” –Peter Drucker
34. “Leadership is an
opportunity to serve. It is not a trumpet call to self-importance.” –J. Donald
Walters
35. “Leadership is a
matter of having people look at you and gain confidence, seeing how you react.
If you’re in control, they’re in control.” –Tom Landry
36. “A leader is one who
knows the way, goes the way, and shows the way.” –John Maxwell
37. “Leadership is the
process of persuasion or example by which an individual (or leadership team)
induces a group to pursue objectives held by the leader or shared by the leader
and his or her followers.”–John W. Gardner
38. “My definition of a
leader… is a man who can persuade people to do what they don’t want to do, or
do what they’re too lazy to do, and like it.” –Harry S. Truman
39. “Leadership is the
capacity to translate vision into reality.” –Warren Bennis
40. “A leader is a dealer
in hope.” –Napoleon Bonaparte
41. Leadership is the
collective action of everyone you influence. Your behavior–your actions and
your words–determines how you influence. Our job as leaders is to energize
whatever marshals action within others. –David Caullo
42. “A leader has to be
somebody who’s getting people to do things which don’t seem to make sense to
them or are not in their best interest–like convincing people that they should
work 14 hours a day so that someone else can make more money.” –Scott Adams
43. “Leadership is the
ability to guide others without force into a direction or decision that leaves
them still feeling empowered and accomplished.” –Lisa Cash Hanson
44. “The task of the
leader is to get his people from where they are to where they have not been.”
–Henry Kissinger
45. “Leadership is about
service to others and a commitment to developing more servants as leaders. It
involves co-creation of a commitment to a mission.” –Robert Greenleaf
46. “Leadership is
working with and through others to achieve objectives.” –Paul Hersey
47. “Management is about
arranging and telling. Leadership is about nurturing and enhancing.” –Tom
Peters
48. “Leadership is a
potent combination of strategy and character. But if you must be without one,
be without the strategy.” –Norman Schwarzkopf
49. “A leader’s role is
to raise people’s aspirations for what they can become and to release their
energies so they will try to get there.” –David R. Gergen
50. “Leadership is
unlocking people’s potential to become better.” –Bill Bradley
51. “Effective leadership
is putting first things first. Effective management is discipline, carrying it
out.” –Stephen Covey
52. “Leadership is
solving problems. The day soldiers stop bringing you their problems is the day
you have stopped leading them. They have either lost confidence that you can
help or concluded you do not care. Either case is a failure of leadership.”
–Colin Powell
53. “Leadership is the
key to 99 percent of all successful efforts.” –Erskine Bowles
54. “Leadership is a
matter of how to be, not how to do it.” –Frances Hesselbein
55. “Leadership is the
ability to establish standards and manage a creative climate where people are
self-motivated toward the mastery of long-term constructive goals, in a
participatory environment of mutual respect, compatible with personal values.”
–Mike Vance
56. “Leadership is
getting people to work for you when they are not obligated.” — Fred Smith
57. “One of the tests of
leadership is the ability to recognize a problem before it becomes an
emergency.” –Arnold Glasow
58. “Leadership is the
art of influencing others to their maximum performance to accomplish any task,
objective or project.” –W.A. Cohen
59. “A good leader is a
caring leader — he not only cares about his people, he actively takes care of
them.” –Harald Anderson
60. “There are almost as
many definitions of leadership as there are persons who have attempted to
define the concept.” –Ralph Stogdill
61. “The growth and
development of people is the highest calling of leadership.” –Harvey S.
Firestone
62. “Keep your fears to
yourself, but share your inspiration with others.” –Robert Louis Stevenson
63. “Without passion, a
person will have very little influence as a leader.” –Michele Payn-Knoper
64. “Leadership is an
intangible quality with no clear definition. That’s probably a good thing,
because if the people who were being led knew the definition, they would hunt
down their leaders and kill them.” –Scott Adams.
65. “Leadership is doing
what is right when no one is watching.” –George Van Valkenburg
66. “Leadership is
someone who demonstrates what’s possible.” –Mark Yarnell
67. “Leadership is
practiced not so much in words as in attitude and in actions.”–Harold Geneen
68. “Never tell people
how to do things. Tell them what to do and they will surprise you with their
ingenuity.” –George Smith Patton
69. “Leadership by
example is the only kind of real leadership. Everything else is dictatorship.”
–Albert Emerson
70. “The leader is one
who mobilizes others toward a goal shared by leaders and followers. … Leaders,
followers and goals make up the three equally necessary supports for leadership.”
–Gary Wills
71. “The leader must
know, must know that he knows, and must be able to make it abundantly clear to
those around him that he knows.” –Clarence Randall
72. “Leadership is about
taking responsibility and not making excuses.” –Mitt Romney
73. “Leadership is
difficult but it is not complex.” –Michael McKinney
74. “Great leadership is
about human experiences, not processes. Leadership is not a formula or a
program, it is a human activity that comes from the heart and considers the
hearts of others.” –Lance Secretan
75. “Leadership is a
process whereby an individual influences a group of individuals to achieve a
common goal.” –P.G. Northouse
76. “Followers are the
gem cutters of leadership coaxing out its full brilliance.” –Ira Chaleff
77. “A leader cannot lead
until he knows where he is going.” –Anonymous
78. “Leaders aren’t born,
they are made.” ―Vince Lombardi
79. “The final test of a
leader is that he leaves behind him in other men, the conviction and the will
to carry on.” –Walter Lippmann
80. “The function of a
leader within any institution: to provide that regulation through his or her
non-anxious, self-defined presence.” –Edwin H. Friedman
81. “The greatness of a
leader is measured by the achievements of the led. This is the ultimate test of
his effectiveness.” –Omar Bradley
82. “The leadership
instinct you are born with is the backbone. You develop the funny bone and the
wishbone that go with it.” –Elaine Agather
83. “The best way to lead
people into the future is to connect with them deeply in the present.” –James
Kouzes and Barry Posner
84. “Leadership consists
of picking good men and helping them do their best.” — Chester W. Nimitz
85. “To get others to
come into our ways of thinking, we must go over to theirs; and it is necessary
to follow, in order to lead.” –William Hazlitt
86. “Leadership requires
using power to influence the thoughts and actions of other people.” –A. Zalenik
87. “The mark of a great
man is one who knows when to set aside the important things in order to
accomplish the vital ones.” –Brandon Sanderson
88. “Our work is our most
important resource to develop our people.” –Jim Trinka and Les Wallace
89. “Successful leaders
see the opportunities in every difficulty rather than the difficulty in every
opportunity.” –Reed Markham
90. “The most important
thing about a commander is his effect on morale.” –Viscount Slim
91. “While a good leader
sustains momentum, a great leader increases it.” –John C. Maxwell
92. “The mediocre teacher
tells. The good teacher explains. The superior teacher demonstrates. The great
teacher inspires.” –William Arthur Ward
93. “He who cannot be a
good follower cannot be a good leader.” ―Aristotle
94. “For me, leadership
is making a difference. It’s using your agency to bring about change.” –Melanne
Verveer
95. “That is what
leadership is all about: staking your ground ahead of where opinion is and
convincing people, not simply following the popular opinion of the
moment.”–Doris Kearns Goodwin
96. “The way I would
measure leadership is this: of the people that are working with me, how many
wake up in the morning thinking that the company is theirs?” –David M. Kelley
97. “You don’t lead by
pointing and telling people some place to go. You lead by going to that place
and making a case.” –Ken Kesey
98. “Not the cry, but the
flight of a wild duck, leads the flock to fly and follow.” –Chinese Proverb
99. “To command is to
serve, nothing more and nothing less.” –Andre Malraux
100. “Leadership is
leading people with your whole heart.” – Lolly Daskal
Six Traits of Effective Leaders
1. Make others feel important
2. Promote a vision
3. Follow the golden rule
4. Admit mistakes
5. Criticize others only in private
6. Stay close to the action
- Christian Nevell Bovee
STEPS TO BECOME A LEADER
- Get your employees to want to do their job. Avoid controlling
their every move.
- Share your vision, enthusiasm and energy
- Motivate employees with tangible rewards & your concerns
for their wellbeing & progress
- Be accessible and transparent
- Be strong and effective
- Be a role model
- Avoid exploiting your position
- Find & Take full advantage of the skills and talents of
your staff
- Give credit and take the blame care of yourself
YOU
MUST SHIFT YOUR STYLE FROM TRADITIONAL LEADERSHIP – TO – COLLABORATIVE LEADERSHIP
1.
Belief that Power comes from Designation – TO –
Power is greatest in building Teamwork
2.
Secretive - Maintains Ownership of information – TO –
Transparent sharing of Info & Knowledge
3.
Non participative management
– TO – Inviting Suggestions
and Ideas
4.
Top – Down Strategy – TO – Bottom – Up and Democratic Brainstorming Style
5.
Focus on Execution Process & Efficiency – TO – Allow Flexibility &
encourage Innovation & Risk taking
6.
Resolve problems Firefighting with focus on Symptoms – TO –
Focus on Root Cause Analysis and prevention
7.
Annual Performance Review – TO – Provide continuous Feedback & Personal Coaching
Social skills
PARTY ETTIQUETTE
• If Pick up is necessary then be there atleast 15 minutes early
• Sitting in car – Open the door for the lady normally left rear seat.
(No need to do that for a male. If the
lady is alone then you must sit in the right side. If it is a couple then you
should sit in the co driver’s seat. Avoid looking into the rear view mirror.
• Speaking to Driver should be polite and business like. Try using a
language known to the guest
• Address the lady as Mrs. ___ or
Madam
• When you reach the destination get out first – walk around and open
the Car door for lady.
• Walking abreast is best -
leading is also ok
• Avoid touching – it can be misunderstood
• It is good to introduce your guests and offer the first drink.
• Holding Glass to help is ok. But don’t do it too often
• Avoid winking & staring. It can be misunderstood.
• Laughing too much is not good
• Stopping conversation & guiding out
• Avoid hanging on to Top people
• Must take time to speak to your juniors & the host
• Avoid speaking with food in your mouth or while Proposing a toast
• Should prepare a Short speech well in advance
• Organizing a party a multi - course dinner
• Leading to table 7 pulling a chair for a lady is good
• Napkin, forks, knifes, wiping hands
• Belching, coughing, sneezing, scratching head, combing hair, mining
gold, yawning, loud speech, speaking without target hearing, giggling, ganging
up
• Soup, Water, Finger bowl should be handled carefully
• Salt, pepper should be done carefully without affecting the person
sitting next to you
• Serving & passing bowls should be done promptly
• Pushing back the chair
• Leading to husband.
• Thanking the lady of the house, cook waiters after the meal is a
polite thing to do.
• Tips, speaking on behalf all guests.
• Short speech
• Leading the guest to the table and offering a plate is acceptable.
But don’t try to serve the guest. Let the waiter do that.
• Napkin should be used for Wiping hands or face. Do not use it as a
hand kerchief
• Water & Finger bowl should be asked only from the waiter.
• Soup / Tea sipping without noise
• Serving food for the person sitting to you is ok. Not for the one
sitting opposite you.
Negotiations
·
Take clear
boundaries from the management before you go for negitiations
·
Never
lead. Listen to the other party first.
·
Take notes
and see that you want complete the assignments before time
·
At all
times be prepared to walk out
·
Final rate
given is never the last rate
·
Play other
parties and take assurances in writing if possible.
·
Negotiate
from a position of strength with many alternatives ready.
·
Never show
joy or regret.
Networking
GETTING AN INTERVIEW CALL (RULES)
·
Best place to start is your
mobile phone contacts and your email / Facebook / LinkedIn contacts.
·
Ask your friends, Family,
teachers, mentors to help you.
·
Make a personal connection with
everyone you contact.
·
Speak in your own voice and
words.
·
Keep track of every contact and
schedule your follow-up calls.
·
Save mobile no & email the
first chance you get.
·
Walk around when you make the
calls.
·
Describe what you're looking
for in detail.
·
Ask for what you want
specifically.
·
Commit to making a few calls
every day.
·
Set your pace and keep going.
·
Get over any hurdles.
Keep contacting people.
ETTIQUETTE (TELEPHONE)
•
Answering the call
–
Answer the call within 2-3 rings
–
Greeting as per time of the day
–
Top Security - - - May I Help You
Please.
–
May I Know Who is Calling Sir /
Madam
–
Be cheerful while speaking
•
Body of the Call
–
Listen carefully to the Caller
–
Take permission to hold and
announce the transfer
–
When returning to the Caller
remember to Thank him / her for holding the Call.
–
Take accurate notes of addresses,
date, time, telephone numbers and figures of amounts etc repeating back to
recheck where necessary
–
Avoid negative phrases like – I
don’t know.. Instead you can say Please let me find out.
–
Be aware of your tone and politeness
•
Ending the Call
–
Inform the caller the action you
will be taking to resolve their problem.
–
Thank you for calling
–
It was a pleasure speaking to you.
–
I am very Glad you called
–
Please feel free to call back in
case you have any clarifications or problems in future.
–
Good bye Sir / Madam
Teaching
The skills needed
for effective teaching involve more than just expertise in an academic field.
It is not an easy job.
·
You
must be able to interact with people and help them underrstand a new way of
looking at a topic or at the world as a whole.
·
The
main function of a teacher is to prese.nt the topic in the best way so that it
is easy to understand for the students depending on their level of awareness.
·
Over
simplifying is ok but the other way is not ok.
·
Good
teachers – the take pains to prepare themselves well, they set clear and fair
expectations
·
They
are good motivators.
·
The
start with the over all macro level understanding of the subject and then get
to the nuts and bolts.
·
They
always make a list of points to remember.
·
They
have a possitive attitude, are patient and never riducule students or make fun
of them.
·
The
act as role models and have a mentoring attitude.
·
They
find multiple ways of explaininga point and give real life examples and use
training aids.
·
They
show enthusiasm and commitment.
·
The
use simple language and words which the
students understand.
·
They
are impartial.
Team Building
·
Be fair.
·
Interview
in detail before selection
·
Get good
attitude and good competence
·
Look for
cultural fit
·
Maintain
balanced distance as a leader as the situation demands
·
Be
transparent
·
Show your
personal energy and competence
·
Have clear
expectations.
·
Maintain
good communications within the team.
·
Never play
one against the other.
·
Give
credit for success but take the blame.
·
Delegate
and coach adequately.
·
Have
professional revenues and encourage accountability.
·
Counsel
alone but appreciate in front of others
·
Never
speak behind any one’s back.
·
Show
enthusiasm and energy and willingness to take bigger loads.
Motivating
·
Lead by
example
·
Hold team
members in high esteem
·
Trust
fully
·
Delegate
and empower
·
Discuss
problems and obstacles and coach how to overcome them.
·
Be honest
and focus on training.
·
Share
information freely and give them the bigger picture and the vision
·
Show
enthusiasm and energy and willingness to take bigger responsibilities.
PUBLIC SPEAKING
• Video on necessity
• https://www.youtube.com/watch?v=Cjs7dyzLVco
• Most important to rise in career
• Leaders greatest asset
• Shows confidence and competence
• Convey information correctly and motivate
• Saves effort and achieves quick dissemination of
information
• Most useful in Motivating and Team Building
Preparatiion
MENTAL PREPARATION BEFORE YOU START
l FIRST
THING -Stop finding ways to escape.
l NO
HURRY – TAKE TWO WEEKS !!! Before you
start you have to psyche yourself !!!
Take your time for this !!!
l ONCE
FOR ALL DECIDE!!! There is no way you can avoid learning this skill as it will
cost your whole career. Get into a room alone and speak loudly to yourself.
Take your time to force your mind to believe that YOU CAN DO IT.
l You
don’t have to be great at the English language to be a good speaker.
l No
one is a born speaker. All the great speakers have worked hard at this. To some
it is easier in the beginning. But if you decide to work hard - There is no way
you can fail.
l IF
YOU CAN DO WELL FOR THE FIRST TWO MINUTES ON STAGE - YOU WILL SURVIVE. Hence
NEVER NEVER get on stage for the first time unless you are fully prepared -
Practice, Practice, Practice!!!
l STEPS BEFORE FIRST
TIME ON STAGE :-
• STEP 1 Best is to start with a bed time story to your son
or any child in your mother tongue and then the same story in English.
• STEP 2 To
gain confidence and to prove to yourself practice in front of your friends or
family – First in your mother tongue. Second time in English. Do this till you
are confident. The arrangement should be as follows:-
ü You and your friends should be sitting on
chairs and you should have script in hand
ü Speak casually to one friend at a time.
ü Psyche yourself and Pretend to be confident
ü Despite all this you will definitely panic and
forget what to say next!!!
ü Take a deep breath, smile at your friends.
ü To buy time – ask a Question or an opinion or tell someone to
“Summarize what you have grasped so far.
ü Look at the script in style and continue.
STEP 3 Write
the whole script again in your own words. Use only short sentences and only words you are very familiar with.
Include a story or an experience if possible
STEP 4 Highlight
the Key words in YELLOW – Make a separate list of these KEY WORDS in a small
card and pin it to your script.
STEP 5 You
should have memorized the first 20 lines.
STEP 6 Rehearsed at least 7 times before a Mirror.
STEP 7 On
the day of the presentation go at least 30 minutes before the event and
mentally get used to the environment. Have a spare copy of your Script and the
Card with the Key Words in your pocket.
Start or Opening
A question
A newsworthy incident
A startling statement
A quote
A human interest story
Elevator Pitch
Clear
Catchy
Creating impact
Tell them what you
are going to tell and how long
Ø Use facts/analogies / statistics / opinions
(provide reasons for the same).
HOW
TO START YOUR PRESENTATION.
l Walk
up to the rostrum briskly (watching your steps) and place your script on it.
Keep the Key Words’ Card in your shirt pocket.
l Wait
for the Audience to settle down before you start speaking.
l Speak
your first 3 sentence and then take a deep breath.
l THREE
THINGS WILL DEFINITELY HAPPEN!!
1. FIRST
THING – You will forget your script
2. SECOND
THING Your heart will start pounding
3. THIRD
THING You will panic.
l THIS
IS THE MOMENT YOU NEED TO COLLECT YOURSELF –
1.
Take a deep breath.
DO NOT LOOK UP
2.
Take the Key Word
Card. Look at in style. DO NOT HIDE IT.
3.
Have a glass of
water while looking at the Key Word Card.
4.
If you feel
confident – Then restart. No harm mixing languages
5.
If you don’t feel
confident JUST TAKE OUT THE SCRIPT AND START READING.
6.
Keep reading and you
will feel confident in about 30 seconds.
7.
If still not
confident continue reading till you feel confident.
8.
Once you come back
do it alone again and again till you feel confident.
Dos & DON’Ts
DOs & DON’Ts
DOs
·
Have direct eye contact with
an individual at a time.
·
Speak to one individual at a
time
·
Shift to another individual
somewhere else randomly & NEVER LOOK at the Floor, OR at the ceiling NOT in
thin air
·
USE SHORT SENTANCES AND
WORDS YOU USE IN CONVERSATION
·
Speak deliberately
·
Talk loudly. Do not scream
·
Face the Audience and then
speak & not while looking at slides or while writing on Black Board
·
Use your natural accent and
never try to copy someone else
DON’Ts
• Never insult someone. Never corner, joke about
or embarrass a person.
• Never beat your own drums
• Never speak to fast – be slightly slower than
your natural speed
• Never
jump to answer a Question from the audience -- Throw it back – ask 2 – compile
• Never speak with your back to audience –
pointing or writing.
• Never read. Note important points – Highlight -
likely to forget
• Never apologize - Keep going -Don’t call
attention to worst
• After you have finished your speech pause
briefly, take a couple of steps back and then return to your seat slowly
• Never wink and show the relief as if you have
escaped.
• Never
run after you finish - After you have finished your speech pause briefly, take
a couple of steps back and then return to your seat slowly
• Never try to impress using big words. – try to
simplify and make it understandable
• Never
try manipulating the thought process of the Audience
• Avoid Mumbling, Reading, Filler Words, Looking Down,
Panning, Looking at the roof.
• Avoid Overshooting Time Allotment
• Avoid Shouting but it is better than being too
soft
BEST WAYS TO OPEN A SPEECH
OPENING 60 seconds is most critical. Your opening should be Clear, Catchy &
Creating an impact. It can be any of the following :-
A question
A newsworthy incident
A startling statement
A quote
A human interest story
Elevator Pitch
Survival Kit for Public Speaking (On
Stage)
SURVIVAL
KIT WHEN MIND GOES BLANK (Must practice before hand)
• Take a deep breath – smile - don’t show
panic
• Look at your notes boldly (Don’t hide the fact
that you have forgotten your script)
• Buy time by asking the audience for comments /
questions
• Giving your experience
• Tell a story
Exercises in Public Speaking
EXERCISES
TO IMPROVE PUBLIC SPEAKING SKILLS
• Exercise
1 Call
out to a person 200m away
• Exercise
2 Announce
(Shout) on Shop Floor " Factory closed due to heavy rains"
• Exercise
3 Read
out to your partner who will write facing away from each other
• Exercise
4 Give
a Dictation to your partner standing 15 feet away
• Exercise
5 Dictation
to whole class
• Exercise
6 Read
out your essay to the class
• Exercise
7 Prepare
a lecture and deliver to one
• Exercise
8 Prepare
lecture and deliver to class
• Exercise
9 Extempore
Lecture to class
• Exercise
10 Motivational
Lecture
• Exercise
11 Organizing
Lecture
• Exercise
12 Speak to
Trade Union Leaders to pacify them
• Exercise
13 Speak to
Boss and convince him that we need to start a new business
• Exercise
14 Conference
call with 3 Departmental Heads
• Exercise
15 Introduce
and Present a topic for discussion to the class
• Exercise
15 Introduce
and Present a topic for discussion to the class
• Exercise
16 Extempore
Speech on unknown topic -Survival on stage (Tricks) Ask Qs, Summarize with e.g.
• Exercise
17 Debate
Prepared
• Exercise
18 Debate
Unprepared
• Exercise
19 Group
Discussions
• Exercise
20 Conduct
Brain Storming Sessions
• Exercise
21 Panel
Interview
• Exercise 22 Negotiation
Skills
• Exercise
23 Bullying a
subordinate
• Exercise
24 Happy
Leader
• Exercise
25 Suddenly
Losing Temper
• Exercise
26 Cornering a
subordinate
• Exercise
27 Threatening
with job or termination
• Exercise
28 Organizing
a seminar
• Exercise
29 Introducing
a Speaker
• Exercise
30 Giving a
farewell speech
• Exercise
31 Addressing
your Department for the first time
Conferances
- CHOOSE NOT MORE THAN 5 POINTS
- Make sure you are clear about the key points that you want to
make and repeat and emphasize them in the course of your presentation.
- Transition from one point to another should be seamless.
- Use facts/analogies / statistics / opinions (provide reasons
for the same)
- Talk, instead to reading
- Stand up & Move around. Make eye contact with your audience
& Don’t only look at one side of the room
VISUAL
AIDS
1.
Do not use complete
sentences. Only bullet points.
2.
Follow the 6 x 6 rule: not more
than 6 lines (max) per slide, not more than 6 words per line.
3.
Points should appear one at a
time, using animation – helps to elaborate.
4.
Do not use more than three
colour’s on your slides. If you have to,
then keep the shades the same.
5.
Ensure clear visibility of
content through good contrast and big fonts.
Dark background, light font.
6.
Use effective titles/headings
7.
Lucid/self explanatory content
on slide. If not, elaborate.
8.
Talk to audience and not to the
visual. Draw attention whenever you want
them to see.
9.
Don’t do the death by power
point act. Use flip charts and the white
board too.
10. Have a great last slid and NEVER use Thank You on a slide. Say it.
DRESSING
UP
- Dress to suit occasion, weather, your personality
- Err on the conservative side when uncertain!
- Avoid too much jewellery
- Hair- neat, combed, gelled
- Shave!
- Ladies: Pin those dupattas & palloos
GESTURES
- Natural
- Use gestures to complement your speech
- Avoid putting your hands in your pocket
- Do not use exaggerated gestures that come up to the level of
your face.
- Avoid clasping, fig leaf position etc.
Questions Handling
After
or during a presentation the presenter encourages the audience to ask
questions. This greatly improves the quality of the assimilation of the subject
matter. Most of these are genuine but some of them
may be mischievous or tricky. It is a skill the differentiate these. However it
is wise to buy maximum time before you actually answer the question. You should
also try first get other members of the audience involved in the effort.
However the presenter should be always be in control of the situation. Hence
the steps to be followed are as follows:-
1.
Encourage the person to come
out with the question and mike.
2.
Let the person ask the question
without interruptions. (Never say anything sarcastic or discouraging)
3.
Rephrase the question in your
own words and ask the person if that is exactly what he /she meant
4.
After getting the confirmation
repeat the question deliberately for the whole audience. EXAMPLE – “Rohit’s
question is – What are the other factors which we should consider to ensure
that there are no injuries”- Friends now “Who would like this question?”
5.
Encourage the 2 or 3 members of
the audience to give their opinions.
6.
Then consolidate those answers
and give your own opinion and bring out the contradictions that have emerged.
If the case is not resolved completely then let the person that you will get
back to him.
7.
Ask the person if he is
satisfied with the answer before you proceed.
8.
THUMB RULES -
·
Encourage & take the question
from one individual, but answer for all in the audience
·
Address the questioner directly
only at the start and end of your response
Closing the Speech
v Indicate to the audience that you are at the end of the
presentation.
v Ask for doubts and questions
v Show actions to be taken
v Summarize main points at the end.
v Never walk of the stage in a hurry
v End on a friendly note and thank the audience
CAREER & LIFE PLAN
|
|
Life
Planner |
|
||||||
|
Year |
Age |
Loc/Event |
Education |
Professional |
Financial |
Family |
Others |
|
|
1965 |
10 |
|
|
|
|
|
Learn cycling & Swimming |
|
|
1966 |
11 |
|
|
Apply for Science Tallent |
|
|
Individual Sport Tennis, Golf,
Badminton. Billiards |
|
|
1967 |
12 |
|
|
Join NCC |
|
|
Team Sport |
|
|
1968 |
13 |
|
|
|
Open Bank Savings Account |
|
Debate & Essay Competition |
|
|
1969 |
14 |
|
SSC |
Do Part time Job |
Learn Banking, FD, Draft |
|
Do Social Work |
|
|
1970 |
15 |
|
|
Apply for NDA |
|
|
Run 10 Miles Marathon |
|
|
1971 |
16 |
|
HSC |
NCC Republic Day Parade |
|
|
Run Full Marathon |
|
|
1972 |
17 |
|
|
Learn Stock Market |
|
Rock Climbing |
||
|
1973 |
18 |
|
|
|
|
|
Do 5 Launches in Glider |
|
|
1974 |
19 |
NDA |
B Sc |
NCC C Certificate |
|
|
Learn how to book Air Tickets and |
|
|
1975 |
20 |
|
BE |
|
|
|
|
|
|
1976 |
21 |
NDA Pass |
MBA1 |
|
|
|
Do Power Flying |
|
|
1977 |
22 |
IMA Pass |
MBA2 |
|
|
|
|
|
|
1978 |
23 |
Jhansi, Cmdo Belgaum |
|
JOB 1 |
Start Tithe |
|
|
|
|
1979 |
24 |
YO, Deolali, OPTC Pune |
PUBLIC SPEAKING COURSE |
|
ULIP STARTS, Term Insurance |
|
|
|
|
1980 |
25 |
|
|
|
BUY M/CYCLE |
MARRIAGE |
|
|
|
1981 |
26 |
|
IIM(A) MID LEADERSHIP |
|
Apply for Housing Loan |
|
Start Yearly Holiday Scheme |
|
|
1982 |
27 |
|
|
|
BUY HOUSE 1 |
Train Wife to be Independent |
|
|
|
1983 |
28 |
|
|
JOB 2 |
|
CHILD 1 |
|
|
|
1984 |
29 |
|
NEGOTIATION SKILLS COURSE |
|
|
|
Start support one orphan's Education |
|
|
1985 |
30 |
|
|
|
|
|
|
|
|
1986 |
31 |
|
PERSONALITY DEVELOPMENT COURSE |
|
|
CHILD 2 |
|
|
|
1987 |
32 |
|
|
|
|
|
|
|
|
1988 |
33 |
|
Do Entrepreur's Course |
|
|
|
|
|
|
1989 |
34 |
|
|
GM LEVEL |
BUY HOUSE 2 |
|
|
|
|
1990 |
35 |
|
|
|
|
|
|
|
|
1991 |
36 |
|
|
START COMPANY |
|
|
||
|
1992 |
37 |
|
IIM(A) Strategy Course |
|
|
Make Child 1 LIFE PLANNER |
|
|
|
1993 |
38 |
|
|
VP LEVEL |
|
|
||
|
1994 |
39 |
|
|
|
|
|
|
|
|
1995 |
40 |
|
|
|
|
Make Child 2 LIFE PLANNER |
|
|
|
1996 |
41 |
|
Start Ph.D |
|
|
CHILD 1 SSC |
|
|
|
1997 |
42 |
|
|
CEO |
BUY HOUSE 3 |
|
|
|
|
1998 |
43 |
|
|
|
|
CHILD 1 HSC |
|
|
|
1999 |
44 |
|
|
|
CHILD 2 SSC |
|
||
|
2000 |
45 |
|
Finish Ph.D |
|
|
|
|
|
|
2001 |
46 |
|
|
|
|
CHILD 1 B Sc/CHILD 2 HSC |
|
|
|
2002 |
47 |
|
|
Start own company |
|
CHILD 1 BE |
|
|
|
2003 |
48 |
|
|
|
CHILD 1MBA1 |
|
||
|
2004 |
49 |
|
|
|
|
CHILD 1MBA2/CHILD 2 B Sc |
|
|
|
2005 |
50 |
|
|
|
|
CHILD 2 BE |
|
|
|
2006 |
51 |
|
|
|
|
CHILD 2 MBA1 |
|
|
|
2007 |
52 |
|
|
|
|
CHILD 1 MARRIAGE/CHILD 2 MBA2 |
|
|
|
2008 |
53 |
|
|
|
|
|
|
|
|
2009 |
54 |
|
|
|
|
|
|
|
|
2010 |
55 |
|
|
|
|
CHILD 2 MARRIAGE |
|
|
|
2011 |
56 |
|
|
|
|
|
|
|
|
2012 |
57 |
|
|
|
|
|
|
|
|
2013 |
58 |
|
|
Take Company Public |
RETIREMENT |
|
|
|
|
2014 |
59 |
|
|
|
|
|
|
|
|
2015 |
60 |
|
|
|
|
|
|
|
|
2016 |
61 |
|
|
|
|
|
Go on world tour with Family |
|
|
2017 |
62 |
|
|
|
|
|
|
|
|
2018 |
63 |
|
|
|
|
|
|
|
|
2019 |
64 |
|
|
|
|
|
|
|
|
2020 |
65 |
|
|
|
|
|
|
|
|
2021 |
66 |
|
|
|
|
|
|
|
|
2022 |
67 |
|
|
|
|
|
|
|
|
2023 |
68 |
|
|
|
|
|
|
|
|
2024 |
69 |
|
|
|
|
|
|
|
|
2025 |
70 |
|
|
|
|
|
|
|
|
2026 |
71 |
|
|
|
|
|
|
|
|
2027 |
72 |
|
|
|
|
|
|
|
|
2028 |
73 |
|
|
|
|
|
|
|
|
2029 |
74 |
|
|
|
|
|
|
|
|
2030 |
75 |
|
|
|
|
|
|
|
Must do Courses / Self Study for
Knowledge in
Toasters’ Club (Public Speaking)
Train the Trainer (Teaching Skills)
Microsoft Projects (Project Management)
Law
Compliance
World history
Geography
Physics
Math
Competitive Exams
•
CAT
•
GRE
•
IAS, IFS, IRS, IPS
•
UPSC
•
CDS (Army, Navy, Air Force,)
•
Bank Officers
OBJECTIVE
TYPE QUESTIONS : - Normally has 4 Answers to select
from
TYPES OF NEGATIVE MARKING
5.
Correct Answer +1, Wrong Answer – 1 – ANSWER ONLY IF YOU ARE SURE
6.
Correct Answer +1, Wrong Answer - 0.5 – ANSWER ONLY IF YOU CAN
ELIMINATE 2
7.
Correct Answer +1, Wrong Answer -0.25 - ANSWER EVEN IF YOU CAN
ELIMINATE 1
8.
NO Negative Marking – MUST ANSWER ALL QUESTIONS
ASSUMPTION
–
You are sure about (50 out of 100
Questions)
You can identify 1 wrong answer (34 out of
100)
You can identify 2 wrong answers (16 out of
100)
|
Negative
Marking |
+1& -1 |
+1 &-0.5 |
+1 -0.25 |
No Negative |
|
Strategy –
Answer if |
(Only
sure) |
(Only if 2 eliminated) |
(if even 1 eliminated) |
Ans ALL |
|
Correct
Known(50) |
+50 |
+50 |
+50 |
+50 |
|
Eliminate 2
answer(16) |
0 |
+ (8*1)–(8*0.5)=4 |
+ (8*1)–(8*.25)=6 |
+8 |
|
Eliminate 1
answer(34) |
0 |
+(11.33*1)-(22.66*.5)=0 |
+(11.33*1)-(22.66*.25)=11.33-5.67=17 |
+17 |
|
Total Marks |
+50 |
+54 |
+ 73 |
+75 |
ESSAY
TYPE PAPER:-
Divide
Time by number of marks to find number minutes you can spend per mark and
multiply by the marks for each Question. Then spend that much on that
particular Question.
NOTE
:- BASIC AIM IS NOT TO LEAVE ANY QUESTION – WRITE SOMETHING (minimum 10 lines)
Try
to use the below format where ever possible:-
CENTER HEADING
Group
Heading.
These are Group Headings like Introduction, Factors to be Considered,
Effects of Factors & Conclusion
Introduction
For Group Heading have no full stop in the
end & the writing starts on the 2 nd line. If you have multiple Factors
here also then you list them under Para
Headings as follows:-
3.
Cause 1. This is described in sentences starting on
the same line
4.
Cause 2. Para Heading are in Bold. The writing starts on the next line. When you have multiple
Factors to be considered then under each Para Heading you list them under Sub Para Headings as follows:-
(c) Sub Para Heading.
(d) Effect of Cause 2:-
(iii)
Sub Sub Para Heading
(iv)
Result 2 is Severe Poverty
NOTE
-
ALL
LEVELS OF THE HEADINGS (Group Heading, Para Headings, Sub Para Headings and Sub
Para Headings are in BOLD & are underlined.
FAMILY
Ideal Age to get Married
(a)
Male 28 to 32
(b)
Female 24 to 30
Select City & Location to retire
and settledown as early as possible.
(a)
Need to relocate family
& parents , Siblings
(b)
Affordability based a 10%
increase in your earnings due to Promotions and Increments
Plan for Safety & Insurance
(a)
Term Insurance
(b)
Health Insurance
(c)
Home or Property Insurance
(Normally included in Home Loan Process
(d)
Over all Tax efficiency
under Home Loan 80 C, Pention Plan
Children & Health
Ideal
Age to get married – Boy 28 to 33, Girl 23
to 3o
First Child – 30 to 34
Second Child – 36 to 40
Must
have Company Group Medi Claim
Must have Term Insurance of about Rs 50
Lakhs
Home Loan for 1st
Flat , Land Investment & Tax Planning
Cost of Flat 20 Lakhs
Cash down 15% = 3 Lakhs
Home Loan about 17 Lakhs ( It is low
interest between 8% to 12% and very Tax efficient).
Take max loan ie 85% of cost of flat for 20
to 30 years
Try
in a Class a City / Metro
Buy what you can afford as it can stabilize
you.
Example :
Cost of flat – 20 Lakhs
Cash down – 3 Lakhs
Loan Amount – 17 Lakhs
EMI will be about 17000 (Eligible 80C &
2 Lakhs as deduction from Income tax)
If the cost doubles in 10 years your profit
is 20 lakhs on an investment of 3 Lakhs.(Huge Profit)
2. BUY
an Equity based Systematic Investment Plan
3.
Buy some land & Gold
HEALTH
Good Health in the long run is fully your responsibility. Whatever
your existing ailments or genetic tendencies – 95 % of the problems can be
prevented with disciplined habits in eating, exercise, Yoga, Rest and Stress
mitigation. You are also responsible for the health of your family who will
emulate you.
HEALTH HINTS FOR YOU
Two things to check! as often as you can
·
Your blood pressure
·
Your blood sugar
Three things to reduce to the minimum on your foods
·
Salt
·
Sugar
·
Starchy products
Four things to increase in your foods
·
Greens/Vegetables
·
Beans
·
Fruits
·
Nuts/Protein
Three things you need to forget
·
Your age
·
Your past
·
Your grievances
Four things you must have, no matter how weak or how strong you are
·
Friends who truly love you
·
Caring family
·
Positive thoughts
·
A warm home
Five things you need to do to stay healthy
·
Fasting
·
Smiling / Laughing
·
Trek / Exercise
·
Reduce your weight
·
Voluntary work
Six things you don't have to do
·
Don't wait till you are hungry
to eat_
·
Don't wait till you are thirsty
to drink_
·
Don't wait till you are sleepy
to sleep_
·
Don't wait till you feel tired
to rest_
·
Don't wait till you get sick to
go for medical check-ups otherwise you will only regret later in life
·
Don’t wait till you have
problem before you pray to your God.
Golf
Watch 6 Videos on You Tube Oversimplify Golf
GUIDELINES FOR A NEW GOLFER
INDOOR
WITH RUBBER BALLS
ONLY
DROP OUTS - For Good Health
AIM –
18 HANDICAP in 5 days (only 2% score that low)
5
RULES GOLF
·
FULL FOLLOW THROUGH
·
NATURAL SWING(Start with half
easy swing with ball in center & minimum divot)
·
NEVER LOOK AT THE BALL - Head
should not move & keep looking where the ball was lying
·
PLAY TO GREEN CENTER – USE
ONLY 3 CLUBS (5W/Hy,7 & PITCHING). Correct
CONSTANT ERRORS – Aim 8 Deg LEFT
·
WITHIN 30 YARDS ONLY USE
PUTTER - UPHILL 18 inches + & DOWN HILL 18 inches short – use only shoulder
LESSONS
1 -
SELECTING YOUR NATURAL SWING
2 –
USING THE SELECTED NATURAL SWING
3 –
USING PLASTIC BALLS & MAKING CORRECTIONS
4 –
CALIBERATING THE PITCHING WEDGE FOR SHORT GAME (Less than 80 Yards)
5 –
PUTTING – THE MOST REWARDING TALENT
LESSON
1 - SELECTING YOUR NATURAL SWING
1.
Never Copy Tiger Woods
2.
Stance – feet 2 ft between heals & almost erect – back
straight
3.
Longer route Back Swing.
4.
Down Swing – Let it fall
initially and then accelerate – no jerk on top or Head movement
5.
Minimum elbow and wrist
movement – just around your shoulders
6.
Back swing just enough so that
the Head does not move
7.
Back swing never beyond the
VERTICAL
8.
Easy – no pain -80 %
9.
Just scrape the ground - no divot
10.
Full follow through – stop
after club hits your back
11.
Head should not move - Never
look at the ball – either the Tee or where it was lying
12.
No wrist or elbow and Left
heal always on the ground
13.
Test the back swing where you
can hit 9 out of 10.
LESSON
2 – USING THE SELECTED NATURAL SWING
1.
Pendulum using 7 IRON
2.
Scrape the ground 200 times
with HALF SWING
3.
Keep increasing back swing
till Head is forced to move
4.
Use NATURAL SWING with 4 HYBRID,
7 IRON & PITCHING WEDGE 50 times each.
5.
CHECK if LESSON 1 is being
fully followed
6.
RETEST - You can hit 9 out of
10.
LESSON
3 – USING PLASTIC BALLS & MAKING CORRECTIONS
1.
EASY NATURAL SWING with 5
HYBRID, 7 IRON & PITCHING WEDGE 25 times each.
2.
FOLLOW THROUGH - FULL,
3.
HEAD DOES NOT MOVE - Reduce
Back Swing to HALF if Head is moving at the top of the swing
4.
NO LOOKING UP- See the ball
only when it is about to be hit by you. NEVER AT ANY OTHER TIME
5.
Minimum elbow and Wrist
movement.
6.
Ball in center
7.
Minimum divot
8.
Correct direction by Closing
Face (80% fade the ball – so Close the CLUB FACE & AIM 8 Degrees LEFT)
9.
Scrape the floor 200 times
with HALF SWING
10.
Again use 5 HYBRID, 7 IRON
& PITCHING WEDGE to hit the ball 25 times each.
11.
RETEST - You can hit 9 out of
10. If not again reduce Back Swing till you achieve that
LESSON
4 – CALIBERATING THE PITCHING WEDGE FOR SHORT GAME (Less than 80 Yards)
1.
ONLY CLUB WHERE YOU USE LESS
THAN YOUR NATURAL SWING IS PITCHING WEDGE
2.
Use Table given below:-
(a)
For 80 Yards – NATURAL SWING
of PITCHING WEDGE
(b)
For 70 Yards – Three fourth of
NATURAL SWING of PITCHING WEDGE
(c)
For 50 Yards – Half of NATURAL
SWING of PITCHING WEDGE
(d)
For 30 Yards – One Fourth of
NATURAL SWING of PITCHING WEDGE
(e)
For 20 Yards – One Eighth of
NATURAL SWING of PITCHING WEDGE
LESSON
5 – PUTTING – THE MOST REWARDING TALENT
1.
Different Styles Used
2.
Choose your own
3.
Aim is never to take more than
2 on the GREEN
4.
Putting should by the
shoulders and not by the arms or hands.
5.
While putting down hill try to
stop the ball just within 6 inches past the hole.
6.
For uphill putts try to go 2 feet beyond the
hole.
7.
Uphill puts turn much more
with the slope (but chipping a Pitching wedge turn least)
8.
Within 3 ft of the hole putt
firm and don't bother about the slope.
9.
For all putts the back swing
and forward swing should strictly in line.
10.
Control distance by increasing
length of Back Swing and not by hitting it harder
DETAILED
NOTES & GOOD HABITS
(a)
SECRET OF SUCCESS
·
Find and consistently use your
‘Natural Swing’ and the most comfortable Club Head Speed’. Too fast or too slow are both bad.
·
Try to achieve the same
distance with each club every time you use it.
Hard hitters are usually not as consistent
(b)
HOW TO BECOME A GOOD PLAYER
WITHIN A MONTH
·
Golf is a game of Concentration and Full Follow
Through.
·
Use only 80
% of your strength with full follow through and you will achieve the best
accuracy with no mis-hits
·
Keep looking at the point you
hit the ball. It is Caddy's job to watch the ball NOT yours.
·
Keep your Left elbow straight as far as you can in the slow Back Swing.
·
Always hit the ball first and
then scrape the ground
·
Irons are precision
instruments and so your back swing should stop near the vertical position and
start the down swing gradually.(use same for Fairway Woods without a Tee)
(c)
HOW TO PLACE & HIT THE
BALL
·
For Tee Shots - hit the
ball on the upward swing almost near
your front toe
·
For Fairway Woods - hit the
ball near the bottom of the swing at
the Centre point between your feet
·
For Irons - hit the
ball first – then scrape the ground on the downward
swing almost at the bottom of the swing around 1 inch before the Centre
point between your feet. For Wedges - Place
the ball opposite the rear foot heel's inner point. The hands will thus be
ahead of the ball. Use only maximum half the full swing. Hit the ball first and then the grass just
after that on the downward part of the swing. Otherwise the sand will pad
the ball and the distance achieved will be unpredictable
(d)
HOW TO USE THE PUTTER
·
Putting should by the shoulders and not by the
arms or hands.
·
While putting down hill try to stop the ball
just within 6 inches past the hole.
·
For
uphill putts try to go 2 feet beyond the hole.
·
Uphill puts turn much more with the slope (but
chipping a Pitching wedge turn least)
·
Within 3 ft of the hole putt firm and don't
bother about the slope.
·
For all putts the back swing should be very slow
and deliberate and keep looking at the spot where the ball was rather than
follow the ball.
(e)
HOW TO HANDLE WIND
·
Head winds stop the ball much more than the amount
tail winds help the ball.
·
The maximum height reached by all the clubs is
quite similar and varies from 29 to 35 Yards and so is the Time of Flight at
about 6 to 7 seconds.
·
Wind velocity is higher at higher height above
the ground
(f)
HOW TO QUICKLY BECOME A GOOD
PLAYER
·
Ensure that you do
not mishit even a single ball. Initially
to achieve this, you will have to use a limited swing and use less force. Later
you will develop better co-ordination- you can use a bigger swing and slowly
increase the force. But at no stage
should exceed 85% of your full force.
·
In a practice
round take all the risks but in a tournament don’t take any risk. After a bad shot forget it and don’t try to
recover in one shot.
·
Standardize your
swing. Your swing should be exactly the
same irrespective of which Club you are using.
This will ensure that each club will give a specific distance every time
you use it. (There is usually a difference a 10 yards difference between
successive clubs).
·
Make a table for distances achieved for each
club with an easy constant swing for both headwind and downwind of about 10
Miles per Hour.
·
What I achieve
with each club in No Wind conditions in yards – SW-60, PW-80, 9 Iron- 90, 9
Iron- 90, 8 Iron- 100, 7 Iron-110, 6 Iron- 120, 5 Iron- 130, 4 Iron- 140, 3
Iron- 150, Rescue 26 Degrees- 160, 5 W- 170, 3 W-180, Driver -240 yards.
NOTE : Try to achieve the same distance every time you use each club.
(g)
HOW TO MASTER THE SHORT GAME –
USE PLEZ 8
·
Short game is most important. So concentrate on the 20 feet
pitch with a Pitching Wedge (most of the time) and Sand Wedge (when there is
less distance from the Apron to the Pin) and roll with a 9 Iron or a Putter (if
you are on the apron). The swing in the short game should be shallow and only
scraping the ground – NO DIVOT
·
The “Pelz” part of
Phil Nicholson’s “Pelz-8” refers to the concept of controlling distance by
controlling backswing length and the “8” is code for 8-iron, but the swing can
be made with any club. It’s composed of a less than full backswing and produces
slightly less distance and backspin. You stop the backswing when his left arm
gets horizontal to the ground. The forward swing should be at the normal pace
(not faster to make up for a short backswing).
·
By this you can
develop amazing consistency in the distance your shots travel. This can be done
for any club (wedges, 9-, 8- or 7-irons).
·
It’s like having an extra set of distances
that he can produce on command depending on the wind, temperature and humidity.
(h)
HOW I PLAY GOLF
·
Developed most
easy swing which is same for all Clubs.
·
Close all clubs
equally but enough to ensure that there is no Fade or Draw (Swing to Right or
Left which will force me to aim left or Right – I always want to aim only at
the target)
·
I use quarter
swing only near the greens of different clubs for distances up to 50 yards and then Full swings as follows:
(a) 1 to 30 yards – Pitching wedge (punch the ball or use Sand Wedge to go
over obstacle (quarter for 17, Half for 25 & Full for up to 32 yards)
(b) 30 yards – Pitching wedge (quarter swing)
(c) 40 yards – 9 Iron (quarter
swing)
(d) 50 yards – 8 Iron(quarter swing)
(e) 60 yards - 7 Iron(quarter swing)
(f) 70 yards – Pitching wedge (Full Swing)
(g) 80 yards – 9 Iron (Full swing)
(h) 90 yards – 8 Iron(Full swing)
(i) 100 yards – 7 Iron(Full swing)
(j) 110 yards – 6 Iron(Full swing)
(k) 120 yards – 5 Iron(Full swing)
(l) 130 yards – 4 Iron(Full swing)
(m) 140 yards – 3 Iron(Full swing)
(n) 150 yards – 26 Degree 7 Hybrid Rescue(Full swing)
(o) 160 yards – 19 Degree 4 Wood(Full swing)
(p) 170 yards – 15 Degree 3 Hybrid
Rescue(Full swing)
(q) I90 yards – 14 Degree Lady’s Driver(Full swing)
(r) 240 yards - 11 Degree
Driver(Full swing)
·
Short game is most important. So concentrate on the 20
feet pitch with a Pitching Wedge (most of the time) and Sand Wedge (when there
is less distance from the Apron to the Pin) and roll with a 9 Iron or a Putter
(if you are on the apron). The swing in the short game should be shallow and
only scraping the ground – NO DIVOT
|
Yards |
Steps |
Aim
Left Degrees |
BEST
Club |
Three fourth Swing |
Half Swing |
One
Fourth Swing |
|
20 |
26 |
0 |
P4 |
|
|
S4 |
|
25 |
32.5 |
0 |
P4 |
|
|
S4.5 |
|
30 |
39 |
0 |
P4.5 |
|
|
9(4) |
|
40 |
52 |
0 |
P2- |
|
|
8(4) |
|
50 |
65 |
0 |
SF |
40 |
30 |
7(4) |
|
60 |
78 |
0 |
P2.5 |
|
|
6(4) |
|
70 |
91 |
0 |
P3 |
|
|
5(4) |
|
80 |
104 |
0 |
PF |
70 |
50 |
4(4) |
|
95 |
124 |
0 |
9(3) |
|
|
3(4) |
|
105 |
137 |
0 |
9 |
90 |
80 |
|
|
115 |
150 |
3 |
8 |
95 |
85 |
5h |
|
125 |
163 |
4 |
7 |
100 |
90 |
3h |
|
135 |
176 |
5 |
6 |
105 |
95 |
|
|
145 |
189 |
6 |
5 |
120 |
110 |
R3 |
|
155 |
202 |
8 |
4 |
130 |
120 |
FW3 |
|
165 |
215 |
12 |
3 |
135 |
125 |
|
|
175 |
228 |
0 |
R 26 |
145 |
135 |
|
|
185 |
241 |
0 |
7W,R19 |
|
|
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|
195 |
254 |
8 |
4W |
|
|
|
|
210 |
273 |
8 |
D |
|
|
|
|
230 |
299 |
14 |
D 10 |
|
|
|
How to reduce yourHandicap rapidly:
1. Hitting shorter with an easy swing and not mishitting a single ball.
2. Always remaining on the fairway. If outside come back and don't try to
compensate for a bad shot.
3. Always aiming at the Center of the Green and not on the Hole for the
approach shot.
4. Follow through full and never looking at the ball till it has come to rest.
Let your Caddie find the ball.
5. Try for a 2 Putt all the time.
6. Take atleast one Practice Swing. Never take it casual even for one shot.
OTHER
GAMES WORTH PICKING UP
Tennis
Swimming+
Billiards
Table Tennis
Bridge (Card Game)
Self Study
SALES TRAINING
Watch the following Videos
https://www.youtube.com/watch?v=Ar_lpoZi-cI&list=PLvoqzZu9FF7dflcpzt-SMF1xLMncTPi79&index=3
Also see the following links on my Dunn
& Bradstreet Seminar presentation and some videos on sales.
• https://www.youtube.com/watch?v=XmYA5a_w3yE
• https://youtu.be/Ar_lpoZi-cI
• https://www.youtube.com/playlist?list=PLvoqzZu9FF7dflcpzt-SMF1xLMncTPi79
• https://youtu.be/7EVeze5sP-k
•
Oversimply Golf 6 https://youtu.be/OA2UGpTgOQE
PUBLIC SPEAKING VIDEO LINK https://photos.app.goo.gl/3Uuj6AVm93epUd9W6
Exam Shortcuts
Read
Syllabus
Highlight
When Reading
Speech
notes into word to get Notes
2 to 5
Practice Papers
Time
Management
Never
leave any Question Blank except in Objective Tests where Negative marking is
more HALF OR ABOVE
Studying for Retention
•
Highlight or underline as you are reading.
•
Write important points / new words
in the margin
•
Read Preface, Executive Summary and about the Author before you
start the book.
•
First run through the index.
•
After you finish each chapter dictate the main points into a voice
dictation software like Speech Notes (Android Play Store)
•
Carry out an exercise or project to use that knowledge practically
within 1 week.
Man Management

TRAINING CARRIED FOR MBA BATCHES
1. Introduction and importance of
communication
2. Emergency announcements on shop
floor(for rains/blast)
3. Talk to late comers (genuine and naughty
late comers)
4. Stance and what to do with ones arms
while speaking
5. How to give a motivation lecture
6. Talk about yourself
7. Listening skills
8. Eye to eye contact in public speaking
9. Gestures, mannerism and being yourself
10.
Leadership skills - Leadership is the process of interpersonal influence over
the activities of team members towards the achievement of organisational goals
in a given situation. In contemporary organisational life, managers must need
to work effectively with peers, supervisors and subordinates. Understanding
self and influencing others forms an integral part of this endeavor.
11. How loud one should speak
12. Formal dressing
13. Reading and writing in pairs (back to
back)
14. Reading aloud to class
15. Short write up on subject of ones
choice and presenting it
16. Introduction to group discussion
17. How to prepare a c.v.
18. What is assessor looking for
19.
What are the opportunities in GD.
20.
How to introduce a topic
21
How to butt in
22
How to manage conflict
23
How to conclude and sum up
24. What is an interview and how to prepare
for it
25. Emotional preparation for an interview
21. How to dress and how to move
22. How to collect information about a
target company
23. How to follow up on an employment call
24. How to control body language
25. How to participate in a conference
26. How to behave in a social party
/hosting skills
27. Table efficiency
28. How to interview workers
29. How to negotiate with trade union
30. Written communication (types of letter)
31. Making off light conversation and what topic to avoid
32. How to talk with senior management
33. Telephone ettiqute
34. Official spokesperson and P.R.O
35. How to avoid being misquoted
36. Conflict resolution
37. How to make friends
38. Maintaining a contact list
39. Debate
40. Talent Exhibition
41. How to get an appointment with senior
official
42. How to built and assess the culture of
an organisation
43. On the spot speaking / how to cover up
on hault while speaking
44. Presence of mind
45. extempore agility
SKILLS
YOU MUST PRACTICE
• - Induction Speech
• - Speak on my family
• - Speak any thing for 2 minutes in any language
• Make announcement on shop floor.
• Call out to a worker far away.
• Drill Square Command
• - Read to the wall while partner writes on board.
• - Write a speech and deliver it.
• - Convey message by action/body language
• - Convey moods by action.
• - Group discussions.
• - Interview.
• - Multiple Choice Questions answering strategy
• - Making a CV
• - Teaching Techniques
• - Debate Competition
• - Brainstorming sessions - Organization
• - Conducting a meeting.
• - Conducting a game.
• - Motivation lectures by Manager
- Addressing your team to pull up their socks and start performing failing
which each will be terminated
- Thank you
- Condolence speech on some ones death
- Appreciation on a job well done
- Conflict Management and how to avoid conflict with other departments
- Proposal
- Visioning
- Apology
• - Company Profile / History
• - Conducting a Quiz Competition.
• - Speaking a trade union leaders.
• - Organizing a party game.
• - Delivering joke
• - Singing a song to an audience
• - Party Etiquette
• - Attending Calls
• - Soft skills
• - Call Centro Training
• - Dressing up
• - Tennis
• - Golf
• - Bridge (card game)
• - Rummy (card game)
• - Cricket
• - Important Personalities in Indian and World History
• - National & International by Cultures
• - Communication Theory
• - Leadership Capsule
• - Formal-Informal Communications
• - Job Search techniques
• - Formation of Clubs
• - Organizing an event with checklist
• - Students to make presentations in team and video taped.
• - Organizing a Picnic
• - Talent Exhibition
• - Speaking only in English
• - Reading Economic Times every day
• - What I learned this week to be given
• - My favorite subject
• - Self Assessment Essay
• - My Strength
• - My Weakness
• - My Ambition
• - My Dreams
• - Basic Computer knowledge
• - Using the Internet
• - Using Outlook and PowerPoint
• - Making Graphs
• - Writing a Biz Plan will help of a template
• - Using templates for everything
• - Using MS Project 2003
• - Basics of Project Management
• - Evolving a Sales talk
• - Introducing Speech
• - Value System of your Company
• - Leadership
• - Empathy
• - Team Building
• - Biz games
• - Basics of Project Marketing
• - Organizing a Project Team
• - Dealing with Foreign Delegation
• - Dealing with Politicians and Ministers
• - Tendering Process
• - Basics of Stock _
• - My experience in Industry
• - HR Subjects
• - Bribing and Biz Development
• - Insurance
• - Housing & Loans
• - How to find information
• - Attitudes of a winner
• - Planning your career
• - Planning your investments
• - Indian Culture
• - Building Organization Culture
•
How I overcame my fear of Public Speaking
Say these 2 things in every conversation
ADVICE FROM ONE OF THE GREATEST SPEAKERS
1. Dialogue your thoughts on the theme with yourself and script
your thoughts logically. Only clarity in mind can add to easy flow & luster
in delivery.
2. Research supporting data and identify interesting stories,
analogies, fables, quotes and draw from history to supplement logic of your
main script. Weave calculated drama to your script to get audience break-through
more at the beginning and for a strong closure. Embellishments add to narrative
style and gets audience attention.
3. Experiment with your body movements, gestures & different
postures to identify the best that could match & draw audience attention to
emphasize the points you are making.
4. Practice your script and right gestures again and again (and
again) till it achieves a level of coordinated perfection in speech-craft to
match your natural style.
5. Dress right, hydrate well, breathe deep during pauses, mentally
relax, walk confidently and Speak Well to Win. Of course, last one minute say your
silent prayer. A strategic thinker and a strong doer is not good enough any
longer. It is a new competitive world. The competence of a professional needs
to be strongly augmented by an eloquent and confident speaking style. May the
tips above help you in your endeavor...
SUMMARY OF PUBLIC
SPEAKING FOR DUMMIES –
Preparing
Your Speech
1. Dont get talked into making a
presentation that you don't want to make.
2. Organize your information in a simple
pattern that the audience can easily recognize
3 Use various types of material-examples,
stories, statistics, quotes to maintain audience interest.
4. Use your introduction to set the
audience's expectations
5. Have a special conclusion ready that you
can go right into if you run out of time Never omit a conclusion.
6. Anticipate the questions you'll be asked
and have answers ready
7 Practice out loud
Readying
the Room
1. Get to the room early so that you have
time to make changes if it's set up improperly.
2. Close the curtains so that the audience
can't stare out the windows.
3. Control audience seating. Make sure that
chairs and tables are arranged in the configuration that you want. Remove extra
chairs
4. Check the microphone and sound system
while you're standing exactly where you'll be using them.
5. Make sure that the room isn't too cold
or too stuffy
6. Find out exactly where the room is
located and how long it takes you to get there.
Perfecting
Your Delivery
1 Try to establish eye contact with your
entire audience
2. Vary the rate, pitch, and volume of your
voice as well as its tone.
3. Don't stand with your hands clasped in
front of your crotch
4. Look at the audience more than your
notes
5. Don't pace back and forth, jingle change
in your pocket, or play with your hair
6. If standing behind a podium makes you
feel more comfotable, do it 7. Convey enthusiasm for your subject. It's
contagious.
Managing
Stage Fright
1. Alcohol and pills don't work. If 'hey
wear before you speak, you'll be even more nervous. If they don't, you'll be
incoherent
2. Channel nervous tension into your
performance.
3. Work off nervous energy by taking a few
deep breaths.
4. Leave time to go to the bathroom shortly
before you speak.
5. Remember that the audience wants you
succeed.
Great
Visual Aids
1. Don't make slides and overheads that are
difficult to read. Avoid too many words per line, too many colors, and designs
that are too busy or too small.
2. Check text for spelling errors.
3. Take advantage of computer software
templates that help you design visual aids.
4. You know you need time to design slides
and overheads. Don't forget to leave time to produce them.
5. Number all your slides and overheads.
6. You can't check the working condition of
the slide or overhead projector too many times.
7. Bring an extension cord and adapter
Using
Humor
1. Make sure that your humor relates to a
point in your presentation.
2. Avoid sexist, ethnic, racist, and off
color humor
3. Make offensive jokes acceptable by
changing their targets from ethnic groups to rival organizations.
4. If you can't tell a joke well, use humor
that doesn't require comic delivery: a personal anecdote, funny quotation, or
amusing analogy.
5. Build rapport by poking fun at yourself
appropriately.
Helpful
Web Sites, URL & Description
Kushner & Associates - www.kushnergroup.com
(Loaded with great links for public speakers).
The Virtual Reference Desk - www.refdesk.com
(Researching something? Start here)
WebRing - www.webring.org
(Tired of traditional search engines. Try a web ring Links to hundreds of
speeches)
The Speech and Transcript Center - gwis2.circ.gwu.edu/-gprice/speech.htm
(Links to hundreds of speeches)
FedWorld Information Network - www.fedworld.gov
(A gold mine of government information.)
The Lycos Image Gallery - www.lycos.com/picturethis
(Find Visual Aids)
RealNetworks - www.real.com
(Go here to download the Real Player. Then listen to speeche on your computer).
I strongly recommend you study ‘Public Speaking for DUMMIES’
by Dr. Malcom Kushner. This is the best book I have come across. I also suggest
that you keep a copy of this book.
I have just reproduced the TABLE OF CONTENTS which is really
worth reading through if you do not get time to read the full book
Public Speaking for DUMMIES
TABLE OF CONTENTS
Capter 1: How to Speak Persuasively
·
What Is Persuasion? – Peddling Influence & making people do something you
suggest
·
Why
everything you say involves persuasion – Aim – Inform, Entertain & Persuade
·
Key
factors in the persuasion process:
1.
Attitude
2.
Values
3.
Ego
involvement – more involved – more difficult to change attitude
4.
Credibility
·
How
to Be Persuasive.
·
When
they know both sides of the coin use two-sided messages
·
Know
when or deductive approach (Normally tell what you prefer & why). Use Inductive
approach when the audience may be hostile so that they hear the arguments
first.
·
Distinguish
features from benefits
·
Provide
a clear alternative
·
Threaten
a third party not the one to be persuaded.
·
Put
his values into conflict. Join a Gym – Laziness v/s Cheap solutions
·
Present
new information or argument rather repeating failed attempt.
·
Tell
them what you want – eg In sales – ask for the order
·
Anticipate
counterarguments –
·
Start
with points of agreement
·
Use
a variety of devices – Threats, Guilt, Conflict of Values, Logic.
·
Suggest
small, specific steps
·
Cut
through complex arguments with a simple demonstration
·
Cut
through complex arguments with a simple statement.
·
Have
a topper ready. – a line which squelches
opponents momentum
·
Harness
the power of guilt
Chapter 2: Speaking with Credibility
The Biggest
Myth- Credibility comes from speaker’s position. No it is from the audience
beliefs
Key Variables
Affecting Credibility:
1.
Character
2.
Competence
3.
Composure
4.
Likabihty
5.
Extroversion
Barriers to
Believability
1.
Stereotypes
2.
Conflicts
of interest Mistakes
3.
Flip-flops
– Show openness of your mind & point out changes in situation
Improving Your
Credibility
1.
Display
credentials – Degrees, Licenses, Honours, Awards, Publications, Experience
2.
Associate
yourself with high-credibility organizations
3.
Admit
shortcomings
4.
Display
similar values
5.
Remember
that actions speak louder than words
6.
Obtain
testimonials
7.
Dress
the part
8.
Fake
Charisma – magnetism, charm, appeal to win devotion- if you are not born with
it – show enthusiasm, commitment or give an inspiring story of self or someone
else
Chapter 3: Increasing the Influence of Your Speech
Controlling Your Introduction by organizer before your
Speech (2 minutes)
·
Write
your own introduction - send a pre-prepared Introduction NOT your CV
·
What
to include – Why topic of interest, background. What makes you an expert?
·
What
to exclude – All other things from Audience point of view
·
Carry
an extra copy
·
Contact
the person introducing you beforehand. Explain the Introduction otherwise why presentation
will be less effective
·
Recovering
from a bad introduction
1.
Don’t
attack the Introducer
2.
Have
bridge lines ready eg –What he really meant was ---, The notes I forgot to give
her--- Let me add a few---
3.
Refer
to a previous Introduction
4.
Prepare
2 Openings for your speech to cater for a bad Introduction
·
Getting
More Than 15 Minutes of Fame – both an opportunity & anxiety
·
Using
your presentation as personal PR- RULES
1.
LEAVE
TIME FOR PUBLICITY
2.
MAKE
IT NEWS WORTHY
3.
USE
RESOURSES LIKE PR DEPT, MKTG
Part II:
Preparing Your Presentation.
Chapter 4: Getting Started: On Your Mark, Get Set, Now
·
Why
Are You Giving a Speech?
·
Should
you speak at all?
·
Set
specific goals.
·
Ask
for essential information - occasion, audience and time
·
Selecting
a Topic (Picking a Powerful Title by changing or Shaping the Assigned one)
·
Analyze
your speaking situation- eulogizing, motivating, giving foresight etc Expectations
of Organizers, Audience, your own, how much can be covered, time of the day, Is
it last speaker, venue, anything that can offend audience / organizer
·
Generating
Ideas for Your Speech- Immediately write down stories, jokes, quotes , ideas,
points as they come to mind. Research Raleigh's research, Cantu's PrePTiMe, The
IdeaFisher
·
Pick
a powerful tittle – ABCD of ---Nuts & Bolts of ---, Doing --- by thr
Numbers, ----101, The Myth of ---, Beyond ---, Do it yourself ---, The 10
Commandments of ---
Chapter 5: Research Tips and Tricks
Gathering
Primary Sources
Mining yourself
for material
Interviewing
people
Checking out
Secondary Sources.
Utilizing ing
the library
Reading The
Wall Street Journal.
Pulling
Information from the Day and Date Book
Perusing
Chase's Calendar Events.
Gleaning from
databases of
Five Overlooked
Sources of Great Information
Calling
community colleges
Viewing videos
Contacting
government agencies
Calling trade
journal editors.
Using museums
Getting Someone
Else to Do Your Research - For Free Using reference librarians
Talking to
museum research staff
Using
government public information officers
Chapter 6: A Web of Resources
Researching on
the Web
The two best
Web sites Using search tools
Checking
traditional sources on the Web
Searching other
great places
Finding Great
Material on the Web
Quotes
Humor
Statistics
Visual Aids.
Accessing Help
for Your Writing Standard writing aids
Nonstandard
cool resources.
Picking Up
Performing Tips...
Key to the
kingdom: The RealPlayer Finding speeches you want to hear or see
Chapter 7: Relating to Your Audience (Without a Pate
Analyzing Your
Audience... Demographic information: age, sex, and Status
Audience
attitudes, values, and beliefs.
What do they
know and when did they know it
How to Learn
About Your Audience What's in It for Them?
What do they
expect? Highlight the benefits...
Putting Your
Audience in the Picture
Making personal
experience universal
Localizing and
customizing your remarks
Pushing their
hot buttons
Speaking to
Cross-Cultural Audiences
Don't fall for
stereotypes
Don't assume
your humor will work.
Do project
humility
Don't greet the
audience in their language if you don't speak it
Do eat their
food.
Tips and Tricks
for Creating Rapport
Acknowledge what
the audience is feeling
Assuage their
fears. Share something that helps the audience know you
Don't whine
about your problems
Identify and
address audience subgroups
Identify
influential audience members
Express your
emotions.
Focus on their
needs, not yours
Chapter 8: Organizing Your Speech
Selecting
Material
Patterns of
Organization Two key rules.......
Commonly used
patterns
Packaging and
bundling.
Outlining..........
When should you
make an outline?.
How many points
should you have? Timing
How long should
a speech be?
Timing tips and
tricks Surefire Method of Organizing a Presentation..
Chapter 9: Material: Building the Body of Your Speech
How to Make
Your Speech More Appealing...
Using logical
appeals.. v Making emotional appeals
Throwing the
one-two punch.
Relying on
Forms of Support.....
What's the
story?
How to use
quotations for maximum impact
Doing it by the
numbers: Statistics and other numerical da Gathering More Support: Definitions,
Analogies, and Examples ..
Definitions
Analogies
Examples
Table
Say Something
Memorable
Tell them
something that you found memorable Tell them something practical
Tell them what
to remember
Goof up
Chapter 10: Introductions: Getting Off on the Right Foot
Why the
Introduction Is the Most Important Part of Your Speech....
Setting
expectations Traditional functions
The bottom line
on functions
How to Create
the Perfect Introduction Answer audience questions
Include
necessary background Greetings and acknowledgments Make it the right length
Write it out...
Write the
introduction last Remember the show biz formula
What not to do
The Top Eight Introductions to Avoid
The apology The
cliché
The bait and
switch
The nerd
The space-case
The travelogue..
The propmaster
The ignoramus
Great Ways to
Begin
Material-based
introductions...
Audience-centered
introductions..
Simple but
effective introductions Handling Special Situations
What Type of
Opening Is Right for You?
Chapter 11: All's Well That Ends Well: Conclusions and
Transitions....
What the
Conclusion Must Do.
Summarize your
speech
Provide
closure..
Make a great
final impression
How to Create
the Perfect Conclusion Make it sound like a conclusion
Cue the
audience in advance
Make it the
right length
Write it out
Make the last
words memorable
Public Speaking
For Dummies
Always provide
an opportunity for questions
Remember it
ain't over till it's over
What not to do
The Top Echt Conclusions to Avold
The nonexistent
conclusion.
The "tree
crashed into my car, officer conclusion
The cloned
conclusion The tacky conclusion The wimpy conclusion
The pinball
machine conclusion The run-out-of-gas conclusion
The endless
conclusion
Wrapping It Up
In Style Refer back to the opening
Use a quotation
Ask a question
Tell a story
Recite a poem
Tell them what
to do Make a prediction
Ask for
help........... Ask for a commitment.
Match your
conclusion to your mission
Making
Transitions
What
transitions must Transition missions.
Common mistakes
with transitions
Chapter 12: Style: Getting the Words Right
Honing Your
Tone and Style, Word choice
Use power words
How to use jargon.
How to Create
Catch Phrases. The Fog Factor and Other Measures of Clarity
Classic
Rhetorical Tricks
Hyperbole
Allusion
Alliteration
Metaphor
Simile....
Rhetorical
question. The rule of three.
Repetition
Antithesis
Painless
Editing Techniques
Use
conversational language Read it out loud
Keep the
language
Avoid long
sentences Use the active voice
Be specific
Use exciting
verbs
Don't say we if
you mean "
Get rid of
clichés
Vary the pace
Avoid foreign
words and phrases Be careful with abbreviations
Eliminate
wishy-washy phrases Put it aside and come back to it
Chapter 13: Visual Aids: The Eye Contact
That Really
Counts..
The Pros and
Cons of Using Visual Aids
The cons The
pros
Using Charts
and Graphs
Common types of
charts and graphs.
Tips and tricks
for using charts and graphs Making Use of Slides and Overheads
Slides
Overheads
Do's and don'ts
for preparing slides and overheads
Using computer
software to design visual aids.
Working with
designers and production people Neat ideas for slides and overheads.
Working with an
overhead projector
Doing Flips
Over Flipcharts
Avoiding common
flipchart mistakes Tips and tricks for using flipcharts
Creating Great
Video (And Audio)
Using video
Utilizing audio in your presentations
Making an
Impact with Multimedia..
Multimedia
equipment you need Software for multimedia presentations
Getting
permission to use content. Using Simple Multimedia Tricks to Wow Your
Audience....
Handouts: The
Visual Aid They Take Home.
Making handouts
that get a hand..
Including the
right information
Knowing when to
give them out.
Preparing Great
Props
Using simple
props for fancy effects. The do's and don'ts of using props
Chapter 14: Practice Makes Perfect
Relying on
Memory. Script, or Notes
Memorizing
Working from a script Notes
Ips from the
Pros Rehearsal Tips How much should you rehearse?..... Should you record
yourself rehearsing?
How should you
rehearse? What should you rehearse?
Part III:
Delivering Your Presentation
Chapter 15: Getting the Room Right
Seating
Arrangements The basics ....-
Recognizing the
psychology of seating How to get the seating the way you want it Equipment
Considerations: Testing, One, Two, Four
The prime rule
of equipment
Seven things
you must always check Eliminating Distractions..... A room with a view...
Checking out
the view from the audience...
Assessing the
view from Getting rid of noise. Remembering the Stuff Everyone Forgets
the podium.
Getting
there... Four reasons to arrive early.
Temperature and
ventilation You have more control than you think
Chapter 16: Communicating with Confidence: How to scare Away Stage Fright
What Is Stage
Fright?
Finding Out
What You're Nervous About.
Changing Your
Perceptions Recognizing common fears
Realizing how
your audience really feels How the pros visualize success
Talking
yourself into a great speech
Transforming
Terror to Terrific: Physical Symptoms.
Stress-busting
exercises
The real
secret: Don't look nervous.
Six Tricks to
Prevent and Handle Stage Fright
Write out your
intro and conclusion
Anticipate
problems and have solutions ready.
Get there early
Divide and
conquer
Don't apologize
for nervousness
Watch what you
eat Two Popular Cures That Don't Fight Fright
Imagining the
audience naked Taking booze and pills Using Your Nervousness
Chapter 17: How to Stand Up and Stand Out
The Role of
Nonverbal Communication
The impact on
credibility
Command
performance versus commanding performa Understanding Body Language
Facial
expressions Posture
Posture do's
and don'ts
Gestures
Gesture do's
and don'ts
Eye
Contact.....
Image: Dressing
to Impress Image do's and don'ts
What about
informal meetings?. Mastering Physical Positioning and Movement
Managing
entrances and exits
Moving around
Basics of stage
positioning.
Working from a
podium
Podium do's and
don'ts
Handling a
Microphone Should you use a mike?
Types of mikes
Tricks and tips
for using a mike
Paralanguage:
What Your Voice Says about You
Tricks and tips
for using your voice
Chapter 18: How to Handle the Audience (Without Leaving
Fingerprints) ...
Reading an
Audience's Reaction
Checking energy
level Noticing body language
Asking questions
to gauge the audience......
Helping the
Audience Get Comfortable.
Handling a
Tough Audience
The most common
types of tough audience
Hecklers and
other pains in the neck
The do's and
don't of Dealing Hecklers with other dis lo
Handling a Non
Response
What to do if
you are losing them
Get a volunteer
from the audience.
Surefire
Audience Involvement Techniques
Using
psychological involvement
Exercising all
the senses.
Choosing ice
breakers and other gimmicks
Chapter 19: You Want to Know What? How to
Handle
Questions
The Basics of a
Q&A Session Anticipate questions
Answer
questions at the end
Don't let a few
people dominate....
Don't let the
questioner give a speech
Listen to the
question Repeat the question
Don't
guess.....
End the Q&A
strongly
Coming Up with
a Perfect Answer Every Time
How to treat
the questioner Designing your answer
Delivering your
answer.
Six Great
Question-Handling Techniques
Reversing the
question. Redirecting the question
Rephrasing the
question
Exposing a
hidden agenda
Putting the
question in context
Building a
bridge
Dealing with
Common Types of Questions
Responding to
Special Situations.
Handling
Hostile Questions
Identifying
hostile questions
Heading them
off at the pass
Dealing with
hostile questions
Getting Your
Audience to Ask Questions.
Chapter 20: Panels and Other Special Situations
Being on a
Panel.
Winning the
inevitable comparison
Maintaining
control of your message
Introducing
Other Presenters Finding Information about the speaker
Six ways to
make a speaker and yoursell look good
Avoiding
introduction error
Say a Few
Words: Giving Impromptu Speeches,
Be prepared
How to buy time
Organizing your
thoughts
Part IV: Scoring Points with Humor
Chapter 21: Making Your Point with Humor
Common Fears
About Using Humor
Why You Don't
Have to Be "Naturally Funny"
Being funny
versus communicating a sense of humor...... benefits of humor
Why bother?
The Avoiding
the Biggest Mistake
Making Humor
Relevant Using the analogy method
Finding new
uses for old jokes
Avoiding Humor
That Hurts
The three most
offensive categories of humor
A simple test
to determine offensiveness
How to
transform ethnic jokes into usable material ...
Editing Jokes:
Three Special Rules.
Put the punch
line at the end
Make it
conversational Use the right word.
Chapter 22: Simple Types of Humor That Anyone Can Use
Using Personal
Anecdotes
Why Personal
Anecdotes Get Attention.
Eighteen More
Types of Nonjoke Humor
Analogies
Quotes
Cartoons
Definitions
Abbreviations
and acronyms Computer viruses
Lists..
Letters
Observations
Parody news
headlines
Predictions
Signs
Bumper stickers
Laws
Page xiv
Dummies
Greeting
cards..
Country-western
song titles.
Karnak..
Lightbulb jokes
Chapter 23: Building Yourself Up by Putting Yourself Down
Utilizing the Power of Self-Effacing Humor
Poking Fun at
Yourself
Your status as
a speaker
The length of
your talk
Your profession
or occupation
Your public
image...
Your
less-than-lofty experiences
Your memberships
and associations.
Defusing
controversy with self-directed humor.
Stockpile
humorous acknowledgments..
V: The Part of Tens.
CHapter 24:
The Ten Biggest Mistakes Speakers Make
Chapter 25:
Ten Great Stories, Ideas, and Concepts to e in Any Presentation. .
Chapter 26: Ten Special Occasion
50 WEEK MANAGEMENT DEVELOPMENT
PROGRAM
|
WEEK
1 |
THE GROW MODEL FOR COACHING |
|
WEEK
2 |
DEVELOPING
INFLUENCE AND ASSERTIVE LEADERSHIP |
|
WEEK
3 |
VISIONING |
|
WEEK
4 |
THE CHANGE CURVE |
|
WEEK
5 |
THE LEADERSHIP PIPELINE |
|
WEEK
6 |
EMPLOYEE ENGAGEMENT AND THE
THREE-FACTOR THEORY |
|
WEEK 7 |
THE NINE PRINCIPLES OF MOTIVATION |
|
WEEK 8 |
SITUATIONAL LEADERSHIP (LEADERSHIP
STYLES) |
|
WEEK 9 |
THE JOHN WHITMORE MODEL |
|
WEEK 10 |
ACTION-CENTRED LEADERSHIP |
|
WEEK 11 |
THE SIX STEPS OF DELEGATION |
|
WEEK 12 |
KOTTER’S EIGHT–STAGE PROCESS FOR
LEADING CHANGE |
|
WEEK
13 |
SIX PRINCIPLES FOR GAINING COMMITMENT |
|
WEEK
14 |
BELBIN’S TEAM RULES |
|
WEEK
15 |
DRIVERS OF TRUST AND THE TRUST CYCLE |
|
WEEK
16 |
THE TRUTHS OF STRATEGY |
|
WEEK
17 |
SWOT ANALYSIS |
|
WEEK
18 |
SCENARIO THINKING |
|
WEEK
19 |
THE BALANCED SCORECARD |
|
WEEK
20 |
THE 7S MODEL |
|
WEEK
21 |
THE RULE OF 150 |
|
WEEK
22 |
THE SERVICE PROFIT CHAIN |
|
WEEK
23 |
UNDERSTANDING AND AVOIDING INERTIA |
|
WEEK
24 |
THE SIX RS OF BUSINESS |
|
WEEK
25 |
THE BOSTON CONSULTING GROUP MODEL |
|
WEEK
26 |
THE PARETO PRINCIPLE |
|
WEEK
27 |
BLUE OCEAN STRATEGY |
|
WEEK
28 |
BENCHMARKING |
|
WEEK
29 |
THE PRODUCT LIFE CYCLE |
|
WEEK
30 |
SYSTEMS THINKING |
|
WEEK
31 |
MARKET BARRIERS |
|
WEEK
32 |
THE SIX PS OF STRATEGIC THINKING |
|
WEEK
33 |
PORTER’S GENERIC COMPETITIVE
STRATEGIES |
|
WEEK
34 |
PESTLIED ANALYSIS |
|
WEEK
35 |
THE DYNAMICS OF PARADIGM CHANGE |
|
WEEK
36 |
ANSOFF’S PRODUCT MATRIX |
|
WEEK
37 |
RESOURCES AND THE CRITICAL PATH |
|
WEEK
38 |
DEVELOPING INTANGIBLE RESOURCES |
|
WEEK
39 |
MARKET POSITIONING AND VALUE CURVES |
|
WEEK
40 |
COMPETITIVE ANALYSIS: PORTER’S FIVE
FORCES |
|
WEEK
41 |
INNOVATION HOTSPOTS |
|
WEEK
42 |
DEEP DIVE PROTOTYPING |
|
WEEK
43 |
DEVELOPING CREATIVE THINKING |
|
WEEK
44 |
THE DISCOVERY CYCLE (ORCA) |
|
WEEK
45 |
THE FORTUNE AT THE BOTTOM OF THE
PYRAMID (BOP) |
|
WEEK
46 |
THE SIX THINKING HATS |
|
WEEK
47 |
INNOVATION CULTURE |
|
WEEK
48 |
DISNEY’S CREATIVITY STRATEGY |
|
WEEK
49 |
THE MATE MODEL FOR STRATEGIC SELLING |
|
WEEK
50 |
THE TEN CS OF SELLING ONLINE |
WEEK 1
THE GROW
MODEL FOR COACHING
The single most important technique for
executive coaching
The
GROW model, developed by Sir John Whitmore, provides a frame-work for coaching.
GROW has four stages: Goals, Reality, Options and Way forward. Responsibility
for setting goals rests with the coachee. The coach works in a non-directive
way, supporting and challenging.
GOALS
This
focuses on the coachee's aims and priorities. It sets the agenda for the
coaching conversation. The coach should be flexible and prepared to explore,
question and challenge. This is achieved with questioning and empathy. The
outcome is a clear set of goals for the session and the overall coaching
relationship.
|
Questions
include: ·
What is your goal? ·
What are your priorities? ·
What are you trying to achieve? ·
How will you know when you have achieved it? ·
Is the goal specific and measurable? ·
How will you know when it has been achieved? ·
What will success look like? |
REALITY
Explore
the learner's current position: the reality of their circumstances and their
concerns relating to their goals. The coach needs to help the coachee analyze
and understand the significant issues relating to their goal through
intelligent questioning. The coach can also provide information and summarize
the situation to clarify the reality.
|
Questions
include: ·
Can you control the result? What don't you have control
over? ·
What are the milestones or key points to achieving goals? ·
Who is involved and what effect could they have? ·
What have you done so far and what are the results? ·
What are the major issues you are encountering? |
OPTIONS
The
coach helps the coachee to generate options, strategies and action plans for
achieving goals. This can uncover new aspects of the individual's current
position with the result that discussion reverts back to the coachee's reality.
This is fine if it is productive or enlightening - the aim is to help the
individual, not rigidly follow a process.
|
Questions
include: ·
What options do you have? Which do you favour and why? ·
If you had unlimited resources, what options would you
have? ·
Could you link your goal to another organizational issue? ·
What would be the perfect solution? |
WAY FORWARD
Do
not rush the final stage. The aim is to agree what needs to be done. It can
help for the coachee to develop a practical plan to implement their option. The
coach should be a sounding board, highlighting strengths and weaknesses,
testing the approach and offering additional perspectives.
|
Questions
include ·
What are you going to do - and when? Who needs to know?
What support and resources do you need? ·
How will you overcome obstacles and ensure success? |
Finally,
the most effective plans incorporate a review and feedback process to check
progress and provide motivation.
WEEK 2
DEVELOPING
INFLUENCE AND ASSERTIVE LEADERSHIP
Providing
support and challenge while strengthening results and relationships.
Whether
you are giving feedback or selling a product or an idea, influencing requires
an understanding of how your behaviour affects others.
Overview
All
individuals have their own personality - the result both of nature and nurture
- and this remains largely unchanging. However, behaviour is different: it is
flexible and capable of being developed and enhanced. It's useful to consider
behaviour (yours and others) in terms of warmth or coldness, dominance or
submissiveness.
·
Warm
means being supportive, open, positive, empathetic, constructive and engaging -
not simply 'friendly'.
·
Cold
means being suspicious, detached, not focused on people or relationships.
·
Dominant
means being challenging, in control, confident, strong, authoritative and
direct.
·
Submissive
means subduing your own thoughts or actions for something or someone else.
The
diagram below (the assertiveness model) highlights different types of behaviour
(based on the Thomas-Kilmann Conflict Mode Instrument).
Dominant
Aggressive
behaviour Assertive behaviour
·
Argues
• Professional
·
Needs
to win • Inquiring
'Sort
yourself out.' ‘Tell me what's on
your mind.’
Cold Warm
Avoiding
behaviour Appeasing behaviour
·
Uninvolved • Over-friendly
·
Indifferent •
Talkative (rambling)
'I'll
deal with it later.' • Highly positive
•
Too agreeable
Submissive
Aggressive: dominant and cold behaviour
When
dealing with aggressive behaviour, the best approach is to:
·
increase
your dominance to match their high dominance levels
·
ensure
that you are demonstrating behaviour that is assertive and warm rather than
aggressive
·
use
open questions to generate understanding
·
use
body language and tone of voice to increase your dominance levels.
Avoiding: cold and submissive behaviour
When
dealing with avoiding behaviour, the first priority is to get people engaged.
Useful techniques include displaying lower dominance and higher warmth, using
open questions aimed at making them feel secure and softening body language and
intonation while continuing to smile.
Appeasing: warm and submissive
behaviour
When
dealing with appeasing individuals, it can help to:
·
stay
focused to keep them on track
·
use
open questions that appeal to their social needs but temper these with closed
questions when they waffle
·
ask
summary questions to maintain clarity and focus
·
use
their name if you are interrupting them.
Assertive: warm and dominant behaviour
When
dealing with conflict, it can help to be assertive and encourage others to be
assertive as well. Consider how easy it is to warm up behaviour: why and when
is it not easy? Why do we, as individuals, not behave in an assertive manner?
What is it that hinders supportive and challenging behaviour? Finally, what are
the most important questions for you to ask?
WEEK 3
VISIONING
Creating your future
By
imagining the future you want and then translating those ideas into practical
and actionable plans, you will make it happen.
Orienting
thinking towards the future is particularly important for middle and senior
managers and leaders because it provides focus, determines the company's
culture, builds resilience and adaptability and engages employees.
The need
A
powerful vision motivates and guides everyone at all levels in a company.
People manage what is in front of them, as daily and short-term tasks
understandably dominate our routine and thinking. This certainly keeps things
running smoothly in the stable present but is ill suited to coping with change
or taking advantage of (or creating) opportunities. Visioning liberates us from
simply managing the present, achieving more of the same or being unprepared for
new developments, and thus enables us to build a more successful future.
The process
Visioning
involves assessing and challenging current thinking and methods, developing new
ideas and deciding on the future you would like. It is also necessary to look
outside your company - noticing and understanding trends, identifying threats
and opportunities.
It
can be helpful to involve others in a visioning exercise by asking their views
on various issues. These questions will prompt thinking and encourage each
person to consider and challenge the company's aims and activities and to
suggest new options (giving reasons for their choices).
Using
these answers, you identify the most common issues and ideas, reduce these
options to the ones that are most significant and then draft a provisional
vision statement - this can be done by a smaller group of people, with the
final vision being reviewed and approved by everyone involved. As well as
generating ideas and opening up discussions, a major advantage of involving
others in the visioning process is that you will gain their commitment to the
final vision.
Once
you have developed your vision, determine how it can be achieved:
·
Deal
with any barriers that may stand in the way and consider how future events may
affect it.
·
Develop
a practical plan and communicate the vision and plan to every-one - show people
why it is important, what it will achieve and how it will work and gain their
commitment.
·
To
bring others with you, your vision needs to be clear, convincing, credible,
easy to grasp, actionable, inspiring and focused - but not overly prescriptive,
to provide flexibility and adaptability.
What's next?
A
vision is for nothing if it is not acted upon. You should ensure that all
strategy and decisions are guided by the vision and that everyone remains
committed to the vision. A vision also needs to be reviewed and adapted to
changing circumstances to ensure that it remains relevant and useful.
WEEK 4
THE CHANGE
CURVE
Understanding how people respond to
change
The
human reaction to change is now well understood. The change process is commonly
understood by reference to the research on people's reaction to bereavement.
Elisabeth Kubler-Ross has been a great contributor to our understanding of the
experience of loss and bereavement, as well as how we react to changes more
generally. The stages of loss that people typically go through are now commonly
known as the Change Curve.
Overview
Organizations
often refer to the Change Curve in the context of job loss and redundancy. Dr.
Kubler-Ross undertook her research on dying by interviewing terminally ill
patients. Although this is one of the most extreme and disturbing changes that
anyone can face, the reactions to it are the same as for many different types
of change. There are several key stages that people go through, as shown in the
graph below:
![]()
2. Denial 6. Acceptance
and integration
1. Shock 3.
Frustration
and anger
5.
Experiment
and decision
4.
Depression
1. Shock. The first reaction can often be
shock - and all the emotion that results from this.
2. Denial. This is a typical reaction and
it is important and necessary. It helps cushion the impact of the inevitability
of change.
3. Frustration and anger. The person
resents the change that they must face while others are less affected.
4. Depression. First, the person feels
deep disappointment, perhaps a sense of personal failing, things not done,
wrongs committed. Around this time they may also engage in bargaining:
beginning to accept the change but striking bargains -for more time, for
example,
5. Experiment and decision. Initial
engagement with the new situation and learning how to work in the new
situation, as well as making choices and decisions, and regaining control.
6. Acceptance and integration. Dr.
Kubler-Ross describes this stage as neither happy nor unhappy. While it is
devoid of feelings, it is not resignation - it is really a victory.
People
who are made redundant can go through a similar process. Just as with other
types of change, people often go through a first stage before denial - that of
shock or disbelief. We have witnessed people in shock following news of their
redundancy. It can take a long time for people to reach the acceptance stage
and often people oscillate between the different stages.
WEEK 5
THE
LEADERSHIP PIPELINE
Developing a leader-powered business
Performance
is inseparable from a company's approach to leadership development. Developed
by Ram Charan, Stephen Drotter and James Noel, the Leadership Pipeline is a
company-wide framework for developing future managers and leaders.
Overview
The
Leadership Pipeline is a continual process that ensures a throughput of
talented leaders. It is a practical, easily understood system that clearly
explains what is required to work successfully at each leadership level,
helping:
·
individuals
and companies to understand what is required for excellence at each level
·
individuals
to develop their skills, optimize potential and progress their careers
·
organizations
to manage and develop talent, and to build strategic an organizational
capabilities.
How it works
The
Leadership Pipeline represents the flow of internal talent into
business-critical roles. As such, organizational structures, processes and
reward mechanisms are geared towards encouraging preferred behaviours. For the
individual, the Pipeline clarifies the development path that will build the
leadership capabilities required to operate successfully at higher levels. At
each stage:
·
people
need to be clear about the capabilities needed for each level
·
managers
and leaders should use the skills and values that are expected at each level so
that others can operate effectively.
Traditional
approaches to leadership development tend to simply strengthen existing skills,
and inadequate attention is paid to learning new ones. The Leadership Pipeline
formally recognizes that change and improved performance occur best when the
skills that are needed for the next level are built on a solid foundation at
previous levels and when individuals are given the time and correct support and
training to learn the skills, time management and values required for the new
role.
This
clear framework makes it easy for people to see what capabilities and values
are needed for successful career progression and it focuses people on the
skills the organization needs - thus improving both current and future performance.
Working
towards successful transitions
Typically,
career progression involves making successful transitions at six key stages:
1. From managing yourself to managing
others
2. From managing others to managing
managers
3. From managing managers to functional
director
4. From functional director to business
director
5. From business director to group
business director
6. From group business director to company
director.
In
reality, people often make these transitions with little support and
inad-equate preparation, commonly modelling themselves on their predecessors
and learning what works through trial and error. The Leadership Pipeline makes
explicit what is required for success at each level. In particular, it
clarifies the requirements in three key areas:
1. Developing new skills
2. Improving time management
3. Adopting the values the organization is
looking for.
Acquiring
these capabilities at each level builds the foundation for success at the next
level. Consequently, this focus on skills, time management and values
prioritizes improved performance for advancement - benefiting both the
individual and the company.
WEEK 6
EMPLOYEE
ENGAGEMENT AND THE THREE-FACTOR THEORY
The three things that matter most to
people at work
The
factors that influence employee engagement combine in different ways and at
different times for each person. Obviously, pay and leadership are important -
with a direct relationship between pay and effort and the quality of leadership
being critical to employee engagement. In addition, people like to do work that
has meaning and purpose.
Following
international research, Sirota Consulting developed the Three-Factor Theory,
addressing employee engagement by addressing three basic needs: equity,
achievement and camaraderie.
Leaders
need to engage, inspire and energize their people. Gaining commitment and
getting people to acquire new skills and achieve their full potential leads to
ongoing improvements in performance, benefiting all concerned - individuals,
teams and companies. The Three Factor Theory establishes a self-sustaining
cycle of effective employee engagement by ensuring that practices and policies
focus on equity, achievement and camaraderie.
Equity
People
need to feel they are being treated fairly - especially in relation to others
both inside and outside the company. This includes:
·
physical
aspects - for example, working in a safe environment and being physically able
to do a job
·
economic
factors - people need to feel that their pay, benefits and job security are
fair
·
psychological
issues - including being treated with respect and consideration.
Achievement
People
work better and achieve more if they believe in what they are doing and have
confidence in the direction they are going. In short, they work best when they
feel they are achieving something. Six issues influence this:
1. Having challenging work and being able
to use their skills
2. Having the opportunity to develop their
capabilities and to take risks
3. Having the resources, authority,
information and support to work effectively
4. Knowing that the work is important and
has value and purpose
5. Receiving recognition - both financial
and non-financial
6. Having pride in the company's aims,
ethics, products and brand values.
Camaraderie
It
is important for individuals to have good relations with co-workers. This
requires congenial, co-operative, interesting and supportive relationships at
all levels, with the most immediate ones being the most significant. This
involves relationships:
·
with
co-workers
·
within
the business unit
·
across
on-site departments
·
across
the whole company.
WEEK 7
THE NINE
PRINCIPLES OF MOTIVATION
Creating the right environment
So
much in business depends on motivating others. There is only so much any one
person can do, so getting the most out of others is crucial to success. This
all begins with winning trust - everything else follows.
Motivating
others is an essential part of leadership. Your ability to motivate others
relies on what they think of you and how they think you view them. This requires
planning and vigilance and knowing that different people are motivated by
different things. To motivate effectively, you need to know what motivates each
person, the pressures they face, what influences their decisions and thinking,
and how you can make a difference. These nine principles of motivation will
help you to help your colleagues.
1.
Be motivated yourself
Self-motivation rallies others. People
will 'step up to the plate' if you do so yourself. Knowing what motivates you
will help you to motivate others.
2.
Recruit people who are highly motivated
and assign them to the right position
Match people's motivation to their job.
Some are motivated by making sales while others are motivated by following
processes, building teams or pursuing new ideas.
3.
Treat people as individuals
We all have different values and
personalities. What works for one may not motivate another. So, tap into what
motivates each individual to improve performance.
4.
Set challenging but realistic targets
Nothing is more demotivating than
unachievable targets. Nothing is more motivating than achievable,
we-can-beat-the-competition targets - they tap into our competitiveness and
desire to produce something to be proud of.
5.
Focus on progress - it motivates
Everyone responds to a pat on the back
- they've earned it and deserve it, so make it happen. The result: an upward
spiral of people wanting to achieve more.
6.
Develop an environment that motivates
people
Eliminate or minimize anything that
blocks motivation - from bureaucracy and unnecessary procedures to lack of
resources. Provide training and coaching to develop skills and to make people
feel valued.
7.
Ensure that people receive fair rewards
Promotion, pay rises, sales commission,
profit share, work benefits, additional responsibilities: these motivate
people. They give people a reason to stay and to help your company excel.
8.
Recognize people's work
We all want our efforts to be
acknowledged. Recognition is needed to maintain commitment.
9.
Be honest about your intent
Honesty lies at the heart of
motivation. Be clear about what your intentions are. People will be motivated
only by those they can trust.
WEEK 8
SITUATIONAL
LEADERSHIP (LEADERSHIP STYLES)
Adapting your approach
Situational
leadership improves your ability to lead others and to respond effectively to
situations.
Different leadership styles
By
adjusting your style to match each challenge, you are more likely to achieve
your desired outcome. To decide which approach is best, you need to consider
the issues, what needs to happen and the people involved. To develop your
situational leadership, you must be self-aware and understand your own style
and how it impacts others.
The
model of situational leadership developed by Ken Blanchard and Spencer Johnson
identifies and details the different leadership styles.
|
Leadership style |
Characteristics |
|
Directing ………..telling |
Centres on structure, control and
supervision and one-way communication
Effective
for teams that are new, temporary or forming
A
hands-on, decisive and involved approach that directs and emphasizes tasks
and deadlines |
|
Coaching ……….engaging
|
Focuses on directing and supporting -
using teaching and guiding skills
Works
well with teams that have worked together for a period of time
Promotes
a balance between short-term and long-term needs - such as monitoring target
achievement while developing longer-term priorities |
|
Supporting ……....developing
|
Involves praising, listening and
facilitating development
Appropriate
for teams that continue to function well
Leaders
are no longer involved in short-term performance and operational measures
Long-term
aspects are more important, with a focus on individual and team development,
planning and innovation |
|
Delegating …….hands-off
…….facilitating
|
Responsibility for routine decisions
is handed over
Works
best with a highly experienced, successful team when little involvement is
needed
The
focus is on working externally for the team by developing networks, securing
resources and sharing best practice
Intervention
is usually at the request of the team wanting support and advice with
defining problems, devising solutions or handling problems |
Using the right style
Each
situation should use the most appropriate style. For example, directing is
useful in exceptional circumstances such as a crisis requiring people to follow
a particular course of action or when handling difficult personnel issues.
To
decide which style is appropriate, assess the competence, ability, confidence
and motivation of those involved. For example:
·
Low
confidence may indicate reduced commitment, so a supportive and encouraging
style is appropriate.
·
Low
motivation requires a listening approach, to identify the causes and change the
situation.
WEEK 9
THE JOHN
WHITMORE MODEL
Are you setting the right goals in the
right way?
Sir
John Whitmore gave us the GROW model for coaching and he also highlighted a
model for goal-setting that is SMART, PURE and CLEAR, ensuring that you and
your colleagues have goals that are appropriate, achievable and successful.
Goal-setting
is vital whenever you need to focus someone (including yourself) on a specific
objective or series of objectives - for example, at an annual appraisal, when
someone starts a new role, or simply at the start of a new project.
When
developing people, it is important to provide a focus for action and to ensure
a sense of purpose. This is the value of the John Whitmore model: it provides a
checklist for goal-setting. So, when you are goal-setting, keep it simple and check
that each goal meets the 14 criteria in Whitmore's model.
|
Specific |
The
right goal |
Challenging |
|
Measurable |
Positively stated |
Legal |
|
Attainable |
Understood |
Environmentally sound |
|
Realistic/Realistic |
Relevant |
Agreed |
|
Time- constrained |
Ethical |
Recorded |
When
goal-setting, distinguish between end goals and performance goals:
·
End
goals are the ultimate objective. They could typically be to gain promotion or
additional responsibility or to complete a major project (e.g. I need to
achieve sales of £300,000 this year').
·
Performance
goals establish the level of performance that will help an individual to
achieve their end goal. Performance goals include such elements as quality
standards, time management and production targets (e.g. 'I need to develop my
negotiating skills').
Think
about a current goal you have or one you want to address in the future. Answer
the following questions to assess the robustness of your how approach to goal
setting, monitoring and achievement. Also comment on how you could improve your
approach.
|
·
What is your goal? ·
Is it specific? What, exactly, will success look like? Is
it an end goal or a performance goal? ·
Is it measurable? How will progress be measured and
monitored? ·
Is it attainable? Do you have the skills and resources
needed? ·
How will you succeed and what will you do? What could go
wrong? What are the risks? ·
Is it realistic? How does it relate to other people and
activities? Are these links understood and could this goal benefit from other
activities or expertise elsewhere in the organization? ·
What is the timescale? Are there milestones or
dependencies in the plan? ·
Is the goal stated as positively as possible, in a way
that will engage and encourage people? ·
Is it understood - is there a clear vision and view of what
success will look like? ·
Is it relevant - how well does it relate to other issues
and priorities? ·
Is it ethical? ·
Will it provide the right level of challenge? ·
Is it legal and are there legal (or regulatory) issues to
consider? ·
Is it environmentally sound? ·
Is everyone agreed or is more agreement needed? ·
Has the goal been recorded and is it being monitored, with
progress assessed and lessons learned? |
WEEK 10
ACTION-CENTRED
LEADERSHIP
Managing the task, team and individual
John
Adair's Action-Centred Leadership model views the role of leaders as
integrating three areas: ensuring that the task, the team and the individual
are working effectively and that their needs are met. Success relies on
ensuring that all three responsibilities are mutually reinforcing.
Overview
As a
leader, people look to you to set the direction, to support them, to help them
achieve their goals, to ensure that team members work well together .and to
make sure that the structures and procedures are in place (and working effectively).
It is not enough to have a great idea; you are responsible for making it
happen. In short, leadership is a total activity. If individuals aren't
motivated, teams will not function well; if teams don't work well, tasks will
fail and individual satisfaction falls, and so on. Whether you are leading one
team, a business unit or an entire company, you need to provide for:
·
the
needs of the task - provide the appropriate systems, procedures and structures
·
the
needs of the team - promote team cohesiveness so that team members work well
together
·
the
needs of the individual - engage each person (by considering pay, their sense
of purpose, their need to have achievements and contributions recognized, and
their need for status and to be part of something that matters).
A functional approach to leadership
To
provide for the needs of the task, team and individuals, John Adair out-lines
eight leadership functions:
1. Define the task. Everyone needs to
understand what is expected, so be clear about the task at hand - make it SMART
(Specific, Measurable, Attainable, Realistic and Time-constrained).
2. Plan. Identify options, look for
alternatives, make contingency plans and test your ideas. Working with others
in a positive, open-minded, constructive and creative way will help you to
develop the best plan.
3. Brief others. To create the right
conditions and bring people with you, you have to keep people informed. Both
teams and individuals will work well only if they have access to information
and your thinking - without open communication, confusion or even distrust can
seriously hamper business strategy.
4. Control effectively. You need
self-control and you need to positively control others. Put the right
procedures and monitoring in place, delegate tasks and trust others to both
take responsibility and deliver results.
5. Evaluate. Assess likely consequences,
measure and judge the performance of both teams and individuals and provide
necessary feedback and training.
6. Motivate. Motivate yourself - if you
are not motivated, it will be difficult to motivate others. Recruit people who
are highly motivated. Set realistic and achievable targets - people respond to
doable goal Focus on progress, reward success and recognize achievements.
7. Be organized. Be organized yourself and
ensure that teams and individuals have the necessary skills, procedures,
structures and resources in place for them to do their jobs efficiently.
8. Set the right example. The example you
set to others influences their behaviour, motivation and willingness to follow
you.
WEEK 11
THE SIX
STEPS OF DELEGATION
Developmental, productive - the
cornerstone of leadership
Without
delegation, leaders cannot lead and managers cannot manage. Delegation develops
skills, challenges and retains great people, and in-creases productivity. Yet
many people have difficulty delegating. These six steps will help you to
delegate effectively.
Delegation
requires empowerment and trust. You need to empower people give them the skills
and confidence to act and take risks. You need to trust them and accept that
mistakes will happen - mistakes that can be rectified and learned from and that
are more than made up for by the progress that is achieved. Delegation is
essential precisely because it goes directly to the bottom line - it has a huge
impact on productivity, innovation and employee engagement and retention.
Delegation
can be learned but, to be successful, it rests entirely on having the right
mindset. It is about bringing people with you. While experience helps, what is
more important is attitude, good communication skills and confidence in
yourself. These six stages provide a framework to help you delegate
successfully:
1.
Prepare to delegate
Know
what you want to achieve. Be clear about goals and priorities and decide how
these can be achieved. Plan what needs to happen, and when, and bring people
along with you. Winning hearts and minds and making sure people know the
reasons for your plan and what is expected of them are essential.
2.
Match the person to the task
Know
your people. Understand what they can do, their potential, what would challenge
and stimulate them. It also helps to understand their future career plans. Make
the most of each person's abilities. Look for potential and take risks. With
encouragement, training and trust, you will get more from each person.
3.
Discuss and agree objectives
Engage
people with the task that needs to be completed. Everyone needs to understand
your thinking, agree with the plan and be clear about what needs to be done and
when. Consider constructive criticisms because it can improve your plan and
gain the buy-in of others.
4.
Put resources and power in place
Provide
the necessary resources and authority. In this way, your people can make
decisions and act. Support your people whenever this is needed - they need to
know you are behind them.
5.
Monitor progress
Ensure
that people are accountable for delivering what is expected of them. Having
overall goals and interim targets will help people to stay focused, to meet
deadlines and to ensure that standards and results additional art met. The goal
is to keep people motivated and on track and to provide support where needed.
6.
Review progress
Learn
from experience and feedback. Compare and discuss results and objectives with
those involved. Look at what worked well and what could have been done better.
Use this to improve future plans.
WEEK 12
KOTTER’S
EIGHT–STAGE PROCESS FOR LEADING CHANGE
Achieving progress and getting the
right things done in the best way possible
The
eight-stage process of creating major change was first outlined by John Kotter
in his bestselling book Leading Change;
it describes what the leader needs to do to ensure that beneficial change is
achieved.
1.
Establish a sense of urgency
As a
leader, you should initiate or take control of the process by emphasizing the
need for change. The more urgent and pressing the need, the more likely people
will be focused. Usually, the leader's role is to stay positive and build on
success. However, it can also help to emphasize failure - what might go wrong
and how, when and what the consequences could be. You can also emphasize
positive elements such as windows of opportunity that require swift and
effective change.
2.
Create the guiding coalition
The
guiding coalition needs to understand the purpose of the change process.
Members should be united, coordinated and carry significant authority. The
coalition needs to have the power to make things happen, to change systems and
procedures, and to win people over.
3.
Develop a vision and strategy
The
guiding coalition needs to create a simple, powerful vision that will direct
and guide change and achieve goals. You need to develop a detailed strategy for
achieving that vision. The strategy needs to be practical, work-able,
understandable, simple and consistent.
4.
Communicate the change vision
Use
every means possible to constantly communicate the new vision and strategies.
This will build pressure, momentum and understanding, sustaining a sense of
urgency. The guiding coalition should lead by example and act as role models
for the behaviour expected of employees.
5.
Empower broad-based action
The
leader and the guiding coalition cannot achieve change in isolation - it needs
the commitment and effort of others. Provide a blame-free and supportive environment
and empower your people by removing obstacles, changing systems or structures
that undermine the vision and encouraging risk-taking and non-traditional ideas
6.
Generate short-term wins
These
produce momentum and provide an opportunity to build on success. To do this,
plan for visible improvements in performance - or 'wins', create those wins and
recognize and reward people who make wins possible.
7.
Consolidate gains and produce more
change
Once
the excitement of the start-up phase has passed, the successes have been built
and people know what is needed, people can tire and problems can arise. The key
is to move steadily: maintain momentum without moving too fast. You need to
continue by using increased credibility and understanding of what is still
needed, hiring, promoting and developing people who can implement the changes
and reinvigorating the process with new projects, themes and change agents.
8.
Anchor new approaches in the
organization's culture
A
key danger in managing change is to finish too early. The best situation is
often where change, development and continuous improvements become the norm.
What matters is making changes that are firmly grounded in the organization.
This requires you to explain the connections between the new behaviours or
actions and success.
WEEK 13
SIX
PRINCIPLES FOR GAINING COMMITMENT
Achieving employee engagement during
times of transition
What
is the goal of employee engagement? Quite simply: to maximize performance and
profit. These will not happen if leaders don't have their people's commitment.
Gone are the times when leaders simply informed others; nowadays a dialogue
needs to take place. People need to feel valued and listened to, and leaders
need to inspire, win hearts and minds, and harness talent and potential.
Successful
transitions depend on gaining commitment. Without it, companies underperform
and strategy is harder to achieve. John Smythe developed six principles to
engage employees - releasing creativity, raising productivity and promoting commitment
and loyalty. They give people a compelling reason to work for you, to excel,
and to implement plans successfully. By listening, engaging, empowering and
encouraging people to share ideas, you will build confidence, loyalty and
camaraderie.
1.
Develop the right plan and make sure that
everyone agrees
Ensure
that the senior team has explored all options and developed the best strategy.
While teams often agree on a plan, some people may have held back ideas or not
been on board. Making sure that everyone at the senior level is on board is
critical.
2.
Plan the transition process and prepare
a timeline
When
planning the timeline for implementation, consider the timing of all demands
that will be placed on people, including emotional and motivational aspects.
3.
Decide who is to be involved - and how
Make
sure that everyone is clear about who is involved and how and why they are
involved - or affected. When people know what their role is and understand your
strategy, they are more engaged, adaptable and committed.
4.
Set standards (including role modeling
and measuring progress)
Putting
standards and timed goals in place enables people to measure progress. The key
is to win and maintain people's commitment: measures need to work with people;
they should not demotivate. When setting goals, consider the people involved -
ask yourself how they would respond.
5.
Connect with each person as an
individual
Include
opportunities for people to reflect, learn and enjoy working for your company.
Implementing a new strategy should be enjoyable - emphasize the excitement, the
potential and the opportunities. Include opportunities to celebrate past
achievements - moving to the future without a nod to the past is discouraging.
6.
Tell and sell the new strategy
Tap
into people's desire to be part of something and interpret situations from
their perspective. Empathy is an invaluable tool for generating enthusiasm and
commitment. Remember: the version of change you are giving is not the only one
people hear. Be honest, keep people informed, and offer a better, more
inspirational and convincing explanation of events and strategy.
WEEK 14
BELBIN’S
TEAM RULES
Building, managing and understanding
teams and teamworking
R.
Meredith Belbin identified nine ways people work together in teams.
Understanding these types will help you build and lead better teams.
Leading a team
While
people can have characteristics from different categories, one style tends to
dominate. To manage teams effectively, you need to identify and understand the
style each person uses. Knowing the type of person each team member is will
help you to build the right team, get the most out of people, delegate
effectively and manage situations successfully. The information can be used to
motivate, secure commitment, encourage the behaviours and actions you are
looking for, and help you understand when to challenge and when to hold back.
This insight enables you to know what type of support to offer, as well as
knowing how to avoid conflict or manage it effectively should it arise.
Belbin's nine team roles
|
Team role |
Strengths - contribution to
team-working |
Weaknesses - problems for
team-working |
|
Plant |
Plants
are creative and imaginative individuals. Their approach can be unorthodox,
unusual or freethinking. As a result, they are particularly effective at
solving difficult problems. |
A
propensity to ignore details and become too preoccupied or-focused on one
issue, hindering communication and collaboration.
|
|
Resource investigator |
Typically
resource investigators are outgoing, extrovert, enthusiastic and
communicative. Skills include the ability to explore opportunities and
develop contacts. |
Over-optimistic
and positive, rather than realistic or resilient. This can mean that they
lose interest after their initial enthusiasm.
|
|
Coordinator
|
Coordinators
are mature and confident, able to connect big-picture thinking with detailed
implementation, good planning and organizational skills. |
Too
much delegation and co-ordination of others can be seen as manipulative, and
they can sometimes be perceived as offloading work. |
|
Shaper
|
Shapers
are challenging, action-oriented and dynamic. Within teams they enjoy
decision-making and problem-solving, and bring the drive and courage needed
to overcome obstacles. |
Prone
to provocation, and may risk offending team-members' feelings with their
focus on action and results (rather than people). |
|
Monitor Evaluator |
Monitor
evaluators' strength is their sober, strategic and discerning approach. They
contribute to team effectiveness by viewing all options and displaying sound,
accurate judgement |
An
ability to monitor, evaluate and assess is not always dynamic, and their
weaknesses can include a lack of drive and ability to inspire others.
|
|
Teamworker |
Teamworkers
are especially co-operative, perceptive and diplomatic. They complement a
team with their ability to listen, build on ideas, promote collaboration and
mutual support and avoid friction. |
A
key weakness is indecision in crunch situations, including those scenarios
where there is no 'right' way forward.
|
|
Team role |
Strengths - contribution to
team-working |
Weaknesses - problems for
team-working |
|
Implementer |
Implementers
contribute to teams by being disciplined, reliable and efficient. They are
especially skilled at turning ideas into practical actions and results
|
Can
slow down teamworking by being inflexible or slow to respond to new options.
|
|
Completer finisher |
Completer
finishers deliver on time and succeed by providing the team with a
conscientious, anxious approach that looks for errors and omissions. |
Completer
finishers can worry unnecessarily or excessively and sometimes be reluctant
to delegate.
|
|
Specialist |
Specialists
are single-minded, dedicated self-starters. who contribute to team
effectiveness by providing valuable knowledge and skills. |
The
specialist's weakness is their tendency to concentrate on technicalities and
they may only contribute in a single narrow area. |
The
diagnostic questionnaire for BeIbin's team role analysis is available at Belbin
Associates' website (www.belbin.com).
WEEK 15
DRIVERS OF
TRUST AND THE TRUST CYCLE
What we look for when choosing to trust
someone
The
drivers of trust are the attributes that lead to effective relationships.
The
cycle of trust is the process through which trust can be developed and
maintained.
Overview
Trust
matters because success can be achieved only by working through others. By
inspiring trust, you will encourage those around you to be flexible and
collaborative. Developing the drivers of trust and maintaining the trust of
others will lead to productive business relationships.
The drivers of trust
The
main drivers of trust are:
|
·
fairness ·
dependability ·
respect ·
openness ·
courage |
·
unselfishness ·
competence ·
supportiveness ·
empathy ·
compassion |
By
promoting these qualities, relationships with colleagues, customers and
stakeholders are more beneficial to everyone involved.
The reality of trust
In
reality, the attributes we are more likely to encounter (the reality of trust)
are:
|
·
likeability ·
dependability ·
critical ·
ambition ·
fairness |
·
professionalism ·
competence ·
respect ·
controlling ·
predictability |
The trust deficit
People
look for the drivers of trust when deciding when, and how much, to trust
someone. When people's expectations are not met, trust and indeed the entire
relationship are seriously undermined. It would seem that without a concerted
effort to develop and demonstrate these qualities we are unlikely to develop
the rapport we need for good working relationships. Avoiding a trust deficit
becomes all-important if we are to get the most out of business relationships.
By understanding the drivers of trust, along with the cycle of trust, we can
better shape the way we relate to others and build successful, reliable and
productive relationships.
The Trust Cycle
|
|
|
Commit
— agree what you will deliver,
how and when
|
|
|
|
Deliver
— take action and achieve what
you have promised |
By
continually following these stages, you will build and maintain the trust that
is essential for effective, productive relationships. As trust is such a
fragile commodity, failing to achieve any one of these stages will damage the
relationship and require you to go back and rebuild it. For this reason,
ensuring that trust is maintained - by continually developing the drivers of
trust and following the cycle of trust - is less disruptive, less time-consuming
and less stressful. It creates the positive and productive relationships that
are necessary for success.
WEEK 16
THE TRUTHS
OF STRATEGY
Who, what, how: succeeding with
business strategy
Developing
a distinctive, successful business strategy is often over-elaborate and
over-complicated. Strategy is simply about understanding where you are now,
where you are heading and - crucially - how you will get there.
The idea
Strategy
has three essential elements: development, implementation and selling (meaning,
obtaining commitment and buy-in). Underpinning all three is choice, in
particular the need to choose a distinctive strategic position on three
dimensions:
1. Who to target as customers (and who to
avoid targeting)
2. What products to offer
3. How to undertake related activities
efficiently
In practice
Strategy
is all about making tough choices in these three dimensions: who, what and how.
It means deciding on the customers you will target and, just as importantly,
the customers you will not target.
This issue requires a focus on customer segmentation and geography.
Delivering
a successful strategy also means choosing the products or services you will
offer and what product features or benefits to emphasize. Finally, strategy
means choosing the activities you will use to sell your selected product to
your selected customer.
This
approach sounds simple but there are several key points to note to ensure a
successful strategy:
·
Ensure
that your strategy creates a unique strategic position. This is achieved by
focusing on who your customers are, the value proposition offered to these
customers and how you can do this efficiently.
·
Make
distinctive, tough choices. To be distinctive and meaningful, strategy must
make difficult choices and combine these choices in a self-reinforcing system
of activities that fit. Common mistakes include: keeping options open;
permitting incentives in the system that enable people to ignore choices;
searching for growth in a way that forces people to ignore the firm's strategy,
and analysis paralysis.
·
Understand
the importance of values and incentives. In particular, the underlying
environment of your organization creates the behaviours of that organization.
The organization's culture and values, measurement and incentives, people,
structure and processes all determine the underlying environment.
·
Gain
people's emotional commitment to the strategy. Any strategy, however brilliant,
will fail unless people are emotionally committed to its success.
·
Remember,
understanding is not the same as communicating. Explain why the strategy is
important to the organization and the individual.
·
Do
not overlook the knowledge-doing gap. Individuals tend to do the urgent things
and not the important ones. There is a gap between what they know and what they
do. Remember, what gets measured gets done.
·
Do
not believe that 'strategic' means important. Closely linked is the mistaken
view that only 'top' people can develop strategic ideas. Ideas can come from
anybody, anytime, anywhere.
·
Keep
your strategy flexible. All ideas are good for a limited time - not forever.
Keep checking the answers to the 'who - what - how' questions. Strategy does
not need to be changed too often but it will occasionally require adjusting to
suit external circumstances. So, give your people freedom and autonomy to
respond and to adjust, without waiting for permission or instructions.
WEEK 17
SWOT
ANALYSIS
A valuable decision-making technique
SWOT
analysis can work at many different levels: from the overall operation of the
organization as a whole to the separate and independent issues affecting a
department or a single product.
|
·
Strengths ·
Opportunities |
·
Weaknesses ·
Threats |
Internal sources of strength and
weakness
These
are typically found within an organization, whereas opportunities and threats
are most often external. Some factors can be sources both of strength and
weakness: for example the age of employees. Older employees may denote a stable
organization, able to retain employees and maintain a wealth of experience, or
it may simply mean that the organization is too conservative. Many factors can
be either strengths or weaknesses and they can change from one to the other
surprisingly quickly.
External sources of opportunity and
threat
These
are more difficult to assess than internal ones. Examples of sources of
opportunities and threats are detailed below.
|
Sources
of opportunity include: ·
new markets (including export markets) ·
new technologies ·
new products and product enhancements ·
mergers, acquisitions and divestments ·
new investment ·
factors affecting competitors' fortunes ·
commercial agreements and strategic partnerships ·
political, economic, regulatory and trade developments |
|
Sources
of threats include: •
industrial action •
political and regulatory issues •
economic issues •
trade factors •
mergers and other developments among competitors •
new market entrants •
pricing actions by competitors •
market innovations by competitors •
environmental factors •
natural disasters •
crises, notably including issues of health, safety,
product quality and liability •
key staff attracted away from the business •
security issues, including industrial espionage and the
security of IT systems •
supply chain problems •
distribution and delivery problems •
bad debts (resulting from the fortunes of others) •
demographic factors and social changes affecting
customers' tastes or habits. |
WEEK 18
SCENARIO
THINKING
Walking the battlefield before battle
commences
Scenario
thinking is a tool for exploring possible futures. It is used to stimulate
debate, develop resilient strategies and test business plans against possible
futures. It enables us to think innovatively and to develop strategy that is
not constrained by the past. It provides the insight needed to manage
uncertainty and risk, set strategy, handle complexity, improve decision-making,
reveal current potential, promote responsiveness and control our future.
Overview
Scenarios
inform and guide our understanding of possible futures that lie ahead and the
forces contributing to those events. The outcomes of different responses to
potential developments can be tested, without risk, through exploring various
scenarios. The aim is not to predict the future accurately but to experience
events before they happen.
Scenario
thinking allows us to:
·
reveal
new perspectives and identify gaps in organizational knowledge
·
challenge
assumptions, overcoming business-as-usual thinking
·
understand
the present and identify potential e promote awareness of external events
·
encourage
people to share information and ideas
·
improve
our responses to events
·
promote
a shift in attitude and develop greater certainty
·
promote
a shared purpose and direction.
The
Strategic Conversation is an ongoing process of assessing the present, creating
and testing scenarios, developing and analyzing options, and then selecting,
refining and implementing the chosen options. Scenarios should:
·
Involve
people at all levels
·
be
relevant and valued
·
avoid
existing biases
·
be
rooted in a thorough analysis of the present.
Initial planning
Create
a separate team to plan the process - preferably external people known for
innovative, challenging thinking. They should:
·
identify
gaps in knowledge, given the business challenges to be faced
·
agree
the project's duration
·
interview
members of the scenario workshop - asking each person for a 'history of the
future' (what could happen and how it happened)
·
collate
and analyze their responses in a report, identifying the main issues, ideas and
uncertainties. (This will set the agenda for the first workshop.)
Developing the scenarios
The
aim is to understand the forces shaping the future. The workshop should develop
scenarios that create and assess possible events and their consequences.
Participants should:
·
identify
the forces that could impact a situation
·
agree
two possible opposite outcomes (and the forces involved)
·
identify
how these forces are linked
·
decide
whether each force has a low or high impact and a low or high probability
·
develop
likely 'histories' that led to each outcome, detailing the factors involved.
Analyzing and using the scenarios
Identify
the priorities and concerns of people responsible for key decisions in the
scenario who are outside the organization - including their likely reactions at
different stages in the scenario. Then develop an action plan by working
backwards from the scenario's future to the present in order to identify the
early signs of change. These can be recognized and acted upon swiftly and
effectively, thereby influencing the strategic direction of the company.
WEEK 19
THE
BALANCED SCORECARD
Developed
by Robert Kaplan and David Norton, the Balanced Scorecard is a valuable adjunct
to traditional business measures that are limited by their focus on past
performance. The Balanced Scorecard overcomes this limitation by providing a
means of assessing future performance to better inform and guide strategic
development.
Overview
The
reason for its success is its ability to integrate measures of performance to
present a balanced view of a company's overall performance and to pinpoint
areas that need completion or further development. The process generates
objectives in four areas - financial data, customers' perceptions, essential
internal processes, and innovation and learning - and puts in place action
plans and continuous assessment. It has been criticized for being too
prescriptive and quantitative, but its use can be broadened to include
qualitative aspects.
How to use the Balanced Scorecard
approach
The
approach taken will depend on the company's type, size and structure. However,
there are five broad stages:
1. Prepare, define and communicate the
strategy - people need to understand the objectives and how to achieve them
2. Decide what to measure - typical
measures are shown in this table:
|
Area |
Aim |
What to measure |
|
Financial |
To
increase ·
profitability ·
share price performance ·
return on assets |
·
Cash
flows ·
Cost
reduction ·
Gross
margins ·
Return
on capital / equity / investments / sales ·
Revenue
growth ·
Payment
terms |
|
Customers |
To
improve: ·
customer acquisition ·
customer retention ·
customer satisfaction ·
cross-sales volumes |
·
Market
share ·
Customer
service and satisfaction ·
Number
of complaints ·
Customer
profitability ·
Delivery
times ·
Units
sold ·
Number
of customers |
|
Internal processes |
To
improve: ·
core competencies ·
critical technologies ·
employee morale ... and to ·
streamline processes |
·
Efficiency
·
Lead
times ·
Unit
costs ·
Waste
·
Sourcing
and supplier delivery ·
Employee
morale and satisfaction, and staff turnover ·
Internal
audit standards ·
Sales
per employee |
|
Innovation and learning |
To
promote: ·
new product development ·
continuous improvement ·
employees' training and skills |
·
Number of new products ·
Sales of new products ·
Number of employees receiving training ·
Outputs from employees' training ·
Training hours per employee ·
Number and scope of skills learned |
3. Finalize and implement the plan - this
stage ensures that measures are workable, tailored and adopted. Essentially,
this is managing by setting objectives.
4. Publicize and use the results - being
seen to act is important. Also, while ensuring that everyone understands
overall objectives, decide who should receive specific information, why and how
frequently.
5. Review and amend the system - to solve
any problems and to set new challenges.
WEEK 20
THE 7S
MODEL
Assessing business performance
The
7S model is a framework for assessing the performance of a company. It views
all seven elements as equally important because they impact on each other -
with failure in one area undermining the others. By appreciating how they are
related, and assessing performance from this perspective, companies and teams
can better align activities to achieve goals.
Overview
First
developed in the 1970s by McKinsey and refined by Tom Peters, Robert Waterman
and Richard Pascale, the 75 model works from the principle that success relies
on simultaneously pursuing a combination of seven hard and soft aspects of
running a business. Known for changing people's thinking at the time, it still
provides a useful framework for assessing and improving a company or how a team
is working - identifying gaps and enabling adjustments to be made to ensure
that all seven aspects are aligned, working together, and supporting and
reinforcing one another. By knowing how things are interrelated, the framework
raises awareness of the full impact of any changes.

1.
Strategy
These are plans that determine, define
and outline how to fulfill the company's goals and purpose and to achieve
competitive advantage.
2.
Structure
This is how the company is organized
and how each part relates to the others.
3.
Systems
This is about how both formal and
informal business processes function.
4.
Shared values (superordirlate goals)
These are the company's beliefs, values
and guiding mission that draw people together and that directly influence their
approach, thinking and actions.
5.
Skills
These are the capabilities of both the
people and the organization.
6.
Staff
This concerns the nature, type and
general abilities of the people employed.
7.
Style
This is the organization's culture and
style of leadership that, along with having an internal impact, determine how
people outside the organization view the company.
The main point is that all seven
elements are interrelated, with each affecting the others. In this, it can be
viewed as an early proponent of holistic business. Significantly - and this is
of particular relevance to leaders today - it reveals how underperformance can
be attributed to neglect in any one of the seven aspects, regardless of strong
focus and capabilities in one or more of the others. Richard Pascale
subsequently argued that, while it is generally important to view all seven as
equally significant to achieving success, having shared values (superordinate
goals) is the element that binds all the others together.
WEEK 21
THE RULE OF
150
A bold way to create the right working
conditions.
This
rule is about limiting the number of people at any one location to 150.
Overview
The
rule is based on the idea that 150 is the largest group size that people can
deal with - beyond that number, it is increasingly difficult to form bonds with
others. If groups are larger, hierarchies, regulations and formal measures are
required. However, with fewer than 150, goals can be achieved informally and
people work better and are happier, more motivated and more productive.
Why it works
Co-workers
find socializing, teamworking, innovating, collaborating and sharing knowledge
easier to achieve in groups of fewer than 150 people. By organizing operations
into smaller groups, large companies can gain the benefit of smaller groups -
being closer, driven, entrepreneurial, supportive and productive.
The rule in practice
Gore
Associates, a high-tech firm, uses this rule. It has 15 plants all within 20
kilometres (12 miles) of one another, and each with fewer than 150 employees.
It has resisted the option of merging its separate sites - despite potential
cost savings - because the small size of each unit ensures that everyone knows
everyone else and works well together.
By
organizing itself in this way, Gore, despite being a large company with
thousands of employees, is still able to enjoy the entrepreneurial approach of
a small start-up. Each unit enjoys the benefits of collective management, which
are
·
improved
communication
·
greater
initiative
·
flexibility.
It
is notable that employee turnover is significantly less than the industry
average and the company has enjoyed sustained profitability and growth for over
35 years.
This
does not mean that Gore has no control or input. It has put a strong managerial
system in place to oversee each unit, to ensure that activities are coordinated
and efficient. The company also encourages a sense of community and teamwork
within these groups - after all, the rule only means that it is possible for
workers to form positive bonds with each other, so efforts must still be made
to ensure that this happens. In addition, Gore makes sure that it develops a
sense of community across the company by encouraging people to communicate and
collaborate with workers from other groups.
WEEK 22
THE SERVICE
PROFIT CHAIN
Managing the vital link between people
and profit
The
service profit chain highlights how employee engagement drives improvements in
company performance. When employees are able to see the impact of their
actions, it changes their approach and improves results.
The idea
The
service profit chain is based on the premise that market leadership requires an
emphasis on managing value drivers those factors that have the greatest impact
on success and provide the most benefit to customers. This concept is then
focused on the value drivers that are the most important determinants of
success: employee retention, employee satisfaction and employee productivity -
it is these that strongly influence customer loyalty, revenue growth and
profitability.
How the service profit chain works


In practice: Sears
In
the 1990s US-based retailer Sears reversed significant losses by focusing on
employee issues in order to turn around the company's fortunes. They examined:
·
how
employees felt about working at the company
·
how
employee behaviour affected customers
·
how
customers' experience affected profits.
Sears
asked employees to estimate how much profit was made for each dollar sold. The
average answer was 46 cents while the real answer was 1 cent - demonstrating that profitability was poorly understood.
The company introduced changes in order to engage with employees and to get
them to understand what influences profitability - in particular, to make clear
the link between employee behaviour, customer satisfaction and company success.
By understanding the implications of their actions, it changed their approach,
resulting in sustained improvements in profitability.
In practice: B&Q
At UK
retailer B&Q, each percentage increase in staff turnover was costing the
company £1 million. By reducing staff turnover from 35 to 28 per cent through
its Employee Engagement Programme, the company reduced costs and increased
turnover per employee by 20 per cent.
WEEK 23
UNDERSTANDING
AND AVOIDING INERTIA
When success traps us in the past
It
might seem counterintuitive to warn people about the dangers of success but
that is exactly what Donald Sull did when he developed the concept of 'active
inertia' - where people repeat the strategies and activities that have worked
well in the past.
A
reliance on previous thinking and approaches - the formula of success - can
cause a company to fail to respond properly to new developments. By applying
past approaches to new conditions, the end result can be a downward spiral -
leaving an organization vulnerable to more dynamic companies with approaches
better suited to the new environment.
How active inertia works
A
firm correctly discerns gradual shifts and developments in the external
environment, but fails to respond effectively.
Managers
get trapped by success, often responding to the most disruptive changes by
accelerating activities that succeeded in the past.
The
source of active inertia is a company's success formula, the unique set of
strategic frames, resources, processes, relationships and values that
collectively influence managers' actions.
With
time and repetition, people stop considering alternatives to their formula. The
individual components of the success formula grow less flexible.
How active inertia happens
Active
inertia occurs because people come to rely on a past formula of success, where
accepted approaches become entrenched and people stop considering alternatives.
Consequently, people continue to respond to external changes by pursuing fixes
and activities that worked in the past. However, these responses are likely to
be ineffectual because they are based on past success and not current and
future needs.
Why a past success formula does not
guarantee a successful future
Essentially,
like it or not, our brains are lazy - subconsciously preferring the easy route
to solving problems and then, equally subconsciously, superimposing a solid
layer of reasons to justify our decisions. So it is hardly surprising that our
brains fool us into being happy to rely on approaches that have proven
successful in the past: it is easy and we have a ready-made wall of rock-solid
excuses to hand.
As
individuals, our thinking, strategies, Methods, use of resources, relationships
and values all become firmly entrenched. The consequence for companies is that
this formula becomes so deeply embedded that they are left vulnerable when
faced with changing conditions.
It
is understandable that past approaches should be so revered and relied upon -
they are, after all, the reason for the company's current success. However, we
should keep in mind that this formula is exactly that: suited to the current,
stable situation - not the future. Companies can suddenly find themselves
commercially stranded.
The
bottom line is that, when faced with new developments, your approach needs to
change accordingly - essentially, the survival of the fittest depends on
adaptation.
WEEK 24
THE SIX Rs
OF BUSINESS
Business is a total activity
Luis
Gallardo's Six Rs is a total approach to business — where all activities work
together, moving the whole company forward in the same direction.
Having
all company activities support one other enables us to develop the right mindset,
strategy and approach for growing a successful business. This holistic approach
ensures that no part of a company undermines overall goals or the activities of
another part of the business. The Six Rs are:
·
Reason
·
Revenue
·
Rousers
·
Reputation
·
Relationships
·
Resilience.
Why the Six Rs matter
The
Six Rs should work together, supporting one other and never undermining other
business activities or goals. As companies can discover to their cost (witness
the damage to sales when legal tax avoidance is revealed), any aspect of
running a business can have serious consequences. Conversely, when the various
corporate activities support one other, they will strengthen the brand and
promote success. Essentially, everyone and all activities should pull together.
To have parts, even unwittingly, pulling in different directions will derail
strategy and cause a company to veer off course.
Reason
The
starting point, and ongoing requirement, for setting and directing all
activities is to know the reason why you are in business - your vision, values
and purpose. This sets the tone and gains commitment and, consequently, has an
enormous impact on customers and achieving goals. Your purpose should be
communicated to everyone in the organization. Also, by fitting your products
and services to your reason and values, customers and employees will understand
what your company means.
Revenue
Managing
and maximizing revenues is essential for enacting strategies and building
resilience. An often overlooked but critical aspect is the portfolio of clients
- it reveals strengths and gaps elsewhere in the company. The important thing
is to manage revenues through the prism of the rest of the 6Rs - and to manage
the others through the lens of revenue.
Rousers
Engaging
your people and aligning their thinking and behaviours to the rest of the
company's activities depend on being able to inspire them. This has an enormous
impact on all areas of a business - especially customers - and sets the right
conditions for people to be innovative and to adapt successfully to change.
Reputation
Reputation
is critical to success. It affects employees as well as current and potential
customers and all stakeholders. The important point is that reputation can be
affected by any aspect of the business - emphasizing the need to ensure that
other activities do not undermine reputation.
Relationships
All
business - internal and external - is about handling relationships. Everything
is affected, with a direct bearing on profitability, so all relationships
should be managed carefully, keeping in mind the importance of the Six Rs
approach.
Resilience
Developing
resilience enables companies to continue achieving goals, to survive difficult
circumstances and to take advantage of opportunities. It enables swift and
appropriate responses to any developments and the flexibility to adapt to
change. Resilience involves being proactive, prepared and having the right
mindset to deal with any events, threats or opportunities.
WEEK 25
THE BOSTON
CONSULTING GROUP MODEL
How to manage your product portfolio
Identifying
which products and investments should be continued (and at what level of
investment) is a complicated task. Cutting through this confusion, the Boston
Consulting Group model (developed by Bruce Henderson) provides a
straightforward means of managing your port-folio of products.
How it works
The
model uses a matrix, each box representing a type of product: Star, Cash cow,
Question mark and Dog. Products are located in a quadrant according to market
growth and market share. The category a product falls into enables you to see
whether it is worth pursuing. By Looking at the matrix, it is easy to see why
each category has certain characteristics and prospects.

Star
Given
the high market growth, this product is obviously a rising star and should be
pursued. Coupled with high market share, the risks are minimal and the return
will be high. A note of caution, though, is that a growing market will
inevitably cost a lot to keep up with so it is advisable to consider your
ability to fund this - especially if there are large set-up costs or if you
expect a delay in the product generating revenue.
Cash cow
Clearly,
given the large market share, there is still a lot of potential for generating
revenue. However, given the low market growth, there may be some limiting
factors (such as time or changing technology) that suggest you should milk
these products as much as you can before the opportunity for high returns
dwindles in a declining market. It would be wise to monitor market conditions
closely to prevent losses should the market decline rapidly.
Question mark
If a
product falls into this category, there are issues that need to be addressed
before a decision can be made. Although there is high market growth, you have
to ask yourself whether the low market share will generate enough revenue to
justify the investment - especially given the likely high costs of keeping pace
with a growing market. A key factor in making a decision is having deep-enough
pockets either to wait for higher returns as the market grows or to turn it
into a Star by securing a stronger market share.
Dog
With
low market share and low market growth, this product is going nowhere fast.
Clearly, it is not worth pursuing. Sometimes, you may wish to continue with
this type of product if it provides other benefits - such as maintaining
customer loyalty for your overall brand.
WEEK 26
THE PARETO
PRINCIPLE
Finding the right locus and answer
using the 80:20 rule
Pareto
analysis arose from Vilfredo Pareto's observation that many activities break
down into an 80:20 ratio, where 80 per cent of output is due to 20 per cent of
the contributory factors. This observation is now used to focus business
strategy, problem-solving and operations on the key inputs that are responsible
for 80 per cent of the outcome.
How it works
The
80:20 ratio applies both to positive and negative situations, providing a
useful means of dealing quickly with problems or opportunities. In other words,
by identifying the small number of key factors that are contributing most to a
situation, we can better focus efforts to achieve the desired result.
Pareto
analysis is only as good as the data that is used, so we need to ensure that
all contributory factors are identified and that appropriate and revealing
parameters and measures are established and interpreted correctly. Although not
everything falls neatly into an 80:20 rule, Pareto analysis is still useful for
identifying the main causal factors.
This
simple example shows how the process works.
1. Research and discuss the issue,
identifying all contributory factors.
2. Decide an appropriate time period and
method of measurement.
3. Measure how frequently each factor
occurs (or another measure, such as cost).
4. Rank the factors in descending order,
with the largest one first.
5. Calculate the frequency of each factor
as a percentage of the total occurrences (or cost).
6. Calculate the cumulative percentage
(current percentage plus all previous percentages).
7. Depict this information on a graph -
with 'frequency as a percentage of total’ as a bar chart and 'cumulative
percentage' as a line, adding a third line showing the 80 per cent cut-off
point.
All
factors that appear to the left of the intersection of the two lines are the
ones contributing to 80 per cent of the result - these are the factors to focus
on.
Example
of how the Pareto Principle can be displayed

WEEK 27
BLUE OCEAN
STRATEGY
Creating unique market opportunities
A
Blue Ocean Strategy is one where the key to success Lies not in competing
directly with rivals within a market, but in creating an entirely new market where there are currently no
competitors and where the potential for high returns is vast.
Developed
by W. Chan Kim and Renee Mauborgne, Blue Ocean Strategy involves a change in
strategic thinking towards a mindset that challenges existing market
boundaries, rewrites the rules of competition, and creates a new, as yet
uncontested, market space. The theory outlines two attitudes to competition:
Red Oceans and Blue Oceans.
The
current marketplace for all products and services is made up of Red Oceans
(bloody battlegrounds), where boundaries are clearly defined and companies
operate within the boundaries of their accepted Red Ocean markets. Here, the
entrenched battleground is one where companies compete to gain extra market
share within the current market boundary.
A
very different attitude pervades the Blue Oceans. These are areas of deep,
uncharted, almost limitless potential where the aim is not to compete on
traditional grounds but to develop products and services that create entirely
new markets. In essence, it is creating customers that do not yet exist.
At
its core, Blue Ocean Strategy believes that it is better to create tomorrow's
customers through developing a new market rather than scrabbling around trying
to capture existing customers in the current marketplace. There may be many
justifications for this approach but, quite simply, the reason seems
straightforward: to create a monopoly situation and reap the high rewards
before competitors enter the new market.
Value creation
Value
is achieved by integrating the utility of the product with its cost and price.
It is not a case of choosing between competing through managing costs or
product differentiation: it is about pursuing both. It is this that creates the
value that appeals across customer groups, drawing them into a new market.
Think of this as maximizing the gap between the utility of the product and its
price (facilitated by lower costs) - the larger this gap, the higher the value
and the more it attracts customers.
Blue
Ocean Strategy relies on four main principles:
1. Challenging existing market boundaries.
Reconstruct the marketplace, identifying and creating new markets and
customers. The Blue Ocean is a vast place where demand is unrealized - it
doesn't yet exist. The aim is to bring this demand into existence.
2. Keeping focused on the overall picture.
Be clear about your goals: what matters and needs to be achieved.
3. Minimizing risk. Assess current
industry standards and decide what can be:
a. eliminated - things that are not
necessary
b. reduced - things that do not need to be
done to a high standard
c. raised - things that should be done
better
d. created - things that have never been
offered before.
4. Planning careful implementation. You
will need to overcome barriers and secure the resources and the support of your
people (especially key influencers).
WEEK 28
BENCHMARKING
Measuring performance
Benchmarking
establishes standards against which performance can be measured. It is used to
assess performance and to set targets across a range of business activities.
Overview
The
purpose of benchmarking is to improve efficiency and quality, to determine and
promote best practice, to maintain competitiveness and to focus people on the
need for change and improvement. Carol McNair and Kathleen Leibfried divide
benchmarking into four categories as shown in this table:
|
Category |
Aim |
|
Internal
|
Using
internal measures to match or surpass current performance, ensure consistent
standards throughout the company, eliminate waste and improve operations |
|
Competitive
|
Using
competitors' standards to set targets that match or improve upon their
performance |
|
Industry
|
Setting
benchmarks that are industry standards |
|
Best-in-class |
To match or surpass the standards of the
best companies in any industry or country |
Setting benchmarks
The
data should be free from bias or vested interests. Using an external company to
gather evidence and measure standards will help to maintain impartiality.
Successful
benchmarking needs everyone to be 'on the same page' and to understand the
process. People need to be clear about what is being measured and what, and it
is important to give people the time and resources they need.
While
targets need to be realistic and achievable, they also need to ensure that
standards are maintained and consistent throughout a company and they should
seek to continually improve upon performance. To do this, it is necessary to
look at both internal and external evidence.
Benchmarking
is a continual process that needs to adapt quickly to changes - it is no use
measuring activities that are no longer relevant or failing to measure
activities that are now more significant. To do this effectively, as well as
assessing internal operations, you need a keen awareness of your customers,
competitors and companies in other sectors. This ensures that benchmarking is
focused on the issues that matter now rather than reflecting the past, and is
not blinkered by a narrow, internal focus that risks delivering more of the
same.
By
enabling you to know what competitors are doing and what the most innovative,
high-performing companies in other industries are achieving, benchmarking will
help to maintain your company's competitiveness.
WEEK 29
THE PRODUCT
LIFE CYCLE
Managing your product portfolio
From
development and launch, through its peak to eventual decline, a product's life
cycle determines the strategy needed to optimize its return at each stage and
to develop further products to ensure ongoing profit-ability and
competitiveness.
Although
not an exact science, the duration of each stage varies according to the
product and the markets involved. Some life cycles are obviously shorter than
others - such as technology products. With very short life cycles, it is
essential to maximize returns as quickly as possible and to be continually
developing the next products. A long-lasting branded product, despite
undergoing many life cycles, enjoys continuity from its brand name. Companies,
however, still have to manage the life cycles of such branded products -
planning the next improvement and managing the replacement of the current
version.
There
are five stages in the product life cycle:
1. Development - this includes entirely
new products and changes or improvements to existing products
2. Introduction - at this stage, costs can
be high relative to revenue
3. Growth - revenue rises and offsets
costs
4. Maturity - growth slows and competition
rises
5. Decline - sales decline due to
increased competition or changing customer preferences
The
following describes tactics appropriate to each stage:
Development
Development
can be very costly, with unexpected delays, so cash-flow issues are paramount. Researching
what customers are looking for and testing prototypes with potential customers
will help you develop the right products with fewer glitches - as well as
promoting a ready-made pool of customers. Importantly, product development is
an ongoing process, ensuring that new products or improvements to existing
products are ready to replace current products.
Introduction
Getting
the launch right is essential. Raising product awareness quickly requires
promotional and advertising investment - depending on the nature of the
product, targeting early adopters can be useful at this stage. An aggressive
pricing strategy can achieve fast market penetration - although this will
depend on the brand's attributes. You could also consider minimizing
distribution costs by limiting the availability of the product.
Growth
In
the face of more competition, but still with considerable potential revenue and
falling unit costs, strategy needs to focus on outcompeting rivals, delivering
extra value to customers and increasing market share. Further promotional
offers, marketing and advertising campaigns, attractive prices and promoting
the product's brand will strengthen your position.
Maturity
Given
the influx of competitors, a company is faced with several strategic options to
strengthen its market share, including: product differentiation, entering new
markets, attracting rivals' customers, a price war, and reducing costs to
maintain competitive pricing and profitability. It is important at this stage
to monitor the financial situation and the viability of the different options.
Decline
With
falling sales and reduced margins, any plans and further investment should be
considered carefully. Reducing the available options for the product and
reducing the number of markets the product is offered in will re-duce costs.
Catering to your core customers to cement their loyalty can also boost profits
at this stage. Other tactics to extend the life of a product include product
extensions and entering previously untapped markets.
WEEK 30
SYSTEMS
THINKING
Building better companies
A
company is a collection of systems, and systems within systems. These all need
to operate individually and collectively, to drive the business forward. A
company's systems need to work with strategy, and they need to be open,
adaptive and understood.
Traditional
approaches to strategy have emphasized the mechanics of how things work. This
can result in too much complexity and 'over-engineering', with processes and
systems being overly focused on the present, unable to adapt and failing to win
people over. The fundamental flaw is setting a predetermined solution at the
start of any redesign, which then influences subsequent thinking, narrowing
views and ambitions, and misses better options. Often, the result of
re-engineering is an expensive disappointment.
In The Fifth Discipline, Peter Senge
revolutionized business re-engineering by arguing that solutions should be
considered only after fully understanding the relationships within and between systems
(including the behaviours involved) and examining all related problems and
issues. Essentially: go back to basics, look deeper and search further, before
you start thinking about solutions. Such open systems thinking builds teams,
promotes creativity and develops new approaches. It works with the company's
long-term strategy, enabling adaptability and continual improvement. It is not
the easiest approach: it is time-consuming and mentally demanding and generates
an overwhelming number of questions. It works best when the right culture and
mindset exist.
There
are seven steps to successful systems thinking:
1.
Explore the situation
Gather
the information you need without making judgments or looking for causes and
effects. At this stage, do two things:
·
Cast
your net wide, collating as much information as possible.
·
Be
objective and detached (see things as they are, without an agenda).
2.
Describe the system
To
understand what you are dealing with, list and describe the things that have
happened - including the culture, people and atmosphere. Identify, date and
examine trends and patterns. Position each factor on a diagram to show the
relationships that exist between them. This highlights how aspects work
together and reveals negative and positive feedback loops to enable you to
analyze the systems in more depth later.
3.
Build models
Mathematical
and IT tools are useful but they will take you only so far because systems need
to be considered as they really function if they are to be understood and improved.
4.
Compare your model to what is actually
happening
Check
your model against reality to see whether it fits and whether you have
understood it correctly or have missed something.
5.
Identify potential improvements
Once
you have confirmed that your model is an accurate representation of what is
happening, explore ways in which the system can be improved.
6.
Implement your improvements
Monitor
changes and identify any further improvements that could be made. It is
essential to win people over - successful change depends on people's
willingness to work positively with the new systems.
7.
Repeat the process
Systems
thinking is a continuous activity; companies need to adapt to change and to
take advantage of new opportunities.
WEEK 31
MARKET
BARRIERS
Protecting your profits
Market
exit and entry barriers have both positive and negative effects on profit,
depending on your company's position and on the impact the barriers have on
your competitors. A key aspect of awareness of market barriers is that they increase
our focus on external issues. In short, it forces us to look up and see the
business horizon in much greater detail.
Overview
The
word 'barrier' is slightly misleading. While barriers will certainly make you
do your sums, consider the ramifications and prepare contingency plans, they
also deter your competitors. And that is the point: use barriers to your
advantage. Your strategy must include careful calculations about the costs
involved and you must balance these against the revenue and market dominance
potential, but it should also look for how to exploit barriers to your
advantage.
The
matrix below summarizes the impact of barriers to entry and exit on
profitability.
|
Low entry barriers |
Returns: stable Profit: low |
Returns: at risk Profit: low |
|
High entry barriers |
Returns: stable Profit: high |
Returns: at risk Profit: high |
|
|
Low exit barriers |
High exit barriers |
Entry barriers
There
are many barriers to entry, including:
·
the
high cost of capital
·
other
companies owning patents and proprietary technology
·
high
research and development costs of developing necessary products
·
expensive
technology
·
existing
companies enjoying economies of scale that you can't afford to match
·
a
restricted number of government licences
·
the
expense of (or lack of access to) effective distribution channels
·
Your
product not being different enough from market leaders.
Exit barriers
There
are many exit barriers, including:
·
high
fixed costs
·
few
buyers for your expensive, specialized equipment
·
contractual
salary, redundancy and pension commitments
·
legal
regulations
·
outstanding
contractual obligations
·
being
tied to other companies
·
risk
to brand image.
Not
only do you need to understand all the costs, legalities and brand issues, you
need to understand how barriers work: how they affect you and, importantly, how
they will affect your current and potential competitors. Do this and you will
determine the business strategy that is right for your company.
For
example, the ideal scenario for an established company is to have high entry
barriers and low exit barriers. The reasons are self-evident: high entry
barriers deter others from entering the market you are already operating in;
low exit barriers will not cause you a problem should you decide to change course.
A
much less favourable scenario is having low entry barriers but high exit
barriers. Obviously, with low entry barriers, competitors can flood into the
market. Unfortunately, the high exit barriers will make it difficult and
ex-pensive to leave the market, restricting your strategic options in the
future.
WEEK 32
THE SIX PS
OF STRATEGIC THINKING
Following the right path
Strategy
is an overused word, but it simply means moving from where you are now to where
you want to be. The Six Ps framework helps to guide thinking when developing,
implementing, monitoring and reviewing strategy,
Overview
Business
strategy is a total activity, with every part of the organization connected and
working together successfully. Because of this, some of the best-laid plans can
go awry or fail to achieve their potential because of simple oversights or by a
failure to properly explore an issue. The Six Ps highlight how all aspects of a
business must work together, and how shortcomings in one part will affect other
aspects of your strategy.
Using
the Six Ps framework will help to keep the strategy focused on the most
important issues as well as enabling you to understand exactly what is
happening, to look at issues creatively, to develop solutions, to monitor
progress and to think strategically.
The
Six Ps of strategic thinking are Plan, Ploy, Pattern, Position, Perspective and
Process, explained in the following flow chart.
|
PLAN
- Know where you are headed, and design the plan that will get you there. |
|
|
|
PLOY
- Determine the tactics that will deal effectively with competitors or others
in your own company. |
|
|
|
PATTERN
- Assess the patterns of behaviour that are apparent in order, for example,
to improve processes or to identify potential customers and markets. |
|
|
|
POSITION
- Know where your company fits in the market relative to the competition. |
|
|
|
PERSPECTIVE
- Assess the current character of the company and consider how this could be
improved to better match strategic aims. |
|
|
|
PROCESS
(programme of activities) -, Develop, monitor and improve a programme of
activities to achieve your strategy. |
WEEK 33
PORTER’S
GENERIC COMPETITIVE STRATEGIES
Choosing the road ahead
Porter's
Generic Competitive Strategies describe how a company develops competitive
advantage across its chosen market. There are three generic strategies: cost
leadership, differentiation and focus.
Overview
A
company chooses to pursue one of two types of competitive advantage: either
with lower costs than its competitors, or by differentiating itself along
dimensions valued by customers so it can command a higher price. A company also
chooses one of two types of scope: either focus (offering its products to
selected segments of the market) or industry-wide, offering its product across
many market segments. The generic strategy reflects choices made about both the
type of competitive advantage and the scope. The concept was first described by
Michael Porter in 1980.

Cost leadership
The
strategic aim is to offer competitive prices by reducing costs and to also use
lower costs to raise profit margins, fund discount campaigns, or launch an
aggressive price war to gain market share and eliminate the competition.
Reducing costs can also open up new markets that were less able to sustain
higher prices. Another advantage of lowering costs is providing flexibility
should suppliers raise prices unexpectedly and suddenly, without you also
having to raise prices.
The
risks, however, are that other companies can copy your methods, eroding any
advantage you have, and the lack of investment in research and development will
leave your products looking dated and inefficient compared to those of
competitors with better equipment and methods.
Differentiation
Developing
distinctive products for different segments separates you from the competition.
It creates product desirability, strengthens your brand, promotes customer
loyalty, provides competitive advantage, enables higher prices and delivers
higher returns. Your products can be differentiated from those of your
competitors but you can also differentiate your own products from one another
to target different customer groups and markets.
The
risks are higher costs and waste and the potential for more complex operations.
Focus
While
focus incorporates aspects of cost leadership and differentiation, it is
concerned with targeting products and services at one market segment, gaining
increased share in that segment. The risk is that this will produce a narrow
view that is overly focused on the short term, on too few factors, and on a
less lucrative or unstable market and thus fails to see potential elsewhere.
WEEK 34
PESTLIED
ANALYSIS
Looking outwards for opportunities
Using
PESTLIED analysis improves awareness of the impact of external factors. Given the
huge number of influences - both opportunities and threats - it is essential to
constantly scan the environment for changes and adjust strategy and operations
accordingly.
Overview
When
running a business it is always advisable to keep a wide range of external
matters in view. PESTLIED provides a format to check that strategy and plans
have adequately accounted for external factors and to conduct an overall review
of how the company is performing and how it could be improved. Significantly,
by valuing and using this format, it encourages people to always look beyond
the company to notice opportunities and threats. It therefore works well with
the technique of SWOT analysis.
The
broad areas to consider that form part of PESTLIED analysis are outlined below.
Political
Consider
the governmental actions that could affect your company - from local councils
and national governments to larger, supranational bodies.
Economic
Understand
all current and potential financial aspects (in different countries) that are
either detrimental or offer opportunities - such as taxation, financial
regulations, interest rates and currency markets.
Social
Knowing
about developing trends, the general mood of a country, and people's beliefs,
changes in tastes and fashions and their expectations has always been
important, but never more so than today, with the rise and power of social
media.
Technical
We
are living in an age where knowledge and use of the latest technologies are
everything. These can reduce costs and enable us to offer better products and
services. It is an inescapable fact: the company that doesn't move with new
technology rapidly becomes outdated and out-competed.
Legal
Not
conducting due diligence and not knowing exactly what legalities and regulations
are involved is irresponsible and risky. While this should be normal in terms
of your current places of operation, you should also look to possible future
developments and to what is happening (and likely to happen) in other
countries. Are there better places to base your operations and will future
changes make somewhere else advantageous? When entering new markets, it is
important to know all legal aspects so that you set the right strategy and
ensure that all legal obligations are met.
International
This
is a broad area covering everything from what is happening in international
politics and economics to exchange rates and stock markets. The point is: cast
your net wide and be aware of changes on the international stage.
Environmental
Your
brand is affected by everything your company does, including its environmental
policy. You also need to consider current and likely environmental regulations
when setting and implementing strategy.
Demographic
Demographic
changes have a huge impact on companies and yet they are often poorly
understood. This is a serious oversight. Demographics should inform business
decisions: not only will it affect the availability of workers and pension
obligations, but it will also determine current and future market opportunities.
WEEK 35
THE
DYNAMICS OF PARADIGM CHANGE
Creating better futures
Introducing
changes in an organization is difficult. Changing your entire business model is
even harder - not least because the need for such a fundamental shift often
doesn't occur to us or is full of the fear of uncertainty. Even so, competition
doesn't stand still and companies need to adapt; sometimes the answer may
require a shift in the basic paradigm.
Overview
When
things need to change, people often prefer manageable adjustments because they
are cautious and dislike uncertainty. While some issues can be solved with
smaller improvements, sometimes a larger shift in thinking is needed. Having
the courage and creativity to change a company's fundamental business model radically
isn't easy but may be the only real answer to a problem or even point the way
to a better future. After all, your current situation is ultimately resting on
the paradigm that has got you to this point. So, tweaking this and that further
up the line may help to a degree but may not be tackling the root cause of the
problem: a flawed or outdated business model. You are not likely to make
significant changes to your situation without questioning the basic paradigm of
your company and considering whether it is time to overhaul the entire business
model.
One
of the main hurdles in dealing with a failing or underperforming company is
overcoming people's mental blocks that seriously limit the scope of strategic
thinking. Such strategic inertia is a recipe for long-term decline because,
when a company doesn't keep pace with external developments, its strategy
drifts. It is essential to break out of the business-as-usual mindset and to
open your thinking to possibilities. Competition doesn't stand still and neither
should your business model.
The process of paradigm change
The
following diagram outlines three stages of improving business performance. The
first step involves tightening controls. The second step involves developing
new strategies that are still aligned with the current paradigm. The third step
involves changing the paradigm itself.

Crucially,
this model is designed to improve business performance. It therefore starts
with an existing model or paradigm, translated into a strategy which is then
implemented. The opportunity and impetus to improve the business model becomes
compelling only after the strategy has been implemented and the effects on
performance are assessed. At that point the process of reinvention can gain
pace starting with step 1 - the need for tighter controls - before moving to
steps 2 and 3.
WEEK 36
ANSOFF’S
PRODUCT MATRIX
Getting from A to B
Ansoff’s
Product Matrix provides a useful means of clarifying your thinking through
generating a snapshot of where you are and where you would like to be and
enabling you to identify strategic priorities.
By
helping you to see the gap between the current situation and your goals, the
Product Matrix serves to illuminate your situation, your goals, your thinking
and the route you need to take. Knowing your goal isn't enough: you need to
know what needs to be done to get there. Strategy consists of two elements:
portfolio strategy and competitive strategy. Portfolio strategy sets the goals
for each product and market, while competitive strategy determines how to
achieve those goals.
The grid
The
grid has four areas that point to different options, depending on your current
situation and goals.
|
|
Current
product |
New
product |
|
Current
market |
Market penetration Increase market share |
Product development Develop
new products for existing markets |
|
New
market |
Market development Take existing products into new
markets |
Diversification Develop
entirely new products for new markets |
The
portfolio strategy explores each product and market combination as geographical
growth vectors. These vectors have three aspects - market needs, market
location and product needs (such as required technology). The three-dimensional
nature of Ansoff's grid highlights the many points of intersection of current
and potential products, market locations and market needs. By seeing how these
aspects intersect, it will clarify the strategic options that are open to your
company.
Ansoff's
Product Matrix provides a clear snapshot to help you set and achieve strategic
goals. There are four aspects to using the matrix that are all connected - the
priorities you set in one will inevitably affect the others. The four aspects
are:
1. The geographical growth vector. Know
where you are and where you want to be. Assess your current product and market
combinations and decide what and where you would like those combinations to be
in the future.
2. Competitive advantage. Determine your
core strengths and what gives you a competitive edge. Then identify the
resources and capabilities needed to achieve goals - know what your company
does well and not so well and the skills, resources and technology it will need
to acquire.
3. Synergies. Identify synergies between
activities, cut costs and bolster competitiveness.
4. Flexibility. Ensure that your company
is prepared for the unexpected and is able to respond quickly and effectively
to change. Make sure that one part of the company can incorporate change
without harming other parts.
WEEK 37
RESOURCES
AND THE CRITICAL PATH
The drivers of business performance
'Resources'
is an overused term in business but any factor providing value or benefit, from
whatever origin, is a resource that can be used to benefit the business.
Increasing and strengthening resources over time can be seen as the critical
path to business success.
Managing resources
Assessing
which resources are important involves taking a view across the whole of the
business and identifying those factors, direct or indirect, tangible or
intangible, that can be expanded and used for competitive advantage.
Understanding which resources are most important and how they should be managed
requires a clear understanding of the nature of each resource, in terms of the
following:
·
The
interaction between resources. Resources can combine in a cycle to accelerate
their growth. For example, rising sales volumes may lead to more cash and more
internal capacity, both of which can be used to generate increasing sales,
perhaps by entering new markets, in a self-sustaining cycle. Similarly, product
quality (an intangible resource) may lead to increased sales, and this in turn
can generate sufficient cash to continue improving product quality (and
continue increasing sales). In the same way that resources can interact to
reinforce one another, they can also interact by limiting one another.
·
The
fragility of the resource. Cash, quality, customers, staff, reputation and most
other resources can all disappear with remarkable speed and ease. It is,
therefore, important to control the main factors likely to damage or undermine
resources. For example: cash needs to be monitored and controlled; quality can
be eroded by suppliers; service can be undermined by the attitudes of
personnel; and brand reputation may be damaged by the actions of distributors.
·
The
quality of resources. It is worth considering how the quality of re-sources can
be developed. For example, a customer base is a valuable re-source, but its
quality might be improved by increasing customer loyalty to your brand - for
instance, by using customer loyalty schemes.
How resources affect performance
Resources
have a special characteristic: they fill and drain over time. Since a firm's
performance at any time directly reflects the resources available, it is
essential that we understand how those resources develop over time and how we
can control that process. To build strong business performance, we need to
know:
·
how
many resources are available
·
how
fast these numbers are changing
·
how
strongly these factors are being influenced by things under our control and by
other forces
·
how
resources interrelate with one another.
In a
system where resources are integrated and working together, what matters is not
the uniqueness of individual resources but how they combine and work together
to deliver value for customers. To manage resources and ensure that they drive
performance in the desired direction, start by understanding how resources work
together.
WEEK 38
DEVELOPING
INTANGIBLE RESOURCES
Intangibles:
what they are, why they matter, and what they can do for you
Soft
'intangible' factors can play a crucial role in developing a business's
competitive performance. For example, a charity with strong commitment from its
donors will achieve its goals more easily, and a business with a culture that
encourages coaching, risk-taking, new ideas and avoids blame is more likely to
make improvements and achieve progress.
Unfortunately,
intangibles can be tough to manage. You may easily borrow cash, buy production
capacity or hire staff, but it is slow and difficult to build staff morale, a
strong reputation, support from a charity's donors or to generate new ideas.
Overview
Resources
can typically be classified into two of four categories: either direct or
indirect and tangible or intangible.
·
Direct
resources are those factors such as staff expertise, cash or intellectual
property that can be developed and nurtured by the business. Customers are,
perhaps, the biggest single direct resource. (Viewing customers as a resource
focuses thinking on how to accumulate and retain them.)
·
Indirect
resources are those factors that have a bearing on the quality, strength and
value of resources. For example, effective training and development policies
are an indirect resource, as they build the effectiveness of staff expertise.
·
Tangible
resources are those that can be physically seen, such as cash, inventory, sales
volumes and customers; typically, these have the highest profile within the
organization, as they are the most apparent.
·
Intangible
resources such as service quality, brand reputation or staff expertise are also
vitally important to success.
Of
these, intangible resources can be the hardest to manage (and the easiest to
ignore). Several techniques will help ensure that intangible resources are
working well with the rest of the business:
·
Identify
the most important intangibles. Since your performance relies on concrete
resources, assess whether an intangible factor is likely to influence your
ability to win or lose the resources. It is not advisable to waste time
examining too many factors, as it is more likely that only one or two factors
will have a significant impact.
·
Be
clear which of these factors genuinely 'accumulate' through time and which are
simply current features of the business. 'Quality' and 'service' reflect the
balance between what has to be done and what is available to do it, in which
case they do not accumulate. Reputation, motivation, commitment and
relationships, on the other hand, are built up and drain away over time in
response to events.
·
Assess
intangibles carefully, identif9 the best measure and also the events causing
each intangible to rise or fall. Look for ways to strengthen intangibles.
·
Build
intangible measures into your performance tracking system. Reporting systems
now commonly incorporate soft measures (as distinct from hard data, such as
financial measures) from various parts of the organization, recognizing that
soft measures such as engagement or reputation are crucial to a well-performing
system.
·
If
you don't know, don't ignore the issue. Soft factors are influencing your
organization, continually and powerfully. Remember, if you choose to ignore
them, you are not, in fact, really leaving them out. Instead, you are assuming
that they are satisfactory and unchanging. This is unlikely to remain correct,
so make your best estimate and start tracking and understanding them.
WEEK 39
MARKET
POSITIONING AND VALUE CURVES
Choosing the best position in the
market for your business or product
A
value curve is a way of highlighting customers' needs and preferences. This can
be used to understand a firm's competitive position, as well as potential
trade-offs, opportunities and areas for further development.
Competing
firms emphasize and trade off different things that customers value. For
example:
·
The
UK retailer The Body Shop traded the slick packaging, clinical approach and
glamorous image traditionally favored by the cosmetics industry in return for a
lower price and a more sustainable identity (see diagram).
·
In
the USA South-West Airlines pioneered low-cost aviation by trading the features
of traditional air travel in return for the benefits of cheap, point-to-point
travel.
·
Multiplex
cinemas traded the conventional convenience and centrality of town centre
locations in return for the benefits of space and a different experience for
customers.
·
Home
Depot expanded into out-of-town locations on freeways and employed
ex-contractors as a way of providing a new level of service and value for
customers who did not typically visit home building stores.

The
concept of value curves highlights several points about market positioning:
·
Competing
firms emphasize and trade off different values (e.g. luxury may be traded for a
lower price).
·
Customers
value specific features (e.g. price, packaging) differently at different times.
·
Different
values enable firms to target new, different - and possibly un-fulfilled -
market segments, potentially increasing the size of the market.
·
Initially,
strategic innovators (e.g. South-West Airlines) create new 'market space',
gradually redefining the market.
·
It
can be extremely difficult, if not impossible, for incumbents to successfully
copy new arrivals. This is because internal cultural and resource issues keep
firms anchored in their conventional way of working.
·
When
reviewing a value curve, consider the trend: how are things changing?
WEEK 40
COMPETITIVE
ANALYSIS: PORTER’S FIVE FORCES
How competitive is your company?
Porter's
Five Forces model provides a deeper understanding of a firm's current
competitiveness and highlights options to improve competitiveness.
Michael
Porter outlines five forces for competitive analysis:
1. New entrants
2. Substitute products
3. Buyers
4. Suppliers
5. Existing competitors.
1.
New entrants
Ask
yourself how easy it is for new companies to enter the market. There are many
factors to consider, including barriers to entry (such as patents and high
set-up costs), attractiveness of profit margins and the strength of your brand.
2.
Substitutes
Assess
how easy it is for your products to be substituted by other products. This
includes all alternatives - not just similar products. For example, airlines
compete with train and coach companies, not just other airlines.
3.
Buyers
Review
how strong your buyers are. Is it a buyers' market? Can buyers switch to
competitors easily? Are some of your customers in such a strong position that
this leaves you vulnerable? If your business-to-business buyers are operating
at low profit margins, what impact will this have on your company?
4.
Suppliers
Assess
the strength of your suppliers. Are you dependent on a particular supplier -
and how can this be mitigated? Does the supplier rely on your custom or could
it easily take its operating capacity to other companies or sell directly to
your customers? Could you use alternative products or methods to reduce your
vulnerability?
5.
Existing competitors
Understand
your competitors and how you compare to them.
·
What
threat do they pose?
·
What
are their strengths and weaknesses?
·
Could
there be a price war or other aggressive strategies - and would you be able to
survive such tactics?
·
Are
they innovative?
·
Are
customers able to move to other companies easily?
·
Now
many competitors are there?
·
Which
companies are the strongest?
·
Are
there any newcomers ready to take the market by storm or render your products
redundant?
Assessing
competitiveness through all five forces will help you to determine how the
company is performing, its strengths and weaknesses and the direction it is
heading in. Because a weakness of Porter's approach is the focus on external
issues, it is often used alongside complementary models that are better at
revealing the internal issues that impact on a company's competitiveness.
WEEK 41
INNOVATION
HOTSPOTS
How to build a culture of innovation
Developed
by Professor Lynda Gratton, Innovation Hotspots occur where conditions are
right and there is encouragement - they cannot be formally imposed.
Encouragement is needed in four areas, which are:
1. a co-operative mindset
2. boundary spanning
3. developing a sense of purpose
4. productive capacity.
1.
A co-operative mindset
A
co-operative mindset results from a company's practices, processes, behaviours
and norms - the behaviour of top management is significant. People have to want
to share both explicit and tacit knowledge. Several elements are vital:
·
Consider
relationships when selecting staff.
·
Emphasize
relationships in inductions.
·
Provide
mentoring.
·
Emphasize
collective rewards over individual ones.
·
Establish
structures that facilitate peer-to-peer working.
·
Develop
social responsibility.
2.
Boundary spanning
This
involves thinking beyond your immediate boundaries - seeing the larger picture.
This involves:
·
being
undeterred by physical distance
·
welcoming
a diverse range of ideas, insights, experience and people
·
being
willing and able to explore issues together
·
networking
and building bridges for others to cross
·
using
different levels of co-operation (e.g. use strong ties where developing trust
quickly is important; use weak ties to generate a lot of ideas)
·
listening
and reflecting in conversations rather than just pushing a point of view.
3.
Developing a sense of purpose
Pose challenging (or 'igniting')
questions. These don't have a 'right' answer; they invite exploration of
options. They inspire and engage people and lead to a new vision that provides
purpose and energy.
4.
Productive capacity
Ensuring
that a hotspot realizes its full potential relies on building productive
capacity by:
·
understanding
and appreciating the talents of others
·
obtaining
practical, public and explicit commitment from participants
·
harnessing
the creative energy which results from problem-solving and decision-making
·
synchronizing
time, especially where different time zones have to be accommodated or where there
are different attitudes to time
·
ensuring
that pressure is neither too high, where people burn out, or too low, where
they lose interest.
Innovation
relies on teamwork, agility and the ability to lead change. Crucially, it is
about mindset: you need to think like an innovator and you need to encourage
this in others. Innovation isn't only about products - it's about understanding
customers and building a brand, improving efficiency, reducing costs, improving
the quality and quantity of people's work and removing constraints.
WEEK 42
DEEP DIVE
PROTOTYPING
Developing creative, practical
solutions
Developed
and popularized by the consultancy firm IDEO, Deep Dive Prototyping is a
focused, team-based approach to generating solutions to a particular problem or
challenge. It is a useful way of stimulating creative thinking and to capture
and fine-tune ideas.
The process
A
deep dive combines brainstorming and prototyping (building and exploring a
potential solution) to devise actions that will help move a business forward.
There is no time limit, and the main stages are:
·
Build
a team that has a mix of strengths and approaches.
·
Define
the design challenge - to do this, understand your market, customers,
technology and constraints and use this information to develop key themes.
·
Visit
experts, and gather information on markets, customers - and ideas generally.
·
Share
ideas.
·
Brainstorm
and vote - this involves intensive brainstorming and discussion to imagine new
concepts and ideas based around the main themes.
·
Develop
a fast prototype.
·
Test
and refine the prototype, streamlining ideas to improve the proto-type and to
overcome obstacles - at this stage, evaluate and prioritize ideas and decide
how they can be implemented.
·
Focus
on the prototype and produce a final solution.
·
Give
credit to those involved - this promotes motivation and encourages continued
innovative thinking.
WEEK 43
DEVELOPING
CREATIVE THINKING
Making creativity the norm
Edward
de Bono sees creativity as a learnable skill, one that is best harnessed
through formal techniques. He proposes that parallel thinking is a more useful
and effective means of putting creative talent to work.
Formal
creativity works because it works with the way everyone's brains work: both
consciously and subconsciously, we automatically filter, categorize, process
and organize information. Building on this, de Bono argues that parallel
thinking is more effective for generating the results that make a difference to
companies. (Parallel thinking is when each individual puts forward their own
thoughts in parallel with those of others. In this way, each individual is able
to complement, enrich and build on one another's thinking, rather than
competing or attacking the thoughts of others.)
The
reason why this is more important than ever is because what companies
previously relied on for competitive advantage - competence, information and
technology - are now easy-to-obtain commodities. These are all buyable
commodities, enabling your competitors to rapidly erode any advantage you may
have had. Today, what matters is creating value from these commodities.
Understanding creativity
Creativity
solves problems, challenges existing methods, and provides a better and
constantly improving way forward. Given the reward, companies need to know how
best to harness creativity in a way that is useful. A major flaw in traditional
brainstorming is that it assumes that, if you give people the freedom to
express themselves, they will magically become creative. This is not the case.
For organizations, useful creativity needs to be a formal activity that
requires thinking that provokes and challenges a current situation and then
searches for answers.
Provoke, challenge and search for
solutions
Given
the brain's natural inclination to organize information and think laterally, we
can tackle issues by simply taking a random starting point. Our brains will
automatically process information, make connections and point us in new
directions. Allowing such randomness in selecting a starting point is
important. It suggests new possibilities and takes thinking along new paths.
Significantly, it is likely that our brains have already processed information
and are subconsciously suggesting such opening gambits because they could be
highly relevant. This serves to break us out of the current doldrums and set us
on a new course.
Next,
our new thinking needs to move forward: to challenge the information it is
processing. Just because something has always been done a certain way does not
mean it is carved in stone: methods can always be improved upon. Constantly
questioning and challenging is a mindset that is a huge source of competitive
advantage precisely because it is the way that companies create value from
their resources. An important point to remember is that even when something
seems to be working and is successful it doesn't mean it is the best that it
can be. Once thinking challenges the norm, we will automatically explore
alternative and potentially better solutions.
Creating
a culture of creativity in a world where competence, knowledge and technology
are no longer enough is now the true source of success.
WEEK 44
THE
DISCOVERY CYCLE (ORCA)
Evaluating innovations
Discovery
- making things known or visible - is a vital precursor for innovation. The
Discovery Cycle is a way of choosing new ideas that are profitable and
scalable.
The
Discovery Cycle has four stages, summarized in the acronym ORCA:
1. Observation. Understand how the world
is changing - for example, by looking for anomalies, paradoxes, peripheral
developments and direct experience.
2. Reflection. Techniques that work best
at this stage include zooming in and out, using a muse, suspending judgement,
slowing down, reflecting on what's missing, restructuring data to simplify
patterns, juxtaposing pieces of different information (bisociation) and taking
time to rest.
3. Conversation. People set the pace and
scope for innovation, so the best techniques to use at this stage include
contrasting views, setting the agenda, framing the issues and generating
hypotheses.
4. Analysis. The final stage of the
Discovery Cycle involves gathering systematic evidence, classifying and
categorizing data, naming, completing data analysis and hypothesizing.
Lessons from great innovators
What
lessons do innovators have for us? Several come to mind:
·
Build
on the ideas of others / collaborate. That should be easy for scientists who
are, in the words of Isaac Newton, 'standing on the shoulders of giants
·
Take
an unorthodox, distinctive approach.
·
Embrace
diversity.
·
Create
a diverse, open and creative culture.
·
Develop
empathy for the consumer or customer (understand people).
·
Execute
and practically take action.
·
Be
confident and bold.
·
Find
your motivation; enjoy your work.
This
list also highlights three other vital points:
1. Innovation relies on teamwork, agility
and the ability to lead change, the other elements of this programme.
2. Innovation is about mindset: you need
to think like an innovator and you need to encourage that in others.
3. Innovation isn't only about products:
it is about improving efficiency, reducing costs, improving the quality and
quantity of people's work, removing constraints - and that's just internally;
it also means serving and understanding customers, building a brand - and more.
WEEK 45
THE FORTUNE
AT THE BOTTOM OF THE PYRAMID (BOP)
Developing the innovator's mindset
If a
company goes to the bottom of the wealth pyramid and builds affordable
products, creates awareness and provides access, then the market is phenomenal.
The
late Professor C.K. Prahalad argued that there is a 'poverty penalty' where the
poorest people pay more for everything because they don't have a choice: they
are stuck with local monopolies and bad products and services.
Research
recently highlighted by the World Resources Institute shows that the world's
four billion poorest people represent a US$5 trillion market opportunity. There
are several other issues at the bottom of the pyramid: e
·
Pricing
is vital. At the BOP, you need to start with an affordable price, understanding
that price minus profit equals the acceptable level of cost. This different way
of thinking leads to a new range of exciting options.
·
Innovation
is essential. This can be accelerated and improved by focusing on BOP markets because
minor, incremental changes won't be enough: the market requires a fundamental
rethink.
·
Businesses
need to substitute investment for collaboration. Management time is needed to
increase collaboration - and it is cheaper than simply in-vesting cash.
Companies
that ignore growth markets will be left behind - and will have five years, at
best, before businesses from growth markets start competing with them.
Developing the innovator's mindset
Where
can you improve your approach to innovation? Ask yourself the following
questions and mark yourself out of 10 for each attribute: this will help
highlight areas for improvement.
|
When
innovating, how effectively do you: ·
engage as many people as possible ...? ·
... and build an open, diverse and positive team? ·
define the specific challenge or issue? ·
challenge assumptions: yours and other people's? ·
confront challenges and problems? ·
understand that good ideas can come from anywhere? ·
follow through - by being practical and realistic, and
planning implementation? ·
focus on the benefits as well as the potential pitfalls? ·
question? Questioning is a great way both to provide
support (e.g. what help do you need?) and challenge (how can we do this
faster/cheaper?) ·
give praise and credit: build momentum (revolutions fail,
flywheels succeed)? ·
be open, build relationships? ·
remove constraints, tirelessly? ·
remember the essentials of leading change? (See Number
35.) ·
balance intuition and analysis? ·
build collaboration and teamwork? (Think of the 5Ms:
meaning, mindset, measurement, mobilizing, mechanisms for renewal.) ·
avoid the pitfalls of decision-making? ZSee the
description of inhibitors below which ones are your greatest vulnerability?) ·
consciously develop your skills? ·
design matters? (This affects how people feel about
something: whether it's credible, engaging, worthwhile.) |
The
inhibitors of creative thinking are shown in this table.
|
Personal
blocks |
Problem-solving
blocks |
Contextual
blocks |
|
Lack
of self- confidence |
Solution
fixedness |
Scientific
reasoning provides a panacea |
|
A
tendency to conform |
Premature
judgement |
Resistance
to new ideas |
|
A
need for the Familiar |
Use
of poor approaches |
Isolation
|
|
Emotional
'numbness' |
Lack
of disciplined effort |
Negativity
towards creative thinking |
|
Saturation
|
Experts
|
Excessive
enthusiasm |
|
Poor
language skills |
Autocratic
decision- making |
Lack
of imaginative control |
|
Rigidity
|
Overemphasis
on competition or co-operation |
Lack
of smart goals, clear vision or timescale |
WEEK 46
THE SIX
THINKING HATS
If you want to get ahead, get a hat
Created
by Edward de Bono, the Six Thinking Hats technique details the different styles
of thinking that we use when making decisions.
Overview
People
tend to have a preferred thinking style which, no matter how useful, can
overlook solutions to problems that would only be revealed through other ways
of thinking. The Six Thinking Hats method gives us the flexibility either to
use the style that is appropriate to a situation or the ability to gain a
fuller picture by applying more than one thinking style to a problem.
Each
thinking hat represents a different way of thinking. By seeing situations from
these different perspectives, you are more likely to make and implement the
right decision. For example, seeing a strategy only from a logical and rational
perspective may result in a failure to see a better solution or potential
obstacles to implementation that creative and sensitive thinking could reveal.
The Six Thinking Hats
·
White
hat. This approach focuses on available data. It involves looking at the
information you have to see what you can learn from it — identifying gaps in
your knowledge and, by analysing past trends and data, trying either to fill
them or take account of them.
·
Red
Hat. This style looks at problems using intuition, gut reaction and emotion.
Try to think how other people will react emotionally and try to understand the
responses of people who don't know, or may not share, your reasoning.
·
Black
Hat. This looks at all the bad points of an issue, looking for why it won't
work. It highlights the weak points in a plan, enabling you to eliminate or
change them or to prepare contingency plans — helping to make plans more
resilient. A key strength of this approach is that problems can be anticipated
and countered.
·
Yellow
Hat. This style involves positive thinking and optimism, helping you to see the
benefits of a decision. Another advantage is that it enables you to keep going
during difficult situations.
·
Green
Hat. This involves developing creative solutions. Thinking is free-wheeling,
and there is little criticism of ideas.
·
Blue
Hat. This emphasizes control of processes and is common among those chairing
meetings. When ideas are running dry, it is useful to combine this approach
with Green Hat thinking, as its creative approach will stimulate fresh ideas.
WEEK 47
INNOVATION
CULTURE
Peter Drucker's seven steps for
developing a creative culture
Innovation
is a company-wide activity. Creative, profitable ideas are needed to succeed,
and history has shown us that great ideas come from many different people.
Instead of relying on ad hoc suggestions or the skills of a few talented
individuals, companies need to create an innovative culture.
Where does innovation come from?
While
some people are known for their innovative thinking, successful and profitable
ideas can come from anyone. To tap into this potential, what is needed is a
culture that empowers people to question and think critically and creatively
and then to share their ideas with others.
Innovation
is not a rarefied activity or the domain of specialists. Neither is it solely
about making huge leaps in thinking - smaller, incremental improvements are
also significant sources of advantage. Innovation is not necessarily about
large RECD budgets - important new ideas come from anywhere, at any time. It is
a company-wide activity, reaching every aspect of running a business - from
products and services to operations, decision-making and training. They are all
sources of competitive advantage, and having an innovative culture will lead to
continual improvements.
Creating an innovative organization
What
distinguishes an innovative company from the rest is its dedication to
creativity. Having the right culture and processes will lead to creative thinking,
a challenging mindset and innovation. Innovative companies develop a creative
culture where people challenge, innovate and look for opportunities. They adapt
structures and procedures to enable innovation to flourish. Also, they often
link with external experts to add to internal, innovative resources,
Peter
Drucker outlines seven steps that promote innovation in a company:
1. Analyse the reasons for unexpected
successes.
2. Examine why events were different from
anticipated results.
3. Challenge the status quo by examining
why underperformance has become an accepted state.
4. Determine how to take advantage of
market changes.
5. Be aware of broader developments in
society, to identify potential opportunities.
6. Consider the impact of changes in the
economy and recognize the business opportunities they may offer.
7. Think about how new information, ideas
and technology affect customers.
Innovative
organizations also have a general environment and culture that values and
fosters innovation. Research by the Talent Foundation identified five catalysts
for successful innovation:
1. Consciousness. Each person knows the
goals of the organization and believes that they can play a part in achieving
them.
2. Multiplicity. Teams and groups contain
a wide and creative mix of skills, experiences, backgrounds and ideas.
3. Connectivity. Relationships are strong
and trusting and are actively encouraged and supported within and across teams
and functions.
4. Accessibility. Doors and minds are
open; everyone in the organization has access to resources, time and
decision-makers.
5. Consistency. Commitment to innovation
runs throughout the organization and is built into processes and leadership
style.
If
you are building an innovation culture in your business or team, it can help to
ask yourself which of these catalysts you can improve. How will you do this?
WEEK 48
DISNEY’S
CREATIVITY STRATEGY
When you need more than just the bare
necessities
We
all have a preferred thinking style - some of us are dreamers, while others are
realists or critics. This can prevent us seeing an issue from other angles.
Walt Disney's method uses all three of these thinking styles to help view a
situation from different perspectives and find the best way forward.
Problem
solving, decision-making and planning suffer when we have too narrow a focus,
yet it can be difficult to change how we naturally approach issues. Using
Disney's three styles together will improve your decision-making.
·
The
Dreamer, who is a dreamer, is focused on potential and possibilities.
·
The
Realist focuses on practical aspects and implementation.
·
The
Critic questions and challenges plans and assumptions, and notices potential
problems or flaws.
Using the Disney method
1. Select an issue you want to address but
put it to one side while you get into the right frame of mind.
2. Go to three different places to think
about the issue from each perspective (you will associate each environment with
that approach). These can be entirely different places or simply different
parts of one room.
3. For each way of thinking (starting with
dreamer, moving to realistic and then to critic), first remember a time when
you were either creative, realistic or critical. This will help you access that
style and apply it to the current situation.
4. In each frame of mind, address the
issue at hand solely from that perspective. This will let you get the most out
of each perspective, revealing more options and ideas.
·
In
the dreamer space, let your ideas flow freely.
·
In
the realist space, think about how the ideas you have created can be
implemented. How can they be achieved? What needs to happen?
·
In
the critic space, question and challenge your ideas and plan. Identify
strengths and weaknesses; look for flaws; look for gaps or potential problems.
Determine what needs to be done better.
5. Once you have completed these four
stages, go back to the beginning and re-evaluate your original dream and plan
through each thinking stage in turn. You can repeat this process until you feel
the plan works well from each perspective.
Types of questions to ask at each stage
|
Dreamer |
Realist |
|
· Why am I doing this? |
· How can I make that happen? |
|
· Can it be done better? |
· Who else do I need to make it work? |
|
· What would I like to happen? |
· What needs to happen - and when? |
|
· Wouldn't it be great if…..? |
· What resources do I need? |
|
· What reward or result would I like? |
· How much will it cost? |
|
Critic |
|
|
Does
the idea really have potential? |
|
|
Is
the objective achievable? |
|
|
Are
there any barriers or resource issues? |
|
|
Does
the plan work? Consider issues such as timing, cost or market potential. |
|
|
How
can the plan be improved - are there gaps or are some things unnecessary? |
|
WEEK 49
THE MATE
MODEL FOR STRATEGIC SELLING
Achieving your sales objectives
Segmenting
and managing your contacts within a client organization in terms of their
support for your sales objectives is a highly effective way of developing
client relationships and selling.
Four steps
·
Step
1: define your unique sales objective.
·
Be
clear about what you are selling and when, and the value it brings. What makes
it an attractive proposition? What is its value for the organization or client?
This sounds simple but it can be muddled or overlooked, with disastrous
consequences.
·
Step
2: identify all the players using the MATE model.
·
MATE
highlights the need to focus on Money, Allies, Technical experts and End users.
Identify each contact (including those you don't know), recording their job
title and name.
|
Money
They have the ultimate veto on sales |
Allies
They provide useful information, can
guide you and influence others to support your objective |
|
Technical experts/assessors
They filter out information, can be
gatekeepers, can influence ‘Money’ |
End users
They use, manage or work with your
products |
§ Money. The budget holder has authority
over the decision to spend. They tend to focus on the bottom line and have the
power of veto. They will ask: 'What impact will this have and what return will
we get?'
§ Allies /Advocates. These can help guide
you during the sales process. They provide valuable information, can lead you
to the right people and may be influential. Allies are both inside and outside
the organization.
§ Technical experts. They are gatekeepers
who evaluate technical aspects of the proposal. They do not have final approval
but offer recommendations to the decision-maker. They can say 'no' on account
of technical issues. They ask whether the product or service matches their
specifications.
§ End users. They judge the impact of
your proposal on their job performance. They will implement or work with your
solution, so their success is linked to your product and they will want to
influence the decision to buy. They ask: Will it work for me or my department?
·
Step
3: consider each individual's level of support.
·
Having
placed each individual on the MATE model, assess their level of support for
your sales objective as high, medium or low.
·
Step
4: consider each individual's level of influence.
·
Assess
each individual's influence within their organization — high, medium or low.
Check for warning signs
Ensure
that there are no threats to the sale by asking yourself the following:
§ Have I at least one person for each
area?
§ Am I free from concerns about their
influence?
§ Have I made personal contact with them?
§ Do I know their response modes and what
they are looking for?
Identify your tactics to further the
sale and eliminate warning signs
Throughout,
be honest and prepared to challenge and develop your thinking. With the
information you have gathered, contact the key people, establish rapport and
understand their needs.
WEEK 50
THE TEN CS
OF SELLING ONLINE
Building a successful business online
Centered
round meeting customers' needs, the Ten Cs are the key drivers of selling and
succeeding with business online. Which factors are most significant for your
company will vary over time, depending on the situation - such as its stage of
development, competitive position, type of market or brand strength.
1.
Content
Content
sets the tone and should drive your brand. It should be clear, compelling,
engaging, entertaining, informative, visually appealing and tailored to the
target audience. Enable customers to access information quickly and easily and
to control the flow of information.
2.
Communication
Communication
is more than providing information. It is about listening, building trust and
having a one-to-one relationship with customers. Understand what interests and
motivates customers, give them the opportunity to interact, act on feedback and
use clickstream data to monitor behaviour.
3.
Customer care
Customers
need to trust you - to have confidence in purchases and to know that personal
data is secure and that after-sales support is available. Provide various
payment methods, enable customers to track orders and respond quickly to questions.
Positive experiences enable up-selling, cross-selling, repeat business and
personal recommendations.
4.
Community and culture
People
look to the Internet to network and socialize. Provide expert information,
allow people to react, ensure that information is accessible, clear and
entertaining, and enable customers to meet and interact.
5.
Convenience
Customers
have high expectations, so assess each feature from your customers' viewpoint.
Online experiences need to be smooth, effective, quick, easy and convenient.
Ensure that navigation is clear and intuitive.
6.
Connectivity
Make
the site compelling and 'sticky' - so that customers stay longer, return often
and recommend it. Ensure that customers value it by providing high-quality
content and incentives to return. Enable customers to visit other sites that
provide complementary information - such as skiing companies linking to weather
channels.
7.
Cost and profitability
Your
online strategy - objectives, priorities and benefits - needs to be clearly
understood and planned. Focus on cost control and profit maximization to ensure
that the site is profitable.
8.
Customization
Plan
customization from the outset rather than grafting it on later. Ensure that
products meet customer's requirements through dialogue. Make sure that
customers know what they can and cannot choose. Develop and refine
customization to maintain competitiveness.
9.
Capability
To
improve capabilities, encourage your people to see the Internet as a tool for
meeting customer needs. Set, implement measure and monitor objectives. Ask
customers what they want and what they think of your plans.
10. Competitiveness
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