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If you don’t believe cash is king take a look at some of the companies who have the largest cash reserves. Topping the list is Cisco with almost $40 billion in cash. Microsoft has nearly $37 billion, Pfizer $27 Billion, and Apple stands at $25.6 Billion.
Topics: Sales Process, collective intelligence, Mastering the Rockefeller Habits, Cash Conversion Cycle, Cash
In these blogs we emphasize the importance of Four Decisions and Three Disciplines, the later a Positioning Systems foundation principle for Strategic Discipline.
Topics: Strategic Discipline, 4-3-2-1 formula for business growth, Mastering the Rockefeller Habits, Four Decisions
Almost two years ago I sat in a hospital room with my wife, my oldest son, and Dr Zenk. Dr. Zenk gave me the news that I had Acute Myeloid Leukemia. He was as direct as he could possibly be. He explained that I would need chemotherapy treatment and if successful a bone marrow transplant. He noted that typically patients who undergo this type of treatment are out of work a year or more. He didn’t need to explain that treatment would be expensive. The thought of being out of work for a year, as the sole wage earner for my family, set me back. How would my family survive? How would I feel knowing the impossible challenge I’d just put my family in? I was devastated! I cannot recall ever feeling so low.
Topics: Acute Myeloid Luekemia, employee engagement, employee performance, Core Purpose, Bone Marrow Transplant, The Power of Full Engagement, Michelle Wick
According to the Power of Full Engagement two behaviors dramatically increase the likelihood of successfully locking in new rituals in the typical thirty to sixty day acquisition time period. They call these behaviors Basic Training and they are very similar to the process we ask our Gazelles Clients to follow for developing Strategic Discipline.
Topics: Strategic Discipline, employee performance, meeting rhythms, time management, The Power of Full Engagement
Think of something as simple as brushing your teeth. It is not something that you ordinarily have to remind yourself to do, is it?
Topics: employee performance, precision and specificity, The Power of Full Engagement, Strategic Statement of Values
Let's start by reinforcing an important principle: Will and discipline are far more limited and precious resources than we realize. They must be called upon very selectively.
Topics: employee performance, Execution, The Power of Full Engagement, human behavior performance, Discretionary Effort
Life can be filled with paradoxes. Many times what we find to be challenging, difficult or extremely stressful can provide us with exactly the understanding and training we need in the future.
Topics: employee performance, time management, The Power of Full Engagement
Overuse. In the Power of Full Engagement the authors use an example of a sprinter versus a long distance runner. The picture here suggests the contrast of someone who is constantly overusing their energy resources versus the person who recovers after short sprints. Underuse could dramatically show someone who is obese, fails to exercise at all. Yet the important thing to recognize is the critical balance we must make in using our energy and not using it.
Topics: 10Xers, employee performance, time management, performance, Balance, The Power of Full Engagement, stress, Stengel 50
Topics: priorities, time management, performance, precision and specificity
This past week I had the opportunity to speak at length with a prospect that is a big fan of Jim Collins, Good to Great. His business has been growing, doubling revenues in the past 24 months. He’s been responsible for several innovations which have resulted in patents for his company. He’s very aware of the momentum of the flywheel and feels his business is at the point that it’s generating that type of thrust.
Topics: Good to Great, monthly meetings, Jim Collins, Build up to Breakthrough Flywheel
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Doug Wick, President
Positioning Systems
The Strategic Discipline Blog focuses on midsize business owners with a ravenous appetite to improve his or her leadership skills and business results.
Our 3 disciplines include:
- Priorities
- Metrics
- Meeting Rhythms
