Is your success good enough to last?

4 months ago 0 0 139

Summary: Being successful does not guarantee future success. Human biases impact how we research business success Success can breed ‘expectation’, rather than encouraging staying attuned to your customer Change happens, how are you going to adapt to stay relevant, valuable and fit to serve your customers at their new normal? Research in the 20th century focused on what makes a successful company ‘great’?  Business luminaries like Tom Peters and Jim Collins became ‘gurus’ of the business world by applying research to this exact question. The belief was that the things that make a great company can be distilled from examples of companies that have been successful. This led to a range of ‘business principles’ (like the hedgehog concept from Jim Collins) that became the fads of the late twentieth century management ethos. Years after the initial publications of these works, there was almost a sense of ‘glee’ from parts of

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Deciding to be a better decision maker

5 months ago 0 0 204

  Summary: Make better decisions by understanding them. What makes a good decision?  When is effortful decision making warranted? Know the problems in decision making that emerge from assumptions and predictions When you have an important or novel decision to make, employ these simple tips to make better decisions.   Are you struggling to make a good decision? Do you have trouble committing to a decision, or selecting from a range of options? You are not alone – Decision making is something we do in every context of our lives, with the potential for life-changing outcomes. Yet what do we really know about how and why we make decisions, and how can we make them more efficiently and effectively? What are the features of a high-quality decision? A decision is about making a choice following some consideration – that is, evaluating and choosing what to do then acting accordingly. Any

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Frictionless business.

2 years ago 0 0 569

Friction is a force that acts against forward movement. It creates noise, it creates heat, it transforms the kinetic energy of forward motion into something else. Friction is something that takes energy and effort to overcome, and when an object is at rest, can add to the inertia to make it harder to get things moving. It seems like this is just physics, but it is also the underlying problem of so many businesses. Without even realising it they are adding friction to their business processes and slowing down performance. Friction that is converting positive energy into unwanted byproducts, and requiring massive amounts of additional effort to be put in by customers and staff to overcome the inertia that this friction generates. Simply put, a customer experiences ‘friction’ every time the process of doing business with you is slowed or impeded by your rules, habits or inefficiencies. Or a staff

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‘Trance formation’ for brilliant transformation

6 years ago 0 0 1286

When we talk about change, we seek transformation to something better. What if, to borrow from the world of hypnosis, that the transformation was really a ‘trance’ formation? How can understanding the concepts of trance help us to lead change? What has hypnosis got to do with it? Hypnosis is characterised by the ‘state’ of trance that people experience. Often it is misunderstood, as a state of ‘mind control’ where the hypnotist exerts some special power over the person entering trance. This concept has been completely debunked over the last thirty years, with over 4000 clinical papers into understanding hypnosis and trance. Even more recently, with the availability of new brain imaging modalities, we are learning to understand trance in a whole new way. What has been discovered is that trance is simply a state of personal absorption. This means that parts of our experience are in focus and more

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