Terry's Blog | Daily strategies, insights and inspiration to help you achieve your potential

#SuccessFactors

Key to success?  Consistency of effort over the long run.      

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#Innovation

Innovation has been a top priority and a top frustration for leaders.  In a recent McKinsey poll, 84% of global executives reported that innovation was extremely important to their growth strategies, but a staggering 94% were dissatisfied with their organization's innovation.  How does your organization compare? 

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#BigData

What matters is not the quantity of data a firm can amass but its ability to connect the dots and extract value from the information.  This capability differentiates successful organizations for less successful ones.

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#CustomerValue

What do your customer's value most from your business?  Is it price, product selection, service, convenience, service offerings, etc.?  What is it?  You can't deliver what you don't know, and delivering the wrong thing is costly.

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#HumanCapital

Human capital is the major driver of value, not products and services; products and services are the output of human capital.

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#LessonsLearned

When something doesn't go as planned, it's an opportunity to challenge your assumptions and beliefs and adjust accordingly.  Spell out what the situation or project has taught you about: customers and market dynamics; your organization's strategy, culture, and processes; yourself and your team; and future trends.

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#Culture Signals

Employees watch who gets promoted.  Promotions signal the kind of behavior that is valued at an organization.  What kind of signals is your organization sending?

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#HowWeSee

"We don't see things as they are...we see things as we are."  -Anais Nin

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#LeadershipDevelopment

High-performing organizations are more likely to have leadership development programs for Millennials than low-performing organizations.

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#LeadershipTraits

Integrity should be at the top of every list of most important leadership traits.  Integrity is followed closely by transparency, the ability to inspire, be adaptable, influence others, and lead through periods of change and ambiguity.

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