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Leadership in organization and in ALL things is EVERYBODY’S BUSINESS! Profitable Growth Want to know what they are? Keep reading and we’ll provide you with all ten. Charan coins the phrase “ideation”, meaning the flow of ideas in your organization that can be converted into growth mechanisms for maximum results without having to invest huge amounts of resources. Unfortunately, too often these ideas go to waste and never even surface because the workforce doesn’t believe for a second that management is even interested is his or her ideas. If the leader is all talk and seldom follows up on the results of the team-produced growth ideas, he’ll quickly lose the hearts and minds of his workforce. Charan is creative and insightful as he presents and fully explains these Ten Tools you Can Use Monday Morning:
- Bob Whitman, Chairman and CEO, Franklin Covey Profitable Growth Upstream marketing is the ability to create or pinpoint the exact needs of key customer segments and to satisfy those needs for increased profitability. Since most businesses do not focus on upstream marketing, this provides you with one additional way to gain a real advantage over your main competitors. Typically they are only thinking of downstream marketing such as branding, sales promotion and advertising; timely delivery of goods and quality customer service. While all of the above marketing activities are important, they represent the proverbial “cart before the horse”. Before you tackle these more traditional activities, you are better off to first do what’s necessary to know you are trying to convince, understand who your customer is and what might persuade them to give you an opportunity to earn their trust. Profitable Growth Keep in mind that Charan makes the argument that you do NOT need to allocate a ton of additional money and resources in order to experience increased profitable growth. There is true leadership in organization of ideas and allocation of resources. In order to keep the revenue growth engine running, however, you must have a daily discipline for the creation and capturing of new ideas. - Richard Carrion, President, Banco Popular, San Juan, Puerto Rico Ram Charan is the co-author of Execution: The Discipline of Getting Things Done, the international bestseller that has changed the way managers run their companies. He is a highly sought-after advisor to CEOs and senior executives in companies ranging from start-ups to the Fortune 500. Dr. Charan earned his doctorate at Harvard Business School and has been on the faculty of that school as well as the Kellogg School of Management at Northwestern University. His articles have been published in Fortune magazine and Harvard Business Review, and his other books include What the CEO Wants You to Know, Boards At Work, and The Leadership Pipeline. For more information for improved leadership in organization, visit www.ram-charan.com.
More Leadership Book Reviews: » Revved! » Creating Competitive Advantage » No Opportunity Wasted
Leadership Tools & Resources Do you have an inspiring idea for leadership in organization? Have your read a good book that has helped you to create or maintain your competitive advantage? Share your own helpful hints and tips here.
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