Yes, folks, chronic inconsistency is a disease like chronic high cholesterol. Unfortunately too many of us are afflicted. It goes by different names; perhaps you have heard of it as the “flavor of the week” or the “new shiny object”. Regardless what we call it, it has deadly consequences. Chronic inconsistency occurs when there is [...]
The headlines are filled with the virtues of innovative leadership. In times of rapid change, the mantra may be “innovate or die”. We applaud the big idea, just like the “big play” in sports. Headlines are captured by dunks and home runs. While they captivate our attention and energize the game they don’t guarantee wins. [...]
Lately I have been studying masters. We have all heard of the Masters Golf Tournament, and when you google the word masters, stories about Charles Schwartsel, the latest golfer to put on the green jacket, pop up. Or how about the masters of art or music, Beethoven or Picasso? Webster’s says a master is a noun and an adjective. A master [...]
Basketball is known for the double-double, even the triple-double—scoring double digit points while achieving double digit assists or rebounds. Not an easy feat and it takes a well rounded player. Well, from here on out, I want to encourage YOU to achieve a double-double in business. Double revenue in half the time. Impossible you say? [...]
When we talk about companies we admire, most of them have good strategies. Their strategies have worked for years, as they are focused, clear, and consistent. What changes is how they deliver on them. Southwest Airlines: The Low Fare–yes, today their ticket prices may be higher in some markets but don’t forget to throw in [...]
Most of us work for established businesses. Over 50% of active businesses today have been around over 10 years. Good leaders are constantly asking how do we have to improve what we do to yield better and better performance. That is called operational enhancement and it requires innovation–large and small. There are some businesses however, that [...]
The old adage “you get what you measure” has been proven time and again. The issue is, do you understand the implications of what you measure. Over the weekend, I attended a baseball series between Vanderbilt and Georgia, played in Athens. It was a great series between two well respected teams. It was also a [...]
The post below is from Seth Godin. He made my point exactly! Check out http://reynolds-consulting.com/wake-up-stand-up-rise-above/. Our markets are forever changed and our businesses and attitudes must keep up (if not anticipate/innovate) If my blog doesn’t convince you perhaps Seth’s will. Please share your thoughts about the evolving world we live in. New polling out this [...]
Do you feel overwhelmed by the number of business books you would like to read and can’t find the time for? Reynolds Consulting, LLC recommends you substitute articles and magazines for books. Most business books are launched with support from blogs, and published articles. Often you can glean just as much from them in much [...]
In the January-February 2011 Harvard Business Review, the article, Reinvent your Business Before It’s Too Late, claims that “things often look rosiest just before a company heads into decline.” When we think of the standard bell curve of a business cycle, we understand that revenue and profit is often maximized as the company edges closer [...]