nordic business forum 2015 notes
TRANSCRIPT
The 5 levels of leadership
• People follow because of who you are and whatyou represent.5. Pinnacle
• People follow because of what you havedonefor them personally.
4. Person development
• People follow because of what you havedonefor the organization.3. Production
• People follow because they want to.2. Permission
• People follow because they have to.1. Position
How to equip your people
• Train only if you know it wellI do it
• Show exampleYou watchme do it
• Let him/her try itI watch you do it
• Let him/her do itYou do it
• Let him/her equip the next personYou train
Law of the lid
Leadership ability is the lid that determines a person’s level of effectiveness. à The lower an individual’s ability to lead, the lowerthe lid on his potential. The higher the individual’sability to lead, the higher the lid on his potential.
Your leadership ability—for better or for worse—always determines your effectiveness and thepotential impact of your organization.
3 + 3 questions
3 questions every leadermust ask
1. Am I investing in me?
2. Am I investing in the right people?
3. Am I genuinelyinterested in otherpeople?
3 questions people want to ask from leader
1. Do you like me?2. Can you help me?3. Can I trust you?
Social Era Shifts
Talent: Inherent vs. Credentials
Purpose: Meaning vs. Money
Culture: Relational vs. Routines
Relationships run life in digital age like efficiency in industrial age.
How to get most of out of yourpeople• Purpose brings out the best people and best in people. What is the purpose of you organization?• As a leader you invite everyone to play with others.• Have all the right people in the bus, but don’t tellthem to sit down and shut up. Otherwise things willdrop between the roles.
10 steps to art of disruption
1. Make meaning – Don’t hunt for money2. Make mantra –Why should you exist3. Jump to the next curve –What’s next?4. Roll the dice –Make perfect products5. Don’t worry, be crappy – It doesn’t have to be perfect6. Let 100 flowers blossom – Be ready for ”wrong” customers7. Polarize people – Accept some people will hate you8. Churn, baby, churn – Evolve disruption9. Niche thyself – Selling unique solution with a value is easy10. Perfect your pitch –Make difference and let others know it11. Don’t let bozos grind you down
Humans are social animals
• Purpose tells youWHY you keep continuing and trying.• Sense of progress keeps you going furtheràmetrics!• If an employee doesn’t feel safe, customer and company will suffer. Asking approval for everythingis a common sign of this.• There is always ranking inside the group of people(whether you like it or not). Acting like there isn’t is stupid as you can use the hierarchy to help organization survive and keep people ”calm”.
About leaders and leadership
• Leadership is about being in charge of people.• People follow leaders that are ready to sacrificethemselves.• Invest time and energy to people and they returnlove and loyalty.• Leading is like training: You don’t see results in short term and sometimes others see results earlierthan you.
About customers
• For a company there is only 2 reasons to spendmoney:• Keep existing customers• Get new customers
• On the average companies would have 3 timesmore customers if they wouldn’t have lostcustomers over time.
Powerful questions
1. How did this get to be a problem to begin with?2. What could I do to improvemy situation or make
things better?3. If I could _______ really, really well, I could solve this
problem.4. Where have we tolerated mediocrity, lowered our
standards or allowed inconsistent execution to become an acceptable performance criteria?
5. Competitively, why do customers buy from us? Whyisn’t this strength sufficient to cause more potentialbuyers to stop doing business with our competitionand to start doing business with us?
The 4 Questions
üWho do I want to Buy fromme?
üWhat MUST happen to cause them to Buy?
üWhat MUST happen to keep them Buying?
üWhat could cause them NOT to Buy?