During a press conference, soccer super star Ronaldo visibly put aside two bottles of Coca-Cola-one of the main sponsors of the soccer event-and replaced them with water bottles. Many in the press reported a Coca-Cola stock price decline as a […]
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Last week I gave a keynote about high-performance leadership in a virtual setting. While preparing the talk I realized that the virtual space increases focus, yet sacrifices context. Think of reading an email-a virtual communication-which is textually clear, but is still confusing […]
The size of your funeral will be determined by the weather. For many, this realization is both disheartening and sobering. Our natural tendency is to think we matter, which explains why the words why, meaning, and legacy have recently become an important part of […]
‘What’s vacuum?’ When my daughter asked this simple question, I struggled to give a coherent answer. Then I realized that vacuum is defined by the absence of matter. It struck me that in many instances the best way to describe something […]
There are two important ways to innovate. The first approach is addition: If you add an engine to a carriage, you have created a car. The second approach is subtraction: If you eliminate a complicated restaurant menu, you have a created a […]
On January 27, 1986, Thiokol engineers and managers discussed the weather conditions surrounding the upcoming launch of the Space Shuttle Challenger with their counterparts from NASA. The weather was very cold and one of the design engineers, Roger Boisjoly, pointed out […]
We used to have a fascinating, yet frustrating evening ritual with our cat: Whenever we prepared to go to sleep, our cat would find ever more intelligent ways to escape from our living room to our bedroom. After a fruitless chase, […]
If you want to effectively run virtual teams, it’s important to get the basics of high-performance teams right. Focus on the following elements: On a scale of 1-10, how well are you doing on each of these elements?
Last week I had a short chat with a personal assistant. She incidentally mentioned she was still occupied making minutes of last week’s management team meeting. That came as a surprise to me: Was that really the highest and best […]
One of the more curious aspects of strategic portfolio management is a concept called the probability-of-success. This metric is often used in decision making around strategic options. Typically, options are ranked based on the following formula: (Expected Result) = (Probability-of-Success) x […]
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