Finalmente chegou para me salvar da bola.
Bola por todo o lado em todos os canais. Obrigado Eurosport.
Finalmente chegou para me salvar da bola.
Bola por todo o lado em todos os canais. Obrigado Eurosport.
"A ISO define risco como o efeito da incerteza num resultado esperado.Esse efeito pode ser negativo (risco) ou positivo (oportunidade)"
Aqui, por exemplo, proponho que o exercício da determinação dos riscos comece pelos resultados esperados:
Interessante que em "High-Impact Tools for Teams: 5 Tools to Align Team Members, Build Trust, and Get Results Fast" encontre esta sequência:
"The globalisation side has a lot to do with China. Its export machine gives us all cheap stuff and suppresses wages for manufacturing industries worldwide.[Moi ici: Enquanto os tótós culpavam o euro. Nós, desde sempre optamos por "It's not the euro, stupid!"]Is the China-as-deflation-exporter story over?...As the chart makes clear, the exchange rate has a lot to do with whether China exports higher prices to the US. Beijing has allowed the renminbi to strengthen somewhat....Now the pressure is really on, as reflected in the 9 per cent increase in Chinese producer prices in May. Choyleva argues that passing higher costs on to domestic customers is difficult in China, as evidenced by weak consumer price inflation. Nor is the government likely to provide relief by weakening the renminbi. It is more concerned about things like food price inflation and encouraging capital inflows. So Chinese producers, if they want to protect profits, have little choice but to jack up their export prices in dollars."
"There are compelling reasons for businesses to raise prices this summer. First and foremost, costs are up. Wages in April and May grew at an annualized rate of 7.4%, gas prices have jumped by 49.6% in the last year, and May’s inflation rate leaped to 5%....consider the following strategies to implement:Be mindful of competitors. If they are raising prices, it’s easier for you to do so too. Don’t forget to evaluate how your customers will react...Provide an explanation. To defuse pushback, provide a data-backed narrative on why prices are increasing. Customers are more amenable when they understand why they are being asked to pay more....Lower other costs. It’s unrealistic for managers to believe that they have carte blanche to pass along any cost increase and that customers will in essence respond “No problem, keep your normal profit and we’ll continue buying the same amount.” Counterbalance increased input costs with savings from elsewhere....Roll out a “Best” version. The combination of pent-up demand and stimulus money may increase the receptivity of customers to buying a high-end “Best” version of a product....Provide options to retain price sensitive customers. A price hike may not work for some customers. Instead of writing them off, offer choices to keep them in the family....Reexamine prices individually. I’ve found it inevitable that examining a company’s prices leads to discovering some that are too low. Properly pricing these products may reduce the pressure to make an across-the-board increase or take unnecessary risks on other products."
Parte I, parte II, parte II, parte IV e parte V.
"It all starts with choosing your customer, or, as we put it, selecting your strategic group and then aligning and organizing your functional capabilities to meet your diverse and rapidly changing customer needs.
The Manager of the Future must be adept at what we call Value Entrepreneurship, which we define as teaming with peer managers to constantly push the envelope of the company’s customer value footprint in its diverse target market segments in a tight but flexible way.
...
The Age of Mass Markets was created in the late 1800s and early 1900s when rail, water, and road transportation enabled local markets to integrate into national mass markets. This agglomeration of volume converged with innovations in manufacturing, marketing, and distribution—like assembly line production; mass media like newspapers, radio, and broadcast television; and national networks of distributors—to create massive economies of scale. In this context, the most important strategic imperative was to get big.
All this began to change a few decades ago. The change was largely driven by technology. Computers came into widespread use, the internet was developed, and both wireless networks and narrowcast technologies like cable TV were deployed. These innovations accelerated companies’ ability to reach out directly to customers and microsegment markets and to accumulate data so that they could micro target customers. Manufacturing innovations like small-batch production, robotics, process automation, and additive manufacturing broke down economies of scale, enabling companies to produce niche products and services targeted at individual segments and even at individual customers.
...
While getting big was the strategic imperative in the Age of Mass Markets, the strategic imperative of the Age of Diverse Markets is to adroitly manage complexity. Today, successful companies must be expert at choosing their customer, aligning their resources, and managing their organization to target and meet the needs of the most lucrative, defensible parts of the emerging market in their transforming industry."
Trechos retirados de “Choose Your Customer: How to Compete Against the Digital Giants and Thrive” de Jonathan S. Byrnes.
“You can do market research to check your ideas, but my belief is that market research is not particularly effective when it comes to truly new things. Market research is useful but only for checking things that already exist. Consumers can only give you meaningful feedback on what they already know. For truly innovative things, you are better off testing them on the market. So, to make sure that my ideas were fine, we tried a few of them in a limited way to make sure they worked. ”
Trecho retirado de “Organizing for the New Normal” de Constantinos Markides.
"The pervasive fear felt by so many incumbent company managers is rooted in the false assumption that the currents of change, of which Amazon is emblematic, will completely disrupt industries and leave no place to hide or prosper.In fact, hundreds of studies of industry profitability in the industrial organization economics literature show the opposite. The most profitable overall industry configuration is one with a relatively small number of competitors, with each having a different strategy and each being very profitable—some serving small customers, others serving large customers; some offering arm’s-length service, others building-integrated customer relationships; and so on. In fact, contrary to popular belief, the industry model of a big winner and a lot of losers consistently provides low overall profits to all industry participants.Today, the winning strategy is “choose your customer."...The overwhelmingly important problem for all too many managers in incumbent firms is that they are stuck in the obsolete strategic paradigm of the fading Age of Mass Markets in which the primary goal is to maximize all revenues while minimizing all costs. In essence, they are choosing all possible customers, which is no choice at all."
“Continuing to act on the obsolete assumption that all revenues are good and all costs are bad leads all too many managers to dilute and waste resources trying to hold on to all of their business, rather than choosing their customers and focusing on building their high-profit, defensible business in their target strategic group. This is the single most important issue in business today, and most managers do not even see it.”
Implementing a management system is like tossing and keeping a series of plates in the air circulating like a jongleur is able to do it.
What often happens is that once the dishes are released... they fall to the ground...
The management system cannot take on a life of its own. Someone has to always be aware that the dishes have fallen and that they have to be thrown into the air again.
This happens when an internal audit approaches, or when a surveillance audit date looms. Then, on the run, corrections are made, figurately “some walls are repaired, some wires are fastened, and a new scenario is set up” so that the next audit will look good in the photograph.
One of the most important mechanisms to keep the management system working, to keep the dishes in the air, involves measuring, analyzing, and making decisions to improve.
Let me show you why.
First, let us consider three levels of monitoring, measuring, and analyzing:
Um bom texto, mais um de Seth Godin:
"Interactions with the people who are enrolled and giving you the benefit of the doubt are a form of avocado time. They shouldn’t be optimized for efficiency or even leverage. Instead, it’s a chance to make a difference."
Como não relacionar com Stephen Covey e não só em "Every visit customers have to make ..."
Parte I, parte II e parte III.
"market mapping—matching customers to the relationships that they should have, not necessarily to the relationships that they initially want.[Moi ici: Quantas empresas não consideram esta segmentação? Lembro-me de ser responsável da Qualidade e Desenvolvimentos numa empresa. A minha equipa fazia desenvolvimentos de receitas para clientes que, depois, iam comprar a matéria-prima à concorrência]
...
In targeting accounts for these relationships, the team found four key factors: (1) the amount of the potential profits at stake; (2) the operating fit; (3) the account’s willingness and ability to partner; and (4) the account’s buyer behavior (that is, relationship versus transactional). The team also saw that it needed to define a small number of alternative relationships—which we call a relationship hierarchy—for accounts for whom full integration did not fit.
...
The decision on who wins big and who gets pushed out is almost always determined by a supplier’s go-to-market capabilities—namely, the ability to choose its customers, to produce more essential customer value through an innovative value footprint, and to create new profits and strategic advantage for the customers.
The overriding management issue is that this change in business eras is creating a critical need for a shift from broad-market targeting to focused-segment—and even customer—selection. In today’s Age of Diverse Markets, “choose your customer” is the most important theme.
...
In the Age of Mass Markets, product prices and cost to serve were relatively uniform from customer to customer. In today’s Age of Diverse Markets, all this has changed: prices and cost to serve vary widely from customer to customer, and even within a customer. Transaction-based profit metrics and analytics allow managers to see exactly where they are making money and where they are losing it—and this detailed understanding of customer, product, and process profitability enables managers to create sharply focused and highly effective initiatives."
E a sua empresa, escolhe os clientes? Segmenta as relações com diferentes tipos de clientes?
Trechos retirados de “Choose Your Customer: How to Compete Against the Digital Giants and Thrive” de Jonathan S. Byrnes
"You’re asked to speak to the C-suite, to offer your ideas for tackling company-wide strategic challenges. This was a rare opportunity to present directly in front of the CEO, so you do your research, frame the specific challenge, debate different ideas and solutions, and prepare your presentation. But despite all your hard work, your idea is met with a lukewarm reaction and what, at best, could be called a polite round of applause. What went wrong? When presenting ideas to the CEO, even seasoned leaders who don’t regularly interact with the C-suite fall into a few common traps that can be easily avoided. These traps include presenting an idea without its problem or a clear indication of its ROI; offering your presentation with little time to interact with your audience; and providing data without attention to detail."
Esta é uma pergunta que me fazem com alguma frequência nos webinars da Advisera: como convencer a gestão de topo?
"Trap #1: An Idea Without Its Problem
Smart, successful people tend to have great ideas. It’s natural for you to be excited about your ideas and eager to share them with your executives. But place yourself in your CEO’s shoes: She’s on the receiving end of endless smart ideas. For yours to stand out and be useful to the CEO, it must solve a problem.
Begin the presentation with the problem you’ve identified and spend time upfront creating context, surfacing the pain points, and building a sense of urgency around addressing the challenge. Many presenters often move straight to solution and neglect to build a sound case for immediate action. It’s the problem, not the idea, that executives want to hear first.
...
Trap #2: An Idea Without a Clear ROI
Once you’ve established the problem in your presentation, the next step is to prove that your idea will not only solve it, but do so in ways that grow the business. First, show how your initiative will self-fund within a short period of time. [Moi ici: Um clássico! Apresentar custos sem apresentar retorno, sem transformar em investimento]
...
Trap #3: A Presentation Without Interaction
As with all good presentations, you want to meet your audience where they are. But when speaking with the C-suite, presenters often overexplain obvious things and don’t leave enough time for interaction.
...
Reserve the second half of your allotted time for questions. While that seems like an outsized chunk, used well, it can be the most valuable part of your talk.
...
Trap #4: Data Without Attention to Detail
Even when you set aside enough time for interaction, you can run into trouble if you don’t have the correct answer to an executive’s question. Presenters can be imprecise or sloppy with details when questioned, especially when it comes to numbers.
...
Once you present an incorrect number, your executives will tend to write off the rest of your data. Be sure of your facts, be prepared with the source of your information, and, if there’s an error, be ready to quickly follow up with a correction. And if you don’t know the answer, don’t waste time. Simply admit to that, and tell them you’ll look into it and follow up.
If you’re in a position to present to the most senior executives in your organization, you’re already considered smart and capable. You don’t need to prove it by launching directly into your idea and sharing endless details. Instead, give your audience what it really wants: an overview of the problem and how you think it can be solved for the benefit of the company. Give them plenty of time to interact with you, and you’ll prove that you’re as smart and capable as they thought."
Trechos interessantes retirados de "How to Blow a Presentation to the C-Suite"
Os trechos que se seguem são retirados de “Choose Your Customer: How to Compete Against the Digital Giants and Thrive” de Jonathan S. Byrnes e ilustram algo que escrevo aqui há muitos anos. Basta recordar a curva de Stobachoff:
"to determine which parts of its business were making or losing money. When they saw the results, they nearly fell off their chairs:
When Edison’s managers saw this, they immediately understood that their price war strategy was a response to the profit-draining customers’ demands, while they were essentially ignoring their critical high-profit customers.”[Moi ici: Demasiado comum. Recordo a espécie de esquema Ponzi]
- About 18 percent of their customers, which we call their Profit Peak accounts, accounted for about half of their revenues but produced over 130 percent of their profits.
- About 30 percent of their customers, their large money-losing Profit Drains, accounted for about one-third of their revenues but drained off about 50 percent of the profits earned by the rest of the company
- About half of the company’s customers were Profit Desert customers who accounted for about 20 percent of the revenues and produced less than 10 percent of the profits."
"In the past, managers needed only aggregate metrics, while today, they need to understand the relationship between revenue and cost for literally every product sold to every customer every time....The biggest problem in business today is that all too many managers are not embracing the Age of Diverse Markets success elements that will enable them to prosper. Instead, they are doubling down on tactical innovations and tuning up old practices from the Age of Mass Markets—usually with diminishing results."
"The key to success in the Age of Diverse Markets is choosing your customer. [Moi ici: Quem são os seus clientes-alvo?] This has three imperatives:
- Choose: Define a defensible strategy that your company can dominate, choose the customers who fit, and say no to those who do not.
- Align: Identify and build the capabilities that will enable your company to achieve high sustained profitability with your chosen customers in your target strategic group (that is, the set of firms pursuing the same strategy), and focus your resources to quickly excel in your strategic direction.
- Manage: Develop your organization so your managers can seamlessly coordinate to identify and support your chosen customers, and to meet their diverse and rapidly evolving needs."
Longe vão os tempos do: qualquer cor desde que seja preto.
Ao longo dos anos tenho escrito sobre Mongo, ou o Estranhistão. A metáfora que uso para ilustrar o abandono do monolitismo do século XX e o advento da variedade e diversidade do século XXI."Today, business is transitioning from one major era, the Age of Mass Markets, to another, which we call the Age of Diverse Markets. [Moi ici: Aquilo a que chamo de Mongo, ou o Estranhistão]...The Age of Mass Markets, which extended through most of the prior century, was characterized by fast-growing homogeneous markets. [Moi ici: A visão monolítica que a Economia aplica à realidade para a poder matematizar. Depois, chega a modelos e a conclusões sem adesão à realidade e não percebe, e enterra a cabeça na areia]...[Moi ici: In the Age of Mass Markets] These companies were characterized by massive economies of scale in nearly every business function (production, distribution, advertising, and so on), which ensured that as they increased their sales, their unit costs dropped, giving them ample profits to invest in getting more sales and in further reducing their costs by increasing the efficiency of their production and distribution systems. Both prices and distribution costs were relatively uniform, so reporting tools based on averages—like aggregate revenues, costs, and gross margins—were sufficient.The key management imperative was to get big fast. The rules of thumb were that all revenues were good and all costs were bad. [Moi ici: Como não recuar a 2012 e a "Como surgem os Golias e pistas para o aparecimento de Davids". Em Portugal, os mesmos da tríade ainda sonham com empresas grandes. Em Mongo, "Giants invariably descend into suckiness"] Companies segregated their functional departments to individually optimize their revenue-maximizing or cost-minimizing objectives, and they coordinated them at the top through periodic planning sessions and period-end financial reports.Today’s Age of Diverse Markets, which began its widespread acceleration around 2000, is completely different. Today, there are very few mass markets, while there are more and more diverse markets where product offerings, pricing, and service packages are uniquely configured, if not by individual customer, than at least by highly segmented target markets.Today, markets are heterogeneous and fragmenting down to the individual customer in many cases. Throughout our economy, pricing is becoming much more varied, both within market segments and even between one customer and the next. In parallel, the cost to serve each customer is becoming increasingly diverse, depending on the customer relationship, product-service mix, and other factors. This change has already overtaken the business-to-consumer (B2C) markets, and it is rapidly transforming the business-to-business (B2B) markets as well."
"In the Age of Mass Markets, products were “king.” To a large extent, companies succeeded by selling the same products to as many customers as possible. In the Age of Diverse Markets, in contrast, customers are “king.” Companies succeed by microtargeting particular customers and tightly specified market segments and providing them with tailored packages of products and related services."
Há muitos anos que aqui no blogue escrevo que os políticos e os empresários, na generalidade, são iguais. São iguais porque emergem do mesmo caldo, do mesmo magma cultural.
Os políticos só são mais perigosos porque lidam com os recursos que são da comunidade e, por isso, são em maior quantidade e, mais grave ainda, não têm skin-in-the-game, esbanjam impunemente o que não lhes custa a ganhar, porque ser estúpido ou ignorante não é ilegal (fora o dolo). O impacte dos seus erros leva países inteiros à falência, o impacte dos erros de um empresário apenas levam a sua empresa à falência.
Agora reparem nisto, a propósito da polémica recente sobre a Câmara Municipal de Lisboa:
Pensem, como seria/será uma empresa gerida assim?
Perante asneiras, perante maus resultados, perante reclamações, responder com resignação:
"NÃO DEVIA ACONTECER, NÃO DEVIA TER ACONTECIDO E ESPERA-SE QUE NÃO VOLTE A ACONTECER"
Este "espera-se que não volte a acontecer" é tão ... inclassificável. É o pior da cultura portuguesa. Acreditar que basta ter fé, para que não volte a acontecer. Foi azar! (Há um ditado, francês, que diz qualquer coisa como: é bom que o marinheiro tenha fé, mas também convém que reme)
Outra vez, como seria/será uma empresa gerida assim?
Claro que há empresários que não partilham desta cultura. Por exemplo, o meu parceiro das conversas oxigenadoras. No Whatsapp escreveu-me recentemente:
"Quando fui a São João da Madeira tomar a vacina estimei uma cadência de 15 vacinas por hora/guichet e o centro abriu 45 minutos depois da hora.
...
Enquanto estive à espera, fiz esta projeção, que por baixo poderiam vacinar um minimo de 600, em vez das 480 atuais. Mas numa abordagem mais detalhada, seria possível melhorar mais e com melhor serviço para os clientes e para os enfermeiros."
Gente que olha para os desafios e procura estudar os factos para mudar a realidade e, assim, aspirar legitimamente a resultados futuros desejados diferentes.
Entretanto, ontem à noite durante mais uma leitura de “Organizing for the New Normal” de Constantinos Markides, apanhei isto:
A conjugação "bad outcome x wrong process followed" não obriga a mudar o processo, implica mais controlo... como não recuar mais de 10 anos até isto:
"As instituições que, analisando um qualquer acidente, se ficam pelo modelo de “culpa individual” perdem a possibilidade de alterar o “sistema” e melhorar a segurança pela introdução de novas políticas que tornem novos erros menos prováveis. Ao punir, simplesmente, um indivíduo a organização nega de forma subliminar a sua responsabilidade no evento negativo, mas não o corrige verdadeiramente. É o princípio da negação dos acidentes, que caracteriza as organizações demasiado burocratizadas e sem abertura a qualquer processo de inovação regenerativa. Face a um acidente que ocorre, a tendência é isolá-lo, punir o responsável mais directo, impedir a divulgação do facto e, seguir em frente, após ter tomado medidas limitadas a nível local."
Imaginem as implicações da conjugação de "bad outcome x correct process followed"... o trabalho, a mudança necessária, as complicações... e mais, neste caso não há erro!
Erro existe quando o processo não é seguido! Os serviços não falharam, os serviços cumpriram o que estava previsto.Há tempos vi como uma empresa tinha tratado a reclamação de um cliente. No fim, concluíam que a empresa não tinha qualquer responsabilidade. O problema tinha sido gerado por um subcontratado.
Uma excelente forma de evitar... o trabalho, a mudança necessária, as complicações, o olhar para dentro...
Ainda argumentei: Come on, o cliente não quer saber do subcontratado, o acordo dele é convosco. Não precisam de mudar nada? Nem a forma como escolhem subcontratados? Nem a forma como informam, apoiam ou controlam subcontratados?
"Assuming the firm has made explicit choices on the who–what–how, these choices need to be communicated to the rest of the organization. Often, this communication does not happen at all, or is so ineffective that the strategy remains a mystery to the employees. However, even in the best-case scenario when the organization has made the choices required and top management has spent time and energy trying to communicate these choices in a clear and explicit way, the probability is still high that employees will fail to fully understand what is communicated to them. There are two main reasons for this.The first reason has to do with the fact that strategies are often communicated at such a general level that employees find it impossible to understand what they mean or what they can do to help implement them....What happens in an organization when the same statement can have (at least) seven possible meanings?...There is a second reason that undermines any communication campaign. Simply communicating the choices you have made is often insufficient. What you really need to do is to communicate the choice and the alternatives considered and rejected in favor of the choice. It is the positioning of the choice relative to the alternatives considered that makes the choice clear to people. This means that what you need to say is not: “We have decided to target customer X.” Instead, you should say: “We have decided to target customer X rather than customer Y or customer Z.” Furthermore, for people to appreciate that a difficult choice has indeed been made, the alternatives considered must not only be explicitly communicated to everybody, they must also be credible and viable alternatives....This is why explicitly stating what alternatives you considered (and rejected) is so important for your audience—it helps them see that you are being honest when you say you have made some difficult choices, and makes them appreciate even more the choice made."
Um bom texto sobre os riscos associados à concentração, "The World's Food Supply Has Never Been More Vulnerable".
Recordo a Ecco e a sua fracassada ideia de concentrar toda a sua produção em Bangkok, a concentração de toda a produção de Coca-Cola da Península Ibérica numa única fábrica, a eliminação da refinaria de Leixões, a eliminação da fábrica da UNICER em Loulé. [Moi ici: Como não relacionar o que escrevi sobre o fim da fábrica de Loulé o sucesso da Font Salem)]
Recordo ainda a ideia dos políticos de criarem hospitais-cidade, escolas-cidade, etc.
"Consolidation has made the U.S. meat industry — and the global protein supply — profoundly and unacceptably vulnerable. It will become more susceptible in the years ahead as public health threats and potential cyberattacks continue to loom large, and as climate change increases the risk of natural disasters. Drought, heat, flooding, wildfires, insects, superstorms and weather volatility are raising pressure on our farms and ranches. In short, the cost-saving benefits of agricultural consolidation are increasingly outweighed by the risks of disruption." [Moi ici: Recordo a vacaria com 33 mil vacas]
...
Food-industry experts have long been clamoring for systemic “resilience.” Last April, as the pandemic bore down on meat producers and before he began his second tour as U.S. Department of Agriculture Secretary, Tom Vilsack told me that we’re “better off having multiple plants in multiple locations — smaller facilities to produce enough product. And that may mean a little less profit, but it means that if you have an incident like this that threatens your workforce, you'll always have sufficient operation capacity.” Vilsack reiterated this sentiment Tuesday in a call with reporters: “Efficiency comes at a price, and that price is a lack of resilience when you have a major disruption.""
Recordo muitas vezes uma frase que Nassim Taleb escreveu no Twitter em 2014:
"Economists fail to get w/ GDP growth that anything that grows without an "S" curve (slowingdown phase) blows up."
Ontem ao passar os olhos pelo livro "The Bed of Procrustes" encontrei:
"Robustness is progress without impatience."
Entretanto, à noite li "The '85% Rule': Why a dose of failure optimizes learning":
"If you have an error rate of 15% or accuracy of 85%, you are always maximizing your rate of learning in these two-choice tasks."
E recordei os velhos nabateus:
BTW, este fim de semana vi num canal do cabo, tipo National Geographic(?), um documentário sobre os Nabateus e a civilização de Petra. Uma parte desse documentário não me sai da cabeça... a parte em que se refere a técnica dos Nabateus para transportar água ao longo de km e km. Eles desenhavam a inclinação das tubagens não para a máxima eficiência de caudal transportado mas para a mais eficaz. A máxima eficiência leva à rotura frequente das tubagens.
Não sei porquê, mas sinto que isto está tudo relacionado.
Cuidado com os juízos precipitados e com a crença nos jogos de soma nula.
"When radio became popular in the 1920s, the American Society of Composers, Authors and Publishers (ASCAP) battled the new medium, convinced that radio would reduce record sales and, more important at the time, shrink revenue from sheet music. To choke off radio, ASCAP raised its licensing fees by 70 percent in the late 1930s and again in 1940. Broadcasters responded with a boycott. For almost a year, radio audiences in the United States heard virtually no copyright-protected music. All of a sudden, Stephen Foster’s long-forgotten “Jeannie with the Light Brown Hair,” a song in the public domain, filled the airwaves again.By the 1950s, however, ASCAP’s mistake was readily apparent. Radio was not a substitute for records; it was a complement, a means to advertise music and raise listeners’ appreciation for particular songs. Now the payment streams reversed: instead of charging astronomical licensing fees, record companies paid DJs to play particular songs. The first type of mistake businesses often make is that they misjudge the relationship between two products, seeing them as substitutes when they are, in fact, complements. In hindsight, we see things more clearly, of course. But at the time, the mistake was completely understandable. Wouldn’t you have thought that playing music for free would reduce the demand for records?”
O karma é tramado!
"Decisions about strategy are the prerogative of top management and cannot be delegated to employees. For example, deciding what customers to target or what products to sell are strategic decisions and must be made by top management. Similarly, changes to strategy are also the domain of top management. You cannot have employees changing the product offering or the customers being targeted without the direct input of their leaders.
...
Employees can have autonomy to act on operational issues that improve what we are already doing, but not on the strategic choices that the organization has made that define its strategic direction.
Obviously, for employees to tell the difference between operational and strategic issues, they must first know what strategic choices the organization has made. This implies that the most important parameter that will guide employees’ behaviors—and the parameter that will allow us to give autonomy without fear of losing control—is our clearly communicated strategy.
...
a 2013 academic study reported that even in high-performing companies with clearly articulated strategies, only 29 percent of employees knew what their company’s strategy was. This is not an isolated finding—survey after survey reports that employees seem to be in the dark when it comes to their organization’s strategy, despite claims by senior management that their strategy is clear, well communicated, and understood by their employees.
...
Reason #1: Failure to Make the Difficult Choices That Strategy Requires
Strategy is all about making difficult choices—what the organization will do, and more importantly, what it will not do. The question that immediately arises is: “choices about what?” There is no agreed answer to this question, but at the very least there are three choices about strategy that need to be made—the who, the what, and the how. Specifically:
- Who should we target as customers and who should we not?
- What shall we offer these customers and what shall we not?
- How should we achieve all this—what value chain activities should we undertake and what activities should we not?”
...
The biggest strategic mistake that organizations make is not that they miss one or two choices in their decision making; it is that they do not make choices at all.
...
It is amazing how many organizations fall into the trap of not making the required choices on strategy. One reason for this is the fact that these are not easy choices to make—ex ante, there are many possible answers to each one of the three questions.
...
There may be additional reasons, but the end result is that organizations consistently and predictably fail to make the necessary choices that strategy requires. Faced with uncertainty, they invest some of their resources going after customer X and some going after customer Y—just to be on the safe side. In the process, they do a disservice to both X and Y (by underinvesting in both), but at least they ensure that they do not make a mistake by choosing one that may turn out to be wrong five or ten years down the road. Similarly, faced with the prospect of upsetting some of their colleagues, they allocate their limited resources to projects and regions that do not fit with the organization’s goals or direction. In the process, they underinvest in the things that deserve their attention, but at least they do not upset their colleagues!
Failure to make choices leads to the first key reason why we have lack of clarity in strategy: Instead of being a clear statement of the (difficult) choices that the organization has made, strategy becomes nothing more than a vague and generic statement that lists all the wonderful things that the firm aims to achieve. It says all the right things so that nobody can really disagree with it, but fails to state the one thing that will offer guidance to employees— the choices the organization has made—exactly because no choices have been made. When you read the annual report of any company, what you get is good-sounding motherhood statements masquerading as strategy statements, a point also made by other academics. These offer no guidance or direction to employees. No wonder these people complain that they have no idea what their organization’s strategy is. They do not know it because the organization does not really have a strategy!"
Trechos retirados de “Organizing for the New Normal” de Constantinos Markides.
"It is widely believed that restructuring has boosted productivity by displacing low-skilled workers and creating jobs for the high skilled."Mas, e como isto é profundo:"In essence, creative destruction means that low productivity plants are displaced by high productivity plants." Por favor voltar a trás e reler esta última afirmação.
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"Lovaglia’s Law: The more important the outcome of a decision, the more people will resist using evidence to make it."
"If an organisation is too stable it can ossify, but if it is too unstable it can disintegrate. Successful organisations work between these two conditions or states, in what Stacey called ‘the chaos zone’."
"If the customer doesn't care about the price, then the retailer shouldn't care about the cost,"
“It's not enough that we do our best; sometimes we have to do what's required”.
"Das Leben, das uns gegeben ist, ist uns nicht als etwas Fertiges gegeben, sondern wir müssen es uns gestalten, und zwar jeder sein eigenes."
"Eine Regierung, die nichts wert ist, kostet am meisten."
"Forget trying to persuade them; light their pants on fire."
"O futuro é o que importa. O futuro é a base do significado, é de onde vem o projecto que alguém tem para si próprio"
"The single biggest problem in communication is the illusion that it has taken place."
“It is not the strongest of the species that survives, nor the most intelligent; it is the one that is most adaptable to change.”
"o Marketing só existe a partir do pensamento estratégico, caso contrário "não resulta""
"It is difficult to get a man to understand something, when his salary depends upon his not understanding it"
"Perder diversidade é como arrancar páginas de um livro. Quantas páginas poderemos arrancar até deixar de compreender o enredo?"
The great enemy of the truth is very often not the lie – deliberate, contrived and dishonest – but the myth, persistent, persuasive, and unrealistic. Belief in myths allows the comfort of opinion without the discomfort of thought."
"By strategy, I mean a cohesive response to a challenge. A real strategy is neither a document nor a forecast but rather an overall approach based on a diagnosis of a challenge. The most important element of a strategy is a coherent viewpoint about the forces at work, not a plan."
"Un desastre està punt de succeir a Espanya. El malentès de la gravetat de la crisi costarà car als inversors, ja que tindrà profundes conseqüències per a tot el sistema bancari europeu", afirma.
Entre d'altres coses, Mauldin diu que "els inversors estan fumant crack si creuen que els bancs espanyols són entre els més forts d'Europa, ja que estan amagant les seves pèrdues".
“… there are no “sunset” industries condemned to disappear in high wage economies, although there are certainly sunset and condemned strategies, among them building a business on the advantages to be gained by cheap labor”
"o vencedor da vida, o optimista que vive em incesto com o próprio ego, é o traço mais frágil do líder"
"We shall not grow wiser before we learn that much
that we have done was very foolish."
You may not be able to change the world but can at least get some entertainment & make a living out of the epistemic arrogance of the human race.
"I wanted you to see what real courage is, instead of getting the idea that courage is a man with a gun in his hand. It's when you know you're licked before you begin but you begin anyway and you see it through no matter what. You rarely win, but sometimes you do."
“Trust your guts. But not too much!”
"Customers will try 'low-cost providers,' because the majors have not given them any clear reason not to." "
"Natal é quando as Crianças pedem e os Pais pagam. Défices é quando os Pais pedem e as Crianças pagam."
"A imprevidência dos povos é infinita, a dos governos é legal"
"What a man sees depends both upon what he looks at and also upon what his previous visual-conceptual experience has taught him to see"
“The leaders first task is to be the trumpet that sounds a clear sound”
"lamented the lack of any systematic data on the scale of unfunded IOUs that care-free politicians have handed out like confetti."
"Let them call me rebel and welcome, I feel no concern from it; but I should suffer the misery of devils, were I to make a whore of my soul..."
O problema não é o consumo. O problema é o consumo assente em endividamento."
"There are designations, like "economist", "prostitute", or "consultant" for which additional characterization doesn't add information."
When it becomes more difficult to suffer than change, you will change"
"Hope is not a strategy and a crisis is a terrible thing to waste"
The more you can see of the present, the more you can see of the future"
Yes, You can change the future, but only changing the present"
"Entrepreneurship is 'Having aspirations greater than your resources'"
“The single biggest reason companies fail is they overinvest in what is, as opposed to what might be."
"The first principle is that you must not fool yourself - and you are the easiest person to fool. So you have to be very careful about that"
"A estabilidade é uma ilusão"
"When we create the conditions of possibility, the universe becomes our co-conspirator"
Thinking about doing is not doing. Talking about doing is not doing. Doing is doing."
"'God has created me to do him some definite service. He has committed some work to me which he has not committed to another'.
...
"Each of us has a mission, each of us is called to change the world, to work for a culture of life, a culture forged by love and respect for the dignity of each human person.
"As our Lord tells us in the Gospel we have just heard, our light must shine in the sight of all, so that, seeing our good works, they may give praise to our heavenly Father."
"The future is not there waiting for us. We create it by the power of imagination."
"confusing testosterone with strategy is a bad idea"
"Much consulting involves the application of models to a system, as opposed to getting involved in the system as a positive change agent""
"O Portugal que pára sem orçamento é precisamente aquele que vive dele e que há todo o interesse em parar."
"credibilidade da política financeira e dos seus executores está ao nível da credibilidade de uma barraca das farturas"
"The role of the manager is thought to be reduction of uncertainty rather than the capacity to live creatively in it"
"today an entrepreneur is closer to artists than managers"
"A business without a path to profit isn’t a business, it’s a hobby"
"If no one’s upset by what you’re saying, you’re probably not pushing hard enough. (And you’re probably boring, too.)"
"Storytelling isn’t just how we construct our identities, stories are our identities"
"'He who has a why to live can bear almost any how' "
"They can because they think they can"
"Se há coisa que não suporto é misturar catequese com negócios, é a incapacidade para calçar os sapatos do outro e só pensar na nossa posição de coitadinhos, pobres vítimas indefesas dos maus e que por isso precisamos do Estado todo poderoso para nos proteger e, nem percebem na volta, os juros que o Estado cobra por esse serviço mafioso de protecção que, ainda por cima não resolve nada."
"Empathy is like a universal solvent. Any problem immersed in empathy becomes soluble."
"In victory, do not brag; in defeat, do not weep"
"Value it's a feeling not a calculation"
"An economist is someone who has had a human being described to him, but has never actually seen one."
"Don't finish first--it's not about running a rat race. Start with a better ending in mind."
"If you sit in on a poker game and don’t see a sucker, get up. You’re the sucker.”
"The 'value added' for most any company, tiny or enormous, comes from the Quality of Experience provided."
"Crediting government with the success of entrepreneurs is like crediting the guy who built Bill Gates’ garage with the success of Microsoft."
"I have found that assuming social scientists understand the difference between correlation and causality is not generally a good one."
"Promising never to raise taxes, without reaching a deal on spending, really means a high and rising commitment to future taxes."
"Some things are so foolish that only an intellectual could believe them, for no ordinary man could be such a fool"
"os bancos não financiam a economia, a poupança sim"
"I do not know the key to success, but the key to failure is trying to please everybody"
"Never be afraid to try, remember... Amateurs built the ark. Professionals built the Titanic."
"terms such as 'experiment' and 'observation' cover complex processes containing many strands. 'Facts' come from negotiations between different parties and the final product - the published report - is influenced by physical events, dataprocessors, compromises, exhaustion, lack of money, national pride and so on."
"'science in the making' is 'the consequence of [a] settlement' of 'controversies'."
"If the state wishes to spend more, it can do so only by borrowing your savings or taxing you more. And it's no good thinking someone else will pay, that someone else is you."
"All failures of strategy are rooted in the assumption that outcomes are predictable."
"Doing things like your bigger competitors is how to get killed in the wars out there"
“Uma moeda boa e forte é como a saúde. Só lhe damos verdadeiramente valor quando não a temos.”
"Life’s tough. It’s tougher if you’re stupid"
"O homem de bem exige tudo de si próprio; o homem medíocre espera tudo dos outros"
"Change is a threat when done to me, but an opportunity when done by me."
"As elites foram deixando de falar das exportações à medida que se foi percebendo que o país consegue exportar sem elas"
"Your toughest competition is the little voice inside your head telling you to stop"
"Pain is just weakness leaving your body"
"Built to last" is bad economics. Built to do something great" is the better idea. Think: "Creative destruction."
"the world is an uncertain place no matter how many Greek letter equations you affix to a problem."
"You never change things by fighting existing reality. To change s.th., build a new model making the existing model obsolete"
“No, no, you're not thinking; you're just being logical.”
"Success is not a destination. It's the trail you leave behind you."
"Winners make a habit of manufacturing their own positive expectations in advance of the event."
“You’ve got to start with the customer experience and work back toward the technology – not the other way around”
"Strategy as the "smallest set of - intended or actual - choices and decisions sufficient to guide all other choices and decisions sufficient to guide all other choices and decisions."
"When something is commoditized, an adjacent market becomes valuable"
"nature evolves away from constraints, not toward goals"
"There aren't any textbooks on what to stop doing!"
"With great power comes great irresponsibility "
"Weird things happen when you take price out of the equation for consumers"
"‘It’s so damn complex. If you ever think you have the solution to this, you’re wrong and you’re dangerous.’"
"Saruman believes it is only great power that can hold evil in check, but that is not what I have found. I found it is the small everyday deeds of ordinary folk that keep the darkness at bay. Small acts of kindness and love."
"Increasing stuff that doesn't add value dilutes existing value."
"O federalismo não é a alternativa à troika, é a troika para sempre."
"Never underestimate the difficulty of changing false beliefs by facts"
"Stressors are information"
“If you hear a “prominent” economist using the word ‘equilibrium,’ or ‘normal distribution,’ do not argue with him; just ignore him, or try to put a rat down his shirt.”
"The advantage of experiences over things for most of us is that we can make them seem unique, which = scarce, which = value"
"Pedras no caminho?
Guardo todas, um dia vou construir um castelo"
"Without risk, faith is an impossibility."
"Não posso com quem vive a achar que os outros lhe devem sempre alguma coisa."
"In a world of increasing automation, our ability to perform tasks is not nearly as important as our ability to dream. The questions we need to ask are not ones of action, but ones of meaning"
"Me arrancam tudo a força e depois me chamam de contribuinte."
"Letting people vote for expensive programs that “somebody else” will finance is a good recipe for getting people to vote irresponsibly"
"what's fairness gotta do with pricing based in value?"
"The epic battle of our generation is between the status quo of mass and the never-ceasing tide of weird."
“Price is emotional”
"There will always be a reason why you can't pursue it, until competitors create a reason why you must."
"The most important thing to study is opening theory"
"The greater the contrast, the greater the potential"
“Customers don't care about your solution, they care about their problems.”
"Todos querem conhecer a verdade, mas o que desejam é que lhes contem uma mentira em que não sejam protagonistas."
"Execution efficiency strangles innovation in the crib, but not with malice, by default.”
"Our obsession with scalability is getting in the way of unleashing the potential of the 21st century."
"The system is optimized to mitigate risk, not create value"
"Champions are made when no one is looking"
"Don't bargain on value. Half as expensive is often twice as cheap."
"Customers care about outcomes, not effort, technology, or originality."
"
"You don't have to pick between 1) playing the game and 2) not playing the game. You can *change* the game."
""The first principle is that you must not fool yourself and you are the easiest person to fool." "