Week of October 16th

Week of October 16, 2017
 
“Never wrestle with pigs.
You both get dirty and the pig likes it.”
 
George Bernard Shaw
 
FOR YOUR EDIFICATION AND ENTERTAINMENT
 
The Babe, Baseball and Business
Not Losing the War for Talent
Culture Trumps Everything
Econ Recon:  Long, not Strong.Backside Blues
 
The Babe, Baseball and Business
 
One popular definition of good management is “consistent pressure, relentlessly applied.” As we head into the World Series, employee engagement expert Les Landes looks at the truth of this adage in the context of America’s Pastime. Mr. Landes looks at what Babe Ruth and truly well played baseball can teach us about business in his short blog posting “The Truth about Baseball and Business.”
Culture Trumps Everything
 
If you’re not a Vistage member then you may not have benefited from Dr. Gustavo Grodnitzky’ s half day deep dive into why “Culture Trumps Everything.” (He was Vistage’s 2013 Speaker of the Year).  We all have heard that culture is important but too many managers don’t really understand why or what to do about it.  If you want a great overview of culture’s important, check out Dr. Grodnitzky’s 16 min TEDx Talk on culture… and if you can’t hear him at a Vistage meeting his short but powerful book “Culture Trumps Everything” will help you get started on enhancing the culture of your company.
 
Not Losing the War for Talent
 
Maybe the first step in winning the war for talent is to not lose it. To wit, the story of a great manager whose CEO took him for granted until it was too late. A recent Forbes article  summarizes the executive’s experience and then offers ten reasons that your key players will decide they no longer want to play for you. 
 
Most CEOs know that it’s easier to keep a customer than find a new one; this principle applies to your key executives as well.
 
Econ Recon
 
Long, not Strong:  Dr. Brian Wesbury looks at a recovery that may become the longest on record; even though its persistence has been anemic by the standard of other recoveries.  Does he think there will be another recession? Of course, but you’ll have to read his latest short blog posting to find out when. 
 
Backside Blues:  Do you have leading indicators that tell you when things are about to change? Dr. Alan Beaulieu thinks you should; and if you did, they might be telling you that you’re on the backside of the business cycle and what to do about it.  Learn a little more in his recent blog posting.   
 
 
Make it a GREAT week!
 
Ed

 

Ed Stillman
Austin Group Chair
Vistage Worldwide
Mobile & Text 512.422.6232

Published by edstillman

I grew up in Carlsbad, north San Diego County, lost my dad as a teenager, went into the USAF for four years and hired on with 3M in 1969. Received my AA from Santa Barbara City College, BA and Masters from Redlands University and after 33 plus years, I retired from 3M in 2002. As I look back on my life, I have been creating myself and developing my skill sets to be a business coach and a Vistage Chair. I am president of SEOT, a "personal improvement" consulting firm spending most of my time working with Central Texas executives running small to medium size for-profit companies who are focusing on improving their profitability greater than their competition. My area of interest is assisting senior executives in creating a better balance between business commitments and personal relationships. I also facilatate three leadership labs each consisting of a dozen owners, presidents and CEOs. We meet monthly both in a group setting as well as in a 1-to-1 coaching session. Our focus is to sharpen each others' skills in becoming better leaders, making better decisions and taking ourselves and companies to that next level. Who are we? My members are experienced top executives who recognize that they don’t have all the answers and who actively seek the company of successful peers—both to give and receive insights and ideas. My members mine the 200 plus years of chief executive experience that comes together in our monthly meetings and members are eager to offer their own experience and insights in the process. As a group, we spend our time exploring topics members can't discuss anywhere else. My members have many other places where they can engage in idle, "cocktail party" chatter. Our mission is to provide the setting for discussing the "undiscussable." Where or who can you go to for confidential, honest feedback to assist you in minimizing your personal "Worry List"?