Showing posts with label Management. Show all posts
Showing posts with label Management. Show all posts

Saturday, June 01, 2013

Kirsten on Coaching

Cricket coach Gary Kirsten on his philosophy of coaching.

Wednesday, May 15, 2013

Wednesday, May 08, 2013

The Best

There's a popular saying in the Bemba language: "Inshimbi ni nshimbi".

It defies adequate translation into English -- it literally means "metal is metal".

Its intended meaning, though, is that, sometimes, one must simply acknowledge the undeniable facts. Metal is metal, and nothing else.

It's painful to say this as an Arsenal fan, but not as an all-round football fan: it is an undeniable fact that Sir Alex Ferguson, who today stepped down as Manager of Manchester United, is quite simply the best football manager who has ever lived. His record at Manchester United alone speaks for itself: one Club World Cup title; two European Champions League titles; thirteen English Premier League titles; five English FA Cup titles. Not to mention many other less well known trophies. Indeed, Sir Alex Ferguson's greatness transcends even football itself. Judged on the basis of delivery of consistent results over time using finite resources, Sir Alex Ferguson is undoubtedly one of the greatest managers, of any kind, who has ever lived. Inshimbi ni nshimbi, Metal is metal.

Friday, November 30, 2012

Dear Bill Emmott

On 1 October 1994, The Economist published a profile of Peter F. Drucker as part of an ongoing series on seminal management thinkers. On 12 October 1994, Drucker responded with a long and enlightening letter to Bill Emmott, the then editor of The Economist.

Tuesday, November 13, 2012

Manage It Like Fergie

Prof. Anita Elberse analyses some of Sir Alex Ferguson's management and leadership secrets.

Friday, November 02, 2012

Ronnie Chan: Seeing it and telling it as it is

I enjoyed Susan Li's recent interview with Ronnie Chan. For me, the most outstanding executive quality Chan exhibited in the interview was intellectual integrity: the ability to see it and tell it as it really is.

Friday, October 19, 2012

The Corner Office

Corner Office is a weekly feature in The New York Times in which a different chief executive is interviewed each week by Adam Bryant; he started the feature in March 2009. It's a fascinating set of interviews and interviewees from all sectors of life.

Thursday, October 18, 2012

Why are you here?

In February 2008, Steve Jobs gave an extensive interview to Betsy Morris in Kona, Hawaii, where he was on vacation with his family. One of the topics he discussed was his approach to finding talent:

"When I hire somebody really senior, competence is the ante. They have to be really smart. But the real issue for me is, Are they going to fall in love with Apple? Because if they fall in love with Apple, everything else will take care of itself. They'll want to do what's best for Apple, not what's best for them, what's best for Steve, or anybody else.

"Recruiting is hard. It's just finding the needles in the haystack. We do it ourselves and we spend a lot of time at it. I've participated in the hiring of maybe 5,000-plus people in my life. So I take it very seriously. You can't know enough in a one-hour interview. So, in the end, it's ultimately based on your gut. How do I feel about this person? What are they like when they're challenged? Why are they here? I ask everybody that: 'Why are you here?' The answers themselves are not what you're looking for. It's the meta-data."


Thursday, September 20, 2012

A simple self-management technique

The single most important task of an executive is to manage himself. But how, exactly, does one manage oneself? Peter F. Drucker gave us some guiding principles and a few practical techniques.

I recently discovered a very simple, practical self-management technique that, for want of a better term, I call auto-consultation. It means, as one might guess from its composition, to both consult with and consult for oneself. In other words, you are both the consultee and the consultant. Here's how it works in three simple steps:

Step 1: Describe the problem (consultee perspective)

Step 2: Design the solution (consultant perspective)

Step 3: Take/apply your own advice (combined perspective)

Try it.


The Decider

Michael Lewis has just published a fascinating portrait of Barack Obama's management style.

Wednesday, March 21, 2012

Steer it like Steve-O

I know, I know: very corny. But the tempatation to "Bend It Like Beckham" was simply irresistible.

I refer to "The Real Leadership Lessons of Steve Jobs" by Walter Isaacson published in the April 2012 issue of Harvard Business Review.

Sunday, March 18, 2012

The Druckerian Effectiveness of Steve Jobs

In the June 2004 issue of Harvard Business Review, Peter F. Drucker draws on his 65 years of consulting experience to distill the essense of "What Makes An Effective Executive":
Effective executives differ widely in their personalities, strengths, weaknesses, values, and beliefs. All they have in common is that they get the right things done.
Drucker constrasts executive effectiveness ("getting the right things done") with executive efficiency ("getting things done right"). Both are necessary of course, but for executive and organisational success, one (effectiveness) must necessarily precede and have preeminence over the other (efficiency). Drucker identifies eight practices of effective executives. Few would dispute that Steve Jobs was the most effective business executive of the last 15 to 20 years. So I thought it would be interesting, given all the new information we now have on Steve Jobs, particularly from Walter Isaacson's biography, to see exactly how Jobs measures up on the Drucker scale of executive effectiveness. According to Drucker, all effective executives follow the following eight practices which make them effective:
  1. They ask, "What needs to be done?" (Not "What do I want to do?")
  2. They ask, "What is right for the enterprise?"
  3. They develop action plans. (And then translate those plans into action using practices 4, 5, 6 and 7.)
  4. They take responsibility for decisions.
  5. They take responsibility for communicating.
  6. They focus on opportunities rather than problems.
  7. They run productive meetings.
  8. They think and say "we" rather than "I".
Let's see how Steve Jobs measures up on each of these eight practices:

  • Practice #1: Asking, "What needs to be done?"
    Drucker notes that an effective executive asks this question regularly and also at critical times in the life of the organisation. He gathers all the required information, creates a prioritised list of tasks and decides which of the top two or three tasks he is best suited to focus on; he delegates the rest. He then gets to work on one, or if he is one of the sizable minority who require a change of pace in their working day, two, of the top priorities. The evidence from Isaacson's book suggests that this is precisely how Steve Jobs operated. Perhaps the most famous example was the period just after he returned to Apple in 1997, and asked, in effect, precisely that question: "What needs to be done?" Additionally, Steve Jobs's ability to totally focus on one thing at a time was legendary.
  • Practice #2: Asking, "What is right for the enterprise?"
    Not: what is right for owners, the stockprice, employees or executives. There is plenty of evidence that this is also something Steve Jobs did habitually.
  • Practice #3: Developing action plans.
    This practice involves thinking about desired results (and associated deadlines), probable constraints on actions (ethical, legal, organisational mission, values and policies), future revisions (incorporating flexibility in the plan), check-in points (periodically measuring current results against prior expectations), and the resulting implications for the executive's time management. Again, Steve Job's handling of Apple's near-death experience in the late 1990s provides a prime example of this practice.
  • Practice #4: Taking responsibility for decisions.
    Drucker emphasises accountability for decisions. There is no decision at Apple that doesn't have a so-called DRI (directly responsible individual) associated with it. This is an aspect of Apple's culture that Steve Jobs really emphasised and exemplified, as vividly illustrated by The Parable of the Janitor and the Vice President (as recorded by Adam Lashinky). With respect to hiring and promotion decisions, Drucker notes that executives "owe it to the organization and to their fellow workers not to tolerate non-performing individuals in important jobs". Steve Jobs considered protecting Apple from what he called the "bozo explosion" to be one of his most important responsibilities.
  • Practice #5: Taking responsibility for communicating.
    Steve Jobs was a masterful communicator both inside and outside Apple. There's lots of evidence of that in Isaacson's book and elsewhere.
  • Practice #6: Focusing on opportunities rather than problems.
    Think iMac, iPod, iTunes, iPhone and iPad.
  • Practice #7: Running productive meetings.
    Steve Jobs was a highly effective meeter. In his classic 1966 book "The Effective Executive", Drucker observes that: "Meetings are by definition a concession to deficient organization. For one either meets or one works. One cannot do both at the same time." Steve Jobs and Apple defy this general observation. By all accounts, Steve Jobs ran extremely productive meetings: a results, strategy and project review meeting with his executive management team every Monday; a marketing and communications meeting every Wednesday; and a Top 100 meeting every year or so. For more on this, see Isaacson's biography and Adam Lashinsky's new book "Inside Apple".
  • Practice #8: Thinking and saying "we" rather than "I".
    In a 2003 interview for "60 Minutes", Dan Rather asked Steve Jobs what his biggest strength was. Steve Jobs's response was revealing and, I believe, completely truthful: "I've been very lucky in meeting incredibly talented people and hanging out with them. And so that's been my greatest strength." It's interesting that, unlike virtually all other top executives who first achieve success in some sort of individual functional role (even entrepreneurs), virtually all the successes in Steve Jobs's career, even the early ones, came from identifying, tapping into, inspiring, collaborating with and orchestrating the talents of other people. Perhaps the closest analogue to Job's unusual executive career comes from the world of the arts: the conductor, the producer, or the director.
Steve Jobs scores extremely well on all eight of Drucker's practices. No wonder he was able to steer Apple from the brink of financial collapse in 1997 to being the largest corporation in the world today by market capitalisation.

Towards the end of his article, Drucker briefly introduces a ninth and final practice, that he considers so important that he elevates it to the level of a rule: "Listen first, speak last". Unfortunately he says little more than that and it is impossible to precisely ascertain the wider implications of what he means. But we can speculate. My own view is that: whereas Drucker's first eight practices are largely mechanistic and demonstrate knowledge and skill (or technique), Drucker's ninth practice is deeply humanistic and demonstrates wisdom. For it is only the wise man who is quick to listen and slow to speak. Drucker himself of course was, and remains, the wisest and most deeply humanitarian of the so-called management gurus. In fact, he detested the very term "management guru" and instead thought of himself as what he called a "social ecologist". Drucker's ninth practice, and only rule, of executive effectiveness is really about effective executives also being wise.

I am a great admirer of Steve Jobs: his vision, his passion, his focus, and his ability to bring out the very best (and even better) from the people he worked with. But I'm not sure I ever think of Steve Jobs as being wise as such. Brilliant, deeply reflective, insightful, visionary, tenacious, skillful, certainly, but wise? No, sadly not. Perhaps wisdom is too much to ask of a business executive whose role, after all, is simply to make his organisation as effective and as efficient as possible. (The use of the word "simply" here should not be misconstrued to imply "easily".) I think what Drucker's rule really means is that without wisdom there can be no long-term executive effectiveness. Steve Jobs and his Apple executive team score an A+ on all of Drucker's first eight tests of executive effectiveness. The results of the test of long-term executive effectiveness will only be in after five to ten years. They will make very interesting and instructive reading indeed.

Wednesday, November 17, 2010

Ben's Blog

Ben Horowitz is probably the only management guru (I'm sure he'd hate to be called that) who uses rap lyrics as epigraphs. Certainly, he's the only tech management guru who does. And yet "guru", in the tech/geek sense, is precisely what he is: sharp, knowledgeable, the go-to guy of tech management. He and Marc Andreessen are co-founders of the new tech venture capital firm called (what else?) Andreessen Horowitz. The firm's domain name is A16z.com (get it?).