Author Archive for: admin
“We tackle the tough questions that keep owners of privately held businesses up at night.”
The stark reality is that there is life cycle to everything. At some point even the greatest waterway has to be widened (the Panama Canal). A company built on rock-solid chemistry is blindsided by digital process (Kodak). A disease defeats its medicine (TB).
The Discipline of Market Leaders became a much revered business book in the mid-90s. At LEVERAGEDWISDOM the book generated vigorous discussion and ultimately disagreement with the authors.
Michael Treacy and Fred Wiersema claimed that market leadership derived from choosing one of three disciplines; operational excellence, product leadership or customer intimacy. To attempt to master all three would lead to weakness and mediocre standing in the market place. They offered extensive research and specific examples of companies who chose one discipline among the three and noted their prosperity. Read more →
A LEVERAGEDWISDOM Member, founder and managing partner of a prominent accounting firm, once described his workforce as divided among Finders, Minders and Grinders. In the context of a professional services firm one can quickly imagine what these roles entail: Read more →
Among the members of LEVERAGEDWISDOM is a new generation of entrepreneurs, including the sons and daughters of former members. I call them “Educated – Inventive – Driven.”
This new generation “gets” what LEVERAGEDWISDOM is all about and is predisposed to collaborative thinking and peer process. What took their parents years to acknowledge, “That no one of us is as smart as all of us,” these new leaders have already embraced as part of their educational process. Read more →