Saturday, January 2, 2010

CEO

Why great sport players are good references to teach some management skills?

My short answer is because they are able to integrate a huge amount of variables into performance.

If you go to www.Youtube.com and search for CEO you will get a video of Michael Jordan playing with a group of managers. Here is the video (very funny and useful).

My opinion is that CEO (Chief Executive Officer) should mean Chief Execution Officer in an attempt to Link strategy to operations and therefor to results. Every world class CEO has a pattern that responds towards several aspects that can be isolated. The Key elements I identify over these superformers (Dave Guerra) are:
1- Core Business expertise - the main revenue driver - the activity. The product, the service.
2 - Leadership skills - the ability to drive a team towards a goal.
3 - Communication skills
4 - Great balance between a particular vision and the operation needed to accomplish that vision.
5 - Fast Learners
6 - Luck = hard work

And don't forget. Every move counts!
Goldratt says that every move that doesn't put the company closer to it's goal it's not productive. I agree.

Video

My video conclusions are:
1- Competition is present every day in every activity. Some, are more visible than others.
2- 2 competitors in a market controlled by one player
3- Market risk that Jordan faces challenging John Rogers
4- Preparation is the key for competing in the marketplace. Self-confidence over the skills you mastered should drive to results. Be humble because if you aren't the market will get a competitive advantage. To have results in the long-term you can't stop training your skills, because you will loose efficiency as worker tomorrow.

Your thoughts are welcome!

happy new year
Ricardo Andorinho
MBUintelligence

3 comments:

Jeff SKI Kinsey said...

Most excellent observations. I love the remark about luck basically being the result of hard work. How true! --ski

MBUintelligence said...

thanks Jeff

Bruce Lewin said...

My opinion is that CEO (Chief Executive Officer) should mean someone who manages the organisations own values (economic and personal) with those of the external environment (customers, stakeholders, investors etc. etc.)