Saturday, August 14, 2010

WHAT AN INTERESTING LEADERSHIP PERSPECTIVE!

"We are in a time when significant change is needed for mankind... I don't mean technological change we already have enough of that. We need a significant economic, cultural and social evolution.

With such concerns as degradation of moral and ethical values, global warming (environmental concerns), complacency and stagnation (global economic problems, a substandard educational system, art and cultural creativity is in retrograde, limited free-thought, and so on...) and NOW, imprudence (incompetence runs the world, narrow focused thought, and a serious lack of vision), wastefulness of our resources, too much government intervention (Monarchy is dead, Nobility is dead, Democracy is dead, Socialism and Communism are dead), we need a revolutionary renaissance...

... Technology will not save us, only real convictions about our future will...

... We need out-of-the-box thinking, (the time is NOW to overcome this period of limited intellect). We are in a period like those who once thought of the world as flat. If we sail to far, we will fall off the edge on the far side.


As a powerful leader, I see no boundaries, no limits, only a distant horizon, I see beyond this vast sea of ostriches, and I long to push through to the other side..."

~ Richard Nusser, Entrepreneur, Businessman, Philosopher, Anthropologist, Artist/Photographer, Scholar, & Scientist;

TODAY'S VIP (VERY IMPORTANT POSE)

"However beautiful the strategy, you should occasionally look at the results."

~ Winston Churchill;

Friday, August 13, 2010

TODAY'S VIP (VERY IMPORTANT POSE)

"I love challenges. If you don't have any & can do whatever you want, then it's probably time to die."

~ Belgian martial-artist/actor Jean Claude van Damme;

Thursday, August 12, 2010

TODAY'S VIP (VERY IMPORTANT POSE)

"Humour helps us to think out of the box. The average child laughs about 400 times per day, whereas the average adult laughs only 15 times a day. What happened to the other 385 laughs?"

~ Author Unknown;

ENTREPRENEURIAL INSIGHTS FROM THE CORRIDOR


It is gratifying to know that a local start-up, a venture by four friends in 2005 while still studying at the NUS, by the name of tenCube, is being acquired by software giant McAfee for a price tag of close to S$15 million.

The company has created a proprietary technology known as 'WaveSecure' that lets mobile phone users locate, lock, back up & wipe the data from their phones in case they fall into wrong hands.

tenCube's CEO, Darius Cheong talks about the people who inspired him to be an entrepreneur:

1) His father's attitude of inquiry: [his father ran a printing company in Fuzhou, China, during the 1980's; now his siblings have taken over;]

"It was curiosity about how things work & can be improved. But it can't just be an intellectual pursuit as it needs to be profitable too."

"I also learnt that I should be always thinking about the business reasons behind things."

2) Stalwarts in the industry:

Bill Gates (Microsoft), Sim Wong Hoo (Creative Technology), Ong Peng Tsin (Encentuate);

3) His quirky neighbour:

The quirky neighbour in Silicon Valley, who turned out to be one of three of a business that eBay bought for US$50 million, claimed no special attributes, except being stubborn & not giving up.

"They only difference is that they (referring to those entrepreneurs in Silicon Valley) don't give up. For them, it's OK to fail & try again."

Darius Cheong's final parting words to all aspiring entrepreneurs:

"Mai kia si (in local dialect Hokkien for "do not be afraid to die"). Just do it! A lot of people can survive with a lot less. We can afford to take more risks."

[Source: 'Digital Life' supplement of yesterday's issue of the 'Straits Times';]

CAN YOU SEE YOURSELF AS A 21ST CENTURY VISIONARY?


Readers can go to this link to check for yourself as to whether you are a 21st Century visionary? It comes from Marcia Wieder, CEO of Dream University.

Wednesday, August 11, 2010

PRAGMATIC INSIGHTS FROM THE EXPERTS

"The easiest success measurement tool is a simple question:

What did you do today to move forward?

The easiest project plan on earth is also a simple question:

What will you do tomorrow to move forward?

At the end of each day, document your success & design your next move!"


~ Rich DiGirolamo, speaker, consultant, & trainer;

Tuesday, August 10, 2010

7 QUESTIONS TO CREATE A GREAT BUSINESS MODEL

1. Do you feel inspired by your organization's current business model?

If you are like most people, the answer will be "no." That's just the beginning of your learning. You should go on to ask yourself, what's missing to make me feel inspired by our business model? Go on to ask at least five other people, and exchange ideas about what is missing. As you think about potential business models, focus on those areas.

2. Does your company's business model provide greater economic and nonmonetary benefits for all stakeholders than the alternative of not doing business with your company?

In asking this question, consider each end user, customer, distributor, partner, supplier, employee, shareholder, lender, regulator, and the communities you serve. If not, what's missing? These answers should help you see where your business model could be improved to create a more supportive relationship with stakeholders where their self-interest is furthered by your success.

3. What would have to change for the economic and nonmonetary benefits your organization provides to double for each stakeholder?

Most people focus heavily on customers. But the most successful business model will distribute the rewards it generates in supporting customers extremely well to all those who contribute to enabling the company to operate excellently and to prosper.

Answering this question should flesh out whether your challenges are to push innovation in new directions, or simply to redirect the way the fruit of that innovation is shared. Most organizations will have issues in both dimensions.

4. How long would it take an existing competitor or new entrant to overcome your business model's advantages for stakeholders?

If the answer is less than ten years, you definitely have some work to do.

5. What are the biggest risks your company takes now that could set back your progress?

Although it is exciting to "bet the company," the most successful business model builders avoid doing so except when they see no choice. It only take one loss when the stakes are high for disaster to follow.

6. How can you change those big risks for smaller ones?

For example, if each new investment is too big for setbacks to be easily swallowed, can you share the risks and rewards with others? Of, if you lack resources, can you team with organizations that compliment your own?

7. If all of your business model improvement tests were successful, how close would they come to providing an outstanding business model?

If you are like many organizations, there will still be significant gaps. How can you fill those gaps? Tests aren't the only way to establish new business models. Sometimes new business relationships are needed because it will be too slow and expensive to add the resources internally.

[Source: Prof. Donald Mitchell, strategy consultant & author of 'The Ultimate Competitive Advantage: Secrets of Continually Developing a More Profitable Business Model', among many other great works;]

TODAY'S Q2P (QUESTIONS TO PONDER)

1) What is our Mission?

2) Who is our Customer?

3) What does the Customer Value?

4) What are our Results?

5) What is our Plan?

[Source: 'The Five Most Important Questions You Will Ever Ask About Your Organization', by Peter F. Drucker;]

TODAY'S VIP (VERY IMPORTANT POSE)

"People who have given up are ruled by their darkest mistakes, worst failures & deepest regrets. If you want to be successful, then be governed by your finest thoughts, your highest enthusiasm, your greatest optimism, & your triumphant experiences."

~ leadership expert John Maxwell;

MEN & MACHINES: IS THERE A TRUE DIFFERENCE, ULTIMATELY?

On Sunday night, I sat down with my two young nieces from Vietnam to watch the sci-fi fantasy movie, 'Terminator Salvation' on StarHub cable television for the first time. [The movie was released to the theatres only last year.]

It was supposedly the third sequel to the popular 'Terminator' movie series, which had Arnold Schwarzenegger in the principal lead.

In this particular one, Arnie was obviously missing, although there was a short CGI segment showing him as a menacing new-generation Cyborg.

The story plot wasn't as good as the earlier trilogy. In fact, it was somewhat confusing, because of the introduction of one strange character, Marcus (played by Sam Worthington) who was both man & machine, unlike the earlier fellow predators.

[There are some other seemingly confusing parts, but they are not the focus of this blogpost.]

To put it bluntly, he felt truly - psychologically & emotionally - like a human being [to the chagrin of his masters, known as Skynet], but fought precisely like a machine. He was originally a convict on death row, who was given a second chance by donating his body to scientific research, but was, unknown to him, rebuilt as a new generation Cyborg.

Nonetheless, the principal premise of the exciting movie quadrology had remained unchanged:

All the Cyborgs, under Skynet, were programmed with only one deadly mission: to hunt & destroy John Connor (this time, played by Christian Bale), the leader of men's last stand against machines.

To be frank, who cares, as long as the action sequences involving men & machines or rather Cyborgs were, as usual, terrific to watch, at least from my perspective as a movie buff.

In fact, I like the ending part, which more or less answers the question posed by me in this blogpost title.

After the final battle scene, with all the Cyborgs & the Skynet base destroyed, Marcus decided to give away his life to John, who was very badly wounded, in order for the latter to live. The last battle was won, but the war wasn't over yet. According to him, everybody deserved a second chance, just as he had been accorded.

That's when he uttered (with voice-over):

"What is it that makes us human? It's not something you can program it into a chip. It's the strength of the human heart. The difference between us & machines."

Wow! that's really great!


Monday, August 9, 2010

THERE ARE FIVE TYPES OF PEOPLE...

1) Those who make things happen;

2) Those who think they make things happen;

3) Those who watch things happen;

4) Those who wonder what the heck happen;

5) Those who didn't know anything had happened;

TODAY'S VIP (VERY IMPORTANT POSE)

"If you need to shake up your creativity, you first need to shake up your routine."

~ Author Unknown;

Sunday, August 8, 2010

TODAY'S VIP (VERY IMPORTANT POSE)

"The vision must be followed by the venture. It's not enough to stare up the steps - we must step up the stairs."

~ Vance Havne;