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Dear ScaleUps,
Hope itâs been a productive and purposeful week. Here are some insights/opportunities to help you outlearn/outthink the competition.
â¦your culture is how your company makes decisions when youâre not there⦠| |
Ben Horowitz, author What You Do Is Who You Are |
Latest ScaleUp News --
A small tech company tried it all to stop employee turnover. Only one thing worked (youâll be surprised by the answer); Lazard focuses on European Scaleups; Three Point Guide for India to Survive Slow Growth â this news and more at ScaleUps.com, your one-stop weekly update.
Time for Strategic Planning and the OPSP â Dec 9 Online Workshop
Check out the upcoming One-Page Strategic Plan Online Workshop. The One-Page Strategic Plan (OPSP) is a proven tool to help you get your team on the same page and enables quick, daily decision making at all levels of your organization. My clients often find the OPSP the most rapidly transformative tool, but itâs not easy to fill out. Thatâs why next Monday, Dec 9th, the Growth Institute and four of our Scaling Up Coaches are hosting an online workshop to guide you through the process of filling out your OPSP, step-by-step. Register today.
Google Founders Step Aside --
This NY Times article does the best job of any I read this week on detailing the departures of Google founders Larry Page and Sergey Brin. Notes NY Times:
In a letter announcing the change, Mr. Page and Mr. Brin compared their 21 years at Google to raising a child, saying now was the âtime to assume the role of proud parents.â |
And this note in the article is a nice summary of the reach and scope achieved by Page and Brin:
Google has grown to be dominant in several markets. Its search engine handles nine out of 10 internet searches, and the companyâs Android software powers roughly three-quarters of the worldâs smartphones. And for a generation of young people, YouTube, which Google acquired in 2006, has all but supplanted television. |
Please take 3 minutes to read this informative NY Times article â itâs an historic week in biz.
Does Culture Fit Hurt Diversity â and Other Myths --
The most important article Iâve read in a while is this HBR article that addresses four myths around hiring people for culture fit. It was a huge topic at the Bloomberg Breakaway CEO summit in London â and a key topic in Ben Horowitzâs new book (see below). My take, after reading and hearing a bunch of experts on the topic â you want to narrow the âculture fitâ down to just a handful of very specific values (and you need to make sure they are the right ones that truly represent your unique organization). The rest of what makes for a culture needs to remain fluid and change as strategy, markets, and times change. Please take 2 minutes to read the article.
What You Do Is Who You Are --
The must-read book of 2019, Ben Horowitz has written another classic What You Do Is Who You Are: How to Create Your Business Culture. I took away three key ideas among many:
Ben also prefers the term virtues over values. And because the book is rooted in history, it revealed some interesting historical facts I was unaware of which made the book fun to read. Itâs a book worth reading over the holidays (FYI, as an Amazon Associate, I earn from qualifying purchases if you get the book).
Create Shocking Rules --
One of the really new ideas around culture is Benâs discovery that successful cultures tend to include a âshocking ruleâ (Section in Chapter 2) that fits four rules:
It has me and my council thinking about that rule for Scaling Up. Examples Ben shares:
Coach Tom Coughlinâs âif you are on time, you are lateâ Jeff Bezosâs âno PowerPoint presentations in meetingsâ Mark Zuckerbergâs âmove fast and break thingsâ |
And after Facebook scaled considerably, Zuckerberg changed to âmove fast with stable infrastructure.â Itâs an example of how strategy, though it doesnât change values, does often require a change in culture i.e. âhow we do things.â
Join Me Feb 10 Sydney ScaleUp Summit --
More info next week and at this link
ORDER a BOX of 20 SCALING UP BOOKS --
Want to save 50% over the price on Amazon? Go to this link.
EXITING: Looking to sell the business in the next 18 to 36 months? Want to avoid the traps many sellers fall into with today's buyers? You can download the white paper Seven Traps Sophisticated Buyers Deploy Against Unwary Sellers from align5 advisors here
Write Your Own Book --
Whether you want to make it to the bestseller lists or just sell a lot more of your goods or services, with a profound competitive edge over the competition, Book The Business: How to Make BIG Money With Your Book Without Selling a Single Copy is for you!
Request your free copy of this ground-breaking book at advantagefamily.com/scalingup.
EDUCATION:
12-Month Scaling Up Masterâs Program London Kickoff: 6 â 7 February, 2020
Sydney Scaling Up Summit 2020 | Verne Harnish LIVE - 10 February, 2020
12-Month Scaling Up Masterâs Program Philadelphia Boot Camp Kickoff: September 2020
Scaling Up Business Growth Workshops
San Diego, CA - Dec 10, 2019
Vancouver, BC, CAN - Jan 14, 2020
Nashville, TN - Jan 14, 2020
Denver, CO - Jan 14, 2020
Atlanta, GA - Jan 15, 2020
San Antonio - Jan 15, 2020
Waltham, MA - Jan 16, 2020
Amsterdam, Netherlands - Jan 16, 2020
San Francisco, CA - Jan 16, 2020
New York City, NY â Jan 16, 2020
Louisville, KY - Jan 17, 2020
Ann Arbor, MI - Jan 29, 2020
Columbus, OH - Jan 31, 2020
Phoenix, AZ - Feb 6, 2020
Nashville, TN - Feb 18, 2020
Dallas, TX - Feb 20, 2020
Los Angeles, CA - Feb 20, 2020
Sydney, AUS - Mar 4, 2020
Sydney, AUS - Mar 18, 2020
Henderson, NV - Apr 28, 2020
Brisbane City, Australia - May 27, 2020
Sydney, AUS - Jun 11, 2020
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Portland, OR - Sep 15, 2020
Lancaster, PA - Oct 27, 2020
Costa Mesa, CA - Nov 10, 2020
Sydney, AUS - Nov 19, 2020
Atlanta, GA - Dec 9, 2020
San Diego, CA - Dec 15, 2020
COACHING:
Have you ever wondered if working with a coach might accelerate your company's growth, exponentially? Do you have what it takes to move the dial from good to great? The Scaling Up team is prepared to support you. We have helped 40,000 other organizations over the past 30+ years, in scaling up their organizations through coaching, workshops, online training and more.
We would like to offer you a complimentary, personal follow-up from our Scaling Up team to share how we can support you in scaling your organization.
YES! I WOULD LIKE TO LEARN MORE ABOUT COACHING& RECEIVE A COMPLIMENTARY FOLLOW-UP(CLICK HERE)
For questions or more information contact us at coaching@scalingup.com
TECHNOLOGY:
Execute Scaling Up Faster and Drive Accountability -- Drive Execution with Scaling Up Scoreboard, the official software tool for implementing Scaling Up â available online and in a mobile app. The technology behind Scaling Up Scoreboard is proven to help you achieve 3.5x more goals. Learn more at https://scalingup.com/software/ - on your computer, tablet or phone.
Better Book Club -- What's your team reading? Increase your books read per team member. Easy, Proven, and in the Cloud at http://www.BetterBookClub.com.
Growth Institute Online Executive Education:
Master of Business Dynamics
Scaling Up Master Business Course
Exponential Organizations Master Business Course
Topgrading Master Business Course
Did you miss previous insights? - read here
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