Gen. Krulak’s Law of Leadership!!

Charles Krulak, a retired General in the US Marines, created some powerful insights about leading a group or team of people. Namely that the closer you get to the front lines (or customers) the more power you have over the brand.

He postulated that within the space of just three adjacent city blocks, Marines may be required to conduct full-scale military action, peacekeeping operations and humanitarian aid. Krulak’s conclusion is that modern militaries must be trained to operate in all three conditions simultaneously, and that to do so, leadership training at the lowest levels needs to be high.

Substitute the words ‘modern militaries’ with ‘modern companies’ and I believe this applies to your firm just as much.

A Leader’s main responsibility is to ensure that their team makes the right decisions. So, how to do this?

  • Offer them freedom to fail and the opportunity to succeed
  • Micro-management must be a thing of the past
  • Supervision must be complemented by proactive mentoring
  • Empower them, hold to strict accountability for their actions
  • Allow the leadership potential within to flourish

These principles were so effective that in 2015 the Krulak Institute for Leadership, Experiential Learning and Civic Engagement was formed.

Remember the future of your organization is in the hands of the privates (team members) not the generals (officers) back home.

You can read more here: https://bit.ly/2V7iIsK

Hope you find this helpful.

Steve Brody

Elon Musk: 7 Most Important Words!

Elon Musk, CEO of Tesla, SpaceX, plus other firms has not been known as a particularly modest Leader.

Recently he stated…..I’m the chief engineer of this thing, so I’d just like to say that if it goes right, it’s credit to the SpaceX-NASA team,” Musk told CBS This Morning before the initial launch date Thursday. “If it goes wrong, it’s my fault.”

Those last seven words are the key: If it goes wrong, it’s my fault.

Is it possible that he finally has matured? Or maybe he actually had it in him all along. If you want to lead people successfully you must do two things…..

Share the credit

Take the blame

Something that all CEOs should pay attention. It helps to motivate your team. You can read more from this Inc article

https://www.inc.com/bill-murphy-jr/with-7-short-words-elon-musk-finally-said-right-thing.html.

Hope you find some insight from also doing this!

Steve Brody

Learn from McDonald’s menu change!!

During this time of operating in an unusual environment, what might we learn from some recent actions taken by industry leader McDonald’s?

Due to requirements to change the operating procedures, as a result of COVID 19, it forced the firm to quickly evaluate how to adjust their products from what was a previous, normal restaurant condition. Including what products were offered and when.

Here is a 7 point checklist that could be helpful to most any business:

  1. Simplify production
  2. Streamline your distribution
  3. Maximize margins
  4. Reinforce customer habits
  5. Get ahead of the competitive landscape
  6. Take the opportunity to readjust
  7. Control the timing

You can read more here

Hope you find some insights here.

Steve Brody

Brody & Associates

How to protect your business from the Virus!

What can you do to protect some of your most valuable assets…..your firm, your employees, your family and more? 

Here is a collection of suggestions and resources that you might find valuable. 
Including how to protect employees…..your company……your customers…..your shareholders

Read more  Here 

       Steve Brody
     Brody & Associates 

What Focus Really Means!!

Read lessons from Bill Gates, Warren Buffet, and Steve Jobs.  When asked about the keys to their success……response was emphasizing a singular focus to major goals in their life.

For Gates it was his singular drive to master the computer world and its uses.
For Buffet it was his dream as a kid, to get rich by focusing on the right investment choices.
For Jobs, it was the discipline to learn how to say NO to most things and only move forward with a select few!

Some strong insights here…….Read more   

Hope you find it valuable.

     Steve Brody
     Brody & Associates

Use the rule of 3 to focus!!

The US Marines have used a simple principle for many years to focus & improve performance & productivity.   It is called the  Rule of 3 

The results have been something short of phenomenal.  The ability to focus…..to set priorities…..to remember a short list…..and improve productivity have been impressive. 

Read more about this  Here

You might just try it in your organization plus your life.

Hope it is valuable!! 

     Steve Brody

A Lesson in Emotional Intelligence

Jeff Bezos at Amazon showed how to effectively use Emotional Intelligence.  Amazon is long known for a focus on Innovation……but not every project succeeds.

Look at how he treated a recent failure to incentivize learning and growth.

Lessons everyone can learn!!

Read more at  Here 

Hope you find it valuable.

    Steve Brody

When Apple lost $10 B…..what it means to you

Apple lost $10 Billion in market value in 2011, after they announced Steve Jobs retirement. 
What could this possibly mean to you?  A privately held firm. 

It’s all about a firm being…..Owner Dependent.    Business value can be very fragile…..how dependent on you, is your firm?    What can you do to avoid yours dropping? 

Read more here

Hope you find this valuable

     Steve Brody 

   CEO Coach
   NAVIX  Exit Planner
   Strategic Planning facilitator 

Micromanaging is not managing at all!!

 Micromanaging is actually a sign of weak management.  So what is your leadership style?

Some key considerations are:

  –  It destroys your focus

  – Forget about others taking ownership

  – If it is them…..it’s still up to you

  – Get over yourself

  – Delegate don’t abdicate

  – Slow down   

The above is easier said than done….but pay attention to the consequences   

      Read more at: https://bit.ly/2OQntVp   

Hope you find it valuable
 
      Steve Brody
     Brody & Associates

The Recession is coming….The Recession is coming!!

But when will it arrive?  And which expert or economist will you listen to this time around? 
It has been said the forecasters have predicted 9 of the last 5 recessions. 

So what will be the impact on your firm or your plans?   It just might effect how you think about the timing and impact of considering that Exit Plan you have been keeping in mind. 

Read more about the key elements from one of the top Exit Planning firms in the U.S.
Navix Consultants has some valuable insights shown  here   

Hope you find it valuable. 

     Steve Brody
     Brody & Associates