Strategy Review

This blog's purpose is to create a dialog on major strategic issues, evaluating strategies and providing insight into how to enhance our abilities to think,make decisions and lead strategically. It will focus on companies, governments and organizations of all sizes globally.

Sunday, March 1, 2009

JACK & SUZY WELCH...NEED TO CHANGE


The latest JACK AND SUZY WELCH BUSINESS WEEK column described the need to ADAPT when change is needed...Is this new news? It is clear that all SUCCESSFUL leaders, recognize that their game plan is not working and ADAPT...


I have spent the last 40 years of my life teaching what I call: ORGANIZED COMMON SENSE...this is what real leaders do, even if they have never been to MBA program, Executive workshop and so on... LEADERS have the ability to understand what is needed and then implement it...but when it is not working...THE ADAPT and respond to change...This is true in all fields...whether it is sports, politics or business. LOSERS DON'T ADAPT...


In today's world there are LOSERS who continue to follow the Script, even if it is wrong..and WINNERS who recognize the need to ADAPT and DO IT..


Unfortunately, we appear to be lacking in the number of ADAPTORS and have too many SCRIPT FOLLOWERS..


Bill Rothschild, author of the most objective view of a REMARKABLE and ADAPTIVE company, GE...whose current leader, Jeff Immelt is adapting, even when it hurts...THE SECRET TO GE's SUCCESS...and several blogs found on http://www.strategyleader.com/
By the way...the secret to GE's 126 year success is LATIN..."A" stands for ADAPTING.


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