Raising money

We have found it's good to do what they say

CHELSEA — Where has all the money gone?  That’s a question I discussed with senior change leaders at two great international businesses this week.

When they bemoaned their business’ inability to spend, or it’s continued focus on cutting core costs, I pointed out the money their companies are sitting on.

Great big piles of cash.

That’s what businesses have in their bank accounts at the moment. And so long as they won’t spend it, then the economy will still stutter along.

How do we change that?

Hard to say.  If you’ve known a lot of rainy days you’re going to find it hard to change your behaviour.

What can you do?

We do have one idea.  You can put some of your own money into helping those less able to help themselves.

We’re running… almost all of us at Able and How… on June 14, to raise money for Crisis.  It’s a good charity for an important cause.  And it’s one (small) way to put money back into the economy — where it is needed most.

Some of us run funny, apparently.  And some are taking it quite seriously.  Some of us will be running fast just to get away from those who run funny.

Would you sponsor us?  We’d like it if you did.

www.virginmoneygiving.com/team/AbleandHow

Meanwhile we’ll keep working on getting the economy going again.

Thanks

/df

Leadership and transformation: It’s not what you think


BALTIMORE TRAIN STATION — Harvard Business Review has a cover story about Apple founder Steve Jobs.

THE REAL LEADERSHIP LESSONS OF STEVE JOBS

The title is not capitalised like that, but it might as well be.  It screams from the news-stand. And maybe some people will part with $25 to buy a copy.

Unfortunately the article fails where almost everything else I have read on leadership does as well: it’s too specific and not useful enough.

The leadership lessons or Mr Jobs go roughly like this:
1. Focus
2. Simplicity

And then, remarkably, there are 12 more lessons that follow that.

Twelve.

Fourteen in total.

I have always said — having worked through university as a tennis instructor — that the moment you ask someone to do more that one or two things they couldn’t hit anything.

John P. Kotter in many other HBR articles insists that leaders focus on one or two things.

And then there are some of the other leadership gurus who say they’ve boiled it down to 4 things (plus 2 more)… or 5.  There are definitely only 8 says another.

One day I will make a list.  I can say for sure though that in HBR’s 10 “must read” articles on leadership there are no less than 61 things that great leaders must do.

Is it any wonder consultants and business researchers have a bad name!?

Kowabunga.

As I head into another week delivering low-key leadership training for one of the world’s biggest companies, I remain convinced of one thing.

That’s ONE thing.

There are only a few things that leaders need to know how to do.  One of them you’re going to be good at — even really good at.  One of them you’ll be… okay.  You can do it.  But you may not like it, or you may be less good at it.

And one thing you’re probably going to be quite bad at.

But that’s okay too.  You can learn.

Yes you can.  You can learn to make up the difference.  It’s not magic.  It’s just practice and learning.

We’d be happy to talk to you about it.

We’ve been doing it for many years.  For thousands of executives.  You’d recognise almost all the company names.  (It might even include your business!)

Just don’t try all 14 of Steve’s “real leadership lessons”. Life’s too short.

/df

Details, dress & diplomacy: Why your big brain won’t always be enough

LONDON — There are several converging thoughts in this article.  All of which are probably likely to get me in trouble. For this is a topic that we should be able to talk about, but many forces conspire against it.

As background to this, there are a few things going on in the business.  We are interviewing right now.  I am off to run another week of Leadership Communication courses. And some clients work doesn’t always turn out in ways we intended.

In many respects we at Able and How can be very self-assured.  We KNOW that we can make businesses better.  We KNOW that our approach improves the way you change and the way you communicate.  But that knowledge and the ability to implement it is not enough.  That knowledge alone would not make us a successful business.

Details

Everyone is writing these days.  Texts, status updates, emails to lovers, friends, bosses and prospects.

So why are we getting worse at it, not better?

We are getting lots of CVs — probably the majority of what we receive — with basic spelling and grammatical errors.  I am quite sure that’s not because people are illiterate.  I really don’t think that’s the case.  I think they just don’t pay attention to detail.

“I wrote it.  I’m smart. Therefore my cleverness will shine through.”

Well… it don’t.

Take a minute to re-read it.

We sometimes struggle ourselves with that.  And goodness knows there are enough mistakes even in the series of blog posts to keep a sub-editor smug for months.

But a typo is the first sentence of your application letter is not going to help you.  Nor is spelling our company name wrong.

Same goes for all other work and planning.  Don’t say you’ll meet at 8 and show up at 8:15.  That’s not 8!

Don’t go over budget… Don’t.

Invest the time up front to master the details.  Re-read your letters, emails and texts.  Manage the little things properly.  That allows your big brain to shine through without anything getting in the way.

Dress

People used to be taught etiquette for things like Debutante Balls, or graduation ceremonies, or in case you met the Queen.  But somehow the idea of being presentable has passed out of fashion… It has been deemed to be anti-democratic somehow.

Apparently messy hair and manky shoes are the basis of democracy.

I always stop on my way into client meetings and buy mints.  I iron my shirts.  I don’t wear Homer Simpson ties.  I wear a tie!

Whether you are working with colleagues or clients (or interviewing) you want to project a favourable impression.  Sometimes that means having some mirrors in your house.

I also (controversially) feel that table manners are an issue.  I sat with someone recently who paused partway through a meal to lick her knife from end to end.  I had a physical reaction.

My rule of thumb (well it works for me) is “What if I ran into some of my grandmother’s friends?”  Essentially you want to show that the distance between your bed and the bus to work passed by some water and brush.  And that some of your clothes get hung up when your not wearing them. Etc.

Diplomacy

So if you’ve got the details right, you’re dressed like Cary Grant or Audrey Hepburn (careful which you choose), and so you’re sorted.  Right?

Except then you:
- make a joke about Mexicans (ah, yea, my wife is from there),
- you describe your current boss with a tangled urology-gardening metaphor,
- you volunteer information about a lost weekend in Amsterdam,
- to liven up your pitch you toss in a few unnecessary, four-letter Germanic words,
- and on it goes.

These are all real example.  And I haven’t spoken of the lady who came in in heavy green eye-shadow and a green body suit and said: “All I really want to do is dance.”  Or the guy who mock ‘shot’ me with his fingers at the end of an interview.

Yes, it takes all kinds, but a number of the errors cited above are mine.

It takes some discipline and practice.  But it’s worth it.

Show the world that the bits hanging off that big brain of yours can still hear, see, (smell?) and learn things.

/df

The fine line between business vanity and genius…

FULHAM — The title should read: “The fine line between business vanity and genius: that’s change management.” But it was too long.

I have just read about the Galacticos Island this morning.  A billion-dollar plan to build a Real Madrid theme-park island in the UAE.  It was being derided as a wild and silly idea.  [...]

Change is good

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Change is what we say we want when we’re unhappy.  It can cure loneliness, boredom, stress, and, some say, cancer.

Change is a vacation.  It’s hard work.  It’s learning to catch [...]

Consulting: The Tuna Fish Sandwich Rule

HYDE PARK — Listen up. Especially if you’re new to consulting, or if you travel a lot on business.

A fellow called Tom Aiken (not the cook) taught me this important life lesson in a restaurant by the river in Philadephia… about 15 years ago.

I have always remembered.

“My wife and I have an agreement,” he said.  “When I am travelling on [...]

2012: A year of change

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What is more significant in a country than a change of government?

And that’s what is promised in India, Malaysia, Taiwan, Serbia,  Kuwait, El Salvador, The [...]

Heart and Seoul: Why I want to work in Korea

LONDON — It’s been hard not to think about Korea this week.  But I have different things on my mind.  Not the loss of a dictator.  Not the worry that still has South Korean’s practicing evacuations like WWII Britain and Cold War America.

I am thinking about Korea’s fertile business culture and the country’s uncanny ability to reinvent itself, rebuild and [...]

M & A away… Change will bring more merger activity

LONDON — I talked to an M&A banker on the weekend.  Made me think of my time at high school dances.  Always standing on the wall, trying to look cool.  But never out on the actual dance floor.

The merger and acquisition market is a bit quiet at the moment.  And amen to that.  We’re busy enough without it.  Businesses are [...]

When communicators attack

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In summary, some journalists pretended to be wealthy potential clients from a large foreign country and they recorded the communications professionals bragging about things they shouldn’t [...]