article thumbnail

Your eye of the needle: Do you worry over bottlenecks?

Berkonomics

Think for a minute whether there is any process or person that could be classed as the eye of the needle in your organization. But the unintentional effect was that she inserted herself into every process as the bottleneck that actually defeated her goal of making her organization a model of efficiency and quality. The lesson learned.

article thumbnail

Wow! Are your relationships important!

Berkonomics

Email readers, continue here…] I am chairman of the Technology Division of the ABL Organization, a roundtable organization with multiple CEO roundtables of about twelve members each, meeting monthly. 15% might be spent networking with those in the CEO’s relationship circle, including the roundtable organizations.

Class 194
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Do you empower others?

Berkonomics

So, we’ve previously discussed why it is important for you to build consensus in an organization in most every major decision. If you’re secure in your position, you should never fear empowering direct reports to make decisions that fall within the resources allocated to them and within the budget agreed to with them.

Report 156
article thumbnail

Meetings insight: Just three actionable items!

Berkonomics

She holds a weekly meeting of her direct reports and asks them to find three important but actionable items for the group to work on if not complete during the following week. Execution agility , where members of the group inspire the organization to execute in a new direction and adjust course as events unfold.

article thumbnail

Hire as if your survival depends upon it.

Berkonomics

Email readers, continue here…] As an investor and board member for numerous companies, it is increasingly easy for me to quickly evaluate the quality of senior team members in an organization as I probe for strengths and weaknesses in the enterprise. How this reflects upon you and the senior team.

article thumbnail

Why not share your liquidity success with those who got you there?

Berkonomics

If there have never been outside investors to organize such an option program, many CEOs never get around to creating a system for rewarding employees in a sale. Email readers, continue here…] Now, there are three kinds of exits. Usually, the higher the ranks, the more the options held and therefore the greater reward at exit.

Sales 480
article thumbnail

Have you found your “teacher customer?”

Berkonomics

How it works: Together we would work out solutions in the form of new functions, new controls, new reports, and new safeguards. Next week we will focus upon product quality and its effects upon the organization. The customer would be the first to receive the new functionality in a new release. We have explored feature-functionality.

Customer 156