In a static world a leader could shape the company to run itself and step away. But our world is full of change.
Employees – their ages, behavior, desires and events.
The marketplace – competition, technology, customer expectations, and costs,
Government and the world – interest rates, inflation, commodity prices, confidence, policies and regulation.
Even YOU are changing. If you want to grow 20% this year, a business that is 120% of what you are now, is a DIFFERENT business.
The day a leader steps away, physically or mentally, is the day the bolts start coming loose. It will always be necessary for a strong, informed, decisive leader to take the right action for the survival of the organization, and the success of its employees and customers.
Are you IN?
The world is full of stochastic variables…
In probability and statistics, a random variable or stochastic variable is, roughly speaking, a variable whose value results from a measurement on a system that is subject to variations due to chance.
Systems, like a business, that have even one stochastic/random variable require regular tinkering… Much like helming a ship, if you want to get where you want to go, regular course corrections are a requirement…
The world is full of stochastic variables…
In probability and statistics, a random variable or stochastic variable is, roughly speaking, a variable whose value results from a measurement on a system that is subject to variations due to chance.
Systems, like a business, that have even one stochastic/random variable require regular tinkering… Much like helming a ship, if you want to get where you want to go, regular course corrections are a requirement…
120% = 1.2
120%%= .12, or 12%
Just an FYI to those leaving comments about “%%” — this is a problem with WordPress trying to make extra-sure Larry isn’t an evil hacker breaking into the database. We’re working on a fix to make sure it doesn’t insert this extra character.
Thanks!