I love this analogy! You are holding a cup of coffee when someone comes along and bumps into you or shakes your arm, making you spill your coffee everywhere. Why did you spill the coffee? “Because someone bumped into me!!!” Wrong answer. You spilled the coffee because there was coffee in your cup. Had there been tea in the cup, you would have spilled tea. Whatever is inside the cup is what will spill out. Therefore, when life comes along and shakes you (which WILL happen), whatever is inside you will come out. It’s easy to fake it, until you…
#Mindspark 10: What capabilities do you need to win?
If you want to operate a bank, you must have the capability of raising the minimum regulatory capital requirements as well as other governance requirements by the regulator and your respective best practices. If you want to eat meat, you must have the teeth to chew it. You need the capability. If you want to operate a hospital, you must have the right skills and medical equipment. And if you want to teach MBA students, you must have the capability to deliver an outstanding lecture. What resources do you need to win? You can not operate a radio or tv…
Agility. Are you agile and fast?
Life is face-paced. Are you? You have seen people who take life so slow as if they will live for 120 years? They say things like, even if you run, you will stop. They forget that about the point at which you stop is far ahead of theirs! That is an edge when it comes to business. I am seated here at the Japanese restaurant and the layout is set to optimize efficiency in terms of time and Labour intensity. The menu is placed at the entrance. It is self-service. You see what you like, you press. Make your pick.…
