Can You Chew Off Your Own Fingers?

Can You Chew Off Your Own Fingers?

For a long time, I have been trying to figure out why large companies are not acting faster. I finally figured it out. They are not prepared to chew off their own fingers (metaphorically speaking of course) in order to survive and save the business.

This is where small companies have a huge advantage. The lean, mean fighting machines that you are.

They know

They know the wave of creative destruction is coming. They know their business model is being disrupted. They know that their organisational model is not fit for purpose. They know that their internal clock speed is too slow. They know that they need to redefine their purpose into something transformative. They now that they are focussing on the wrong metrics. They know their staff is disengaged. They know that their innovation attempts are not working.

They wonder

They are trying to figure out marketing, CRM and social media and how their customers now own the brand, making everything transparent (TripAdvisor on steroids). They are worried about sales and margins. They do not know where the next competitor is coming from.

They understand

They understand the importance of engagement, passion, serendipity, customer delight, digitisation, distribution, mavericks, sustainability, user experience, gamification, big and small data, anthropology, culture, future trends, flow, OKRs, design, scenario’s, storytelling and happiness at work.

Jack Reacher

As I was doing a talk to some CEOs two months ago, it finally struck me. The pain of taking the drastic actions that are needed is too high. Because in most cases, it would mean a painful, fundamental reorganisation and re-think of the business structure, the staffing and the business model.

And then there is the fear of the unknown. That applies to all businesses.

196 questions and two books to prepare you for 2017

We have a PDF with 196 questions and two books suggestion that will help you map your actions for 2017. No solutions, just a tool to make you think and reflect. After all, fortune favours the prepared mind.

E-mail me (This email address is being protected from spambots. You need JavaScript enabled to view it.), and I will send you the PDF by return.

 

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