Tag Archive - business forum

Simplicity to Stimulate Innovation

Steve Levitt Freakonomics World Business Forum 2010 300x275 Simplicity to Stimulate InnovationCo-author of the best seller Freakonomics, Steve Levitt, took the stage at the World Business Forum to share stories about tax fraud, passing gas, and prostitution. This was definitely not a typical economics discussion, but a great storytelling experience. He expressed how some of the best ideas in business today are also the simplest ones.

“The best ideas are the simplest ones, and after you hear them they’re totally obvious, yet they evade us for years and years and years. You don’t have to be Albert Einstein or Stephen Hawking to have great ideas. You just have to think and keep your eyes open.” ~ Steve Levitt

He said the problem most businesses have is that they don’t make time to step back and think about things like academics within the organizations. Continue Reading…

Three Items About Social Technologies

Charlene Li World Business Forum 2010 300x263 Three Items About Social TechnologiesCo-founder of Altimeter Group, Charlene Li, spoke on the first day at the World Business Forum. She passionately expressed the value of social technologies.

“Social technologies are all about the relationships you can form.”

Here are a few items of interest and advice from Charlene Li: Continue Reading…

Three Key Elements of a Performance Culture

Carlos Brito World Business Forum 300x281 Three Key Elements of a Performance CultureDuring the World Business Forum, Carlos Brito, CEO of Anheuser-Busch InBev, explained to the audience his three elements of a performance culture: dream, people, and culture.

Dream:

Dreams are important because they set the bar. Once you set that bar it anchors everything. You have to dream big. Dreams have to be stretched but credible. And you have to know about 80 percent how you’re going to get there; the rest you can figure out along the way.

The dream has to inspire and align people. Organizations are formed by people… this is obvious, but that can be easy forgotten. If leaders work in harmony on that dream, the company goes forward. When company leaders don’t work together, things stall and often begin to fall apart.

Keep raising the bar; don’t be afraid to dare and try harder. Be public about it. Make it measurable. Be remarkable! Continue Reading…

Jim Collins’ list of 10 To-Dos For Successful Leadership

Jim Collins1 253x300 Jim Collins list of 10 To Dos For Successful LeadershipThis morning at HSM’s World Business Forum, Jim Collins, leadership expert and author of Built to Last and Good to Great shared a list of 10 to-dos for successful leadership:

1. Do your diagnostics. (There are free tools at www.jimcollins.com). Self-assess how you’re doing. Find weaknesses to improve upon.

2. Don’t focus on your career; focus on building pockets of greatness throughout your career.

3. Fill key seats with the right people. Ask yourself whether that’s the case in your organization. If not, start to make changes. Continue Reading…