Bestselling author Jason Jennings is the keynote speaker at the 2013 GHX Healthcare Supply Chain Summit taking place this week in Las Vegas. Below are the secrets of extraordinary companies based on Jennings’ research on innovative businesses that embrace constant change and achieve nonstop growth, viagra canada including IKEA, Nucor Steel, Apple and Starbucks.
Secret 1: Leaders who embrace constant change and achieve nonstop growth have a big noble purpose. It’s not what you do, it’s why you do it, it’s more than a goal – it’s the journey, provides the reason for going to work, builds the culture.
Secret 2: Leaders who embrace constant change and achieve nonstop growth are committed to a double-digit improvement in their annual performance
Secret 3: Leaders who embrace constant change and achieve nonstop growth let go (of ego, yesterday’s breadwinners, same old same old, conventional wisdom). When you let you, you are better able to deal with change, you stay more focused than your rivals, innovation happens.
Secret 4: Leaders who embrace constant change and achieve nonstop growth have cultures that encourage making lots of small bets. Constantly making small bets, scaling those that work and abandoning those that don’t
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. Rules for small bet cultures: no skunking (putting down ideas), everybody gets heard, commitment to failing fast – don’t fall in love with it because it might not love you back, learn not punish.
Secret 5: Leaders who embrace constant change and achieve nonstop growth are good stewards. Service over self-interest, abandoning power over others, preserving natural and human resources – understanding only thing that gives value to organization is the people, it is nurturing. Naturally share all the information – all the knowledge is shared with all the people. Are accessible, keep their hands dirty, are fearless about growth, stand for something, get rid of superficial distinctions, make everything better, are coaches and mentors, are called to serve.