Ir was in the early 1950’s when the concept of “management by objectives” was introduced by Peter Drucker. The idea was that the boss would agree a set of goals for the year with each subordinate and then review the performance against these goals. Managers also learned about the acronym SMART for goal setting meaning goals had to be specific, measurable, achievable, realistic and time-bound. This methodology of goal setting has become so established that few managers have actually questioned if this approach works.
One of the most important ideas that you should be aware of that has the potential to change your life is the concept of Less is More and the 80:20 rule. The 80:20 rule is also referred to as the Pareto Principle after the name of the famous 19th century Italian economist and philosopher called Vilfredo Pareto. There are two wonderful books I highly recommend that are devoted to this subject called the 80:20 Principle by Richard Koch (see https://richardkoch.net/2012/11/the-8020-principle-2/ ) and The One Thing by Gary Keller and co-author Jay Papasan ( https://www.the1thing.com/ ) that go into detail about the power of this principle. This article provides an overview of the key elements of the principle.
You go shopping for office clothes — and end up with three casual shirts and two pairs of jeans you just knew you wanted. You decide to go for a salad and soup meal and end up in an expensive restaurant with an impressive menu and end up ordering much more than you can eat. None of these incidents is unusual, but as time passes, your choices amount to a mounting and consistent trade off: You’re choosing pleasure now in exchange for some possible financial discomfort in the future.
Walt Disney is known for his imagination and ability to come up with incredibly creative ideas in converting fantasies into realities. His innovation and creativity helped to make Walt Disney a global brand and business organization. His most used method was to look at a topic from different angles including how others particularly audiences would view the idea. This pattern of thinking became known as Brainstorming using the Walt Disney Method and was further developed by Robert Dilts, an expert in Neuro-Linguistic Programmig (NLP)…
An extract from the book “The Strangest Secret” by Earl Nightingale, a famous radio show host, in the 1940’s and 1950s. He was also a successful entrepreneur, author and motivational speaker.
The amazing message that has now become known as the Strangest Secret was first played for a group of salespeople at Earl Nightingale’s insurance agency. They were utterly electrified. Word of it spread like wildfire, and everyone who heard it was positively ignited into action.
Based on an article by Joseph Grenny in the Harvard Business Review
It is not easy to exactly identify how to be creative. Creativity feels like a miracle when it arrives and we may never be able to isolate the variables that generate it. But it is possible to create the conditions to invite it.
Most leaders and managers have a strong desire to jump in and get involved with problem solving directly. Human nature has a part in this. It’s called “fixing things”. After all, the expectation that people have of their leadership is to fix things for them..