Ian Gotts speaks regularly to business audiences and consequently has time to read, think and reflect on his discussions with senior business people. This blog is built on this thinking.
His latest book, Common Approach
Uncommon Results, has transformed how senior executives think about
creating sustainable business change in organisations. The book is available from the publishers,
www.Ideas-Warehouse.com or
Amazon.co.uk
Advice to new CEO's.
New CEO is given 3 envelopes by outgoing CEO and told if you fail to hit quarterly targets, open an envelope.
After problems in the first quarter, he opens first envelope which says "blame the previous CEO"
At the second quarter he's still behind target so he opens second envelope which says "blame the market"
ITs not going well, and after poor results for the third quarter, he opens third envelope which says "take 3 envelopes..."