This is a fabulous article and information…….I am a solutions provider and being a top down thinker is critical to being successful in this or any management and leadership role
Excerpt……For the first 5 years of my career I was a “bottom up” thinker and worker. I assembled tons of data, grouped things, found results and drew conclusions. It was difficult to make the transition to a “top down” thinker but as a senior executive – and as an entrepreneur – you’re far less effective without this skill in your arsenal. You need to be able to structure problems / solutions at the appropriate level to communicate effective and drive decision-making.
The difference is in formulating hypothesis then testing conclusions / data vs. assembling data and finding patterns. I know it might sound a bit esoteric so let me explain:
Read full article….via The Benefits of Top-Down Thinking & Why it is Critical to Entrepreneurs. From Mark Suster
Small business global or no……here is a list of the top 10 reasons your peers did not go global.
Excerpt…..Turn to a friend or colleague who runs a small business and ask, “Are you global?” More often than not they will say, “No, not yet.” And this is usually a business owner who’s had his or her business for more than two decades. What’s the holdup? You can ask, but in my experience, responses generally fall into these top 10 excuses.
Read full article……via Top 10 Excuses For Not Going Global : The World :: American Express OPEN Forum.
Enjoy today’s and the week’s mix of news and information dedicated to entrepreneurs and small business owners.
If you have time, please explore posts you may have missed in earlier weeks. Remember, I am working to help create the best of the best leadership!!
Good basics — filed under accounting, management, leadership and governance…….I can’t even count the number of times a business owner asks “how” to take the numbers and build out a what if forecast…
Excerpt….Building a very basic financial model is a combination of art and science. There are no rules (outside of basic accounting), so don’t allow yourself to get stuck in the details on the first go-around. The beauty of a financial model is that it can be refined and tweaked over time — so long as you’ve constructed one that is sufficiently flexible.
Read full article…..via Basic Financial Modeling for the Enterprise SaaS Business | OpenView.
Great read….. Filed under entrepreneurs and startups…..
Excerpt…..Challenging everything you think you know
Read full article……..via Five myths about entrepreneurs – The Washington Post.
Here is the follow up to the story posted earlier this week…….Leadership and Management
Excerpt……For most public companies, the 2011 annual meeting season is now over, and the first mandatory say on pay vote is behind them. Thus far, more than 2200 of the Russell 3000 companies have held say on pay votes in 2011. This White Paper analyzes the results of this year’s say on pay vote across several metrics.
Read full follow up here……via The Votes Are In — Deconstructing the 2011 Say on Pay Vote — The Harvard Law School Forum on Corporate Governance and Financial Regulation.
I am a solutions person……..here are some good steps to problem solving for entrepreneurs and small business management.
Excerpt…..People who are good at problem solving are some of the most valuable and respected people in every area. In fact, success if often defined as “the ability to solve problems.” In many cultures, this is called “street smarts,” and it’s valued even more than “book smarts.” The best entrepreneurs have both.
Read full article…..via 9 Steps to Effective Problem Solving | Inc.com.
Good information and good read. Filed under leadership and small business.
Excerpt…..Business leaders from a variety of industries have joined with the World Resources Institute (WRI) to launch a new initiative to identify breakthrough sustainability solutions for businesses.
Read full article……via Business Leaders Join to Identify Breakthrough Sustainability Solutions. From Sustainable Business
I think emulating Steve Job’s success is a good thing…..here are lessons of how-to. Filed under management
Excerpt……Great leaders like Apple’s CEO are supreme visionaries and marketing geniuses, says executive leadership expert Paul David Walker.
Read full article…via Leadership Lessons from Steve Jobs | CFOworld. From CFO World
Leadership and small business owners……here is a helpful checklist …Filed under management.
Excerpt…..From my development work with hundreds of managers in dozens of leadership programs, I have concluded that their thinking and experience point to just 15 mission-critical leadership principles that vary surprisingly little among companies or countries. Here is that set of core principles for leading a small or mid-sized enterprise that has moved beyond the start-up stage:
Read full article……via The Leader’s Checklist For The Startup Manager : Managing :: American Express OPEN Forum.
News to watch if you are an AT&T customer……..small businesses rely on their smart phones a lot……read on
Excerpt…..AT&T has announced that starting on Oct. 1 it will throttle the data speeds of users with unlimited data plans who exceed bandwidth thresholds on its 3G network. AT&T is following in the tracks Verizon and Virgin Mobile in reducing data throughput speeds of its heaviest mobile data users. With more data-intensive apps being published everyday, how will AT&T’s data throttling affect users’ mobile experience?
Read full article……via AT&T to Start Data Throttling, How Will It Affect Users?. From ReadWrite
This is good advice for all small business owners and entrepreneurs….and mandatory learning if you are global or plan to be.
Excerpt…..In today’s globalized world, it is essential to know how to collaborate with people from different cultures. While this used to be the case primarily for country managers and those taking on overseas assignments, it now applies to all managers. But exactly how does one learn to become a better global collaborator?
Read full article……via Be a Better Global Collaborator – Amy Gallo – Best Practices – Harvard Business Review.