Let's Talk Business Leadership Exchange 19 July 2011
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Let's Talk Business Leadership Exchange 19 July 2011

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Let's Talk Business Leadership Exchange 19 July 2011 Let's Talk Business Leadership Exchange 19 July 2011 Presentation Transcript

  • The Leadership Exchange
    Role Models for Success
    David James – CEO & Director, Brasserie Bread
    Mike Cannon-Brookes – Co-Founder & CEO, Atlassian
    Christopher Witt – Founder, CEO School; Founding Director, UNSW Centre for Innovation and Entrepreneurship; Partner, Kalori Group
    Moderated by Valerie Khoo
  • The Leadership Exchange
    Role Models for Success
    David James – CEO & Director, Brasserie Bread
    Mike Cannon-Brookes – Co-Founder & CEO, Atlassian
    Christopher Witt – Founder, CEO School; Founding Director, UNSW Centre for Innovation and Entrepreneurship; Partner, Kalori Group
    Moderated by Valerie Khoo
  • David James
    CEO - Brasserie Bread
    City of Sydney – Let’s Talk BusinessInnovation of an “Old World” industry
  • Innovation of an “Old World” industry
    Developed predictive algorithm to enable the “scaling” of the sourdough bread making process
    Developed company-wide intranet to systemize artisan baking business
    Worlds first online shopping service for artisan bread
    Integrated social media strategy
  • Predictive Algorithm
    • Sourdough Starter
    • 3 days to make bread
    • 14 days to build Starter
    • 100 Customers 50 products
    • Spreadsheet to database
    • Ease of Use
    • Reliability BEFORE Growth
  • TechnologyInside & Out
    TM
    Bread Board intranet
    Bakery Production
    Order Processing
    Packing & Labeling
    Delivery
    Financials
    CRM
    Public Website
    Static info
    Products interface to BB
    Training interface to BB
    Social media
  • Social
    Media
    Strategy
    *Twitter enables you
    to ENGAGE
    your community
  • Buy Online for In-store Pickup
    • Leverage existing IT infrastructure
    • Automatic “real” deadlines
    • Leverage existing logistics
    • Pay shop owners commission
    • Drive foot-traffic & develop business partnership with shop owners
    • Develop “RAVING” Fans
  • David James
    CEO - Brasserie Bread
    City of Sydney – Let’s Talk BusinessInnovation of an “Old World” industry
  • The Leadership Exchange
    Role Models for Success
    David James – CEO & Director, Brasserie Bread
    Mike Cannon-Brookes – Co-Founder & CEO, Atlassian
    Christopher Witt – Founder, CEO School; Founding Director, UNSW Centre for Innovation and Entrepreneurship; Partner, Kalori Group
    Moderated by Valerie Khoo
  • The Leadership Exchange
    Role Models for Success
    David James – CEO & Director, Brasserie Bread
    Mike Cannon-Brookes – Co-Founder & CEO, Atlassian
    Christopher Witt – Founder, CEO School; Founding Director, UNSW Centre for Innovation and Entrepreneurship; Partner, KaloriGroup
    Moderated by Valerie Khoo
  • Leadership in a Data-Dense World
    19 July 2011
  • July 11
    Leadership
    27
    What I Just heard
  • There seems to be:
    Unlimited potential – Let’s expand everywhere
    Too many choices
    Overwhelming data, but not enough clarity
    July 11
    Leadership
    28
  • July 11
    Leadership
    29
    Preliminary Survey
    How many of you are CEOs?
    How many of you have can itemise a clear set of 5 key Performance Indicators?
    Do you track these Monthly?
    Can you specifically state what your business boundaries are? What do you do, and what you do you not do?
  • Common problems for CEOs
    Lack of vision – in the name of being “Flexible” or “Opportunistic”
    Struggle for Control – failure to delegate in the name of “Quality”
    Avoidance of making choices – thinking we can have it all
    Uncomfortable with missing out – stretch too thin
    Sweating the small stuff (or possibly sweating the wrong stuff!)
    July 11
    Leadership
    30
  • July 11
    Leadership
    31
    What are the scarce resources?
    Management Bandwidth & Energy
    Teamwork
    Timely decision making
  • July 11
    Leadership
    32
    What are the scarce resources?
    Management Bandwidth & Energy
    Teamwork
    Timely decision making
    Let’s protect & preserve these attributes religiously
  • July 11
    Leadership
    33
    The Long & Winding road – Leadership needs to blend & decide
  • Fact 1
    Numerous studies have shown that decisions made under time pressure and without data, generally suffer little in quality from those decisions with ample time & data. Instincts are an amazing feature of human learning.
    Moreover, there are clear benefits from timely decisions only part correct, versus late decisions more correct
  • Fact 2
    The human mind tends to over-estimate the pain of a possible mistake.
    Then, the mind under-estimates the time needed & ability to bounce back from a mistake.
    Result: Caution, dwelling on failures, and low risk taking; a perfect survival strategy for a Neanderthal
  • What are some lessons from success stories?
    Learn to love the word “No” – it will save you a lot of wasted time and money chasing situations with little prospect
  • What are some lessons from success stories?
    Learn to love the word “No” – it will save you a lot of wasted time and money chasing situations with little prospect
    Seek to find a “fit” with others, rather than sell them on something they may or may not really want
  • What are some lessons from success stories?
    Learn to love the word “No” – it will save you a lot of wasted time and money chasing situations with little prospect
    Seek to find a “fit” with others, rather than sell them on something they may or may not really want
    Fearless & curious – ask Why, rather than What from your Partners & Mentors
  • What are some lessons from success stories?
    Learn to love the word “No” – it will save you a lot of wasted time and money chasing situations with little prospect
    Seek to find a “fit” with others, rather than sell them on something they may or may not really want
    Fearless & curious – ask Why, rather than What from your Partners & Mentors
    Leaders empower others, and stream line to reduce barriers
  • What are some lessons from success stories?
    Learn to love the word “No” – it will save you a lot of wasted time and money chasing situations with little prospect
    Seek to find a “fit” with others, rather than sell them on something they may or may not really want
    Fearless & curious – ask Why, rather than What from your Partners & Mentors
    Leaders empower others, and stream line to reduce barriers
    Decide to decide! Timely matters more than Perfection.
  • July 11
    Leadership
    41
    What does great Leadership look like?
  • July 11
    Leadership
    42
    It’s not like this!
  • Set the agenda for your team
    Setting goals is the first step in turning the invisibleinto the visible.
    ~ Tony Robbins
    July 11
    Leadership
    43
  • July 11
    Leadership
    44
    Focus the Team via a “Dashboard” based on Critical KPIs
  • Great Leadership maps out:
    July 11
    Leadership
    45
    Vision – what we do, and equally, what we don’t do!
    Priorities
    Delegates - Accepts mistakes of others are a cost of doing business
  • July 11
    Leadership
    46
    Thanks for having me this evening!
  • July 11
    Leadership
    47
    Contact Details
    The Kalori Group
    131 Macquarie Street, Level 14
    Sydney, NSW 2000 Australia
    Mobile: +61.4.2844.2844
    Email: cwitt@kalorigroup.com
  • The Leadership Exchange
    Role Models for Success
    Thank you for your participation in this year’s Let’s Talk Business series.
    Tonight is the final seminar for 2011.