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.