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Gillespie’s Hypothesis of Business

A different/lighter spin on business leadership.

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Gillespie’s Hypothesis of Business

  1. 1. Gillespie’s Hypothesis of Business Leadership•There is a difference between managementand leadership•Your business is NOT an exception.•80% of all businesses lack true leadership.•Gillespie’s Corollary: The 80% figure isprobably low but it fits into the ParetoPrinciple.
  2. 2. Leadership is…• Perceived that everyone knows it when they see it.• Few have experienced it.• Fewer understand it.• Even less understand the economics.• Blah, blah, blah
  3. 3. Moving ON• What do others say about Leadership?
  4. 4. Dilbert Principle• Coined by Scott Adams as a variation of the Peter Principle.• The most ineffective workers are systematically moved to the place where they can do the least damage: management.
  5. 5. Clarke’s 3 Laws Formulated by Arthur C. Clarke• First Law:• When a distinguished but elderly scientist states that something is possible, he is almost certainly right.• When he states that something is impossible, he is very probably wrong.
  6. 6. Clarke’s 3 Laws• Second Law:• The only way of discovering the limits of the possible is to venture a little way past them into the impossible.
  7. 7. Clarke’s 3 Laws• Third Law:• Any sufficiently advanced technology is indistinguishable from magic.
  8. 8. Brooks’ Law• Named after Fred Brooks author of “The Mythical Man-Month [Project Management publication]• Adding manpower to a late software project makes it later.
  9. 9. Amara’s Law• Proposed by Roy Amara• We tend to overestimate the effect of technology in the short run and underestimate the effect in the long run.
  10. 10. Edward’s Law• You cannot apply a technological solution to a sociological problem.
  11. 11. Finagle’s Law• Generalized version of Murphy’s law• Fully named “Finagle’s Law of Dynamic Negatives”• “anything that can go wrong, will”• There is no Finagle!
  12. 12. Hanlon’s Razor• Corollary of Finagle’s Law• “Never attribute to malice that which can be adequately explained by stupidity.”
  13. 13. Duffy’s Law• “Most people are wrong about most things most of the time.
  14. 14. Hlade’s Law• If you have a difficult task, give it to a lazy person; they will find an easier way to do it.
  15. 15. Murphy’s Law “the classic”• Ascribed to Edward A. Murphy, Jr.• “if anything can go wrong, it will”• Less common version: “if it can happen, it will happen”.
  16. 16. Peter Principle• Coined by Laurence J. Peter (1919-1990)• “In a hierarchy, every employee tends to rise to his level of incompetence”.• Also see Dilbert Principle
  17. 17. Pareto Principle• Named after Vilfredo Pareto• Framed by Joseph M. Juran• States that for many phenomena 80% of consequences stem from 20% of the causes.
  18. 18. Rothbard’s Law• “Everyone specializes in his own area of weakness”.
  19. 19. Reilly’s Law• Law of Retail Gravitation:• “People generally patronize the largest mall in the area”.• Location-Location-Location
  20. 20. Sturgeon’s Law• Derived from science fiction author Theodore Sturgeon (1918-1985)• “Ninety percent of everything is crud”.
  21. 21. Sutton’s Law• Named after Willie Sutton – bank robber.• Often cited in medical school to new doctors.• “Go where the money is”.
  22. 22. Law of Unintended Consequences• First developed by Robert K. Merton in 1936• “The actions of people (especially government) always have effects that are unanticipated or unintended”.• This law is largely ignored by politicians and popular opinion.
  23. 23. Parkinson’s Law• Coined by C. Northcote Parkinson (1909- 1990)• “Work expands so as to fill the time available for its completion”.
  24. 24. A successful man is one who can lay a firm foundation with the bricks others have thrown at him. David Brinkley
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