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21) Summary of Harvard Business Review, Peter F. Drucker, Daniel Goleman & Bill George's HBR's 10 Mus
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#1 The most effective leaders are those with high emotional intelligence. They are able to identify and deal with their emotions, as well as the emotions of others, and they are able to motivate and inspire others.
#2 The best leaders are not just good at their jobs, but also have emotional intelligence, which is a group of five skills that enables them to maximize their...
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#1 The difference between the strategies of Murphy and Paley was that Murphy's goal was to make his company more valuable, while Paley's goal was to make CBS larger. Murphy's peers at other media companies did not follow this path, but instead tended to follow fashion and diversify into unrelated businesses.
#2 Roll-ups are a type of acquisition in which a company acquires...
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Book Preview: Steve Jobs was recognized worldwide for his remarkable skills at presentation, product marketing, and communication. In “The Presentation Secrets of Steve Jobs” ( 20 10), Carmine Gallo uncovers the Apple co-founder's outstanding presentation strategies and creates a guide for anyone who wants to become an exceptional communicator like Jobs. Gallo highlights key presentation...
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#1 The modern business environment is shaped by two imperatives. In markets where you want to be the disruptor, you must catch the next wave. In those markets where your current franchise is the incumbent and is under a disruptive attack, you must play defense to prevent the next wave from catching you.
#2 The process of catching the next wave and participating in rapid...
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#1 The three capabilities of digital technologies are ubiquitous data, unlimited connectivity, and massive processing power. They are changing how we live and how we do business. No matter how beloved or essential their existing products, businesses must constantly enhance their customer value propositions to capitalize on the capabilities of digital technologies.
#2...
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#1 Tribes are the basic building block of any large human effort, including earning a living. They influence more than teams, entire companies, and even superstar CEOs. They decide whether the new leader will flourish or get taken out.
#2 The Tribal Leader is the person who upgrades the tribe, or the group of people, as the tribe embraces the leader. The leader and the...
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#1 The same can be said for all of our senses. We often listen but don't really hear, touch without really feeling, and look without really seeing. To illustrate this point, I assigned a similar project to students in one of my courses. They were asked to take a silent walk for an hour, and to capture all they heard and saw.
#2 Your first step toward developing a passion...
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#1 The decision to have a child is not a matter of economics, data, or rationality. The decision to have a child is a wild problem. The decision to have a child is what I call a tame problem, one that can be solved by importing help from other challenges we've faced and solving them. But the big decisions in life, whether to marry, who to marry, whether to have children,...
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#1 Fear is a major factor in people's inability to negotiate. It affects people who negotiate every day, whether they are executives or not. The biggest fears are losing the deal and damaging the relationship.
#2 People are often afraid to negotiate for themselves. They fear that the other side will walk away and lose the deal, particularly when the negotiator does not...
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#1 Blake had been with Dynastar for ten years, and he was finally ready to make a decision. He could stay with the company and hope for a bright future, or he could take an offer to be the CEO of a small business in a nearby community.
#2 Megan was not sure if she could trust Blake to lead the company, but she knew she could not lead a team of cross-functional employees....
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#1 A business model describes the rationale behind how an organization creates, delivers, and captures value. It is like a blueprint for a strategy to be implemented through organizational structures, processes, and systems.
#2 Customers are the heart of any business model. A company must make a decision about which segments to serve and which to ignore. Once this...
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#1 We must be active participants in shaping our future. We must seek out opportunity by strategizing with the resourcefulness and adaptability of a start-up entrepreneur, and we must draw opportunity to us by relentlessly developing our raw skills.
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#1 A group is a collection of people with a specific goal or purpose, who recognize and acknowledge their membership in a collective, and who control their interactions with one another. The second characteristic of groups is that they exist for a reason or purpose. Motivation to be in a group is often based around a common goal or purpose. In one study, researchers found...
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#1 The illusion of explanatory depth is the name given to the fact that people usually overestimate their understanding of how things work. It is based on the fact that people usually have little to say when asked to explain how a zipper works.
#2 The illusion of explanatory depth is when people believe they understand something when they really don't. It can be seen...
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#1 The path to mimicry, which is to attract people to your brand, seems to lead to dead ends. While it is easy to explain why Coke has achieved brand loyalty after over 100 years of consumer advertising and marketing support, it is difficult to explain how Starbucks has achieved similar consumer loyalty without any advertising.
#2 The seven pieces of primal code that...
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#1 The media frenzy surrounding the discovery of organic molecules on a Martian meteorite in 1996 was a classic example of people trying to make something appear definite when in fact it isn't.
#2 Uncertainty is the enemy of certainty. You'll learn how our obsession with certainty leads us astray and why all progress takes place in uncertain conditions. You'll learn...
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#1 I spent my boyhood in rural western Denmark, in a little town in the middle of nowhere. I was captain of one of Denmark's best youth teams, but I ended up injured before my career could even begin. I spent my career as a coach helping establish Scandinavia's first football academy.
#2 The Danish defender Simon Kjaer was sold to Palermo in Italy when he was just eighteen...
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#1 When I was hired as the head coach of the Atlanta Falcons in 2008, they had never had back-to-back winning seasons. The team was struggling with consistency and sustainability. I knew the first step I needed to take was to create a winning culture in which every member could thrive and excel.
#2 I had to build the Falcons' culture from the bottom up. I made...
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#1 The traditional model for making strategy choices is to focus on asking the question: What is true. A more effective model for framing and making strategy choices is to focus on the logic behind the choice by asking: What would have to be true.
#2 The third bucket is about structuring work. The dominant model is that culture is so important that if it is not...
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#1 The age at which we're feeling self-consciously old is creeping into some people's thirties, with power cascading to the young in so many companies. The problem is that many of these young digital leaders are being thrust into positions of power without experience or guidance.
#2 The world is changing, and the workplace is changing with it. The more technology becomes...
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