The “Dis-Assembly” Line

Reading MAD is good for you. In the Making A Difference newsletter (MAD for short) you can read ideas, short articles and insights to better yourself, your team and your organization. Features this week: #BusinessEcosystem, #ConflictManagement, #Leading vs. #Managing and more.

In this Issue:

1. The "Dis-Assembly”?Line
2. Apple has one.?So should you.
3. Solving without Sorry-?Last Call: Vistage Life of Climb Event: Wednesday, 4/27
4. A Subtle but?Profound Distinction
5. Why they get the?Big Bucks
6. Econ Recon

I encourage you to think about how the first and second articles can interrelate and impact to your organization.

The “Dis-Assembly” Line

Everyone has heard of the assembly line. Most businesspeople think that it was Henry Ford who first applied it in the manufacturing of automobiles.?It reduced the time to make a car from?1.5 days to 1.5 hours.??

However, the assembly line was not Ford’s creation. An employee brought him the idea who was drawn by its use in another industry where?it was the act of taking things apart, not assembling them that created value.?I appreciate the connection to Chicago, my home town.

Take 3 min 20 seconds?(twice as long as it took Ford to make a car) to understand where the assembly line?really originated from. And consider what you can dis-assmble or re-assemble in your organization.

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Apple has one. So Should You.

To the extent that most businesspeople are familiar with the concept of a?“business ecosystem”?they think of Apple’s iPod, iPhone, and iPad and the ecosystem they are embedded in.?

Have you looked at?adopting an ecosystem business model and strategy in?your?business?

An article from?Strategy+Business?will help you get started with some great examples.?“Companies that overlook or misjudge ecosystems do so at their peril.”

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Conflict Resolution Techniques: Solving without Sorry: Vistage Life of Climb Event, April 27

Every senior executive’s job includes more than a little conflict resolution. Increase your edge in this important core competency on?Thursday, April 27?at our next 90-minute virtual “Vistage Life of Climb” event:?Solving Without Sorry: Conflict Resolution Techniques for Executives.???

(This is open to non-members.?If you are not a member and would like to attend, please register with my personal linkat?https://tinyurl.com/VistageWOSorry or contact me about attending.)

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A Subtle but Profound Distinction: Leader or Manager?

These two words are often used interchangeably.?“The distinctions are subtle but make a huge difference in your team’s performance.”?

A very short but important article from Inc Magazine answers the question,?Are You?a Manager or a Leader?

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Why they get the “Big Bucks”

And while we’re talking about leaders,?why does the boss get paid more? It may seem self-evident;?it is because he or she is more experienced, makes the rules, is better educated?

It’s none of those.?

A short summary of research?into this question reveals?why those at the top get top dollar… and why it shouldn’t be a surprising answer.

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Econ Recon

Tug of War:?“The problem with forecasting the economy right now is we have never been in this position before…” writes Dr. Brian Wesbury in a recent blog post. Q1 GDP is still positive at 2.3% and employment is still strong, but Wesbury warns?“The US economy is being tugged in two different directions.”

Learn more in his recent Monday Morning Outlook?January Surge Kept Q1 Positive.?Also, check out his?most recent weekly?High Frequency Data Tracker?

FED Watch:??Brian Beaulieu of ITR Economics in his latest video?takes issue?with three of the latest pronouncements of the Federal Reserve on?credit, prices, and employment.?Find out why he thinks that in his latest?Fed Watch.

LinkedIn is about connecting - Make a new connection for me. Please repost or encourage others to subscribe to MAD.?I also distribute via email. Wishing you a productive week!

Sue Tinnish, PhD,?Vistage Chair, Facilitator, & Executive Coach

Find me easily at: 847.404.7325,?[email protected], Twitter:?@STinnish, LinkedIn:??www.dhirubhai.net/in/suetinnish, Website:??https://vistage.com/chairs/sue.tinnish??