The Most Important People Metrics
? Sue Tinnish, PhD
Empowering Leadership & Growth | Executive Coach | Vistage Chair | Peer Group Facilitator
Find tidbits and ideas to?Make?A?Difference - in yourself and your organization.?Welcome to this week's?MAD?newsletter. In addition to the regular Econ Recon feature, this week's issue features advice from #JimCollins, ideas to ensure your business is not a #TurnAround, and why losing a deal provides you with a rich opportunity.
In this Issue:
People Metrics
Organizations have been forced to improve their human resources capabilities with challenges like economic uncertainty, talent shortages, the Great Resignation and the “Quiet Quitting” trend.?What data should you be focusing on to become more innovative and competitive moving forward??This Forbes article focuses on the?Most Important Employee Metrics That Can Make Your Business Better In 2023.
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Alone Among the Titans
A titan of the technology world left us on March 24: Gordon Moore (1929-2023), Co-founder of Intel and author of Moore’s Law.
Gordon Moore founded Intel Corporation in 1969 with Robert Noyce and Andy Grove. In 1985 they made a “bet the company” move when they left the memory chip business to focus on microprocessors. It’s likely that one of the devices you rely on uses an Intel processor. A venture capitalist once described Intel as the?“the most important company in the world.”
Moore will be most widely remembered for his formulation of?“Moore’s Law” which posited that the number of transistors on a microchip doubles about every two years and its cost is cut in half, and that this growth is exponential. Moore’s prediction has proven remarkably accurate over the decades. There is debate whether this growth can continue but the benefits we’ve enjoyed because of it is beyond doubt.?
Vistage Chairs often say that?“we invite CEOs into the groups and human beings show up.”?Dr. Moore was entrepreneur, a CEO, but most importantly a great human being. A short portrait of that humanity can be found at the Intel website:??Gordon Moore:?He Stood Alone Among Tech Titans.
Rest in peace, Dr. Moore.?You changed the world for the better.?
The Joy of Losing
Most of us have been told at one time or another that our price was too high. It’s easy to hang our heads and curse our luck…but great leaders look for opportunities in the face of loss.??
Vistage’s premier speaker on?pricing,? Casey Brown of Boost Pricing , challenges Vistage members with the observation that?“Most sellers fail to capitalize on the brilliant opportunity that moment (of losing on price) presents.”
Brown will tell you how in her blog post,?The Surprising Opportunity of Losing Over Price.
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领英推荐
Ask Jim Collins
If you could ask one of the greatest business thinkers of our time any questions, what would it be??At a recent conference, several CEOs got to ask Jim Collins?(“Good to Great”, “How the Mighty Fall”) his current thinking on Level 5 Leadership, the “Flywheel” and picking the right people.
If you’d like a recap of his answers, check out this summary of the session sponsored by Chief Executive Magazine?when Jim Collins said “Ask me Anything.”
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Every Day a Turnaround (Part 2 of 3)?
Last week I shared part 1 of a 3-part series by Vistage member and M&A advisor Mark Taffet Run it like a turnaround (before you have to), Part 1: Generating profits
Aside from generating profits,?growth, whether by expansion or acquisition?needs to be addressed as well.??Part 2 of Run It Like a Turnaround?(before you have to)?will help you think intelligently about intelligent growth.
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Econ Recon
The Fed Waffles:?Some would say that the most important aspect of leadership is clarity. If that’s so, Dr. Brian Wesbury makes the case the Federal Reserve is hardly a great example. Check out his 1-page post – The Fed Waffles.
Good News or Bad News?:??Interest rates went up in recent months, causing bond prices to drop and chaos with the banks. This past week, interest rates dropped, but that can be a sign of recession.?Brian Beaulieu of ITR?Economics in his latest Fed Watch will sort it out for you.
I am excited to share this content with a wider audience. Please repost or encourage others to subscribe.?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??
Thanks, Sue! Honored to be included in this article!
Founder | Investor | Speaker | Consultant | Asker of direct questions to clarify intent and help teams execute.
1 年It strikes me about Gordon Moore and “Moore’s Law,” not only did he coin the “law”, but he actively worked hard to make it true. Something of a self fulfilling prophecy that speaks volumes to all of us. When we put a stake out in the world we have the power to use our energy and effort to make it happen.
>> Leadership and the Art of Possibility | The Momentum Framework
1 年Measure employee wellness. Interesting concept. Thanks for the share Sue Tinnish, PhD
President at Optimize | Keynote Speaker at Vistage Worldwide | Forbes & Inc.com Contributor | Expert Strategy Facilitator
1 年Good stuff. Amazing that HR metrics are often lacking
Helping high-ticket B2B service businesses close MORE deals FASTER at HIGHER PRICES using First-Time Offers that will break your cash register. ?? Podcast Host ?? Multi Best-Selling Author
1 年I still remember the first time I went to Silicon Valley. I drove around there like I was walking through a museum. And I remember passing Intel in Santa Clara. The Valley is about the same amount of area as Washington DC. And I started to wonder which geography impacted the world more. I never did answer that question. I find it enchanting that it's so hard to answer.