Scaling Up Business Podcast
by Bill Gallagher
September 30, 2020 11:00 pm
Scaling Up Business is all about how a few companies make it…and why the rest don’t. Our podcast shows are drawn from the lessons of our coaching clients, coaching partners, and the leading authors that contribute to our Conferences and the Scaling Up best selling book by Verne Harnish, and the Team at Gazelles. We’ll share practical tools and techniques for building an industry-dominating business. These approaches have been honed over three decades of advising tens of thousands of CEOs and executives and helping them navigate the increasing complexities that come with scaling up a venture. We want to turn what can feel like an anchor, into the wind at your back — helping you create a business where the team is engaged; the customers are doing your marketing; and everyone is making money. Each episode of the Scaling Up Business show focuses on one of the four major decision areas every company must get right: People, Strategy, Execution, and Cash. We’ll share the tools and methods that have been used by more than 40,000 firms around the globe to scale their companies successfully — many to $1 billion and beyond. Running a business is ultimately about freedom. The Scaling Up Business show tells leaders how to get their organizations moving in sync, to create something significant, and still enjoy the ride.
Gary Hamel is one of the world’s most influential and iconoclastic business thinkers. He has worked with leading companies across the globe and has been on the faculty of the London Business School for more than 30 years. He also has written 17 articles for the Harvard Business Review and is currently out with a new book, Humanocracy, which he dives into further on this week’s episode!
We still see people as a commodity and most organizations are not very good at turning on the capabilities of their people. We can confirm this by the fact that Gallup says only 15% of employees are engaged in their work. Management oftentimes was hastily put together by inexperienced CEOs or Founders. Bureaucracy really is just a product of its time.
In Gary’s book, the top companies he interviewed understood the value of their employees and they were highly compensated for it. In the way we treat people today, there is a lot of false economy. Young people feel undervalued because they grew up with the internet, where the world was their oyster. They could seek out information, do things, and feel valued. In a corporate environment, they always have to ask for permission in order to advance and it’s making them seek out greener pastures.
If you examine companies that have really lasted and scaled, as well as adapted to the changing times and reinvented themselves, they all prioritized their people and had a unique management style that kept them engaged, and happy.
If you believe bureaucracy is a tax on human effort, then how are these big companies able to afford it? It seems managers are a fan of everything lean, except for lean management. It’s toxic when leaders start to believe they have the crystal ball. The best leaders strive to create an environment where it’s the best place to fail.
Scaling Up Workshop: Interested in attending one of our workshops? We have a few $100 discounts for our loyal podcast listeners!Scaling Up for Business Growth Workshop: Take the first step to mastering the Rockefeller Habits by attending one of our workshops.
Scaling Up Summits (Select Bill Gallagher as your coach during registration for a discount.)
Bill on YouTube
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220: Scaling Up Insights — Coach Panel with Lisa Ridley, Cheryl Biron, and Kristin McLane2 months ago
219: Darius Mirshahzadeh — The Core Value Equation2 months ago
218: Ashley Goodall — Nine Big Lies About Work2 months ago