“If you don’t know where you are going, any road will get you there…”

In the game-changing business strategy book The Discipline of Market Leaders, Michael Tracey and Fred Wiersema present the concept that the best business organizations in the world choose one of three value propositions to their customers and execute it flawlessly in order to successfully compete in their market / industry.

Over the past week, India, China, and the United States have all reported their current and forecasted economic growth rates and business leaders are trying to determine the business impacts for the both the short and long runs.

Many times during Advantexe’s business acumen and business leadership talent development engagements, we have the chance to sit down and talk with business leaders about key issues and challenges they see in their world of business. These conversations are usually over dinner after a solid day of training when we have the chance to talk and engage in a deep and open dialogue about what we saw during the training day and how our observations relate back to the business world.

I was sitting in the office of the President of the North American Business Unit of one of the most successful chemical companies in the world. We were discussing business strategy and the needs he sees for his team and business as we develop a new business acumen learning solution that incorporates a hands-on business simulation.

 
Admit it. We have all been there and we have all done it. The former business leader has either been promoted to a new job or has left the company and a new leader has been announced and is ready to come in and take over with a “fresh” perspective. Within minutes of the announcement, the rumors fly and soon after that the “Tornado of Blame” starts to build energy. The Tornado of Blame is what happens when people start to blame everything that is wrong with the company on the former leader.