Meikles & Dimes

Nate Meikle
Meikles & Dimes

Every episode is dedicated to the simple, the practical, and the underappreciated.

  1. 12월 2일

    174: The Obvious Answer Is Often Wrong | Costas Markides, London Business School Professor

    Costas Markides, professor of strategy at the London Business School, is one of the world’s foremost experts on strategy and innovation. He examines how companies can create a culture of continuous innovation and the role that individual managers play in making a company more innovative. Costas is the author of four books on strategy and innovation, he was listed by Forbes.com as one of the world’s most influential management gurus, and has served as a Fellow of the World Economic Forum in Davos. Costas received his BA and MA in Economics from Boston University, and his MBA and DBA from Harvard Business School.  In this episode we discuss the following: What often seems like an obvious answer to a problem is usually not the right answer. In the ‘60s and ‘70s, 1000s of companies diversified, only to refocus decades later. An obvious explanation for this was that the companies had made a mistake. But an alternative explanation was that the companies were right to diversify when they did and then right to refocus when they did because the market had changed. Just because a company communicates a particular strategy in public, does not mean that they aren’t communicating a different, or more refined, inspiring, strategy privately. To get at the heart of the onion, as Costas said, we need ask at least five Why’s. Managers know they should differentiate themselves. Yet data suggests that 92% of managers imitate rather than differentiate. To close the knowing/doing gap, Costas suggests we start small, develop a strategy, work hard, and try to turn behaviors into habits.   Connect on Social Media: X: https://twitter.com/nate_meikle LinkedIn: https://www.linkedin.com/in/natemeikle/ Instagram: https://www.instagram.com/nate_meikle/ Youtube: https://www.youtube.com/@nate.meikle

    21분
  2. 11월 25일

    172: Mistakes We Make When Dealing with Uncertainty | Columbia Professor Rita McGrath

    Rita McGrath is a best-selling author, sought-after speaker, and longtime professor at Columbia Business School. She is widely recognized as a premier expert on leading innovation and growth during times of uncertainty. Rita has received the #1 achievement award for strategy from the prestigious Thinkers50 and has been consistently named one of the world’s Top 10 management thinkers. Rita has also consulted CEOs of Fortune 500 companies worldwide.   Rita has written five books, including Discovery Driven Growth, cited by Clayton Christensen as creating one of the most important management ideas ever developed. Rita received her Ph.D. from the Wharton School and has degrees from Barnard College and the Columbia School of International and Public Affairs. In this episode we discuss the following: At any given time, we’re in one of two situations: low uncertainty or high uncertainty. And the mistake we so often make is using the techniques we use for low uncertainty in the domain of high uncertainty. When we’re in an uncertain environment, where we’re making a lot of assumptions, we need to collect data to convert those assumptions to facts. Rita calls this Discovery Driven Planning. When planning for a conventional line of business, uncertainty is low, managers have good data, and people can accurately forecast the future with relative precision. But when launching an entirely new venture, uncertainty is high, so it doesn’t make sense to start off with a big team, ambitious goals, all the money upfront, and definite deadlines. Rather, we should do the opposite and start small, collect data, test assumptions, and iterate. When making decisions, we should first assess whether we’re in Situation 1 (low uncertainty) or Situation 2 (high uncertainty). And if we find ourselves in Situation 2, we should start small, collect data, test assumptions, and iterate.   Connect on Social Media: X: https://twitter.com/nate_meikle LinkedIn: https://www.linkedin.com/in/natemeikle/ Instagram: https://www.instagram.com/nate_meikle/ Youtube: https://www.youtube.com/@nate.meikle

    8분
  3. 11월 11일

    170: The Inner Bully versus the Inner Wimp | Mike Lerario on Leadership Development

    Mike Lerario is President of Crispian Consulting Inc., which provides specialized training in Leadership Development to Fortune 500 companies, professional sports teams, and government agencies. Mike served 23 years in the United States military in Airborne Ranger assignments, and he retired as a Lieutenant Colonel after serving with the Joint Special Operations Command. During his service, Mike completed multiple combat tours in both Afghanistan and Iraq. Mike is also the author of the International Best Seller Leadership in Balance. In this episode we discuss the following: Effective leadership is about finding the balance between how we naturally want to show up as a leader and what the situation demands of us. Mike distills leadership down to four domains: communication, adaptability, focus, and influence. But what’s most intriguing about Mike’s work, is that these four domains are each on a spectrum. For example, adaptability is on the spectrum of rigidity and flexibility. And the best leaders do what the task requires. Though we might naturally feel most comfortable being flexible as a leader, sometimes the task requires that we be rigid; we might feel more comfortable being selfless, but sometimes leaders need to be selfish. It is neither bad nor good to be rigid or flexible, to be selfless or selfish. But rather, the best leaders do what the task requires. Connect on Social Media: X: https://twitter.com/nate_meikle LinkedIn: https://www.linkedin.com/in/natemeikle/ Instagram: https://www.instagram.com/nate_meikle/ Youtube: https://www.youtube.com/@nate.meikle

    17분
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Every episode is dedicated to the simple, the practical, and the underappreciated.

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