015 Do You Know Your Critical Number?

CEO BrainFood

Το περιεχόμενο παρέχεται από το Michael Langhout. Όλο το περιεχόμενο podcast, συμπεριλαμβανομένων των επεισοδίων, των γραφικών και των περιγραφών podcast, μεταφορτώνεται και παρέχεται απευθείας από τον Michael Langhout ή τον συνεργάτη της πλατφόρμας podcast. Εάν πιστεύετε ότι κάποιος χρησιμοποιεί το έργο σας που προστατεύεται από πνευματικά δικαιώματα χωρίς την άδειά σας, μπορείτε να ακολουθήσετε τη διαδικασία που περιγράφεται εδώ https://el.player.fm/legal.

5y ago 20:30

MP3•Αρχική οθόνη επεισοδίου

01:02 – Introducing today’s topic: Do You Know Your Critical Number?

02:17 – Michael speaks to his own experience working with his CFO on his critical number

03:48 – The Mariano Rivera example

05:30 – The value of historical data

07:30 – Identifying the critical number

10:02 – Engaging your team to achieve your critical number

11:17 – The Great Game of Business

13:05 – Other strategies for engaging your people

14:00 – The importance of educating your people on the business

17:50 – Michael leaves the audience with a quote from Jack Stack

18:42 – Michael poses a self-inquiry questions to the listeners

19:17 – Michael teases the topic of the next episode of CEO Brain Food

19:46 – Where to find Michael’s Functional Team Scorecard

TWEETABLE QUOTES

“We have numbers available to us at a moment’s notice, the tip of our fingers. Numbers are everywhere, and leaders use them in tracking progress and making important decisions.” (03:37)

“With so much information, we tend to lose focus and it just is all foggy and it runs together.” (06:44)

“I like to think of the critical number as the one number that represents the important variable we have to get right in order for our organization to succeed.” (07:40)

“A great way to engage your people is to connect the data that you’ve got to a benefit such as a bonus, or some type of reward, or even equity in the form of stock and stock options.” (13:05)

“At ‘Great Game,’ the critical number is defined as an operational or financial number that represents a weakness or vulnerability that, if not addressed and corrected, will negatively impact the overall performance and long term security of the business.” (17:19)

“People support what they help create.” (17:57)

RESOURCE LINKS

Michael’s LinkedIn

Michael’s Website

The Functional Team Scorecard

Jim Collins' Website

Four Characteristics of a Strong Critical Number

BOOKS MENTIONED

Get In The Game: How To Create Rapid Financial Results And Lasting Cultural Change

The Great Game of Business, Expanded and Updated: The Only Sensible Way to Run a Company

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Podcast production by FullCast

26 επεισόδια

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