Dave Gardner’s “Thank God It’s Monday” 28FEB11

“Thank God It’s Monday” is to help companies thrive!

This week’s focus: innovation

If your company is overly focused on error correction, you simply wait until a problem occurs, and then, you correct the problem returning you to the same standard of performance you were at before the problem occurred. All the energy and attention expended resolving problems leaves you no better off than you were before the problem occurred.

If your company is concerned about raising the standard of performance, however, you must innovate.

Companies focus entirely too much on error correction and not enough on raising the standard of performance.

A relentless focus on innovation—product, service, and business process innovation—will ensure your company thrives.

Thought for the week:

“Now, as in 1776, 1861, 1932 & 1941, America’s best days lie ahead.”
– Warren Buffet in 2011 letter to Berkshire-Hathaway shareholders

I welcome your blog comments!

___

Dave Gardner, Gardner & Associates Consulting http://www.gardnerandassoc.com

© 2011 Gardner & Associates Consulting  All Rights Reserved

Note:  To receive an email version of “Thank God It’s Monday” to start your week, please subscribe here.  I would very much appreciate your suggesting to others that they subscribe.

Privacy Statement:  Our subscriber lists are never rented, sold, or loaned to any other parties for any reason.

Advertisements

One Response to Dave Gardner’s “Thank God It’s Monday” 28FEB11

  1. Dave says:

    Good point. I would add another perspective that gets lost on occasion. While trying to solve “business critical” problems (issues that potentially end the enterprise if not resolved successfully) is that the knowledge gained, the process needed to find root cause resolution and the cultural shift solving such a problem brings can be a catalyst for innovation or even reinvention of the business. So, in that way, excellent leaders see the opportunities in the problems. As my mentor, Yuzuru Itoh told me, “Ferrill-san, this is not a problem, it is a valuable jewel, a precious diamond.” Ron Ferrill

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s