Showing posts with label business strategy. Show all posts
Showing posts with label business strategy. Show all posts

Wednesday, March 27, 2013

The 6 keys to being awesome at everything


I’ve been playing tennis for nearly five decades. I love the game and I hit the ball well, but I’m far from the player I wish I were.I’ve been thinking about this a lot the past couple of weeks, because I’ve taken the opportunity, for the first time in many years, to play tennis nearly every day. My game has gotten progressively stronger. I’ve had a number of rapturous moments during which I’ve played like the player I long to be.
And almost certainly could be, even though I’m 58 years old. Until recently, I never believed that was possible. For most of my adult life, I’ve accepted the incredibly durable myth that some people are born with special talents and gifts, and that the potential to truly excel in any given pursuit is largely determined by our genetic inheritance.
During the past year, I’ve read no fewer than five books — and a raft of scientific research — which powerfully challenge that assumption (see below for a list). I’ve also written one, The Way We’re Working Isn’t Working, which lays out a guide, grounded in the science of high performance, to systematically building your capacity physically, emotionally, mentally, and spiritually.
We’ve found, in our work with executives at dozens of organisations, that it’s possible to build any given skill or capacity in the same systematic way we do a muscle: push past your comfort zone, and then rest. Aristotle had it exactly right 2000 years ago: “We are what we repeatedly do.” By relying on highly specific practices, we’ve seen our clients dramatically improve skills ranging from empathy, to focus, to creativity, to summoning positive emotions, to deeply relaxing.
Like everyone who studies performance, I’m indebted to the extraordinary Anders Ericsson, arguably the world’s leading researcher into high performance. For more than two decades, Ericsson has been making the case that it’s not inherited talent which determines how good we become at something, but rather how hard we’re willing to work — something he calls “deliberate practice.” Numerous researchers now agree that 10,000 hours of such practice as the minimum necessary to achieve expertise in any complex domain.
There is something wonderfully empowering about this. It suggests we have remarkable capacity to influence our own outcomes. But that’s also daunting. One of Ericsson’s central findings is that practice is not only the most important ingredient in achieving excellence, but also the most difficult and the least intrinsically enjoyable.
If you want to be really good at something, it’s going to involve relentlessly pushing past your comfort zone, along with frustration, struggle, setbacks and failures. That’s true as long as you want to continue to improve, or even maintain a high level of excellence. The reward is that being really good at something you’ve earned through your own hard work can be immensely satisfying.
1. 

Pursue what you love

Passion is an incredible motivator. It fuels focus, resilience, and perseverance.
2.

Do the hardest work first

We all move instinctively toward pleasure and away from pain.
Most great performers, Ericsson and others have found, delay gratification and take on the difficult work of practice in the mornings, before they do anything else. That's when most of us have the most energy and the fewest distractions.
3.

Practice Intensely

Practice intensely, without interruption for short periods of no longer than 90 minutes and then take a break.
90 minutes appears to be the maximum amount of time that we can bring the highest level of focus to any given activity. The evidence is equally strong that great performers practice no more than 4 ½ hours a day.
4.

Seek expert feedback, in intermittent doses

The simpler and more precise the feedback, the more equipped you are to make adjustments.
Too much feedback, too continuously, however, can create cognitive overload, increase anxiety, and interfere with learning.
5.

Take regular renewal breaks

Relaxing after intense effort not only provides an opportunity to rejuvenate, but also to metabolize and embed learning.
It's also during rest that the right hemisphere becomes more dominant, which can lead to creative breakthroughs.
6.

Ritualize practice

Will and discipline are wildly overrated. As the researcher Roy Baumeister has found, none of us have very much of it.
The best way to insure you'll take on difficult tasks is to ritualize them -- build specific, inviolable times at which you do them, so that over time you do them without having to squander energy thinking about them.

It takes several hours of daily practice to achieve excellence, so prioritise

I have practiced tennis deliberately over the years, but never for the several hours a day required to achieve a truly high level of excellence. What's changed is that I don't berate myself any longer for falling short. I know exactly what it would take to get to that level.
I've got too many other higher priorities to give tennis that attention right now. But I find it incredibly exciting to know that I'm still capable of getting far better at tennis -- or at anything else -- and so are you.
Here are the recent books on this subject:
  • Talent is Overrated by Geoffrey Colvin. My personal favourite.
  • The Talent Code by Daniel Coyle
  • Outliers by Malcolm Gladwell
  • The Genius in All of Us by David Schenk.
  • Bounce by Mathew Syed






Posted on Linked In, written by 

Friday, January 25, 2013

What’s new, what’s next, what’s in store for 2013?


Deloitte’s Technology, Media and Telecommunications Predications for 2013 named the uptake of a super duper, four times the resolution, TV model called the 4K. Sounds cool…just when we’ve got the plasma mounted on the wall.

Most people have a tablet, iPad or smarty-pants phone. These seemed to be all the fuss for 2012. But we agree with the Deloitte’s ‘palm readers’ when they say, “The PC is not dead”. Why?...Because they are easier to use, no, swiping or diddling about with little buttons, figuring out how to prop them, squint to read them or just keep them alive (Side story - smartphones are especially prone to being dropped down the toilet – 39% of people use their phone on the toilet and the most common reason for losing a contact list is the ole loo drop, end of side-story). With a trusty PC you are less likely to spill a cup-o-tea on them or get a smeary screen or drop them in the toilet.
www.phychics.co.uk see Victoria Beckham designing something with an oriental look in 2013. Simon Cowell will become more spiritual and Google servers will be attacked by terrorists, not aliens. These same phychics predicted that Kate Middleton would announce her pregnancy in May 2013 (ooops) and that the Duke of Edinburgh would pass away, ouch!

Food trends in 2013 are listed as: beer, donuts, game meats, no meats, popcorn, smoked or pickled, bread and hilariously….smaller portions! Hair for 2013 will be clever braids and low buns, bye-bye sharp heavy fringe!

So if you need a new TV, haircut or meal ideas for 2013 here are some ideas, just remember to back up your contacts list and start to look in your wardrobe for something with an oriental feel and you will be all set for 2013!

Monday, November 19, 2012

Black Peak Gelato, with Cherries on top!

wanaka


One of our favourite local businesses is taking up a Findlay and Co flavour suggestion of Central Otago Cherries and Pinot Noir. We have offered to be testers and tasters!!

You guys are legend, keep up the good work and heres to summer icecream and good times.

Monday, November 28, 2011

Some business tips

Its that time of year when our enthusiasm, excitement and energy levels may be wavering as we start to think about G and Ts in the garden, long summer days on the lake and a well deserved break being just around the corner. We decided to throw you some encouraging business tips to help spark some different thinking into you business approach, try these ideas on for size:

Ask someone on a date

Think about your existing network of clients, suppliers, staff and colleagues. Consider whom you don’t know that you’d like to get to know? Business is about relationships and relationships are about communication – pick up the phone and take someone on a business date!

A little thank you goes a long way

Start to think about some sincere ways to thank your staff for their hard work this year. Typically you’d be looking to give them the Christmas ham or a bottle of wine. Ramp up this year’s appreciation session with a hand written note singling out a memorable contribution they have made and deliver this with a ‘look ‘em in the eye’ expression of gratitude. It’ll work wonders!

Ask for feedback and listen

This is an easy one to pitch as people like to be asked their opinions. Illustrating that you aim for constant improvement and inviting others to have input is a two birds/one stone scenario. Basically if you ask in the right way not only are you getting valuable information about your business performance but as the ‘feedbackee’ you are also strengthening the business relationship by validating the opinion of the ‘feedbacker’. Simple!

Practice your pitch

Yep, the elevator pitch is an oldie but a goody! Yeah you wanna be able to tell people what it is you do in a precise but compelling way. Yep, you probably need some practice right!

Know what you don’t know

A useful consideration to make is to understand what you are good at and where you should get others in to help. Essentially this means if you are better off on the tools than balancing the books weigh up the option of getting a bookkeeper. It’s in the math! Does it make sense for example to have an administration task take you away from being the ‘technician’ in your business for twice as long as it would take to get a paperwork guru in? Yeah, nah…..

Monday, November 7, 2011

Wanaka Girls Top in Business

A Mount Aspiring College all-girl business group was named top company at the Young Enterprise Scheme's southern regional awards in Invercargill this week.

Back Black Enterprise - comprised of year 13 pupils Elle Scurr (18), Abbi Ayre (18), Sina Schaal (19) and Ashley Campbell (17) - have sold thousands of their roll-on black and white face-paint sticks throughout New Zealand, capitalising on the popularity of the Rugby World Cup.

Back Black is one of 20 New Zealand secondary school companies to vie for the Lion Foundation Young Enterprise Scheme company of the year award at a national competition in Wellington on December 1.

The company is also the recipient of more than one excellence award, with which it will be presented at the December awards dinner.

Young Enterprise Trust spokeswoman Robin Borne said Back Black developed a "stand-out" product and demonstrated a "steadfast focus" on maximising sales by securing national distribution through major retailers.

"They've been very passionate about their goal and they've seen an opportunity and they've got very busy and active straight away at marketing and promoting ... " Ms Borne said.

By Lucy Ibbotson on Thu, 3 Nov 2011

Monday, January 31, 2011

Know your business inside out!

Have you seen an episode of Dragons Den, the show where entrepreneurial folks with start up businesses present propositions to potential investors i.e. ‘The Dragons’?

It all starts off a bit fluffy and excited about each idea then the drilling down begins and you start to see what, if anything, the hopefuls know about their business. If you were put on the spot could you answer:

• Who are your customers/target market?
• Are you speaking to the right customers about the right things?
• Do you understand your staffs strengths and weaknesses?
• Do you have some clear key performance indicators that you monitor?
• Do you understand your financial statements enough to be able to manage cash flow and plan budgets?
• Do you have any marketing activity and if so is it working?

We are able to supply you with a check list in order for you to consider how well you know your business. Let us know if you would like a copy.

We can help with lots of these areas:

• Explain your financial statements for you
• Cash flow management
• Budgeting and tax forecasting
• Marketing advice
• Strategic planning
• Succession planning

By having a good handle on all these things we look for possible savings, make sure you have no surprises and plan for tax payments and expenditure. It’s smarter to be schooled up. It’s your business and you should know it intimately!

To grab a business check list drop us a line here.