Ram Charan—3 Secrets of Thriving Companies
Good Money with Derrick Kinney
English - February 01, 2021 07:00 - 30 minutes - 30 MB - ★★★★★ - 1.4K ratingsInvesting Business Education Self-Improvement Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
What do the world’s top CEO’s know that you don’t? Ram Charan reveals the valuable insights he uses to guide these impactful business leaders. He says mistakes are normal, but bad decisions are what lead to disaster. By asking one simple question, “What’s the problem?” you open the door to unexpected opportunities. And if you want to stand out, he shares why you should never tell the CEO they’re right. Instead, give them a different way to think and understand the opposing viewpoint. By the way, embrace change quickly and you’ll reap rich rewards.
What you will learn:
It’s people before strategy Confronting reality is crucial Manage your current business to build your new one Money is an indicator Why attitude is everything You need an outside perspective
Quotes:
“When you look at the population of failed companies, you will always, and I mean always, track the decisions made or not made by the CEO.” – Ram Charan “The first thing is that cash is the blood supply of any business. Your existing business generates cash. If it doesn’t generate cash, you focus there first.” – Ram Charan “Making cash profit is a measure of how good you are in your business.” – Ram Charan “Get some fresh blood not totally contaminated with the past in your company and in your industry. Let them challenge you using the methodology.” – Ram Charan “They don’t need me to say that you are right. But say, ‘Well, here is a different way to think about it.’” – Ram Charan “It’s easier to see somebody else’s phenomenon than their own. That’s simply because the ins and outs of what they do every day get deeply etched and they see through the lens of the existing business, which is narrow.” – Ram Charan
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Recommended Resources:
ram-charan.com The Phoenix Encounter Method, Lead Like Your Business Is On Fire - https://amzn.to/39wHf29