Bill Canady, CEO of Arrowhead Engineered Products & Chairman of Ohio Transmission Corporation, is interviewed on the CEO show, which reaches 600,000 listeners across the USA. During the show, he discusses his unique process, PGOS
Bill Canady, CEO of Arrowhead Engineered Products & Chairman of Ohio Transmission Corporation, is interviewed on the CEO show, which reaches 600,000 listeners across the USA. During the show, he discusses his unique process, PGOS
The fourth and final step in the First 100 Days is launching an Action Plan, which defines the imperatives and tactics necessary to execute the strategy (Step 2) within the 80/20 segmented structure outlined in Step 3. Like the three steps that precede it, Step 4 aims at progress (not perfection) toward delivering on the goal set in Step 1. Every day of the First 100 Days is dedicated to making sound, informed decisions and taking actions based on them. Action, however imperfect, injects the company strategy into the real world, where it not only can begin the needed turnaround but where it is also tested against reality so that in can be continuously improved.
All four steps taken in the First 100 Days move toward creation of a Business Plan and an Action Plan. Step 3, Build the Structure, is the Business Plan, and in Step 4 we Launch the Action Plan to begin executing the strategy. Of course, the Business Plan at this point is in an early, partial iteration, subject to change as the plan is tested against the reality of the next three to five years.
Step 2: Create the Strategy Step 1 sets a goal. That gives you the what you will do. This, in turn, points to the needed strategy: how that goal will be reached. When turnaround is
When Franklin D. Roosevelt was elected president of the United States and took office in March 1933, he led an extraordinary three months-plus program of new legislation to turn Depression-plagued America around in his administration’s First 100 Days.
When Franklin Delano Roosevelt took office on March 4, 1933, during the darkest and most desperate depths of the Great Depression, he revived a phrase that had been born on February 26, 1815, when Napoleon returned to France from his exile on the island of Elba. For the next hundred days, he led a stunning military campaign to regain his conquest and his throne. Napoleon singlehandedly rebuilt an army of 250,000 and very nearly succeeded in retaking his lost empire. Of course, it all ended badly for him a hundred days later at the Battle of Waterloo, on June 18, 1815, yet “The Hundred Days” became a phrase that has continued to echo down through history. FDR picked it up 118 years later and put it on himself.
Wright’s Beginning At about 10:35 on the morning of December 17, 1903, Orville Wright made the first sustained powered flight in aircraft heavier than air. The decision that took him aloft was a process that
Competence is knowing what to do, what to do it with, in what order to do each part of it, and then to do it efficiently, completely, and safely. What happens when competence comes wrapped in a person who has the soul of a hero? Meet Red Adair.
Confederate general Nathan Bedford Forrest (1821-1877) was not a great man. His actions in combat were sometimes that of a terrorist, as when he massacred hundreds of Union troops at the Battle of Fort Pillow (Tennessee, April 12, 1864) after they had surrendered.
In 80/20 analysis, A customers get to be A customers because they buy A products. Conversely, A products get to be A products because your best customers (A customers) buy them. Nevertheless, some, maybe even
