Thought for the Day No.39

Recently our country's management team has changed hands with a new leader.
I believe those who favour our new PM celebrated while others will be "waiting and watching what happens next" Whichever side you are on ..... the reality is that the downturn and financial crisis affecting the world economy has not gone away yet.

More importantly at our own company level - is there anything we can do to help?
In each of our work and role in PSSH business and operations what and how are we contributing to make things different, what are the opportunities we can use, what questions are we asking ourselves to develop new ways of working to make things simpler, faster and better?

I found the following article very relevant and hopefully will lead you to consider your role _

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Jonathan Vehar is a Sr. Partner where he works with leading organizations to help them develop their ability to lead innovation. Called an “Innovation Guru” by Investor’s Business Daily, Jonathan’s focus is on training and facilitation of creative thinking, innovation and leadership. He will be co-leading an immersion session at CPSI focused on organizational leadership for innovation in a tough economy.

If I hear one more person use the phrase, “troubled economic times,” I’m going to scream. Yes, the economy is at the wrong end of a roller-coaster. Yes resources are scarce, funding is tight, and jobs are evaporating. There’s nothing good about those things. But the fact that we’re on this roller-coaster provides some phenomenal opportunities.

Our friends at McKinsey have found that during the last major recession (2000 – 2001), 40% of the leading US industrial companies toppled from the top quartile in their sectors. This is good news. Why? Because that means that 40% of the slots in the top quartile were filled by those companies who were more agile, flexible, courageous, curious…yes, more innovative. Therein lies the opportunity.

A paraphrase from The Art of War is, “when the enemy is weak, be strong.” The corollary for innovative companies is, “when your competition is playing it safe, advance! Try new things! Launch new products! Get out there in the market! Do the things you’ve been too busy to do! Innovate like crazy.” In other words, now is the time for innovation!
(PSSH management is on this track and seriously creating new income streams which shall bear fruits soon)


We can whine about the lack of resources or realize that the most elegant innovation comes from well defined constraints and opportunities. So let’s not support complaining about a lack of resources. Let’s take responsibility for seeing that as a tremendous opportunity to narrow our focus and do things simply, quickly, and elegantly.
(Your participation and initiative to take responsibility is crucial to help move PSSH forward!)


“Troubled economic times?” Perhaps, or a time for phenomenal opportunities. It may not be easy, but with vigilance and the right attitude, there is great potential to leapfrog the competition and do some amazing new things.
If you could take the responsibility to create some innovations in your organization, what would they be? And what’s in the way of your doing them?
(Yes, We Can)

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YES, It's ALWAYS POSSIBLE WHEN WE BELIEVE WE CAN - LET'S DO IT!
Together we shall harvest and enjoy the fruits and results in the coming years.