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Hello ScaleUps,
Hope itâs been a productive and purposeful week. Here are some insights/opportunities to help you outlearn/outthink the competition.
If the size of your failures isnât growing, youâre not going to be inventing at a size that can actually move the needle. |
ScaleUpX --
In addition to the 9 top biz authors and CEOs keynoting our ScaleUp Summit May 21 â 22 Atlanta, there are 8 ScaleUpX speakers â also authors and leaders of scaleups. Each has 10 minutes to share their core ideas. Join 1000+ leaders of scaleups for this exceptional two-days of executive education â outlearning your competition.
Atlassianâs Scott Farquhar on Core Values --
Scott Farquhar, co-founder of Atlassian ($27 billion market cap), stopped by our 2.5-day YPO Scaling Up workshop in Las Vegas this week while hosting his own global Summit. He shared how Atlassianâs core values have remained constant as theyâve scaled from 50 employees (when he used the Mars Mission exercise to âdiscoverâ their values) to over 3500. Please take 4 minutes to watch their video on core values.
Using Your Own Language --
Itâs key that your core values are described in a phrase (not single words) using the everyday language of your unique culture. This Atlassian Core Values link lists their values along with a short description of each. I suggest you copy the format of their core values landing page for your organization. Here are the values Scott articulated Wednesday night:
Please take 1 minute to look over their values page and another 4 to watch their video â nicely done. And youâll notice how it flows into recruiting for additional team members.
Jeff Bezosâs Annual Letter, 4 Takeaways --
This Fortune article summarizes four key takeaways from Jeff Bezosâs annual letter to shareholders. Always a short letter (vs. Buffettâs), itâs worth 2-minutes to see how he communicates his message and vision. Key highlights for me included Bezoâs challenge to other retailers to raise wages; details around the launch and success of physical stores; and their âintuition, curiosity, and power of wanderingâ approach to scaling.
Alternative View of Loss Leaders --
Mike Jacobs, founder & CEO of Applied Manufacturing Technologies, emailed me after my last insight on eliminating loss leaders. Notes Mike:
Thank you, Mike, for the push back and insights. Always a more difficult decision to do less than to do more.
Chief Knowledge Officer --
I emphasize the importance of HR and IT working closely together since they have the same end goal â to help everyone in the organization make better decisions. Mike Jacobsâ firm does, in fact, combine these two functions into a Chief Knowledge Officer (CKO) position. Appliedâs âLeadershipâ landing page highlights this position. Congrats Mike on this innovative leadership move.
CEO-BOOTCAMP: spend 3.5 days with Verne, serial entrepreneur John Ratliff, and 6 other CEOs in a beautiful retreat setting, addressing the constraints holding back you, your business, and your industry. Jun 4 - 7 (Sold Out); Aug 20 - 23, 2019; Jan 14 - 17; Jan 21 - 24, 2020.
EXITING: Thinking about selling the business for $40 million or more? Want to get 25% to 200% more than you thought? Request the whitepaper from the Exit Strategies Summit at Harvard from Denise Richmond at (610) 299-6466 or email at drichmond@stscapital.com
EDUCATION:
ScaleUp Summit Spring 2019
Atlanta, GA - May 21-22, 2019
Scaling Up User Conference Spring 2019
Atlanta, GA - May 23, 2019
Yearly Growth program in Amsterdam
16 April - 1 day Masterclass Amsterdam (in Dutch)
Scaling Up Business Growth Workshops
Amsterdam â April 16, 2019 (Masterclass)
Los Angeles, CA â April 25, 2019
Stockholm, Sweden â May 3, 2019 (Masterclass)
Ann Arbor, MI â May 10, 2019
Dallas, TX â May 14, 2019
Boston, MA â May 21, 2019
San Francisco, CA â May 30, 2019
Las Vegas, NV â Jun 4, 2019
Melbourne, Australia â June 6, 2019
Phoenix, AZ â June 6, 2019
Brisbane, Australia â June, 12, 2019
Sydney, Australia â June 13, 2019
Waltham, MA â June 18, 2019
Sydney, Australia â July 4, 2019
London, England â Jul 10, 2019
Brisbane, Australia - Aug. 21 & 22, 2019 (2 Day Masterclass)
Adelaide, Australia - Sept. 4 & 5, 2019 (2 Day Masterclass)
Sydney, Australia â Sept. 17, 2019
Sydney, Australia â Oct. 9 & 10, 2019 (2 Day Masterclass)
Dallas, TX â October 24, 2019
Sydney, Australia â Dec. 3, 2019
San Diego, CA â Dec. 10, 2019
COACHING:
Have you ever wondered if working with a coach might accelerate your company's growth, exponentially? Do you have what it takes to move the dial from good to great? The Scaling Up team is prepared to support you. We have helped 40,000 other organizations over the past 30+ years, in scaling up their organizations through coaching, workshops, online training and more.
We would like to offer you a complimentary, personal follow-up from our Scaling Up team to share how we can support you in scaling your organization.
YES! I WOULD LIKE TO LEARN MORE ABOUT COACHING& RECEIVE A COMPLIMENTARY FOLLOW-UP(CLICK HERE)
For questions or more information contact us at coaching@scalingup.com
TECHNOLOGY:
Create Accountability - Drive Execution with Align, cloud-based software designed to scale up your Rockefeller Habits implementation. www.alignwithgazelles.com - on your computer, tablet or phone. Click here to watch an introductory video.
Better Book Club -- What's your team reading? Increase your books read per team member. Easy, Proven, and in the Cloud at http://www.BetterBookClub.com.
Growth Institute Online Executive Education:
Master of Business Dynamics
Scaling Up Master Business Course
Exponential Organizations Master Business Course
Topgrading Master Business Course
Did you miss previous insights? - read here
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