Is the productivity gap down to the slow adoption of technology? No. Let me explain using these 3 recent war stories:
Automotive manufacturer: “we have been through worse before (Chairman)” Their 3 main projects lost £2m wasted 18m, the MD and chairman had little business process were tied up firefighting and making no progress on resolving the underlying issues.
A Tech Business had spent £10.5m developing a product over 11 years and still maintained they “could not create a plan until x,y,z”
Artificial intelligence service leader “people are machines (Founder)” the perfect justification for an AI centrist strategy, what is strategic impact if people are NOT machines?
There is a common theme: These statements show how a strategy can be completely misguided by some seemingly ordinary statements.
So, the focus on artificial intelligence / digital as the means to improve productivity is just nuts: but like any other flawed mantra become the perfect distraction from addressing what really matters. If the thinking is not straightened this will accelerate the wasted activities linked to a flawed strategy.
We have just run another winningthinking session with a portfolio VC: Automotive manufacturer “We can’t reduce overheads, we are already lean” this roadblock unnecessarily forced the VC to replace the MD. “winningthinking was enlightening we don’t want to run their businesses, they know better.” “the winningthinking toolkit is a great alternative to just replacing management.”
The emerging findings show that even in successful businesses our analysis is showing a pattern: 70% of activity is wasted, so it’s no wonder you are busy?
If 70% of your activity could be wasted – Do you still value being busy?
A winningthinking strategy session will enable you and your team to have 12 euphoric breakthroughs each: have you ever experienced mass euphoria at work?
If your heart is healthy enough to take a euphoric business experience moment give us a call: the process works far better than even I thought it would…
Probably the most fun you can have with your clothes on at work?
If you want to continue doing the same days work for the rest of your life that’s fine enjoy.. else feel free to have a chat 🙂
cheers Tom
tom@winningthinking.