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Nimble Leader Volume VI: Results Matter!
Nimble Leader Volume VI: Results Matter!
Nimble Leader Volume VI: Results Matter!
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Nimble Leader Volume VI: Results Matter!

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Throughout Nimble Leader (six volume series), we explore key concepts that have proven to be practical, useful, and applicable to achieving sustained improvement in business performance over the long term. In Volume VI: Results Matter!, you will shift your attention from theory to application. As Winston Churchill said, "It is no use saying, 'We are doing our best.' You have to succeed in doing what is necessary." Like waves lapping the shoreline, certain activities will generate Operating Profit and Cash-flow, only to recede with the need for new waves to take their place. Short-term, you might generate profit and CASH through actions in the areas of Cost reduction and Working Capital management. Mid-term, you might generate profit and CASH through growing Volume and the judicious use of the Price increase. Long-term, you need to infuse the market with new products that ultimately alter product and service Mix, replenishing the streams of Operating Profit and Cash-flow at higher margin. When you think about managing your business to higher more profitable ground, the process can be messy and the outcome uncertain. However, if you fail to take risk, you run the risk of missing out on significant opportunities that might add to your bottom line. Understanding the Tools for Profit and the relationships between Market Position, Price, Volume, Mix, Cost and Working Capital management is not the same as applying the Tools for Profit. Understanding the Tools for Profit implies the skill to take action. Applying the Tools for Profit implies the will to take action. In reading Volume VI of Nimble Leader, you will learn specific steps and explore different examples that will assist you in applying the Tools for Profit to improve your business performance!
LanguageEnglish
Release dateMay 26, 2015
ISBN9781633192829
Nimble Leader Volume VI: Results Matter!

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    Book preview

    Nimble Leader Volume VI - Andrew Ortyn

    Results Matter!

    Tools for Profit in Action

    "If you want an omelet

    you have to crack a few eggs!"

    —Anonymous

    Volume VI

    Table of Contents

    Introduction – Nimble Leader

    Tools for Profit

    Skill vs. Will

    Plan – Do – Check – Act

    Constantly Working the Relationships

    Pressing the Limits

    Planning for Profit and Cash-flow

    Manage Market Risk Through Experimentation

    Doing is Key

    Applying Price

    Tolerance for Risk

    Don’t Wait for Your Dreamliner

    Applying Volume

    Applying Volume and Mix

    Applying Volume, Mix, and Operating Working Capital

    Summing It Up

    Nimble Leader – Next Steps

    Notes

    Introduction – Nimble Leader

    Why This Series?

    Strategy. Leadership behavior. Results. The three need to mesh for good things to happen in any business.

    As a leader, have you ever felt vulnerable because your background, experience, and title suggest you should know more than you do? Join the club!

    As a leader, you are…

    • Paid to get it right … the first time

    • Paid to see the micro and macro trends before they occur

    • Paid to have real-time strategies that address multiple market scenarios

    • Paid to have contingency plans for eventualities that may or may not happen

    • Paid to be the ‘great leader’ in tune with your colleagues, subordinates, superiors, key stakeholders, alliance partners, and of course your customers!

    The above depicts a level of leadership perfection, a sense of omnipotent capability. This orientation also breeds a mindset that leaders cannot show vulnerability in any way – that an inability to understand the whole picture, all of the time, somehow implies that you are not on top of your game.

    Yet – it is in acknowledging and acting on our ‘gaps’ that self-aware leaders are able to set the stage for dramatic growth, both on a personal level and with their business.

    Much has been written about business strategy, leadership behavior, and delivering results. However, little has been written about bringing these three elements together in a workable format that will help leaders lead and equip

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