Tony D'Onofrio
Leadership
This week's post was inspired by a recent article in "Fortune" magazine where Steve Jobs and Sam Walton were compared and contrasted by their biographers Walter Isaacson and John Huey (1). Walton and Jobs were born in different eras, had very diverse backgrounds, pursued different paths to success, failed a few times along the way, and all while still chasing their career zenith by the end of their lives. In this post, we will discuss the ONE thing they both had in common that ultimately made them superstars in their respective fields.
Let's start with some quotes from both Sam Walton and Steve Jobs.
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"Individuals score points, but teams win games." - Zig Ziglar
Have you ever been part of a highly motivated team breaking through cross functional barriers with everyone wanting to assist in accomplishing a clear mission targeted at delivering clear results? That breakthrough moment when all the team members are pitching in new ideas and each of those ideas builds great content that everyone buys into to the next level of success. These "can do" euphoric moments do happen and what you are experiencing is that great feeling of being on a winning team.
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This week's favorite post is all about communications. It is a great reminder that communications is one of the most critical elements for the success or failure of any business. It is also the key component for a satisfying and fulfilling personal life with family and friends.
· Favorite post from this past week: From Harvard Business Review "The Silent Killer of Big Companies" ow.ly/eOUhq
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Building on last week's blog on your own unique success formula, this week we focus on translating those personal skills into profitable business ventures. My favorite news item this past week led me to re-read the Top 10 Rules for BUSINESS SUCCESS written by Wal-mart's founder Sam Walton that are on display in my office. These top ten business success rules are all about focus, passion, discipline, commitment, boundaryless communications, and motivation to win. In other words, familiar themes that build on the personal success formula discussed last week.
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My favorite post this week went viral on the Business Insider web site with almost 1.4 million views. The article reminded me that the journey of life that we are all on is unique for each of us. There is no magic formula for success. Ultimately, we make the choices on which path to take in our personal future. In many ways, information around us is the food to our thoughts that leads to the choices we make. What we choose to read, what we believe in, how we decide to turn our thoughts into action helps shape the journey.
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The 2012 London Olympics are now history. As we all cheered through the thrills of victory and yes the agonies of defeat (ABC Sports), we probably missed were some key marketing lessons as they relate to branding. For the Games of the XXX Olympiad, a new technology subplot emerged that in the future will lead participating companies that understand it to either win gold in branding or go home without a medal. Thinking of the marketing lessons from the 2012 Olympics led to selecting the following as the most important post of the week:
Four Leadership Lessons From The Olympics http://ow.ly/cOrdWSome key 2012 London Olympics statistics to set the scene:
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It is a Small World
“Even monkeys can fall from their trees.” – Japanese Proverb
Continuing our global learning journey, our next stop is Tokyo Japan. Founded, in 1603, this city was once a small fishing village called Edo. In 1890, it became Tokyo which means Eastern Capital in English.
In Tokyo, you will find the world’s busiest intersection, the Shibuya crossing where 2,500 people cross the intersection, every time the lights turn green. This city also holds the record for the most Michelin starred restaurants at 212 places to enjoy amazing food.
Tokyo is the most populous city in the world with 37 million people. Uniqueness is everywhere, even in vending machines, where you can buy hot meals, fresh produce, and even umbrellas. There is one vending machine in the city for every two people.
Have lost count on the many times I visited Tokyo to experience their modern retail industry. This picture is from the New Otani Hotel gardens, a favorite during multiple visits.
As the Japanese proverb that opened this summary reminds us, no matter how accomplished we become, you can always make a mistake. Overconfidence can lead to missteps. Life is one sweet ride and Japan provides many reminders on how to enjoy it.
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Brilliant Research
World Happiness Report 2024
The top 10 countries have remained much the same since before COVID. Finland is still top, with Denmark now very close, and all five Nordic countries in the top 10. But in the next 10, there is more change, with the transition countries of Eastern Europe rising in happiness (especially Czechia, Lithuania and Slovenia). Partly for this reason the United States and Germany have fallen to 23 and 24 in the rankings. - A partnership of Gallup, the Oxford Wellbeing Research Centre, the UN Sustainable Development Solutions Network, and the WHR’s Editorial Board. Read more
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ChatGPT Statistics - Users, Revenue (March 2024)
ChatGPT has over 180.5 million monthly users as of March 2024. Nearly 15% of the ChatGPT users are from the United States. More than 92% of Fortune 500 companies are using ChatGPT. atGPT is forecasted to generate a revenue of $1 billion in 2024. 53% of the readers failed to identify ChatGPT written content as AI-written. – From Demandsage.com
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The World Ahead 2024: five stories to watch out for
From the biggest election year in history, to how to control AI and even taxis that fly, The Economist offers its annual look at the world ahead. Read more
