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    Business

    The Strategy Skills Podcast: Strategy | Leadership | Critical Thinking | Problem-Solving

    CEOs and business leaders, management consulting senior partners, ground-breaking professors, thought-provoking writers and journalists, record-setting athletes and coaches, and award-winning actors and celebrities discuss the key issues facing the business world and broader society.

    Get free access to our newsletter, Monday Morning at 8 am, along with sample episodes from our training programs on www.strategytraining.com. Go to https://www.firmsconsulting.com/promo.

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    Copyright: © COPYRIGHT 2010 - 2019 THE STRATEGY MEDIA GROUP LLC. ALL RIGHTS RESERVED.

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    Latest Episodes:
    320: Harvard's Frank Cespedes, Managing sales in a world of constant change (Strategy Skills classics) Feb 13, 2023
    Show notes

    For this episode, let's revisit a Strategy Skills classic where we interviewed the author of Sales Management That Works: How to Sell in a World that Never Stops Changing by Frank Cespedes.

    How do you manage sales in a world that never stops changing? In this episode, Frank shares valuable insights to equip sales professionals and business leaders in managing sales within their organization and how to better improve and develop themselves while managing constant change.

    Frank Cespedes is a sales expert and Senior Lecturer at Harvard Business School. He runs a business, has served on the boards of corporations and start-ups, and has consulted to companies around the world. He is the author of articles in Harvard Business Review, California Management Review, Organization Science, The Wall Street Journal, and other publications as well as 6 books, including Aligning Strategy and Sales, which was cited as "the best sales book of the year" (Strategy+Business), "a must read" (Gartner), and "perhaps the best sales book ever" (Forbes).

    Get Frank's book here:

    Sales Management That Works: How to Sell in a World that Never Stops Changing. Frank Cespedes. https://www.amazon.com/Sales-Management-That-Works-Changing/dp/1633698769

    Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo


    319: Harvard's Sandra Sucher, What is the foundation of trust? (Strategy Skills classics) Feb 08, 2023
    Show notes

    For this episode, let's revisit a Strategy Skills classic where we interview the coauthor of The Power of Trust, Sandra Sucher. In this book, Sandra Sucher and Shalene Gupta examine the economic impact of trust and the science behind it and conclusively prove that trust is built from the inside out. Trust emerges from a company being the "real deal": creating products and services that work, having good intentions, treating people fairly, and taking responsibility for all the impacts an organization creates, whether intended or not.

    Sandra Sucher is a professor of management practice at Harvard Business School and studies trust and moral leadership. She's authored 110 business cases, technical notes, video interviews, teaching notes, and three books.

    Sucher is on the Edelman Trust Institute advisory board and has collaborated with Deloitte on TrustIQ™, a proprietary tool that measures key elements of trust in major corporations and public sector organizations.

    Sucher was a business executive for 20 years before joining Harvard. As a senior executive at Fidelity Investments, she measured customer loyalty, redesigned back-office operations, and improved the quality of service. In retailing, she co-authored the proposal to expand Filene's Basement from a single-unit business to a national chain. She has served on corporate and nonprofit boards and as the Better Business Bureau chair.

    Get Sandra's book here:

    The Power of Trust: How Companies Build It, Lose It, Regain It. Sandra J. Sucher and Shalene Gupta. https://www.amazon.com/Power-Trust-Companies-Build-Regain/dp/1541756673

    Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo


    318: Mark Mahaney, 10 proven rules to succeed in tech stock investing (Strategy Skills classics) Feb 06, 2023
    Show notes

    For this episode, let's revisit a Strategy Skills classic where we interviewed one of Wall Street's legendary tech analysts, Mark Mahaney.

    In this episode, Mark discusses ten lessons that are proven to help investors succeed in tech stock investing. He shares powerful advice and knowledge from analyzing the most explosive sector on Wall Street over the past quarter century.

    Lesson 1: There Will Be Blood… When You Pick Bad StocksLesson 2: You Can Lose $...Even When You Pick The Best StocksLesson 3: Don't Play QuartersLesson 4: Revenue Matters More Than AnythingLesson 5: It Doesn't Mean a Thing, If It Ain't Got That Product SwingLesson 6: TAMs - The Bigger The BetterLesson 7: Follow the Value Prop, Not the MoneyLesson 8: Management Matters MostLesson 9: Look for Ballpark Reasonable ValuationLesson 10: Hunt for DHQs - Dislocated High-Quality Stocks

    Mark Mahaney has been covering internet stocks on Wall Street since 1998, with Morgan Stanley, American Technology Research, Citibank, RBC Capital Markets, and Evercore ISI. Institutional Investor magazine has ranked him as a top Internet analyst every year for the past 15 years, including five years as number one, and he has been ranked by the Financial Times and StarMine as the number-one earnings estimator and stock picker. In addition, TipRanks has placed Mahaney in the top one percent of all Wall Street analysts in terms of single-year stock picking performance.

    Get Mark's book here:

    Nothing But Net: 10 Timeless Stock-Picking Lessons from One of Wall Street's Top Tech Analysts. Mark Mahaney

    Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo


    317: Scott O'Neil, How to thrive where you're at (Strategy Skills classics) Feb 01, 2023
    Show notes

    For this episode, let's revisit a Strategy Skills classic where we interviewed one of the most recognized, connected, and dynamic executives in the sports and entertainment industry today, Scott O'Neil.

    In this episode with Scott, he shared most of the valuable lessons in his life that keep him grounded and thriving as a leader, coach, husband, and father.

    Scott has more than 25 years of experience leading NBA, NHL, and NFL teams and leagues, including the National Basketball Association, Philadelphia 76ers, New York Knicks, New Jersey Nets, Philadelphia Eagles, New York Rangers, and New Jersey Devils. His mission to build innovative, inspiring, socially impactful, and high-performing teams and business organizations have earned him a reputation as a "leader of leaders."

    A Harvard Business School-educated CEO, O'Neil contends that fostering a corporate culture founded in respect, diversity, employee development and corporate social responsibility is what drives the success of the award-winning sports teams and businesses he oversees. These awards include Fast Company's "Most Innovative Company," Entrepreneur Magazine's "Top 50 Cultures," Sports Innovation Lab's "Top 25 Most Innovative Professional Teams in the World" and many others. The "Most Innovative Executive in Sports" (SportTechie) and "Most Admired CEO" (Philadelphia Business Journal) have been named to lists that include the "100 People of Power and Influence" (#37, The Hockey News/Sports Illustrated), multiple "Power 100" lists (NJ Biz, Philadelphia Business Journal, Philadelphia Magazine) and more.

    A decade-long Member of the NBA and NHL Board of Governors, O'Neil's insights on the sports industry's ability to move the global market have made him a prominent, regular voice on Bloomberg, FOX Business, CNBC, CNN, and across global business media.

    Scott is a man of faith and a father of three. His conviction to lead a perpetually present life as he famously "runs to work" and "runs home," guides his commitment to helping others realize their full potential.

    Be Where Your Feet Are: Seven Principles to Keep You Present, Grounded, and Thriving. Scott O'Neil

    Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo


    316: Tim Bottke, Redefining digital transformation Jan 30, 2023
    Show notes

    Welcome to Strategy Skills episode 316, an episode with the author of Digital Transformation Payday, Tim Bottke.

    Why do companies embark on digital transformation? Is it because they need it? Or is it because it's the trend?

    In this episode, we deep dived into the world of digital transformation. We discussed the common mistakes companies make when pursuing digital transformation and the rationale that CEOs and leaders must have to succeed in this endeavor.

    Tim Bottke is a senior Strategy Partner at Monitor Deloitte and an Associate Professor for Strategy and Digital Transformation at SDA Bocconi, a Financial Times, Forbes, and Bloomberg Businessweek top five European business school. He has more than 22 years of top management consulting and digital transformation experience from two global strategy boutiques and Deloitte, working with clients in more than 20 countries.

    Digital Transformation Payday: Navigate the Hype, Lower the Risks, Increase Return on Investments. Tim Bottke

    Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo


    315: Suneel Gupta, The hidden meaning behind failure Jan 25, 2023
    Show notes

    For this episode, let's revisit a Strategy Skills classic where we interviewed Suneel Gupta, the author of the international bestselling book Backable (2020). This book is rooted in his inner journey from twice-failed entrepreneur to becoming a leader behind two IPOs and being named "The New Face of Innovation" by the New York Stock Exchange. The book reveals the mindset shifts and hidden habits of people who are extraordinary at pushing new ideas forward. It shows how the key to success is not charisma, connections, or even your résumé, but rather your ability to persuade others to take a chance on you.

    As the founding CEO of RISE, a breakthrough wellness company, Suneel helped thousands of people establish a way to personalize their physical and mental health journey while connecting with certified nutritionists and trainers at an affordable price. The company was named "App of the Year" and partnered with then first-Lady Michelle Obama before being acquired by the NASDAQ-listed company One Medical Group. In 2022, with its acquisition of One Medical Group, RISE is now part of Amazon.

    As visiting scholar at Harvard Medical School, Suneel researches and teaches the interconnection between inner well-being and outer leadership. He is also emissary for Gross National Happiness between the United States and the Kingdom of Bhutan.

    Suneel is currently the host of Business Class, a docuseries created by American Express where he showcases entrepreneurs and business visionaries who embody struggle and resilience. He is joined on the show by guests like Top Chef's Tom Colicchio, former monk Jay Shetty, and Martha Stewart.

    Suneel has also personally backed ventures including Impossible Foods, AirBnB, 23andMe, and SpaceX. He was one of the very first investors in CALM, which now helps millions of people achieve a greater sense of work/life balance.

    Get Suneel's book here:

    Backable: The Surprising Truth Behind What Makes People Take a Chance on You. Suneel Gupta

    Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo


    314: Bill Carr, What drives Amazon's success? (Strategy Skills classics) Jan 23, 2023
    Show notes

    For this episode, let's revisit a Strategy Skills classic where we interviewed the former Amazon Digital Media VP, Bill Carr. Bill is the coauthor of Working Backwards: Insights, Stories, and Secrets from Inside Amazon, an insider's breakdown of Amazon's approach to culture, leadership, and best practices from two long-time, top-level Amazon executives.

    Bill Carr joined Amazon in 1999 and spent more than 15 years with the company. As the former Vice President of Digital Media, Bill launched and managed the company's global digital music and video businesses, including Amazon Music, Prime Video, and Amazon Studios. After Amazon, Bill was an Executive In Residence with Maveron LLC, an early-stage, consumer-only venture capital firm. Bill later served as the Chief Operating Officer of OfferUp, the largest mobile marketplace for local buyers and sellers in the U.S.

    Today, Bill is the co-founder of Working Backwards LLC where he coaches executives at large and early-stage companies on how to implement the management practices developed at Amazon. Bill holds a Bachelor of Arts degree from Colby College and a Masters in Business Administration from the Goizueta Business School at Emory University.

    Get Bill's book here:

    Working Backwards: Insights, Stories, and Secrets from Inside Amazon. Bill Carr and Colin Bryar.

    Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo


    313: Why approve investments with negative returns? (Strategy Skills classics) Jan 18, 2023
    Show notes

    For this episode, let's revisit a Strategy Skills classic from the Corporate Strategy & Transformation study.

    In this podcast, we look at the problem of superficial financial analysis. One way to save the client money, before they run out of cash in about 16 months, is to stop all investments which lose money. This, however, is a terrible idea that will cause enormous damage to the client's core business, consumers, and the economy. We discuss how we handle this recommendation and what we proposed in the study to fix the problem.

    Click here to see the full study and here to see the merger study and market entry study.

    Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo


    312: Handling client's difficult questions (Strategy Skills classics) Jan 16, 2023
    Show notes

    For this episode, let's revisit a Strategy Skills classic where we address how to answer difficult questions raised by the client during an executive workshop or another type of client's executive group meeting.

    We start with discussing the right mindset any consultant requires to be able to effectively handle difficult questions from a client. We thereafter review the particular steps in addressing a client's difficult questions raised during a workshop or a presentation. Lastly, we dive into which skills are required to be able to handle difficult questions, especially the kind of questions for which you don't have an immediate answer.

    Click here to see the full study and here to see the merger study and market entry study.

    Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo


    311: How accurate was our financial model for the market entry strategy study? (Strategy Skills Classics) Jan 11, 2023
    Show notes

    For this episode, let's revisit a Strategy Skills classic where we discuss how accurate our financial model for the market entry strategy study is.

    Watch the video version here: How accurate was our financial model for the market entry strategy study?

    Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo


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