Clock building, not time telling
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The document discusses the difference between "clock building" and "time telling" in organizations. Clock building means building an organization that can prosper far beyond any single leader or idea by focusing on shared vision, values, and processes. In contrast, time telling refers to relying on a great idea or charismatic leader. The document advocates that leaders should focus on clock building by getting the right people in place, driving towards shared objectives, and allowing the organization to evolve and adapt over time. Examples are given showing that clock building organizations like 3M have thrived even after key leaders departed.
Clock building, not time telling
- 1. Clock Building, Not Time TellingLorenzo Orlando Caum@lorenzocaum
- 2. “The fundamental reason, the root reason, why families split up and organizations fail is that its members do not share a common vision.”-Stephen R. Covey
- 3. Clock Building, Not Time Telling
- 4. The Myth of the “Great Idea”Having a great idea or being a charismatic visionary leader is:“time telling”Building an organization that can prosper far after you are gone is known as:“clock building”
- 5. The Myth of the “Great Idea”Get the right people on the bus and in their best positions…THENDrive towards your values and objectives.
- 6. Waiting for “The Great Idea” Might be a Bad Idea“A negative correlation exists between early entrepreneurial success and becoming a highly visionary company.”In the long race, it is the tortoise that proves to be the victor, not the hare.
- 7. Waiting for “The Great Idea” Might be a Bad IdeaChallenge yourself to be a visionary!Think long term, not short term!
- 8. The Company Itself is the Ultimate Creation“....shift from seeing the company as a vehicle for the products to seeing the produces as a vehicle for the company.”Embrace clock building.
- 9. The Myth of the Great and Charismatic LeaderComparison and visionary companies have great leadership!Visionary companies are able to continue to be successful well after leaders have gone because they were “clock builders.”
- 10. Charisma Not Required!A high-profile, charismatic style is absolutely not required to successfully shape a visionary company.Ex: 3M & William McKnight3M is famous! | William McKnight is not…“…continuity of superb individuals atop visionary companies stems from the companies being outstanding organizations, not the other way around
- 11. The Company Itself is the Ultimate Creation / The Myth of the Great and Charismatic Leader /Charisma Not Required!Get the right people on the bus and in their best positions…THENDrive towards your values and objectives.
- 12. An Architectural Approach: Clock Builders at WorkArchitect = Clock BuilderBuilding an better organization is a continuous process.All members are leaders and should partake.
- 13. An Architectural Approach: Clock Builders at WorkMore ideas = a stronger movementEx: Sam Walton (Walmart) vs. Herbert Gilman (Ames)Walton allowed people to make decisions and grow. Gilman dictated all decisions.Wal-mart flourished after Walton died | Ames failed miserably after Gilman died.
- 14. The Message for CEOs, Managers, and EntrepreneursShift perspective & have the right set of mindIsaac Newton & Charles Darwin...to look for basic underlying principles of the entire system. ...underlying process of evolution.Success of visionary companies comes from underlying processes, not a great idea or a great charismatic leader
- 15. An Architectural Approach: Clock Builders at WorkBeing willing to welcome change and adapt or failChange must be fostered by the right people. Without them, there will be no change, and once again, a demise of an organization will follow.
- 16. Recap
- 17. ReferencesBuilt to Last by Jim Collins and Jerry l. Porras.The 7 Habits of Highly Effective People by Stephen R. Covey.
- 18. Lorenzo Orlando CaumEntrepreneur, marketer, and more…http://lorenzocaum.comhello@lorenzocaum.comConnect with me