New Mindset Loading . . .

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The GROWTH Cycle

The Growth Cycle is Plan – Do – Check – Adjust (a project methodology):

PDCA: Rotating that pattern over & over again in your life.

1. You’ve got to PLAN it: what is your plan to grow? In whatever you’re doing or whatever business you’re in: a business that’s not GROWING is DYING.

Source: LENS Effect, by Orrin Woodward

2. Then you have to DO the plan – because the best plans in the world are useless without action behind them – you’ve got to set the plan into motion.And every plan should have a predictor result: if we do this, this & this, we should get “X” result/outcome.

Let’s say you’re in sales: it might be to make 10 phone calls every morning. And this is an excellent way to deal with what I call “micro-failures”: small setbacks that can upset us & cease forward motion. Imagine the change if these setbacks are not processed as failures, but as learning experiences along the road to ultimate success.

E.G.       

  • 75 Phone calls
  • 20 appointments
  • 1st time % run in a manufacturing plant
  • A personal program of exercise
  • Improved relationships

3. You Check it: were the results predicted in step 1 achieved?

4. You Plan it, you Do it, you Check it – and once the results are in, you Adjust as needed. This is the point where most will throw in the towel and say something like “I tried; it didn’t work and I’m a failure.”

But let’s examine the example of Thomas Edison who, when trying to invent the electric light bulb, failed approximately 1000 times before his first success. Did he fail, or did he really just cycle the PDCA process one thousand times until he finally discovered the right combination of elements that worked? Whether Mr. Edison called it “PDCA” or not – he really was engaged in the Growth Cycle: Planning it, Doing it, Checking it & Adjusting it.

This will work In any business, in any community, in any family:
“Man we wanna’ improve our family time & the relationships in our family”;

Great: Set a plan – Do the plan, Check the results & Adjust as necessary.

Imagine if you now wear the PDCA LENS so that every time you adjust your plan it’s not seen as a failure – but simply as another way that didn’t work – on the way to the eventual plan that does!

And then envision what your world would look like if you PDCA’d every area of your life: Business, Family, Spiritual, Health, Fitness & Finances. __________________________________________________________________

Materials excerpted from ‘The LENS Effect’, by Orrin Woodward

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What We Built During Lockdown . . .

As we emerge from the #COVID19 lock-down & look back — what metric(s) can we use to determine our effectiveness during #QuarantineLife?

Did you change or tweak a few habits?     What weve Built
Did you begin an exercise program?
Did you improve your skill sets & marketability?
Did you get done all the things you wrote down to do?

Here’s some of we’ve done @ LIFE Leadership; we’ve been building a “Super App“!

The LIFE “Super” (meaning multiple platforms) App combines a Pandora-like #Leadership Radio program, a University approved Financial Fitness curriculum, discounts on the Zoom online audio & web conferencing platform/App for educators & a Marketplace payment platform that builds both cash & virtual currency for the user — all secured via blockchain technology.

. . . and here it is:

http://www.mainhomepage.com/msg.aspx/B05C9944
(click link above)
Super App Graphic

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Are ‘Super Apps’ the Future?

By Betsy Atkins I Article

According to the Mary Meeker internet trends report, 51% of the world (3.8 billion people) are internet users, an increase from 49% (3.6 billion) in 2017. Smartphones are the primary internet access point for many people across the globe; emerging markets in remote geographies are a mostly untapped market for tech companies.

New trends are emerging that are closely tied with the growing number of internet users. Some of these major trends were described by Hans Tung of GGV Capital at the 2019 Fortune Brainstorm Tech Conference.  Super Apps

Real-time example:
The LIFE Super App (video)

Here are my learnings and takeaways:

For the past 20 years the model coming out of Silicon Valley has been the “single purpose” app. As the name suggests, these apps are single purpose and focus on solving one consumer pain point and have a clear, easy to use interface. These apps are built to be scalable at the global level with architecture that enable them to expand globally without changing much.

However, over the last 5 years there has been a new trend of “Super Apps” coming out of China. China has a rapidly growing, high density, urban middle class population that has enabled tech companies to capitalize on a “leap frog” effect.

Consumers embrace companies that are able to provide a service with a clear and intuitive interface; that service is then augmented by adding other services/functions. This encourages other merchants to want to partner with the app and provide their services on the app as well. Chinese users are accustomed to seeing a busier interface and appreciate the “one stop shop”. Users will be very loyal to an app that is easy to use, friction free, functional, provides good services and allows for a multifaceted experience. An example of a Super App would be an app where you can order your groceries, book travel, and buy a concert ticket all in one place.

This “Super App” creates an ecosystem where the user’s time is monopolized and there is no need for them to use a variety of apps.  The Super App model is rapidly growing in emerging markets such as India, South America and Southeast Asia. The US/Silicon Valley model is to grow vertically and go global. The focus of these super app companies is to aggressively expanding horizontally and dominate a specific geography.

The emerging markets present the opportunity for digitally born companies to thrive. There is no outdated infrastructure to overcome in these markets – everything can be built and tailored to a new generation of internet users.

Many of these emerging markets (i.e. China) are densely populated areas which has spurred another new trend: the “group purchase model”. This has the potential to be a major macro trend and is worth looking into and understanding.

In developing urban areas (often in China in the 2nd and 3rd tier cities) there is an eruption of urbanization. You will see 20-30 buildings in a cluster, each building with 30-60 floors, each floors with 6-12 units per floors. This is an instant community of about 10,000 people. It becomes much easier to efficiently deliver goods to this one cluster (where there may be several thousand people receiving the same good). A dominant Super App enables the “group purchasing” model in these highly dense areas. Hans Tung from GGV articulates these trends in this video.

The developing super apps and “group purchasing” model trends are also spurring a new era in the payments space. In China it is nearly impossible to pay for anything with a credit card, everything is done through mobile payments. Anecdotally it has been said that beggars on the street in China will have a mobile payment QR code so donors can give charity via a mobile phone. Every mom and pop shop will have a mobile payments account set up. It is difficult to find anyone who wants to accept a credit card as payments as they do not want to incur the transaction fees. Legacy credit card companies such as AmEx, Visa, and MasterCard would be well served to consider how mobile payments may disintermediate their user base across all geographies. More smart mobile payment apps will continue to emerge with much lower transactional fees.

The world is becoming a smaller place as more and more people are becoming internet users. These developing geographies are untapped markets – digitally born companies who understand the needs of these consumers are racing to become to become category winners as larger legacy companies are too slow to meet the rapidly increasing demands of these markets.

As you consider your boards’ products, it would be very valuable to ask management to explain their plans to participate in these rapidly dominating new trends of group purchasing, digital payments, and emerging market Super App dominance.
_________________________________________________________________

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LLR Corporate Subscription overview (pinned post)

LLR Corporate Development

The LLR Corporate Development Program (overview)

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The Main Thing

Living in an edification echo-chamber, where no “negative” is tolerated, stifles true collaboration, creativity, comradery & team-building, as those heralded as “leaders” fall back upon their laurels and forget (or neglect) the main thing.

#MainThing #Leadership #Excellence #Vision

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Eye on the Prize

1 Corinthians 9:24

24 Do you not know that in a race all the runners run, but only one gets the prize? Run in such a way as to get the prize.

#Focus #Discipline #Goals #Dreams #Champions

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The Crossroads

The Crossroads by Seth Godin

Which way to head?

We live in a world characterized by mistrust, ill health, economic uncertainty, inflicted racial trauma, generational shift and the existential crisis caused by carbon. Not to mention the stress and dissolution of traditional pillars like organized education, office space and live gatherings.

And . . . we live in a world with breathtaking medical technology, artificial intelligence, widespread and rapid cultural coordination, efficient farming, a move away from greed and the beginning of green tech. As well as self-driven learning, diverse cultural projects and the long tail.

Now more than ever, there’s room for leaders.

Go first.

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Simple Math

#Focus #Purpose #Leadership
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A Third, Much Greater, Thing

@RorkeDenver

“A Third Much Greater Thing”

“Those who love horses are compelled by an ever-receding vision; some enchanted transformation through which the horse and rider become a third, much greater thing.”
~Thomas McGuane

#LeadershipDevelopment #TeamBuilding #TheZone

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What Did You Expect?

By Seth Godin (link to Seth’s blog)


If you run a rush delivery company, expect that the customers will be rushed.

If you run a health food restaurant, expect that your customers will care about the ingredients you use.

If you run a preschool, expect that your users will act like little children at times.

If you offer urgent consulting services for clients in trouble, expect that they’ll be stressed and want you to work all night.

If you treat people with mental health issues, expect that they’ll not always be patient and long-term thinkers.

Sometimes, we get what we expect and still complain about it.

It’s a feature, though, not a bug.


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Motivate & Manifest

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Legacy Leadership


Build a legacy that outlives the oldest grandfather’s grandfather in the line of succession!

Legacy #Leadership

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Recover!

Opposition,
Obstacles,
Setbacks,
Obstructions,
Roadblocks,
Attacks
& Hurdles.

How do we process , respond & move on from them?

I was rewatching the classic Zack Snyder film, 300 (about the Greek King Leonidas & the 300 Spartan soldiers that held off the 100,000 horde of King Xerxes at the Hot Gates) and was struck by the way they recovered from the enemy’s attack.

At a key point in the film, after defeating many in Xerxes army in hand-to-hand combat, Xerxes unleashes what appear to be 10,000 arrows at the Spartans – so many that the sky is darkened by the airborne arrows themselves. The Spartan army quickly moves into a formation where they’re covered by their collective shields (each man’s shield buttressing the one on his right & left). A moment or 2 after the arrows have fallen, many of them embedded in the Spartans’ metal shields, a general gives the command to “RECOVER!”.

Each soldier then stands up, holds his shield in front of him and, with his sword, cuts the wooden shafts of the arrows off close to the shield. He is now ready to do battle once again.

Note that they don’t complain, whine or become distracted by the attack. They endure it and then . . . recover.

They display resilience:

  • They’ve defined what matters most to their organization: in their particular case, defending their Spartan homeland.
  • They’re aware of the risks involved (it’s a 300 vs. 100,000 battle).
  • They’ve identified the immediate challenge of 10,000 speeding arrows and supplied the needed resources (their stamina, strength & shields)
  • And, by fighting closely alongside one another, they’ve integrated, empowered & operationalized their plan of defense.

As professionals they respond to the challenge.

They’ve trained, they’re prepared, they are competent; and, when the threat has passed . . . they recover.

It’s a mindset; completed without another thought about it as the warrior prepares for the next challenge. And, with enough mental practice, we can do likewise.


Here’s the clip on You.Tube https://youtu.be/4jKpGddmArs

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