Fortune 500, revenue, Toby Elwin, Bob Dylan

Fortune 500 revenue here, won’t get you there

The speed and pace of change demands business act, respond, and accomplish so much more, with so much less. HubSpot CEO, Brian Halligan, presents the following:

> In 1983, of the 1,000, largest American companies, by 1993, 811 remained
> In 2003, of the 1,000 largest American companies, by 2013, 243 remained

That change happens is constant reality. Now constant change accelerates the decade of decay. Demand for new revenue demands new business models and human capital competency.

In 2010 I wrote a post on Fortune 500 turnover, that simple math called almost 50%. What if the period took too much hit from the dot com bubble to provide a good source, in this post I revisit those numbers and look at 2013 and 2014 Fortune 500 numbers as well.

columbus, capability model, Toby Elwin, blog

Capability model incompetence

Capability models rarely aggregate the sum of people capability. Organization capability is sabotaged by people capability, the organization capability model rarely covers the contingency of the unwilling, the unable, and the unmotivated.

Organizations are a product of social interactions, not industry feature. People decide to avoid each other or work together and that is the sum of individually-motivated competence, not organization capability.

agility, organization, Toby Elwin, blog

Fast Start — The Importance of Agility

Fast Start conversation:  People who operate and respond in an ambiguous environment today provide the greatest organization, comparative advantage. The competency to thrive is agility and this agility skill, more than at any other time in organization history, differentiates those getting better from those getting worse. When put in an unfamiliar situation, people with agility are not stumped.  They do not fall apart.  People who are agile are ones willing and eager to learn new things.  This learning agility differentiates the successful and the unsuccessful and within Human Resources Executive’s article, The Importance of Agility, agility as a competence is the in focus. Those committed to life-long learning are no longer leading by example and being an Agile learner usurps that.  We tend to hear of Agile project management, but what of Agile self-development?  Agile learning agility has five key elements: Self-awareness, Mental …

Toby Elwin, advice people ignore, blog

Stop giving advice people ignore

At work do you ever say, “let me give you some advice”? If so, do people lean forward with anticipation to hear what you have for advice?

When reviewing a draft ever heard someone tell you, “well, here’s my advice”? If so, do you take a deep breath so as not to lose your cool?

When you gave someone advice was your advice followed? The point of communication: action. Advice alludes to an option, not expected action.

human capital, risk, evaluation, criteria

Human capital risk, now that’s real risk

You commonly hear an equity firm or VC partner claim, we invest in the people and when it comes to costs, human capital usually represents nearly 70% of all operating costs. Human capital risk is the real risk, but most investment firms don’t focus investment decisions and deal valuation not quantifying the people or human risk.  The overwhelming focus for investors is on quantifying risk by analyzing: Market growth or potential, Market size, Expected rate of return, and Expected financial risk Their decision to invest becomes a decision to assume the correct amount of risk for the projected payoff. However, the overwhelming valuations of risk are deeply flawed. The gamble, or risk is not on market or legal risk, but really a the risk of a team to deliver something within a certain time and within a certain budget. In other …