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Jun
30

Competitive Intelligence: Check Your Sparkplugs

Tom Hawes Competitive Intelligence, Strategy Effectiveness 2 comments

I was eighteen years old, fiercely independent and ready to go to college. We were living in Wyoming at the time and the college was in Florida. The long road trip ahead of me was the first one that I had ever undertaken by myself. I would have to make all the preparations beforehand, all of the decisions along the way and, of course, I was responsible for how I performed in school.VW

But first my trusty VW Bug had to get me there.

I set about to show everyone (especially my parents) that I could handle all of the preparations. I plotted the route for my 4 day journey. I decided on everything that had to go with me to college and made sure that it would fit in the car. Most of all, I prepared the car.

I checked the tires, the windshield washer fluid, the oil levels and so on. Boy, wasn’t I being thorough? And without any help to boot. About that time, my father asked if I had checked the sparkplugs. Well, I hardly needed any help from him or anyone else. I was a grown up and besides, didn’t he see what a great job I was already doing? “I’ll take care of it!” I snapped and he left the subject alone.

The departure day finally came and I drove off south through Colorado. Goodbye to living full time with the family. Hello to the college life. Independence day had arrived and I was doing just fine.

The first day was uneventful. I made it through the mountain passes of southern Colorado (barely) and arrived late in the day in Dumas, Texas. Somewhat nervously I checked in to the motel while halfway expecting that they would tell me I was too young to be traveling alone. All I remember about that night was the excitement of being on the road. I couldn’t sleep so I got up at 4 AM to start the next day’s travel. I left the motel in the dark that Sunday morning planning to travel a great distance that day (wouldn’t everyone be impressed with my accomplishment).

Spark PlugThat’s when it happened.

My VW engine began to misfire. It jerked as I tried to get up to highway speed. I was mystified about the cause. This had never happened before. What was I going to do? I limped into Amarillo looking for a miracle. Unfortunately, there were no car dealers open at 6 AM on Sunday morning. I decided to keep going for a while. Later that morning I stopped to call home. Specifically I wanted to talk to my brother because he knew a lot more about cars than I did (or do).

He asked me, “Did you check the sparkplugs?” Uh-oh. “Actually, I checked everything but the sparkplugs before leaving home,” I replied sheepishly.

Sometimes in corporate life we are diligent to check many things.

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Competitive Intelligence, failure signs, Strategy Effectiveness
Jun
16

CI Series: 7. Accumulate The Tools

Tom Hawes Competitive Intelligence, Organizational Development Add your comment

WrenchA couple of days ago a friend of mine called to borrow a specific tool. He was going to start a repair to his riding lawnmower and needed a torque wrench. He has a large number of tools already – screwdrivers, saws, sockets, pliers, drills, etc. – that he has previously used to make or repair things around his house. However, on this day and for this lawnmower repair project, he needed something that he did not already have. So what did he do? Well, he started with the first and most powerful tool that he had to find the tool that he was missing. He called someone that he knew. Now it turns out that I was no help that day since I didn’t have a torque wrench. However, if he secretly didn’t want to buy the tool, I could have easily connected my friend with someone else that had a torque wrench to lend.

There are three lessons that are significant.Toolbox

1. It is possible to anticipate the need for certain tools. When that is the case, it is best to get them as soon as possible. For example, every homeowner (or mechanic) needs a hammer. Everyone needs an assortment of screwdrivers. Everyone needs a saw of some sort. A person should master these common tools because they are useful in solving many problems.

In competitive intelligence, it is also true that there are common tools that should be identified and acquired early. Although you don’t have to have all of these tools on day one, it is useful to know that you will need them. Here is a partial list by category of some tools that you will likely need.

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Competitive Intelligence, Strategy Effectiveness, strategy implementation
Jun
14

It's The People, Stupid

Tom Hawes Competitive Intelligence, Strategy Effectiveness 4 comments

[For my non-US readers: In the 1992 US presidential campaign, Governor Bill Clinton’s staff coined the phrase “it’s the economy, stupid” to remind themselves of what was most important to voters. It helped them to focus all of their efforts on the most essential determinant of their success.]

As a mentor once told me, all problems are people problems.

PitcherI was reading my local newspaper this morning. In the sports section, there was an article extolling the positive impact that the new pitching coach had had on the professional baseball team in my area. All of the pitchers were suddenly pitching better. More strikes, longer outings and more wins seem to be rule instead of the rare exception that we had enjoyed in past years. What had made the difference, the new pitching coach was asked. Was he emphasizing new techniques or trickier pitches? Maybe he was having all of the pitchers exercise more or differently than before? Perhaps it was not only the pitchers but the also the catchers (who usually decide what kind of pitch – fastball, curve, change up – that the pitcher throws) that had improved?

Yes, it was all of that he reported to the newspaper. Pitching is complicated but he was nevertheless finding ways to be more effective with the same group that had performed poorly the year before. But, and this was important, something more significant than technical improvements was going on.

Undergirding all of his approaches was the simple truth given to him many years ago by a veteran coach. That coach told him that “pitching was a people business.”

Everything revolved around working more effectively with and through people. The new coach had begun emphasizing relationships, communication, trust and all those other things that help people work together better for a common cause. Obvious, you might think, but it is a simple understanding often ignored by other coaches that are convinced that superior mechanics alone win games.

What about business strategy and competitive intelligence?

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business strategy, Competitive Intelligence, Strategy Effectiveness
Jun
08

Strategy: A Different Kind of Smart

Tom Hawes Strategy Effectiveness 3 comments

My business motto is simple.

“Helping Smart People to Think Clearly About Their Business and Competitive Strategy”

I chose that phrase because it captures what fascinates me about people and challenges that they face. There are a lot of smart people in the business. Experts at technology, manufacturing processes, financial models and so much more inhabit the corporate world. Yet, these smart people sometimes get “stuck” when they work outside their expertise.

In the high technology industries that I am most used to it is a merit badge of sorts to be considered “smart.”  Knowing facts, solving problems that others struggle with, completing tasks faster are things that separate smart people from the crowd. Over time this helps increase the confidence that the same smart people feel about their capabilities.

With so many smart people, we might expect strategies that are well considered and implemented. Many people that I speak with tell me that this is not the case for their companies.

So why aren’t business and competitive strategies better?

There are two reasons that I have observed in nearly thirty years of work.

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business strategy, strategy, Strategy Effectiveness
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