An executive’s guide to machine learning | McKinsey & Company

English: McKinsey matrix as described in McKin...

English: McKinsey matrix as described in McKinsey Quarterly Español: Reproducción de la Matriz de McKinsey según se describe en McKinsey Quarterly (Photo credit: Wikipedia)

English: 7 S Scheme from McKinsey Español: Ima...

English: 7 S Scheme from McKinsey Español: Imagen de las 7 S de McKinsey (Photo credit: Wikipedia)

In case you missed it, when it was published in June, this article by strategy consultants McKinsey is a must read. Check it out!

via An executive’s guide to machine learning | McKinsey & Company.

Like McKinsey, I’m a passionate believer that effective focus on strategy is paramount. It’s on delivery of strategy that things get a bit fkaky. Believe me, I know having been a specialist in delivering strategic change in different industries.

It seems that chief executives will no longer need to rely on an army of contractors and consultants charging GBP 5,000 a day to deliver their strategy, they will be able to increasingly turn to machine learning. On a related theme, I have recently predicted the demise of the traditional project manager.

Thoughts?

The small business success dream: How not to turn it into a nightmare | Dynamic Business – Small Business Advice – Forums | Dynamic Business Australia

If you’re thinking of starting or expanding a small business, there are some good tips here. It’s worth a read. Check it out!

via The small business success dream: How not to turn it into a nightmare | Dynamic Business – Small Business Advice – Forums | Dynamic Business Australia.

For me, the most powerful message is to get a good mentor.

Some time ago, John Gelmini and I had a long phone conversation about how to develop an effective mentoring business. We parked the idea because we sensed that people did not want to listen to the hard truths.

Let me give you an example. Earlier this year, I was asked by a distant relative to give his CV the ‘once over’. He’d been in a specialized job overseas for some years. His CV was full of buzz words, yet it give little hard evidence about his real achievements and competencies. I sent him off to study the linked in profiles of his competitors. We refined his profile but eventually he grew tired of my interventions and was in a hurry to get his CV out to market. I’ve not heard from him since and to the best of my knowledge, he’s still not made a career move.

The bottom line is learn to listen and take advice from the right people, experts and those whom you value their judgement.

Thoughts?