Leadership Entrepreneurship Innovation

“Leadership is the art of getting someone else to do something you want done, because he wants to do it” Dwight W Eisenhower “Leadership is about harnessing the collective intelligence, imagination and enthusiasm of Blackmores people that will ultimately shape our future.” Marcus Blackmore “The essence of leadership is having a shared vision that you can articulate clearly and forcefully. Simple and repetitive.” Lafley, Procter & Gamble

“Using high risk innovation to create rapid and substantial wealth.” (Gates. Branson. Murdoch. Pratt. Bond. Dick Smith) Self employment Predicting and acting on change within markets Tools –Let imagination run wild –Visualisation –Brainstorming –Allow people to fail

“Entrepreneurship is the process of identifying, developing, and bringing a vision to life. The vision may be an innovative idea, an opportunity, or simply a better way to do something. The end result of this process is the creation of a new venture, formed under conditions of risk and considerable uncertainty.” Entrepreneurship Centre at Miami University of Ohio

Count the number of times a white shirt throws the ball to another white shirt. Disregard the black shirts

“Innovation is the specific tool of entrepreneurs, the means by which they exploit change as an opportunity for a different business or service” Peter F. Drucker Amateurs built the ARK, professionals the TITANIC

Role of leadership and innovation in unlocking 3000% improvement in performance

Tyranny of past success Resistance to change Innovation using existing technology Role of Leadership Culture defined by reward system

How do we build and sustain a successful organisation? The 3 Ps –People –Product –Passion

“The ear of the leader must ring with the voices of the people” Woodrow Wilson The Value of People Motivation Compensation Communication PIRLS (Passion, Integrity, Respect, Leadership. Social Responsibility)

Being lean, fit and efficient is important, but it is THE COLLECTIVE INTELLIGENCE, IMAGINATION AND ENTHUSIASM OF OUR PEOPLE THAT WILL ULTIMATELY SHAPE OUR FUTURE. We need to sustain a workplace environment where the problems of motivation, commitment and uncertainty melt away and one in which we have the right people in the right places engaged in driving the organisation forward. We need happy passionate people, well rewarded and prepared to challenge the norms of the past. WE NEED TO DARE TO BE DIFFERENT. WE NEED TO STRIVE NOT ARRIVE” Marcus Blackmore

Quality alone is not our competitive advantage The capacity to develop ideas for both new and existing products will differentiate us from our competitors

Culture is an important ingredient of the brand Culture drives performance “Treat customers like guests and employees like people” Tom Peters

If wealth creation is the sole reason for being in business the world will be a much poorer place.