Gecko Dashboard tool, Turning lawnmowers into robots, Global Inflation & The three main barriers to consistent growth
13th February 2022 Evolution Partners Newsletter
“It’s impossible for a man to learn what he thinks he already knows.” ― Epictetus
Hope you’re Thriving!
Big news for me this week as I finished the first draft of my new book about Onboarding and sent it to the editor. There’s still a way to go until launch, but after 1,109 surveys, months of analytics and two years of writing, I’m delighted with where it has landed. I’ll keep you up to date as things progress.
Everyone has a plan until…
We all know the famous quote from Mike Tyson about everyone having a plan.
Well, here’s one of my favourite excerpts from my book that I wanted to share with you.
“On November 9, 1996, when a reporter asked Mike Tyson whether he was worried about Evander Holyfield and his fight plan, he replied with the famous line, “Everyone has a plan until they get punched in the mouth.” Only one out of 50 boxing writers polled at the time gave Holyfield a chance of upsetting the odds and winning the match.
Going into that fight, the odds were 15-2 against Holyfield. Yet he shocked the boxing world by winning that fight because he stuck to the plan and adapted it when the circumstances changed. Seven months later, during the rematch, Holyfield’s plan could never have anticipated that Tyson would bite an inch off his right ear and then have his left ear bitten. But Holyfield adapted to the situation and went on to win the rematch.”The point? Planning matters, and adapting as the situation changes also matters.
Gecko Dashboard tool
We all know the value of dashboards to help teams align around the most important numbers. Indeed I spoke about the importance of dashboards in my book Made to Thrive, and you can see two 2 minute videos explaining the importance of dashboards here and here.
This week, I came across a simple dashboard tool that automatically connects with data from 80 cloud sources and compiles it into a dashboard the way you want.
If you’re interested, you can check out Geckoboard here
Turning lawnmowers into robots
“Lawns are America’s largest crop. More land and water are dedicated to lawns than to wheat and corn combined, and more than 40 million acres of land in the US has some form of a lawn.” according to Naganand Murty, CEO of Electric Sheep. The problem is that trying to care for the crop during “the worst labour market in recent history” is increasingly difficult. Enter Electric Sheep Robotics a company that automates old lawnmowers to mow lawns autonomously. It’s a creative way to solve the current labour problem and begs the question, can you use robots to solve your labour problems?
Read the article here
Employee or contractor
Note – this is only relevant to Australian readers.
This week, the Australian High Court made two important decisions about workplace contracts that will significantly affect employers and workers. Those decisions clarify a contested area of common law. If you’re in any way involved in employing people either as contractors or employees with a workplace contract, I encourage you to read this article outlining the High Court ruling to distinguish between an employee and an independent contractor.
Here’s the article High Court rules on whether you are an employee or an independent contractor.
This week I came across an interesting image showing global inflation by country. The data on this image was from October, and noteworthy is that US inflation this week came in at the highest levels in 40 years for January at 7.5%.
This week on The Growth Whisperers podcast
When scaling a business, there are three main barriers to consistent growth leaders must navigate. These three barriers to growth are
- Scalable Infrastructure – The lack of systems and structures to handle the complexities in communication and decisions that come with growth
- Market Dynamics – The failure to address the increased competitive pressures that build (and erode margins) as you scale
- Leadership – The inability to staff/grow enough leaders who have the capability to delegate and predict
This week on the podcast we discuss how and why each of these barriers affects the growth of a company.
The three main barriers to consistent growth
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