The Advancing Leadership Blog

August 2014 #Shelfie

Quebec City TEC Chair, Andre Turcotte, is our next contributor to the #shelfie series and shares reading recommendations from his bookshelf that inspire him as a business leader and mentor. Share your own #shelfie with us on Twitter @TECCanada

 

This first book will be perfect for you, if you are interested in growing your business more rapidly. “Lessons from Private Equity Any Company Can Use” written by Orit Gadiesh, CEO of Bain & Cie, one of the largest Private Equity Company in the world. The book is very concise and direct with the cooking tricks you will love. She clearly explains how to:

  • Define the very full potential of your business
  • Develop the Blue Print that will guide you on your journey
  • Accelerate the performance of your team
  • Harness the talent of your team
  • Make your equity work for you and finally
  • Foster a results-oriented mind-set.

The second book is for those of you who would like to look at your business model to reshape it or at least question and diagnose it. “The Business Model Generation” by Alexander Osterwalder and Yves Pigneur is another extraordinary ‘cook book’ for a CEO. Read the book with your business in mind and build your actual business model directly on the template and as you go. By the end of the book, you will have different examples of how you could change your business model and how you should explore different alternatives. Very clever, clear and step by step. After using the model with a few TEC members in Quebec City, I had the opportunity to attend their seminar in New-York City, and work with Alexander Olsterwalder. It was a great opportunity to enrich my understanding and my application of this excellent tool. If you did not really question your business model for more than 3-5 years, I strongly recommend that you read that book and start the exercise.

My last selection is “The 4 Disciplines of Execution” by Chris McChesney and Sean Covey. The book presents only 4 (which is enough) techniques that will help you to get the discipline to Execute.

In fact, as a leader there are only two elements you can control to develop your business:

  • Your strategy (the first 2 books will help you on that)
  • The execution of your strategy

Based on different studies and a lot of real life examples, Sean Covey (Yes, the son of Stephen) and his writing partners, will make you understand the importance of having only one to three very clear priorities by period of time (Year, Quarter, Month, Week, Day), as well as how you should act on lead indicators instead of gap indicators and why you should have a “public” scorecard to show the results of each team or team player. This book will also outline how you can rapidly influence the cadence of accountability in your business. These strategies, combined with being supported by your Chair and your fellow TEC members, will no doubt help you to outperform your competitors.

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