gillespie’s hypothesis of business
DESCRIPTION
A different/lighter spin on business leadership.TRANSCRIPT
Gillespie’s Hypothesis of Business Leadership
•There is a difference between management and leadership
•Your business is NOT an exception.•80% of all businesses lack true leadership.
•Gillespie’s Corollary: The 80% figure is probably low but it fits into the Pareto Principle.
Leadership is…
• Perceived that everyone knows it when they see it.
• Few have experienced it.
• Fewer understand it.
• Even less understand the economics.
• Blah, blah, blah
Moving ON
•What do others say about Leadership?
Dilbert Principle
• Coined by Scott Adams as a variation of the Peter Principle.
• The most ineffective workers are systematically moved to the place where they can do the least damage: management.
Clarke’s 3 LawsFormulated by Arthur C. Clarke
• First Law:
• When a distinguished but elderly scientist states that something is possible, he is almost certainly right.
• When he states that something is impossible, he is very probably wrong.
Clarke’s 3 Laws
• Second Law:
• The only way of discovering the limits of the possible is to venture a little way past them into the impossible.
Clarke’s 3 Laws
• Third Law:
• Any sufficiently advanced technology is indistinguishable from magic.
Brooks’ Law
• Named after Fred Brooks author of “The Mythical Man-Month [Project Management publication]
• Adding manpower to a late software project makes it later.
Amara’s Law
• Proposed by Roy Amara
• We tend to overestimate the effect of technology in the short run and underestimate the effect in the long run.
Edward’s Law
• You cannot apply a technological solution to a sociological problem.
Finagle’s Law
• Generalized version of Murphy’s law
• Fully named “Finagle’s Law of Dynamic Negatives”
• “anything that can go wrong, will”
• There is no Finagle!
Hanlon’s Razor
• Corollary of Finagle’s Law
• “Never attribute to malice that which can be adequately explained by stupidity.”
Duffy’s Law
• “Most people are wrong about most things most of the time.
Hlade’s Law
• If you have a difficult task, give it to a lazy person; they will find an easier way to do it.
Murphy’s Law“the classic”
• Ascribed to Edward A. Murphy, Jr.
• “if anything can go wrong, it will”
• Less common version: “if it can happen, it will happen”.
Peter Principle
• Coined by Laurence J. Peter (1919-1990)
• “In a hierarchy, every employee tends to rise to his level of incompetence”.
• Also see Dilbert Principle
Pareto Principle
• Named after Vilfredo Pareto
• Framed by Joseph M. Juran
• States that for many phenomena 80% of consequences stem from 20% of the causes.
Rothbard’s Law
• “Everyone specializes in his own area of weakness”.
Reilly’s Law
• Law of Retail Gravitation:
• “People generally patronize the largest mall in the area”.
• Location-Location-Location
Sturgeon’s Law
• Derived from science fiction author Theodore Sturgeon (1918-1985)
• “Ninety percent of everything is crud”.
Sutton’s Law
• Named after Willie Sutton – bank robber.
• Often cited in medical school to new doctors.
• “Go where the money is”.
Law of Unintended Consequences
• First developed by Robert K. Merton in 1936• “The actions of people (especially government)
always have effects that are unanticipated or unintended”.
• This law is largely ignored by politicians and popular opinion.
Parkinson’s Law
• Coined by C. Northcote Parkinson (1909-1990)
• “Work expands so as to fill the time available for its completion”.
A successful man is one who can lay a firm foundation with the bricks
others have thrown at him. David Brinkley
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