Lead Like Your Business Is On Fire - with Dr Sameer Hasija
This week, Nick revisits his Alma Mater, INSEAD, the world-renowned business school, in the company Dr Sameer Hasija, Professor of Technology and Operations Management at INSEAD, who joins the podcast to discuss his latest research, based upon the question of what happens to business models in the wake of new technologies, as well as the way in which the world itself is changing.
At the heart of this discussion is an astounding new book, co-authored by Dr Hasija, entitled ‘The Phoenix Encounter Method’, a work dedicated to exploring the methods of leadership now required in the wake of global disruption.
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KEY TAKEAWAYS
The phoenix principle is based upon the realisation that disruption happens, and we must seek to reinvent and resurrect when this occurs. Emerging technologies such as artificial intelligence, blockchain and robotics, are often used by firms in search of reinvention, giving them the edge of companies whose legacies are relatively siloed, or built upon processes that are not capable of leveraging these technologies. COVID threw up many sudden challenges, most notably in supply-and-demand. The ones who were able to conquer and thrive were the ones who had a nimble technology stack that allowed them to instantly partner with suppliers and logistics specialists. The core foundation of any scale-up ambitions are built upon effective processes. Robust structure is an essential component. But it is also crucial to recognise that once scale-up has been achieved, these frameworks can serve to stifle further growth.BEST MOMENTS
’You have to imagine burning your business to the ground - throwing yourself into a firestorm of change’
’Operations and technology are the core, the centre of execution’
’COVID led to a huge shock in demand-and-supply’
’Once you’ve scaled up, structure is going to be like shackles on you’
VALUABLE RESOURCES
Scale Up Your Business – scaleup.vip/podcast
Join the free Scale Up Your Business community: scaleup.vip/community
Take the Six Peaks of Value Creation Scorecard, to measure your current business performance and show you where to focus to get to where you want to be: https://scaleup.vip/sixpeaks
Dr Sameer Hasija Twitter - www.twitter.com/sameerhasija
LinkedIn: https://www.linkedin.com/in/sameer-hasija-47936b5/
The Phoenix Encounter Method - https://www.amazon.co.uk/Phoenix-Encounter-Method-Lead-Business/dp/1264257635
ABOUT THE HOST
Nick Bradley is a renowned entrepreneur, investor, speaker, and business growth expert.
His background is growing and scaling Venture Capital and Private Equity backed businesses globally.
Over the last decade, he has completed 117 acquisitions and 25 business exits with a combined valuation of over $5bn dollars.His mission is to help business founders build valuable businesses and create life-changing exits so they can realise freedom, wealth, and impact.
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