The Strategy Skills Podcast: Strategy | Leadership | Critical Thinking | Problem-Solving - podcast cover

The Strategy Skills Podcast: Strategy | Leadership | Critical Thinking | Problem-Solving

FirmsConsulting.com & StrategyTraining.comwww.firmsconsulting.com
CEOs and business leaders, management consulting senior partners, ground-breaking professors, thought-provoking writers and journalists, record-setting athletes and coaches, and award-winning actors and celebrities discuss the key issues facing the business world and broader society. Get free access to our newsletter, Monday Morning at 8 am, along with sample episodes from our training programs on www.strategytraining.com. Go to https://www.firmsconsulting.com/promo.

Episodes

335: Sandeep Chennakeshu, How to build a resilient and lasting business

Welcome to Strategy Skills episode 335, an interview with Sandeep Chennakeshu, the author of Your Company Is Your Castle: Proven Methods for Building a Resilient Business , where he describes how to assess and systematically build a company’s business model, financial health, strategy, culture, products, sales channels, execution, and stakeholder confidence to make the company formidable. Y our Company Is Your Castle equips you with critical insights and principles to build strong businesses and...

Apr 05, 202357 min

334: Bain's Rishi Dave, The secret of top sellers

Welcome to Strategy Skills episode 334, an interview with Rishi Dave, a partner in Bain’s Commercial Excellence practice with deep expertise in B2B marketing and digital marketing. In this episode, Rishi explains the concept of a “Day 1 List” in B2B sales and marketing and the three things that will get a supplier or seller on the list. Rishi also discussed what a “sales play” is, how to build it, institutionalize the knowledge within the company, and get the sales team to adopt the sales play t...

Apr 03, 202356 min

333: Gaia Bernstein, Managing screen time and addictive technology

Welcome to Strategy Skills episode 333, an interview with Gaia Bernstein, a Law Professor, Director of the Institute for Privacy Protection and Co-Director of the Gibbons Institute for Law Science and Technology at the Seton Hall University School of Law. She writes, teaches and lectures in the intersection of law, technology, health and privacy. Gaia is also the mother of three children who grew up in a world of smartphones, iPads and social networks. Her forthcoming book: Unwired: Gaining Cont...

Mar 29, 202350 min

332: Oscar Trimboli, The art of listening

Welcome to Strategy Skills episode 332, an interview with the author of How to Listen , Oscar Trimboli. Effective communication is not all about eloquent speaking. The key sits on the ability to listen and how you react and respond to what you hear. As Oscar said in the episode, “The difference between hearing and listening is action”. In this episode, we discuss what good listening and communication is. We also highlighted the impact of good listening in your career, organization, and personal ...

Mar 27, 20231 hr 13 min

331: Michael P. Leiter, Ph.D. How to beat burnout

Welcome to Strategy Skills episode 331, an interview with the co-author of The Burnout Challenge , Michael P. Leiter, Ph.D. Burnout is one of the major contributors driving people to leave their job. It results from unsuccessfully managed workplace stress and is a combination of exhaustion, psychological distancing, and a low sense of accomplishment. So how do we address burnout and who is responsible for managing this issue? In this episode, we discuss the factors contributing to employee burno...

Mar 22, 202349 min

330: Christina Maslach, PhD, Extinguishing burnout and workplace stigma

Welcome to Strategy Skills episode 330, an episode with Christina Maslach, PhD, a professor of psychology (Emerita) and a researcher at the Healthy Workplaces Center at the University of California, Berkeley. In this episode, we discuss the causes of burnout and the factors contributing to it, and how leaders and organizations can address this issue to provide a sustainable and healthy working environment for their employees. Christina Maslach, PhD, received her BA from Harvard and her PhD from ...

Mar 20, 20231 hr 6 min

329: McKinsey's Venkat Atluri, How to thrive in the ecosystem economy

Welcome to Strategy Skills episode 329, an episode with a Senior Partner and the global leader in the Tech and Telecommunication practice at McKinsey and Company, Venkat Atluri. In this episode, we defined the emerging ecosystem economy and how most successful companies navigate and thrive in this new world. Venkat Atluri is a thought leader at McKinsey, a prolific author, and a sought-after speaker at industry events. He collaborates with top executives, boards, and investors to create value th...

Mar 15, 202358 min

328: Structure of the visioning workshop

For this episode, let's revisit a Strategy Skills classic where we go back to the visioning workshop part of the study and re-visit some of the most important points you need to keep in mind. Click here to see the full study and here to see the merger study and market entry study. Watch the video version of this episode on YouTube: Structure of the visioning workshop Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo...

Mar 13, 202310 min

327: Promoting women into senior roles (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic from week 4 of the Corporate Strategy & Transformation study. Promoting women into leadership roles is a hot topic and, sadly, a debate. Why is it a debate? What are the elements that require further analysis? To paraphrase Marvin Bower, one does not ask a client if a woman should take over the relationship, one simply tells a client a woman is taking over. It is not the client’s job to decide what is right. In this podcast, we explain wh...

Mar 08, 202316 min

326: How too much debt impacts cost of capital (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic where we discuss how your cost of capital changes as you take on more debt and how this change is different between organizations. It's a crucial concept for this utility. We explain how the cost of capital change usually takes place and then we review the drivers at play that are different for this power utility vs. an average company. Click here to see the full study and here to see the merger study and market entry study. Watch the vid...

Mar 06, 202321 min

325: What is the role of government (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic where we use economics to explain what is the role of government, when governments should intervene, how they should intervene, and when they should hand over certain activities to the private sector. If you want to further your understanding of strategy at the highest possible level you should listen to this. Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo...

Mar 01, 202318 min

324: John U. Bacon, Developing a team of leaders (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic where we interviewed the author of LET THEM LEAD: Unexpected Lessons in Leadership from America's Worst High School Hockey Team . This book is a true story filled with unforgettable characters, stories, and lessons that apply to organizations everywhere. It includes the leader’s mistakes and the reactions of the players, who have since achieved great success as leaders themselves. Let Them Lead is a fast-paced, feel-good book that leaders...

Feb 27, 20231 hr 7 min

323: Ben Pring, How should we regulate tech? (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic where we interviewed the coauthor of Monster: A Tough Love Letter on Taming the Machines that Rule our Jobs, Lives, and Future, Ben Pring. Who is responsible for regulating and overseeing technology and online platforms? Is it the government? The ITs and developers? Or maybe…the users? In this episode, we deliberated the significance of technology in human lives and the negative consequences brought by irresponsible and abusive use of tec...

Feb 22, 20231 hr 8 min

322: Luke Burgis, What fuels our desires? (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic where we interviewed the author of Wanting: The Power of Mimetic Desire in Everyday Life , Luke Burgis. Why do we want what we want? This topic is rarely presented in conversations, business meetings, or political agendas, but it has a comprehensive impact on our lives and shapes our societies. This episode explores the psychology behind human desires, role modeling, competition, and the awareness of intentional wanting. Luke Burgis has f...

Feb 20, 202354 min

321: Jenn Lim, Go beyond happiness (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic where we interviewed Jenn Lim, the CEO of Delivering Happiness, also known as DH. In this episode, Jenn speaks about her journey of discovering and understanding the meaning of happiness and purpose. What is the source of genuine happiness and how does it impact your work and career? Delivering Happiness, also known as DH is a company that Jenn Lim and Tony Hsieh, the late CEO of Zappos.com, cofounded to create happier company cultures fo...

Feb 15, 20231 hr 3 min

320: Harvard's Frank Cespedes, Managing sales in a world of constant change (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic where we interviewed the author of Sales Management That Works: How to Sell in a World that Never Stops Changing by Frank Cespedes. How do you manage sales in a world that never stops changing? In this episode, Frank shares valuable insights to equip sales professionals and business leaders in managing sales within their organization and how to better improve and develop themselves while managing constant change. Frank Cespedes is a sales...

Feb 13, 202350 min

319: Harvard's Sandra Sucher, What is the foundation of trust? (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic where we interview the coauthor of The Power of Trust, Sandra Sucher. In this book, Sandra Sucher and Shalene Gupta examine the economic impact of trust and the science behind it and conclusively prove that trust is built from the inside out. Trust emerges from a company being the “real deal”: creating products and services that work, having good intentions, treating people fairly, and taking responsibility for all the impacts an organiza...

Feb 08, 20231 hr 19 min

318: Mark Mahaney, 10 proven rules to succeed in tech stock investing (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic where we interviewed one of Wall Street’s legendary tech analysts, Mark Mahaney. In this episode, Mark discusses ten lessons that are proven to help investors succeed in tech stock investing. He shares powerful advice and knowledge from analyzing the most explosive sector on Wall Street over the past quarter century. Lesson 1: There Will Be Blood… When You Pick Bad Stocks Lesson 2: You Can Lose $...Even When You Pick The Best Stocks Lesso...

Feb 06, 202341 min

317: Scott O'Neil, How to thrive where you're at (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic where we interviewed one of the most recognized, connected, and dynamic executives in the sports and entertainment industry today, Scott O'Neil. In this episode with Scott, he shared most of the valuable lessons in his life that keep him grounded and thriving as a leader, coach, husband, and father. Scott has more than 25 years of experience leading NBA, NHL, and NFL teams and leagues, including the National Basketball Association, Philad...

Feb 01, 20231 hr 4 min

316: Tim Bottke, Redefining digital transformation

Welcome to Strategy Skills episode 316, an episode with the author of Digital Transformation Payday , Tim Bottke. Why do companies embark on digital transformation? Is it because they need it? Or is it because it’s the trend? In this episode, we deep dived into the world of digital transformation. We discussed the common mistakes companies make when pursuing digital transformation and the rationale that CEOs and leaders must have to succeed in this endeavor. Tim Bottke is a senior Strategy Partn...

Jan 30, 202345 min

315: Suneel Gupta, The hidden meaning behind failure

For this episode, let's revisit a Strategy Skills classic where we interviewed Suneel Gupta, the author of the international bestselling book Backable (2020). This book is rooted in his inner journey from twice-failed entrepreneur to becoming a leader behind two IPOs and being named “The New Face of Innovation” by the New York Stock Exchange. The book reveals the mindset shifts and hidden habits of people who are extraordinary at pushing new ideas forward. It shows how the key to success is not ...

Jan 25, 20231 hr 22 min

314: Bill Carr, What drives Amazon’s success? (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic where we interviewed the former Amazon Digital Media VP, Bill Carr. Bill is the coauthor of Working Backwards: Insights, Stories, and Secrets from Inside Amazon, an insider's breakdown of Amazon's approach to culture, leadership, and best practices from two long-time, top-level Amazon executives. Bill Carr joined Amazon in 1999 and spent more than 15 years with the company. As the former Vice President of Digital Media, Bill launched and ...

Jan 23, 20231 hr 15 min

313: Why approve investments with negative returns? (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic from the Corporate Strategy & Transformation study. In this podcast, we look at the problem of superficial financial analysis. One way to save the client money, before they run out of cash in about 16 months, is to stop all investments which lose money. This, however, is a terrible idea that will cause enormous damage to the client’s core business, consumers, and the economy. We discuss how we handle this recommendation and what we propos...

Jan 18, 20239 min

312: Handling client's difficult questions (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic where we address how to answer difficult questions raised by the client during an executive workshop or another type of client's executive group meeting. We start with discussing the right mindset any consultant requires to be able to effectively handle difficult questions from a client. We thereafter review the particular steps in addressing a client's difficult questions raised during a workshop or a presentation. Lastly, we dive into w...

Jan 16, 202315 min

310: Top-down view of energy (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic about the top-down view of energy. It is crucial to provide boundaries when discussing sector-wide issues or the executives may get lost in the details and miss the key levers. Watch the video version here: Top-Down View of Energy Click here to see the full study and here to see the merger study and market entry study. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo...

Jan 09, 20239 min

309: Dr. Wendy Suzuki, How to improve your performance, the right way

For this episode, let's revisit a Strategy Skills classic where we interview an amazing neuroscientist, Dr. Wendy Suzuki. Wendy and Michael discuss how much many of us compromise our cognition and what can be done to improve our performance. You may be able to brag about that 1 a.m. email but if you could monitor your level of cognition you would quickly see, "Oh my God! This is not good." What is it doing for your brain? What is it doing for your executive functions in the prefrontal cortex? Le...

Jan 04, 20231 hr 14 min

308: Management consulting storyboards (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic where we share one of our more in-depth episodes taken as a sample video from one of our strategy studies. This episode is complimentary and available on iTunes, Youtube, Spotify, and many other podcast players. Watch the video version here: How do I build the storyboard and why is it done so early? Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo...

Jan 02, 202320 min

307: Adi Ignatius, Diving deep into enduring business ideas

Welcome to Strategy Skills episode 307, an episode with the Editor-in-Chief of the Harvard Business Review Group, Adi Ignatius. In this episode with Adi Ignatius, we discussed timeless pieces from the Harvard Business Review, deep-dived into the business ideas and concepts within, and discussed how its perspective on business ideas helps us prepare for the future . Adi shared how HBR ’s mission changed from the time it was founded and how it is improving for readers. Adi Ignatius oversees the ed...

Dec 28, 202250 min

306: Carolyn Buck Luce, Be your own hero

Welcome to Strategy Skills episode 306, an episode with one of America’s most respected and accomplished voices on women as leaders and their relationship with power, Carolyn Buck Luce. Have you ever wondered what the world looks like from someone else’s point of view? We are all born different, with unique perspective, set of skills, talent, and experience, and with this combination, we can write our own story and design a life that is aligned with our purpose and meaning. As Carolyn said, “If ...

Dec 26, 20221 hr 7 min