Just watched Robert Scoble interview with Matt Rissell, solution-hero of SMEs and founder of TSheets, an online timetracker service.The most interesting part was Matt’s discovery when he interviewed 100 CEO’s to learn what “tools” they used to be productive and effective, he found no commonality. But then, he had a new insight when he discovered there were common principles in the way they operate. Below I have summarised the salient points out of the interview. ( I note that Matt has started vlogging in instalments on each of these over at his blog too- so go there for more detail)Modus operandi highly effective CEO’s – 10 observed principles:1. Passion – you have to “want”. 2. Surround yourself with excellent people and don’t be afraid they will outshine you. That’s the point!3. Create an environment where great people can succeed. Its not easy to hire the best, and then you need to keep them and charged with a continual re-casting of the vision. The context matters. A story from the Roman Empire was shared about how 2 workers differed in productivity- the most productive was the one who was not building a temple, but working on building the most powerful empire!4. Simplicity – low tech can be faster. Choose your tools carefully. http://www.jot.com was very popular. 5. Know your “why” from your “want” – your inner motivation.
Trends observed1. Now small biz owners are looking towards internet to solve their business problems2. CEOs of very large corporations beginning to realise if they are not using the internet smartly, they are just going to be irrelevant.