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Considered one of the most powerful women in the world (and certainly in business), Marilyn is CEO of Carlson Companies, and has grown the company from $12 billion to $40 billion during her tenure. She recently wrote a book showing the more human side of how business is just one aspect of life. Here are my notes from her Inc. 5000 speech:

What deeply cared for, fight for, of what personally mattered to her

Sunday School Story – if you don’t like it, fix it -> her Dad

Financial Collapse- Similar to performance enhancing drug for athletes. Performance was pushed (artificially) over stewardship. We are all suffering from this financial economic collapse.

Reduce the Job of leadership to 3 Words:
1) Strategy
2) People (We need to optimize these 3 categories)
3) Execution

1 Man Band- all infrastructure, resource, run through 1 decision-maker, risk is too great.
• Start up or crisis

Tribal Band- strong leader with helpers

Sovereign Organization- leadership creates a hologram of the minds of people

Strategy- (Strategic Planning) a collection of ideas of how we’re going to web

Psychology of Routines- Strategy helps you breakthrough the routine

1) Most companies think about Strategy too seldom -> Should do it every 90 days!!!
a. What are 3 most Strategic important accomplishments we’ve had in last 90 days? (some element of how we’ve changed the field of play)
b. What are 3 most important strategic ways we fell short of our strategic potential?
c. What are 3 most important things we’ve learned about our strategy?

You could build a strategy in 48 hours that is 90% as good as 3-month planning. (more…)