Episode 214 – Jim Gitney – Be Part Of How, To What and By When…
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How to Turn Strategy into Results with Jim Gitney Successful entrepreneurs have strategies in place for every aspect of their business. They know what they want to accomplish and develop a plan for obtaining it. However, not all become successful with their plans. They find themselves stuck wondering why they’re not seeing results like they wanted to. Does that sound like you? Join this conversation with Jim Gitney and learn how to turn your strategies into the desired results and scale your business to the next level. Jim Gitney has over 45 years of senior-level experience in world-class companies ranging from start-ups to Fortune 50. During his corporate career, he worked with GE, Black & Decker, Sunbeam, and Rainbird. He founded Group50® Consulting in 2004 and has worked with over 200 companies formulating and implementing strategy, realising hundreds of millions of dollars in improved performance for his clients. He has extensive experience in running large global operations and working with boards, business owners, and executives on developing and implementing transformative strategic initiatives, including Mergers and Acquisitions, integration, restructuring, and lean management, which encompasses business process engineering and sustainable continuous improvement initiatives. He has led or participated in 11 operational and financial restructurings. He is the author of Strategy Realized The Business Hierarchy of Needs®. He understands how to Turn Strategy Into Results. Let’s jump in! Key Highlights from the Episode; [00:00] Episode intro, a quick bio of the guest, Jim Gitney [03:19] How common is people’s failure to turn strategies into results [05:06] Technology as an enabler and not a replacer [07:33] What Jim is drinking in this episode and his coffee-drinking practices and routines [10:58] Jim’s backstory and inspiration to leave corporate and start Group50 Consulting [14:09] What distracts most people from following their vision or goal [25:39] Book Jim has authored and other recent projects he has worked on [27:04] The business hierarchy of needs [31:28] Best ways you can reach out, connect or grab a copy of Jim’s book [35:12] Golden key takeaways from the episode that you can implement today [38:23] What solopreneurs can do [40:21] Jim’s dream location & the inspirational book he would be reading [43:03] Ending the show and call to action Notable Quotes * 80% of strategies do not realise their intended value. Also, 80% of mergers and acquisitions do not end up creating the value that was originally anticipated.* Technology is not a replacement for the bridge between strategy and results. It is only a way of accelerating that connection.* What creates the most struggles and divisions among people in an organisation is a lack of alignment on one most important goals. * Make people in your organisation, no matter who they are, part of the how and get out of the way. Resources Mentioned * Get Jim’s book: https://strategyrealized.com/ * Total Recall: My Unbelievably True Life Story by Arnold Schwarzenegger: https://www.amazon.com/Total-Recall-Unbelievably-True-Story/dp/1451662440 Let’s Connect