Sunday, April 22, 2007

Too much multitasking?

It may seem like we are getting more done by multitasking but maybe we would be more productive and deliver better results by focusing on one thing at a time.

I'm guilty of needing to keep all my faculties engaged by doing at least two things at once. Reading the paper, eating breakfast, listening to the radio would be typical. On Sunday night I'm switching between doing my blog, watching the hockey game and talking to my son in Vancouver. Probably not focusing adequately on any one of them but feeling productive by doing several things at once.

Also working on two interesting books at the same time. Jim Collins "Good to Great" and Henry Mintzberg's "Manager's, Not MBA's". Both have quite controversial and and unconventional points of view. Collins' research on companies that have gone from poor to exceptional performance concludes that none of them brought in celebrity CEOs that made big breakthrough strategic moves. Mintzberg makes a strong case against the value of an MBA for future managers and the damage done by the emphasis on analysis and bold strategic decisions by MBA trained executives. They would both suggest the recent history of HP under Carly Fiorina proves their point. She apparently disagrees.

Can we learn anything good from the celebrity CEOs that get so much attention as visionary leaders with exceptional entrepreneurial skills? I would say yes we can extract some useful ideas from their business strategies and tactics, but their are two important things to remember. First, their unique personalities and skill sets have a lot to do with their success (and their notoriety) and cannot be replicated. Second, their industry and company knowledge and experience may not translate into success in another company. That lesson has been very expensive to learn for many Boards of Directors and Shareholders. Think HP or Home Depot.

That's all for tonight. My battery is dying and Calgary-Detroit are in overtime!

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