I recently read that Warren Buffet spends 80% of his day reading and thinking. Can you imagine ‘80% of his day’!
According to Buffett, all of that reading and thinking is what has built his knowledge base, providing for less impulsive decision making in his business. In this world of go, go, go, most of us do not have the luxury to spend that much of our day this way. However, many high-profile CEOs also schedule thinking time into their calendars. In fact, AOL CEO Tim Armstrong makes his executives spend 10 percent of their day just thinking. Jeff Weiner, CEO of LinkedIn, schedules two hours of uninterrupted thinking time per day. While it may seem indulgent, in reality, they use that time to come up with new ideas, brainstorm ways to overcome challenges, set goals, and organize their ideas.
I wonder what the result might be if we included more of that time in our day? Certainly, it would make our work more proactive and carefully planned. To that end, the additional time spent might actually be a time saver in the long run. More informed, considered, decisions would prevent us from making mistakes and snap decisions potentially costing us precious time in resolving them.
From the time we enter 3rd grade, we begin reading to learn. Reading is how knowledge is attained, which in turn makes us better able to have meaningful conversations, challenge preconceived notions, and understand other points of view. Studies have shown that it also prevents memory loss and depression. According to billionaire trader Paul Tudor Jones, “Intellectual capital will always trump financial capital”. So, whatever amount of time you use for reading/thinking, will only serve to make you better at what you do.
While 80% is pretty impossible for most of us, we can certainly carve out reading/thinking time each week. Even Former President Obama spent one hour a day reading solely for interest, while in office. If the Leader of the Free World can do it, I think the rest of us can manage it too.
Try scheduling just a few minutes of thinking time into your day as a start. Imagine the possibilities!
A coach cultivates and enhances the skills and talent you already possess. Not so much a teacher, but more of an outside objective listener and truth-teller, the coach holds up a mirror so that you can see and improve your behavior and interactions and level up your leadership.
You may choose to work with an executive coach for a variety of reasons. Many chief officers find that the need to enhance their skills at conflict resolution is a key factor in the coaching decision. Increased confidence, improved self-awareness as an individual and in their role, and better interpersonal skills are other frequently cited reasons to begin an engagement.
Traditional strategic planning is a comprehensive multi-step process that helps a business to formulate their vision and map out the strategies and actions that will take them there. A sound strategic plan typically includes establishing key elements.
RoundTable Consulting works with businesses and non-profits to develop all strategic plan components, starting from a high-level analysis all the way through individual action items. The end result is that your team is guided through the development of a full strategic plan with deliverables tailored to your unique organization.
Professional facilitation helps individual executives or groups to identify and solve problems, come to a level of understanding about a certain situation, communicate concerns with each other for the good of the group, share new ideas and work together to build on them, and make lasting changes that include establishing clear direction and next steps.
Facilitation is a industry term used to describe an extremely compelling and effective way of working with teams and individuals that gives everyone an opportunity to be an active and engaging part of a decision making process. Why is facilitation needed? Why is a facilitator needed?