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The Leadership Exchange Role Models for Success David James – CEO & Director, Brasserie Bread Mike Cannon-Brookes – Co-Founder & CEO, Atlassian Christopher Witt – Founder, CEO School; Founding Director, UNSW Centre for Innovation and Entrepreneurship; Partner, Kalori Group Moderated by Valerie Khoo
The Leadership Exchange Role Models for Success David James – CEO & Director, Brasserie Bread Mike Cannon-Brookes – Co-Founder & CEO, Atlassian Christopher Witt – Founder, CEO School; Founding Director, UNSW Centre for Innovation and Entrepreneurship; Partner, Kalori Group Moderated by Valerie Khoo
David James CEO - Brasserie Bread City of Sydney – Let’s Talk BusinessInnovation of an “Old World” industry
Innovation of an “Old World” industry Developed predictive algorithm to enable the “scaling” of the sourdough bread making process  Developed company-wide intranet to systemize artisan baking business  Worlds first online shopping service for artisan bread  Integrated social media strategy
Predictive Algorithm ,[object Object]
3 days to make bread
14 days to build Starter
100 Customers 50 products
Spreadsheet to database
Ease of Use
Reliability BEFORE Growth ,[object Object]
Social       Media           Strategy *Twitter enables you       to ENGAGE             your community
Buy Online for In-store Pickup ,[object Object]
Automatic “real” deadlines
Leverage existing logistics
Pay shop owners commission
Drive foot-traffic & develop business partnership with shop owners
Develop “RAVING” Fans,[object Object]
The Leadership Exchange Role Models for Success David James – CEO & Director, Brasserie Bread Mike Cannon-Brookes – Co-Founder & CEO, Atlassian Christopher Witt – Founder, CEO School; Founding Director, UNSW Centre for Innovation and Entrepreneurship; Partner, Kalori Group Moderated by Valerie Khoo
The Leadership Exchange Role Models for Success David James – CEO & Director, Brasserie Bread Mike Cannon-Brookes – Co-Founder & CEO, Atlassian Christopher Witt – Founder, CEO School; Founding Director, UNSW Centre for Innovation and Entrepreneurship; Partner, KaloriGroup Moderated by Valerie Khoo
Leadership in a Data-Dense World 19 July 2011
July 11 Leadership 27 What I Just heard
There seems to be: Unlimited potential – Let’s expand everywhere Too many choices Overwhelming data, but not enough clarity  July 11 Leadership 28
July 11 Leadership 29 Preliminary Survey How many of you are CEOs? How many of you have can itemise a clear set of 5 key Performance Indicators? Do you track these Monthly? Can you specifically state what your business boundaries are? What do you do, and what you  do you not do?
Common problems for CEOs Lack of vision – in the name of being “Flexible” or “Opportunistic” Struggle for Control – failure to delegate in the name of “Quality” Avoidance of making choices – thinking we can have it all Uncomfortable with missing out – stretch too thin Sweating the small stuff     (or possibly sweating the wrong stuff!) July 11 Leadership 30
July 11 Leadership 31 What are the scarce resources? Management Bandwidth & Energy Teamwork Timely decision making
July 11 Leadership 32 What are the scarce resources? Management Bandwidth & Energy Teamwork Timely decision making 	Let’s protect & preserve these attributes religiously
July 11 Leadership 33 The Long & Winding road – Leadership needs to blend & decide
Fact 1 Numerous studies have shown that decisions made under time pressure and without data, generally suffer little in quality from those decisions with ample time & data. Instincts are an amazing feature of human learning. 	Moreover, there are clear benefits from timely decisions only part correct, versus late decisions more correct
Fact 2 The human mind tends to over-estimate the pain of a possible mistake. 	Then, the mind under-estimates the time needed & ability to bounce back from a mistake. Result: Caution, dwelling on failures, and low risk taking; a perfect survival strategy for a Neanderthal
What are some lessons from success stories? Learn to love the word “No” – it will save you a lot of wasted time and money chasing situations with little prospect
What are some lessons from success stories? Learn to love the word “No” – it will save you a lot of wasted time and money chasing situations with little prospect Seek to find a “fit” with others, rather than sell them on something they may or may not really want
What are some lessons from success stories? Learn to love the word “No” – it will save you a lot of wasted time and money chasing situations with little prospect Seek to find a “fit” with others, rather than sell them on something they may or may not really want Fearless & curious – ask Why, rather than What from your Partners &       Mentors
What are some lessons from success stories? Learn to love the word “No” – it will save you a lot of wasted time and money chasing situations with little prospect Seek to find a “fit” with others, rather than sell them on something they may or may not really want Fearless & curious – ask Why, rather than What from your Partners & Mentors Leaders empower others, and stream line to reduce barriers

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Let's Talk Business Leadership Exchange 19 July 2011

  • 1. The Leadership Exchange Role Models for Success David James – CEO & Director, Brasserie Bread Mike Cannon-Brookes – Co-Founder & CEO, Atlassian Christopher Witt – Founder, CEO School; Founding Director, UNSW Centre for Innovation and Entrepreneurship; Partner, Kalori Group Moderated by Valerie Khoo
  • 2. The Leadership Exchange Role Models for Success David James – CEO & Director, Brasserie Bread Mike Cannon-Brookes – Co-Founder & CEO, Atlassian Christopher Witt – Founder, CEO School; Founding Director, UNSW Centre for Innovation and Entrepreneurship; Partner, Kalori Group Moderated by Valerie Khoo
  • 3. David James CEO - Brasserie Bread City of Sydney – Let’s Talk BusinessInnovation of an “Old World” industry
  • 4. Innovation of an “Old World” industry Developed predictive algorithm to enable the “scaling” of the sourdough bread making process Developed company-wide intranet to systemize artisan baking business Worlds first online shopping service for artisan bread Integrated social media strategy
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  • 6. 3 days to make bread
  • 7. 14 days to build Starter
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  • 12. Social Media Strategy *Twitter enables you to ENGAGE your community
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  • 16. Pay shop owners commission
  • 17. Drive foot-traffic & develop business partnership with shop owners
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  • 19. The Leadership Exchange Role Models for Success David James – CEO & Director, Brasserie Bread Mike Cannon-Brookes – Co-Founder & CEO, Atlassian Christopher Witt – Founder, CEO School; Founding Director, UNSW Centre for Innovation and Entrepreneurship; Partner, Kalori Group Moderated by Valerie Khoo
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  • 34. The Leadership Exchange Role Models for Success David James – CEO & Director, Brasserie Bread Mike Cannon-Brookes – Co-Founder & CEO, Atlassian Christopher Witt – Founder, CEO School; Founding Director, UNSW Centre for Innovation and Entrepreneurship; Partner, KaloriGroup Moderated by Valerie Khoo
  • 35. Leadership in a Data-Dense World 19 July 2011
  • 36. July 11 Leadership 27 What I Just heard
  • 37. There seems to be: Unlimited potential – Let’s expand everywhere Too many choices Overwhelming data, but not enough clarity July 11 Leadership 28
  • 38. July 11 Leadership 29 Preliminary Survey How many of you are CEOs? How many of you have can itemise a clear set of 5 key Performance Indicators? Do you track these Monthly? Can you specifically state what your business boundaries are? What do you do, and what you do you not do?
  • 39. Common problems for CEOs Lack of vision – in the name of being “Flexible” or “Opportunistic” Struggle for Control – failure to delegate in the name of “Quality” Avoidance of making choices – thinking we can have it all Uncomfortable with missing out – stretch too thin Sweating the small stuff (or possibly sweating the wrong stuff!) July 11 Leadership 30
  • 40. July 11 Leadership 31 What are the scarce resources? Management Bandwidth & Energy Teamwork Timely decision making
  • 41. July 11 Leadership 32 What are the scarce resources? Management Bandwidth & Energy Teamwork Timely decision making Let’s protect & preserve these attributes religiously
  • 42. July 11 Leadership 33 The Long & Winding road – Leadership needs to blend & decide
  • 43. Fact 1 Numerous studies have shown that decisions made under time pressure and without data, generally suffer little in quality from those decisions with ample time & data. Instincts are an amazing feature of human learning. Moreover, there are clear benefits from timely decisions only part correct, versus late decisions more correct
  • 44. Fact 2 The human mind tends to over-estimate the pain of a possible mistake. Then, the mind under-estimates the time needed & ability to bounce back from a mistake. Result: Caution, dwelling on failures, and low risk taking; a perfect survival strategy for a Neanderthal
  • 45. What are some lessons from success stories? Learn to love the word “No” – it will save you a lot of wasted time and money chasing situations with little prospect
  • 46. What are some lessons from success stories? Learn to love the word “No” – it will save you a lot of wasted time and money chasing situations with little prospect Seek to find a “fit” with others, rather than sell them on something they may or may not really want
  • 47. What are some lessons from success stories? Learn to love the word “No” – it will save you a lot of wasted time and money chasing situations with little prospect Seek to find a “fit” with others, rather than sell them on something they may or may not really want Fearless & curious – ask Why, rather than What from your Partners & Mentors
  • 48. What are some lessons from success stories? Learn to love the word “No” – it will save you a lot of wasted time and money chasing situations with little prospect Seek to find a “fit” with others, rather than sell them on something they may or may not really want Fearless & curious – ask Why, rather than What from your Partners & Mentors Leaders empower others, and stream line to reduce barriers
  • 49. What are some lessons from success stories? Learn to love the word “No” – it will save you a lot of wasted time and money chasing situations with little prospect Seek to find a “fit” with others, rather than sell them on something they may or may not really want Fearless & curious – ask Why, rather than What from your Partners & Mentors Leaders empower others, and stream line to reduce barriers Decide to decide! Timely matters more than Perfection.
  • 50. July 11 Leadership 41 What does great Leadership look like?
  • 51. July 11 Leadership 42 It’s not like this!
  • 52. Set the agenda for your team Setting goals is the first step in turning the invisibleinto the visible. ~ Tony Robbins July 11 Leadership 43
  • 53. July 11 Leadership 44 Focus the Team via a “Dashboard” based on Critical KPIs
  • 54. Great Leadership maps out: July 11 Leadership 45 Vision – what we do, and equally, what we don’t do! Priorities Delegates - Accepts mistakes of others are a cost of doing business
  • 55. July 11 Leadership 46 Thanks for having me this evening!
  • 56. July 11 Leadership 47 Contact Details The Kalori Group 131 Macquarie Street, Level 14 Sydney, NSW 2000 Australia Mobile: +61.4.2844.2844 Email: cwitt@kalorigroup.com
  • 57. The Leadership Exchange Role Models for Success Thank you for your participation in this year’s Let’s Talk Business series. Tonight is the final seminar for 2011.