“I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business. I read and think. So I do more reading and thinking, and make less impulse decisions than most people in business.”
~ Warren Buffett
So here is the
most successful investor of the 20th century; a “sage” who has
consistently ranked amongst the world’s wealthiest people (he was ranked as the
world’s wealthiest person in 2008) insisting on the uncommon exercise of
thinking.
“Thinking is the hardest work there is"
At ClickTell
Consulting, through our work with companies large or small, in the West or the East, we have identified the root cause of most problems facing corporations of
today to be a lack of critical and timely thinking. Lack of thinking and the
ensuing uninformed decision making is ultimately a major contributor to corporation
funerals or near death incidents.
Indeed as Henry
Ford put it; “Thinking is the hardest work there is, which is probably the
reason so few engage in it.” However, our observations show that, even in
the case of CEOs and senior managers fully conversant with the practice of
thinking there is another problem. They often find it simply impossible to be
dealing with the day to day issues of running a corporation at the same time as
finding the time to think. What they need is a “thinking buddy” in the form of
a Chief Thought Officer (CTO).
Business is all
about continuously developing strategies that have a greater chance of success.
Since identifying the need for CTOs and coining the term Chief Thought Officer, we have seen a vibrant demand for our insight in this field. Acting as
our clients’ CTO we support them to out-think, out-plan and out-manoeuvre
competitors and other forces.
What do you
think?
3 comments:
Great thoughts and suggestions.
It really makes you think why we have not had such a pivotal executive position until now.
After all Apart from the CEO we have; chief administrative officer (CAO), chief brand officer (CBO), chief business development officer (CBDO), chief financial officer (CFO), chief operating officer (COO), chief sales officer (CSO), chief marketing officer (CMO), chief information officer (CIO), chief communications officer (CCO), chief legal officer (CLO), chief technology officer (CTO), chief risk officer (CRO), chief creative officer (CCO), chief compliance officer (CCO), chief audit executive (CAE), chief diversity officer (CDO), or chief human resources officer (CHRO), chief commercial officer (CCO), chief content officer (CCO), chief information security officer (CISO), chief accounting officer (CAO), chief analytics officer (CAO), chief web officer (CWO), and chief strategy officer (CSO).
I wish I had thought of this. great read.
If Warren Buffett does it. It must be the right thing to do.
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