Gillespie’s Hypothesis of Business Leadership

•There is a difference between management and leadership

•Your business is NOT an exception.•80% of all businesses lack true leadership.

•Gillespie’s Corollary: The 80% figure is probably low but it fits into the Pareto Principle.

Leadership is…

• Perceived that everyone knows it when they see it.

• Few have experienced it.

• Fewer understand it.

• Even less understand the economics.

• Blah, blah, blah

Moving ON

•What do others say about Leadership?

Dilbert Principle

• Coined by Scott Adams as a variation of the Peter Principle.

• The most ineffective workers are systematically moved to the place where they can do the least damage: management.

Clarke’s 3 LawsFormulated by Arthur C. Clarke

• First Law:

• When a distinguished but elderly scientist states that something is possible, he is almost certainly right.

• When he states that something is impossible, he is very probably wrong.

Clarke’s 3 Laws

• Second Law:

• The only way of discovering the limits of the possible is to venture a little way past them into the impossible.

Clarke’s 3 Laws

• Third Law:

• Any sufficiently advanced technology is indistinguishable from magic.

Brooks’ Law

• Named after Fred Brooks author of “The Mythical Man-Month [Project Management publication]

• Adding manpower to a late software project makes it later.

Amara’s Law

• Proposed by Roy Amara

• We tend to overestimate the effect of technology in the short run and underestimate the effect in the long run.

Edward’s Law

• You cannot apply a technological solution to a sociological problem.

Finagle’s Law

• Generalized version of Murphy’s law

• Fully named “Finagle’s Law of Dynamic Negatives”

• “anything that can go wrong, will”

• There is no Finagle!

Hanlon’s Razor

• Corollary of Finagle’s Law

• “Never attribute to malice that which can be adequately explained by stupidity.”

Duffy’s Law

• “Most people are wrong about most things most of the time.

Hlade’s Law

• If you have a difficult task, give it to a lazy person; they will find an easier way to do it.

Murphy’s Law“the classic”

• Ascribed to Edward A. Murphy, Jr.

• “if anything can go wrong, it will”

• Less common version: “if it can happen, it will happen”.

Peter Principle

• Coined by Laurence J. Peter (1919-1990)

• “In a hierarchy, every employee tends to rise to his level of incompetence”.

• Also see Dilbert Principle

Pareto Principle

• Named after Vilfredo Pareto

• Framed by Joseph M. Juran

• States that for many phenomena 80% of consequences stem from 20% of the causes.

Rothbard’s Law

• “Everyone specializes in his own area of weakness”.

Reilly’s Law

• Law of Retail Gravitation:

• “People generally patronize the largest mall in the area”.

• Location-Location-Location

Sturgeon’s Law

• Derived from science fiction author Theodore Sturgeon (1918-1985)

• “Ninety percent of everything is crud”.

Sutton’s Law

• Named after Willie Sutton – bank robber.

• Often cited in medical school to new doctors.

• “Go where the money is”.

Law of Unintended Consequences

• First developed by Robert K. Merton in 1936• “The actions of people (especially government)

always have effects that are unanticipated or unintended”.

• This law is largely ignored by politicians and popular opinion.

Parkinson’s Law

• Coined by C. Northcote Parkinson (1909-1990)

• “Work expands so as to fill the time available for its completion”.

A successful man is one who can lay a firm foundation with the bricks

others have thrown at him. David Brinkley

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