Set in the business world of Denmark during the early 21st century with emphasis on how the companies which were clients of the author, Lars Neilsen,adapted to the economic disasters occurring around 2008 along with the author’s experiences part of an ongoing Gold Medal Olympic rowing team. According to Neilsen’s experience with the rowing and with his business consulting company, Olympeak, the formula for a winning culture is P=S+C Performance = Skill + Commitment. The skill level of each and every team member or employee plus the commitment level for each and every one of these people equals the performance of the entire company. Higher skills and commitment result in higher or better performance.
My take-away — Skill and Commitment can be subjective — if the WRONG skills are selected or if the commitment for destruction is high, the performance quotient may not be profitable for the company. My understanding — the planning systems that Neilsen helps each company develop are aimed at the desired performance, key people plan goals around desirable skills and commitment levels, then go forth to select people who have the necessary skills and commitment potential to accomplish the performance.
Skill and Commitment can be learned; Performance cannot. P=S+C Performance = Skill + Commitment.
The rowing training and winning taught the team members that they MUST concentrate on their individual skills and talents while respecting the other team members. Their goal was perfect and successful teamwork focused on the race at hand.
Using the principals of leadership that he observed and learned on the rowing team, Neilsen has developed individual processes for each of his clients. The application of these strategies demanded that the company leaders be leaders, that they help employees become engaged in the strategy and the all stick with the plan in their ‘winning culture’.
I enjoyed reading about Neilsen’s experiences working with PANDORA Jewelry, a fascinating and inspiring company from its beginning. I found the philosophy that results cannot be planned while performances can encouraging and applicable in the things that I do. Making the most of the skills available in the employee pool and encouraging commitment from everyone involved with the business.