In yesterday’s group LEAP (10/6/11) session we had the good fortune of John Miclot (Executive-in-Residence at Warburg Pincus, and former CEO of CCS Medical Inc and Respironics, Inc.) speaking to our group. In many ways, how he started his career, was not too dissimilar to my own. He always had a job from a very young age, and these jobs were quite varied, and I have always thought that I have had about as many odd jobs as anyone could imagine. He talked about these jobs and the value of moving around often (nationally and/or internationally) on one’s ability to communicate and deal with ambiguous situations.
He also brought up many things regarding strategy which related directly to the material discussed in our classes; from a SWOT analysis to always meeting analyst expectations (never miss quarterly earnings expectations). There were some additional points to take away. Regardless of your role in the company, you cannot lose sight of the customers. This may seem obvious, but it still happens. And when you develop a strategy, it should change rarely and must be easily explainable to ensure dissemination and acceptance throughout the entire organization.