Ram Charan—3 Secrets of Thriving Companies
Good Money with Derrick Kinney
Derrick Kinney
5.0 • 1.5K Ratings
🗓️ 1 February 2021
⏱️ 30 minutes
🧾️ Download transcript
Summary
What do the world’s top CEO’s know that you don’t? Ram Charan reveals the valuable insights he uses to guide these impactful business leaders. He says mistakes are normal, but bad decisions are what lead to disaster. By asking one simple question, “What’s the problem?” you open the door to unexpected opportunities. And if you want to stand out, he shares why you should never tell the CEO they’re right. Instead, give them a different way to think and understand the opposing viewpoint. By the way, embrace change quickly and you’ll reap rich rewards.
What you will learn:
- It’s people before strategy
- Confronting reality is crucial
- Manage your current business to build your new one
- Money is an indicator
- Why attitude is everything
- You need an outside perspective
Quotes:
- “When you look at the population of failed companies, you will always, and I mean always, track the decisions made or not made by the CEO.” – Ram Charan
- “The first thing is that cash is the blood supply of any business. Your existing business generates cash. If it doesn’t generate cash, you focus there first.” – Ram Charan
- “Making cash profit is a measure of how good you are in your business.” – Ram Charan
- “Get some fresh blood not totally contaminated with the past in your company and in your industry. Let them challenge you using the methodology.” – Ram Charan
- “They don’t need me to say that you are right. But say, ‘Well, here is a different way to think about it.’” – Ram Charan
- “It’s easier to see somebody else’s phenomenon than their own. That’s simply because the ins and outs of what they do every day get deeply etched and they see through the lens of the existing business, which is narrow.” – Ram Charan
Free Valuable Report for our Listeners: “3 Beliefs About Money Your Kids Should Learn That No One is Teaching Them”
https://goodmoneyframework.com
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Recommended Resources:
- ram-charan.com
- The Phoenix Encounter Method, Lead Like Your Business Is On Fire - https://amzn.to/39wHf29
Transcript
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| 0:00.0 | I know you want your kids to reach their full income potential, whatever their age, |
| 0:05.2 | but you may not feel confident talking with your kids about how to earn money, save money, and invest it. |
| 0:11.2 | But it's just not right for your son or daughter to |
| 0:14.0 | mess out on any opportunity for success. To help you, I prepared a valuable |
| 0:19.1 | free report. It's called Three Beliefs about money your Kids Should Learn that no one is teaching them. |
| 0:25.4 | Remember, this is for children of all ages. |
| 0:28.2 | One of our Good Money Show listeners, Jenny, emailed me and said, |
| 0:32.0 | My son was fortunate to land a great job in these trying times. |
| 0:36.0 | This report helped us have a great conversation about managing his new income. |
| 0:41.0 | Listen, we want your kids to be financially independent so they don't end up financially |
| 0:46.2 | dependent on you. |
| 0:48.7 | Download this valuable free report now. |
| 0:51.1 | Go to good money framework.com. That's good money framework.com. And now here's the |
| 0:57.3 | podcast. Welcome to the Good Money Show where we believe money is not bad and good people should |
| 1:10.0 | have more of it. |
| 1:11.4 | Good money in the hands of good people gets good work done. I'm your |
| 1:14.9 | host Derek Kenny. My guest today is renowned business guru Ram Sharon. As you're about |
| 1:21.5 | to hear, he and I go down a different path than you're used to |
| 1:24.9 | hear him. Today you get to go into the mind of a business genius and experience |
| 1:29.7 | how he thinks and what he does. You'll need to listen closely. The stories he shares and the |
| 1:35.6 | principles he explains will give you tools so you can make more money and do more good. |
| 1:41.0 | Ram has guided top companies and CEOs all over the globe in navigating complex business challenges. |
... |
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