David Parmenter

About David Parmenter

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So far David Parmenter has created 144 blog entries.
My vision is to change how leading organisations, around the world, measure and manage performance – by 2030
2708, 2011

Mentors

By |August 27th, 2011|0 Comments

You need one now. I am currently in discussion with Louis and I am telling him that a cluster of mentors is essential for greatness. Louis is one of the string of undergraduates that I have had the pleasure of working with. A key criteria of selection of these under graduates is that I need […]

2208, 2011

The myths of KPIs number 1 to 3

By |August 22nd, 2011|0 Comments

There are many reasons why your performance measures are not working. One main factor is a lack of understanding of the myths surrounding performance measurement , as David Parmenter explains*.

Myth #1: You can delegate a performance management project to a consulting firm
For the last fifteen years or so many organisations have entered performance measure initiatives […]

1508, 2011

Recruiting – a life and death decision

By |August 15th, 2011|0 Comments

Peter Drucker emphasized the significance of recruiting by calling it a life and death decision. When I travel around the world talking to workshops I always get a large show of hands when I ask, “Who has recruited somebody they have lived to regret?”. We simply do not put enough time into ‘putting fences at […]

908, 2011

Candour – A Jack Welch Wisdom

By |August 9th, 2011|0 Comments

Jack Welch preaches management need to have more candour, to be open, honest and frank. This is particularly important with staff who are not performing well. I recommend, you listen to a youtube recording of Jack talking about Candour.

108, 2011

Toyota's 15 year advantage

By |August 1st, 2011|0 Comments

Having read a couple of brilliant books on Toyota, in particular Jeffrey Liker’s, “The Toyota Way”. It became clear to me that Toyota has a significant advantage over all other organisations. To replicate their 14 principles in an organisation would take up to 15 years of dedicated work. A Journey that many leading companies […]

2107, 2011

Jack Welch and his Legacy

By |July 21st, 2011|0 Comments

I heard the other day, somebody express an opinion that Jack Welch was out of favour. I would like to put on record, that I believe his leadership and management practices are and have been outstanding. His book, “Winning” is in my top ten business books and a recommended read. Search “Welch + youtube” and […]

707, 2011

The influence of Jim Collins

By |July 7th, 2011|0 Comments

The more I read Jim Collins’ work, the more profound I believe his work is. His book, “How the mighty fall”, is a must read for any investor, executive or government official. It is an accurate predictor of failure. His website, JimCollins.com should be on every bodies favourites. 15 minutes a week should be considered a necessary ‘fix’.

107, 2011

Abandonment

By |July 1st, 2011|0 Comments

I am a follower of Peter Drucker. He had many profound sayings, but probably the most significant was abandonment. He saw abandonment as the key to innovation. Abandonment freeing both time and money away from activities that weren’t working into new initiatives.

Companies that have followed his thinking have even instituted abandonment days, once a […]

2804, 2011

Books that have influenced my thinking

By |April 28th, 2011|0 Comments

The Winner’s Bible: Rewire Your Brain for Permanent Change

Buy this Book @ amazon.com
Improve your decision making
Making Smarter Decisions

Corporate Finance Team

“Reinventing the CFO” by Jeremy Hope Harvard Business School Press 2006.

Buy this Book @ amazon.com

Beyond Budgeting: How Managers Can Break Free from the Annual Performance Trap , Jeremy Hope and Robin Fraser, Harvard Business School Press, […]

2309, 2010

Feedback from the The top 20 mistakes corporate accountants make Tour of Australia

By |September 23rd, 2010|0 Comments

Comments:

• The presenter was engaging, informative and knowledgeable. The time went so quickly which is very unusual for an accounting conference!

• This was one of the best courses I have attended in a long time – well done to all involved!!

• Excellent choice of presenter, David should be congratulated for his excellent delivery and convincingly inspirational approach.

• An […]