
A Scaling Up Perspective on the Ideas and Business Buzzwords That Keep Companies Average
In the Scaling Up community, we focus on the four decisions that drive every business: People, Strategy, Execution, and Cash.
After decades of working with leadership teams on these decisions, one thing becomes obvious: There’s an awful lot of amateurism in business.
Scaling Up author Verne Harnish and I share a strong view on this point. We both abhor amateurism. Great businesses are run by professionals who understand how organizations actually operate—not by people who can repeat management cliches they learned at a leadership retreat.
The business world is full of phrases that sound sophisticated but often conceal an aversion to real accountability. The worst ones are ideas that turn into what I call a self-licking ice cream cone. This is something that exists mainly to congratulate itself. It feeds itself, rewards itself, and keeps going long after it stopped producing real value.
You see them everywhere in business. Leadership slogans. Management jargon. Programs that sound impressive but accomplish very little.
Here are my top ten most overstated concepts in business.
1. “I Have P&L Responsibility.”
In corporate America, claiming P&L responsibility has become a kind of entitlement. People say it proudly. “I have P&L responsibility.” But nobody ever says: “I have loss responsibility.”
The “loss” part conveniently disappears.
It’s a bit like calling a fraternity a frat. Only outsiders say that. Inside the house, you use the proper name. The same thing happens in business communication. Real finance professionals don’t talk about the “P&L.” They avoid buzzwords and call it what it actually is: the income statement.
Most people claiming P&L responsibility have only seen the income statement in the copy room. Real P&L ownership means you control:
Revenue
Pricing
Variable costs
Expenses
Hiring/payroll
And when the numbers miss, you explain it to the board. Otherwise, you don’t own the P&L. You own a spreadsheet cell.
2. “Our People Are Our Greatest Asset.”
If people were truly the greatest asset, they would appear on the balance sheet. They don’t.
Equipment gets depreciated carefully over seven years. People get cut the first time a quarter looks soft. The truth is simpler:
A Players are your business’s greatest asset. B and C Players are its greatest liability.
3. “We’re a Data-Driven Organization.”
Most companies say they’re data-driven.
They’re not.
They’re drowning in data instead of intel.
In Scaling Up, we talk about scoreboards everywhere. That’s exactly right—people should see the numbers.
But visibility alone doesn’t drive performance.
Most dashboards are passive. They sit there, waiting to be opened.
And the surest sign something’s wrong?
Dashboards nobody opens.
Great companies don’t just display data—they push it.
They focus relentlessly on one question:
What do we need to do to move the needle?
Data only matters when it drives action.
Otherwise, it’s just corporate wallpaper.
4. “We Need Better Communication.”
This is the most common diagnosis in struggling businesses. But it’s rarely the real problem. Usually, the problem is one of three things:
Bad strategy
The wrong people
No accountability
Clear communication of a bad plan still produces a bad result.
5. “We’re Customer-Centric.”
Every company says this. Very few practice it. Real customer-centric companies do uncomfortable things like:
Publish pricing.
Admit when they mess up.
Answer tough questions.
Observe their best customers in action.
Most companies claim to be customer-focused while protecting internal comfort.
6. “We’re Strategic.”
Most “strategic plans” target low-hanging fruit. They’re just budgets with inspirational adjectives. This leaves a business writing checks it can’t cash.
Real strategy always has a name and answers five questions:
Who is our Juicy Core Customer?
What do they need?
Where will we play?
How will we win?
What will we say “no” to?
If there are no trade-offs, it isn’t a strategy. It’s an aspiration.
7. “Culture Is Everything.”
Culture matters. But culture without standards turns a company into an adult daycare, serving up Kool-Aid with every meal.
Everyone feels supported.
Everyone gets another chance.
Everyone receives a participation trophy.
Meanwhile, the A Players see the red flags and quietly update their LinkedIn profiles.
And here is a rule every CEO should follow:
Never appoint a Culture Leader. It’s Maoistic and just creepy.
Culture doesn’t come from slogans.
It comes from:
Who you hire.
Who you promote.
Who you tolerate.
The fastest way to destroy a business’s culture is simple: Keep B Players.
8. “I’m a Visionary.”
Every struggling leadership team seems to have one “thought leader.” It’s the executive who proudly declares:
“I’m the visionary.” (This is also in the creepy camp.)
Translation:
“I like big ideas… now if I could just find an implementer to clean up the messes I make.”
Real vision isn’t dreaming up clever words that sound pretty. It’s turning ideas into repeatable results, not an addiction to “thinking outside the box.”
Declaring yourself a visionary is a bit like declaring yourself humble. If you have to say it out loud, it’s usually a warning sign.
9. “We Can’t Find/Afford Better Talent.”
Most companies don’t have talent or affordability problems. They have a hiring discipline problem.
Nobody sets out intending to hire a B Player. They’re mishires because B’s cost about the same as A’s.
But many businesses quietly accept the idea that talent follows a Gaussian distribution—a few stars, a few strugglers, and a big middle of “average.”
So they settle.
They post jobs instead of recruiting, which is just another way of fishing in the wrong ponds. The best people are already happily working somewhere else. Only malcontents are scrolling job boards.
At the same time, hiring managers feel guilty confronting B Players, HR worries about offending candidates, and because they aren’t confident about where to find A Players, the hard work of focused recruiting never happens—and a disciplined hiring process never gets built.
As a result, businesses drift into a vicious cycle of B Players.
A Players hire A Players.
B Players hire C Players.
Before long, the leadership team starts saying, “We really should have better results.” The uncomfortable truth is this:
It didn’t come from the labor market. It came from their hiring standards.
And in many cases, the company claiming “people make the difference” was never excellent to begin with. Professional sports teams understand this better than most businesses.
They scout relentlessly.
They recruit aggressively.
They constantly upgrade the roster.
And they hold the manager/coach responsible.
Most companies, by contrast, simply close their eyes, post jobs, and hope for the best.
Great companies don’t hope for A Players. They recruit them on purpose.
10. “We’re Like a Family Here.”
To the uninitiated, this sounds nice. It should make you nervous.
Many families are dysfunctional. Don’t confuse the unconditional love of a healthy family with how an organization should operate.
Healthy families love you unconditionally. Businesses shouldn’t.
When companies say, “We’re like a family,” it often becomes a false hope and a bad Faustian bargain—an excuse to tolerate poor performance and avoid difficult decisions.
A company should operate more like a professional sports team, with:
High standards
Clear roles
The best players starting
Everyone knowing the score
Families are built on unconditional support. Great companies are built on accountability and performance.
Confuse the two, and you usually get the worst of both.
The Bottom Line (Minus the Business Jargon)
Great companies avoid cliches. They focus on the fundamentals that actually drive results:
People. Strategy. Execution. Cash.
Get those four right, and you don’t just build a better company—you build valuation, a win-win situation for everyone.
Everything else is mostly palaver. And if you’re not careful, it turns into another self-licking ice cream cone.
If you want help building a company that runs on disciplined execution instead of corporate cliches, that’s exactly the work we do with leadership teams every day.
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If you’re ready to stop settling and start scaling, there has never been a better time to reach out to Rick and the A Player Advantage team. Whether you want to talk about cashflow, hiring 100% A Players, or strategically scaling for exit, A Player Advantage is here to help! Reach out today to get started.



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