Posts Tagged ‘ignoring feedback’

What was the most surprising feedback you received last year?

man-with-laptopThe beginning of the new year naturally gets us reflecting. The good, the bad and the ugly.

Some years feel great and we want the momentum to continue; others tougher.

With the latter, we look forward to the New Year quietly acknowledging or sharing with friends perhaps that “the new year just has to be better!”

So how was last year for you?

And what was your review process for the year that has been?  Like many, did you do any of these?

List all your achievements?

Identify the goals you achieved and those you are still working on?

Sharpening your focus and setting some new goals?

Of course, there are no right or wrong ways of doing the above. The most important thing is that it works for you.  (more…)

Five mistakes companies make leading to their demise

how the mighty fallOver the holidays, one of the books I read was “How the mighty fall” by Jim Collins.  One of my clients lent me his copy as a must read and I am glad that he did. In fact, I think this ought to be in the reading list of every manager and leader and in every company’s library!

The book is based on his extensive research resulting in a five-stage framework of how companies decline.   As someone who has also studied how companies become great, the author declares that, “assembling a data-driven framework of decline proved harder than constructing a data-driven framework of ascent.”

His model consists of five stages, which proceed in sequence.  Please note the shortened summary below is pretty much verbatim from this excellent, highly recommended, easy to read book.

STAGE 1: HUBRIS BORN OF SUCCESS. 

Great enterprises can become insulated by success; accumulated momentum can carry an enterprise forward, for a while, even if its leaders make poor decisions or lose discipline. Stage 1 kicks in when people become arrogant, regarding success virtually as an entitlement, and they lose sight of the true underlying factors that created success in the first place.

When the rhetoric of success (“We’re successful because we do these specific things”) replaces penetrating understanding and insight (‘We’re successful because we understand why we do these specific things and under what conditions they would no longer work”), decline will very likely follow. (more…)

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