I live and operate in a professional world where feedback is a part of life. I am fortunate to surround myself with people who pay for the privilege to hear what others have to say about their business, their decisions, and their actions. It is not always easy to hear even though we know […]
I chair two CEO/Business Owner peer groups for Vistage International. It is a great work that I truly find rewarding on many levels. One of the many benefits of this experience is listening to many subject matter expert speakers and having a vast pool of knowledgeable colleagues to tap into. A few stand out from this exceptional crowd including the speaker we had yesterday – Pat Murray. I have a learned a great deal from him about leadership and group dynamics. When you are in the presence of an expert, make sure you listen to him/her.
You can never lose your edge in business as a leader. The moment you get complacent your organization becomes vulnerable to its competitors and the vagaries of the marketplace. I’ve seen many good companies and talented leaders get caught off guard by changes taking place in their industry or economic realities they were slow to identify and adapt to. The pace of change is only accelerating as the world becomes flatter, technological innovations come more quickly, and customers push for more options at lower prices. Being good enough no longer works, at least not for any extended period of time. Today’s champion is tomorrow’s goat if he/she gets complacent or rests on his/her laurels.
No one is ever completely protected from the bad things that can happen in life. Each of us will have to deal with disappointment, loss, grief and despair at some point. All we can do is protect ourselves as best as we can through a reasonable approach to risk management and an ongoing commitment to personal growth and development. There are obviously many things we can’t control in our external environments including the actions of others. However, we can increase our internal capacity to manage whatever comes our way.
Build a network of advisors you can consult on all major decisions – no leader is an island