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.
I recommend that in business or life before taking on anything important, step back and consult with the affected parties. Solicit their feedback not just on whether or not it’s a good idea or what steps are necessary for execution, but also what could make it fail.
The remainder of this year there will three separate opportunities to particpate in a meeting, hear a speaker and interact with existing members. Please contact me at email@example.com or 301/624-5686 if you are someone you knowfits the criterian and is interested in learning more.
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