Showing posts with label risk. Show all posts
Showing posts with label risk. Show all posts

Wednesday, August 14, 2013

Thinking Big...And Long!

"Go big or go home".  I love that saying.  It stirs a desire to be brave, take action and attempt dramatic goals to achieve amazing results.

But risk-taking alone does not often end up with results that are sustainable.  For that you need to include a more long-term, strategic approach as well.

Thinking big and long requires a solid understanding of the fundamentals of success - proven considerations such as:

  • exceeding the customer's expectations
  • consistency in delivery of service by employees
  • effective teamwork
  • an internal culture of excellence, integrity, and passion
  • leaders who model appropriate behavior
  • establishing non-negotiable core values, vision, and standards
  • balancing decisions based on employees, customers, and financial/operational outcomes

Everyone wants success - but they also want that success to be long-term.  When deciding actions to grow your organization, only the best leaders/businesses demand both the long-term sustainable elements as well as the continuous efforts to aggressively strive for "game-changing" ideas that will WOW customers, engage employees, and produce growth and results everyone can be proud of.

Imagine the difference if everyone legitimately pursued world-class excellence.

Think about it.  But more importantly, do something about it...today!

Sunday, November 18, 2012

What Are You Proof Of?

In business and in Life, we eventually get down to a fundamental question: What do you REALLY believe?

This is a deceptively complicated question.  We all have a set of basic concepts about life that we claim to believe.  But do you really believe them?  How do you know?  It is rare (VERY rare!) that a person will actually go through the difficult - and risky - process of examining the answer to this question.  Despite the wise and timeless truth that the unexamined life wasn't worth living.

So how do you know whether or not you believe something?  The same way that others know whether or not you believe something: Your behaviors!

When we truly believe something, our behaviors consistently reflect that belief.  If someone claimed to believe in gravity, yet consistently clung in fear to fixed objects to keep from floating into space, any observer would have doubts about those claims.  Behaviors follow beliefs.

When we start to believe a new concept (whether that you can or that you cannot), our behaviors change accordingly.  If you believe something - REALLY believe something - you act accordingly.

What do we call someone who believes one thing and then does another?  Clinically, it is termed "mentally disturbed".  Commonly, it is called "a lack of integrity".  Either way, it is unhealthy - and should be unacceptable.

Make a gutsy move: Ask others what they think you believe.  (Be prepared, you may get a shock!)  Your values are leaking out as your behaviors.

Gut check: Consider a values-based cause you claim to support/believe in - such as "love for your family" or "commitment to your company" or "dedication to your spiritual beliefs" and then answer this BIG question:  Is there enough proof to convict you in a court of law that you, without a doubt, believe in that cause?  In other words, do your behaviors prove to anyone observing you that you truly believe what you claim to believe in?

Think about it.  But more importantly, do something about it...today!

Thursday, November 15, 2012

Safety Net or Hammock?

Preparing for a future that is never really known (until it is the present) can be a risky venture.  Putting back-up plans and "just in case" support mechanisms in place is a good idea to mitigate that risk.  After all, safety (and personal/organizational health) is important.

But we need to be careful about being too careful.

People often create a safety net of contingency plans that slowly, over time becomes a hammock of comfortable (low-risk) settling.  Playing it too safe, too often, is not healthy.  In fact, it actually becomes dangerous - which is, ironically, the very thing we set out to avoid.  What is originally intended as a safety net can (if we're not vigilant) become a hammock - that can lull you into complacency.  Which leads to a dull, listless life of settling.

There is a saying: "If you hit the target every time, you are too close to the target".  Growth requires challenging our abilities and capabilities. 

When was the last time you attempted to do something important to you where you had less than a 50/50 chance of success?  That always generates a higher level of focus, creativity, and effort...and growth!
So, what do you want - dynamic growth or letting yourself get sucked into a hammock of mediocrity?

Think about it.  But more importantly, do something about it...today!

Monday, September 17, 2012

Agile or Fragile?

The rate of change has increased dramatically over the past years.  Every day, it seems that another professional becomes the victim of being too-inflexible - and, therefore, becomes obsolete. 

People who don't actively stretch their ability to adapt and deal with ambiguity become fragile and break under the constant pressure of change.  The only way to thrive (not just survive) is to be agile enough to successfully negotiate the twists and turns that Life throws at you.
So, how can you accomplish this?

The most successful people have an interesting habit: They keep their "change muscles" flexible by purposefully attempting different things on a daily basis.

It can be as simple as driving a different way to work every so often.  Or going to a bookstore (or online) and reading a magazine/article on a topic you normally wouldn't ever choose to read.  This keeps your mind practiced in the way of absorbing and "filing" new/different information on a regular basis.

Or, take it to the next level by engaging a colleague/friend in a action-based "adventure" of something neither one of you have done before.  Take turns planning the "surprise" and benefit from adjusting on the fly.  Interact with people from a different culture.  Primarily use your non-dominant hand for a day.  Tackle an experience on your bucket list.  Whatever it is, challenge each other by testing your comfort zones and expanding your perspective on a myriad of topics/experiences you deem important.

The important thing when you "do new" is to keep it fun.  Make the challenge of CHANGE your new comfort zone!

And you'll never be fragile - or as vulnerable - again.

Think about it.  But more importantly do something about it...today!

Saturday, May 12, 2012

New Projects Goal: Thrilling...and Terrifying?

One of the Producers of this year's Academy Awards made a very interesting comment. He said "I know a project is a good one when I'm 50% thrilled and 50% terrified."

What a surprising...and profound statement!

Imagine if that were your new criteria from now on...how would your career change? We love the thought of experiencing the thrill of making a difference and achieving things that we are passionate about. Then, couple with that the terror of not being completely in control - of not being sure how to accomplish what must be done to be successful. Maybe even not even being sure that you have the skill or resources or (whatever) to pull it off without "going down in flames".

Wow. Kinda intriguing, eh?  For me, it sounds like a pretty good definition of being fully alive.

Actually, if we really analyze our very best moments - when we've done transformational things beyond our expectation - we have done just that. We expect to be able to do what we currently can do...but that never stetches us or causes us to grow. The only time we can really exceed expectations is to attempt more than we can successfully do...at this moment.

The striving for a risky goal just out of reach is what builds skills, knowledge, and ability...and reveals character.

How far we go depends on how much we grow. How much we grow depends on how much (and how often) we risk beyond our current abilities.

Isn't it interesting how a single comment can be a catalyst for deeper thought - and, if we choose to truly act - an improvement in behavior/direction.

Now excuse me while I go terrify myself...

Think about it...but more importantly, act on it...today!








Friday, April 20, 2012

Good Memories Are Built

Think about all your fondest memories. Your first kiss. Your favorite vacation. The time your life changed for the better.

Imagine what it would be like to NOT have those memories.

Imagine what it would be like to have MORE fond memories.

So, what causes these valuable "I'm a better person because I experienced that" memories?

To figure this out, let's break it down:


  • You recall them because they are significant.

  • They are significant because you were involved.

  • You were involved because you opted to be actively engaged in the activity.

  • You were actively engaged because you took the risk - the first step - in embracing whatever (and wherever) that activity would take you.
Bottom line: All these great memories are the result of you initiating (or at least responding to) whatever the NEW activity was. If you hadn't been open to trying that new experience or had the courage to take those steps to be involved, you would not have those memories.

And what a shame that would be. Especially since enjoying those memories are simply a result of something YOU control: Actively trying something new.

So, you want more memories? You want a fuller legacy? Get more active. Consider those dreams you've had about visiting a special place or connecting (or re-connecting?) with someone or attempting that new thing that you've always wanted to try. Those memories won't happen until you take that first step.

And there's no time like the present to create more good memories. (You're worth it!)

Think about it. But more importantly, do something about it...today!

Wednesday, November 30, 2011

Are You Being Unreasonable?

Being "unreasonable" typically is seen as a negative thing. Literally "not being able to be reasoned with" should be seen as a weakness, right? Out of the mainstream? Inappropriate?

So...what about all those leaders who ushered in breakthrough movements? People like the Wright brothers, who invented powered flight - against everyone else's ridicule? Or like Thomas Edison, who dared to insist on electrically-powered light/machines in homes everywhere? Or Steve Jobs? Wasn't it "unreasonable" to try and launch a personal computer that used "real" fonts and was focused on ease of use? (Not to mention challenging the music industry with iPods, or the mobile phone industry with iPhones, or the tablet market with the iPad...)

Is it possible that the only time significant breakthroughs occur is when some FINALLY takes a stand and becomes "unreasonable"?

There's a great quote by George Bernard Shaw: "Reasonable people adapt themselves to the world. Unreasonable people attempt to adapt the world to themselves. All progress, therefore, depends on unreasonable people".

Consider your dreams - the new breakthrough vision of the future (in whatever arena, big or small) and ask "Am I passionate about my idea enough to be seen as "unreasonable" in the minds of all the myopic "keep with the safe way we've always done it" people that surround me?" If not, I challenge you to find an idea that you ARE passionate enough to risk unabashedly launching it into this world. You deserve the legacy you create on purpose - but it requires you bringing something new, different and better to life.

Think about it. But more importantly do something about it...today!

Friday, May 27, 2011

Life/Work Lessons From The Front Line

A colleague recently shared some remarks made by a career soldier:

1. Remember, if the enemy is in range, then you are too.
2. All cover is temporary.
3. Above all, remember your mission.
4. When in battle, soldiers are less focused on winning for the country than fighting for their buddy/team.

These simple statements hold profound truths that apply to our work - and our personal lives.

1. The closer you get to engaging any activity, the chances of danger/failure goes up. Talking about taking action is risk-free because you aren't really doing anything other than talking. Of course, you gain nothing as well. Real living requires stepping forward and confronting the challenge. Remembering that those situations can "bite back" is critical. Choose wisely.

2. When colleagues/friends offer help, they expect it will be for a specific window of time. No one wants to be left hanging or obligated for long-term support when it should only be a temporary situation. To make the best use of their support - and not wear out your welcome - plan, coordinate and execute accordingly.

3. Life and work are full of distractions. It's easy to get focused on the many micro details and lose track of the macro big picture of why we're doing what we're doing. Reminding ourselves of our ultimate purpose/goal is critical in making the most of our time and resources. It's all about priorities.

4. Workers that are part of an organization aren't necessarily loyal to the company - they are more connected with the people they work closely with inside the company. Anyone who wants to create a culture of loyalty must create an environment that is conducive to people engaging each other at the team level.

As you enjoy this holiday weekend, consider the value these insights provide and thank a veteran for keeping us safe/secure enough to be able to focus on life and career.

Think about it. But more importantly, do something about it...today!

Saturday, January 8, 2011

Where Do You Go Right?

After a life stumble, we often hear someone say "Where did I go wrong?" Good to do. Obviously, making mistakes is not the preferred outcome - but it happens. Repeating a mistake, however, is a completely unnecessary waste. If we are paying attention and care enough to make the effort, we can learn from every mistake we - or others - make...and forgo that avoidable wrong.

Another question - rarely asked - is equally important: "Where did I go right?" Examining successful decisions (ours or others) actually help us repeat success.

Consider this: In every success story, there is a moment when things shifted for the better. The successful person did something differently to start down a different road leading to a better result. Here's the bottom line - and it is pretty simple:
  • If the path you are currently on is not leading to the ultimate goal you want, then you must change what you are doing to achieve what you desire. You may not know exactly what to change, but you DO know that life as usual is not it, so your "do nothing/the same" option is NOT the right one. (If you don't know what you want, then THAT just became your new task.)
  • The longer you stay on your existing path, the longer you are moving in the wrong direction. (The whole "where did I go wrong?" thing - yes, you just answered that question. You're choosing it every day you stay on your current path.)
  • You must take action to see the results. Planning is nice, but it doesn't count as an action step in regards to actually improving. Yes, taking action risks failure (that is why most do NOT take sufficient action), but by definition, the path you're on is failing you already.

The real question then, is not "Should I do something differently?", but "What should I do? (experiment with whatever needs improving until you start seeing results) and "When should I do it?" (Now. It's the first step that keeps most people from optimizing their results. Once you've taken that first step, the second becomes easier, and the third easier still - until you break through to become part of the successful group that began doing things right.)

You have the choice to make NOW the answer to the question: "When did I go right?" All it takes is that first step. Are you choosing to take it, or continue settling for less in your life?

Think about it. But more importantly, do something about it...today!

Friday, December 3, 2010

Cutting Through The Fog Of The Unknown

Coming to the end of one year and the beginning of another brings to mind "the future". Most of us do some sort of business forecasting (even if it is informal) to determine how we want to position ourselves to be as successful as possible in the coming year.

Forecasting your future is complicated by the many unknowns - after all, the future hasn't happened yet. However, being brutally honest about your current reality can serve as a good launching point for the near-term future. Here are a few "behind-the-scenes" questions we explored at Disney that you may want to consider:
  • What's really happening in the world? What trends/needs are becoming obvious and likely to be long versus short term?
  • What different/better offerings are missing that your target market values?
  • What are your (potential?) capabilities that could service/take advantage of those trends?
  • Do you have the team and knowledge in place that can service those developing trends/needs?
  • Do you have or can you find the resources to service those developing trends/needs?
  • Are you willing to make the effort to position yourself and execute the actions required?
Connect these dots and you will begin to clear the fog (and thus the fear) of the unknown. Rather than only doing this once a year, consider doing this every 3 months - or even more often, if your work dynamics call for it. The more you attend to the reality of your situation, the easier it is to influence it.

Having the discipline to make time beforehand to strategically explore these issues and then the assertive drive to execute your plan will determine your results. Don't wait until New Years to make the traditional "resolutions". The only way to get a jump on your competition is to start before they do.

Think about it. But more importantly, do something about it...today!

Tuesday, April 27, 2010

Bucket List Progress

I checked off a "Bucket List" item today. "Publish a book." Check. (For those who are interested, the title is "Lead With Your Customer" and launches in 3 weeks in Chicago at the ASTD international conference. Pre-sales are happening on Amazon.com. Check it out!)

The act of checking it off the list always seems to go so quickly...especially after all the time and effort that goes into actually DOING the activity. I guess that is true for anything big/important. In the end, it's mostly about the journey.

Here's the thing: This experience has me thinking about how we accomplish our life goals. I wrote up my first bucket list ("Must do") at age 12/13. I added a "Part Two" to it when I was about 18 and then again ("Part Three: Nice To Do") when I was in my early 20's.

I'm happy that I've completed about 80% of my combined lists, but now that I think about it, I'm NOT happy with how I've been slowing down in my list checking progress. It seems I used to accomplish 3-5 "wish list" goals a year. Now I'm lucky to do one a year. I'm now realizing the difference is that I used to finish a challenge, check it off, celebrate, then target the next one I wanted to experience - then start actively planning the next adventure. I've fallen down on that last part. Shame on me.

Lesson learned. No more settling. No more "getting too busy" with the distractions of life to live life (my pet peeve - which I am, ironically, guilty of right now.) Well, no more! I'm back on track! (Notice I didn't say that I was going to get back on track. If we really want to do something, we can always start right now. I've already selected my next challenge!) I'm halfway through planning my next tactical steps to bring it to fruition.

What about you? What have you been neglecting? Isn't it time to re-engage yourself and your dreams? You determine whether you life the life you desire or if you settle for living an average, passionless life. You only get one chance at this (yes, only one.) Take back your life today!

Think about it - but more importantly, do something about it...today!

Monday, January 11, 2010

No Longer Waiting For A Good Opportunity

Well, it's FINALLY 2010. A clean slate. A fresh start. A new beginning.

Then why are so many people...just waiting?

I was talking with a client about his plans for growth in 2010. After he described a long list of ways they were planning to position themselves and gain market share, I asked him what he and his teams were currently doing to accomplish those goals. He stated that they were watching and waiting for more evidence of a turnaround before they took any action.

I believe the opportunity is already starting to slip away.

One of the traits of world-class success stories is they LEAD the market. They initiate trends. They take action and gain while "wanna be's" wait for "proof" or for some kind of assurance that their plan will gain BIG results with minimum risk.

Funny thing about business (and just about any other aspect of life for that matter)...low risk almost ALWAYS results in low rewards.

Intent means nothing until it is acted upon.

Once there is a good understanding of the customer, your team/resources/strategies, and the competition, every moment of "waiting" squanders your potential. Your competitive edge diminishes. You leave the window of opportunity open for your competition.

Sounds like a foolish way to begin a new decade.

Do New: Stop waiting for opportunity and MAKE opportunity instead!

Think about it, but more importantly - do something about it...today!

Saturday, December 26, 2009

Getting Experienced...In A Good Way

As a collector of quotes - and life experiences - I just came across an aphorism by Louis L'Amour that is my current favorite: "You can't learn anything from experiences you're not having".

So much meaning. So few words.

Business life is too often full of mere talk. People analyze and study and discuss and have meetings and argue and write reports and present and talk some more...and wonder why nothing gets done!

In order to get new results, we have to "do new". "New" requires learning. Learning requires engagement. Engagement requires action. In short: Having experiences.

Ironically, the most successful people are those that take action before there's a 99% chance of success. They leap earlier - 80%? - and learn along the way. This earns them a competitive edge.

The key? That edge is NOT just the results of the action. What creates the real edge is their experience...what they gained from actually taking action.

It's an edge that can be realized no other way.

So, connect the dots for yourself this year. Step out in a way that you never have before - and experience more...learn more...grow more.

You'll soon see it makes all the difference in the world.

And your world will never be the same.

Isn't that what you want? A better life?

Go out and get some more experience...in a good way! ;)

Think about it, but more importantly do something about it...today!

Thursday, June 11, 2009

Ready, Able, and...Willing?

Just got through following up with a client's "Action Team", who are responsible for initiating a company-wide improvement initiative. In the past, the organization has fallen victim to "Program of the Month" problems and they've been working hard at getting things ready to roll out.

Here's the rub: they are starting to experience "project creep" - where deadlines begin to be missed and things start taking longer than anticipated.

I hate "project creep". There's rarely a good excuse for it. Reasons, yes - but no excuse.

In confronting the status of their process, we explored numerous issues. It turns out that this initiative is so critical (they need results now and they can't afford to attempt this again) that they are clinging to the dreaded "analysis paralysis" - they continue to gather data and opinions and ANYthing that will hone their confidence.

Another way to look at this is that they are doing ANYthing to keep from having to actually execute the plan, followed by being held accountable for the results. The reality is that additional information will only take them insignificantly small steps closer to the elusive "absolute certainty".

This is a common problem - especially in difficult times. It's human nature to resist accountability - because we forget that being held accountable for great results is so incredibly wonderful!

Bottom line: the team realized that 1. they were actually ready to execute, 2. they were able to execute, 3. they were not, deep down WILLING to execute (because of their fears).

The good news is that we were able to get to common ground and they are moving forward again according to schedule. (Have I mentioned that I love coming in ahead of schedule, under budget, and better than expected?)

I have found that most delays occur because people are not willing to act. They lack the confidence that they are really ready/able. I encourage you to take that leap. You have all the tools you need to navigate whatever "hiccups" are bound to arise. (Hiccups occur no matter how much preparation is done beforehand. Starting before it's all "perfect" just allows you to actually realize it earlier/better.)

Think about it...but more importantly, act on it - today!

Sunday, May 3, 2009

Sick of "Woulda, Shoulda, Coulda"?

Let's set some things on the table:

Yes, the economy is horrible.
Yes, the resources are more scarce.
Yes, the customer is demanding more for less.
Yes, the competition is hungrier.

Yes, yes, yes...I get all that too. What's real is real. I have no problem accepting the truth and dealing with reality - in fact, I'm about as pragmatic as they come.

What I do have a problem with is the attitude of "there's nothing we can do" or "we just have to wait it out".

The people who mistakenly take this position are usually the ones that are frozen in fear - thinking that they only have to continue "business as usual" until things stabilize and then they will pick up where they left off in their business dealings. They are also the people who expect that their industry/competition/customers will go back to the way things were.

They are so very wrong.

Yes, the economy moves up and down in somewhat predictable cycles. That will never change. However, another predictable thing that doesn't change is the cycles of changes in business dynamics and social expectations.

Does anyone think that their competition is really standing still? Does anyone really expect customers to settle for less than value for their dollar?

People expect more now. Customers and employees are rethinking their decisions. Those businesses that deliver - in time to capture these seeking customers/employees - will succeed. Those who do not, will slowly fade away. The irony is: they will wonder what happened and somehow blame the economy or some external force - rather than their lack of willingness to act on those critical behaviors that would make a difference.

If a company wasn't delivering before and are suffering now because of that, why continue "business as usual"? That is a sure path to destruction! The companies that were consistently delivering quality and service (value) are still doing fine as long as they are adapting to their changing customers priorities. Unless organizations 1. identify their shortcomings, 2. identify plans/tools that will fix those shortcomings, and 3. take action (now!) to execute those ideas, then it all will become empty talk.

Results never come from talk - they only come from action.

Think about it...but more importantly, act on it...today!