Why do established companies fail? Because they fail to create the future. Two ways for a company to fail: One way is it sets ambitious plans and doesn’t meet them. But the second way is it sets plans that aren’t ambitious and needs them.
And, there are many reasons why they fail to do so, but there is one word under which you can put all those reasons under: inertia.
Let me present you with a situation: Your manager is pushing you to take on more responsibilities. He calls you to his office and hands you a memo that lays out a new project which he asks you to lead. You’re dumbfounded and appreciative for the opportunity, wasn’t expecting it. But, you’re also a little scared to take on such an important project. You begin thinking about how this could be an opportunity for your career but also a threat.
Whether you’re aiming to create a better product or service, solve a problem that nobody seems to crack, persuade someone of your great idea, influence someone to take a different approach to a situation; when we change our perspective, we can increase our impact.
How do you contribute your full potential? For most people, there isn’t a clear answer. Most people I talk to have a hard time dialing in on what exactly they’re most great at. If this is you, read on…
What does great team work look like? Whether it’s sports, business, any endeavor that requires teams, my take is people play / work for each other; but getting to that point requires great leadership.
Innovation has many enemies, but the most difficult ones to overcome are expertise and groupthink. The latter, is particularly difficult to overcome because it encompasses a group.
For an organization to work efficiently, there must be a good and strong relationship between the team and its leader. Chiyin Chen’s study on ‘Transformational Leadership’ shares that this relationship creates better work outcomes and boosts employee satisfaction. When a leader can articulate their vision and inspire their team – employees are more driven to put in the work and invest in their relationships within the organization.
