Laws Of Success: When Is It the CEO's Job To Create Drama?

Laws Of Success: When Is It the CEO's Job To Create Drama?

Recently, one of our Vistage speakers, Don Schmincke, spoke to my CEO group on “Discovering The Leader’s Code:  Ancient Secrets For Executive Performance.”

The primary message Don drives home is the importance of having a positive Leadership Saga – because, in the absence of drama created by the leader, your team will create their own.

Supporting Don’s message, an article in the September 30 issue of Science describes the efforts of two sociologists at the University of Vermont who tried to better understand the rise and fall of people’s spirits. They studied the moods of 2.4 million people by analyzing the words they used in over 500 million tweets originating in 84 English-speaking countries over two years (February 2008 through January 2010).

What they found was a daily cycle of positive and negative feelings that seemed to apply consistently across cultures, geographies, and time zones. Around the world, people’s positive moods peaked in the morning (6-9 a.m.), dropped through the day until reaching a trough by mid/late-afternoon, began to pick up in late afternoon, and peaked again in the evening.

Both Don’s research and that of Science Magazine raise the following questions:

  • What are we doing every day, to maximize how we spend our time during the positive time of our day? (Are you reading email first thing when instead you might be working on innovation?)
  • What are we doing each day to create the kind of drama that reinforces the vision we have for our business and inspires our team to do great work?
  • What results are we likely to achieve by taking action and changing what we do each day?

Click here for a full discussion of the Science article and implications for leadership.

Elisa K. Spain

Which False Business Gods Are You Worshipping?

Which False Business Gods Are You Worshipping?

We worship winners—especially those who demonstrate leadership, confront a crisis and prevail. There’s nothing wrong with that, as long as the hero did not create the crisis in the first place.

But what about those who keep crises from erupting at all?

Who are the UNSUNG heroes working for you (and helping you avoid the ditch)?

Are you only recognizing the “heroes” in your company, and ignoring those who help you avoid the storms altogether?

This article by John Kay in the Financial Times, “No One Remembers a Cautious Captain of Industry,” explores our sometimes foolish preference for the heroic over the prudent and for the bold over the wise.

Elisa K. Spain

 

 

Laws Of Success: Don’t Miss That Turn!

Laws Of Success: Don’t Miss That Turn!

Too often, our beliefs and assumptions get in the way of spotting new opportunities—even opportunities of a lifetime.

These filters, often based on life experiences, may have served us well in the past, but are they still useful in making today’s choices?

As a leadership coach, the question I ask myself and others is this:

What must I do as a leader, investor, coach, ambassador, strategist, inventor or student to notice when it is my own limiting beliefs that determine the choices I make?

I’ve been reading Steve Jobs’ biography, and was struck by the missed-opportunity stories of people who said no when Jobs asked for help early on.

Ron Wayne brokered the deal between Jobs and Wozniak. Jobs was so grateful, he gave Ron 10% of the new company. Ron, having been involved in a previous business failure, got cold feet and sold his shares back to Jobs and Wozniak for $800. At the end of 2010 those shares would have been worth $2 billion.

Later on, Jobs asked Nolan Bushnell,owner of Atari,  for $50,000 in exchange for one-third of Apple. Bushnell said no.

And then along came Mike Markkula. Markkula made millions on stock options he acquired as a marketing manager for Fairchild Semiconductor and Intel and retired at 32 after Intel went public. Markkula believed in Jobs and offered to help him write a business plan. He then guaranteed a $250,000 line of credit for the newly formed company in exchange for one-third ownership and a leadership role.

While most of us will not have the opportunity to invest in the next Apple Computer, all of us have opportunities come to us each day.

What are you going to do today, to notice and avoid a missed opportunity and perhaps turn it into a chance of a lifetime (or at least a chance for today)?