Tuesday, May 9, 2023
failure to engage
Monday, May 8, 2023
things truly confident people say
Here are the kinds of things you'll hear truly confident people say.
1. "I wouldn't worry about it."
Go to a confident friend with a list of "what-ifs" or reasons why something may turn out badly and you'll likely hear this kind of reassurance. It's because confident people generally don't worry. They understand that even if something goes wrong, they can handle it. It's the persistent feeling that regardless of what happens--good or bad--they will cope.
2. "Go for it."
Along with a lack of anxiety comes a sense of optimism. Truly confident people expect good things to happen. At the same time, their track record of making good decisions means they also possess the ability to temper their positivity with realistic thinking.
3. "Doing it this way works for me."
Confident individuals don't feel compelled to conform to gain acceptance from others. This is the central beauty of confidence--the calm self-assurance that makes others want to follow.
4. "Why not me?"
Instead of waiting around for the next opportunity, confident people seek it out. Maybe it's building the right relationships, asking for a promotion or otherwise taking a leap of faith. These people have a vision for the future and chart their own path to get there.
5. "I need to say something."
Confident people take a stand when it comes to matters of right and wrong yet possess the wisdom to understand which battles are worth fighting. That said, they'll back down graciously if proved wrong, because they're secure enough to consider viewpoints other than their own.
6. "Tell me more."
Confident people listen far more than they talk, are naturally curious, and express a genuine interest in others. Conversely, those who monopolize conversations or brag (ever) have something to prove and are masking insecurity.
7. "Can you help me?"
Everyone has weaknesses, but the self-assured are not afraid to admit them. Instead of worrying what others will think if they ask for help, confident people are more concerned with self-improvement, gaining valuable skills, and performing a job well.
"7 Things Confident People Always Say," Inc.com. June 24, 2016
Saturday, May 6, 2023
nature, scale, and timing of change
There are two diagnostic questions that business leaders and their executive teams should use to assess the nature, scale, and timing of the change required in their specific context:
- Is the strategy fit to purpose? This question establishes whether the current or proposed strategy is valued by an attractive and accessible audience — measured by size of market, willingness to pay, and business model appropriateness — and the level of resource outlay required to scale the strategy.
- Can relative advantage be sustained? This question assesses whether the current or proposed strategy delivers meaningful differentiation — that is, a “difference that makes a difference” to the attractive, accessible audience — and the durability of the competitive advantage created by that difference.
magnitude, activity, or direction
Change can involve magnitude, activity, or direction, and the first step toward a clearer vision for change is to clarify what form of change should be considered:
- Magnitude: “We need to enhance our execution of the current path.”
- Activity: “We need to adopt new ways of pursuing the current path.”
- Direction: “We need to take a different path.”
Companies that have doubled down on flawed or outdated business strategies, for example, Kodak, Nokia, Xerox, BlackBerry, Blockbuster, Tower Records, and J.C. Penney are guilty of believing that a change of magnitude was sufficient instead of either a change of activity, such as adopting new technologies or distribution channels, or a change of direction, such as exiting certain businesses altogether.
Contrast these examples with companies whose ambitions led to risky changes in direction when their context called instead for changes of activity or magnitude: GE’s attempts to be a first mover in green energy and the industrial internet of things through Ecomagination and Predix; Sony’s move into entertainment content; or Deutsche Bank’s efforts to become a global investment bank.
Many of the most impressive and successful corporate pivots of the past decade have taken the form of changes of activity — continuing with the same strategic path but fundamentally changing the activities used to pursue it. Think Netflix transitioning from a DVD-by-mail business to a streaming service; Adobe and Microsoft moving from software sales models to monthly subscription businesses; Walmart evolving from physical retail to omnichannel retail; and Amazon expanding into physical retailing with its Whole Foods acquisition and launch of Amazon Go.
