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Ideas for Impact

Archives for May 2023

The #1 Tip for New Managers to Succeed

May 15, 2023 By Nagesh Belludi Leave a Comment

New managers are under pressure. Most managers are underprepared for the transition into new roles—and undersupported during them. In fact, the revolving door is turning more swiftly as companies are seeking quick results. New managers must immediately tackle challenges and demonstrate their competencies instead of having a grace period to find their footing and mull changes.

When taking on a new management position, adaptability to the unique culture and ways of doing things is the key to success. You must quickly throw yourself into the work and learn who’s who, who does what, and how your company operates.

Idea for Impact: Balance the pressure to show results quickly, understanding what significant changes are needed. First, talk to your constituencies (internal and external customers, competitors, leaders, employees) and lay out a road plan for the next three months, one year, and three years. Manage expectations and don’t overcommit.

Wondering what to read next?

  1. Five Rules for Leadership Success // Summary of Dave Ulrich’s ‘The Leadership Code’
  2. A Guide to Your First Management Role // Book Summary of Julie Zhuo’s ‘The Making of a Manager’
  3. Some Lessons Can Only Be Learned in the School of Life
  4. To Inspire, Pay Attention to People: The Hawthorne Effect
  5. How to Manage Smart, Powerful Leaders // Book Summary of Jeswald Salacuse’s ‘Leading Leaders’

Filed Under: Career Development, Managing People, MBA in a Nutshell Tagged With: Getting Ahead, Great Manager, Job Transitions, Leadership Lessons, Management, Mentoring, Winning on the Job

Inspirational Quotations #997

May 14, 2023 By Nagesh Belludi

Her new bark is worse than ten times her old bite.
—James Russell Lowell (American Poet, Critic)

If a snake bites your neighbor, you too are in danger.
—African Proverb

The only practical way yet discovered by the world for curing its ills is to forget about them.
—Ben Hecht (American Screenwriter)

The essence of romantic love is that wonderful beginning, after which sadness and impossibility may become the rule.
—Anita Brookner (English Novelist, Art Historian)

Whenever you feel ‘short’ or in ‘need’ of something, give what you want first and it will come back in buckets. That is true for money, a smile, love, friendship. I know it is often the last thing a person may want to do, but it has always worked for me. I just trust that the principle of reciprocity is true, and I give what I want.
—Robert Kiyosaki (American Businessperson)

The bees can abide no drones amongst them; but as soon as they begin to be idle, they kill them.
—Plato (Ancient Greek Philosopher)

Don’t be a slave to style. Don’t take more from the world than you’re willing to give back. And learn to undo the perceptions—so heavily promoted by the media—that shopping is a form of therapy and that a purchase is nothing but a victory or a gain.
—Thanissaro Bhikkhu (American Buddhist Monk)

Just understand your mind: how it works, how attachment and desire arise, how ignorance arises, where emotions come from. It is sufficient to know the nature of all that; just that gives so much happiness and peace.
—Lama Thubten Yeshe (Tibetan Buddhist Teacher)

Strength just comes in one brand – you. Stand up at sunrise and meet what they send you and keep your hair combed.
—Reynolds Price (American Novelist)

If you don’t get a kick out of the job you’re doing you’d better hunt for another one.
—Samuel M. Vauclain (American Industrialist)

Who is so deafe or so blinde as is hee that wilfully will neither heare nor see?
—John Heywood

A man is well equipped for all the real necessities of life if he trusts his senses, and so cultivates them that they remain worthy of being trusted.
—Johann Wolfgang von Goethe (German Poet)

Filed Under: Inspirational Quotations

Don’t Outsource a Strategic Component of Your Business

May 11, 2023 By Nagesh Belludi Leave a Comment

The prescription eyeglasses retailer Warby Parker was launched by four drinking buddies at the Wharton School of the University of Pennsylvania. The founders intended to disrupt a high-profit margin industry by taking out the intermediary.

Selling prescription eyeglasses online (Warby Parker mostly sells via brick-and-mortar today) would also defy skeptics who preferred to see certain things—shoes, diamond rings, cars—in person and were disinclined to get them online. Warby Parker’s incumbent competitors, 39DollarGlasses.com and EyeBuyDirect.com, had sloppy websites. A crucial part of Warby Parker’s startup plan was to start a user-friendly website where shoppers could upload a photograph of themselves and try on glasses virtually.

At first, the founders outsourced the website, resulting in disastrous consequences. In an interview with Fortune magazine (1-Jun-2019,) co-founder & co-CEO David Gilboa reflected on the pitfalls of outsourcing critical business components:

None of us [the founders] was qualified to build the website, so we solicited proposals and got a handful of bids from agencies. We chose the cheapest option, but a few months in, we realized it was a mistake. Their execution wasn’t what they promised. So we ended up firing them.

Now we develop most of the technology we use in-house to ensure we maintain as much control over the customer experience as possible. We’ve developed our website and both of our apps internally.

Idea for Impact: Don’t outsource what you’re supposed to do best.

Outsourcing a core function may give you a short-term uplift, but you’ll fail to create the core expertise within your company. That’s necessary to build a sustainable competitive advantage. The vendor just isn’t as invested in your success.

Building know-how internally is more challenging, but it’ll pay off in the long run. Sure, you may need to tap an outsourced hire for specialized expertise that you lack. But concentrate on developing your core functions in-house. In fact, be as micro-managey as possible in the early days.

Leverage outside help for bookkeeping, legal, and everything else that doesn’t generate a competitive advantage.

Wondering what to read next?

  1. HP’s “Next Bench” Innovation Mindset: Observe, Learn, Solve
  2. Your Product May Be Excellent, But Is There A Market For It?
  3. Evolution, Not Revolution
  4. Constraints Inspire Creativity: How IKEA Started the “Flatpack Revolution”
  5. FedEx’s ZapMail: A Bold Bet on the Future That Changed Too Fast

Filed Under: Business Stories, Mental Models, The Great Innovators Tagged With: Creativity, Delegation, Entrepreneurs, Innovation, Leadership Lessons, Problem Solving

New Job Anxiety is Normal

May 8, 2023 By Nagesh Belludi Leave a Comment

When you step into a new position, you’ll feel you’ve bitten off more than you can chew. Many responsibilities of the job will be out of your comfort zone. Feeling confident in performing your duties may take several months. You’ll sense you have more work than ever, which will be overwhelming. Feeling like an impostor and regretting leaving your former position is natural.

Sure, the brutal reality is that new hires have less time than ever to prove their worth, and you’ll be expected to show results almost from day one. Be patient with yourself and transparent with others while you’re still finding your feet. You’ll go through four stages of progression in a new role:

  1. Unconscious Incompetence: You won’t know what you don’t know, and you’ll feel functionally useless
  2. Conscious Incompetence: You’ll know what you don’t know and what you’ll learn
  3. Conscious Competence: You’ll know your job but have to work hard at doing it correctly
  4. Unconscious Competence: You’ll know your job and can do it on autopilot.

Changing any job, even within a company, is a slow process. Keep a low profile, spend most of your time listening, building a network, cultivating essential relationships, and strategizing your case for change. Work out who within the company is respected and who knows what they’re talking about as quickly as you can—they’re the ones you’ll learn from. Identify where you fall short and who can fill the gaps.

Idea for Impact: Don’t try to do everything right away. As you develop a roadmap for your organization, focus on building the connections to help you thrive. Understanding who must be won over to your point of view is vital for managing the change process.

Wondering what to read next?

  1. Some Lessons Can Only Be Learned in the School of Life
  2. Before Jumping Ship, Consider This
  3. The Career-Altering Question: Generalist or Specialist?
  4. What’s Next When You Get Snubbed for a Promotion
  5. From Passion to Pragmatism: An Acceptable, Good Career

Filed Under: Career Development, Sharpening Your Skills Tagged With: Career Planning, Job Transitions, Leadership, Winning on the Job

Inspirational Quotations #996

May 7, 2023 By Nagesh Belludi

They are able because they think they are able.
—Virgil (Roman Poet)

The difference between guilt and shame is very clear—in theory. We feel guilty for what we do. We feel shame for what we are.
—Lewis B. Smedes (American Christian Theologian)

For those who immerse themselves in what the fairy tale has to communicate, it becomes a deep, quiet pool which at first seems to reflect only our own image; but behind it we soon discover the inner turmoils of our soul – its depth, and ways to gain peace within ourselves and with the world, which is the reward of our struggles.
—Bruno Bettelheim (Austrian-born Psychoanalyst)

If a poor person envies a rich person, he is no better than the rich person.
—Leo Tolstoy (Russian Novelist)

Charity is a calm, severe duty; it must be intellectual, to be advantageous. It is a strange mistake that it should ever be considered a merit; its fulfilment is only what we owe to each other, and is a debt never paid to its full extent.
—Letitia Elizabeth Landon (English Poet, Novelist)

Love doesn’t conquer everything. And whoever thinks it does is a fool.
—Donna Tartt (American Novelist)

Husbands are like fires. They go out when unattended.
—Zsa Zsa Gabor (Hungarian-born Film Actress)

All’s not offence that indiscretion finds.
—William Shakespeare (British Playwright)

Everything that is done in the world is done by hope. No merchant or tradesman would set himself to work if he did not hope to reap benefit thereby.
—Martin Luther (German Protestant Theologian)

Accuracy is the twin brother of honesty; inaccuracy, of dishonesty.
—Charles Simmons (American Editor, Novelist)

Prejudice is the child of ignorance.
—William Hazlitt (English Essayist)

Children find everything in nothing, men find nothing in everything.
—Giacomo Leopardi (Italian Poet)

Globalization is a bottom-up phenomenon with all actions initiated by millions of individuals, the sum total of which is “globalization.” No one is in charge, and no one can anticipate what the sum of all the individual initiatives will be before the result manifest. A global economy can only be the result of “spontaneous order.”
—John Naisbitt (American Trend Analyst)

Filed Under: Inspirational Quotations

How to … Change Your Life When Nothing Seems to be Going Your Way

May 4, 2023 By Nagesh Belludi Leave a Comment

Recollect what it means to be human: we go through ups, downs, shortcomings, triumphs, losses, confidence, and apprehensions are all just a part of life. While unpleasant, failure is also a common and essential element of life. Bearing failure with equanimity is more likely to help you find success and get what you want.

Next, think about something that’s challenged you in the past and consider how you’re better off for having been through that experience. When you acknowledge you’ve overcome setbacks before, you can recognize that you can—and will—weather this one, too.

Ponder about whatever challenges you presently and see if you can reframe it. Try to perceive it as an opportunity for growth and consider what gifts could come from this experience. Visualizing successful outcomes is the best way to reset or repurpose your goals.

Idea for Impact: Developing resiliency isn’t easy, but excessive rumination and dwelling on past failures for longer than necessary will keep you stuck. When things aren’t going your way, challenge yourself to find any upsides, no matter how small. Find the good in the less-than-ideal. You’re more likely to get unstuck by trying a low-risk baby step forward.

Wondering what to read next?

  1. 12 Sensible Ways to Realize Self-Responsibility
  2. Choose Pronoia, Not Paranoia
  3. The Best Way To Change Is To Change Your Behavior First
  4. External Blame is the Best Defense of the Insecure
  5. This May Be the Most Potent Cure for Melancholy

Filed Under: Living the Good Life, Mental Models, Sharpening Your Skills Tagged With: Adversity, Attitudes, Discipline, Emotions, Mental Models, Motivation, Resilience, Success, Wisdom

Tidy Up in a Snap: Harnessing the Power of 3-Minute Chores

May 1, 2023 By Nagesh Belludi Leave a Comment

The root cause of clutter is often procrastination when it comes to making decisions, even small ones. For instance, choosing to toss your keys and wallet in random places instead of setting them in the same spot each time you arrive home. Neglecting to hang your coats or putting away your tennis racquet can also contribute to the problem.

Many of us tend to ignore household chores until the mess becomes overwhelming. But even if you feel like you can’t tackle the entire house, committing to just three minutes of tidying up can make a huge difference in the appearance of your home. This small amount of time can be incredibly valuable if you use it intentionally.

Here’s a hack to help you get started:

  1. Recognize the power of three minutes.
  2. Set a timer for three minutes and choose an area to focus on until the timer goes off.
  3. Confront the mess and clean it up.

You’ll be surprised at how much more orderly your home will look in just three minutes. Making your bed, picking up clothes from the floordrobe and the chairdrobe, stowing away shoes, unloading the dishwasher, vacuuming one room, or taking the recyclables to the car trunk are all simple tasks that can transform your living space. By repeating these tiny time investments throughout the day, you’ll see a significant change in the overall cleanliness of your home.

Idea for Impact: As you begin tidying up even a small portion of cluttered areas, you’ll notice momentum starting to build. Before long, you may find yourself actively seeking out additional spaces to tidy. Within a matter of days, it becomes clear that letting things go unchecked is what led to being overwhelmed by clutter in the first place. This sense of progress can be incredibly motivating, making it more likely that you’ll stick to your new habits and achieve success in your efforts. In an ideal world, we would all adopt the mindset of cleaning up as we go.

Wondering what to read next?

  1. How to … Make a Dreaded Chore More Fun
  2. Dear Hoarder, Learn to Let Go
  3. How to … Kickstart Your Day with Focus & Set a Daily Highlight to Stay on Track
  4. Thought Without Action is a Rehearsal for Irrelevance
  5. Thinking Straight in the Age of Overload // Book Summary of Daniel Levitin’s ‘The Organized Mind’

Filed Under: Living the Good Life, Sharpening Your Skills Tagged With: Clutter, Discipline, Motivation, Procrastination, Productivity, Tardiness

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About: Nagesh Belludi [hire] is a St. Petersburg, Florida-based freethinker, investor, and leadership coach. He specializes in helping executives and companies ensure that the overall quality of their decision-making benefits isn’t compromised by a lack of a big-picture understanding.

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RECOMMENDED BOOK:
The Life-Changing Magic of Tidying Up

The Life-Changing Magic of Tidying Up: Marie Kondo

Japanese organizing consultant Marie Kondo's bestseller has elevated the domestic chore of cleaning up into a process of emancipation and self-discovery.

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Unless otherwise stated in the individual document, the works above are © Nagesh Belludi under a Creative Commons BY-NC-ND license. You may quote, copy and share them freely, as long as you link back to RightAttitudes.com, don't make money with them, and don't modify the content. Enjoy!