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Ideas for Impact

Book Summary of Leigh Branham’s ‘The 7 Hidden Reasons Employees Leave’

August 4, 2017 By Nagesh Belludi Leave a Comment

Employee engagement and retention of top talent is a holy grail of people management—and nearly as hard to pin down.

Employees expect managers to be fair, pay fairly, listen, value opinions, relate, develop, challenge, demonstrate care, advance, and so on. But many employees don’t know when and how to voice their concerns, or negotiate for what they want.

All managers know that engaged employees are happier and more productive. Yet, managers and HR managers cannot simply make employee engagement “happen.”

'The 7 Hidden Reasons Employees Leave' by Leigh Branham (ISBN 0814408516) In The 7 Hidden Reasons Employees Leave, employee-retention expert Leigh Branham discusses how companies can tackle employee disengagement and retain their best and brightest people.

Using a copious amount of facts and figures from interviews and surveys, Branham explores seven reasons for employee disengagement. For each reason, Branham lists signs that managers need to keep their eyes open for, and shows how employers and employees could communicate and understand their mutual needs and desires.

“Some Quit and Leave … Others Quit and Stay”

According to Branham, employee disengagement—and eventual resignation—is not an event; rather, it is a plodding process of bitterness, discontent, and eventual withdrawal that can take weeks, months, or even years until the definite choice to resign happens. He lists the ten most common stimuli that trigger employee disengagement:

  1. Poor management
  2. Lack of career growth and advancement opportunity
  3. Poor communications
  4. Issues with pay and remuneration
  5. Lack of recognition
  6. Poor senior leadership
  7. Lack of training
  8. Excessive workload
  9. Lack of tools and resources
  10. Lack of teamwork

Branham claims to have synthesized some 20,700 employee-exit surveys and has identified four fundamental human needs (compare to Maslow’s hierarchy of needs) that must be met by employers:

  • Employees need to feel proficient. They want to be matched to a job that aligns with their talents and their desire for a challenge.
  • Employees need to feel a sense of worth. They want to feel confident that their commitment and their efforts translate into meaningful contributions to their company’s mission. They desire to be recognized and rewarded appropriately.
  • Employees need to be trusted. They expect their employers to pay attention, and be honest and open in their communications.
  • Employees need to have hope. They want to be treated fairly, and given opportunities to grow their skills and advance their careers.

Why Employees Start Feeling Disconnected from Their Work

The core of The 7 Hidden Reasons Employees Leave is a “how to” guide to address each of the seven reasons to enable a company to pursue the path to become an “employer of choice.”

Reason #1: The Job or Workplace Was Not as Expected. Many new hires join their companies with a wide range of misconceptions and unrealistic expectations. Some stay and adapt, others disengage and stay, and some others disengage and ultimately leave. Branham advocates creating realistic job descriptions, and open communications between managers and employees on achieving their mutual goals and expectations.

Reason #2: The Mismatch between Job and Person. Companies with strong reputations for selecting the right talent and keeping employees well matched with their jobs have a strong commitment to the continuous upgrading of talent. Managers can assign tasks so that employees can be more engaged through the use of their “motivated abilities.” Managers must keep an eye open opportunities to augment employees’ jobs by delegating tasks they might not have considered before.

Reason #3: Too Little Coaching and Feedback. Branham affirms that most managers do coaching and feedback merely as annual or biannual HR-required discussions that bind ambiguous targets to performance-ranking and pay scale. Managers must lead frequent, informal, on-the-job feedback conversations with employees. Branham identifies four principal themes that managers must address to make their performance management practice seem less controlling and more of a partnership:

  1. “Where are we going as a company?”
  2. “How are we going to get there?”
  3. “How does the manager expect the employee to contribute?”
  4. “How is the employee doing? What is going well? What are the key suggestions for improvement?”

Reason #4: Too Few Growth and Advancement Opportunities. Branham observes that most talented employees cannot pinpoint and articulate, and often underuse their greatest strengths. He encourages companies to provide self-assessment tools and career management training for all employees, enabling them to be the best they possibly can be. Most “employers of choice” have a strong mentoring culture. They communicate that employees must take the initiative in their own career development.

Reason #5: Feeling Devalued and Unrecognized. To Branham, many companies do not have a formal and informal culture of recognition because their managers are themselves too busy with their nominal responsibilities to pay adequate attention to employees’ performance. Or, they can’t discern between average and superior performance. He lists recommendations for competitive base- and variable-pay linked to achieving business goals. He reminds managers that employees are hungry to be listened to, and want their ideas sought and implemented.

Reason #6: Stress from Overwork and Work-life Imbalance. Branham observes that the relationships employees form with other employees is a glue that binds people to their workplaces. He encourages fostering social connectedness by assigning cross-functional team projects and organizing group outings.

Reason #7: Loss of Trust and Confidence in Senior Leaders. When senior leaders don’t back up pronouncements such as “people are our most important asset” with their actions, even mid-level managers begin to question the decisions and the actions of senior leaders. The result is a manifest lack of enthusiasm in the workplace, and in the rising complaints and questions about policies and practices. Leaders must set the tone for workplace culture and must back up their words with actions to discourage employee cynicism and disengagement.

Becoming an Engaged Leader is the Embodiment of What Leadership Means

Recommendation: Fast read Leigh Branham’s The 7 Hidden Reasons Employees Leave. This book makes a great reading for managers and leaders who will need to scratch beneath the surface to recognize unhappy employees before it’s too late, and then engage their employees better and retain their top talent.

While many of the book’s themes may appear familiar, The 7 Hidden Reasons discuses many ideas and “engagement practices” in great specificity to help managers and leaders keep their antennae up for signs of bitterness and discontent, and correct before they lose their best and brightest people. This practical tome can also help employees discuss and resolve their needs and desires.

Developing a deep understanding of what causes employees to lose motivation, disengage, and leave cannot be ignored or overlooked. Managers and leaders who can resolve the divergence that employees feel between their personal values and the best interests of their businesses will gain immeasurably by having a highly engaged and productive workforce.

Wondering what to read next?

  1. Eight Ways to Keep Your Star Employees Around
  2. Bringing out the Best in People through Positive Reinforcement
  3. How to Promote Employees
  4. Seven Easy Ways to Motivate Employees and Increase Productivity
  5. Fire Fast—It’s Heartless to Hang on to Bad Employees

Filed Under: Leading Teams Tagged With: Career Planning, Coaching, Great Manager, Human Resources, Managing the Boss, Mentoring, Performance Management, Winning on the Job

What Type of Perfectionist Are You?

August 1, 2017 By Nagesh Belludi Leave a Comment

Adaptive and Maladaptive Perfectionism

Psychologists recognize two forms of perfectionism—adaptive and maladaptive. Both adaptive and maladaptive perfectionists have high personal standards—for themselves and for others. However, failing to meet those standards is more stressful for the latter than for the former.

Adaptive perfectionism is the normal, healthy form of perfectionism. Adaptive perfectionists endeavor for success—they tend to complete tasks in good time and have high standards for their work. They take into account their strengths and limitations and don’t overexert themselves unless it really matters.

Perfectionism turns out to be maladaptive when people become terribly concerned with the notion of “just the thing”—they strive for perfect performance. So nearly nothing turns out to be “good enough.”

The #1 Pitfall: Maladaptive Perfectionism Rigidifies Behavior

Maladaptive perfectionism may cause people to dodge tasks for fear of making an error or for not being able to complete tasks to their lofty standards. They tend to want to control their environment. When events do not go as planned, they develop negative attitudes. They are inclined to striving to achieve goals in their own way; consequently, they regard their personal and professional settings as competitive and handle relationships more aggressively.

Many maladaptive perfectionists aren’t necessarily high achievers because their drive for perfection leads them to chronic procrastination and to never-ending, futile agonizing.

Even success can be imperfect to maladaptive perfectionists. Their reaction to reaching a goal is often “so what?” followed by “what’s the next big thing?” with nary a pause for “I did it! Let me celebrate.”

Idea for Impact: Prioritize Your Perfection

There’s nothing wrong with high standards. Soaring, impracticable standards are another matter, however.

While a reasonable dose of perfection can boost your satisfaction, too much can be paralyzing. In the real world of constraints and limited resources, perfection is hard to achieve and your quest for the ideal can suck up precious time, energy, and money that could produce superior results elsewhere.

You don’t have sufficient resources to do everything, so commit them where they can bring the greatest overall improvement. (I’ll write about the concept of opportunity cost next week.)

If you’re an obsessive perfectionist, recognize that your compulsion to “get it right” can endorse a rigidity of character and action that is limiting.

Prioritize your perfection. It’s impractical to reach perfection in all areas of your life concurrently. Rather than trying to master everything, pick some areas of life you want to excel in, and go for average in others.

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  4. Do You Have an Unhealthy Obsession with Excellence?
  5. The Simple Life, The Good Life // Book Summary of Greg McKeown’s ‘Essentialism’

Filed Under: Sharpening Your Skills Tagged With: Attitudes, Getting Things Done, Goals, Motivation, Perfectionism, Time Management

Inspirational Quotations #695

July 30, 2017 By Nagesh Belludi Leave a Comment

The question is not to know the meaning of life, but what meaning I can give to my life.
—The 14th Dalai Lama (Tibetan Buddhist Religious Leader)

When you say that you agree to a thing in principle you mean that you have not the slightest intention of carrying it out in practice.
—Otto von Bismarck (Prussian German- Political leader)

Like breeds like.
—Common Proverb

Nothing should be prized more highly than the value of each day.
—Johann Wolfgang von Goethe (German Poet)

There is no destiny beyond and above ourselves; we are ourselves the architects of our future.
—Swami Chinmayananda (Indian Hindu Teacher)

There is no great achievement that is not the result of patient working and waiting.
—Josiah Gilbert Holland (American Novelist)

The truth is that all of us attain the greatest success and happiness possible in this life whenever we use our native capacities to their greatest extent.
—Smiley Blanton

Bad salespeople talk your ear off. Good salespeople know to shut up and listen.
—Ben Casnocha (American Entrepreneur, Investor)

I am not an Athenian, nor a Greek, but a citizen of the world.
—Socrates (Anceient Greek Philosopher)

Close scrutiny will show that most “crisis situations” are opportunities to either advance, or stay where you are.
—Maxwell Maltz (American Surgeon)

No one can persuade another to change. Each of us guards a gate of change that can only be opened from the inside. We cannot open the gate of another, either by argument or emotional appeal.
—Marilyn Ferguson (American Author)

It takes a great man to make a good listener.
—Arthur Helps (English Dramatist)

If we spend the time we waste in sighing for the perfect golden fruit in fulfilling the conditions of its growth, happiness will come, must come. It is guaranteed in the very laws of the universe. If it involves some chastening and renunciation, well, the fruit will be all the sweeter for this touch of holiness.
—Helen Keller (American Author)

Pity the leader caught between unloving critics and uncritical lovers.
—John W. Gardner (American Government Official)

We must interpret a bad temper as a sign of inferiority.
—Alfred Adler (Austrian Psychologist)

Every dog has his day.
—Common Proverb

Filed Under: Inspirational Quotations

How to Guard Against Anger Erupting

July 28, 2017 By Nagesh Belludi 2 Comments

The Destructive Effects of Anger are Easily Recognized

Most people who have problems managing their anger hate themselves for losing their temper but can’t bring themselves to prevent their flare-ups.

'The Dhammapada: Teachings of the Buddha' by Gil Fronsdal (ISBN 1590306066) Here’s an appropriate reading from Chapter 17, “Anger”, of the Dhammapada (trans. Gil Fronsdal), a profoundly insightful compilation of the historical Buddha’s teachings:

Guard against anger erupting in your body;
Be restrained with your body.
Letting go of bodily misconduct,
Practice good conduct with your body.

Guard against anger erupting in your speech;
Be restrained with your speech.
Letting go of verbal misconduct,
Practice good conduct with your speech.

Guard against anger erupting in your mind;
Be restrained with your mind.
Letting go of mental misconduct,
Practice good conduct with your mind.

The wise are restrained in body,
Restrained in speech.
The wise are restrained in mind.
They are fully restrained.

Discover Ways to Work with Anger and Other Negative Emotions

In its many forms, anger can be extremely energetic. When even a mild annoyance arises due to some apparent injustice, it can quickly grow and overwhelm you. Your inner peace is lost instantly.

When anger surfaces, it usually takes you over by the time you come to observe it. Your mind gets infuriated under the direct influence of aggression and can tempt you to act impulsively through aggressive words or actions—which consecutively feed even more anger.

The mind’s furor intensifies until you are able to lash out like a cornered cat. Even if you can repress your emotions in the heat of the moment, anger can manifest as a subtle simmering of resentment that you carry along with you for some interval of time.

How to Refrain from Erupting in Anger

The most effective way to deal with anger in yourself is by not disregarding or repressing it. Science and experience have shown how poorly “anger containment” strategies work.

When anger rises past a threshold, it requires a reasonable and pleasing expression—an outlet, if you will—to be diffused. The key to expelling anger in a way that must feel good and fair is to invoke your calm, wise self and put out some of the fire of the emotion before moving forward.

To prevent anger from flaring out of control, practice the following first-aid system.

  1. Make a list of what triggers your anger. Most people get angry under predictable circumstances—when faced with situations that they see as unpleasant and unfair. Record events that trigger your anger: being insulted, being blamed unjustly, deceit or laziness in others, anything. Commit them to memory.
  2. When you identify a trigger—when you start to feel angry at someone or at something—induce yourself to immediately take a few deep breaths. As the Founding Father and President Thomas Jefferson suggested, “when angry, count to ten before you speak. If very angry, count to one hundred.” Preferably, break away from the situation for a minute or two: step away, go get water, or go the bathroom. Removing yourself from the offending environment will buy you a few moments to decide how you want to respond.
  3. When you can separate yourself from the cause of anger, take a deep breath, and ask yourself if whatever you’re getting worked up over is a priority. Is the issue worth getting upset over? Put your irate-self wise by posing the following “5-5-5” questions:
    • Will this matter in 5 days?
    • Will this matter in 5 months?
    • Will this matter in 5 years?

The “5-5-5” questions will prevent you from being caught up in the little trivialities of life. Remind yourself how good you’ll feel if you respond as your best, wise self and how bad you’ll feel if you rashly fly off the handle.

Only when you’re feeling less agitated and more calm, only when your sensible mind is back, can you assess the triggers of anger rationally, and take action in an prudent way.

Idea for Impact: Guard Against Anger Erupting in Your Body, Your Speech, and Your Mind

The antidote to anger and aggression is patience. Patience has a great deal to do with being mindful about the storms of distress and refraining from doing or saying anything, no matter how strong the urge to do so may be. Reflect before you respond.

The more you can manage your emotions, the more effective you’ll be.

Wondering what to read next?

  1. Anger is the Hardest of the Negative Emotions to Subdue
  2. Change Your Perspective, Change Your Reactions
  3. Begin with Yourself
  4. Learn to Manage Your Negative Emotions and Yourself
  5. The More You Can Manage Your Emotions, the More Effective You’ll Be

Filed Under: Health and Well-being, Living the Good Life, Mental Models Tagged With: Anger, Attitudes, Emotions, Getting Along

5 Minutes to Greater Productivity [Two-Minute Mentor #11]

July 25, 2017 By Nagesh Belludi Leave a Comment

When you’re stuck—whether it’s at work, play, love, or some other facet of your life,—don’t wait for external change to come about and inspire you. As I’ve written before, motivation is glorified as a personal trait. While it is beneficial to be motivated, folks who actually manage to get things done are those who find a way to work at whatever they are interested in even when they do not really feel like doing it.

When you’re stuck, if you can take time out and reflect on your current difficulties, many opportunities may open up that can help you get unstuck.

  • Clearly understand your objectives and your problems. Identify what you must do to solve problems or meet goals as efficiently as feasible. Get honest with yourself and reconsider your motivations. Being realistic can allow you to think more flexibly and creatively.
  • Target the causes of your problems and the reasons behind what you are doing. Analyze your current actions to determine whether they will effectively accomplish what they should. Look for ways to simplify your goals and targets.
  • Check if your perfectionism is holding you back. Folks who tend to be perfectionist are afraid that the world is going to see them for who they really are and that they won’t measure up. Could you lower your standards?
  • Organize your options. Are there faster-but-equally-effective alternative methods to the ones you’re currently trying? Could you learn new methods or delegate parts of your responsibilities to help you save time? Could you break your work into smaller, more manageable chunks? Focus on the next small step that will move you forward and set in-between deadlines.
  • Plan your work and carry on. Initiate the most efficient action plan to get the results you want. If you find yourself uninspired, take action—even a small step. Often, beginning to do a task builds momentum and motivation kicks in within a few minutes. Doing is everything.

Idea for Impact: The most effective form of change doesn’t happen to you—it comes from within you. To free yourself when you feel limited or stuck, take a breather and organize yourself. Introspection can unlock more adaptive behavior.

Wondering what to read next?

  1. Five Ways … You Could Stop Procrastinating
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  4. Do Things Fast
  5. What the Dry January Trap Shows Us About Extremes

Filed Under: Sharpening Your Skills Tagged With: Discipline, Getting Things Done, Goals, Lifehacks, Motivation, Procrastination, Time Management

Inspirational Quotations #694

July 23, 2017 By Nagesh Belludi Leave a Comment

If you have a strong mind,|and plant in it a firm resolve,|you can change your destiny.
—Unknown

The exception proves the rule.
—Common Proverb

When playing Russian roulette the fact that the first shot got off safely is little comfort for the next.
—Richard Feynman (American Physicist)

Intelligent people have a remarkable ability to rationalize irrational actions, to re-tell history to fit their preferred, comfortable narrative.
—Ben Casnocha (American Entrepreneur, Investor)

Marriage is a coming together for better or for worse, hopefully enduring, and intimate to the degree of being sacred.
—William O. Douglas (American Judge)

You are successful and creative only when you see an opportunity in every difficulty.
—Swami Chinmayananda (Indian Hindu Teacher)

Unless I accept my faults, I will most certainly doubt my virtues.
—Hugh Prather (American Christian Author)

If you make listening and observation your occupation you will gain much more than you can by talk.
—Robert Baden-Powell, 1st Baron Baden-Powell (British Military Leader)

Fear must be entirely banished. The purified soul will fear nothing.
—Plotinus (Ancient Greek Philosopher)

Brood less, smile more and serve all.
—Swami Chinmayananda (Indian Hindu Teacher)

To give love is true freedom; to demand love is pure slavery.
—Swami Chinmayananda (Indian Hindu Teacher)

The more of wisdom we know, the more we may earn. That man who seeks to learn more of his craft shall be richly rewarded.
—George Samuel Clason (American Businessperson)

Character consists of what you do on the third and fourth tries.
—James A. Michener (American Novelist)

Humanity’s greatest advances are not in its discoveries—but in how those discoveries are applied to reduce inequity.
—Bill Gates (American Businessperson)

Providence conceals itself in the details of human affairs, but becomes unveiled in the generalities of history.
—Alphonse de Lamartine (French Writer)

If you yourself are at peace, then there is at least some peace in the world.
—Thomas Merton (French-born American Clergyman)

Everybody exists. It is only the few who live.|To live, you should have an ideal.
—Swami Chinmayananda (Indian Hindu Teacher)

Filed Under: Inspirational Quotations

Death Should Not Be Feared

July 21, 2017 By Nagesh Belludi Leave a Comment

The Flickering Flame of Consciousness Will Go Out One Day

A friend was recently racked with melancholy: in the last few weeks, five of his family members and friends were diagnosed with debilitating diseases or cancer. This followed the passing away of a dear friend earlier this year. Like everybody else, facing the decline and death of the near and dear compelled my friend to contemplate life and confront his own mortality.

Convention can bind us to the notion that death is frightful and should not be talked about. However, death needs to be discussed—and contemplated—all the time, not in terms of the fear of life but as a reminder of the brevity of life. The great English author Graham Greene (1904-91) wrote in the novel Travels With My Aunt (1972,)

You will think how every day you are getting a little closer to death. It will stand there as close as the bedroom wall. And you’ll become more and more afraid of the wall because nothing can prevent you coming nearer and nearer to it ever night while you try to sleep…

Death Should Not Be Feared; It’s an Essential Progression of Life

When we’re forced to confront death, we resist doing so. Death is a very natural phenomenon just like birth, and there’s no need to shy away from it. In his famous 2005 Stanford graduation address, Steve Jobs (1955-2011) addressed his pancreatic cancer and his brush with death:

No one wants to die. Even people who want to go to heaven don’t want to die to get there. And yet death is the destination we all share. No one has ever escaped it. And that is as it should be, because death is very likely the single best invention of Life. It is Life’s change agent. It clears out the old to make way for the new. Right now the new is you, but someday not too long from now, you will gradually become the old and be cleared away. Sorry to be so dramatic, but it is quite true.

Bertrand Russell’s Evocative Reflection on Transience and Morality

The celebrated British mathematician, political activist, and philosopher Bertrand Russell (1872—1970) wrote a beautiful reflection on death and life in his essay “How To Grow Old.” The metaphors evoked by the way that Russell portrayed human existence “like a river” are overpowering.

The best way to overcome it [the fear of death]—so at least it seems to me—is to make your interests gradually wider and more impersonal, until bit by bit the walls of the ego recede, and your life becomes increasingly merged in the universal life. An individual human existence should be like a river: small at first, narrowly contained within its banks, and rushing passionately past rocks and over waterfalls. Gradually the river grows wider, the banks recede, the waters flow more quietly, and in the end, without any visible break, they become merged in the sea, and painlessly lose their individual being. The man who, in old age, can see his life in this way, will not suffer from the fear of death, since the things he cares for will continue. And if, with the decay of vitality, weariness increases, the thought of rest will not be unwelcome. I should wish to die while still at work, knowing that others will carry on what I can no longer do and content in the thought that what was possible has been done.

Idea for Impact: The Only Thing We Really Get to Influence About Death is the Course of Our Approach to Death

We may look at death and decline with fear instead of anticipation, but the alternative to death could truly be worse: boredom and stagnation.

Fortunately, though death and decline may be unavoidable, how we look at it is totally up to us.

Every brush with death and serious illness should remind you to accept the impermanence of health and life. It should help you appreciate and live each moment wisely. It should serve to remind you to cherish everything with you while you have them.

Wondering what to read next?

  1. Live as If You Are Already Looking Back on This Moment with Longing
  2. Don’t Fight the Wave
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  4. Learn to Manage Your Negative Emotions and Yourself
  5. This May Be the Most Potent Cure for Melancholy

Filed Under: Living the Good Life, Sharpening Your Skills Tagged With: Attitudes, Emotions, Life Purpose, Mindfulness, Mortality, Perfectionism, Wisdom

One of the Tests of Leadership is the Ability to Sniff out a Fire Quickly

July 18, 2017 By Nagesh Belludi Leave a Comment

I’ve previously stressed the importance of problem-finding as an intellectual skill. I’ve also highlighted why risk analysis and risk reduction should be one of the primary goals of any intellectual process. In this article, I’ll write about being proactive in identifying problems before they evolve into crises.

How Wells Fargo Failed to Recognize a Problem and Address it before it Became a Bigger Problem

As the Wells Fargo accounts scandal unfolded, it was clear that Wells Fargo’s leadership was well aware of the burgeoning problems early on, but failed to act decisively and nip the problem in the bud.

Given impossible sales quotas to reach, Wells Fargo’s “high pressure sales culture” opened as many as two million bank and credit card accounts on behalf of its customers without their consent. Employees were rebuked or even fired for not meeting aggressive cross-selling targets.

Human nature is such that high-pressure demands can deplete the willpower people need to act morally and resist temptations. And such demanding circumstances encourage people to go into defensive mode, engage in self-interested behaviors, and consider only short term benefits and dangers.

Leadership Lessons from the Wells Fargo Accounts Scandal: “A Stitch in Time Indeed Saves Nine”

Leadership Lessons from the Wells Fargo Accounts Scandal Wells Fargo’s leadership reportedly had data about ethical breaches, but they ignored or misjudged the impact of the problem. Wells Fargo even held a two-day ethics workshop in 2014 unequivocally telling their employees not to do that. As per an internal review, managers knew that 1% of employees had been fired for “sales integrity” violations.

Wells Fargo’s leadership didn’t act quickly and decisively to mitigate the effects of the crisis. Warren Buffett, one of the Wells Fargo’s biggest investors, summarized this leadership inaction at the 2017 Berkshire Hathaway annual meeting:

There were three very significant mistakes, but there was one that was worse than all the others … The main problem was that they didn’t act when they learned about it … at some point if there’s a major problem, the CEO will get wind of it. And at that moment, that’s the key to everything, because the CEO has to act. It was a huge, huge, huge error if they were getting, and I’m sure they were getting, some communications and they ignored them or they just sent them back down to somebody down below.

Leadership: “Only the Paranoid Survive”

Andy Grove (1936–2016,) the illustrious cofounder and CEO of Intel, was a famous worrier. At Intel, the focal point of Grove’s leadership style was worry and skepticism. He believed that business success contains the seeds of its own destruction, and that in order for an organization to have longevity, it needs to continue to worry about the future.

'Only the Paranoid Survive' by Andrew S. Grove (ISBN 0385483821) Grove’s principle was immortalized in his famous proclamation, “Success breeds complacency. Complacency breeds failure. Only the paranoid survive.” He eloquently explained his worrisome mantra in his bestselling corporate memoir, Only the Paranoid Survive (1996.) He wrote in the preface:

The things I tend to be paranoid about vary. I worry about products getting screwed up, and I worry about products getting introduced prematurely. I worry about factories not performing well, and I worry about having too many factories. I worry about hiring the right people, and I worry about morale slacking off. And, of course, I worry about competitors. I worry about other people figuring out how to do what we do better or cheaper, and displacing us with our customers.

At Intel, worrying about the future created a culture of triumph that propelled change and innovation. Grove never let Intel rest on its laurels and led the company to break boundaries in microprocessor innovation. During his tenure as CEO from 1987—98, Intel’s stock price rose 32% a year. Grove also said, “A corporation is a living organism; it has to continue to shed its skin. Methods have to change. Focus has to change. Values have to change. The sum total of those changes is transformation.”

Idea for Impact: Learn to Sniff out a Fire Better than Anyone Does

The principal tasks of leadership are (1) identifying the biggest risks and opportunities, and (2) allocating organizational resources. Therefore, one of the tests of leadership is the ability to recognize a problem before it becomes a disaster. If identified and addressed early, nearly any problem can be resolved in a way that is beneficial for everyone involved.

Many leaders tend to be reactionary—they claim, “why fix something that isn’t broken.” Even when they see an impending problem, they may assume that the problem “isn’t that big of a deal” and wish the problem will just go away. Alas, many problems never go away; they only get worse.

To become a good leader, be paranoid—always assume that “there’s no smoke without fire.” If, according to Murphy’s Law, everything that can go wrong will go wrong, the paranoid leader has an advantage.

Whenever you are doing anything, have your eyes on the possibility of potential problems and actively mitigate those risks. Never allow a problem to reach gigantic proportions because you can and must recognize and fix it in its early stages.

As the medieval French philosopher and logician Peter Abelard (1079–1142) wrote, “The beginning of wisdom is found in doubting; by doubting we come to the question, and by seeking we may come upon the truth.”

Wondering what to read next?

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  2. Charlie Munger’s Iron Prescription
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  4. You Can’t Develop Solutions Unless You Realize You Got Problems: Problem Finding is an Undervalued Skill
  5. Four Ideas for Business Improvement Ideas

Filed Under: Leadership, Sharpening Your Skills Tagged With: Adversity, Attitudes, Conflict, Creativity, Critical Thinking, Great Manager, Human Resources, Mental Models, Performance Management, Persuasion, Thinking Tools, Thought Process, Winning on the Job

Inspirational Quotations #693

July 16, 2017 By Nagesh Belludi Leave a Comment

But he who has cleansed himself from sin, is well grounded in all virtues, and regards also temperance and truth, he is indeed worthy of the yellow dress.
—The Dhammapada (Buddhist Anthology of Verses)

I’m not convinced that the world is in any worse shape than it ever was. It’s just that in this age of almost instantaneous communication, we bear the weight of problems our forefathers only read about after they were solved.
—Burton Hillis (William E. Vaughan) (American Columnist)

To all that come to this happy place, welcome. Disneyland is your land. Here age relives fond memories of the past, and here youth may savor the challenge and promise of the future. Disneyland is dedicated to the ideals, the dreams, and the hard facts that have created America… with hope that it will be a source of joy and inspiration to all the world.
—Walt Disney (American Entrepreneur)

With each success your faith in the law will grow stronger, until you reach the point of total conviction. Then you will be invincible.
—Roger McDonald (Australian Novelist)

Perfection can be achieved only through devotion, for devotion is the basis of all success.
—Chanakya Neeti

Never compromise yourself, it’s all you’ve got.
—Janis Joplin

Happiness depends on what you can give, Not on what you can get.
—Swami Chinmayananda (Indian Hindu Teacher)

Life does not reward us for effort expended.
—Anonymous

Do as you would be done by.
—Common Proverb

The human spirit needs to accomplish, to achieve, to triumph to be happy.
—Ben Stein (American Lawyer)

Integrate what you believe in every single area of your life. Take your heart to work and ask the most and best of everybody else, too.
—Meryl Streep (American Actor)

Filed Under: Inspirational Quotations

Our Vision of What Our Parents Achieved Influences Our Life Goals: The Psychic Contract

July 14, 2017 By Nagesh Belludi 1 Comment

Understanding Others’ Motivations is a Key to Building Better Relationships

Understanding others’ deep-held motivations involves recognizing what drives them, why and how they want to work, work styles they may adopt in various circumstances, and what levers you have to motivate them.

Take for example Abraham Maslow’s Hierarchy of Needs, a motivation hypothesis used widely for several decades now. Represented as a pyramid, this hypothesis proposes that people are motivated to fulfill basic subconscious desires such as food and shelter before trying to fulfill higher-level needs such as affection and prestige. Even though academics have extensively debated its specifics, Maslow’s Hierarchy of Needs has provided a handy framework to value the multifaceted composition of human motivation and to understand how to engage others.

The Relationship between Your Own Vision of Success and Your Parental Influence

'The Anatomy of a Great Executive' by John Wareham (ISBN 0887305059) One less-known framework for understanding the provenance of people’s life goals—their deep-seated aspirations for want to achieve in life—is the “Psychic Contract” hypothesis, a concept that dominates The Anatomy of a Great Executive (1991) by John Wareham, a leadership psychologist from New Zealand.

According to Wareham, a psychic contract is a set of “deals” we subconsciously strike with our parents early in life. Our life-goals are defined primarily by our own vision of what our parents achieved—and what they failed to achieve:

As we grow we absorb the values of our parents, and are conditioned to improve (albeit marginally) upon their achievements. We strike a psychic contract with them whereby “success” in life is defined by the attainment of a similar social positioning, which we later embark upon attaining, sometimes very consciously, but often entirely unconsciously.

Throughout our lives, we unintentionally adhere to our psychic contracts, despite the limitations they place on us. We use our psychic contracts to not only define and approach our life goals but also think about how we measure success.

We consciously measure success in terms of milestones and standards instilled by our parents.

As a rule of thumb, about three quarters or more of people in westernized culture seek first to equal, then marginally to improve upon the lifestyle or status level perceived to exist in the childhood home.

Psychic Contract Theory: Children are Programmed to Want to Do as Well as or Better Than Their Parents

In The Anatomy of a Great Executive, Wareham goes into depth explaining how we can know our own psychic contracts and how we can reset our goals to give ourselves permission to succeed. Here are some other prominent learning points:

  • Our psychic contract is based on our birth order, our parents’ birth order, and roles we play relative to our parents in our families.
  • The so-called “prime parental injunction” sits at the heart of our conscious. We go through our lives trying to become the people our parents wanted us to be. Even people who spend their lives trying to become exactly the opposite of what their parents wished are still influenced by this injunction.
  • Every person has a pre-programmed financial comfort level. Most of us strive to reach this level; but once there, we slow down—not because we are lazy, but because we have fulfilled our inner desires and don’t need more. Wareham cites the example of commission-based sales people who, after earning adequate commission to reach their financial comfort level, tend to be less aggressive in selling cars to customers for the rest of the month.

Idea for Impact: “Psychic Contract” is a handy and thought provoking—if unsubstantiated—hypothesis to understand how your and other people’s deep-seated life goals are established. It can give you one more data point in trying to figure people out.

Wondering what to read next?

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  3. The High Cost of Winning a Small Argument
  4. The Likeability Factor: Whose “Do Not Pair” List Includes You?
  5. We’re All Trying to Control Others

Filed Under: Managing People, Mental Models, Sharpening Your Skills Tagged With: Books, Coaching, Goals, Mindfulness, Motivation, Negotiation, Persuasion, Relationships

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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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