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The Problem with Hiring Ex-Entrepreneurs

January 25, 2024 By Nagesh Belludi Leave a Comment

The Problem with Hiring Ex-Entrepreneurs Former entrepreneurs often switch to corporate gigs, aiming for a better work-life balance and a touch of structure. While their creative mojo can jazz up your team, there’s a flip side: culture clashes. Entrepreneurs are used to doing things their way; so the corporate world, with its hierarchy and risk aversion, might feel like a straightjacket to them.

Expecting them to play by the ‘rules’? That’s where they’ll hit a snag. Their knack for juggling multiple roles clashes with the corporate call for slowing down and delegating—it’s a bit like expecting a cat to bark. Navigating the corporate landscape, with its politics, large teams, and strategy alignment, can be a real puzzle.

Moreover, there’s the risk that these ex-entrepreneurs might decide to pack their bags and return to startups or solo ventures if the corporate environment cramps their style too much.

Idea for Impact: If you’re considering hiring an ex-entrepreneur, watch for clashes. Set expectations and use their strengths without stepping on corporate toes.

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  3. The Truth about Being a Young Entrepreneur
  4. The Jerk Dilemma: The Double-Edged Sword of a ‘No Jerks Here’ Policy
  5. Beware of Key-Person Dependency Risk

Filed Under: Career Development, Managing People Tagged With: Coaching, Conflict, Entrepreneurs, Personality

The Problem with Hiring Smart People

January 23, 2024 By Nagesh Belludi Leave a Comment

Smart people are puzzled by initial resistance and slow uptake Hiring smart individuals indeed adds valuable intellectual capital to organizations, but it also brings about unique challenges. The struggle emerges as these individuals try to grasp why their brilliant ideas face initial resistance and why others don’t catch on as quickly.

Smart individuals become frustrated when dealing with skeptics among their colleagues, having to invest precious time in aligning the team without coming off as bossy—especially when collaborating with peers over whom they lack direct authority. The aggravation intensifies as they would prefer to generate more genius ideas than get caught up in the challenge of convincing others about concepts that seem like a no-brainer to them.

Idea for Impact: Smart folks, don’t overlook relationship-building skills; intelligence isn’t everything for your goals.

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  4. Managerial Lessons from the Show Business: Summary of Leadership from the Director’s Chair
  5. Don’t Ignore the Counterevidence

Filed Under: Effective Communication, Sharpening Your Skills Tagged With: Communication, Conflict, Getting Along, Hiring & Firing, Negotiation, Persuasion

Conflict Hack: Acknowledging Isn’t Agreeing

December 25, 2023 By Nagesh Belludi Leave a Comment

Conflict Hack: Acknowledging Isn't Agreeing In disagreements and conflicts, a common blunder is mistaking acknowledgment for agreement.

Recognizing someone’s emotions doesn’t entail embracing their perspective or emotional response. For example, saying, “I understand your frustration with our communication,” differs substantially from affirming, “I agree that our communication is lacking,” or resorting to blame with phrases like, “You should communicate better.”

Deep down, we all yearn for acknowledgment as rational beings, even when our actions might suggest otherwise. Neglecting to acknowledge someone’s feelings can further intensify conflicts, pushing them to raise their voices and intensify their agitation in a quest for recognition when they sense they’re not being heard.

Idea for Impact: Acknowledgment, an expression of empathy without judgment, is a mark of respect that has the power to disarm conflicts. It’s the initial step on the path to conflict resolution.

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  3. Entitlement and Anger Go Together
  4. Think Twice Before You Launch That Truth Bomb
  5. How to … Turn Disagreements into Dialogue with Neutral Phrasing

Filed Under: Effective Communication, Sharpening Your Skills Tagged With: Anger, Conflict, Conversations, Getting Along, Meetings, Persuasion, Social Skills

We Hope Others Understand, Love, and Care, but Expectations Can Burden

December 21, 2023 By Nagesh Belludi Leave a Comment

We Hope Others Understand, Love, and Care, but Expectations Can Burden In our world, emotions and care often prove transient, and though we hope for compassion and understanding, especially within close personal relationships, it’s not guaranteed that everyone will respond as we desire.

It’s essential to remember that each person’s actions stem from their own thoughts, emotions, and limitations, existing within a separate realm of their own. Their world is distinct from yours.

When someone doesn’t understand, love, or care, avoid taking it personally. You can’t impose your reality onto theirs and assuming they fully grasp your perspective. Rejection arises from their judgments, which may not necessarily relate to you.

Instead, if you choose to release the expectation that others must prioritize your feelings, you become better equipped to embrace their responses and behaviors, reducing the potential for conflicts. As Buddhism teaches, suffering arises from attachment and desire.

Idea for Impact: Expectations dissolve, conflicts abate. In conflicts, it’s vital to recognize that peace doesn’t mandate the participation of both parties; it only necessitates one—yourself. The source and resolution of the issue reside within you. Through acceptance, you can liberate yourself from the cage of expectations.

Wondering what to read next?

  1. The Secret to Happiness in Relationships is Lowering Your Expectations
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  3. The More You Can Manage Your Emotions, the More Effective You’ll Be
  4. Could Limiting Social Media Reduce Your Anxiety About Work?
  5. Begin with Yourself

Filed Under: Living the Good Life, Managing People Tagged With: Attitudes, Conflict, Getting Along, Relationships, Suffering, Wisdom

When Bean Counters Turn Risk Managers: Lessons from the Ford Pinto Scandal

December 4, 2023 By Nagesh Belludi 1 Comment

When Bean Counters Turn Risk Managers: Lessons from the Ford Pinto Scandal During the 1970s, the Ford Pinto scandal became a notorious and impactful episode within the automotive industry. This scandal revolved around significant safety concerns and ethical dilemmas associated with the Ford Pinto, a subcompact car. At the center of this controversy was the Pinto’s design flaw, which rendered it susceptible to fuel tank fires in the event of rear-end collisions.

The Pinto’s fuel tank was located in a highly vulnerable spot just behind the rear axle. This design flaw meant that, in the unfortunate event of a rear-end collision, the fuel tank could rupture, resulting in fuel leakage and, tragically, sometimes even fatal fires. Concerns regarding the safety of the Pinto were raised both internally within Ford and externally by safety advocates and engineers.

After at least fifty-nine lives had been lost, the scandal escalated dramatically when it came to light that Ford had conducted an internal cost-benefit analysis, which demonstrated that rectifying the design flaw and enhancing the Pinto’s safety would be more expensive than potentially settling legal claims for injuries and fatalities stemming from accidents. Ford had, with unwavering determination and, at times, dubious tactics, lobbied against a crucial safety standard that would have compelled them to address the risk and redesign the Pinto’s fire-prone gas tank.

This episode served as a stark lesson for the nation in the principles of cost-benefit analysis. The cost of implementing rubber liners to fix the problem was estimated at $137 million, while a meticulous calculation of the all costs associated with those who suffered and perished only amounted to $49.5 million.

Overall, society has made significant progress since the Ford Pinto scandal. Across various industries, from construction to healthcare, aviation to retail, automotive to hospitality, the principle of “safety first” is not merely a hollow industry slogan. Projects and endeavors now prioritize the well-being and protection of individuals, employees, and the general public.

While some may resent our increasingly litigious society and the abundance of frivolous lawsuits that burden the legal system and public resources, it is important to acknowledge that this litigious nature has played a crucial role in holding companies and regulators accountable.

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  5. Charlie Munger’s Iron Prescription

Filed Under: Business Stories, Mental Models Tagged With: Conflict, Critical Thinking, Decision-Making, Goals, Mental Models, Persuasion, Risk, Thinking Tools

What to Say When Words Escape You

November 25, 2023 By Nagesh Belludi Leave a Comment

What to Say When Words Escape You When faced with a tough question or unexpected situation that leaves you speechless, your best approach is to buy time. This prevents hasty, regrettable responses.

Respond with curiosity using open-ended questions like “Tell me more,” or “What are you hoping to achieve right now?” Neutral statements like “Let me get back to you” can maintain diplomacy and gain thinking space.

If all else fails, honesty works: say, “I’m not sure how to respond.”

Idea for Impact: In a world of quick, snappy answers, taking a moment to think before you speak is often wiser, especially in high-stakes situations.

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  5. Honest Commitments: Saying ‘No’ is Kindness

Filed Under: Effective Communication, Sharpening Your Skills Tagged With: Assertiveness, Conflict, Conversations, Etiquette, Negotiation, Social Skills

Stop Owning Other People’s Problems

November 23, 2023 By Nagesh Belludi Leave a Comment

Stop Owning Other People's Problems When the people around you are upset, it’s only natural to feel the urge to help. Offering assistance is a noble act, but there are instances when this well-intentioned impulse can become unproductive, sapping your precious time and energy.

Feeling an obligation to assist is one thing, but when this sense of duty transforms into guilt, it becomes a problem. A repeated failure to set the necessary boundaries or assert your own needs can often leads to resentment.

  • Send your love, not your worries. Care for those you love, but don’t become emotionally entangled in their problems. Maintain a healthy emotional distance and protect your mental and emotional well-being.
  • Offer support, not solutions. Trust that those you care about can figure things out on their own. If they can’t, trust that they’ll turn to you for help when needed. Don’t offer help unbidden. Be cautious about enabling others to sidestep their problems by relying on you to solve them. Encourage self-reliance and personal growth.

You don’t need to extinguish every fire that ignites around you. Assisting with other people’s problems can be emotionally draining. Embrace your boundaries.

As you invest time and energy to the concerns of others, remember that there’s no one looking out for you. Your time and energy are valuable, so use them intentionally and protect your own well-being.

Idea for Impact: Failing to set boundaries turns obligation into guilt, fostering resentment. Balance care and self-preservation.

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  2. How to … Address Over-Apologizing
  3. Avoid Trigger Words: Own Your Words with Grace and Care
  4. Silence Speaks Louder in Conversations
  5. Thanks, But No Thanks: Well-Intentioned Reminders Can Resurface Old Wounds

Filed Under: Effective Communication, Living the Good Life, Managing People Tagged With: Balance, Conflict, Etiquette, Getting Along, Listening, Social Skills

The Buddha Teaches: How to Empower Yourself in the Face of Criticism

November 13, 2023 By Nagesh Belludi Leave a Comment

The Buddha Teaches: How to Empower Yourself in the Face of Criticism Within the Theravada Buddhist tradition’s Pali Canon, the Akkosa Sutta teaches the importance of non-reactivity in the face of insults and harsh words. It emphasizes that when someone insults you, you should remain calm and composed, like a mirror that reflects an image without being affected by it.

Akkosa Sutta: Anger Quelled with Patience and Compassion

Siddhartha Gautama, the historical Buddha, achieved widespread renown during his 45-year teaching mission following his enlightenment. His teachings resonated with many, leading to the formation of the monastic Sangha.

The Buddha’s reputation as an unprovokable and serene spiritual teacher quickly spread across the regions he visited.

A man journeyed hundreds of miles with the intent of testing the Buddha’s renowned composure. Upon reaching the Buddha, the man wasted no time in subjecting him to a barrage of criticism, insults, challenges, and deliberate attempts to provoke a reaction.

Remarkably, the Buddha remained unruffled. Instead, he calmly inquired, “May I ask you a question?”

“Of course,” the man responded.

With gentle wisdom, the Buddha asked, “If someone offers you a gift and you decline to accept it, to whom then does it belong?”

The man pondered and replied, “It belongs to the person who offered it.”

A serene smile graced the Buddha’s face as he said, “That is correct. So if I decline to accept your abuse, does it not then still belong to you?”

In the wake of a thoughtful pause, the man chose to walk away.

Managing External Perceptions with Grace

The Akkosa Sutta emphasizes a fundamental Buddhist principle: Non-Attachment. When confronted with criticism, it’s crucial to distance yourself from the need to defend your self-image or validate your worth. By not allowing the negative words of others to provoke an emotional reaction, you promote inner peace and detachment from external negativity.

When accusations trigger that defensive knot in your stomach, pause and engage in self-reflection. In such moments, there are only two possibilities: either the accusations are valid or false. If they hold truth, anger serves no purpose; it’s wiser to acknowledge the valid points, learn from the experience, and advance in life.

Conversely, if they are false, once again, anger is unnecessary. In this scenario, the responsibility for their emotions lies with the person who made the mistake. While you can’t control the actions of others, you have the power to manage your own reactions.

Wondering what to read next?

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  2. Begin with Yourself
  3. Who Told You That Everybody Was Going to Like You?
  4. Anger Is Often Pointless
  5. Heaven and Hell: A Zen Parable on Self-Awareness

Filed Under: Effective Communication, Living the Good Life, Managing People Tagged With: Anger, Attitudes, Buddhism, Conflict, Emotions, Mindfulness, Parables, Suffering

Cultural Differences and Detecting Deception

October 25, 2023 By Nagesh Belludi Leave a Comment

Cultural Differences and Detecting Deception Spotting a liar isn’t an exact science; factors like eye contact, direct versus indirect communication, and many of the frequently highlighted “sure signs” of a liar may not always hold up across different cultures.

If you’re seeking more reliable indicators to help you discern truth from fiction, here they are:

  • Inconsistent Stories: Liars often weave a web of contradictions, changing their narrative as they go. When the story keeps evolving, it’s a red flag.
  • Lack of Detail: Liars tend to avoid specifics, offering vague responses that leave you with more questions than answers.
  • Defensiveness: While a poker face can hide the truth, excessive defensiveness can signal deception. When confronted, liars may become overly protective of their secrets.

Idea for Impact: Cultural sensitivity is essential when navigating the complex realm of truth and deception.

Wondering what to read next?

  1. Ethics Lessons From Akira Kurosawa’s ‘High and Low’
  2. Conscience is A Flawed Compass
  3. The Sensitivity of Politics in Today’s Contentious Climate
  4. How Understanding Your Own Fears Makes You More Attuned to Those of Others
  5. How to Speak Up in Meetings and Disagree Tactfully

Filed Under: Effective Communication, Managing People Tagged With: Biases, Conflict, Conversations, Ethics, Integrity, Manipulation, Questioning, Relationships

Ethics Lessons From Akira Kurosawa’s ‘High and Low’

October 5, 2023 By Nagesh Belludi Leave a Comment

The celebrated Japanese filmmaker Akira Kurosawa is known for crafting movies that grapple with moral dilemmas. In his highly regarded work, High and Low (1962,) a successful self-made millionaire faces a wrenching ethical conundrum: his son has been abducted, and he must give up everything he has worked hard for to secure the ransom. However, he soon discovers that the kidnapper mistakenly took his chauffeur’s son instead. The question now becomes: is the life of the worker’s child worth the same sacrifice as his own? In a powerful scene, the millionaire and the chauffeur lock eyes, and the viewers are left to ponder if all lives are equally valuable.

What makes this movie a standout is its portrayal of the intricacies involved in making difficult moral choices. Our conscience cannot always provide us with the necessary guidance to navigate the complex ethical issues we face in modern society, particularly when competing values and interests are at play. Ethical decisions are about more than just meeting a specific standard, as many dilemmas are so multifaceted that it’s difficult to distinguish good from evil or determine which choice is most worthy of preference.

The key takeaway is that tackling complicated moral problems requires continuous effort and investment in researching and contemplating the proper response. Seeking input from trusted colleagues who can provide a secure space to explore the nuances and implications of difficult decisions, particularly those you might not feel comfortable discussing openly due to societal pressures, is critical.

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  2. Of Course Mask Mandates Didn’t ‘Work’—At Least Not for Definitive Proof
  3. Virtue Deferred: Marcial Maciel, The Catholic Church, and How Institutions Learn to Look Away
  4. Making Exceptions “Just Once” is a Slippery Slope
  5. Is Ethics Just About Getting Caught?

Filed Under: Mental Models, Sharpening Your Skills, The Great Innovators Tagged With: Attitudes, Biases, Conflict, Conviction, Critical Thinking, Decision-Making, Ethics, Integrity, Philosophy, Psychology

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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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