Tag Archives: life lessons

Fast And Furious Means Fail

I bet we’ve all been there. An incoming email triggers a strong response and we let those strong emotions turn into something we regret sending later. It’s not a bug – it’s a feature, one we need to learn to turn off since inevitably we spend a lot more time cleaning up the mess then we would have spent had we just taken 10 minutes to calm down, reread the initial email, and respond with a clear head.

I’ve been on the receiving end of one of those. A client who owed me a lot of money reacted badly when I asked to be paid. Having waited nearly two years, I thought I was not over the foul line for asking. In fact, I offered to reduce the amount owed if they would begin paying immediately. Rather than engaging in a discussion about how we could resolve the issue, I received a nastygram unlike any other I’d received in business. My response wasn’t to respond. Instead, I did something I’d not done in 10 years of consulting: I turned the debt over to a collection agency.

That’s one personal example. I’m sure you have a couple, hopefully on the receiving end so you don’t have to clean up the mess. We can’t “react” to emails. The blessing of email is that it’s fast, with immediate delivery and often a quick response. That’s its curse as well, along with the fact that there is no nuance. My philosophy has always been that if there is a problem I’d rather try to resolve it over the phone so I can judge the tone of voice as well as to be sure that what I’m saying isn’t misinterpreted somehow. I realize it’s harder to get many people on the phone but the investment of time in doing so can often avoid a series of increasingly infuriating emails.

Don’t “react.” Don’t assume that someone hasn’t responded because they’re disrespecting you. They might just not be the bearer of good news and are struggling to find a way to say what needs to be said. Remember that everything you send is preserved and you have no clue who will end up reading what you write. Finally, call if you can or, even better, buy someone coffee and talk things over face to face. Old school? For sure, but maybe some of these old school ways are why some of us old folks have done well. Your thoughts?

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Filed under Helpful Hints, Thinking Aloud

Mastering Ourselves

Another major championship in golf, another screed about a business lesson learned from watching that championship transpire. Sergio Garcia, a Spanish golfer with a nearly 20-year history of frustration and failure in major championships, won The Masters yesterday. What’s surprising about the win is that it took him so long. He’s won 21 times around the world and has been a fearsome force on European Ryder Cup teams for a long time.

2011 Masters Tournament

(Photo credit: Wikipedia)

His skill was never in doubt, and yet five years ago at this very tournament, he stated that he didn’t have what it takes to win major championships. What happened and what can we learn and apply to our own endeavors?

Major championship golf is often described as “an examination,” testing both one’s game and one’s character. Sergio has always had the game but what he lacked was the character to deal with the adversity one faces along the way in any major. That’s why he gave exactly the right answer when he was asked yesterday what he liked best about how he won: “the demonstration of character.” Like every champion, he hit some awful shots. This time, however, he stayed calm, stayed positive, made a plan, and let life go on.

The lessons for any of us are clear. Skill and competence can take us a long way but to break through to another level we need the right attitude. We need to develop that maturity and character to deal with setbacks, both self-imposed (hitting a bad shot) and external (a competitor hits a great shot). Control what we can, deal with mistakes (we all make them), and remember that someone else doing well doesn’t mean that you’re doing badly. It might just mean that you have to change your plan and do better to get ahead.

Sorry if I’m becoming predictable in writing about golf after a big tournament, but what Sergio’s win said to me about all of us and business thinking was something I felt I had to share. He had already mastered the game years ago; yesterday he mastered himself. You agree?

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Filed under Thinking Aloud, What's Going On

Getting Elected Isn’t The Win

The big news at the end of last week had to do with the withdrawal of a bill that would have changed the laws regarding health insurance in this country. If you’ve been here in the screed before you know that we don’t do politics, so I’m going to refrain from any commentary for or against what happened. There is, however, a pretty good business (and life) lesson to be taken from Friday’s activities.

One thing you heard over and over was that the folks who wanted to change the existing law had 7 years to come up with a plan that would be better. It took them 7 years to control both Congress and The White House, thereby assuring that their plan would become law, assuming, of course, that it was palatable to the members of their party. It wasn’t, and so it hasn’t (become law, that is).

What can we learn from this? That it’s easier to win an election than it is to find the consensus you need to run the government. Winning is easy; governing is hard. The same thinking applies to managing a business. Becoming a manager is easy; managing the business is hard.

I met with a potential client last week who had recently been promoted into his job. He’s a smart, young highly motivated guy. In the course of our conversation, he mentioned that he was having some trouble adjusting to his new role and was finding it difficult to get things done as quickly and efficiently as he wanted. I told him that I had suffered from the same thing 35 years ago when I was handed my first department to run. Getting the job was a lot easier than doing the job.

What does that mean for you? If you’re looking for that next promotion, you might want to focus on the challenges of preparing to do the actual work rather than the challenges of getting a promotion. Trust me: the powers that be will appreciate your focus on execution and that will increase the chances of that promotion.

If you’re running your own business, a focus on execution is a good thing as well. Satisfied customers are more important that finding lots of new ones. There are tons of studies that show that using resources to keep existing customers happy is more profitable that spending resources on finding new customers (it costs 5x more to find a new customer than to retain one!).

Getting elected or promoted to a position isn’t really the win. Getting stuff done, whether it’s in your cubicle or on the floor of Congress, is the real test, don’t you think?

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Filed under Helpful Hints, Reality checks