What Negative Value Statements Are Damaging Your Business?

A few months ago, I attended a key note by Marshall Eizenga where he explained that each of us holds value statements or value definitions in our minds. These value statements define how we think, act, react, and respond to the events around us. As such, value statements have a profound impact on our success and the success of the things (e.g., our businesses) and the people that we influence.

There is no one set of “correct” value statements. Rather, we are all products of our environments and our value statements are created throughout our life. They are a product of our experiences and our interpretations of these experiences. Each of us can experience the same thing but form completely unique value statements. These value statements can be either positive or negative.

Positive value statements can be very beneficial to us and the organizations that we lead. Negative value statements can be extremely damaging to us, our businesses, and the people that we influence.

For Example . . .

The Four

The Hidden DNA of Amazon, Apple, Facebook, and Google

This week’s book summary is The Four by Scott Galloway.

Although I may not completely agree with Galloway’s perspective in this book, he provides a combination of solid research and cynical humor to paint a picture of how a few companies are reinventing the world as we know it. His detailed study of Amazon, Apple, Facebook, and Google show how these massive companies were formed, the market spaces they created, and the incredible societal and business impacts they have made and are making.

My takeaway from this book is Galloway’s “T Algorithm” which is his definition of the factors needed for a business to rise up and compete against The Four. The eight factors are:

How to Improve Your Projects with 25 Simple Questions

As I wrote in a post a few years ago, project management is not for the faint of heart! Projects can be very complex and stressful.

Besides managing scope, schedule, and budget, project managers need to manage relationships with staff, customers, contractors, vendors, community leaders, and many others. Much of this project management is now done virtually as the project team, contractors and customers can be spread in multiple locations over multiple time zones, cultures and languages.

This is a daunting task!

Even more daunting is the task of a person responsible for the oversight of multiple projects. How can one person possibly stay on top of all the details from multiple large projects?

The answer is that they cannot and they should not even try!

So, what can a leader who is responsible for oversight of multiple large projects do to ensure the projects are on track and delivered successfully?

Your Success is Determined by Your Leadership Ability

The effectiveness of your leadership determines your level of success in all of your endeavors. It doesn’t matter how much money you have, who your parents are, what your education is, or who you know. You will only go as far as your leadership ability is capable of taking you!

If you don’t believe this, just ask the litany of leaders who have failed publicly over the last number of years. People like Martin Shkreli (Turing Pharmaceuticals), Elizabeth Holmes (Theranos), Martin Winterkorn (VW), or Sepp Blatter and Michel Platini (FIFA).

Your Leadership Ability is the Lid on Your Success

Leadership ability is the lid on your success. If you increase your leadership ability, you effectively raise the level of your success!

Back in the late 1990’s when I started to actively lead large teams I realized that I needed as much leadership help as possible. Fortunately, I met many great leaders who actively mentored me as my career developed.

I also discovered other leaders like John C. Maxwell who provides amazing leadership resources like his book “The 21 Irrefutable Laws of Leadership.”

Although I first read this book in the late 90’s, this collection of profound leadership wisdom continues to provide me great insight and guidance to this day! I have never met Mr. Maxwell but I consider him to be an important mentor who has made a huge impact on my life!

Following his 21 irrefutable leadership laws will profoundly impact your leadership abilities! I have outlined each of these laws below.

Stay on Top of your Work

Helping leaders navigate marketplace complexities and build successful and lasting organizations

This week’s book summary is actually a podcast link. I was recently featured on TimeCamp’s “Stay on Top of your Work Podcast” episode #15! Check it out here and let me know what you think in the comments below!

 

 

Note that I have previously reviewed the following books in 2018:

  1. Tim O’Reilly’s Whats the Future and Why Its Up to Us
  2. Steven Pressfield’s The War of Art
  3. Timothy Ferriss’ Tribe of Mentors
  4. Richard P. Feynman’s Surely You’re Joking Mr. Feynman!
  5. Bernadette Jiwa’s Hunch

 


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