Photo by Rachele Caretti, Licensed under CC by 2.0 One of the qualities shared by great decision makers is the rare ability to disregard the opinions of others and think for themselves. There is a strong gravitational pull to conform to the conventional wisdom. If you’re looking to avoid accountability or even regret (which is a powerful force in decision making), then it’s much easier to agree with the group as opposed to doing the research and analysis to make your own determination. It’s...
Lessons from a 630-Year-Old Family Business
The Cantina at the Antinori Winery. The Antinori family of Italy traces the founding of its family-owned wine business to 1385. That’s 630 years and 26 generations of business continuity. Consider the risks that a business faces over a span of that period, including war, plague, economic crisis, political turmoil, family health, and sibling rivalries just to name a few. Any one of these events could easily end a fragile family business, and many Antinori generations have faced more than one...
7 Leadership Lessons from a CEO
I recently had an opportunity to hear Gail McGovern speak to a group of high-potential leaders at the American Red Cross headquarters in Washington, DC. She shared her personal history from her early career at AT&T where she started as a computer programmer and rose to Executive Vice President. There were a lot of lessons learned along her career journey, and here are seven she shared with the next generation of leadership at the Red Cross: 1. Pick the best people. Attract, retain and...
Einstein & Creativity
In 2015 we celebrated the one-hundred-year anniversary of the publication of Einstein’s General Theory of Relativity. What Einstein was able to achieve was so astounding and so creative, it is worth reflecting on how he did it. Thought Experiments. Einstein’s intellectual journey toward the General Theory of Relativity did not begin with complex equations and high level mathematics; rather it started with a simple thought experiment when he was just 16 years old. Young Einstein imagined he was...
3 Tips for Improving Decision Making
You walk into the conference room for your fourth meeting of the day. It’s a cross-functional committee and you’ve been tasked with making a big decision. You’re pretty sure the committee made a decision during last week’s meeting, and you’re hopeful today’s topic is focused on execution. After all, a solution was discussed thoroughly and you felt that consensus was finally achieved. As you scan the agenda you get a sinking feeling in your gut. You realize the decision is still on the table and...
A Company that Builds People First and Machines Second
Bob Chapman is not your typical leader. Take, for example, the mission of Barry-Wehmiller, the $1.5 billion company where Bob is Chairman and CEO: We build great people who do extraordinary things. You might be confused if someone told you that Barry-Wehmiller builds capital equipment and delivers consulting services, because what Bob will tell you is “building great people is our business.” Many companies espouse the importance of building and developing talent by investing in people, but few...
Leadership and EQ
In the past, it might have been true that leaders could succeed simply because they were smart. But that’s no longer all it takes. While technical skills remain important, our emotional intelligence (referred to as EQ or EI) is just as important as our IQ. In fact, research shows that a leader’s emotional intelligence has a direct impact on the success of an organization. Daniel Goleman, a thought-leader on the topic of EI, says this about emotional intelligence: “If your emotional abilities...
Slow Down to Speed Up
Your cell phone rings. Your laptop alerts you that you have a new email just as you login to participate in an online meeting, while eating a sandwich you purchased from the shop down the street about three hours ago. Does this sound like a typical day during your week? If so, you’re not alone. According to Tony Schwartz, 25 to 50% of people report that they feel burned out at work. Read this post, The Magic of Doing One Thing, to learn more about the consequences of splitting your attention...
Zuckerberg, EQ, Chopra and Benjamin Franklin
How Mark Zuckerberg has grown into his role as CEO of Facebook.
Emotional Intelligence as a predictor of success.
Video of my friend Jit Chopra addressing a group of executives on the creative process. If you like my post on “start with the bad ideas first“, then you’ll love to hear Jit tell the story about Edward Land and the Poloroid camera.
Benjamin Franklin’s 14 timeless tips on Getting Things Done. – and this man was very productive.
John Wooden on Success
As a young high school English teacher in South Bend, Indiana in the 1930s, John Wooden, the legendary former coach of the UCLA men’s basketball team, was not satisfied with the prevailing definition of success. The conventional wisdom was (and still is) that success is the accumulation of possessions and power. This definition was unsatisfactory to John, so he came up with his own definition of success: Peace of mind attained only through self-satisfaction in knowing that you made the...