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BlogCulture

Read Your Way to Success

by Ron Potter January 5, 2017

Elle Kaplan, the CEO & Founder of LexION Capital recently published an article titled “How To Use The Reading Habits of Billionaires To Radically Improve Your Intelligence and Success”

I’ll let Elle explain the science and research behind the correlation with intelligence and success but the two quotes that captured my interest were from Warren Buffett and Elon Musk. Old school, new school if you will.

“Read 500 pages every day. That’s how knowledge works. It builds up, like compound interest. All of you can do it, but I guarantee not many of you will do it.” —Warren Buffett

When asked how he learned how to build rockets, Elon Musk simply said “I read books.”

I can’t guarantee that reading books will turn you into a rocket scientist, but I do know it radically increases your knowledge and gives you great new frameworks and perspectives, helping you understand the world around you better. As far as the success part, I’m not sure but it does make you happier and science does show that if you’re happier, you are more successful (but that’s another blog post coming soon).

If you’ve been a reader of my blog, you know that I have a reading section with quick summaries of the books I’ve been reading. But like many things, it’s good to look back over the year and reflect on what you’ve covered and enjoy the accomplishment.

Besides the 20 novels, and other non-business non-fiction books that I’ve read this year, here is a recap of the business-related books read in 2016:

  • Risk Savvy: How to Make Good Decisions
  • Think to Win: Unleashing the Power of Strategic Thinking
  • The Rise and Fall of Strategic Planning
  • How Adam Smith Can Change your Life: An Unexpected Guide to Human Nature and Happiness
  • The Future Arrived Yesterday: the Rise of the Protean Corporation and What it Means for you
  • The Coaching Habit: Say Less, Ask More and Change the Way you Lead Forever
  • Helping: How to Offer, Give, and Receive Help
  • Teaming: How organizations learn, innovate and compete in the knowledge economy
  • A Failure of Nerve: Leadership in the age of Quick Fix
  • The Drama Triangle and Break Free of the Drama Triangle
  • Bo’s Lasting Lessons
  • Presence, Bringing your boldest self to your biggest challenges
  • Idiot Brain: What your head is really up to
  • Life in half a second: How to achieve success before it’s too late
  • The Management Myth: Debunking the modern business philosophy
  • Designing Your Life: How to build a well-lived joyful life

One of the questions I’m often asked is “How do you think up such good questions?” (Another book you’ll find in previous years is A More Beautiful Question: The Power of Inquiry to Spark Breakthrough Ideas) People find power in the ability to ask good questions that spark new perspectives.

Actually, I don’t think up good questions. Good questions are a result of reading, thinking, contemplating and wondering, not spur of the moment ideas. Curiosity is a very powerful leadership technique. I find the more I read the more curiosity I seem to have.

Read more! It will likely increase your intelligence, it may increase your success and it will most assuredly increase your happiness (which we know scientifically will increase your intelligence and success!)

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Short Book Reviews

The Management Myth

by Ron Potter November 2, 2016

the-management-mythRon’s Short Review: Matthew clearly helps us see how all of the number based management principles are clearly rooted in the 20th-century industrial world and measuring what has already happened while the real principles that make a difference today include putting people first and thinking ahead, not looking back.

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Short Book Reviews

Life in Half a Second

by Ron Potter October 17, 2016

life-in-half-a-secondRon’s Short Review: While Matthew’s definition of success is clearly stuck in the materialistic world, his “five door” process can really help you focus and be successful at many levels.

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Absurd!BlogIn-Depth Book Reviews

Absurd!: Organizations That Need Help Most Will Benefit from it Least

by Ron Potter October 17, 2016

photo-1459499362902-55a20553e082

I’m continuing my series on an in-depth look at a wonderful little book that’s twenty years old this year.  Management of the Absurd by Richard Farson.  You may want to consider dropping back and reading the previous blogs about ABSURD!  I think it will put each new one in great context.

One tag line that I’ve always lived by since I started my consulting business is “I only work with companies that want to be helped.”  I guess I learned early that I can’t teach anyone anything, I can only help them learn.  If they’re not interested in learning, I will never be effective at teaching them anything.  In fact, it’s always amazed me that the companies and individual leaders that look like they need very little help are always the ones that will dig the deepest into the learning in order to improve in any way they can.

Our author really clarifies this with a couple of statements.  “Deeply troubled companies don’t usually seek help.  And when they do, they have a hard time benefiting from it. The situation parallels one in psychotherapy.  Psychotherapy is usually ineffective for severely mentally ill people; it works better for well people.  The healthier you are psychologically, or the less you may seem to need to change, the more you can change.”

This statement reflects exactly what I’ve seen consistently over decades of consulting work.  The healthiest leaders with the greatest self-esteem (comfortable with who they are) are the ones that want to learn and improve the most.

Farson goes on to state “The consultant’s essential role is to hold up a mirror to the organization, reflecting the processes that may be limiting its growth.  As might be expected, the most critical issues center around leadership, not performance down the line.  Small wonder, then, that leaders of troubled companies tend to shy away from calling in consultants. They know that they will have to do some serious self-examination.”

Daniel Goleman wrote his Emotional Intelligence many years ago.  While there’s never been any correlation found between IQ and success, there is almost complete correlation between EQ (Emotional Quotient) and success.  At the base of your Emotional Intelligence or Emotional Quotient is self-awareness.  And more interesting is that self-awareness can’t be fully understand simply from within yourself.  Self-awareness requires feedback.  Are you open to feedback?  Without it you’re not even going to be self-aware enough to even know you need help or to seek out the help you need.

team-leadership-culture-meme-12

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BlogLeadership

Training Leaders

by Ron Potter September 29, 2016

One of my clients that I’ve worked with for many years asked me to get certified as an executive coach.  Now I’ll leave the judgment of whether I’m a good or bad coach to others (more on that in a minute) but I’ve been functioning as an executive coach since before the concept became popular.

I had been working with one executive for a few years when we had just finished a session with his top 40 leaders from around the world.  As he and I were relaxing in his office after the session and sharing some of our experiences over the last couple of days he said to me “You’ve helped me build my leadership team to a level of performance that I didn’t know existed.  And, you’ve helped me become a better leader than I could have imagined.  And, you’ve helped us build a culture that I believe will survive this coming global shake-out that we’re beginning to see.”

Now, for a guy who preaches that the first element of great leadership is humility, I have to admit that I was overflowing with pride at that moment.  Remember, the name of my company is Team Leadership Culture and he had just put his experience at the top of each of those categories.  What else could he have said that would have been more flattering?  Then he said something that absolutely shook my confidence. “But, your real value is …..”  In that flash of a moment a shock went through my system because I had no idea what he was about to say next.  He had just put my entire consulting practice framework, Team Leadership Culture, at the top of the list.  What else could he say?

“But your real value is when we sit and talk like this.”  I never thought that this time spent with leaders when we just sat and talked, shared, mentored, coached, learned together was of great value.  This was before the time when “Executive Coach” was a common word in our language but I learned that evening how valuable this was.  A CEO Executive Assistant once asked me “Are you selling drugs?”  I laughed because I hoped it was meant in a humorous way and said “no, why do you ask?”  She said “Because our CEO never grants more than one hour to anyone but when you show up he shuts off his entire afternoon and I just hear you in there laughing and talking.  Are you selling drugs?”

So why did I need my Executive Coaching Certificate?  It had been a corporate decision.  All Executive Coaches must be certified!  I did comply and while I did experience some value, my greater learning is that certification programs train you toward the norm.  Certification means you have been trained to meet certain standards.  It assumes there is a right way to approach coaching with systems, techniques and practices.  I find that coaching is completely unique with each individual and doing things a standard way can only lead to standard results at best.  When I asked the client that was pressing me to get certified if they had seen any difference between certified and non-certified coaches the answer was “no.”  There are good and bad certified coaches, good and bad non-certified coaches.

My conclusion to all of this rambling is that leadership is developed not trained.  Training by definition says to “teach a particular skill or type of behavior through practice and instruction over a period of time.”  A second definition is to point or aim toward something.  Leadership is dealing with the unknown.  Management is dealing with the known.  You can train managers when you know what to aim for but you must develop leaders.

Development by definition says to “grow or cause to grow and become more mature, advanced, or elaborate.”  Leaders need to be developed.  Mentor them, coach them, disciple them but don’t train them.  Leaders developing leaders takes time, dedication and the building of trust.  Are you a trainer or developer?  Are you being trained or developed?  Be/seek out that coach.  Be/seek out that mentor.  Grow!

team-leadership-culture-meme-9

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Short Book Reviews

Endzone

by Ron Potter September 26, 2015

endzoneRon’s Short Review: Yes, you probably need to be a Michigan football fan to fully appreciate the entire story.  However, this may be one of the best stories I’ve seen about the need for a new leader to walk that tightrope that balances traditions and culture with the need for change.

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Short Book Reviews

The Road to Character

by Ron Potter August 29, 2015

The Road to CharacterRon’s Short Review: Even though David Brooks is an award winning NYT columnist, I wasn’t expecting as much out of this book as some of the other books I was reading at the time. My apologies David. When he writes, “I wrote it, to be honest, to save my own soul,” you know you’re in for a ride. Well done.

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BlogCulture

Be Bold, Buy a Toyota

by Ron Potter August 27, 2015
Image source: Daniel, Creative Commons

Image source: Daniel, Creative Commons

I had to chuckle when I heard this latest marketing campaign from Toyota.

Nothing against Toyota, I’ve owned a few and had good experiences. But it just seemed ironic to say, “Be bold! Buy the most mass produced car from the largest auto manufacturer in the world!”

I work for companies that have over 30,000 employees, over 100,000 and over 200,000. And when I’m at those companies I will hear and see slogans like:

  • Be bold
  • Take risk
  • Fail Frequently
  • Be innovative
  • We thrive on creativity

And that makes me chuckle as well.

Some well documented studies suggest that once organizations cross the 150 employee line, they become, by nature, more risk adverse as they seek and require more reliability and predictability. They achieve this through standardization which is the opposite of messy risk taking innovation and creativity. An organization of thirty, fifty, or one hundred thousand has a lot of people at lots of layers with veto power.

Build it and they will come

I’ve had the opportunity to work with at least four companies who were the largest in the world in their industry, and I’ve noticed one constant phenomenon regardless of the overall culture of the company: You can always find pockets of excellence. Somewhere a leader and team are building a great culture within their sphere of influence that is bold, innovative, growth oriented, respectful, fast failing—all the aspects that make a great and productive place to work.

Another observation is that good people are always scrambling to get into these teams, divisions, or groups. When you build a great culture, you’ll never be short on talent.

Be bold. Build that great team. Be that great leader. Create that great culture. It’s fun! It’s rewarding.

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BlogCulture

When is the Best Time to Plant a Tree?

by Ron Potter August 20, 2015
Image source: subflux, Creative Commons

Image source: subflux, Creative Commons

I was having coffee this morning with an old dear friend. He has lived a life so rich and diverse and global that it would astound most people. He also has a heavenly view of this world that helps him see things in a simple framework that brings clarity to very complex issues. And yet he said to me today that he regrets career choices that he made many years ago and feels he missed (to some degree) not living as meaningful of a life as he could have. I must admit that I was shocked by his revelation but I also believe that on this topic he was in complete error.

Twenty Years Ago

I shared with him an old Chinese proverb (or at least my paraphrase of it): “When is the best time to plant a tree? 20 years ago!”

When is the 2nd Best Time?

My friend contemplated that statement and agreed he had “missed the boat” 20 years ago. But there is second part to the proverb, “When is the second best time to plant a tree? Today!” Just because you didn’t do it 20 years ago doesn’t mean you shouldn’t do it today. In fact, a tree planted 20 years ago can be for your own pleasure, a tree planted today will likely bring pleasure to others.

One of the talents of my friend is his technical brilliance. He was teaching us about “Big data” and “cloud computing” before they even had names. And he has an incredible talent for explaining it in simplistic terms that the non-technical person understands.  This talent is needed today more than it was 20 years ago. I watch business leaders every day trying to understand the technical side of the business well enough to make good business decisions.

Now is the Time!

Whatever your passion and wherever you find it, now is the time to plant the tree. No regrets only learning.

Creativity coach Ericl Maisel says that when people asks “How can I find the meaning of life?” They’re asking a completely useless question. He says: “we have to construct meaning in our lives based on everyday choices.”

It’s your choice today. Plant that tree now or continue to regret not planting it 20 years ago.

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Short Book Reviews

The Advantage

by Ron Potter July 30, 2015

The AdvantageRon’s Short Review: I’ve liked many of Lencioni’s books but delayed digging into this one because I thought it might be just one more topic. However, he does a great job of pulling many of his concepts together in the form of a “healthy” organization.

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BlogLeadership

Evolving Wisdom Institute

by Ron Potter July 16, 2015

4404847454_0c83c68cac_zAn article in the paper today mentioned a person and her credentials as a faculty member of the Evolving Wisdom Institute. Now, I know nothing about the person or the institute so this is not a comment on what they do or who they are. But the two words, “evolving institute” seem to be an oxymoron to me. Wisdom is considered one of the four cardinal virtues. Plato identified the four cardinal virtues in The Republic. Aristotle’s Rhetoric lists the virtues including wisdom. Thomas Aquinas is associated with wisdom and of course there is the entire book of Proverbs (from Latin: proverbium: a simple and concrete saying that expresses a truth based on common sense or the practical experience of humanity).

Wisdom doesn’t seem to evolve. Wisdom is solid and stable and is continually being re-discovered with every new study on human nature. It seems to me that every time a new business book or research study comes out (Starting with the granddaddy of them all: In Search of Excellence) they end up discovering the:

  • best leadership or
  • best business practices or
  • amazing brain research or
  • studies on human nature,

they always point back to what these ancient philosophers and writers have been telling us for thousands of years. Wisdom has been the same throughout the history of man. Don’t assume it is evolving and you need to figure out where it’s going next. Assume your evolving with new ideas and assumptions (many of them good.) But periodically you need re-ground yourself in and re-discover the ancient wisdom and four cardinal virtues. They will always make you a better leader.

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BlogFavoredTrust Me

Favored Are the Steadfast

by Ron Potter July 13, 2015

Commitment without reflection is fanaticism in action.
But reflection without commitment is the paralysis of all action.
—COACH JOHN MCKAY

Image Source: Ed Schipul, Creative Commons

Image Source: Ed Schipul, Creative Commons

William Wallace personified commitment.

The movie Braveheart tells the story of this hero-leader. He is the warrior-poet who became the liberator of Scotland in the early 1300s. As the film begins we see that Scotland has been under the iron fist of English monarchs for centuries. Wallace is the first to defy the English oppressors and emerges as the leader of an upstart rebellion. Eventually he and his followers stand up to their tyrants in a pivotal battle.

Wallace inspires his “army” as he shouts, “Sons of Scotland, you have come here to fight as free men, and free men you are!”
That battle is won. Later, though, Wallace is captured by the English and, after refusing to support the king, dies a terrible, torturous death. His last word? “FREEDOM!”

As a leader, Wallace understood the need to commit to personal core values, and he was able to inspire others to join him to the death for a noble, transcending vision: the cause of freedom.

This kind of response from others is what’s possible for leaders who understand the clarifying and galvanizing strength of commitment.

Commitment to Values

Knowing what you want is very important.

It’s surprising how many people, even those in leadership roles in large organizations, do not really know what they want. They are good people with good motives and good ideas. They work hard and get a lot done. But their values are inconsistent; their vision is not clear. They are wandering in fog.

To ultimately realize the power of commitment, you must be sure of where you are going and what attitudes and behavior will ensure that you arrive at your destination with your head held high.

Origins of Commitment

Commitment has its origins in clearly perceived values and vision.

Long ago, when I was growing up and forming my first understanding of life, I was mentored by a father who knew what kind of boy he wanted around the family house. Both men were committed to a simple core value: honesty.

Telling a lie was the worst thing one could do. Such an act brought great disappointment to my father and resulted in immediate sentencing and punishment. I quickly gained a deep appreciation for the wisdom of telling the truth. Looking back, I recognize that learning the value of honesty so young has served me well ever since. Being truthful has made me a better man and better leader. Such deep commitment to integrity began when my father focused my attention on honesty.

What my dad did also reveals how values and vision interrelate. My father had a vision for the kind of offspring he wanted to produce: a man of integrity. He knew that honesty would be a key foundation stone in building an individual with that type of character.

Commitment is not worth much if you have a distorted vision and rotten values. It is crucial, then, for leaders to develop the right core values. Right actions flow out of right values such as integrity, honesty, human dignity, service, excellence, growth, and evenhandedness. This set of values will determine much about the vision that leaders create and how they work with and through people—essentially how they lead and to what they are committed.

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