Sunday, 20 of May of 2012

Tag » success

S.T.A.R.T. Something

Every business executive talks about innovation, the need for innovation, they have to innovate or die, and some say how great they are at innovation, but their innovations never reach the customer in time. Why is this the case? Because when innovation is expected because it’s the most important word in Buzzword Bingo, it fails to have the passion to see it through.

Talk is cheap, ideas are free, and intent is easy.

If you want to truly give your customers some meaningful innovations follow these rules to S.T.A.R.T. Something.

S.     Show Initiative

If your best innovation is covering ground your competitors have already walked, you are not innovating – you are catching up. Creating a Phone app? Are you the first to have this? Who else in your industry has one? Is your app doing the same identical things? There is no competitive advantage to being next in line, but you probably need this simply to stay competitive. True innovation comes from showing initiative. For example, being the first to take a customer pain and figuring a way to eliminate it. Start simple, take an internal process that is painfully slow and fraught with pain points (errors, internal bickering, etc) and tackle it once and for all. True innovation doesn’t come from copycats; it comes from those who strive to be unique in the market place.

T.     Try Stuff

If you feel the need to hit the Bull’s eye every time, you are standing too close to the target. Innovation comes from a series of failures and missteps that create knowledge to be better on the next attempt. This is why I hate “zero defect” corporate cultures. That mindset eliminates the best innovative ideas and efforts. When you can’t fail you only reach for the sure thing. Instead, create a culture of “try stuff” and watch how ideas get bigger and better and the execution of those ideas improve with every attempt. It’s how real innovation occurs.

A.     Attack Issues

Innovation implementation rarely reaches great heights because people tend to avoid risk, play safe and go for the sure thing. To innovate you must fully attack the issues you are addressing. It might get a bit messy, a few toes may get stepped on in the process, and someone’s feelings might get hurt. So be it. To win the battle with your competitors must first win the battles in-house. Half-hearted efforts never win the big prize and innovation isn’t worth trying if there isn’t a full on attack of the issue you or correcting with your innovation.

R.     Re-evaluate Everything

A large stumbling block to innovation is the transition from the vacuum of a lab to the dirty real world. Innovations don’t stand alone; they can bump into everything else that works with the old rules. The old policies, procedures, department design and even the old technology can be called into jeopardy with true innovation. This is why it is important when pursuing significant innovation to examine every impact a successful launch can have.

T.     Transparently Communicate

When you show initiative, try stuff, attack issues, and re-evaluate everything you have completely challenged the status quo. People like the status quo because they know what to expect, have figured how to be successful, don’t like risk and know where the pain is. Which is why innovation needs a marketing campaign every step of the way. The best marketing campaign for innovation is transparent communication. Let people hear the story along the way, encourage them to buy in, and share the benefits the overall organization will experience once the innovation is the new status quo.

Innovation is a defining tool for the new economy for every organization, especially in well-established industries. Don’t simply play follow the leader – START Something.


Luck

I have said a hundred times — luck happens when opportunity meets preparation. I’ve heard others say luck is another word for hard work that pays off. I’ve also noticed those who say these things are the ones who have benefited from good luck.

In Malcolm Gladwell’s book Outliers, he found that success was largely impacted by good fortune. When you were born, who your parents are, and those you had a chance encounter with. Not to mention shifts in the world that adjusted the road to success in your direction. What was previously thought of as grunt work, was now a valued process. The work didn’t change, the focus of the world simply shifted.

None of us want to believe our success came from simply good fortune. But how else can you explain the meteoric rise of the formerly homeless golden-voiced Ted Williams? He was pan-handling on a street corner like many others in this country. A newspaper person shot a video of him, sat on it for five weeks, and then posted it on youtube where it took a life of its own.

I embrace the story of Mr. Williams; I think it is wonderful for him. But it wasn’t an intersection of preparation meeting opportunity. It was good luck.

My largest contract in my career came as a result of luck. It was a chance encounter in an airport club room. I’ve struck up hundreds of conversations in airport club rooms. If skill was involved I would have many more contracts of that size and would spent a lot more time in airport club rooms! It was just good fortune that someone was speaking to the right person at the right time who was interested in what I was offering.

Unfortunately luck also has a down side.

Consider the story of the 9 year old girl who was born into a major league baseball family, had been profiled in a book about children who were born on September 11, 2001, and then was asked by a neighbor to attend a congresswoman’s meet and greet with constituents in Tucson on January 8, 2011, where sadly she was shot to death.

She did not ask to be born into a wealthy, high profile family, she was one of a select few born on that day profiled in the book, and there was no action on her part that caused her death other than to simply be there. It was pure bad luck.

In poker the top players calculate the odds in how to proceed in playing a hand. When long odds hit against you it is referred to as taking a “bad beat.” By the same token when long odds fall in your favor in the poker world it is called a “suck out.”

With a 52-card deck odds can be calculated. In life, odds are so variable as to be incalculable, but it doesn’t mean bad beats and suck outs don’t exist. Life is filled with luck.

Does that mean I am saying sit, wait and see what life brings to your doorstep? Not in the least! We have to put ourselves in play to allow positive impact to occur. But I am saying before we reject people because of their standing in life, we should consider luck had a large hand in the outcome. By the same token, before we get caught up in all of our own successes, we should be thankful at our good fortune. I am sure you can think of a hundred decision points in your life where you got the fortunate break and had that decision gone the other way; you would be a very different person for it.


10 Apps of Success Technology Won’t Replace

Technology is amazing how it can transform tasks and the flow of information. Without technology we wouldn’t be able to operate at the speed with which business moves today. Although technology has transformed our daily tasks, it has not replaced these critical components of success I’ve noticed lacking in the technological world. In fact, technology may even hinder these important pieces of success.

Hustle

Drive

Persistence

The ability to communicate

Interpersonal skills

Focus

Discipline

Commitment

Attitude

Belief in oneself

The next time you want to learn a new app for your technology; consider relearning one of these old apps instead. I believe the more hustle app will help your personal success much more than the TMZ app for your phone.