The Financial Meltdown Was the Result of Too Little Risk

Excessive risk-taking has been the whipping boy for the financial meltdown over the last 3 years. On the surface I get it – executives at many financial institutions took on irresponsible amounts of leverage and got burned. However, something about this concept of these people being excessive risk-takers never made sense to me.

Life Is A Game of Inches

At the end of last week I was frustrated by my inability to make progress on a few key fronts in my business. On Saturday morning I sat down to reflect on my state of mind. On the top of a pad of paper I wrote a simple question – What am I forgetting? Looking through an old journal, a quote from the movie Any Given Sunday caught my eye. . .

Trust Your Gut and Share Your Inspiration

Listening to your own being, getting clear on your passions and what truly inspires you, and expressing your own ideas are not merely “nice to have” – they’re actually responsibilities – not only to yourself, but also to the communities in which you live, and ultimately to the world. On one hand this can sound like a burden, but on the other it’s quite the opposite.

Just Talk to Each Other – Frequently and Directly

I spent a day last week discussing some difficult issues with a leadership team I’m a part of. As the day progressed it became clear that we had been avoiding quite a few crucial conversations over the last year – more than we had likely anticipated. As a professional in the organizational consulting field, it felt odd to me, like we should have known better.

Get Hell Bent on Making it Work

From 2006-2008, after four years of design and development, Musk’s company SpaceX tried and failed 3 times to launch the Falcon-1 rocket into orbit. Then in Sept 2008 it finally succeeded on the 4th try. In July 2009, on its 5th try, it became the first privately financed launch vehicle to boost a commercial payload (a Malaysian satellite) into orbit.

Don’t Be Afraid to Show Your Shortcomings

We all have insecurities. Things that we believe make us look bad or weak. Convinced that they’ll hold us back if exposed, we often go to great lengths to try to hide them. Rarely do we consider the opportunity we miss as a result. With the right perspective, our shortcomings aren’t liabilities – they’re assets […]

It Really Is Whether You Win or Lose

The old expression “it’s not whether you win or lose, it’s how you play the game” is flat out wrong. Winning matters. It matters for an obvious reason – because you achieve something important. But it matters for a much bigger reason also. It drives growth – personal, professional, revenue, you name it […]

Sustainable Innovation = Smart Risk-Taking Culture

Successful sustainable innovation has three components – innovation process, innovation management, and innovation culture. If you forced me to pick only one to foster innovation, I’d choose innovation culture because it’s the only one for driving innovation capacity. The other two are critically important, but they’re enablers, not drivers.[…]