the value of a good mistake
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THE VALUE OF A GOOD MISTAKE. “I've learned that mistakes can often be as good a teacher as success." – Jack Welch “ - PowerPoint PPT PresentationTRANSCRIPT
THE VALUE OF A GOOD MISTAKE
“I've learned that mistakes can often be as good a teacher as success." – Jack Welch“
I have taken more than 9000 shots in my career. I have lost almost 300 games. Twenty six times I have been trusted to take the game winning shot and missed. I have failed over and over again in my life; and that is why I succeed.” – Michael Jordan
.
Great Mistakes and the Lessons Behind Them.
• Leadership
• People Management
• Money Management
• Customer Loyalty
• Work Life Balance
LESSONS IN LEADERSHIP Management is doing things right; leadership is doing the right things. ----- Peter Drucker.
“People buy into the leader before they
buy into the vision.” -----John Maxwell
LEADERSHIP TAKE RESPONSIBILITY FOR THE SUCCESS
OR FAILURE OF THE COMPANY- BE THE MAN/WOMAN
COMMUNICATE A COMPELLING VISION AND MISSION.
CREATE AN EMPOWERING CULTURE BECOME A MULTIPLIER NOT A DIMINISHER BE DECISIVE LEADERS NEVER ARRIVE
LESSONS IN PEOPLE MANAGEMENT
IF YOU THINK HIRING PROFESSIONALS IS EXPENSIVE, TRY HIRING AMATEURS
I HIRE PEOPLE BRIGHTER THAN ME AND GET OUT OF THEIR WAY Lee Iacocca
FIRING IS NOT SOMETHING YOU DO TO SOMEONE: FIRING IS SOMETHING YOU DO FOR SOMEONE
PEOPLE MANAGEMENTKnow Thyself …and everyone else for that matter!
RIGHT PEOPLE- RIGHT SEAT PENNY WISE AND POUND FOOLISH SOP’S – ALLOW ORDINARY PEOPLE
PERFORM AT EXTRAORDIARY LEVELS CELEBRATE SUCCESS FIRE RIGHT- DO THE RIGHT THING FOR
ALL
CUSTOMER LOYALTY THE CLIENT IS NOT ALWAYS RIGHT DO YOUR HOMEWORK
SET CLEAR EXPECTATIONS
80/20 RULE
DON’T BECOME FAMOUS ON THE NEWS
LESSONS IN MONEY MANAGEMENT "I've got all the money I'll ever need if I die by
four o'clock this afternoon."- Henny Youngman
Car sickness is the feeling you get when the monthly payment is due. ~Author Unknown
A bank is a place that will lend you money if you can prove that you don't need it. ~Bob Hope
FINANCIAL EXPERIENCE –BIGGEST MISTAKES UNDERCAPITALIZED AS START UP DON’T UNDERSTAND COSTS CASH FLOW OWNER TAKES TOO MUCH MONEY OUT DON’T UNDERSTAND BUDGET OR
FINANCIAL REPORTING
PARTNERSHIPS MAKING BUSINESS WORK
MAKING MARRIAGE WORK
WORK LIFE BALANCE“IF MAMA AIN’T HAPPY NOBODY’S HAPPY”
DON’T TALK TO ME LIKE AN EMPLOYEE
WHAT PART OF PICKING UP YOUR SON DID YOU NOT UNDERSTAND
HONEY, ARE YOU LISTENING TO ME
I DON’T EVEN KNOW YOU ANYMORE
PARTNERSHIPS IN THE BEGINNING COMMON GOALS AND VALUES
PARTNERSHIPS OVER TIME OUT OF BALANCE SEPARATE OR INDIVIDUAL GOALS AND
VALUES
REBALANCING REDEFINE COMMON GOALS AND VALUES PRACTICE MUTUAL RESPECT REVISIT OFTEN
COMMON VISION
The facts are irrefutable and beyond question. Mistakes are essential for learning, improvement, productivity and creativity.
DON’T WASTE A BIG MISTAKE!
THE VALUE OF MISTAKES Don’t waste a perfectly good mistake
on self-abasement. Seize the opportunity to learn, for that is what mistakes are for! Therefore do not be afraid to make mistakes, rather embrace them! Learn the value of mistakes.
THE VALUE OF A GOOD MISTAKE