Ce diaporama a bien été signalé.
Le téléchargement de votre SlideShare est en cours. ×

Manage CEO pride & vanity

Publicité
Publicité
Publicité
Publicité
Publicité
Publicité
Publicité
Publicité
Publicité
Publicité
Publicité
Publicité
Prochain SlideShare
Triggers
Triggers
Chargement dans…3
×

Consultez-les par la suite

1 sur 27 Publicité

Manage CEO pride & vanity

Télécharger pour lire hors ligne

Have you ever wondered why some companies always stay small? Many times, I have seen private companies grow to around US$50 million in sales and pretty much stop there. I have a feeling one of the reasons is the CEO does not know how to work with managers under him. He likes to make all the decisions and will not delegate decision-making to his managers. This tends to stop growth at that US$50 million level. A few years ago, I prepared a presentation on this problem titled CEO PRIDE. I think it is still important today, so I uploaded it into SLIDESHARE. I talk about using the advantages of pride and avoiding the disadvantages. Have a look at it. If you have any comments on it, drop me a note.

Have you ever wondered why some companies always stay small? Many times, I have seen private companies grow to around US$50 million in sales and pretty much stop there. I have a feeling one of the reasons is the CEO does not know how to work with managers under him. He likes to make all the decisions and will not delegate decision-making to his managers. This tends to stop growth at that US$50 million level. A few years ago, I prepared a presentation on this problem titled CEO PRIDE. I think it is still important today, so I uploaded it into SLIDESHARE. I talk about using the advantages of pride and avoiding the disadvantages. Have a look at it. If you have any comments on it, drop me a note.

Publicité
Publicité

Plus De Contenu Connexe

Diaporamas pour vous (20)

Similaire à Manage CEO pride & vanity (20)

Publicité

Plus par Ron McFarland (20)

Plus récents (20)

Publicité

Manage CEO pride & vanity

  1. 1. A company’s greatest asset …… CEO Pride 1 Or biggest expense
  2. 2. Danger: The average person does not think that other people are as confident in themselves, and therefore he thinks he is superior to others. This sense of superiority is connected to power and ego. This can have positive or negative influence on business, depending on their use. There was an internet survey that asked executives, (1) if they were confident in themselves, and (2) if they thought other executives had the same level of confidence. 1. 83% of the executive said they were confident in themselves. 2. 27% of them thought others had the same level of confidence. Internet Survey of CEO’s 2
  3. 3. Ego is not all bad: 1. It sparks the drive to invent products. 2. It encourages achievement. 3. It gives people the nerve to try new things. 4. It helps us overcome set-backs. 5. It can be a company’s greatest asset. As a manager achieves success, his confidence grows, and it can reach a damaging level. At that point, the person must review his way of thinking. But, if we can not control ego’s strong forces there are weaknesses. 1. We will not make quality decisions. 2. We will not evaluate proposals effectively. 3. We will not gather enough or appropriate information. 4. We will not seek advice when need be. 5. We will lose trust in people and them in us. 6. We will lose the chance for open discussion. 7. We will lose trust in people and them in us. Ego and profit 3
  4. 4. Confidence & Value Confident Decisive, courageous Action oriented Sets and achieves high goals Clear direction, confronts realities, eliminates guessing Strength Value to organization Good communication Intelligent Sees beyond obvious, makes creative decisions 4
  5. 5. From Strength to Weakness Confident Infallible Determined Inflexible Decisive Hasty Dedicated Workaholic Strength Weakness Committed Intolerant Smart Know-it-all Charismatic Manipulative 5 Empathic Pushover
  6. 6. If a person loses control of his ego, he and his company could lose trust, respect and reputation. This will badly influence, employees, careers, business affiliations, customers and market share. It can be very damaging from many perspectives. Value to risk Confident Closed-minded, domineering, intimidating Action oriented Impatient, resists changes that might improve results Creates fear, intimidates others, starts gossip Strength Risk to organization Communication Intelligent Dismisses or demeans colleagues who disagree Value to organization Decisive, courageous Sets and achieves high goals Clear direction, confronts realities, eliminates guessing Sees beyond obvious, makes creative decisions 6
  7. 7. Becoming balanced Determined Flexible Independent Inclusive Ambitious Selfless Competitive Collaborative Strength Balance Direct Diplomatic Intense Easy going Motivated Patient 7
  8. 8. Four warning signs Makes comparison Seeks acceptance Defensive excessively Must be center of attention How strongly does he behave this way? How often does he behave this way? 8Source: Egonomics, David Marcum & Steven Smith
  9. 9. Making comparisons: 1. Some people think their ideas are always best and do not explore further possibilities. This restricts their learning. 2. If you must compare, it is better to compare yourself right now with yourself in the future, than comparing yourself with others. 3. If you make comparisons with others to learn, that can be very worthwhile. But to compare just to win might not be. 4. When your attention is totally on the competition, you might miss opportunities that your customers are signaling you. 5. When comparisons to win become too strong, (1) We could set goals we should not be achieving. (2) We could set goals too high. (3) We could set goals very easy to reach. Warning sign #1 9 Making comparison Source: Egonomics, David Marcum & Steven Smith
  10. 10. The risk of making comparisons and setting goals: 1. Wrong Goals: If we are always looking to what others are doing, we might miss what really needs to be done. 2. Unrealistic Goals: When we set our goals too high, we set ourselves up for failure. That results in quickly giving up, worry and frustration. We don’t even attempt what could be achieved. 3. Simple Goals: If our goals are too easy, we never will grow. Also, we won’t know just how much we can achieve with more effort. Warning sign #1 10 Making comparison Source: Egonomics, David Marcum & Steven Smith
  11. 11. Being defensive: 1. You should defend your ideas and opinions with good reasoning and accept other ideas with good reasoning. You need not defend yourself. 2. You know you are too defensive when you are the center of attention to prove your case, not to solve the problem with the best solution. 3. If you are giving ultimatums rather than encouraging options, you are too defensive. 4. Even though it is difficult to hear a different opinion, the truth is always better than statements exaggerated, understated or incorrect. Warning sign #2 Being defensive 11Source: Egonomics, David Marcum & Steven Smith
  12. 12. Being center of attention: 1. If you are always the center of attention, information, ideas and attitudes of other people are lost. They may have the key information needed. 2. If others’ have no chance to express their opinions or suggestions, great ideas may be lost. 3. Collective intelligence outperforms the brightest individual almost every time. Warning sign #3 12 Being center of attention Source: Egonomics, David Marcum & Steven Smith
  13. 13. Our confidence grows over time and experience. The more we know, the more confident we become. When our confidence increases to the point where we think there is little to learn, we become less open. That is the point when we close the door to listening and learning. 13 Warning sign #3 – Being center of attention Time Learning,listening &openness
  14. 14. Needing acceptance: 1. If people disagree with you, they are rejecting your ideas/opinion only, not you as a person. 2. People should have the right and opportunity to attack your ideas while at the same time praising you as a person. 3. Leadership is best reserved for those who do not need a great deal of acceptance of others. 4. When we must have the acceptance of other people, we tend to play it safe and hold back. This makes us weak leaders. 5. When hurting someone’s feelings is too important, honesty suffers. Warning sign #3 14 Needing acceptance Source: Egonomics, David Marcum & Steven Smith
  15. 15. Three methods to use ego positively Sweat spot of all three Advance your emotional maturity Increase your determination Expand your curiosity 15
  16. 16. Emotional mature is the first principle, because if successfully applied it will open minds, increase listening and learning. This maturity is temporarily suspending our opinions and encouraging discussion and debate in the best interest of the business. Advancing your maturity Advance your emotional maturity 16
  17. 17. Maturity - Dedicated to achievement Balanced Maturity Devoted to progress (common good vs. self) I’m smart, but don’t know everything 17 Experienced, but learning (always confirming status)
  18. 18. To be most productive, a person must be balanced. When should he ask questions and get information? When should he decide and execute his decision? When should he listen? When should he talk? He must have drive, but he must know when it is best to let others take responsibility, make decisions and execute plans. Most people do not have enough ego drive to get things going. Others have too much. In either case, we have to identify early warning signs mentioned in earlier slides when a person is either not being assertive enough and when he is over assertive. The feelings of the people around you will show the answer. What is maturity? 18 Levelof Frequency& intensity Is over confident Is arrogant Is demanding Is unwilling to listen Levelof Frequency& intensity Acts intelligent Shows self-respect Is genuine Is confident Earlywarning signs Lacks confidence Has no self-respect Has no motivation Has no enthusiasm Earlywarning signs Balance & Maturity Too much Too little
  19. 19. 19 Personality & Maturing There is no connection with personality and balanced maturity. Some people tend to be off balanced in some areas, other people in different areas. Here are four examples: Blue-intimacy Values relationships, Wants to be good to everyone Could be too defensive. Grey-peace Values information, Wants respect of knowledge Could try to seek acceptance too much. Red-power Values achievement, Wants to be respected Could try to be center of attention too much. Yellow-fun Values enjoying life, Wants to make good impression Could make comparisons too much.
  20. 20. Diversity and similarity There must be a balance between having differing opinions and similar views. Too much diversity can create chaos. When differences are great, it is ideal to have several short meetings, so each party can relax between meetings and review the other person’s position in his mind. After that review, they can continue. Isolation from diversity can create narrow-minded opinions and views. Diversity & maturity 20 Levelof violent discussion So much diversity and positioning that real communication can not occur Levelof agreeable discussion Honest aggressive exchange of opinions with the goal of generating many ideas and reaching the best solution All are agreeable, but reluctant to share hard, truthful situation Balance of diversity Much diversity Little diversity
  21. 21. Expanding your curiosity Advance your emotional maturity 21 Once we create an open-minded atmosphere through being more mature, curiosity will activate the exploration of ideas. Expand your curiosity
  22. 22. If we lead with questions rather than answers, curiosity can prevent us from holding too tightly to our own ideas and beliefs, and we can fully grasp others’ points. If we are truly curious, our satisfaction of the current status has a very short life span. We soon want to learn and advance further. We are never finished. Expanding your curiosity Expand your curiosity 22 Active curiosity – Going out and finding things of interest . Passive curiosity – waiting for something interesting to come along.
  23. 23. Even with maturity and strong curiosity, it is sometimes difficult to break out of our own habits and comfort zones. It takes determination to apply leadership in vision, strategy, integrity and full execution. Increasing your determination Advance your emotional maturity Expand your curiosity 23 Increase your determination
  24. 24. Determined: 1. Knowing you have good, bad, old and new habits, you must be determined to honestly reevaluate them and make adjustments when needed. 2. People should have the right and opportunity to attack your ideas while at the same time praising you as a person. 3. Determination is closing the gap of what you think is right and what is really right. This is something that must be reviewed regularly as things are always changing. 24 Increasing your determination Increase your determination
  25. 25. Method of addressing a difficult subject: 1. Ask permission to ask questions. 2. Make your intentions clear before asking any questions. 3. Be very candid in exposing as much factual information as possible. Let people observe them and examine them. 4. After the above three, go into your questioning. 25 Determination - Getting to the true situation I wonder what is the truth!
  26. 26. To be most competitive, a company should build an open-minded culture. It should maximize peoples’ individual talents and strengths by intense business debate with the intentions of progress and without excess conflict and premature judgment. With ego under control, greater honesty will increase the speed of innovation and higher performance. Conclusion - Becoming more competitive 26
  27. 27. A company’s greatest asset …… Or biggest expense Thank you 27 CEO Pride

×