Showing posts with label executive leadership comfort zones. Show all posts
Showing posts with label executive leadership comfort zones. Show all posts

Friday, December 31, 2010

Accepting fear will allow you to move foward in your business

My father was visiting over the holidays and reminiscing about his days as a Navy pilot. Being eighty eight years old and a WWII veteran, he is part of a small and shrinking group of men and women who came of age during a time of war.

As a carrier pilot in the Pacific theater, my father had to learn how to manage his fear. He describes his first carrier landing as the most terrifying experience of his life; one he recalls vividly today. There are no heroic images in his recollection, only feelings of paralyzing fear and disbelief. Is it really possible to land a plane on what appeared to be a “matchbook bobbing and weaving" on the surface of the ocean?

When his wheels first hit the deck and the arresting wires grabbed the tail hook, he realized it was possible; he had made it. His fear transformed into belief and the elation of accomplishment took over.  He said: “Once I admitted to myself that I was terrified, a sense of relief overcame me and I believed I could do it.”

Many executives don’t like to admit they are afraid. Instead of managing their fear, they pretend it doesn’t exist. Unfortunately, this denial prevents them from taking important and decisive action; they never “land the plane!"

Not landing the plane includes among other things: sticking with a strategy that is successful today, when all indications point to it failing tomorrow, keeping quiet on a point of principle to avoid “ruffling feathers,” waiting too long to admit to a mistake, and delaying action on popular yet poor performing executives. Any of these mistakes can cause your leadership to “crash into the ocean.”
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Admit to yourself that you are afraid. Even better, admit to someone else you trust and respect. Accepting fear is managing fear. It allows you to make the tough calls, move your business forward, and bring the plane in safely.

Happy New Year!


Tuesday, November 30, 2010

Comfort Zones

“Past performance is no guarantee of future results.” This disclaimer is no doubt familiar to anyone who has ever invested in a mutual fund. When I saw this disclaimer the other day, I thought about my clients and the discussion we often have about Comfort Zones. I've also written an article* devoted to this important concept published in the November (2010) issue of the Supply Chain Quarterly Magazine.

You likely arrived in your current position on the back of some real assets, like your ability to get into the details or make quick, effective judgments. Now let’s assume your responsibilities significantly increase. Perhaps you’ve become the CEO of a much larger company or the president of a global division with international range and scope. Will doing what you’ve always done, in the same way be a successful strategy now? Most likely, the answer is no. You need to avoid the trap of falling back into your comfort zones. To do this, you must be self aware and willing to adjust your approach.

As responsibilities increase with your changing role, it’s easy to confuse a strength with a liability. This is especially true under pressure. Behavior that may have served you well in the past may not be appropriate in your new higher level position. When you lead from the top you must work through a team of senior leaders who represent you, extend your reach and give you leverage. The behavior you want to rely upon to lead senior officers is different (in important ways) from the leadership behavior you used when you were one of those senior officers. This is probably the number one cause of CEO failure and there are examples of this in the business press every day.

This “Comfort Zone Trap” is not just a bad habit. It can be a fatal flaw. As you evaluate your own leadership style, you might look for this trap as a real opportunity to improve. 

*Read my article:  Are Supply Chain Leaders Ready for the Top?