This video is about Verne Harnish’s 5 habits of the Leaders that will succeed in the next decade.
Conor and Verne before the ScaleUp Conference in Barcelona
The 5 habits are:
Ratio of “No” to “Yes”
Meals with Influencers
Calender hours on Gold Chip actions
Total brains involved in your decisions
Regular Reading and Thinking Time
Verne C. Harnish founded Entrepreneurs’ Organization, and the Association of Collegiate Entrepreneurs, both international entrepreneurship organizations. He also serves as Founder and Chief Executive Officer of Gazelles, Inc., a strategic planning and “executive education” company. He chairs the “Birthing of Giants” leadership program at the Massachusetts Institute of Technology.
ScaleUp Barcelona
Here’s some of the action from last week’s ScaleUp Barcelona conference:
“Only 3 things happen naturally in organisations: friction, confusion and underperformance. Everything else requires leadership” Peter Drucker
Mediocrity is effortless.
Excellence requires effort. Excellence requires a culture of excellence. In the absence of cultures of excellence I will find an excuse to let myself slip from my best.
Do you surround yourself with cultures of excellence?
“Great leaders create culture by design, while average leaders allow culture to evolve by default.” Mike Myatt
Personal Culture
Are you clear on your values and purpose? If not, you are bouncing from one opportunity to the next. You take today’s good opportunity to lay bricks rather than building the great cathedral of your life. The clue to the existence of a clear personal culture is that you say “No” to most things. You are not bouncing from one interesting distraction to another interesting interruption.
The ability to start things is a good step towards a positive personal culture. The ability to finish things is the goal. Are you better at starting things than you are at finishing things? (I am. It takes real effort for me to declare a project finished.)
I have my own explicit written personal culture. I first wrote it down 7 years ago as I emerged from a very difficult time in my life:
I have a much updated version that I keep with me today. I don’t share it publicly, but have often shown it to those who have shared their own personal mission, vision and values with me. You can find my email if it is important to you.
Family Culture
“A family culture happens whether you’re consciously creating it or not. It’s up to you and your wife to determine whether that culture is of your choosing. If you want a positive family culture, you must commit yourself to years of constant planning and teaching. A culture isn’t something that’s created overnight; it requires daily investment.” Brett McKay
The family culture is the first culture we experience. Your earliest experience of co-existing with others was in your childhood family. If your parents were clear about their values; the behaviours that express those values, the non-acceptable behaviours; and the rituals that keep these values visible: then you had a great start. If your parents did not work to jointly define and live this family culture, you still had a culture… but with unclear and unsatisfying results.
There are 3 pillars of group culture: Values, Norms and Rituals.
Values – Each family’s set of values will be different and shaped by different education, religion and country values. Some families see competition as positive, some see it as negative. Some see position as giving rights (“You’ll do it because I am your father!”), some see dignity and agreements giving rights (“You’ll do it because we value kindness.”)
Norms – explicit and implicit rules of engagement. For example, how do we resolve conflicts? Shouting and passive-agressive stand-offs? Calm discussion and seeking to understand the other? How do we share chores? Does one person work while others sit watching? or does everybody find a way to help when clearing the table after a meal?
Rituals – routines, sanctions and celebrations. Family meals – are they in front of TV when each individual is hungry, or does everyone gather and share? Weekends, mornings, nights… what are the regular routines? Rites of Passage – what way do you celebrate the passing of the seasons, the reaching of an individual goal, the birthdays, the local and religious festivals? There are 3 levels of ritual: Daily, Weekly and Life Changing.
These elements exist whether you chose them consciously or not. There are no accidental cultures of excellence and meaningful community.
Resource: The Art of Manliness blog on Creating Family Culture:
“If I were running a company today, I would have one priority above all others: to acquire as many of the best people as I could.” Jim Collins
Business differ from families in 2 ways:
they can remove individuals and
they can hire pre-prepared individuals.
Jim Collins in Good to Great (my favourite business book of all time) tells us that it is all about people.
Last week in Washington I heard Dr. Evian Gordon ask “How many people does it take to ruin a team?” Answer? You already know…
One.
Verne Harnish told me that the important people question is “would I enthusiastically re-hire this person tomorrow?” If there is doubt, then you must act. Ken Blanchard told us how in 3 steps:
Establish explicit goals together
Publicly praise immediately when you see good behaviour
Individually reprimand immediately when you see poor behaviour (“you are great, this report is not worthy of you.”)
The country in which you live will have a major impact upon your implicit sense of what is right and what is wrong, the right way to behave and the right way to treat others. Geert Hofstede told us that there are 6 major areas of difference between national cultures: it is worth knowing these 6 and where your own country is on each of these 6 in order to appreciate yourself and those who come from other national cultures.
Your personal, family and business cultures were not built in a day, and cannot be changed in a day.
Changing for the better is not a project. It is what life is about.
The first step is to describe your personal culture. The next step is to create, jointly with your family members, a description of what family means to them.
Mediocrity is the easy path.
The smarter you are, the better your reasons for being mediocre.
An inspiring life requires hard thinking, hard discipline and hard patience. Do you have the patience? Do you have the discipline? Do you have the desire?
Better the poor man with dreams and desire, than the great man with no dreams and no desire.
“The significance of man is not in what he attains, but rather in what he longs to attain” Khalil Gibran, Sand and Foam
Will Smith (photo from Esquire)Reading an interview with Will Smith (he is deep and a keen observer of the human condition), I came across this statement from him:
“Put somebody on a treadmill and I’ll tell you how good they are at any other thing they do in life.” Will Smith
“Don’t let success go to your head and failure go to your heart”? Daphne Maxwell Reid, Aunt Viv on Fresh Prince.
Will shares his experience of failure:
“After Earth comes out, I get the box-office numbers on Monday and I was devastated for about twenty-four minutes, and then my phone rang and I found out my father had cancer. That put it in perspective—viciously. And I went right downstairs and got on the treadmill. And I was on the treadmill for about ninety minutes. And that Monday started the new phase of my life, a new concept: Only love is going to fill that hole. You can’t win enough, you can’t have enough money, you can’t succeed enough. There is not enough. The only thing that will ever satiate that existential thirst is love. And I just remember that day I made the shift from wanting to be a winner to wanting to have the most powerful, deep, and beautiful relationships I could possibly have.”
Will says that in his house they have this quote up on the wall:
“Only to the extent that we expose ourselves over and over to annihilation can that which is indestructible be found in us.” Pema Chödrön
Will summarises the meaning of these words for his family:
“We call it leaning into the sharp parts. Something hurts, lean in. You just lean into that point until it loses its power over you. There’s a certain amount of suffering that you have to be willing to sustain if you want to have a good life.”
168 hours in a week. 24 hours in a day. I haven’t done the math to work out how many in a year or a lifetime, but however large the number, it is still finite. It is limited. We get so much, and no more. This leaves you with a choice. My friend Verne Harnish is fond of saying “we can do anything we want, but not everything”. He is in great company:
“The difference between successful people and really successful people is that really successful people say no to almost everything.” Warren Buffett
“What you don’t do determines what you can do.” Tim Ferriss, author of the best-seller ‘The 4-Hour Workweek’
“Prioritization is as much about what we choose not to do as what we do.” Jonathan Becher, Chief Marketing Officer at SAP
Creating Your Not-To-Do List
My own notebook right now
You already have a to-do list (Come on, you are reading this blog… you must have a list somewhere in front of you?) It may not be enough. In my workshops I ask people to create a do more and do less page. Big sheet of paper, top of the left side write: “Do More” and top of the right side write: “Do Less”. What tends to go on “do less”? TV, facebook, attending meetings with no agenda. What tends to go on “do more”? Lots of great stuff. It is a powerful exercise.
Tim Ferriss argues that there are 9 habits we must eliminate to free up time for more important activities:
Do not answer phone calls from people you don’t know
Do not e-mail first thing in the morning or last thing at night
Do not agree to meetings or calls with no clear agenda or end time
Do not let people ramble: “Small talk takes up big time.”
Do not check email constantly
Do not over-communicate with low profit, high maintenance customers
Do not work more to fix being too busy
Do not carry a cellphone or Crackberry 24/7
Do not expect work to fill a void that non-work relationships and activities should
Mentors make a big difference in my life. There are 2 types of mentor: Active and Passive mentors.
Active mentors are those that you meet in person, interact with and get to know.
Passive mentors are those that you learn from without them knowing. Book authors are one of the top sources of Passive Mentoring.
My Top Passive Business Mentors
Here are my 7 most valuable Business Book recommendations:
What books would you recommend? Why?
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