No wonder management teams avoid the daunting challenge of fixing a troubled business. Better, and certainly easier, to not take ownership of the problem and to believe that the world has temporarily conspired against them
It’s 2022! Studies show that nearly all New Year’s resolutions fail before the end of March because, as the daily routines of life take over, the resolutions are forgotten. The same thing happens in business.
Mental filters on which we rely can be predictably productive or unproductive. Productive filters, such as positivity, can result in success and happiness. Unproductive filters, such as negativity, can result in failure, stress, anxiety and depression.
There is an obvious role for vision in business. But if you are a stakeholder of a troubled company, it is not grand vision that captures your imagination. Rather, it’s a tangible, open and honest plan to alleviate the fears and darkness of the present.