Comments on: Leadership Myth: But My Business Is Different https://www.n2growth.com/but-my-business-is-different/ We Find & Develop The World's Best Leaders Mon, 20 Sep 2021 03:01:15 +0000 hourly 1 https://wordpress.org/?v=6.7.1 By: hiep https://www.n2growth.com/but-my-business-is-different/#comment-7166 Mon, 03 Jun 2013 17:57:00 +0000 https://www.n2growth.com/?p=144#comment-7166 hi jim
I’ve always found it interesting that the number of
blind-spots which exist in an organization seems to be proportional to
the extent to which hubris overwhelms humility. Something we should all
think about. Thanks Jim.
http://www.elines.vn/ve-may-bay-di-ha-noi.aspx

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By: Steven https://www.n2growth.com/but-my-business-is-different/#comment-7164 Mon, 21 Nov 2011 11:35:00 +0000 https://www.n2growth.com/?p=144#comment-7164 Great article, Mike.

There can definitely be some degree of denial involved with business leadership – like you say, either they’ll hide behind the excuse that they’re “different” or they’ll think that they have to be this all-seeing, all-knowing entity. It’s sad, because ironically, this type of thinking is restrictive rather than smart.

The business leader that realises that he/she is only human, can only know so much and that all businesses – although different – follow similar patterns and processes is the business leader who thrives.

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By: John Howard Hatfield https://www.n2growth.com/but-my-business-is-different/#comment-7163 Tue, 15 Nov 2011 16:38:00 +0000 https://www.n2growth.com/?p=144#comment-7163 During my career in manufacturing, I worked as a turn-around
agent with several businesses and during the interview process I always heard a
similar line like you reference above: “We are different and you don’t have any
specific industry experience. It will take too long to come up to speed.”

 

My argument always was that that industry specific knowledge
is what probably moved them toward the edge of oblivion in the first place and
what they needed was experience and knowledge in good business practices and
that was exactly what I offered. My specialty being materials management has
the same basic principles that cross every industry lines; bar none. I will
grant you that there are specific uniquenesses about every industry and each
business but strong principles cross those lines and are applicable in every
organization out there.

 

Often a hard sell to those that hold this belief and the
objection to budge off this belief can be very harmful. The closed mind is a
hard nut to crack, especially in a strong and smart individual that isn’t open
to change or the realities of his organization.

 

Howard

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By: Components of a BI Strategy! https://www.n2growth.com/but-my-business-is-different/#comment-7162 Mon, 14 Nov 2011 22:34:42 +0000 https://www.n2growth.com/?p=144#comment-7162 […] Strategy need to be customized to that uniqueness. But as Mike Myatt discusses in his article, your business is not as unique as you may think. So which is it? Do you need a unique BI Strategy that reflects your business uniqueness or do you […]

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By: Mike Myatt https://www.n2growth.com/but-my-business-is-different/#comment-7161 Fri, 11 Nov 2011 15:03:00 +0000 https://www.n2growth.com/?p=144#comment-7161 In reply to James Strock.

Great thoughts Jim. There is a difference between confidence and arrogance. I’ve always found it interesting that the number of blind-spots which exist in an organization seems to be proportional to the extent to which hubris overwhelms humility. Something we should all think about. Thanks Jim. 

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By: Mike Myatt https://www.n2growth.com/but-my-business-is-different/#comment-7160 Fri, 11 Nov 2011 14:58:00 +0000 https://www.n2growth.com/?p=144#comment-7160 In reply to Greg Waddell.

Hi Greg:

Non-profits, especially faith based organizations often seem to fall into the trap you described. What they need to realize is paying attention the business side of the equation is what allows the cause to be advanced. I have watched many a great organization struggle due to being dismissive about the value of sound business practice. Both the business and the cause can and should coexist for mutual benefit. Great observations Greg. Thanks for sharing. 

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By: Mike Myatt https://www.n2growth.com/but-my-business-is-different/#comment-7159 Fri, 11 Nov 2011 14:53:00 +0000 https://www.n2growth.com/?p=144#comment-7159 In reply to Jameseckvahl.

Hi James:

Thanks for your comments. Following are a few thoughts for your consideration. The time when you felt you had no competition was a time of delusion – you always had it, things were going well and you just chose to ignore it. Markets change and so must business models, strategies, and tactics. In most situations the economy doesn’t impact sales, but a company’s lack of adaptive behavior does. I know my comments might seem harsh, but they’re intended to help you see things from a different perspective and change how you’re presently approaching your market. Best wishes James. 

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By: Jameseckvahl https://www.n2growth.com/but-my-business-is-different/#comment-7158 Fri, 11 Nov 2011 05:52:00 +0000 https://www.n2growth.com/?p=144#comment-7158 There was a time when I felt that my company was situated in the market so I had no direct competition.  With the changes that have occured in the economic climate now we have to compete with the limitations our customers have regarding spending.  Our product is more of a luxury than neccesity and sales slowed as the market tightened their belts. 

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By: Greg Waddell https://www.n2growth.com/but-my-business-is-different/#comment-7157 Fri, 11 Nov 2011 02:27:00 +0000 https://www.n2growth.com/?p=144#comment-7157 Mike: All I can say is “Amen!” I like that you included “for profit or not.” I have been amazed at how many faith-based organizations think that somehow their spiritual foundation makes them exempt to fundamental organizational principles. It’s astonishing how difficult it is to get people to realize that the nobility of our purpose does not exempt us from the hard facts of business logic no more than the people of Israel could have build the first temple without many years of toil and skilled mathematical calculation. I run into the same attitudes you’re talking about, but mostly in the not-for-profit realm. Thanks again for your challenging thoughts.

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