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Instructor
Peter H. Christian
The use of this seal confirms that this activity has met HR Certification Institutes (HRCI) criteria for recertification credit pre-approval.
This activity has been approved for
1.25 HR
(General) recertification credit hours toward aPHR,
Everyone wants to be successful in business. But not everyone is. So why do so many people fail? The difference between success and failure is based upon choices that are made and the attitudes that are demonstrated by business owners, executives, and managers.
When the choices are horrible and their attitude borders on hostile, the results are downright ugly. When they make so-so choices and alternate between respectable and poor attitudes, the results can be meager, and problems regularly arise. But, when leaders make good choices and exhibit a great attitude, they are ultimately successful. They are good at what they do, and the results show.
Where do you and your company fall? Are you where you want to be? Or are you heading down the road to failure?
There are 3 main topics to discuss. These are categorized by:
The Good - things companies did to be successful. Included are Commitment, Trust, Relationships, and Agility
The Bad - Things that hurt the company but weren’t enough to shut them down. Included are Neglect, Change, Responsibility and Accountability, and Making Very Bad Decisions
The Ugly - Things that almost or did destroy the business. Included are.
Honesty, Correctness, Incentives, and Communication
So, what differentiates the good from the bad and the ugly. Well even though things are placed in these categories that does not mean that in and of themselves they are such. With the wrong decision and action, a good item could be Bad or Ugly. The same with those in the other categories. They were placed there based on my experiences.
In discussing each of these and the stories behind them, you will get an idea of what was done and what should of or could have been done. You will also find your own experiences you can relate to that you could use as examples. These are not unique to me. They happen to all of us. And the more we discuss them, the better we will be at avoiding them or making them have a positive outcome,
While the focus is primarily around business, there are personal applications as well. We encounter these areas almost every day in our lives. How we handle them determines if we have a pleasant or unpleasant experience. It is all up to us.
The failure rate of businesses is very high. More businesses fail than succeed. It is a mystery why, but by discussing these simple true-life stories you will see why. And it doesn’t have to happen. In fact, it really shouldn’t happen, but it does.
My goal is to help you alone, so it doesn’t happen to you.
There are many aspects to why businesses are successful or struggle and in doing so may ultimately fail. In dealing with over 300 companies through my consulting experience and career, I have seen both sides. I now want to share those experiences with you so that you will learn and realize that there is a fine line between being successful and not. It boils down to the choices we make and the actions we take.
By learning from the experiences, I have had, you will see why businesses were successful or not. You can then in turn make better choices and act more appropriately. We can always learn from others, so we do not repeat their mistakes. That is my hope for you. That you will learn and then make good choices.
We all want to be successful. The question is, “Will we do what it takes, to be so?” We all have the chance to do so. Yet not everyone is. As you hear about what others did or are doing, you will relate to your own experiences. These are not unique to a few. We see these things happen all of the time.
While this topic developed from business experience, the lessons learned apply to our everyday lives as well. The decisions we make and the actions we take determine how successful and enjoyable our lives will be.