Showing posts with label business. Show all posts
Showing posts with label business. Show all posts

Wednesday, October 29, 2008

Neohumility, the New Humility and How it Pairs with Leadership

"The condition of humility is not arrogant or prideful; it is down to earth, patient, compassionate, concerned and authentic in its sincerity" and "leaders with humility act with modesty and restraint" (Lawrence, 2006). I agree that it is a delicate balance between strength and humility without it coming across as weakness which is one of the negative connotations associated with humility. The followers who see the traid of humility as weakness and take advantage are not aware of the "gift" of humility that was bestowed upon them. Much like casting your pearl upon the swine as was written in the Bible. There is now a new term, "neohumility" that has been coined to reflect the "new humility" in leadership and business today. "Neohumility," is "humility without weakness and transformed to fit the business world" as it seeks to operationalize "neohumility and includes characteristics such as self-awareness, valuing others' opinions, willing to learn and change, sharing power, having the ability to hear the truth and admit mistakes," and works to create a "culture of openness where dissent is encouraged in an environment of mutual trust and respect" (Lawrence, 2006). Morris et al (2005) defines authentic humility as "neither self-abasement nor as overly positive self-regard" and he outlines three dimensions of humility: self-awareness, openness, and transcendence (Lawrence, 2006). "Pride is concerned with who is right. Humility is concerned with what is right" (Ezra Taft Benson, nd).
Reference:

Lawrence, P.G., (2006). Neohumility and Business Leadership: Do they belong together? Retrieved September 21, 2008 from http://cda.morris.umn.edu/~lawrenpg/leadership.pdf.

If we fail to plan, We plan to fail

I know we have all heard the phrase "if you fail to plan, you plan to fail". It just automatically comes to mind when thinking of business plans and failure. Learning from failure is probably some of the best learning because it brings "in your face" experience that we probably didn't want but will enrich our future decisions to know better next time. The four stages of the business life cycle includes introduction, growth, maturity, and decline. When maturity is hitting, this is the time to begin to re-strategize about renewing the vitality of the business so that failure is not the end result of decline. "According to Scott Clark of the Puget Sound Business Journal, the majority of the causes can be condensed into three "Ms" of business failure; Money, Management and Marketing" (Holland, 1998). Planning ahead in business and being prepared for failure is one of the best ways to avert it and if we can frame failure as an opportunity to learn then we can more confidently step out to take risks that have the potential for success.
Reference:
Holland, R. (1998). Planning against a business failure. Agricultural Development Center. October 1998. Retrieved October 6, 2008 from http://cpa.utk.edu/pdffiles/adc24.pdf