Brian is one of America’s leading
authorities on the development of the human potential. He is the
best selling author of 23 books, has trained 2 million people in
23 countries and his clients include IBM, Verizon Wireless, Bank
of America and thousands of people just like you.
Practice Crisis Anticipation.
Look ahead as far as you can and ask, “What could possibly change or
go wrong that would threaten your survival?”
Think About The Worst Possible Event. For example,
what would you do if interest rates doubled, as they have done
in the past? What if your best-selling product, or service,
suddenly stopped selling, as often happens in high-tech
industries in times of
rapid change. What if a
key executive died unexpectedly or your offices with all your
records were destroyed by fire? What if you lost your key
customer or major source of revenues? These and other questions
can only be asked and considered by
the leader, the person ultimately charged with
responsibility for results. The failure to think
through possible crises in advance can open you and others to
fear, panic and confusion if something goes wrong.
Plan For A Crisis. The Greek philosopher Epictetus
said, “Circumstances do not make the man; they merely reveal him
to himself.” A crisis is the genuine test of
effectiveness in a
leader. You can greatly improve your
abilities to function in a crisis situation by thinking it
through in advance and by developing contingency plans – just in
12 Major Causes of
Failure in Leadership
Determine What Can Go Wrong.
This technique is called the “master method” of
It involves asking, “What is the worst possible thing that can go
wrong in this situation?” Once you’ve asked the questions, you must
decide whether or not you can live with those consequences. For
example, in an investment, or
new product introduction, or new
promotion, the worst possible outcome may be that you will lose
every penny. Can you live with that? Can the company survive? There
are many different types of decisions and one of them is the
decision you cannot afford to make. Most big failures result because
someone made a commitment of resources without carefully considering
the worst possible outcome.
Turning Problems Into Opportunities:
Make a list of the three worst things
that could happen to your business or your department. Then develop
develop a strategy to deal with these situations if they occur.
Practice “crisis anticipation” in each
key area of your life. Look into the future and imagine a major
setback. What would you do if they happened?
12 Major Causes of
Entrepreneurial Leader: 4