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ADMIT YOUR MISTAKES. You’ll remember that at the core of Diminisher logic is the belief that people aren’t going to figure it out without me. Nothing fuels this cycle like the unrepentant mistake. When an employee makes a mistake and hides their misdeeds, it leaves the manager to question both their capability and their judgment and to assume the mistake will be repeated. This can place the manager on a trajectory to be overly prescriptive or to intervene at the first hint of an error.
Again, I resigned myself to the fact that my new approach to leadership wasn’t working. It was too hard, and if the chiefs didn’t get it, how could we be successful? I considered going back to barking orders and demanding rigid compliance. Upon reflection, that wasn’t the leader I wanted to be, and I was convinced that my original course was right: giving people authority, paired with responsibility and the tools to do the job, would pay off in the end. I resisted this urge and decided we had to stay the course.
Turn the Ship Around!
L. David Marquet and Stephen R. Covey
Almost every transaction involves some additional economic output being produced. Wallet growth can be thought of as an increase in “working population” of the country. And TVL increase reflects growth of financial sector in the economy.
Many People Try to Value...
@RealNatashaChe on Twitter
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