ChangeThis

ChangeThis is our weekly series of essays, extended book excerpts, and original articles from authors, experts, and leaders.

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"On a dark night at the front in the year 170 Marcus Aurelius, the most powerful man in the world, wrote the following prescription to himself: 'The impediment to action advances action. What stands in the way becomes the way.' Great individuals, like great companies, find a way to transform weakness into strength. It's a rather amazing and even touching feat. They took what should have held them back—what in fact might be holding you back right this very second—and used it to move forward. Like these great individuals we can also flip our obstacles and turn adversity into advantage."
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"Solving a difficult technical challenge requires imagination, focus, endurance, and a tolerance for failure, to name but a few key ingredients. However, the real secret behind delivering world-class innovation actually depends on what we lack rather than what we have. [...] In fact, the pattern of rapid, thrifty innovation shows up across a large range of technical contexts and genres. Whether we are talking about submarines or software, medical or military technology, the most impactful and successful innovations tend to be produced by small teams with short schedules, tight budgets, and strong commitments to simplicity."
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"Having fun and feeling satisfied with relationships at work are important! For many of us, the hours we spend at work far exceed the time we spend with our families or in social settings. So why not actually enjoy this massive part of our lives? Working respectfully is not a win/lose power struggle. Nor is it 'soft' to have a conversation about how you work together. When you cultivate winning relationships, everyone involved can benefit—especially you."
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"The inability to effectively navigate strategy challenges can have devastating long-term effects on an organization. ... While it's convenient to blame an organization's failings on external factors such as the economy, decisions about strategy account for failure a whopping 70 percent of the time. Yes, strategy does matter. When poor decisions about strategy are made and an organization goes through a revenue stall, it's been shown that, on average, low performance continues for more than 10 years. Unfortunately, this prolonged period of poor performance can lead to bankruptcy. Research on 750 bankruptcies during a 25-year period showed that the number-one factor behind these bankruptcies was bad strategy. Contrary to popular opinion, the researchers attributed the failures to flaws in the strategies themselves, not to poor execution of the strategies. Therefore, it's important to be skilled at crafting strategy."
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