LNB #004: Change or Die!
One out of nine. Producing breakthrough results in our businesses takes breakthrough thinking -- "re-framing". Like him or not, Bill Clinton's 1992 presidential bid was a very successful example of "framing." Clinton, keen to keep his focus on his campaign's core message "the economy," created the mantra "its the economy, stupid" to keep himself on point. Every question asked of him in every interview was filtered through the frame "the economy." Education? The economy. Farming? The economy. To "change" a habit is, essentially, the work of creating a new one. To do so, we "simply" decide on another result, determine the actions necessary to achieve them and then commit to taking those actions over and over again until that new habit locks itself in. This can take several months to become fully "habituated" and, without support, its easy to fall back into old habits. This isn't a sign of weakness: its simple neurochemistry. The brain just needs to be re-tuned to different actions and different results. Seek support to create sustained change. Coaching and masterminding are excellent tools that provide you with other ways to view common business practices and produce uncommon results. If you're interested in seeing how Total Team Solutions can help you re-frame, re-think and produce uncommon results, contacts us to schedule an Complimentary Business Evaluation Session. Read Fast Company's article: Change or Die If you're interested in ordering Fast Company, click the image, left, for one of the savviest business magazines on the block!
That's the figure quoted in a recent Fast Company magazine article. It described the ratio of people who actually make life-saving changes when told to do so by medical personnel -- the kind of "if you don't stop
Why?
We've even been told that we're hard-wired -- that, as we age, we get more rigid in our thinking making it harder to change. Studies now show that the human brain maintains its "plasticity" -- its ability to take on new challenges and expand its learning -- long into old age. We can even reverse many memory-related deficiencies if we stay intellectually stimulated.
"Change must be small and incremental," some say. When taken into the field of health, one study showed that those participants who were required to make broad, sweeping health changes fared better than another group required only to take one pill a day. After one year, two-thirds of that group had stopped taking their blood pressure control medication altogether while most of the former group (whose health habits were, essentially "nuked") were able to maintain those changes after over 3 years.
Taken into the realm of business, we know that the 5-year success rate of new firms is pretty dismal, hovering at around 15%. Essentially, one out of nine. We also know that having no written plan describing what people want, what we'll do to meet that want, how we'll find those prospects, what we'll charge, how we'll market to them and deliver the product (at the top of the list), and dealing with required resources (money, staff, time) we'll fail. No surprise here. What is surprising is that, knowing all this, businesses continue to fail at that some frightening rate. What's missing?
Like those heart patients, crisis, fear and the cold, hard facts aren't what it takes to motivate us to make the changes we need to make to keep our businesses alive. What does turn the tide is
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