Learning points

March 15th, 2016 by Patricia Jehle Leave a reply »

What I have been learning these past few months:

I took a MOOC course with Stanford on-line recently called “Scaling up your Venture without Screwing up” and I found it very informative. I learned three main new ideas:

1) Business is a “ground war”

This means that, although vision and passion are great, every day hard work and persistence are key to business success. The daily chores of a business are not to be forgotten in the “ivory towers” of the CEO’s office, where dreams come true.

The vision and passion are what keeps the people going, but a ground war, where everyone is involved in the hard work of getting things going, keeping them going and moving towards scaling a business up, is what is the bread and butter of a company.

2) Pre-mortems are essential to change

Before one makes a change there should be a process of thinking ahead to the “what ifs”—What if t he scaling doesn’t succeed? What would/could happen to cause this? What else? And What more? Then what can be done to prevent these things from happening?

These questions can prevent failure and expensive re-inventing and re-tooling, etc.

3) Even the experts don’t know everything

Everyone, even the experts are learning and making mistakes—and then learning from their mistakes. Isn’t it a relief to know that it doesn’t matter that we make mistakes, as long as we learn from them, in the end. Not even pre-mortems can prevent all our mistakes from occurring. But we know, from history, that it is the getting back up, brushing yourself off and returning to that arena that makes you and your company a success.

What have you been learning lately?

Patricia Jehle

www.jehle-coaching.com   If you would like, you are invited to join my LinkedIn group: SMEs Grow Together

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