Trium LogoThe Ripple Effect

A Strategy & Leadership Thought-Starter from Trium

Sept. 2010

In This Issue

Learnings From A Big Fall

11 Ways to Build Your Power

Books We're Recommending

More Trium Headlines

About Us & The Ripple Effect

 

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Learnings From A Big Fall

by Andrew Blum, Trium Managing Partner 

 

Andrew Blum photoIn business, as in life, there are big falls. And if you're lucky, they change you. Sometimes a little, sometimes a lot.

 

You need look no further than "The Great Recession" for an all-too-recent example--while the trauma is mostly behind us, the reality is still upon us. And the effects will very likely be long-lasting.

 

On the personal side, I experienced my own big fall this year--literally: While helicopter skiing in Alaska, I fell about 500 feet down a particularly steep slope. I suffered a pretty severe tibia-fibia break, but consider myself very fortunate to have escaped much more serious injury.

 

What does this have to do with Trium and issues related to strategy and leadership? Nothing. Except there are always parallels between leading a life and leading a business. So with this introduction, here are three lessons from my big fall that could be applicable in your business:

 

· Settle in to the reality of the circumstance. After the multiple medevacs and surgeries, I found myself faced with at least six weeks of zero mobility and a long, painful period of recovery and physical therapy. For a classic "Type A," this new reality was something I strongly resisted. Of course, the resistance was futile--my leg was broken, and the denial did me no good. Once I begrudgingly settled in and accepted the reality of the circumstance, the remarkable thing is that I began to see new opportunities. Thinking about these opportunities helped put my mind at ease, in addition to providing new personal and professional inspirations.

 

How this relates to you: In the context of our work, I often notice there is an extended period of resistance, denial, or upset when a client is affected by a major hit to its stock price, a downsizing, or the challenges of a restructuring. The natural, emotional reaction often triggers people and teams to pull in and focus on the trauma at the exclusion of everything else--often causing productivity to halt and the negative effects of the event to amplify and persist longer than necessary. The sooner you, as a leader, can empathetically and effectively move the organization from reaction to acceptance, the sooner some level of productivity will resume. And with that productivity and the results that inevitably follow, morale almost always improves.

 

Read More>

 

 

11 Ways to Build Your Power

 

Jeff Pfeffer photoKnowledge and performance will only get you so far.

 

Eventually, you're likely to find that your responsibilities far exceed your line authority, and the only way to deliver results is by compelling people who don't report into you to support you and your priorities. In other words, you need them to work for you even when they don't work for you.

 

Dr. Jeff Pfeffer, a Trium Academic Partner and the Thomas D. Dee II Professor of Organizational Behavior at Stanford University's Graduate School of Business, says the key to success in such instances is power: you need to develop power meticulously and wield it prudently to advance your priorities.

 

In his new book published by Harper Collins, Power: Why Some People Have It and Others Don't, Jeff scrutinizes power and asserts that there are 11 discrete, tangible ways an executive can build and exercise power within an organization. He goes deep on each with aim to bring them to life and ultimately arm you with practical ideas for how to be more powerful.

 

To be sure, we don't advocate all of the approaches Jeff examines (nor does he)--some feel very right any way you look at them; others, while effective power generators when viewed dispassionately or in isolation, are simply too self-serving or zero-sum for our tastes--but you should obviously decide for yourself.

Here are three of his 11 power plays to whet your appetite:

 

1. Make the first move. "A surprise move can catch opponents off guard and secure victory before they even know what's happening," Jeff says. This notion of a First-Mover Advantage is nothing new, but what is more novel is his examination of its power when applied inside an organization. He suggests leaders consistently scan the horizon and be ready to act before internal rivals and doubters have time to challenge you. Not only will this approach lead to immediate wins, but the resulting cumulative track record of victories will only make you more formidable over time.

 

Read More> 

 

Invitation: Trium is hosting a "Roundtable" conversation and cocktail event with Jeff on Thursday, October 7, from 4:30-7pm, at our San Francisco office. The aim: to discuss practical strategies and tactics for exercising power in your world. We invite you to be a part of the conversation. To reserve a space or get more information, click here.

 

 

Books We're Recommending

 

Rework coverWe're always looking for good reads that can further our thinking and help us advance our craft, and ultimately help our client organizations thrive.

 

Here are a few books we've been recommending lately:

 

· Rework by Jason Fried and David Heinemeier Hansson. Written by the cult-hero leaders of 37signals, a highly successful open source web application company now starting to generate attention well beyond the tech world, this is a quick read that's rich with practical strategy and execution guidance for every executive operating with limited resources. The authors build off the premise that you need to think you can do just about anything with less, and then just do it--by advancing "good enough" over perfect, not wasting time to satisfy customers who are growing out of your service, and making managers work the front-lines so they're able to more efficiently make the right customer-concentric decisions.

 

· Success Built to Last: Creating a Life That Matters by Jerry Porras, Stewart Emery, and Mark Thompson. Combining quantitative surveys and interviews with hundreds of successful "builders" including Nelson Mandela, Richard Branson, and Jack Welch, this book uses inspiring individuals' journeys to inspire the rest of us. To be sure, we're biased in favor of friend and co-author Emery, but the book's macro-level takeaway stands entirely on its own: sustained performance and results come from honest thought, genuine passion, a mindset of responsibility, and real action.

 

· Open Leadership: How Social Technology Can Transform the Way You Lead by Charlene Li. Written by a former Monitor consultant turned social media and technology guru, Li argues that social media and their inherent openness are representative of a broader societal shift towards more openness... and that leaders need to adjust accordingly--by giving up controlling ways and instead achieving end goals by inspiring their people to deliver. So while we don't plan to start tweeting tomorrow, we do think the author is spot-on in pushing a mindset of openness. We also appreciate her presentation of different organizational models for openness depending on the type of organization.

 

 

By the way, if you've recently come across or thought about a book that's had a profound impact on you, please let us know. 

 

 

 

More Trium Headlines

 

The Trium Group Makes Integration Tangible for Global Auto Parts Manufacturer

 

Trium's Andrew Blum Featured by Leadership Excellence Magazine for Making Strategy Personal

 

About Us & The Ripple Effect

 

TopDesignThe Trium Group is an elite strategy consultancy that helps leaders align, equip, and mobilize their organizations to solve complex business problems and execute multi-dimensional strategies. We work at the intersection of strategy, leadership, and culture--in areas like corporate transformation and restructuring, post-merger integration, and leadership-driven change management. Trium's clients span a broad range of industries and geographies.

 

We welcome the opportunity to be your thought-partner or sounding board.

 

We call this newsletter The Ripple Effect because our logo features a single pebble causing ripples of water in a pond. The pebble is symbolic of how a single, well-executed action can have a very significant impact. The ripples also remind us of the collateral effects of every business action--effects we strive to proactively create in collaborating with our clients to develop and execute strategic agendas for purpose-driven change and improved business performance.

 

 

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