Wednesday, September 26, 2007

Comebacks

This morning while driving to work I heard an interesting piece on the radio. A tree that is over 2600 old and was believed to have been "dead" for over 30 years was sprouting new leaves since the past week. This tree was burnt in a wild-fire, was struck by lightning and was believed to be dead since then.

This got me thinking - as executives do we ever face such scenarios' - companies thought to be bankrupt come back stronger, executives serve a jail sentence and come back stronger. We read about this and leave it there. Have you ever sat and wondered what does it take to stage a come-back? Did Martha Stewart think differently to come-back after her prison term? How did IBM turn-around from the early 1990's? What did Apple Computers do to come where they are today compated to 15 years ago?

We need to think like winners in our mind. The recipe for success is very simple. Think long, think hard and execute flawlessly.

Any shortcuts to this makes it difficult or virtually impossible for you to stage a comeback and put you into various false starts. Once the cycle of false starts begins it takes a super-human effort to break that cycle. I see this everyday even for smaller issue-resolutions. Teams do not think long and hard and try to provide a solution to the customer, which fails, so another band-aid solution is provided which again fails and so on. Eventually, the customer is tired of us and we then begin our plot for the "comeback" or regaining our credibility.

The next time around, your team fails in something and you begin the turn-around, are you just going to put out the fire or are you going to analyze why you failed in the first place? Think about it !