Thursday, May 18, 2006

A Leader has Courage to Take Risks


In order to succeed, leaders need to have courage, because, by going down the road trying to achieve your objectives you also will experience fear. It is a natural feeling. Being courageous is not about lacking fear. It’s learning how to deal and to cope with it, but knowing that at the end you’re going to be okay.” If we would not experience fear we would not need to have courage in the first place. According to the Wikipedia definition Courage, is also known as fortitude, and is the ability to confront fear, pain,danger,uncertainty,or intimidation . It can be divided into "physical courage" -- in face of physical pain, hardship, and threat of death -- and "moral courage" -- in the face of shame , scandal, and discouragement.The root word of courage comes from the Latin , and means "heart". It is not surprising then that we find courage to be at the heart of all other traits in effective leaders. I define courage as the ability to drive projects and actions that are hard for us to perform. I truly believe, that one can achieve almost anything, provided that one has the right education, enough self- confidence, the will, the commitment, and ……………….the courage.

Monday, May 15, 2006

Innovation has become a corporate buzzword. But constantly talking about an idea is totally different from practicing it: One is about wishful thinking; the other, is about action. Innovators are doers, they act.
But how can a business organization achieve this goal? Well one way is to build a companywide culture of innovation. This strategy should require tangible steps like creating the right internal teams, setting up the right processes and procedures and rewards but also require intangible steps like giving employees room to be creative, and even more important is encouraging them to take risks and initiatives.
But at the end what counts is the perception that a costumer builds in his mind about the value of a firm goods or services. Innovation has to be good value. It’s not innovation at any price or cost.