We often personalize our points of view or our ideas and there are people around us that want to aggressively poke at us.
Most people listen to win the interaction, not to hear the content.
A common trait in many executives at every level inside companies and, you know, in the population is just talking too much. And, you know, we get excited about whatever the content is that we have to deliver to whoever’s in front of us and we just start talking about it. And it becomes a monologue. And if it’s not a monologue then what it comes is "I want to win the interaction with you. I want to prove that I’m right and anything you say to me I’m just gonna pick on that and you’re wrong."
I think experimentation is a really important part of the lifecycle of a company both strategically and from an innovative point of view.
When there is a new idea that’s brewing out there, you don't need to jump on the bandwagon. You really only need to sort of go in ankle deep. Ankle deep is experimenting. I think the best things that people do and the best ideas come out of experimentation. So you don’t have to go all in. You can experiment.
The challenge for companies and for people is to get focused, ruthlessly focused. And part of doing that is the pruning and deselecting moldy ideas.
As human beings we like to collect things. Companies like to collect things also - people, products, business models. And we really struggle with letting go. So, for example, companies struggle with divestiture. They like to buy stuff, they like to hire people, but they really struggle with letting people go or divesting things.
Stephen Miles is the founder and chief executive officer of The Miles Group. Previously, he was a vice chairman at Heidrick & Struggles and ran Leadership Advisory Services. With more than 15 years of experience in assessment, executive coaching, top-level succession planning, organizational effectiveness and strategy consulting, Stephen specializes in CEO succession and has partnered with numerous boards of global Fortune 500 companies to ensure that a successful leadership selection and transition occurs. He has also led many chairman successions and board effectiveness reviews, partnering with boards of directors to help them with their overall effectiveness, committee effectiveness and individual director effectiveness.Stephen is a recognized expert on the role of the chief operating officer, and has consulted numerous companies on the establishment and the effectiveness of the position and supporting the transition from COO to effective CEO. He is a coach to many CEOs and COOs around the world, and his clients cut across all industry sectors.Stephen and his CEO advisory services were profiled in the Bloomberg Businessweek article “ The Rising Star of CEO Consulting." Prior to The Miles Group and Heidrick & Struggles, Stephen held various positions at Andersen Consulting.