Showing posts with label mistake. Show all posts
Showing posts with label mistake. Show all posts

Tuesday, June 22, 2010

One question every person in charge should ask

US CapitolThere is not much of a silver lining to the Gulf oil spill, but people in charge – whether entrepreneurs, executives or longtime business owners – can garner valuable wisdom from one of the many mistakes that made the disaster more likely.

Potentially, busy with the severe recession, the financial sector bailout and the fight for a national health care plan, the Obama administration missed at least one ball it should have been keeping in the air: effective regulation of the oil industry in general and of deep-water drilling in particular.

The potent lesson for those of us in charge? There's a question we should ask ourselves often, and that we should grant ourselves the mental space and creative license to answer: What am I missing?

It's natural and tempting to get on a track and follow it, or to create a plan and execute it without taking the time and energy to step to the side and take stock - frequently. Are you missing opportunities? Not alert to certain dangers? Letting issues, people, money, or projects slide while you deal with everyday urgencies and tempests in a teapot?

It's true that people in charge have many of their best ideas while driving, showering or taking a vacation. Extend that freedom of mind into your everyday routine. Assign or put aside routine tasks to facilitate your own creative thinking. Read a business book on a new topic. Ask yourself if there's anything on your mind that you're not dealing with (it's often right there below the surface). Access your right brain.

What am I missing? I'm glad I asked myself. I'll ask again. And again.