Can you envision the "potential"?

The following is the original and the rewrite can be found by clicking here.

After spending an hour and a half wandering a property we are thinking of acquiring for the family, I looked at my uncle Tom and asked him what he thought - His response was simply, "It has potential."  As we looked at the thirty-six acre parcel of land (with a steam and a pond), we were not looking at it for what it is today, but rather what it could become in the future. 

A while ago, a former colleague commented on how one of my past hires was becoming very successful; in the same breath, he admitted he didn't understand why I had hired her and didn't think much of her capability at the time - Like my uncle, I said, "She showed great potential".

Potential* by its very definition speaks to the future, but its importance lies in the present; consideration and understanding of "what is" and how it is aligned with your vision, goals and dreams for the future - "Does someone currently have the potential to help build to our common long term goals?" Or even more importantly, "Do I currently have the potential to achieve that vision I've set for myself?"

Potential is a key measure to ensure and validate you are aligned with your vision and longer term goals... there is a cold reality that comes with envisioning yourself as a profession hockey player but not having any ability to skate or any understanding of the game. When hiring someone, ensuring that the person has the ability to be successful in the role is important, but for me, their ability to be bigger than the role is crucial - I have always hired with the next role in mind - Potential is the great motivator, as it cultivates for the future. 

It should be remembered that potential represents the future and does not necessarily reflect current capability (which, over the years I have seen confused and inevitably leads to great disappointment); it is important to remember that potential needs to be developed, fostered and given an environment to flourish.

Potential is of course situational and contextual, but there are some core fundamentals that seem to be common to those who make the most of what they have: 

  • Confidence in their ability and willingness to take on challenges.
  • Strong work ethic, with a desire to go the "extra mile".
  • Work in an environment that fosters potential, with leaders who manage to bring out the best in their people.
  • Have a vision and the tenacity to go after it.
  • The desire to achieve their potential.
  • An understanding that potential can be developed and comes with constant learning.

As I look back on my uncle's comment and our vision for a property and sanctuary that can be used in the years to come, he is right - It does have Potential.

Now it's just a mater of realizing it.

gpe

* Potential is defined as latent qualities or abilities that may be developed and lead to future success or usefulness.

"... expose ourselves to the winds of change."

Recently I was skimming a number of Andy Grove* quotes from his book "Only the Paranoid Survive" and kept coming back to this quote:

“The person who is the star of a previous era is often the last one to adapt to change, the last one to yield to logic of a strategic inflection point** and tends to fall harder than most.” 

(My interpretation - Do not assume that what has made you a star in the past will make you one in the future... because it may not - Forever search out how to do things differently and change with ever evolving situations.)

I also liked this quote:

“As we throw ourselves into raw actions, our senses and instincts will rapidly be honed again”

(My Interpretation -  Just put yourself out there in new situations and do it - you will quickly start making things happen and will get better as you go.)

And this:

“The ability to recognize that the winds have shifted and to take appropriate action before you wreck your boat is crucial to the future of an enterprise”

(My interpretation - Be aware of what is going on around you, be curious and don't dismiss the facts until it's too late to do anything.)

And this one:   

“Admitting that you need to learn something new is always difficult. It is even harder if you are a senior manager who is accustomed to the automatic deference which people accord you owing to your position. But if you don’t fight it, that very deference may become a wall that isolates you from learning new things. It all takes self-discipline.”

(My interpretation - Pride and Arrogance will prevent you from learning, growing and continuing your success.)

There was this one too:

“Strategic change doesn't just start at the top. It starts with your calendar”

(My interpretation - Stop talking about change, write it down and do something.)

And finally this one: 

“The Lesson is, we all need to expose ourselves to the winds of change”

(No interpretation)

gpe

Andrew Stephen "Andy" Grove (born András István Gróf, 2 September 1936) is a Hungarian-born American businessman, engineer, and author. He is a science pioneer in the semiconductor industry. He escaped from Communist-controlled Hungary at the age of 20 and moved to the United States where he finished his education. He later became CEO of Intel and helped transform the company into the world's largest manufacturer of semiconductors.

As a result of his work at Intel, and from his books and professional articles, Grove had a considerable influence on the management of modern electronics manufacturing industries worldwide. He has been called the "guy who drove the growth phase" of Silicon Valley. Steve Jobs, when he was considering returning to be Apple's CEO, called Grove, who was someone he "idolized," for his personal advice. One source notes that by his accomplishments at Intel alone, he "merits a place alongside the great business leaders of the 20th century. (Wikipedia)

** A strategic inflection point can be defined as the time of transition of company's (or person's) competitive position that requires the company (or person) to change its (their) current path and adapt to the new situation, or risk declining profits (well being).

Self imposed change... something to encourage yourself to do.

Sometimes you just need some self imposed change... and I am not referring to taking a different route to work or having a strawberry shake instead of your usual chocolate; something more substantial:

  • Sell your house and live somewhere new.
  • Get an MBA to elevate your prospects.
  • Take the package and explore new career paths.
  • Take that job in another country.
  • Buy a standard, even though you've only ever driven automatic. 

Ok, maybe switching to standard is not so substantial, but don't underestimate how tricky it can be in the beginning. My point here is that deliberately initiating change, the bigger the better, is important for growth, well-being and exploring this adventure we call life.

Let's take me for example... I am selling my house and moving. Although circumstances allow me to sell, I don't have to, and I'm not exactly sure where I would move to; still there is a sign out front. Here is my thinking, and I believe it is applicable to other substantial change events... in both a literal and figurative way.

  • I will literally change my perspective of the world. I will move from a place where I looked at the world a certain way to where my perspectives and views will be totally different. I will literally see the world a "different" way..
  • In dealing with the "different", I will learn new skills or at the very least sharpen my existing skills. As an extension of this, I will also break or at least challenge old habits.
  • My ability to ADAPT will be challenged and strengthened. I believe adaptability is a skill we all need to develop for our ensured success.
  • It will strengthen my planning, organization and execution skills. I rarely use the word "hate", but when it comes to moving I will say, " I hate moving... immensely! And with said, I will ensure I do this move as efficiently as possible, with as few issues as possible.
  • It will be an adventure; I will find myself doing things I haven't done before to complete the move and once I'm settled, it will all be new!.

There is also one more thing and maybe the most important which is with self imposed change, you are in control (well at least the illusion of control)..but there will be times when big change is thrust upon you, and you are not in control (be it an illusion or not).

Self imposed change lets you practice for those times when opposed change come your way. And make no mistake, it will. 

Wish me luck with my move,

gpe