What's Hot

    Things to do in Las Vegas for the outdoorsy person

    March 27, 2023

    How to Get Rid of TransWorld Systems

    March 14, 2023

    The Best Trampolines of 2023

    March 14, 2023
    Facebook Twitter Instagram
    Facebook Twitter Instagram
    News FinancialNews Financial
    Subscribe
    • Home
    • News
    • Economics News
    • Markets

      Amazon’s Whole Foods Deal Will Hit Costco

      March 1, 2023

      Nio and Li Auto Stock

      February 18, 2023

      Sema4 Holdings Stock

      February 17, 2023

      Terra Luna , LUNA Stocktwits

      February 16, 2023

      Zion Oil & Gas stock share

      February 14, 2023
    • Funds
      1. Stocks
      2. Investments
      3. View All

      How to Buy Google Stock in 2023

      March 6, 2023

      Best Skin Tag Removal in 2023 

      March 2, 2023

      B. Riley Principal 150 Merger ,BRPM Stock

      February 18, 2023

      Semrush ,Semr Stock news

      February 18, 2023

      How to Remove LJ Ross Associates

      March 6, 2023

      Carrie Jernigan donating shoes to needy ones

      March 6, 2023

      Titan Reviews : Invest , pros and cons

      February 17, 2023

      How Much Social Security Checks Are Increasing in 2023

      February 14, 2023

      The Best Vanguard Mutual Funds Active

      February 17, 2023

      Turbobaster Update | Shark Tank Season 1

      December 14, 2022

      Contribution Margin: Definition, Overview, and How To Calculate

      December 14, 2022

      What Is Residual Income?

      December 13, 2022
    • Crypto News
    • Tech
    News FinancialNews Financial
    Home » The risk of resting on your laurels
    Markets

    The risk of resting on your laurels

    Glen MaxBy Glen MaxNovember 30, 2022Updated:December 5, 2022No Comments3 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    resting on your laurels
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The expression ‘Resting at your laurels’ goes to the beginning of Greek and Roman practices where the victorious Olympians and generals were adorned with crowns composed from laurel wreaths, which were symbols of triumph, success and the status.

    After winning a battle winning a battle, an Roman general might continue to spend the rest of their lives savoring their victories of the past, and basking in the glory days of their past.

    “Laureate” is an eminent title in the present and the winners who have won this Nobel Prize being referred to as Nobel Laureates.

    The past achievements and achievements are great to be proud of and learn from. However they could impede advancement, according to John Kotter in his seminal research in Change Initiatives (Leading Change HBS Press, 1996). Kotter describes it as one of the biggest mistakes businesses make, and is the beginning of a set of challenges that must be overcome in order to create an effective change program:

    Overcome the resistance caused by inertia caused by complacency.

    Inertia refers to the lack of motion, or a desire to not do anything or be static. When I use the term “real movement’, I mean the activity that has the effect of perpetuating what already exists, or the status the status quo. This could include preserving the existing standards market share, market share or even turnover.

    Kotter mentions that the presence of the company (profile and the assets that are there, such as automobiles, property, and history) can lead us to the illusion of security, a feeling like the organization (and the future of us within it) is invincible. This particular set of assets makes it harder to instill a sense urgency that can motivate people to take action and be supportive of our initiatives to make change.

    Another outstanding creator Jim Collins (Good to Great Collins 2001). Collins 2001) exposes the issue with his main phrase:

    Good is not the same as great.

    It is easy to get caught up in the mistake to believe that “We are quite good at what we do,” or “This company is good.” The enemy of good is of great , because somewhere there, there’s a competitor with an itch in their stomach and isn’t content with being good. They are looking for excellence, or great. They could be working harder, innovating more effectively, and also looking into the future. They might be investing more money in R&D or their workforce or simply making the standard higher than what your company currently is. It’s obvious where this tale is headed . . .

    Here’s one of Kotter’s models that are based on his extensive studies of the causes of change, and it illustrates the many reasons for us to resting on your laurels.

    If you’re looking for your change program to succeed (it could be quite weird for you to fail) then you’ll have to tackle the nine issues for you to be able to get some momentum and momentum.

    To help you increase the momentum and sustain your initiative to change I’d like to suggest you to purchase (and go through) Kotter’s book or schedule an leading change training session for your company.

    laurels resistance caused by inertia resting on your laurels
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleHow To Become Your Own Boss
    Next Article 10 Ways to Deliver Consistently Great Customer Service
    Glen Max

    Related Posts

    Amazon’s Whole Foods Deal Will Hit Costco

    March 1, 2023

    Nio and Li Auto Stock

    February 18, 2023

    Sema4 Holdings Stock

    February 17, 2023
    Add A Comment

    Leave A Reply Cancel Reply

    Top Posts

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Advertisement
    Demo

    NewsFinancial.info is an online News Provider. Read lates Financial and business News.
    Contact Us- newsfinancial@yahoo.com

    Facebook Twitter Instagram Pinterest YouTube
    Top Insights
    Get Informed

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2023 Newsfinancial.info. Designed by Digitalsxpert Service Pvt. Ltd.
    • Home
    • Privacy Policy
    • Get In Touch
    • Our Authors

    Type above and press Enter to search. Press Esc to cancel.