Hard to believe that another week has zoomed by without having time to post something. Luckily, things slow down before a long weekend, and I have time to finally post a few thoughts that have been rattling around my brain this week.
A lot of my thinking about business lately has been colored by what is going on in the political arena. No surprise that politics are dominating the news as we are in the middle of the national conventions. But, there are some lessons to be learned that also apply to business.
I remain mystified by the Hillary Clinton supporters who feel so wronged that they would rather vote for John McCain than Barack Obama. I've seen varying reports on the real number of Hillary's backers in this camp, but the whole concept doesn't make sense to me. If you liked Hillary's positions, you can't be too disappointed with Barack Obama's positions. They are almost the same, and much different than McCain's.
I thought that Hillary should hang in there until she was really elminated from contention. Anyone getting that close would do the same. And, perhaps the media didn't treat Hillary fairly because she's a woman (as well as being Bill's wife). No one said that running for office was for the faint of heart or for someone with thin skin. In the end, Hillary capitulated. And, I thought her speach at the Convention was quite good. She has little choice but to be a good soldier going forward.
Her supporters who continue to be defiant are in an alternate reality. This was a race, and she lost. When it's over, you have to move on. I've seen this in companies, too. The management gets stuck in the past and keeps fighting last year's fight. I am a strong believer that you have to deal with reality in business. Putting your head in the sand doesn't serve anyone. I think it was Harold Geneen who called this 'unshakable facts'. He insisted that his managers make their decisions based on facts, not opinions and emotions.
There are a lot of mature companies today that need to move on to their next fight. Instead, they continue to fight the last one. This causes them to squander resources and miss out on new growth opportunities. The lack of objective, outside, and yet constructive input is one reason why companies can't see this problem themselves. As an entrepreneur or a company leader, you need to make sure that you are looking at the company's situation as objectively as possible.
On a lighter note, Jon Stewart showed a healing program for Hillary supporters who are stuck in the past.