Home Leadership Turn Archives Me RampUp Solutions  
 

  • Categories

  • Archives
 

Apples and Oranges

by Miki Saxon

apples-and-orangesHat tip to Dan McCarthy who cites a study by Deloitte and asks whether best practices are reality or illusion.

Their research shows that luck alone can account for above average corporate performance for many years.

I haven’t read the study, but I did read Malcolm Gladwell’s Outliers: The Story of Success and there is a lot to be said for luck.

Not the kind of luck that wins a lottery, but the “right time, right place” kind.

I saw it first hand during my 20+ years headhunting. When the economy was hot and talent scarce anybody could (and did) become recruiters because companies were so desperate they hired almost every warm body that even vaguely fit the opening.

During the expansion of the nineties, what percentage of a stock rising was skill and how much market serendipity? By the same token how much of the rise was leadership skill and how much a market that not only lifted all boats, but also responded with outsize euphoria to anything that sounded good?

This applies just as much to individuals.

I’m not saying that skill isn’t important or that it won’t offset many factors, but so is timing.

The problem is that you can’t choose when you are born or what the economy will be like when you reach the corner office or get that great promotion; you can only do your best with the situation in which you find yourself.

So when you do look to others for pointers and best practices, be sure that the economy and their circumstances are the same as yours or at least parallel enough to be worthwhile.

Think about it.

Image credit: TheBusyBrain on flickr

One Response to “Apples and Oranges”
  1. MAPping Company Success Says:

    […] written several times referencing Malcolm Gladwell’s Outliers and it’s come up in numerous conversations […]

Leave a Reply

RSS2 Subscribe to
MAPping Company Success

Enter your Email
Powered by FeedBlitz
About Miki View Miki Saxon's profile on LinkedIn

Clarify your exec summary, website, etc.

Have a quick question or just want to chat? Feel free to write or call me at 360.335.8054

The 12 Ingredients of a Fillable Req

CheatSheet for InterviewERS

CheatSheet for InterviewEEs

Give your mind a rest. Here are 4 quick ways to get rid of kinks, break a logjam or juice your creativity!

Creative mousing

Bubblewrap!

Animal innovation

Brain teaser

The latest disaster is here at home; donate to the East Coast recovery efforts now!

Text REDCROSS to 90999 to make a $10 donation or call 00.733.2767. $10 really really does make a difference and you'll never miss it.

And always donate what you can whenever you can

The following accept cash and in-kind donations: Doctors Without Borders, UNICEF, Red Cross, World Food Program, Save the Children

*/ ?>

About Miki

About KG

Clarify your exec summary, website, marketing collateral, etc.

Have a question or just want to chat @ no cost? Feel free to write 

Download useful assistance now.

Entrepreneurs face difficulties that are hard for most people to imagine, let alone understand. You can find anonymous help and connections that do understand at 7 cups of tea.

Crises never end.
$10 really does make a difference and you’ll never miss it,
while $10 a month has exponential power.
Always donate what you can whenever you can.

The following accept cash and in-kind donations:

Web site development: NTR Lab
Creative Commons License
This work is licensed under a Creative Commons Attribution-NoDerivs 2.5 License.