Speed is good. Money likes speed. Success likes speed.
Rushing is not good.
Rushing leads to mistakes. Rushing leads to cutting corners.
Money doesn’t like rushing. Success doesn’t like rushing.
So what’s the difference?
Recently we were engaged in an IT project with a tight deadline. We realised we needed a new provider and the ‘perfect’ one happened to show up on our radar. We engaged with only them, then we got their proposal and it was over twice the cost we were expecting and delivered half of what we wanted. By this point late in the game it was either go with them or miss the deadline. I chose to miss the deadline. We had painted ourselves into a corner because we were rushing and it was time to admit that and do the right thing.
In our right minds I’d never engage a single provider, but we cut corners by only engaging one provider to hit a deadline.
When you shift out of responsible rapid progress to cutting corners it’s time to pump the brakes, because you might be running a full speed enthusiastically towards a cliff.
I run a course called Board of Directors. Business owners join me for two days every three months and we go deep on their businesses, and their own personal psychology.
Recently we got some HR people in to help us improve our professional development program at MedRecruit.
People often talk about the impact they want to have… In the future.
After a crisis, most people aim to get back to the state they were in before the crisis.
Recently the World Medical Association ratified a change to the Declaration of Geneva, the modern-day Hippocratic Oath, the value-set of doctors worldwide, to include the health and wellbeing of doctors.
I was recently speaking to a group of corporates.
And I had to smile.
I speak to a lot of groups of people AND Purpose is something that I’m big on, and it invariably leads to someone asking the question, “I don’t know what I want to do. What should I do?”
“When is it giving up, and when is it changing direction?” is a question I get asked a lot.
Some people like beer.
Some people like wine.
Recently I was fortunate to attend a good friend of mine’s wedding in Bali. He’s a partner at a well-known law firm in Singapore, and many of the attendees were merchant bankers, venture capitalists and other people in the finance space.