Tuesday, April 16, 2013

Invest in "The BUCK"!

"Successful investing is anticipating the anticipations of others." - John Maynard Keynes British Economist (1883 - 1946)
It's less likely we hear U.S. president Harry S. Truman' s expression "The buck stops here", and sadly more likely we have recently heard or said someone "Passed the buck".
This illusive "buck" seems to be in contention somehow, so instead of just stopping it or worse yet, passing it, let's consider investing in "The BUCK", by spending time and energy on:
B - Beginning with considering what is happening by asking what and how questions instead of just blaming or asking why questions.
U - Understanding who is involved and the consequences by looking beyond yourself and to the family, team, company or client/customer, as well as beyond just the bottom line or personal implications.
C - Clearly articulating what is happening and what will be done by agreeing to deadlines and getting agreement from people who are responsible for what outcomes.
K - Keeping up with the progress and the results through leading by example, interactions and updates rather than through micromanagement and fear tactics.
Times and people have surely changed a bit since President Truman was in office, and therefore our approach can also change in order to "buck"le down and not just "buck the system", but to really invest in "the BUCK"!!

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