The difficulty with creating a new paradigm is that a shift (if it happens at all) will often come from someone on the periphery of our industry. This is because those that work in an industry have such strongly ingrained brain patterns (beliefs built on indoctrination, training and experience) that it is hard for them to unlearn their known “truths”.
From an article by Steve Tobak on BNET
quote>
“The problem with belief in efficient markets [or any ingrained belief for that matter] is that it leads managers to stop trying to outcompete their rivals because there’s no point. The idea also leads to lots of benchmarking and following the crowd. The problem with benchmarking is that it gets you to the middle of the pack, not to the top – and also ignores differences in strategies and conditions facing different companies. If all you need to do is copy others because they have already discovered the “truths” about your business, what justifies enormous executive salaries? Why should following the crowd be that difficult or expensive?
So, if you have an idea that makes sense and goes against the “market,” whatever that market is, go for it.”
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So next time someone not directly involved in your industry makes a suggestion, don’t just scoff and ignore it it may be the gem of your future.
A great article, you can read the rest at:
http://blogs.bnet.com/ceo/?p=2466&tag=nl.e713
and be sure you read the interesting comments as well.
Looking for a new paragm perhaps its time to do your resume… free blank resume form with examples
2 comments
GlenStef says:
July 9, 2009 at 8:26 pm (UTC 0)
Not sure that this is true:), but thanks for a post.
GlenStef
robyn kelleher says:
July 16, 2009 at 7:48 am (UTC 0)
This is basically what happens internally at a lot of organizations and why their employees start to become complacent…they stay within the “norms”. That is why there is much focus on hiring diverse workforces so that it can be “shaken up” a bit. I once attended a training that focused on how to get to excellence. Once you weed out your C players, you focus on your A and B players. You go for excellence and once you reach it, you shake it up and go even further. This article reaches not only the “market” externally, but can make a huge difference when looking internally as well.