From the course: Leadership Stories: 5-Minute Lessons in Leading People
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Permission to spend in hard times
From the course: Leadership Stories: 5-Minute Lessons in Leading People
Permission to spend in hard times
- When she was a young executive at Eastman Kodak Katherine Hudson was visiting an important customer in Japan at the beginning of an economic crisis. Now, the customer's father who'd founded the company had worked very hard to build a successful family business from scratch. And he didn't do it by making stupid financial decision. Well, at this particular meeting, Katherine was surprised when the customer handed her a purchase order for a very expensive piece of equipment. And so, she asked, given the difficult economic conditions in your country, are you sure you wanna make this large of an investment right now? Well, the guy points to a big bamboo plant in his office, and he said, you see how that bamboo plant grows? it has long spurts of growth, and then it stops for a while, and then another growth spurt, and then it stops for a while. It's during those times of slower growth that the bamboo plant builds the strong rings that serve as the foundation for it's next growth spurt…
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Use the "Discovery Journey" method5m 9s
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How to use a metaphor4m 7s
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Challenge assumptions4m 54s
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Understand, agree, care, or don't bother3m 52s
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Concrete vs. Abstract4m 21s
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No excuses4m 13s
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Ask "Did I win or lose today?"4m 18s
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Foster friendly competition4m
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Prepare for change3m 6s
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Make it impossible not to change3m 38s
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Turn barriers into change agents5m 31s
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Trust your judgment3m 20s
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Permission to spend in hard times1m 45s
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