11/27/2021 Tip: Shoulder the Blame and Share the Credit | Growthink

11/27/2021 Tip: Shoulder the Blame and Share the Credit

Today’s Quote

“You are what you think. So just think big, believe big, act big, work big, give big, forgive big, laugh big, love big, and live big.”
~Andrew Carnegie

 

Today’s Tip

Today I’m following up on yesterday’s tip with another one courtesy of the 16th American president, Abraham Lincoln.

Abraham Lincoln was well-known as the type of leader who preferred to share credit with his expert cabinet members, while also shouldering the blame of the administration’s failings. In fact, he often shouldered the blame for issues that weren’t entirely of his own creation.

That type of compassion and leadership is often missing in business, and it creates an adversarial environment that can be damaging to the growth of the enterprise.

Small businesses need to work as a team. That team can debate, but they must work to create goodwill at the end of the day (and individual team members cannot be blamed for problems). When everyone feels good about their coworkers, and about how their ideas are being integrated into the growing company’s policies, they’re more motivated to do the best job they can.

Additionally, happy employees and executives are more loyal in their positions — preferring to stick with a business through the good and bad times, as opposed to jumping ship to a competitor or starting their own company.

 

Today’s Resource

Do you have the right plan?

The right strategic plan for your business includes:

1) the best strategy to follow

2) a written roadmap so there’s no confusion as to what your team needs to accomplish and when

Our strategic plan template allows you to quickly create a winning plan.

In no time, you’ll have a strong plan to follow so your company wins.

Why play the game of entrepreneurship if you’re not going to win?

Create a winning strategic plan <–

 

Trivia

Today’s Question: What was megacorporation IBM known as before its name was changed in 1924?

Previous Question: What was introduced by Barclays Bank for the first time on June 17, 1967?

Previous Answer:  The First Cash Dispenser (ATM). 

The world’s first cash dispenser was installed at Barclays Bank, Enfield, Middlesex, UK.

 

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