An Interesting Twist On Success Breeding Failure

| Total Words: 788

I make it a habit of listening to successful people. I read their books, and follow their articles, and research some of the same topics of interest they have. I wish I had known this secret when I first started in business 30 years ago. Lou Gerstner is known as the man who turned IBM around. He stepped in as CEO in 1993. The company was bleeding to death internally and literally had 100 days left before it would run out of money. Saving one of the biggest companies that ever existed must have been an extremely difficult under-taking for Gerstner and reading his story is definitely a must.

I found myself inquisitive about something he said during a CNN interview in 2004. He said The more successful enterprises are the more they try to replicate, duplicate, codify what makes us great. And suddenly they’re inward thinking. They’re thinking how can we continue to do what we’ve done in the past without understanding that what made them successful is to take risks, to change and to adapt and to be responsive. And so in a sense success breeds its own failure.

There is a lesson here we do well to observe. We as humans should be learning all the time....

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