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Understanding Leadership

By: David Novak Leadership

Leadership in the workplace refers to the ability of an individual to manage and supervise a company and its fellow employees. It also refers to the ability to positively influence others to perform their jobs to the best of their ability. This will result in success for the company as a whole.

Displaying leadership involves having a variety of skills and qualities that help you perform your job with ease. The various skills a leader should possess include both hard and soft skills. Here are some important qualities all leaders should possess in the workplace:

  1. Good communication: As with most roles, it’s important that leaders are good communicators. In many ways, they are the voice of the company, so being able to effectively communicate with their team and employees is vital in their position.
  2. Empathy: Leaders need to display a great deal of empathy. This involves understanding others’ wants, needs and concerns. Not only will this create a harmonious working relationship, but displaying empathy will earn trust and respect from your colleagues and employees.
  3. Positivity: Positivity can go a long way in boosting morale and promoting a healthy work environment in general. Leaders should have a good attitude and stay positive throughout their everyday tasks. When employees see them being positive, they’re more likely to be positive themselves. Leaders should aim to inspire others through their positive outlook.
  4. Confidence: As a leader, it’s important to have belief in your abilities. When you display a reasonable amount of confidence, you can help motivate others as well as give them hope for the company’s future.
  5. Vision: In order to make a company profitable, it’s important for leaders to have a good vision. This means they have the motivation and ability to think beyond the present and plan for the future strategically.
  6. Responsibility: Since leaders have a variety of tasks they’ll need to complete, it’s important that they’re responsible in the workplace. This means prioritizing their duties and staying focused on what needs to get done for the company.
  7. Transparency: Leaders should also be transparent about the company’s state, its goals and more. This means being open, honest and effectively communicating with others in the organization. The more transparent you are as a leader, the more your employees will trust you going forward.
  8. Motivating: As a leader, you’ll be responsible for not only leading your team but empowering them to perform to the best of their ability.
  9. Delegation: It’s important that you’re able to effectively delegate and manage your team of employees.
  10. Humility: Leaders should be modest about their motivations and actions. It’s important for employees to see that their superiors can make mistakes, too.

To understand even more on leadership and what makes a great leader listen to our podcast How Leaders Lead.

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Leadership Defined

By: David Novak Leadership

Leadership is the ability of an individual or a group of individuals to influence and guide followers or other members of an organization.

Leadership involves making sound — and sometimes difficult — decisions, creating and articulating a clear vision, establishing achievable goals and providing followers with the knowledge and tools necessary to achieve those goals.

Leaders are found and required in most aspects of society, from business to politics to region to community-based organizations.

An effective leader possesses the following characteristics: self-confidence, strong communication and management skills, creative and innovative thinking, perseverance in the face of failure, willingness to take risks, openness to change, and level headedness and reactiveness in times of crisis.

In business, individuals who exhibit these leadership qualities can ascend to executive management or C-level positions. Noteworthy individuals who have exhibited strong leadership in the technology industry include Apple founder Steve Jobs, Microsoft founder Bill Gates and Amazon CEO Jeff Bezos.

Multiple definitions of leadership exist, although the different definitions generally converge in the theory that great leaders have the ability to make strategic and visionary decisions and convince others to follow those decisions. The consensus is that leaders create a vision and can successfully get others to work toward achieving that goal. They do this by setting direction and inspiring others to want to succeed in achieving the end result. Moreover, they are capable of getting people excited and motivated to work toward the vision.

In other words, great leaders know how to both inspire people and get followers to complete the tasks that achieve the leader’s goal.

Leadership involves creating and articulating a vision and inspiring others to want to work toward that vision. But leaders may not be skilled at or involved with the day-to-day management of the work needed to turn that vision into a reality.

Management, on the other hand, is the oversight of the tactical steps required to complete the work needed to actually achieve the objective.

Leadership often requires leaders to take on some management tasks, but good leaders understand that their strengths are different than those exhibited by good managers who excel in articulating the steps required to complete tasks and holding people accountable for achieving their share of assigned work.

Leadership requires individuals to possess certain key traits, such as strong communication skills, charisma, assertiveness and empathy.

Many individuals inherently possess some leadership traits, but most individuals have to develop many, if not all, of the characteristics associated with leadership.

Some people can develop leadership skills through their everyday experiences. Moreover, some people do not hold any positions of authority or business titles, yet still demonstrate leadership through their actions and abilities to rally people to act on their visions for something better than the status quo.

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Leadership Basics

By: David Novak Leadership

The question of how to be a leader is an endlessly fascinating topic.

But before we go playing around with nitpicky details, make sure you understand the basics of how to be a leader.

Let’s start with the most basic level: How do you define leadership?

When you think about it, leadership is more complex than we often realize. It’s not just being a person who is admired, though that may be part of it. It’s also being the person who can drive a team to achieve results. It’s inspiring people to achieve more, to work to their potential.

But that’s not all leadership is. Leadership is also teaching, coaching and passing along knowledge. Leadership is ensuring that problems are solved. Leadership is steering the ship, setting the goals and making sure they’re achieved. When you think about how to be a leader, you’re pulling together many different components and aspects of being an entrepreneur.

The following leadership basics can all be part of discovering what being a leader means for you.

  1. Look at the big picture.

    Whether you employ one person or one thousand, as the leader of your company, you’re responsible for steering the ship.

    You choose the destination.

    You keep an eye out for obstacles.

    You assemble the crew that can get you there.

    When you think about how to be a leader, try to keep the big picture in mind.

  2. Know when to let go and delegate.
    Yes, you’re in charge. Yes, the buck stops with you, and you’re the captain of the ship. But you can’t personally control everything. In fact, part of seeing the big picture is zooming out from all the details. (An aside: This is true for life, as well as business.)

    You don’t have to be everything to everyone. You’ve hired great staff, and part of leadership is delegating. If you’re overwhelmed by details, you’re doing instead of leading.

  3. Empower your staff by teaching them, instead of taking over.

    For me, a big part of leadership is being a coach or a teacher—I want to help my staff achieve their potential and grow, developing new skills along the way.

    When I started my first company, I thought rolling up my sleeves was how to be a leader. I’d get in the trenches and work right alongside my employees.

    The problem was that I wasn’t really leading. I was doing. My staff wasn’t learning as much as they could have if I’d stepped back and let them get their hands dirty. Empowering your staff is a critical part of leadership.

    If you’re doing the work, you’re not teaching your staff, and if you’re not teaching your staff, you’re not going to have time to accomplish real leadership tasks like figuring out systems that make your company run more efficiently.
    Train, teach, guide, coach, encourage…that’s how to be a leader.

  4. Reward your employees’ success.

    A big part of leadership is finding ways to motivate your staff, and that can be a challenging task since people are motivated by different factors. But the best leaders I’ve ever known take the time to figure out what each employee needs.

    Some employees want praise. Some want money. Some want to be challenged. Some want to be nurtured. If you observe your staff and implement reward or incentive structures that hit a variety of motivating factors, you may find greater success in moving your team toward the goal.

    You do what you do because it’s your company. Your staff isn’t in the same position. Learning how to be a leader means finding meaningful ways to reward success and motivate self.

  5. Connect company goals with personal goals.

    One of my favorite aspects of leadership is the opportunity to mentor my staff. I love the challenge of helping them determine what matters to them and make plans for their futures.

    Connecting company goals with my employees’ personal goals is one way I’ve found to motivate my staff. The bonus is it moves the company toward my desired outcomes, and it helps my staff grow as well.

    Learning how to be a leader is a process, but it begins with fundamentals. Knowing what leadership means to you is the first step—understanding the basics can help you refine your leadership skills over the course of your career.

    For homework, come up with your own definition of leadership. Jot down all the things that matter to you and write a couple of sentences that get at the heart of what you want to achieve as a leader.

    For more on this check out our podcast How Leaders Lead to hear more on how the top leaders are making a difference by the way they lead, and getting great things done.

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What is Leadership, Anway?

 
By: David Novak Leadership

Such a simple question, but let’s start with what leadership is not…

Leadership has nothing to do with seniority or one’s position in the hierarchy of a company. Too many talks about a company’s leadership referring to the senior-most executives in the organization. They are just that, senior executives. Leadership doesn’t automatically happen when you reach a certain pay grade.

Leadership has nothing to do with titles. Similar to the point above, just because you have a C-level title, doesn’t automatically make you a “leader.” Say the word “leader” and most people think of a domineering, take-charge charismatic individual. We often think of icons from history like General Patton or President Lincoln. But leadership isn’t an adjective. We don’t need extroverted charismatic traits to practice leadership. And those with charisma don’t automatically lead.

I guess technically a leader could use social influence to just organize the efforts of others, but leadership is about maximizing the effort. It’s not, “Hey everyone, let’s line up and get to the top of that hill someday.” But rather, “Hey, see that hill? Let’s see how fast we can get to the top…and I’ll buy the first round for anyone who can beat me up there.”

So what do you think? Is this how you would define leadership?

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Why Your Leadership Mindset Matters

By: David Novak Leadership

As a leader, your mindset influences everything. It affects your attitude, how you handle challenges, and ultimately your success.

If you have the wrong mindset, it will show.

Here are some tips to help you have the mindset of a leader that people will want to follow:
Leadership is not just a job:

A leader’s role is to inspire, motivate, and help others to be great at what they do. If you are the chosen one so-to-speak, then it’s important to realize the privilege you’ve been given. When you recognize this responsibility, it will transform you and your actions. Have you ever noticed how people flock towards a leader that acknowledges what a great opportunity they have? A grateful leader is inspirational and humble, and therefore will take people with them that are like-minded, and will, in turn, inspire others to get all kinds of good things done.

Recognize people are counting on you do to your job:

Great leaders know their purpose is to support their team. By doing your job well, you give them the ability to do their job well. If you aren’t helping and inspiring them, you’re probably hindering them. Goals can’t be met efficiently if you don’t give your people the resources and leadership tools they need. As a leader, you set the precedent for others. If you do your job well, others will win. And remember, when they win, YOU win.

You cast a shadow:

Whatever a leader does, others follow. This is true of every organization. People will look to you to model their behavior. If you’re always scowling and pointing out the negative, your team will feel the effect of it. This gloom will trickle throughout the organization. If you’re energetic and passionate about what you do, others will be inspired to do the same. Think about the behaviors you want to inspire in your team and live them out. As a leader, you make or break the culture.

Do you want to transform your leadership?

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How do you build a winning team?

By: David Novak Leadership

Have you ever noticed a great team and wondered, “how did they build such a dynamic team that gets such good things done?”

Here’s how they did it, and how you can too.

A winning team needs four kinds of people:

Promoter

A promoter has plenty of drive. Their strength lies in growing others’ ideas and contributing to their team. They are passionate and energetic and inspiring.

Supporter

The supporter is the backbone of the team. They are givers who seek to help their team members. They thrive on recognition and value respect.

Controller

The controller is the “doer” of the team. Controllers are decisive, confident, and focused. They get the job done.

Analytic

Analytics are the problem-solvers. They are goal-oriented, detailed, and logical. They’re disciplined and their systematic approach gets great results.

Does your team have all of these components? If not, figure out how you can build your team to look like this.

Why is this important? Say you have a team full of ideas-people but no implementers, how would anything get done? An unbalanced team is like an unbalanced diet. An unbalanced diet does not provide you with the nutrients needed to maintain a good, all-around level of health and will cause you to become malnourished. Same thing for an unbalanced team.

Once you’ve built that winning team, the next step is to lead them according to their strengths.

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Are You Hirable?

By: David Novak Leadership

Have you ever wanted to tap into the thoughts of a hiring manager to learn why some people get hired and others don’t? You might be surprised by what you discover. If you think a great resume and prestigious qualifications are enough, think again.

We’ve asked David Novak of How Leaders Lead what he looks for when he hires someone, and these are the 2 questions he asks himself:

  1. Why will this person be a great addition to our team?
  2. Does this person have the ability to learn?

David believes the difference between a good performer and a great performer comes down to a desire to learn.

Are you the kind of person who wants to learn from others? Do you seek out best practices in your field?

Hiring managers look for candidates who are curious because they strive to learn throughout their careers and, as a result, raise the game for other members on their team. When interviewing, be prepared to share how you are passionate about learning, and talk about how you want to continue to grow, and be humble enough to speak about how you don’t know everything. This just might set you apart from other candidates.

After the interview David then asks himself:

Would I want my daughter to work for this person? If the answer was no, then that person wouldn’t get the job. But if David saw someone with special leadership traits and characteristics, someone who would invest in his daughter and help her become the best she could be, he would hire that person.

Being a learner and a leader are equally important. Keep that in mind and you will be ready to land that next job and kill the interview! You’ve got this!

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6 Daily Habits of Successful Leaders

By: David Novak Leadership

If you want to be a successful leader you have to start to learn the behaviors of other successful, great leaders and learn about the behaviors and habits that set them apart.

Here’s the routine of what a successful person looks like:

Prepare the Night Before

David’s daily routine starts the night before. Before he goes to bed, he looks at his calendar for the next day and asks himself, “What’s going to make each one of those meetings successful?” Then he tries to envision what a successful meeting would look like. By thinking about it the night before, David can go into each meeting prepared and focused on coming out with successful outcomes.

Cultivate a Positive Attitude

Ken Langone, Co-Founder of The Home Depot, asks himself, “What can I do today to be as good a person as I hope I can be.” By asking and answering this question, Ken is preparing himself to look for ways to be the good person he wants to be, rather than hoping it will happen by chance. This a step in personal development that will help you to leady at any level.

Physical Exercise

Brian Cornell, Chairman, and CEO of Target Corporation recognizes the importance of exercise, so he is creative about building it into his schedule each day. Whether it’s 20 minutes in-between meetings or 20 minutes at the end of the day before a dinner function, he gets on the treadmill, which helps him manage his stress and refreshes his energy.

Schedule Management

When David realized that people tried to avoid him until around 10:00 in the morning, he learned not to schedule any major meeting till after 10:00 AM. This allows him to be at his best. Learn what times you are at your best. This small habit will change your day and the others you work with.

Connect with Others

Milind Pant, Chairman of Yum! China makes it a habit to walk throughout the office talking to employees, which ensures that he is available and visible to his team.

These daily habits work!

These are simple things that make great leaders.

Which habit do you think will help you become the best leader you can be?

If you haven’t received your free subscription to David Novak Leadership click here to subscribe and gain access to all of our free learning guides, blogs, and podcast clips. If you are already a subscriber you will be automatically redirected to all of these resources.

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Strategies to Motivate Reluctant People

By: David Novak Leadership

Ok, everyone knows it’s never fun implementing new initiatives when you have reluctant people on your team. Reluctancy can come in all shapes and sizes cautious or fearful, unenthusiastic or wanting control. Whatever type of people there are in your life, managing reluctant people will always resist change and, ultimately, slow down progress.

Fortunately, it is possible to inspire reluctant people to move forward. All you need is the right strategy.

Here are two steps to motivating reluctant people:

  1. Align Your Team: Give your team all the facts. Once everyone is on the same page, you should ask for their input. Let your team speak into the initiative, and give your most reluctant team members an opportunity to offer their ideas. Everyone should have a voice. You will more than likely end up discovering the reason behind the reluctance, and have the chance to address any concerns.
  2. Get Them Involved: No involvement equals no commitment. After you get input from your team, it’s time to figure out where your most reluctant people will fit best. Give them opportunities to contribute. If they become involved in your initiative, they’ll be more committed to seeing it through.

By communicating to your team that you value their input and believe they are capable of bringing about change, they will be more willing to embrace new initiatives.

For more tips on leading others head over and listen to our podcast How Leaders Lead.

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How to Improve Yourself and Be a More Effective Leader

By: David Novak Leadership

Self-awareness: it’s a big buzzword right now. But how do you really know who you are to become better as a person, a friend, a leader?

And for that matter, why should you care?

Being self-aware means knowing what drives you and what knocks you on your back. It helps you to figure out your motivators, breaking points, and inclinations.

So why does that matter?

Because great leaders lead people. If you aren’t able to manage yourself, then how can you manage your team?
Do you know the one thing that is absolutely necessary to develop your self-awareness?

Here’s a hint: it doesn’t come from you. The leadership tool every great leader needs to develop in self-awareness is FEEDBACK. Yep, good old-fashioned, give it to me straight, feedback.

At David Novak Leadership, we recognize that great leaders need feedback specific to their leadership skills, which is why we’ve developed a set of focused questions that help people analyze their leadership style. Questions like, do you work to ensure that each person on their team knows the team’s vision, and can they explain it? And, does this leader directly involve others in setting goals so everyone can feel ownership of them?

Every leader has weak spots, but it’s hard to know what they are unless someone tells you. Real, honest feedback will help you to see those weak spots and improve your performance.

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What Top CEOs Look For When Identifying Future Leaders

By: David Novak Leadership

Every leader wants to have their dream team. You’ve got to have a great team to succeed. Those right people will drive success.

David asked top leaders what they look for when identifying future leaders on How Leaders Lead. Here is what they shared:

Daniel Lubetzky, Founder of KIND Snacks looks for people that will challenge him, raise their hands and speak up, and not just go along with everything he says, this creates “a permission culture to take risks and challenge.”

Indra Nooyi, former Chairman & CEO of PepsiCo, looks for people who throw their head, heart, and hands into the job. It’s not enough to come to work and say, “It’s a job,” to Indra. She looks for someone who sees their job as a passion. She wants her leaders to be willing to bring everything they’ve got to work and throw themselves into the job because they love what they do.

Kevin Johnson, CEO of Starbucks, looks for authenticity, and good values. Those two together build trust. “I think authenticity is very important, and the second thing is that values matter… especially in times of adversity. And then you build trust. Trust is earned.”

You can now use what you’ve learned and run with it! Let’s go!

Learn even more about becoming a successful leader at https://davidnovakleadership.com/.

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Conflict at Work? Here are 3 Tips

By: David Novak Leadership

Like we say all the time over on our podcast, How Leaders Lead, all great leaders have their own style and their own way of leading. When everyone comes together with these different leadership styles, characteristics, and traits; conflict is bound to happen. Conflict isn’t a bad thing. Productive conflict can grow you and your team for the better, and is part of development as a leader.

Here are 3 tips to help the next time you know what hits the fan:

  1. Mine for conflict – It’s important to pay attention to others and how they react when ideas are shared. Rather than assume that everyone agrees or ignore those who don’t, take time to feel out the room and everyone’s reaction. Ask each individual where they stand on a scale from one to ten. After everyone shares their rating, ask follow-up questions and invite input on how to get everyone aligned. This is part of what creates a culture where everyone makes a difference and is inspired to work together.
  2. Listen for understanding – When others are talking, look them in the eye, suspend your critical thoughts, and really focus on understanding what they are saying before you respond. Dig deeper by asking them follow-up questions: “What did you mean by…?”; “Explain that point to me again… I want to fully understand what you are saying.”
  3. Have courage in your convictions – Remember to always listen to input from others with your mind open to the possibility that they might be right. But when you feel strongly that the input is not right for you have the courage to move forward with what you believe is best for the organization. People will respect you for listening, considering all opinions, and then making a decision, and moving on. But only after you’ve done those things. Don’t cave to people’s ideas to make them feel validated or to avoid conflict. Seriously consider what’s said and make the right call.

With you leading the way carrying these simple leadership tools, you can turn conflict into something that can change and grow your organization and even make a better world. Don’t pass up the opportunity! Go towards it, embrace it. Be the one to make a difference and inspire others – this will only drive you towards success! Do this and it’s a total gamechanger.

Want to learn more incredible tips like this, give TPWY a try! All proceeds go to support the World Food Program.

Did you know that you can get daily leadership wisdom from David Novak? Follow David today on Twitter: @DavidNovakOGO.

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3 Ways to Be the Leader Everyone Wants to Work For

By: David Novak, Co-Founder and CEO of David Novak Leadership

Number one on my list of lessons for leadership is to “be yourself.” Yes, you’ve heard this a million times, but it is the only way to gain trust and keep people on your side. Authenticity breeds trust, which will take you pretty far.

Consider the times you’ve seen someone on TV or even in person that you could just tell wasn’t being authentic. It happens all the time with politicians, business leaders, salespeople, and even teachers and parents. They try to be someone or something they aren’t and most often, they will trip up and get caught in the act. Once people see through the show, the trust is broken.

In leadership, you need to realize that everyone is scared of letting their weaknesses show, especially in the business world. By showing your vulnerable side, you can let others know that you’re just like they are. It helps you gain their trust and allows them to more easily open up instead of feeling intimidated by your role or title. It helps you help them be authentic.

As a leader, you need to know yourself in order to help others get better at being themselves. It may take some self reflection for you to realize who you are and where you’ve been. Take a long, hard look at your own past and what events shaped you. Pay special attention to the lessons that weren’t easily learned and how you gained knowledge and grew. These insights will help you further grow yourself and relate to your teams.
To help you teach others to open up and be who they are, consider these tips:

  • Believe in all your people. Celebrating their individualities while keeping them working toward the same goals can be challenging. But by having respect for their styles and values, you can still lead everyone toward success.
  • Give them individual development plans. Appreciate their strengths, and take time to find out what makes each person tick. Then, you can help them find ways to be more effective at what they do.
  • Provide a safe haven for input. Include everyone in discussions and make it easy for them to feel comfortable speaking up. When they disagree with you, listen to their points and thank them for sharing their side.

Remember, we are all works in progress. We are each individuals with unique strengths and weaknesses. Showing your team that you are always working to better yourself can help them accept their own challenges and work on them, too.
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How Great Leaders Champion Big Ideas

By: David Novak Leadership

One of the characteristics of a great leader is they reach beyond the status quo and champion big ideas. This can be difficult because many organizations are risk adverse and opt for the easiest, safest way of doing things. While big ideas may seem risky, they have the potential to create a big impact. Roger Enrico, former Chairman of PepsiCo and DreamWorks Animation, once said:

By definition, small changes to small things are a waste of time. But small changes to big things are even worse. They’re dangerous…because they create the illusion of progress. Making big changes to small things are great. But making big changes to big things…now that builds the future. Beware of the tyranny of making small changes to small things. Rather, make big changes to big things.”

Which camp does your organization fall into? Small changes to small things? Or big changes to big things? Without challenge or change, employees often settle for marginal or incremental improvement to their products and services. A leader has the power to change this behavior by role modeling and encouraging others push past the ordinary. This starts by helping them suspend their judgment of what is possible.
There are two critical questions to help leaders and their teams champion big ideas:

What if? and How might we?

For example, Gregg Dedrick, Former President of KFC, knew that his brand had an affordability issue that prevented people from coming more frequently. He asked the team, “What if we could offer a high-quality sandwich at an everyday affordable price?” Everyone agreed that it would be a game changer, but no one thought it was possible.
Then he challenged the team with the question, “How might we make that happen?” Rising to the challenge, his team figured out how to accomplish the impossible and launched the KFC Snacker, driving record sales at the time.
Remember, the leader doesn’t have to come up with the big idea. They just need to challenge others to consider the two questions What if? and How might we? Involving others in the process will give them ownership and inspire them to make the impossible happen.
When will you start asking the game changing questions to initiate big changes that lead to big things? It takes courage and a willingness to learn as you go, and possibly fail. But imagine the transformation you can unleash by challenging your team and yourself to think outside the box and believe change is possible.


If you want to become the best leader you can be, so you can bring out the best in others, check out the Essential Leadership Traits Program at DavidNovakLeadership.com. The program is designed to teach you the essential leadership skills you need to succeed and grow in your career.

 

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Learn From My Crystal Pepsi Mistake

By: David Novak, Co-Founder & CEO of David Novak Leadership

Welcome back, Crystal Pepsi! Those are four words I never expected to say, or write for that matter, considering I was responsible for the original Crystal Pepsi launch in 1992. Why is it shocking that I’m writing these words? Because Crystal Pepsi was my biggest career fail. Yet I learned a valuable lesson from this fail and it’s one that helped me change as a leader. Let me explain.

While head of marketing at Pepsi, I had a brilliant idea that I thought would be my career maker: Crystal Pepsi! Crystal Pepsi would be our answer to the momentum created by Clearly Canadian’s flavored water. I gained support from my boss, focus groups provided unbelievable positive responses, and it was even mentioned by Dan Rather on CBS Evening News after a successful test launch in Colorado.

When it came time to get the bottlers involved, I was so confident, I thought they’d probably stand and applaud by the end of the meeting. They did like the idea, but they had a concern: that it didn’t taste enough like Pepsi.

Sometimes our best assets can be our blind spots. When I look back, I realize I never really listened to the criticism because I figured I was the marketing expert and they just didn’t get it. I went ahead and launched the product anyway. And we did it so fast that we had a small quality control problem. The product tasted great in the lab, but had a bit of an aftertaste in certain markets.

The problems with Crystal Pepsi became sort of legendary with a Saturday Night Live skit pouring Crystal Pepsi on mashed potatoes and Time Magazine listing Crystal Pepsi in the top 10 marketing failures of the twentieth century.

It was hard for me to let go of my passion, confidence and perspective, so I didn’t listen to feedback or wisdom offered by others. Even the franchisees were suspicious of the longevity of the product and chose to sell it at a premium price, which was wise since the shelf life of Crystal Pepsi was short lived. I still wonder if Crystal Pepsi would be a permanent product if I had listened and incorporated feedback into the launch plan. Clearly, (pun intended) the fact that Pepsi recently relaunched Crystal Pepsi for a limited time shows that there was something to the idea!

Failure is a great teacher. The Crystal Pepsi failure taught me the importance of letting go of my confident position momentarily so I could actively listen to the wisdom offered by those around me, especially when people are trying to warn me that I’m about to drive off a cliff.

As a leader, it’s absolutely important to have confidence in what you’re doing. Yet it’s also important to consider this question: what if those opposed to your idea are right? I didn’t consider this question during the Crystal Pepsi launch. I now know how important it is to listen to opposing points of view and consider the potential barriers to success so I can make my plans more successful.

John Wooden says it best: Failure isn’t fatal, but failure to change might be. I changed as a result of the Crystal Pepsi fail. What about you? Take a moment to consider how you respond to failure by reflecting on the questions below.

• Describe a failure in your life.

  • What happened?
  • Who was impacted?
  • What was the outcome of the failure?

• Did you recognize the value of your failure and make changes to the way you lead? Explain.

• What can you learn from your failure?

• How will you incorporate what you learned into the way you lead today and in the future?

If you need some help embracing your failures, then download this guide on Learning from Your Mistakes. In it, I share tips that helped me adopt a “learn from your mistakes” mindset. As Zig Ziglar says, “It’s not how far you fall, but how high you bounce that counts.” Let’s commit to learn from our mistakes and bounce back as more effective leaders.