The Success Delusion

Marshall Goldsmith

When it comes to the thoughts successful people hold in our heads, we are not self-depreciating, we are self-aggrandizing – and that’s a good thing! Why It Can Be So Hard for Successful Leaders to Change. Any human, in fact, any animal will tend to repeat behavior that is followed by positive reinforcement. The more successful we become, the more positive reinforcement we get – and the more likely we are to experience the success delusion: I behave this way.

Don't Anesthetize Your Colleagues with Bad Writing

Harvard Business Review

But if you also throw in acronyms such as ABC ("activity-based costing"), EBITDA ("earnings before interest, tax, depreciation, and amortization"), and VBM ("value-based management"), only the accountants in your audience will follow you — you'll lose everyone else.

VBM 16

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Don't Draw the Wrong Lessons from Better Place's Bust

Harvard Business Review

Better Place would then use these multi-year contracts to finance its infrastructure investments and battery depreciation. By May 2013 it had sold fewer than 3,000 vehicles. In February 2013, after a series of mismanaged leadership transitions including the firing of founder and CEO Shai Agassi, Better Place finally reversed course.

The Best Leadership Books of 2016

Leading Blog

Superbosses can be fierce or gentle, belligerent or self-depreciating, but whatever their style, they do a much better job inspiring and teaching because they get in their trenches with protégés, leading by example and giving them personalized attention they require to move up quickly.

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A Couple Reasons to Smile About

Women on Business

Allows businesses to take a 100% depreciation write-off for investments in certain new business equipment in 2010 and 2011. Review your investment portfolio to identify certain appreciated positions to sell now before taxes potentially increase in 2013.

The Success Delusion

Marshall Goldsmith

When it comes to the thoughts successful people hold in our heads, we are not self-depreciating, we are self-aggrandizing – and that’s a good thing! Dr. Marshall Goldsmith was selected as one of the 10 Most Influential Management Thinkers in the World by Thinkers50 in both 2011 and 2013. Marshall was the highest rated executive coach on the Thinkers50 List in both 2011 and 2013.

Companies Shouldn’t Wait to Prepare for the Post-Brexit World

Harvard Business Review

The depreciation of sterling has driven up the price of the UK’s import bill by 13% (on average) since the vote, which, if fully passed on, translates into a ~6% drop in disposable income. But whether that grows the economy depends on exporters’ choices: They can hike prices and thereby capture additional margin (leaving volumes unchanged) or sell higher volumes at cheaper (depreciated) prices. What is going on with Brexit?

Every Fast-Growing Company Has to Combat Overload

Harvard Business Review

In early 2013, Norwegian went public and became one of the most successful IPOs of the year, closing the year 87% above its IPO price. From 2008 through 2013, EBITDA (earnings before interest, taxes, depreciation and amortization) margins increased for 20 consecutive quarters, from 5% to 25%.

The Comprehensive Business Case for Sustainability

Harvard Business Review

McKinsey reports that the value at stake from sustainability concerns can be as a high as 70% of earnings before interest, taxes, depreciation, and amortization. In 2013, GE had reduced greenhouse gas emissions by 32% and water use by 45% compared to 2004 and 2006 baselines, respectively, resulting in $300 million in savings. Today’s executives are dealing with a complex and unprecedented brew of social, environmental, market, and technological trends.