Page 42 - ICE BUSINESS TIMES December 2019

Tips for a CEO

‘failure is not the opposite of His story is proof of how each BUILD A SAFE should be to guide the crew out makes some squirm and leave
success, it’s a stepping stone failure is simply one step ENVIRONMENT TO of the sandstorm and plan for the room, others dig deep and
to success.’ So at some point, closer to success and Apple THRIVE IN. what is about to come next. try to find the reasons why they
I learned not to dread Inc is now labeled as the Companies don’t build Reminiscing on the past has its were rejected. They research,
By Farhat Zishan failure.” – And we couldn’t biggest tech company by themselves, and every single fair share of risks and as a update and they come back into
agree more. Failure is a part
Forbes.
the room again, only this time
leader blinds you to the
employee is an important part
of the journey and without its Similar to Steve, Bill Gates of the project when it comes to opportunities in the competitive they leave with a shiny medal
part in this play, no one also was a drop out from building something new. While market. Moving on from trauma in their hands as their prize. So
would be able to create things college and ended up building great leaders take responsibility and looking forward to more always look into your faults
to the best of their abilities. the empire of Microsoft as we of their employee’s work, it is prospects is the more because there is always room
Sometimes there is a know now. On multiple also important to have a empowering route for a for improvement and building
crossroad at the end of a occasions, Gates has always working environment where the successful leader. something even greater than
failed project, and choices mentioned the importance of employees feel safe to work and However, when and if you are you had previously thought of.
that are made is actually learning from failure. Before thrive as the lungs of the struggling to move forward
what determines where his march towards success company to build it stronger, from the failed project, these NEVER MAKE THINGS
people go from there. Kathryn and enrollment at Harvard, he make amends to mistakes and tactics and mantras that many FORCED OR PERSONAL.
Minshew, the founder, and started his own company at create an overall strong bond great CEOs have shared over While trying out for something
CEO of “THE MUSE” shared the age of seventeen, named which is significant for a the years – which they have new, it is not always easy to
her experience about PYP Traf-O-Data. The company resilient foundation atop which also used in their time of keep an open mind when
Media – a website where was a computerized project to erect an unwavering empire. difficulties may be the guiding rejections and failures are
Kathryn had invested all of that used a chip that could force you are seeking. coming your way, however,
her life savings. A power process and analyze traffic AMEND YOUR emotional turmoil is the last
struggle over the company data, and even though the SOME HELPFUL PROBLEMS. FIND OPPORTUNITIES thing you should keep in your
took over and she had lost all company was a failure at the DEFENSE PLANS Mistakes are inevitable when it WITHIN FAILURES. mind when this happens. You
access to the website. She time, he was able to use this TO REMEMBER comes to working for There is an abundance of need to get the negativity out of
said and we quote “We could experience and come build WHEN HANDLING something, and while being on quotes and articles that tells us your system and keep an
have sued, or we could have one of the biggest names in AN top is a privilege, do not leave to use failure as stepping open-mind to have the balance
started over. We chose the the tech industry. Microsoft ORGANIZATION room for someone else to clean stones, but the most important in your life steady, otherwise,
latter.” Kathryn started brand itself wasn’t an overnight SO THAT EVEN IN up your mess. Being attentive, theme from the whole thing is your attacks will make you
Becoming cofounders, two of them who Microsoft has also dealt with TIMES, YOU ARE off in the long run and that positive front. Failures are not result in painful anxiety
THE WORST OF
that people are asking to keep a
bottle up sadness, anger and
project either. Over the years
new with her current
honest and hardworking pays
hampering your stability with
multiple failures one after the
had left PYP Media to start
WELL PREPARED
the end of the world, rather an
includes taking responsibility
other, yet the company is
your loved ones. Instead, when
The Muse, and ended up
opportunity to do things
TO TACKLE THE
and working after your actions.
SITUATION
standing strong with its
differently, for something
faced with something difficult,
building a better product,

stronger morals while raising
better. Unless a person can use
brand name labeled as one of
you should remain more open
APOLOGIZE WHEN
HEAD-ON.
Indomitable over $2 million for the the best in the world. If there LEARN TO ACCEPT NEEDED. this opportunity to move and transparent to everyone
forward and build something
is anything to take away from
venture as well as reaching
about it so that there are fewer
Extending to the last point,
the CEO of Microsoft, it is as
over 15 million people with
chances of you trying to reach
newer and better, the project
when it comes to managing a
FAILURE.
was already a lost cause.
an imaginary standard you
he quotes “Once you embrace
their product.
lot of people under one roof,
Sometimes it is hard to see
unpleasant news not as a
have set up for yourself out of
Even Steve Jobs, the late
mistakes are inevitable but one
things that you have worked
RESEARCH ON YOUR
negative but as evidence of a
founder of Apple Inc. has said
sheer pressure of filling in
that the idea of death
the office shouldn’t reflect upon
front of you, but embracing it
motivated him to never fear need for change, you aren’t so hard on collapsing right in thing that may happen within REJECTION. someone else’s shoes.
Failing on a test is easier than

defeated by it. You’re learning
your clients and potential
and finding another route is
POWERFUL failure. The realization that from it. It’s all in how you something we have seen target market and therefore hearing your teacher won’t take DO NOT DWELL.
Just like food has a 3-second
your exam. As humans, we
life is temporary and could
approach failures.”
LESSONS ON HOW basic law of physics - the which is why the leaders of end at any given moment, Even the biggest names in the again and again which results always remain on top of your were raised in a manner where rule when it drops to the floor,
game, and apologize fast where
higher the climb, the harder is
the world all follow some
in a successful venture. The
CEOS TACKLE the fall towards failure. All of specific strategies and tactics failure seemed like a very industry didn’t shy away from managing director of Harvard necessary because leaving rejection hurts our ego more dwelling on past mistakes for
than generalized failure, yet
their struggles with failures
more than 24-hours is a
small price to pay. He said
things for assumption overtime
FAILURE AND the best leaders and to help them set themselves and we quote “All fear of and which is why all these Innovation Labs, Jodi will make people lose faith in this is where many of us stand complete no go. Some things
entrepreneurs are well versed
up for the best results even in
Goldstein said that one of the
have already happened and
embarrassment or failure —
in the line of normal and
great CEOs and entrepreneurs
SETBACKS in this agenda, and keeping the worst-case scenarios. these things just fall away in had their A-game straight. most important lessons she your work as well as your superiors. While rejection cannot be changed, so staying
morals.
their minds clear through any
Most successful people will
can teach her students is to
storm is crucial to reach the let you know that they faced the face of death, leaving only Some of the common tactics fail gracefully. If the top Ivy stuck in one place is not the
top of the ladder, which is their share of failure in some what is truly important.” to fight off oncoming failures League schools of the world LOOKING FORWARD. doorway towards more
In a world like ours, the only why you see their names on point of their career but no Apple was not a brand that can be maneuvered into a can prepare their students in Sometimes the trauma of opportunities. It might be the
way to survive the hectic the best listings and one can put it better into was built overnight and Steve synchronized music drop like this manner, surely there is failure can work up a end of one chapter but it marks
competition in the market is billboards around the world. words as the Co-founder of Jobs has had his fair share of the dramatic climax so that always something to take nightmare, yet it is important the beginning of a new one, so
to climb to the top – head No company was built Huffington Post, Arianna multiple failures across his when the tempo comes on top from a failed project and to know that there is nothing always keep your head forward
steady and strong. But like all overnight and none had a Huffington, who said “My career is known to the world, again, it gets the whole working around it with a that can be done to what and look for what is about to
things of nature following the straight path to the climb, mother used to tell me, yet it is the world’s top brand. orchestra into another level. positive attitude. happened in the past. The ideal come.
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