How Leaders Lose Their Luck, the Paradox of the Journey to the Top | Innovation & Institutions, Will it Blend? | Scoop.it

While researching his forthcoming book — Heart, Smarts, Guts, and Luck — co-author Anthony Tjan made a fascinating discovery: a surprising number of company founders and business-builders attribute much of their success to luck.

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There are ways we create our own luck, as listed on the innovation leadership companion post on this curation stream.  Becoming disconnected, as Anthony describes, on the way to the top, is one way for leaders to lose their luck.


Excerpted:


Almost 25% of those we surveyed came out as "luck-dominant" on the Entrepreneurial Aptitude Test we devised; many more gave luck at least partial credit.


...Here's the paradox:  Once they have made it to the top — after they've reached high levels of entrepreneurial or corporate success — leaders often become disconnected from the crucial lucky qualities and relationships that helped get them there in the first place. By definition, the top is less of a journey and more of an arrival point. A newfound reputation is difficult to risk.


We've identified seven attributes, and they are among the most difficult ones for leaders to master and maintain. They are: humility, intellectual curiosity, optimism, vulnerability, authenticity, generosity, and openness.


The post defines these and begs the question:


How do leaders reconnect to the reality, attitude, and relationships that can sustain and take their company's excellence to a new place?


Author:  Anthony Tjan is CEO, Managing Partner and Founder of the venture capital firm Cue Ball and vice chairman of the advisory firm Parthenon.