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Post by briandavis1 on May 8, 2014 14:01:21 GMT -6
Leaders with higher returns on luck are able to seize the moments of luck and not allow it to pass them up due to conflicts of interest.As a leader you need to plan for the worst and be ready for bad luck so that in case it happen you were prepare and you can react quickly.
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Post by asmith422 on May 8, 2014 16:03:20 GMT -6
I thought this video brought up some interesting points on being an effective leader. It's important to know what is going on around you and be familiar with your surroundings. You have to make your own luck as a leader you can't expect things to just happen the way you want them to. Make sure you plan for the unexpected because it will happen.
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Post by Rosie on May 8, 2014 16:12:05 GMT -6
I believe in luck, but I don't believe good managers create luck. Good managers make educated decisions to solve problems and create a productive work environment. Luck can happen, but a good manager does not rely on fate taking control of situations.
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Post by shantel on May 8, 2014 20:32:24 GMT -6
I definitely understand where the speaker was coming from in the video. I think the saying "luck is where preparation meets opportunity" sums up the video. Leaders have to be prepared for the situations that may occur. sometimes those situations you have to go out and find. To me that's how you create your own luck is by being prepared and finding the situations that best fits.
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Post by godwesso on May 9, 2014 13:01:35 GMT -6
How Great Leaders Make Their Own Luck
Morton does a great job at pointing out things that make great leaders great. But at the same time, a good return is sometimes not based on leadership skills. But with consideration of the environmental nature at the time. Being a successful leader is not just about having a great idea and putting it into practice or selling a good product, it is about preparing for both bad luck and good luck events. By that, I think Morton is talking about making sure business leaders understand the nature of the "unknown." He says the best leaders prepare for what might go wrong, commit themselves and their team to get the job done, and use empirical data to gauge the success of their products and services. A good leader prepares for bad luck events and understands the importance of seizing the moment in a good luck event. This is how leaders make their own luck; they prepare for opportunity.
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Post by jodiemalley on May 9, 2014 19:14:54 GMT -6
I do not believe that luck can be created. I have always been told to "Plan for the worst and hope for the best". So the only point mentioned in this video that I agree with is planning for bad luck. Having a plan for the worst can put you at ease when a bad situation occurs. So as far as a leader creating his good luck is ridiculous to me. Instead my take is that managers/leaders can make smart decisions that put them in the best situations.
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Post by gkboone on May 10, 2014 13:49:28 GMT -6
I really don't believe that any successful business got that way by pure luck of the draw. I think a leader must be creative and innovative in his or her thinking in order to have such "luck" talked about in this video. They are successful because they think of creative solutions to problems.
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Post by xingboma on May 11, 2014 0:04:10 GMT -6
Many companies believe that in luck to help them along the way and guide them when catastrophic events occur. But it truly the ones who prepare and anticipate an event for occur because eventually they will. Luck is not events that occur that bring you fortune, but rather, opportunities that arise that present great rewards. Anticipation, readiness, and seizing the opportunity is the key to a company's success.
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Post by karenwag on May 11, 2014 11:55:24 GMT -6
It is not about good luck or bad luck for managers. It is how you, the manager, handles the events that are thrown his way. Be prepared for bad things, or bad luck events. Take advantage of good luck events or when good things come your way. Seize those good opportunities and make the most out of them. This will make you the winner.
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Post by patiencedaigle on May 11, 2014 18:38:53 GMT -6
To me, anything that comes from "luck" is not earned. As a future leader, I want people to say that all of the outcomes for my company are a result of my hard work. It would be insulting to hear that I am a good leader just because I am lucky. I do like the idea of productive paranoia. It is a good thing to develop strategies for bad situations. Hard times are going to come no matter what. You'll only be one step ahead by preparing yourself for those situations.
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Post by stephaniesmith on May 11, 2014 21:35:24 GMT -6
I don't believe in straight luck. I think we should prepare for opportunities. I think that people get lucky more often than it is realized because they don't know how to handle this opportunity that is presented to them. Like the guest speaker said, the really lucky people didn't squander their luck. They saw it and seized it. We can make opportunities and cultivate them in our favor.
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Post by kierras91 on May 11, 2014 23:14:05 GMT -6
Motivation and determination is all apart of a leaders character. If there is a will there is always a way and leaders know this. Something will always work out. You don't need luck if you have will and that's what the video is saying.
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Post by paigecrawford on May 12, 2014 10:29:07 GMT -6
In this video he talks about great leaders and "big luck". I noticed that he said that these leaders really tested out the concepts and products before they bet. It is not really "luck" in my opinion. It is the fact that they have tried it out several time in small ways before they do it in a big way. These leaders know that where there is good luck, there is also bad luck. So they prepare for the bad "luck" and he says that these companies did not have more lucky opportunities then not but that they got a higher return on their luck.
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Post by kaitlyncampbell on May 12, 2014 13:36:34 GMT -6
What sets an ordinary leader from an exceptional leader is protective paranoia, fanatic discipline, and have empirical creativity. I don't really believe in creating luck but I believe in a leader being able to shape the success they have. I believe that great leaders should plan for the best but always expect the worse. Great leaders are always prepared for what could happen and if they are not they react quickly and efficiently to a situation.
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Post by jprend on May 12, 2014 16:13:42 GMT -6
I really did find this video very interesting and helpful. I will take this information into the work force with me. Leaders make their own luck because they are motivated and they know what they want and will not stop till they get it. I think this is very true, leaders take control and set their mind to a goal. But I do not feel like leaders make luck they just make a well thought out plan that allows them to be successful. Productive Paranoia. Fanatic Discipline. Empirical Creativity, are the three skills that help leaders have this luck.
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