Week 20.40 The Price You Pay
Scott Osman
CEO @ 100 Coaches | Co-Author WSJ bestseller Becoming Coachable, named to Coaches50 by Thinkers50
I had so many things I was thinking of writing about this week until the Marshall Monday call this morning, and now the only thing I can think about is Marshall’s latest insight “The price you pay when you don't pay the price”. This is an ongoing conversation that is going to evolve, for the moment, chew on this. E=MC2 conservation of energy and mass can be translated into C=BR2 in which the cost is the benefit x the risk squared. Cost includes your time, money, relationship (family, friends), health, comfort, opportunities. It is a sobering view of life in which we recognize that much of what we do comes with a tradeoff and we are working with finite inputs (even Jeff Bezos does not have infinite time)
You pay the price when you don’t pay the price is a wake-up call. It is ringing a bell that says that even when you don’t make the calculation, the calculation is made for you. Want to be fit and work out 2 hours a day - great, where is that 14 hours come from? As my guru Harry Kraemer says, everyone has the same 168 hours to spend every week. No one gets an extra hour. So when you take time to do one thing, you have to take it from something else.
On my better days, I like to think that there are times that I am paying a price and other times that I am making an investment. My happy place at the moment is binge-watching West Wing - the time I spend it the price I pay for living in the world of my dreams. On the other hand, when I am collaborating with some of the fabulous 100 Coaches such as Sharon Melnick, Oshoke Abalu, or Mark Thompson I am making an investment. The time I spend will pay off in my feeling of accomplishment in supporting their growth and the growth of the organization and is fully aligned with my mission of cultivating leaders and curating community.
Time. Money. Relationships. Today I am a little more aware of their value and how to assess the tradeoffs that they imply. At the end of the call, Marshall asked us to send him examples of times we took a risk and failed. I invite you write times that you took a risk in the comments. The opportunity in the challenge of COVID is to see what we did not see before, and for me, understanding that there is a price to pay when you don't pay the price is one of them. To watch the call click
Extra Time? Get Out the Vote!
Amii Bernard-Bahn is very excited to introduce VOTunteer, the nationwide nonpartisan effort her friend Jeff Atlas created to recruit election poll workers. In partnership with VolunteerMatch and Power the Polls, they hope to recruit 50,000 election workers. Don’t sit on the sidelines of history. Democracy needs you. PLEASE, PLEASE share this with your friends. Thanks! Link: https://votunteer.org/
Marshall Goldsmith Receives i4cp’s Industry Legend Award
Marshall Goldsmith, recognized as the world’s #1 leadership thinker and #1 executive coach, was presented with i4cp’s inaugural Industry Legend Award in appreciation of his outstanding contributions and commitments to the fields of human resources and leadership. He accepted the award following his closing presentation at the i4cp 2020 Next Practices Now Conference.
Amii Bernard-Bahn Leadership Roundtable: Coaching Successful Culture Leaders
In MG100, we help great leaders become outstanding. We also have the unique opportunity and responsibility to support leaders in cultivating a healthy workplace culture, where all employees can do their best work. Sounds basic — but the reality is, leaders run into a myriad of obstacles and they need help navigating the ever-present, potential pitfalls and downfalls – think Enron, Wells Fargo, Theranos, Boeing, etc. Organizational politics, conflicts of interest, and pressure to perform create a range of scenarios that require courage in action and a steady ethical compass. In most cases, building a healthy corporate culture can prevent a future train wreck. In this interactive session, former Fortune Global 50 exec and consultant Amii Barnard-Bahn will guide you through a simulation based on real and messy situations that Amii and her clients have faced, in order to help you:
- Balance common business challenges with workplace culture, risk appetite, and your individual consulting style
- Identify some of the more, subtle leadership roadblocks and patterns
- Have fun and team with your MG100 colleagues in solving complex scenarios and share leadership best practices based on your experience
Amii has led strategic initiatives, shaped culture, and coached leaders and executive teams from Fortune 500 companies to startups and nonprofits. Get ready to engage your heart and mind in an inspiring and robust discussion of what it means to develop leaders that grow healthy workplace cultures!
100 LEADERS LIVE
100 Coaches has joined forces with WBECS to announce an exciting new event designed for leaders to reimagine the future of business - together.
Registration is now open for 100 Leaders Live - a virtual, 3-day event bringing MG100 leaders together to share the best in business thinking. We invite you to join this Summit and to share this experience with any leaders in your community who you believe would find value.
Discover how certain organizations have flourished during these unprecedented times of change. This online event creates a space for a unique exchange of ideas and insight - all at zero cost.
Register to attend the complimentary 100 Leaders Live 3-day Summit
You’ll get access to a host of exclusive features, including:
- 17+ Live Sessions* - Learn remotely from the world’s leading experts on the latest leadership insights and business strategies
- Leadership Panel discussions - Leaders, Founders, Executives & Entrepreneurs talk about the most prevelant topics in business today.
- Integration Mastermind Sessions - Dive deep into the practical application of your learning with other leaders from around the world
100 Leaders Live enables you to connect with some of the most brilliant minds in business - without any cost or travel time required. Register to attend 100 Leaders Live today
HAPPY BIRTHDAY Doug Winnie Oct 8 and Jenny Blake Oct 9
And, as always, thank you, Marshall, for making all of this possible
With love and gratitude
Scott
Entity HR Head at NUMERIC INDIA - A Group Brand Legrand | Strategic HR Value Creator | Content Creator | Mentor | NLP Coach |
4 年Congratulations Marshall Goldsmith for i4cp’s inaugural Industry Legend Award?!!!
Entity HR Head at NUMERIC INDIA - A Group Brand Legrand | Strategic HR Value Creator | Content Creator | Mentor | NLP Coach |
4 年Scott Osman Congratulations!!! The 100 Coaches conference was simply brilliant. The insights shared were so powerful. Loved this article shared.
#1 Global Resilience Coach ? Keynote Speaker ? Best Selling Author ? Executive Energizer ? Resilience Pioneer ? CEO, Resilience Oasis
4 年Scott Osman, so great you are sharing our letters more broadly. Thank you. #resilience
Co-Founder + Creative Director | Fast Company Most Creative People
4 年Scott Osman really appreciate how you expanded the MG100 newsletter on LinkedIn to our external audience ????!
Member Marshall Goldsmith 100 Coaches. Marshall Goldsmith Certified Leadership, Executive & Team Coach. Global Leadership Coach. Helping Leaders Become The Leaders They Would Follow. Visionary Leadership Coach.
4 年Wonderful Scott Osman! A massive thank you for the incredible work you put into this!