One of the symptoms of a losing streak is a turnover of top executives. It's a revolving door.
Perpetuating success or sliding into decline is the result of many intersecting forces that reinforce one another directly and indirectly. They are both cause and effect of winning or losing. Winning generates positive forces, losing generates negative forces.
"Leadership" is a big topic today. We know that the world - nations and communities in addition to companies - needs more and better leaders. So I wanted to explore how leaders make a difference, how they can shift a negative cycle, turn around a losing organization, propel a team to victory when conditions aren't perfect. I saw that what leaders do is build confidence in advance of victory. Then the confidence they produce makes the hope of success turn into the reality of success, because people behave differently when they are surrounded by a culture of confidence.
The behavior of people and the culture of an organization are very different in winning streaks and losing streaks. But what both have in common is their momentum - once winners' or losers' habits and culture take hold, they tend to perpetuate themselves.
I've been looking at companies that are on a positive path vs. a negative path and I've come to use the language of sports, winning streaks and losing streaks.
The goal of winning is not losing two times in a row.
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