ego presentation01-1
DESCRIPTION
A presentation on why managing the ego is a critical part of leadership.TRANSCRIPT
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The Ego Has Landed…
And gone for a long lunch…
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What is ego?
• Latin meaning; ‘self’ or ‘I’
• One of three major parts of the personality
• Operates on the principle to get the demands of our ‘id’ met
• Our ego develops between 2 - 3 years old
• Inflated feeling of pride & superiority
• Formed by past experiences of reality
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Why its important?
• Management to leadership changes
• Emergence of the narcissistic society
• Sense of entitlement
• The power of self expression
• Expectations are changing
• Emergence of art in business
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“General, I’m ending the Cold War and you’re going to have to find yourself a new enemy.”Premier Mikhail Gorbachev to General Colin Powell
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“For the past 28 years everything the American people and I worked so hard to gain no longer matters in an instant.”General Colin Powell
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Greatest assetor most expensive
liability?
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Costs of ego
• 53% of business people estimate 6 - 15% of annual revenue
• 21% say it ranges from 16 - 20%
• Translates to $1.1 billion to the averageFortune 500
Jerry Pinney
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Somewhere along the line…
• We decided that we must get rid of it
• We are what we do
• Essentially part of our personality
• One side aggressive, the other too meek & mild
• Ego is a necessary part of leadership
• Ego protection or ego glorification
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Its not over indulgent egos
or tiny egos, its big hearts that inspire the greatness in people at
work!
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Warning signs of a bad ego
• Too much comparing and competitiveness
• Defensiveness
• Showing off
• Trying too hard
Marcum & Smith
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Other signs
• People thinking me first, company second
• Bad decision making
• Taking it personally when someone disagrees
• Compulsively following a competitors lead
• Comparing external environments to your own
• Disagreeing with an idea because its not yours
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Continuums….
Bad Positive
Arrogant to Self confident
Insensitive to Heartfelt
Hard of hearing to Listener
Inflexible to Flexible
Hard to Emotional
Knows it all to Betterment
Status quo to Re shaping
Big ego to Natural ambition
Illusion to Reality
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Taming the ego
• Become an observer
• Show our ‘voonerables!’
• Accept constructive criticism
• Let go - control to influence
• Share
• Participate
• Broaden horizons
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Impacts in the future
• Locking the ego into a fixed position stifles change and creativity
• No man is an island anymore
• Over imagined egos will not be tolerated in society anymore
• Power has shifted
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Developinga balanced ego
• Humility
• Curiosity
• Veracity
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Steve Jobs : Apple
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Mark Zuckerburg : Facebook
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Tony Hayward : BP
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Bill Gates : Microsoft
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Final points
• Realise our size in proportion to the universe
• Realise we are only who we are because of others
• Everyone is equally important
• Realise the inherent impermanence in all things
• The importance of humour
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A good old dose of humility!
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Questions…