Competencies vs. Confidence vs. Success

Confidence in what you are doing at all levels in the company is critical; especially for the high-risk businesses of construction contracting.

D. Brown Management Profile Picture
Share

Sustainable success comes when this confidence is kept in alignment with the competencies required to effectively serve the customer.

Leadership Tools: Competencies, Confidence, and Success.

COMPETENCIES

  • Know clearly what competencies are required to effectively serve the customer at an individual level and aggregated team level.    
  • Rigorously look at your workflows and where you can reorganize them to close some of the competency gaps at the team level through work reassignment.  
  • Relentlessly work on closing those competency gaps individually and as a team.  

CONFIDENCE & SUCCESS

  • Many times your competencies are actually much higher than your confidence and that will impede success because you are afraid to take risks that you are more than competent enough to take.
  • Success breeds confidence and that leads to more success - up to a point. All decisions carry risks and as long as you are 15% confident in an outcome that has a 15% chance of success all reasonable people will act appropriately. If however you are 30% confident in that decision you. This is when failure starts to creep in.  

"There's nothing like biting off more than you can chew, and then chewing it anyway. "

Mark Burnett

Remember Icarus and flying too close to the sun…


An outside perspective is a critical tool for helping you keep your team’s confidence and competencies in alignment.




Cash Flow Tip 17 - Cascading Reporting Systems
Developing rigorous weekly Operating Rhythms in your business will help everything run smoother just like they do at the project level.
Appearance and Experience of Management Control
As your career develops and you grow into roles of greater responsibility, one of the biggest challenges is what Jennifer Garvey Berger calls “The paradox of the appearance of increasing control and the experience of decreasing control.”
Problem-Resolution Cost Pyramid - Earlier is Always Better
An easy way to visualize the cost of problem resolution at different stages of construction is with this pyramid. The cost of the problem is the cost of the problem (1X). Finding it ahead of time minimizes the costs and maximizes customer satisfaction.