Recently Patty and I met up with our financial advisor to walk through our long-term finances. A key component of that discussion was about our net worth, defined as assets minus liabilities. While we had a very fruitful discussion that resulted in some great take-aways, it got me to thinking about how easy it is to focus on a single aspect of one's life and derive how good (or bad) one might be doing based on that aspect. Don't get me wrong; one's net worth is certainly an important measure that needs to be tended to. My point is that there is more to life than net worth when looking at your overall contentment. This hit home for me with the suicides of famous figures Robin Williams, Anthony Bourdain, Kate Spade, and others. These are people who appeared to have it all but to them something was so missing that it caused them to commit a horribly sad act. Lives ended too early; my prayers go to their loved ones.
In thinking about contentment, I looked hard at what, to me, are the most important driving factors behind contentment. Keep in mind my analysis is not from a point of scientific expertise; rather it is from a point of practicality as to what I think are the most important drivers. I've honed my list to 8:
Now I completely realize that some of these above drivers are extremely important to some or not at all important. My point is not to second guess your importance level; what I do believe necessary is to decide how important each of the above drivers are to you. If something is not at all important to you then that is certainly your choice. Just be mindful of avoiding something that could adversely impact you later. As example, if you say financial contentment is not at all important and you decide not to financially plan for the future then you might be creating a problem for yourself later in life.
So what now? I put together a simple excel spreadsheet which allows you to assess, for each of the contentment drivers, how important it is to you, what makes you content, and how you could be more content. I think it's important to articulate both what makes you content and how you could be more content for a couple of reasons. First, it allows you to celebrate things you are already happy with. Second, it enables you to improve on some things which you may already be doing well.
If you find this helpful, you can download the excel template to help you self-assess yourself based on the 8 drivers. Download it here.
As always, would love to hear what you think. let me know your thoughts in below comments.
Some time back I was having breakfast with a couple of guys that I work with in one of the organizations which I volunteer. In this organization, I have been leading a group of about nine men for about four months to set a vision for the group, decide upon our key focus areas, and lay out activities which the group will undertake for the next year. I was very pleased with how the team "gelled" and the fact that we seemed to be moving the ball forward towards meeting our vision. During breakfast, one of the guys told me that, by and large, the team was happy with me but a couple felt that I came in too heavy-handed and authoritarian. Blech.
As leaders we have a responsibility to ensure that our area is managed effectively and that we are driving the organization to achieve its stated objectives. We also have a responsibility to grow the next generation of leaders to ensure that the great work we've done continues on after we've moved on. Keep some of these nuggets in mind as you ponder making the next generation of leaders great:
Brad was an incredibly bright young executive with a very promising future. Ever since graduating college, he seemed to take on increased responsibilities in his company like a duck to water. He married his college sweetheart, Nancy, right after graduation and has two small children. Brad's talent didn't go unnoticed in the industry, with several competitors approaching Brad about his willingness to join another firm. He steadfastly resisted, that is until the offer of all offers came his way.
Cantata Group, a larger and more prominent competitor to his current company, wined and dined Brad and ultimately offered him a VP position with a higher salary and better benefits. The offer was too good to pass up so Brad talked with Nancy about the job and they both became enamored with how this was going to advance Brad's career and what they would be able to do with the extra money. Brad joyfully accepted Cantata's offer, gave his current company two weeks' notice, and started in his new VP role.
Within a year of joining Cantata, he noticed some unexpected side effects of his new position. He was required to be in weekly global executive virtual meetings which could happen at any time of the day or night. He was routinely working 60+ hours a week, missing dinner with Nancy and the kids. He traveled at least once a week, many times to put out fires at clients. His eating habits were horrendous and he wasn't exercising due to his schedule. He began putting on weight. Nancy was frustrated with him not being around and his kids missed their daddy. The stress was unbearable and led to Brad one day grabbing his chest and collapsing during a customer meeting.
As a small business owner I’ve had many many discussions with colleagues about my products and services. Throughout these discussions I have gleaned some outstanding pieces of advice about things I should be focusing on and ideas that I should be pursuing. I also have been on the receiving end of some pretty random ideas which may have had some merit in the eyes of the beholder but just didn't seem to fit well with the direction that I want to take the business. One colleague of mine got pretty peeved with me because I wasn't executing upon his advice. The truth is, his advice just didn't align with the other advice I was getting and didn't fit well with the direction that I want to go. I stuck with my spider-senses and didn't execute upon his advice.
Project management is changing….it's becoming more strategic, more mainstream, and not just synonymous with technology implementations. Today's PM needs to be more than technically adept or be able to whip out a gantt chart. Get a read on some of these crucial skills the everyday PM will need to succeed:
Secrets of success? Oh puh-leeze. There aren't any secrets of success in my opinion. Success is achieved through things that we've been taught to do for years and years. Good old-fashioned hard work is one of your strongest foundations to ensure meeting your life goals. In addition, building the following pillars on the foundation of hard work will increase the likelihood that you can meet those goals and achieve your dreams. Check out these four pillars and see if any resonate with you:
Just about every seasoned project manager has experienced at least one failure in his or her career. I am always skeptical of the experienced PM who says "I've never failed". They're either lying or don't have experience. Some of my best (and most painful) growth as a professional occurred because of a failed project. Project managers can redeem themselves and maintain credibility by doing the following:
A couple of years ago I did an interview on what a manager can do to regain trust when he or she has screwed up royally. I thought the points were particularly pertinent to many of my subscribers so I thought I'd print excerpts from the interview here:
He hadn’t researched my company, didn’t understand what products we developed beyond our flagship product, and didn’t know what types of jobs we were looking to fill. The most amazing thing, though, was that he came in expecting me to sell him on the company versus him demonstrating why he was someone worth pursuing. My decision was made in the first minute of the interview. It was my easiest interview of the day.
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