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Friday, May 8, 2015

10 Behaviors of High Achievers


I remember the conversation like it was yesterday. After lobbying to absorb yet another project into my ever-growing engineering group, something was bugging me. “It’s like I can’t get enough,” I confided in my manager. “It sort of scares me.” Finally, I asked, “Am I power hungry?”

“No, Steve, I don’t think you’re power hungry,” my boss replied. “You’re just achievement oriented.”

Relieved, I thanked him for his time and went back to work. It was only later that I realized I had no idea what he was talking about. What the heck does “achievement oriented” even mean, I wondered.   

If it sounds like I was a bit naïve, I’ll cop to that charge. Unlike today’s up-and-comers, we didn’t really spend a whole lot of time thinking about ourselves back in the dark ages. But that never stopped some of us from reaching for the stars, even if we had little understanding of why we did it.

I believe that, among a number of other behavioral elements, explains why certain people are consistently high achievers.

1. They do without obsessing over why.
The common thread between every successful overachiever I’ve ever known – and I’ve probably known hundreds in the tech industry alone – is that they’re born doers, troubleshooters, and problem-solvers. If something important needs to be done, they’ll figure out how to do it, no questions asked.

2.They have no patience for the status quo.
If you tell these people how something is done, how it should be done, that it can’t be done, or why it can’t be done, you’re likely to be branded as “part of the problem,” treated with disdain, and shunned. They simply have no tolerance for bureaucrats and negatrons.  

3. Their passion and drive inspires others.
Let’s face it, it’s like a religious experience sitting in a room with these people or hearing them speak. Once they’ve set their sights on accomplishing a mission, to them, it may just as well be finding the Holy Grail or the true meaning of life on Earth. And I wouldn’t bet against them.

4. They’re never satisfied with their achievements.
In What They Don’t Teach You at Harvard Business School – a book I recently learned, to my horror, many Millennials have never heard of – Mark McCormack sites profound “dissatisfaction with their own accomplishments” as a defining characteristic of true champions. 

5. They live for the challenge.
If it’s easy, anyone can do it; so what would be the point? It’s the obstacles that make it fun. That’s why people who accomplish great things don’t let challenges stand in their way. The harder it is, the more they want to do it. That’s the fun part, the gratifying part.

6. They never admit defeat.
We often note how successful entrepreneurs overcome setback after setback before achieving what they set out to do. That’s actually a double-edged sword and sometimes gets them into trouble. While stick-with-it-ness is an admirable quality, sometimes you’re better off cutting your losses and moving on. Unfortunately, it’s hard to tell the difference.

7.They need to win ... desperately.
Competition gets a bad rap these days. The problem is people misunderstand it. The need to win isn’t sadistic or personal. It’s not that we want to see the other guy grovel in the sand. It’s just that, for us to win, our competitors have to lose. That’s simply how competitive markets work.

8. They have a chip on their shoulder.
Accomplishment-oriented people don’t typically concern themselves with why they are the way they are. Nevertheless, they often appear to have something to prove. Usually that stems from growing up with adversity, as we’ve previously observed with respect to Alibaba chairman Jack Ma, Softbank CEO Masayoshi Son, and Starbucks founder Howard Schultz.

9.They are not political players.
Don’t get me wrong: in politics, everyone is a political player. But in the business world, accomplishing and winning is based on merit. That’s why true achievers are not into finger pointing, backstabbing, or hogging the limelight. There’s simply no point.

10.They’re not necessarily paragons of virtue.
While I’d love to tell you that overachievers never overdo it, we both know that’s not true. Some have a hard time distinguishing ethical behavior from the ends justify the means. And once they start down that slippery slope, look out below. I’m not sure if it’s any consolation, but that usually involves mitigating dysfunction.

As a final thought on the subject, there is a flipside to being so driven to achieve. People like us don’t rest easy. I often quote Robert Browning’s famous line from Andrea del Sarto, “Ah, but a man’s reach should exceed his grasp, or what’s a heaven for?” Always reaching for the stars is like never having a dull moment, but it can be exhausting. It’s definitely not for everyone.   

CRDB to float shares worth 150 billion/- to boost its services

CRDB Bank Managing Director, Dr Charles Kimei.

CRDB Bank is expected to collect 150bn/- from selling shares to shareholders as part of the bank’s initiative to boost its services in the next financial year.

Speaking ahead of this year's shareholders meeting, the bank’s managing director, Dr Charles Kimei said that the amount will be used by the bank to expand and improve its services.

He said the amount is to be approved by the bank’s shareholders who are expected to start their meeting on Friday in the safari capital of Arusha.

Kimei said that the 150bn/- will be an increase of 20 percent of the bank’s capital base. “The bank’s capital base is at 400bn/- which is not enough to meet bank’s demands, that’s why we are thinking to increase it by 20 percent.”

“We have a number of things to do, which needs money and when we sat down we decided to float shares to our shareholders,” Kimei said, adding that those shareholders who won’t be able to buy those shares they will sell those shares to the new bank’s investor.

He said the new foreign investor is expected to buy shares amounting to 100bn/-.

“Our shareholders will be buying shares at a cheaper price compared to those shares which are to be sold to the new investor and the difference will be the profit of our shareholders,” he said.

The official said that the projected amount will be spent in expanding services and improving bank’s ICT systems.
According to Kimei, the CRDB Bank's subsidiary company in Burundi has been performing well and since last year they have started registering profit.

“This is what makes us to eye for other foreign markets,” he said.

On the plummeting of Tanzanian shillings, the bank’s senior official blamed politicians for politicizing the matter, saying: “The weakening of shillings have a positive benefit to Tanzanian farmers. Their crops will be bought as people may stop importing food stuffs from abroad. Even importation of sugar will come to an end as the locally produced sugar will become cheap.”

He suggested the need for the Tanzanian shillings to be measured by the market.
The bank’s shareholders meeting is expected to bring on board more than 1,000 shareholders from across the country.

As of November 2014, CRDB Bank has a network of 118 fixed branches, 13 mobile branches, 984 Point of Sales (POS) terminals and 335 Automated teller machines, in all regions of Tanzania.


BY LUSEKELO PHILEMON
SOURCE: THE GUARDIAN