Q: I’m an intrapreneur in my company. I come up with and execute revenue-producing ideas with little risk to me personally. But when a great idea goes bust, I have a hard time shirking it and moving on. I think this tendency will come to bite me when I’m my own boss someday. Transitioning is hard, what to do? Dan R. Toronto, Canada
“Transitioning” has a broad definition. For those who have the gift of hyperfocus, breaking away from one activity to move on to something else is challenging. You know you need to stop, but you need a team of wild horses to drag you to the next activity. Others need lots of time to stop thinking about one task so as to start thinking about the next task. For example, you may find yourself in a meeting with your accountant, and as he points out the numbers, your “guy in the basement” (see blog from 5-8-18) is still stuck on the design of your packaging.
Dan’s transitioning concern is about moving on emotionally from a failed project to a new idea. Even though he experienced no personal financial loss, the time spent grieving, blaming and shaming wastes time and energy. Lots of hands go up when you ask founders if they know what Dan is going through. One solution is to step back and examine the situation like a scientist peering into a microscope − what went wrong and how you can avoid these mistakes the next time around. Common missteps to avoid in your next project include:
- communication failures between persons and departments
- no “walk through” period to identify weaknesses or ambiguities in the process
- identifying persons key to the success of the project who were not suited or not in favor of the project from the start– the stealthy saboteurs
- a lack of oversight during the rollout; poor monitoring the money, service quality and customer feedback.
Swallow that “jagged little pill” and take responsibility for the failure. Even though others may have contributed to the project’s demise, release your grudges. These persons know who they are, what they did and realize they have let you down. You have learned something new about the people you work with. Be professional and remain cordial. Note that especially in small companies, you may need these folks again in the next project. Perhaps, next time, they’ll step up to the plate.
Emotional self-regulation is a core executive function that every self-starter needs to master. Learn about effective, non-medication ways to manage your emotions and make transitions easier. Contact me at [email protected]