Building a Business on Passion
I was recently thinking about what makes a great person in the business i run and the common trait that kept coming to mind was PASSION.
It seems to me that my team members who are truly great are those that display unflagging passion for what they do. They don’t focus on what is in it for them, they focus on what they want to achieve for the business.
It was then interesting when i read a recent article that compared GE’s approach of rating people as either in the top 20% or bottom 10% with hiring people that are passionate. It basically proposed that simply rating people based on quantitative measures may miss the one vital ingredient – passion.
I agree with this. I think you need to employ passionate people as they will go above and beyond, they will more often than not make the right decision, and they will be very loyal allowing you to change the direction of the business. The other good thing about passionate people is that they will tell you what they really think. This allows you to get true and honest feedback from all parts of the business.
So the lesson i have learned is that sometimes a person may not be a top performer but if they have passion that is well intended and well directed you should probably work hard at finding the right role for them in the business rather than letting them go.
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