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Monday, August 12, 2024

10 Leadership Lessons From the 2024 Paris Olympics



Every four years, the Olympic Games bring a spectacular display of sporting prowess to the world. They also showcase the power of human endeavor and the importance of teamwork, along with a host of positive role models.

Like millions of others from around the globe I have been glued to the TV watching the Olympics over the past 2 weeks. We've seen best and brightest athletes push their bodies to new limits, and remind us that our best human qualities — determination, perseverance, innovation, sacrifice, and camaraderie – know no bounds.

As much as the Olympics represent the pinnacle of the sporting world, they are also the source of a number of inspiring stories that showcase both the human spirit and what we can accomplish when we strive to be our best.

To that end, I’d like to share some important lessons for leaders on how to guide their organization to succeed and thrive, regardless of the challenges that stand before them.

Lesson 1: Olympians know no goal is impossible with the right mindset. If you want to succeed, don’t lose sight of your goals. Stay unwaveringly motivated. Your focus determines your results. Focus on the right things.

Lesson 2: Olympians keep score. Olympic athletes know how they are doing all the time. They have ways to measure both actual results and measurable progress throughout the process. They can correlate their progress and success because they keep score in precise and strategic ways. If you want greater performance, you must follow their lead. 

Lesson 3: When Olympians suffer an inevitable setback, they don’t let themselves succumb to doubts. You can’t compete at the highest levels without inner-confidence. And when you do get a taste of success, don’t rest on your laurels. You have to pivot, hone in on the strengths that have carried you so far, and overcome adversity with perseverance.

Lesson 4: There’s no substitute for surrounding yourself with the best possible team. With the right players, there’s no limit to what you can accomplish. Don’t compromise on talent, and hold yourself to the lofty expectations people will place on you.

Lesson 5: Olympians break through excuses. Many businesses will face immense challenges on the road to success. They will also be presented with opportunities to overcome these challenges. Don’t squander your potential with self-imposed limitations. Don’t make excuses for why you cannot engage more fully. Capitalizing on your chances is a matter of being dedicated and sacrificing for the greater good of the business.

Lesson 6: Olympians never stop learning from mistakes. In business you need to measure everything so you can analyze how to be more effective, more productive, and more profitable in the future. What gets measured gets improved. You never settle for good. You always strive to be great. It’s an attitude of constant improvement.

Lesson 7: Olympians understand the value of continuous improvement. Top athletes know that no matter how great they may already be, there is always room for improvement. While they celebrate their success, they are also constantly working to get even better. It’s that drive for continuous improvement that got them there, and they know that drive is what will most likely keep them there.

Lesson 8: Olympians give 100% commitment to their goals. You have to give 100% commitment to what it is you want to achieve. Without a doubt those that are competing have committed themselves 100%. They don’t expect it to be easy and are ready and willing to do what it takes.

Lesson 9: The bar is always being raised ever higherOlympians know that the excellence in their sport is always being pushed to higher levels. In order to be at the top of their sport, they have to be trying new things and pushing the envelope. If they don’t constantly improve, they will be passed up.

Lesson 10: It’s not just about winningNo doubt that every athlete that ever has or ever will compete in the Olympics has dreamed about winning the gold. Yet only a very small handful actually do. Those that don’t will still feel a huge sense of achievement in reaching the level of excellence required to even get into the games.

It’s not just about the winning, it’s also about the discipline, the belief in oneself, overcoming hardship, camaraderie, and the feeling of being surrounded by excellence.

To achieve success businesses and leaders within them need to take a long term view. The reality is there is no shortcut to success. These lessons above show how we should approach our leadership and guiding the people we lead towards achieving our shared goals.

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