Tuesday, June 27, 2006

The Excellence Economy

It's not how much you know, but how powerful your blow.

Indeed, your actions (and the quality of the resulting outcomes) show accurately what you know. However, what you know doesn't necessarily show how effective you would be in a real-life situation.

Bruce Lee put it this way: "I don't fear the man who knows 10,000 kicks, but the man who practiced one kick 10,000 times."

Don't worry, this posting is not about martial arts. I only use martial arts as an example to illustrate the new success requirement in today's super-competitive economy.

In the old economy, you could be considered a successful professional if you did the job you were hired to do.

Today, it's different. There are so many learning and training technologies out there that you can bet your competitors are getting better and better, every single day.

In other words, it's no longer enough to merely do one's job well. An ambitious person has to continually learn to execute flawlessly the task that he was hired to do.

This drive to excel, by the way, doesn't have to be stressful. It can actually be enjoyable.

The only thing required is to know precisely WHAT it is that you want to become the best at.

The next step, if you are socially courageous enough, is to PUBLICLY state your goal of becoming the best at __________________. In other words, let your friends, family, coworkers, etc. know about your resolve to become the best at __________________.

Once they know, they will be in a better position to help you, for instance by forwarding relevant information, resources or contacts who can help you become the best.

Once again, being the best at what you do is not a matter only for ambitious people. Being the best is necessary for SURVIVAL in today's global economy.

Many experts say we are living in the "knowledge economy," but I think they are behind. We are in fact living in the Excellence Economy.

Once again: "It's not how much you know, but how powerful your blow."

The people who will thrive are
  1. the people who are excellent in using what they know to accomplish an important task
  2. the people who are excellent at doing what it is that they do