Success Sours When Arrogance Replaces Humility

Soured Success
Leaving a path of working with others and satisfying others

to focus on satisfying your desire to feel special

The African National Congress (ANC) began in 1912 as the South African Native National Congress. It was renamed in 1923. South Africa began creating laws to segregate blacks in 1856. After the all white government of the National Party took power in 1948, it began enforcing apartheid laws. The ANC took the lead in fighting apartheid. The white government banned the ANC from 1960 to 1990. Nelson Mandela was one of the ANC’s leaders. Under pressure from within South Africa and from around the world, apartheid ended and Mandela became a free man again. Nelson Mandela won the election for the presidency of South Africa in 1994.

Nelson Mandela was a man who intentionally lived humility. He worked for human rights and human dignity. He did not work for his own power. The ANC continued its hold on power with Thabo Mbeki, who succeeded Mandela as president. His own party asked Mbeki to resign in 2008. His administration was incompetent because of nepotism and corruption.

Jacob Zuma succeeded Mbeki. His administration was “disastrous”. Infighting and corruption led to Zuma’s resignation.

Matamela Cyril Ramaphosa followed Zuma as president of South Africa. He enjoys more trust with South Africans after Mbeki and Zuma. The anti-corruption watchdog has accused Ramaphosa of corruption, which he denies.

The ANC has apparently decided to ramp up its arrogance.

So true is the fact, that we see this even today in the
ruling party. There is growing anti-intellectualism
within the ANC. It’s wanting that the ruling party
responded so negatively to a book they had not read –
labelling it fake news. The ANC is following the
growing trend where those in power fail to engage
by “othering” those who show their underbelly.“

So much for the human rights and human dignity that humble Nelson Mandela worked for.

In reality, only Nelson Mandela was humble. ANC leaders seem to have been frequently if not always arrogant. While banned, ANC leaders had formed alliances with leader of Zimbabwe Robert Mugabe and leader of Libya Muammar Gaddafi. ANC training camps included “a lot of corruption, a lot of thuggery.”

The humility of Nelson Mandela contributed to the ANC’s greatest success. The before and after arrogance of its other leaders, however, soured that success.

ANC leaders left Nelson Mandela’s path of
working with others and satisfying others
to focus on satisfyng their own desires to feel powerful.

“ANC shows remarkable ignorance and arrogance in stance on Ace”
Palesa Lebitse
Sowetan Live
April 9, 2019

“Apartheid”
History.com
October 7, 2010

“Apartheid Legislation 1850s-1970s”
South African History Online

“The disastrous legacy of South Africa’s President Jacob Zuma”
Economist
February 15, 2018

“How the ANC Lost Its Way”
Alex Perry/Bloemfontein
Time Magazine
January 16, 2012

Nelson Mandela
Nelson Mandela Foundation

“Mandela Remembered For His Great Humility”
David Lazarus
The Canadian Jewish News
SDecember 6, 2013

“Mbeki’s Legacy”
Marian L. Tupy
Cato Institute
September 22, 2008

“Political legacy of scandal-hit South African leader Jacob Zuma”
Joseph Cotterill
Financial Times
February 14, 2018

“South Africa: Relief for President Ramaphosa in corruption case”
AlJazeera
August 12, 2019

“Walking hard, getting nowhere – but Ramaphosa still enjoys a 62% approval level”
Ferial Haffajee
MSN News
February 10, 2020

~~~~~

Paula M. Kramer
© 2015 to the present
All rights reserved.

Posts on this blog alternate with posts at the link below. Posts for both blogs are published on Wednesdays as they are ready to be published. Time between posts could be weeks or months.

blog.speakingfromtriumph.com

Keep reading this blog for examples of 8 success choices and 8 failure choices. Use the examples to spark success and fight failure.

Standards For Success Posters

Success & Failure Choices

Resource Websites

smilessparksuccess.com

speakingfromtriumph.com

Business Directory

betterplanetbusiness.com 

Reputation Management Directory

myrecordnow.com

Even An Industrial Powerhouse Can Sour When It Stops Doing The Nuts & Bolts Work

Soured Success
Leaving a path of working with others and satisfying others
to focus on satisfying your desire to feel special

General Electric (GE) was formed in 1892, a merger between Edison General Electric Company and Thomson-Houston Company. Over the years GE’s research lab would give the world:

x-ray machines
(including portable ones)

electric locomotive

technology for voice radio broadcast

electric kitchen appliances
(including the first air-tight refrigerator,
making microwave oven technology possible)

trans-oceanic radio

LED lights

solid-state lasers

self-cleaning ovens

magnets that were precursors to MRI machines

fluorescent lights

GE also contributed to:

industrial plastics

early electronics

power generation

aviation
(including trips to the moon)

From consumer goods to industrial machinery to commercial airliners and nuclear submarines to radar altimeters to romantic comedies to Nobel Prizes, GE was the elite of corporate capitalism. In the beginning, GE did the nuts and bolts work that made it an industrial powerhouse.

With success came expansion, and with expansion came the need for more leaders. In 1956, GE President Ralph Cordiner opened a management training center in Crotonville, New York. The training instilled “consistent values across its management echelon.”

End of the 20th century CEO Jack Welch kept the focus on leadership training, but cut research and development. One part of Welch’s leadership training was moving young executives to different areas of the corporation for different perspectives and experiences. That focus was part of GE’s success. But Welch’s cuts to research and development stopped the nuts and bolts work crucial for remaining a powerhouse. GE’s success began to sour.

Jack Welch thought his leadership training could create flawlessness. That belief was part of GE’s souring. Flawlessness is impossible, especially when perspective and experience are limited by cuts to research and development. High quality products and manufacturing took a back stage to low quality financial maneuvers. GE wanted to continue the special industrial powerhouse feeling without doing the nuts and bolts work crucial for remaining a powerhouse.

Under CEO Jeff Immelt, GE turned to acquiring financial businesses, assuming GE managers could fix anything. It turns out that GE managers couldn’t fix the multi-billion dollar pension shortfall that was bigger than any other corporation’s pension shortfall.

The 2008 financial crash exposed the souring. The company survived only through emergency stock sales and government loan guarantees. GE did poorly even after much of the rest of the world began recovering. After becoming CEO in August 2017, John Flannery decided to start selling off pieces of GE to reduce its size, debt, and pension deficit. GE also faced legal issues, including fraud accusations and SEC investigations.

In 1896, GE became an original member of the Dow Jones Industrial Average. It was a continuous member from 1097 until 2018 when it lost its membership. In 2017, GE was the Dow’s worst performing stock.

None of GE’s leaders at least through Jeffrey Immelt saw the opportunities for near flawlessness that Wisconsin billionaire Ken Hendricks saw. Hendricks saw opportunities in focusing on the perspectives of people most CEOs ignore — workers at the bottom. When Hendricks considered buying a business, he listened to what the people at the top claimed about the business. Then Hendricks visited the people at the bottom. Hendricks would ask,

“If you were running this business, what would you do
differently?”

Hendricks told Inc Magazine the results of his conversations with people at the bottom:

“I guarantee if you fixed what they tell you, 95 percent of
the time that would be a successful business. These guys
hit it on the head all the time. But management never
asks them.”

A 95 percent success rate is nearly flawless success.

If an industrial powerhouse can sour, any business can sour. Ken Hendricks demonstrates how to protect your business — small, medium, or large — from souring. He looked for the nuts and bolts work crucial for creating success, then did the nuts and bolts work crucial for maintaining success. For your business, find and do the nuts and bolts work crucial for making your business a success. Keep looking for the nuts and bolts and keep doing the crucial work. You may even create a powerhouse in your industry.

GE left its path of working with others and satisfying others
to focus on satisfying its own desire to feel GE
managers were special

“The bombshell report accusing GE of ‘Enronesque’ fraud is just the latest in the company’s long history of accounting controversies”
Ben Winck
Business Insider
August 16, 2019

“From Light Bulb to Industrial Powerhouse: A Brief History of General Electric Company”
Steve Heller
The Motley Fool
July 12, 2015

“GE’s legal troubles are mounting”
Matt Egan
CNN
February 26, 2018

“General Electric gets booted from the Dow”
Matt Egan
CNN Money
June 19, 2018

“How Do You Make Better Managers?”
Seth Stevenson
Slate
June 9, 2014

“How To Buy A Business”
Inc Magazine
December 1, 2006

“Inside the dismantling of GE”
Matt Egan
CNN Money
June 2018, no specific date on article
http://money.cnn.com/interactive/news/GE-dismantling-interactive/index.html

~~~~~

Paula M. Kramer
© 2015 to the present
All rights reserved.

Posts on this blog alternate with posts at the link below. Posts for both blogs are published on Wednesdays as they are ready to be published. Time between posts could be weeks or months.

blog.speakingfromtriumph.com

Keep reading this blog for examples of 8 success choices and 8 failure choices. Use the examples to spark success and fight failure.

Standards For Success Posters

Success & Failure Choices

Resource Websites

smilessparksuccess.com

speakingfromtriumph.com

Business Directory

betterplanetbusiness.com 

Reputation Management Directory

myrecordnow.com

A web host transfer made some posts disappear. Luckily, I copied each post and emailed it to myself. Since I alternated success and failure posts, I will have to remove posts and republish them in success and failure order. I will do this as I have time. Apologies.