Business Lesson #1: Diversity Matters.
In business, diversity ensures that different ideas, capabilities, experiences, voices and points of view at the table and part of the conversations during all phases of the project or development. The world is bigger than where your local business area. Showing your customers and/or potential clients that you embrace differences will help your business go further and relate to broader audiences.
Business Lesson #2: There is a process to being successful.
— Good Morning America (@GMA) February 29, 2016
In business, leaders and employees must recognize the process for things. Understand the flow of projects and how things are made and developed. It is also necessary to honor and award those working behind the scenes (or camera) for their contributions to the final product. Establish quarterly and annual team and individual awards. Let the employees know their work is valued and appreciated. The worst feeling in the work is the feeling of “you don’t matter” at the workplace.
Business Lesson #3: Address the “Elephant” in the Room.
There will be “elephants” in the room. Don’t ignore them. People are watching how the issues are handled. The Academy Awards ceremony started off with Chris Rock addressing the lack of nominations for black actors his opening monologue. He nailed it! He did a great job, and he did it his way with a comedic twist. There were other moments that hinted and acknowledged that issue facing the Academy. These moments included: Black presenters, The Oscars “Black History Month Minute” and Chris Rock’s Man-on-the-Street Interview at a movie theater in Compton.
— The Academy (@TheAcademy) February 29, 2016
In business, when an issue arises address it straight-on. The longer issues go unacknowledged the more time there is for speculation and false truths to be spread. Not only address the issue, but offer solid solutions.
Business Lesson #4: Hustle Hard.
Chris Rock invited his daughter’s Girl Scout Troop to sell Girl Scout cookies to the crowd at the ceremony. It was a great “dad moment” and showed those young girls how working hard pays off. In this instance the word “hustle” means working hard enough to reach your goals and going beyond the norm to increase your achievements. The girls raised over a lot of money last night.
In business, the hustle-mentality is a basis for many entrepreneurs. Many businesses are created and flourished because of the ability of the founders to hustle and go beyond their expected achievements. Don’t knock the hustle.
Business Lesson #5: Change is necessary and can be difficult.
Cheryl Boone Issacs, president of the AMPAS, addressed the audience during the Academy Awards 2016 telecast and acknowledged the challenge faced by the academy membership. She made sure the audience knew that the Academy understands the issue. She also talked of a future where The Academy welcomes change and is inclusive of all.
“Change is often difficult, but necessary. I am confident that we can shape a future of which all of us can be proud.”Cheryl Boone Issacs, president of the AMPAS
In business change happens…often. As industries evolve and customer/client behaviors mature and adapt, businesses must change to meet the current needs and methods of operations. Along with change comes adaptability. When change is necessary, so is adapting to the new way of things – new environment, new direction, new structure, etc. A business’s ability to change and adapt is foundational to continued growth and success.Businesses can learn from the #Oscars & @chrisrock. Check out these 5 things. Click To Tweet
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