In the course of the conversation, he also mentioned that his company had built a fairly unique solution for its only real customer; that his customer, a large multi-billion dollar company, was very happy with him and his company; that the customer was in a specific industry vertical that required certifications and regulatory clearances to enter; that there were several other large companies in that vertical; that his communication network had improved drastically in the last few months; that two of his family members were involved in senior positions in the company; that his employee attrition was almost zero; that his banker was a well-known private bank with a very large network.
So was it really true that the location of the company adversely affected its prospects or was it something else Had he leveraged his relationship with his customer adequatelyin getting more business, seeking endorsements to secure other customers in the same industry Were his family members the right people for the jobs they were performing Had he talked with his bank to understand how money transfers were to be effected so that his account could get credited could be realised almost immediately upon receipt of the monies in India Had he networked with industry associations and groups in his town Had he used the Internet and the Web to reach out to potential prospects who could all be well-targeted given the industry vertical
Turned out that the CEO had done none of the above.
Clearly, the CEO did not really understand what it took to build a business from a sales and marketing and operations standpoint. Yet, he was quick to jump to the conclusion that the problem lay outside his company, in its location. He was uninformed, unaware and prejudiced. Theres a term for this in psychologyblind spot. And all of us have our own blind spots and thats perfectly OK. The real issue is whether were doing anything to discover and address them. For this one needs to analyse the situation on multiple dimensions dispassionately; one needs to also introspect ones own behaviours, attitudes, and actions. One needs to be open enough to seek, get and deal with feedback from others around. One must watch how others who are doing better are going about the task. Go through the process again. Doing this requires self-awareness and a genuine commitment to improvement.
As in most things in life, the answers to many questions actually lie deep within us. We either dont ask the right questions or are afraid to ask the questions. Perhaps because our ignorance or more likely, because were afraid of the answer. Which founder-CEO wants to be confronted by answers like: Youre perhaps the bottleneck and not the right person for the job or You have no clue about sales and marketing so stop pretending like you know or Your attitude is upsetting the morale in the company and no one wants to work here.
Ready to discover your blind spots What do you think
Sanjay Anandaram is a passionate advocate of entrepreneurship in India. Hes involved with Nasscom, TiE, IIM-Bangalore, and Insead business school. He can be reached at email@example.com