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Turn Rejection Into Opportunities
Successful businesses hear a no, learn from it and move on
Rejection is a litany of pain: a declined proposal, a lost client or a rejected pitch. How a business handles them can greatly affect its long-term success.
With the right mindset and approaches, businesses can transform rejection from a roadblock into a stepping stone toward future achievements.
That applies no matter if a business specializes in contractor education or marketing. Rejection is a corporate fact of life.
“The biggest advantage of a surprising no is what we call opportunity cost,” said Tom Reid. “We can do anything, we just can’t do everything.
“Getting rejected frees up resources to apply elsewhere,” he said. “Sometimes we pull the plug, other times it gets pulled for us. Freedom.”
Simply Saying No Can Do a Heart and Its Business Good
A contracting and leadership expert, Reid has been chasing the elusive leadership ideal, compiling a work breakdown structure, or WBS. From that he has written “Sustained Leader WBS,” a comprehensive tool for assessing and improving leadership potential.
He has decomposed every part of the work to be done in a project — 229 WBS…
