Success Comes Down to Just 3 Things: Companies ‘Will Be in a Cage Match Over You,’ Says CEO.
By Suzy Welch
In the end, success comes down to three things. If you think the first one is luck, sorry! That would be a platitude.
Okay, fine, of course luck matters. It matters in the big-big things, like where and when you’re born, your health, your class, your race. But it also helps with the small stuff, like when the person sitting next to you in Row 45 on the Tampa-Chicago flight loves your product and places the order that saves you from bankruptcy.
But luck is random by definition. As a business academic who studies career trajectories, I’ve found long-term success is, aside from luck, a function of PIE. It refers to the quality of your:
- Personal relationships
- Ideas
- Execution
Let me explain.
Read the full CNBC article.
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Suzy Welch is Professor of Management Practice at NYU Stern.