Companies Limiting Beliefs, What are the Effects and Outcomes?

by Corinne on August 19, 2010

We talk and hear about an individuals limiting beliefs and how that holds us back in life and in business.

What about if a company as a “whole system” has limiting beliefs?

I have been thinking about this question a lot the last few days and I want to start a conversation around this topic.

Read the questions  and join in on the conversation.
Share your thoughts, feelings and Ideas.

What happens when a company has limiting Beliefs?
How does it show up?
What are the results?
How does it effect ALL share holders? “The Executive Team, The Employees, The Clients”.
What are some of your personal and company experience with dealing with a companies limiting beliefs?



{ 4 comments… read them below or add one }

1 Christine August 20, 2010 at 3:14 pm

Limiting beliefs in a company can stifle new ideas and innovation because the company is not able to see the possibilities ahead of/within themselves. Sometimes there are comments such as “we’ve done that and it hasn’t worked” or “we don’t see anyone else in our industry doing that.” That is precisely why they must do something new–because no one else is doing it. Why sit back and wait to see if others will do it and how it will work? Another limiting belief is that new ideas can only come from managers and executives. You would be surprised where ideas can come from within a company. Encourage everyone in a company to share their ideas.
-Christine

2 Corinne August 20, 2010 at 9:23 pm

Hi Christine,
All great points. What are some of the ways you feel this effects the stake holders?

3 Eric McGrath September 1, 2010 at 9:20 am

Good Stuff Corinne! Love Randy, and love his line of clothes. Great statement about entrepreneurship and it being about living our life…good stuff

4 Christine Ferguson September 2, 2010 at 4:07 pm

Good question Corinne,

Stakeholders can be affected by missing out on opportunities to generate revenue when they do not open up themselves to new ideas; they also lose opportunities to make members of the team feel valued by asking for their input, and build relationships with customers (ideas can come from them too).

Christine

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