Author Archives: Chris Holloway

StrengthsFinder 2.0

strengthsfinder2

StrengthsFinder 2.0

Attendance: Chris, Harry, Nathan, Jon.

Overview

The basic premise of StrengthsFinder 2.0, is that successful people spend more time working on their strengths, than on their weaknesses. This theory conflicts with cultural beliefs which often have us spending more time working on our weaknesses. A good example of this belief is demonstrated in the author’s research, where they found 77% of parents believe that their children should be focusing on the classes where grades are poor, versus classes where their grades are already high.

If people were to spend more time investing in their natural talents, then they would find better results. Strengths are made up of two components, Talent and Investment. The authors think that talent is a natural component. It is something that is very inflexible and it is unlikely to change. Investment is something that is controllable. You can choose to invest in something for which you have talent, or invest in something for which you do not. The idea is that you are going to receive a much higher return for your investment if you are focusing on your core talents.

This book is a different kind of book in that it is very interactive. Once you read the first section, you have covered the theory. You then take an online assessment, and at the end of the assessment it tells you your own five main themes. After that, you switch to the second half of the book where you will find detailed explanations and action items for each of your themes.

Commentary

As a whole, the group seemed to agree with the premise of the book. We definitely think it is important to be working heavily on our core strengths. However, some of us also felt that it is very important to have a basic level of competency in certain areas whether they are strengths or not.

Almost the entire group found the results of the assessment to be accurate. Everyone but one person thought that it described their personalities very well. This person was a little unsure about his results, because he felt that the test failed to identify a few of his core talents. Other than that, it was deemed useful in that it can provide a pretty fair assessment of a person in a short amount of time.

The nice thing about this book is that it is not just a theory and a test. It actually gives a person a lot to think about in terms of actionable behavior. It helps toanswer the questions, “What can I actually do to work on my own strengths? What can I do with this knowledge?”

In the section containing the detailed explanations, the book offers 10 suggestions of how you, as a person containing this as a major theme, should position yourself. An example of one of these action items is found in my assessment. The test results showed that ‘Achiever’ was my number one theme. This means that I do not feel satisfied unless I have achieved something during the day. This is regardless of whether it is a work day, or a weekend, or even if I am on vacation. I must be doing something tangible. One great suggestion I picked up is to make sure I factor my personal life into my goals. Achievers are prone to focus on work, and they sometimes neglect other important areas of their lives. This is because it is difficult to see a clear connection between your personal life and your achievements. Setting goals in your personal life will make it seem more tangible. That is just an example of many of the actions a reader can expect receive on completion of the assesment.

In addition to offering advice just on oneself, another group member is considering implementing this test in his organization. This would put him in a position to really understand what drives his employees. Understanding a person’s core strengths will tell you a lot about how to communicate with a person, what motivates them, and how you can expect them to behave in different situations.

It is apparent that this book can be a very valuable tool, both for personal growth, and in understanding the people around you. By better understanding what really makes yourself tick, you can really position yourself for success. The actionable items are useful, as is the overall profile. StrengthsFinder 2.0 is a great way to start the journey of positioning yourself for success.

Dallas Personal MBA Group: Unofficial Guests of The Texas MBA Tour

This past week, Harry and I attended the Texas MBA tour event in Addison. This event had admissions officers present from all of the major business programs in the Texas area, and was basically just an informational event for people interested in MBA programs. We figured surely we could recruit one or two members for the group, and so we printed up some flyers and handed them out at the event.

Here is a copy of the flyer:

flyer

Follow up from the Kickoff Event

Personal MBA Students,

Thanks to all that attended the meeting last night.  It was great to meet all of you and go over the vision for the group.  

Upcoming  Reading Selections

To those that were not able to make it, we have chosen our first three books.  After that, we will select together a section from the personal MBA book list (link below) to pursue together.   

The first three books will be (click the title to order):

 

1)      10 Days to Faster Reading  
By: Abby Marks-Beale, The Princeton Language Institute
 

Discussion: Feb 1st

2)      StrengthsFinder 2.0: A New and Upgraded Edition of the Online Test from Gallup’s Now, Discover Your Strengths
By: Tom Rath

 Discussion:  Feb 15th

 3)      Think and Grow Rich!: The Original Version, Restored and Revised
By: Napoleon Hill

 Discussion:  March 1st

 Notes on the books:

 You will want to order these books soon as we will be discussing the first one, 10 days to faster reading at the next meetup – 14 days from now.  

Strengths finder 2.0 has an online test, and from what I understand you need an unused code from the book to use it, so I would make sure to get a new copy. 

 

Other Important Links:

 

Please review these sometime this week: 

1)      The Group Blog -  http://www.dallas-pmba.com – This is what will become the group portfolio.  My goal is to have one person write an article or review on each book we cover. 

2)      The Personal MBA Manifesto – http://personalmba.com/manifesto/ – Explains the whole concept behind the Personal MBA.  Highly recommended.

3)       The Personal MBA Book List – http://personalmba.com/best-business-books/ – This is a must-read because we will be using it to pick our next section of books.  You can click on any of the sections and it will give you more information on each of the books in the section.  

The Dallas Personal MBA Site!

Hello Friends! As we get the Dallas Personal MBA Mastermind group launched, we will be adding material to this blog.  The primary purpose of this blog is to give our members an outlet to communicate to the public what they are learning through the personal MBA. Topics may vary, but at a minimum we want to keep the public informed of our thoughts on the books we review.

For the next couple of weeks, the group is in the planning stages. This entails recruiting new members, getting the books ordered, websites setup, etc. After that, we will hit the ground running. The pace will only be slightly brutal, a new book about every two weeks. Definitely an exciting time!

If you are in the Dallas area and interested in joining, check our Meetup page for more info.