Abraham Lincoln Had A Brilliant Strategy For Dealing With Setbacks

Abraham Lincoln Had A Brilliant Strategy For Dealing With Setbacks

THE BUILD NETWORK STRATEGY  FEB. 25, 2014, 4:10 AM

What was the secret of Abraham Lincoln’s success in dealing with people?

Incredibly, this is not just a question that a business journalist would ask. Dale Carnegie himself — the author of How to Win Friends and Influence People — asked the exact same question on page 8 of that famous book.

Carnegie was in a unique position to know the answer. Four years before How to Win Friends came out, he authored a book called Lincoln the Unknownwhich he spent three years working on.

How Lincoln Practiced Patience

The point is that Carnegie — America’s preeminent expert on networking, arguably the person who first codified networking as a skill — analyzed Lincoln’s life for his people skills.

As an example, Carnegie cites a letter Lincoln wrote to a general who disobeyed his orders during the Civil War. Here’s a snippet:

“I do not believe you appreciate the magnitude of the misfortune involved in Lee’s escape. He was within your easy grasp, and to have closed upon him would, in connection with our other late successes, have ended the war. As it is, the war will be prolonged indefinitely. If you could not safely attack Lee last Monday, how can you possibly do so South of the river, when you can take with you very few more than two thirds of the force you then had in hand? It would be unreasonable to expect, and I do not expect you can now effect much. Your golden opportunity is gone, and I am distressed immeasurably because of it.”

Clearly, this is a stern rebuke. You could even argue that it is personal.

But the lesson Carnegie has to offer is a simple one. The lesson is that Lincoln never sent the letter. It was found among his papers after his death.

The Art of Empathy

Carnegie’s speculation about why Lincoln never sent the letter is fascinating and, more importantly, plausible. His best guess is that Lincoln’s thought process went something like this:

“Maybe I ought not to be so hasty. It is easy enough for me to sit here in the quiet of the White House and order Meade to attack; but if I had been up at Gettysburg, and if I had seen as much blood as Meade has seen during the last week, and if my ears had been pierced with the screams and shrieks of the wounded and dying, maybe I wouldn’t be so anxious to attack either. If I had Meade’s timid temperament, perhaps I would have done just what he had done. Anyhow, it is water under the bridge now. If I send this letter, it will relieve my feelings, but it will make Meade try to justify himself. It will make him condemn me. It will arouse hard feelings, impair all his further usefulness as a commander, and perhaps force him to resign from the army.”

There are three takeaways you can glean from this informed sketch of Lincoln’s thought process.

1. When delivering feedback, think about how it will affect both the recipient and your overall goal. If the ultimate aim of any feedback is to improve employee performance — and therefore, the organization’s performance — than you need to consider whether the timing and the wording of the feedback will accomplish those goals. In Carnegie’s view, Lincoln believed that his feedback to Meade would both “impair” the general’s performance and damage the army’s performance. Therefore, the feedback was not worth delivering to Meade at this juncture.

2. Before you criticize an employee, put yourself in his shoes. Hindsight is 20-20, the cliche goes. Second guessing is always easy. Wrong as Meade was, in Lincoln’s view, Lincoln was aware enough to realize that bullets were flying around Meade — so perhaps he could be forgiven or, at least, understood, if he wasn’t in his right mind on the battlefield. Pressure creates mistakes. If you’ve got feedback for your employees, consider first the pressures they are under to make the decisions they make.

3. If you’re angry about an outcome, give yourself an outlet for venting. Just because Lincoln didn’t send the letter doesn’t mean writing the letter didn’t help. The notion that writing down your frustrations can help you vent is well known. The trick is actually doing it in practice. At the very least, that’s what Lincoln accomplished here.

And remember this, too: If you’re upset at an employee, on some level you’re the one to blame. After all, it’s your organization — and perhaps even you, directly — who hired him. This was certainly the case with Lincoln and Meade. If Lincoln didn’t want Meade to make big decisions, Lincoln should’ve relied on another general.

Finally, the last thing you want is an employee who is too scared to act, for fear that you will criticize their actions. You’ll end up with an employee who bugs you about every little detail, to prevent your critiques from coming later.

It doesn’t mean you should eliminate feedback from your employee-evaluation process. It just means you need to consider how — and when — you do it.

 

About bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: