A week spent in egypt gave Tommy Weir an epiphany. Shawn Baldwin / Bloomberg
A week spent in egypt gave Tommy Weir an epiphany. Shawn Baldwin / Bloomberg

All the same indifference



I recently spent a week interviewing business leaders throughout Egypt, where I had an epiphany: being unique can be an inhibitor to success.

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You may be wondering where did this insight come from given my view on how important it is to be different from the pack.

But it seemed that in every interview the leaders tried to distinguish their companies or situations from whatever reference point was being used.

References to the Middle East were met with phrases such as, "Oh, but we are unique; we are Egypt."

Reference to a specific industry insight, again, was met with the insistence that the company was unique compared to everyone else.

Even when meeting with Kraft, one of our partners who worked at Procter & Gamble (P&G) for 14 years commented to the Kraft leader that something felt similar to P&G. But, again, the leader of Kraft insisted the company was very different.

I doubt whether you could find two companies that - on the surface, at least - are more alike.

Both have strong US cultures, focus on the food manufacturing and consumer goods sector and are more than a century old.

They also boast about the same global workforce of approximately 127,000.

Yet, the leaders cling to subtle and often insignificant differences.

This made me realise that kind of thinking is not limited to leaders in Egypt. It seems true for nearly every leader I have interviewed, regardless of nationality, geography or industry.

It made me wonder, then, why the fascination with being unique? Perhaps leaders want to feel special, to somehow be significant or have the view that this makes them memorable.

On the one hand I argue that championsare unique and should not try to be like the others.

But a problem arises when the fixation with being unique leads to inaction rather than becoming a part of your success story.

In the interviews it came across as if the leaders were using their uniqueness factor as an excuse and, as a result, this became a limiting factor. It almost seems to imply that no one understands their situation and there is little that can be done to improve.

This robs them of an opportunity to gain an advantage.

By recognising similarities, leaders can move faster by copying each others' success - rather than sit in paralysis while hoping for a magical solution, or even moving at a snail's pace trying to create a solution that matches your nuanced uniqueness.

So what should leaders do?

Stop arguing about why they are so unique and look to others to learn.

P&G leaders have mastered this: rather than fixating on generating a solution from scratch, they invest their time in perfecting others ideas.

It is rumoured that the company even has a "Best Steal Award" where they reward their employees for taking market ideas from others and making them even better.

What was most troubling to me during the interviews was listening to leaders argue why something would not work, rather than taking action to find out what would.

Champions who are rightfully unique find ways to continually improve and take constant action.

Tommy Weir is an authority on fast-growth and emerging-market leadership, author of The CEO Shift and the managing director of the Emerging Market Leadership Center

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Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
Timeline

1947
Ferrari’s road-car company is formed and its first badged car, the 125 S, rolls off the assembly line

1962
250 GTO is unveiled

1969
Fiat becomes a Ferrari shareholder, acquiring 50 per cent of the company

1972
The Fiorano circuit, Ferrari’s racetrack for development and testing, opens

1976
First automatic Ferrari, the 400 Automatic, is made

1987
F40 launched

1988
Enzo Ferrari dies; Fiat expands its stake in the company to 90 per cent

2002
The Enzo model is announced

2010
Ferrari World opens in Abu Dhabi

2011
First four-wheel drive Ferrari, the FF, is unveiled

2013
LaFerrari, the first Ferrari hybrid, arrives

2014
Fiat Chrysler announces the split of Ferrari from the parent company

2015
Ferrari launches on Wall Street

2017
812 Superfast unveiled; Ferrari celebrates its 70th anniversary

What can you do?

Document everything immediately; including dates, times, locations and witnesses

Seek professional advice from a legal expert

You can report an incident to HR or an immediate supervisor

You can use the Ministry of Human Resources and Emiratisation’s dedicated hotline

In criminal cases, you can contact the police for additional support

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The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat 

Five famous companies founded by teens

There are numerous success stories of teen businesses that were created in college dorm rooms and other modest circumstances. Below are some of the most recognisable names in the industry:

  1. Facebook: Mark Zuckerberg and his friends started Facebook when he was a 19-year-old Harvard undergraduate. 
  2. Dell: When Michael Dell was an undergraduate student at Texas University in 1984, he started upgrading computers for profit. He starting working full-time on his business when he was 19. Eventually, his company became the Dell Computer Corporation and then Dell Inc. 
  3. Subway: Fred DeLuca opened the first Subway restaurant when he was 17. In 1965, Mr DeLuca needed extra money for college, so he decided to open his own business. Peter Buck, a family friend, lent him $1,000 and together, they opened Pete’s Super Submarines. A few years later, the company was rebranded and called Subway. 
  4. Mashable: In 2005, Pete Cashmore created Mashable in Scotland when he was a teenager. The site was then a technology blog. Over the next few decades, Mr Cashmore has turned Mashable into a global media company.
  5. Oculus VR: Palmer Luckey founded Oculus VR in June 2012, when he was 19. In August that year, Oculus launched its Kickstarter campaign and raised more than $1 million in three days. Facebook bought Oculus for $2 billion two years later.
The specs
 
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Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)