Discipline is required to achieve success in business and in life. Too often the word has a pejorative connotation, but its Latin origin means instruction, knowledge and learning. Correspondingly, in the language of emotional intelligence, the concept involves exercising self-regulation in order to improve. Discipline means consistently acting in alignment with your values, long-term goals and self-imposed performance standards, despite expedience or taking the easy path. Discipline means mental independence, an ability to remain steadfast in the face of herd instinct and external pressures – having the inner will to do what it takes to create a great outcome, no matter how difficult.

The writings of Jim Collins, a passionately curious author, professor and researcher, speak to the importance of disciplined decision-making. In “Great by Choice,” discipline is the deciding factor in the success of the first two explorers who attempted to reach the South Pole over a century ago. Roald Amundsen’s team succeeded and returned; Robert Falcon Scott’s failed and perished. Collins also describes how discipline made Southwest Airlines extremely successful over its nearly 50-year history. It recently won its sixth consecutive “Domestic Carrier of the Year” award, while maintaining consistent profitability and exceptional return to shareholders.

Collins uses the metaphor of “The 20-mile march” to illustrate how discipline leads to success. Regardless of the weather, terrain or conditions, the explorer who succeeded committed to a steady 20-mile daily pace. Clear, intelligent plans, rigorous performance and unwavering commitment to steady progress were key. The successful team did not wait for sunny days to meet the goal, nor blame bad weather for failure. Steady, consistent action built confidence in their ability to perform in tough circumstances while reducing the likelihood of failure when tumultuous events occurred.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2024 ALM Global, LLC. All Rights Reserved.