Your impact grows as you manage to make things build on top of each other.
And it takes time, whether you like it or not.
Compounding is a fantastic word.
It is the process of bringing together - over time - the accumulated impact of things that you have done.
Things are building on top of each other. Ultimately by adding them together they end up becoming more than the sum of the individual parts.
Compounding is also a crucial element in leadership
That great things are not happening by impulse, but they are happening by lots of small things that are brought together.
The implication of that is that once you have identified WHAT you aim to achieve I think we are all aware that it’s not just happening because you believe it’s a good idea. It’s not happening because a certain colleague or yourself are doing one little piece of stuff that needs to be done.
It is the intellectual capacity brought into designing a solution and a way of working that ends up delivering something which is bigger than all the small parts that you put into it.
That’s what compounding is all about.
There is the famous saying that ‘Rome wasn’t built in a day’, and that’s another way of saying that Rome is there, because of all the small things that have been done over time which accumulated leads to what Rome is today.
The same applies to businesses.
This is something that some people don’t like to hear, and it is not very popular to say that ‘Rome wasn’t built in a day’. It doesn’t change the fact that it very often takes lots of investigation, lots of changes, lots of trying over gain to come to a place where you actually build a success from something.
That’s not only in terms of the solutions or the products that you are designing or the services that you are designing. It’s also down to the way you are working with people, your internal ways or working also accumulated over time needs to improve in order to deliver even better results tomorrow that you did yesterday.
So compounding:
Adding together - over time - bits and pieces that ends up having a bigger value than what they did individually.
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