As one of America’s preeminent executive coaches, Marshall Goldsmith is one of but a few consultants who have been asked to work with more than eighty CEOs in the world’s top companies. I met him a few years ago—this is an excerpt from his newest, just-released book:

“That’s the problem with adding too much value. Imagine you’re the CEO. I come to you with an idea that you think is very good. Rather than just pat me on the back and say, “Great idea!” your inclination (because you have to add value) is to say, “Good idea, but it’s be better if you tried it this way..”

The problem is, you may have improved the content of my idea by 5%, but you’ve reduced my commitment to executing it by 50%, because you’ve taken away my ownership of the idea. My idea is now your idea—and I walk out of your office less enthused about it than when I walked in. That’s the fallacy of added value. Whatever we gain in the form of a better idea is lost many times over in our employees’ diminished commitment to the concept.”

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