
← LeadWell with Jacqui5 Aug · 44 min
You are allowed to change direction! How to know when to continue, change direction, or let it go.
<p>We are often taught that persistence is a virtue: finish what you started, stay the course and never give up. But what happens when the evidence changes – or when the goal, strategy or version of success you once chose no longer fits?</p><p><br></p><p>In this return episode of LeadWell with Jacqui, we explore the sunk cost effect and escalation of commitment: the psychological forces that can keep leaders and individuals investing in decisions simply because they have already put so much into them.</p><p><br></p><p>Through personal reflections, leadership examples and the well-known stories of Kodak and Blockbuster, I explain why changing direction is not necessarily failure. Sometimes, it is the most thoughtful and courageous decision available.</p><p><br></p><p>You’ll learn how to review your choices through three forms of evidence – results, energy and alignment – and decide what you need to continue, change or let go of.</p><p><br></p><p>Because resilience is not about white-knuckling your way towards a goal that no longer fits. Real resilience includes the ability to adapt.</p><p><br></p><p>Join LeadWell Academy:</p><p><br></p><p>Find this episode helpful? Then LeadWell Academy is for you! A self-paced leadership development experience for people who want to lead with confidence, clarity and courage. Learn more and <a href="https://leadwellacademy.mykajabi.com/leadwell-academy" target="_blank" rel="noopener noreferer">enrol here</a>.</p><p><br></p><p>Connect with me: </p><p><br></p><p>Instagram: <a href="https://www.instagram.com/leadwellwithjacqui/" target="_blank" rel="noopener noreferer">@LeadWellwithJacqui</a></p><p><br></p><p>LinkedIn: <a href="https://www.linkedin.com/in/jacqui-butler-coach/" target="_blank" rel="noopener noreferer">Jacqui Butler</a></p><p><br></p><p>TikTok: <a href="https://www.tiktok.com/@leadwellwithjacqui" target="_blank" rel="noopener noreferer">@leadwellwithjacqui</a></p><p><br></p><p>Website: <a href="https://leadwellacademy.mykajabi.com/" target="_blank" rel="noopener noreferer">https://www.leadwellco.com.au</a></p><p><br></p><p>If you found this episode helpful, don't forget to subscribe to the podcast and leave a review to help others discover LeadWell with Jacqui!</p>