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The Costs of Ego
“Ego is the invisible line item on every company’s profit and loss statement.” Fifty-three percent of businesspeople estimate ego costs their company 6 to 15 percent of annual revenue; 21 percent say this cost ranges from 16 to 20 percent.

Other overinflated egos Related Articles

Become a Heat Seeking Missile by Robin J Elliott
Heat seeking missiles don’t have egos; they’re impartial, unattached and objective. They are goal-directed. They know exactly what they want and where they’re going. They don’t slow down or “stop to smell the roses”.
Are You Cut Out For A Career In Direct Selling
Anyone who elects to embark on a career in direct selling had better be able to sell. A person who chooses sales, even as a last resort, is making a tough decision to depend entirely on his/her own effort, pride, and willingness to practice long enough to succeed. It’s tough not to be able to hide behind a corporate security blanket, make excuses, or blame the product, the boss, the company, or anybody else. When they choose sales, they accept the risk to their egos, some people’s derision, and the fears of those not brave enough to stand up to that kind of heat. So, if a career in direct selling beckons, ask yourself the tough question – “Am I suited for a career in sales?”

Clash of the Titans II
We thought we had put the Clash of the Titans behind us but Hollywood made a sequel. It gave the PC/CE industry an opportunity for the industry titans to stretch their control over the landscape even more. Titans are taking the opportunity to payback those who bruised their egos, encroached on their "territories" and just did things they didn't like. The Titan Titans -- Apple, Google, Adobe -- are hollering at each other with regularity. The other Titans are mumbling and filing law suits. Everyone -- including governmental agencies around the globe -- is watching closely to see who is doing what and to whom.

Why You Should Not Hire a Management Consulting Firm...at least not yet.
There are many strategic management consulting companies in the United States and around the world. For organizations that are looking for strategic consulting help in their business, there are so many options available to them that making a decision on the right consulting firm becomes daunting. Even with all of the available expertise, many companies never seek the outside help. Maybe that is the best for all concerned. Bringing in outside consulting help is not for everyone. When consulting companies come in to help with strategy or to solve complex business challenges, it is often an exercise that forces executives to check their egos at the door and confront their own organization’s issues and baggage. Not all companies are up for that. Are you ready?

Unselling What You Just Sold
When the buyer gives a buying signal, close the sale and leave. As a sales person don't allow your egos and pride to get in the way...
How to Read People and Influence Perceptions
I've learned in an over twenty-five year consulting career that my most effective executive coaching and leadership development clients are communication catalysts. They are authentic and help people achieve a shared purpose. They are optimistic and forward thinking. One of my law firm Managing Partner clients recently confided in me that she was having a hard time influencing several of the firm partners on a new strategy for the firm. She logically countered every differing point of view, and yet hours later no one had changed their mind. It was as if the big egos in the room were locked in a battle of who was right and blaming the others for perceived failures.

Check Your Ego at the Door!
Why do people do one thing when they profess to believe another? Here are four reasons/solutions when it comes to checking egos.
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