“Confidence: How Winning Streaks and Losing Streaks Begin and End.” by Rosabeth Moss Kanter

Is success merely a result of money and talent? After reading Rosabeth Moss Kanter’s Confidence: How Winning Streaks and Losing Streaks Begin and End, I realized that the secret ingredient is often overlooked: CONFIDENCE. This insightful book dives deep into how confidence acts as a catalyst for high performance, transforming both individuals and organizations.

Kanter’s research spans various fields, highlighting powerful examples. The University of Connecticut women’s basketball team, for instance, continues its legacy of victories even without the star talent of past years. Companies like Gillette and the Chicago Cubs have broken free from long-standing losing streaks to emerge victorious. Nelson Mandela’s leadership showcases how confidence can inspire nations, promoting reconciliation and progress in the face of adversity.

Through detailed investigations of successful and struggling organizations such as Continental Airlines, Seagate, and Verizon, Kanter explains how confidence shapes the perception and performance of companies. She illustrates how confidence can turn around a company’s fortunes by creating a positive feedback loop that enhances employee morale, customer satisfaction, and overall success.

Kanter introduces practical strategies for leaders to foster and maintain confidence within their teams. Her concepts, such as “powerlessness corrupts” and the “timidity of mediocrity,” provide fresh insights into cultivating a winning mindset. Whether you’re aiming to sustain success or reverse a downward spiral, Confidence offers a blueprint for leveraging the power of confidence to achieve lasting results.

This book is a must-read for anyone seeking to understand the deeper dynamics of success and failure, offering actionable advice to help you rise to the occasion in any arena.

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Since 1998, Coco has been on a mission to align business purpose with profit. As a serial entrepreneur and a consultant to founders, Coco has built five companies and supported hundreds of businesses. She is the Founder of Allume Home Care, Co-Owner and board member of All Pointe HomeCare, and creator of A Force for Good. Coco currently serves as the Chair of the Connecticut Association for Healthcare at Home, Chair of the Strategic Planning Committee for WorldWide Orphans, Trustee of the Oliver Wolcott Library, and on the Campaign Committee of Kimball Union Academy.

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