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Blood in your veins
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“When you understand that every opinion is a vision loaded with personal history, you will begin to understand that all judgment is a confession.” – Nikola Tesla Note that sentence. Do it by hand. Yes, in a piece of paper. Have it next to your screen, desk, or whatever. Read it every day. and every time a stupid shows you his stupidity through his month. If that sentence does not make you jump out of your chair to do something productive... you simply have no blood in your veins. That's all for today.
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Vicente Valencia
Weekly insights on how to perform when it matters | High-stakes decisions. Real situations. No BS. | 👇JOIN +2k readers 👇
In every field of human endeavor, he that is first must perpetually live in the white light of publicity. Whether the leadership be vested in a man or in a manufactured product, emulation and envy are ever at work. In art. In literature. In music. In industry. Even in infrastructure advisory. The reward and the punishment are always the same. The reward is widespread recognition; the punishment, fierce denial and detraction. When a man’s work becomes a standard for the whole world, it also...
A few months ago, a SPV CEO called me about a contractual letter. It was almost ready to go. The lawyers had reviewed it. The board gave the blessing. Everyone seemed comfortable. But when I read it, I saw one small problem. The SPV was giving away a position worth a lot of money, and take additional risks. Look. Nobody in that team was incompetent. They simply hadn’t seen that situation before. They could not imagine in their head was the CJV was going to say and do. They were not putting...
“Operations are fine”, they said. Reports are produced. Meetings happen. Budgets are updated. And, little by little, budgets are not respected. A KPI deduction is untransferable. The client gives up trying to agree a Change Notice with the Project and call other contractors. Relationships are not that great anymore. An unresolved and relatively small claim becomes the common theme anytime the SPV meets with CJV… Value disappears… silently. One year after the other. Costs unchallenged....