Why running a business is like competing in the Olympics. Honest!

The latest meeting of the LBBC was the usual collection of information, exchange of leads and banter – some of it quite witty.

Martin Addrison (Gisby Harrison, Solicitors) gave the main ten minute presentation on how modern legal cases often refer to, or in the case of the example given, test old laws. Definitions are re-written as technology moves on so what was defined as a signature in the 17th Century does not necessarily apply to modern information technology. At least, that was the argument. Sadly, for one party, not an argument accepted by the Court.

After the members had taken their turn to spend one minute bringing the group up to date with the week’s activities, Keith Rawlings (Rawlings Structural Design) explained the Pressure/Performance curve. This is a bell shaped graph that demonstrates that performance improves as pressure is applied. With little pressure there is under performance and boredom, but the performance is improved as pressure is applied up to an optimum. However, once the peak of the graph is reached, so the performance drops away as the increasing pressure begins to have a detrimental affect on the individual; frustration and anger take over.

This graph (I am told) is well known to athletes who organise their training so that they are at their peak in the big competitions, then allow themselves to slip back down the up-slope until the next major event.

So just as athletes can over train, the stress involved in running a business can begin to a negative effect. Just like the Olympics!

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