TruLearning

The Firm’s Recurring Nightmare

Written by Heath Jackson, CFP, RCC, CPM | Jul 9, 2025 4:41:32 PM

If you're leading with quick fixes and old excuses, you're already losing!

"Blame your predecessor" is a convenient myth, here’s why…:

A new CEO, hailed as a corporate ninja, took the reins of a legendary company. His first year was pure magic: soaring stock, humming morale – a true rocket ship. He thought he had all the answers.

Then, a year and a half in, the rocket sputtered. The company started to plummet. Panic set in. Hidden in his desk, he found a note: "When all hope is lost, open one letter." He tore open the first.

It read: "Blame your predecessor."

He'd found his magic bullet! A theatrical rampage ensued, exposing the old CEO's "negligence," painting himself as the savior. It was a smash hit! The company roared back.

But it didn't last. Three months later, another letter: "Rebrand."

Of course! A complete corporate makeover – new colors, logos, taglines, massive budgets for "creative arts." For nine exhilarating months, it worked! The company soared again, riding a wave of shiny newness.

But why did these "solutions" always fail?

Put simply, these tactics ignored:

  • Actual challenges: They avoided core business issues. -> Leader accountability: They shifted blame, never owning the problem. -> Strategic depth: They were superficial changes, not real shifts. -> Long-term impact: They bought time, but didn't build resilience.

Think of it like putting fresh paint on a crumbling wall. It looks good for a moment, but the foundation is still failing. In leadership, "Blame your predecessor" and "Rebrand" are just that—cosmetic fixes.

𝐇𝐄𝐑𝐄’𝐒 𝐓𝐇𝐄 𝐁𝐑𝐔𝐓𝐀𝐋 𝐓𝐑𝐔𝐓𝐇

Leadership success is built on genuine action, not temporary narratives. The value of your leadership isn't what you claim; it's what true, sustainable outcomes you deliver.

Different leaders face different challenges, but here’s how real leadership drives value:

  • 𝑻𝒉𝒆 𝑹𝒆𝒂𝒍 𝑳𝒆𝒂𝒅𝒆𝒓𝒔𝒉𝒊𝒑 • Accountability: Taking responsibility for today and tomorrow. • Root Cause Analysis: Digging deep for underlying issues, not just symptoms. • Sustainable Solutions: Building lasting stability and growth from the core. • Adaptability & Innovation: Continuous learning and strategic evolution. • Facing Reality: Confronting tough truths early, making hard decisions.

Want to know what happened to that CEO’s "success"?

After each "solution," the decline accelerated. Even faster this time. His hand trembled, reaching for the final, terrifying letter. Here’s what it said: "Write three letters and place them in the drawer."

That's a painful reality gap! The "magic" wasn't magic at all; it was a cycle of avoidance, passed down by leaders who forgot how to actually lead.

𝐑𝐞𝐦𝐞𝐦𝐛𝐞𝐫: Blaming the past is vanity. Rebranding is fantasy. Solving real problems is reality.

Stop fooling yourself with fancy strategies that don't address the core.

TRUE LEADERSHIP DOESN’T LIE.

What's your view on true leadership? Share your thoughts below.

Is your advisory firm caught in a cycle of temporary fixes, hoping for a magic solution that never truly arrives? Stop blaming the past or constantly rebranding. At TruGrowth Consulting, we empower advisory firm leaders to build "Infinite Advisory Practices" by focusing on sustainable growth, true innovation, and proactive leadership. Don't just manage decline—transform your future. Let's uncover your firm's unique path to enduring success. Reach out today for a consultation.

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