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Success becomes a habit as winners take all

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A HARVARD BUSINESS professor has identified what she believes are the five habits of highly successful people.

Among other things, winning - according to Harvard Business School professor Rosabeth Moss Kanter - is better than losing; it requires hard work and the ability to think small as well as big; it is team-based; and it depends heavily on how one responds to failure.

Her conclusions were the result of a study in which research teams conducted field observations of actual businesses and sports teams in action - sitting in on corporate meetings and attending sports matches.

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They were published last year in the book Confidence: How Winning Streaks and Losing Streaks Begin and End.

While her first conclusion - that winning was better than losing - would seem intuitive to most people, it carried a deeper meaning, the professor said.

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'This is a serious message because winning produces more wins while losing produces more losses. Success and failure become self-fulfilling prophecies,' Professor Kanter said during a recent visit to Hong Kong.

The study found that businesses, sports teams or organisations on a winning streak seemed to get all the advantages. Everyone wanted to be associated with a winner.

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