Feb
3

The roast beef story . . .

A newly married couple was beginning their first Sunday meal preparation. The young woman began preparing a wonderful roast of beef while the man was preparing the vegetables. As they worked, the man noticed that the wife sliced off both ends of the roast and then rolled it in spiced flour. Curious, he asked, “Why did you do that?” “Do what?” “Slice the ends off the roast,” he responded, “Does that make it juicier or something?”

“Well, I don’t really know. Mom always does that when she cooks a roast.” So they called her mother and were amused to hear that she also didn’t know why the ends should be cut off the roast. It turns out it was because “your Grandmother always did that and so I do too.” Of course they called Grandmother and heard a hearty laugh when they asked her “why do we always cut the ends off the roast of beef before cooking it?” After Grandmother got control of her laughter, she exclaimed, “I can’t believe you guys are doing that! The only reason I did that in the early years is because your Grandfather and I had only one roasting pan and it was too small for a roast big enough to feed us all.”

How many things are we doing in our businesses that are no longer necessary, no longer efficiently done or are downright damaging to our processes because “that’s the way we’ve always done it?” Do you have a practice of reviewing all of your processes from time-to-time to make sure that they are needed, effective and efficient?

Here’s something to consider in both your personal and business life. Implement a practice of annually or twice a year sitting down and thinking about what you will “Stop,” “Start,” and “Continue” doing from that point forward. Pay special attention to what you will stop doing. As employees, we often will fight this practice since we worry that if we don’t have to do something, then our employers won’t need us. Especially now, with the reduction in force that most companies have experienced, it is critical that we unburden the remaining employees by making it mandatory that they find tasks they can stop doing without jeopardizing customer service. As employees, we need to embrace the concept that we can add value by eliminating unnecessary or less than critical work.

Be ruthless in stopping less than critical work. Be stingy about what you decide to start doing. Make sure the new tasks are goal achieving, effective and integrated efficiently with the rest of the system. And celebrate what you decide to continue doing – that means (hopefully) that those tasks are critical to success, effective and efficient.

Is your culture one of team work and does everyone in your company agree? Have them take our Company Cultural Assessment. CLICK HERE to download your assessment.

Is  your hiring methodology designed to attract top talent and weed out those candidates that embellish? You can download our 8 Point Hiring Methodology Assessment Scorecard and find out. CLICK HERE to download.

About the author

Dave Kinnear is a sought after Business Advisor and Mentor. He works with highly successful executives through one-to-one mentoring and coaching meetings. Individuals who are presently running successful businesses and executives in transition work with Dave to ensure meeting corporate and/or career goals. Through his affiliation with Vistage International, Dave convenes and facilitates Advisory Boards comprising Business Owners, Company Presidents and Chief Executives dedicated to becoming better leaders who make better decisions and achieve better results.

Feb
1

Can’t Find People? They Are Hiding In Plain Sight – 3 Examples

Finding people is a consistent problem we encounter just about every time we ask CEOs or key executives what their biggest issue is when it comes to hiring. If it isn’t in the top three it is always in the top five.

Yet when you ask them what their process is to find top talent most reply in the same way, “We run ads” or “We post it internally.” That is the way 80% of all companies go about finding people.

Below are three real life examples of alternative ways of finding people.

1) In 2007, I was having lunch with a partner from a local CPA firm. During lunch he commented that they had been struggling for six months to find an audit manager. In fact, he commented that they would pay a $10,000 bounty for an employee referral. I didn’t add a zero. So I asked, “How many people have you hired?”  The reply, “None.” They were doing the usual, running ads and asking current employees. That was their process for finding people.

So as the lunch continued, he mentioned to me that they had just brought on a new client and that he had just had lunch with the new CFO at this same restaurant. I immediately asked the partner, “Did you ask the CFO who was the best audit manager at his current company?” or “Who were some of the best audit managers he had worked with in the past?” He had never even thought of this. I suggested that he could contact all of his CFO clients and ask them. After all, it is in the client’s best interest to have good audit managers.

This was such an obvious thing to me and yet he was willing to pay ten grand. For those of you thinking it takes too much time to find good people, I don’t think asking these few questions would have extended the lunch that much.

2) Last year I was conducting one of our in-house workshops for a mid-sized technology company in New York. During the workshop, one of the key executives mentioned how difficult it is to hire technical people. I probed a little further and asked about the type of people they hire. She commented that they want people comfortable with technology. People who understand how networks work, people who diagnose a computer problem when a client calls with a problem, install software, and perform basic repairs that clients need right away if something goes wrong. They were willing to train on their specific systems and software. They just wanted someone that was moderately technical and comfortable with technology.

These people were “extremely” hard to find.

I asked if they ever go to Best Buy and engage the Geek Squad. Have they ever taken in a computer and found someone that provides great customer service and demonstrates that they understand technical issues?

She and her team had never thought about these people. I received an email two months after the workshop letting me know they had hired two people from Best Buy.

3) My best friend manages a store for one of the major retail chains. Every time we play golf, I have to listen to him complain about how hard it is to find people willing to work. He complains that his company works people hard and is demanding. The result is a lot of turnover.

So I asked him how often when he or his team is out shopping and they come across a great person in another retail chain do they engage the person, give them a business card and ask the person to call him, or let the person know that if they ever think about leaving to call him.

I mentioned that I go to a coffee shop most mornings when I’m in town for an hour of work. At this coffee shop, every person is probably in their late teens and early twenties. These people run the coffee shop. They open every morning at 6 AM so they have to get there by 5:30, they are friendly, they know customers by name, the coffee shop is clean and they are great employees. So I asked if he ever asked any of them about potentially coming to work a his store.

In both cases he replied no, and that he doesn’t even encourage his team leaders to be aware of potential employees when they are out shopping.

Qualified people are all around us. As a recruiter, I always have my antenna up. Most CEOs and hiring managers just walk right by these people. Work with  your team and start noticing people hiding in plain sight.

Download our Hiring Process Self Assessment Scorecard and evaluate the strengths and weaknesses of your hiring system. CLICK HERE to get your assessment.

Get our most popular chapter “Sourcing Top Talent” from our best selling book, “You’re NOT The Person I Hired” which is available for Free to download. CLICK HERE to get the chapter.

Consider joining our LinkedIn group,  Hire and Retain Top Talent. This group is dedicated to discussions and articles to help  you improve your hiring and retention. CLICK HERE to join the group.

I welcome your thoughts and comments.

Brad Remillard

Jan
28

Loyalty . . . to what?

I’m reminded, from time-to-time, of the inequality of expectations between employees and employers with respect to employment. Especially in the small to mid-sized businesses, the owners are often frustrated with employees who do not seem to put effort into the business. They don’t have a sense of “ownership.” Well, that’s because they aren’t owners, and usually aren’t treated as owners.

On the employee side, they feel that it’s quite alright for them to give two weeks notice if they get a better offer elsewhere, but at the same time seem to think that as long as they want to stay, they should be able to do so. If the employer lets them go (for whatever reason), they feel that somehow it is unfair. Of course, this is not true of all employees nor do all business owners despair over employees not acting as if the company is their own. However, there does seem to be anecdotal data to back up my perceptions.

This situation first came to my attention many years ago as I worked in the semiconductor industry. We had facilities in Silicon Valley (Sunnyvale and San Jose). I often heard managers complaining that employees were more than willing to leave for a slight raise and join another company. It seemed to be easy to do in the valley and it seemed to be true; and it made me wonder. So I started asking some questions of the engineers, marketers and sales people who left our company and those still with us. The picture became a bit clearer. It seems that there was a lot of loyalty – but the loyalty was to a particular product line or architecture rather than a company. So if I considered myself a Complex Instruction Set Computer (CISC) kind of guy, I would go where all the exciting things were happening in that field. Likewise if I considered myself a Reduced Instruction Set Computer (RISC) person. If I was skilled and excited about one architecture and the company began to emphasize the other, I eventually left to find another employer in line with my talents and passions. This kind of “loyalty to a concept” was even more prevalent in the software and Internet companies.

So managers needed to change the context in which they interpreted the content of their experience with respect to “loyal employees.” If an engineer or sales person believed in a certain product or architecture and we began to de-emphasize that particular product, then we could expect to see folks leave for greener pastures. On the other hand, if we kept pushing the envelope and introduced new products and improvements to existing products, then our employees were “loyal” and mostly content.

Discovering this different view of loyalty led to some insights that served some divisions very well. As long as they were able to stay at the leading edge of product development, they kept the best employees. They found that salary and other monetary rewards were not the biggest motivators. They had to be competitive, but by and large, it was an exciting environment in product development that the employees appreciated and which kept them happy and inspired.

So as we work our way out of this recession and employees begin feeling as though employment changes are possible, how will you hold on to your key players? Do you know what your employees are loyal to? Since they don’t own the company, it likely isn’t the company itself that inspires them. They may be grateful for the company and the employment it provides, but what are they really passionate about?

Is your culture one of team work and does everyone in your company agree? Have them take our Company Cultural Assessment. CLICK HERE to download your assessment.

Is  your hiring methodology designed to attract top talent and weed out those candidates that embellish? You can download our 8 Point Hiring Methodology Assessment Scorecard and find out. CLICK HERE to download.

About the author

Dave Kinnear is a sought after Business Advisor and Mentor. He works with highly successful executives through one-to-one mentoring and coaching meetings. Individuals who are presently running successful businesses and executives in transition work with Dave to ensure meeting corporate and/or career goals. Through his affiliation with Vistage International, Dave convenes and facilitates Advisory Boards comprising Business Owners, Company Presidents and Chief Executives dedicated to becoming better leaders who make better decisions and achieve better results.

Jan
26

Is Your Organization Going To Make It To 2010 and Beyond? Part 2

We focused on the question above in part one of this article. If this is keeping you up at night, we have some additional ideas for you to consider and implement so your organization will not only make it through the current storm but will thrive well into the future!   You’ll know by reading this article if your ship is heading towards the rocks, towards the open sea or on a clear course to your destination.

A Checklist for Success

  • When selecting the crew – have a clear understanding of the ideal crew member and have a system and process to assure you have selected the correct crew members. This can be done through interviewing and asking questions for specific examples and compare those answers to what an ideal crew member would do. Gather as much data as possible from reference and background checks as well as provide an in-depth work style and personality assessment with Lighthouse Consulting Services.  The information should be used to validate the interview responses, background and reference checks.
  • Ask each current crew member for feedback on where they see the team and themselves could be more efficient in the market place within the next 30-60-90 days. This means that everyone on your ship needs to have their eyes and ears open to seeing where it might be possible to improve and enhance processes, structure, services, customer service, etc.
  • Captains and officers need to listen to everyone and create a truly open environment. Come up with three things that you can do that will make that happen.
  • Define what the ideal crew member would possess in skills, work style and personality and make it measurable.
  • Assist the current crew to fulfill that role. Make sure you have an in-depth work style and personality assessment of your crew members so you’ll have the insight to help everyone thrive and to get the best performance from every member of the team.  You’ll want to know how someone problem-solves, deals with stress, makes decisions, processes information, creates and follows up on leads, etc.  This will help to ensure that you have the right person in the correct position so they can perform to the best of their ability.  Contact us at reception@lighthouseconsulting.com to get started.

If you have the right team in place, your organization will be able to deal with the many challenges that will come along during the voyage. The key is to hire right the first time and to assist those on board to be the best that they can be.  This will lead to happy customers, happy employees, innovation for the future, efficiency for delivery of the product or service and of course, a profitable bottom line.

To take a leadership assessment to see if you have what it takes to help your organization sail well into the future, please click on this link:

http://www.crackingthepersonalitycode.com/LeadershipTest.php

You can gather additional ideas for working with your current and future crew members by reading Cracking The Personality Code. To order this book, go to: www.crackingthepersonalitycode.com.

Is your culture one of team work and does everyone in your company agree? Have them take our Company Cultural Assessment. CLICK HERE to download your assessment.

Is  your hiring methodology designed to attract top talent and weed out those candidates that embellish? You can download our 8 Point Hiring Methodology Assessment Scorecard and find out. CLICK HERE to download.

Dana Borowka, MA, CEO of Lighthouse Consulting Services, LLC has over 25 years experience in the area of business consulting and helping organizations both nationally and internationally in raising the hiring bar through using in-depth work style assessments.  Dana is a nationally recognized speaker on this topic and has built a well recognized organization that provides expert interpretation of in-depth work style assessments during the hiring process, providing a variety of workshops and assisting those with communication challenges. He is the co-author of the book, “Cracking the Personality Code”.

If you would like additional information on this topic or others, please contact your Human Resources department or Lighthouse Consulting Services LLC, 3130 Wilshire Blvd., Suite 550, Santa Monica, CA  90403, (310) 453-6556, dana@lighthouseconsulting.com & our Website: www.lighthouseconsulting.com

Lighthouse Consulting Services, LLC provides a variety of services, including in-depth personality assessments for new hires & staff development, team building, interpersonal & communication training, conflict management, workshops, and executive & employee coaching.

Jan
21

Is Your Organization Going To Make It To 2010 and Beyond? Part 1

If the question above is keeping you up at night, we have some ideas for you to consider and implement so that your organization will not only make it through the current storm but will thrive well into the future!  You’ll know by reading this article if your ship is heading towards the rocks, towards the open sea, or on a clear course to your destination.

Think for a moment about the various components of a boat that are needed in order to keep it afloat and heading in the intended direction.  Observe how they compare to your organization.

Components of a Seafaring Vessel

Hull – Need to have a structure that can endure and thrive in the elements.

Fuel – The energy needed to move the vessel forward and towards its destination.

Crew – The crew will either make sure the ship reaches its destination in a timely manner or cause it to go off course or cause an incident that could result in loss of resources.

The Changing Environment

Water is the most unstable surface on our planet.  No matter how much planning a business does, a rogue wave can come along and cause havoc. This might be changes in the market, unhappy clients, distribution channels, technology, financial, etc.  Preparation can only go so far, yet if your organization has one key ingredient you’ll be able to survive and thrive beyond your wildest dreams.

Key Ingredient to Thrive

The answer always comes back to having the right crew on board.  It all begins with the selection process, mentoring and staff development.  If this is done correctly, or you have the right people with potential for growth, you’ll not only make it through to 2010… you’ll also be ready to ride the wave of 2011 and beyond!  Let’s take a look at how this works.

By having the right crew on board, you’ll have:

  • Contributors – That will help the ship reach its course through innovation, ingenuity, timely fulfillment of tasks, follow through, etc.
  • Happy customers – They’ll keep coming back due to the outstanding service and quality of the product.
  • Happy employees – They’ll go the extra mile for the organization and its customers.  This also leads to positive word of mouth that can attract top talent.
  • Open Minded Culture – Problem solving is the key to anticipate needs, deal with weather changes, being open to adapting to the environment.
  • Profitability – You’ll meet your organization’s goal and objective where everyone is rewarded for doing a great job and your organization will be able to continue to provide services and products with the opportunity to visit other destinations in the future.

An organization can build a sturdy ship, but without the right people behind the scenes it won’t leave port. All of this starts with the captain of the ship and with its officers.  If they select the correct crew up front, they know the job will get done correctly, in a timely manner and the work can be trusted.  Can you trust that your crew will do their job not only correctly but in a timely manner? Do they also contribute ideas for further improvement so you can get the maximum value from each individual?

If the answer is “I’m not sure” then your answer may be reflective of the future survival of your vessel.  Every organization must have all hands on deck with crew members that are excited and grateful to be aboard and have the ability to perform the best they can.

A Whale of a Tale for Teamwork

A manager once had an outstanding team but always told everyone what to do.  This person didn’t listen, didn’t ask questions, demanded a higher level of volume without asking if the organization could handle it and created a closed environment. Over time things started to slip through the cracks, customers were not getting the attention they needed, sales slipped,  people started to leave and the organization began to develop a bad reputation where recruitment became a problem.  Upper management stepped in and started to ask the team members for their feedback.  It turned out that the manager was not a good fit for that position and was transitioned into another department.  When the new manager was selected, it was based not only on experience but also the ability to work with others.  They learned that it is vital to understand a person’s work style and how they interact with others in order to have a high performing team.  If just one person isn’t “playing well in the sandbox” the effects can ruin a brand and effect sales and future growth of an organization. You can gather additional ideas for working with your current and future crew members by reading Cracking The Personality Code. To order this book, go to: www.crackingthepersonalitycode.com.

Is your culture one of team work and does everyone in your company agree? Have them take our Company Cultural Assessment. CLICK HERE to download your assessment.

Is  your hiring methodology designed to attract top talent and weed out those candidates that embellish? You can download our 8 Point Hiring Methodology Assessment Scorecard and find out. CLICK HERE to download.

Author’s Bio

Dana Borowka, MA, CEO of Lighthouse Consulting Services, LLC has over 25 years experience in the area of business consulting and helping organizations both nationally and internationally in raising the hiring bar through using in-depth work style assessments.  Dana is a nationally recognized speaker on this topic and has built a well recognized organization that provides expert interpretation of in-depth work style assessments during the hiring process, providing a variety of workshops and assisting those with communication challenges. He is the co-author of the book, “Cracking the Personality Code”.

If you would like additional information on this topic or others, please contact your Human Resources department or Lighthouse Consulting Services LLC, 3130 Wilshire Blvd., Suite 550, Santa Monica, CA  90403, (310) 453-6556, dana@lighthouseconsulting.com & our Website: www.lighthouseconsulting.com. Lighthouse Consulting Services, LLC provides a variety of services, including in-depth personality assessments for new hires & staff development, team building, interpersonal & communication training, conflict management, workshops, and executive & employee coaching.

Jan
19

Retaining Top Talent With Non-Monetary Rewards Part 2

Part One listed four of seven things companies can do to retain their top talent without spending a lot or giving increases in compensation.

The first four from Part One are:

1) Verbal Praise

2) Achievement Awards

3) Learning and Development

4) Fun and Recreation Events

Each of these can be done at the department or company level.  Each demonstrates a culture that rewards people for outstanding effort, provides a positive culture, and a culture that signals respect for the employee.

The last three are:

5) Company Wide Attention This is a step up from department rewards and recognition. This is at the company level. It is great to be honored or recognized by one’s boss, however, when it is by the CEO or at a company level it is a completely different experience. Examples include, recognition in the company newsletter or on its Website, the up front parking space, a picture on the Wall of Fame, recognition at the annual staff meeting, a medal of distinction, any seemingly small thing for exceptional performance, for performing beyond the call of duty or an event that demonstrates extra effort.

It is often these small things that have the biggest and lasting impact.

6) Impactful and Meaningful Work This is one of the biggest reasons top talent contact executive recruiters. Top talent must be constantly challenged. They want to know what is expected of them. When clear direction is consistently lacking, they become frustrated and disengage. However, when top talent have a target to hit they will not only engage but strive to hit the bull’s eye.

Giving your best people additional  challenges doesn’t mean you have to constantly be expanding their responsibilities. There is a lot of  ground between saying, “That is your job and that is all there is.” to time-to-time challenging them with a special project, taking something off of your desk and giving it to them, allowing them to serve on an ad hoc project, stretching them with some strategic thinking, or involving them in an inter-department project. We find that all it takes is as little as 5% of top talent’s time to be focused on impactful and meaningful work to make a difference.

7) Feedback This seems so obvious but many managers fail to do it. This is not the “good job” feedback discussed earlier. This feedback is at a much higher level. This is feedback that all top talent want and few get. This is what we call, 1-2-1 time. These sessions can be as short as 20 minutes a month. These 1-2-1 sessions focus on their growth, on improvement, build rapport, show genuine interest by the manager, and give time to demonstrate a personal interest in that individual. In our experience, when a manager takes the opportunity to conduct a 1-2-1 on a regular basis, the employee feels a part of the organization. They have the opportunity to be involved in the department, they can give and get feedback, participate, and be heard by their supervisor.

The 1-2-1 can be one of the most powerful experiences for an employee and their supervisor and it can be done in just 20 minutes a month.

Doing one or all of these seven things can dramatically impact your department or organization. In these difficult times any one of these will cement the loyalty of those top performers to you and your company. They will stand by you in difficult times and excel in great times.

Do you have a culture of performance and feedback? To evaluate your culture, download our free Culture Assessment Worksheet.  See if everyone in your company would describe your company culture the same. CLICK HERE to download.

Is your hiring process effective at attracting, hiring and retaining top talent? You can do a self assessment of your hiring methodology by downloading our 8 Point Hiring Methodology Self Assessment Scorecard. CLICK HERE to download.

If you have an idea that we missed I welcome your input and comments.

Brad Remillard

Jan
15

Retaining Top Talent With Non-Monetary Rewards Part 1

As a recruiter for almost thirty years, I have interviewed and spoken with thousands of candidates.  More often than not, compensation isn’t the reason we are able to get them interested in a new opportunity. Most of the time compensation is a secondary concern. In fact, both myself and my partner, Barry Deutsch, have a long standing policy that if compensation is the issue, we will not work with them.

With our candidates, their primary concern is focused on non-monetary issues. Most of the time it evolves around their boss or the company. This is not to say compensation isn’t important to them, but it isn’t the primary motivator to listen to a recruiter.

The reverse is also true. When potential candidates decide not to listen to a potential opportunity, it usually isn’t because they feel they are overpaid and that no other company will pay them as much. Rather it is generally that they have a great relationship with their boss and love working at the company.

After listening to so many potential candidates turn us down because they were so happy working where they are, we have come up with 7 things  these companies consistently do to create a culture that retains their talent. You don’t have to do all of these, but if you aren’t doing any of them you might want to reconsider.

1) Verbal Praise - These companies give what we call, “Standing Ovations” for outstanding performance. They take the time to recognize when someone goes above and beyond the call of duty. They also give praise  or even a simple thanks when someone does a good job. This is sincere praise and thanks, not just given as a matter of fact.  The contrast is a culture in which the employee’s performance  is viewed as, “just doing their job” or “isn’t that what we pay them to do.”

2) Achievement Awards – Another form of praise. These achievement awards are earned. It is not about sooner or later everyone will get one, so everybody feels good. That loses all of their meaning and significance. These awards take different forms in different companies. Some examples include a reserved parking space, employee of the month, a trophy prominently displayed in the person’s office, certificates, mention in the company newsletter, a pin handed out by the CEO, lunch with the CEO and executive team, take a break and cake on Friday afternoon, etc.  The important point is that the employees appreciate the recognition and don’t take it for granted.

3)  Learning and Development – Top performers want to continue to learn and develop their skills. Does your company encourage on-going learning for your employees? This might include giving them some time off to attend classes, bringing a topic expert in to speak to a group, allowing them to attend a workshop, have an on-line training program they can complete, or encouraging involvement in professional association and trade associations. These types of programs generally don’t take a lot of time or can be performed outside of working hours and the ROI to the company can be huge.

4) Fun and Recreational Events – My daughter works for a private university. They recognize that they don’t pay at the industry level. They overcome this in many ways, but one way is that either her department or the administrative team will do some fun thing that takes an hour or two. Some examples include, a putting contest in the office, a picnic at the park for lunch,one time her department took off an hour early to go see the filming of the Tonight Show, they went bowling during lunch time, they will take a few minutes late in the day and play a game of charades or Pictionary, etc. These are just fun things that make it a great place to work. To the workers this is worth making a few dollars less because they enjoy the people and their efforts are recognized.

Part 2 will cover the final three non-monetary rewards you can do to retain your best talent.

A free audio recording from our radio show that discusses these in more detail is available on our Web site. CLICK HERE to download a copy.

Join our LinkedIn Group, Hiring and Retaining Talent for additional discussions and articles. CLICK HERE to join.

If this article was helpful to you, please pass it on to others so they can also benefit. I welcome your thoughts and comments.

Brad Remillard

Jan
13

Improving Bottom-Line Results: Applying The Living Organization® Model

We often hear from our clients, colleagues, and online audience: “Your model really resonates with my experience of business and it seems to help explain that which is often hard to explain, but does it produce real results?”

Of course, the results business leaders are talking about are the impacts to their organization’s bottom line. The question really is, “What can I expect in terms of increased revenue, lower expenses, higher profits and increased shareholder value by applying your model?

This is an extremely important question and one I will endeavor to address concisely here. (For those who are not familiar with The Living Organization® Model click here to download a short white paper).

First, let’s acknowledge that business is a time-based game. By this, I mean that time is a critical factor in determining successful results. Growing from $80 million in revenues to $200 million in 20 years is a far different level of organizational performance than achieving that same growth in just 3 years. Delivering an innovative new product to market in 6 months yields a better result than achieving that same goal in 24 months.

In other words, time is a critical dimension in producing bottom-line results. Basic results measures such as Return on Investment (ROI) incorporates time as one of the key variables in its calculation.

So, anything that reduces the time it takes to achieve desired goals will improve the bottom line. As one of our CEO clients has noted, “your model helps me increase the velocity of execution and that is why we are adopting it.”

What did he mean by “increase the velocity of execution” and how does The Living Organization® Model do that?

A company’s success is determined by the production and delivery of goods and services that are desired and adopted by the market it serves. A company’s strategy is a roadmap of how it plans to accomplish this objective. It consists of the organization’s understanding of the market, its vision of how its unique contribution will best serve the market, and the specific tactics and initiatives it needs to execute to realize its vision, goals and objectives. Therefore, the bottom line results will be determined by two factors: 1) how well the company has defined the right strategy, and 2) how well the company then executes that strategy.

At Quantum Leaders, we believe that execution is the more important of the two factors. A mediocre strategy that is well executed will out-perform an outstanding strategy that is poorly executed. Why? Because a well-executed strategy achieves its goals and objectives faster, or said another way, velocity of execution is increased.

What does it take to shorten the time to achieve the desired goals?

To achieve our goals we must take into account all the variables and forces that will either hinder our progress or propel us forward, minimizing the former and maximizing the later. We must understand all the forces impacting our ability to achieve our desired results, just as a ship’s captain must know how to power and maneuver his boat amid the invisible forces of wind and current.

What if the ship’s captain did not understand the way in which the forces of wind were impacting the ship’s progress? How quickly and effectively would the captain be able to arrive at the desired destination? How effective would you be if you did not understand – or were not even aware of – the invisible forces impacting your execution?

There are many forces impacting an organization’s execution. Some of these are easily identifiable such as those in the Activity field. But like the wind and the current, the forces in the Relationship and Context fields are not readily observable. Without a tool like The Living Organization® at your disposal crucial factors invariably remain in our blind spot. Simply put, we cannot improve what we cannot see.

The ARC Framework™ component of The Living Organization® model makes visible what has been heretofore mostly invisible. This tool maps the fields of Activity, Relationship and Context to the domains of Leadership, People, Process and Markets that allows us to better understand, identify and manage the flow of energy across the enterprise. With our tools, the organization’s leadership can more effectively diagnose the factors impeding execution. They can identify the clogs in the flow of energy within the organization, and develop specific actions to remove them.

In essence, when all the potential barriers to success have been laid bare before you, the shortest and most optimal path to reaching your goals becomes clear. You are therefore able to more quickly identify the most efficient roadmap to reach the desired goals, address all critical problems along the way and thereby increase the speed and efficiency of strategy execution.

The Living Organization® Model and the ARC Framework™ increases the velocity of execution, thereby improving your bottom-line results. It’s that simple!

This is the first in a series of installments on The Living Organization® Model. Be sure to read the next few weeks’ posts, in which we highlight specific applications of The Living Organization® within our clients’ companies, and the specific results they have achieved as a result!

About the Author:

 

Norman Wolfe, founder of Quantum Leaders, Inc., has spent over 35 years working with a variety of organizations from technology start ups to Fortune 500 companies. He is a published author, professional speaker, and leading expert on executing corporate strategy.

Norman is the creator and author of The Living Organization® – a breakthrough new business model designed to help today’s leaders understand the dynamic forces underlying business success and failure in the 21st century. Today, he continues to write and expand upon The Living Organization’s® series of featured products, assessment tools, and books. Download a free white paper here. Visit www.quantumleaders.com for more information about Norman and Quantum Leaders.

Jan
11

Networking . . . Part (3)

If you’ve been following the posts on this blog, you will recognize the similarity between the comments I have made about the art of networking with the comments made on the sales process. The sales skill ladder has four rungs: Product Based Selling, Solution Based Selling, Consultative Selling, and finally Trust Based Selling. As I’ve mentioned with respect to sales, the first three rungs are salesperson oriented. The fourth rung is truly, genuinely, authentically, client focused. We have the clients best interest at heart. It’s the same for networking!

The networking ladder might be: Card Based Networking, Group Based Networking, My Strengths Based Networking and finally Trusted Relationship Networking. As before, the first three are focused on you and the highest rung is truly focused on helping others and trusting that what goes around will come around – without having that in the forefront of your mind when networking.

On the first rung, the so-called networker believes that s/he has had a great evening when they leave the dinner event with 25 or more cards. What a great night! Well, I highly doubt it. What that person has is a bunch of cards, but no knowledge of the persons giving them the cards. How could they? 25 cards in a couple of hours? How much time did they spend asking questions to find out how they could help the other person?

On the second rung, the networker is targeting a special interest group which makes things a bit more comfortable to contact people because there is a “common interest.” You can build on that common interest to develop a relationship. My observation is, however, that few people practice the art of finding out what they can do for the other person. They are still focused on their own needs.

On the third rung, the networker is now aware that they need to be showing how they add value. So they tend to speak to others about what they can do to solve common problems companies might be experiencing. However, the conversation is still focused on them even though they are touting their added value. This conversation is fine with someone who asks you how they might find potential employment/client opportunities. But it is for AFTER they ask you to explain, not before.

The fourth rung of the networking ladder is where the accomplished networker spends most of her/his time. They ask lots of questions about the other person. They are genuinely interested in the other person. They are the ones who leave a huge dinner event with only three cards. They’ve spent a minimum of 20 minutes with each of those persons getting to know what they do, how the came to be where they are, what their interests are, and what is going on in their lives that might offer an opportunity for assistance of some kind. They make a promise to do something to help the other person and then they make sure they do it. They are careful to choose groups and events that will attract the people they want in their network. They are all about developing trust and serving others. Authentically, with no quid pro quo expected.

This is definitely not a new concept. I’ve observed that very few sales folks, even highly effective sales folks, understand Trust Based Selling. I’ve noticed that the most effective networkers DO understand Trust Based Selling and they carry it over to their networking activities. Those who fail at networking are also pretty poor sales people; they are inconsistent in their results and their customers are not at all loyal.

Here are some resources on these topics:
Never Eat Alone – by Keith Ferrazzi
Trusted Advisor – by David Maister
Trust Based Selling – by Charles Green
Other great resources might be Think and Grow Rich (mastermind concepts), How to Win Friends and Influence People, The Tiberias Success Factor.

What are you doing to network properly? Are you building long term relationships or collecting contacts?

Download our 8 Point Hiring Process Assessment Scorecard. Use this to ensure your hiring methodology is as effective as it can be for 2010.

Would all your employees describe your culture the same way? This a critical when networking and hiring. Our Cultural Assessment Worksheet will help you ensure you have a consistent understanding of your business culture.

About the author

Dave Kinnear is a sought after Business Advisor and Mentor. He works with highly successful executives through one-to-one mentoring and coaching meetings. Individuals who are presently running successful businesses and executives in transition work with Dave to ensure meeting corporate and/or career goals. Through his affiliation with Vistage International, Dave convenes and facilitates Advisory Boards comprising Business Owners, Company Presidents and Chief Executives dedicated to becoming better leaders who make better decisions and achieve better results.

Jan
7

Networking . . . Part (2)

In a previous post, I got on my soapbox concerning networking etiquette and what I believe networking really is all about, and that is building trust and long term relationships. I mentioned that it is a long and difficult process. It is also highly rewarding. If you buy into my concept of networking, then you are also likely recognizing that you can never stop networking; even when gainfully employed.

This situation, continuous networking, is not at all unlike the dilemma I discovered when I founded my consultancy. While I’m delivering services, I’m not marketing. Inevitably, I’d wake up one day and realize I had “no place to go.” And then I’d start the long process of marketing again and hope that something turned up soon. The same is true if you’re a “W2 employee” and you let your network lapse while you are focused on your job at the company you serve. At some point, you will realize it’s time for you to “move on,” and you’ll have to scramble to build your network.

So how do we address this situation? I have no silver bullet to offer. My sense is that the only thing to do is to make sure you keep a core group of maybe ten to twenty really close relationships alive and well no matter what you are doing. That way, it will take less time to reconstruct a meaningful network when the time comes. Find ways to stay in touch and help your key network relationships. Send useful articles, keep up to date on what they are doing, meet for coffee or a quick, early breakfast. Stay focused on them.

There may be some help here in using the now “hot” technology of social networking software. It’s amazing how well LinkedIn works to help me stay in touch with colleagues. I’m now exploring using this blog, Facebook, and Twitter as a way of staying in touch and providing value. I’m not sure what will finally shake out as being the most effective, but I’m giving it the good old “college try.” You might want to explore using technology to help you keep in touch with your network as well. Remember though, it’s about providing value, not self-serving.

Data I’ve seen in multiple places indicates that “C-Suite” positions last an average of 24 to 36 months. “C-Suite” executives do not find their next assignment on Monster or other media. They find it through their network. So you’ll need your network every 2 or 3 years and it takes a year, minimum, to build a solid network of colleagues. It’s not what you know, it’s not even who you know. It’s really who knows you. And as we’ve discussed, that means you have to be genuinely interested in knowing and supporting those in your network first.

Download our 8 Point Hiring Process Assessment Scorecard. Use this to ensure your hiring methodology is as effective as it can be for 2010.

Would all of your employees describe your culture the same way? This is critical when networking and hiring. Our Cultural Assessment Worksheet will help you to ensure that you have a consistent understanding of your business culture.

About the author

Dave Kinnear is a sought after Business Advisor and Mentor. He works with highly successful executives through one-to-one mentoring and coaching meetings. Individuals who are presently running successful businesses and executives in transition work with Dave to ensure meeting corporate and/or career goals. Through his affiliation with Vistage International, Dave convenes and facilitates Advisory Boards comprising Business Owners, Company Presidents and Chief Executives dedicated to becoming better leaders who make better decisions and achieve better results.