Why Your HR Exec Should Be Your Most Trusted Advisor

As captain of the organization, your role is to make bets on strategy as well as bigger bets on people to carry out that strategy. This is the understood dynamic, but the problem is with the reality of the people/strategy matrix.

On paper, that all makes sense. To grow it you need a strategy, to realize it you need the people. So here’s the question: Where is HR in this dynamic formula?

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Price of Admission

If, as so many companies are prone to say, “People are our greatest asset,” then the assumption would seem to be that HR is the guider of that asset. So taking it a step further, knowing that this is what’s needed for organizational success, why are HR executives (or the CHROs) not invited into the inner sanctum? What is the price of admission? Finance, marketing, IT surely have a ticket, but in a lot of companies HR is on the outside looking in.

According to two recent studies by the Conference Board as well as PWC CEO Surveys, human capital was shown as either No. 1 or No. 2 for CEO’s concerns. (Small note: The Conference Board survey showed human capital as No. 2 with innovation being No. 1. — so how can we innovate without that most important asset?)

Again, why is the CHRO not one of the CEO’s most trusted advisors? It’s kind of like having a specific medical problem and turning to the family doctor. Normally in those circumstances your family doctor will refer you to a specialist who deals with your disorder every day — a specialist steeped in the knowledge of your ailment.

People-Driven Strategy

So if human capital/talent is the major determinate in reaching organizational goals, then the role of your top HR executive should be as the main trusted advisor to the CEO. And being the main trusted advisor does not mean having to go through the CFO or CAO — it means reporting directly to the CEO.

Talent has taken on such an importance in organizational life today. “A” talent will be the differentiator of great organizations in the future. Innovation, the elephant in the room, is driven by talent and not the other way around.

The lifeblood of successful organizations is going to be centered on attracting and retaining talent. For organizations to be winners in their market there must be a high level of talent within all levels of the organization.

Talent Determines Trajectory

When I worked at Martha Stewart as VP of HR during its infancy, we had an extraordinary level of talent within the organization. Recipes, design ideas, magazine stories, etc. were all created by an amazing group of talented individuals. Sure, Martha had the final say, but those ideas came through the stable of talent that we assembled.

The offshoot of having top talent is that when your organization becomes known as a talent marketplace, prospective employees are clamoring to get in. I noticed an article the other day about Yahoo getting 12,000 resumes per week. This is because they have taken a company that was on the ropes and made it hot again. With heat comes talent.

Sure, Yahoo has the strategy in place, but it is the people and the culture that will drive this company back to both profitability and stature. Out of that treasure trove of resumes will be game changers who could drive the disruptive innovation that all companies are thirsting for. Bringing in or nurturing top talent and creating a culture that thrives on challenges will always produce innovative ideas. Talent will be the key to the kingdom.

Let the Experts Be Experts

The CHRO’s domain of expertise is people, culture and the dynamics for building optimized workforces. We have distinctive knowledge and insight about the importance of an organization’s human capital, and how to situate that capital in a way that allows for the success of that organization’s strategy.

The human capital/talent dynamic is not only a critical business function in itself, but it is also directly connected with innovation, operational excellence and other challenges within the organization. People-driven strategies will create value for years to come, enabling your company to create a garden of talent within the confines of your own office that will yield a bountiful harvest over the long term.

But you have to let the gardener into the garden.

 

By Ron Thomas, a Chief Human Resource & Administrative Officer currently based in Riyadh, Saudi Arabia. 

3 Beliefs That Transformed My Work-Life Balance

By for The Daily Muse

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It was probably about my third month living New York City when I realized that I had lost control. I was working long days while also trying to stay fit, build rapport in the media community and have a vivacious social life (and maybe get some shut-eye). My schedule would be booked for weeks in advance, but still I wouldn’t want to turn down requests to do anything, and would instead try to puzzle-piece them in. At the end of each day, I would come home drained at 10 p.m. or later, feeling like I didn’t do half of the things I’d meant to.

But what was worse than the exhaustion was the frustrating realization that my calendar was controlling me — not the other way around.

So, after an especially hectic week, I decided it was time to take a step back and re-evaluate how I was filling my all-too-limited time (seriously, when will they figure out how to add more hours into the day?). And I realized it was going to take some serious mindset changes to live the healthy, balanced life I was hoping for.

Read, below, for the new beliefs I’ve adopted that have given me much more control over my time — and a much more balanced life.

1. Free Time Doesn’t Have to Be Available Time

I’m sure we’ve all been in this situation: A colleague asks you to attend an event with her next Thursday evening. You peek at your calendar to see if it would work, and sure enough, that block of time is free of any obligations. “Sure, I’d love to do it!” you answer, before really thinking about it. But as the words come out of your mouth and you scan the rest of your week, you realize that block of time is the only one that isn’t filled — the only time you would’ve had to yourself to run errands, cook dinner or watch your favorite trashy TV show.

Until now.

Especially during my first couple of months in NYC, when I was trying to take advantage of every social opportunity possible, I found myself doing this far too often. And then I found myself getting to that Thursday evening, and secretly hoping that the event would get cancelled just so I could have a hot second of down time.

Maybe you’re the type of person who can keep going and going without needing a break (and if you are, please share your secrets). But if you’re like me and need time to recharge, saying yes to anything that happens to fit into your schedule is not sustainable. It’s important to remind yourself that you can turn invitations down for no other reason than you want that time to yourself, and that your free time can be just that: free.

If keeping this idea in the back of your mind doesn’t help you get a few moments to breathe, try the strategy, below.

2. If it’s Not on the Calendar, it Won’t Happen

I’m sure you’ve heard this refrain — most often in reference to actually exercising during the week. But I’ve started applying it to almost everything in my life after realizing that there were important tasks that were just never getting done because other things were butting them out. These things include planning my upcoming vacation or cleaning my apartment.

I used to operate under the mindset of “I’ll get to it when I have time,” or vaguely promise myself that I’d tackle my life maintenance “sometime this weekend” — until it dawned on me that I will never have that time unless I make it.

If you feel like basic things are starting to slide off your schedule, try this: Sit down and make a list of things that need to get done every day, every week and every month, and determine how much time they take; this can include everything from activities you need for basic living — an hour a week for personal administrative tasks (e.g. buying plane tickets, paying bills), 15 minutes every day for tidying up — to personal non-negotiables like an hour twice a week to cook, or a few hours of “you” time every week.

Then, put blocks of time on your calendar for all these things for the next three months. It may sound super militant to schedule your life like that, but the times you schedule now don’t actually have to be set in stone. As events come up that conflict with your personal tasks, feel free to move them around; just make sure you move them somewhere else on your schedule — not remove them altogether.

3. Sometimes My Time is More Valuable Than My Money

I attended a panel a few weeks ago where journalist Jean Chatzky shared how she had recently allowed herself to hire a car service to drive her daughter around because doing it herself was preventing her from having time to focus on other important things.

I’m generally a do-it-myself kind of person — especially when doing it myself can save me money — but hearing her say that gave me pause to think about places in my own life where it would be worth spending extra to save time. For me, that meant finally coughing up the cash to have someone else do my laundry, giving me a few extra hours every couple of weeks to focus on side projects.

Think about the regular tasks that suck time away from you, and then look at your budget to see if you might be able to pay a little more for them, so you’re able to do more valuable things. If it’s cooking, look into meal-delivery services. If it’s cleaning or home maintenance that you feel is holding you back, try a service like Handybook to have someone do it for you. You could even consider hiring a virtual assistant.

Whatever it is, if you have room in your budget, do it without guilt and don’t look back.

Like many of you, I will continue to be busy, and continue to say yes to too many things. But by adopting these new beliefs, I have a little more control over my time.

Charisma isn't something you have. It's something you earn.

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By Jeff Haden

Some people instantly make us feel important. Some people instantly make us feel special. Some people light up a room just by walking in.

We can't always define it, but some people have it: They're naturally charismatic.

Unfortunately, natural charisma quickly loses its impact. Familiarity breeds, well, familiarity.

But some people are remarkably charismatic: They build and maintain great relationships, consistently influence (in a good way) the people around them, consistently make people feel better about themselves--they're the kind of people everyone wants to be around...and wants to be.

Fortunately we can, because being remarkably charismatic isn't about our level of success or our presentation skills or how we dress or the image we project--it's about what we do.

Here are the 10 habits of remarkably charismatic people:

1. They listen way more than they talk.

Ask questions. Maintain eye contact. Smile. Frown. Nod. Respond--not so much verbally, but nonverbally.

That's all it takes to show the other person they're important.

Then when you do speak, don't offer advice unless you're asked. Listening shows you care a lot more than offering advice, because when you offer advice in most cases you make the conversation about you, not them.

Don't believe me? Who is "Here's what I would do..." about: you or the other person?

Only speak when you have something important to say--and always define important as what matters to the other person, not to you.

2. They don't practice selective hearing.

Some people--I guarantee you know people like this--are incapable of hearing anything said by the people they feel are somehow beneath them.

Sure, you speak to them, but that particular falling tree doesn't make a sound in the forest, because there's no one actually listening.

Remarkably charismatic people listen closely to everyone, and they make all of us, regardless of our position or social status or "level," feel like we have something in common with them.

Because we do: We're all people.

3. They put their stuff away.

Don't check your phone. Don't glance at your monitor. Don't focus on anything else, even for a moment.

You can never connect with others if you're busy connecting with your stuff, too.

Give the gift of your full attention. That's a gift few people give. That gift alone will make others want to be around you and remember you.

4. They give before they receive--and often they never receive.

Never think about what you can get. Focus on what you can provide. Giving is the only way to establish a real connection and relationship.

Focus, even in part and even for a moment, on what you can get out of the other person, and you show that the only person who really matters is you.

5. They don't act self-important…

The only people who are impressed by your stuffy, pretentious, self-important self are other stuffy, pretentious, self-important people.

The rest of us aren't impressed. We're irritated, put off, and uncomfortable.

And we hate when you walk in the room.

6. …Because they realize other people are more important.

You already know what you know. You know your opinions. You know your perspectives and points of view.

That stuff isn't important, because it's already yours. You can't learn anything from yourself.

But you don't know what other people know, and everyone, no matter who they are, knows things you don't know.

That makes them a lot more important than you--because they're people you can learn from.

7. They shine the spotlight on others.

No one receives enough praise. No one. Tell people what they did well.

Wait, you say you don't know what they did well?

Shame on you--it's your job to know. It's your job to find out ahead of time.

Not only will people appreciate your praise, they'll appreciate the fact you care enough to pay attention to what they're doing.

Then they'll feel a little more accomplished and a lot more important.

8. They choose their words.

The words you use impact the attitude of others.

For example, you don't have to go to a meeting; you get to go meet with other people. You don't have to create a presentation for a new client; you get to share cool stuff with other people. You don't have to go to the gym; you get to work out and improve your health and fitness.

You don't have to interview job candidates; you get to select a great person to join your team.

We all want to associate with happy, enthusiastic, fulfilled people. The words you choose can help other people feel better about themselves--and make you feel better about yourself, too.

9. They don't discuss the failings of others...

Granted, we all like hearing a little gossip. We all like hearing a little dirt.

The problem is, we don't necessarily like--and we definitely don't respect--the people who dish that dirt.

Don't laugh at other people. When you do, the people around you wonder if you sometimes laugh at them.

10. ...But they readily admit their failings.

Incredibly successful people are often assumed to have charisma simply because they're successful. Their success seems to create a halo effect, almost like a glow.

Keyword is seem.

You don't have to be incredibly successful to be remarkably charismatic. Scratch the shiny surface, and many successful people have all the charisma of a rock.

But you do have to be incredibly genuine to be remarkably charismatic.

Be humble. Share your screwups. Admit your mistakes. Be the cautionary tale. And laugh at yourself.

While you should never laugh at other people, you should always laugh at yourself.

People won't laugh at you. People will laugh laugh with you.

They'll like you better for it--and they'll want to be around you a lot more.

5 Reasons Employee Engagement Programs Fail

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The latest State of the American Workplace report from Gallup tells us once again that only about 30% of Americans are engaged at work. The number of disengaged workers costs the U.S. $450 billion to $550 billion per year.

This engagement crisis is the same story we’ve been hearing for over a decade, yet most organizations still fail in their efforts to increase the commitment of their workers. Why?

Based on my own journey from bad boss to Best Place to Work award winner, and on my reviews of hundreds of case studies, these are the most common reasons executives’ employee engagement efforts fail:

1. They confuse engagement with happy.

Often engagement initiatives crater in the C-suite because senior executives don’t know what employee engagement is. They may confuse it with nice but “soft” efforts to make employees “happy.”

Engagement is the emotional commitment one feels to their organization, and to the organization’s goals. When engaged, employees give discretionary effort—the secret sauce to gains in productivity, sales and ultimately profits.

2. They don’t think engagement can be measured.

Even some notable business gurus were quoted recently as saying, “Don’t try to measure engagement or you’ll kill it.” Or you can’t measure engagement, but you know it when you see it.

To the contrary, HR consultancies from Gallup to Kenexa have found ways to measures proxies of engagement. Measurement is the first step in managing better outcomes.

3. They measure it but don’t share results.

Typically, when an engagement survey is completed, the results are scrutinized by the C-level executives and the HR professionals. Rarely are all the results shared throughout the company. Only when individual managers get their own team scores can transformation occur.

4. All the ideas for improvement come from the top.

Related to No. 3 above, senior execs often work as a council of wise men and women, brainstorming better benefits or new award programs for the whole company. The secret to engagement is that it comes from the relationships front line managers have with their direct reports. Only action planning at the individual team level will generate the ideas that will move the needle.

5. They think it’s about picnics and parties.

Unfortunately, top-down ideas typically include things like summer picnics, dress down Fridays and Employee of the Month awards. The true drivers of engagement are growthrecognitiontrust andcommunication. While people might feel “happier” during the time of a party, only a true change in their daily and weekly work experience will make them feel emotionally connected to their organization.

The employee engagement crisis has gone on long enough. All organizations that strive for excellence should implement an annual measurement survey, share the results down to the front-line managers, and insist on team-level action planning to move the scores in the right direction.


Kevin Kruse is a NY Times bestselling author, speaker and serial entrepreneur. His latest book is Employee Engagement for Everyone.

Please Stop Complaining About How Busy You Are

This post really hit home with me.  Over the past few years, I have focused intensely on managing time.  I suffered from the misconception that busyness meant business.  It doesn't.  If you are too busy for your work, your family, your faith, yourself... then something is wrong.  

Take time to read the article below then find resources to help you get control of your time. There is no more valuable asset.  It is irreplaceable, limited and manageable.  Don't fall victim to the belief that being busy means you are getting the right things done in your life and your business.

by Meredith Fineman

We're all just so "busy" these days. "Slammed" in fact. "Buried." Desperately "trying to keep our heads above water." While these common responses to "How are you?" seem like they're lifted from the Worst Case Scenario Handbook, there seems to be a constant exchange, even a a one-upping, of just how much we have on our plates when we communicate about our work. 

My favorite "busy" humble-brag was that of a potential client who apologized for lack of communication due to a "week-long fire drill." What does that even mean? Does this mean there were fake fires, but not real ones, all week? Does calling it a "drill" mean that everything is okay? Is your business in flames? Should I call someone?

Then there was the date I had with a fellow who was so busy "crashing on deadlines" that he asked me to "just make a reservation somewhere" for him. I was floored. 

So much of this is about out-doing each other. To say that "I'm busier than you are" means I'm more important, or that my time is more valuable, or that I am "winning" at some never-finished rat race to Inbox Zero. (Inbox Zero is another absurd contest to tackle at another time.) What you're trying to say with these responses is: I'm busier, more in-demand, more successful. 

Here's the thing: it's harming how we communicate, connect, and interact. Everyone is busy, in different sorts of ways. Maybe you have lots of clients, or are starting a new business, or are taking care of a newborn. The point is this: with limited time and unlimited demands on that time, it's easy to fill your plate with activities constantly. But this doesn't mean that you should. 

To assume that being "busy" (at this point it has totally lost its meaning) is cool, or brag-worthy, or tweetable, is ridiculous. By lobbing these brags, endlessly puffing our shoulders about how "up to my neck" we are, we're missing out on important connections with family and friends, as well as personal time. In addition to having entire conversations about how busy we are, we fail to share feelings with friends and family, ask about important matters, and realize that the "busy" is something that can be put on hold for a little while.

I am not trying to belittle anyone's work-load in the slightest. But in using it as a one-upping mechanism, we're failing to connect in a very substantial way. And we're making the problem worse: When everyone around us is "slammed," it's easy to feel guilty if we're not slaving away on a never-ending treadmill of toil. By trying to compete about it, we're only adding to that pool of water everyone seems to be constantly "treading" in. And all this complaining is having serious effects on our mental health. 

And yet we continue to use long hours as a sort of macho badge of honor.

We need to work smart, not (just) hard.

Just because you clocked 15 hours at your office, with likely dry eyeballs and a complete lack of focus, doesn't mean you've accomplished things in a smart way. Many people have written or spoken about this. Typically, you have 90-120 minutes before you devolve into internet fodder or social media. If you're putting in 15 straight hours at your desk, without breaks, how good is your output? How much time are you wasting?

The distinction between working hard versus smart has hit me as an entrepreneur. In high school and college I was always that girl who read all the assigned reading (and no, I was not giving you my study guide). I created outlines, outlines of outlines, and then flashcards. One of my greatest lessons as a businessperson has been to throw out that skill set. This isn't to say you shouldn't be diligent or that you should half-heartedly execute, but rather, that it's crucial to know what you have to do as opposed to everything you could do. It's about being strategic. 

For once, I'd like to hear someone brag about their excellent time management skills, rather than complain about how much they can't get done. Maybe we could learn something from each other.

In fact, I'll start — here are three tactics I've been using to work smarter:

Constrain the time. The more I constrain my time, the more focused and productive I feel, and the less I waste time on low-priority work. If you can only afford to spend 45 minutes on a certain project, then only spend 45 minutes on it — and move on, even if it isn't perfect.

Use a scheduler. If you're really up to your neck, it's very easy to find a scheduler, virtual or otherwise, to help put things on your calendar. Sometimes it's a matter of freeing up that time used for coordinating plans to actually doing them. Zirtual is a great answer to this. As is the DIY scheduler Doodle.

Cut the fat. Once I cut out superfluous meetings that were not: fun, productive, leading to new business, or really had something wonderful in it for me professional or otherwise, that plate emptied a little bit. (Here's a tool for figuring out what to cut.)

Yes, we all have some strange need to out-misery each other. Acknowledging that is a first step. But next time you speak to a friend and want to lament about how busy you are, ask yourself why. Try steering the conversation away from a complain-off. With some practice you might find yourself actually feeling less "buried" (or at least feeling less of a need to say it all the time).

And maybe that's something worth bragging about.

MEREDITH FINEMAN

Meredith Fineman is a publicist and writer living in Washington, DC. She is the founder and principal of FinePoint Digital PR

Be Happier: 10 Things to Stop Doing Right Now

Sometimes the route to happiness depends more on what you don't do.

Happiness--in your business life and your personal life--is often a matter of subtraction, not addition.

Consider, for example, what happens when you stop doing the following 10 things:

1. Blaming.

People make mistakes. Employees don't meet your expectations. Vendors don't deliver on time.

So you blame them for your problems.

But you're also to blame. Maybe you didn't provide enough training. Maybe you didn't build in enough of a buffer. Maybe you asked too much, too soon.

Taking responsibility when things go wrong instead of blaming others isn't masochistic, it's empowering--because then you focus on doing things better or smarter next time.

And when you get better or smarter, you also get happier.

2. Impressing.

No one likes you for your clothes, your car, your possessions, your title, or your accomplishments. Those are all "things." People may like your things--but that doesn't mean they like you.

Sure, superficially they might seem to, but superficial is also insubstantial, and a relationship that is not based on substance is not a real relationship.

Genuine relationships make you happier, and you'll only form genuine relationships when you stop trying to impress and start trying to just be yourself.

3. Clinging.

When you're afraid or insecure, you hold on tightly to what you know, even if what you know isn't particularly good for you.

An absence of fear or insecurity isn't happiness: It's just an absence of fear or insecurity.

Holding on to what you think you need won't make you happier; letting go so you can reach for and try to earn what you want will.

Even if you don't succeed in earning what you want, the act of trying alone will make you feel better about yourself.

4. Interrupting.

Interrupting isn't just rude. When you interrupt someone, what you're really saying is, "I'm not listening to you so I can understand what you're saying; I'm listening to you so I can decide what I want to say."

Want people to like you? Listen to what they say. Focus on what they say. Ask questions to make sure you understand what they say.

They'll love you for it--and you'll love how that makes you feel.

5. Whining.

Your words have power, especially over you. Whining about your problems makes you feel worse, not better.

If something is wrong, don't waste time complaining. Put that effort into making the situation better. Unless you want to whine about it forever, eventually you'll have to do that. So why waste time? Fix it now.

Don't talk about what's wrong. Talk about how you'll make things better, even if that conversation is only with yourself.

And do the same with your friends or colleagues. Don't just be the shoulder they cry on.

Friends don't let friends whine--friends help friends make their lives better.

6. Controlling.

Yeah, you're the boss. Yeah, you're the titan of industry. Yeah, you're the small tail that wags a huge dog.

Still, the only thing you really control is you. If you find yourself trying hard to control other people, you've decided that you, your goals, your dreams, or even just your opinions are more important than theirs.

Plus, control is short term at best, because it often requires force, or fear, or authority, or some form of pressure--none of those let you feel good about yourself.

Find people who want to go where you're going. They'll work harder, have more fun, and create better business and personal relationships.

And all of you will be happier.

7. Criticizing.

Yeah, you're more educated. Yeah, you're more experienced. Yeah, you've been around more blocks and climbed more mountains and slayed more dragons.

That doesn't make you smarter, or better, or more insightful.

That just makes you you: unique, matchless, one of a kind, but in the end, just you.

Just like everyone else--including your employees.

Everyone is different: not better, not worse, just different. Appreciate the differences instead of the shortcomings and you'll see people--and yourself--in a better light.

8. Preaching.

Criticizing has a brother. His name is Preaching. They share the same father: Judging.

The higher you rise and the more you accomplish, the more likely you are to think you know everything--and to tell people everything you think you know.

When you speak with more finality than foundation, people may hear you but they don't listen. Few things are sadder and leave you feeling less happy.

9. Dwelling.

The past is valuable. Learn from your mistakes. Learn from the mistakes of others.

Then let it go.

Easier said than done? It depends on your focus. When something bad happens to you, see that as a chance to learn something you didn't know. When another person makes a mistake, see that as an opportunity to be kind, forgiving, and understanding.

The past is just training; it doesn't define you. Think about what went wrong, but only in terms of how you will make sure that, next time, you and the people around you will know how to make sure it goes right.

10. Fearing.

We're all afraid: of what might or might not happen, of what we can't change, or what we won't be able to do, or how other people might perceive us.

So it's easier to hesitate, to wait for the right moment, to decide we need to think a little longer or do some more research or explore a few more alternatives.

Meanwhile days, weeks, months, and even years pass us by.

And so do our dreams.

Don't let your fears hold you back. Whatever you've been planning, whatever you've imagined, whatever you've dreamed of, get started on it today.

If you want to start a business, take the first step. If you want to change careers, take the first step. If you want to expand or enter a new market or offer new products or services, take the first step.

Put your fears aside and get started. Do something. Do anything.

Otherwise, today is gone. Once tomorrow comes, today is lost forever.

Today is the most precious asset you own--and is the one thing you should truly fear wasting.

JEFF HADEN learned much of what he knows about business and technology as he worked his way up in the manufacturing industry. Everything else he picks up fromghostwriting books for some of the smartest leaders he knows in business.
@jeff_haden

Flat Out, The Best Show on TV: The Profit

I love business.  I've enjoyed a 30 year career of working in, starting and growing companies.   So it shouldn't be any surprise that I am a fan of the new CNBC show, "The Profit" with Marcus Lemonis.  But how do you explain my 17 year old son loving it?!

The Apprentice began a trend of glamorizing and dramatically over simplifying business for entertainment sake.  Shark Tank (a show I enjoy) has made venture capital cool and more easily understood by the masses. But the difference between being a successful entrepreneur and a successful business person is one word... execution.  The Profit aligns the two in an entertaining and educational way and the result is a great show!

I recently connected with Marcus on LinkedIn and sent the following note, "Congrats on the success of the show.  More importantly, thanks for presenting a business reality show that is "real world".  My 17 year old son finally understands what I do with Vistage!  The episodes have fostered discussions around business principles, turnaround strategy and why people come first.  Your show is about executing as an entrepreneur, not just the more glamorous idea aspect!  Great work."

I recommend you check out The Profit on CNBC Tuesday nights.  Be sure when you do, you plop your kid down next to you.  They will complain at first, it's not sports or a sitcom.  But perhaps after a few minutes, the challenges, fun and importance of running a business will resonate with them as well.  It's a great conversation starter that could lead to developing a future leader.

10 Things You Must Give Up to Move Forward

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BY: MARC CHERNOFF

If you want to fly and move on to better things, you have to give up the things that weigh you down – which is not always as obvious and easy as it sounds.

Starting today, give up…

  1. Letting the opinions of others control your life. – People know your name, not your story.  They’ve heard what you’ve done, but not what you’ve been through.  So take their opinions of you with a grain of salt.  In the end, it’s not what others think, it’s what you think about yourself that counts.  Sometimes you have to do exactly what’s best for you and your life, not what’s best for everyone else.
  2. The shame of past failures. – You will fail sometimes, and that’s okay.  The faster you accept this, the faster you can get on with being brilliant.  Your past does not equal your future.  Just because you failed yesterday; or all day today; or a moment ago; or for the last six months; or for the last sixteen years, doesn’t have any impact on the current moment.  All that matters is what you do right now.  Read Awaken the Giant Within.
  3. Being indecisive about what you want. – You will never leave where you are until you decide where you would rather be.  It’s all about findingand pursuing your passion.  Neglecting passion blocks creative flow.  When you’re passionate, you’re energized.  Likewise, when you lack passion, your energy is low and unproductive.  Energy is everything when it comes to being successful.  Make a decision to figure out what you want, and then pursue it passionately.
  4. Procrastinating on the goals that matter to you. – There are two primary choices in life: to accept conditions as they exist, or accept the responsibility for changing them.  Follow your intuition.  Don’t give up trying to do what you really want to do.  When there is love and inspiration, you can’t go wrong.  And whatever it is you want to do, do it now.  There are only so many tomorrows.  Trust me, in a year from now, you will wish you had started today.
  5. Choosing to do nothing. – You don’t get to choose how you are going to die, or when.  You can only decide how you are going to live, right now.  Every day is a new chance to choose.  Choose to change your perspective.  Choose to flip the switch in your mind from negative to positive.  Choose to turn on the light and stop fretting about with insecurity and doubt.  Choose to do work that you are proud of.  Choose to see the best in others, and to show your best to others.  Choose to truly LIVE, right now.
  6. Your need to be right. – If you keep on saying you’re right, even if you are right now, eventually you will be wrong.  Aim for success, but never give up your right to be wrong.  Because when you do, you will also lose your ability to learn new things and move forward with your life.  ReadThe 7 Habits of Highly Effective People.
  7. Running from problems that should be fixed. – We make lifeharder than it has to be.  The difficulties started when… conversations became texting, feelings became subliminal, sex became a game, the word ‘love’ fell out of context, trust faded as honesty waned, insecurities became a way of living, jealously became a habit, being hurt started to feel natural, and running away from it all became our solution.  Stop running!  Face these issues, fix the problems, communicate, appreciate, forgive and LOVE the people in your life who deserve it.
  8. Making excuses rather than decisions. – Life is a continuous exercise in creative problem solving.  A mistake doesn’t become a failure until you refuse to correct it. Thus, most long-term failures are the outcome of people who make excuses instead of decisions.
  9. Overlooking the positive points in your life. – What you see often depends entirely on what you’re looking for.  Do your best and surrender the rest.  When you stay stuck in regret of the life you think you should have had, you end up missing the beauty of what you do have.  You will have a hard time ever being happy if you aren’t thankful for the good things in your life right now.  Read The Happiness Project.
  10. Not appreciating the present moment. – We do not remember days, we remember moments.  Too often we try to accomplish something big without realizing that the greatest part of life is made up of the little things.  Live authentically and cherish each precious moment of your journey.  Because when you finally arrive at your desired destination, I guarantee you, another journey will begin.

4 Questions That Keep Things Simple

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Although it doesn’t show up explicitly in any personality test, some people seem to be more prone to creating complexity than others. Instead of cutting to the heart of an issue, they tangle it further; rather than narrowing down projects, they allow the scope to keep expanding; and instead of making decisions, they defer until there is more data and better analysis.

These behaviors are characteristics of people that I call “complexifiers.” Like Pig-Pen, the Peanuts character who carries around his own cloud of dust, complexifiers seem to leave complexity in their wake, making it more difficult for subordinates, colleagues, customers, and even family members to get things done. Here’s a brief (disguised) example:

Due to changing market conditions, price compression, and the slow introduction of new products, a billion-dollar consumer products unit was starting to see erosion in market share and profitability. To turn things around, senior management brought in a new general manager, an industry expert named Phillip who had previously run the consumer products practice for a large consulting firm.

Phillip turned out to be a classic complexifier. At every meeting with his team he asked for additional data and berated his people for not knowing the answers to every detailed question he could think of. And although he seemed to be dissatisfied with some members of his team, he kept telling HR that he wanted more time to evaluate them, so no changes were made. Eventually he reorganized the unit into a functional/geographic matrix that he explained through an intricate series of slides that most of his people didn’t fully understand. He also created additional metrics that required people to spend more time on reporting. The net result of all this work was that people in the unit were busier and under more pressure than ever before — but market share and profitability continued to decline.

Obviously Phillip represents an extreme example of a complexifier with his insatiable hunger for additional data and inability to make fast decisions. But all of us fall into this category from time to time. If this kind of pattern seems all too familiar to you, and you want to learn how to think more like a “simplifier,” here are four questions that you can ask yourself and/or discuss with your team:

How much data is enough?

Complexifiers always want more information, with the hope (or fantasy) that the next bit or byte will answer all questions and hold the key to success. Simplifiers understand that there will never be complete data and that it’s necessary to create hypotheses and action plans based on an intuitive sense of how much is enough.

Have we agreed on the key priorities?

Complexifiers like to hedge their bets and not commit to a definitive course of action, particularly since some new information might surface that will change the plan. So rather than get locked in to a few things, complexifiers ask their people to keep multiple balls in the air. Simplifiers on the other hand narrow the focus to a few key things and give their people permission to stop doing things that don’t make the cut.

Do we have an efficient process for rapid review and course correction?

Complexifiers like to spend their time in long meetings, sorting through reports and analyses, and trying to manage lots of disparate and unfocused work streams. Simplifiers have focused reviews of the key priorities and hold people accountable for their commitments and results. They also learn as they go, continually testing their hypotheses about what should be done against the reality of what’s working and what is not. This allows them to shift course whenever it seems appropriate or necessary.

Can we explain our plan to others?

Complexifiers have a hard time communicating their plans to colleagues and customers, relying on intricate charts and diagrams and convoluted slides rather than simple, straightforward messages. One of the key characteristics of a simplifier is the ability to tell stories that convey the situation, the goals, and the plans — in a way that helps people understand what they need to do and how their work fits with everything else.

Some people are naturals at simplification. But for the rest of us, asking these questions can help keep us honest about whether we are slicing through complexity, or creating it.

Reprinted from HBR.org

7 Things Really Persuasive People Do

by Kevin Daum

While many people don't like to sell, most find themselves having to persuade someone at some point. Persuasion is not just for salespeople and their prospects. You may try to persuade an employee to perform better, or perhaps you want to persuade your boss to take on your brilliant idea. Often the most effective persuaders are your kids. Somehow they come by it naturally while you, the adult, has to work hard to find the persuasive path to success.

Whatever your persuasive need, here are 7 things that the most persuasive people consistently do:

1. They Are Purposeful

Truly persuasive people understand their power and use it sparingly and knowingly.  They understand that most conversations do not require trying to get someone to do or accept something. Aggressive pushers are a turn-off and will put most people on the defensive. It's the person who rarely asks or argues that ultimately gets consideration when they strongly advocate an idea, especially when they do it with power and persistence.  Simply put, they pick their battles. Want to persuade more? Argue and advocate less often.

2. They Listen ... and Listen ... Then Listen Some More

People who know how to persuade also know that just pushing your own argument will get you nowhere. They certainly are able to articulate their position in a convincing way, but that is only half the equation. They are actively listening when in persuasion mode. First, they are listening to assess how receptive you are to their point of view. Second, they are listening for your specific objections, which they know they'll have to resolve. Last, they are listening for moments of agreement so they can capitalize on consensus. Amazingly persuasive people are constantly listening to you and not themselves.  They already know what they are saying. You can't persuade effectively if you don't know the other side of the argument.

3. They Create a Connection

It's easy to dismiss people who are trying to persuade you if you have no emotional stake in them or their argument. Really persuasive people know this, so they will be likeableand look for common ground to help establish emotional bonds and shared objectives.They show empathy for your position and make it known that they are on your side. They manage their impatience and wait for you to give them permission to advocate their approach. You'll persuade people much more easily if they are open and aligned with your desires.

4. They Acknowledge Credibility

Really persuasive people understand that there is no sense wasting time arguing facts. Most of the world does not function in black and white. They value strong opinions and will make sure that you are entitled to yours. In fact, they will make sure they give you full credit for every argument of yours that has some validity. This makes it harder for you to fully dismiss their point of view. When you are persuading people, reinforce their credibility on facts and opinions rather than dismissing them outright. Then they'll be more likely to pay you equal respect in the exchange and be more open to the merits of your opposing view.

5. They Offer Satisfaction

Smart persuaders know that they don't have to win every little battle to win the war. They are more than willing to sacrifice when it helps the overall cause. They are ready to find the easiest path to yes. Often that is simply to give you what you want whenever possible. In my old lending days, we would often deal with busy underwriters who asked for items we knew they already had. Instead of arguing the point, we would just resend the documents and save our energy for issues that were not so easily resolved. Give ground where you can and hold your ground only where it matters. Choose being successful over being right.

6. They Know When to Shut Up

Successful persuaders get that you don't win the battle by constantly berating people with an unending verbal barrage. Wearing people down is not an effective strategy. They carefully support their arguments and check in with questions that will help to close the conversation. Then they step back. The great sales trainer Tom Hopkins still today teaches these decades-old techniques of his mentor J. Douglas Edwards. His most important lesson is "Whenever you ask a closing question, shut up. The first person who speaks, loses."

7. They Know When to Back Away

Urgency and immediacy are often the enemies of real persuasion. It's possible to close a less significant sale through urgency, but deep ideas require time and thought to take root. Great persuaders bring you along in your own time. And they give you the space and time to carefully consider their position. They know that nothing is more powerful than your persuading yourself on their behalf. That almost never occurs in the presence of the persuader. The next time you want to persuade someone of something truly important, follow the tips above, make your case, and walk away. If they don't come around, you were probably wasting your effort in the first place.

7 Tactics For Fostering Work-Life Balance

Via CEO.com

Moderation in all things, they say, but sometimes all things don’t cooperate. As a result, today’s demands on the average employee can easily strain one of the most important factors contributing to their overall satisfaction—a healthy work-life balance.

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Fortunately, many of America’s largest corporations have taken measures to offer accommodating benefits that help employees maintain a lifestyle that adequately balances personal, work and family needs. These companies were recently recognized by Glassdoor.com, an online career community where employees can offer feedback on their workplaces, in its third annual list of the Top 25 Companies for Work-Life Balance (based on the past year).

Atop this year’s list sits SAS Institute, an analytics software company that received high marks in past years as well. According to Glassdoorspokesperson Samantha Zupan, SAS employees “speak favorably about the flexible work schedules, thirty-five-hour work weeks, and the understanding managers.”

We continued to comb Glasdoor’s results to reveal seven specific tactics employers can take to bolster work-life balance for employees:

1. Supportive management

No one likes bureaucracy or politics in the office. The “underlings” end up feeling stressed and unappreciated, begrudging their workload and taking their frustration home with them. Instead, surprise employees with understanding and collaborative senior leadership that goes out of its way to encourage work-life balance.

2. Strong core values

Whether old school or trendy, firm or free-reign, workplace culture often determines how well employees enjoy their time in the office. Take the time to reinforce foundational ideals such as honesty, respect and dedication. These values will help employees feel rooted on both a personal and professional level.

3. Performance-based rewards

Everyone likes to be recognized for their hard work—especially when it comes from management. Encourage opportunities for growth by recognizing individual excellence and rewarding appropriately. Your employees will feel like they’re part of something more than just the work on their desk.

4. Employee-focus

Caring about employees on a professional level through training, mentoring and professional networks should be complimented by caring about them on a personal level as well, through consideration of family time and individual circumstances.

5. Innovation

The best workers—those you hope will stick around—thrive on constant learning, cutting-edge opportunities and a stimulating, but manageable, work environment. Throw these workers a few challenging assignments and watch them flourish.

6. Fun Perks

A beautiful campus, full fridge and nice array of benefits never hurt anyone, and employees are more likely to feel like they’ve snagged the lottery. Small as some of them may seem, benefits that go above and beyond simply providing a cubicle make employees feel important on a personal level, as well as a professional one.

7. Flexibility

While work-life balance can be subjective, all employees are drawn to one major factor—flexibility. In addition to a manageable schedule, offer perks such as telecommuting, paid time off, compressed workweeks, and family-friendly environments.

Take it from the Top 25—with all or some of these elements in place, you’ll be one step closer to helping employees stay happy—and stay, period.

 

 

7 Ways to Make the Rest of 2013 Amazing

By Kevin Daum, via @inc

The year is halfway done. Are you on track to meet your year end goals? Here are some ways to make sure you blow through the finish line by December 31st

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The older I get, the faster time flies. A month seems to go by like a day. It's hard to fathom that half the year is gone and I am already busy helping clients assess their Q1 and Q2 accomplishments. Some of my clients are ahead of schedule; others are a little behind. Of course, I know of many companies that believe they are neither, simply because they don't plan for the year in the first place. (I would argue these companies are very much behind.)

What's past is past, and the coming July holiday is a good time to take stock of your situation so you can set an action plan to make the rest of the year as productive as possible. Regardless of your position or status, there are actions you can take to drive forward your company, division or even your own career.  Here are seven actions to take immediately.

1. Solve at Least One Communication Issue

Nothing gets in the way of accomplishment more than poor communication. No one has perfect communication. Figure out where yours is falling short. It might be ineffective meetings, how you deal with conflict or how you manage criticism. Ask around and self assess. Chances are you'll find several breakdown issues from which to choose. Pick the one that is the biggest obstacle to your end-of-year goals.

2. Eliminate at Least One Useless Practice or Policy

Nearly everyone has daily activities that are inefficient or even unnecessary. These practices often go unnoticed due to habit. Sit with a colleague and list out the actions in your day or in a company process. Brainstorm together how to eliminate or refine the process for efficiency. The more bureaucracy you remove, the more you'll wonder why you were foolishly doing things that way in the first place.

3. Remove at Least One Useless Item From Your Budget

This is a great time to trim the fat. Take a day and go through your entire budget line item by line item. You're bound to find some left-handed smoke shifting or baconstretching service you really don't need. At the very least, figure out how to finally empty out that storage facility that no one has touched for five years. Then you can reapportion the funds toward something that is truly useful and appreciated.

4. Commit to at Least One New Experiment

Once you complete tips #2 and #3 you'll have some extra resources. You might use these to take some new risk that could propel things forward in a big way.  Experimentation is necessary for exponential advancement. It might turn out to be a wasted effort but even failure can be valuable for learning. At the very least, you'll learn what doesn't work.

5.  Make at Least One New Major Connection

It doesn't matter whether you are focused on sales, operations or development. Adding smart people to your circle can help you grow faster. Bring on the employee you have been coveting or go engage the mentor or advisor you have always wanted. Build the team that will take you beyond your expectations.

6. Add at Least One New Competency

There is always some skill you crave to help you advance. If you don't start getting good at it now, you may never get there. According to Malcolm Gladwell you'll need 10,000 hours to master it; if you are pushing 50 like me that doesn't leave much time. (Actually, a company can achieve the requisite hours before the end of the year by assigning 10 people full time for the next 6 months.)

7. Inspire at Least One Colleague

You can accomplish far more with support from others. Find people who are floundering and help get them on track. By unlocking the key to inspiring them you'll inspire yourself more in the process. You'll feel good about moving them from a place of mediocrity and together you can take pride in accomplishment.



Give the Perfect Elevator Pitch

Can you tell what you do in a compelling way?  Believe it or not, most people can't. Here's how to do it efficiently and effectively.

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Ah, the classic elevator pitch. It's a challenge every entrepreneur, marketer, and sales person must meet, and yet most do it poorly. The concept is simple: communicate what you do in the time it takes to ride an elevator from ground level until the door opens and you have to leave. Of course, those of us living in New York have the advantage of very tall buildings. Truthfully though, you have about 1--2 minutes to leave an impression powerful enough to get someone to continue the conversation after exiting.

Everyone needs a simple and compelling way to explain what they do. It's the key to successfully prospecting networking events, chance meetings and parties for new business. But unfortunately the way most people explain themselves comes off self indulgent and boring resulting in wasted conversations and fruitless encounters.

Here is the typical wrong way:

Hi, my name is Frank Smith and I am the CEO of Smith Marketing Services. We help companies grow and we give great customer service. Do you have any marketing needs?

The people on the receiving end may or may not think they need a marketing company. Most likely, they are only thinking about what they are going to pitch to you.  This pitch does nothing to compel people to engage further, only to continue the conversation in hopes you want to buy what they are offering. Ultimately everyone's time is wasted.

A powerful elevator pitch, however, communicates a compelling value proposition that attracts customers predisposed to buy.  It can help you efficiently weed through a large group, stopping only for meaningful conversations with real potential customers. Here is a step-by-step process on how it's done:

Step 1--Connect with Empathy

Create a specific pain statement for the customers you want. You really only want to talk to people who are willing to pay for the problem you solve. Otherwise you are wasting your time and effort.  For example:

You know how growing companies with revenue over $5,000,000 struggle with getting sales people to say the same thing, let alone the right thing? Often they grow on the sales ability of the entrepreneur, never putting efficient marketing systems in place; then they hit a plateau and can't scale.

If the people hearing this don't get it or know someone who would, they can answer no and you can move on, having wasted less than 20 seconds.  But if their company is suffering from the issue you outlined you'll be able to witness their face drop as they identify painfully with the scenario.  Now you immediately look smart and empathetic as they affirm that the picture you painted is terrible and frustrating. You have gained their attention.

Step 2--Offer an Objective Solution

So now they are listening and they just got vulnerable. No need to put them on the defensive. They are thinking you might be pretty smart and insightful. Don't prove them wrong by trying to close just yet. Continue showing them how smart you are by offering up an objective solution to their issues. Begin with the entrepreneurial mantra: Wouldn't it be great...? For example:

Wouldn't it be great if there were a company that could design and implement comprehensive marketing that makes your sales process efficient and lets your salespeople close more deals?

If people don't respond positively to this statement then they weren't really connecting in Step 1 and you can dump the conversation having only wasted 30 seconds total. Those who connect should be now hanging on every word and nodding their heads, thankful that someone finally gets their frustration.

Step 3--Provide Differentiation

Now they are 90% there. The best way to close is by explaining why only you are the best to provide the solution they need. You have to ready a couple of points that truly differentiate you from your competition. Note that "Experience" or "Great Customer Service" won't make you stand out since all of your competitors claim the same even if it's not true. A true differentiator is something your competitor can't do or won't do without great effort or expense. Here's the finish:

My company uses proven project management and storytelling techniques honed from our background in theater. Additionally we use proprietary processes outlined in my #1 bestselling marketing books and my national column on Inc. 

Perhaps I could send you a link to my column or a couple of chapters from my books?

If they say no, you only wasted 1 minute. If they say yes, you have succeeded in starting a conversation that may lead to business.  The last line is incredibly important because it gives you permission to get their email and pursue a relationship. Even if you aren't a writer, have compelling content like white papers, videos or blog posts ready to email and support your pitch as promised. That way you won't have to carry a ton of collateral into every elevator.

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4 Signs You’re Overworked—And What To Do About It

By Jeff Haden

If the buck stops with you—and as a CEO, it definitely does—then you need to stay in the best mental and physical shape possible to deal with every buck that comes along.

That means you can’t afford to get burned out.

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Sometimes it’s obvious you need a break, but in most cases we all figure it out too late. When you’re working double-digit hours and Sunday is far from a day of rest, feeling overworked becomes the new normal—and you eventually hit a wall.

When that happens it can take days and even weeks to recover the enthusiasm, creativity and motivation you’ve lost.

Fortunately a few of the same techniques endurance athletes use to spot the need for additional recovery can be used to indicate when you need to recharge your work batteries.

Where elite athletes are concerned, chronic overtraining actually defeats the purpose and results in decreased stamina, power and speed; sometimes the harder they work the slower they get. The same thing happens to us when we’re overworked: We put in more hours to compensate—and we get even less done. So how can you tell the difference between feeling overworked and really overworking yourself?

Jeremiah Bishop gave me some simple techniques anyone can use to avoid hitting a wall. He’s a professional mountain bike rider and twelve-time member of the U.S. national team. He is to mountain bike racing what an NBA All-Star is to basketball.

To ensure you stay at your professional best:

Monitor your resting heart rate.

Every day, before you get out of bed, take your pulse. (There are plenty of free apps that make it easy. Some even log results.) Most of the time your heart rate will stay within a few beats per minute. But when you’re overworked and stressed your body sends more oxygen to your body and brain by increasing your heart rate. (The same thing happens when athletes over-train and their bodies struggle to recover.)

If your heart rate is up in the morning, do whatever it takes to get a little extra rest or sleep that night.

Check your emotions.

Having a bad day? Feeling irritable and short-tempered? If you can’t put your finger on a specific reason why, chronic stress and fatigue may have triggered a physiological response that sends more cortisol and less dopamine to your brain.

Willing yourself to be in a better mood won’t overcome the impact of chemistry, and in extreme cases the only cure is a break.

Check your weight.

Lose or gain more than a percent of body weight from one day to the next and something’s wrong. Maybe yesterday was incredibly stressful and you failed to notice you didn’t eat and drink enough… or maybe you failed to notice just how much you actually ate.

Lack of nourishment and hydration can put the hurt on higher-level mental functions (which may be why when we’re overworked and feeling stressed we instinctively want to perform routine, less complex tasks.) And eating too much food—well, we all know the impact of that.

Check your, um, output.

Urine color can indicate a lack of hydration (although sometimes it indicates you created really expensive urine after eating a ton of vitamins your body wasn’t able to absorb.)

Generally speaking, the lighter the color the more hydrated you are – and hydration is a good thing. Proper hydration aids the absorption of nutrients and helps increase energy levels.

If your urine is darker than usual the cure is simple: Drink a lot more water.

The key is to monitor each of these over a period of time so you develop a feel for what is normal for you. Pay special attention on weekends and vacations, and if you notice a dramatic change, especially a positive one, that’s a sure sign you need to change your workday routine.

Don’t say this sounds like something only elite athletes need to worry about. We all want to be the best we can possibly be, no matter what our profession, and whenever we slam into the workload wall we are far from our best. And don’t say you don’t have the time to take a short break or get a little more sleep. You owe it to yourself—and your company—to find a way.

Eventually your mind and your body will make you hit a wall, so why not take care of yourself and improve your performance on your terms?

Author: Jeff Haden

Why Successful Companies Stop Growing

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We’ve all seen examples of unstoppable companies that suddenly hit the wall. Growth slows down, stock prices start to decline, shareholders get nervous, and the press starts to speculate that something is wrong. In some cases, like P&G and Starbucks, the board brings back a former CEOwho can presumably return the firm to its previous glory. In other cases, like with Apple, GE, or Cisco, the board holds its breath and hopes that things will change.

But the reality behind many of these cases is that periodic slowdowns are inevitable, even if the company is fundamentally solid. That doesn’t mean that CEOs (old or new), and other managers, can’t do anything to slow the decline or reverse it more quickly. Taking action, however, requires an understanding of the three forces that always drag high-flying companies back to earth.

The first is the law of large numbers. As a company gets bigger, each percentage of incremental revenue suddenly represents a fundamentally larger number. As the base grows, the amount of new business needed to make a material difference in earnings also rises, increasing the pressure on sales to find new markets, new categories, and new geographies. In other words, the larger a company becomes, the more the entire engine has to work harder.

A company’s growth is also inhibited by market maturity. Over time, markets follow morepredictable patterns as buyers become familiar with and loyal to particular brands. Eventually, as the market becomes more crowded, prices tend to stabilize, reducing the ability to grow through price increases. Finally, some markets reach a saturation point either because of limited demographic growth or commoditization of products. Taken together, these product and market life cycle forces all put pressure on the typical sources of growth for marketing and sales.

The third reason that growth slows down is psychological self-protection. As a company gets larger, there is more pressure to preserve the base business and less willingness to cannibalize itthrough innovative new offerings. As a result, at the very moment when the company needs new sources of growth, there is a tendency to play it safe and focus more on adapting existing products and services, rather than breakthrough opportunities. This not only opens the door to potentially disruptive competitors, but constrains moves into whatever is perceived as “risky” territory.

Taken together, these natural forces almost always damp down growth, which is why we shouldn’t be surprised when successful companies hit periodic speed bumps. The challenge of course is what to do about it. Here are two suggestions that managers at all levels can consider:

  • Regularly re-examine your business model. In the face of the forces described above, most business models eventually get stale and need to be either abandoned or refreshed. So periodically take a look at what you do, and how you do it — and ask yourself if it still makes sense. Could someone else provide this product or service differently? Do our customers have other choices or have their needs changed? In other words don’t limit your innovation and research to the development of new products and services, but also focus on the possibility of new business models.
  • Think about getting smaller in order to get bigger. A second way to cope is to periodically do some pruning. Like trees that get too spindly, organizations also grow unnecessary branches that reduce the health of the overall enterprise. These need to be cut back in order to allow new shoots to have the resources to flourish. To do so, ask yourself whether some of your products or services may not be producing sufficient returns; or whether you would be better off without some of your customers. These are tough questions that often provoke strong emotional responses. But taking action on them can liberate you and your resources to focus on new opportunities and will lead to more growth in the long term.

There is no such thing as a company that grows forever without eventually hitting the wall, or at least slowing down to go over a speed bump. Through judicious pruning and the exploration of new business models however, managers can minimize the slow downs and give their organizations a better chance at long-term growth.

Reprinted from HBR.org

Are You in Over Your Head?

By Doug Dickerson via Leader's Beacon

If you’re going through hell, keep going. – 
Winston Churchill

A story is told of a group of friends who went deer hunting and paired off in twos for the day. That night one of the hunters returned alone, staggering under the weight of an eight-point buck.

“Where’s Harry?” he was asked. “Harry had a stroke of some kind. He’s a couple miles back up the trail,” In disbelief the others replied, “You left Harry laying there and carried back the deer?” “Well,” said the hunter, “I figured no one was going to steal Harry.”

That humorous story sets up a not so funny real life scenario involving the state of mind of many of corporate leaders in today’s workplace. Writing in Forbes (http://onforb.es/122XxYT), Susan Adams opined about a recent Booz &Co. survey that revealed that “many corporate leaders are not able to keep their priorities straight. They are also pursuing strategies they don’t believe in, and many of their strategies fail to build on the things their companies are especially good at, compared with competitors. It’s like everything that can go wrong already has gone wrong for them.”

More than 3,500 managers from around the world took part on the Booz survey. Here is a sampling of the results:

·         A majority, 64%, said their biggest frustration was having too many conflicting priorities.

·         54% said they don’t believe that both employees and customers understand their strategy.

·         Only 33% said they thought the company’s “core capabilities” support their company’s strategy.

·         Just 21% said all their businesses “leverage their core capabilities.’

·         Only 20% said they think their company has a “right to win” in all markets where it competes.

From these findings we get an idea as to why so many corporate leaders feel the way they do and the need for strong leadership to correct it. The issues are complex and the solutions are varied. If you feel like you are in over your head then here are three solutions worth considering.

Organizational values should be shared not sacrificed. At the heart of your business is a set of values that define who you are, the product you deliver, the customers you serve, and how your will conduct your affairs. It’s the creed of your business that transcends ‘what’ you do and answers the question of ‘why’.

Until everyone is on the same page as it relates to your values you will never carry out your priorities. If managers and leaders are feeling the tension of competing priorities then it’s time revisit your values in order to get to the root of the problem. Values are the glue that binds you together and without them you will always have tension.

Organizational priorities should complement not be in conflict. Not even the best corporate leaders will be able to execute their plans successfully if the company’s priorities are not in harmony with its values and embraced by everyone. When competing agenda’s and ego’s interfere with what’s best of the company then there will be problems.

Everyone has priorities as it relates to individual performance. That being said, those priorities should not run contrary to the overall values and priorities of the organization. They should complement it. If you don’t fully embrace your core values then you will never fully execute your priorities. Why? Priorities flow out of values.

Organizational communication should give clarity not lend to confusion. The lifeblood of your organization is clear communication –on all levels. Many of the concerns expressed by the survey respondents can be traced back, and in part attributed to, poor communication. If the lines of communication are not open and clear it makes keeping priorities straight much more difficult.

Tony Robbins said, “To effectively communicate, we must realize that we are all different in the way we perceive the world and use this understanding as a guide to our communication with others.” This is a great point to consider going forward. Wise leaders will make every effort possible to communicate core values clearly so that they are known and embraced internally, and as a result known and appreciated by your customers.

The challenges of corporate leadership are as complex as they’ve ever been. But in the search for solutions we must not be our own worst enemy by engaging in approaches that are self-defeating. Values should be clear. Priorities should be mutual. Communication must be clear.

What do you say?

© 2013 Doug Dickerson

- See more at: http://www.leadersbeacon.com/are-you-in-over-your-head/#sthash.0FSpiIIH.dpuf

7 Reasons You Can't Learn Leadership on Your Own

By Brian Evje via @inc

Very few entrepreneurs, board members, or investors give much thought to leadership development. That's a huge mistake.

Very few founders, startup CEOs, board members, investors, and others supporting the entrepreneurial community actively pursue and advocate disciplined, professional leadership development. This is an enormous missed opportunity.

Entrepreneurs, especially founders and startup CEOs, need not wait to be encouraged to do this work. They should not consider their own development as a nice-to-have, an indulgence, or an unnecessary expense. They certainly should not delay until their jobs are threatened by their poor performance. 

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Here are seven reasons (among many) that every founder and entrepreneurial CEO should actively develop their leadership, and a question about each.

1.     Leadership development works

Studies consistently demonstrate that organizations with a developmental mindset and holistic leadership programs out-perform organizations that do not. (See the Center for Creative Leadership for some excellent research.)

In which category would you like your company to be?

2.     Leadership is learned and can be taught

The question is not whether leaders are born or made. Rather, we should ask what leaders have made of their attributes (inborn and otherwise), and which experiences they’ve had or missed. Leadership is learned because leaders are not born with special powers. They are made over time through challenges, personal courage, setbacks, self-reflection, and an ability to grow. 

Many leadership lessons require us to unlearn old habits, default reactions, and assumptions about human nature in order to adopt new and different choices and behaviors.

This is not to say that anyone can lead; it is to say that true leaders learn over time. Entrepreneurs need to start learning about leadership, and never stop. 

What are you doing right now to learn about your leadership?

3.     Observing leadership is not the same as developing leadership

A certain amount of learning takes place through observation, and a number of leadership elements can be demonstrated by good role models.  However, there is a massive gap between seeing and doing. Too few people and organizations address this with deliberate, consistent, and constant leadership development.

One particularly stubborn myth is that leadership is something one naturally gains over time, like graying hair.  One survey of 17,000 global leaders found that the average age for their first leadership training was 42, “about 10 years after they began supervising people,” and almost 20 years after they started experiencing leadership in organizations. That’s a long time to observe leaders who are figuring it out on their own, while picking up their bad habits. A better approach is to take charge of the proper way to learn about leadership. 

What is more formal and serious than developing yourself, and what are you doing about it?

4.    Many board members and investors are not good leaders

In truth, many boards don’t know enough about leadership.  After all, boards are comprised of the same representative 17,000 people cited above.  Some are pure investors. Many have experience as executives, and yet are not adept at helping someone else with leadership. Many see themselves as tremendously effective leaders, but they are actually tremendous egotists.  (When you find Board members who contradict these categories, hold onto them with both hands.)

Board members and investors have specific agendas. Helping you grow as a leader is rarely one of them, especially if it interferes with their primary objectives.  Also, learning requires vulnerability, which is not the relationship you want to have with your board.  So, solicit their opinions, listen to their experiences – and then talk about the personal implications with your coach. 

How do you demonstrate your leadership growth to your board without involving them in the direct process?

5.     Leadership is about power

Many entrepreneurial CEOs are surprised by, and uncomfortable with, the intense power dynamics of leadership. They often focus on the personal responsibilities of leadership (“I am now responsible for the livelihood of all my employees”) without recognizing that they must demonstrate their fitness to lead by exercising, balancing, and containing the power of their role. This means making difficult decisions and tradeoffs that may be unpopular and contrary to the ethos of the earliest days of the organization. In a high-growth company, the shift from a happy band of co-founders to an organization of dozens of people can happen in a flash. 

How are you preparing so that the weight of your power does not break you?

6.     You can’t always see the ice cracking beneath your feet

Boards play power games, too, and take power from those who are weaker. You are not immune to these attacks.  Lori Mazan, a Leadership Advisor at Leading From Center, points out that many boards and investors of early-stage companies seem to think that leadership “just happens.”  When they don’t see the CEO embodying their unrealistic version of leadership, they read it as an absence of leadership and a signal to replace the entrepreneur CEO.  This drama often plays out unbeknownst to the CEO -- until it is too late. 

What are you doing to increase your awareness of how you are perceived, and how will you make adjustments?

7.     The future is not the past

Many entrepreneurs approach the founding and leading of a company with the same mindset they engaged before they were entrepreneurs.  Wanting to hold onto the past is an understandable reaction to change, but not terribly useful for the forward-looking challenges of leadership. 

A very hard element of personal growth is the awareness, discipline, and courage to set down the skills, activities, and identity of the past, in order to pick up new things for the future.  You can’t carry both.  You must listen for what the past is telling you to stop, and learn what the future requires you to start.

Nothing complicated is learned casually, and leadership is nothing if not complicated.  Every leader needs help learning about their leadership. 

From where do you get help?

Why Great CEOs Roll With The Punches

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By Tom Bell 

Every day we see or read about superb acts of leadership. The ones that occupy an indelible place in our minds are often characterized by unexpected high-pressure, traumatic conditions and courageous acts taken within a very limited amount of time—a cabbie delivering a baby, a mayor calming a city after one of the worst terrorist attacks in the history of mankind, a pilot making the call to land a powerless 65 ton piece of steel on a river in the middle of a major metropolis or a primary school teacher protecting her class from a gun-wielding madman.

With the exception of tampered product recalls, oil spills or factory explosions, these types of trials never face the captains of industry. Am I implying that leading a business enterprise is easy? Not in the least. But in the context of taking charge and leading human beings during major or minor crises, every chief executive is blessed with the luxuries of time, subordinate counsel, years of related experience and knowhow imparted by pundits in thousands of books, journals and case studies.

So, why do 21st century CEOs continue to struggle in their roles as leaders of a business enterprise? Consider this: Only two years ago the average tenure of a CEO in America was 8.4 years, down from 10.0 years in 2000. According to The Conference Board reportdismissals were on the rise because of increased accountability of directors and a greater scrutiny from shareholders and activists.

The Conference Board suggests that the pressure of serving as the CEO of a large company in an increasingly competitive global marketplace has resulted in voluntarily shorter tenures, implying that CEOs are leaving on their own terms after fewer years on the job. This is a case of “jump” before you are “pushed.”

Is the tenure problem leadership itself, impatient shareholders, uncontrollable external factors or a combination of all three? Blaming shareholders is a cop-out. The moment shareholders lose confidence in their chief executive, he or she is toast.

A critical role of an organization’s leader is to generate and communicate business progress to all stakeholders. Sometimes that headway doesn’t show up on the profit line of the income statement. Progress may be represented by top-line sales, market share, productivity, innovation, new product launches or expanding distribution. These factors can be the determinants of the organization’s strategic well-being.

Strategic health ultimately results in profit. But profit can also be the worse indicator of a company’s strategic health. Look at any business with increasing profits and declining or stagnating sales; below the shining profit façade is a deep-rooted problem.

In judging CEO performance, there is no place for the uncontrollable factor. Chief executives are paid handsomely to deal with sick economies and currency fluctuations. CEOs aren’t expected to change the world, but they sure as hell can affect how their companies deal with negatives that ostensibly are beyond their control.

Over my 17-year career in the North American coffee business, I must have dealt with three or four Brazilian frosts that pushed the price of coffee futures through the roof. Most of the lessons learned were from the errors the executive team made in the first frost that almost put us out of business. After that calamity, we altered our course to make the best of a difficult situation and always came out of the frost in much better shape than our competition. You do not throw your hands in the air and tell the shareholders to wait for prices to stabilize.

Back to my question—who is to blame for lackluster CEO performance? Though I have no statistical evidence to support my theory, I place most of the blame on leadership itself. Great leadership begins in the interview process. Those keen to secure the job and the big paycheck over-sell and over-promise.

Astute leaders establish the right expectations and continue to manage those expectations in the battlefield. These CEOs deal with uncontrollable issues as the norm, and they have a better shot at a longer tenure—if they want it.

In the late 19th century, someone said, “When the going gets tough, the tough get going.” Today’s successful CEOs have little choice but to walk that talk.

4 Questions Great Interviewers Ask

By Jeff Haden via ceo.com

Most job candidates feel interview questions can be decoded and hacked, letting them respond to those questions with “perfect” answers.

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Guess what: They’re right, especially if you insist on asking opinion-based job interview questions. Every candidate comes prepared to answer general questions about teamwork, initiative, interpersonal skills, leadership, etc.

Interviewing is an imprecise process, but you can improve your ability to evaluate candidates by asking interview questions that elicit facts instead of opinions. Why?

I can never rely on what you claim you will do, but I can learn a lot from what you have already done. Where employee behavior and attitude are concerned, the past is a reasonably reliable indication of the future.

So how do you get to the facts?

Ask. Ask an initial question. Then follow up. Dig deeper to fully understand the situation described, determine exactly what the candidate did (and did not do), and find out how things turned out.

Follow-up questions don’t have to be complicated. “Really?” “Wow… so what did he do?” ”What did she say?” “What happened next?” “How did that work out?”

All you have to do is keep the conversation going. At its best, an interview is really just a conversation.

Here are my four of my colleagues’ favorite behavioral interview questions:

1. ”Tell me about the toughest decision you made in the last six months.”

Goal: Evaluate the candidate’s ability to reason, problem solving skills, judgment, and possibly even willingness to take intelligent risks.

Red flag: No answer. Everyone makes tough decisions regardless of their position. My daughter works part-time as a server at a local restaurant and makes difficult decisions every night, like the best way to deal with a regular customer whose behavior constitutes borderline harassment.

Positive sign: Made a difficult analytical or reasoning-based decision. For example, wading through reams of data to determine the best solution to a problem.

Outstanding sign: Made a difficult interpersonal decision, or better yet a difficult data-driven decision that included interpersonal considerations and ramifications. Making decisions based on data is essential, but almost every decision has an impact on people as well.

The best candidates naturally weigh all sides of an issue, not just the business or human side exclusively.

2. “Tell me about a time you thought a decision was wrong, but you still had to follow directions.”

Goal: Evaluate the candidate’s ability to follow… and possibly to lead.

Red flag: Found a way to circumvent guidelines “… because I know I was right,” or followed the rules but allowed their performance to suffer. (Believe it or not, if you ask enough questions, some people will tell you they were angry or felt stifled and didn’t work hard as a result, especially when they think you empathize with their “plight.”)

Positive sign: Did what needed to be done, especially in a time-critical situation, then found an appropriate time and place to raise issues and work to improve the status quo.

Outstanding sign: Not only did what needed to be done, but stayed motivated and helped motivate others as well. In a peer setting, an employee who is able to say, “Hey, I’m not sure this makes sense either, but for now let’s just do our best and get it done…” is priceless. In a supervisory setting, good leaders are able to debate and argue behind closed doors and then fully support a decision in public even if they privately disagree with that decision.

3. “Tell me about the last time a customer or coworker got mad at you.”

Goal: Evaluate the candidate’s interpersonal skills and ability to deal with conflict. Make sure you find out why the customer or coworker was mad, what the interviewee did in response, and how the situation turned out both in the short- and long-term.

Red flag: The interviewee pushes all the blame — and responsibility for rectifying the situation — on the other person.

Positive sign: The interviewee focuses on how they addressed and fixed the problem, not on who was to blame.

Outstanding sign: The interviewee admits they caused the other person to be upset, took responsibility, and worked to make a bad situation better. Great employees are willing to admit when they are wrong, take responsibility for fixing their mistakes and learn from experience.

Remember, every mistake is just training in disguise… as long as the same mistake isn’t repeated over and over again.

4. “Tell me about the last time your workday ended before you were able to get everything done.”

Goal: Evaluate commitment, ability to prioritize, and ability to communicate effectively.

Red flag: “I just do what I can and get the heck out of there. I keep telling my boss I can only do so much but he won’t listen…. “

Positive sign: Stayed a few minutes late to finish a critical task, or prioritized before the end of the workday to ensure critical tasks were completed. You shouldn’t expect heroic efforts every day, but some level of dedication is certainly nice.

Outstanding sign: Stayed late and/or prioritized… but most importantly communicated early on that deadlines were in jeopardy.

Good employees take care of things; great employees take care of things and make sure others are aware of potential problems ahead of time just in case other proactive decisions make sense.

Keep in mind there are a number of good and great answers to this question. “I stayed until midnight to get it done” can sometimes be a great answer, but doing so night after night indicates there are other organizational or productivity issues the employee should raise. (I may sometimes be glad you stayed late, but I will always be glad when help me spot chronic problems or bottlenecks.) Evaluate a candidate’s answers to this question based on your company’s culture and organizational needs.

There are plenty of other behavioral questions you can use. Just know that when you stick to fact-based questions you quickly get past a candidate’s prepared answers; few candidates can bluff their way through more than one or two follow-up questions. Plus, you’ll easily identify potential disconnects between a candidate’s resume and their actual experience, qualifications and accomplishments.

And best of all you’ll have a much better chance of identifying potentially great employees, because awesome candidates tend to stand out during fact-based interviews.