Category: Business Commentary

Are You Restless?

I heard a "motivational coach" once say that people need quick coaching.  In a sound-bite world like ours, I guess I shouldn't be surprised. Maybe he thinks that if it takes longer than ten minutes, people won't move.  Is this true for you?  Are you restless? In some ways it is true, but I think its more a matter of leaders not giving people substance and candor. Clarity goes a long way in the creation of energy. People rise or fall on the expectations of the leader. And certainly he or she's time spent in helping a follower matters. 

In my experience, nothing has come easy or overnight…no matter how much I wished it would have.  The truth of what the term "long run" means, applies hear. You probably get that reality is far different than fantasy and we avoid the ugly truth of waiting like the plague. 

We claim we're too busy to spend more than ten minutes to grow ourselves.  It's as if life is lived half-empty. What a mistake!  I think most are just lost and not sure where to go.  They've given up on their dreams and are accepting a poor imitation.  Titles, money, power and the like won't fill up the vacuum inside you.  Human beings were not wired to be fulfilled by the titles, money and power.  Titles, money and power were designed to be used for the benefit of others…that's the only way they can be held in check.

Think about the following:

  1. Is what you're chasing really that important?
  2. Are your relationships suffering or growing because of what you're chasing?
  3. Why can't you give more than ten minutes (if that describes you) to the gift of life?
  4. Do you really know what your priorities are?
  5. Do you realise that its not all about you (see A Note from Bosses to Employees post from Execupundit)?
  6. Do you know that all of us are terminal?

Ideas Are Not Enough

Ideas are not enough in business and personal. There was a point in my entrepreneur journey, though, when I believed having a great idea was enough. It isn't.

I attended a breakfast meeting this morning sponsored by a local group, TechColumbus. The presenters were from Clarus Parners and they gave wonderful insights into the art and science of presenting your business for funding/investment.

As I sat in the meeting, I couldn't help but think about how much I've learned over the last 5 years. I'm pleased to be where I'm at today. One of the big lessons is understanding that you can't just rely on a good or great idea. Your ideas need a full-spectrum of attention. It runs from capital to advice.

Here are some notes from the presentation this morning:

  • Know your sales trends. Are they up? Are they down. Is the trend long or short-term in nature?
  • What's the real value of your idea? Warren Buffett said, "Price is what you pay. Value is what you get."
  • Be realistic in your projections.
  • Investors want to see that you've got "skin in the game." How much of what you've got (money, time, intellectual property, etc.) is attached to the idea?
  • Funding comes when both sides see desired value.
  • Surround yourself with quality advisors.

 

Candor and Clarity

I've written before about the importance of clarity on the part of managers. Most of that was directed at mid-level managers who are often tasked with leading individual contributors.

This post is directed at those who are steering at the senior level. It may be an obvious, but candor and clarity is important. Consider the following:

  • Every organization should be willing to be clear and candid about the direction of the enterprise. If you are a publicly-held group, then you may have some disclosure issues to navigate. That said, legal limitations on what can and cannot be disclosed should not be an excuse for a lack of candor and clarity.
  • Every organization should let their employees know what the value system is based on, even if it means the employee is not at the top of the list. Avoiding this discussion/communication could be fatal. So many employers and employees operate under assumptions. Assumptions that go out the window when the storms come.
  • Every organization should be clear about how the organization makes money. This places a shared accountability and education.
  • Every organization must understand the life-cycle of and employee and give those employees the room to move on. So many organizations live in fear of employees leaving. Turn-over (internally or externally) due to terrible managers is bad (really bad), turn-over due to an employee completing the mission and moving onto a new dream is a great thing. By the way, the latter example might make your company a highly desired place to work.
  • Every organization should be able to communicate when the end is near. I know it sounds morbid, but don't tell an intelligent adult things are good when collapse is not far off. By giving them the tough reality upfront you give an opening to prepare. Every good employee deserves this kind of candor and clarity.

If you work for an organization that finds candor and clarity nearly impossible, I would consider moving on because a lack of candor and clarity is usually a sign of decline. The irreversible type of decline.

The Hard Choice

Daily, we all face a multitude of choices. Human nature drives us to the easy ones. Defining moments are found in the hard choice. You know, the one you'd rather not do or would rather ignore.

The problem is really on the front-side pain. The initial struggle and dislike associated. Many lose out on their dreams by giving into their fear and avoidance.

It would be great if there were a voice telling us "it's ok, the pain is worth it." The truth is we do-in one form or another.

The listening and doing part is the crux. 

Output and Input

A post from 2008 that I got to thinking about this week. To this day, I'm struck by the silence on the input side of things.

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It's easy to get excited by the output of one's work.  In many ways, a leader can feel a sense of justification for what's flowing from their perspective tributary. 

If you connect with glowing about your output, then you could be missing something vital.  You could be missing the input.

Here's why you might not think, or like to think about, you input:

  • The input part is the hard work of your endeavor.
  • The input part is the pain of your endeavor.
  • The input part is the fears you've dealt with in the journey.
  • The input part is the hope within your heart.
  • The input part is the sense of destiny you feel deep inside.

There are times I still have to look away from my own "inputs."  But we must look and examine what has gone into what has been produced.   

There are some valuable benefits to embracing the input: 

  • It will keep you from thinking your management style is a 10.
  • It will humble you and bring a sense of thankfulness.
  • It will redefine how you define success.  You'll discover that the journey is where the gold is.  Think about a marvelous road trip and what you see along the way.  The destination can never compare.
  • It will help you know who really digs you.  People who are for you are the ones that have time for you when no one can see the tangible (fame, wealth, influence, etc.) benefits of the output.
  • The world will smile at the thought of you because embracing input implies an inside-out approach.

The input is the gold found in our lives.  Ironic how our age worships output instead.  Some longing for meaning I suppose.

Corporate Madness

Corporate madness is a malady that often goes untreated. We are paying a price for this.

I wrote last week about the dangers around the status quo. I have been struck over the last few weeks of the madness within the corporate world around this. It's as if hope has replaced the action of fixing what will eventually kill. Hope has turned into do-nothing.

By the way, the one with the best and biggest retirement package does not win. Never has, never will.

The erosion continues.

Does Your Corporate Team Look Like Urban Meyer’s?

Since the Buckeyes kicked-off their season last weekend, I wanted to re-post this again.

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I live on a planet where Urban Meyer is the head coach for the Ohio State University Buckeyes football team. To say that people around here are excited would be an understatement. They see him as a winner (2 national championships) and someone who will do many great things for the program. Reasonable thinking would say that's the right view. But this post isn't about collegiate football. It's about your company/organization.

Does your corporate team look like Urban's?

I'm amazed at how many senior leaders virtually worship coaches and sports teams like OSU, and yet structure their teams in way that is contrary to the winning principles of those people and organizations. And before you say the two are different, think of how many times a senior leader, marketing dept., HR uses the word "team." 

I know you can't duplicate exactly the model of a football team, but think about the following:

  • Every football team (pro included) has a coaching staff. They also have managers, but they're usually the ones responsible for making sure the Gatorade tanks are full.
  • Every football team practices. This doesn't happen at an event for two days or when a course shows up in their email inbox.
  • Every football team makes it a priority to be in game shape. This includes physical, mental and emotional.
  • Every football team makes it a priority to know their competition.
  • Every football team strives for a goal that is much bigger than the individuals who comprise the team.

Wouldn't it be cool to see an organization structure themselves like a real team? Where the fruit of a real team comes alive. Think of all the stakeholders who would benefit in this kind of structure. Think of how much more sense corporate life would make.

If there are any senior leaders or corporate boards out there who see this as complete nonsense, then how about getting rid of the the word team? A little honesty would go a long way here. 

Leadership and the Social Media Frenzy

Wrote this a few years ago, regarding leadership and the social media frenzy, and it still has relevance today.

I'm all-in on the trends created by social media.  This is natural because of my involvement (passion and revenue) in it.  Lois Kelly reminds us though, of how some elements are timeless-leadership and change.  You can read her post here.

If were a poor leader before the social media frenzy, then you're probably still a poor leader.  The way that changes is when you do something relating to your heart.  Anything less is a waste of time, and you don't have as much of that as you think.

I am encouraged by quality leaders who went into the social media arena strong, but are now stronger for the tools (Twitter, blogs, etc.) found there.

Which category do you fall into?  The answer will be an awakening-either way.

Fear and Greed

This post was originally written in 2006, it was timely then and timely now. Is your organization paying attention?

I read today that Jeff Skilling of Enron fame wasn't in "it" for the money.  He just wanted to build a solid business.  I'm not here to judge him, but his comments are telling…as it relates to fear and greed.

Oh, how great it would be if every junior executive/manager got the workshop on fear and greed.  It wouldn't guarantee total bliss, but it might reduce the wrecks.  Sadly, corporations fail to talk about this due to their own addictions.  You see fear and greed can be habit forming.  They seem OK when you first taste, but leave behind ruined lives afterward.

If you're new to management or ownership, take some time to deal with the issues of fear and greed.  No matter how well you think things are going.  Your employees/subordinates will thank you for it.