Posts

Why? Why not?

, , ,

These may be the two most important – and least-asked – questions.  “Why?” makes you think about purpose.  “Why not?” opens you up to new possibilities.

Let’s start with why. The answer to this question identifies the reason behind a decision or an action.   It is purpose.  Motivation.

If you are making sound decision, your why for anything you do is based on your values, your passion, and your goals.  A trifecta of motivation.  The reason for doing something is due to your strong belief that it is right and good to do based on what is important to you, and it helps you reach an objective or milestone.

In business, why has huge implications.  Every action your team performs, every product or service you sell, and every decision you make should move you toward your goals and be in line with your values and purpose.  If not, you are wasting both time and resources.  Can you afford to do something simply because you’ve always done it that way without considering a new approach?  Should you even be doing it at all?

Of course, to answer these questions you must know your purpose, values, and goals.  Not in some vague way but with specificity and clarity.  If you can’t do that, this is your starting point.

Let’s move to why not.  Asking this question forces you to consider new ways of doing things.  It gives you freedom to think of alternatives, to try new methods, to reinvigorate your team, to reach your goals faster.  It helps you stay relevant.  It allows you to dream and try new things.

Why not keeps you from becoming stagnant, stuck in the same place.  Markets, customers, technology, and trends are always changing, and your business must adapt.  You must find new ways to be more efficient and effective.  You must reach new customers.  You must stretch yourself and your team.

Author Louise Penny says, “Life is change.  If you aren’t growing and evolving, you’re standing still, and the rest of the world is surging ahead.”  Asking “why not?” can be scary but it is necessary.

When you do consider new options, your why and your why not must be in alignment and compliment each other.  In other words, your new possibilities should reflect your passion and goals.

I encourage you to take the time to reflect on your why and consider your why not.

Are you limiting your team’s success?

,

If you are a business owner or leader of a team, repeat after me: “It’s all my fault.”

Wait, what? Yes, the buck stops with you. You are ultimately responsible for your team’s success.

Let’s assume that you have hired a great team. Bright “go-getters” who want nothing more than to be part of a winning team. To succeed in their chosen career. To make a difference. But…

Maybe it seems all you do is put out fires. Maybe the smiles are gone from your employees’ faces. Maybe they are checking out internet job boards for new challenges. Maybe your customers are looking for greener pastures. These are just some of the signs that you haven’t set your team up for success.

Sure, they receive a fair salary in exchange for their efforts, they have good benefits, and they like the casual dress code and the free snacks in the break room, but you haven’t given them the tools they need for success. So what is missing?

Clear goals and consistent feedback.

They need a clear challenge. What are your goals for the year? If your team can’t immediately tell you what they are trying to accomplish for the year, then your chances of success are almost nil. Tell them! Be specific.

Let your team know if they are winning. Once you’ve spelled out the goals, make sure your team knows the score. They really want to win, and the only way to know if they are is to see the results compared to the goal. So tell them! If they are winning, take time to celebrate the success or milestones along the way. Making your goals should be fun.

Hold people accountable. Few things will frustrate team members than someone else who isn’t pulling their weight. That individual will drag an entire team down. When people make mistakes or simply aren’t doing what is expected of them, it is your job as the leader to hold them accountable. Your team expects nothing less – after all, that’s your job as a leader.

The three factors above can do wonders for a group. Consistently ensuring those three activities are performed is the foundation of leadership and will move your team toward hitting your goals.

But that’s not all. There are a couple of other responsibilities your team expects from you. And they aren’t always easy.

Remove people who aren’t working out. As hard as you might try, not every hire is a home run. Some just don’t work out despite all your efforts. Your team knows it, too. If someone isn’t a good fit for the team, whether is it a mismatch of values and culture, missing skills, or anything else, keeping that individual does not help the team and in fact hurts them. It’s your job to make the tough call for the good of the team.

Be open to feedback. Your team has ideas that need to be heard. They do the work day in and day out and have insight on what’s working and what isn’t. Let them tell you so you can benefit from their experience. At the same time, you both must understand that not all good ideas can be implemented. Tim Cook, Apple CEO, once said that “We say no to good ideas every day. We say no to great ideas in order to keep the amount of things we focus on very small in number, so that we can put enormous energy behind the ones we do choose, so that we can deliver the best products in the world.”

Your team’s success or lack thereof is ultimately your responsibility. They need clear direction, focus, and feedback, and you have to remove the roadblocks. Doing your job by equipping your team makes your team’s job much easier.

Your business is growing….why don’t you feel like you are winning?

, ,

Your business is growing. You’ve got a great product or service, you know your customers, and you’ve assembled a stellar team. But something has changed. Profitability has slipped, tasks take longer to complete than they should, or your team is frustrated. What’s going on?

You are a victim of your own success. Every business owner goes through it. It is part of the maturation process for any business.

What are some of the reasons you’ve gotten here?

You need to quantify your sales pipeline. Are you investing time in customers or entire market segments that aren’t profitable? Are the wrong types of opportunities taking away resources from more valuable opportunities?

Your systems haven’t kept up with your growth. Systems can be tools, processes, and software. As your business grows – in volume, the number and type of offerings, or complexity – you need to re-evaluate how your team executes the critical business tasks required to meet your customers’ needs and make changes as necessary.

Your team is confused or out of alignment. You’ve added people and maybe even entire departments. Valuable, productive employees who once had their hands in all aspects of the business aren’t sure who does what any more. Efforts are duplicated or worse, missed completely. Everyone is working toward different goals. The company culture you’ve built begins to change.

The bottom line is you are fighting fires. The cost of fighting fires manifests itself when you don’t have time to cast your vision for the company or nurture the company culture. You and your team are busy, but your aren’t effective or productive.

Growing companies will go through challenging periods or even seem to stall. It’s a natural part of the process. The key is to make sure you evaluate the root cause and understand the reason(s) why and take decisive corrective action.