Monday, October 8, 2012
Negotiating: Getting what you need
As far as career
skills go, negotiating is a useful one for the workplace. From snagging the
salary you want; to getting your first pick of project, being able to massage a
situation comes in handy. In Getting More:
How You Can Negotiate to Succeed in Work and Life, author and
negotiation expert Stuart Diamond shares the tips he teaches to his students at
The Wharton School and executives at the 200 Fortune 500 companies for which
he's consulted. His research on negotiation spans 20 years of research, was
conducted in 45 countries and used data from 30,000 people. Here are four of
his tips for never-fail negotiating:
Don't think about
"winning.” Negotiation is not a competition; it's collaboration.
Instead of winning, you should focus on meeting your goals. "If you think
of it as 'winning,' you will think about beating them. And if you do that, you
will not collaborate as much," says Diamond. Define your goals and ask
yourself if your actions are helping you meet them.
Ask what you can do
for them. Negotiation is a give and take, and asking how you
can help the other person can go a long way. "In order to get your needs
met, they have to feel, first, that you are willing to meet their needs. For
instance, when interviewing for a job or asking for a raise or promotion, ask
the company official what needs they want met," says Diamond. Then,
discuss how you might meet their needs -- and vice versa.
Uncover any misconceptions. Diamond says people often have a closer viewpoint than they think, and
an angry approach can prevent you both from seeing how close you really are.
Instead of expressing your distaste for their viewpoint, ask them to clarify
it. "Anytime you have a conflict with someone, ask what the parties are
perceiving, whether there is a mismatch and, if so, why. Also, knowing their
perceptions gives you a better starting point for persuasion, because you
understand the pictures in their heads," says Diamond.
Never threaten or walk
out. Ultimatums and walkouts make agreements a near
impossibility, says Diamond. His favorite example is the NBA lockout of the
past year. "The National Basketball Association wasted $800 million in a
shortened season when the parties refused to deal with each other in a
constructive negotiation setting, wasting precious time that could have been
used to get a deal." Keep your emotions in check or you'll be checking out
of your negotiation.
Tuesday, October 2, 2012
Becoming Extraordinary in Business
These days it's
popular to complain about CEOs having all this wealth and power, how the
"1 percent" has all the advantages, it's not what you know but who
you know, the rich keep getting richer and all that.
You'd think CEOs were
born with the title, like royalty, or just fell right out of the sky into a
cushy corner office chair. The same goes for big successful companies these
executives run. They didn't start out that way.
So before I blow a
gasket, I'm going to try to explain how this really works to all the
know-it-alls who actually have no idea what they're talking about and yet
somehow always seem to have the loudest voices. I'm going to explain how
ordinary people and businesses become extraordinary.
And you know what? I'm
going to explain it in a way that everyone can understand.
There's a great movie
with Tim Allen and Sigourney Weaver called "Galaxy Quest" in which a
bunch of washed-up actors from a cult space TV show -- a Star Trek knockoff --
somehow end up in the middle of a real-life interstellar battle to save an
alien race from genocide.
With the aliens' and
their own lives at stake, the bungling, terrified actors somehow find the
courage to step up to the plate and live up to their show's heroic motto:
"Never give up, never surrender." In the end they save the alien race
from extinction and rid the universe of a bad guy who ranks right up there with
Darth Vader.
Let me tell you
something. Climbing the corporate ladder and building a successful business in
the real world can be exactly like that. It takes tremendous courage,
resourcefulness and perseverance in the face of brutal competition and
adversity that often seem impossible to overcome.
That's why the movie
resonated with me like it did. There were definitely times over the past 30
years when I felt like those actors. Times when my relatively small team and
company, underfunded and under-resourced, went up against gigantic, scary
companies like Microsoft (MSFT)
and Intel (INTC).
There were times when
I wasn't at all sure I was up to the challenge. There were times when I felt
hopeless, even washed up. But I never gave up and I never surrendered. And
every successful corporate executive and business leader goes through the exact
same thing for years and years. Entire companies, too.
When you denigrate Big
Oil, Big Pharma or Big Telecom, you're missing the simple fact that big
companies are nothing but small companies that became really successful through
decades of remarkable effort. And people who worked their tails off to overcome
extraordinary challenges and hardships lead them all. People just like you.
Exxon Mobil (XOM)
CEO Rex Tillerson grew up in a small town in Texas, got a degree in civil
engineering and started out as an entry-level engineer at the Standard Oil
Company of New Jersey, which had just changed it's name to Exxon. As the
company grew, Tillerson climbed the ladder, finally becoming chief executive 31
years later.
Former Verizon (VZ)
CEO Ivan Seidenberg began his career as a cable splicer's assistant right out
of high school. Decades later he became head of NYNEX, a Regional Bell
Operating Company, and through subsequent mergers with Bell Atlantic and GTE
became CEO of newly formed Verizon in 2000.
AT&T (T)
CEO Randall Stephenson joined the Oklahoma information technology department of
Southwestern Bell right out of school in 1982; His predecessor, Ed Whitacre
Jr., started out as a facility engineer, also at Southwestern Bell. He worked
his way up to CEO, acquired one company after another, and eventually grew a
"Baby Bell" into today's AT&T.
There's a common
mantra these days that corporations are not people. Yes, they are. Starbucks (SBUX)
founder and CEO Howard Schultz grew up not far from where I did in Brooklyn,
New York. Steve Ballmer, the often-demonized chief executive of Microsoft, grew
up In Detroit. His father worked for Ford (F).
A good friend of mine,
a former CEO, just bought a beautiful estate in one of the nicest parts of
Los Angeles. He has all sorts of fancy cars. But he didn't start that way.
He worked for decades, first at a research lab, then as an entrepreneur at a
few startups until one finally took off and went public.
All these people are
just like you and me. They all came from working families. And their companies
were no different from any small or midsize business. The only difference is
that they and the employees of their companies worked tirelessly, faced extreme
adversity, overcame the obstacles and made it. They never gave up and
never surrendered.
That's how ordinary
people and companies beat the odds and became extraordinary.
Monday, September 24, 2012
How to Move Forward in Life.
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…
Letting the opinions of others control
your life. – People know your name, but 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.
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!
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 finding and 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.
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.
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.
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.
Running from problems that should be
fixed. – We make life harder than it really needs 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.
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.
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.
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, another journey will begin!
Monday, September 17, 2012
Eliminating Negativity
Trying to manage people who have a poor attitude can feel like a losing
battle. Negativity, left unchecked, will eventually stunt team performance; the
first step to reinstate the positive? Learning to distinguish real negativity
from someone who simply doesn't agree with you.
"You want people on your
team, in any profession, who challenge your thinking and ask the right
questions,” says Suzanne Bates, author of "Speak Like a CEO”.
"Asking questions that are constructive is not negative -- it's an
asset."
But if someone really
needs an attitude adjustment, here's how to help him or her:
Open your office door. Sometimes, consistent negative comments mean an employee feels unheard
by their boss, and the fix couldn't be simpler. "Keep your door open so
people feel comfortable coming in and talking with you informally about what's
happening with the team," Bates says. Those conversations may also help
you find out about a particular person creating an issue. If people are worried
about "tattling," let them know that your conversation will be kept
confidential -- and keep that promise.
Pinpoint the person's
problem. If someone has a sour attitude, figuring out the
cause by talking to him or her one-on-one is crucial. "Ask open-ended,
short questions to get to the root problem. Is your employee frustrated with
her job activity, and if so, why? Are her skills being underutilized,, and if
so, how?"
Encourage employees to
contribute to a team-wide solution. It's important to
ask for input from the group, as well as from the individuals involved.
"One thing we find is that the antidote to negativity can be shared
vulnerability. Ask each member of the team to how they have contributed to the
current state" of the group, says Jim Haudan, author of “The Art of Engagement”.
Then ask them to come
up with a solution -- together. This is more effective than your dictating the
new direction. "When the problem person describes what is to be done, it's
more likely to happen," notes J. Robert Parkinson, co-author of "Becoming
a Successful Manager”. Have the group define details about goals and solutions
and instruct them that it is their responsibility to help maintain this new
code of conduct going forward.
Touch base on any
future negative behavior. Once you've outlined a plan
that has been created, and agreed on, by your team, check in with members
individually and as a group to see how it's working -- or not. "Changes in
negative behavior require time and attention. Permanent changes won't happen
after a single meeting," Parkinson says. Adjust accordingly, and you
should be able to keep a few negative people from dampening the positive spirit
of the larger group.
Monday, September 10, 2012
Leadership-Taking Charge
The problem with leadership is that we're making copycats. We study the
road leaders take and all try to take the same road, creating creative
gridlock. We need more road-makers, more people to follow the spirit of these
leaders' steps, not their actual path. We need more history-bending figures
that seem bigger than life, able to do things that the rest of us see as
impossible. In two words, we need more "iconic leaders." The fact
that so many icons were at the same conference is amazing. The fact that we have
so few icons is tragic.
After looking at this
subject for many years, I believe there are three factors that iconic leaders
have.
The first is a sense
of their own, center of the Earth, core values. Such values are discovered, not taught, not adopted. One of the reasons
leaders tend to come from situations of adversity (poverty, early death of a
parent, illness -- all factors positively correlated with a life that makes an
impact) is that hardships reveal what matters to us -- what principles matter,
and what don't. We all have hardships, but we don't all learn from them. It's
not the hardship that counts; it's the reflection on it that does. People who
are depressed have an edge in this type of learning, because they feel so down
they cannot help but to reflect. The result of great reflection as iconic
leaders all say, as Martin Luther did when challenged about why he was risking
his life: "Here I stand, I can do no other." Gandhi's core values
were dignity and respect. Martin Luther King, Jr. was justice and empathy.
People's core values are as unique as a fingerprint, so my brief summary of a
few iconic leaders’ core values is the beginning of their journey, not the end.
The second element is
that they know their great gift. Great gifts are much
more specific than talents, strengths or abilities. They are a bit like a cat.
They don't come running when you call, but if you create the right environment
they insist on sitting on your lap. Like a cat, you can put them in categories
(long hair, short hair, tabby, ragdoll), but truthfully, no two cats are the
same; each has its own pattern of behavior, it's own personality. If the cat
analogy doesn't work for you, then think of children or best friends. The key
is to get to know the nuance of your great gift -- when it works, when it fails
and situations when it's extra powerful
I referred to finding
your great gift in a previous post, and at a specific conference, several
people were asking me about mine. It's that I take input and ideas from many
fields, companies, empirical research, and synthesize something original. It's
part creative and part discovery. And unlike other synthesizers, I take it all
the way down to specific steps people can take. It's why I write one book every
three years, instead of three books every year. I can't release them until
they're done, until my great gift says, "It's ready." My great gift
is that I synthesize across fields, from history to spirituality to brain
science to mythology, and produce what my tribe calls "actionable insights"
-- a new way of seeing an old problem, with specific steps that people are
inspired to take as a result of the new perspective.
Here's the test of
whether you're on the trail of your great gift: You can do it. When your mind
is idle, your great gift kicks in. If you go days without using it, you feel
like you've neglected a friend. So a great gift is subtle and creates an
obsession at the same time. If you learn to use it, it stops stalking you, and
reveals its nature more and more, every day. A relationship with your gift is
not optional; the only choice is whether your great gift will feed your
leadership story, or whether you feel haunted by an obsession.
The third element is a
"cross-trained intuition." Leaders seem to know
what the right thing to do is, even when others don't. How do they do this? In
almost all the cases I've studied, they drew on insights from a field very
different from the one in which they're leading. Howard Thurman, a missionary
who had met Gandhi, and studied the principles of non-violence, mentored Martin
Luther King, Jr. Many of King's insights came from combining an understanding
of missionary work, with the remarkable life of the Indian leader. As a result
of this influence, his intuition told him to not align himself with either
political party in the United States, to remain outside the system of elected
office, and to side with anyone down on his or her luck, regardless of their
gender, age, race, or religion. His intuition has been trained by studied
something very different from leading a social movement in the United States.
Gandhi's mother was a
Jain, a devotee of a belief system that every living being has a soul. He also
studied the classics, and was especially moved by the story of Harishchandra, a
legendary figure who never told a lie and was a symbol of courage. Later in
life, he became a nonviolent agitator -- values-driven, courageous, and
building a movement that included Hindus and Muslims -- traditional enemies in
India.
The leader with a
cross-trained intuition that everyone is buzzing about is Steve Jobs. He did a
deep dive in minimalism and aesthetics. The computer I'm typing on now -- a new
Mac Book Pro -- shows the effect of his intuition, and how he was famously able
to reject focus group marketing, because people wouldn't know what they wanted
until they saw it. Just as athletes improve their overall fitness by cross
training, leaders who have done a deep dive in a field different from the one
the lead come across as a bit odd at first, then clever, later visionary, and
finally, as godlike in their insights.
If you put these
factors together, you unleash a process called the "genius effect."
It begins when you notice that the status quo offends you. You get mad, even
outraged. The source of this anger, if you trace it back, is that the way
things are violates your core values. You can do something about it -- your
value compels you to action, even though the challenge seems like it would
require a Manhattan Project to tackle. You do have a secret source of ability,
which is your great gift. As you get to know it, you find that it's activated
by your righteous indignation of the situation. It's not that your gift saves
you, it's that you find yourself using a gift you didn't know you had. Along
the way, if you're playing long term, you're guided by a deep instinct that has
been cross-trained. If you follow the root of this instinct, you go to the
field that you know, that others don't.
The genius effect gets
its name from what people tend to say about iconic leaders: They are geniuses,
not like me at all. That's true. There will never be another Steve Jobs, or
Martin Luther King, Jr., or another Gandhi. Nor will there be another you. Your
job is to find the way you can be an iconic leader and do that.
If you want a more
specific challenge -- then find two people, and go through the process of
finding these three elements of iconic leadership with them. It's your job to
help them both find their values, great gift, and source of cross-trained
intuition. There are two people who will change your life, and you can be well
on your way in 90 days. Your job is to find them.
I will end with this
thought: Why aren't there more iconic figures? - Because, in the post
millennium there just isn't more courage in the world. In fact, a lot of people
study leadership for the wrong reason. They are in a situation and rather than
rely on their cross-trained intuition, and great gift, and core values, they
calm the restless feeling by reading about leadership. So armed with these
general guidelines, the challenge is: Stop reading about it, and do it.
Tuesday, September 4, 2012
Your Education-Why Engineering is still your best educational investment?
When deciding on a particular degree course, many students are unaware of
the vast opportunities that lie in the broad area of engineering. This problem
arises since most people are unable to define exactly what type of work an
engineer performs.
The
engineering profession is not well understood by the general public, even in
the United States. A professional engineer lives in a high-tech,
fast moving world where the competition is fierce and the stakes are high.
With
a degree in engineering, you are far more likely to be involved in the
research, design and development of new products and services. Engineers have
designed and created most of the world in which we now live. The subject is
fairly creative and aims to solve everyday problems in a cost effective and
practical manner. While many see engineering as a very technical subject, in
reality many engineers will develop considerable management experience and the
ability to communicate well and motivate individuals is an important skill.
The
financial realities of studying for a degree cannot be ignored. Engineering is
one of the few University subjects where companies are actively looking to
sponsor students throughout their degree program. If sponsored, the company
will normally give you money during the university terms, and this can help to
make life a bit easier! Most companies will also offer paid work experience
during the long summer holidays, and this is a very useful way of experiencing
the type of work opportunities engineering has to offer. Sponsorship also
offers the chance of a job offer after you graduate.
Job
prospects for graduates with a degree in mechanical, electrical and electronic
engineering have never been so exciting. The huge growth in areas such as
telecommunications has resulted in a large demand for suitably qualified
students. In the past, many students have not realized how many opportunities
lie in engineering, and this had led to companies finding it extremely
difficult to attract people with the skills and experience they require. In
general, engineering offers very rewarding work, as well as the potential for
personal development, worldwide travel and good pay.
The
mechanical engineer has been called the general practitioner and the
jack-of-all trades among engineering professions. This is because the
profession requires education and skills that span a broad range of technical,
social, environmental, and economic problems. In general, however, the
mechanical engineer is concerned with controlling the principles of motion,
energy, and force through mechanical solutions.
A mechanical engineer designs
the tools and processes used for satisfying the needs of society through a
combination of material, human, and economic resources. He/She might work on
electric generators, internal combustion engines, steam and gas turbines, and
other power-generating machines. He/She might also develop machines such as
refrigeration and air-conditioning equipment, power tools, and other
power-using machines.
Practically
every company that designs and produces a product employs a mechanical
engineer. But mechanical engineers can also be found in research labs, the
military, government, and in other professions such as medicine, law or
teaching; most mechanical engineering jobs require design experience. When for
a new or improved product is needed, companies call upon mechanical engineers
to do the job. Engineers have to push beyond the limits of their previous work
and use innovative technology to meet project requirements successfully; a
second major area of employment for mechanical engineers is manufacturing.
Manufacturing jobs cover nearly everything involved in developing a product,
from selecting the appropriate materials to choosing the correct machinery to
manufacture the product. Most mechanical engineers in this industry work for
equipment manufacturers, aerospace companies, utilities, material processing
plants, transportation companies, and petroleum companies. They also work with
small firms, consulting practices, universities, and government research labs.
An
Electrical and Electronic Engineering degree opens the door on many possible
careers. Whether you want to be a manager or a technical expert, a sales person
or a computer programmer, most electronics companies will need and value your
skills. If at the end of your degree you decide that your future does not lie
in engineering, then your degree can still be used to apply for a wide range of
alternative employment opportunities.
In
conclusion, a good degree in Mechanical, Electrical and Electronic Engineering
from a university with strong research in growth areas such as
telecommunications, as well as strong links to the industry, is an excellent
and flexible foundation for future success.
Did
you know that within Fortune 500 companies 53% of the CEOs have a degree in
engineering, while only 11% have a business related degree in their resume?
Monday, August 27, 2012
Stages of CEO/Executive Development
Everyone goes through the same stages of human development on the road to
adulthood and maturity. Unfortunately, some of us get stuck in one stage or
another, stunting our growth and rendering us dysfunctional.
We look just like
ordinary adults, but we actually behave a lot more like children, acting out,
throwing tantrums, and generally making life miserable for everyone around us.
It's pretty much the
same thing with executives and business leaders. The only difference is that,
instead of just messing up their own lives like ordinary people, dysfunctional
leaders influence the lives, livelihoods, and investment portfolios of hordes
of employees, customers, and investors.
I'd estimate that
maybe a quarter of the executives and directors I've worked with have gotten
themselves prematurely stuck in one of the following stages of leadership
development:
Stage 1: Sponge. You listen and learn from everyone and every situation as you try to
figure out how things work in the real business world. Just like a baby
learning to walk, you look really cute stumbling around like the clueless
neophyte you are. The good news is you have no real responsibility, so you're
not in a position to cause any real damage. You just fall, pick yourself up,
dust yourself off, and try again until you get it right.
Stage 2:
Proof-of-concept. Believing you're actually capable of
accomplishing something besides making a complete fool of yourself by promising
the world and delivering next to nothing, you set out to prove yourself worthy
of the management title that, in all likelihood, you've already been granted.
Stage 3: Delivery. Congratulations, you've somehow managed to deliver the goods and succeed
in doing something that can credibly be viewed as a business success. In other
words, you made money for somebody and got rewarded with a nice fat bonus. You
think you've finally arrived. Won't your spouse be thrilled?
Stage 4: Reset. A little full of yourself, you try a repeat performance using the same
tricks that worked the first time and realize--too late--that you're going to
need a bigger playbook to consistently make it in the big leagues. Failure
doesn't sit well with you. In fact, it's downright depressing. So you set out
to make sure that never happens again.
Stage 5: Maturity. After a few iterations of the third and fourth stages, you finally begin
to get how the real world works. You realize you're just like everybody else,
meaning you succeed at some things, fail at others, and learn from everything.
It slowly dawns on you that being a mature leader isn't that much different
from the first stage, except experience has given you confidence and, with any
luck, a sense of humor and humility. Win or lose, you look good doing it -- and
deserve that bonus, right?
So, think it over. Are
you stuck in one of the stages or know somebody who is? Let me hear from you!
Tuesday, August 21, 2012
Management Time Strategies
Time is money, so the saying goes. If you're trying to make the most of
both, here are some of my favorite strategies for getting a team working
effectively.
1. Give people doors. Collaboration is great, but so is the ability to focus. If architecture
is remotely within your purview, make sure people have space for quiet
concentration when they need it for writing or thinking through longer
projects. Nothing kills productivity like distractions.
2. Schedule shorter
calls. I've never understood why phone calls (and
meetings) are always scheduled for 30 or 60 minutes. Is it because all phone
calls naturally take this long? Or is it because that's how much time people
budget in their calendars for them? In most cases, shortening the scheduled length
of a phone call (to 15 or 20 minutes) will not only make it shorter, but also
more effective.
3. Kill the standing
meeting. Oh, I know -- sometimes you do need meetings
scheduled at a regular time and place. But these tend to creep up on you and
multiply until calendars are filled. Get rid of them all. Then slowly see which
ones you need to add back.
4. Give all meetings
an agenda, with a time frame attached to each item. Invite fewer people rather than more -- something you'll be able to do
if you check in occasionally with all team members, so they don't need to crash
meetings to get face time.
5. If you need an
immediate answer, call. Don't risk creating a
culture where people feel compelled to check email constantly, just in case you
sent them something.
6. Turn out the lights
at a reasonable hour. Pushing past people's work
limits not only wastes time, in some industries it can be completely
counterproductive. Since some people won't leave until you do, leave
conspicuously.
7. Re-using and
recycling aren't just for household trash. See if you can re-use
anything your team spent time on in a different context. Extra research can
morph into articles in industry publications, white papers can turn into
speeches; and you should give any workshop you design multiple times. Use all
parts of the buffalo in your work life.
8. Keep in touch with
everyone who left your organization on good terms. Next time you have an opening, give these people a call first. Someone
might say yes, which could save weeks of searching and interviewing candidates
and then training them in your company's culture.
9. Give everyone the
attention they deserve. In the short run, cutting
short a one-on-one discussion with someone who clearly wants to be heard can
save time. But in the long run, burnt out or unhappy employees will cost you
big.
Monday, August 13, 2012
Being a Great Manager!
In the best of all
worlds, executive compensation, shareholder value, operating goals, management
objectives, and employee needs are all perfectly aligned.
If you ever find a company like that,
keep it to yourself. Nobody will believe you.
It should come as no surprise that
perfect companies are about as easy to find as perfect bosses and perfect
spouses. It just doesn't happen. Come to think of it, if you look in the mirror
and don't see plenty of flaws, you're delusional. And companies are entirely
made up of imperfect people, just like you.
Even after 100,000
years of natural selection, the human race has progressed to the point where
our organizations are nearly as effective as a colony of ants with defective
antennas. That's right, we still have a long way to go; Sobering thought, I
know.
And yet, for all the
Yahoos, HPs RIMs, Sprints, Sonys, Kodaks, Nokias, Bank of Americas, and all the
executives that turned these once-great brands into laughing stocks, there's
still the occasional Apple or IBM to give us hope.
It may be an imperfect
world, but there are still managers who more or less know what they're doing --
after they've had their morning coffee. Here's my take on what high-performance
managers do -- or are at least supposed to do -- to motivate their teams and
deliver results:
- Help the company
achieve its strategic and operating goals by making smart business decisions
and managing their team effectively.
- Entrust their
employees with as much responsibility as their capabilities will allow and hold
them accountable for the same.
- Behave like a mature
adult -- genuine and empathetic -- even when their employees or their management
are acting out like spoiled children.
- Provide their
employees with the tools, training, and support they need to effectively
achieve challenging but reasonably attainable goals.
- Promote a can-do,
customer service attitude with customers and stakeholders by walking the talk
and leading by example.
- Promote their team's
accomplishments and take the heat for their failures.
- Provide genuine
feedback, both good and bad, to their employees, peers, and management. Request
the same from them.
- Work their tail off
and be hands-on when necessary. If they don't, they can't expect anybody else
to do it either.
- Don't compromise
their ethical principles in the name of "the ends justify the means"
or for any other reason.
- Strike a balance
between shielding their folks from the ripples of dysfunctional management and
openly communicating events that may affect them.
Overall, the best
managers create a work environment where people feel challenged, do their best,
and are held accountable for meeting their commitments. But most importantly,
they're key components in an organization that exists to serve its customers
and shareholders. We're all happiest working for a successful company.
Monday, August 6, 2012
What We All Need to Learn to Say
It happens to everyone.
You'll be talking to friends or watching a movie and somebody says something
that, for whatever reason, strikes a resounding chord with you.
What the heck (substituted word)? The line that defines the movie "Risky Business" is when Miles
says to Joel (played by Tom Cruise): "Every now and then say, 'What the Heck'; 'What the Heck!'; gives you freedom. Freedom brings opportunity.
Opportunity makes your future." It's repeated in one form or another throughout
the movie. It's similar to "What's the worst that can happen?" but I
think of it more like "letting go." When you learn to let go, good
things come to you; Really.
I wouldn't describe it as an epiphany
because you probably weren't even aware of how much it spoke to you. But that
particular phrase somehow resonated with your situation and state of mind at
that point in time.
After a while, you probably won't
remember when you first heard it or what you were going through that made it
stick with you like it did. But every so often, that phrase pops into your head
and you use it. Over time, it becomes part of your toolbox, your belief system,
your internal compass, what you stand for. It becomes part of your DNA.
It's the same thing with companies - a
collection of beliefs and behavior becomes part of the culture.
I'm not sure a week goes by that a few of
these don't go through my mind and impact the way I live and work. They figure
prominently in the decisions I make and the way I act once I've made them. It's
a good thing I learned to say them. Hope you find them useful.
My work doesn't define
me. Work is about business. Mostly that involves a
company delivering a product or service to its customers. Notice you're not in
that equation. I don't care if you're the CEO. Sure, everybody plays a role,
and some roles are bigger than others. While it's great to be engaged and
passionate about your work, just remember that it's what you do, not who you
are.
What should I do
differently? Also what am I missing or not seeing?
Inertia's a killer for lives, careers, and companies. If you're not happy with
the way things are going, that's not going to change until you do something
differently. That means sitting down and thinking about what you should maybe
do differently. Yes, that takes effort and energy. No kidding.
Do the right thing. This simple phrase that one wise CEO used to say all the time
articulates the work ethic that my father instilled in me when I was young. It
represents my moral and ethical compass. You can say that what's right for one
person isn't right for another, and that may be true in some cases. But more
often than not, at least on some level people usually know what the right thing
to do is. They just choose not to do it.
Tomorrow's another
day. As a business owner I've had managers complain
about the lack of resources and cry that there just wasn't enough time in the
day to get everything done. No kidding. It's not as if I forced them at
gunpoint to do x, y and z that day. If I had to pick one Golden Rule of the
workplace, it's this one. I don't know how anyone can live without it.
What's the worst that
can happen? People are forever taking big risks with stuff
they can't afford to lose while playing it way too safe when they have nothing
to lose. The most important things you need to do in life are the things that
scare you. It's called facing your fear and having the courage to act. It helps
a lot if you learn to ask yourself this question so you can tell if your fear
is justified or not.
How am I doing? It's truly sad that someone in the human resources or organizational
development field had to come up with "360 degree" reviews so
managers and executives can find out how they're really doing. Yes, the
anonymity factor is unique, but if your people or peers aren't comfortable
telling you the truth when you ask for it, something's wrong with your
management or leadership style.
What's my value
proposition? Said another way, how can I help my
company, customer, organization, or management? These days I guess they call it
"servant leadership," but to me it's always been a question of what
can I do better than anyone else that benefits whoever's paying me. It's the
same thing with products, services, organizations, and companies. If you can't
articulate what unique benefit you offer, then why should anyone pay for it?
I'm wasting my time
and energy. This phrase is a relatively recent one for me, but
I suspect that every single one of you will benefit by learning how to say it.
Why? Social media. Smartphones. iPads. The blogosphere. Twitter, Facebook,
LinkedIn, texting, Pandora, iTunes, gaming, Hulu, reality television -- we live
in a world of endless distraction, information, and communication overload.
It's too much.
Hope is a terrible
strategy. Once you make decisions, having faith that you're
doing the right thing and sticking with it as long as it makes sense is all
well and good. But far too many people aren't willing to do the work. They take
the easy way out or take bigger risks than they should and hope things work
out. They won't. When hope takes the place of cold, hard facts and smart
decision-making, it's a recipe for disaster.
What phrases come to
your mind when you need guidance?
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