August/2010
new logo
BOB Newsletter
Executive Search & Management Consulting Since 1979 
In This Issue
Topgrade Your Current Team NOW
Lessons from Your First Job
Follow BOB
 

Elevator PitchElevator Pitch

linkedn logoyou tube icon

Quick Links
CURRENT SEARCHES
Please think of the excellent people you know who might be interested in hearing about these outstanding opportunities.  
 
Please apply through career builder by clicking the icon below:

Elevator Pitch

Vice President / General Manager
Aerospace Manufacturer of Advanced Systems
 
DoD IT Consulting Services Provider
 
VP of Operations / Supply Chain
Manufacturer of Specialty Electrical Products
 
General Manager
Aerospace Manufacturer of Machined Components & Assemblies - CA
 
Director of Business Development
Defense Communications Instruments
 
VP of Procurement Aerospace
Manufacturer of Assemblies & Kits

Producer of Engineered Control Products
 
Producer of Engineered Control Products

Director of Sales & Marketing
Aerospace Complex Machining and Fabrication Company
Aerospace
Manufacturer of Assemblies & Kits
 
Director of Compensation, Benefits & HR
Producer of Aircraft for Private & Military Customers
Aerospace Electronics Company
Meet The Principals
Mark Bregman
CEO

Mark Headshot


Michael Boyle
President
 Mike Headshot
 
Keith Ogata
Principal

Keith Headshot

 
More
Greetings!

We hope you are having a great summer.  This month, we discuss how having the best performing team is always a good idea.  Read our tips on topgrading your team now, and also see how many important lessons you can remember from your first job.
 
PS. Hope you like the new look!
Topgrade Your Current Team NOW

topgrading

The book Topgrading by Bradford Smart, Ph.D., aligns with our philosophy of Performance-Based Talent Management.  The basic principle is that smart companies want 80-90% "A" players in their company, in all positions, but certainly in their top management level.  If you are a CEO or Senior Executive, your future depends on having quality people under you, people who can produce the critical results needed to hit your targets. 
Let's assume that you feel most of your people are "A"s right now.  What can you do to ensure that everyone is performing at a peak level?  Here are some tips:

Clarify Goals:  Each key manager on your team needs very precise targets.  How else can they aim accurately?  Example: It is not enough to agree that sales should increase 20%.  You both need to agree on specifically how this will happen.  Through new channels? Strategic alliances?  Deeper penetration of current customers?  Fail to plan and plan to fail.  Define success, and achieving success becomes more easily doable.

Provide Appropriate Incentives:  Too many companies reward people for things they don't do.  Vague, "discretionary" or company-performance focused bonuses don't work.  Tie individual incentive compensation mostly to the achievement of specific individual results, and your people will be delighted each time they hit a goal.  Watch performance soar with a meaningful bonus plan.

Make Work Meaningful:  What is the purpose or mission of your company or your department?  How can you translate that to each person in your company, so that they each know exactly what their work accomplishes.  Example: At our firm, we make sure our researchers know that we can only recruit and place "A" players if the quality of their sourcing work is top notch.  They take it more seriously when they know how that quality flows up the value stream.
 
Develop People:
You might be satisfied with where your people are now, because they are doing the jobs you need them to do.  But, what about their future?  Do you have a defined development plan for each person?  Successorship and bench strength are always listed on company goals, but we often see how that goal is not being fulfilled.  Each person should know what their potential path might be, and what support and resources might be available to help them get there (mentoring, coaching, continuing education, cross-training, new tools, etc.).

True Teamwork:  Don't let the word teamwork become a cliché at your company, and don't be in denial if it isn't happening.  Listen to your people.  Allow yourself to hear about the internal struggles and be a proactive leader in resolving conflict, improving communication, and in eliminating back-stabbing and inappropriate competition.  Lead by example and demonstrate what true teamwork looks like.

Zero Tolerance for "B" and "C" Players:  Brad Smart says that it is immoral to keep B & C players on your team, because it holds you, your company, and your "A" players back from achieving goals.  The cost of hiring mistakes are huge, but keeping someone on who isn't performing is even more costly, because it bites into your projected growth and profitability.  Be ahead of the curve in topgrading your team, and see your market share increase.
Lessons from Your First Job
 

Aug. newsletter

You accept your first job ready to conquer the world, with both fire and fear in your belly.... and then you start learning things.  Some of it transforms you and your career in a positive way, and some stifles you and limits you.  What are the things of value that you learn in your first job that can serve your career forever?  The things you sometimes forget? Here's a few key examples, some of which may seem contradictory! But, then again, that's the balanced nature of learning!
 
Being bold:
  You learned that if you didn't speak up, with new ideas, or even on your own behalf, no one else would speak for you.  If you were lucky, and your first boss was the type who "took blame and gave credit", your good ideas and efforts were acknowledged and rewarded.  This taught you to be proactive and take initiative.

Being patient:  You didn't always get your way.  You saw people do things you knew were wrong or counterproductive.  But, you couldn't always convince people to see the light.  This taught you to pick your battles, calculate the risk/reward ratio, look for win-win solutions, let go of things you can't control, and wait things out when best.

Honesty:  You saw people work the angles, protect themselves, cover up mistakes, and hopefully, you saw that this approach doesn't work out in the long run.  Either you started with high integrity, or maybe you observed that over time, it's the only way.  This taught you to build and maintain your credibility and reputational capital by being straight with people.

Never respond in anger:  To learn this, you probably had to make mistakes.  You mouthed off at someone before reflecting on a better answer, or composed a ranting e-mail and didn't wait a few hours to revise it.  You paid for these mistakes.  You saw that a measured response works better.  You learned to criticize the action, not the person, and respond in productive ways. 
 
Strive for excellence, not perfection: Perfect is the enemy of good enough.  If you started as a perfectionist, you undoubtedly experienced frustration in learning that perfection is impossible to achieve.  With consistently high quality standards and perspective, you learned how to create excellence: on time, on budget, with a satisfied customer.

Ask for help:  Weren't we all such know-it-alls, starting out?  Wow, then we learned what we didn't know, and, if you had a wise boss with a "no such thing as a dumb question" attitude, you learned you could avoid disaster by asking for help, and look even smarter and more capable than if you hadn't asked.

Look for improvement opportunities:  You saw complacent people gathering cobwebs, being unhappy, being scorned by their colleagues, and fading away in the shadows.  If your company had a continuous improvement philosophy, you learned to step outside of yourself and your processes, listen to input, and to always be open to considering a better way.

The customer is always right:  Early in our careers, many of us thought that customers were dumb, demanding, unreasonable, and other things not fit for print.  Sure, but when we discovered the way to satisfy them anyway, who won?  We did, in the long run.

Two ears, one mouth:  Smart people like to hear themselves talk.  Eventually they see that you can get even more done, especially as a manager, by listening.  Sales execs learn to close customers with the customer's words, not their own, by listening twice as much as they speak.

Turn difficulties into opportunities:  If you are reading this, you are probably in leadership, so you were NOT one of the people who carried an invisible backpack full of obstacles to throw in your own path and the paths of others.  But we've seen those people many times.  Leaders learn that problems are challenges, and troublesome information is simply life's instruction on what needs to be done next.  If you learned this, you became a leader in large part from this lesson.

Meet others at their model of the world:  Last but not least, we originally thought that our perceptions were reality.  Then we saw if we diminished or dismissed the perceptions of others, we couldn't get very far.  Every individual we meet is simply asking us to meet them at their model of the world.  This is one of the hardest lessons, but perhaps the most important.

How many of these lessons did you learn?  How many do you still use?  How many did you forget?  Take a brief trip down memory lane to your first job, and see what you can recall that still serves you well today.

 Visit Our Blog:

Blog logo-small