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Seeing Around Corners
Helping You Prepare for the Unexpected November 2011 |
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Welcome to Seeing Around Corners For many businesses, this is the time of year when budgets are being prepared, dissected and analyzed. Strategy has been discussed, capital investments have been agreed upon, and the budget for the year is put together. Many think that all they need to do now is finish strong, and get off to a fast start next year.
Wait! There is one important step that is often overlooked. Have you and your team asked yourselves "are we structured properly to achieve our goals?" Are leaders and teams in the right spots to make decisions quickly and execute?
In the November newsletter, I will give you a few tools to help you ensure that your team is set up for success. Take some time to think about organization structure and decision making. When it is done well, it brings energy and excitement to your team...not to mention much better results!
Happy Thanksgiving! John Sipple President Ignite Business Coaching www.BusinessIgnite.com |
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Ignite Business Coaching
2901 Richmond Road Lexington, KY 40509
Phone: 859.420.5950
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Ignite Blog | |
For some really quick and fun reads on all kinds of topics, visit our blog. You will find thoughts on leadership, strategy, coaching, customer service, and...well, you get the point! Enjoy!!
www.BusinessIgnite.com/Blog
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Reshaping for Decision Making In my first job out of college, I worked for a very successful manufacturing company. They had great products, strong markets, and were constantly working to create positive changes. Being in finance, I dreaded the grinding nature of the budget, but I was always excited to see the "moves" they made with people. It left a lasting impression on me, and shaped how I viewed the decision making skills and abilities among my teams.
There was one thing this leadership team did that made me think they were crazy like a fox. It was the way they were bold enough to reshape the organization. It wasn't simply moving people around to shake things up. It was much more than that. This reshaping was based on decision making! People were moved to new areas based on how they thought, and not just on what they knew. Those with strong problem solving skills and the ability to make decisions faster than others were often the ones with the new and challenging assignments. Talk about getting people pumped up to make a difference. These moves really did it.
How do you know if you are ready for this kind of reshaping or reorganization? First, your financial results will provide direction. If you aren't doing well financially, there's a good chance it's a function of poor execution and decision making. Second, your employees and customers will tell you where you are falling short. Do any of us have employees or customers who never say anything? I don't think so. The third, and maybe the most effective way, is to ask your team directly. You can assign a scale to each statement to help calculate the results. Create some statements in the areas of process, people, and decision making. Here are a few examples:
1. Employees are placed in positions to utilize their strengths. 2. Decisions consistently result in success for the company and team. 3. Processes are in place to promote quick & effective decision making. 4. Decision makers have accurate information to make the right decision. 5. Measures and incentives are focused on making the right decision.
This exercise is about placing people in the right spots to make the right decisions, and execute with speed. You are making sure that the important decisions that create the most value are being made by those with the right skill set. If your team is short on those skills, help them develop the talent and behavior necessary to execute more effectively. Lastly, don't shake things up just for the sake of creating change. Keep the goal in mind. Your team needs to make decisions more quickly and effectively than your competitors. Taking this approach gets you there!
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Question of the Month: With the economy still tight, people have asked for the top three (besides working longer hours) ways to increase productivity. Here ya go! 1. Process Improvements 2. Improve teamwork - productivity & positivity 3. More training to improve skill sets Focus on these three, and you should see huge improvements. If you need help, a coaching session can get you started.
www.BusinessIgnite.com |
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20 Minute Pinpoint Session
Want to discuss ways to create better and faster decision making? Call Ignite for a free "20 Minute Pinpoint Coaching Session," and let's work on it together.
859.420.5950
www.BusinessIgnite.com |
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Ignite Business Coaching
www.BusinessIgnite.com
859.420.5950
 
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