Why is it important to have a clear picture of where
your company is going?
- It matters to your clients and potential clients: What
do your customers need and want?
- It matters to your employees: What talents do your
employees need? How can you help them succeed?
- It matters to your investors and stakeholders:
Where's the competition going and how profitable is
this company?
Your Clients
When your company's direction matches your clients'
needs and wants, you have a higher probability of
providing their ideal product or service. That makes
you a niche strategic partner with your customers. You
are specifically addressing their needs. Your product
must differentiate you from the competition or you will
simply be competing on price.
Your Employees
Knowing where you're going tells you what talent you'll
need in order to deliver the best possible product or
service. Your customers love to deal with high-quality
people who are knowledgeable, enthusiastic and
supportive of their needs.
So, how do you attract and retain top-quality people?
By providing challenging and rewarding positions that
allow the employee to make a difference. When a
company's vision and internal communication are
clear, its corporate values become more transparent.
It is easier for prospective employees to align their
personal values with those of the company before
joining the organization.
Once you attract the right employees, your next step is
to motivate and inspire them.
Compensation, security and success are all
motivating factors for your employees. Your ability to
retain employees based on compensation is a
function of the company's profitability. The more well
defined your company's direction, the more likely you'll
effectively implement well-defined processes -
leading to greater profitability. Only the most profitable
companies can use compensation to keep their
people.
To inspire your people you need to support them so
they feel secure and successful. When your
employees know where the company is going and
what you clearly expect of them, it gives them a greater
sense of confidence and well-being.
By articulating your organization's vision and your
personal passion for achieving this vision, you will
inspire your employees. Employees who are inspired
by a vision will pull together with enthusiasm to
achieve a common target, providing them with a huge
sense of personal success and it gives them
something to celebrate.
Swing into
Leadership
is a fun and engaging program
hosted by Catalyst Business Coaching for business
people who golf or want to golf.
Work on your
business
while you work on your game
Learn
how the
principles for winning in business
apply to winning in golf
Play the
game of
business, golf (and life!) with better
results
When: June 1, June 22 and July 20, 2007
Space is limited. Sign up today. For details, click
here
|
Your Bottom Line
A clear corporate vision will also help you determine
who you need to be in order to lead your people and
support their success. You must be clear about your
personal vision and how it relates to the organization.
When you have personal clarity, you can speak about
the organization with passion. It is your passion that
will engage the hearts and minds of your people.
People who are engaged draw on their creativity and
collaboratively design and execute highly effective
processes. They make customers feel valued and
important. Customers who are treated well will buy
over and over again, thus contributing to the success
and profitability of your company.
As I noted in my
last newsletter, "If you can't see it,
you can't hit it." That is true not only in golf and for
personal visions, but also for corporate visions. To
create a highly profitable organization, your well-
articulated personal vision must be followed by a well-
articulated corporate vision.
This series of articles will show you how to
implement a well-defined vision. The first step will be
establishing meaningful goals for your organization
and processes that will support your people in
achieving those goals. Next, you'll learn how teams
and individuals can be effective in taking action. Stay
tuned to find out how to translate vision into action.
Supporting you to See Success,
Jacque
To learn more about Jacque's coaching
programs
visit
www.catalystcoach.ca or contact Jacque at
604-952-0306.
Catalyst
Business
Coaching is a corporate development organization. It
works with people who want to achieve a greater
sense of success for both themselves and others in
the organization. It supports people to develop
strong interpersonal communication skills and build
foundations to develop dynamic teams. Jacque
Small, principal and owner of Catalyst, founded the
company in 2000.