Saturday, September 7, 2013

5 Questions Every Leader Must Ask



Deepak Chopra, the internationally known wellness and human potential guru, uses a framework of five questions that he believes every human being should answer. He’s evolved and used them in his high-impact work over the years.

It occurred to me that Chopra’s questions, with a bit of tailoring for Business Leaders, are an amazingly simple, yet powerful context for both personal insight and doing effective coaching work with your direct reports. And if you’re NOT doing regular one-to-one sessions with your direct reports? Well, this is a great starting point. You are the Leader / the boss / the 800 pound gorilla and taking the initiative to have meaningful conversations with your people about where you are going is very important.

These five questions, when asked in the order presented, form an effective diagnostic tool that can provide better guidance to virtually anyone with whom you are playing the role of a coach. Interestingly, asking them of yourself (and answering – in your journal or other place where you write stuff down) is a powerful self-diagnosis of YOUR capabilities and opportunities.

Here are the questions, with full credit to Deepak Chopra:

1. What is it that you really want to be and do?

2. What are you doing really well that is helping you get there?

3. What are you not doing well that is preventing you from getting there?

4. What will you do differently tomorrow to meet those challenges?

5. How can I help / where do you need the most help?

 

You can read more at:    Blog at CEOIQ.com   

Saturday, August 17, 2013

A New Discovery - Naviond Intl


Have you been CEO of a company and are now looking at the rest of your life after business?  Maybe you sold your enterprise or have retired from the firm....so what comes next? 

You might be interested in a new Peer Advisory Group called Naviond Intl......Navigating Life after Business and Beyond.  Forming in Houston and other parts of the U.S. 

This period is full of questions. What kind of life should you lead now? How best can you contribute? How can you use your remaining time most beneficially?

Naviond members support and inspire each other to seek the kind of purpose, structure and identity in their future life that made them so successful in business.  These are Peer Groups of 8 - 10 members led by an experienced Business Coach and former Executive. 










Learn more at:     Naviond Intl web

Sunday, June 30, 2013

What can Middle Market firms learn from Steve Jobs & Apple?


I had started reading the biography of Steve Jobs some months ago.  It's a long book.....on a recent vacation trip to Yellowstone National Park and other beautiful places out West.....I was able to finish the story.  Among the beauty of our National Parks I could not help but think about what differentiates people, leaders, and companies from each other. 

Not surprisingly.....I think there is much to learn from this complex person and company.  Even for those in the Middle Market.  Some of the insights that struck me include:

 - Follow your own path - not necessarily that of others
   Jobs was a person with rebellious habits and a disdain for authority or the rules.  It sure helps to differentiate if you approach your products, your services, different from the rest.

 - Develop your own drive & passion
   Jobs had a need for perfection and a love for product.  His was a curious blend of technology & art....an appreciation based on studying other cultures.

 - Drive for simplicity & create a focus
   Jobs learned much of this from his years of living in India and studying the Zen lifestyles & principles.  It was not about accumulating material possessions but rather getting comfortable with the inner self.
In firms, it is much easier to add projects or products and lose focus or priorities.  He was obsessive about eliminating choices, ...products... and creating a priority on just 3 or 4!!  This helped drive clarity through the firm. 

- Challenge your people....even more than they would themself
  To those that did not understand Jobs...he seemed arrogant and abusive.  He either loved your recommendation or said it was "crap"   in no uncertain terms.  This was not personal.  His belief was that people truly did not understand how much they could really accomplish.

 He believed that A players wanted to be around A players.  And B or C players (mediocre or inferior) will be comfortable around other B or C players and lower their expectations.  He challenged people to do things that they believed were impossible.....somehow, they actually achieved them. 

 -  Drive for an enduring company and not profits
 His drive was to create a lasting enterprise.....one that could create innovation and change the world.  The way that people used or interfaced with technology & tools.  Not a drive to maximize profits. 

Unfortunately he died too young.  Because of some of his extreme habits....of vegetarian and homeopathic beliefs....he rejected the medical prescription of chemotherapy and surgery until it was too late for his cancer.  A sad ending to a remarkable and different life.  His contributions will last for generations in a new way to use technology in our lives and that of our children. 

So, consider which of the above principles might just apply to your firm.  You might surprise yourself and your people. 

Monday, June 10, 2013

Memo to the Modern COO


Here is an interesting insight from the Blog of Seth Godin. 

It questions the old prototype of command & control.  Focus on decreasing costs & increasing productivity.  Or the newer servant leadership approach of increasing alignment & decreasing fear.

Which would help your future to be more effective?  Read more below:


Why is it so hard for organizations to understand what Tony did with customer service at Zappo's? Instead of measuring the call center on calls answered per minute, he insisted that the operators be trained and rewarded to take their time and actually be human, to connect and make a difference instead of merely processing the incoming.

People hear this, see the billion dollars in goodwill that was created, nod their heads and then go back to running an efficient call center. Why?
In the industrial era, the job of the chief operating officer revolved around two related functions:
  • Decrease costs
  • Increase productivity
The company knew what needed to be done, and operations was responsible for doing it. Cutting costs, increasing reliability of delivery, getting more done with less--From Taylor on, the job was pretty clear.

In the post-industrial age, when thriving organizations do something different tomorrow than they did yesterday, when the output is connection as much as stuff, the objectives are very different. In today's environment, the related functions are:
  • Increase alignment
  • Decrease fear
Alignment to the mission, to the culture, to what we do around here--this is critical, because in changing times, we can't rely on a static hierarchy to manage people. We have to lead them instead, we have to put decision making power as 'low' (not a good word, but it's left over from the industrial model) in the organization as possible.

As the armed forces have discovered, it's the enlisted man in the village that wins battles (and hearts and minds) now, not the general with his maps and charts. Giving your people the ability to make decisions and connections is impossible in a command and control environment.

And a decrease in fear, because this is the reason that we're stuck, that we fail, that our best work is left unshipped. Your team might know what to do, might have an even better plan than the one on the table, but our innate fear of shipping shuts all of that down.

So we go to meetings and wait for someone else to take responsibility. We seek deniability before we seek impact. The four-letter word that every modern organization must fear is: hide.
Our fear of being wrong, of opening up, of creating the vulnerability the leads to connection--we embrace that fear when we go to work, in fact, that's the main reason people take a job instead of going out on their own. The fear is someone else's job.
Except now it's not.

Saturday, April 27, 2013

7 Reasons You Can't Learn Leadership on Your Own



Very few founders, startup CEOs, board members, investors, and others supporting the entrepreneurial community actively pursue and advocate disciplined, professional leadership development. This is an enormous missed opportunity.

Here are the reasons to develop leadership as posted in a recent article in Inc. Magazine. 

1.  Leadership development works

2.  Leadership is learned and can be taught

3.  Observing leadership is not the same as developing leadership

4.  Many board members and investors are not good leaders

5.  Leadership is about power

6.   You can't always see the ice cracking benearth your feet

7.  The future is not the past


This is written by Brian Evje  and you can read the full article    click here

So what are you doing about developing your key leaders?  

Sunday, March 31, 2013

How Important is Face Time?


Recently the new CEO of Yahoo...... Marissa Mayers, took a lot of heat over a change in corporate policy regarding the elimination of remote work from home.  Certainly does not seem up with recent trends, you might say.

But there seems to be more to the story. 

The question revolves around the importance of Face Time in stimulating new ideas and creating a coherent identity.

   Read more from the New Yorker article:     click here

It seems like the company was struggling with the creation of new ideas.  Was having a problem with generating a strong, coherent identity.   Other experts talk about the importance of hallway chat in driving innovation and new ideas.

Do you stimulate the interaction for ideas and innovation?  Might be worth considering.



    

Saturday, March 9, 2013

The Advantage - Do you have one?

The Advantage.....Do you have one?

I just finished Patrick Lencioni's newest book called     The Advantage
It is a straightforward and interesting read about one critical element......The Healthy Organization!!

He makes a persuasive case that achieving this Health  (or culture, if you will)  can create a meaningful and economic advantage for your firm or organization.  It sounds simple, but is much harder and time consuming to achieve.  But after all.....he maintains....is this not the primary role of leadership?  That is you, the CEO.

The 4 critical elements include:

  1.  Building a Cohesive Leadership Team

  2.  Communicating Clarity

  3.  Overcomunicate Clarity

  4.  Reinforce Clarity

There are some very specific suggestions and elements outlined in the book that can be followed. 
This incorporates some of the key insights from prior books (The 5 Dysfunctions of a Team)  and (Death by Meetings.)   Some of which may seem counter intuitive....like have more meetings not fewer.  But more effective meetings around driving to clarity.  A major insight is to separate tactical meetings and discussions from strategic meetings.  This will actually drive more productivity. 

I suggest you review the concepts covered in The Advantage......it just might help you create one!!