Everybody shows up motivated for the first day on the job. Unfortunately, for many people at many companies, that's the most motivated day they'll ever have. In fact, one study by Booz and Company concluded that 15 percent of all new hires think about leaving on the very first day.
I recently read a great interview in the New York Times with David Cote, chairman and CEO of Honeywell. He made some insightful observations about leadership which I have summarized and commented on here.
One of the keys to effectively manage and coach your people is to make everyone’s performance visible. The Harvard Business School calls this management approach “radical transparency” and it has been found to deliver superior results.
Many companies use Dashboarding software to be more effective at tracking and managing their Key Performance Indicators, Projects and Tasks. However, research published in the Harvard Business Review showed that most companies still do a poor job of tracking and managing how we invest the most important resource of all; our time.
Imagine you could go back in time to when you were starting out as a manager, leader or entrepreneur. What 1 piece of advice would you give to your younger self?
If you are anything like me, life seems to be getting busier and busier, and the rate of change means you feel like you are running faster and faster just to keep up. The ability to drive business execution at a rapid pace is a vital ingredient on the path to success, but if you are not careful, you can become so stuck in “busy-mode”, that you spend all of your time “doing” and not enough time “thinking, reflecting and learning”.
Without a doubt, the most stressful times in my management career have involved dealing with poor performing employees. What follows is an approach to help you turn things around for the better.
I learned many years ago from my friend Doug Hall that the way most companies conduct brainstorming is ineffective. He documented these findings in his excellent marketing book, Jump Start Your Business Brain. Here’s a quote:
In the past, it was thought that you needed to work face to face in order to create highly productive teams (and Yahoo made headlines in 2013 by requiring everyone to turn up to the office), but is this a fact or just an opinion?
Successful strategy execution starts with understanding the vital few things your company needs to execute to move it along the path to future success. That is called strategy. You then break those vital few things down into quarterly goals for your people to work on. Most companies stop here and wonder why they don't still don't get the results they are looking for. They might have made some good strategic decisions – but setting strategy is just the beginning. Here's some advice to improve business productivity and help you achieve that 1-Thing!
Since implementing the RESULTS.com software, communication between staff members regarding reaching targets and goals has improved ten-fold. (There is also healthy competition with the new “gamificiation” feature!)
Tania Young – Director – BRAVEday
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