growth

Good Reads: Creativity and Constraints

Most successful CEOs and executives are readers. Feeding your curiosity is as important for your growth as reading about business.

What have you read lately that you found interesting – inquiring minds want to know – or at least I do if you are willing to share.

I read about “The Geography of Genius” by Eric Weiner and it sounded interesting. Who thinks of geography as an aspect of genius? And in the first chapters, I wondered. Then the ideas began to coalesce.

On management and HR:
“Michelangelo was a sculptor when chosen to paint the Sistine Chapel ceilings.” The concept then was to choose someone clearly talented and assign a huge, impossible task. Now we minimize risk-taking — we want the perfect candidates who have already done our job before we hire.

On creativity:
“Foreign born immigrants in USA are 13% of the population, one-third of all patents, and 25% of US Nobel Laureates.” Why? ‘Unusual and unexpected events, actively experienced, lead to cognitive flexibility in those open to new experiences and thinking.’ Our reactions to constraints fuel creativity.

“Corporations spend huge sums of money on workshops designed to help employees thing more creatively…. (which is) futile if the environment in which they work is not receptive to new ideas.”

Read this book for some ideas of your own on how to break constraints and grow yourself and others. It reminded me that I need to remain curious and open to new things to feed my growth.

 

“No Ordinary Disruption” by Richard Dobs, James Manyika, & Jonathan Woetzel is a more classic ‘business book. Much of it is based on the work of the McKinsey Global Institute.
“The rise of emerging markets, the accelerating impact of technology on the natural forces of market competition, the […]

By |October 20th, 2017|Business planning, Executive development|Comments Off on Good Reads: Creativity and Constraints

Politics, Fraught Employees, and Management Actions

You have seen the big uptick in hate crimes locally and nationally. Perhaps you have read articles about the impact of political divisions on work activities. I remember when I was a kid that racial and religious slurs were common language – and cringe every time I hear someone decry political correctness when what they mean is freedom to say such things again. The SHRM magazine even has a cover this month on “The Age of Rage.”

Are you seeing evidence of employees arguing more or ignoring each other instead? Have you had any incidents of harassment or discrimination in your workplace? Have you felt a need to address these issues but wondered how to do so?  Are you just hoping to avoid this topic?

First, the laws have not changed. If you are covered by EEO laws because you have 15 or more employees, you may wish to remind all employees of the harassment and discrimination rules as a part of an employee newsletter or meeting. Tell them also that diversity has been shown to improve business success and profitability which helps them keep their jobs.

Most importantly, your values have not changed. If your values include respect, ethical behavior, communications, trust, a positive workplace – or many others – remind staff of these values and how you expect people to demonstrate them at work. Pushing a political viewpoint on others or ignoring/harassing those who disagree with one is not a behavior you want to allow in the workplace. Harassing people who are different from one is another area you want to make clear is unacceptable.

If you are not sure if you have a problem, listen to your staff more. Ask a trusted employee about any […]

By |April 24th, 2017|productivity, Smart practices|Comments Off on Politics, Fraught Employees, and Management Actions

Creating a More Effective Organization

Do you look for ideas and innovation from your employees? Does your work require creativity? When you think about these questions, if you look to continue to grow your small business, the answer almost always turns out to be yes. Management is a critical aspect of ensuring growth and continued success. Ed Catmull’s book CREATIVITY, INC is worth your time. Not something I say about many business books.

While this book is about building Pixar and focuses on artistic creativity, his management insights apply to most organizations. The theme of trust runs strongly through the book but always with real business insights and ideas. For example, on the issue of micro-managing:

“One of the biggest barriers is fear, and while failure comes with the territory, fear doesn’t have to. The goal, then, is to uncouple fear and failure – to create an environment in which making mistakes doesn’t strike terror into your employees’ hearts.”

The issues of managing the organization and inevitable failures are another frequent theme.  For example, on leading an enterprise:

“When I say that the fate of any group enterprise, and the individuals with it, are interconnected and interdependent it may sound trite. But it’s not. What’s more, seeing all the interdependencies that shape our lives is impossible, no matter how hard aor long we look. … Acknowledging what your can’t see – getting comfortable with the fact that there are a large number of two-inch events occurring right now, out of our sight, that will affect us for better or worse, in myriad ways – helps promote flexibility. You might say I’m an advocate for humility in leaders. But to be truly humble, those leaders must first understand how many of the factors […]

By |April 17th, 2017|culture, Executive development|Comments Off on Creating a More Effective Organization

Lessons from Biltmore

Recently, on vacation, I visited the Biltmore Estate and saw a staff which was what any organization would want. Each person I came in contact with was positive, helpful, and focused on what they could do to make my visit enjoyable. It made the day a real pleasure.  I spent money I might not have and got experiences I really enjoyed.  I even tweeted about Biltmore and its great staff.

If you want this for your organization, you need to focus on setting the conditions for people to succeed in their work. No matter how small you are now, these aspects are critical:

Hiring the right people
Training each person in their current role and developing them for the future
Providing an environment that supports everyone there
Managing effectively and consistently

Too often these seem like climbing Mt. Everest – more effort and cost than you can sustain. But, in fact, investing in your people leads to higher financial returns and lower long-term costs. For years the management gurus have pointed to the difference in how Walmart and Costco pay and treat their employees. Costco spends more on pay, benefits, and training but has higher profits. Now Walmart has begun to raise pay and benefits to attract and retain better employees to enhance the company’s future growth and profitability.

Take a look at your organization and assess your current practices. What could you do to improve these and help grow your future success? Each small step forward can make a real difference.

Help is available in other articles on this website, the SBA has an extensive online training program, and your local SBDC can assist you. The real issue for most of us is to take the first […]

By |June 7th, 2016|culture, Policies and Practices, values|Comments Off on Lessons from Biltmore

Communication Tips – Listening Skills

Listening, really hearing what someone else is saying, is a skill. Why are listening skills so important? Listening skills are critical to many aspects of managerial work including interviewing for open positions, coaching and counseling, gathering data, customer service, working effectively with others, performance management, and so forth.

Many, if not most, people tend to have an inner monologue going on when they are ‘listening’. This may be a disagreement with what is being said, preparing the answer, or worrying about something else entirely. Not effective, but common.

Exercise

Think for a moment about a person you worked for who was not a good listener. Try to clearly see in your mind’s eye what happened in a discussion. What made the person a poor listener? What did s/he do or say that communicated the message “I’m not really listening” or “I don’t really care about your ideas”.

Now think about how you felt. What effects did the poor listening skills of the person have on you?

 

What are the benefits you can derive from good listening skills? Here are some:

You show the person that you are interested in and concerned about their needs and interests, not just your own. This is especially useful in interviewing job candidates, counseling, and customer interviews.
You find out why an individual did what they did, how they made their choices or decisions, and attained or missed goals. This is useful in resolving problems, coaching, and job interviews.
You give the person an opportunity to be heard and feel understood so that they will reveal much more information.

These tips are designed to help you learn more about listening effectively. Good listening skills can be acquired with practice. They provide real benefits in your professional and personal life. […]

By |January 27th, 2016|Communications|Comments Off on Communication Tips – Listening Skills

TO HIRE … OR NOT TO HIRE?

Some entrepreneurs rush to hire too many, too soon and cannot support them. Others wait too long and do too much low margin work hindering their success.

The decision about whether and when to add staff is always a tough one. And these economic times make it more emotionally charged. Getting the help you need to grow and succeed is critical.

So how do you decide when or whether to hire?  Ask yourself:

Question 1: Is the need actually long-term and at the core of my business?

In this case, an employee may be the best bet. Example: if you are a small organization and can hire a person who will directly support current clients, you free some time to grow the business. A retailer may be able to add hours or serve customers faster and thus increase revenue with an extra hire.

Question 2: Would out-sourcing be worth considering?

Even with a core mission and long term need, you may want to consider other options. Some functions are smart to out-source due to the technical nature of the work or the need for constant personnel/equipment upgrading. IT services come immediately to mind. Others that are critical to your success may also be in this category. Functions may also be done by a contractor, such as a bookkeeper or a virtual assistant.

Question 3: Is the need for a specific period of time?

Such work, whether for a brief period or many months, may be most effectively done by hiring someone specifically as a short-term employee or via a temporary staffing agency.

Question 4: Does the work require expertise you don’t have?

Here you may consider hiring a management or specialized consultant or a freelancer, depending on the type of work, project demands, and […]

By |September 8th, 2014|hiring|0 Comments