Raise Your Work Quotient - Five Strategies to Increase Your Value to the Company
Written by:
Elizabeth Lengyel
Article Overview: Do you long for a promotion or to make more money? How much positive influence do you bring to your work? Utilizing these five strategies can make you more valuable to your company and raise your level of awareness of what it takes to be more successful, and more savvy regarding your career.
 |
Free Download - The New Face of Professional Networking: Online Social Networks By Elizabeth Lengyel
|
Raise Your Work Quotient - Five Strategies to Increase Your Value to the Company
Do you long for a promotion or to make more money? How much positive influence do you bring to your work? Utilizing these five strategies can make you more valuable to your company and raise your level of awareness of what it takes to be more successful, and more savvy regarding your career.
Guess what? There's a lot more to being successful at work then showing up as a committed team player, putting in your 40 hours, and participating in the company's annual softball tournament. Instead, you must raise your "work quotient" - the value of your work capacity to the organization.
Here are five strategies to increase your work quotient, raising the bar to become more savvy about your contribution to the organization, increase your productivity, and get tapped on the shoulder for a promotion. Be brave, stand up to the plate, and incorporate these strategies into your work and life.
1. Keep learning and get out of your box - What skills can you develop that will help you and your company? You can learn from your manager, peers, and team. Register for a course, a conference, or a workshop. Every week, do some research, reading, and investigation. Remember, when you strengthen yourself, you strengthen your organization. This investment will eventually pay dividends.
2. See new perspectives - Before you blame or judge colleagues, a manager, or a CEO, look at the situation from their point of view. What are their stresses and priorities? As Stephen Covey says, "Seek first to understand, then to be understood." Thinking in this way will help you avoid negative or harsh judgments and, instead, develop constructive suggestions and positive, long-term relationships.
3. Assume your manager is busy - Be vigilant when you ask your manager for time. Think twice before you barge in and interrupt. First, look to your peers for help or search for the answer on your own. Today, knowledge is at your fingertips! If you really do need your manager's help, cluster your questions. Don't pounce when you have concerns or complaints! Think about sharing your questions in advance, so your manager can prepare his or her thoughts and schedule a discussion later. Busy managers appreciate that you respect their time.
4. Think like a manager - Get creative. Think strategically. If you want to be a manager or executive, you must start thinking like one. What is important to the company? What new ideas and suggestions can you offer? Demonstrate to your manager and colleagues that your skills and expertise reach beyond your job description. You have to stretch your thinking if you want more responsibility and flexibility - and a higher-paying position.
5. Be certain your ego matches your talent - Evaluate your professional performance and attitude. Remember the saying, "Your attitude measures your altitude." If you're talking big, check twice to make sure you can back it up. Where is the proof that you add value to your team and company? Is there good reason for you to toot your horn? What do others say about you? Consider participating in a 360-degree evaluation, which provides feedback from your manager and peers. This tool will help you learn how others see you and will help you make positive changes in your behavior, attitude, and "altitude."
Your work quotient lays the foundation for your future. Integrate these five strategies to guarantee that you'll raise your own bar and add influence and impact to your company.
© Copyright - Elizabeth M. Lengyel, PeopleCoach, Inc. All Rights Reserved Worldwide.
Reprint guidelines: Feel free to reprint this article. You must include the above copyright notice and the author biography that accompanies this article. You may not sell this article or the content contained herein.
Related Articles
Who Makes a Better Salesperson - Men or Women?
IQ vs. EQ - Which Can Determine Your Success
The Real I.Q.
Do You Deserve a Salary Increase?
Asking for a Raise
Article Tags:
colleagues,
committed team,
constructive suggestions,
dividends,
fingertips,
judgments,
level of awareness,
long term relationships,
new perspectives,
peers,
point of view,
positive influence,
priorities,
quotient,
raising the bar,
research reading,
softball tournament,
stephen covey,
stresses,
team player
Related Forum Posts
How to valuate a business
- Hi Garth - here is how we did it at Northern Crown Capital when I was helping them raise venture capital for Toronto-based entrepreneurs. Assume the start date is 2003 so 2008 projections are 5 years out:
How Northern Crown Capital Valuates a Business
2008 Financial Projections
Earnings Before Tax
$5,865,000
Tax Rate
42%
Taxes
$2,463,300
Net Earnings
$3,401,700
Amount Seeking to Raise Today
$3,500,000
Discounted Value of Future Opportunity, 5 Years Out
2008 P/E Ratio
15
Value of Company in 2008
$51,025,500
Discount Rate Applied
30%
Year 2008
$51,025,500
Year 2007
$35,717,850
Year 2006
$25,002,495
Year 2005
$17,501,747
Year 2004
$12,251,223
Value of Company at Investment in 2003
$12,251,223
Less: Investment Amount
$3,500,000
Present Value
$8,751,223
Discount for Risk & Private Company
40%
Less: Discount for Risk & Private Company
$3,500,489
Private Company Value
$5,250,734
Present Value (What the Owner Keeps)
$5,250,734
60.00%
Financing (What the Investor Gets)
$3,500,000
40.00%
Total
$8,750,734
100.00%
I hope this helps!
Books for Women Entrepreneurs
- There's a thread for good books in the Resources folder, but it doesn't target books for businesswomen particularly, so I figured I'd start such a thread here.
It doesn't matter how successful you are in your business - it's always possible to learn something new.
In subsequent posts I give Table of Contents and brief descriptions for various titles - most of them devoted to the businesswoman - and sometimes a review. If anyone else has read a review, or has read the book and found it useful, please comment!
1. The Old Girl's Network
2. Mother's Work
3. The 7 Greatest Truths About Successful Women
4. Pitch Like A Girl
5. Workplace Warrior
6. Treasure Hunt: Inside the Mind of the Modern Consumer
7. Contingency Planning & Disaster Recovery
8. She Wins, You Win
9. Napoleon On Project Management
10. Why Good Girls Dont' Get Ahead, But Gutsy Girls Do
11. Comeback Moms: How to Leave Work, Raise Children, and Restart your Career even If you Haven't Had a Job in Years
12. The One Minute Millionaire
13. Talking From 9 to 5
14. Soloing: Realizing Your Life's Ambitions
15. 101 Best Home Based Businesses for Women: Everything You Need to Know About Getting Started on the Road To Success
16. Work With Passion: How to Do What You Love for a Living. Revised and Expanded
17. Fail-Proof Your Business: Beat the Odds and be Successful
18. Confidence: How Winning Streaks and Losing Streaks Begin and End
19. Women Don't Ask: Negotiation and the Gender Divide
20. Millionaire Women Next Door: The Many Journeys of Successful American Businesswomen
21. Start Small, Finish Big: Fifteen Key Lessons to Start - and Run - Your Own Successful Business
22. Rewired, Rehired or Retired: A Global Guide for the Experienced Worker
23. The Martha Rules: 10 essentials for achieving success as you start, build or manage a business
24. The Essentials of Entrepreneurship: What it takes to create Successful Enterprises
25. Net Ready: Strategies for Success in the E-conomy
26. The Promotable Woman
27. Leave The Office Earlier: The Productivity Pro shows you how to do more in less time and feel great about it
28. The Work At Home Balancing Act: The professional resource guide for managing yourself, your work, and your family at home
29. Secrets of Six-Figure Women
Pitch Like A Girl: How a Woman Can Be Herself and Still Succ
- Pitch Like A Girl: How a Woman Can Be Herself and Still Succeed
Ronna Lichtenberg
2005
From the inside cover:
"As a woman, you probably feel uncomfortable when it comes to promoting yourself and asking for what you want."
WHAT IN THE HECK IS THIS, I asked myself when I read that. Women are the fastest growing business owners in the US and Canada, there are t housands of women executives and CEOs - though not as many as might be expected, admittedly, yet the book opens with this surely out of date stereotype.
However, as she continued to give examples of women who had high paying jobs but were routinely not paid as much as men because it hadn't occurred to them to ask for raises, etc., I decided it was probably true for a majority of businesswomen...
Anyway, more of the info from the jacket:
"Other books have told you how to get what you want by being more like a guy. Pitch Like A Girl tells you why its an advantage to be who you are and how to do better by bringing more of yourself to work."
The TOC:
1. Pink and Blue
2. The Quck-dry Chapter
3. What's In your head that's not in his
4. The Me, Inc Mindset
5. Visioning: Discover What You Really Want
6. Identifying Prospects
7. Pre-pitch homework and heartwork
8. Crafting the pitch
9. Pricing the pitch
10. Packaging the pitch
11. Delivering the pitch
12. Closing
Conclusion
A Word to the guys
The Empathy Quotient
The Systemizing Quotient
Bibliography
And on a side note - non-fiction books without indexes - of which this is one, annoy me.
Different Hats
- CEO Sales & Marketing & Leadership Development Company
Strategic Vision 10
Alliances & Growth Strategies 10
Hiring & Managing People 8
Mentoring 8-9
Strategic Planning for Clients 10
Execution of Marketing Campaigns 9-10 (i have great people who do the nitty gritty)
Financial Management 9
Bookkeeping 3 (outsourced as I really hate the fine details like GST0
Administrative Follow Up 6-7 (again have great staff)
Writing & Publishing 9 (getting better all the time!)
Speaking 10 (so I have been told)
Self Promotion 9-10
Web development & Promotion 6-7 (learning more and have brought on players who are 10+)
Babysitting Employees (1 - wont do it, that's why I work so hard to hire and motivate the people I have)
Great topic Kevin!!
Jude
Book: Comeback Moms
- Comeback Moms: How to Leave Work, Raise Children, and Restart your Career even If you Haven't Had a Job in Years
Monica Samuels and J. C. Conklin
2006
Jacket:
Millions of educated, professional women are quitting their jobs to stay home and raise their children. That would never be you, right? You worked hard for your degree and even harder to get to this point in your career. Quitting now, even for a few years, would kill your career, right?
That's what Monica Samuels thought when she found out she was pregnant...
Over 60 percent of professional women who leave work to raise children want to get back into the workforce someday. If you even think you might want to go back to work, be it in one year or twenty, you need to lay the groundwork now for a successful reentry or your options will be limited.
1. Quitting: When is the best time to cut the cord
2. Feathering the nest: How to financially prepare before you quit
3. Departure strategies: leaving the office
4. Money and Power: Constructing a new life on the home front
5. Backlash: handling family, friends and angry strangers
6. One foot in, one foot out: How can they miss you if you don't really go away?
7. Part time: It ain't perfect, but it's doable
8. Going back: the when and how of returning to work full time
9. Career counseling: When you need a change
10. Entrepreneurs: True Stories
Resources
Index
Recommended Article for You
close
Share this article with your friends. Fund someone's dream.
Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva.
Over
$50,000 raised and counting -
Please keep sharing! Learn more.