Leadership in small to mid size companies: its important to do it consciously!
Leadership in small to mid size companies: its important to do it consciously!
Never thought about it? Understanding your core values and ensuring they align with your company’s is important. The next step is to clearly communicate them by ‘living’ them in your deeds, words and expectations of others. Doing this will deliver:
1. Improved Partnerships
People know what to expect and can depend on your actions and reactions. They will take initiative.
2. Improved alignment of people and business goals
Make sure your people are headed in a direction that is compatible with your company’s values; it makes for a much more satisfying, less complicated experience. You won’t be wondering why people don’t ‘get it’.
3. Improved Decision Making
If your decisions are based on core values, they are easier for you to make and more consistent and clear to all those around you.
4. Improved Communications
Clarity is one of the keys to a business that runs like a well-oiled machine. Communicating roles and goals clearly, can mean improved customer satisfaction and teamwork. Over time, people who work for you will actually anticipate decisions and make them for you in a way that you can approve. You can delegate without concern.
5. A motivate team; you and others
When work is easier and you are having fun you just want to do more of it – and it’s catching!
Why bother doing this?
Strong leadership and strong culture facilitate organizational clarity and motivate people. They also provide the guiding principles for how people work and “people program designs”. Studies have established that as much as 15% of a company’s profitability and performance comes from the people strategy and that the associated human resources programs can affect the probability of start up survival by as much as 22%.
Many business owners will wait to develop the kind of programs that promote leadership at all levels in the organization because it seems like too much infrastructure and well, it just seems like you shouldn’t have to until you get “bigger” and life becomes more complex. The reality is that the sooner you start, the easier it is to build and the less complex it is to install. You may have a little more structure but your leadership life will become much simpler.
It’s time!
If you own a business, you and your management team are influencing everyone you interact with including customers, bank managers, suppliers, shareholders and employees. If you want to be successful, you need to strive for conscious competence.
If you’re doing it anyway, why not do it well and use it to your advantage?
Recruitment
Hiring people that share your values makes it a place where everyone likes to work. Designing HR programs that support, reward and reinforce the behaviours that demonstrate the values is key to sustaining that environment. In other words, people who take action and make decisions that are consistent with the values are the ones you pay well, reward, spend valuable training dollars on and KEEP.
Retention
The word “KEEP” is very important here. Over time, not only will you hire people that have similar values, you will help those who don’t, find other opportunities. This is important because it clearly and consistently demonstrates the importance your company places on how people work together and work with customers or suppliers.
Competitive Advantage
Early stage companies have an opportunity to create competitive advantage when the leadership develops a values based culture. Once identified, the core values can become the basis for creating an environment that embodies everything that is important to you and your business. Things like teamwork, customer focus, excellent communications, drive to win, and integrity, all become much easier to define in terms of what is acceptable and what is exceptional behaviour and performance.
Let’s face it; potentially impacting your profitability by as much as 15% is nothing to sniff at!
Leadership in small to mid size companies its important to do it consciously - To learn more about this author, visit G.J. Miller's Website.
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There are many theories and much writing on the topic of what makes a good leader, and the differences between managing and leading. The literature covers lists of characteristics that include things like Guiding Vision, Passion, People Skills, Drive, Charisma – and many more. But there is one thing, in my experience, that great leaders have in common, and that is, a strong set of core values with Integrity topping the list.
Never thought about it? Understanding your core values and ensuring they align with your company’s is important. The next step is to clearly communicate them by ‘living’ them in your deeds, words and expectations of others. Doing this will deliver:
1. Improved Partnerships
People know what to expect and can depend on your actions and reactions. They will take initiative.
2. Improved alignment of people and business goals
Make sure your people are headed in a direction that is compatible with your company’s values; it makes for a much more satisfying, less complicated experience. You won’t be wondering why people don’t ‘get it’.
3. Improved Decision Making
If your decisions are based on core values, they are easier for you to make and more consistent and clear to all those around you.
4. Improved Communications
Clarity is one of the keys to a business that runs like a well-oiled machine. Communicating roles and goals clearly, can mean improved customer satisfaction and teamwork. Over time, people who work for you will actually anticipate decisions and make them for you in a way that you can approve. You can delegate without concern.
5. A motivate team; you and others
When work is easier and you are having fun you just want to do more of it – and it’s catching!
Why bother doing this?
Strong leadership and strong culture facilitate organizational clarity and motivate people. They also provide the guiding principles for how people work and “people program designs”. Studies have established that as much as 15% of a company’s profitability and performance comes from the people strategy and that the associated human resources programs can affect the probability of start up survival by as much as 22%.
Many business owners will wait to develop the kind of programs that promote leadership at all levels in the organization because it seems like too much infrastructure and well, it just seems like you shouldn’t have to until you get “bigger” and life becomes more complex. The reality is that the sooner you start, the easier it is to build and the less complex it is to install. You may have a little more structure but your leadership life will become much simpler.
It’s time!
If you own a business, you and your management team are influencing everyone you interact with including customers, bank managers, suppliers, shareholders and employees. If you want to be successful, you need to strive for conscious competence.
If you’re doing it anyway, why not do it well and use it to your advantage?
Recruitment
Hiring people that share your values makes it a place where everyone likes to work. Designing HR programs that support, reward and reinforce the behaviours that demonstrate the values is key to sustaining that environment. In other words, people who take action and make decisions that are consistent with the values are the ones you pay well, reward, spend valuable training dollars on and KEEP.
Retention
The word “KEEP” is very important here. Over time, not only will you hire people that have similar values, you will help those who don’t, find other opportunities. This is important because it clearly and consistently demonstrates the importance your company places on how people work together and work with customers or suppliers.
Competitive Advantage
Early stage companies have an opportunity to create competitive advantage when the leadership develops a values based culture. Once identified, the core values can become the basis for creating an environment that embodies everything that is important to you and your business. Things like teamwork, customer focus, excellent communications, drive to win, and integrity, all become much easier to define in terms of what is acceptable and what is exceptional behaviour and performance.
Let’s face it; potentially impacting your profitability by as much as 15% is nothing to sniff at!
Leadership in small to mid size companies its important to do it consciously - To learn more about this author, visit G.J. Miller's Website.
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Jay Kubassek(Jay's Full Bio: EvanCarmichael.com/jaykubassek) In five years, Canadian-born entrepreneur Jay Kubassek went from selling mufflers at a Midas franchise to revolutionizing Internet marketing with the 2004 launch of CarbonCopyPRO, a online marketing education company, now worth over $20 million with customers in over 160 countries.
As an independent film producer, his upstart film fund Aliquot Films is currently producing a films with Spike Lee and Abel Fererra (starring Ethan Hawke and Dennis Hopper.)
Jay's entrepreneurial spirit is irrepressible. He’s the owner of five companies, a professional speaker and trainer, international real estate developer/investor, extreme sport enthusiast and emerging philanthropist. Jay resides in NYC with his wife Jamie, son Milo and dog Cooper. Visit Jay's official website: www.JayKubassek.com - Visit Jay Kubassek's Website |
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John PowerJohn Power, founder of Biltmore Franchise Consulting, has extensive experience developing and marketing franchises and business opportunities. He has been in and around franchising for over twenty years. From 1980 through 1990 he conceptualized, organized, and developed the American Video Association. He grew AVA to 2,000 national members, before selling the company it 1990. It was later merged into another home video marketing company. From 2000 to 2005 he worked as a contract marketing and human resources consultant to several local and national companies. In 2005 Mr. Power began working as a franchise development consultant on a full-time basis. Since that time he has helped more than three dozen companies initiate and develop their franchising program. He notes that there are many companies interested in developing a franchise program, and who need his specialized assistance. Mr. Power is a “hands-on” franchise consultant. He said, “I am the ‘nuts and bolts’ person who tends to the details for my clients.” Mr. Power holds a B.S. degree with a major in Marketing. See: www.biltmorefranchise.com You may contact Mr. Power at: jpower@biltmorefranchise.co - Visit John Power's Website |
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John BrennanJohn Brennan Ed.D. Dr. Brennan is President of Interpersonal Development, LLC, a training and development firm. Interpersonal Development has provided sales training and coaching to more than 3,000 sales reps from over 100 companies. A native of Australia, Dr. Brennan received his doctorate from the University of Rochester. His dissertation researched the effectiveness of Behavioral Modeling Technology in training people in interpersonal skills. While he has spent most of his career designing or delivering training, he was also a Vice-President of Sales of a training and development franchise with operations in 25 markets. Dr. Brennan has designed and delivered sales training in North America, Asia, Europe, Australia and the Middle East. He has been a guest speaker at numerous national and regional professional conferences. When Microsoft wanted Best Practices articles on sales for their web site, they called Dr. Brennan. The results are at http://office.microsoft.com/en-us/FX011387391033.aspx His firm’s clients have included Volvo, The Prudential, Merrill Lynch, Eastman Kodak, Gannett, Equifax Europe, the Economist Group and countless small businesses. - Visit John Brennan's Website |
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Stephanie RobeyStephanie Robey is President and CoFounder of Pivot Positive, LLC - an Internet marketing business focused on helping people start work at home ventures. Previously, she was employed at The Search Agency with over 20 years experience in graphic design and 10 years experience in online marketing. She was responsible for launching the Conversion Path Optimization (CPO) unit where she and her team have conducted hundreds of optimization tests for online companies across multiple verticals. She is a successful entrepreneur having started and sold 2 companies and remains on the board of directors of the third, PhotoSpin.com Stephanie began her career in the direct marketing realm creating and producing direct mail for many of the major cable television companies and directly attributes her understanding of Internet marketing to those early offline experiences. Stephanie is a graduate of San Diego State University with a BFA in Graphic Arts and also holds an Executive MBA from the Graziadio School of Business and Management at Pepperdine University. Read Steph's Blog Meet Steph and Dave Sign up for our Free 7-Day BootCamp: Self Employed & Rich - Visit Stephanie Robey's Website |
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Dianne CramptonDianne Crampton is an executive leadership coach, team consultant, author and president of TIGERS Success Series, Inc. Dianne has been helping CEO's and Executives connect their employees to their core values and goals for over 20 years using the trademarked TIGERS team culture process, which stands for trust, interdependence, genuineness, empathy, risk and success. To download a free white paper on behaviors that build strong teams and behaviors that will predictably tear them down go here. - Visit Dianne Crampton's Website |
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David BarrDavid Barr is the President of Venture Opportunities, Inc. David has been a professional business broker/intermediary since 1980 focusing on General Business Brokerage and Mergers and Acquisitions representing client transaction value from $400,000 to $20,000,000. Mr. Barr has handled the sale of over four hundred and fifty companies. David earned a university degree from the State University of New York majoring in economics and business. David holds the Mergers and Acquisition Master Intermediary and the Certified Business Intermediary designations from the International Business Brokers Association. He is also a Senior Business Analyst and a Texas licensed Real Estate Agent. For more information about David and Venture Opportunities, visit www.bizdealmaker.com. - Visit David Barr's Website |
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John AlexanderJohn has taught keyword research and SEO skills to small groups of business owners and Webmasters from over 80 different countries world wide since 2002. John is also the Director of Search Engine Academy ; Co-director of Training at Search Engine Workshops offering live, SEO Workshops with his partner SEO educator Robin Nobles, author of the very first comprehensive online search engine marketing courses at SEO Training Online and the SEO Workshop Resource Center. I look forward to hearing from you! - Visit John Alexander's Website |
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Cheryl MatthynssensCheryl is a life skills coach, licensed Chemical Dependency Counselor and a 20 year entrepreneur. Cheryl's dedication to achieving a life of balance led to her expanding her teaching from the simple managing of life's daily challenges to adding financial well being as well. A direct marketer with DrinkACT, she is gaining ground in the online community with her concepts of making sure business owners, entreprenuers and employees have well rounded life styles. She opened up a small affiliate site - The Balance Guide- to help others find resources for mental and emotional well being. Visit Cheryl's blog to see more of the diversity beyond business she has began offering online at www.thebalanceguide.blogspot.com - Visit Cheryl Matthynssens's Website |
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