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Wednesday, April 27, 2011
It’s Good to Be King
Extracted from "Synergizing Your Business -
5 Outrageous and Outstanding Bridges to Power Up Your Business"
by Chris Alexander
5 Outrageous and Outstanding Bridges to Power Up Your Business"
by Chris Alexander
The air imploded with tension. He stared at me for a solid minute. I had just told this brilliant business genius that he was the biggest problem in his company. That was not an easy thing to do, because he was the one who had retained me to help him improve staff morale.
"What do you mean, I’m the problem?" he growled.
"Eric, your employees are frightened of you."
"Fear is good. It keeps them on their toes."
"Fear motivation does work, Eric. But, not very well. It doesn’t last long and you have to continually threaten and scare people into doing their jobs."
"I don’t do that!" Eric shouted.
"Not deliberately, but there are some things you do that cause fear."
"Oh yeah! Like what?"
"Like micro-managing."
"Chris, my business is not big enough to absorb costly mistakes. I have to make sure that everything is okay."
"Eric, micro-managing limits your growth and makes your job boring. It also teaches people not to think."
What I love most about the entrepreneurial spirit is the creative ability to problem-solve. Eric had that true entrepreneurial spirit. He immediately shifted his ego aside.
"Okay, what needs to be done and what do I have to do?"
"Great! First we must get a very clear vision of where you want to be with this business in the next ten years."
"I know where I want to be!"
"Have you written it down?"
"No."
"That’s the starting point for you, Eric. When you commit yourself in writing to a long-term vision you will realize you need a team to help you get there."
"You’re right! But when it gets down to the daily cash flow and what needs to be done everyday, I lose sight of that and get side-tracked."
"Eric, we are all busier than ever, but we have to remain focused. So, let’s begin by clearly defining your vision, your values and your goals."
"Okay."
"Once you have completed that, the next step will be to share it with your people."
Transcending Levels of Growth
Many business owners find themselves in Eric’s exact situation. In the early days of a new business, the growth is phenomenal, the excitement and energy are almost beyond containment and people love to support an organization that exudes enthusiasm and creativity.
Business growth like human growth, has to be focused: It has to be directed toward an ultimate outcome. The ultimate outcome for a person is adulthood. A person reaches true adulthood by transcending various levels of growth . . . infancy, childhood, adolescence and finally adulthood. The ultimate outcomes for a business are the realization of its vision, ongoing growth and profitability. Businesses, like people, need to transcend their unique levels of growth. If these levels are not successfully managed, stunted growth will result in failure.
The entrepreneurial spirit is amazing and charismatic, almost evangelical. However, there is a point in the growth of a business when the smart entrepreneur will alter or maybe even radically reinvent his or her style knowing that the source of power will be to empower others in the company to carry forward the vision. This can be a very difficult thing, because business birth is a wonderfully gratifying experience. Psychologically, it’s your child and it is very exciting to raise it. The ego is validated in so many ways. Power and control can be very intoxicating. It’s good to be king!
I’ve witnessed so many business owners who hold on too tight, refusing to let go of their "child" only to see it wither and die, eventually ending up in bankruptcy or being forced to sell out.
A King doesn’t have to wear a crown . . . to be a King!
Micro-managing is one of the ways that owners try to keep control during periods of high growth. When that fails they introduce too many control systems, and hierarchy becomes the order of the day. The business changes from being results-driven to systems-controlled. This in turn, spawns deadly viruses in the culture of the organization. These viruses; fear, insecurity, dishonesty and apathy spread quickly throughout the business. They eventually kill the life sources of the business; the innovation, the initiative, and all the positive, willing attitudes. People lose interest because they are excluded and treated as numbers.
Granted, in a smaller business high control is very effective, because communication and interaction are constant and are the foundation for emotional security. But as the business grows and systems replace interaction, the natural, willing organizational ability is watered down, taking with it the excitement of being involved in the big picture. Duties and jobs become have to’s instead of want to’s. Have to’s are stress creators and want to’s are stress relievers.
Business owners need to shift from high-control management thinking to effective leadership through empowerment. Leadership suggests that an investment made in people is an extremely valuable strategy and an asset to organizational effectiveness. The human capital of a business can be described as unified creativity, responsibility, energy and collective spiritual agreements. The greatest source of power a business leader has is the committed hearts and minds of everyone. Knowing how to direct this power creates unstoppable, unflappable and unshakable zones of inspiration. This in turn, results in secure, highly profitable work environments.
Most of what we call management consists of making it difficult
for people to get their work done.
- Peter F. Drucker
Chris Alexander M.A. (Org Psych.)
Chris Alexander is a renowned speaker, author and business building strategist. He has spent the last 20 years helping people and organizations maximize their potential for greatness, so they can achieve wealth, health and extraordinary joy. Founder of Synergy Executive Education, Chris’ main goal is to turn stressed out frustrated workers into dynamic, team playing go-getters. He customizes programs for many major corporations and also reaches people on a personal level.
Delivering his messages with high impact, Chris Alexander makes a difference through his gifted, insightful and humorous speaking style. Leading companies and organizations throughout the world have profited from his expertise and business building talents. Recently, Alexander appeared in the Coast Telecourse, Dollar$ and Sense: Personal Finance for the 21st Century - in association with KOCE-TV and Irwin/McGraw-Hill Publishing. The course won the Aegis Award in the training- education category and the prestigious Los Angeles area Emmy Award for overall excellence.
Tel:949/586-0511 Calexander@SynergyTeamPower.com
SynergyTeamPower.com AlexanderSpeaks.com
Wednesday, April 20, 2011
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Wednesday, March 16, 2011
Turn Your Business Upside Down
Business Tip of the Month: Turn Your Business Upside Down
World-class companies are turning themselves upside down. They’ve found that the old top-down pyramid style of management doesn’t work. So they’ve inverted the pyramid, giving all employees more say in what goes on. And it works, as evidenced in improved customer satisfaction, sales and profitability.
Interested in Inverting the Pyramid and Synergizing Your Business?
Here are some tips:
* Build Synergy by making teamwork and service a core value.
* Challenge employees to come up with their own better ways to do their jobs.
* Release the brain power in your business by seeking out ideas from everyone.
* Treat everyone (internal and external customers) with honesty, respect, and courtesy.
* Give authority to solve problems immediately.
By allowing employees more control over their work environment and more involvement in improving the quality of their jobs, you build zones of inspiration and highly profitable work environments.
We Build High-Performance Business Teams Focused on Exceeding Customer Expectations
For further information, please visit http://www.SynergyTeamPower.com or contact Chris Alexander
at 949/586-0511.
World-class companies are turning themselves upside down. They’ve found that the old top-down pyramid style of management doesn’t work. So they’ve inverted the pyramid, giving all employees more say in what goes on. And it works, as evidenced in improved customer satisfaction, sales and profitability.
Interested in Inverting the Pyramid and Synergizing Your Business?
Here are some tips:
* Build Synergy by making teamwork and service a core value.
* Challenge employees to come up with their own better ways to do their jobs.
* Release the brain power in your business by seeking out ideas from everyone.
* Treat everyone (internal and external customers) with honesty, respect, and courtesy.
* Give authority to solve problems immediately.
By allowing employees more control over their work environment and more involvement in improving the quality of their jobs, you build zones of inspiration and highly profitable work environments.
We Build High-Performance Business Teams Focused on Exceeding Customer Expectations
For further information, please visit http://www.SynergyTeamPower.com or contact Chris Alexander
at 949/586-0511.
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