In this edition, I have no new material to share. In honor of the Thanksgiving Holiday, I simply want to say THANK YOU to the many who have chosen to follow my blog, podcasts, and videos.
It is you, the reader/listener/viewer who bless me with your interest and comments.
The date we call Thanksgiving is a United States thing, I get that. Yet the concept is global and should be important to think about.
What if we all said “thank you” a little more? Say it to the ones we love. Say it to those who perform acts of kindness or service along our journey each day. Maybe it’s the barista at Starbucks or the clerk at the dry cleaners. Maybe it’s your child’s teacher or coach.
There are dozens of people each one of us will contact each day. If we offered a simple thank you to so many more, think how much friendlier our world might be.
It doesn’t take heroic acts to bless others. Sometimes a simple gesture like “Thanks” is enough.
Making things happen takes effort. Leaders know that sometimes all the best effort gets wasted on outcomes that fall short of expectations. You face leadership decisions throughout your day. How do you make the effort worthwhile?
Consistently making the best of your own effort and that of your team is what separates one leader from another.
You know the types of decisions:
Moving your facilities/offices
Launching a new product or service
Simply growing the business
Expanding your vision
What ways can you drive better outcome and avoid the squeeze?
Much is written about data-driven decisions. In big business gathering the data is both more achievable (deeper pockets to spend on big data) and harder to do (broader range of variables). Yet you don’t need the high end, rocket science-like data to drive your planning. You do need valid information.
Buyer profiles, who’s buying your product or service?
The process of planning for your next big decision can uncover blind spots, things you haven’t yet thought about. Once the unknown is revealed, you may decide the “juice isn’t worth the squeeze”. That is, you will not realize the return you expected for the effort and resources you may be planning to spend.
The culture of your team drives everything. The team effort derived from a healthy work culture can often produce amazing results. Culture can overcome limited resources.
Peter Drucker is often quoted as saying “Culture eats strategy for breakfast.” Sources say he never meant that literally, but it does indicate a bias toward the power of a high trust team effort. A powerful and empowering culture within your team is a more reliable path to success.
Culture isn’t inherently about workspaces and perks, like comfy chairs and ping pong tables. It’s about the habits people have formed, how they make decisions, how they respond to challenges, pressure, and discomfort, and what they believe is good or bad for success. Culture is based on what’s been incentivized, rewarded, reinforced, and possibly even punished in their workplace.
What process has your company or team developed to be able to execute on decisions made?
Ready, Fire, Aim! Is not a process. It’s a train wreck. ~Doug Thorpe
The process you devise for achieving success accomplishes several things, all at once.
First, it allows you to score some wins. Finding the right blend of people, technology, and a procedure is a process. When a particular combination of those elements is producing good results, you have a winning process.
Scoring wins for your team builds momentum. Strong, viable businesses have their unique momentum. But you must have some wins to be able to build momentum. Overnight success is seldom that. Rather it comes from sustained hard work and dedication to winning ways.
Keep finding ways to improve the process. The business world is not static, it’s dynamic. That is, it keeps changing. So, too, must you.
The Bottom Line
While you certainly have learned a lot about making better decisions, we’ve only just scratched the surface when it comes to executive decision making. And that’s why I’d like to conclude by pointing out a few resources to help you get the most out of the decisions you make:
If you want to learn more about values-based decision making, then you’ll want to read about these Elite 8 leadership principles.
If your primary interest is leadership, then you can’t go wrong with this article.