Leaders Helping Leaders

Friday, April 3, at 10:30 AM CT I’m inviting you to join me for a community discussion about our response to COVID-19.

I’ve been talking with dozens of small business owners who are up against the wall. We need to pull together to help each other.

This session will have NO SALES pitches, no products being sold. It’s my idea to allow people together online to talk about what they’re doing to get through this crisis.

You must register though because zoom seats are limited. You can register on my website at DougThorpe.com or click this link now.

https://dougthorpe.us/2xGtWMk

Silver Fox Advisors – Lunch & Learn Jan 23

sts-121 crew in flight

Attention Houston area business leaders, the Silver Fox Advisors is hosting its monthly Lunch & Learn program. This month features NASA Astronaut Col. Michael E. Fossum, USAFR.

Michael E. Fossum is the Chief Operating Officer and Vice President of the Galveston campus of Texas A&M University. He joined Texas A&M following his retirement from NASA in 2017. 

Fossum was selected as an astronaut in 1998. He is a veteran of three space flights; STS-121 in 2006, STS-124 in 2008 and Expedition 28/29 in 2011. Fossum has logged more than 194 days in space, including more than 48 hours in seven spacewalks.

He was commissioned as an officer in the U.S. Air Force and earned a Bachelor of Science degree in Mechanical Engineering from Texas A&M University and Master of Science degrees in Systems Engineering and Physical Science from the Air Force Institute of Technology and the University of Houston – Clear Lake, respectively.

After completing graduate work, he was detailed to NASA’s Johnson Space Center, where he supported space shuttle flight operations, beginning with STS-3. Fossum left active duty in 1992 and retired as a Colonel from the U.S. Air Force Reserves in 2010. Michael Fossum retired from NASA in January 2017. 

Born December 19, 1957, in Sioux Falls, South Dakota, and grew up in McAllen, Texas. Married to the former Melanie J. London. They have four children and four grandchildren. He enjoys family activities, motorcycle riding, and backpacking. Mike’s main hobby is serving as Scoutmaster of a Boy Scout troop.

Awards and Honors

NASA Exceptional Service Medal and three NASA Spaceflight Medals. Scouting awards include Distinguished Eagle Scout, Silver Beaver and Vigil Member of the Order of the Arrow. Distinguished Military Graduate from Texas A&M University and Squadron Commander in the Corps of Cadets. Awarded the U.S. Air Force Meritorious Service Medal with two Oak Leaf Clusters and various other service awards. Distinguished Graduate from the U.S. Air Force Test Pilot School, Class 85A.

“The time will come when man will know even what is going on in the other planets and perhaps be able to visit them.”

Henry Ford, Theosophist magazine, February 1930

Silver Fox Advisors’ President Bill Herman stated, “Come join us and learn about the teamwork and preparation needed to achieve a successful mission by reliving space travel with Colonel Fossum.”

The Silver Fox Advisors’ Lunch and Learn events are held at the Houston Racquet Club, 10709 Memorial Dr., Houston, TX 77024. To learn more about the Silver Fox Advisors’ Lunch and Learn Sessions and to register for this event, visit our Website at www.silverfox.org.

Seating is limited, and due to the special nature of this very informative session will fill up fast, so make your reservation today.

Tables of eight are available for $315. Lunch is served at 11:20 a.m., and the Program will begin at 11:50 a.m.

Silver Fox Advisors are proven business leaders who advise, consult, and mentor other business leaders, CEO Roundtables, and entrepreneurship programs.

For more information visit: www.silverfox.org

Breaking Through the Invisible Wall

There is an invisible wall in the business world.

People can spend an entire career and never break through that wall. The wall is not about equal opportunity, hiring practices, promotion or selection. Nor is it about gender or age.

No, this wall is about moving from management to leadership.

the invisible wall from management to leadership

The Entrepreneur’s Conundrum

The easiest way to explain this wall is to start with an entrepreneur. A solo-preneur; the person who thinks he/she has an idea and wants to start a business.

Let’s say our hero (the start-up entrepreneur) gets some funding and launches the business. In no time, the business starts to make sales and grow.

Pretty soon the owner needs to hire some people to help fill all the orders, make more widgets or whatever they are doing. They need more people.

Now they have a team running. The first experience is to manage the process. The owner has to show everyone how to do or make the things you meant to do in the business.

Your idea as the entrepreneur has to get communicated, trained and shared with others to let the business grow.

As the Manager, you track the numbers, bank the revenue, make the deposits and pay for expenses.

Things seem to be going OK. You survived the start-up phase.

New Opportunities

As the business grows, you have to grow with it. More resources, bigger payrolls, larger space, etc.

But the owner seldom thinks about growing their own ability to manage the business. The thinking goes something like this.

“What I did before got us here, I’ll do more of that, and we’ll be fine.”

That works for a little while longer, but the business still keeps growing.

Now it’s become a full-sized enterprise with layers of management, division of teams for specialized skills, and other expanding roles.

The Thirst for Leadership

Somewhere in between that expansion phase and the enterprise phase, the invisible wall takes shape. As the company grows, so does the wall.

What used to be decent management starts to have problems. The old ways to push people and materials don’t work anymore.

It’s not the people or the business, it’s the owner’s capacity to lead that is crumbling.

This new entity that is the company is hungry for leadership. Not more management; bona fide leadership.

Leadership has to step in and take over.

As Monte Pendleton, Silver Fox Advisor, and founding member states “There is no particular time table for these stages. But the ending of Stage 1 usually becomes apparent when the requisite managerial skills begin to change. The very personality, skills, and capabilities that allowed you to succeed as a Stage 1 entrepreneur or start-up owner/operator, now become detrimental to you in the latter stages.”

When the wall becomes apparent, you have some choices to consider.

First, you could decide to quit growing; stay the size you are, and keep doing the same things.

Or, you can choose to modify your management style and press on toward the next phase. Hire a coach or an advisor to guide you through the changes needed to break through the wall.

Lastly, you might choose to replace yourself with someone who has better leadership skills and experience, allowing you to revert to the core talent and gifts/specialties you started with.

If all else fails, sell the business at its then market value and go fishing. (I digress).

Bigger Enterprise

I dedicate my coaching practice to owners and executives who are right at the wall.

There are senior managers everywhere who still need to embrace the reality of the presence of the wall.

Believe it or not, a wall always exists between the stage of the business unit you run and your ability to lead.

a group of young people working in the office

I’ve said it many times before, a good manager can have a long and successful career never being more than a manager. Turn the screws, meet the deadlines, ship those deliverables and do it through strong management skills; these can be a nice career.

However, for the good of the growth of the enterprise, you need to become a leader. If you already know something about leadership, be a better leader.

Monte states “Leadership is the ability to cause others to take action even when the action is outside their comfort zone.”

Dave Guerra in his book “Superperforming” says “Management is about process and leadership is about people.”

I love that explanation. So true.

Think about your situation right now. It doesn’t matter whether you own the business or run a large team/division inside one. Ask yourself, “where is my wall?”

Question: Have you broken through the wall, realizing the need for leadership over management?