Good to Great
Jim Collins (Good to Great, Great by Choice) was a keynote presenter at the Women President's Organization annual conference in Atlanta this past month. Mr. Collin's books are always a good read, and he was in rare form presenting in front of this 800 strong crowd of exceptional female entrepreneurs.
As you would expect, he had several salient ideas to share, and his parting 'To Do' list; a must-do catalog of great ideas for extra ordinary leaders, has stuck with me. There were three actions he suggested that caught my eye as having the power to profoundly impact a successful change effort.

1.  Hold a 'Brutal Facts' meeting each quarter, in which the realities, a company's profit and loss figures, percent margins and customer retention numbers, etc. are shared with everyone. Yep, everyone. Those who change best are those who must, and knowing the truth about how the company is doing and how the change effort will (or won't, if it fails) impact the financial health of all concerned is important information that can act as an enduring motivator.
 Values sign
2.  Develop ROL (Return on Luck) strategies. Of all the influences that contribute to success, old - fashioned luck can often be the X factor that puts your plans over the top. Collins explained that, 'who luck' is the best kind of luck there is and that he's observed that who luck is often squandered and, in many cases, the person that could have tipped the scales in a company's favour is simply allowed to walk out the door. He challenged the audience to strategize ways to capitalize on lady luck when she comes knocking; deciding ahead of time how to maximize the right connections at the right time.

3.  Commit to a set of values that will still be relevant 100 years from now. Most companies begin the strategic planning process by crafting a set of organizational values... and then shove them in a drawer somewhere. Maybe that happens because the values are too situational, contrived or so milk toast that they fail to grab people's hearts. Values that endure are ones that evoke truth, transparency and trust. Do you have a personal set of values that will stand the test of time? Does your company?

Oh, and he also suggested that, when you're finished with your To Do List, that you craft a Stop Doing List as well. It's every bit as important, and often more powerful, to stop doing those things that get in your way, than to take on new activities.

See Collin's whole To Do List below.

And if you want to get started on those that resonate with you as being the most important steps towards moving your company, department, team - or yourself forward...call me!


Remember, you can change it - we can help!

May 2012

Jim Collins' To Do List for 2012

-Go to the Good to Great website and take the Good to Great Diagnostic for your business
-Make sure you have the 'right people in the right seats' on your company's bus
-Hold a 'Brutal Facts' meeting each quarter, in which the numbers for the company are shared with everyone
-Have a 15-25 Big Harry Audacious Goal for yourself
-Commit to consistency
-Calculate, then take a risk this year
-Make a plan that would allow you to go one year without revenue in your company – because some day you may need to
-Look for ROL (Return on Luck) strategies – what will you do with a stroke of luck
-Commit to values – ones that will still be relevant 100 years from now
-Make a Stop Doing List – then STOP doing unnecessary things






Click here for more information on Jim Collins 

What Do You Expect?

I boarded Direct Air flight #5915 on March 5th for a flight to the sunny south, fully expecting that the airline would fly me safely home again 10 days later. Ah - no! Six days after my departure, the airline went bankrupt and I was left to fend for myself. Feeling angry, disappointed and ripped off, I spent hours searching the Internet for a flight that wouldn't break the bank. It was the height of Spring Break in Florida and flights were hard to come by.
After a few frustrating hours, trying to get a coherent answer from the airlines, and an assurance from VISA that they would refund my loss, I took a walk and found myself wondering...what exactly had I expected when I booked this flight? I fly a fair bit and haven't given much thought lately to my expectations for travel. Air travel certainly isn't what it used to be and, over time, we - the flying public - have been forced to lower our expectations incrementally.

Slowly, we've traded our hopes for a hot, healthy in-flight meal, for a cold, starch-heavy 'snack'. At the last minute, we're now asked to hand over our credit cards to pay for that suitcase that used to fly free. And the free movie, that provided distraction on those long trips ...four dollars please! Truth be told, most of us have swapped the probability of a great flying experience, for a 'just get me there in one piece' prayer.April 2012 newsletter

Expectations are powerful. What we believe about what we 'should' be given, or how relationships and situations are 'supposed' to unfold, form the foundation of our emotional experience as consumers, parents and employees. The power of expectations is clearly evident when there is a change in our lives. Leaders often 'expect' employees to be excited about organizational changes, willing and able to grasp the vision. Employees expect that their leaders will keep them informed about every step of the transition, and understand their pain. Sounds reasonable, doesn't it? So, why is everyone angry, frustrated and looking for someone to blame during the hard parts of a change? Simply put, the real expectations we hold are seldom explored, clearly defined or shared.

How can a leader, parent or team member 'manage' their expectations? Here are a few ideas:
  • Explore your own expectations before stepping into change; ask yourself:
    • What do I think will happen, how quickly and to what degree?
    • What do I hope or anticipate others will do in response to the changes I'm initiating?
    • What have others encountered when attempting a change of this size and importance that can inform my goals and plans?
    • What will I do if my expectations are not met, or even understood?
And now for the really important piece...share your expectations. Talk openly with those people who are involved in your change, or from whom you will need some sort of help or response in order to be successful. You just may find out that, the very person, team or company that you are depending on to cooperate with you has a different view of their participation. Preparation will keep you from experiencing a whole range of unpleasant emotions. And, it just might help you prepare a Plan B that, when push comes to shove- and it always does in a change - could save your bacon!

Planning a change? Want to clarify your expectations first? Call me...

Remember, you can change it - we can help!

 For a good read on expectations, pick up Brian Reynold's book, What Do You Expect

March 2012