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management

Leadership Thought #438 – Good People WILL Leave Your Organization

If you employ people, the reality is that employees will come and go. It is extremely rare that someone will take the entire business journey with you (or that you should want them to). A good company still experiences 10-15% turnover each year. One of my old bosses once told me that “The only certainty he had was that he was there at the beginning and would be there until he sells out or hands off the reigns to someone. More than likely, just about everyone else will come and go at some point. All you can do is strive to maximize the mutual benefit of the employer-employee relationship while they are here. You want to create an environment where good people want to stay, but accept the fact they will eventually leave, often for reasons beyond your control.” At the time I thought this was a bit cynical, but I see his wisdom more clearly many years later (Note: I left).

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Leadership Thought #443 – Leaders Need To Keep Raising The Bar of What’s Possible

There is a fine line between being good at what you do for a period of time and achieving sustained success. If you are not careful short-term success can lead to long-term complacency. Once you scale the mountain, start looking for the next peak/challenge. Don’t spend too long enjoying the view from the top. I see it all the time: leaders who once had really high standards and big dreams start lowering their expectations and/or getting distracted by other things. They start to spend more time enjoying the fruits of their success than planting the next crop to harvest. Of course, you should bask in the glow of your accomplishments and take some time to appreciate what winning feels like. However, never forget what it took to get you there.

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Leadership Thought #440 – Avoid Being Put On A Pedestal

Avoid being put on a pedestal by yourself or by others. I’ve seen good people get too full of themselves when they begin to view themselves as extra special and different from everyone else. In happens in all industries and in all sectors. Nonprofit leaders certainly aren’t excluded. It is never good for any of us to be surrounded by people who are too deferential. Success without humility typically leads to ego issues. I’m not saying we shouldn’t value or respect accomplishment, but we shouldn’t put a disproportionate emphasis on the attributes of the person. Superlative outcomes are usually the result of good timing, hard work and specialized focus not generic ability. In addition, doing good work that taps into your unique talents makes a positive difference in the lives of others should be enough of a reward. Don’t get too caught up with celebrating YOU.

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Leadership Thought #432 – It’s Your Business Sandbox – Manage It Carefully

When you own your business it is your sandbox. You get to decide who plays in it and what happens inside. Just remember that these decisions also have consequences. As an advisor to my clients, my role is to get them to appreciate this fact. I’ve often watched people make decisions that I don’t agree with. Sometimes I am right and sometimes I am wrong about what happens next. My track record is usually pretty good but far from perfect. I just want to make sure that these decisions are somewhat informed and well thought out. I am fine with being pleasantly surprised by good results that I didn’t foresee or anticipate. I learn from these situations as well – never underestimate the resolve and creativity of a committed leader. Most importantly, I strive to ensure that these decisions are aligned with the outcomes the client is aspiring to achieve. Success can be defined in many different ways and unless there is a moral or ethical component, it is not my role to judge.

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Leadership Thought #431 – FOCUS, Focus, focus

If I had to pick one thing that inhibits success the most amongst small business and nonprofit leaders I would say it is a lack of sustained focus. By the very nature of them being entrepreneurs, they tend to be very opportunistic. It is common for them to see a business opportunity around every corner. Their mindset is that every problem has a solution and the only obstacle to progress is a lack of effort. Unfortunately, this is only partially true. Yes, every problem does have a solution, but the effort needs to be put forth by the right people with the right plan. It is not merely a question of resources, attention and willingness to put forth effort. Great leaders and strong businesses focused on the wrong opportunities/problems typically only achieve mediocrity at best. At worst, this distracts their true potential for greatness by limiting their attention on what they should be doing in the first place and creates business vulnerabilities that should never have existed.

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