Leadership Thought #240 – Eight Questions Leaders Should Be Asking All The Time

As I’ve covered many times in previous blogs it becomes less and less and about you working harder or having all the answers and more about you diligently asking the right questions and letting others guide you. You need to become an expert question asker and never miss an opportunity to interact with all employees in this manner. There are seven question that when asked on a regular basis will encourage your people and ultimately the company as a whole to learn and grow:

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).

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.

Leadership Thought #385 – The Importance of Succession Planning

Far too many organizations are dependent upon far too few people to be successful. I often ask my clients, “What happens to your business if something happens to you?” The answers more often than mot are less than satisfactory. One of the key jobs of a leader is to mitigate risk and one of the biggest risks you have in any company is people risk – starting at the top. It may feed your ego to be critically important to your company but it is no way to build an enduring successful organization.

Leadership Thought #375 – Change Management Lessons From The Movie Moneyball

As a New York Yankee fan, I must admit to not being all that excited about the movie Moneyball with Brad Pitt when it came out. The story is about the exploits of Billy Beane as General Manager of The Oakland A’s when he literally transformed his approach to running a baseball team. When it got nominated for an Academy Award I thought maybe I should see it one day, but didn’t rush out to but it. I finally saw it last week and was blown away. I guess at this point I should pretty much trust anything Aaron Sorkin is involved with. Not only is the movie well written, directed, and acted, it also has many important lessons that are applicable to my work with business leaders. It was almost as if they had a leadership/management expert on the writing team. I’d like to highlight the following takeaways:

Leadership Thought #351 – Surround Yourself With Good People

Leadership is about people. The best leaders intuitively understand this reality and surround themselves with the best people possible. You can only ever accomplish so much alone. Achieving anything of significance usually requires leveraging the skills, talents and relationships of others. You need to be less worried about being the smartest person in the room and more focused on the collective intelligence of your organization. Over time, your own IQ end up being the average IQ of the ten people you spend the most time with.

Leadership Thought #317 – You Have To Learn To Hit A Curve Ball Or Find Someone Who Can

There comes a time in every young baseball player’s career where he has to learn to hit a curve ball. It isn’t easy to learn this skill. With fastballs it’s just a matter of focus, timing and reflexes. Curve balls are often unpredictable and anticipating ball movement can be quite difficult. The same thing happens in business. At first you just need to pick up the fundamentals. Much of this knowledge is easily acquired and is just a matter of applying what you learn. With certain skills sets, practice will make perfect. However, as you become more successful and the stakes get higher, the level of complexity will tend to increase in a corresponding manner. It no longer becomes just about fundamentals.

Leadership Thought #307 – Never Become Too Important To Your Business

I’ve met many business owners through the years who admit that if something happened to them the business would have a hard time continuing operations for any period of time. This always makes me nervous. Leadership isn’t about building dependency upon any one person. It is about getting a group of people working interdependently towards a common goal. Of course it’s much harder to do this when you are relatively small, but as you begin to grow and add staff, you should be constantly thinking about building operational redundancy and minimizing personnel/performance risk.

Leadership Thought #299 – Leveraging Other People

When in doubt ask good questions and leverage the knowledge and experience of other people. There are few things less attractive about a leader than someone who acts like they know the answer when they don’t. Confidence can be a good attribute but hubris is not. People ultimately see through your words and pick up pretty quickly if you simply make it up as you go along. More importantly, those around you who do have the answers lose respect for you and begin to question everything you say.

Leadership Thought #227 – Connecting With Your Audience Is Not Optional

In my experience, the best leaders are comfortable in multiple and diverse work and social settings. They are able to adjust their style to meet the needs of their audience or conform to the group dynamics. They understand that a leader without a receptive audience is handcuffed in his/her ability to turn a vision into reality. People tend to connect with others that they feel they can relate to. All conversations are a search for some level of common ground. The quicker you get there the sooner you can focus on the purpose of the discussion.

Leadership Thought #197 – You Have To Know Your People

Leadership can be a delicate balancing act. You want to push your people to achieve high performance and exceed what they thought was possible, while also appreciating that you hire employees and people show up with all of their human needs for understanding and support. If you push too hard they resent you and find you harsh and uncaring. If you don’t push hard enough then you enable mediocrity and stunt their growth. It’s not always easy to know where the line exists.

Daily Leadership Thought #136 – Focus On The Good Of The Group And Keep Egos In Check

It never ceases to amaze me how much a group of people can get accomplished if no one individual cares too much about who gets the credit. However, in most organizations there is far too much wasted energy on “ego” related issues and worrying about the wrong things. And, it often starts at the top of the organization. Maybe it’s because our society has put too much emphasis on fame and celebrity. Everyone wants to be somebody, but they are not quite sure what that means or what it costs or the right way to get there. Consequently, we have become much too concerned with what others are doing and how we stack up against their efforts.

Daily Leadership Thought #118 – 8 Characteristics Of A Winning Team

No one is ever successful alone. Whether it is at home or at work you need other people to buy into and ultimately support your success. You need to think of the people close to you as part of a winning team that is committed to a common goal, which is each others success and happiness.

Daily Leadership Thought #85 – Redundancy Is Important

A sign of a mediocre leader or manager is an unwillingness to let go of responsibilities and trust that others will get the job done as good as or better than they can. These individuals feels it is what they know and control that makes them important and ultimately irreplaceable.