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Leadership – November 2008

Get Back on Track
Reaffirm strategy and priority.

by Bob Prosen

WHEN GREAT LEADERS and companies get off track, they recognize the problems and get back on track quickly. When you stray, how can you get back into the winner’s circle?
You need to reaffirm the strategy and top priorities, put the right people in the right jobs, with clear objectives and measurements to track performance.
Assign ownership to key people and require them to focus on the vital few objectives. You’ll lose focus if you take on too many responsibilities.
Be clear about what you’re asking people to do. Eliminate false starts. Give them objectives derived from deep thinking. When you communicate clearly, make requests of people, and get commitments, you make progress.
Have a measurement system to track progress on your top objectives. These measurements act as an early-warning system, enabling you to reprioritize and take corrective action as needed.
Discover the root cause of every problem so that you don’t waste valuable resources fighting the same problems. This inefficiency generates unnecessary costs and prevents you from focusing on what’s most important to move forward and accelerate profitability. You can use these steps to turn around companies, close more sales, reduce overtime, improve on-time delivery, turn loss into profit, increase employee and customer satisfaction.

Ask 11 Questions
Ask yourself these 11 questions:
1. Do you have the right strategy and top objectives, supported by the management team? Your strategy must provide clear direction in concise language that’s easily understood by all and produce sufficient profits.

2. Do you surround yourself with smarter people? Are your direct reports giving you ideas that you never knew were possibilities? Given the choice, would you pick those people again to be on your team in the same positions? Use these criteria to build your team.

3. Do you have formal monthly operations review meetings? This is an effective way to instill accountability and achieve objectives. It’s the perfect forum to review results, remove roadblocks, ask for assistance, and hold people accountable for results.

4. Do you keep people focused on achieving the top objectives? Have you identified your top objectives, and do people know them and see how what they’re doing helps achieve them? Communicate objectives, hold people accountable, and visibly post key objectives and performance so everyone knows how they’re doing daily. Meet regularly with your teams to discuss progress against goals.

5. Do you manage people too closely? If so, back off and learn to delegate. Let people do their jobs. However, when things go off course, address problems and correct the situation. It’s not fair for good people to be burdened with the incompetent. When you need to make personnel changes, do it. Cut the dead wood. Don’t rationalize.

6. Are you helping people prioritize actions in alignment with key objectives? Everyone wants to do it all, but you can’t. Help the organization triage initiatives and give them permission to stop doing a number of tasks.

7. Are meetings effective? Pop into meetings and listen. Are people solving problems and talking about things they can do to move the company forward, or are they focused on complaints, excuses, and extraneous issues? Explain how to effectively conduct meetings focused on achieving results and hold people accountable for improvement.

8. Are you watching for team members who are focused internally, not externally?
Be aware of negative politics that show up in e-mails, meetings, hallways, and break rooms. When you hear people talking about what’s best for me instead of what’s best for the company, nip it in the bud. Focus behavior on the success of the team. Recognize and reward individual performance in context with how it supports company goals.

9. Are you asking people what they need to succeed? When you ask someone to do something and give them a deadline, also ask them if they have everything they need to make that deadline. If not, deal with it immediately. When people fail to meet goals or deadlines, ask what actions you can take and what’s required from others?

10. Are you watching for busywork? Attend to staff and other functions, such as accounting, HR, and IT. Are they engaging in non-essential work and generating unnecessary reports instead of actions that support top objectives?

11. Have you run out of time to plan?
Are you running to keep up, missing commitments, attending too many meetings, being reactive instead of proactive? Do you regularly take vacation? Does everyone come to you for answers? The devil is in the details. It’s time to release some of those details.

Make the Right Decisions
Make decisions that have the biggest impact. If you’re involved in small decisions, you’re not working on the right things.
Here’s how you fix it:
1. Determine your top three priorities. Write them and keep them on your desk to avoid distractions.

2. Delegate more. Delegation is not abdication. You don’t turn your back. Stay involved at appropriate points until your goals are realized. After you reprioritize, schedule time for planning and for thinking about the Big Picture and the Next Big Thing.

Institutionalizing Success
To achieve extraordinary performance and profit, you must demonstrate relentless pursuit of vision; show an unyielding commitment; face tough realities; avoid excuses and rationalization; recognize the distinction between profit and cash flow versus revenue and growth; surround yourself with experts; have clear objectives; have accurate and timely metrics to evaluate performance; act quickly to overcome problems as they arise; run lean; build a culture based on accountability and focused on execution; encourage a free flow of information; remain flexible; adapt readily to change; reward results, not activity; and have a support group.

Sustaining and accelerating highperformance results and profitability provides your company with choices unavailable to competitors. At the start of the day, it’s all about possibilities. At the end of the day, it’s about results. LE

Bob Prosen is author of Kiss Theory Good Bye and president of The Prosen Center for Business Advancement. Visit www.kisstheorygoodbye. com or www.bobprosen.com or call 972-899-2180.

ACTION: Get back on track.

 

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