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Book Quotes Career planning Entrepreneurship Influence Leadership Strategy

Your a CEO of business working for the owners of the business and you are ready to move on.

Your a CEO of business with non execs that own the business and you are ready to move on, as you feel stifled. You love the business and you believe the business has great potential. You are restrained by the founders and owners, you are ready to do something else.

Owners who create, built and grow the business after many years decide to step back due to retirement, other business opportunities, personal circumstance and appoint CEO. The CEO is limited by the law of lid. First chapter of John Maxwell’s book on the 21 irrefutable laws of leadership  https://www.amazon.com/21-Irrefutable-Laws-Leadership-Anniversary/dp/078528837621 irrefutable. Often the CEO is restricted in where he/she takes the business due to the founders expectations, thinking and interference in the daily business.

Over time the CEO becomes frustrated and look outside for a new career opportunity, when the answer could be to look at alternative ownership structures for the business. The owners may want to sell out, realise their investment and they are looking for exit, as CEO you can facilitate by an industry buy out, private equity sale or a management buy out.

Each needs a thorough understanding of the market and the opportunity for the buyer. It’s a time to call on your network for assistance, advice and introductions. Once you have researched the possibilities, then approach the owners for their support.

The worst that can happen is the owners are not interested in selling business, the only thing you have lost is time. On the other hand if they are keen you are now running your own business.

The alternative to leaving may very well be the best opportunity to back yourself and give back to the owners.

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Entrepreneurship Influence Intrepenuership Leadership Personal development Sponsor Strategy

Opportunity to work abroad

working abroad (2)At age 44 I had the opportunity to work abroad with an Australian company that I had worked for for 4 years. I set up the European arm of Quofore a mobiles apps solution for Consumer Goods field representatives and we had done very well, so I was invited to come to Australia and become Managing Director for APAC.

Personally I have grown as a result, especially the opportunity to expand in to Asia, where my team landed a large contract with Unilever in China for 10,000 mobile users across 2000 cities. Ten years on, this is the success I am most proud of.  The reason:

  • Setting up a business in China of which I am extremely appreciative of all the advice and support from Austrade.
  • Delivering one of the most successful ROI projects for Unilever globally
  • Delivering a complex project in less than 10 months.

In Quofore I had worked with the global CEO and CFO for over 15 years, I had extreme trust and I was treated always exceptionally well.

Since joining corporate which I did just over 7 years ago I have had similar opportunities. In July last year I was given an opportunity to drive a new segment of the business, something I had been doing as a side project. My new boss backed me gave me a team and said there is no one more driven than you to make it work. This opportunity was to grow a $300 million business from 0 in the next three years.

I was amazed at the number of people who said to me, why are you taking on this opportunity you had a far more prestigious role before managing a team looking after the larger accounts.  Seven months on those same people, now get it. Proving yourself through taking calculated risks that are high profile is a great way to get noticed.  I am indebted to my boss for supporting me and creating the opportunity.

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Coaching Influence Leadership Mentoring Personal development Work life balance

Taking responsibility to how we get treated

treatmentToday I was in a coaching session with a young female I have mentored for over 6 months. She has grown so much in a short amount of time, she is also happier and equipped with skills to ensure her success. Today I asked her about how she is getting on with repair bridges that have been well and truly burned. The same question I ask her each time I see her. She had made no progress.

I asked her what was getting in the way of having the conversation. She opened up and said that it would be too painful. Do you practice forgiveness? She looked alarmed. Forgiveness is the opposite to resentful, when you let you go, the emotion and time spent feeling resentful is released into positive energy that you can use far better.

Holding on to resentment is not helpful or healthy.

It’s too painful, she repeated. I asked Why is it so painful? She replied: It was bullying and it went on for months. What did you do about it? She stopped, I did nothing, I was embarrassed. Did you speak to anyone about it? No. So you suffered not knowing what to do. Yes she replied. She went on to say I want to forget it and move on. I replied, it will happen again, I can guarantee you, so what are you going to do about it when it happens? She looked surprised and taken back. It will happen, I talked through some incidents that I had personally dealt with. As a women, certain leaders(men and women) need to assert their authority and the way they do it, is not acceptable: Humiliating, raising voices, aggressive and threatening. If they do it once they keep doing it as the boundaries have not be set properly.

These are the steps to take post incidents with people who put you down or harass you or raise voices and aggressive:

1. Straight after incident document verbatim what has happened including time and date.

2. Within 24 hours and when you are calm, take the person to one side in a room and not where others can hear

3. This is what you say: The incident yesterday where you said quote un quote, you made me feel inadequate and very uncomfortable. Your actions destroyed my confidence, something that is extremely fragile in women. I dont want you to ever do that again, do you understand me?

Once the accused has acknowledged and apologies. Say this is not going to be discussed ever again, this is between you and me. Lets move on. Confidentiality is critical as it rebuilds trust.

I promise you will never have another incident, with this person.

In that moment the lights came on and she said ” I own this, I can take control”. Absolutely you do! Never let anyone make you feel bad, people who do this are fundamentally insecure. There is no excuse for the behaviour, but you are responsible for setting the boundaries.

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Collaberation Influence Leadership Personal development Strategy

Its within our control to fix it

All to often we get caught up in why are management not fixing this! No matter where you are in an organisation you can influence an outcome. Everyday we are held back from success, but often the things that are holding us back are not clearly laid out, for others to understand or to solve or we dont see it as our responsibility to resolve. Living in hope that someone will find a solution.

Hope is not a strategy. What we walk pass is what we accept. So how do we address? Firstly understanding the problem we are trying to solve:

1. Problem statement.

2. Get a cross section of people together to discuss

3. Brainstorm solutions to the problem.

4. Agree on the best solution.

This is a far better approach than coming up with the solution when there is no recognition or understanding of the problem you are solving. The other benefit is the owner of the solution emerges. No matter how many times you go through the process the owner always emerges, as people naturally want to help and always want to be delivering outcomes that elevate pain.

An example: a team of account managers are dealing with many questions from their customers a day. Due to the newness of the business, many questions are being asked for the first time, and then again and again by different customers. The time management and CX is very poor, as the time it takes to deal with each request is not always straight forward. The problem statement ” How do we remove the burden of multiple questions from customers to Account Managers, increase the consistency and timeliness of responses, to free account managers up to focus on driving initiatives and enablement of their customers”

Because this problem statement is broad, having a cross section of staff across the business, enables solutions to be sought and the owner emerges.

STOP saying: thats not my teams issue, as it is because it impacts your team. The team that own the solution often are unaware of the issue or size of the issue, so framing the problem statement and finding solutions together is far more effective.

It’s within our control to fix it.

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Collaberation Influence Leadership Personal development Strategy

Why context is so important in delivering a message

My coach always reminded me “context equals meaning”. Without context you message is lost and we leave the audience confused.

Context is so important in conversation and in delivering a message. I observe it in others but rarely identify when I am not doing it! It struck me when seeing one of the leaders from our company talking about having the critical conversation the conversations we avoid, it was a great message to leaders, but it lacked authenticity and context as there was no personal story. 

From this I learned  what was missing from my presentations. When delivering the vision for my team for the year ahead at a recent kick off I used a story to describe a customer who has mortgaged their house to set up their business, the stress of a growing payroll and the responsibility of collecting enough cash to ensure all your staff get paid, they have a billing issue that drags on for 6 months and the stress of this large bill which is incorrect. The message: Take extra special care with your customers, get the wider team involved to resolve critical issues for the customer. The feedback from the team was incredible, they said no one has made them think about the customers perspective and what they are dealing with.

Key learning is always spend more time on the scene setting, background and why you want the audience to listen, all these give context to your message.

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Collaberation Influence Leadership

5 leadership skills you need to be on a Jury

Jury service is your civil duty and should be looked at, as an opportunity to grow and give back. I had the opportunity to be a juror in the district court on a criminal case.  The Jury did not know each others name, just a letter until the final verdict was given.

Here are 5 skills you will utilise:

  1. Active listening: Listening to others and understanding their insights, is an amazing experience. You all take away from a trial different aspects of the proceedings. How the jurors read into the situations presented, is as if you are all watching a different movie. Fascinating.
  2. Recognising bias: everyone has a bias that shows up in deliberation, its quite incredible, what you share when you are locked in a room for days on end.  You learn about the bias, as in most cases the juror called it out as it was based on a personal life experience. I learnt more about bias in 7 days than I have in my time in business. On reflection we can do more with our teams in business to understand biases and how they show up.  Met a leader of a business today, who told me all employees conduct a culture interview. Recently a 25 year old female interviewed a older male and  his comments were inappropriate, so the company did not hire and she had the support of the whole company.
  3. Questioning: Asking questions to draw out why someone has come to the conclusion they have, what they heard and how they interpreted the information.  Jurors shifted on the back of asking great questions that revealed information they had not considered.  A question that shifted jurors :what is the worst that can happen for a guilty or not guilty.
  4. Respect: We had a number of people with soft voices, that were uncomfortable projecting in the group. The support to ensure they were heard was phenomenal. At first they were drowned out, but soon everyone would stop when they spoke, thanking for their valuable input and encouraging more. On another note about respect, one day we were asked to get in early and three members turned in late, one apologised the other two not. I asked them to apologise to the team, as many had come over an hour to get here on time.
  5. Take your time to consider all the evidence.: Cannot consider evidence until you know all the evidence: Its tempting to start considering the evidence as you  hear it, but its not appropriate to consider any until you have heard it all.  In business we often jump to conclusions without knowing all the facts, human nature is resolve the problem, rather than get a deep understanding before acting.

Performing civil duties, develops us all as there are so many leanings.  I will look back on this time fondly as I came away a different person than the one that walked through the door. As a result of being a Juror have a huge respect for the legal system and police.

 

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Coaching Entrepreneurship Influence Intrepenuership Leadership Strategy

How do you construct and deliver strategy ?

Over the years I have experimented with the construction and delivery of strategy.  In the fast changing world we live in, we must always be prepared to revisit or evolve our strategies.

Here are the 6 steps to setting a strategy and delivering a strategy:

  1. Seek Feedback. Seek feedback from your peers, boss, Prospects, Customers and Suppliers: What do you need to focus on?  What is the CEO’s vision for the business in the years ahead? How are others responding to the vision?  Seek out their inputs into what you need to be focused on. What are the priorities by stakeholder? Where is the overlap?  Distil into 3 to 4 key areas. If you can note a couple of key activities required for each.
  2. Run a strategy session: Go to the widest audience possible to share the key areas and flush out the detail.  I sent a note to hundreds of employees across the business on the basis only 40% would turn up. That was true, but even better the spread across the business and the delight of being invited to participate was overwhelming. I was told I was mad to invite so many, but my strategy was validated with externals who knew the value of engagement early.  The input and energy in the room was incredible and my Strategic plan when I walked away, had been challenged in way not possible if you are limited to your immediate peers and team. The credit team had never been involved in this way before in building strategy and felt they could influence the direction and support what was happening.
  3. Develop plan on the page. You have now got enough on your 3-4 pillars of strategy to have a high level plan and what you expect to achieve.  This is not a final version, because has you navigate each pillar you will continue to learn and develop the strategy.
  4. Check in with stakeholders (peers, boss, Customers, Suppliers) Check in with the plan on the page, understand from them data points, potential risks, so that you go to the next stage which is putting the plan into action.  Continue to check in quarterly with stakeholders to ensure you are on the right track and also get feedback on progress.
  5. Monthly bulletin/ Webinar Once you are underway, you need to communicate, communicate communicate. How your team is progressing? What are the insights? What help you need?  Go far and wide, as people in large corporate are so removed from what is happening in other areas, they are keen to know and often keen to support.  Don’t limit your thinking, as the inputs and support can come from far and wide. Continually reference the 3-4 pillars. It helps people understand where the activity and insights fit into your strategy.  The structure helps everyone understand what your team is doing and how it fits into the overall plan.
  6. Your Team The most important part of delivering the strategy. Working closely on their plan how it aligns to the pillars of the strategy. Empower them to lead initiatives in the strategy, including evolving with peers. This is a great stretch for your team.

Remember no one expects you to have all the answers, the reason for sharing strategy far and wide is for it to be challenged and it to evolve into a highly successful vehicle for delivering a key strategy to the business.  Sharing as you learn with your wider audience takes everyone on the journey, easy to digest in small chunks of learning, as opposed to brain dump when you have worked on a pillar of strategy for over 6 months.

Being able to develop and delivery strategy to a business is a key leadership skill.

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Coaching Influence Strategy

Why I can’t get cut through on my strategy?

strategy4This is a question I am often asked by mentees . My answer today is very different to a few years ago.

When we are attached to an outcome our strategy, we are so focused on ourselves we don’t listen to others, we don’t hear the objections and therefore don’t address the concerns head on. Ignore objections at your peril, as these are the opportunities to engage and path the way to cut through.

Here are the 5 things you need to do to sell your ideas or strategy:

1. Connect with stakeholders, build trust. It’s not about you, it’s about them. Understand their drivers and needs before sharing your strategy. As Dale Carnegie wrote in how to win friends and influence people ‘first seek to understand before you are understood’.

2. Ask questions of stakeholders, present your thoughts on the strategy, draw out their concerns, what they like and what is not clear. Collaborate to evolve the strategy. No one person can come up with a strategy on their own, its always the culmination of many inputs, experiences and knowledge

Don’t present at a Fait Accompli

3. Address every objection. Ignore objections at your peril. Objections show an interest, but never move on, without enquiring, why are you asking this question? go deep, as the objection raised often masks the real concerns.

4. Challenge your own thinking. Attachment without being open to others views can be career limiting.  Thank others for their contribution and ensure you acknowledge individuals for their valuable input and evolution of the strategy

5. If you are unsuccessful, learn and move on. I mean move on, let it go, what did you discover along the way.  Journal or share your leanings .

Success takes patience and time.  Take others on the journey, collaborate, acknowledge inputs of others into the strategy.

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Coaching Collaberation Influence Laughter Leadership

Laughter the best tonic for stressful situations

I published this article last year, and given the Current crisis thought it would be a great reminder of why laughing is so important.

My team are great fun and they make me laugh daily with the challenges of working from home. We have a Online coffee catch up in the morning as a social check in.

Mondays conversation was about how is the Italians ran out of coffee first and the Australians toilet paper! It seems that many in my team are stockpiling Nescafé for when the coffee pods run out.

Tuesday the conversation turned to getting comfy with a chair and desk at home, so there was trips to office works and IKEA! Apparently some love building flat packed furniture. Ummm..

Wednesday the teams attention is now on the lack of steps one reported 66 in a day. One of the team chose to post a video of mini home workout, starting with a set of 5 press ups, etc. adding one on each day. Great video! Everyone very happy with wearing activewear. Started online meetings with some yoga stretches… Fun on video!

It is important that we laugh at ourselves and with others. Laughter will ease the stress and pain of this situation.

Here is the original blog on laughter is the best tonic for stressful situations.

As a teenager I was told off when telling a funny story about my auntie at the tea celebrating her life, post funeral. Everyone was laughing, then my mum pulled me aside and I was told it was inappropriate to laugh, I needed to be solemn as a mark of respect. My Auntie would have been laughing with me if she was alive and celebrating life is very important.

This learning about being more solemn did not just play out at the funeral, but in the school and the workplace. In the UK it was often frowned upon in business meetings to be laughing and having fun.

That belief stayed with me until 6 years ago when working with my business coach, Phil recommended a class with a comedian, on how to release tension by laughter. I had feedback that I am very serious at work and quite intense. We were told on the course that in the work place when their is stress that making a self deprecating joke or having fun, will release the stress and it does. Learning to have fun and laugh at work, makes the place a great place to be for everyone.

Just completed jury duty and we were able to laugh inspite of the stress of deciding a verdict. I am not sure how we would of got through without the laughter and fun, it relieved the tension and helped people not stress about the task at hand.

If you are reading this and you cannot remember the last time you laughed, its time to take stock and ask yourself what did you last laugh at? Who makes you laugh? Watch something that makes you laugh. If your beliefs are that it is inappropriate to laugh in certain situations then rethink that belief, as the relief from those around you will lead to greater collaboration and teamwork.

Laughter is a tonic and you need it like you need food and exercise. Let go of inhibitions and have some fun.

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Coaching Influence Leadership Personal development

Great Leaders ask Great questions John Maxwell

Just finished reading this amazing book. https://www.amazon.com/Good-Leaders-Ask-Great-Questions-ebook/dp/B00I829QJ8. Thought provoking and some sage advice on Leadership. John’s curiosity in others, inspires great questions. This is a must read for anyone looking to grow in their career or find telling is their default mode or fail to influence others. Great questions are the key to influence.

The highlight: the structure of each chapter, the great questions and answers were insprirational. The latter sections on succession, how much time to spend on leaders was particaully useful and validated many on my own thoughts.

Did not agree with the section on trust with a leader, that there is no going back. Great leaders forgive and hold no grudges. It’s never personal.

Forgiveness is critical to being a great leader, there are many times when I have almost given up on someone and seen them realise what they need to do to change the future. My experience is that great leaders believe in others and allow people the room to reflect and grow. Poor leaders, see this person is not performing its reflecting on the leader and take action to remove them. Self serving leaders have a short shelf life as staff turnover is inevitable. They are also seseptable to yes men that never deliver results, because their is no diversity of thought.