Archive for the ‘Leadership’ category

You can be efficient with things but you can only be effective with people

May 2, 2010

I really love my clients…they are all so eclectic and so varied. They have a unique way of thinking and my role as their guide is always interesting, stimulating and challenging.

This past week presented an unusual opportunity and I wanted to share it with you. It reminded me of one of my favorite management aphorisms — “You can be efficient with things but you can only be effective with people.”

This particular CEO is remarkably gifted. He can see both the vision of where he wishes to go and he knows the steps he must take to get there. When someone is this gifted, he or she tends to move faster than those around him. This particular leader is busy – no make that very busy. He’s always onto the next plan and how to lead the team there. Fortunately, he builds his team with equally fast thinkers and implementers so he is very effective in producing results.

But when he does demos of his products, he speeds through them. You can almost sense a palpable catching of the breath on the other side of the web ex or go to meeting demo as his audience tries to keep up. And frankly they can’t…which brings us to today’s aphorism.

Efficiency is about time, effectiveness is about getting the result that you want.

You can speed up equipment, you can accelerate a process but no matter what you try, people will ALWAYS learn at their own pace. Understanding this human element is critical to being effective whether it be in presentation, motivation, education or just plain-old discussion…and it certainly applies to every relationship that is worth building.

“You can be efficient with things but you can only be effective with people.”

How NOT to Apologize

January 14, 2010

Earlier this week, Mark McGwire “came clean” on his use of steroids. Among the analyses that I read, one noted how major league baseball was getting quite good at learning how to apologize. It’s even become somewhat of a formula.

First, you issue a press release. Then you arrange a sitdown interview with a favorably inclined organization such as MLB Network – although you should have an accomplish journalist interview you. After that, make yourself available to some media outlets to answer questions. When that is all complete, have a couple of interested parties laud you for stepping forwrad. Presto! You’re done and everyone will allow you to move on with your life.

Only problem — the public is not responding favorably at all — which leads us to thinking about why this is so.

A closer examination of McGwire’s apology statement offers some lessons for all of us in how to apologize.

  1. “Now that I have become the hitting coach for the St. Louis Cardinals, I have the chance to do something that I wish I was able to do five years ago.” Apologize because it is the right thing to do not because you are afraid of the consequences. Try not to make your apology self serving. Sincerity and motivation are important.
  2. Looking back, I wish I had never played during the steroid era.” Got it…shame on the era for forcing me to take steroids. Take responsibility.
  3. “During the mid-90s, I went on the DL seven times and missed 228 games over five years. Don’t load up your apology with statistics. It makes it look like the statement was written by a third party and not you.
  4. I experienced a lot of injuries, including a rib cage strain, a torn left heel muscle, a stress fracture of the left heel, and a torn right heel muscle. It was definitely a miserable bunch of years and I told myself that steroids could help me recover faster. I thought they would help me heal and prevent injuries too.” Alot of other players were hurt and they chose to stay within the rules. Eliminate the rationalization. Don’t make excuses.
  5. I’m sure people will wonder if I could have hit all those home runs had I never taken steroids. I had good years when I didn’t take any and I had bad years when I didn’t take any. I had good years when I took steroids and I had bad years when I took steroids.” Still, Mark, everyone seems to think that steroids makes players better hitters. Don’t minimize or ignore the impact of your transgression.
  6. “Baseball is really different now – it’s been cleaned up. The Commissioner and the Players Association implemented testing and they cracked down, and I’m glad they did.” Hard to tell if you are glad they cleaned it up or glad that they waited until you left the game. Don’t kiss up.

Here’s perhaps a more effective apology built on acknowledging, apologizing and doing something constructive about it.

I cheated. I let you down. I was wrong. I’m really sorry.

And here’s what I’m going to do about it. I’m going to speak to high school and college kids and pour my own money into getting kids to know cheating is wrong and steroids are dangerous.

It’s the least I can do…and I’m open to any other suggestions you might have as to how I can make amends for what I have done.

Now that would be an apology…


Trends that You Should Worry About…

January 1, 2010

Lately, I have been “heads down” more than ever working with companies on redefining their strategies. In these conversations, I am often asked what surprises me the most. Here are a few observations.

The biggest surprise to me has been the pace at which whole industries have begun to disappear. As fast as one charts the list, another one needs to be added. The postal service, newspaper and magazine publishing, television, and retail stores are just a few.

Last week, I went into a high end department store to buy a present for a newly engaged couple. I went to the registry and met with the manager. She told me that 80% of the gifts for a couple is now purchased on line. This is good news for the retailer because it can pay less commission, as there is no sales rep involved in the purchasing transaction.

What was shocking to me was that manager told me that when an item is returned to the store, it gets applied as a negative sale to her commission. She is running harder just to stay in place. And the store is comfortable making her role obsolete.

Another recent trend that I find fascinating is the increasing need to create engines as opposed to creating businesses. Zappos is a great illustration of this process done well.

Zappos had become an Internet business legend, so to speak, for its ability to sell footwear. Its use of social media to promote and service its business is very well known.

In July, Amazon announced its intention to purchase Zappos. The deal closed in November.

Today, less than two months later, Zappos has transformed itself into a clothing site. The engine that it has designed and the practices that it has implemented are being used to allow it to enter a whole other segment of the clothing industry.

What does all this mean to you?

For starters, if you have been doing business in a traditional way, start rethinking your business model because your next competitor can come from anywhere.

The Real Risk in Risk Management

November 25, 2009

It’s not uncommon to find businesses all over this country talking about the impact the current economic environment is having on their operations.

Just yesterday, I was speaking with my good friend, John Fodera. John is a partner in Eisner, LLP’s audit and risk management services group. He spends his days discovering how to reduce risk and streamline operations, while making sure that his clients remain compliant with regulations a diverse as labor law to SEC requirements. Not surprisingly, he hears about the impact of the recession all of the time.

As our discussion progressed, it became apparent that John brings some fresh thinking to these conversations. One of the thoughts that we shared is that cutting staff is not always the best way to deal with a slowdown in business.

John explained that the “knee-jerk” reaction is always to reduce costs and sometimes this is truly appropriate. But, like any other challenge, there are always opportunities.

When companies are concerned about business, they are more apt to rethink the way that they approach the marketplace. Leadership will also find that staff will be more open to trying new approaches. This is typical when the risk of remaining with the status quo exceeds the risk of trying new things.

Reaching out to existing customers and discovering and sometimes re-discovering what is valued in one’s offerings – and what isn’t – can change what is being sold and how it is being presented to other potential clients.

When something is not valued, often, the cost associated with adding and delivering that capability can be stripped out. Suddenly, the product may actually be more valuable because a level of complexity is removed and the cost associated with developing, selling, delivering it and training others has been reduced. Out of such discussions, many competitive advantages and opportunities are born.

And in an age where technology is changing as rapidly as it is, an economic downturn can provide the impetus to create new ways to produce meaningful value.

As John would probably tell you, the real risk is when you are not rethinking your business.  But don’t take his word for it.

Just ask the people running the newspaper industry and the postal service.

In us we trust?

October 14, 2009

From time to time, the world sends us reminders about a value or function that we need to master or at least address better. Lately, I’ve noticed a single word keeps surfacing – trust.

Patrick Lencioni, author of The Five Dysfunctions of a Team, says that trust is the foundation of teamwork. Without trust and vulnerability, one cannot have a candid conversation. And without a candid conversation there can be no conflict, which would lead to understanding each other’s perspectives and ultimately creating commitment, accountability and results.

Healthy organizations have a culture of trust. There, trust means the ability to also believe that one can count on one another and that we each share a common purpose.

Isn’t the whole healthcare debate in Washington really about a lack of trust in the numbers, positions and beliefs of our leaders?

And a fundamental reason regional peace talks fail between countries is often because neither party trusts the other.

If we wish to rebuild our country, industries, school systems, and families, perhaps it is time to revisit this fundamental underpinning.

Contextualizing Who We Are…

October 9, 2009

Recently, I returned from a trade show. While on the floor of the exhibit hall, I listened intently as people walked up to those staffing the booths and asked about their products. Many of those people did not bother to introduce themselves – rather they asked general questions with the intention to learn about the product being promoted.

Almost to a person, these people did not volunteer any information about themselves. On one level, I can get it. After all, who wants a salesperson calling you and disturbing your day?

Here’s the argument though for rethinking that position…

If you’re stopping by a booth, chances are there is a reason. You want to compare a product to something that you are using. You have a unique need or challenge or opportunity and you wish to see if the product can address it. Or you simply wish to discover if something is possible.

If you contextualize who you are, and by that I mean you paint the details of what your company does, who you are and the role that you play, why you are at the booth and what you hope to address or learn, you allow the salesperson to leverage their expertise and help you determine very quickly if your unique need can be met.

And you can still always decline to move forward with the conversation after you have learned more.

What this all comes down to is trust – and part of this is about trusting yourself to have a real meaningful conversation. If you are willing to share and discuss and engage, you open yourself to the possibility that the other person can help you. And you learn whether the solution fits or what is even possible.

We already know all that we know. It’s usually the other person’s knowledge that is the most useful.