Just as your car runs more smoothly and requires less energy to go faster and farther when the wheels are in perfect alignment, you perform better when your thoughts, feelings, emotions, goals, and values are in balance." — Brian Tracy, American motivational speaker and writer. In 2001, energy company Enron self-destructed in a scandal that still amazes those of us who witnessed it. Despite the core values literally carved into the façade of its Houston headquarters—Respect, Integrity, Communication and Excellence—top executives completely lost track of their company's official Mission and Vision. Instead, they focused on feathering their own nests and defrauding stakeholders to the tune of billions of dollars. As a leader, you can't allow anything like that to happen on your watch. … [Read more...]
Reasons for Optimism: The Results of the 2012 American Time Use Survey
"There are three kinds of lies: lies, damned lies, and statistics." -- Mark Twain, American author, who attributed it to British Prime Minister Benjamin Disraeli. "I'm a greater believer in luck, and I find the harder I work, the more I have of it." -- Coleman Cox, American inspirational author. For the past several years, I've reviewed and written about the annual American Time Use Study conducted by the U.S. Bureau of Labor Statistics (BLS). While the data can be a bit confusing, it offers an intriguing snapshot of how we use our time. This past June 20, the BLS released its 2012 edition, covering everything from hours spent working and sleeping, to how long we watch TV and play video games. One thing to keep in mind as you read this post (and especially as you data-mine the study … [Read more...]
Stop Thinking and Start Acting: Seven Tips for Making Executive Decisions
There's an image making the rounds on the Internet titled "Executive Decision Making System." It shows a picture of both faces of a penny, heads labeled "Yes" and tails labeled "No." From an outside perspective, that may seem hilariously true—and as a leader yourself, you've probably run into cases where you'd prefer to just flip a coin to settle something, rather than wade through all the pros and cons. You may even have done it once or twice. And don't you feel better after having made a decision? Most of us do. Rita Mae Brown, an American activist and novelist, once said “A peacefulness follows any decision, even the wrong one.” She was certainly no stranger to high-level decision making. Though the world mostly knows her as a writer of cozy mysteries, Brown is an ardent civil … [Read more...]
Dangerous Ideas: Achieving Success Through Innovation
One of the many things the late Peter Drucker taught us was that only two things really make a business money: marketing and innovation. Everything else is an expense. Some people would add a few other profit-makers to the list, but few would deny marketing or innovation their places. At least, not publicly. But what about privately, or at least subconsciously? That's another matter. Many of us just don't want to deal with innovation, because it's too much trouble. New ideas push you out of your comfort zone, requiring you to scramble, to work harder, and to think more. For those of us already overstressed by a challenging work environment, that's asking a lot. Oscar Wilde, an Irish playwright and poet, said, “An idea that is not dangerous is unworthy of being called an idea at all.” … [Read more...]
Squeaky Wheels: Troublemakers or Drivers of Change?
"The squeaky wheel doesn't always get greased; sometimes it gets replaced." -- John Peers, American humor writer. We've all heard the old adage that goes, "The squeaky wheel gets the grease." It seems to make imminent sense: he who makes the most noise gets the most attention. This works well when it comes to customer service, which is why the bravest among us have long made our voices heard when it comes to getting special deals and better treatment. You've probably seen squeaky wheels in action in the workplace, too. Often, those willing to step forward and ask for what they want—or simply to complain—get the lion's share of attention from the leadership. Indeed, no organization can grow without innovators willing to ask for what they need and stand up for what they believe in. As a … [Read more...]
Changing Direction: How to Keep Cultural Inertia from Limiting Productivity
"The reason men oppose progress is not that they hate progress, but that they love inertia." Elbert Hubbard, American writer and philosopher. "Life leaps like a geyser for those who drill through the rock of inertia." -- Alexis Carrel, Nobel Prize winning French biologist and surgeon. Dictionaries define "inertia" as a tendency to resist change. In physical terms, a body in motion tends to stay in motion in a straight line, while a body at rest tends to stay at rest. But other types of inertia exist, and cultural inertia represents the one that applies to most of us most often. You probably know all you care to about bureaucratic inertia, for example. Once a bureaucracy makes a rule, woe to the individual who tries to buck it. Similarly, some corporate cultures resist change, often to … [Read more...]
Letting Go: When Should You Cancel a Failing Project?
"When things go wrong, don't go with them." -- Elvis Presley, American singer. "Don't throw good money after bad." -- American folk saying. As much as it goes against the grain for most of us, sometimes the most productive thing a manager can do is give up on a project. Now, I'm not suggesting you throw in the towel as soon as the going gets a little tough; productive people never give up without a fight. But there may come a time when you hit a point of diminishing returns, when investing further resources in the product would just be wasteful. Remember Microsoft Bob, or Gerber's attempt to create adult entrees? Both companies wisely dropped those products when they flopped. Little Clues As a manager, canceling failing projects may be one of your most important secondary … [Read more...]
The Snowball Analogy: How to Make Your Organization Lighter and More Agile
"Good business leaders create a vision, articulate the vision, passionately own the vision, and relentlessly drive it to completion." -- Jack Welch, former CEO of General Electric. "Efficiency is doing better what is already being done." -- Peter F. Drucker, Austrian-American management guru. Back when I was a kid, a big winter storm hit my hometown, delivering perfect snowman material—so naturally, my brother and I decided to build a huge one. We started with a very large base; easy enough. The real challenge was the next snowball up...it was just too heavy for us to lift. Luckily, my brother was a budding engineer. Using our Red Flyer wagon as a fulcrum and a 2 x 8 board as a lever, he lifted the middle snowball onto the base while I guided it. After that, finishing was easy! In a … [Read more...]
Crises and Firefighting: How to Avoid Managing by Exception
"Excellence is not an exception, it is a prevailing attitude." -- Colin Powell, former four-star general and U.S. Secretary of State. In recent years, I've observed the increasing popularity of "management by exception" in business. This concept basically boils down to leaders making decisions and assessing performance based on significant deviations from a project's goals, while otherwise ignoring its daily execution. Leaders who practice it don't want to be bothered unless something goes seriously wrong. But there’s a difference being agile and being disengaged. Given the nature of business today, this comes as no surprise. First of all, fewer managers juggling more projects means they can spend less time on traditional management, even as they face demands for higher productivity. New … [Read more...]
All the Way Around: Tips for a Quick 360 Review
"Twice and thrice over, as they say, good it is to repeat and review what is good." -- Plato, ancient Greek philosopher. We've all undergone job performance reviews. Ideally, you experience them at least once a year—hopefully more often if your organization keeps a tighter rein on strategic alignment. As a manager, you've probably conducted any number of them on your own employees. Until a few years ago, such evaluations went in one direction only: downward. All criticisms, praise, and suggestions came from leadership to team members. In recent years, however, the workplace has begin to evolve away from the "Me Boss, You Not" attitude. Professional work has become more of a collaborative affair. Many managers lead by consensus and example, rather than by handing down edicts from senior … [Read more...]