Leadership at Risk

Fail Well for Success

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You’ve often heard the phrase, “Failure is not an option.” The truth is failure does happen and it does happen often. Particularly to people that who take risks, people that focus on expanding their opportunities, implementing bigger ideas, and following their own paths, not paths designed by others.

We’ve all done our best to avoid failure or minimize it – yet, it shows up over and over. Our inability or unwillingness to address these life lessons makes it harder for us to succeed. Every achievement has a story of what didn’t work behind it – unfortunately, media doesn’t often share those struggles and what was learned during the process.

As business leaders, it’s important to learn how to handle mistakes and learn from them. Trying to cover them up, deny they happened, blame others, or allow our confidence to wane are not good choices. There’s no magical way to deal with or get past failure. Each person needs to work through their challenges one day at a time.

Why do failures hang around? There are failures that simply happen (e.g., the economy) and failures we could have prevented (e.g., implementing quality control procedures). We’ve created stories to minimize their impact or excuses to justify why they happened. Emotionally we hang onto the sadness, guilt and negativity, while failing to forgive ourselves and forgive others. Often, we continue to indulge in bad habits or stay in situations that are not healthy. The key is to recognize a potential problem and resolve it proactively.

How can we learn from failure faster? Hire a trusted advisor who can help you clarify what worked and what didn’t work. Take time to acknowledge that things didn’t work out as expected. Many times the actual outcome does not match up with our perceptions of “what should have happened.”

How do we fail well for success?

  • Write down your thoughts and feelings when the incident(s) happens. Don’t share your private journal with anyone. The act of writing can be cathartic when you simply express your thoughts on paper without concerns for grammar, punctuation, and word choices.
  • Walk it out. It’s hard to be depressed when you’re in action.
  • Talk it out with a few select confidants – don’t go it alone. Be clear these conversations are not designed as pity sessions. Their purpose is to help you develop compassion and wisdom from your lesson(s) learned.Remember, there will be more opportunities to fail and succeed – life gives you lemons or lemonade – it’s your choice to work through the challenges or succumb when mistakes happen! The key is to fail well so that you’re not repeating the same life lessons.

 

Jeannette Seibly has been a business advisor and facilitator for over 20 years; she guides the creation of new solutions for business challenges. Learn more about these and other successful leadership techniques by visiting her blogs posts on: http://SeibCo.com and get your copy of, “5 Simple Steps to Improve Your Results (and Enjoy Being a Leader Again)” http://ow.ly/ysgYQ

Drama keeps you focused …

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… on the wrong things!  We create these distractions or ongoing noise to keep us from doing what we say we want to do, and we allow these circumstances to stymie us.  It’s safer to stay comfortable. We know what to expect. Taking that leap of faith can be scary—but the inherent benefits are that the effort builds confidence, competence, and clarity. Hire a business advisor or executive coach, and be prepared to soar.

(c)Jeannette L. Seibly, 2013

How has “drama” kept you from doing what you needed to do?

Get Unstuck

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When you are stuck or simply procrastinating, being overly focused on your inner psyche to justify the reasons why will keep you from doing what you need to do. It takes as much time, or more, to create excuses than to simply do the work! Become responsible for your own motivation instead of blaming your boss or employees for being uninspired.  To rejuvenate a project, uncover the source of an issue, or resolve an employee concern, use the steps in the eGuide “5 Simple Steps to Improve Your Results!”  https://seibco.com/coaching-report/ The mark of a true leader is doing what needs to be done in an effective manner, regardless of how you feel about wanting to do it. 

(c)Jeannette L. Seibly, 2013 

Do you know when to trust the data or your instincts?

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Successful leaders have to grapple with this dilemma often. They believe their intuition is telling them what the true answer is. Or, they want to trust the numbers. However, intuition can be wrong and 100 percent reliance on data can send you down the wrong path too. Developing a strong business balance between statistics and your sixth sense takes experience, time, and practice. As business owners and executives know, making the wrong decisions can cost the company more than money. It can also cost their reputation, clients, and top talent.

What do you do when you don’t trust the data? Trust the process. For example: When you hire a person based upon your gut reaction, even when the facts disagree, you didn’t trust your selection system. The truth is, failure to pay attention to good objective information will negatively impact your decisions.

Better questions to ask yourself: Do you know how to correctly use qualified hiring tools and follow a strategic selection process? (BizSavvyHire.com)  Do you have an unconscious habit of hiring and firing until you find the right person? (Hint: Honestly look at your turnover numbers.) Asking these types of questions can help you determine the underlying (aka real) reason you may not trust the data. 

Which one do you trust when your data or intuition is contrary to others’ opinions? Trust yourself and be open to being right and wrong. For example, many times when a company is experiencing difficulty achieving results, it’s because a controlling leader or dominating team member made erroneous judgments based heavily on facts or feelings. Learn to ask good business questions and listen to people’s responses. Being open to changing your mind doesn’t mean you have to. However, being adamant that you are right is usually a sign of impending disaster.

Strong leaders trust themselves and know how to develop win-win outcomes by working with and through others. They are prepared for the downside of any decision. They use their results as dashboards to develop trust in themselves and others when making balanced factual and intuitive decisions.

©Jeannette L. Seibly, 2013

Money conversations

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Having fear-based beliefs that you can’t afford something important can create a lot of mischief in your enterprise. Although budgets, monetary controls, and other financial considerations must be handled in a fiscally responsible manner, doing so in a Scrooge-like way usually takes its toll on the company–particularly when it’s self-serving.

Teach yourself and others to become resourceful, honor budgets, and learn how to become fiscally responsible. Many employees have not had responsibilities in costing, pricing, or creating profit margins for products and/or services in a competitive manner. Don’t make it difficult to achieve intended results; simply be responsible for the financial outcomes of how and where you spend the company’s money.

(c)Jeannette L. Seibly, 2013

Are You a Moody Leader?

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  • Do you thrive on drama?
  • Do people calculate your approachability before talking to you?
  • Do you gossip about your employees or clients?
  • Do others consider you untrustworthy?
  • Do you make decisions based upon your feelings at the moment?

Leaders set examples for the rest of the organization to follow. If you lack consistency in how you communicate, disrespect others in word or deed, or don’t trust others to do their best, employees respond accordingly. If you react (or over-react) before getting the facts, they may be afraid to speak up for fear of retribution. You create more of an issue.

If others are concerned about your effectiveness as a good leader, they will withhold valuable information. In these situations, often your employees’ focus is not on the organization’s goals. They are focused instead on how to work around your moodiness and still keep their jobs.

As a leader, immediate help is required to reaffirm your leadership position and move the enterprise forward. What can you do to resolve this?

Hire a business advisor. Being coachable is critical to anyone’s success, particularly top management. It can be lonely at the top; too often leaders don’t have someone else to talk with and their job can feel like a burden. Talk weekly with a business advisor. Focus on less dramatic ways to handle issues and have the benefit of consistent clarity to guide your organization forward.

Communicate effectively.  #1 concern for any leader! Be prepared to listen more than talk. Learn to ask the right questions. Be open to news you may not like, or new ideas you had not considered. Stop the internal chatterbox ; it inhibits your ability to actually hear what others are saying. When you need to deliver unpopular news or decisions, first think through what you need to say. Write it out. Read it out loud in the mirror. Keep it short, not long-winded.

Stop “should-ing.” Too often we believe people should have known or shouldn’t have said something. We forget the mistakes we’ve made ourselves over the years! A good rule of thumb: When someone does something great, let them know. When they make a mistake, take time to discuss it as soon as possible, one-on-one. When performance concerns are addressed in a consistent and respectful manner, it provides clarity about your expectations. Your employees will usually make the corrections required. If you scream at them, even once, it can damage your long term effectiveness.

©Jeannette L. Seibly, 2012

Accountability Elephants

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A company wanted to terminate an employee who was not achieving results. She had a multitude of excuses, blamed her boss for his lack of support and refused to be held accountable for her employees’ actions. When the boss had had enough, the HR Director stressed, “Her employees won’t be happy. She is well liked.” The reality? Many of her employees were happy to see her go since they already realized she was the bottleneck for not getting things done, poor decisions being made and low morale.

Laissez-faire leadership has been creating a devastating impact on companies worldwide, according to Herman Trend Alert, August 22, 2012. Many business professionals are not holding themselves accountable for their results or their employees’.  They blame increasingly complex business environments, workloads and lack of financial and other resources. To complicate these concerns, many leaders have become more concerned about being liked, holding onto their power of control, not rocking the boat or micromanaging to the point of exhaustion.

Delegation. Work-life balance is something we strive to achieve. We blame our employers for our failure to achieve this ideal. The truism is there are time periods when personal concerns (e.g., health, family, and home) will take precedence in your life. There are other times when your professional considerations require stronger attention. Be proactive. Learn to manage these inevitable transitions by requesting help (at home and work).  Stop waiting for the perfect time to cross train. Do it now before the need arises. Learn to trust others to make decisions appropriate for their experience and abilities to alleviate bottlenecks before they start.

Build on strengths. When you are in a job that aligns with your strengths, work life becomes easier to manage. The same is true for your employees. Learn how to hire people who fit their work, and how to manage them accordingly. Hold your employees accountable for results, sales quotas and other objectively set metrics. If employees are unable to meet these measures, it may be time to review their fit with the job. A good person in the wrong job can inhibit her/his own ability to accomplish normal tasks with ease, and issues seem to get muddled and, never resolved. Take the time and spend the money to hire the right people. Learn how to create a work flow that recognizes a person’s strengths.

Handle the Elephants. Most people love to put off until tomorrow what isn’t urgent today. Unfortunately, this growing stockpile doesn’t deplete naturally and unaddressed issues actually grow exponentially.  Hold yourself accountable by enlisting the help of your business advisor as an objective sounding board. Determine effective resolutions for both potential and long-term elephants. You may be pleased to find some can simply be crossed off your list!

Need immediate help to transform your leaders into fearless, effective, no-nonsense contributors? Contact your business advisor today to transform your business! JLSeibly@SeibCo.com

Want to be leader of excellence?

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Many business professionals have the goal of becoming leaders of a team, company or industry. Yet, many fall short. They fail to develop the key characteristics so crucial to giving them and their company the competitive “edge factor” required for excellence.

Great leaders inspire.

They are visionaries. Often strong employees and managers focus too narrowly on their own little sphere. They fear political corporate pushback. They hope someone else risks making the changes required for the company to become successful. As a result of this paralysis, they fail to create the opportunities, systems and attitudes necessary to generate a positive ROI. Visionaries, however, are fearless and know that if someone isn’t listening, they can find someone else to support their efforts.

They believe there isn’t a problem that can’t be resolved. Leaders have a mindset that recognizes problems and obstacles, but do not allow themselves to be limited by them. They formulate ideas and know how to enroll others into devising solutions to “make the results happen.”

They are driven to excel. While many companies rely upon incremental steps to achieve goals, great leaders look beyond 100% success. They create goals to achieve what may initially seem impossible. They hire the right business advisors, coaches and trainers to support their people to succeed.

©Jeannette L. Seibly, 2012

Not Producing Intended Results?

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Leaders often are perplexed when a project or plan is not working. Everyone wants to change the goal. The plan was created to achieve a specific goal; changing the goal is a strange way to produce those intended results! A compelling goal that is well-crafted requires commitment, focused actions and the right people. Too often the success of any team effort is contingent upon the leader’s people, project and profitability skills. Leaders often derail a team by failing to include others, building upon their ideas and staying focused on the ultimate goal of a profitable venture.

Difference of opinions. Many groups crash when they don’t take the time to effectively work through differences of opinions. Team members must be heard; otherwise, they can become trouble-makers! Productive discussions, sometimes seen as confrontational, are required to build better outcomes, uncover overlooked problems and build agreement.  Team leaders and members need to provide on-the-spot training to show others how to use persuasive listening skills to encourage everyone’s contributions.

Doomsday conspiracy. When people on a team are not committed to the plan designed to achieve the goal, or the goal itself, the project will fail, for either reason. A conspiracy of nay-sayers will evolve to rationalize their point of view when leaders don’t listen. Every member of the team has the responsibility for ensuring others’ concerns are addressed.  Many people view change as difficult, not necessary or are fearful of an unknown outcome. As the leader, it’s your role to facilitate actions and conversations to support the intended results, while positively impacting the bottom line, client relationships and a positive workplace.

What’s in it for me? Employees today want to know what’s in it for them. It’s important to provide insight into how their contributions are part of the solution. Start by sharing the situation or problem needing to be resolved, along with the proposed goal and plans to achieve the goal. If it impacts their potential bonuses and/or paychecks, share this in a positive manner. Honesty is key.  If they are not readily agreeable with the goal or project, they may be hearing it for the first time and need additional time to process it. Remember, you’ve been thinking about it for hours, days, or months!

©Jeannette Seibly, 2012

Your Career as a Leader is at Risk!

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“About 40% of executives who change jobs or get promoted fail in the first 18 months.” New Job? Get a Head Start Now, February 17, 2012, Fortune, written by Anne Fisher

 

More than ever, great leadership skills are required of executives, in both the private sector as business owners and in the C-suite of large public corporations. Failure to acquire these skills is a critical error. You can’t force others to become loyal and trusting followers. If you have no one to lead you’ll get fired!  It takes concerted effort on your part, each and every day, to balance the requirements of your company’s needs while supporting your employees abilities to thrive. You’re only as great as your employees’ results!

Stay Ahead. Today, companies are promoting record numbers of people who lack the required management skills or essential interest in being the boss. Not surprisingly, many executives are fired because they are unable to effectively lead their teams and deliver the results. Regardless of the leader’s level of expertise, create a 30-60-90-180 day plan with specific results, projects and training required. Consider including one community involvement activity or on-site customer visit. Keep it simple in design to ensure time to practice and learn.

Clear Focus. Employees readily accept advancement into leadership roles due to better title, corner office and compensation. If it’s solely for the power trip, the “me” focus is a serious problem that leads to failure! A strong leader takes care of her/his people by first being committed to the organization in thought and action. They are more committed to everyone getting a paycheck, than just getting their own!

Be Resourceful. Too often you hear a common complaint, “I don’t have what I need to get the job done.” “I don’t have the budget to do what I want to do.” These are excuses that get in the way of being successful. Learn to ask the right questions of others, and implement ideas appropriately. Some of our most treasured successes began with the innovation born from not having enough (obvious) resources!

Cultivate Trust. If no one trusts you, they may still follow your lead; albeit very reluctantly. They may unconsciously sabotage your efforts and nitpick your manner. Building trust takes time. Work with your business advisor to develop true confidence in yourself and your decision making skills. Then, develop a plan to resolve the previously created issues with your employees. (Visit: SeibCo.com)

Strength/Weakness. Every strength has a potential weakness. Likewise, every weakness has a positive strength. Take a qualified assessment to learn how to navigate these paradoxes with your business advisor. Also, participate in a qualified 360-degree assessment to fine-you’re your effectiveness (See: SmartHiringMadeEasy.com)

Invest in Self.  Many times we falsely believe we’ve reached the pinnacle of our success and have nothing new to learn! Strong leaders engage in ongoing education and remain open to improvement. Strong leaders hire business advisors to help with strategic building of their companies and handling nuances inherent in tactical implementation. These same leaders participate in technical training to better appreciate the challenges their employees may have. New awareness brings about new opportunities. You’re never too old to learn something new; you’ll never be too smart with nothing new to learn!

©Jeannette Seibly, 2012