Working with difficult people

Turn mistakes into profits

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When working on large projects or implementing new ideas, mistakes will happen.  It’s how we handle them that will move the process forward, or have everyone CYA their work for fear of retribution by the team leader, or boss.

 1)     Plan on mistakes happening. It’s how you handle them that will make the difference for the current and future success of the project, and your continued growth as a leader.  Praise publicly; counsel privately.

2)     View your people as experts and able to work out differences; it’s not your job to fix any personality quirks.  Resist micromanagement; yet, be willing and able to step in when it’s critical (this should be a rare occurrence).

3)     Stay focused on the goals while managing the milestones.  Remember, the failure of a project normally occurs when the team did not create true goals, weak milestones were established, busy work is deemed a result, and details are overlooked or not considered important.

(c)Jeannette Seibly, 2010

Performance Evaluation Reminders Worth Repeating

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In order for a company to succeed as a whole, its managers need to help their individual employees succeed by effectively managing their performance. All managers can benefit from these reminders.

Managers’ Attitude Matters

“The attitude of managers is critical,” said Jeannette Seibly, Human Perfor­mance Coach and Consultant, SeibCo, LLC (Highlands Ranch, CO). “Managers must have a mindset for the employee to win.”

The goal is to evaluate the employee’s performance, not attack their character; to build the employee up, not tear them down. This shouldn’t be a “gotcha” kind of meeting, said Seibly. Nothing in the assessment should come as a surprise to employees.

Seibly also noted that too many managers go into evaluations frustrated because they do not know what needs to be done to fix a performance deficiency. This “frustration will come across more than anything else” during the evalu­ation, she warned. She suggested that the manager should “ask a boss or ask a mentor” for guidance.

Communication Skills Are Key

Whether having an informal performance coaching conversation or conduct­ing a formal annual performance appraisal (PA), managers should be reminded of these best communication practices.

Be specific. Sweeping generalizations can too easily be misinterpreted or misunderstood. Employees need to know exactly what they must stop doing or what they should continue to do.

Support the assessment with evidence. Evidence doesn’t necessarily have to be tangible (e.g., a letter of praise from a customer); the manager’s visual observation of an example of stellar or substandard performance can suffice.

Written PAs should include narrative comments to support ratings/rankings. Copying comments from the employee’s previous reviews or only changing a few words here and there isn’t acceptable.

Set goals. Focus on improving or sustaining performance in the future, rather than dwelling on past mistakes. Negative feedback should include steps for improvement.

Take protected class and protected leave out of the picture. Watch for signs of illegal discrimination. For example, age shouldn’t be noted as the reason for an employee’s inability to learn new technology, just as leave taken under the Family and Medical Leave Act shouldn’t be used as evidence of an attendance problem.

Talk with employees, not at them. Some managers try to come across as more authoritative than necessary in order to be taken seriously. More times than not, however, this will backfire and put employees on the defensive. Use the following approach.

Do use a collaborative tone. Instead of telling the employee they should do this and they should do that, ask for their input on how to improve or maintain performance. You want “a two-way conversation,” said Seibly.

Employees should be allowed to explain their actions and question the assessment, within reason. It’s good to know what’s on the employee’s mind; if the employee’s thinking is flawed or the manager has misunderstood, this is the time to clear the air.

Don’t sweep any awkwardness under the rug. For example, a recently promoted manager may have difficulty criticizing a friend and former peer. The manager should acknowledge this awkwardness and stress that the meeting is professional and not personal.

Do use the sandwich approach. Seibly recommends saying two positive things, followed by two changes the employee needs to make (make them doable!), and then end by making two more positive points. This approach is “so much more positive and powerful than anything else you can do,” said Seibly, who cautioned against listing more than two changes at once for fear of overwhelming the employee.

Don’t apologize for negative feedback because doing so gives the impression that the assessment is inaccurate.

Reprinted with permission from Personnel Legal Alert, © Alexander Hamilton Institute, Inc., 70 Hilltop Road, Ramsey, NJ 07446.  For more information, please call 800-879-2441 or visit www.legalworkplace.com.

Rewire your reactions to your boss

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Bosses are human too, or so they (like us) often forget. Many employees have good, or at least tolerable bosses that listen to employee ideas.  It’s particularly difficult to get your ideas and points across when you have a bad boss.  If you have this challenge, consider whether it could be your attitude or behavior that’s the cause:

1)     Before a conversation with your boss, practice in front of a mirror; pay particular attention to your facial expressions.  Tape record what you wish to say, and listen to the words you choose. Some words can cause an emotional reaction before your idea is fully presented.

2)     Listen to learn.  Most people are reactionary.  Someone says “x” and we’re off talking about “y” before the person has had a chance to complete their first sentence.  Listen carefully to what they have to say.  Pause and count to three before responding, after they’ve completed talking.

3)     Stick to the facts. We can become emotionally charged on certain issues.  Before your meeting or presentation to your boss, research the facts, so that you have objective points.  Be able to provide possible solutions and be open to considering new options you hadn’t considered.

(c)Jeannette Seibly 2010

Has it been a while since you’ve hired?

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The economy is improving, and your need to hire people that fit your job will increase.  Traditional methods of hiring do not work, and have become costly in more ways than you can calculate.  Now is the time to improve your hiring system, before you need to hire.

1)     Get real about the cost of turnover.  Calculate it!  Write it down!  This information will be critical in determining what you need to do.

2)     Use valid pre-hire assessments that meet legal requirements.  This includes core value assessments (interviewers will catch a lie only about 14% of the time) and job fit assessments, to assess thinking style, core behaviors and occupational motivation/interests.

3)     Train your interviewers.  We all have unconscious biases that we bring to the interview process.  Successful job seekers know how to conform to those (the chameleon effect).  Structure the interview format, and use questions obtained from the assessments to get the right person for the right job.

(c)Jeannette Seibly, 2010

Build Loyalty, Not Followers

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Recently, I talked with a business owner who simply wanted people to show up and do their work.  “I know what needs to be done; they simply need to do what I tell them to do.”  While this type of mindset worked decades ago, it will never creates the loyalty (or level of performance) you wish to build.

1)     They may have the answers. Put aside your automatic judgment that it can’t work and create five reasons why it could work.

2)     Listen to both sides.  When you authentically brainstorm new ideas, processes and procedures, you will come up with out-of-the-box solutions to age-old problems.

3)     Open your mind to new possibilities.  The way it has always been done will not work today.  What can you add gradually, or fade out? Or, what needs a major overhaul.  Start doing it now.

(c)Jeannette Seibly, 2010

Solutions for Your Most Important People Problems

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We have a simple mission:  We increase your profits.

We help businesses increase their profits, by reducing their people costs. Our clients hire better, fire less, manage better, and retain and develop top performers.

We offer tools and systems that improve:

  • Selection of honest, hard-working employees, who show up for work, avoid substance abuse, are less often absent or tardy, and perform!
  • Performance of sales people and other employees.
  • Retention—Keep your good people.
  • Placement—Ensure that each candidate/employee is in the right job.
  • Promotion—Avoid “promotion failure” due to the Peter principle.
  • Coaching—Get the most out of your people resources.
  • Career development—Give them a reason to want to stay with you.
  • Motivation—Do you know what “makes them tick”?
  • Teams—Function and balance. Where is your “operator’s manual”?
  • Customer service—Is there anything more important?
  • Management—People don’t leave jobs, they leave managers. Fix this.
  • Recruiting—Maximize your candidate pool, manage it efficiently.
  • Performance Management –Turn this into something productive!

Our tools are scientifically designed and validated. We customize the measures to reflect the needs and values of jobs in your company.  Each assessment has been tested to ensure compliance with EEOC and Department of Labor standards; use of our tools may provide a positive defense against claims of discrimination.

Brief Overview of Selected Tools 

iApplicantsTM Online Recruiting and Hiring System

Developed entirely from input provided by companies like yours, iApplicantsTM is a complete, affordable, efficient, intuitive, and easy to learn applicant tracking and management system. Automatically post your jobs to a wide selection of free internet job boards, track your applicants in ways that make sense for you, e-mail selected candidates from within the system. Ask job-specific screening questions to quickly weed out those who don’t meet minimum requirements, and use any of our assessment tools automatically as part of the application; it’s all here. Designed for companies with 20 to 2,000 employees, it includes powerful reporting functions (including tracking EEO information in the background), application and resume search functions, and much more. No setup charges, no long-term contracts, and you can be an expert in less than an hour.

Step One Survey II®

This is a pre-employment screening assessment, designed to increase your probability of only hiring people likely to become “good employees” in the general sense. It measures your candidate’s attitudes toward 4 critical components of workplace behavior: Integrity, Substance Abuse, Reliability, and Work Ethic. Results show how your candidate compares with the general US working population. Consistently applied in a wide variety of work environments, the SOS has demonstrated dramatic effects of reducing turnover, absenteeism, tardiness, on-job injuries, vehicular accidents, and jobsite theft. It is designed to be completed by your candidates pre-interview, and provides a structured interview guide to enrich the information usually available before an employment decision is made. The measure is available in English and Spanish, and is easily completed over any internet connection, or in booklet form. Scoring and reporting is nearly instantaneous.

ProfileXT®

The ProfileXT answers “the astronaut’s question”—Does this candidate have the “right stuff” for your job?  A “total person” assessment with a myriad of uses, the ProfileXT is used for selection, coaching, training, promotion, managing, succession planning and job description development. Using 20 different scales, it measures the job-related qualities that make a person productive – Thinking and Reasoning Styles(5 scales), Behavioral Traits (9 scales) and Occupational Interests. (6 scales). A separate Distortion scale provides a measure of the quality of information in the assessment. Proper use of the ProfileXT will help you put top performers in each job, maximize their performance, and keep them with you longer.

Profiles Sales Assessment™

Combining the power of the ProfileXT with a set of 7 Critical Sales Behaviors, this assessment predicts and supports job-specific sales success. Used in sales selection and in sales management, this powerful tool will help you hire or promote top performers, place them in jobs where they can perform at top levels, motivate and manage them to produce even more, and keep them longer—because they fit their job.

Customer Service Profile™

Worldwide, up to two-thirds of all customers leave due to poor customer service. When you hire employees using our Customer Service Profile, you populate your organization with people who will increase customer satisfaction, reduce complaints, build customer loyalty, increase sales and make significant gains in profitability. This tool assesses the attitudes and customer service characteristics of existing employees and new job candidates. It gives you the critical information you need to hire people with good customer service skills, improve customer service training, and increase overall customer satisfaction.

Management Development Program

This is a combination of tools, applied in a systematic annual cycle to:

  • First, measure each participant’s competencies in 8 major areas and 18 subcategories critical to management performance. (Checkpoint 360 Assessment)
  • Second, improve competency level in the areas identified as most critical for each participant’s job, and offering the greatest opportunity for significant gains. (SkillBuilder Units.)

Unlike most management assessment programs, ours not only identifies skill sets where each manager (according to themselves, their supervisor, their peers, and their direct reports) needs improvement, it provides a system to directly and efficiently improve those skills. Training is individual, self-paced, practical, and essentially provides on the job training in the specific skills needed, providing lasting change in manager behavior.

All of these tools can be used separately, or in powerful combinations based on your goals and needs. With the exception of the Step One Survey II (restricted to use pre-employment), all can be used with either job candidates, or with your existing employees. Let us help you increase your profits by reducing your people costs! We provide solutions for your most important people challenges.

(C) Jeannette L. Seibly, 2008

Erasing Racist Graffiti And Tracking Down The Unknown Artist

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Finding graffiti on company property is, at the very least, a sign that someone is disrespecting company property.  But if the graffiti consists of racial slurs, then it becomes a form of racial harassment.  An important step to putting a stop to workplace harassment is interviewing and disciplining, as needed, the harasser.  So what is an employer to do when graffiti is done covertly and the perpetrator is unknown?  Just because you have a difficult task ahead of you doesn’t mean you don’t have to try.

Bottom line: If management-level personnel are aware of the existence of harassing graffiti, and there are no sufficient investigatory or remedial measures taken, then the employer risks intervention by the Equal Employment Opportunity Commission (EEOC) and may ultimately be held liable in court.

ANONYMOUS HARASSMENT STILL MUST BE INVESTIGATED

Employers are expected to make a good-faith effort to track down the harasser, beginning with a prompt investigation.  Even if your investigatory efforts don’t yield any definitive results, you can document that you tried.

             •           Interview possible witnesses and targeted employees.  Also speak to other shift leaders and department heads.  You may be able to uncover information outside of the shift or department that is directly affected by the graffiti.

             •           Use common sense to find leads.  For example, review work schedules to see who was on site at the time the harassment occurred or determine who has access to the area where the graffiti appeared.  You could even try to compare employees’ handwritten records against handwritten graffiti.

             •           Offer a “carrot” to anyone who provides information that successfully leads to discovering the harasser’s identity.  The “stick” alternative: Announce that bonuses or raises will be eliminated in order to pay the cost to clean/repaint/replace defaced items or to pay for a full-time security guard if the harassment continues.

             •           Consider hiring an outside investigator.

REMEDIAL MEASURES COUNT, TOO

Even if you are unable to determine who the graffiti artist is, you need to do what you can to stop the harassment. 

Remove the graffiti as soon as the investigation allows.  (Just don’t make the mistake one employer did and order the target of the harassment to clean it up!)  Before removing the graffiti, “don’t forget to take pictures and document the time and date,” advised Jeannette Seibly, Human Performance Coach and Consultant, SeibCo, LLC (Highlands Ranch, CO).  This may help you identify the guilty party in the future.

Reaffirm your employer’s commitment to upholding its anti-discrimination policies.  Send out an e-mail or hold department meetings, and reassure employees that the company is working hard to ensure nothing like this happens again.  Review the company’s anti-discrimination policies, and remind employees to immediately report the appearance of offensive graffiti and any other signs of harassment to HR or to their managers.  Also require supervisory personnel to report graffiti that they see immediately.  Do not wait for an employee to complain about it before acting.

Be very clear that anyone who participated or aided in the harassment will be terminated, as will anyone who participates in any future acts of harassment.  Seibly recommends zero tolerance.

Consider installing surveillance measures (e.g., video cameras, spyware).  Consult with Legal to see whether it is doable.  Even setting up “dummy” video cameras in plain sight of employees (who’ll think the cameras are real) may effectively curtail misbehavior.

 Provide anti-discrimination training.  “Make sure all employees, supervisors, managers, and executives attend,” said Seibly.  “This will send a message that this type of behavior will not be tolerated.”

AN UGLY TRUTH

 Racial graffiti is not uncommon at worksites around the country.  One reason, according to Seibly, may be generational differences.  “This is the first time in U.S. history that all four generations are in the workplace at the same time,” she noted.  “With younger employees in the workplace, it’s important to remember that their view of ‘harassment’ is different than the older employees….  In many areas of the U.S., the younger generations use racial and gender slurs as part of their normal conversation.  They don’t think about it.  They don’t have a broader perspective that their words carry weight.”

Seibly strongly recommends ongoing training as a way to “get everyone on the same page” regarding what is acceptable at work and what is not.

Reprinted with permission from Personnel Legal Alert, © Alexander Hamilton Institute, Inc., 70 Hilltop Road, Ramsey, NJ 07446.  For more information, please call 800-879-2441 or visit www.legalworkplace.com.

Fear of Failure Vs. Fear of Success — What’s the “dif” for my career?

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The difference simply depends upon your mindset.  Are you more likely to think in negative terms (e.g., failure) or positive terms (e.g., success)?  Failure is on the same continuum as success.  Fear is used to mask the reality of what you’d truly love to do, be or have, and prevents us from taking responsibility for our career choices.

When people are in low paying jobs where they are miserable, and use their kids’ expenses (kids is the “politically correct” excuse right now) or other excuses for not hiring a career coach to get a much better paying job that they will love, it is a reflection of them not taking responsibility for their career.

We all have a committee of one in our head (aka ego) that loves to chatter.  This chatter reflects conscious and unconscious thought patterns, and reinforces the limiting fears and concerns.  Or, it supports the illusion that you will have a great career someday when other things change.  This keeps us from becoming responsible for our chatter and pursuing a great career: work smarter, have financial freedom, and realize our dreams now. 

If we were to delve slightly deeper into our chatter, we would find that the fear is:

  • normally a fear of the unknown,
  • not being in control of a situation,
  • being right that others are wrong, or
  • avoiding someone else’s poor opinion of us.

 If we were to delve slightly further, you would find that the true fear is:

  • not saying the right thing in an interview,
  • not having your ideas heard,
  • others not making the right decisions on your behalf,
  • not being clear about your career direction,
  • effectively dealing with difficult bosses, employees or co-workers, and/or
  • making difficult ethical decisions.

The point is that you need to get real about your true fear(s).  When you can specifically state what you fear in your job or having a career that you enjoy, then you can make a positive and profound difference.

Why?  What you focus on will expand.  If you focus on fear, it will consume you, hinder any forward movement and impede your decision-making.  If you focus on your goals and move forward with a specific plan in place, confidence will replace fear.

Steps for Positive Results:

1)     Declare a positive mantra.  This will start you thinking in a different manner.  Without doing so, it will be difficult, if not impossible, to move on to Step Two since your excuses are designed to prevent you from changing anything.

2)     Hire a coach.  WHY?  Usually you will make it harder than it needs to be to achieve results on your own.  We inevitably get in our own way.  Having a coach will support your forward progress to keep you on a positive track.

3)    Design a results oriented goal and focused action plan to move forward, and fine-tune it with your coach.  This will support your results by acknowledging your achievements and reinforcing the positive expansion of them.

 (c)Jeannette L. Seibly, 2009

 Jeannette Seibly is a nationally recognized coach, who has helped thousands of people work smarter, have financial freedom, and realize their dreams now.  Along the way, she created three millionaires.  You can contact her:  JLSeibly@gmail.com OR http://SeibCo.com

Learn Lessons from the Gossip Mill

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Gossip has its merits. It keeps people attuned to issues and concerns not otherwise expressed by formal methods of communication. For bosses, it’s a great way to get the pulse of a company while achieving retention and productivity goals. For employees, it’s critical in understanding the unwritten practices and policies of any organization.

However, by its inherent nature, gossip has negative impacts on individuals, groups and companies, and can strain or destroy relationships. People are naturally more likely to spread the negative aspects of what a company or individual has done than the positive ones. It’s impossible to eliminate gossip as long as people use it as a way to vent their frustrations with a person, situation or event; use it as a favorite pastime; or use it as a reason to connect with others and hurt anyone they see as “competition.”

Some people mistakenly believe that if gossip doesn’t matter to them, it shouldn’t matter to others. Handled incorrectly or not at all, gossip can ignite into something explosive that can lead companies to close their doors, good employees to depart for competitors, careers being sabotaged, and the creation of sacrificial lambs. Falsely believing that people shouldn’t be talking about “inside” issues won’t stop the gossip. In some cases, it can actually fuel it! It’s time for an intervention of good PR!

How can you use gossip to promote a positive workplace, while keeping your customers and employees happy and satisfied? How do you effectively handle the inevitable gossip that every company and organization must contend with, both internally and externally?

Talk with people, not about them.

Too often when things don’t go right we immediately seek to blame someone, whether warranted by facts or not, and let others know. Or we hear something and immediately call our closest friend or co-worker to tell them. That’s how most gossip gets started and then escalates. Avoid this problem by talking directly with those involved to get their version of events and focus on the facts. Normally you’ll find that while part of the rumor may be true, it usually is not as detrimental to the project or person(s) involved as it would initially appear. Then, you can bring everyone involved together to discuss a win-win outcome, deal with perceptions and create a positive process or system to move forward.

Be responsible for the words you chose to describe an issue or person.

Usually, they are more reflective of how we view our own weaknesses. A boss was lamenting how an employee was not being “collaborative” in his efforts to work with the group. In fact, the employee was simply being outspoken about a long-term issue and expressing his willingness to address it with others. The boss felt that everyone should be solely focused on their own work and not getting involved in everyone else’s job. Because of his incorrect use of the word “collaborative,” other employees were confused and feared losing their jobs for collaborating – or maybe for not collaborating. The company continues to struggle to retain key employees and provide quality products and services to their clients, uncertain whether to get involved to resolve issues or not.

We as human beings love to be offended!

And, we retaliate by spreading gossip about how someone offended us, when in fact they may have been simply making a statement or agreeing with us. A woman shared her experiences as a boss and the amount of turnover she had dealt with recently. The employee she was speaking to indicated that yes, in fact, she had heard about the turnover and the boss’ struggles. The boss was offended that the employee agreed with her and passed her over for a promotion, even though she was most qualified for the position. The boss told others that the employee would not make a good team player.

Find out the facts!

Too often we automatically respond to situations based on how we feel in the moment. Sometimes we feel the need to defend something we have said or done that was misunderstood by others. It may be too late, as the damage is done. Normally, anything can be resolved through effective communication and persuasive listening. It takes a willingness to really hear about others’ perceptions of the situation and clarify the facts. Only then can you move forward within the context of the company’s vision and values, and make a commitment to the welfare of the team.

A new boss once inherited an employee he did not like. The employee had many more years of experience than the boss, so the new boss felt intimidated. While working on a project, the employee complained that there were some ongoing problems that needed to be addressed. The boss then heard from others that they didn’t believe there were any ongoing problems, and that they didn’t wish to work with the negative employee! The boss then used this information to terminate the employee. The boss was uncomfortable learning how to build a team in an environment where employees didn’t automatically and simply agree with one another. Unfortunately the issue hasn’t gone away, and the rumor mill has labeled the boss’s team a “bad group to work with.” That division of the company will soon be closed down since they are not longer profitable.

If there’s an elephant in the room, address it!

It won’t go away on its own! Organizations have lost huge numbers of members, customers, employees and revenues by not addressing ongoing concerns. Companies have lost great employees and lots of money because it failed to handle issues effectively, or because of the proverbial “skeleton in the closet.” These types of things will eventually come back to haunt you if they are not addressed effectively. Even if it doesn’t seem like a problem to you, someone may see it as a problem, or make it a problem.

A female employee complained about her new female manager to the point of taking a different job with a male boss. However, that didn’t stop her from continuing to complain about this female manager, who was dealing with liability issues her predecessor hadn’t handled well. Eventually the female manager left, after filing a lawsuit for harassment. When the employee was finally asked why she kept complaining, she stated, “I just don’t like working with women bosses. And, I liked my former male boss better.” Usually when there is a spark, a fire will follow. Many other harassment suits followed and the company’s assets were sold.

Get everyone on the same page by helping them understand the bigger picture (vision) as well as the steps needed to achieve it (action plans).

Remember this is a process, not an event. Hire a facilitator to help everyone – executives, managers and employees – work through issues, particularly those that keep reoccurring. Be committed to handling other issues that will arise, as well. Train everyone to handle both the ‘people and material’ side of meetings.

Have your managers and executives work with a coach or mentor.

A third party can help support them in developing the competence and confidence to address concerns and opportunities that arise, as they arise. What they learn can be as simple as how to communicate with others, how to be heard by others, how to resolve conflict confidently, and how to be “politically correct.”

Don’t rely solely on email to convey important messages or resolve conflict.

The average person has the reading and writing ability of a sixth grader. As a result, messages can easily be misread or misunderstood due to varying education levels, reading and writing capabilities and/or the cultural definition of words. For example, you may interpret this article one way and focus on something in particular, while others may focus on something else of importance to them. Each reader will then convey to others their belief about whether this article was of value to them or not. A rumor has been started!

Be responsible for what you convey to others.

Too often we believe that it is others’ responsibility to understand what we meant, even if it’s not what we said. Unfortunately we don’t live in an ideal world. Take time to check with the listener to hear what they’ve heard you say. The difference will be amazing.

Summary

There’s no getting around the fact that there will be gossip in almost every organization. How you use that fact, how you approach communicating with your staff, and how your company handles gossip, will have a huge impact on the success of your organization. Don’t make assumptions about how people receive and perceive information about the organization, the staff, and their own personal role, duties and performance. Taking a few very effective steps can significantly cut down on a lack of information, as well as miscommunication and misunderstanding that can start the gossip mill churning, fueling wild speculation, drama, hurt feelings and resentment.

© Jeannette L. Seibly, 2006-2007

 Jeannette Seibly, Principal of SeibCo — your partner in developing work and career strategies for selection, results and growth, we improve your bottom line!   Contact SeibCo, LLC @ 303-660-6388 or JLSeibly@comcast.net.  Website: http://www.SeibCo.com

Stay Motivated During an Economic Downturn

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With an economic downturn in business, you may have started feeling the pinch. Budgets have been slashed. Training and development dollars suspended. Travel curtailed. Salaries decreased. Expenses reduced.

During this time, some executives will succeed financially while others will fail. While it’s not a law of life that one must fail during a downturn, people who are afraid to learn and give it all they’ve got could find their personal financial growth negatively impacted. Those who succeed find their success depends upon their attitude and their ability to use this time as an opportunity to increase their business savvy.

When your company experiences a growth slowdown or experiences financial trouble, now is the time to improve your “business depth and breadth.” Or, your alternative is to become a job seeker. The Labor Department’s latest survey of employees found that even when the economy was still red hot, that even during the best of times, many displaced employees take a big hit. And, executives are not exempt! In fact, the rule of thumb is that the higher up the corporate ladder you go the longer it’ll take you to find another comparable position, not necessarily with the same financial renumeration!

A year or two after being laid off, over a fifth of former full-timers were either still unemployed or had left the labor force–and another 11% were either self-employed, working part-time or doing unpaid family work. Nearly 40% of re-employed workers had to change occupations to find work—and—39% back on full-time payrolls were receiving less pay than at their previous jobs (and over half of these suffered wage declines of at least 20%).

With the economy slowing down, now is the time to get yourself some executive insurance—developing your business depth and breadth, or another way of saying it: your business acumen. It can result in you staying and growing with your company or moving on, on your own terms, thus ensuring your personal financial growth.

Golden Rule #1: “IF YOU’RE WAITING FOR SOMEONE ELSE TO DO IT, SO ARE THEY!” What can you do when your company’s growth has slowed or is in financial trouble? First, and foremost, get in action NOW. What immediate challenges does the company face (whether or not you’re directly responsible for that area)? Interview different managers. Ask questions and really listen to their responses: “What are 3 issues facing us today?” “Why are these issues important?” “How do you suggest they be resolved?” “How much will it cost if we do?” “How much will it cost if we don’t?” 

Golden Rule #2: “DON’T BELIEVE IN THE NAYSAYERS.” Be careful not to fall victim to the naysayers of the company. In order for this process to work, you need to believe in your company, employees, and products/services. In asking the questions from Golden Rule #1, a common theme/issue will emerge. Investigate with outside people. Ask them their thoughts and opinions. Then get into action, put together a plan. Now is NOT the time to wait until all the i’s are dotted and the t’s crossed.

Golden Rule #3: “DON’T KILLTHE MESSENGER IN WORD OR IN ACTION.” Review with people, from within your company as well as outside of your company, your outline of the solution. Really listen to their ideas and whenever possible incorporate their ideas and thoughts. What do they like? What don’t they like? What alternatives could they provide? Don’t be afraid of brainstorming. True synergy will result in a better solution. Can they at least live with the plan even though it’s not ideal? Remember to listen to their rationale, even when you don’t agree. Ask for their help. If they’re not willing to, move on. [Remember, part of the reason your company is in its’ economic state is due to blaming it on external factors and not being responsible internally for moving projects forward, improving customer service, closing prospective sales, etc.]

Golden Rules #4, #5, & #6: “HAVE THE GUTS TO FAIL (do the best you can “by when” you say you will) … AVOID PERFECTIONISM (it can always be done “better”) … DON’T WAIT FOR ALL THE FACTS (there will always be more).” Establish 3-month goals. Hire a coach or consultant (YES, find the money) that will keep you on track and moving forward. This will keep you out of the quagmire that internal thinking has already gotten you into. It’ll be the best money ever spent.

Golden Rule #7: “NOT EVERYONE IS GOING TO AGREE WITH YOUR GOALS: BE CLEAR, BE CONSISTENT AND FOLLOW-THROUGH, THEY’LL COME AROUND.” Now is the time to stay focused on sales and delivering products and services on time and within budget. It’s not time to worry about the carpeting. Nor the new system you believe will save time someday. Curtail unnecessary spending. Stay focused on having money coming in the door while ensuring the highest quality of products/services are meeting customers’ needs.

Golden Rule #8: “BE WILLING TO LEARN YOUR LIFE LESSONS NOW INSTEAD OF WAITING FOR TOMORROW.” Remember to stay focused on achieving the results. You may need to layoff people. Many companies put this dreadful task off too long or jump at it too quickly to save a few bucks sacrificing future growth. This will require a level of objectivity that most managers fail to use and can be a very uncomfortable process. It can also become a turf war. The bad news is that you may win the battle, but ultimately you’ll lose the war if you’re not truly looking from a bigger picture. Ask questions: What happens with different projects if we cut those employees now? How do those projects impact the bottomline? Which employees are most versatile? Which employees have the best skills? Which employees work best with customers, internally and externally? These are the employees you need to keep. They may not be the employees you like best! You’ll learn a life lesson of being able to work with anyone at anytime, anywhere, under any circumstance. 

For instance: I have a client that did not like his boss. And, if I had told this client a year ago, when I began working with him, that he’d enjoy working with his difficult boss, he wouldn’t have hired me. We made extraordinary process, he was the only one achieving all of his goals in a $150MM company. During this process I suggested he talk with his boss about how to work better with him and apologize if necessary for anything he had not done to support the boss or the department. As a result of that meeting, he changed his attitude toward his boss, and vice versa. They became great allies. Also, his employees now liked his boss! His life lesson? He’s able and capable of working with anyone at anytime; and this is well recognized throughout his company.

Golden Rule #9: “HAVE FUN AND ENJOY YOUR ACCOMPLISHMENTS AS WELL AS THE ACCOMPLISHMENTS OF OTHERS.” There are no guarantees that if you follow all these “Golden Rules” that you’ll keep your current job, your company will succeed or stay in business. A benefit however is that you’ll learn to move forward with ease. You’ll learn valuable lessons about yourself, your relationship with goals and achieving them, and how to work effectively with different types of people to get the job done on time and within budget. Now is also the time to celebrate your successes and others’ achievements. While you’ll need to keep your primary focus on the company and achieving these goals, make sure to take a couple of hours weekly (for early morning breakfasts or after work meetings) to ensure your network is working in the event you need a job. Follow these Golden Rules and the possibility of multiple job offers, either from within or from other companies, will appear.

(c)Jeannette L. Seibly, 2003