5 Strategy Execution Attributes

Executing a new strategy involves acting in a new or different way; it’s a change process. Because the strategy is a change, there will likely be some resistance to it. Those who will implement the strategy, and those impacted by it, want to understand its objective and why this is the best way to achieve it. They will assess how well the strategy aligns with company culture, and how they will personally be affected by …

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That First Prospect Meeting

When first meeting a prospective customer, the objective is to establish rapport, a personal connection, something you have in common, that can be the kindling for igniting a new relationship. The connection might emerge from the circumstances that caused you to meet, or from a shared experience, or from something you notice about the person. It’s what launches a conversation thatreveals your common experiences and values to one another, the human touch that enables trust …

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The Value of Doing

The prime directive for leaders is to improve results. One way they accomplish this by nurturing a culture which understands what has produced success, challenges the status quo, and cultivates ashared commitment for embracing productive change that creates value for their customers and their business.  A key component of building this culture is recognizing their responsibility to develop those they lead. Their experience has taught that the most beneficial learning is accomplished by ‘doing,’ so these leaders …

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3 Steps for Resolving Differences

Securing a team’s commitment to a direction, decision or action, typically requires the resolving of differences within the team to identify and agree on the best way forward. These 3 steps can help: 1. Employ empathy. As the discussion begins, listen empathetically to the differing perspectives, asking questions to clarify or confirm. If the dialogue stalls, use expressions of consideration and tolerance to remove any sense of threat so the sharing of ideas may continue. A typical comment would be: …

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Driving Change Amidst Turmoil

Supply chain challenges and rampant inflation continue to disrupt businesses of all sizes, causing them to revise strategies and priorities as they adapt to new realities. Having navigated Covid shutdowns, and the subsequent transitions back to work, leaders are now compelled to control rapidly escalating costs that are crushing margins and constraining the achievement of revenue goals.   It’s one thing for leaders to drive proactive, productive change when the business is growing; it’s another when strategy and structure revisions are required in …

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Competition

Competition is fierce and growing. The dynamic market and internet access to abundant information ensures that no technical advantage is sustained for long.   To keep pace with the market, competing companies react to one another by offering comparable solutions while struggling to differentiate themselves. Often this results in declining prices and margins. Monitoring your competitors is essential, but it tends to make a business more reactive than proactive, which can complicate goal achievement and cause you …

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Finding Talent

Businesses are struggling to find and hire talented people. Job postings cite requirements and experience levels, which translates to expertise. Companies hire for expertise.  But not all expertise is equal. Attracting and retaining the most talented people, those with the highest level of expertise, is expensive and time-consuming; and it can be risky if the person hired ultimately isn’t the right fit for the business. So, most companies design jobs that can be done reasonably well by a person …

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Cultivating Dialogue

It’s understood that communication is an essential ingredient of effective leadership. What is less often realized is that two-way interaction, dialogue, is the most impactful method of communication for influencing those you seek to lead. The word ‘dialogue’ is actually a contraction from the Greek words for “through” and “words” which suggests a focus on discovering meaning. The ancient Greeks learned that people reasoning together, rather than as individuals, are more likely to uncover the …

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Navigating Disruption

Today’s tech driven world appeals to our search for predictability. We have instant access to an abundance of information, perhaps too much of it. We’ve come to expect consistency from the brands on which we rely; Starbuck’s coffee is the same worldwide, and Amazon will deliver your package as close as possible to tomorrow.  But working against this predictability, and undermining its expected outcomes, is the persistent disruption of routine, perpetual change that challenges us to repeatedly …

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3 Vital Tasks for Welcoming a New Leader

The start of a new year may find you welcoming a new leader to your team. Key to your onboarding effort is emphasizing the need to build relationships that are essential for the leader’s success.  Guiding your new leader to accomplish these 3 tasks will support that objective, and help establish the leader’s effectiveness and credibility:  1. Align current circumstances with expectations. New leaders must quickly gain clarity about the path ahead and your expectations for them. As …

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