Compete and Keep Your Soul

values based leadership
This is a guest post by Jeff Thompson, MD. Jeff is the author ofLead True: Live Your Values, Build Your People, Inspire Your Community and he is CEO Emeritus and Executive Advisor at Gundersen Health System.

 

Compete and Keep Your Soul

The bookstores have volumes and the media is full of examples of people who believe the way to success is to crush the competition—out-strategizing people and pressing your advantage till they are crushed by the wayside. Young leaders are told to step on faces to get ahead or aim for short term goals of size and profit.

But there is another way. There is a clear path to have stunning success and still be able to sleep at night and be proud to tell your grandchildren how the world is a better place because you were in it.

Values-based, not ego-based, leadership focuses on serving the greater good and accomplishing a higher purpose.  It is not complicated. It is just difficult.

 

“Values-based, not ego-based, leadership focuses on serving the greater good and accomplishing a higher purpose.” -Jeff Thompson

 

Let’s take for example the last broad economic downturn.

How are the priorities in your department or company organized to deal with this problem? Who were the first to be affected? The most vulnerable? The last people who were brought in the organization (your future)? The people with the least power and the least influence? Who took the biggest beating? What won the day? The long-term good of the organization or the short-term financial performance report for the board? Shareholders may clamor for short-term wins, but there is no law that says you have to sacrifice the long-term health of the organization or its people to satisfying this immediate clamor. Decision making guided by values takes courage, discipline and durability.

 

“Decision making guided by values takes courage, discipline and durability.” -Jeff Thompson

Become a Master Coach

Unlock the Talent in Your Team

When I think about a great leader, I inevitably think about someone who is a great coach, understanding my weaknesses, but helping me play to my strengths. From John Wooden to my favorite manager, a coach is someone who unlocks talent.

Gregg Thompson wants to help leaders throughout organizations become great coaches. THE MASTER COACH:  Leading with Character, Building Connections, and Engaging in Extraordinary Conversations is his new book, written to help make coaching the part of your culture. He’s the President of Bluepoint Leadership Development and has coached senior leaders in many Fortune 100 companies. I recently talked with Gregg about becoming a master coach.

 

Share with us the Gregg Thompson definition of a master coach.

A Master Coach is someone who, through their conversations, helps others accelerate their learning and increase their performance. The Master Coach is not an advisor but, rather, a catalyst for sustained personal change in individuals. The Master Coach is a positive and creative force that challenges the person being coached to move from intention to action and holds the person accountable to do that. The Master Coach has highly-tuned interpersonal skills but is much more recognizable by who they are rather than what they do. They are men and women of exceptional integrity, sincere humility, noble intention, and a high degree of emotional intelligence. They take people into uncharted territories, challenge them to consider new perspectives, and help them plot significantly more fruitful paths forward.

 

“The Master Coach is a catalyst for sustained personal change in individuals.” -Gregg Thompson

 

Become a Great Coach

What do people get wrong when they think of a great coach?

People often think of the great coach as someone with the expertise and experience to provide great advice and sage wisdom. While occasionally coaches will have valuable perspectives and insights to share with those they coach, this is not their prime role. Their prime role is to help others find their best answers, solutions, and action plans. Some people also make the assumption that a coach is a counselor. Coaching and counseling, both powerful processes that can help to improve lives, are deeply different. Coaching is dedicating time and attention to help the person being coached to be the best version of themselves going forward while counseling usually involves resolving past difficulties and issues.

 

“The primary role of a coach is to help others find their best answers, solutions, and action plans.” -Gregg Thompson

 

What’s the difference between a coach and a mentor? 

A mentor can function in a coach-like manner, but their role is more of a career advisor than a coach. The mentor is usually someone with deep knowledge and expertise in a particular field and uses this to help more junior individuals accelerate their development and career growth.  Coaching, on the other hand, requires no expertise in the discipline of the person being coached. In short, anyone can coach anyone.

 

“Leadership happens one conversation at a time.” -Gregg Thompson

 

7 Characteristics of a Coaching Culture

Essential Daily Exercises for Becoming More Successful

Become Wealthier, Smarter, and More Successful

 

Do you want to break old habits?

Do you want to manage your time more effectively?

Do you want to motivate your staff and be a more effective leader?

 

Rhett Power is cofounder of the toy company Wild Creations, named one of Inc. Magazine’s fastest-growing companies. He is a speaker and author and has written for numerous publications from Time to the Wall Street Journal. I recently spoke to him about his research on success.

He says that success today isn’t just taking a few steps, but it is available to all if you take action day after day, week after week. Rhett’s new book, The Entrepreneurs Book of Actions: Essential Daily Exercises and Habits for Becoming Wealthier, Smarter, and More Successful, focuses on 53 weeks to accomplish lasting change and success.

 


“Successful people create a supportive network.” -Rhett Power

 

Why Personal Development is Critically Important

As a busy entrepreneur, with multiple conflicting to-do lists, how do you prioritize personal development? Why is this critically important?

In my first business, I learned that if I didn’t take the time for personal development, then my business would suffer. I buried myself into making that first business work. I worked 20 hours a day seven days a week. After two years, I was nearly bankrupt, and I was physically and emotionally wiped out. I wasn’t reading, eating well, exercising, or spending time with family and friends. When I stopped to reevaluate my life and made significant changes, I saw dramatic results.

I started taking more time out of the business. When I was well rested, I made better decisions. When I started exercising, I had more energy and was more productive. When I started to take time for personal and professional growth, meaning spending time reading, researching, and planning, my business took off.

 


“Constant self-improvement is as important as a physical workout.” -Rhett Power

 

Overcome Your Fears

Let’s start with overcoming fears. You faced some seriously challenging days and, in the end, you now say that facing a fear helps you gain strength. What practical tips can you share for someone who feels paralyzed with fear?   

I have always believed I would rather have my fate in my own hands than in someone else’s. That is why I kept going even when times were tough, and I was scared we were going to fail. It’s important to understand that significant fear cannot be overcome overnight. That’s why it’s significant. To effectively deal with this kind of fear, it’s helpful to break down the object of your fear into small, more manageable parts. One of the benefits of breaking down a task that you fear is it can provide you with some insight as to what, specifically, about the task causes you to have fear.

The other thing that always makes me less fearful is preparation. Everyone remembers the feeling of confidence you get from being ready for that school exam. You also know the feeling of not being prepared. I find being over-prepared makes that feeling of fear turn into confidence.

Each time you face a fear, no matter how small, and overcome it, you gain great strength. That strength turns to courage and that courage to confidence in the doing–no matter what “doing” you might be called upon to do.

 

Reward and Recognize Good Work

You share the importance of valuing employees. As an entrepreneur, you also know that resources are often a challenge. What creative ways have you seen to accomplish this goal on a limited budget?

Even on the tightest budget, you should recognize and reward great work. Here are some things I do in my businesses:

  • Ask staff to post recognition notes to each other on a bulletin board. Add testimonies from external customers.
  • Give people time off. Time is the most precious gift, and people will always remember that afternoon or day to do what they love.
  • Send a letter to the employee’s family, telling them why their loved one is so important to the company’s mission.
  • Do one of the employee’s least favorite tasks.
  • Give a coffee or carwash gift card, sports or movie tickets.
  • Allow people to work from home or present them with a “flexible day” certificate.
  • Give departments their own week: Accounting Week, Programmer Week, etc. Recognize the contributions made, take them to lunch, make certificates.
  • Create opportunities: to be a mentor, chair a committee, do research.
  • Celebrate birthdays, babies, weddings, graduations, and any happy time.
  • Establish a “Wall of Fame” for photos and clippings that recognize outstanding achievements. Mention staff in the company newsletter, too.
  • Say, “I’m glad you’re here,” and “Thank you.”
  • Bring people together for cake and socializing or a meal like a potluck lunch.

 

Boost Your Bliss

3 Secrets to Cut Your Meeting Time in Half

Photo courtesy of iStockphoto/diego_cervo

Make Meetings More Effective

How many meetings do you find yourself in without a clear objective? Do you get stressed in the meeting knowing that the real work is building up while you are stuck? Does the meeting organizer fool anyone when he is unprepared?

 

“People who enjoy meetings should not be in charge of anything.”  –Thomas Sewell

 

Years ago, I was introduced to the concept of the “three P’s” at a Wilson Learning sales training seminar. It was introduced as an effective sales tool. Throughout the years, I have used the three P’s as a way to conduct effective meetings of any kind.  It isn’t just a sales technique.  It can be a way to save a lot of time and energy and focus the meeting on the objective.

 

“The least productive people are usually the ones who are most in favor of holding meetings.”  –Thomas Sewell

 

Use the 3P’s to Get More Done In Less Time

What are the three P’s?  Purpose.  Process.  Payoff.

Break the Rules and Upend Business As Usual

Upend Business As Usual

 

Should salaries be public?

Is it possible to eliminate the performance review process?

Should customers come second?

Do open offices work?

 

Most businesses have rules and practices that have developed over many years. Whether inherited from long ago practices or invented by the company, these rules often continue unquestioned.

My friend Dr. David Burkus is a business school professor and author who questions many common business practices. His research reveals that many of the rules are outdated, misguided, and possibly counterproductive. His research looks at the contrarian practices of companies such as Zappos and Netflix where the rules are being rewritten.

 

“Great leaders don’t settle for low levels of efficiency.” –David Burkus

 

From designing office space to eliminating annual performance reviews and unlimited vacation policies, David’s book ignites a debate and conversation.

Some of the “rules” may stand the test of time because they work while others may be held in place based solely on tradition. Regardless, his newest book, Under New Management: How Leading Organizations Are Upending Business As Usual, is a good reminder that it’s time to review all the rules and determine whether they still serve a valid purpose.

 

The Case for Change

David, in one book, you have assembled some of the most contrarian practices being used in business today. What led you to this approach?Under New Management

After I wrote my first book, The Myths of Creativity, in which I talked a bit about practices like hackathons and 20% time that spurred innovation, I started to get even more curious about the things innovative companies were doing that seemed unusual or opposite of best practices. As I travelled down that rabbit hole I found lots of people writing about why the ideas were unique and appealing, but no one was making the case for why these practices work so well. Since organizational psychology is my background, I started to look at these ideas through the lens of human behavior and found compelling reasons for why they might be better than best practices.

Do you believe many of our management practices and principles are outdated? Is this a global view?

Well that depends. As Daniel Pink rightly pointed out in Drive, the shift from industrial work to knowledge work left a lot that needed to change about how we motivate people. I think that shift has broader management implications, which I explore in Under New Management. So yes, if you’re organization does mostly knowledge work, it’s likely that your management practices are rooted in some outdated assumptions.

 

Ban Email and Increase Productivity

Let’s look at email. Does banning email really work? Do these techniques work in larger organizations? Doesn’t moving to other technology tools just move the problem and not address the fact that it is people, not the tool, that cause it?

Email is an amazing tool because it’s cheap and it’s asynchronous. But it’s a difficult tool for exactly that reason. It’s easy to send…so we send it far too much. And because it’s asynchronous, it moved us to a world where we’re always on. There are a lot of other tools that are also cheap and asynchronous, but it’s a matter of how the tool is used.

And yes, to some extent, it’s a people issue. The companies that banned email took a deep look at their communication needs and settled on another tool for internal communication. If you’ve looked at what your team’s communication needs are and email meets those needs….great. But odds are, there’s a better tool out there.

 

“Leaders are discovering that limiting email improves productivity.” –David Burkus

 

13 Counterintuitive Ideas to Upend Business As Usual

  1. Outlaw email.
  2. Put customers second.
  3. Lose the standard vacation policy.
  4. Pay people to quit.
  5. Make salaries transparent.
  6. Ban non-competes.
  7. Ditch performance appraisals.
  8. Hire as a team.
  9. Write the Org chart in pencil.
  10. Close open offices.
  11. Take sabbaticals.
  12. Fire the managers.
  13. Celebrate departures.

 

Eliminate the Performance Appraisal