Growing Through Adversity

Positive growth can happen even under the toughest of conditions. Perseverance, determination, and the ability to adapt are what’s needed to push through the challenges and capture the growth that’s yours. New skills, new perspectives, new ideas.

As I walked around our property today I saw this beautiful petunia growing in-between some pavers. Oddly this is not a flower we have planted anywhere on our property, yet here it is. With temperatures in the high 90’s this past week, and no rain or water, seeing this thing of beauty grow in the most difficult conditions made me realize how possible growth is in any environment.

It reminds me of the line in Jurassic Park – “Life will find a way.” You really can do anything you set your mind to.

How Sharing Can Accelerate Results

In today’s rapidly advancing digital age, information has never been easier to access. We shop for clothes, cars, computers, and countless other consumables and services through the internet. We research our customers, competitors, future employers and employees, and bosses. We share our experiences and opinions about banks, hairdressers, mechanics, and restaurants on sites like Yelp, Facebook and Google. In fact, by the time you finish reading this blog, more than 1 million posts will have been made on Facebook (assuming you can finish this in 2 minutes or less).

With so much information, so quickly accessible, why do businesses still operate in silos? Why do management teams, and executives, feel compelled to withhold information from their teams? Are there still people that believe in Jack Nicholson’s position in A Few Good Men? Perhaps some might not be able to handle the truth but most are far more capable than you may think. In fact, if you consider real-life General Stanley McChrystal, in his book Team of Teams, he talks about transforming the U.S. Military from a command-and-control operation to a “shared consciousness” where there is an organization-wide “understanding of the whole.”

So why do executives hold back? Why do they covet information at all? The answer is FUD – Fear, Uncertainty and Doubt. Fear of embarrassment, uncertainty of reaction, doubt in the character and tenacity of the people on their teams. Harold MacMillian said, “A man who trusts nobody is apt to be the kind of man nobody trusts.” This couldn’t be more true.

Sharing for the sake of sharing is a waste of time and effort, however, sharing for the sake of establishing trust is an accelerator of positive results. How do can you tell if sharing is real? If the information the leader is sharing is sensitive, in that it makes him vulnerable, he’s sharing. If the information is sensitive, in that it may make the company vulnerable, she’s sharing. If there is any level of personal, professional, or company risk, this qualifies for real sharing. When real sharing is being demonstrated, a culture of trust can begin to develop and teams begin to form. A leader who shares real stuff is confident, comfortable being vulnerable, and willing (and interested) in learning. Those are the leaders people seek to follow.

Still think sharing is a crock? If you need further evidence that sharing can accelerate growth, look no further than Berkshire Hathaway which currently holds the title as the highest priced stock on the NYSE at more than $320,000 for a BRK-A share as of this blog post. If you, like me, believe that sharing is a critical ingredient to building trust, consider the words of Berkshire’s Charlie Munger, “By the standards of the rest of the world, we over trust. So far it has worked very well for us.” It certainly has.

How much courage do you have to start sharing?

Business – it’s all personal

Business exists to serve peoples needs. It doesn’t matter if you work for a B2B, or B2C company. Somewhere downstream in the process, is a consumer who is making a decision to buy a product or service you make, or contribute to making.

Business is very personal. Only people can care, a business cannot. A business may be a culmination of caring people but by itself, a business is nothing more than an idea. People bring ideas to life. People bring passion to their work and workplace. People bring thoughtfulness and caring for one another and a community. That all happens with people. A business can only serve as a conduit to deliver what the collection of these people express.

When I hear “it’s not personal, it’s just business”, I would say, it’s all personal. People give their most valuable asset they have to a business…their time. With that time they could invest it elsewhere to generate different returns. With their families, with other businesses, other ideas, other objectives. It is a trade-off. Yet once that trade-off is made, an individual is committing themselves – their person – to the business. This is how business gets done, and it becomes very personal.

Empathy is a key emotion to bridge the gap between business and personal. Why? Because time is the only thing that binds us all together. We all have a set amount of sand in our hourglass. When it’s gone it’s gone. Take some of your sand, and use it with others at work to demonstrate that you hear them, you understand their challenges, and you have ideas to share that can help them. By doing this you add value. And while no one can put more sand into anyone’s hourglass, we can all put a little value into each other’s lives…in, and outside, of business.

Talent and Innovation

Everyone says they want to innovate. Every company talks innovation. We’re now seeing innovation as a core value for many companies. But are they really innovating?

Innovation is about talent. In the absence of talent there can’t be innovation. The first step to innovation is recognizing the two types of talent required to be innovative.

The first type of talent required to innovate is visionary talent. This is the talent, skill, or competency to see things others cannot see, or are unwilling to accept. Visionary talent is often related to first-movers. Many of the products and services we use on a daily basis started first with a vision. A mobile phone, a smart watch, wireless headphones (or ear buds), technology in the cloud versus a mainframe. These inventions, or innovations, required visionary talent. How do you spot visionary talent? Individuals that possess an insatiable appetite for learning, dreaming, and pondering not what is, but what could be.

The second type of talent required for true innovation is technical talent. This is the talent that is required to bring the vision to life. Think of Steve Wozniak to Steve Jobs. Technical talent tied to visionary talent. Or Charlie Munger to Warren Buffett. Technical talent is what enables our ability to bring dreams into our daily reality.

In 1899, Charles Duell, then Commissioner of the U.S. Patent Office, said, “Everything that can be invented, has already been invented.” While I personally don’t believe this to be true, let’s for a moment assume it is. If this were to be true, then arguably technical talent would be far more valuable than visionary talent. Why? Because the focus would be on incremental improvements of things that already exist. However, this raises a thought provoking question. What’s invention versus innovation.

In 1849, Italian inventor Antonio Meucci, invented the telephone. It wasn’t until 1876 that Alexander Graham Bell won the first U.S. patent for the device. Fast forward to 1973 when the first phone call was made on a Motorola mobile phone. Was the mobile phone an invention or simply an improvement on something already invented? Remember, it was 50 years after the phone was invented that Duell said everything that could be invented already had been invented.

Regardless, visionary talent and technical talent combined are required to innovate. Combining the creator of dreams with the builder of those dreams allows us to improve our lives in meaningful ways.

What’s your talent pool like? Who are your visionaries and who are your techies? How often do you review your organization for these two types of talent? Your answers to these questions will be the proof point for whether you are building and living an innovation culture.

12 Things Great Leaders Do Daily

McChrystal

By definition a leader is a person who leads or commands a group – at least that’s what Professor Google says.  My definition is a bit different.  Who wants to be commanded?  Sure there are times, situations, and circumstances when being in command is required.  Directing, ordering, and controlling are verbs that often come to mind when we think of leaders.

Just about anyone can be taught to do these things.  Just about anyone can dish orders, direct others, and attempt to control.  Many “leaders” regardless of training can do this for some period of time before being discovered as ineffective.  Great leaders however, take a different approach.  These leaders must do all the directing, ordering, and controlling as previously mentioned but it’s how they accomplish these things that set them apart.

Great leaders are great because they:

  1. Understand how to empathize
  2. Effectively communicate their vision
  3. Ask great questions, deep questions that provide insight
  4. Act in their own authentic way, not trying to be someone else
  5. Adopt a beginners attitude
  6. Surround themselves with people smarter than they are
  7. Spend time on self-reflection, how they operate and the result produced
  8. Network and connect with others to learn
  9. Ask for, and accept help when needed
  10. Lean on mentor(s) for coaching and perspective
  11. Roll up their sleeves, never asking others to do something they haven’t or wouldn’t do themselves
  12. Inspire others through their words, actions, and behaviors

So start today with some self-reflection.  What are you doing?  What do you spend most of your time on?  How do you interact with those around you?  What’s the reaction of others when you walk in a room, speak during a meeting, engage with others in a break-room?  Consider this list and strive to embrace each one in a genuine way and you’ll find your results improve in a timely manner.

Why Generosity?

generosity

Lately I’ve been paying more attention to the actions, words, and behaviors of the business world.  Observing acts of kindness and generosity. Watching folks give their time, talent, ideas and coaching to others.  Providing insights and perspectives that make a positive impact in someone’s life.

The world of business can be difficult at times.  It may even be difficult most times.  We live in a hyper competitive environment where the rule of thumb has always been to outshine those around you.  If I can just outperform, over deliver, sell the most, build the coolest this-or-that, I’ll be vaulted to the top. That was then…

Today, the there’s another way to shine, be seen, rise to the top, and excel.  It’s a paradigm shift, and perhaps a shift some either don’t believe in or feel is too soft.  That shift revolves around being generous.

Generosity isn’t a weakness.  It’s not about being soft.  Being generous demonstrates the ultimate control.  You’re in control of your choices, actions and decisions.  You choose where to spend your time and where not to spend it.  Generosity is about both quality and quantity…the two MUST be tied together to be a generous act.  Giving someone a mountain of feedback without any guidance or coaching as to how they might use that feedback isn’t being generous.  It’s also not showing great leadership either but that’s for a different day.  Generosity comes from being “genuinely” concerned for another.

Think of those who have helped you in life and your career.  Can you think of someone who helped you for no reason at all?  Perhaps someone who took an interest in you and at the time you couldn’t understand why?  It appeared then that they would have had nothing to gain by helping you but they did anyway…willingly giving their time and attention to you.

Can you think of a person like that?  I can.  Several.  And without exception, every one of them is super successful with reputations as strong leaders, mentors, confidants, and friends. They’ve filled their buckets by helping those around them and by doing so their successes multiplied.  We all know that one person at work who everyone loves.  They never have a bad word to say about anyone.  They are trusted by everyone and intimidated by no one. Without seeking power, they’ve acquired it through their generosity.  They use that power to help others, foster relationships, calm storms, and generate new ideas.

Think about how generous you are.  It’s not about money…it’s far more than that.  It’s about giving something much more valuable than money. It’s about giving some of yourself to others. Gandhi said, “Be the change you want the world to see.” Start small and see the difference it makes.

The Disruptive Buyer: A Cautionary Tale of Change.

1960businessowner

 

The business owner sat behind his desk staring out the window.  He started his business 7 years ago and for the most part things were okay.  He made it past the infamous first year when most start-ups go under, but it wasn’t easy. His sales were consistent, but flat over the past 3 years. Running a business was one thing, growing it was quite another.

The owner knew he needed to purchase a few super widgets to achieve his growth goals.  He had heard through the grapevine that other businesses using these super widgets were making lots of money. He had to get them if he too wanted to make more money. He needed them now. He wasn’t sure where he’d find them, or who sold them.  So he started his shopping the same way every other business did…

Like every business owner shopping for new products, he reached for the yellow pages and flipped to “W” for widgets but found nothing.  How could that be?  He thought some more and flipped to section “G” for growth. After all, the purpose of super widgets were to make businesses grow faster. Although his guess was correct, he wondered how long he would have looked if it hadn’t been. He would have kept looking if he hadn’t found them in this section, after all, the yellow pages is only so big. He found 2 pages of companies selling widgets. He wrote down the names, and phone numbers, of 5 businesses that sold these widgets and began dialing his phone. With each click of the rotary dial he was introduced to a sales person who offered to send him a packet of information which he’d receive in the mail in less than 10 days. This excited the business owner. In no time I’ll be making more money because of these widgets.

Two weeks past and the business owner sat in his office looking through 5 different packets of information from each of the companies he had called.  From there he narrowed his search down to the 3 companies whose brochures most appealed to him. He decided to begin making phone calls to these 3 companies immediately.

As he made his calls, each sales person sounded identical to the other telling him how long they’d been in business, why they different, and how happy they had made all their customers.  One specific sales person asked about his kids and right then and there the business owner was hooked.  He had made his decision on who he would buy from. It was this sales person who asked about his kids that he liked best. “She shares the same values as I do,” he thought.  She cares about my kids and my family. And with that he gave the order over the phone to purchase 5 super widgets.  He hung up the call excited to receive the purchase order in the mail the following week. In no time he’d be up and running with his super widgets.  In fact, it only took 3 – 4 weeks to receive them once his sales person received his signature on the purchase order and his payment in full. He sat back in his chair and thought about how easy buying these widgets was.  It only took a matter of weeks to educate himself and less than a month later to select a provider and have his super widgets in hand.  This was great…so he thought.

STOP THE PRESS!

Remember when? It wasn’t really all that long ago that this is how buyers made their purchasing decisions.  It’s how you and I both bought products and services.  It’s how we all shopped, considered, and purchased. We relied on the information we were “allowed” to have by the seller along with the claims and promises made by the seller relative to the value delivered by their products and services. We knew just what the seller was willing to release and not much more. You could say we were a lot like mushrooms just a short time ago.  Kept in the dark and fed a lot of….

But that’s all changed.  The age of the customer is upon us. She’s educated, connected, and socially engaged.  She wants information.  She wants a trusted advisor. She doesn’t want to be sold.  She doesn’t need to be sold.  She simply wants someone to help her along her journey, not the sellers journey, but her own personal journey.

If how you’re going to market still approaches the buyer like it’s 1999 I would ask two questions.  First, why? And second, how’s it working for you?

At the recent Digital Growth Conference in San Francisco, Jill Rowley, Social Selling Evangelist, talked about the disruptive buyer. A sales persons job today is to “facilitate the buyer on their journey, getting them ready to buy.” Quite a different and refreshing approach to selling.  A salesperson can no longer survive by having the brightest, shiniest widgets on the market.  They must have strong business acumen.  They must know how to use the tools at their disposal. Jill’s point of “a fool with a tool is still a fool” is quite thought-provoking.  It’s also still how many companies operate.  Produce the cool tool and let Sales run with it.  Bad idea.  Your buyers are way too sophisticated to simply follow the shiny bouncing ball. And not only will they not follow the bouncing ball, but they’ll kick it…hard…in the other direction making you have to chase after it to try to catch it.

Your job now is to be where the buyers are, and answer their questions where they raise them, when they raise them, and how they raise them.  Build it and they will come no longer works. Leading with the sale equals failure, while leading the buyer to the sale equals success.

Why as consumers don’t we want to be pushed, prodded or strong-armed into a sale?  We don’t like pushy sales people in our personal lives yet in business we direct our sales people to be exactly that. A robot can twist an arm, mail a piece of content, and do an online demonstration.  That’s not what the buyer is looking for when she finally engages with a sales person.  And forget value. All this talk about presenting value is overrated.  What is value?  In a recent study conducted by Sirius Decisions, the number one reason sales people lose a sale is because of the sales persons inability to effectively communicate the value proposition.

Your buyer is now the disruptor, more so than technology. She now drives the sales process, you don’t.  She has all the control because she determines what information she wants, from who she wants it, when she wants it and how she gets it. She has access to social platforms that provide feedback about you, your product, your company, your brand, your reputation.  She knows what you sell and how closely it delivers against your brand promise. The slightest disconnect between your brand promise and the experience delivered and you’re out of the game, kicked to the curb.

It’s your job to be engaged socially where she is shopping and learning.  You need to be there at the right time with the right content to help her through her journey.  She doesn’t want to be sold.  She won’t be sold.  She wants to be advised.  She wants information.  She wants hero stories…how others like her have benefited from following your recommendations.  She wants to feel connected to you and your company.  She wants to understand your brand…both brands…that of your company’s and you personally.  She won’t settle for anything less.

The age of the buyer has arrived.  Each buyer is unique.  Each is on his or her own personal journey. Each favoring different points along that journey where they need or want help. So are you still leading with a sale, or leading your buyers through their individual journey to a sale? It’s time to answer that question.