Performance management is an ongoing challenge in most organizations. Managers spend hours huddled over spreadsheets, analyzing employee performance metrics, looking for ways to improve performance and boost production. When mistakes happen – and they do happen – the bulk of the blame is often shoved off onto the employee. What leaders often fail to acknowledge is their role in the errors. This lack of leadership accountability can cause problematic issues to continue repeating. This, in turn, causes a decrease in employee morale as frustration and devaluation increase.
Chances are you've heard the saying, "You are only as strong as your weakest link" quite a few times. While this proverb is certainly a rather trite phrase, it is also very true, especially when it comes to your leadership team. No matter how uncomfortable or unpleasant it might be, it is necessary to evaluate every person in your leadership team to ensure everyone is contributing both the quality and quantity necessary. If you're not sure how to determine if you have the right people on your leadership team, here are ten tips that will help you do just that. After all…I’ve heard it before, maybe you have too; EVERY company is just one leadership team away from extinction.
No matter the size or shape of your enterprise, your business can benefit from coaching. Business coaching and mentoring comes in many shapes and sizes to fit your specific business needs. When you have coaches who can work with team members at each level, you can increase the chances of adopting systems and working models that are more likely to bring you success, such as an Entrepreneurial Operating System (EOS). Implementing company-wide coaching can seem like a daunting challenge. Use these steps to lead the way, clarify your vision and get a winning system in place.
The Entrepreneurial Operating System®, or EOS system, is a practical solution that guides entrepreneurs and business leaders to success. The simple concepts within EOS help leaders develop and communicate a vision, get traction across the organization, so that the team can move forward with the vision, and keep leadership teams healthier.
In any organization, there will be conflict. Knowing how to channel opinions and conflict the right way to get to the bottom of issues and move forward is key. There is a way to have a healthy conflict without disrupting the core foundation of the organization. Here are four ways to do this effectively:
Any small business coach worth their salt will tell you that company culture is a big deal. Company culture is what defines how the personnel within an organization interact with each other and how the team interacts with the world beyond the organization. This includes suppliers, vendors, partners, and your customers.
Your business model must have all the right components in place to make an impact within your industry, and having the right tools in place to carry out your vision is essential. Without the right team in place, your processes suffer, and you could lose productivity, which eventually translates into lost revenue. There are three main EOS operating system components that drive great organizations, find out if they’re a right fit for you.
Many people dream of entrepreneurial success. But, without direction, your small business will never be as big or profitable as it could be. By engaging with a small business coach, you can expand your potential and reach your goals. Not sure whether a coach can benefit you? It's time to call one if any of the following is true:
There is no doubt that a well-implemented EOS system will help you get what you want from your business. If
you are familiar with the EOS methodology, then you know that the secret sauce of strong leadership has three ingredients known cohesively as LMA – Leadership, Management, and Accountability. These three ingredients are a formula of sorts that work together to create an optimal environment for getting the most out of your business. See, when you combine leadership with management, you get accountability (L + M = A).
Every enterprise needs someone at the helm making decisions and setting a course for success. But, the way that a company is managed will have a lot to do with how successful it is and how well it retains talent. Management styles can be broken down into four basic types, each with their plusses and minuses. These types include: