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mybiztactics - latest hints, tips, feedback, research and insights relating to the Emotional Economy, staff performance, sales, Talent useage, marketing, coaching, profit enhancement, technology and executive / leadership coaching that you can apply in your day to day activities in your workplace.

  
   

Discovering the Power of The Emotional economy


 

 

"Profit-Prophet"
"More Profit in Less Time with Less Effort"

C
opyright © 1995-2007  Tony Dovale. All rights reserved

 Business is now too competitive to continue to use old paradigms for moving forward successfully.

We often discover leaders who are too long in the tooth to let go...of their old views of the way business used to be or should be. The old management styles are outdated... outmoded and to be blunt...usually counter productive in today's' times.

We need to adopt a new model of impacting performance. To increase performance, productivity,  and profits... we desperately need new way to identify, view and enhance the areas of potential improvement.

From our experience the following layered model could be a replacement paradigm or perspective to adopt as the foundation for ongoing continuous improvement (CANI).

Research shows that there are specific areas of focus and attitudes that directly affect the bottom lines (Triple)

The 14 Laws of Success in the Workplace

  • 1.Management listens
  • 2.Management values input
  • 3.Management is trusted
  • 4.Managers are good coaches
  • 5.Management communication is good
  • 6.Managers practice what they preach
  • 7.People treat others with respect
  • Be the best, not the biggest
    8.
  • 9.Management gets the best work out of everybody
  • 10.We have high standards of performance
  • 11.Quality of professionals is high
  • 12.Tolerate nothing less than high levels of client service
  • 13.People do whatever it takes
  • 14.We discuss strategic goals, not just financials
  • 15.We invest in the future
  • 16.The compensation system is fair
  • 17.Those who contribute the most are rewarded
  • 18.Enthusiasm and morale are high
  • 19.People are committed and loyal
  • 20.People are dedicated

Leveraging Your Actions - Profit leverage Factor

 

 

 

 

 

 

 

 

 

There are 9 prime factors/areas that are uniformly present in highly effective and profitable organizations:

1. Staff and Customer satisfaction is the no 1 priority.

2. Those who put their individual interests ahead of clients/ office are out.

3. Peoplewho contribute the most to the overall success are the most highly rewarded in a manner that is valuable to them.

4. Management gets the best work out of everybody through collaboration and accountable partnerships.

5. People are required, not just encouraged, to constantly learn and develop new skills and better attitudes.

6. A significant amount of time/resources is invested in things that will pay off in the future.

7. Respect and recognition is unconditional.

8. The quality of supervision/management is humane and uniformly high.

9. The quality of the staff is as high as can be expected.

(Material adapted from David Maister's research)

The model below is aimed at offering a layered approach to addressing the challenges we typically face in enhancing business performance today.

Each level builds on, and supports, the development of the previous level below. Experience shows that a weakness in lower levels can be detrimental to the development and growth of each successive level above. A weakness in the lower levels is carried all the way though to the higher levels as a flaw/weakness/leak. which can directly impact on performance and profitability.

Before we can fully maximise any level, the foundation levels below must be addressed and bolstered first.  Too often leaders are looking to rapidly enhance results by just turning up the "heat". This may work for a period of time... the only thing that you can be sure of is that this is not a sustainable process.

As an consequence, dangerously increased stress levels result, burn-out is inevitable, relationships (Home, work and client) begin to suffer, and eventually something has to snap. Energy levels plummet.

It does not help to throw money, time, focus and effort at a higher level, when issues on the lower levels are not correctly addressed.

Unless this is resolved, medium to long-term damage to a whole host of important areas becomes evident. The real challenge to this whole picture is that many of the underlying issues are almost invisible. 

And taking into account that TRUST is one of the major facilitators and catalysts of this multi-layered development, Leaders must become cognisant of the fact that TRUST takes a lifetime to build and a second to break".

If leaders are to lead effectively, they need to become more aware of the impact of their decisions and actions on the workplace. 

The leaders of tomorrow will be ENERGY directors and alchemists... Not command and conquer controllers.

Leaders of today-tomorrow will have create contexts where people can grow, perform and prosper.

Leaders will have to become cognisant of the skills and paradigm shifts required to effectively address these new dimensions or loose out on their top talent and profits forever.

For information on how you can pump up your staff’s performance with AQ coaching and customised workshops, contact Tony Dovale of Life Masters International. – 011 467-1763.Call 083-447-6300 for a FREE 30 minute intro session or presentation. email webcoach@coachfree.com

 Ends

 
 
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