Showing posts with label Performance. Show all posts
Showing posts with label Performance. Show all posts

24 September, 2015

Leaders Build Cultures

Warren Buffett has often noted that you build a reputation over years and decades, but you destroy it in a blink of an eye,. Well, Volkswagen just blinked.
The most critical work of an incoming CEO may be to rebuild and overhaul the culture where this sort of deception occurred, says Charles Elson, a governance expert.

#Viewpoint
The Volkswagen case is a rude reminder of the role leaders in creating organizational culture. Employee performance is a function of assumptions & behaviours leaders encourage, promote, or turn a blind eye to. And these assumptions and behaviours drive the results.

18 September, 2015

Commit to the Process

In the Bhagavad Gita, Lord Krishna advises to not let the fruit of action be our motive. Cartoonist Scott Adams, puts it as committing to a process, and not a goal.

Karl - John Persson,  CEO of H&M, may have that thought in mind when asked about his brand's targets for India. He said, "We never say, 'Let's reach amounts of stores or this sales target.' We want to deliver something fantastic for the customer. If we do that well,  the selling will come."

Leander Paes too must have thought along similar lines when he shared that all he does with doubles partner Martina Hingis is to keep her happy and relaxed. The tennis takes care of itself to produce wins such as the Wimbledon doubles championship.

16 September, 2015

The Path of Four-Way Wins


Stewart Friedman, founding director of Wharton's Leadership Program and the Work/Life Integration Project,  recommends pursuing the path of four-way wins. The path comprises practical steps to making things demonstrably better in four domains of of our life,  at work,  at home, in our community and our private life. To begin, do a quick  review to explore: what's important to you,  where you focus your attention and how things are going in each of the four domains. Use some of the the thoughts and experiences of the people given below, help to generate ideas for experiments to better align what matters to you to what you actually do. Design experiments in which you are deliberately aiming to improve your performance and results in each of the four domains.

    1.   Expand your Knowledge
Scott Adams, creator of Dilbert cartoons, believes, every adult must have working knowledge of; Public speaking, Psychology, Business writing, Accountancy, Design (the basics), Conversation, Overcoming shyness, Second language, Proper grammar, Persuasion, Technology (hobby level) and Proper voice technique.

       2.   Declutter you Mind

"To compose, I need to be happy and to have free mind space, " says A.R. Rahman the Oscar winning music composer, and Leander Paes, winner of the US Open Mixed Doubles title along with Martina Hingis says, "if I can keep Martina happy,  if I can keep her relaxed,  the tennis I don't even have to worry about. "

Focusing our motivation results in our single-minded immersion and harnessing of our emotions into performing and learning. The emotions are not just contained and channeled, but positive, energized, and aligned with the task at hand.

     3.     Dance with your Emotions
"A relationship is like a dance,  says Indian classical dancer Anita Ratnam, "sometimes you are close, sometimes you pull away;  there is passion, anger and forgiveness;  and much like a dance,  the relationship will end one day." 

Every relationship has its share of a range of emotions - most, if not all are impermanent, changing with time, context and our personal and mental growth. Let us make the best of our relationships in our time in the world.


     4.    Accept the Past
"Not surprisingly,  I find myself thinking about that slippery substance - the past - and the infinite variety of human attempts to make peace with it.  The impulse to freeze it into tradition,  to tame into verity,  these are common options.  But just as readily available is that other inconvenient choice,  so seldom exercised - the choice to wonder at it,  too accept it's essential non- graspability." Arundhati Subramaniam in book review of Keki N Daruwala's book Fire Altar in HT


      5.   Accept your Ignorance
"Belief means something that you do not know. You want to assume and bring a certainty to something that you do not know. says Sadhguru Jaggi Vasudev.  "That means you are concretising your ignorance.  There is no need to know everything.  What I know, I know. What I do not know I do not know."


       6.    Establish a Routine
For geniuses, a routine was more than a luxury - it was essential for their work…Charles Dickens took three hours walks every afternoon - and what he observed on them fed directly into his writing. Tchaikovsky made do with two hour walks, but wouldn’t return a moment early, convinced that cheating himself of the full 120 minutes would make him ill. Beethoven took lengthy strolls after lunch, carrying a paper and pencil with him in case inspiration struck. Ernest Hemingway tracked his daily word output on a chart “so as not to kid myself”. Arthur Miller said, “I don't believe in draining the reservoir you see? I believe in getting up from the typewriter, away from it,  while I have still things to say.” 

        7.    Measure What You Can Control
Film director Ashutosh Gowarikar's advice to  actor Abhishek Bacchan - do not measure your success by how your film fares at the box office - because that is not within your control.  Measure your success by how you fared with the goals you set yourself for the film. Their success is within your control.

         8.     Be Resilient
"The hardest time to Captain the team is when your are not scoring runs and that's when your character and of leader you are outweighs your own form. The team needs the Captain to be a strong person who enjoys other people's success and sees the bigger picture. " Brendon McCullum, New Zealand skipper.

         9.      Create Lasting Emotional Bonds 
"In every situation, says Deepak Chopra, make it a habit to ask the key questions of emotional intelligence: How do I feel? How do they feel? What are the hidden stumbling blocks? A leader who can answer these questions will be in a position to create lasting emotional bonds.” 


Call to Action
The result of undertaking the practice of the four-way win is a greater sense of control and freedom living in ways that are consistent with what you're passionate about, what you really care about. When people take even a small step that's under their control, that's intentional and that's in a direction that they choose, they feel better about their lives and about the people they're affecting with their actions on a daily basis.



26 May, 2015

Living our values

A 22 year old heir to a large infrastructure company believes luxury lies in work and relationships, not materialism. "Unity of family, companionship of friends, and faith in God..."  are the luxuries, he believes one should truly strive for. "More than anything," he continues, "I like to meet new people and learn about their viewpoints. That's like a luxury to me."

The three luxuries the young man talks of, reflect his personal core values. Values are the practices we use (or should be using) every day in everything we do.


They form the foundation on which we perform work and conduct ourselves. In an ever-changing world, core values are constant.  Core values are not descriptions of the work we do or the strategies we employ to accomplish our life purpose, our Dharma.  They  underlie our work, how interact with each other, and which strategies we employ to fulfill it.


Reference: ET Panache

Picture source: everyoneagreeswithtom.com

25 May, 2015

Making life changes

'Amazing transformation' of Rahul Gandhi, says Omar Abdullah,  referring to the change in Rahul after his 56 day sabbatical. He doesn't know where Rahul went, what he did, or what this transformation is down to.  But, says Omar, he would try to learn, because there were lessons to be learnt for himself as well.
He also hopes that it doesn't mean he has  to disappear for 56 days.
Life Lesson
The first step in our learning,  development and growth is to know what it is we want to learn. Though the last of Omar's comment may have been half in jest, it is a useful pointer to an understanding that in our desire to learn and grow, we may not necessarily follow the exact steps and process our inspiration may have followed. 
A useful process for change is to develop a foundational theme around which we want to grow our competence.  The foundational theme serves as a core around which we can weave our everyday experiences of listening, understanding, talking, writing and reading. The themes make learning holistic, and help to tailor the lessons to suit our needs and personality.

Some of the themes  could be;
Courage/Fear
When you have unrealized dreams, but hesitate to go after them in the fear of disrupting what you already have.

Habits
This one can be used when you are disorganized and seriously wishesto put your life in order and want to get rid of dis-empowering habits.

Personal Excellence
This one helps when you wish to improve the overall quality of your life and not just in a few specific areas.

What do you think Omar Abdullah foundational theme could be?

What's yours?

20 May, 2015

The Right Place at the Right Time

When they first started making cars, Sir Henry Royce, and his partner, Charles Rolls, would build them near Savile Row, the London street where the city's top tailors had their establishments. They would urge their customers to have their coaches finished with trimming to match favourite suits and gowns.
Source: http://www.hubspot.com/inbound-marketing

Management Learning: Whether at life or work, being in the right place at the right time, with the right product, increases the chances of successful outcomes to your endeavours.

20 September, 2013

Business Leaders Should Walk The Talk

Today's Corporate Dossier carries a story on how the young bunch of managers at Airasia - the latest low-cost airline about to be launched in India - are actually  living the philosophy of 'low-cost'. 29 year-old Gangtok-born Ningku Lachungpa is in charge of the ancillaries.As part of shoring up ancillary revenues, she is doing her bit to understand every discipline to live up the tagline of making more people fly. As part of this effort, Lachungpa takes the suburban train every morning from near the airport, where she lives, to her spartan 600 sq.ft. office, situated atop a mall."When I come to the office in a taxi, I don't put down that down in the office expense as each of us are aware that even a Rs. 10 saving is a saving."

Similarly, when Aditya Ghosh, CEO of leading low-cost airline Indigo and his boss Rahul Bhatia, MD, had to go for a meeting of the private airlines' captains with the Prime Minister, they travelled in a small, unassuming hatchback. 
Indigo Airlines CEO Aditya Ghosh (L) and MD Rahul Bhatia (R)

The rest came in their fancy limos.

Living the management philosophy
In the Puranas, as mythologist Devdutt Pattanaik, explains, Vaikuntha, the abode of Vishnu, is the land of happiness. It is a playground or ranga-bhoomi and is described as a place which attracts Laxmi, the goddess of wealth. Vishnu always attracts wealth and is popularly worshiped as Shri-nath or Tiru-pati which means lord of affluence and abundance. On the other hand, Indra the king of the devas, who resides in his paradise, Swarga, is constantly chasing Laxmi, and trying to prevent the asuras from taking her away.The fundamental difference between Vishnu and Indra is that Indra thinks only of himself and his shareholders. They all feel entitled, like shareholders. On the other hand, Vishnu thinks of everyone - his employees, customers, shareholders, vendors, society at large, in other words - stakeholders. Thus ensuring affluence and abundance.

At times, business leaders and senior executives forget that the people they lead are closely watching their every move and action.  When leaders start living out the key brand proposition and what their company stands for, with actions such as the ones cited above, it can go a long way in inculcating an ideal organizational culture. A culture which results  in more sales, more growth and more profits, making every stakeholder - employees, customers, shareholders, vendors, society at large happy!

So, would you like Vishnu, attract wealth, or like Indra, chase it? The choice is yours.

02 April, 2012

Coaching For Ethical Dilemmas


Recently, I came across an article from Fast Company, The Nine Faces of Leaders which dealt with the attributes FedEx uses to identify it's potential leaders. Among the nine,one was Integrity. Now Integrity to my mind, is colored with shades of both moral as well personal values, as a result of which,  Integrity based leadership-decisions are likely to be fraught with personal and professional  conflict. Having written my last blog piece on the subject of Managing Value Conflicts, I was curious to understand the  definition of this attribute, and since the Fast Company article gave only an edited version, I decided to explore a bit more for the complete version. This, I found, was how FedEx explains this leadership attribute


Integrity; A leader with integrity adheres to a code of business ethics and moral values, behaves in a manner that is consistent with the corporate climate and professional responsibility, does not abuse management privilege, gains trust/respect, and serves as a role model in support of corporate policies, professional ethics, and corporate culture. 

In my experience as a coach, I have found clients having to deal with conflicts managing their personal vs. business values everyday in the memos on their desks, in their engagement with difficult employees and in their negotiations with their clients. Finding it challenging to adhere to a code of business ethics and moral values, they look to a coach to help them work through their conflicts. I have often found coaching in these situations to be less than easy. How, exactly, should I help them clients think through their ethical issues, what questions should I be asking, and what are the factors I should consider? 

Hence my attempt to create my personal framework for coaching clients with ethical dilemmas.Hope it helps you too!

The Five-Step Ethical Coaching Framework
Manuel Velasquez is a professor of Business ethics and the author of a widely used text book.In their article Thinking Ethically: A Framework for Moral
Decisions Making he and his associates describe
five different approaches which philosophers down the ages have developed to deal with moral issues. 

More important, he and his co-authors offer a useful 5-step framework for coaches to help their clients explore ethical dilemmas and to identify ethical courses of action.

Step 1: Recognize an Ethical Issue
  1. Could this decision or situation be damaging to someone or to some group? Does this decision involve a choice between a good and bad alternative, or perhaps between two "goods" or between two "bads"?
  2. Is this issue about more than what is legal or what is most efficient? If so, how?
Step 2: Get the Facts
  1. What are the relevant facts of the case? What facts are not known? How can I help the client  learn enough about the situation to make a decision?
  2. What individuals and groups have an important stake in the outcome? Are some concerns more important? Why?
  3. What are the options open to client for acting? Have all the relevant persons and groups been consulted? Have?How can I help client  identify creative options?
Step 3: Help Client Evaluate Alternative Actions
  1.  Ask following questions to help client evaluate the options:
  • Which option will produce the most good and do the least harm? (The Utilitarian Approach)
  • Which option best respects the rights of all who have a stake? (The Rights Approach)
  • Which option treats people equally or proportionately? (The Justice Approach)
  • Which option best serves the community/organization 
    as a whole, not just some members/employees/stakeholders? 
    (The Common Good Approach)
  • Which option can lead client to act as the sort of person he wants to be? (The Virtue Approach)
(For details on the Approaches click here)
Step 4: Make a Decision and Test It
  1. Considering all these approaches, which option could best help client address the situation?
  2. If the client told someone he respects-or told a television audience-which option he has chosen, what would they say?
Step 5: Help Client Act and Reflect on the Outcome
  1. How can the client's decision be implemented with the greatest care and attention to the concerns of all stakeholders?
  2. How did the decision turn out and how can I help client review learning from this specific situation?

Coaching for Ethical Practices
Dov Seidman is a consultant who helps corporates develop values-based cultures, he believes that in the 21st century, it is no longer what you do or what you know that counts most. It is how you do what you do that has become the greatest source of advantage. We are deep into what he calls the 'era of behavior'. 


By using The 5-Step framework coaches can help their clients to work through their moral and value conflicts, and shape behaviors for conceiving and re-conceiving how they can build for growth. 

14 November, 2011

How to Attain Mastery in Coaching


I have often reflected on this - is there one, and only one true model of coaching that really, really works? Especially so because, in nearly all my client interventions over my last eight years as a coach, I have believed in experimenting with a wide variety of tools and approaches to enable client's to successfully achieve their goals. I have debated on the merits of this approach with other coaches in several coaching forums and I have realized that opinions seems fairly divided between two schools - the Fundamentalists and the Evolutionists. The Fundamentalists are usually graduates of coaching schools who believe that only the model or the approach they have been trained in, is the best. In the case of Business coaches, Fundamentalist come from particular specialization who believe that only their expertise area is the one that will work for a business client. For instance, somebody coming from a finance background would tend to believe that a business coach’s job is to increase the cash flow of the business from operations and nothing more. While profits are the lifeblood of every successful business, the success of strategic planning systems such as the Balanced Scorecard suggests that financial goals are achieved from a seamless integration of several other perspectives as well. On the other hand, there are the Evolutionists - liberals and experienced (self-taught) coaches who believe that one's coaching model needs to evolve and develop with the individual coach's experience. Diane Lennard, author of Coaching Models: A Cultural Perspective supports this Evolutionist school of thought. She believes that in coaching, just as no two clients are the same, no two coaches or coaching approaches can be exactly the same. She is a proponent of the belief  that coaches apply their cultural backgrounds, interests, and experiences to their coaching and factor in their own insights, experiences, successes and learning to support the client. This, says Lennard, can result in stronger and more authentic coaching interventions.

As an Evolutionist, I have always believed that a coach needs to continuously improve on his coaching approaches by experimenting with different models. I have personally constructed several models based on various behavioural, cognitive and management (both business and self) theories and incorporated them into my coaching in the light of my personal experiences. In addition, I have a whole bunch of assessments and graphic aids, all designed to help clients achieve their goals in a manner suited their needs, expectations and capabilities. I am therefore of the view that coaching is a craft, which requires to be worked on constantly to attain mastery.

So, how can we raise what we do as coaches from a mere mechanical process, to the level of a craft? To do this, we must first understand what exactly constitutes craftwork.

 What defines Craftwork?
Howard Becker , an American sociologist known for his studies on occupations, identified three criteria for an occupation to be termed as craftwork:
  1. Craftwork should produce a useful product or service.
  2. Craftwork should be done for, or on behalf of someone else to fulfil that person's need for a useful product or service
  3. Craftwork in addition to function and focus on the end user, should involve innovation 
Let us explore each of these criteria individually;
1. Craftwork should produce a useful product or service: Becker defines this dimension as a "body of knowledge and skill that can be used to produce useful objects." For practitioners, examples of craftwork could be of park construction to provide aesthetic experiences and opportunities for physical activity and supplying clean drinking water efficiently.

For coaches to elevate their coaching to a craft would require acquiring and perfecting a body of knowledge and skill which can be used to produce successful client interventions.
         
2. Craftwork is done for, or on behalf of someone else to fulfil that person's need for a useful   product or service: Becker describes this as consisting of the ability to perform in a useful way to suit individual needs..

In coaching, the clients are diverse and the perception of usefulness of the coaching intervention depends on the coachees'  goals and different notions of how to achieve their goals. A coach is required to make a diverse set of  people and groups identify a not the, strategic goal and move them toward, and implement it successfully.
Secondly, according to Becker, for an activity to be called craftwork, requires it's usefulness to  be          evaluated externally - by     individuals and groups of people.

For coaches to raise their work to a craft would require them to explore different ways and means to successfully guide their clients toward achievement of their goals. Positive client feedback should be the only measure of the coach's success.

3. In addition to function and focus on the end user the work should involve innovation: Many years are required to master the physical skills and mental discipline of a first-class practitioner. An expert, or one who has mastered the skills is one who:
  • has great control over the crafts material, can do anything with them,
  • can work with speed and agility,
  • can do with ease the things that ordinary, less expert craftsmen find difficult or impossible.
To elevate their coaching to a craft, coaches have to acquire an extraordinary control of material and techniques and be able not only to do things better than most others, but also to do more things.

Now that we have understood what a coach requires to do to raise the level of his coaching to a craft, let us see how he can go about doing it.

The Road to Coaching Mastery 
The following is a suggested 3 step process to transform your coaching approach from a mechanical process into a craft, and attain mastery of it.

Three Steps to Coaching Mastery 
Step 1
Follow the Rules:  Begin by choosing a coaching model - either the one you have been trained in by your coaching school, or one of your choice. Follow and practice this model thoughtfully and rigorously. After each coaching intervention, check with clients on the benefits they have derived from the session and reflect on the  clients' as well as your own experience. Study the method in the light of this new found understanding and factor the knowledge into your subsequent coaching interventions.

Step 2
Break the Rules: Over a period of time with rigorous use and observation of the results of the practice of the chosen coaching model, you will begin to build up a body of understanding of what works and what needs to be improved further. Factor the insights and experiences into your subsequent coaching interventions and carefully monitor the success of your improved model of coaching. Keep a close watch on the impact made on clients by constantly taking their feedback.

Step 3
Ignore the Rules: To recap, you began with your chosen coaching model, progressed to factoring your insights and experiences into your modified version of the coaching model, and continulusly validated its impact. You have have now arrived at a point where you can start ignoring the rules. So rather than relying on someone else's method, you can now confidently begin to incorporate your individual perspectives, skills, knowledge, experiences into devloping your own coaching model/s. You could also start to explore ways of incorporating the knowledge and understanding of your culture to influence your coaching orientation.

For instance, the Indian cultural dynamics are quite different from that of the the West (see my blogpiece Decoding the Desi Dynamics). You can begin to examine how you can factor these into your own coaching model. As an Indian, it would be also be useful to look at using Krishna as a useful model of a coach, mentor and facilitator.

Apart from using your model with your client, you could also use it as a personalized tool for reflecting on your coaching process and practice. This should facilitate continuous learning and improvement of your coaching effectiveness.

31 October, 2011

A Coachee's Improvement Log Page #2

Reading through this page from a client's notes, you would be surprised at how obvious and simple some of the points noted are. This then is the power of coaching - bringing the obvious in plain view and most important, creating an awareness about the need for change.

The Continuous Improvement Process
"We should properly train ourselves for professional methods of marketing. Attend the inquiries properly, meet customers queries, educate them about plus points of our products. Follow up in a decent manner and obtain orders from clientele. Involvement of all staff is important. *Introduction of incentives is a good step in this direction.(1) Share the information about progress with staff and let them be partners in the growth.(2)"

"Action steps
  1. What: Prepare the cost and price statements with all data on competitors
          Action: 
  •   List incoming cost and outgoing prices
  •   To change the style of marketing meetings - the results should be important.
         By When: Immediate"

*1,2: My comments: These were the 'eureka'  moments for the the client
  1. Client used to give rewards randomly i.e. whenever he felt someone had done his job well. This was good leadership quality, I remarked and related an incident from the life of Alexander to reinforce my point (link http://managementnotes.blogspot.com/2011/07/7-leadership-lessons-from-alexander.html). Then I proceeded to suggest to him that linking the rewards to certain specific actions, targets and objectives would prove more effective.
  2. Client was of the opinion that it made no sense to share information on sales achieved and y-on-y or q-on-q growth. I was pleasantly surprised to see he had included this point in his recap 

25 October, 2011

A Coachee's Improvement Log Page #1

After every coaching session, my coaching clients write a log of the awareness created, clarity, and learning during that session.They also commit to actions they will take as a result of the new knowledge, which serves as an action review template for the next session. Reproduced below, with the client's permission,  is page # 1 from a coachee's session log. His priority was to improve his Customer Service for which I employed the learning methodology of See, Plan, Do, Check and Fix model (see visual). The process was not linear and I went with the flow of the client's thought processes. 

SESSION COACHING OUTCOMES
Session #1                   Date: XX/XX/2011

My Awareness-Action Cycle
  • I need to properly encourage staff members and middlemen to find out ways to improve sales and after-sales services. 
  • I need to give more attention to incoming inquiries, attend them in an improved manner and do something positive to generate good business.
  • There are areas which need my personal attention.
  • Marketing should be given more time and attention.


Next Steps
1. What : To discuss with staff  
    Action: Ways to improve sales
    By when: This week

2. What: Reports
    Action: Improve management reports and implementation
    By When: Today
3. What: Follow-up personally
    Action: Attend sales inquiries personally
    By When: This week
4. What: TimeManagement
    Action: Find ways to save time
    By When: Immediate

19 October, 2011

How the Coach Helped the "Keen to Grow" Butterfly

The Monarch butterflies are great performers - every year they travel vast distances of upto 2000 miles! During their migration they cover upto 50 miles per day and they travel at speeds of upto12 miles per hour! Now why do you think the Monarch butterflies perfom this stupendous feat? Beacuse they have been doing so for generations. But there was this one ambitous Monarch who wanted to do more. He had four burning desires;
  1. To learn new skills
  2. To perform better.
  3. To develop himself and
  4. To reflect on  what he did.
He wondered who could help him fulfil his heart-felt desires, till one day he read (he was the reading sort, as you can see) about how coaches help people who desire to excel. So he checked out the various coaches featured on Linkedin and landed up at one who he thought could help him the most.  The coach was busy, but noticing the eagerness in the eyes of the Monarch and the determined flutter of his wings, he decided to listen to what the butterfly had to say to him. The Monarch explained the purpose of his visit and began by describing about the annual migratory habits of his species, he told him how they had been doing so for generations, and how he wanted to go about it not by instinct, but in a planned and well thought out fashion. Through all this, the coach had said not word, but the Monarch noticed that he had an encouraging smile on his face as if to say 'Go on, tell me more!" 

And so the Monarch proceeded to ask the coach his first question; "I want to hover in the air like a hummingbird so that I can survey the terrain better!"
The coach smiled, and asked him,
"And how soon would you like to fly like a hummingbird?
"Who could help you with it?"
"What's your action plan?"
"When are you going to start?" 

The coach's questions had the Monarch thinking, he realized he had never really thought about his desires in this way! And so he proceeded to ask his second question, "I want to fly higher, better and more efficiently!"
And the coach responded,
"How high exactly would you like to be flying?'
"What techniques are you using at the moment to achieve that height?"
"What other techniques are there, which you haven't tried yet?"
"And what else could you do to acheive that height even faster?"
"OK. Now show me what your action plan is, how you're going to measure your progress and what you'll do when things get tough." 

With every question the coach asked him, the Monarch was beginning to think of his issues in ways he had never before done! He was starting to get clarity about his priorities! And so the Monarch proceeded to ask the coach the third question. "I want to take the next step."
And the coach said,
"So, you want to be hummingbird? Cool! What can you do now to make that happen?"
"And what else?"
"And how are you going to get those things you say you need?"
"How else?"
"When I look at a hummingbird I see feathers, and when I look at you I don't see any feathers...(silence)...To what extent are feathers neccessary?" And how are you going to solve that?"

The Monarch was now in deep thought, slowly a plan for achieving his desires was beginning to form in his mind, but he still had one more question to ask him and he proceeded to do so, "I wonder," he said, "whether butterfly-ing is all there is, and whether I functions as I should?"
And the coach replied,
"Whether this is all there is" and "Do I function as I should?" are two different questions. Which question would you like to focus on today?
"Suppose you have the answer to that question: how does that feel?
"What is the effect of having answered it?"
"What has changed?"

And finally, the pieces began to fall in place for the Monarch. He had the answers to his questions for the fulfillment of his burning desires - and he had thought all of them himself! The coach had offered him no solutions for fulfilling them, but what he had done was far more invaluable - through his powerful questions, the coach had provided, 
  • a higher and deeper perspective to his thinking,
  • an objectivity to his assumptions and
  • clarity about his priorties for achieving his dream of excelling at all the things which he had up to now, done only by instinct. 
Going to the coach was like going to a mental gym, the ambitous Monarch had come out stronger and well-toned in his thinking and raring to go out in the woods and put his plan into action!

He said a heartfelt thank you to the coach and flitted away with a new flutter to his wings.

This piece has been inspired by the delightfully creative blog article A Butterfly goes to a coach by Sandro DaSilva.

08 October, 2011

Hi-5s to Your Business Improvement

Every day, newspapers and TV news channels in India keep telling us of the dark clouds of political uncertainty in West Asia and North Africa, unemployment in the US and the Greek debt. And then there are the ominous whispers that more news – bad of course – on the debt front from Italy and Spain. Are things really that bad? Is it all gloom and doom?

The Economic Times recently surveyed 22 CEOs of large businesses to rank 10 issues on a ‘headache scale’ of 1 to 10, where 1 stood for the ‘least headache’ and 10 for the ‘worst headache’. The most important conclusion of the study was that in India, consumer demand would continue, that top line growth would remain intact and that we can weather a global crisis. This will come as good news to all those business leaders who may have started to grow jittery, hearing all the global bad news. So then, what does Indian business need to worry about - if at all? It is the high input costs which could end up hurting their profits. And it is this situation of shrinking margins that is likely to give business heads, especially from the SME sectors, sleepless nights. And sleepless nights, as we all know, can lead to rash decisions. So what should they do to deal sensibly with the current situation?

In my experience of working with owner-managed businesses I have noticed that most, if not all of them, are so deeply operationally involved in the day-to-day managing of their businesses that they rarely give time and thought to put in place a long-term directional view of their businesses. Renny Thomas, of McKinsey & Co attributes this neglect to the fact that up until recently, India was in a period where lack of a meticulously planned strategy did not matter as much since the growth areas were obvious. But with increasing competition from Chinese and other foreign competitors, coupled with shrinking margins, business heads have realized that it is no longer enough to go with the flow. It’s time to move beyond the present and start planning the future with purpose and intent and desired results in mind.   

So where do you begin? Here are five ways to kick-off your change process:


1. Assess Your Company’s Current Status: Put everything on the table, both the good and the bad. Include areas of the business you are proud of and problems you wish would just go away. Address issues relating to staff, products and services, location, profitability, and new business development.
Hi-Fives to Your Business Success


2. Review The Past: Look carefully at your past marketing efforts, successes, and failures. If you are running a marketing program but cannot justify its expense with increased sales, consider cancelling it or placing it on hold. Successful marketing turnarounds stop the bleeding quickly.

3.  Analyze Competitive Activity: Often, a new entry in a market will use new marketing techniques and follow new thinking to achieve sales that you didn’t know were possible. Evaluate objectively, to achieve a successful marketing turnaround, you must do what is best for your company.
3. Rethink Your Business: Keeping your learning from the earlier three steps in mind, think again, about current customers, competition, industry changes, and technology. Rethink your business model. Many successful businesses have managed to stay successful by moving with the times. They saw that the needs of their customers were changing and acted accordingly. Be flexible to adjust to new opportunities and challenges.
5. Be Quick. Act quickly on your plans to marry the short-term to the long-term. Speed and flexibility are essential in turning a company around.
And don’t give up - giving up too early may result in your falling short of the great success your business was destined for.Act consistently and diligently on the five ways and you could have success dancing on the palm of your hand!
And in case you need help; I have more than10,000 hours of Buisness coaching experience of supporting business-owners such as you. I can help you reach your business goals faster, achieve higher and become stronger! For contact details click on Contact tab above.

05 September, 2011

On Why CEO's Procrastinate. And What They Could Do About It

And when is there time to remember, to sift, to weigh, to estimate, to total?
                                                                                                   - Tillie Olsen
From my years of coaching CEOs, one of the important understanding is that the first and most prominent challenge for CEOs in the pursuit of their goal is - procrastination. In other words, getting started on the key priorities that will make their biggest ideas a reality.The reason for the procrastination? The threat of uncertainty.

Timothy M. Pychyl, who specializes in the study of procrastination has an explanation for this on his blog. According to him, people when faced with a task about which they are uncertain on how to proceed, experience negative emotions and threats to self. To cope with this experience, they end up delaying the task, escaping the negative emotions and rationalizing the choices they make. I have had CEOs come up with all kinds of excuses for not implementing the tasks they had committed to. Excuses such as "I cannot think beyond a three months planning horizon" (to delay their long-term planning exercise). Or "My customers insist on speaking only to me and not my subordinates" (to avoid delegating to them). Or even rationalizations such as the executive in the cartoon below.

 What such CEOs are doing is that instead of self-regulating their behavior to stay on task such as mustering their creativity to make a plan of action, they self-regulate their emotions. Mood for them, takes precedence. While useful in the short-term in terms of mood repair or protecting self-esteem, this short-termism can have serious long-term consequences for their companies. Consequently, they end up undermining their company's, as well as their own performance.

Strategist and author Kaihan Kippendorf, is right on target when he says that most CEOs invest their energy at any one time on four initiatives:

1. Wastes of time: hard-to-execute ideas that would have little impact on their achieving their goals. 
 
2. Tactics: easy-to-execute ideas that will not significantly impact their success. 

3. Winning moves: easy-to-execute ideas with huge impact. 

4. Crazy ideas: difficult-to-execute ideas that, if you could figure out how to make them happen, would really make a difference.

Investing Time Wisely
If they have the best interests of their companies at heart, and wish to invest their time and energy more efficiently, CEOs should practice the following.

  • Dump the Wastes of Time and focus energy on more productive activity.
  • Execute the Tactics or the easy-to-do stuff of the second , but bear in mind that they are not strategic priorities.
  • Attend to the Winning moves NOW.
  • Instead of dismissing the Crazy ideas as "go to the moon" ones, spend their time figuring out how to make them feasible.

To begin practice, they should ask themselves two questions: 
( i ) If I successfully executed this initiative, what impact would it have on my ability to achieve my goals? and 

( ii ) How easy is it execute this initiative?

An an even better way; they can get themselves a Business coach who can support them to question themselves in sifting and weighing their options and estimating chances of success. And most important - remember the commitments they made to themselves!

To know more on how I can help you, check out my website http://arurbizcoach.com/

21 August, 2011

Move Over Visioning. Enter the Future Story

Jeremy King is an English restaurateur whose interview with Vir Sanghvi appeared in a recent issue of Brunch. Asked what his principles for starting a new hotel were, Jeremy made a point which appeared to be of particular interest to me for my Visioning workshops which I conduct as a strategic coach. This was about how every hotel must have a back story. 

A back story is an essentially cinematic concept. What it means is that the events you see on screen have a background, a story that explains their provenance, even if we don't have to confront that back story in the actual plot. An example is the story actor Michael Caine created around his role as the butler in the Batman series. He fleshed out a story about how Alfred the butler was a former British commando who took up to cooking on difficult postings and who went to work for Thomas Wayne (Batman's civilian avatar) when he retired. This story helped Caine to not only understand Bruce Wayne's motivations, but also to understand Batman's world of violence. Moreover with his commando background, the butler could actually help Batman in his fight against crime. All this Caine made up because he reckoned nothing made sense with out a back story. 

Jeremy applied the same principle to the new hotel he is opening in London's Oxford Street. According to the story,  the hotel was built in the 1920s by a rich American who loved London. It was the toast of the town, Then as the American owner went back to the States and the hotel fell on bad times and was sold to a modern chain which destroyed its character and now King and his partner are renovating it to recover its lost lustre. None of this of course is true, so why bother? Because, says King, it gives the new owners, the architect, the designer, the management and the staff an idea of what the hotel should be. They don't just say, "Let's convert this office block into a hotel." They say, "What would the hotel have looked like at its peak in the 1920's?"And while designing the rooms, they ask themselves, "What would a luxury hotel built in the Jazz Age have offered to its guests?" The back story serves as reference point for everybody in the same way that Alfred's back story told Michael Caine how Alfred would react to any situation. According to King unless a hotel had a convincing back story, it failed in the long run.

Source: Philantopic
Source: Vision Ohio
 And this brings me to the connection between the back story and the 'future story' people can create for their companies. Just like a well-thought-out and crafted back story serves as a reference point for everyone involved with the project of building or renovating a hotel, a carefully crafted future story can serve as a fleshed out story of future success in companies. The individual stories help people to understand the dreams and concerns of their colleagues, and the stories lead to significant themes around which an energizing  and motivating picture of the future can be painted. The resulting one story, embodying critical themes from all the stories, helps to create an irresistible pull which acts like a compass, a battery pack, and a talking map all in one.

So instead of making people rack their brains and go thorough an exhausting day(s?) of a  Visioning exercise, move to the Future Story, it will enable your people to:

  • make up stories, plausible or fantastic, to paint the future
  • understand organizational issues better because they are presented in the form of a story
  • sort out and describe what has happened to oneself or others, often with a richness of context and detail, and often with great relish
  • envision chains and webs of causation
  • build scenarios and to plan and think strategically
  • resonate with the stories of others; to see another's viewpoint when presented with the stories which underlie or embody that viewpoint
  • to discover themes in the events of the story
  • to recognize (or select) certain elements as significant, as embodying certain meanings and to draft a road map of the future
And finally, don't forget to tell your people to give their stories a touch of the cinematic. The  gloss, and shine will illuminate the future everyone can look forward to.

To make it a shining beacon to the future.

References:
  1.  http://www.co-intelligence.org/I-powerofstory.html


15 August, 2011

Decoding the Desi Dynamic

With more and more Indian executives being posted abroad - especially in booming sectors such as IT, Pharma and FMCG, Indian companies have felt an increasing need for the chosen people to be trained in the culture and the ways of the country of posting. This has meant the rise of a new breed of trainers in culture and special classes for country specific culture training to help such executives fit smoothly into their new roles.

But have we ever stopped to think about the Indian manager who is about to take up a position outside his native state? Have we ever thought of the need for training such individuals to quickly settle down into their new roles they are about to take up? Why do I say this? Hear what some expat CEOs have to say. Kwon of Samsung believes serving in India is like serving in many countries. Michael Bonham, who is the Ford India CEO supports this view. When he shifted to Delhi after spending nearly three years in Chennai, he actually thought he had shifted to a "different country."  So how does one go about learning about these countries within a country and our cultural traits and attitudes?  How does one go about decoding what the Economic Times calls the desi dynamic? Learn from the experiences of expat CEOs posted on Indian shores. Why? Because they notice things which we as Indians don't and they put a light on attitudes which we take for granted.

For many of us our attitudes and beliefs about different communities are the cultural stereotypes handed down to us from our parents and friends, (the Bong is sentimental, the North Indian is aggressive etc). And these become the drivers influencing our behavior and responses to people from these communities which can come in the growth path of executives who aspire for leadership roles. For, as Jacques Challes the Managing Director of L'Oreal puts it, "India is about the future of business." Moreover Challes believes that in India "you are constantly building" unlike his own country France, where everything is static. Since the business of business is primarily about managing people, and the Indian environment is one of constant change, where do we begin? With one of Challes observations.

Challes has observed that the power distance between the field staff and the highly educated managers at headquarters, is so big, that they are not able to communicate effectively. The loss in translation is the reason why strategies created at the top are often not executed efficiently in the field.

The Indian manager has a unique set of attitudes, knowing which, can help us grow quickly in our leadership roles

So how can managers cut this loss in translation? How can s/he improve execution of his or her painstakingly planned strategies? The learning about the desi dynamic of the expat CEO trying to settle down into his leadership role in India, holds important lessons for us. 

Yves Martinez of Legrand has discovered that its not enough to set targets and issue instructions to his managers you have to take time to convince the internal teams. "...people want to understand what they are doing, they want to take time over it." 

Benoit Lecuyer, the MD of Hager Electro believes that management in India is more personal and therefore managers have to make people the centrepiece of business and life. Instead of calling large meetings with 50 people, they should call the managers for one-to-one discussions. This  helps the manager and his senior to get to know one another better.

Kiminobu Tokuyama CEO of Nissan Motors seconds this view when he observes that Indian managers are rich with ideas and views but in business meetings, they do not express any disagreement with their bosses. "My constant effort," he says. " is to create an atmosphere of mutual respect, trust, confidence and fearlessness and thereby enable free flow of honest opinion from all."

A very important insight comes from Neil Mills, CEO of Spicejet. He calls for dealing with people as individuals and not as members of a community. He believes that there is no such thing as a common Indian culture, for instance, a person with a south Indian name could be more north Indian, because he has lived in Delhi all his life. This means one has to tailor the way instructions are given to people based on their divergent backgrounds and not as a Marwari, Tamilian, Bengali etc.

So there you have it - the desi dynamic decoded. Now to set about internalizing and validating the observations in our corporate lives and leadership roles.

Pause. Think. Go.

Flash back It was several years ago that I met him on a Bombay Walk - the ones where they take you around to see and learn about the colonia...