Business Archives • Living to Lead

A Three-Part Plan for Finding Motivation

March 6, 2019 By Dave Ferguson Leave a Comment

Featured article by Dave Ferguson in CEOWORLD magazine. Reprinted by permission.

Leaders are often faced with the challenge of keeping their team motivated.

But…who motivates the leader?

Leaders are people, just like everyone else. And like others, there are times when they lose momentum, get weary, feel rudderless, or suffer from apathy. During these times, motivation becomes a challenge, even for those who are naturally goal-driven.

Who motivates the leader?

Ultimately, the leader motivates the leader. But when there is nothing left within, he or she must also know where to find outside help.

What can you do to get your motivation back?

This three-part plan, mostly crafted in advance, will get you back on track quickly.

1. Examine Your Wheel of Life

When you are off your game, it means some area of life is out of order. This is why, in coaching, the wheel of life is addressed on a regular basis.

The areas of the wheel are as follows:

Physical
Mental
Social
Spiritual
Relationships
Finances
Work

If you lack motivation, visit each area, and ask yourself if something in that area is de-motivating you.

For example, you may have just completed a major initiative. Work has had strong focus for weeks, with all hands on deck and high alert. But it paid off with a highly successful launch.

Yet, suddenly, on the heels of great success, you find yourself de-motivated. When you look at your list of upcoming initiatives, you feel a sense of dread. You can’t convey your enthusiasm to your team for the next goals because, frankly, you don’t have any enthusiasm.

This is a warning signal for you to check your wheel of life.

When you do, in this scenario, you will see how spending so much time on work has impacted other areas. This often happens without conscious awareness until you stop and examine each area.

Physical recalibration is one of the first areas to address. Good health is central to everything you do in life. It is a game changer. To regain motivation, first be sure you are rested, well-hydrated, nourished, and refreshed by physical activity.

Beyond that, look to the other areas that need to be adjusted. Perhaps as part of that work cycle, you tapped into a great deal of mental energy. You will need to refill the bucket.

Relationships are often impacted by a heavy work cycle, so be sure to spend some time with those who mean the most to you.

While many bosses will push themselves and their teams from one intense sprint to the next, with no break in between, wise leaders will pause between initiatives to refresh the wheel of life and allow their team to do the same. Even a short pause can make a difference.

2. Determine Your Personal Motivators

There are essentially four types of personalities, with varying combinations. Each type is motivated and recharged in different ways. For some, doing something active outdoors will quickly re-charge their batteries; while for others, being indoors and reading a book is highly energizing. Some are energized by socialization; others are drained by it. Motivators are different for each person, but every person needs them.

Identify yours ahead of time. Write them down. As a leader, it is not a matter of “if” you will need them; it is a matter of “when.”

Energy is everything to a leader. When you lack energy, do something on your list.

3. Identify Your Motivational Team

As a leader, you may not be a direct report; but you do need to create a system of support and accountability. You can do this by proactively identifying your motivational team.

A good motivational team will include four key types of members: mentors, partners, supporters, and mentees.

Mentors will guide you and hold you accountable during those times when you do not feel engaged.
Partners will provide the collaboration you need to ignite new ideas; and new ideas bring renewed motivation.
Supporters are essential to motivation. Those who support you will keep things moving, even when you need to step away and re-charge. Support comes from two facets: systems and people.
Mentees are often overlooked as part of a motivational team, but their role is critical. They give you purpose and a path to legacy. And there is no greater motivation than purpose.

It is important to identify your motivational team ahead of time so that when you hit a wall, you have a place to turn. Each of the four team roles is critical. If you short-circuit even one of them, you are short-circuiting your ability to experience full impact.

Are you a leader experiencing a lag? Be assured, this is normal. But staying there is not. Follow the plan above, tap into the resources you have identified, and your motivation will return.

PE 101

The registration for our next class is now open. I’m excited to once again be sharing the stage with Titus Bartolotta and others.

The program is four half-day group workshop-style sessions that, combined, make up a really amazing experience.

Where:
9820 NorthCross Center Ct.
Huntersville, NC 28078

When:
April – 12th & 26th
May – 10th & 31st

Time:
8am – 1pm

If you are interested, reach out to me directly (email Dave@LivingtoLead.com), and let’s get you registered. I’m giving away a FREE coaching session to a few early birds.

Dave Ferguson is “The Leaders’ Coach”, an internationally recognized executive leadership coach, speaker, facilitator, and author. Are you interested in talking to Dave about coaching or having Dave speak to inspire and motivate your team? “ASK COACH DAVE” at 704-907-0171 or at Dave@AskCoachDave.com.

Three Ways to Create a Legacy Management Plan

February 20, 2019 By Dave Ferguson Leave a Comment

Featured article by Dave Ferguson in CEOWORLD magazine. Reprinted by permission.

Several years ago, a rebranding trend made its way into the financial world. “Retirement Planning” became part of “Wealth Management.”

There are numerous reasons this change was made, one of which was the perceived value it created in marketing. Another interesting reason was because companies began to realize that “retirement” was not always the goal; and that using the term no longer resonated with their more active and engaged clients.

What most people desire, at any given point in their career, is purpose and fulfillment. Managed wealth allows them to be able to do what they most desire to do.

The sad part is that most put off the idea of purpose and fulfillment for when they can “retire.” They treat it as a delayed gratification that is only available after decades of doing work that they do not enjoy or find fulfilling.

What if you could have both a rewarding career and purposeful fulfillment in your work?

The good news is…you can. In fact, there are more resources available now than ever to make this possible.

Let’s say, for example, that you want to retire so you can travel. In previous decades, travel was normally limited to short weekend getaways or two weeks a year. Now, however, there are millions of people leading businesses and traveling on a more frequent or extended basis. Technology and the nature of business has made this possible.

For some, making a difference in the lives of others is a compelling passion, yet they have little time to do volunteer work. As a leader, you have a major opportunity to make a difference, not only after your career when you have more free time, but throughout your entire career.

How?

You can make a difference every single day by serving your team. You provide income to families who need it, and help people grow personally and professionally. In fact, leadership done right is one of the most fulfilling professions of all. It creates legacy.

Consider a certain CFO who managed to create a highly profitable company that served a city for decades. This company provided employment, and also created enough wealth to give back to the community. The CFO traveled the world, negotiating deals with leaders of major corporations; but she also was known to frequent the manufacturing floor. Board members knew and respected her immensely; and employees loved and appreciated her for caring sincerely about their well-being.

As she approached her sixties, she began to consider retirement. But given that she had been with the company for decades, replacing her proved to be a challenge. So, she stayed. One year…three years…ten years more. Finally, she was able to retire.

Not long after, she passed away from cancer.

Now some may consider it a tragedy that she had spent so much of her life working, only to have it end so abruptly in the prime years of retirement.

And it would have been tragic, except that she had fully lived every year she worked. She didn’t wait until retirement to spend time with her family, become an artist, write a book, help others, enjoy nature, or travel the world. She did those things while she worked; and in fact, they were integrated into her life on daily basis.

As an executive coach, I meet leaders every day who are sacrificing other areas of life in order to have a successful career. The impact takes its toll on their health, relationships, and their own personal development. These leaders will someday come to the end of a successful career only to learn that they cannot pack a lifetime of purpose into a few short years of retirement.

While there will always be limitations of time, and no one can do everything at once; there are ways to create an intentional life, where you live your values and find great purpose in your life and work every single day.

Here are ways you can create purpose and find fulfillment across your entire life, not just when you retire.

Know your values.

This is foundational. If you do not know your values, you will spend a lifetime in search of an undefined vision. Take the time to define your values. It has the potential to change the trajectory of your life.

Have you taken the time to identify and write down your three to five values?

Intentionally plan each day and week with those values in mind.

My top three values are addressed daily, and I have ways of keeping myself accountable to them. This has created a great sense of fulfillment, which has also carried over into other areas of life. Failing to plan intentionally means you will fall prey to the intentions of others. You will be living their purpose and not your own. Do this long enough, and you will be at the end of your life wondering why you never quite got around to living your purpose.

Do you have a system of intentional planning?

Click here for a complimentary copy of the Playbook for Setting and Achieving Goals.

Live your values now.

As a coach, I can tell quite quickly if someone is going to reach a goal. If I hear the word, “someday,” it is a pretty good indicator that they will never reach the goal.

But if they say, “I am going to write a book. I will write for one hour each day from (date) to (date),” I know that I am talking with someone who is living with purpose and intention. They know their values, have set goals, and are creating a habit to support those goals. In addition, they have made a commitment for accountability. These are all great indicators of success.

Are you taking action NOW to live your values and create legacy?

In addition to your “Wealth Management Plan,” do you also have a “Legacy Management Plan?” Like any investment plan, you get the best results if you start early, make regular deposits, and manage it carefully.

Leaders in Pursuit of Purpose

December 5, 2018 By Dave Ferguson Leave a Comment

You have accomplished a great deal as a leader. Maybe you started a business and hit your initial income goals. Or perhaps you have climbed the ladder of success in your field to a very high level.

Others look at your life and think you “have it made.”

But you know the dirty little secret.

Something is missing. You don’t know what…but something is missing.

While you put on your success face during the day, your nights are filled with restlessness.

While you go through the motions of your work and daily life, there is a sense of apathy, boredom, or dread.

The work you used to love now feels uninspiring.

You may realize your career success has impacted other areas of your life, and not in a good way. Perhaps your health, relationships, or sense of personal fulfillment have suffered.

You read books like Purpose Driven Life, and while the messages are good and sound, you still have that gnawing sense that something is missing.

That “something missing” is, indeed purpose.

Purpose is the driving factor of human beings. We are either living our purpose or searching for it, and it seems elusive. In a sense, purpose is our highest potential – it is the ultimate reason we exist. Even those who are living their purpose will plateau at times and experience a sense of rudderless-ness.

Here are signs you are struggling with purpose.

Boredom
Apathy
Dread
Lack of fulfillment, even though you have everything you need and more
Resentment toward those who are living their purpose
Fear that you may never find your purpose
Issues in other areas of life beyond work: relationships, spiritual, health, or personal finances, for example
Restlessness and feelings that something is missing
Frustration or anger

What to do when you are at these points.

Understand this is a normal part of being human

Humans are designed for purpose. Each of us comes equipped with innate strengths, and we have a unique blend of skills and life experiences as well. We seek to use these tools to fulfill our purpose. But we are human. We don’t have it all figured out yet. And that is okay. The act of seeking, striving, plateauing, and then resuming our pursuit is…life. The key is to expect the ups and downs of fulfilling purpose, and work with it.

Rest

It is hard to bring your fullest potential in your work when you are exhausted. As a leader, managing your energy is critical. You must be at your best in order to lead your team to be their best. Stephen Covey’s Habit #7 – Sharpening the Saw – is a critical habit for long-term success. In this day and age, more is expected of leaders than ever before. Competition is fierce. Margins are tight. Challenges are many. Sharpening the saw is not only a good suggestion; it is an essential life practice.

Look for a new challenge

Some leaders are blindsided when they reach a level of success – something major to which they have aspired – and then find they are not satisfied with that success. This is because there is still more potential.

The cure?

Rest, then pursue a new and higher challenge. You may not “feel” like pursuing a new challenge, but once you begin, you will once again resume your path to purpose.

Face your fears

Fulfilling your purpose and reaching your highest potential can be fear-inducing. What if you miss the mark? What if you pursue the wrong purpose? What if your ladder of success is pinned to the wrong wall? These are fears of failure.

What if you do succeed? This is the fear of success, and it has the same effect as the fear of failure – stagnation.

Give yourself permission to experiment, fail, and even succeed. Everything you learn along the path of life and work is of value to you in your pursuit of purpose. Don’t wait until you know your purpose – start from where you are, and purpose will reveal itself with more clarity as you go.

Focus on legacy

We often confuse accomplishments with purpose. Purpose is bigger than accomplishments. It is the core of who you are as a person, and what you leave behind for those who follow.

In this sense, you lay a path to purpose day by day, but you may never fully realize that purpose in your lifetime.

Think of the many authors, architects, artists, and leaders from history. Many died penniless, perhaps with a sense of purposelessness. But their legacy lived on, well beyond their lives. They had done what they were gifted to do, and that was their purpose. They may not have realized it, but their lives served great purpose.

Leaders would do well to seek to serve with the gifts they have been given, and let purpose unfold in its own time.

In the classical Christmas movie, It’s a Wonderful Life, George Bailey thought he had purpose. He was going to travel and see the world. He was going to have an adventurous life.

But the reality of his life took a different turn. He worked in his father’s struggling business, stayed in his hometown, married, had children, and lived in an old drafty house. His life seemed purposeless to him.

But when given the chance to see how life for others would have been if he had never been born, he realized his life had even greater purpose than he imagined.

As you go about your day-to-day life and business, focus not on purpose, but on service. How can you, as a leader, serve others? This creates legacy.

“The Bridge Builder,” a poem by Will Allen Dromgoole says it well.

When a man was asked…

You’ve crossed the chasm, deep and wide,
Why build this bridge at evening tide?

He said….

There followed after me to-day

A youth whose feet must pass this way.

He, too, must cross in the twilight dim;

Good friend, I am building this bridge for him!

Looking for a leadership development program you can use with your team? Check out the Boss or Leader: Lead and Learn Kit. It is affordable, effective, and provides high impact. Be a leader who makes a difference! Click here for details.

Five Ways Leaders Can Show Appreciation

November 21, 2018 By Dave Ferguson Leave a Comment

Those of us who grew up in the sixties and seventies may remember Rosie the Robot on the Jetson’s cartoon series. Or Star Trek, with its magical ability to transport people through space and time, and make food appear out of thin air. Back then, the idea of instant access, talking face-to-face via a TV-like screen, and having a robot do your work seemed like an out-of-this-world impossibility.

Today, most of these are daily occurrences.

We talk with people all over the world at the drop of a hat. Our refrigerator orders food that appears “out of thin air,” delivered by drones. And our appliances do our work, much like Rosie, but without the attitude.

We have come a long way in a few decades.

Or have we?

This automation comes as a two-sided sword. While it may bring convenience and time savings, it also pulls us more and more into a virtual world, where, if we’re not careful, we can lose touch with the reality of people and relationships.

This phenomena is evident in the business world as well.

According to Ranstad research, technology is having an impact in the workplace, with “over half feeling technology makes them feel less connected” and “more than 90% believing that a face-to-face meeting is the best way to interact with someone.”

To leaders, this can present a challenge, unless you realize that, at the core, the needs of people really have not changed. The mechanisms have changed, but the underlying needs are the same. Perhaps the generational gap is not quite as wide as we might think. This is why, when asked how to lead millennials, I say, “You lead them like you lead everyone else.”

The 11 Essential Needs of Employees apply just as much today as they have for centuries.

Despite increased autonomy, humans still have need for feeling valued. Feeling valued comes from having self-respect and being recognized for your contribution to society.

This is why people hang plaques and certificates on the wall, and why they will carry a tattered handwritten thank you note for years…or even decades. Sincere appreciation and recognition are not only “nice to have’s”…they are essential needs.

Leaders, let that register in your mind for a moment.

Your people NEED you to appreciate them and recognize their efforts.

When was the last time you registered more than a cursory “thank you” for a job well done? Do you want to create a team that is loyal to your cause and works well together? You can do this by simply meeting those 11 essential needs of employees, one of which is sincere appreciation for a job well done.

Here are some ways you can provide recognition:

Write a handwritten thank you note.

Be specific in recognizing the individual’s value to your team. What did they do, and what impact did it have? What is different about them that makes them a special part of the team, and what unique gifts and perspectives do they bring to the workplace?

Tell them thank you, and be specific.

This not only underscores what you appreciate, it also reinforces great behavior.

Tell someone else.

Sometimes, the best compliments are indirect ones. “Mr. Smith talked about you in our Executive Team meeting this morning. He said your work on the ABC project was extraordinarily organized, creating efficiencies that saved considerably on the overall project cost.”

This approach has dual effect – it makes the employee feel valued; and it raises the estimation of their value to other leaders as well.

Find a way to reward deeds well done in the workplace.

Employee of the month programs, special amenities, team lunches to honor those who have done well on a project…these things go a long way toward meeting an employee’s need for feeling valued. With these, be sure to look for and reward each person on an individual basis so as not to cause division. These are especially effective for group efforts, as it sends the message that working together well creates rewards for the entire team.

Give each person an opportunity to shine.

As we’ve talked about before, “set your people up for success.” And then, recognize them for their efforts. Your accomplishments as a leader are gratifying; but seeing your team members accomplish great things under your leadership is legacy. And it doesn’t get any better than that.

It is really not so hard after all, is it? Help your people succeed, and then thank them for it.

Take a look around at your team today. Who NEEDS a thank you? Who NEEDS a little recognition for a job well done?

Looking for a leadership development program you can use with your team? Check out the Boss or Leader: Lead and Learn Kit. It is affordable, effective, and provides high impact. Be a leader who makes a difference! Click here for details.

Eight Ways Leaders Can Set Their Teams Up For Success

November 7, 2018 By Dave Ferguson Leave a Comment

She was an awkwardly shy teenager. An introvert by nature, she retreated even deeper into silence when her parents went through a particularly nasty divorce. It was her only safe place. Those who knew her began to worry about her.

But one truly influential leader took action.

He asked her to be on a team and put her in a position that showcased her strengths. In doing so, he set her up to win.

As she worked to develop those strengths even further, the team began to recognize her value. As they worked together to win championships, the experience of being valued by others on the team and the achievements helped her to heal.

She went on to have a successful corporate career and now owns a thriving business.

What made the difference?

A leader who set her up…to win.

As a leader, are you setting your people up to win, or are you just setting them up?

We all know leaders who, perhaps inadvertently, set their people up for failure. They…

Don’t take the time to see the potential of each person and position them accordingly
Put them in positions that don’t match their strengths
Promote them into leadership positions without leadership training
Fail to equip them for the work required
Don’t communicate clear vision and expectations
Set goals that are too aggressive
Focus on how the team can serve them and not on how they can serve the team
Don’t do and say things to help the team see the value of each individual

Full Circle Leadership

When it comes down to it, beyond career advancement and high levels of income, what most leaders really and truly want is to make a difference.

One of the most significant ways to make a difference is to actively seek ways to set your people up for success.

To do this, you simply reverse the failure formula above.

1. Take time to see the potential of each person, and position them accordingly. See them as they can be, not as they currently are. Often, leaders look outside the organization, when the potential best employee is already in the organization. We have become accustomed to treating employees as expendables rather than focusing on long-term career development. There is a need to reconsider this approach.

2. Put them in positions that match their strengths, but challenge them to expand the boundaries of their comfort zones. This powerful “strengths plus growth” strategy builds not only businesses, but, more importantly, individuals.

3. Promote them into leadership positions, but provide training, coaching, and personal mentorship so they can climb the leadership ladder to its highest and most meaningful point: legacy.

4. Equip them for the work required by providing the team, tools, and training they need. If they have ideas for improvements, give them the power and the tools to make those improvements.

5. Communicate clear vision and expectations. The best teams are those who know the game plan and their role in getting there. Assessments show a distinct correlation between lack of clarity, and low productivity and job dissatisfaction. In short, if you aren’t clear on goals and roles, your productivity, profit, and attrition rate will be impacted.

6. Set goals that are challenging but attainable. Don’t set impossible goals for your team and then disappear, leaving them to make it happen. Bosses everywhere do this, leaving a wake of frustrated employees destined for failure. It is better to reach a challenging goal than to miss an impossible one.

7. Focus on how you can serve the team, not on how they can serve you. Set the example of servant leadership as the way you do business.

8. Do and say things to help the team see the value of each individual. Help each team member find their place of achievement and value on the team. If you are looking to minimize conflict, this is one of the best ways to do it.

When your people succeed, you as the leader succeed.

But when you build your people, you succeed beyond the norms of career and financial rewards. You succeed to a level of significance. This is legacy-level leadership.

Here’s the bottom line.

Building your people builds your legacy.

Tearing down your people tears down your legacy.

Failing to build your people is failing to build your legacy.

——

What can you do to get your motivation back?

1. Examine Your Wheel of Life

This is a warning signal for you to check your wheel of life.

2. Determine Your Personal Motivators

3. Identify Your Motivational Team

PE 101

The registration for our next class is now open. I’m excited to once again be sharing the stage with Titus Bartolotta and others.

The program is four half-day group workshop-style sessions that, combined, make up a really amazing experience.

Where: 9820 NorthCross Center Ct. Huntersville, NC 28078

When: April – 12th & 26th May – 10th & 31st

Time: 8am – 1pm

If you are interested, reach out to me directly (email Dave@LivingtoLead.com), and let’s get you registered. I’m giving away a FREE coaching session to a few early birds.

What if you could have both a rewarding career and purposeful fulfillment in your work?

You can make a difference every single day by serving your team. You provide income to families who need it, and help people grow personally and professionally. In fact, leadership done right is one of the most fulfilling professions of all. It creates legacy.

Here are ways you can create purpose and find fulfillment across your entire life, not just when you retire.

Know your values.

Intentionally plan each day and week with those values in mind.

Live your values now.

But you know the dirty little secret.

That “something missing” is, indeed purpose.

Here are signs you are struggling with purpose.

What to do when you are at these points.

Understand this is a normal part of being human

Rest

Look for a new challenge

Face your fears

Focus on legacy

“The Bridge Builder,” a poem by Will Allen Dromgoole says it well.

Looking for a leadership development program you can use with your team? Check out the Boss or Leader: Lead and Learn Kit. It is affordable, effective, and provides high impact. Be a leader who makes a difference! Click here for details.

We have come a long way in a few decades.

This phenomena is evident in the business world as well.

The 11 Essential Needs of Employees apply just as much today as they have for centuries.

Leaders, let that register in your mind for a moment.

Here are some ways you can provide recognition:

Write a handwritten thank you note.

Tell them thank you, and be specific.

Tell someone else.

Find a way to reward deeds well done in the workplace.

Give each person an opportunity to shine.

Looking for a leadership development program you can use with your team? Check out the Boss or Leader: Lead and Learn Kit. It is affordable, effective, and provides high impact. Be a leader who makes a difference! Click here for details.

What made the difference?

As a leader, are you setting your people up to win, or are you just setting them up?

Full Circle Leadership

To do this, you simply reverse the failure formula above.

Here’s the bottom line.

It is your choice, and you make it daily. Will you set your people up failure or for success?

Quick Links

Dave’s Recent Posts

Schedule a Consultation

Where:
9820 NorthCross Center Ct.
Huntersville, NC 28078

When:
April – 12th & 26th
May – 10th & 31st

Time:
8am – 1pm