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Four “A’s” to Full Power

October 10, 2018 By Dave Ferguson Leave a Comment

Four “A’s” to Full Power
Image Credit: Shutterstock

 

The word “potential” has its roots in the Latin word “potentia,” meaning “power.”

I like to think of a person’s potential as the power within them. Potential is the power that drives us to do and be more, to go higher, and advance forward. Full potential is essentially “full power.”

The boiling point of water is 212 degrees. It’s the difference between water and steam…and steam will drive a locomotive. That is the power of full potential – it is reaching that one degree of difference.

(If unable to view the video above, please click here.)

As a leader, are you operating at full power?

Is your team operating at full power?

If not, why not?

Human nature being what it is, I don’t know of anyone, including myself, who expresses full potential every day of their life. This is where habits come into play – habits help to harness the power and keep you on track. But there are times when you or your team (or both) get off track and lose power.

How does this happen?

External Factors – These are things that happen to us. This can be the result of other peoples’ actions and outside circumstances. Maybe you were about to hit a high water mark in your business, and a major vendor canceled their order. Or you were a strong contender for a promotion, and the decision makers chose the other candidate. Perhaps you had a comfortable nest egg built when the economy tanked. Or something happened in a relationship that is affecting other areas of your life. These are external factors that can affect your potential.

Internal Factors – Internal factors are those things that happen from the inside out. They are rooted in spiritual, physical, or mental patterns. Perhaps you have a revenue goal in your business. You come close every year, but fall just short of the goal…every single year. Or you know there is something you can and should do, but you don’t do it. You fear failure…or perhaps you fear success. You may lack the confidence to step up to the next level in leadership, or have team members who do.

Potential can be affected by your physical condition as well. I am often asked why I take time to ride a bike or work out at the gym. It is because physical strength powers every other area of my life – and it does the same for you.

How can you get to higher levels of power across your team?

1. Assessment

With any coaching client, this is the starting point: “Where are you now?”

On a scale of 1-10, in each area of life (spiritual, physical, mental, vocational, financial, relational) they rate their current status.

Many find there are several areas that are weak. They also may notice how one area (for example, physical health, affects other areas). The gap between where they are and 10 on the scale is “potential.” It is room to gain power.

As a leader, this is a healthy exercise to do at least once a year. It is also a good idea to have your team members do this as well. While you may deal with them on a vocational level, those other areas have the potential to affect that one area…and they therefore have an effect on your entire team.

2. Achievements

Simply put, this step is about asking, “Where do you want to go?”

The percentage of people who always write down their goals is estimated to be around 13-20%. Yet, the act of writing down goals and visualizing them gives you 1.2 to 1.4 times the chances of actually reaching them, according to studies.

So you identify the areas in need of power, and then you define what full power looks like. Once you have done that, you simply need to define the next step.

As a leader, think of your team. Where is there a lack of power? Then visualize where you want to go – the goals you want to achieve.

3. Action

Now ask yourself and discuss with your team what it would take to get there.

  • Do they need tools?
  • Are their individual strengths applied in the right areas?
  • Are they in a position that lets them use their best abilities?
  • How are the team relationships?

Each of these has potential impact on power. And as you address each one, the power of your organization will increase.

4. Accountability

I have learned the power of coaching in my own life. There are times when I struggle with one of these facets – maybe I know areas of my life lack the power they had, but I need help identifying those areas. There have been times where I really wasn’t sure what I wanted to do next. Clarity can be hard to ascertain from an inside perspective. And, admittedly, there have been times when I knew what was causing a power drain, and I knew where I needed to go…but I just couldn’t bring myself to take action.

This is where accountability comes into play – it is the linchpin for gaining full power. Accountability to yourself, a system, or a coach – whatever works for you – but you need to be accountable in order to reach your full potential.

Are you and your team operating at 212 degrees – full power?


 

 


Dave FergusonDave 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.

Five Things Leaders Should Know about Coaching

August 29, 2018 By Dave Ferguson Leave a Comment

Five Things Leaders Should Know about Coaching
Image Credit: Shutterstock

 

There is a lot of talk these days about companies attempting to establish a coaching culture in their organizations.

Many are training their leaders in coaching to integrate the coaching into their organizations. Some coaching and leadership companies have actually developed “train the coach” or “coach the coach” programs to facilitate some of this.

Being an executive leadership coach, I am all for leaders being taught how to coach their teams. However, I have seen some of the programs, and they go against some of my deep beliefs around coaching.

Let me share with you just a few myths on coaching, and then you can decide the route that is best for you and your team.

  • A coach must be an expert in a certain industry.

Nothing could be further from the truth. If you hire an industry expert to coach you, all you will get is the best practices for your industry. That sounds a lot like consulting to me.

I have and do coach in many industries, and none of my coaching is about the company widget. It is about you as the leader, other people, your organization, your vision, what you are thinking, and where you would like to go.

  • A coach has to be in control.

When you use a guidance system while driving, is it in control of the car or are you? The same goes with coaching. A good coach guides the process; they don’t control it. The coaching client should drive the agenda, while being open to questions about thoughts, challenges, and more.

  • A coach can fix your problems.

Believe that one, and I have some property in the Everglades to sell to you.

Let me be very clear, coaching is not about “fixing” people.

Treating people as though they are broken or wrong is judgment at its worst. I will agree, we all need some fine tuning, but one person’s “broken” could be another person’s “fix.” Sure, people who get stuck and are being held back by limiting beliefs can benefit from coaching; but you don’t want to reserve all your coaching budget for what you see as your most challenging people.

Get coaches for your middle and top talent. A good coach will stretch their talent and capabilities.

  • A coach has to be perfect.

Well, let me just say, if that was true, I wouldn’t be a coach; and you certainly wouldn’t be reading this article.

What exactly is perfect anyway? I’ve never seen it or met it. Have you?

A coach should be trained, experienced, and recommended.

  • A coach has to be liked all the time.

Now, that one is funny. Don’t get me wrong. I love my clients, and most of the time, they love me (I think); but it is not my job to make my clients happy. I am a coach, not a clown.

When you challenge peoples’ thoughts, actions, inactions, communication, etc., there are going to be days you are not liked much.

I remember coaching a professional athlete who owned several businesses. He fired and hired me back (usually the next day) more times than I can count. All in all, we worked together for about five years.

If and when you make the decision to add coaching to your leadership platform, be prepared to change the way you look at people, situations, challenges, opportunities, and more.

You will start to see your role as a leader differently.

You will go from constantly feeling like you need to have all the answers, to engaging people with questions that help them discover the answers they seek.

This is what true coaching is all about. Whether you are seeking to train your leaders to coach or to be coached, I would welcome a discussion about the coaching possibilities for your organization and how the approach would benefit you and your team.

If I can be of help in this regard, contact me.


Dave FergusonDave 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.

Leadership: Should You Be Selfish or Selfless?

August 15, 2018 By Dave Ferguson 1 Comment

Leadership: Should You Be Selfish or Selfless?
Image Credit: Shutterstock

 

There’s a common conception out there – merited in some cases and falsely assumed in others – that those who lead only care about themselves.

In Boss or Leader, this type of selfishness would be a “Boss” indicator. And though it is not true of a good leader, it is pervasive enough to have stereotyped leadership as being all about the leader, with little regard to the success of his or her team.

I’d like to eradicate that problem from its roots.

Are you a selfish or a selfless leader?

Definitions of these two words indicate the difference between the two comes down to whom you care about most.

To be clear, we each have both these traits. No one is truly altruistic. Selflessness is about having less self, but not totally losing yourself in the process. It is about balance.

As leaders, we must practice selflessness and beware of decisions and actions based on selfish motives.

How can you test your motives in order to keep “self” in balance?

  • “Selfish” indicates you are most concerned about yourself – your image, performance, and desires.

When faced with a decision, is your first thought, “What’s in it for me?” This is such a common trait that it has its own acronym these days: WIIFM. Do your people see you as a WIIFM leader?

When your principles are tested, do you think, “How will this make me look?” or “What will I lose if I stand firm on values?”

When it comes to setting goals for your organization, is your decision swayed by your own personal goals and desires instead of what is best for the company and its employees?

  • “Selflessness” stems from being more concerned about others than you are about yourself.

When faced with a decision, is your first thought, “How will this help the company and people involved – employees, stockholders, and customers?” Is this a win-win-win situation for everyone involved, or just you as the leader?

When your principles are tested, do you stand by them, no matter the cost?

When setting goals, are you willing to do what is best for your company and your people, even if it is not best for your own personal bank account?

Years ago, there was a story about a business owner whose employees had done exemplary work. As a result, his company was awarded a major contract. This golden goose was the one contract that could have sealed his wealth for the rest of his life. He could have taken the proceeds and retired. Instead, he split the proceeds with every single employee in the company. He was a great example of a selfless leader.

Now you might think he lost a great deal by being selfless in this instance; but his actions toward his people gained him even more loyalty and respect. And his company went on to garner even more high-end contracts because of the reputation of the owner and his people.

Who is a stronger leader – a selfish person or a selfless person?

Many think a selfless leader is weak – that they simply give in to the will of their people.

This could not be farther from the truth. It takes strength to make difficult, unbiased decisions. It takes character to overcome the urge to make those decisions with less regard for self and more regard for the organization and its people.

It takes strength to stand on principles as well, and to pay the costs that come with doing so. In actuality, being a selfless leader takes more strength than being a selfish leader because it requires that we go against our natural human nature, which draws us to protect our own interests, even at the detriment of others.

Being a selfish leader is easy.

You only have one person to please and one person to look out for…YOU. But if you have ever had to get into shape, you know that “easy” does nothing for you. In fact, “easy” is how you got out of shape in the first place!

Have you ever had someone say, with regard to a meeting, “I will be there at 1:30-ish?”

What does that mean?

It means you will likely be waiting past 1:30 p.m. It means they are not sure or can’t commit to a specific time. It means their plans are somewhat undefined.

The word “self-ish,” has similar connotation. It means you are not fully committed to someone or something. It means you are undefined and uncertain.

This is that root of which I spoke.

Selfish leadership very often stems from uncertainty and lack of commitment. While it may appear to be the stronger position, it is, ironically, the weaker one.

The real reason leaders become the subject of gossip around the proverbial water cooler is rooted in selfish leadership – and selfish leadership is centered on self, instead of others; position instead of personal connection; and weakness instead of strength.

Effective leaders genuinely care about and are supportive of employee success. They engage and connect with their teams.

They are principled.

They are selfless.

Will you make the choice to be a selfless leader?


Dave FergusonDave 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.

Five Ways the Best Leaders Connect

August 1, 2018 By Dave Ferguson Leave a Comment

Five Ways the Best Leaders Connect
Image Credit: Shutterstock

 

It is the source of common frustration: a bad cell phone or Wi-Fi connection.

When this happens, you can’t hear the other party clearly. You each waste precious time moving around randomly, and asking, “Can you hear me now?”

Conversations are fragmented. The message conveyed may not be the message received.

A bad connection can lead to missed appointments, wasted time, miscommunication, misunderstandings, and an overall impact on productivity. No wonder a bad connection is frustrating!

This is what happens when a leader has a bad connection.

When we as leaders do not clearly connect with our people, it creates frustration for everyone involved, and it impacts results.

The good news is, you can restore the connection by following the example of those who connect well.

Here are five ways the best leaders connect.

  1. They prepare themselves.

Good connection starts from within. The best leaders take time to connect well internally, with themselves. They also seek outside coaching and mentorship to stay sharp.

It is easy to perceive that everyone else is the problem, and this inward-outward growth approach helps the leader gain full perspective. Most find it easy to see problems with others, but overlook areas wherein they need to improve. The most successful leaders recognize they must understand, prepare, and correct themselves, in order to establish the best connection with others.

  1. They connect well with others.

This can be a challenge for many in leadership positions. Unless conscious effort is made on the part of the leader to connect, a position can be a barrier to connection. As we talk about in The Leader’s Ladder workshops, being appointed to a leadership position is a first rung, but it does not have the impact that comes with higher rungs.

Climbing requires effort on the part of the leader, and those efforts are all about making great connections with others.

Beyond its effect on the leader personally, actively connecting with the team leads each team member higher as well. This is leadership development, which is yet a higher rung on The Leader’s Ladder.

The best leaders ask great questions, listen, and show they care about others. They strive to find common values or interests that connect them deeper. A team that has a common vision aligned by common values, where a leader is effectively orchestrating connection, is a winning team.

  1. They build trust.

Trust, as a verb, means “to believe.”

When you believe in something or someone, you have confidence in them.

To build trust, leaders must be believable so those who follow will have confidence in their ability to keep their word, do their part, and follow through on expectations set.

The best leaders…CARE.

  • Clarify who they are from within
  • Are sincere in their reactions
  • Remain open to feedback
  • Ensure their actions match their words
  1. They manage conflict.

If you have worked with people for even a short time, you know that nothing goes as smoothly as you would like when interacting with people. The best leaders embrace this, knowing that some tension can be healthy for a team. They also know it must be monitored and guided.

When a conflict arises, these leaders don’t hesitate to jump in and make sure morale and productivity are not adversely affected by it. They open up communication, and make sure that everyone involved in the conflict has a voice. And they guide the individuals in bringing solutions that fit the goals and restore the team to singleness of purpose.

  1. They merge the team.

The best leaders know that a team of individuals who work well together will be more productive.

They find ways to constantly connect the team members to each other, the mission, the vision, and the results needed. They look for ways to cultivate relationships within and outside their team.

The right connections, when merged to work in sync with each other, have the potential to create phenomenal results.

As a leader, do YOU have a clear connection – with yourself, your team, and your mission, vision, and goals?

The choice is yours. You can have fragmented connections that produce less than stellar results, or you can have crystal clarity and connection that produces results that extend well beyond your expectations.


Dave FergusonDave 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.

The LOYALTY Formula

July 18, 2018 By Dave Ferguson Leave a Comment

The LOYALTY Formula
Image Credit: Shutterstock

 

It was a tough quarter…again. Sales were down, and expenses were high. One facility required major remediation in order to get back into compliance, a fact which only further exacerbated the problems the company had been having for some time.

At a time when strong leadership was needed to turn the ship around, the CEO was disconnected. He was in his newly acquired office having thousands of dollars of custom cabinetry installed the day a division of over 300 employees got the pink slip.

When his assistant asked what he planned to do about the numbers, he said, “What do you expect me to do?”

It should come as no surprise that within a year, the entire company was dissolved, and thousands of other employees were out of work as well.

Throughout the process, the CEO was questioned as to what was going on and what he planned to do about it. He blamed everything and everyone – from current events, to competition, to stockholders, to his own management team.

But he failed to accept responsibility for his own actions – or more accurately, a lack thereof.

As a result, he essentially sealed his fate and the company’s as well.

What he didn’t realize was that, just outside his door was a powerful team who could have helped him save the company. But he had failed to engage and connect with his management team and his employees. They had entrusted him with their livelihoods, and he let them down.

One of the 11 essential needs of employees is Loyalty.

It is knowing that leadership “has your back” as they expect you to have theirs. Loyalty generates the kind of security in a company that makes everyone want to succeed, not just for themselves, but for all involved.

And this leader didn’t have it.

How can you as a leader exemplify and inspire LOYALTY with your team?

Listen!

First and foremost, listen to your people at all levels. A good leader will purposely get to know his or her people well enough for them to offer honest feedback and share ideas. If you have a suggestion box, by all means, read the suggestions and act on those which would be of benefit to the company. Honor your people by simply listening, and they will honor you by letting you know if there is something that needs your attention.

Own Responsibility

It is easy to blame others when things go wrong; but a truly effective leader will take responsibility. If an employee makes a mistake, yes, they should be accountable. But the leader should also be accountable for helping the employee evaluate and remedy the situation. The old adage that “everything rises and falls on leadership” has stood the test of time for a reason.

Yield the Floor

Contrary to popular belief, you as the leader are not expected to have all the answers. This should come as a relief to many. The best leaders surround themselves with experts in diverse areas. If there is something you don’t know as a leader, tap into the power of your team and yield the floor to an expert. You will be glad you did! Not only will this solve your problem…you will also gain a bit of that person’s wisdom as well.

Ask Forgiveness

Here’s a news flash – leaders are not perfect. Problems come when we pretend to be. The truth is, we are all learning how to lead together. If you make a mistake, don’t know an answer, or handle a situation in less than stellar fashion, own up to it. Admit it, ask forgiveness, and move forward in a better direction. Many leaders don’t want their people to know they are fallible. But acknowledging that you are helps your people to be transparent and growing leaders as well.

Leave Your Office

It is easy to get trapped in a corner office. People come to see you. Phone calls ring in. Paperwork lands on your desk. These are all things that can keep you behind closed doors when, at times, you need to be out and about. Take time each day to meet a new employee or to go out with another business leader or mentor. As that show, Undercover Boss, reveals: you learn a lot about your company when you leave your office.

Trust

Trust is hard for many leaders. It means you are placing some part of your success in the hands of others, and that is a point of fear. But the thing about trust is that it works both ways. If you hire good people and empower them to do their work well, then trust them to carry out their responsibilities, they will more often than not surprise you with their level of trustworthiness. It is not as much about them earning your trust (as is the common thinking on this matter), but about you trusting them first.

Yoke Up with Your Team

There are times when all hands are needed on deck. You have no doubt been on teams where everyone is scrambling to meet the leader’s deadline – canceling their evening plans to make sure the work gets done. And the leader saunters out of the office at 3:00 p.m. to get a haircut. What kind of a message does this send to the team? A good leader will roll up their sleeves and dive in to help when needed so everyone can leave at a decent hour.

These small habits, regularly engaged, build loyalty. They let your team know you value them, and in turn, they value you.

Do you want a team that “has your back?”

There’s a very simple solution…

“Have theirs.”


Dave FergusonDave 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.

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