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You are here: Home / Archives for good habits

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.

The 3-Part Process of Leadership Basic Training

April 5, 2018 By Dave Ferguson Leave a Comment

The 3-Part Process of Leadership Basic Training
Featured article by Dave Ferguson in CEOWORLD magazine. Reprinted by permission.

In The 11 Essential Needs of Employees, we noted the top reasons for job dissatisfaction. One of those reasons is that employees are unhappy with management and the way they manage.

This is why the first rung on the Leadership Ladder is “Leadership is a Priority.”

Good leadership doesn’t just happen by appointment.

Granted, there are those who are “natural leaders” to some degree; it is their inclination to take charge. But that doesn’t mean all natural leaders are good leaders. The fact is, some “natural leaders” can be really “bad bosses” if their natural talents are not trained in the right direction.

When an unprepared leader is assigned to a leadership position, it can result in disastrous consequences, leaving unhappy employees in the wake. Unaddressed, it can negatively impact the company’s bottom line.

As a leader of leaders, your main focus must be on training your leaders to be good and effective leaders.

How do you do this?

Here is the 3-Part Process of Leadership Basic Training.

1. Un-train

First, you un-train.

As an Air Force veteran, I can tell you that the first few days in basic training are not intended to be pleasant. They are intended to “un-train.”

We recruits came from diverse backgrounds, each with our own ideas as to how things should be done.

We each brought habits – some good ones, and many bad ones. The first few days were all about tearing down those bad habits – and even some of the good ones – to make room for better habits.

Some of us had attitudes. Those were untrained as well…and pretty quickly, I might add.

2. Train

The bad habits and attitudes were replaced with rigorous training for better habits and attitudes. This wasn’t just a matter of positive thinking. It required action…painful, arduous, push-to-the-limits action.

Creating strong leadership habits and attitudes also required repetition. It meant daily practice until the process of what to do was drilled into us so we could carry it out quickly, strategically, and with confidence.

The results of this un-training and training process transformed us from cocky young teenagers to a strong, confident team.

3. Serve

The problem with leadership in typical organizations is that there is no basic training for it. It is simply assumed that a person who is good at his or her job should be able to lead those who do that kind of work, or that someone who is tested and falls within a certain range on an assessment automatically qualifies for a leadership position.

You have an employee who excels in IT, for example, so you make him or her the IT manager. But soon you notice projects are falling behind, and you hear murmurings of discontent among his or her direct reports.

“He used to be our friend. Now he thinks he’s better than us.”

“She did a good job in IT, but as a manager, she’s out of her league.”

Why is it that this stellar employee now fails as a manager?

It often comes down to one issue: They were trained to do a job, but never trained to be a leader.

For them to transition well from being an employee to being a manager, they need to be un-trained on some practices and trained on some new ones.

Before a leader can serve well, they must be un-trained and trained well.

Your organization is all about people – the people who lead, the people they lead, and the clients and customers they collectively serve.

If your leadership team is functioning well at all levels, your clients and customers will be served well.

Are you, as the leader of those leaders, equipping them with the tools and resources they need to do  their jobs well?

Leadership Training Resources

Leadership training can take the form of books (at a basic level), workshops, retreats, extended leadership programs, or executive coaching, depending on the needs of the organization and individuals.

Where specific issues need to be addressed, executive coaching can help a leader push through personal or professional obstacles that may be holding them back, or get specific help in dealing with a situation. Executive coaching is also good for strategic planning and accountability, while also offering a confidential sounding board for ideas and issues.

Where teamwork is a component of the leadership training, we encourage group platforms such as workshops and retreats.

Where extensive training for leaders and teams is needed, an extended leadership program will give you and your team time to learn new principles, apply them in the workplace, and then review and refine for best results.

Living to Lead offers all of these, plus an innovative new option where you as a leader can lead your team through a 16-week leadership training program. We provide the tools you can take to your team for learning and application. With this option, you are learning and developing your leadership skills right along with your team. This gives you a chance to get to know your team and generate real solutions and ideas for your business.

To discuss and determine the type of leadership training and team development options that best fit you and your team, feel free to contact me at livingtolead.com/contact.


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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