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Three Ways Embracing Imperfection Will Make You a Better Leader

November 15, 2017 By Dave Ferguson Leave a Comment

Three Ways Embracing Imperfection Will Make You a Better Leader

People are not perfect. Shocking, I know!

Quite the opposite, actually. And our imperfections are often publicized and picked apart by our critics. Dealing with these criticisms can be a true test of our leadership mettle. The first step to overcoming them is self-awareness.

If you are aware of your weaknesses – and willing to work on them – you have the opportunity to use imperfections to your advantage.

I have guided multiple C-level leaders through the practice of translating weaknesses into strengths. In the end, they have all come out stronger and more refined leaders for their organizations.

Here are three ways you can work through your weaknesses and become a better leader today.

1. Mistakes are not failures, but learning experiences.

People often overlook the value of learning as you go. We like to have all the information before starting an endeavor. This is the ideal — which is hardly ever a reality. Imperfect people make mistakes.

A mistake shows that you’ve attempted something new, and signals that you need to alter your process. Mistakes can be great because, through them, you can stumble upon a solution. Becoming a better leader is about recognizing many of your successes happen through “mistakes.”

2. Not being able to “do it all” allows you to delegate to your team and take advantage of their skill set.

This is such an important aspect of becoming a better leader. The greatest advantage of working with and in a team is that everyone brings something unique to the table. As a whole, your team can operate as a “super-charged” employee — but to achieve success, you must involve your employees in some of the decision-making.

It is important to note that imperfection also binds people together. Showing vulnerability is an attractive quality because it displays your humanity.

Employees are more likely to take risks and be vocal about ideas they have when they feel empowered.

Just be careful that vulnerability doesn’t morph into insecurity.

3. Translate your “laziness” in one area into “focus” in another.

As imperfections go, laziness is one that is most looked down upon in our corporate culture.

The entire premise of laziness is that you would rather be doing something else — so harness that! Turn your attention to other projects for a while and procrastinate productively.

There are a few tasks that likely cannot be delegated or avoided. The trick to checking them off your list is three-fold:

  • Schedule a specific time to complete them.
  • Devote the time required to execute your schedule.
  • Reward yourself when they’re done.

By skipping one or two of these steps, you are setting yourself up for failure. Follow through and watch your leadership influence strengthen.

Getting Back on Track

Low self-awareness, poor delegation skills and laziness are innovation crushers. They indicate a lack of passion. It may be time to start looking for new ventures that get you excited again.

Brainstorm new ideas. When you come across one that just won’t go away, visualize the steps needed to put it into action.

When it comes down to the basics of imperfection, it’s critical to realize we all have them. Discuss imperfections with peers and mentors. Share your deepest weaknesses and put together action steps to overcome them.

This accountability will do wonders for your walk as a leader.


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.

A 10-Step Process for Creating Work-Life Separation

November 8, 2017 By Dave Ferguson Leave a Comment

A 10-Step Process for Creating Work-Life Separation

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

I like work-life separation, not work-life balance.
If I’m on, I want to be on and maximally productive.
If I’m off, I don’t want to think about work.
~ Dave Ferguson

There are way too many of us trying to juggle way too many responsibilities, all at the same time. You have seen it in meetings – a leadership team is gathered around a conference table, with most team members distracted by text messaging, shuffling papers, and “multi-tasking.”

You have seen it on the highways, often with dangerous consequences.

And you see it in restaurants as families eat together but don’t speak to each other. We are in one place but never fully focused. We fool ourselves into thinking we are highly productive, all while feeling more and more stressed because, in reality, we are not.

The devices and practices that were supposed to create work-life balance have actually created a significant and unproductive imbalance.

There is a need, not for work-life balance, but for work-life separation.

The fact is, there is no such thing as work-life balance. It’s a myth many chase. Essentially, there are seven areas of life: Faith, Work, Health, Relationships, Finances, Home, and Personal Growth. If you work 40 hours a week, you cannot possibly give 40 hours to each of the other areas in order to create a time balance between your work and the other six areas.

You intuitively know that. Yet, what do you do?

It is likely you attempt to multi-task, as in the examples above. This makes you feel like you are balancing work and life quite well, and being highly productive – but if you ask your team, your spouse, or your children, what would they say? Do they have your full attention when you are with them?

The case for work-life separation.

There is great value in the ability to focus on life one area at a time, giving it full focus with maximum productivity. In times past, this was somewhat attainable. You may have worked late at the office on occasion, but when you left the office, you were generally able to leave your work. In this age of technology, however, the work is always with you.

It has come to a point of addiction.

How do you create work-life separation?

Following the example of a program to overcome addiction, you can take these steps to gain focus and create targeted success, not just in your work, but in all areas of your life.

1. PROBLEM – Admit you have a problem that is out of control.

For varying reasons, people get addicted to work. For some, it is the adrenaline rush of getting results. For others, it is the fear of what happens if they don’t work. As with any addiction, it is either driven by pleasure or by pain…and more often than not, either way, it ends in loss. Heart attacks, relationship issues, or loss of “self” are often the outcome. Executive burnout is an issue we often address in executive coaching sessions.

2. ASSESSMENT – Determine which 1-3 areas of your life are most out of balance.

Take a personal inventory – and be real about it. For each of the seven areas of life, give yourself an honest assessment – a rating on a scale of 1-10. Many draw this out as a “Wheel of Life” – and the end result is very unbalanced wheel. As a leader, you may be tempted to falsely inflate the wheel, but be real and honest in your assessment. As noted above, the first step to fixing a problem is to first acknowledge it exists. As you are assessing the problem in detail, ask yourself how your team, your spouse, or your children would assess you in the relevant areas.

Determine the top one to three areas that are out of balance, and ask yourself what one thing you can do to improve in each area. Set those as your next goals. This gives you one to three targeted goals that will have maximum impact. In addition, improving your top three areas often has a cascading and compounding effect on other areas as well.

3. VISION – Create a vision for where you want to be.

The key is to STOP. No, you can’t stop working altogether, nor should you. That creates its own set of issues. But stop long enough to reflect on where you really want to go in life. You’ve heard the old adage “begin with the end in mind.” It is wise advice, even today. What is the end toward which you are working? What does success look like to you – not just in one area – but in each area of life?

4. VALUES – Determine your values.

Values are the principles by which you live. They are bedrock. List your top five values. Literally, write them down.

5. ACTIONS – Decide what actions you will to take to live by those values.

Living by your values is key, but it doesn’t “just happen.” You must attribute actions to each value and do those actions daily.

For example, if one of your values is health, the action could be movement.

Thus, if you claim that health is a value to you, yet you never leave your desk or get off the couch to exercise in any form or fashion, you have either violated a value – or it is not a real value to you.

If you are doing something that violates any one of your values, you will feel stress, anger, or frustration. Pay close attention to those things that make you feel this way, and you will likely find a violated value at the root.

 

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6. HABITS – Replace bad habits with good habits.

Habits are essentially daily actions. Each day, you get to choose whether you will engage in good and healthy actions or bad and unhealthy actions. As Ralph Waldo Emerson said: “Sow a thought, and you reap an action; sow an act, and you reap a habit; sow a habit, and you reap a character; sow a character, and you reap a destiny.”

Are your daily habits – your repeated actions – based on values, vision, and your desired destiny? Your habits create your destiny. Are you making daily deposits toward the outcome you desire?

7. PLAN – Make a plan based on vision.

There are two ways to plan. You can start with all that is on your current to-do list and plan for how you are going to accomplish the items on the list; or you can start with a proverbial “zero-based budget” – a clean canvas – and create a plan based on the big picture first.

Start with vision. Where do you want to go, and how will you get there?

Then look at values – what daily actions will you take to maintain those values?

8. ACCOUNTABILITY – Finding a method to hold yourself accountable to your goals is imperative.

This can come in the form of your plan, a calendar, a timer, and someone who will serve as a partner in helping you reach your goals. This person must be objective – someone who will encourage your progress but also ask the hard questions when needed, someone who won’t let you give up on you. This is why successful people have coaches.

9. BOUNDARIES – Work-life separation requires boundaries.

You must first establish schedule boundaries – times when you will work, times when you will not work, and flex times when you will work if necessary. Communicate these to your team and to your friends and family.

Then…prepare to be tested!

Just as certainly as you set your boundaries, someone or something will push those boundaries. You must hold the line with rare exception. This may mean putting your phone in a lockbox at times, or having “digital detox” days. It may mean closing your office door to focus on projects, or turning off inbox notifications.

10. REVIEW – Review your progress regularly.

Consider your calendar, desk, and inbox. Is everything in those areas relative to your values, actions, and goals? Or do you see a lot of unrelated clutter?

Review your progress regularly to ensure your to-do list aligns with your values and priorities, and not those of everyone else.

As Jim Rohn so wisely noted: “If you don’t design your own life plan, chances are, you’ll fall into someone else’s plan. And guess what they have planned for you? Not much.”

If you have been struggling with work-life balance, join the crowd. It doesn’t exist. But the good news is, you can create work-life separation.


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.

Eight Habits of Highly Successful Leaders

October 25, 2017 By Dave Ferguson Leave a Comment

Six Habits of Highly Successful Leaders
Image Credit: Shutterstock

dave-ferguson-forbes-article Featured article by Dave Ferguson in Forbes Coaches Council. Reprinted by permission.

Think of success as a muscle. It must be conditioned to perform at peak levels. The habits you adopt affect how your success strengthens and grows. On the flip side, your habits can diminish your success because they play a significant role in how you feel and approach the day.

In essence, successful leaders are those who consistently practice successful habits.

 

What are these habits? (Hint: None of them require a complete life makeover.)

 

  • Successful leaders read constantly.

This should come as no surprise. Making reading a priority means you are prioritizing your education. Successful leaders always seek ways they can improve themselves. They look to other leaders for advice and inspiration.

Even reading your choice of self-indulgent fiction has been shown to increase creativity, a tool that is essential for staying relevant and innovative in today’s crowded business space.

  • Successful leaders make goals and consistently reassess those goals.

This should be obvious, yet many leaders fail to set clear goals. If you are going to pull long hours and devote your life to a company or product, you should do so with a goal in mind: an idea of where you want to land.

  • Successful leaders celebrate the milestones they reach and question what’s keeping them from reaching others.

Their goals are focused and few. The fewer direct goals you have, the more focus you can put toward achieving them.

  • Successful leaders build positive relationships.

You are who you associate with. Do you tend to collaborate with others who are positive and motivated? Or do you find yourself in toxic environments?

You should never be the smartest person in the room. If you find that this has become the case, it’s time to expand your network. Form positive connections with people by showing genuine interest in your interaction, rather than an “out-for-yourself” attitude. In the same breath, be sure to limit your exposure to toxic people.

  • Successful leaders practice generosity.

Generosity is at the heart of most success stories. Generosity is about being willing to give of yourself to serve others.

Yes, generosity is an investment. But the payoff is huge. Take mentorship, for example. This is a relationship built on generosity — on giving advice and sharing valuable insights. You are giving back to the broader industry by helping to groom someone who will succeed, innovate, and positively change the field. What you give you are bound to receive back in rewarding ways.

  • Successful leaders allow for “me” time.

These leaders understand they have only 24 hours each day and are not so selfless as to give it all to someone else. Time is valuable. Successful leaders are aware of how and who they invest their time in.

By taking time for yourself — to clear your head, brainstorm, organize your desk — you are recognizing yourself as an asset. You cannot contribute fully if you are running on empty.

  • Successful leaders spend time with people who inspire them.

This includes their own teams. They stay connected with what is happening with their employees. It is important to reconnect with the day-to-day details of your company to keep your focus sharp on why your business exists in the first place: your customer. This does not mean, however, you need to stand over people’s shoulders or micromanage. You’ve built a team you can trust. Trust them.

  • Successful leaders are not shy about collaborating with diverse audiences.

In fact, they seek out experts in other fields through reading, interaction and research. They are quick to pour their skills into the lives of others without expecting an immediate return on investment.

How do you stack up against the most successful leaders in your industry?


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.

Four Steps to Breaking that One Bad Habit

September 27, 2017 By Dave Ferguson Leave a Comment

Four Steps to Breaking that One Bad Habit

It started with a simple question: “How does your day start?”

“Well,” he responded, “The alarm goes off at 5:30 a.m.”

“Great!”

“But,” he continued with head bowed slightly, “I hit the snooze at least ten times…every single day.”

Prior to this, we had been talking about how as a company, he and his team were committed to growth and results. And as an individual, he was committed to success. He was a good and honest leader, admired by many.

And yet, despite the commitment, team buy-in, and support, he was not doing those things to which he had committed. He could not understand why he was not seeing results.

And that is when I asked the question, “How does your day start?”

I called him out on it. “You’re feeding the enemy,” I said. “He’s smiling because he knows that your morning habit is keeping you from making progress. He has you right where he wants you…snoozing through life.”

The realization of the morning habit he had developed and how it was affecting not just his morning, but the rest of his day as well, was a light bulb moment. He realized that this one habit was also violating one of his core values – that of being true to his word.

It was a tough realization, but I am thrilled to report that shortly thereafter, I began getting emails from him, letting me know that he had gotten up at 5:30 a.m. and was working out. He even texted me pictures from his office one morning to show he was working early and getting a great deal done before anyone else came in.

Practicing this new habit to replace the old one was a small step that carried major impact.

He began to feel better physically from working out, which had a direct and positive effect on his productivity and outlook. And the more he accomplished toward his goals, the more energized he became.

Changing just one habit generated the cycle of energy needed to start reaching goals and getting results.

How do you break one bad habit that is holding you back?

  1. Identify the Problem

Think about your goals, both personal and professional. What goals did you set for the year? Are you on track? For many, the answer is a regretful no.

Then take the next and even more important step – ask yourself why.

WHY haven’t you reached your goals?

Your first answer will likely be an excuse.

  • “My team is not committed.”
  • “I don’t have time.”
  • “Circumstances prevented me from reaching my goals.”

Here’s the key: don’t accept your first answer.

Dig deeper. Ask why repeatedly until you get to the bottom line.

The bottom line may be that you don’t communicate well with your team, took on too much to start with, didn’t have a plan to execute the goal, or simply that you have procrastinated.

The closer you get to the bottom line, the closer you get to personal responsibility.

  1. Identify the Bad Habit

Now consider the bottom line you have determined. In the example above, it was procrastination. What habit or habits were feeding that bottom line? Sometimes is as simple as hitting the snooze alarm.

That was the underlying habit.

Now you’re getting somewhere. You have gone from blaming circumstances you can’t control to habits you can control. And that is a powerful step.

  1. Create a Plan

The first part of your plan is to ask what you will stop. In this case, it was simply to stop hitting the snooze alarm.

But stopping a bad habit is not enough.

You must replace it with a good habit. And for that, you need a plan.

Instead of hitting the snooze alarm, this coaching client determined he would replace that time with a morning workout. That one step had overarching benefits that extended well beyond his physical well-being.

But he knew he needed one more step.

  1. Establish an Accountability Partner

If you have ever gone on a “diet,” you know that willpower has its limitations. It’s been proven that those who have a trainer stay in the game and get better results.

Do we have the ability to change habits and reach goals on our own? Of course, we do. But we are also human. The truth is we love potato chips, and we don’t like to exercise. Sitting on the couch and eating chips is “comfortable.”

This is why you need an accountability partner – you need someone to supportively kick you off the couch.

When I started getting texts, emails, and pictures from this client showing his new habits, I knew he was on a strong path to success. He was being accountable for his actions.

I challenge you this week to ask yourself what one bad habit is affecting your productivity, your energy, and your values. Take an honest assessment…then take action! You will be amazed at the results.


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.

Top 10 Tips to Survive and Thrive in Your Business

September 13, 2017 By Dave Ferguson Leave a Comment

Top 10 Tips to Survive and Thrive in Your Business

This is a good time to be in business.

The markets are starting to uptick, and we are seeing growth we have not seen in some time. While I’m certainly not an economist, this comes as a welcome relief to many who have weathered some storms and taken the hits in recent years.

I can’t predict the long-term feasibility, but what I can predict is this: As a business owner, I can enjoy success in the up years and the down years, because I don’t wait for politicians or events to stimulate my business.

And so can you!

Right now, things may be good, but there are no guarantees. You can’t relinquish control of your success to the whims of politics or economy. You as the leader are ultimately responsible for the success of your business.

I’m reminded of a company whose leaders declared bankruptcy, blaming several factors, including the economy and the events of September 11, 2001. The company was then sold, and went on to become highly successful in that same economy and during that same post-9-11 era.

What was the difference?

The economy and historical event factors hadn’t changed. The products didn’t change. The real difference was…leadership. The real failure was also…leadership.

What is the basis of your business?

While it may be easy to become complacent in times of economic upturn, it is also dangerous. As leaders, we must never get comfortable with running our business on “circumstances.”

Why?

Because we can’t control circumstances.

Therefore, a strong business will operate on principles, plans, and sound practices. There will be the inevitable and unexpected, but having a plan allows you to quickly re-route while still remaining focused on objectives and reaching the goals you have set.

Ask yourself if you are basing your business on circumstances or on principles, plans, and sound practices that will sustain the business under any circumstances. Create a business survival plan well before you need one.

Here are 10 Tips to Survive and Thrive in your Business

  1. Be Professional

While you may have invested everything you have in your business or career, don’t love the idea of your business or position so much that you allow emotion to guide your decisions. Keep it professional. Manage your business and yourself professionally; don’t let outside conditions or events manage them for you!

  1. Get off the Fence

Delay can cost you your business or your job. Good leadership requires you to not only make decisions, but make them quickly. Thinking about something too long is, in effect, “no decision”. Of course, make sure you analyze changes and opportunities; but then get on with it and take the necessary steps on your decision.

  1. Take Action with Speed

When you’ve decided to make a change, do it quickly. Time is money, but time can also mean survival. Opportunities come to those who act quickly in pursuit of them.

  1. Reduce Overhead

Even while you are enjoying growth and profit, there is still a need to reduce overhead and manage it well. In good times or bad, if the overhead doesn’t directly or indirectly add revenue, it should be cut or reduced significantly. Companies who do this in crisis mode create business disruption, which further affects production and profitability. Consistently managing overhead prevents operational disruption and, in fact, creates a stronger company.

  1. Improve your Marketing

If you are doing the same marketing you were doing two years ago, chances are it won’t work. Develop new marketing plans and techniques frequently. And track results. You have to be able to track the return you’re getting on marketing investment to truly know if your plan is working.

  1. Review your Products and/or Services

If the market segment you sell to is not buying, you have two options: (1) Get them to start buying or (2) sell your products and services to a segment that is buying. If this doesn’t work, you may need to reinvent your company and what it sells. Be willing to pivot quickly where it is in the best interest of your company.

  1. Keep Financials in Order

There is never a time for having sloppy financial records. This applies to all levels of business, whether a small business or a Fortune 500 corporation. You have to know your numbers, or one small setback could kill your business. And you must look at them realistically and regularly.

  1. Provide Training to your Team

It is always a good time to invest in your people. Training in sales, technology, and leadership are wise investments in terms of keeping your organization on the cutting edge and your teams fully engaged and equipped.

  1. Increase Productivity

Vince Lombardi said it well, “If they aren’t fired up with enthusiasm, I’ll fire them with enthusiasm.”

You can’t afford to keep unproductive people on the payroll. Even if they are fully commissioned sales people, their lack of productivity can hurt your business and affect the rest of your team.

Don’t wait for a downturn to optimize productivity with your people and systems. This must be a continual process.

  1. Have Fun

Dave Ramsey is tough when it comes to budgeting. But even he agrees there are points where you have to make room for something enjoyable. As a leader, yes, you are the guardian of the bottom line. But make time for fun as well – in your business and in your personal life. Celebrate goals achieved with your team before diving into the next big project. Celebrate wins, both personally and professionally. Take time to recharge.

Leading well takes energy. Be sure to replenish spent energy frequently so you can hold steady in upturns and downturns as well. Executive burnout is a real issue. Our leadership retreats are designed around the idea of renewing leadership energy, working through roadblocks, and setting new goals. Take time for advancing your objectives, but take time for retreats as well.

These are solid practices for any era and circumstances of business. Consistently acting on these guidelines will help you build and maintain a strong business that not only survives, but thrives.


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.

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