At a Fortune business conference in 2003 a moderator asked Indra Nooyi, now Chairperson and CEO of PepsiCo: “As a leader, what keeps you awake at night?”
Without a second’s pause Nooyi replied, “Retaining my talent.”
Any leader wishing to measurably grow their organization is wise to list the same concern at the top of their list. Following are ten tips to retain talent;…Continue
Added by Dave Anderson on April 15, 2014 at 1:26pm — No Comments
For twelve years I’ve taught a three-day Strategy Summit in the 4th quarter to help clients prepare for the upcoming year. The format is simple:
The first day covers how to create a compelling vision that unites and inspires the team for the upcoming year.
Day two covers strategies to reach the vision. I present dozens of sample strategies and teach implementation principles to ensure they succeed.
Dead weight is defined by online dictionaries as: “a person who makes no contribution; a useless, usually burdensome factor.” In the workplace dead weight comes in many forms. Here are a few of the most common examples:
1. A team member who may produce the numbers, but doesn’t live your core values.
2. An incompetent team member.
3. An unproductive team member.
4. An overpaid team member, whose compensation far exceeds the worth…Continue
In Dr. Henry Cloud’s book, Necessary Endings, he stresses the necessity of pruning to create a healthier business. Pruning is a proactive process that allows an organization to reach its fullest potential.
In the dictionary, pruning is defined as: a function of cutting away to reduce the extent or reach of something by taking away unwanted or superfluous parts. I’ve long liked the concept of pruning as it allows leaders to leverage strengths and narrow focus on the…Continue
The dictionary defines catalyst as “a person or thing that makes something happen.” Rarely is it that such an economy of words so accurately describes the expected role of any dealership leader on a day-in, day-out basis. The bottom line is this: leaders get paid to make things happen both personally, and through each team member. No high-value leader goes to work each day to wait for something to happen, or to watch it happen, and then wonder…Continue
In my Up Your Business 2.0 Super Leadership Workshop I give attendees strong cultural words to weave into their dealership and weak cultural words to weed out. At the end of the two days, everyone leaves with the mindset and vocabulary necessary to build a higher performance culture in their business.
Evaluate your own culture as you read over the partial list of strong vs. weak cultural words I’ve excerpted from the workshop and am presenting below. As you do, keep the…Continue
One of the most persistent questions leaders ask me at seminars is, “How and where do I find great people?” The most obvious, but overlooked, answer to this question is to start with those you have. If you haven’t done what is necessary to develop the people already on your team it’s irresponsible to dismiss their potential, discard them, hire new people and then subject them to the same abuse. Following is a ten-point checklist to ensure you’re doing what is necessary…Continue
Successful businesses are so common today in most industries that it’s easy for them to become complacent just because you’re “making money” or doing better than last year. Because of their ubiquity, successful companies have come to bore me. They’re certainly the rule rather than the exception, and most are so content with how they’re doing they spend a lot more time talking about becoming great or getting to the next level than they do taking the action necessary to make it…Continue
One of the best things about leadership principles is their wide applicability. You can find beneficial leadership life-lessons in sports, business, politics and throughout history. These maxims can be adapted to your personal life, home, church or enterprise. In my new Become a Category of One in-house workshop, I use Vince Lombardi’s success with the Green Bay Packers as a case study in how not to just become the best in your business category, but to create a different…Continue
A common mistake leaders make when hiring is bringing someone on board because they like him or her. While liking a potential team member is certainly a plus, it is not an accurate indicator of character, competence or team chemistry. In fact, most of us have seen employees who were once likeable become far less so as we discovered weaknesses through performance we should have uncovered during the interview process. Hiring experts have long estimated that the number one cause of hiring…Continue
In 1965, Pete Townshend of the British rock group, The Who, wrote the blockbuster hit My Generation. The song was later named the 11th greatest song by Rolling Stone of the 500 Greatest Songs of All Time. Townshend reportedly wrote the song on a train and is said to have been inspired by the Queen Mother, who is alleged to have had Townshend’s 1935 Packard hearse towed off a street because she was offended by the sight of it during her daily drive through the…Continue
As one year winds down and another begins soon it’s helpful to fine-tune your leadership skills to prepare for the challenges and opportunities ahead. After all, your personal levels of focus, hunger, and sense of urgency will set the pace for your team. Perhaps nothing goes as far to either elevate or degrade your leadership credibility than does your responses to the various situations, problems, and “little” people issues you encounter each day. Following are fourteen everyday realities…Continue
While managing sales people I would occasionally hear a complaint from team members that sounded like this:
We’re going to train on the steps to the sale again? This is getting redundant!
While helping to run a six-dealership group, I would occasionally hear a complaint from members of the management team that expressed the following:
Our training this month is on how to hire and interview…again? This is getting redundant.
A decades-old belief system in business is that the deeper one goes in debt with lifestyle enhancements, toys—stuff, the more driven he or she will be to make money. This mentality can start at the top of a dealership and cascade through the ranks. In fact, I know many managers who quietly enjoy seeing their salespeople overextend themselves financially so they have to work extra shifts and days to maintain their lifestyle. While it may be true that living with high overhead can stir up…Continue
Many people believe that forgiveness is solely a religious topic or should be relegated to the subject of sermons. After all, what benefit can a discussion of forgiveness have in the real-world, white-knuckle business arena? To appreciate the scope of possibilities, we are wise to consider what it costs us to have resentment, bitterness, selfishness, envy, factions, grudges, turf wars, gossip, and even hatred exist within the walls of our organization because we, or others, will not forgive,…Continue
Added by Dave Anderson on July 23, 2012 at 4:13pm — No Comments
A classic scene from the 1978 movie Animal House was created when Faber College Dean Vernon Wormer disgustedly addressed the failing grades of delinquent Delta Tau Chi Fraternity members as follows:
Dean Wormer: Here are your grade point averages. Mr. Kroger: two C’s, two D’s and an F. That’s a 1.2. Congratulations, Kroger. You’re at the top of the Delta pledge class. Mr.…Continue
Self-esteem is defined by the dictionary as: a realistic respect for or favorable impression of oneself; self-respect. Engendering the “realistic” aspect of self-esteem into an individual has been the component conveniently ignored by teachers, therapists, and misguided parents over the past many decades as they’ve attempted to build self-worth into kids with everything from undeserved praise, to unearned weekly allowances, to participation trophies for various activities. This…Continue
One hour into my two-day Up Your Business 2.0 Super Leadership Workshop I present several key differences between managers and leaders. In this section, I help attendees overcome the common tendency to over-manage and under-lead. I suggest that leaders who are too management-focused tend to spend more time with paperwork than with people-work. As a result, they invest most of their energies pencil-whipping numbers in an attempt to wring out every ounce of production possible. However,…Continue
An entire chapter in my book, Up Your Business, addressed the dangers of entitlement within organizations and offered remedies for weeding it out. In If You Don’t Make Waves You’ll Drown I presented ten strategies to combat the negative impact political correctness has on high performance business cultures. After watching trending cultural currents in recent months I am presenting additional strategies to explain how to survive and prosper despite the encroachment of a force as…Continue
For decades, I've written extensively about discipline, accountability, focusing on what you can control, and taking personal responsibility rather than blaming. These are principles I have personally embraced and applied in my life to prevail through tough times.
In the early 80's I worked in my parents’ restaurant business that failed. It was in the midst of 20+% interest rates, 10% inflation, and unemployment as high as today. I held three jobs to make ends meet,…Continue