ONE great tip to improve your business quickly!
| I learnt some valuable lessons some years back. As a hard working consultant who was at the time part of a large improvement programme for an FTSE100 company, I worked on many work streams aimed at reducing costs across the many geographical sites. | ![]() |
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| The aim was simple, improve the productivity of the permanent staff members and reduce the dependency (and costs) of the overtime and temporary staff. There were many streams in this programme such as a management training and development initiative, lean process improvement, some pretty sophisticated workflow modelling which sought to identify constraints and spikes and so on. | |||
| All these initiatives were useful in their own way, but the SINGLE most effective thing that was done in this initiative was to publish simple productivity metrics on large, highly visible, and easy to read dashboards at every site. | |||
| Suddenly, management and front line staff alike were very tuned into their performance in a very real way and performance started to change almost overnight. I would like to share with you some of the special characteristics of this dashboard so that you can get benefit in your business: | |||
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| Of course on top of all of this you MUST tie the metrics into your management processes, bonuses, performance reviews, review meetings and the such like. But one thing is clear… measure and they will improve! | |||
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Company turnaround in tough times, questions and answers around why leadership has to change
| “if you fail are you going to try again”? Nick Vujicic an inspiration to all leaders | ![]() |
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As I began to write my blog this morning I thought about three questions
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As I thought a little more TWOthings came to mind
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| Ok so what is situational leadership and what does strong leadership mean? Situational leadership is all about adapting your management style to effectively handle the situation. It’s about saying things to yourself like. Before, I haven’t known enough of the detail but now I need to or indeed the reverse. It’s all about protecting your core business, taking a good look at the workplace, marketplace and the way you execute and deliver your services or products. Strong leaders adopt this approach regularly; they make it personal and thrive in the face of adversity | |||
| When thinking about this week’s inspirational leader I came across Nick Vujicic, this is a man who was born without any limbs who teaches people how to get up! I have included an extract from one of his talks in this blog. If this doesn’t move you then I don’t know what will. Equally if it doesn’t cause you to question your level of determination and inspire you to carry on in the face of adversity then I don’t know what will. One of the great quotes from his material is “if you fail are you going to try again”? If your business is under stress, click on his picture enclosed in this post and watch his “YouTube” it really will inspire you to carry on | |||
| Lastly, my advice is don’t continue to operate as you always have, if you do you will get what you have always got. The leadership styles within business need to change and the managers within your organisation need to be supported through the change process. Sustainable behavioural change is extremely difficult to achieve. Helping the managers and leaders within your business to understand the commercial implications of their behaviours and actions is extremely powerful, especially when turning a company around. I list below some bullet points to help you and your management teams become better leaders | |||
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| Finally, leadership is an art, develop amazing people that thrive in the face of adversity and you will turn your company into an extraordinary one, now that’s what I call a Turnaround Programme. Good Luck! | |||
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| “Information technology and business are becoming inextricably interwoven. I don’t think anybody can talk meaningfully about one without the talking about the other! Bill Gates | ![]() |
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| And there you have it straight from the chairman of Microsoft, one of the world’s wealthiest people. You cannot separate technology and business just like you cannot separate performance management and people. So why is it, that so many organisations’ performance management processes are so ineffective? Let’s start by defining performance management | |||
| Performance management (PM) includes the activities that ensure that goals and targets within a business are consistently being met in an effective and efficient manner. Performance management can focus on the performance of an organization, a department, employee, or even the processes to build a product or service. When most organisations refer to performance management they are generally trying to do the following three things | |||
1. Impact their financial performance
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2. Positively motivate the workforce
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3. Improve management control
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| Given the challenges that exist within business most CEO’s, Directors and Leaders are very focused on items one and three. Organisations don’t survive without a strong financial performance, we are all cutting costs and trying to maximise profitability where ever we can. Leaders love to be in control, data and technologies are great ways to demonstrate we are in control and have all of the right systems and tools to run our business. But when you think about it, and look at performance management the way Gates looks at technology. You cannot execute performance management effectively within your organisation without positively motivating your workforce and motivating your workforce is not as easy as it sounds. Dictating, managing by fear and “sweating the assets” are long gone approaches. Approaches I am sure many of us have all been victims of | |||
| When I refer to Powerful Management Behaviours, I mean exactly that!!! The influence and the power management teams have within a business today is unbelievable. This only comes though when the organisation STOPS thinking about how they can drive the employees to deliver what they need them to, in isolation!!!! WHAT?? I hear you say. Yes this is when the leaders within business actively demonstrate to the employees that they are interested in them, shifting the focus from being completely about the orgnaisational need to the needs of the employee and the organisation. Putting the employee first, seeing it from the other person’s viewpoint! | |||
| This shift has a remarkable impact on the way your managers and employees behave within your business and in turn has an incredible impact on it’s financial and overall performance. Ok so this doesn’t mean you have now become a complete push over and your staff can go and come as they please and we all live happily ever after. It means that you ensure that your management teams have similar values and beliefs, and that they align with the goals and targets of the business. Surround yourself with capable people who have integrity and get to know and understand them. Continue to remain focused on points one and three but enhance and evolve the way you deal with point two, your people. This is when performance management is delivered in earnest, this is when performance management becomes effective, this is how you go above and beyond, and this is how you unlock the key to your success and develop a business like Bill Gates. Maximise the potential of your organisation’s most expensive but important asset today. Implement Powerful Management Behaviours! | |||
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Will the Sun on Sunday survive? Seven Steps to ensure your staff don’t ruin your business
| Leadership: The art of getting someone else to do something you want done because he wants to do it. Dwight D. Eisenhower | ![]() |
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| The demise of the News of the World and the launch of the Sun on Sunday reaffirmed to me the importance of the employee within an organisation. Rupert Murdoch needs to ensure that the teams and people within his organisation act with integrity and professionalism at all times. We should all learn a valuable lesson from the chain of events that led to the demise of the News of the World and ensure that we support and manage our people to protect and grow our businesses | |||
| Teams and people within an organisation are a significant factor in determining its success or failure; it is of great importance that they are effectively managed. If the teams within the News of the World had been effectively managed it would still be in circulation today. We have all seen how ineffective management can lead to failure, financial disaster and business ruination. It is fool hardy to leave it up to your people and then blame them after the event. Below are the seven steps of effective staff management to help Rupert Murdoch and indeed all business owners secure the future of their business. | |||
| Step One: Communicate – Clear, effective, open and honest communication is key in order to ensure teams are on board and are kept fully informed. Engaging with staff ensures that they feel part of the team. It helps to demonstrate the importance of their contribution – this should never be underestimated!! If a role exists within your business that isn’t important then the role and cost shouldn’t be there. In your personal life you would never pay for something you don’t need, so it shouldn’t happen at work. | |||
| Step Two: Set SMART Targets. Most people go to work to do a good job. The work needs to be clearly defined, but of equal importance, the tasks and activities required of the teams and people need to be achievable. Use the SMART model to ensure this is the case. Set, Specific, Measureable, Achievable, Relevant, Time Bound targets for your teams to work to. The key here is realistic, putting teams and people under too much pressure to deliver results leads to negative unprofessional behaviour like phone tapping! | |||
| Step Three: Mindset, Values and Beliefs the mindset, values and beliefs of your people need to be aligned to the organisational values and beliefs. Understanding the values and beliefs of the people that work for/ with us is extremely important. Helping individuals to meet their individual values and beliefs is extremely positive. Gaining personal fulfilment at work is a very powerful way of developing individuals within your business. Encourage them to act with honesty and integrity and ensure these values are reinforced though your communication and target setting. The Sun on Sunday will flourish and grow to an unthinkable size if the readers/ customers truly believe this is the way it operates | |||
| Step Four: Support and Empower teams need to feel supported and empowered. Don’t control and dictate, encourage, measure and manage. Allow your people to think and contribute, share their experiences and encourage them to be engaged. Sharing best practice and implementing solutions that are driven by key members of your team is highly motivational and encouraging for everyone. Provoke healthy competition and reward suggestions accordingly. Promote integrity and professionalism and encourage the people within your business to talk about how they achieve it | |||
| Step Five: 1-1s, Team Briefs and Meetings – sounds very straight forward doesn’t it? However, you wouldn’t believe how many organisations I have worked in that don’t apply these simple performance management techniques. High quality, regular monthly or bi monthly 1-1s are critical to monitoring and managing the performance of your team members. Ensuring that the teams are fully briefed on company performance and activities is critical, along with holding regular team performance and quality focussed meetings. Be sure to encourage the sharing of best practice in these sessions and be receptive to new ideas and innovative ways of working.Step Six: Work Quality Management / Governance – This step is all too often over looked in business. Had the quality of the work been managed when the News of the World was alive it would still be in circulation today. Mr Murdoch I strongly recommend you implement rigorous work quality monitoring processes and some governance around the gathering and publishing of your material. There is not an organisation in the world that doesn’t need work quality management. Work quality management ensures your customers get what they are paying for at the highest quality standard possible. What business shouldn’t be striving to deliver this in any climate but especially today’s
Step Seven: Celebrate and Reward Success – Finally, through the six steps above you will begin to see operational and profitable improvements, Guaranteed! Celebrate and reward these, use the lessons learned through the above steps to improve performance further. Share and communicate the high quality standards delivered by individuals, allow them to have an overall impact on the way your organisation works. Develop and grow the individuals within the business to help them exceed in their roles and encourage them to get to the highest level within your business. When they reach this point encourage them to leave and go to a competitor!! Replace them with fresh, new innovative idea makers / thinkers. Don’t allow your organisation to get blocked or stuck. Steer and grow it to achieve unimaginable results and celebrate and reward all who help you get there. |
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| Of course there is a great deal more to the seven steps above and to achieve this effective management approach within your organisation is not as easy as it sounds. However the results and benefits from implementing steps like this within your business are significant and can be a massive amount of fun and enjoyment. Imagine the impact this effective management style has on organisations; if you can’t perhaps you should think about the impact not having it had on the News of the World. I hope Rupert Murdoch is reading!! | |||
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3 steps to being the best company in your market
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A quote we believe applies to most management consultants! “The secret to creativity is knowing how to hide your sources.” Albert Einstein |
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Businesses pay extortionate amounts of money to companies who call themselves ‘management consultants’ to improve performance. And it’s no wonder that this profession has such a bad reputation. I believe there are three key reasons for this
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| But to label management consultants as a worthless profession would be doing you an injustice. And if you want to be the best company in the market then I believe we can all learn from these observations. Read on dear reader: | |||
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| As transformation specialists we believe that the secret weapon within your organisation is your management community. They are the only ones who can identify and foster talent. They are the only ones who can drive sustainable improvement. They are the only ones who can drive real benefits. The challenge to you is to inspire and development your management community… now! | |||
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How to measure the impact of your business improvement initiatives? The four critical business indicators
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“Efforts and courage are not enough without purpose and direction.” John F. Kennedy |
| There is lots of synergy between this quote from JFK and this week’s topic. It is pointless investing massive amounts of time and money in business improvement initiatives without there being a true purpose to their existence. Having no clear direction from the top will mean the initiative will be seen as a distraction, unimportant and will lead to failure or it having limited value. | |
| Business improvement initiatives should always align to the overall strategy and objectives of the organisation. These strategies and objectives should ultimately guide you to monitoring and measuring the following four indicators when running your improvement initiatives | |
| Indicator One: Revenue: Without income you do not have a business, if your improvement initiatives do not impact the, maximising, stabilising or generation of revenue, then I would question whether they are worthwhile. Of course every initiative may not lead to a direct increase in revenue, but there should be a link in some way. E.g. an increase in your profit may enable you to become more competitive, happier more engaged people may enable you to sell more or to offer fantastic customer service. Offering your customers what they want, at a price they can afford will undoubtedly increase your top line. These things are all interrelated, please read on | |
| Indicator Two: Profit The profitability of your business is the indicator that is going to provide you with a long term sustainable organisation. Profit is what will keep your organisation alive. Strengthening the profit of your business should always be in the forefront of your mind. Once the revenue comes in, it needs to be handled carefully and protected. Protecting and growing your profit through business improvement initiatives will safeguard its future. I would recommend that you quantify the impact your initiative will have on profitability at the outset, and then track and report progress. Don’t be afraid to adjust your initiative if profitability is not being positively impacted. Remember profit is the life blood of your business | |
| Indicator Three: People The people within your business are fundamental to its success. Creating a great place to work for your people and providing your teams with the right tools, support and training to deliver their work, is paramount. Hopefully you will have read my articles on staff motivation and engagement. When delivering business improvement initiatives don’t forget your people whatever kind of initiative it is. Where possible track and measure the impact your initiative has through productivity, effectiveness, or staff engagement / satisfaction results | |
| Indicator Four: Customers Finally your customers; closely linked with the people indicator. Internal and external customers exist across your business. Customers inevitably supply your revenue; any improvement initiative you engage in should positively impact your customer experience. Business improvement initiatives should help you to stay ahead of your competition and exceeding your customers’ expectations. Measure this through revenue, profitability and customers satisfaction surveys | |
| It’s really important when embarking on business improvement initiatives that you measure the impact they have on your organisation. Initiatives are hard work and costly, try to ensure you get the maximum benefit from your efforts by monitoring the four interrelated critical indicators today. Good Luck!! | |
| To learn more about the effective measurement of your business improvement initiatives and the four critical indicators, give me a call or write to me at mike.bresnihan@thefrankboys.com | ![]() |
Do you have a Cold War in your business?
| The Cold War was a strange thing. Both sides, Russia and (predominantly) America, were equally convinced of each other’s desire to wipe each other out. Both sides spend billions on the nuclear arms race (and the space race), on secret service activities and on developing their military capabilities. The ‘fighting style’ was very clandestine (directly, neither party killed even a single person) with each party effectively finding proxy wars to fight (such as Vietnam) and driving secret campaigns (such as funding democratic/ communist political parties) in faraway countries that few of us would hear about in day-to-day conversation; The enemy was never clearly visible but always feared. | ![]() |
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| What a waste of time and effort! The point of this post is to highlight the good possibility that your business has a cold war. I’ll use a practical example. | |||
| Directors in this large £150m+ organisation were all responsible for procuring the goods and services required to run their service. All Directors had a bad view of Procurement (“I don’t know what they do all day”, “I can never get hold of them”, “they give me different advice every time I call them”, “they take too long to get an answer”). The Procurement team resided somewhere off site, somewhere remote, and in the eyes of the directors was just a group of unprofessional people at the end of a phone number they’d really rather not use. | |||
| And guess what? They didn’t. Directors basically got used to ad-libbing. Procurement policy was never followed (no one knew what it was) and the organisation entered into contracts with suppliers that basically abused their position… lots of money was wasted. | |||
| So what of the ‘evil’ procurement team? They also had a rather poor view of their ‘customers’. The directors were “unruly”, “unable to follow process”, “wasted [organisational] money” and “never followed policy” which meant that the organisation was always compromised. | |||
| Whilst both sides had a dim view of each other, over a period of a time the views of each ‘side’ had turned quite bitter. Things even got personal. On one day there was a loud argument in the open plan office, which got personal, which was followed by HR procedures and disciplinaries, meetings, reviews and much more (with no satisfactory conclusion). | |||
| This organisational Cold War ultimately cost the organisation millions as a result of poor procurement decisions and suppliers not being governed correctly. Both sides had ultimately demonised each other to such an extent that they were uncooperative. Both sides lost out by investing time, effort and money in tensions that served no real purpose. | |||
| So let me cut to the chase. Cold Wars like this are very common to organisations. They also have many common causes, which when worked through, can turn your Cold War into a Warm Friendship. Top causes of a Cold Wars: | |||
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