Achieving Business Excellence with John Spence

6 Keys to Effective Strategic Planning

04/08/2019 By

mini-peepsI am currently preparing to facilitate three strategic planning meetings, for an association, a technology company and a Fortune 100 client. Here are a few things that I see as foundational for creating an effective strategic plan.

  1. The key to a successful strategic plan is: FOCUS. Every company, regardless of size, has limited resources and strategy is all about effectively deploying an organization’s resources where they will have the most positive impact in the marketplace.
  2. To mirror my first point, one of the most important things a great strategic thinker does is figure out what to say “NO” to. What markets will we not compete in? What products or services should we not try to sell? What current projects should we abandon?
  3. If you have 10 strategic objectives, you do not have a strategy. All of the successful companies I’ve worked with were able to focus in on 3 to 5 major strategic initiatives. Anything more than that causes a lack of focus and ultimately a lack of success.
  4. When examining business issues, are you trying to solve a puzzle or a mystery? With enough data and information, you can find the right answer to a puzzle, but no matter how hard you try it is impossible to find the exact right solution for mystery. Because of this, as much as I hate to admit it, a large part of strategy is simply an educated guess about what might happen in the future.
  5. Alignment is critical. If the senior team is not 100% committed to strategic direction of the organization, the plan will fail.
  6. It’s an age-old business cliché, because it is correct: What gets measured gets done. A major reason that many strategies are not effectively executed is because there is no way to determine exactly what the expectations are. Ambiguity Breeds Mediocrity.

Those are just a few of the key ideas I try to help my clients keep in mind as we move through a strategic planning retreat. I will also add one more critical point; to make sure you follow through and implement your plan, you should spend just as much time on strategic execution planning as you do on planning the strategy. This is a very important idea that few companies truly embrace.

What are your thoughts?

Filed Under: Business Excellence, Decision Making, Leadership, Strategy Tagged With: , , , , , , , , , ,

The Four Most Important Things I Have Ever Learned

03/24/2019 By

I am currently going through all my blogs and looking for the ones to keep, update or remove. I ran across this one and was especially touched by all of the comments – there’s even one there from a very close friend who has since passed away. I hope you find value in these ideas, and add your own comments to the already impressive list.

In a few weeks, I will be facilitating a weekend retreat for an organization in my local community.  The theme of the retreat is “Self-leadership” and I will be delivering a very special class that I don’t often get to teach called “Strategies for Success.” It is basically an advanced life skills class, a superb opportunity to stop and take stock of your life and make sure that things are going in the right direction for what you hope to achieve in your life.  As part of the class, I have assigned some homework for each of the participants. I asked them to write down the four most important things they have ever learned in their lives.  I told them to imagine that if they knew they were going to die tomorrow, what four pieces of wisdom would they want to pass along to their family and friends. I thought that was a great question, so I wanted to share my answer with you. Continue reading “The Four Most Important Things I Have Ever Learned” »

Filed Under: Career Success, John's Rants, Leadership Tagged With: , , , , , ,

Change A Life and You May End Up Changing Yours

12/14/2018 By

Here is a link for the better book club, it is free for small companies and insanely affordable for other organizations. I cannot encourage you strongly enough to go take a look at their website, look at all the things it can do for your business, and I hope you join, as I said above it will make a dramatic positive impact on the success of your organization.

Click HERE to learn more about the Better Book Club

 

And now, a fantastic guest blog from Frank Sonnenberg…

 Think about a person who’s had a tremendous impact on your life. It may be your Mom or Dad who believed in you, the coach who inspired you, the teacher who guided you in the right direction, the boss who gave you your first big opportunity, or the friend who’s always been by your side. I’m sure when you think of that person, it brings a huge smile to your face — as it should.

You may say that some of these folks were just doing their job. True. But even though you’ve had several good teachers, coaches, and bosses over the years, I’m sure a few of them really stand out from the crowd. You remember their passion, dedication, kindness, and, of course, their generosity. After all, they changed your life!

That obviously begs the question…are you leaving a lasting impact on others? It only takes one person to change a life — and that one person may as well be you.

Make a Difference

Whether you’re aware of it or not, you’re touching the lives of people every day. What can you do to step up your game?

Be an exemplary role model. Lead by example. Demonstrate that character is the DNA of success and happiness.

Be an awesome parent. Having kids is not the same as being a parent. Raise your kids to be kind, productive, and self-reliant; to make good choices and to be personally responsible for their actions; to pursue their purpose with gusto; and to live their life with honor and dignity.

Be a humble leader. Share your success. As you climb the ladder of success, reach down and pull others up with you.

Be a dedicated mentor. Take someone under your wing and show them the ropes. Give the kind of advice that they won’t hear anywhere else.

Be a compassionate boss. Show your employees that work isn’t all business. Build trusting relationships. Make yourself available and supportive in times of need.

Be a shrewd businessperson. Develop win-win rather than winner-take-all relationships. Prove that there’s more to go around when you grow a large pie, together, than when you squabble to divide a smaller one.

Be a real friend. Demonstrate loyalty when someone’s chips are down and no one else has their back.

Be an inspiration. Set high expectations and push people beyond their capabilities. Show confidence in them when they’re having a weak moment.

Be perceptive. Give someone the big break they need in life. See someone’s potential even when others are blind to their promise.

Be tough, but fair. Make people accountable for their actions. They’ll thank you one day.

Be available. Give the gift of time. Lend a shoulder to cry on when someone needs a friendly ear or support during tough times.

Be the better person. Be the first to give, the first to forgive, the first to compromise, and the first to say “I’m sorry.”

Be even-handed. Stand up for injustice, speak up for the less fortunate, and don’t give up on fairness and tolerance.

Be a loving spouse. Put your heart into your marriage. Share your hopes and your fears, your laughter and your tears, your joy and your sorrow.

Change a Life Forever

Think of your greatest accomplishments. Where would changing someone’s life rank on your list? Consider: If they hadn’t crossed paths with you, they wouldn’t be the person they are, they wouldn’t have the opportunities they have, and they wouldn’t be positioned to achieve their hopes and dreams. Bravo! You made a difference! As an added bonus, change someone’s life and you may end up changing yours.

Why complain about the ills of the world when you could be a world of difference to someone you know? You may not be able to change the world, but you can change the world around you. Change a life and create a ripple that cascades forever.

 

This post is an excerpt from Soul Food: Change Your Thinking, Change Your Life by Frank Sonnenberg

Frank Sonnenberg is an award-winning author. He has written seven books and over 300 articles. Frank was recently named one of “America’s Top 100 Thought Leaders” and one of “America’s Most Influential Small Business Experts.” Frank has served on several boards and has consulted to some of the largest and most respected companies in the world.

Additionally, FrankSonnenbergOnline was named among the “Best 21st Century Leadership Blogs”; among the “Top 100 Socially-Shared Leadership Blogs”; and one of the “Best Inspirational Blogs On the Planet.”

Frank’s newest book, Soul Food: Change Your Thinking, Change Your Life, was released inNovember 2018 (© 2018 Frank Sonnenberg. All rights reserved.)

 

 

 

 

 

Filed Under: Book Reviews, Business Excellence, Career Success, High Performance Teams, John's Rants, Leadership, Life Success, Winning Culture Tagged With: , , , , , , , ,

Four Amazing Business Books That I Highly Recommend

11/17/2018 By

I have been reading a lot of business books lately, about a dozen a month, and wanted to take a minute to share with you four that I found very helpful. I am honored to call three of the authors, Tim Ressmeyer, Frank Sonnenberg, and Marty Neumeier friends. I’ve read every single book these authors have written, they’re all extremely talented and knowledgeable business people and have a lot of wisdom to share. These are all excellent books that will give you valuable ideas for personal, career and business success.

To find out more about these books just click on the cover and it will take you to a detailed description on Amazon. All of them are listed, so scroll down to find the ones you are looking for.

Here are some other great books by Frank Sonnenberg.

 

Here are Marty Neumeier’s books

This is one of my all-time favorite books…

Here is the book I told you about on hospitality by Danny Meyer.

I hope you find these books of great value, I know that I sure did!

Filed Under: Book Reviews, Business Excellence, Career Success, Life Success Tagged With: , , , , , , , , , , ,

What Are Your Leadership Values?

10/28/2018 By

This past week I was asked to give a talk at my alma mater, Santa Fe College in Gainesville, Florida.  I was speaking with a select group of their senior management team from across the entire organization and they sent me a list of questions they wanted me to answer and discuss.  One of the questions was, “What are the three values you rely on that underpin your leadership?”  I’ve never been asked a question quite like that and was pleasantly surprised after I gave it some thought.  Here are my top three…

Honesty

To me this is the absolute foundation of leadership, if you don’t tell the truth you can’t build trust and without trust, there is no loyalty, commitment or belief in the “leader.”  The rule here is simple, tell the truth all the time, period.

Love

I believe if you treat your team, your customers, even your competitors with love and respect you are following the path of a servant leader who understands that their job is to help and support others to be successful leaders.

Excellence

As one of my personal leadership values, I see the pursuit of excellence as the driver to creating an exceptional organization that has a positive impact on the lives of its employees, customers, community and the world.  Using “excellence” as a benchmark pushes each individual to be uncompromising in the quality of their work and always striving to deliver their very best.

Those are my top three, what are yours?

Filed Under: Business Excellence, Career Success, John's Rants, Leadership, Life Success Tagged With: , , , , ,

Practice This Skill and Become a Much Better Leader

09/04/2018 By

In this video, I’m going to challenge you to practice an extremely important leadership characteristic that many people struggle with. If you can master this skill it will create more trust, risk-taking, candor, and innovation within your organization.

I hope you follow through on my challenge, and as always, if you find this video helpful please pass it along to your network.

Thanks so much – John

Filed Under: Accountability, Employee Engagement, High Performance Teams, Leadership, Trust, Winning Culture Tagged With: , , , , , , , ,

14 Ideas For Leading In Difficult Times

08/23/2018 By

In the video below I share a list of 14 key ideas for successfully leading an organization through difficult times. These ideas apply to companies in a high-growth mode, or in a market that is being disrupted by technology, new competitors, changing consumer preferences, financial challenges, and other major events. The runtime on the video is a little over 14 minutes, but it has some great ideas that I know you will find valuable.

 

Filed Under: Business Excellence, Leadership, Strategy Tagged With: , , , , , , , , ,

Strong Culture through Vision, Value, and Voice

07/11/2018 By

strong culture vision value voice

When working to make positive changes or keep the “right” kind of people within your organization, it’s important that you have a strong set of company values and direction.

I’ve spent a lot of time thinking about this concept lately and took a few minutes to talk about it in my latest video. Check it out or read through the written format below.

 

 

I think most business leaders understand that culture is a critical element in the success of their organization.

A culture of engagement with employees who have an ownership mentality, who are satisfied, loyal, proactive – those are the sort of cultures we try to build because, as I like to say, culture equals cash. It’s one of the biggest areas in most businesses that you can improve the bottom line.

And as I look at culture, there’s a ton of stuff around: There’s the Gallup poll, the Great Places to Work Study, the Firms of Endearment Study – all of which show, unfortunately, a very high level of disengagement and even actively disengaged employees who are basically trying to sabotage their company.

But, to me, there are a few fundamental things you have to have in place before making positive changes or putting “icing on the cake.”

3 Things Every Relationship Needs

Several years ago, I was talking to a friend of mine that’s a psychologist and he said, “John, there are 3 things that everybody looks for in all the most important relationships in their lives: Safety, belongingness, and appreciation.”

Safety

Folks need to know they’re physically safe.

People need to know things like they’re not going to get their arm caught in a machine and that it’s safe to walk in the parking lot at the end of the evening.

They also need to feel psychologically safe. They need to know people aren’t going to yell at them, scream at them, intimidate them, and, at some level, that their job is safe and that the company’s not going to go under tomorrow. They’re not going to go out of business. They’re not having a massive layoff.

So, they need to have an underlining idea of safety.

Belongingness

People want to feel like they’re wanted on the team, that they belong as part of the tribe, and that they’re an integral part of the company.

Appreciation

People need and want appreciation for the work they do. They want appreciation for bringing a positive attitude to work every day and appreciation for their ideas and the things and diverse ideas they bring to the table.

 

So, safety, belongingness, appreciation: These are the elements that must be present in any given relationship.

Vision, Value, and Voice

I was listening to a podcast this week, and they were interviewing a gentleman named Mike Stallard. He had 3 other things that he focused on.

I think these match up very, very, well, and I liked what he said.

His 3 elements were vision, value, and voice.

Vision

People think, “If I’m going to be engaged in the company, I need to know what the vision is. What’s the direction?”

The way I always phrase this is that people need a vivid, compelling and well-communicated vision and strategy for growth.

If you’re not doing those things, if you can’t communicate where your company and your team are going, why certain things are, what and what you plan to achieve, you’re missing something.

You must have a clear, vivid, well-communicated vision and strategy for growth.

Value

I’m taking my friend’s model and changing it slightly, by splitting it into 2 things, value and values.

The first one, value, means that people need to know that the company values them, that they’re important, that their work is valued and they’re respected, that they’re treated with dignity and that they play an important role within the company. Their work is valued.

Values, also align with the values of the company. These folks believe in the things the company says are important, and when they go to work every day, they’re proud of where they work, and what the company stands for, and hold their team members and other colleagues accountable for living the values of the organization.

This is one of the big things we talk about in hiring now: You really have to hire for a values fit as well as some skills, experience, aptitude, and a positive attitude.

Voice

The last one is voice. People need to know they will have a voice within the company. If there’s an issue, or problem, or a challenge, they have faith that people will listen to them,

But equally as important or more important is, they have a voice and a stake in the outcome. They know their voice will be heard about the vision, the mission, the value of their work, projects, teamwork, customer focus, and that they can speak up and say what’s on their mind.

Bringing It Together

So, I believe, if you want to build a really strong culture at the foundation, you have to have safety, belongingness, appreciation, vision, value, and voice.

My question to you is, How well does your organization do those 6 things?

 

Filed Under: Business Excellence, Winning Culture Tagged With: , , , , ,

What Is Visioning?

07/05/2018 By

visioning vision board action planWhen I work with large corporations and CEOs, I often challenge them to think about the trajectory of their company. Where do they want their organization to be in the future? Based on how things are going, where is it headed now? These are vital questions.

Here is an overview of a powerful business idea I use to help organizations create a detailed and compelling vision of the future they want to achieve for their company.

Check out the video or read through the content below.

 

What Is Visioning?

I want to share a tool with you that I sometimes use when I’m working with CEOs and helping them create a foundation for their strategic plan, and it’s called “Visioning.”

I will challenge leaders to create what I would call a “painted picture” – a vivid, compelling, highly detailed picture of where the company will be in the coming years. Let’s just use 2025 for this one.

And there are two ways I ask them to approach it:

Approach #1

One way could be to write a story as if you’re a reporter from Inc., Fortune, Forbes, something like that, and you were there to write a story about your company in 2025, about all the things that it accomplished. Maybe you just made the Inc. 500, or Inc. 100, or Fortune 400, or whatever it might be, but they’re really impressed with your company and they want to come and write an article about all the cool things your company is doing.

And I want it in detail, just like it would be in the magazine.

And I challenge them: Read a couple of business magazines with overviews of companies, and that’s what I want you to write.

Approach #2

The other way, which happens to be my favorite way, is I ask them to write a story about what it would be like to be an employee in this company in 2025:

  • What would it be like?
  • What would the culture be like?
  • Who would I be working with?
  • Would it be a casual atmosphere where people brought their dog to work?
  • Would it be a more formal culture?
  • What kind of locations would we have?
  • How much total revenue?
  • Would there be an employee profit-sharing plan?

But I want them to sit down and really give some serious thought to where do you see your company 5 to 10 years from today, and I want it to be as if I was there.

What’s the Point?

Now, what does this do?

This creates a really broad story about what the owner, the CEO, the president, whoever it might be running the company, of what they really see the future look like for their organization.

Step 2, then, is to give that out to your senior management team and get some feedback. And oftentimes, there will be some difficult conversations.

And then once you get alignment on the senior management team that, yes, this is where we want the business to go, this is what we see in the future, then you can back up and do your vision statement.

But What Is a Vision Statement?

A vision statement should be short, concise, to the point, focused, typically with some numbers in it, total revenues, position in the market, locations, number of employees, whatever numbers are important to you.

From that vision statement comes your strategy, because your strategy is built to get you to the vision you have of the future of the company.

You start it out with where we want to be in 2025, and you back up, year by year, all that way down to the current year, and say, ”All right, if this is where we want to be in seven years, where do we have to be next year, and the year after that, and the year after that?”

Then it’s pretty simple to create some major strategic objectives, 3 or 4, but no more than 5, for where we want to be this year, and then break that down into organizational action steps – tactics that go all the way down to the front line, and then it cascades all the way back up to the vision.

But for me, creating a Visioning exercise is a really good way to get people dedicated to where they want to take the company in the future.

Apply “Visioning” in Other Places

And by the way, this works exactly the same for your life.

Sit down, and some people actually create a picture. They cut stuff out from magazines or take photos and say, ”This is what I want my life to look like in 2025. Here are some images that motivate me and get me excited.”

And then back up to today and say, ”What would I have to do today – what decisions would I have to make in my life today so that 7 years from now, I’m actually living that vivid vision of the future I want to create?”

 

I hope you found this helpful.

 

Filed Under: Business Excellence, Career Success, Leadership, Life Success, Strategy Tagged With: , , , ,
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