Monday, March 23, 2009

Gino's Passionate Plea - #2

I’m noticing two key issues right now.

I send this with an assumption that you have read the first passionate plea. Trusting that from the first passionate plea you are putting the greater good of the company first, you have reversed your accountability chart (if necessary), are staying disciplined, are remaining at your best and are facing the brutal facts of reality. Here they are.
The two key issues for even the ones that are doing well on all of the above are that most leaders are frozen, and they are not fighting. I’ll expand on each, one at a time:
1. They are frozen means that people are stuck, uncertain, feeling isolated, and confused. If you can relate, I would prescribe four remedies immediately:
  • Make a list of everything that is worrying you. I know that this might seem counterproductive, but just do it. When I meet with people who are wrestling with issues, the first thing I have them do is write out all of their concerns, fears and worries. As Dan Sullivan says, “All progress begins with telling the truth.” This exercise will literally change your brain function from “fight or flight” to “rational and logical” thinking. It’s powerful.
  • Do something. You’ve got to create movement in some direction. The reason you have a problem, issue, or concern or are losing energy is simply that you have not made a decision. It is time to start making decisions. As the saying goes, “It’s more important that you decide than what you decide.” So decide!
  • Have a plan. Your people are eager and want to know your plan. It is vital that you crystallize it and over-communicate it regularly. You owe it to them, and they need it. The number one difference I see between employees that are motivated and the ones that aren’t is that their leadership team has a plan.
  • Stop wallowing in what you’ve lost. We have all lost things as of late, whether it’s property values, 401k values, net worth, money, or clients. The world has right-sized. Treat right now as the starting point. This is the first day of the rest of your life. Just simply go forward from here.

2. They are not fighting, which means that a lot of leaders are being a little meek. I will lose a few friends with this one, but here it goes. I am noticing that people are a little spoiled. It’s been easy for the last 10 years. We have to get good at a little hand-to-hand combat. In sitting down with one of my clients that is experiencing massive growth in a very tough, competitive, and beat-up industry, he shared how he is winning. In the conversation he stated, “I realized that I have been fighting my whole life. It’s second nature for me.” Simply put, he is a good fighter.

Please don’t get me wrong: I am talking about a fair and good fight, but a fight nonetheless. Saying it another way, don’t leave any stone unturned. Make sure that you are maximizing, adding value, and taking good care of every client; that your sales and marketing are rock-solid and clearly solving a problem for people; that you are exhausting every option; and that you are staying laser-focused and everyone is doing the basics.

It is on us, the entrepreneurs and leaders, to provide the momentum. You can’t control the world economy, but you can control your own economy. Start with your family, your business, and your network, and be the positive force. Be the spark.

One last closing thought: I have a rare perspective working with 35 companies at any given time in southeast Michigan. In summary, what I see the great ones doing are the following seven things:

  • They have a plan and are moving forward.
  • They convey that plan to their employees often.
  • They are staying realistic (not optimistic or pessimistic).
  • They are right-sizing (reverse accountability chart).
  • They are protecting cash flow/profitability.
  • They are working twice as hard.
  • They are fighting.

I hope this helps. Please don’t hesitate with questions, comments, or feedback.

Stay focused,

Gino

Monday, March 9, 2009

The Ambition to Excel

3/9/2009

During the last year of his life, John Adams, our second President, was visited by a young Ralph Waldo Emerson, recently graduated from Harvard University. Emerson spent the day with Adams listening to him reminisce the birth of our nation.

The American Revolution was a time of risk and great uncertainty but our founding fathers persevered in their resolve to create a new nation. In addition to external threats and challenges, they overcame internal conflicts and rose above their personal agendas for the common good and for a common goal, a free America.

Years later, Emerson was asked about the day that he had spent with Adams. Emerson said that he was struck by Adam’s comment that what the country lacked, and needed most, was people with the “ambition to excel”.

The ambition to excel drives us to go beyond the possible and pursue the seemingly impossible. It helps us understand that the opposite of success isn’t failure, it is complacency.