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Executive Coach & Career Strategist

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Crisis

Do Your Stakeholders Get in Your Way?

October 14, 2020 By Patti Cotton Leave a Comment

Do Your Stakeholders Get in Your Way?
Image Credit: Shutterstock

It’s challenging to get things done, especially with the changes you need to make.

Removing obstacles isn’t easy. But when roadblocks turn out to be the people who actually need to help you move forward, this can defeat even the best of initiatives.

Are your stakeholders aligned? Or are they just getting in your way?

“I’m ready to fire two of my key people,” said Jan. “They are the main holdup with the changes we need to make. If we don’t move on these, we will lose out on opportunity – and on the credibility we need with our board.”

“How are they showing resistance?” I asked.

“They began by talking to other team members on the side and pointing out what they saw as shortcomings in the plan. I’ve addressed this with them, but they still show reluctance to climb on board. I need their energy and I need their commitment.”

“What are you doing to bring them along in the process?” I asked.

“Bring them along? They were part of the visioning process. What else do I need to do?”

“If you are meeting with resistance, Jan, I’m curious about your process. As you worked together, did you allow for working through objections and considering various perspectives?”

“Patti, we don’t have time for that. I’ve got to push these initiatives through quickly. Otherwise, we will seriously jeopardize our financial health.”

“Well, if these two executives hold keys to moving forward, then you can’t do this without their support, Jan,” I responded. “Let’s take a look at how you can ignite them to action instead of dragging them behind you. If you don’t take the time to do that now, it sounds as if you won’t have a company to worry about.”

Jan shared that the company had lost significant market share during the first six months of the year due to the crisis. In order to remain financially healthy, Jan and the team had come up with a two-phase plan that would cut costs and generate greater revenue.

“When we discovered we could not recuperate quickly without making some big changes, we had to act quickly. We went offsite for a day, came up with a plan, and here we are,” said Jan. “These two executives are not alone in having to make changes.”

“Jan, may I share some perspective, here?” I asked.

“Anything – if it will move us along,” she said.

“Jan, these two executives are key to your success, right? That’s what you shared with me.”

“Yes,” Jan responded. “Without them, we can’t make some of the key pivots we need to make to recapture revenue.”

“Well, as we talk about the situation, I can hear your need to move quickly and your frustration. I can also hear that the support of your executives is paramount to succeeding.”

“Yes,” said Jan. “You are right. But where are you going with this?”

“Jan, your executive team members are key stakeholders. If you want to succeed well, we need to see how we can invite them to partner with you. Stakeholder alignment is key.”

“What would that mean?” asked Jan. “They realize that we need to take measures and act quickly. What do we do that we haven’t done?”

“In bringing stakeholders along, you must first see where they are with your ideas and what their concerns are,” I answered. “In this way, you would clarify what the gaps are and how to address them. But in your case, it sounds like you already know what the concerns are – at least, you are telling me that they are objecting and not aligning with your plan. Am I right?”

“Yes, I’m well aware of their concerns,” Jan said. “And I thought we addressed these in the meeting. It’s apparent to me now that we did not dig deep enough to surface more.”

“Jan, bringing stakeholders along is a process, not an item on a checklist,” I said. “You are right – a strategy meeting is just the beginning. Since you are aware of their objections, you can invite them to resolve these and align with you in one of two ways – your preference.

“You see, in order to bring people along, you actually have to be open to having your own mind changed – not just changing theirs. It’s not a matter of simply telling them what the plan is. It means being open to examining other perspectives and input. It means realizing that their thinking might make your thinking even better.”

Jan paused and sat back in her chair. “I’m listening.”

“You have a short timeline, Jan. It sounds like you need to get back in the room with everyone as a follow-up. Invite further involvement – ask for objectives and perspectives, giving them the end goal or transformation in mind. And let them work through it with you. Be sure you cover three things: (1) fears and concerns; (2) what’s in it for them; and (3) how the changes will make the company’s life better.

“You’ll find, Jan, that if you spend more time on this, you will recuperate time on the back end. Your stakeholders will have bought into the plan and will commit to it full force.”

I followed up with Jan six weeks later. She was pleased to report that the follow-up discussions had been powerful. She admitted changing her own mind on one of the ways to recapture revenue, and to seeing the value of pooling minds to come up with best solutions.

Do you recognize the importance of your stakeholders? Can you share the vision in a way that invites feedback and discussion? If you will devote the time to create such partnership, considering all perspectives and pooling best ideas, the results will be a win-win for the team and the entire organization.


© Patti Cotton and patticotton.com. All rights reserved. Unauthorized use and/or duplication of this material without express written permission from the author is strictly prohibited. Excerpts and links may be used, provided that attribution is made to Patti Cotton and patticotton.com, with links thereto.

Patti Cotton

Patti Cotton reenergizes talented leaders and their teams to achieve fulfillment and extraordinary results. For more information on how Patti Cotton can help you and your organization, click here.

Can You Pivot and Flex to Meet the Unexpected?

October 7, 2020 By Patti Cotton Leave a Comment

Can You Pivot and Flex to Meet the Unexpected?
Image Credit: Shutterstock

How powerful is your “pivot and flex”? Can you shift gears and make critical decisions when the unexpected leaves other leaders in a state of paralysis?

Your agility as a leader is paramount to meeting the future well.

How do you develop this ability so you can anticipate and get ahead?

David had risen through the ranks of Parkside Products’ early days. Having served as CEO for more than 10 years, he expanded the company’s footprint to represent in all 50 states. Because of his leadership, the business world recognized Parkside for quality and value.

Then, crisis hit.

And Parkside wasn’t ready.

COVID conditions slowed production significantly. And although David was heartened on one hand that they were still able to operate, he was extremely worried about fulfilling commitments.

Unless David could approach the business differently, Parkside would go under.

“I’ve thought for some time that I should brush up on how I lead this company,” David shared with me. “And I’m sorry it took such a crisis for me to act on it by calling you for help. What can I do?”

“David, you aren’t alone,” I said. “And you are right – it’s time to act.”

“Where do I begin?” David asked. “There is no end to good information and advice from experts in my industry. It’s that I’m not sure who to listen to, or how to plot the course. I’ve never led in a crisis.”

“It begins with your mindset,” I responded. “And you have an open one. That’s what it takes to step into new and more complex situations.”

Over the day, David and I worked together to assess how he approached decision-making and taking action on critical matters. I noted that he had good self-awareness on several fronts, but that he didn’t realize that, when he convened his team, he tended to dominate the space. As a result, his talented team was not speaking up. This meant that they were missing out on serious brainstorming and the sharing of new ideas.

“David,” I shared later, “we need to develop your self-awareness about how you make space for the team to contribute ideas and participate in decision-making.”

I went on to explain what I had seen, and he received the feedback well. This was just the first step, however. Here are the three steps we worked on to develop greater agility in David’s leadership:

Key Steps in Developing Leadership Agility

  1. Self-awareness

    In order to develop the ability to meet today’s complexity, a leader must first recognize his or her growth opportunities. This is not always easy to identify, and outside observation or a targeted assessment is often helpful.

  1. Experimenting with new behaviors

    Once the leader has identified where he/she can benefit from greater agility, new behaviors to support this must be identified and put to practice. Careful monitoring on a regular basis to assess the effectiveness of these behaviors is necessary.

  1. Seeking feedback

    As the leader practices the new behaviors that will support greater agility, seeking feedback to see what’s working helps to fast-track success. Seeking this from one’s executive team or with the people one works with most, will be highly effective.

Where could greater agility serve you as leader?

  • Is it in learning how to bring people along to meet the vision?
  • Does it create a shift in the way you make decisions, so they are even more effective?

I challenge you to seek feedback from those closest to you and to consider making the changes that will allow you to meet the future, now.


© Patti Cotton and patticotton.com. All rights reserved. Unauthorized use and/or duplication of this material without express written permission from the author is strictly prohibited. Excerpts and links may be used, provided that attribution is made to Patti Cotton and patticotton.com, with links thereto.

Patti Cotton

Patti Cotton reenergizes talented leaders and their teams to achieve fulfillment and extraordinary results. For more information on how Patti Cotton can help you and your organization, click here.

Is the Way You Show Up Under Pressure Hurting Your Leadership?

September 30, 2020 By Patti Cotton Leave a Comment

Is the Way You Show Up Under Pressure Hurting Your Leadership?
Image Credit: Shutterstock

How well do you manage yourself under pressure and stress? You may feel you are doing a good job at remaining calm and focused. Or you may feel it doesn’t matter whether you keep your cool or not. After all, everyone is human and entitled to their emotions.

But the way you manage yourself when the going gets tough can compromise others’ trust in you. It has a direct impact on how others assess your ability to lead.

Eric, CEO of a food distribution company, had lost credibility. When he called, he noted that members of his executive team seemed to be making decisions without him.  They were now siloed as they worked in their own areas of responsibility.

“Just like that,” Eric said. “COVID hit, we scrambled to put things in place, keep the company running, and here we are – fragmented, scrapping, and losing clients. I know we hit an international crisis, but I can’t seem to bring the group back together.”

Eric allowed me to visit with the team members individually to explore moving forward together with a more aligned approach.

“Eric lost his edge in May,” said one. “He stopped making the hard decisions and would use phrases like, ‘let’s just wait and see’ when it came to things we couldn’t wait on.”

“Eric holed up in his office when COVID hit,” said another. “He seemed distant and aloof. He would lead discussions around tactics to survive, but he couldn’t seem to move beyond the immediate. After a while, we just left him alone and moved forward.”

I sat with six executives, and the messages were all similar.

“Eric, we have some trust-rebuilding to do with your team,” I said. “They have lost confidence in your ability to lead under pressure.”

“What? I don’t understand!”

“Here is a short list: unresponsive, preoccupied, slow to make crucial decisions…”

Eric slowly sat back in his chair. After a quiet moment, he said, “I didn’t realize it showed that much.”

He shared the pressure that COVID had generated for them.

“I lost a lot of sleep,” he said. “There were so many new things we had to deal with as far as employees working from home, shipping things out. And so many other things.” He seemed lost in thought. “I have to say the stress really got to me. I guess I didn’t handle things that well.”

“We can rebuild,” I said. “But you are also going to have to learn to manage the way you show up under pressure.”

Over the next few months, we did some important team building using a short-term strategic action plan to recover client loyalty and revenue. At the same time, Eric and I worked on techniques to sharpen his awareness around his emotions and how this affected his decision-making and ability to relate to others.

They continued to improve in their trust of Eric and the team’s ability to work together under stressful conditions. Today, Eric’s team is one of the most agile I know, starting with Eric and his ability to lead, and the team in how they work together.

How do others perceive your ability to manage yourself as leader when the going gets tough? If you aren’t sure, it’s time to ask them.


© Patti Cotton and patticotton.com. All rights reserved. Unauthorized use and/or duplication of this material without express written permission from the author is strictly prohibited. Excerpts and links may be used, provided that attribution is made to Patti Cotton and patticotton.com, with links thereto.

Patti Cotton

Patti Cotton reenergizes talented leaders and their teams to achieve fulfillment and extraordinary results. For more information on how Patti Cotton can help you and your organization, click here.

Leading the Executive Team Post-Crisis

August 12, 2020 By Patti Cotton Leave a Comment

Leading the Executive Team Post-Crisis
Image Credit: Shutterstock

The immediate crisis is over. And although you are still rapidly recovering revenue and rebuilding operations, you now need to bring greater stability to the organization.

Your team’s quick response to meet the crisis is to be celebrated. But the approach will not work well in this next stage of change.

This means your team needs to change the way they operate. And given the different business landscape, the way we used to operate will no longer work.

It’s a different world – and we must work differently together.

So, if you are expecting your team will simply “fall back into place and get back to work,” think again. A lack of intentional rebuilding on your part will result in confusion, misalignment, conflict and a great potential to lose top talent.

Your team must reinvent itself at this point in order to perform effectively.

Where do you begin?

1. Look back to move forward.

Bring closure to this period by celebrating the successes of the team in having moved through the immediate crisis. Set some thoughtful time aside for this and make sure you invite the team to give their input. Talk about what the experience was like for them, what they needed to shift or change in order to get the work done. What did they learn?

2. Chart a purposeful path forward.

Recognize that as a team and organization, you cannot pull back. Much change occurred during the immediate crisis. People were asked to stretch, do differently, products and services were delivered in different ways, much more. As you chart a purposeful path forward, what needs to be examined? Incorporated? Altered?

3. Set the operational pace.

Restate the organizational vision to shift the team lens to the long-term. Then, roll back to the short term, asking what this means – what the focus should be – for the next 3-6-12 months, How can the learnings you discussed be incorporated?

4. Charter how you will operate together from this point.

Articulate who you are as a team. What do you know about your abilities and potential? How can you put this to use, and how will you align and coordinate your decision-making as you set out onto the new landscape together? How will you measure success? Handle critical communications? Accountability?

5. Lead with resolve.

Because uncertainty is now part of the norm, keep your eyes on vision, knowing that strategies and initiatives may change in order to reach it. Consider how you as a team will adopt an explorer’s mindset as part of your culture. Remember how, together, you weathered the last storm and weave this into your group narrative. Use this as a tether in future tough times as a reminder that as a team, you faced the seeming insurmountable and rose victorious.

If you are intentional with these steps as part of your organizational transition, you will reap the benefit of stronger commitment and engagement on the part of your team. Once you do this, encourage each of the team members to replicate this process through the organization with their own teams.

To your success!

The Clockwork of Excellent Leadership:   3 Essential Gears

What makes up excellent leadership? The essential components that go into leadership must all work together, or they begin to wear on one another and bring things to a stop. Learn how to keep them running like clockwork. Sign up to receive the  complimentary infographic.


© Patti Cotton and patticotton.com. All rights reserved. Unauthorized use and/or duplication of this material without express written permission from the author is strictly prohibited. Excerpts and links may be used, provided that attribution is made to Patti Cotton and patticotton.com, with links thereto.

Patti Cotton

Patti Cotton reenergizes talented leaders and their teams to achieve fulfillment and extraordinary results. For more information on how Patti Cotton can help you and your organization, click here.

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