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Three Things a Leader Needs to Get the Mojo Back

August 8, 2018 By Patti Cotton Leave a Comment

Three Things a Leader Needs to Get the Mojo Back
Image Credit: Shutterstock

Leading is challenging.

But it should also be energizing and exciting.

If you as leader have lost the drive you used to feel, take heart – there are three things you need to focus on in order to get back on top of your game.

In fact, if your actions don’t inspire, motivate, and empower, it is time to regroup.

Inspire

When your employees are inspired, great things happen. People follow inspiration. As you inspire, your workforce feels a sense of belonging and commitment, and they become more engaged and productive.

And, lest you think you must be charismatic in order to be inspirational, take heart. In a recent employee poll, traits such as humility, empathy, openness, and high regard for others were named among the 33 traits identified as being inspirational (Eric Garton – “How to Be an Inspiring Leader,” Harvard Business Review, April 2017 ).

Motivate

When you bring passion and positive energy to your workforce, you spread an infectious attitude that supports high morale and keeps stress at lower levels.

Incentivizing your employees to do their very best goes far beyond offering higher wages. Find out what motivates your executive team members (hint: each will have something different to share). Things like feeling a part of the company’s success, learning to move a career ahead, personal development to step into higher personal leadership, receiving acknowledgement and recognition in a certain way – these are just a few examples of what really motivates people.

Do this – and teach your team to do likewise with their own teams. You’ll create an incredibly motivated workforce and a higher level of retention.

Empower

Demonstrate trust. Clarify the ends instead of the means, provide them with any non-negotiable parameters, and then let them spread their wings.

Explore where you can delegate, outline your expectations as far as results, and simply be on hand for questions.

Don’t know where to start? Ask them. What projects or responsibilities might they like to assume in order to flex their leadership skills?

And here’s a question I use with my clients to help them think outside the box: If you decided to take a six-month sabbatical, what would you need to delegate in order to feel that the company could move ahead as per usual?

If you will work on these three areas, you will find that you have not only reanimated your workforce, you will also recapture your own drive and commitment to lead. A win-win.


HOW MUCH

DO OTHERS REALLY TRUST YOU?

​Learn the two vital parts to trust and how they can help you become a more highly effective leader.

GET THE INFOGRAPHIC

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.

Man or Machine: Who Will Win in the Workplace of the Future?

July 11, 2018 By Patti Cotton Leave a Comment

Man or Machine: Who Will Win in the Workplace of the Future?
Image Credit: Shutterstock

What’s smarter than a human being?

A group of human beings.

Putting our heads together to come up with brilliant ideas and implementation has been recognized for centuries as “brain-trusting,” and is well-known for the rich perspectives, problem-solving, and creativity it can generate.

But now that machines loom larger and smarter, will this mean that we lose brain trust to brawn?

The experts project a loss of 800 million jobs by 2030 to machines.

How will you remain viable and vibrant in the new age of artificial intelligence (AI)?

AI is currently viewed as both an exciting development and a terrible threat. The advances we are able to make today and tomorrow are critical to meet an ever-growing complex world. Yet, we also realize that what has previously been accomplished by humans can now be taken over, at least in part, by machines.

What does that mean for meaningful work for us and for those generations that succeed us?

Will we lose our workplace to the machine?

No.

In fact, work may become more meaningful than ever before – if you and your organization are prepared to meet it.

It is important to understand that we continue to design machines that can take over automated tasks and mundane, repetitive work. We are seeing this in the operation and support of factories and production lines, customer call operations, document classification, and other areas.

With this development, machines will indeed replace a large part of the workforce that has previously performed these tasks.

In addition, machines are now capable of performing other more complex activities such as those requiring the processing of data streams, real-time knowledge, etc. Again, machines will dominate in this particular arena.

Then what is left for us?

How can AI actually benefit and bring more meaningful work opportunities to the human part of the future workforce?

Here are three ways:

1. Opportunities for vertical development.

Instead of emphasizing hard skills and competencies, focus will be on vertical development: developing the ability to perform more complex and adaptive thinking and to “see” with a greater lens and make sense of a world growing in complexity.

Our charge will be oversight and management of machines, rather than performing the tasks.

Abilities required of us at greater levels will be adaptability, network thinking, judgment, and creativity. Acquiring these skills means more career opportunities and greater flexibility in work choices open to us.

The good news is that each of us has been given the seeds to develop vertically – and there are proven ways to develop it systematically.

2. Opportunities to support the need for belonging and growth.

Human beings seek to belong, and they seek growth.

The workplace plays a critical role in helping people to do this. Those organizations embodying a culture of collaboration and offering individual and group growth opportunities will support these needs.

Further, this will benefit the company by lowering employee turnover, and heightening engagement, satisfaction, and productivity. Machines cannot create and support this culture – it is the people alone who are empowered to do this.

What does your company need in order to support this need for belonging and growth?

3. Opportunities to tap into collective intelligence (CI) to become the organization of the future.

CI is shared or group intelligence that emerges from the collaboration and collective efforts of many. And it is key to moving an organization into the future.

Gone is the hierarchical business model of one “general” at the top, several “sergeants” at the next levels, and many “foot soldiers” carrying out the tasks.

Instead, teams are leading teams, from top to bottom – to sideways. As leaders now demand greater leadership at every level, their workforces demand to have more voice and participation in leading the company forward.

We recognize the power of this collective, and welcome the rich brain trust it provides.

As we incorporate greater vertical development, a sense of belonging, and collective intelligence, this means we will have the ability to operate at a higher level of intelligence and meaning than we have ever experienced. And that is pretty exciting!

So where do we go from here? What’s your burning question or concern about man and machine in the workplace?


HOW MUCH

DO OTHERS REALLY TRUST YOU?

​Learn the two vital parts to trust and how they can help you become a more highly effective leader.

GET THE INFOGRAPHIC

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.

Three Ways Compassion Makes Your Business Better

June 20, 2018 By Patti Cotton Leave a Comment

Three Ways Compassion Makes Your Business Better
Image Credit: Shutterstock

In a recent CBS This Morning interview, Jeff Weiner, CEO of LinkedIn, expressed the importance of compassion in the workplace.

Regarding the organization of the future, Jeff said, “It’s about walking the walk… It’s about looking at different perspectives…it’s about those interpersonal or soft skills…that will set yourself, your team, and the organization up for success.”

To some people, this may sound like fluff.

After all, what’s love got to do with it?

How do you link compassion with success in a way that makes business sense?

First, let’s define what compassion is – and what it isn’t. A short definition of compassion is to have concern for the well-being of others. For more on this – and to learn what it isn’t – see my article on compassion and boundaries.

How does having concern for the well-being of others increase the bottom line?

Here are three ways compassion directly impacts your revenues.

1. Communication.

When compassion is absent from communication, it reflects a lack of willingness to walk in the other person’s shoes.

It is evidenced by little or no interest in hearing the perspectives of others, or in seeking to understand. It is also evidenced by a heightened tendency for reactive and judgmental thinking.

Poor communication can actually cost your company an average of $26,041 in productivity per employee per year. It can cost your managers the ability to perform the work and manage others; and it can cost you your leadership reputation.

2. Team and organizational alignment.

When compassion is absent from a company, teams and team members within teams work in silos.

Silos are responsible for missed deadlines, arguments over who is responsible for what, distrust, poor assumptions about others, conflict – the list goes on. The energy in such a business is negative and draining to the soul, and productivity is low as a result of it.

Do you consider yourself a compassionate leader? Be careful. Hubris Syndrome can creep up quickly, and you may discover you have actually compromised your leadership. For more on this, see my article: “Can You Lead with Heart and Get Results?”

3. Competitive advantage.

Caring for others gives you a corporate edge. But when compassion is absent, it has been proven to compromise your employees’ feelings of safety and loyalty.

They doubt that learning, collaboration, and innovation are possible at your company and can shut down, which impacts the bottom line. Service quality suffers without compassion, and the employee’s desire to empathize with others and move beyond personal bias to form a team suffers as well.

It is time to identify and take action on strategies for the workplace that ignite compassion, because, as you see, love and results do, indeed, go hand in hand.

Inspired by the book, Awakening Compassion at Work: The Quiet Power that Elevates People and Organizations (Berrett-Koehler Publishers, 2017, 272 pages)


HOW MUCH

DO OTHERS REALLY TRUST YOU?

​Learn the two vital parts to trust and how they can help you become a more highly effective leader.

GET THE INFOGRAPHIC

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.

Has Your Leadership Expired?

June 13, 2018 By Patti Cotton Leave a Comment

Has Your Leadership Expired?
Image Credit: Shutterstock

There is much buzz about “the organization of the future” as the top business focus around the globe. Indeed, in a world-wide survey conducted by Deloitte Touche Tohmatsu Ltd, the focus takes first place among 11 other key issues facing executives today as they ask themselves how to keep their respective companies sustainable into the next generation and beyond.

This makes sense. What leader doesn’t want his or her company to move into the future successfully? Those leading realize that, as technology and shifting customer demands transform the business landscape, they will need to restructure the organization, including many processes, roles and responsibilities, and other moving parts in order to deliver services and products.

But leadership needs to change, too.

In order to lead the organization of the future, to support required new approaches, ways of thinking, doing, workforce shifts, and so much more, leaders will need to up their game.

Is your leadership up to it?

Or is it out of date?

Top tenets of the organization of the future include operating at a faster pace, adapting more quickly to market demands, acquiring new knowledge more rapidly, and embracing dynamic career demands.

What will the leaders of today need to do in order to prepare for this?

The answer lies beyond a traditional emphasis on horizontal development, which concentrates on acquiring additional information, skills and competencies.

Instead, leaders will also need to add a focus on their vertical development – developing more complex and sophisticated ways of thinking.

This only makes sense: a more complex world mean that the organization needs to respond in kind.

To do this, we need a more sophisticated way of seeing and making sense of things so that we can lead effectively.

Here are some highlights of vertical development. Do you reflect these in your leadership?

  • Strategic Thinking 2.0

Your strategic thinking sees many patterns and connections. Gone is the black and white thinking of the past. It’s time to become comfortable with uncertainty as the norm instead of having a high need for certainty.

  • Leading Change

Success is no longer defined as achievement of individuals and teams, but a realization of a shared vision. Change is embraced as a culture and is a collaborative, ongoing process.

  • Leading Across Boundaries

Are you focused on the success of your own area of responsibility? This will be termed “siloed thinking,” and replaced by working in partnership with other functions. Brain-trusting will become a regular way of thinking and doing.

How do you develop these traits and practices in yourself, your team, and your employee base?

Nick Petrie, author of “Vertical Leaders,” www.CCL.org, outlines a 3-pronged approach that can support your growth initiative:

  1. Intense stretch experiences

Provide periodic “bursts” of learning stimulation by providing a challenging work initiative or project that stretches current thinking and skills.

  1. New ways of thinking

Hold periodic meetings with an outside facilitator with the intent of challenging beliefs and behaviors to develop higher thinking. During these meetings, choose two to three difficult business issues to surface beliefs, biases, and mental models so that you can collectively challenge these and shift thinking.

  1. Strong developmental networks

Use peer coaching to see through the eyes of different stakeholders and learn how to work on real-life issues incorporating multiple considerations.

As you review the suggestions above, you no doubt recognize that these kinds of shifts require dedication and time. However, without this commitment, your enterprise will probably become a casualty of the coming changes. Making the effort to meet the future now is an investment that will surely pay off today, as well as tomorrow.


HOW MUCH

DO OTHERS REALLY TRUST YOU?

​Learn the two vital parts to trust and how they can help you become a more highly effective leader.

GET THE INFOGRAPHIC

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.

Why Downsizing May Not Be the Answer

May 16, 2018 By Patti Cotton Leave a Comment

The Hidden Costs of Downsizing
Image Credit: Shutterstock

Tom S., CEO of the Jansen Company (fictitious individual and company names, real client), called me a short time after downsizing.

The company had lost quite a few customers due to the bad press it had received for this.

Employee morale and engagement were rapidly sinking.

There was a loss in productivity due not only to the occurrence itself, but also because the remaining employees had to absorb the work previously done by those having lost their jobs.

The cost in dollars to Jansen was significant and surprising.

The move to restructure had been a move to stop profit bleed. But just totaling money spent on loss of market share due to bad press, severance packages for those laid off, and current training costs for those who needed to absorb the work left behind, was more than the company had projected.

Additionally, employee turnover was on the rise, as people didn’t trust what the company might do next. The search for replacements was also costing Jansen money, time, and effort, as well as the onboarding and training to get the new people up to speed.

Things were a mess as a result of the downsizing.

It appeared that Jansen’s downsizing had been an incredibly poor idea that did not pay off.

It’s a fact that a majority of layoffs do not turn out well. Downsizing has become a default response to an ambiguous future marked by swift advances in technology, volatile markets, and growing competition (for more on this, see “Layoffs That Don’t Break Your Company” by Sucher and Gupta, Harvard Business Review, May-June 2018 issue).

There are new and more successful alternatives emerging – but in Jansen’s case, this was now water under the bridge.

The CEO had called me in because the executive team members were under extreme stress. A couple of them who had never worked well together were simply not talking to one another. He was afraid that some of these executives might secretly be job hunting, and the company couldn’t afford such a final blow.

He wondered if executive coaching might be the answer to supporting his team with the agility they needed as they faced managing this unexpected situation.

I agreed to meet with each one of the executives individually to get a sense of where they were vis-à-vis their commitment to the company and to assess their ability to manage change.

As I did so, I learned that their effectiveness as team members and as team itself had been compromised long before the decision to downsize took place.

And I wished I could have coached them sooner – before they found themselves in such a difficult situation. Because what I identified were some areas in their leadership that, had these been strengthened, might have circumvented the downsizing and what led up to it.

Here were the chief team and individual behaviors I uncovered. These led to high COI (costs of inaction).

  • Poor communication and conflict management (by the way, this one area account for around 67% of all productivity loss in any enterprise)
  • Slow and poor decision-making processes leading to less-than-optimal outcomes
  • Ineffective approaches to bring others along in the process for buy-in and commitment
  • Poor ability to keep eyes on the horizon for trends and shifts while managing the present
  • Poor stress management from high productivity and little return
  • Unwillingness to consider multiple perspectives leading to better creativity and innovation

I believe Jansen would not have had to consider downsizing, had decision-makers recognized the value of intentional and consistent leadership development.

Leadership directly affects all levels of the organization’s success.

Is your leadership producing a great ROI? Here are some questions to help you gauge this:

  1. Are people clamoring to work for your company? Are your employees highly engaged and productive?
  2. Is your business consistently increasing revenue and profitability? Or are there areas that need help?
  3. Are you retaining your current market share and capturing more? Or are you stalled at a certain point?
  4. Where do you stand vis-à-vis the competition? How well are your products and services reflecting the innovation you need to be on top?
  5. What does overall performance look like for your enterprise? Are there any silos or broken parts needing your attention?

Schedule a Complimentary Discovery Session!

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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