Patti Cotton

Executive Coach & Career Strategist

productivity

Is Your Leadership Team Out of Alignment?

By Leave a Comment

Is Your Leadership Team Out of Alignment?
Image Credit: Shutterstock

What’s happened to your leadership team? You have carefully chosen each member and empowered them to do great things. Yet, you aren’t getting the results you want.

Could it be that your team is out of alignment?

Telltale signs can include subpar performance, poor decision-making, executives at odds with each other, units working at cross purposes, and a rise in conflict.

How can you fix this?

Because if you don’t, your organization will reflect this at every level. Productivity, revenues, reputation – the list goes on.

First, understand that you must look at two kinds of alignment: strategic and cultural.

Strategic Alignment

Strategic alignment is what is necessary for a team to operate well together in their goals and actions so that the organization’s agreed purpose and vision are met. I can tell if a leadership team is out of strategic alignment by having each member list out their internal and external initiatives and comparing these with the organizational vision and goals. If the team member’s initiatives don’t support the larger vision and goals, this means it is time to review and redirect. If this seems like your team’s challenge, it is an opportunity for teambuilding through conducting some actionable strategic realignment sessions.

Cultural Alignment

Cultural alignment is met through team members’ commitment to shared attitudes, behaviors, and actions so that the organization’s values and principles are reinforced. When I work with leadership teams and detect unspoken conversations, silos, turf wars, and a hesitancy to make tough decisions in order to move forward, I know it’s time to revisit their mission, values, and team charter (their team values “in action,” or “group norms”). Most leadership teams have not taken the time to define their team charter so that they can enjoy a dynamic, shared culture. When I work with them to develop this, the positive cultural outcomes ripple throughout the entire organization.

Where do you detect that your leadership team may be out of alignment?

The rest of your enterprise is watching and will do likewise.

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.

How to Retain Your Top Talent

By Leave a Comment

How to Retain Your Top Talent
Image Credit: Shutterstock

What keeps CEOs up at night?

Lots of things.

But their #1 concern is attracting and retaining great talent.

And many companies do better at attracting this talent than keeping it.

How much are you losing if you can’t figure this out?

That depends. If you need to retain highly complex positions (managers, software developers and such), you risk missing out up to 800% more productivity, because superior talent is up to 8 times more productive (Keller and Meaney, Leading Organizations).

What is the answer?

Make your company so attractive that no one wants to leave.

Here are five ways to do this:

1.  Develop a high-trust culture.

Trust serves as the foundation for all else. Trust is the incubator for healthy communication, collaboration, empowerment, productivity, profitability…in short, all components that support working at highest and best levels.

Does your company lean on “control and monitor” behaviors or heavy compliance?

These are early signs of a problem. How do you begin to turn this around?

It begins with you. Determine how trustworthy you are as CEO, because your company will rate no higher than its leadership. Download the trust infographic and rank yourself – and then ask those closest to you to do the same. Compare. Where do you need to begin developing more trust with your people?

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

2.  Foster a company-wide growth mindset.

This kind of mindset is the stuff of motivation and innovation.

A fixed mindset reflects a closed attitude. Language includes phrases like, “That idea won’t work,” or “It can’t be done right now.”

Growth mindset attitude and language, on the other hand, will reflect phrases such as “How might this work? How might this be possible?” Failure is seen as a way to learn and not as a reason to stop trying.

If you notice there are just a handful of people always making decisions for everyone else, this is an indicator that you are not fostering a growth mindset in your employees.

Where can you start?

Begin by what is right in front of you – applaud all new ideas. When asking for input, make it a rule that whenever someone volunteers a new idea, that the first person to speak after that must say something positive about the idea, whether they agree with it or not. This sends the message that all people have something valuable to contribute, and it fosters creativity.

3.  Recognize and reward the right things.

Are you emotionally biased toward certain employees and against others?

On a company-wide basis, make sure that your systems and processes for recognition are standardized. Form a taskforce to evaluate this.

And then, have this taskforce identify what should be recognized. Go wide! The way in which you acknowledge things such as caring and supportive behaviors can go a long way; these certainly are influences on business outcomes. And on a personal basis, please take the time to acknowledge contributions and jobs well done. It is free to mention people in meetings to thank them for their efforts – and this kind of approach fosters a caring culture that goes far.

4.  Empower your people.

If you feel your people need higher accountability, it may be your systems and processes and not a lack of talent on their part. Start with the basics. Make sure you have clearly outlined expectations for their role and responsibilities.

Then, work together to agree on top goals and priorities for their area of responsibility. Can you show them how these support company-wide goals? Without this foundation, even the best in talent will operate somewhat hesitantly or begin to get lost in the weeds. Make sure you have agreed on a system of reporting that reflects these goals, and which relieves you from chasing your executives for answers (the latter of which is a real trust-killer). By setting this structure in motion, you will empower your talent to move forward with confidence and perform at their best.

5.  Invest in leadership development at every level.

Learning and development is a key concern for companies world-wide. And company talent seeks opportunities for growth and career development. Providing employees at every level with leadership development opportunities meets both objectives well.

When you invest in this, you foster greater performance and contribution – and you can also more easily identify rising stars. And as your company talent receives this focused support, they will feel recognized by the company, and motivated by their growth and future opportunities within. It is surprisingly cost-effective to implement a company-wide leadership development effort. And the ROI is exponential (Note: Executive coaching typically yields an ROI of 4-10 times the initial investment; training with a group coaching component can yield similar results.)

Retaining your top talent requires a healthy and exciting culture. If your culture needs a “reboot,” please understand that this takes time and effort. The payoff, however, is exponential, being key to current profitability and future success.

© 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.

The Cost of Snap Judgments

By Leave a Comment

The Cost of Snap Judgments
Image Credit: Shutterstock

Are you compromising your leadership by making snap judgments?

Research shows that we use less information than we think when making decisions.

Yet, what can you do when the volume of problems to be solved continues to grow?

If you tend to make decisions quickly without the benefit of “the rest of the story,” your leadership and your company are in jeopardy.

How do you solve this?

Here’s an actual client scenario: (names are fictitious)

Nate, senior manager of operations of Allen, Inc., hurried into Jim’s office. “Our steel inventory won’t meet demands this next month. I’m particularly concerned about making good on our commitment to Shanden, Inc., our biggest account.”

“You are right – we can’t have this,” sputtered Jim, CEO. “I hate to do it, but go ahead and buy the more expensive grade of steel for their current project. I know it doesn’t require it, but we need to keep Shanden. I’ll find the money somewhere.”

Jim and Nate spent a lot of money to procure last-minute inventory – and inventory that was overkill for what Shanden’s project actually required.

Here’s what both men did not consider – and which could have saved them headaches and dollars:

  1. Jim lost trust, which was replaced by resentment.

    Jim lost trust with his employees

And he lost trust with his middle management.

In this scenario, Sam, the relationship manager for the top account was not consulted. If he had been, Nate and Jim would have learned that Shanden’s project had in fact come to a standstill for external reasons. The men could have waited and ordered less expensive inventory.

“I could have saved them a lot of trouble and money,” Sam said. “I may as well be invisible here.”

Jim lost trust with Allen employees who worked directly with Shanden to deliver product.

They became resentful, knowing this kind of steel was overkill and required quite a bit more money. Could this kind of decision-making jeopardize things like their raises that they had been promised later in the year? If the boss had such funding, why had he said the company couldn’t invest in better conditions for them? Did he really care about them?

  1. Jim lost an opportunity to mentor and empower his top talent.

Nate had a habit of knee-jerking and not getting all the facts before panicking – something that Jim had inadvertently fostered in him by doing the same.

And Sam was furious. “I feel like a useless paper-pusher, here,” he told me. “If I were included in decisions that affect my area, I could contribute quite a bit – and save Allen money and relationships!”

Nate should have included Sam in his fact-gathering – and Jim should have asked that Sam’s input be included before making a decision. Getting the perspective and input from all relevant parties would have resulted in a much healthier, less costly outcome and much better team relationships.

  1. Jim weakened Allen, Inc.’s future.

Jim incurred loss for the company. Allen lost money on the Shanden project as a result of throwing money at it. This meant that Allen didn’t have the reserves it needed to invest in some of the company’s top priorities later that year – including the employee raises and some expansion it was considering. These losses definitely affected employee morale and productivity, and Allen’s future opportunities.

What happened to Jim? Jim fell into the psychological trap of allowing his emotions to get in the way of careful judgment.

Ed O’Brien, associate professor of behavioral science at the University of Chicago Booth School of Business, has performed experiments with decision-making that point out the following:

“People view the mind as a rational arbiter, assuming that they and others will withhold judgment until they finish flipping through all the evidence. But the mind isn’t just a passive information processor; it’s also emotional. In reality, once people begin to experience…evidence in real time, they will inevitably react to it as they go along. We won’t need to see later information if we already love or hate the very first piece” (“We Use Less Information to Make Decisions Than We Think,” Harvard Business Review, 03-07-19).

Are you too quick to judge?

Losing trust, weakening your business, and limiting opportunities definitely make a case for slowing down, getting the full picture, and diagnosing the real problem.

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 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.

Three Ways to Jump-start Team Creativity

By Leave a Comment

Three Ways to Jump-start Team Creativity
Image Credit: Shutterstock

Creativity is essential to any organization if you want to move your business forward.

But what do you do when you’ve taken great pains to foster a supportive culture for this, but your team doesn’t seem to follow?

Often, it’s a matter of just one small shift in the way that you put your heads together.

Here are three ideas to help jump-start team creativity.

 1.  Champion the new idea.

What happens when a team member comes up with a new idea?

Most often, others on the team will respond with a cautionary response, or reasons why the idea will not work.

Research shows that when this happens, the subtle message is that bad things happen when new ideas are expressed. Instead, get your team to commit to doing the following: when someone shares a new idea or possibility, the first person to speak up must say something positive about the idea. This doesn’t mean the speaker has to endorse the idea; he or she must simply make a positive statement. An example might be, “That’s one I’ve never thought of! I’d love to sit down to explore how it might work!”

Research is showing that this one shift is allowing the safe psychological space in which to incubate innovation.

2.  Play the “what if” game.

When brainstorming on a new idea, spending time on reasons why something won’t work can stall creative energy. Frustration sets in, and the brain’s frontal lobe (where we do all our best thinking) shuts down – and usually ends the conversation.

To avoid this, confront the perceived roadblock when identified by stating, “And what if _____ (identified roadblock) were not an issue?”

This will quickly reanimate the conversation and, quite often, promote other ideas to work around the roadblock when all is said and done.

3.  Practice “brain-writing.”

Brain-writing is an effective alternative to brainstorming, which was popularized in the 1970s. The genius behind it is that it helps participants to step out their normal mental framework to explore greater possibilities.

There are variations of brain-writing, but one example is to pass out Post-ItTM notes or index cards, and have each person write down an idea. These are then passed to the next person on the right.

This receiving person can do one of three things: use the written idea as a catalyst for a new idea, modify the original idea, or pass the card along to the next person. After a set time agreed upon by the team, ideas are gathered up, grouped, and evaluated. For more on brain-writing, click here.

As you begin to recognize the sparks of creativity begin to fly, remember to encourage this so that momentum grows. Think about rewarding the best suggestion or solution with something the team has previously agreed upon, such as gift card for dinner out, a pair of movie tickets, or extra time off. These are small prices to pay for the benefits creativity brings – increased engagement, motivation, problem-solving and productivity, just to name a few.

© 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.

Are You Holding Your Employees Hostage?

By Leave a Comment

Are You Holding Your Employees Hostage?
Image Credit: Shutterstock

Five Ways to Find Out…

Do your employees feel happy and secure at work?

Or do they feel as though they are being held hostage?

You may not realize it, but when an enterprise is trust deficient, its employees suffer, which means the company does, too.

In fact, if your culture isn’t emotionally connected, your employees can experience the same stressful range of emotions as a hostage does, feeling anxious, fearful, and with the ambition to get out quickly.

It’s difficult to detect the emotions – but you can readily see the effects. What should you look for? And what’s causing it?

Here are five ways to identify whether your culture is lacking in trust, and what is causing it.

  1. Your executive team hasn’t had a new idea in ages.

Your executives are aware of changing trends, but they aren’t exhibiting the creativity and innovation needed for the company to retain its competitive edge. This usually indicates an atmosphere where new and creative is not welcome, or where the opinions of others are not valued.

Are you surrounded by “yes” people who always think your ideas are wonderful?

If so, you will want to take a look at your listening skills and determine if you are encouraging the perspectives of others – not being first with all the answers.

  1. You have a manager who is a chronic complainer.

Your managers tend to shy away from solutions and wait for you to solve problems. One of them consistently brings complaints to your door.

Are you holding them accountable for results?

I’m guessing you are. But are you empowering them with the ability to come up with possible solutions to problems?

If you have complainers or those who wait for orders, this means you need to exercise providing feedback to help them take that responsibility.

  1. One of your teams doesn’t play well with others.

Teams have trouble getting the work done when they must involve other teams to complete an initiative.

Does one of your teams have a chronic “bad kid” reputation? If they can’t connect well with others to get the job done, this means a conversation about their performance with the rest of the enterprise.

Of course, this can’t be done in isolation – chances are, if you have a “bad kid” team in your company, the culture supports it. Time to revisit.

  1. You put up with a key employee who is rough around the edges.

This person is great at technical skills, but very poor when it comes to getting along with others.

This is close to #3 above – the “bad kid” team. However, if you have put up with a key employee who is rough around the edges, this probably means you don’t want to touch the situation for a reason.

Perhaps the person is a star performer or some kind of genius who can do something for your enterprise that no one else can.

Think again – when an employee is allowed to mistreat or disrespect others, this is a de-motivator to the rest of your employee base. Demotivation leads to productivity loss, turnover, etc. – so, no matter how good they are, their behavior is not worth putting up with. Find a solution.

  1. One or more of your teams or areas is less productive than others.

This can manifest in ways such as sub-par productivity, continually missed deadlines, and finger-pointing and blaming in meetings.

Who is steering your ship? If you find that you are continually taking that team’s manager to task on poor performance, this means you haven’t defined what productivity looks like – or you aren’t holding him or her accountable to that shared agreement.

Being transparent about how this is affecting the larger body is pivotal. You are otherwise disrespecting your entire employee base.

These five scenarios cultivate a culture that is devoid of trust. And when trust is lacking, the enterprise will suffer. Where do you need more trust in your organization? Download the infographic to find out.

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