How to tie everyone to PROFIT [VIDEO]
Does every team member on your team know how they tie to profit? I mean really know? When a study published in Businessweek revealed they had asked 6,000 employees, "Do...
Last week I made a new friend—Tom Voccola, author of The Accidental CEO. Tom took something I’ve talked about for 20 years and put it in context with a picture—a pyramid with six levels. I’ll describe it for you.
At the bottom of the pyramid is the environment—tools, training, and benefits. These things are important, but they are miniscule in the big picture of running a high performing organization. Unfortunately, most organizations spend over 80 percent of their time here and never move up the hierarchical pyramid to where the power lies.
Moving up one level, we come to behaviors. Getting people to live by customer service standards and follow procedures is higher up the pyramid and more important. Good stuff, but still not the magic.
Next comes capability—getting the right people in place. Valuable, but still below the key line of breakthrough.
Above the midline, the magic begins to happen, starting with alignment of team members’ beliefs. “Why are we infinitely better than the competition?” and “What is the honor code that we live by?” are among the questions that clarify beliefs, making that alignment possible. They represent the first steps into powerful territory.
Next is the category of leading, transforming, and inspiring—getting your people to grow and play full on. Now we’ve got some real magic happening.
So what’s at the top of the pyramid, where the very top performers live? That’s the territory of purpose and passion. The juice. The high-octane operating system that makes miracles and breakthroughs part of daily language.
Those who are waiting for the things to go back to “normal” may not realize that staying stuck in the bottom sixth of the pyramid puts their future in question. By-the-book “management” is old school. It doesn’t work.
So what will be your first step to move up the pyramid?
Does every team member on your team know how they tie to profit? I mean really know? When a study published in Businessweek revealed they had asked 6,000 employees, "Do...
Everyone has patterns of disbelief. Some people believe that in politics, there is one side or the other, and they're unwilling to look at the alternative. Still others...
I hear the same thing everywhere I go—"We need to build an accountability culture!" Great idea, right? But here’s the problem: we’ve been saying this for decades, and...
I have a book that I love—a book I read a couple of times last year and still reference often. It’s called Intelligent Thinking—which, let’s be honest, sounds like a...
Are you still working off a to-do list? Well, I’ve got a suggestion for you: throw that list out—and do it now! Not all tasks are created equal, and that's a big reason...
Every time I meet a new bank CEO, I hear the same thing I’ve heard from thousands of other bank CEOs before. They say, “Roxanne, it’s different here.” Here, we have to...
Have you ever rolled out of bed on a Monday morning, fired up and ready to take on the week, only to be met with a flood of excuses? You’re pumped, you’re ready to go,...
So, I’ve had a mentor for about 30 years now. He’s one of the wealthiest people in the country, and when he came here, he had just fifty bucks in his pocket. He once...
So, are we as an industry overly regulated? Absolutely. But here’s the thing: when I sit down with my CEOs on Fridays—many of whom are in the top five percent of...
Are interest rates going up or down? Short-term or long-term? What? You don’t know for sure? Well, that’s actually a good sign. It means you’re thinking because...