10 Business reSolutions for 2010

1. Conduct a SWOT Analysis for 2009 and analyze your sales, operations, people, and financial commitments.
2. Conduct a Customer Satisfaction Survey to define benchmarks in your core competencies
3. Develop a Strategic or Business Plan for 2010.
4. Meet quarterly with your professional advisors (Accounting, Legal, Business Consultant, Financial Planner, etc.) to review progress and determine action plans.
5. Focus your energies on your talented people
6. Complete a course or take a workshop for self-improvement and/or business development
7. Focus on your strengths, the strengths of your people, and your processes.
8. Prioritize your tasks and make sure others do as well.
9. Remember that time management is personal management.
10. Celebrate success; offer praise and recognition to your top producers.

By Richard Hohmann, VP of Innovative Leadership
Business Consulting - Leadership/Management Development, Strategic Planning and more

Did you know?

The majority of Management Development and Leadership Training Programs do not provide participants with the following even though they all have been shown to improve the effectiveness of the learning for the participant:

Use problem-solving tasks
Use multiple examples
Use role-playing or practice exercises
Creation of an action plan

Here are the statistics reported in an article that appeared online in Manage Smarter , (12/23/200). Over 86% of participants said that the training made them more effective when problem-solving was included in the session. 87% of participants said the training made them more effective when multiple examples were used in the program.91% of participants said the training was more effective when practice exercises or role-plays were used and 90% of the participants found the training made them more effective when action planning was incorporated in the program.

Our Solution:

Innovative Leadership’s provides a full compliment of Leadership and Management Development Processes in which all of our courses include all of the above. Our Leadership and Management Development Courses all include Application and Action Exercises that allow the participants to actively problem-solve within each lesson. Each lesson contains a Case Study that is designed to provide multiple examples for the participants. Action Plans are used with each lesson make sure that each participant uses the newly learned material in the workplace immediately. Role-playing and practice exercises can only be delivered by experienced managers or leaders. Unlike most of the Customized Training companies, all of our facilitators have extensive management experience resulting in some pretty interesting role plays.

Call us at your convenience to find out how our programs provide more than information at 609.390.2830 or explore our website http://www.ILDV.org

Key Business Resolutions for 2009

In these turbulent times, it is imperative that companies optimize their strengths and utilize their resources to provide the customer with quality products and/or services. So here are my recommended resolutions for Businesses:

1. Strengthen your relationship with your client
- Use every possible tool and practice to both touch your clients frequently. Determine what is important to them and show them how you are meeting their expectations.

2. Make a Plan
- Create a plan that is both tactical and strategically. Make sure you include a creative and financially sound marketing plan.

3. Improve communication with your management team and employees
- Focus on your key employees and make sure that they understand the need to improve communication and be accountable for results.

4. Implement cost cutting techniques without sacrificing quality
- Be prepared to budget accordingly in relation to the external and internal factors affecting your highly competitive market.

5. Build a support team
- Lean on your advisory team of professionals to help you formulate a financially focused action plan that offers the metrics to define success.

6. Become goal-oriented
- Create a goal-oriented culture that thrives on achievement.

7. Monitor your progress
- Make sure you create dashboards for you and your management team to monitor the key performance indicators.


Article written by Richard J. Hohmann Jr., Senior Business and Management Consultant for Innovative Leadership, a strategic partner with Fitzpatrick, Bongiovanni, & Kelly, PC, and also a member of the Collaboration Team for Leadership Management International. Richard can also speak at your next organization’s meeting, to invite him to speak call 609-390-2830, For your business solutions click here: http:// www.ILDV.org

Leadership Doesn't Just Happen: Lead by Intention

When people compliment your success, do you talk about luck rather than purpose? Maybe you should remember chemist Louis Pastuer's assertion that "chance favors the prepared mind." People don't rise to the top by accident. It takes intention to become a great leader. Here are some secrets that can help you out in front:

• Broaden Your Mind. Management consultant Peter Drucker studies a new subject each summer randing from science in Acient Chine to Russian literature. Inspire out-of-the-box thinking and recapture the joy of learning by takinga class in an off-the-wall subject.


• Toot Your Horn. You don't need to become a braggart but you do need to be able to describe your strengths to others who might help further your career. Review your training and experience and pick out the traits you feel are most valuable. You'll find it easier to get the hang of touting your attributes without embarrassment if you practice describing them as if you were talking about a third person.


• Make a Stretch. Rather than waiting for opportunity to knock, ask your supervisor what you should do to prepare for a job two grades above your current position. Be honest in explaining that you're ambitious and want to build skills for a long-range future.


• Face the Music. You'll never be a strong leader until you conquer the fear of giving presentations. Take a public speaking course or join a local Toastmasters chapter. Once you get into the habit of speaking in a non-threatening environment, it will be easier to take the stage when it really counts.


• Find an Example. Look for leadership models in your company, your industry, in public life - or even in works of fiction. Learn all you can about these individuals and emulate their styles or incorporate some of their strong traits into your own style. After all, it's easier to lead if others think you fit the part.


• Take a Chance. Find projects that will take you out of your comfort zone. As First Lady Eleanor Roosevelt once said, "You must do the things you think you can not do."

- Adapted from "7 Ways to Lead," by Harriet Rubin

New Training Facility for Innovative Leadership

Innovative Leadership partners up with Cumberland Insurance Group to unveil their newest training facility to accommodate the growing demand for management training, business consulting and coaching in the Cumberland County area. This conference space will enable more clients to take advantage of Innovative Leadership’s unique adult training courses and workshops, as well as their complimentary “Lunch N Learns”. Innovative Leadership is continually looking for ways to improve their services to clients, and this is just one more way they have done so.

Innovative Leadership offers similar programs at their other two conference facilities located in Marmora, and Cherry Hill. This new conference facility is located at The Cumberland Insurance Group complex located at 633 Shiloh Pike, Bridgeton NJ.

Innovative Leadership’s team has over thirty years of experience with Fortune 500 companies, mid-size companies and small businesses. By working with Innovative Leadership, you can increase productivity, enhance employee performance, focus on your strategic initiatives and achieve your desired goals. We have the Tools, You have the People. Visit us on the web for more information www.InnovativeLeadershipDV.com
Or call 609-390-2830.

Leadership and Dysfunctional Behaviors

Leadership.

I have always related leadership to being influential in the workplace. Being able to influence the culture of an organization or being able to compliment the core competencies of an organization have always been integral components of a successful leader. I was intrigued by an article in the February issue of Training and Development that reported that 90% of leaders say dysfunctional behaviors have become acceptable in the workplace and the consequences that have resulted from this bad behavior are lower employee satisfaction, lower productivity, and decreased quality. Our organization focuses on the healthcare marketplace and we find that dysfunctional behaviors play a major role in decreased quality and lower productivity. Both patience and employee satisfaction is determined by those factors.

Is it because we don’t consider dysfunctional behavior poor performance? Inappropriate behavior in the workplace is destructive and must be considered a performance issue.
We should focus on the behavioral issues within an organization and make sure that they are addressed by our performance management system. According to a most recent survey completed by Joseph Glenny, A Provo-Utah based author and management consultant, “finger pointing” or shifting blame, gossiping, and creating territorial borders and boundaries are three of the most destructive behaviors in the workplace today. It also noted that 64% of leaders do very little or nothing to change these behaviors.

It appears that the leaders today are fearful toward addressing the issues because of the consequences…whatever they may be. Many leaders turn to HR or Training and ask them to sprinkle “magical dust” over the situation and expect instantaneous results from the training department or vendors.

Changing behavior is a process and it requires implementation of more than just “dust”. It requires expectations in the workplace from the top down. The leadership team and their management team must define what behaviors they would like to see while stating emphatically those behaviors that will no longer be tolerated. The Performance Management system must focus on the interpersonal side of managing and believe it or not, these behavioral changes can be measured. It appears that the influential leaders of today aren’t willing to view behavior in the same light as they do performance. Maybe we should redefine leadership and not associate it with influence. It obviously is not working!

Cautiously Optimistic

The Feds have reduced the rates and are forecasted to do it again this week and the American Corporation and small business owner are to let out a big “sigh of relief”.
I can tell you from my experiences this past week that no one is breathing a “sigh of relief”. Companies have put some of their spending on hold, like training and development, marketing and promotional materials, and are continuing to focus on the costs and related expenses that can be reduced.

Why is it that we as business people tend to hide in our caves until the storm blows over instead of getting out in the mix and making the necessary adjustments so that everything is more in order to weather the storm than ever before?

The return on investment for training and development expenses can be measured and defined. Believe it or not, there is a system where behavioral change can even be measured over time so why is it that we don’t take a more aggressive approach to an external threat like economic conditions, especially the prospect of a recession?

One of the reasons we are not more aggressive when threats affect our businesses is that we have not strategically planned for this threat. Any company that did a strategic planning exercise using S.W.O.T. (Strengths, Weaknesses, Opportunities, and Threats) analysis or similar exercise certainly came up with economic conditions as a potential threat in 2008. If you didn’t record economic conditions as a possible threat, please retire now and/or transition or sell your business. The problem I see is that most people use strategic planning to set action steps when the climate internally and externally is at its calmest and not as a vehicle to help them through the periods that get the roughest.

So, let’s sit back down and make sure our external resources in terms of opportunities and threats are well reflected in our planning as well as our internal strengths and weaknesses.
Effective organizational effectiveness can minimize the effect that an external event has on businesses and people can become totally engaged when they know what they need to do to overcome the external challenge.

Awareness, planning, implementation and results…it sure sounds like something that focuses everyone on the challenge, defines a plan to get somewhere, allows for mid-course correction if the weather changes, and focuses everyone on the results. I guess if we all do that I can become cautiously optimistic….but I am not.

The Weather Outside is Frightful!

Don’t let this holiday song provide a foundation theme for 2008! You certainly can tell it is winter by the methodology being used by the weather forecasters to panic the local residents into spending hours at the grocery store buying all the necessities for a mid 1950’s blizzard. I sit there listening to them tell me that the potential for the front moving rapidly from the South up the coast colliding with the Arctic air being driven down by a Canadian high located over some Lake near Michigan should produce a tremendous snowstorm that supposedly we have all been waiting for. I wake up the next morning and I find a “dusting” if anything but the result of the forecast is that WAWA has sold more milk and bread compared to previous snow storm announcements (for those not in the Philadelphia market, WAWA is the leading convenience store where you buy milk and bread) We are starting to hear the same thing about a global recession. After conducting their annual S.W.O.T., it has now become part of everyone’s strategic plan to list an economic recession as the major external threat that may affect their business success for the upcoming year. I guess we better get in line at your local WAWA to buy cost reduction measures, recession-proof armor, revenue producing fairy dust, and more. Unfortunately, I can feel the cost-cutting measures starting to unfold as I am writing this article.

There is no question that the economy may more than likely turn “chilly” in the upcoming year and the predictions for the real estate market continue to appear “frigid”. Forecasters are predicting that there is a heightened interest in career development and paying down personal debt. Business leaders have learned in 2007 that employee loyalty is waning as employer commitment begins to weaken. The generational shift in ownership in small businesses and the retirement rush is the corporate environment has begun and will accelerate in 2008. Economic trends are being characterized by shorter job tenures, changing generational values, scarce talent, and a surplus of vacant positions.
Statistically it is well documented that these trends are real. These trends are affecting all levels within an organization and we need to focus on the acquisition of talent, identification and development of leaders within an organization, and the retention of good employees. Survey after survey demonstrates that most businesses believe there is a current shortage of quality leadership talent in the workforce and they measure personality or behavioral styles when identifying future leaders. It is also well documented that most companies have not implemented an adequate leadership development plan and not focused on the emotional intelligence of the future leader.
The real concern for me is that most companies still do not realize that their people offer them the most competitive advantage in any economic climate.
First, it is important that you do not let the business weatherpersons scare you into a cost-cutting frenzy in that areas of business that means the most to your employees. Second, leadership and career development cannot be achieved without an effective training and development process. Not a program, but a process! I ask you to be innovative in the selection of your tools and products for this process and of course, make sure they are cost – effective but most importantly, produce the desired results or behavioral change that your company needs to be more competitive in 2008. Don’t let the forecasters scare you into cutting the processes that will mean the difference for your future.


Innovative Leadership offers training and development for all levels of your employees. Executive Coaching, Manager Training, and even Customer Service. Get more competitive and make a difference with these programs and processes. Contact us to get started today!

HR Needs to Step Up to the Plate!

It is well documented that most companies have a formal strategic-planning process but don’t use it to make many of their most important decisions. Less than half of the respondents of a recent survey demonstrated that they are satisfied with their company’s approach to making strategic decisions. It has also been demonstrated that greater satisfaction could come from improving the company’s ability to align their people with their strategic plan and from monitoring progress against the plan.

So what are we doing wrong? Are we not looking at our current methodology for both the creation of the plan and the implementation of the needed actions? The missing link is usually found within the implementation or monitoring component. It is projected that 65% of the components of most plans never even get implemented. Is it because we aren’t willing to put the time and energy into the implementation process or we don’t consider it a high priority?

Strategic Planning is critical to the continued success of any organization yet most employees feel that critical decision-making is left to a select few. The two top suggestions for improving the company’s approach to strategic development are: improve the alignment with the strategic plan and develop better methods to monitor progress against the plan.

Surveys have also demonstrated that executive concerns about executing and aligning strategy are likely exacerbated by a perceived lack of integration between the company’s strategic-planning group and its human resource group. When asked to consider strategic planning’s integration with several corporate functions, respondents in a nationwide survey ranked HR as second-to-last in terms of degree of integration. Respondents who were dissatisfied with their company’s strategic planning see the least integration.

Isn’t it time that HR steps up to the plate and take the integration of strategy and people seriously? What does your Strategic Development Process look like? Who is willing to hold people accountable for the success of the plan? It sure sounds like HR or anyone else for that matter is not willing to focus on the outcome. It seems to me that we should all take time off and read the “Five Dysfunctions of a Team” by Patrick Lencioni. It talks about trust, conflict, commitment, accountability, and results……five things that we just seem like we don’t want to address. It sounds like no one is willing to stick around to see the outcome.

The Call from the Family

Several years ago, I attended a certification program for coaches titled, “Coaching the Small Business Owner”. The course was designed to provide how to coach a small business owner through the “rough waters” of small business ownership. The course demonstrated how superior coaching competencies could compliment the achievement of the small business owner. It was apparent that from the start, the small business owner wanted both a sounding board and a resource that would he or she could now call, “Coach”. Coaching is different than consulting and most consultants claim that there is no difference but that is an argument for a different day. Coaching skills coupled with strong business acumen are certainly the competencies needed to work with any business owner. The majority of small business owners are about to transition their business to other family members within the next ten years and most have not designed an “exit” plan or succession plan. It is really discouraging that most financially successful business owners don’t have a plan for transitioning themselves out and the family members into the decision – making roles.

The following facts are presented in The Pricewaterhouse Coopers Family Business Survey for 2007/08:

• One –quarter of the family firms in the survey are due to change hands within the next five years


• Half of those companies are expected to remain in the family
  Yet almost half of all responding companies have no succession plan, and the percentage is even higher in small firms or those that have been in business for fewer than twenty years.


• Eighty – four percent of the respondents aim to pass their companies on to their descendants compared to less than half of that in Europe and other areas of the world.


• Two –thirds of family businesses have no defined criteria for choosing which family members who want to take an active role in the company should be allowed to do.


• More than half also employ relatives without requiring them to compete for their jobs on the open market.


• More than two –thirds of companies in the survey had no procedures in place for dealing with disputes between family members
  
  
  Remember, an effective succession plan assesses the company’s leadership needs, determines the positions needed to continue the achievement, and identifies the core competencies needed for those positions. In other words, who is going to assume the roles of the family members starting to leave through the back door?
  
  The fact of the matter is that the small business owner is not a good planner. Most owners are great tacticians and manage the business on a day-to-day basis very, very well. After all, this is why most started the business. They were the best technician, and no one asked them if they were a good manager, or visionary. Now suddenly, they are asking their family members to be much more than they were. Many business owners have commented that they don’t have a high confidence level that the next generation can make it as successful as they did. The younger family member wants to know why their ideas and recommendations are not being readily accepted. Most wonder why the other is not listening to the other and why communication is becoming more difficult than ever. My listening skills have never been more tested. Both sides claim that they are not being listened to by the other nor do they feel that either is exhibiting any compassion, so communication has come to a standstill.
  
  It’s seems to me that it is now time to call the “Coach”. Most businesses have their professional advisors like their lawyer, accountant and possibly a business consultant. Most family members have their own financial advisor, stock broker, counselor or whatever. The coach is now being asked to be the conduit between all of the above focusing on the new members of the family and the exiting family members. It becomes the role of the coach to assume the following responsibilities:
  
  · Provide a communication channel for all parties
  · Make sure effective and open communication is present
  · Provide a fair assessment of the talent at the table
  · Make sure everyone listens to “what” is being said and not “how” it is being said
  · Confirm understanding and expectations
  · Encourage participation
  · Hold people accountable
  · Monitor the implementation of ideas, policies, procedures, etc.
  · Measure the results
  · Celebrate successes
  
  
  The above certainly looks like a Results-oriented model that I like to use in the coaching environment. I know that Business Coaching can provide an integral component to the transition or transformation of any small business between family members. Most family disputes are focused on the skills, competencies, behaviors, and knowledge demonstrated by the younger family members while the younger members are wondering when the elders will finally let go. The experienced ones are questioning their fortitude, knowledge, ambition, and energy while the younger ones are wondering if the experienced ones will ever let go of ways they have been doing business. It certainly appears to reflect the Definition of Business Insanity, “doing the same thing over an over, yet expecting different results”.
  
  Sounds like we have to let the experienced owners transfer the positional authority to the younger generation and be willing to accept mistakes and just file them as a learning experience. It might also behoove the younger generation to ask questions and include the experienced ones in the problem-solving process. In reality, maybe the coach should focus the family more on how to better understand generational diversity and make the workplace an environment satisfactory to all. Good luck….and good coaching.
  
  Richard Hohmann
  
  For more information of succession planning (Exit Strategies) and Business Coaching, please call us for a complimentary Coaching Session or contact us

Can We Change the Environment?

It was noted in an article I recently read by Scott Flander titled, “When bosses go bad and get rewarded”, which appeared on www.hreonline.com that at a recent Management Meeting in Philadelphia, it was noted that in over 45% of the cases, employees noted that offensive bosses got promoted instead of “canned”. In over 19% of the cases, nothing happened to the incompetent boss. I chuckled hilariously when it was noted by John Hoover, author of How to Work for an Idiot: Survive and Thrive Without Killing Your Boss, that “the more incompetent someone is, the faster their career takes off”.

My theory is when we have a glutton of bad managers; we certainly have a great number of bad interviewers. In other words, we already have a glutton of bad managers who do not have the skills to change the culture. I honestly feel that companies need to focus on their interviewing process first, and then try to develop their management team second. I find that very few companies are using assessment tools in either the hiring and selection process or their people development process. I hear comments like, the boss does not like assessments, or we can’t open ourselves up to potential employee relations liability. I also find that they don’t have an interviewing process in place and most interviews for key positions are “winged”. I also hear that the company does not have a succession plan or even a pathway for employee development. No one, including anyone on the senior management team or in HR is focused on anything but the “bottom line”. Who cares about our people, are we profitable? No one is defining the metrics needed to improve the situation so what else can we expect but “bad managers”.

Suddenly a “red” light goes off and HR or Management now realizes that their managers really are not exhibiting the skills and competencies needed to take their company to the next level. The good people are leaving and the retention of talent is becoming a real concern……

So I ask, why are not we pulling out all the stops in talent acquisition and retention….or is it that we just want to wait until we get enough bad managers to warrant the need for training……

I think that if we look at talent acquisition and retention as a process and implement training from their orientation period, we might find ourselves focusing on the real leaders of the future.

Time For an Attitude Tune-Up

by Richard Hohmann, Vice President of Innovative Leadership www.InnovativeLeadershipdv.com

Spring is the time for an attitude change. Maintaining a positive attitude through the winter months can be difficult. In our leadership courses, we define attitude as “Habits of Thoughts.” A formulated attitude appears as the behavior of the individual performing a particular activity or action that may or may not be productive.

On the surface, attitude is the way you communicate your thoughts to others. A thought is sometimes described as mood and is your mental focus on the outside world. By focusing on things that are appealing to you, you see situations as either opportunities or failures. It is important to realize that attitude is the disposition you transmit to others at home or in the office.

A positive attitude is certainly the most priceless characteristic that one can possess. Positive attitude is the common thread of all leaders and successful business owners. It is important to see things from the inside looking out. By focusing on the positive factors of our environment, it is easier to maintain a positive attitude. We spend over half of our waking hours in the work environment. The workplace becomes a more pleasant environment when employees and managers exhibit a positive attitude. Workplace diversity, whether it is cultural or generational, can be rectified with a positive attitude. This can help communication with each other, even with a language barrier.

Success in the workplace depends on both your technical skills and human relations competencies. Building good workplace relationships must begin with a positive attitude. Everyone must understand that they have the capacity to be positive under any circumstances and the behavior they exhibit in conflict and communication is a direct result of their attitude. A positive attitude triggers enthusiasm in our self and in others. We devote a whole session to enthusiasm in our “Selling Strategies Course,” in regards to the development and maintenance of a positive attitude.

Do not underestimate the value of a positive attitude. It certainly helps generate higher energy and greater creativity. Attitude maintenance is a daily and weekly process that everyone should engage in. No matter how strong we think we are, we need to renew or tune-up our attitude.

For information on Courses and Workshops Available for Leadership and Communication Skills call Rich at 609-390-2830