Showing posts with label Strategy. Show all posts
Showing posts with label Strategy. Show all posts

Monday, 22 September 2014

Lessons in Survival Leadership

Lessons in Survival – A Critical Leadership Skill

by: Andrew Cox


To survive – to hang in there – to keep your head while all around you others are losing theirs – to stay in play – is a critical skill of leaders. Let’s face it – even the most astute, successful person will suffer setbacks, and surviving and overcoming those setbacks is the true measure of a leader.


To some, survival sounds like a skill for a loser. And, frankly, there are many who try to survive by holding back, by not taking risk, by getting as invisible as possible. Those are not the behaviors of leaders – they are not what survival means in this article – and they lead to failure.


An example of survival and leadership:


A client had a business unit that was doing badly. Unprofitable, losing customers, over budget. The business unit leader had been in the job for six months – not long enough to have created the mess, but long enough to be held accountable for it. Her predecessor had held the job for ten years – and then retired with honors. There were many days when she felt like giving up. She felt that she was more a victim than anything else. She had been a top performer in every other assignment given her. She felt she had gone from the top 5 percent in her company to being perceived as a loser by former colleagues. Everyone likes a winner – no one wants to be associated with what looks like a loser. No one was going to rescue her from this situation – she was either going to sink or swim.


She felt she had four choices:


1 – She could quit and find another employer – she was highly regarded in the market.


2 – She could stay and look at who to blame. She could try to cash in on her former accomplishments and get a transfer – or not be held accountable – or be given lots of slack.


3- She could let the situation tear her down, wallow in self pity and blame fate, and turn into a part of the problem – rather than be part of the solution.


4 – She could do what she had to do to survive the situation – stay afloat, give herself a timetable, work to improve performance, and then decide where her future lay.


She chose the last alternative. She reviewed it with her boss – he agreed with her. For the first time in her career she was faced with stabilizing a losing business, rather than growing a winning one. What a difference! Going from winning as a strategy to surviving – as a strategy – at least as a first step strategy.


She shared her survival strategy with her staff – and watched their reactions. They ranged from acceptance to indifference. This unit was part of a much larger company, and some of her staff had friends in other parts of the organization that could “take care of them.” She let some people transfer to other parts of the business – got rid of some others – and brought in key people who saw their new positions as a chance to prove themselves.


She put together a “stop the bleeding” short term plan with goals and measures that could be quantified and tracked and reported on regularly. No “BHAGS” here ( Big, Hairy, Audacious Goals). Her boss gave his support -while keeping the situation at arm’s length. The plan was shared with the people in the business unit, and every person was expected to establish goals that contributed to the plan. Some did – some didn’t. The plan worked – at least to the extent that the bleeding stopped and the business returned to marginal profitability in six months. No celebrations were held – but the leader and her staff were pleased with their progress -they knew just how much had been accomplished – although no one else seemed to share their emotions.


As the six month plan unfolded, it became clear to her that some significant investments in capital and systems were going to be necessary if the business was to prosper – and there was some risk that, even with those investments, prosperity might not happen. The fight for capital was intense, and other, more successful business units got their share – and hers as well.


She gave it six more months. In that time, steady progress was made, customers were won back, and profitability continued to improve. At the same time, she sensed a growing impatience from her boss with the rate of progress – but no real help in the form of additional resources. At this point she was 18 months into her job, and while she had seen major progress, very little recognition of her accomplishments came her way. She gave it six more months.


At the end of two years in the assignment, when continued improvement went unrewarded, she resigned.


When asked about that experience five years later, she said it was by far the most valuable of her career. When pressed to identify what particularly valuable lessons she had taken from the experience that helped her be successful – and she had become very successful – she listed the following:


-You gotta pick your spots carefully. Every organization has top units and bad units. To decide to survive in a marginal unit with little upside is not very bright. Be sure the survival situation has an upside.


-The decision to fight through a tough situation, and take the risk of surviving, must be a conscious one. And once it’s made, all effort must be directed forward. It’s easy in these situations to adopt a “why me” or victim attitude – and that is fatal. Managing, defining and communicating expectations in a survival situation are absolutely critical skills – more than in a highly successful business. Pressure from above to see progress can lead to commitments being made that simply cannot be kept. And intentions sound good at the beginning of a reporting period – but only results matter. “Hockey stick” forecasts and plans – where all the good news is forecast to occur near the end of the measurement period – are always greeted with suspicion.


-Tolerance for mistakes is much lower in survival situations. And negative outcomes that would be ignored in a successful business are magnified and used as examples of just how bad things are – while good news is received with skepticism. Protecting and insulating the people committed to making it work from harsh criticism and judgment is a major task for the survival leader.


-A survival leader must have a core group of optimistic believers who are committed to making it work.


-Stay in close contact with the Boss – absolutely no surprises are allowed.


- Keep people focused on improvement through widely communicated goals they can share and buy into.


-Don’t let people see discouragement at bad news – and there is always bad news in survival situations. Negative emotions will be multiplied 100 times by those that observe them.


- Survival mode must be a temporary situation – it’s easy to slip into a survival mind set and make it a long term behavior.


- Survival – both personal and organizational – is often thankless. While in survival mode leaders have to see the value of their contribution themselves. Often, there is very little positive recognition given to survival.


- The worst thing a survival leader can do is to stay in place and let the situation grind them down. When the best shot has been given, and it remains apparent that that isn’t enough, move on – that’s always a choice – always. Know when to hold, and know when to fold.


- In the stress of survival situations, it’s easy to personalize all kinds of things. Don’t. The ability to see things for what they are – no more or no less – is a necessary ability. Trying to ascribe motive, or waste time on hidden meanings are great ways to lose control and perspective.


These Lessons In Survival were learned the hard way. That’s the only way to learn. If you see yourself or your organization in survival mode – use these Lessons to inventory what and how you can apply them to get through it better, quicker and more successfully.


Source






The post Lessons in Survival Leadership appeared first on Robert JR Graham.


Wednesday, 20 August 2014

Dramatically Improve Reading Speed

Top Strategies To Skyrocket Your Speed Reading Skills!

by: Joe Okoro


Are there uncommon strategies needed to improve ones speed reading skills? What does speed reading achieve at the end of the day and why do people speed read? One surefire way to make sure you develop a speed reading habit is by affirming to yourself that you need to speed read. You tell yourself and you do all it takes to accomplish that need. Speed reading is a skill that you can actually master, only if you know how to. The solution lies in the strategies you use to accomplish this skill.


The first step is to acknowledge your need to speed read. Then tell yourself that your are willing to take the necessary steps to accomplish this task. Those steps will require you to continuously practice till you perfect your reading skills. Now we are starting speed reading, but before we commence, we want to ask this question?


How does my present reading speed fare when compared to speed readers’ speed? To answer that question you will need to know your level of understanding when you read, and at what rate are you able to complete a reading exercise. We are continuing with our speed reading exercise to test you now, are you ready? Let’s go:


Exercise: Read this whole article that you are reading now and time yourself.


Once you are done, you will need to prepare a chart called a progress report. In it you will have the title of your reading. Then you want to include all the statistics about your speed reading skills in the body of the chart. This progress chart will help you to gradually develop your reading skill as you practice and practice over time. This chart will also make you see a need for you to improve as you progress in your speed reading.


T(seconds)/ Words(Minutes) / Understanding

Speed reading result number 1=

Speed reading result number 2=


As you read, try to record your observations in the following ways: Under the first result, record the time it took you to complete reading this article. This will help you see how long it takes you to complete an article and will also give you motivation to read at a faster rate.


If you want to know how many words per minute it take you to read, then you will have to carefully count all the words in this article. Once done, you will divide the total number of words by the time it took you to conclude reading this article. For instance. Let’s say the total words in this article is 800 words and it took you 3 minutes and 20 seconds to complete reading it. Below is the mathematical representations:


Time = 3×60 + 20 = 200 seconds


Words = 800

Words/Time = 800/200 = 4 words per second


or 4×60 = 240 words per minute.


By keeping a record like this, you find out that it takes you about One second to read four words or 240 words per minute. You can increase your speed by practice and increase to 10 words per second or more than that.


Now that is all about the rate of your reading, let’s move on to the second aspect of speed reading your comprehension level. Comprehension is your ability to fully grasp the meaning of any speed reading activity. We are going to test your level of understanding of this article. Do not feel bad even if you don’t get the answers right, it is just an exercise to practice with.


1. How can i start reading fast?

2. What can i do first to start speed reading?

3. What is the next step once i have started?

4. what third step do i need to take in speed reading?

5. What are the common questions that might come to mind when speed reading?

6. How can keeping record using progress chart help my speed reading activity?

7. How vital is comprehension to speed reading?


Find the answers below:


1. Just start at once.

2. Convincing myself that i need to speed read.

3. Putting the necessary action to start speed reading.

4. The third step is to start and practice and practice more.

5. Questions like how is my reading ability presently compared to the pro speed reader.

6. The use of progress report will help you to see areas where you need to make improvements and you work accordingly to improve them.

7. The main reason of speed reading is for understanding any material at an unusual short time span, thus speed reading has two elements; comprehension and speed.


With all being said, you should be able to fully accomplish your speed reading skills if you apply the skills above, they are powerful and proven strategies that any speed reader can use and achieve an amazing speed reading rate. The only obligation is just try it out, and the results, will simply amaze you.


Source






The post Dramatically Improve Reading Speed appeared first on Robert JR Graham.


Lessons in Survival Leadership

Lessons in Survival – A Critical Leadership Skill

by: Andrew Cox


To survive – to hang in there – to keep your head while all around you others are losing theirs – to stay in play – is a critical skill of leaders. Let’s face it – even the most astute, successful person will suffer setbacks, and surviving and overcoming those setbacks is the true measure of a leader.


To some, survival sounds like a skill for a loser. And, frankly, there are many who try to survive by holding back, by not taking risk, by getting as invisible as possible. Those are not the behaviors of leaders – they are not what survival means in this article – and they lead to failure.


An example of survival and leadership:


A client had a business unit that was doing badly. Unprofitable, losing customers, over budget. The business unit leader had been in the job for six months – not long enough to have created the mess, but long enough to be held accountable for it. Her predecessor had held the job for ten years – and then retired with honors. There were many days when she felt like giving up. She felt that she was more a victim than anything else. She had been a top performer in every other assignment given her. She felt she had gone from the top 5 percent in her company to being perceived as a loser by former colleagues. Everyone likes a winner – no one wants to be associated with what looks like a loser. No one was going to rescue her from this situation – she was either going to sink or swim.


She felt she had four choices:


1 – She could quit and find another employer – she was highly regarded in the market.


2 – She could stay and look at who to blame. She could try to cash in on her former accomplishments and get a transfer – or not be held accountable – or be given lots of slack.


3- She could let the situation tear her down, wallow in self pity and blame fate, and turn into a part of the problem – rather than be part of the solution.


4 – She could do what she had to do to survive the situation – stay afloat, give herself a timetable, work to improve performance, and then decide where her future lay.


She chose the last alternative. She reviewed it with her boss – he agreed with her. For the first time in her career she was faced with stabilizing a losing business, rather than growing a winning one. What a difference! Going from winning as a strategy to surviving – as a strategy – at least as a first step strategy.


She shared her survival strategy with her staff – and watched their reactions. They ranged from acceptance to indifference. This unit was part of a much larger company, and some of her staff had friends in other parts of the organization that could “take care of them.” She let some people transfer to other parts of the business – got rid of some others – and brought in key people who saw their new positions as a chance to prove themselves.


She put together a “stop the bleeding” short term plan with goals and measures that could be quantified and tracked and reported on regularly. No “BHAGS” here ( Big, Hairy, Audacious Goals). Her boss gave his support -while keeping the situation at arm’s length. The plan was shared with the people in the business unit, and every person was expected to establish goals that contributed to the plan. Some did – some didn’t. The plan worked – at least to the extent that the bleeding stopped and the business returned to marginal profitability in six months. No celebrations were held – but the leader and her staff were pleased with their progress -they knew just how much had been accomplished – although no one else seemed to share their emotions.


As the six month plan unfolded, it became clear to her that some significant investments in capital and systems were going to be necessary if the business was to prosper – and there was some risk that, even with those investments, prosperity might not happen. The fight for capital was intense, and other, more successful business units got their share – and hers as well.


She gave it six more months. In that time, steady progress was made, customers were won back, and profitability continued to improve. At the same time, she sensed a growing impatience from her boss with the rate of progress – but no real help in the form of additional resources. At this point she was 18 months into her job, and while she had seen major progress, very little recognition of her accomplishments came her way. She gave it six more months.


At the end of two years in the assignment, when continued improvement went unrewarded, she resigned.


When asked about that experience five years later, she said it was by far the most valuable of her career. When pressed to identify what particularly valuable lessons she had taken from the experience that helped her be successful – and she had become very successful – she listed the following:


-You gotta pick your spots carefully. Every organization has top units and bad units. To decide to survive in a marginal unit with little upside is not very bright. Be sure the survival situation has an upside.


-The decision to fight through a tough situation, and take the risk of surviving, must be a conscious one. And once it’s made, all effort must be directed forward. It’s easy in these situations to adopt a “why me” or victim attitude – and that is fatal. Managing, defining and communicating expectations in a survival situation are absolutely critical skills – more than in a highly successful business. Pressure from above to see progress can lead to commitments being made that simply cannot be kept. And intentions sound good at the beginning of a reporting period – but only results matter. “Hockey stick” forecasts and plans – where all the good news is forecast to occur near the end of the measurement period – are always greeted with suspicion.


-Tolerance for mistakes is much lower in survival situations. And negative outcomes that would be ignored in a successful business are magnified and used as examples of just how bad things are – while good news is received with skepticism. Protecting and insulating the people committed to making it work from harsh criticism and judgment is a major task for the survival leader.


-A survival leader must have a core group of optimistic believers who are committed to making it work.


-Stay in close contact with the Boss – absolutely no surprises are allowed.


- Keep people focused on improvement through widely communicated goals they can share and buy into.


-Don’t let people see discouragement at bad news – and there is always bad news in survival situations. Negative emotions will be multiplied 100 times by those that observe them.


- Survival mode must be a temporary situation – it’s easy to slip into a survival mind set and make it a long term behavior.


- Survival – both personal and organizational – is often thankless. While in survival mode leaders have to see the value of their contribution themselves. Often, there is very little positive recognition given to survival.


- The worst thing a survival leader can do is to stay in place and let the situation grind them down. When the best shot has been given, and it remains apparent that that isn’t enough, move on – that’s always a choice – always. Know when to hold, and know when to fold.


- In the stress of survival situations, it’s easy to personalize all kinds of things. Don’t. The ability to see things for what they are – no more or no less – is a necessary ability. Trying to ascribe motive, or waste time on hidden meanings are great ways to lose control and perspective.


These Lessons In Survival were learned the hard way. That’s the only way to learn. If you see yourself or your organization in survival mode – use these Lessons to inventory what and how you can apply them to get through it better, quicker and more successfully.


Source






The post Lessons in Survival Leadership appeared first on Robert JR Graham.