Archive for the ‘Succession’ Category

Courage To Succeed

Wednesday, November 3rd, 2010

“Success is determined by our willingness to achieve and the spirit upon which we assume risk and responsibility.”  Jan DeLory

If you read this quote and focus on the words that were selected, it packs quite a powerful punch. Success is defined in very individual and personal ways. Some people define success financially, some by the success of their children, some by professional title and status, and some by material items such as the size of the house or the brand of the car sitting in the driveway. How you define success is important to you and to you alone.

However, success by whatever definition is often elusive because of our ‘willingness to achieve.’ How many times have you heard a team member, an employee, family member, or friend say they wanted to achieve something: make more money, buy a new car, earn a promotion, etc., and in subsequent conversations they share their unending frustrations about why they are not accomplishing what they want. Sometimes our desire to achieve something far out weighs our willingness to achieve it. Willingness to achieve means doing what is necessary and having the appropriate attitudes to drive the required activity.  Developing and maintaining appropriate attitudes takes courage, the courage to think and behave differently in order to achieve different results. Creating new habits of thought that link directly to desired results takes commitment that can’t waiver when challenges present themselves. Achievement worth having will take extra effort and dedication to the outcome—true success is never easy.

Do you have the spirit to assume the risk and responsibility for your success? Are you confident enough in what you want to achieve that you can say with confidence that you will take personal responsibility and face the risks of success head on? When working with people, one of my biggest frustrations is what I call the “success shell game.” Just like the street game where the shells are moved around in a random pattern for the person to identify which shell the pea is under, many individuals who find success elusive, are just moving the shells of their life around and around. In this case, each shell represents an outside force or circumstance which they believe is the reason for lack of results.

I couldn’t do it because …
It didn’t happen because …
It would have happened if only …

The truth of matter is that most times the obstacle lies deep within us. In the equation of success the only variable you can control with 100% certainty is you.

Most people know Oprah as one of the most iconic faces on TV as well as one of the richest and most successful women in the world. Oprah faced a hard road to get to that position. She endured a rough and often abusive childhood as well as numerous career setbacks including being fired from her job as a television reporter because she was “unfit for TV.”  Stephen Spielberg’s name is synonymous with big budget. He was rejected from the University of Southern California School of Theater, Film, and Television three times. He eventually attended school at another location, only to drop out to become a director before finishing. Thirty-five years after starting his degree, Spielberg returned to school in 2002 to finally complete his work and earn his BA. Finally, Winston Churchill, a Nobel Prize winner, twice-elected Prime Minster of the United Kingdom wasn’t always as well regarded as he is today. Churchill struggled in school and failed the sixth grade. After school, he faced many years of political failures, as he was defeated in every election for public office until he finally became the Prime Minister at the ripe old age of 62.

These are just three examples of individuals who wanted to achieve success and they had the courage, the willingness, and the spirit to do what it takes to make it happen. They did not let outside circumstances or obstacles stop them, and they refused to let their own attitude be the biggest obstacles of all.

Your success is linked to your attitude. Do you have the courage to do what is necessary to succeed?

Tammy A.S. Kohl is President of Resource Associates Corporation. For over 30 years, RAC has specialized in business and management consulting, strategic planning, leadership development, executive coaching, and youth leadership. For more information visit http://www.resourceassociatescorp.com/ or contact RAC directly at 800.799.6227.

Developing Future Leaders Today

Wednesday, September 1st, 2010

Often times when companies have to squeeze the financial belt, developing employees and creating future leaders gets pushed aside. However building a sustainable company requires having a leadership growth and succession plan in place at all times.

In a recent study conducted by OI Partners, the data indicated that 54% of the companies surveyed do not have enough leadership successors in place and 14% of the companies are not sure if they have enough leadership successors in place. These findings confirm that many organizations are not prepared for the future, which means their organizations are not as sustainable as current management may believe. Closing the knowledge and talent gap needs to be a management strategy during good or interesting times in business.

The benefit of investing and growing employees for the future provides staggering long-term results for the entire organization. Some of the outcomes of employee development management should never lose sight of include:

  • Maintaining or growing competiveness in the market
  • Sustaining or increasing overall employee and organizational performance
  • Building capabilities required to win when business circumstances change
  • Sustaining the organization’s culture
  • Shortening the time needed for an employee to make an important role transition
  • Building strong leaders breeds sustainability
  • Creating strategic alignment between the strategy, the employees, and the internal processes
  • Innovation
  • Creating loyal employees which in turn helps create a loyal customer base

The last point listed is particularly important. Revenue and profitability, albeit critical, are predictors of past decisions. Creating and growing a loyal customer base is a predictor of future success and sustainability. A key to creating and growing a loyal customer base is creating loyal employees. An employee’s loyalty to the organization is enhanced by working with each individual to create a personal development plan. Tim Shoonover, Chairman of OI Partners, said in a recent article “To sustain growth in your company, there must be a path to leadership. If an employee doesn’t have a leadership development plan in place and isn’t able to see her career progression she is less likely to be engaged or to expend discretionary effort.”

Right now organizations have a bit of an advantage, as employees are not as quick to pursue new career opportunities. But as economic conditions improve, disengaged employees will begin comparing and perhaps looking for new career opportunities. Therefore, creating and committing to an employee leadership and development plan is not only critical to organizational success it also plays a significant role limiting employee turnover to a minimum.

Employees who see a commitment to their growth and development are employees who give the organization 110%. That extra 10% is where innovative ideas come from that could propel your organization to new heights. What is creating an employee development process worth to your company?

Here are some questions that may be useful as you review your company’s employee development strategy.

  1. If you had to fill a key leadership position in your company tomorrow, is there someone ready and able to fill the position? Are you confident he/she has the right skills, knowledge, and attitude or are you guessing?
  2. Does your organization have a published employee development plan?
  3. Do you or your team of managers have a documented development plan for each employee they manage?

If any of your answers to the questions listed above cause you concern or you just do not know the answer, then perhaps it is time to make employee development a priority. The sustainability and success of your organization depend, on it!

Tammy A.S. Kohl is President of Resource Associates Corporation. For over 30 years, RAC has specialized in helping businesses achieve sustainable results through leadership development and executive coaching. For information on creating a leadership succession plan visit www.resourceassociatescorp.com or contact RAC directly at 800.799.6227.