Posts Tagged ‘United States’

Identifying Values

Wednesday, February 23rd, 2011

“Let us suppose that we were asked for one all purpose bit of advice for management, one truth that we were able to distill from the excellent company’s research. We might be tempted to reply, ‘Figure out your value system.’ Decide what your company stands for. Clarifying the value system and breathing life into it are the greatest contributions a leader can make.” Peters and Waterman, In Search of Excellence.

Many people have given little more than a passing thought to identifying the values that govern their personal behavior, and even fewer organizations have done so. Instead, they accept the values of others and let situations determine their values. In almost all cases in which values are not clearly defined, good decisions are more difficult to make. Without values, people are easily influenced and decisions are subject to frequent change or compromise. “Situational values” confuse people and create problems as well as complexity.

Successful leaders make important decisions based on a set of core values … doing the right things for the right reasons. Within an organization, personal values may differ. A leader will help everyone focus on a “common good” value that will engender a desire for cooperation and teamwork without invalidating those personal differences.

What are your values? Can you easily and specifically identify them? What about the people throughout your organization? Are they committed to the organizational values? Take time to clarify or review the values you hold as a leader. Focus on what is really important to you and ask yourself, “What are the beliefs that I value so strongly that I will not compromise?” Sometimes when crystallizing your values, it helps to identify and clarify those values that you respect in other leaders you hold in high regard. What values do their actions, habits, and life-style exemplify? Often the values you see and respect in others are indicators of what you hold as personal values. How do these values exhibit themselves in your business decisions, in your relationships with customers, employees, stockholders, suppliers, and your community?

The true test of commitment to values is whether or not those values are upheld during a crisis. What does your behavior, or the behavior of the people throughout your organization, express about your values? Will you compromise any of your values for expediency or will you champion values under pressure?

At one time in history, it was said that the Iroquois Indians made decisions only after they examined the effect of those decisions on seven generations. We have come a long way from that point of view. At one time we looked up to our leaders as heroes and role models. We held them up for our children and future generations to emulate. Today, it is becoming increasingly difficult to find someone worthy of recognition and role model status. We must change that for our own good and for the survival of a value-based society. The future of our society rests on the ability of our leaders to articulate, exemplify, and operationalize personal and organizational values.

Tammy A.S. Kohl is President of Resource Associates Corporation. For over 30 years, RAC has specialized in helping businesses improve customer loyalty and eliminate employee disengagement. Learn how at www.resourceassociatescorp.com or contact RAC directly at 800.799.6227.

Living Your Dream: Become an Entrepreneur

Friday, August 20th, 2010

If you Google the word entrepreneur, you will find a number of definitions which will include some version of the phrase “a person who organizes, operates, and assumes the risk for a business venture.” Albeit this definition is tactically accurate, I believe the true essence of an entrepreneur is much more. An entrepreneur is an individual who has a dream, a vision, a purpose, and is committed to make it happen!

It all starts with a dream and an intense desire to build something of value. Many people dream about inventing something, seeing the world change based on their efforts, or building a successful business around their craft, talent, or expertise. These dreams are vital to the strength and success of the United States. Over 90% of businesses in the United States are defined as small businesses and employ less than 99 people. Many of these small businesses started with a tiny seed planted by an emerging entrepreneur. What have you dreamt would be your gift to the world? What inspires you the most? What are you naturally (skills, abilities, and gifts) good at? Could your dream become a viable business? What action have you taken?

In addition to the dream, an entrepreneur needs to have a clear and concise vision of what the business will look like. What service or product will it provide and to what customer base? Equally as important as identifying the product or service is identifying the measurable value the product or service will bring to the customers served. Knowing that RAC strives to “be the world class leader in the learning and development field, help organizations develop a competitive edge, improve the quality of lives and create a better today and tomorrow” keeps our company focused on success and growth for the right reasons.

A successful entrepreneur must also have a purpose. Being in business for the sake of being in business, for the sake of making money, or for the sake of “getting out of corporate” is not enough. Purpose fuels the drive necessary to make success happen and to make it meaningful. What are you passionate about? What do you strongly believe in? Are your passions and beliefs being met in your current role, and are you truly satisfied? Be honest with yourself! Now is the time to really identify your purpose and assess whether or not you are settling or thriving. As British author, Rose Tremain said, “Life is not a dress rehearsal.” We only get one shot to fulfill our dreams, vision, and purpose. What is currently standing in the way of you having your own successful business? Given your talents, passions, and values how could you become a viable resource and contribute to others?

80% of people who say they want to be in their own business are daydreaming. Only 20% actually take action and do what is necessary to make it happen. Your level of success is entirely your choice. As Rick Warren, author of The Purpose Driven Life, says “It is every individual’s choice. You can choose to live at a level of survival, a level of success, or a level of significance.” Will your significance be achieved by serving others through your own business? Are you one of the 20% who will actually take action and accomplish success through entrepreneurship?

Tammy A.S. Kohl is President of Resource Associates Corporation. For over 30 years, RAC has specialized in helping businesses and individuals achieve high levels of excellence and success. Learn how at www.resourceassociatescorp.com or contact RAC directly at 800.799.6227.