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TeamMax
Newsletter:
THE STUDENT OWNS THE COMPANY
By Larry Cole, Ph.D.TeamMax®, Inc.
and Eric Hutchinson Hutchinson/Ifrah
Abstract
The CEO hired high performing individuals. The challenge
was to let these high individuals perform. Without his awareness,
the CEO's leadership style was adversely impacting employees'
performance. Once aware of that impact, the CEO became a successful
student of his staff.
Considerable courage is required to ask your employees, "What can I do to improve my performance as
the Chief Executive Officer of this company?" The
CEO listened as employees told him "empower your staff and improve teamwork." The CEO owned a financial
services company that had experienced considerable growth
over the past 5 years to include multiple office locations
and tripling the number of employees. The company is definitely
on the technical fast track, but there were questions about
the people side of the business.
Like a railroad, an organization has two tracks: technical
and people. Also like a railroad, both tracks require maintenance
to ensure high performance. The CEO knew the technical track
was being maintained as evidenced by the rapid growth. He
thought the people track was likewise being maintained as
he prided himself employing high performing individuals and
allowing them to perform.
On a closer examination of his company, the CEO quickly realized
that he, like so many other CEO's, concentrated on developing
the necessary systems to monitor the technical growth and
financial health of his company, but failed to do the same
for the people track. The employees expressed considerable
frustration and, without being fully aware, the CEO was strangling
the organization with micro management practices. Though the
CEO knew that his company's success depended upon high performing
people the employees expressed the fact they were not allowed
to perform. The CEO recognized that continued growth of his
company was predicated on the need for him to remove all roadblocks
to high performance.
Teamwork Value Statement
The first step in the process was to define the teamwork
behaviors that were to serve as the glue to hold working relationships
together. Employees throughout the company participated in
writing the company's TeamWork Value Statement that identified
the specific values and behaviors to be institutionalized
throughout the company.
Achieving professional excellence through teamwork characterized
by open communication, compassion, integrity, trust and respect
while exhibiting a positive attitude.
Professional excellence
1. Our common goals are
defined.
2. We understand our common goals.
3. We are held accountable to achieve our common goals.
Teamwork
1. We understand what we need from each
other.
2. We willingly work to meet each other's needs.
3. We provide the necessary feedback regarding the quality
of meeting each other's needs.
4. We are flexible to do that which needs to be done.
Open communication
1. We encourage each other
to openly express their ideas.
2. We are kept informed with the facts needed to complete
our jobs.
3. We ask each other for assistance when needed.
4. We readily admit our mistakes.
5. We readily admit the limitations of our knowledge.
Compassion
1. We are willing to "go the extra mile" to assist
each other.
2. We enjoy each other's success.
3. We remain emotionally calm (i.e., patient) with each other.
4. We offer each other support through encouragement.
Integrity
1. We competently complete our job
responsibilities.
2. We do what it is right, because it is right.
3. We consistently apply our policies and procedures.
4. We are receptive to finding a better way, i.e., change.
Trust
1. We are dependable and do that which
we agreed to do.
2. We keep confidential information confidential.
3. We have the necessary authority to complete our job responsibilities.
Respect
1. We ask each other for input.
2. We listen to understand that input.
3. We try to use that input whenever possible.
4. We are kept informed when our input was not used.
5. We accept each other as individuals.
Positive Attitude
1. We look for the good in
every situation.
2. We view mistakes as learning opportunities.
3. We create the personal environment in which others enjoy
working with us.
4. We enjoy the camaraderie of each other's company.
Putting Teamwork To Work
The next step involved institutionalizing the teamwork behaviors
into the day to day operations. To do that, the CEO incorporated
the use of the MBC Software® methodologies to measure
the extent the teams were actually using the behaviors contained
within their value statement. The CEO realized the importance
to measure the people track in a manner similar to the measurement
system used to measure the technical success. He also agreed
that bottom-up commitment to improve teamwork within his company
was created by top-down change. Thus, the teambuilding efforts
began in earnest with the senior management team.
Teams throughout the organization measured their use of the
desired behaviors. Doing so identified each team's strengths
and specific behaviors that needed improved. Strategies were
then defined to improve the measured weaknesses and each respective
team measured their success to implement these strategies.
The owner becomes the student
Top down change creates bottom up commitment and the CEO
agreed to participate in a mentoring team that consisted of
the company's president plus several financial planners and
support staff. The primary objectives for the mentoring group
were to offer suggestion to improve his behavior and then
measure the CEO's performance. The mentoring team suggested
the CEO to:
1. Define the level of authority for the down line management
staff.
2. Allow employees at all levels to use their authority.
3. Slow down to think through an issue before taking action.
4. Sharing the logic of his decisions with those affected.
5. Continue identifying tasks that can be delegated.
The CEO's performance was impressive. He worked hard to
make the necessary personal changes to successfully implement
his improvement strategies and the measured perception showed
immediate progress. His progress was shared throughout the
organization to demonstrate his commitment to create an environment
characterized by their TeamWork Value Statement.
The mentoring team then turned their attention to measure
the President's behaviors and offered the following suggestions
for his continued improvement.
1. Inform affected parties about computer system interruptions.
2. Inform affected parties when he makes a mistake.
3. Identify what was learned from mistakes made.
4. Be more receptive to feedback from others.
5. Take advantage of opportunities to be more visible to clients.
6. Walk around the office to be more visible to staff.
After the CEO's remarkable turn around, there was considerable
pressure on the President to do likewise. The President was
faced with an additional challenge. He was recently elected
to serve in that capacity as the result of reorganizing the
company's infrastructure. Fortunately, he too accepted the
challenge to improve his interpersonal performance and successfully
implemented the suggestions offered by the mentoring group.
Friction eases
The next step in the process was to improve working relationships
between teams. The friction between the various teams at
the beginning of the company's effort to improve teamwork
was intense. The original plan was to measure the implementation
of the TeamWork Value Statement between teams, then define
and implement strategies to improve the measured weaknesses.
As employees completed the effort to improve working relationships
among members of the various teams and with their team leader,
the working relationships between teams concomitantly improved.
Cooperation and communication efforts increased, tensions
eased, and inter-team performance improved.
Today, the company is growing faster than ever before, with
employee morale and "espirt de corps" at its highest
level in the history of the company. The CEO is enjoying the
reduced workload due to improved teamwork and less "micro-management."
He has more time to focus on doing those things that will
significantly contribute to the growth of the company.
In summary
The CEO demonstrated the courage to ask how he could improve
as CEO and then listen, really listen to the answer. The
employees said that his leadership practices were stifling
creativity and injected considerable frustration that served
to reduce morale and adversely impact performance. Fortunately,
the CEO accepted the organizational truism that perception is reality. He agreed with
his employees and recognized the need to implement the company's
value statement in order for this company to achieve higher
levels of performance.
About the authors
Larry has been pioneering the measurement of individual and
team behaviors since 1989 at which time he founded his consulting
company. As a co-founder of PeopleSystems SoftWare, Inc.,
he served as the primary architect to create the MBC Software®
methodologies to measure behavior change. MBC Software®
is an electronic performance support system that is revolutionizing
the measurement of people behavior in real time and in a variety
of workplace applications.
Contact Larry at lcole@cei.net
or 800-880-1728
www.people-systems.com
www.teammax.net
Eric is founder and CEO of Hutchinson/Ifrah Financial Services.
Within a period of 10 years the company has grown to a 500
million dollar company. His financial staff strive to be integrated
into the personal and professional lives of their clients
to provide comprehensive financial advice. In the words of
Eric, "we want to be
the first place our clients look to for financial advice."
Contact Eric
at eric@hutchinson-ifrah.com
or 800-635-9985
www.hutchinson-ifrah.com
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