Innovation – Page 4 – Elisa K. Spain

How To Recharge Yourself And Your Strategic Plan

August 14, 2016August 18, 2016 by Elisa SpainNo Comments

What if we simply accept August as the time to recharge our batteries, then get a jump-start on strategic planning for next year? This week’s blog post appears on Executive Street Blog. Please click this link to view it.

To the Greeks and Romans, the “dog days” occurred in late July, when Sirius appeared to rise just before the sun. They referred to those days as the hottest time of the year, a period that could bring fever or even catastrophe.

Today we think of dog days as the time of the year marked by lethargy and often inactivity. Here’s another spin: What if we were simply to accept August as the time to recharge? And then once our batteries are charged, get a jump-start on strategic planning for next year?

All of us possess an inner reservoir of positive energy. It is this positive energy that enables us to move forward. And the human body, like all other energy-powered machines, needs to be charged regularly.

Most of us think of recharging as taking time off. For some, time off means long walks. For others, it means sitting by the beach. Still others look for adventure. All of these methods give the body an opportunity to recharge.

And what about recharging the mind? Is it possible to recharge both the mind and the body at the same time? And, like everything else, is there a benefit to being intentional?

For me, recharging the mind comes from learning. Sometimes it’s reading about leaders that inspire me, sometimes it’s watching a Ted Talk on a topic totally outside what I know and see daily. Taking this journey outside the norm gives me a new perspective and the ability to ask better questions of my clients as they plan for the coming year.

Find your source of inspiration. Become intentional about recharging during these dog days of August.

In Beyond Business • Tagged Strategic Plan, Strategic Planning

Did I Delegate Or Did I Abdicate?

August 7, 2016August 5, 2016 by Elisa SpainNo Comments

Most of us who have been in leadership roles for awhile understand the importance of delegating. It’s simply a matter of leverage; the more we delegate, the more gets done.

And… sometimes we get confused. We think we are delegating, when in fact, we are abdicating. What’s the difference?

Delegate: entrust (a task or responsibility) to another person

Abdicate: to fail to do what is required by (a duty or responsibility)

For me, one question defines the difference:

At what point in the process will I know if my expectations were met?

If the answer is, at the end, or maybe not until there is a serious problem or a disaster, we have abdicated not delegated.

Hmm… guess that means if my intention is to delegate, I must take the following 5 actions:

Clearly outline my expectations
Check-in to see if my expectations were understood
Agree how both progress and outcome will be monitored and measured
Agree when and how progress will be reported
Agree when and how progress will be evaluated and adjustments made

“Okay”, you say, “I get that, when it comes to team members doing tasks, but certainly you don’t expect me to monitor my leadership team? That would be micromanaging!”

For me, there is a big difference between micromanaging and delegating. When we micromanage, we are checking in, hovering over, second guessing, etc., etc. Delegating, on the other hand, requires none of this. Instead when we delegate, we let the system manage accountability.

The CEO who hires a new sales manager, and then checks in daily on the activities each sales person is doing, is micromanaging. On the other hand, the sales manager who ties compensation to performance and publicly posts activity reports and results for each salesperson, is allowing the system to manage accountability. The sales team and the CEO can know at any given time who is performing, without asking or hovering.

The CEO who hires a President and then “goes fishing” or goes off to work on acquisitions without first creating agreements with the President around the 5 steps above, is abdicating. On the other hand, the CEO who sits down with the president and together they decide how they will divide roles and responsibilities and agree on the management reporting the CEO needs to monitor and evaluate, is delegating. Once again the system, in this case a combination of agreements and reporting, is providing the accountability.

So, next time you are wondering if you are micromanaging, instead of abdicating, pause and ask yourself, what systems do I need to put in place so I can delegate instead?

Are You Willing To Wait For Transformation?

June 12, 2016June 9, 2016 by Elisa SpainNo Comments

Change is hard; it taxes the soul of both leaders and followers.

And, for many of us leading change, I wonder if this frustration sometimes leads to giving up or giving in too soon?

Two years ago I began a transformation process with one of the peer groups I lead. The change was disruptive. Some folks stayed, some folks left and we began the hard work as described by Dr. Bruce Tuckman in his elegant model of team development and group behavior, i.e. forming, storming, norming and now performing.

At the beginning, the task seemed daunting, and I often wondered if we would be adjourning, rather than transforming.

And then… the process took on its own life. We stormed through to norming and today we are congratulating ourselves on how well we are performing. Looking back, the time flew. Looking back, it wasn’t all that hard. Once I articulated the vision, communicated it often and asked each member to own it, the change began to happen. We were mindful of celebrating our wins and mindful of institutionalizing our new approaches. And most importantly, we continue to be mindful that while the present is to be celebrated; it must also be monitored and evaluated. We must follow the DIME model to prevent the new practices from becoming stale.

Biggest learning for me: stay the course; transformation takes time. Allow it to unfold at its own pace.

Do Titles Matter?

May 22, 2016May 18, 2016 by Elisa SpainNo Comments

If you ask most founders of privately held companies, their answer is, ‘titles don’t matter’. In their eyes, everyone simply needs to do what needs to be done to make the company and all of us successful.

If you ask most professional managers, their answer is, ‘of course titles matter’. Titles tell the people in the company who is responsible and accountable for decision making. Titles also tell the outside world, customers and other stakeholders, who is who.

In the early days of entrepreneurial companies, hierarchies don’t exist and therefore titles are fluid and variable. These companies pride themselves on being nimble and quick to respond to marketplace demands. As Vistage companies grow, we Chairs encourage owners to build a leadership team so they can build a sustainable enterprise.

And, owners want experienced leaders to fill these leadership roles – In walks the professional managers mentioned above. These folks are accustomed to structure and ready to create that sustainable enterprise. With their ability to create processes to support a sustainable enterprise, comes their comfort and desire for hierarchy, titles, offices, etc.

Further, as companies grow, leadership needs grow as well. Regardless of what owners call themselves initially, the distinction between the role of the CEO (externally and long term focused) and the role of the President (internally and results focused) become relevant. Sometimes, regardless of company size, the same person can perform both roles and sometimes it becomes clear that the company will benefit if these two roles are split between two leaders.

And when the person the owner called Director or VP of Operations or Sales in the early days, has most of the company reporting to them today or is actually leading the #1 strategic initiative or leading the executive committee meetings, what message are you sending if you don’t change their title?

What does matter? Really..

For professional managers
- Is it time to pause and ask, how much of what I expect in terms of hierarchy, paying dues, etc. matters?
- What recognition is truly important for me to feel successful in my organization?
- When joining a new organization or taking on an assignment, what behaviors, rather than titles and trappings, should I be asking for that will set me up to succeed?

For owners and founders
- Is it time to provide role clarity for me and for my leadership team?
- When is the right time to divide responsibilities and share both the leadership of the company and the associated titles?
- What recognition do I want to give; when, to whom and for what reason?

Boundaries Do Have Consequences

May 15, 2016May 14, 2016 by Elisa SpainNo Comments

As leaders in the 24×7 culture of the 21st century, we all must set boundaries. And they are different for each of us. Some of us like to stay at the office until the work for the day is completed and separate work time from family or play time. Some of us like to be connected all the time, handling things as they come up. These folks prefer a more integrated life rather than a separation. Still, others want to be home in the early evening and choose to “catch up” later on when everyone in their family has gone to bed.

There is no right or wrong; some of it is generational, some of it is just personal preference. And, what I have noticed, in the years I have been coaching executives, is that regardless of preference, setting boundaries is something many people struggle with. And people with young children struggle the most. People with families often agree to boundaries, rather than set boundaries between work and family; and they often forget to set aside time for themselves or agree to boundaries imposed upon them.

This is not a new subject; it is talked about and written about a lot. What I don’t hear discussed, as much, is the consequences of setting boundaries. For the sake of our loved ones, our health, or emotional health, we all must set boundaries that meet our needs. And, what I have come to realize is with very few exceptions, these boundaries have consequences. Sometimes the work doesn’t get done, sometimes our families are hurt or disappointed and sometimes the cost is economic, the customer goes elsewhere or we must leave our position and take one that allows us to live the boundaries we want, perhaps with lower compensation.

The question is, can we be intentional about choosing, so that we knowingly pay a cost we are willing to pay, rather than suffer a cost that we were neither expecting nor prepared to pay?

Socrates Was So Wise

March 6, 2016March 4, 2016 by Elisa Spain1 Comment

I have become convinced the Socratic Method is the secret to business success. In short, the answer is in the question. By asking better questions, we enable others to come to their own resolutions. Most of us in business are problem solvers, and often the answer to someone else’s problem or challenge seems obvious to us. Therefore, we rush in with advice, without stopping and asking questions. What I have learned, and continue to remind myself of daily, is that by asking more poignant questions, the resulting answer may not only be better, it may also be different than what we perceived as obvious before we asked. And most important, eureka only comes when a person discovers their own answer.

Following is a quote from one of my CEO members that, to me, captures the essence:

“I had a very interesting life lesson yesterday. Another member was leading and that was probably a little difficult for me to have someone else in charge. Once I accepted my role and decided to listen instead of work hard to offer my opinion, my perception of how I could add value changed drastically. I remember that Elisa said, ‘work to ask questions and not just offer suggestions’. I struggle with that as I always want to solve other people’s problems for them. It’s like counseling. The counselor never seems to tell you your problem; they just keep asking questions until you have the realization and state it yourself. That always bugged me. I now realize that until someone deeply understands their own problem, they will not take action nor will they truly support any action that they do take based on another’s understanding. I think I got more value out of the meeting than any other person in the room. That value was directly linked to not talking”.

Multitasking Isn’t All Bad

February 14, 2016February 12, 2016 by Elisa Spain1 Comment

Multitasking might reduce productivity but it may also boost creativity. Research shows that at least at this stage of evolution, we humans are less productive when we multitask. Article after article reminds us we actually accomplish less multitasking than if we simply did one thing at a time and saw each task through to completion before starting the next one.

What these articles fail to mention is the impact of multitasking on creativity. Have you ever found that when designing a new product or creating a new program that taking a pause, working on something else and coming back to it actually boosts your creativity? A recent study detailed by David Burkus author of “The Myths of Creativity”, supports this experience.

The study was conducted by researchers at the University of Sydney and examined three groups of students tasked with completing an “alternate uses” test — a common creativity drill wherein subjects are given an object and asked to come up with as many uses for it as they can.

The first group was given four straight minutes to work on the exercise.

The second group was given two minutes to work on it, then told to work on a different creativity test — namely, they were tasked with coming up with synonyms for a list of words. They were then given two minutes to return to the original test.

The third group was given the same two minutes on — two minutes off — two minutes back on structure. But during the subjects’ two minutes off, rather than taking on a different creative task, were instead given the much more passive activity of completing a survey that asked them about themselves.

When the results came in, they were fairly stark. The first group, the one that worked for four minutes straight, generated an average of 6.9 ideas during the alternative use test. The second group, which took on creative work in between different legs of the alternative use test, generated 7.6. And the final group, which stepped away from creativity tasks for a few minutes, came up with 9.8 ideas.

In short, multi-tasking is not all bad. In fact, in the right circumstance it may actually be good. So, the next time you have a creative project you are working on, go ahead and stop, go do something completely different and more mundane and you may find a creative boost.

Ah, The Power Of Retrospection

February 7, 2016February 3, 2016 by Elisa SpainNo Comments

As part of the big purge, I had a wonderful realization. Looking back, all that stuff that seemed so important, turns out… really isn’t. If only we, especially as leaders, could see this prospectively.

And, we can. Once again, it is a matter of pausing. Simply stopping and asking the following questions:

Does what I am about to do, need doing? I find this one is particularly important to ask about the stuff that seems urgent, which leads to the second question.
Does what I am about to do, need doing, right now? I find, I must make a case to myself why it’s not urgent or I will just do it. In short, life really is not an emergency.
If it really does need doing, am I the right person to do it? The question isn’t will I do it better, it’s what is the best use of my time. And, if I do delegate it, can I do it with a realistic, rather than a now deadline?

Is It Empty Or Filled With Possibilities?

January 17, 2016 by Elisa SpainNo Comments

For the last month or so, my husband and I have been purging, shredding, scanning, throwing away, and donating stuff. We decided to welcome the new year with less.

For me, less stuff opens up possibilities. Less stuff gives us the freedom to go where we want, if we want, now or in the future. The way I see it, getting rid of stuff opens up space; space to expand and to more easily see and access the things that bring me joy; and in some cases, exchange the old for the new.

For others, stuff is what connects us to the past. Without stuff tightly filling a space, rather than an opening, there is a void, a loss to mourn or a fear of what the future might hold.

Opportunity or emptiness? Abundance or scarcity? These are questions to ask ourselves, as we choose to lighten our collection of stuff (or not).

What Our Vistage Members Want You to Know

It's That Time Again…

January 3, 2016 by Elisa SpainNo Comments

What time? In business we call it goal setting time. In our personal lives we call them “new year’s resolutions”.

Here’s how Webster’s defines each of these:

Resolution: “to make a definite and serious decision to do something”

Goal: “something that you are trying to do or achieve”

Hmm, resolution sounds much more committed and yet, the common lore is resolutions are broken soon after made. Why is that?

Here’s the process most follow for business goals:

we set goals for the period
we prioritize the goals and choose the most important to focus on
we identify the steps we, and our team, need to take to get there
we identify the dependencies that exist and order the process accordingly
we establish monitoring systems and milestones, so we know how we are progressing toward the goal

In short, for business goals we have a process and for those who follow the process, results follow.

In my experience, working with business leaders, some follow a similar process for personal goals and many do not.

I wonder what has to change in our mindset for us to begin to treat personal goals or resolutions as “definite and serious” with the same level of importance as we do our business goals?

For some, it is a health scare that reminds us that life is short and our families depend on us.

Is that really the only way to get from here to there?

What Our Vistage Members Want You to Know