But, Do They Really Like You?

Many years ago, Sally Field famously accepted her Oscar saying, “You like me,” she declared. “You really like me.” With the strong emphasis on the word really.  Turns out what she actually said was, “I can’t deny the fact that you like me, right now, you like me.” We probably misremember or misheard the quote, because it isn’t just actors who are primarily motivated by being liked, we all are. Psychologists say this misquote is so sticky because it exemplifies a central human need.

And, whether we are liked, impacts our ability to have long term, lasting, success. Likability is an essential component of EQ. Likability impacts the legacy we leave.

I am fascinated, particularly lately, with how this shows up in politics. Here in Chicago, our mayor nearly lost the last election, despite what he has accomplished, because lots of people, don’t like him. Our previous mayor was extremely popular. As a result, he could do things that people didn’t like (like swoop in and close an airport in the middle of the night, without any authority to do so), because people liked him, even if they didn’t always like what he did. The airport closing, by the way, turned out to be something the citizens of Chicago ended up liking because it became a lovely park and concert venue. And, our parks and the overall beauty of the city is part of Mayor Daley’s legacy.

Working with CEOs and executives, I observe the same phenomenon. The CEOs who, like Sally Field, are really liked, by their teams, get results. They get a pass when they make a mistake, especially when they own it and admit it. And more importantly, they get support when they want something to happen.

As we think about our own leadership, a question worth asking ourselves, perhaps daily:

What can I do today, to hone my EQ skills and increase my likability?

Why Vistage Works

Elisa K. Spain

In Your Effort To Please, Are You Giving Away The Store?

Much has been written about The Ritz Carlton Way. The takeaway I always hear is “empower your front line employees to deliver WOW experiences”. Today many other organizations follow this Ritz Carlton Way.

The intent of this approach is to allow employees to resolve a customer situation and have the customer walk away so pleased that they return and tell others about the experience. As with anything else, the best intentions can sometimes go awry. Here are some examples I have observed recently:

  • A customer at Whole Foods asks for product A and they don’t have it, so the employee offers a Try Me (aka free) for Product B. All fine and good; I believe this is the intent of Whole Foods management. But what about the employee that offers a Try Me, simply because they have only 1/2 a pound of the product and the customer wants 1 pound? Should the 1/2 pound be offered as a Try Me?
  • A salesman makes an error in writing up an order for a construction job. The salesman works with the office to ensure the errors are corrected at no charge to the customer. Again, all good. But then that same customer asks for additional changes and the salesman, feeling bad about the earlier mistakes, gives away those additional items at no charge. Is this the Ritz Carlton Way, or is it giving away the store?

It’s a fine line, and of course, judgement is required. I also wonder how many companies that have adopted the Ritz Carlton Way have also adopted the extensive training and monitoring for which Ritz Carlton has become famous. In fact, there is a Ritz Carlton leadership center that offers public courses in delivering what they call memorable customer service.

Even when the design includes training, as with all initiatives, the DIME Method comes into play. We often leave off with Design and Implement and forget to Monitor and Evaluate. With this in mind, I leave you with the question I asked at the beginning,

In their effort to please, are your front line employees giving away the store?

 

Why Vistage Works

Elisa K. Spain

Are You Green & Growing?

The further along we get in our careers, the more we know and the more we are challenged to stay curious.

Every now and then I meet a leader that knows it all. They have “the way” they do things that worked for them in the past and as leaders, they are certain it will work today.

They share “the way” with their team, expecting them to accept “the way” and to become successful because of it. They do this with the best of intentions, and yet, the results don’t come. Frustrated, they try again. If only folks would simply execute “the way”, they will be successful and so will our company.

Alas, they discover, it doesn’t work the way it once did. This leader has two choices, s/he can continue to lead as s/he has always done, or… s/he can become curious.

What I have noticed is businesses, like ourselves, are living beings. And, like a plant, if I am not willing, and able, to be green and growing, the result is, I, and my company, become ripe and eventually rotting.

Why Vistage Works

Elisa K. Spain

Wait I Am An Entrepreneur, Not A CEO!

In my practice as a Vistage chair, I often hear entrepreneurs say, “I don’t want to lose the culture as I grow this company” or “We are like a family; I want to keep this feeling as we grow”. And yet as the company grows, the culture inevitably changes and the owner no longer knows the name and the family of every employee.

In the early days, everyone is equal and it is all about getting the job done, getting the orders out, meeting the customer needs. Typically the owner is the chief sales officer and innovator. As a company adds more people, “management” becomes necessary and terms like “building a leadership team” come into play.

Suddenly the owner is thrust into the role of CEO. Some enjoy the change, and most long for the simpler days when everyone was pulling together without any hierarchy. And, while longing for the “old days” s/he is excited about the growth and excited about having a broader impact.

So… s/he hires some executives and asks them to show the way. All well and good, except these folks are focused on their own career path. These key executives want the opportunity to innovate and have an impact themselves. The CEO while still expected to define the vision, must also become a coach and mentor, allowing others to grow and develop as leaders.

This transition from entrepreneurial management to professional management is what Vistage is all about. Members come together to discuss these challenges and inspire each other to make the necessary changes to achieve the results they desire. The ultimate goal for most is to build a sustainable enterprise, one where the CEO’s vision can be achieved without the CEO’s handprint.

Those that are able to make these changes are those rare few that build and lead the less than 1% of companies >$100mm in revenue.

 

Why Vistage Works

Elisa K. Spain

 

The Unintended Consequences Of Mentorship

During my career I have been fortunate to be a mentor to several talented individuals, and to have had wonderful mentors myself.

For me, there are few rewards in leadership that are as good as those that come from mentoring someone and watching them grow into successful leaders themselves. Similarly, I can attribute much of what I have accomplished to the mentorship I have received throughout my career. Mentors who generously gave their time and wisdom to me and modeled behavior I wanted to emulate.

And at the same time, I have discovered some unintended consequences of both being a mentor and having a mentor.

Occasionally, we are seen as mentors without realizing it. We become role models for others sometimes without knowing it. So what’s the issue? Being a role model equates with expectations. When we don’t meet those expectations, the impact can be crushing. After all, we are supposed to be wise and set a good example, and, know what to do, and, do it right… and guess what? We all fail sometimes; we all do things we aren’t proud of sometimes. In short, mentors are humans and if we expect our mentors to always do the right thing, the best thing, we will always be disappointed.

And as mentors, we forget sometimes that mentorship is not forever. We must recognize when it is time to evolve the relationship and recognize when our mentee grows beyond their mentor. It’s not that we don’t benefit from mentoring at every point in our lives; rather it is that a single mentor fulfills a role at a point in time. And then it gets sticky. What happens next? The relationship was uneven. Can it move to a peer relationship? Or does it end? Endings are sad, and sometimes necessary. In my experience, it is delightful when a mentor becomes a friend and peer. For this to happen, it takes awareness, intention and ego set aside by both people. Not easy.

So, the next time you become a mentor or seek a mentor, ask yourself, and even better ask your mentor/mentee:

  • What do I expect from me in this relationship?
  • What do you expect from me in this relationship?

Why Vistage Works

Elisa K. Spain

Time To Find Something New?

So many quotes, so many articles written about the value of sticking to something, the value of not giving up, the value of continuing to stay the course even in the face of adversity.

But what about the flip side? What about the importance of recognizing when it is time to find something new?

  • Time for the entrepreneur, who after 5 years doesn’t have traction, to try the next thing. And instead, she shows up every day to try, try try; but it is not fun, perhaps never was, and the results show it.
  • Time for the founder who created something special, had fun when it was small and is no longer working in his genius to move on. Perhaps hire a president, perhaps sell, perhaps even shut down. And instead of moving on, he shows up every day to try, try, try; but it is no longer fun and the results show it.
  • Time for the young professional manager to pause and think about what she really wants from her career. Perhaps, give up managing because it’s not what she likes or move from the safe corporate job to a smaller company where she can have more of an impact. Instead, she shows up every day to try, try, try, but it is increasingly hard to do. It’s not fun and the morale of her team shows it.
  • Time for the mature professional manager to retire. He long ago lost interest in his work, but has no idea what he would do with his time. So instead of figuring out what else may be on the horizon and meeting with a financial planner to understand his financial options, he shows up every day to try, try, try; but it’s not fun, and the results show it.

Is any of this you? Is it time to for you to find something new?

 

Why Vistage Works

Elisa K. Spain

Goal Time Again

Each year when the leaves begin to fall, it’s a reminder that we are entering the final quarter of the year. For me, it’s time to take stock of what has happened thus far this year, evaluate how we did against our plan and begin thinking about next year.

The questions I ask are:

  • What would you like to be different in 2017, either professionally or personally?
  • What will you plan to do differently, so that you achieve these different results?
  • How will you hold yourself accountable for these results? Will you write down your goals? Will you carry them around with you as a reminder of your desires?

 

Why Vistage Works

Elisa K. Spain

Rewarding Innovation: Because Great Ideas Just Don’t Imagine Themselves

This week’s blog post appears on Executive Street Blog. Please click this link to view it.

An engineer friend of mine works for a large, highly innovative company. You know the type of company I’m talking about: the kind that introduces new products, offers unique services, and establishes effective processes with remarkable consistency. The kind of company whose employees get told over and over again, “You’re so lucky!”

But here’s the secret: luck has nothing to do with it. And here’s why:

Innovative companies, like my friend’s company, take creativity very seriously. Innovation isn’t an end result (for example, a successful product), it’s a plan of action, a series of concrete activities — including false starts — just enough of which lead to successful products.

For example, engineers at my friend’s company must set specific performance targets each quarter. Innovation points are an important element of these targets. Innovation points are earned based on specific actions, including coming up with ideas, testing the concepts, taking the approved concept forward to the patent stage, and developing a marketable product. Coming up with an idea and presenting it to an innovation review team is worth a $200 bonus.  If the idea goes forward beyond the initial concept, the employees earn $2,000. Not every idea is a winner, but the program stimulates enough profitable creativity to justify the investment.

This program got me thinking and searching. There are many, many public innovation awards, but I wonder, how common are internal innovation awards? How much innovation would we see if such programs were used more frequently?

Here are my questions for you:

  • What are you already doing to inspire and reward innovation in your company?
  • What might you begin doing, starting tomorrow, to inspire and reward innovation in your company?

 

 

Why Vistage Works

Elisa K. Spain

What Is Our Leadership Role In Service Recovery?

I recently had a small remodeling job in my home that, despite excellent intentions on the part of the provider, did not go well. This project failure got me thinking about service recovery and what exactly that means. I have also come to realize that the definition may be different, depending on whether you sit on the customer side or on the provider side. After all, where we stand is always based on where we sit.

Most of us, as leaders, focus our attention on getting things done right the first time. In manufacturing, error rates are measured down to the level of “six sigma”. While excellence in delivery is an appropriate goal for high performing companies, even high performing companies make mistakes. And for me, true excellence is reflected in what happens next. In short, true excellence shows up when service recovery is required.

In my experience, what the customer wants falls into two parts, acknowledgement of the error and assurance that the provider will find a solution to the problem.

What often happens looks more like this…

  • Instead of acknowledging there was an error, the customer contact person seeks to explain the problem. Sometimes this effort to explain may appear to the customer as avoidance or worst case, blaming the customer.
  • Instead of seeking to find a solution to the problem, the customer contact person may simply abdicate. Sometimes, in a true effort to please the customer, the rep leaves the problem solving to the customer, and simply says, “tell me what you want and I will do it”.

Our folks who are in front of customers all the time are faced with service recovery situations frequently. Most excellent companies train their people to do it right, and employ good quality control measures to ensure this outcome. These same companies also train their people to “give good customer service” when a problem arises. As a result, when there is a small product or service failure, the contact person can successfully diffuse and handle the situation themselves. In fact, lots has been written about empowering customer facing staff to recover, and many companies employ these techniques. Examples include “try me” items at Whole Foods, to the much quoted “Ritz Carlton way”.

Sometimes though, the failure to perform is significant both in terms of dollars and customer satisfaction. It is in these situations that excellent companies have an escalation process, perhaps even a task force to resolve the situations. For me, this represents true excellence for two reasons. First, the customer feels valued and feels assured that the problem will be solved. And, equally important, the line person has support in resolving the problem.

I leave you with these two questions:

  • What is your escalation process when a significant failure to deliver happens? Are you or someone from your leadership team notified immediately?
  • Have you defined “significant” so that your line folks know the situations they can and should handle themselves and the ones that they need to escalate?

Why Vistage Works

Elisa K. Spain

 

How To Recharge Yourself And Your Strategic Plan

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.

Why Vistage Works

Elisa K. Spain