Interpersonal Business

VOL. XCVIII

Dear Manager,

I believe we all strive daily for the highest level of performance, both for ourselves and for those we manage.  If you are anything like me, there is a desire to reach for perfection in the hope that the final result might come close!  Too many of us have “expected” perfection only to be disappointed by a less than perfect world.  Although I finally gave up trying to achieve perfection decades ago, the ongoing search and the subsequent benefits continue to reward. 

I was recently working with a client – a perfectionist by nature – who was completely frustrated with sustaining time lines in her Product Development department.  She had established these time lines in order to insure her products would get to market well ahead of their selling season; her performance evaluations would be based on her ability to meet these schedules.  As is common, there were diverse parties and factors influencing the outcome, with priorities that sometimes varied from her own.

Meeting marketing time lines comes as close as there is to having to find perfection.  Customers (not to mention Christmas) won’t wait for you to get your act together.  Our discussions revolved around having the ability to impact those areas over which you have some control.  If you have a huge rock in your path, you must find a way within your control to get around it; the rock is not going to move, nor can you let it stop you.

So, if we accept that perfection will not happen, we can strategize around it.  My client and I discussed the possibility of asking for greater input in defining her timelines, knowing full well when her drop-dead dates were.  In anticipation of resistance and misfortune, the plan included backing up the dates to a time line that would insure success.  No one needed to know the absolute drop-dead date other than her.  The “soft dates” would become, for all intents and purposes, her published time lines.

A RETRAINING PROCESS

The initial challenge this individual encountered was that her predecessor had not created any degree of urgency or accountability in this process.  Having failed to do so, this individual had very effectively trained her partners to believe that they had no personal ownership in the outcome.  This is also very likely why this individual had been replaced!

PROGRESS VERSUS PERFECTION

The objective then became searching for progress with each and every obstacle, as compared to perfection.  She would begin by meeting with members influencing her time line, ask for their input, and share her appreciation for their support.  She would then ask what they thought would be “reasonable” for her to expect with regards to her schedule. If they were in her shoes, how would they proceed?   She also had to determine if they were indeed committed to their participation, and determine a completion date that would be workable for all parties.  She then wrote down the date of the meeting, their commitment, and the date agreed upon.  A copy would be given to each person for future reference.

Back at her desk, a calendar was established with all the dates that had been committed to.  Additionally, she noted dates on which to contact these individuals for a status update.  In each case, she would reference their prior meeting, and the agreed to time line.  Was she being a “nudge?”  Probably, but she was also taking much greater control of her own destiny.

Once the ground rules had been established, her team began to understand that she was absolutely serious, conscientious, and committed to their collective success.  They also realized they did not want to be the one person who fell short of their commitment.  A winner is born!

WRAPPING ONES ARMS AROUND THE UNKNOWN

My wife and worked on the restoration of an early 1900’s apartment building.  It was a wonderful project with many surprises and even greater potential rewards. We’d done other restoration projects, yet nothing of this magnitude.  As general contractor, I worked on the design, city code, bid process, purchasing, and staging, with over fifty independent contractors.  If there was any doubt about where the word chaos was coined, it had to have been on this type of project!

It can be a matter of orchestrating a diverse group of pieces, players, and parts, into a semblance of cohesion.  In a compacted time line, the process becomes an ebb and flow of forward and stalled motion.  My wife is convinced that our experience in staging trades shows is what  saved the day.  (Thank goodness someone was paying attention to our trade shows!)

If just one piece of the puzzle falls out of place, it quickly impacts the next three stages of the process.  I began to realize early on there could truly be no sense of confidence in meeting even reasonable expectations and time lines.  This said, I have also learned a great deal about how to quickly shift and find flexibility in the development process.

FLEXIBILITY

With perfection seemingly out the window, it was time to plan a workable strategy. If I could expect challenges on a daily basis (a proven fact), how could the process be staged in such a way as to anticipate and prepare for these obstacles? We certainly weren’t going to head home at midday whenever “an issue” arose.

The objective became to create as many as three workable options in staging contractors, finding parts, or actually completing the specific work.  Fortunately, my lead contractor is someone I had worked with for years on other projects, and I am proud to say that we only “had words” once during the entire process!  His patience with me, consistently sharing appreciation to all the players, and their collective willingness to overcome obstacles – to be flexible – made all the difference.

The final weeks of the project produced results that exceeded our wildest expectations … and was only a tad off budget. While my wife and I had labored over the smallest of details (seemingly thousands of them), success has been in the ability of the team to implement our collective vision.

Never underestimate the potential of a group of professionals with a single purpose.  So, how did they ever complete The Panama Canal?

Personal Regards,

Keenan

 INTERPERSONAL© is published by INTERPERSONALBIZ.COM, Keenan Longcor, Editor, ©2013.  Duplication of this publication is permitted for both personal and business use. Excerpts may only be quoted with acknowledgment of INTERPERSONAL/INTERPERSONALBIZ.COM as the source. For re-publication rights, please contact the editor at KEENAN@INTERPERSONALBIZ.COM

Vol. XCVI

 Dear Manager,

Managers are thrust into the decision-making process on a never-ending basis.  These decisions can create greatness; they can also come back to haunt us!  A good manager is clear-thinking, thorough and understands the broader implications of every decision that must be made.

Over time, we gain confidence in our ability to make decisions. With every good decision we grow, through the “other” decisions we learn.  Considering the fast pace in which we all live, and the number of decisions to be made, it’s not uncommon (and surprisingly easy) to fall into what I’d call “The Lazy Decision Process.”

The lazy decision process feeds on convenience.  Time is at a premium, and a quick and final decision certainly seems better than no decision at all.  Compound this with the reality that in a matter of hours, more pressing decisions will continue to fall on our plate.  The potential for lazy decisions can’t help but exist.

While we understand how this phenomenon occurs, there are key phrases – giant red flags heard more often than we’d like to admit – that exhibit this reality.  Next time you hear them you’ll have an opportunity to challenge their flawed potential.

“WHAT THE HECK”

These might just be the three most dangerous words in business.  It brings to mind a manager who might not have fully researched their hiring process.  “We don’t have anyone in that territory now, but what the heck.  Lets proceed!”  Boy, wouldn’t you like to be the person hired with this kind of confidence behind the decision?

These words can translate into some of the most counterproductive and costly decisions a manger can make.  Think in terms of the potential thousands of dollars and hours invested in setting up a new position.  I learned this one the hard way.  I’ve since found it to be significantly better to absorb a short-term vacancy, as compared to finding a warm body to fill the position.  There are already too many warm bodies disguised as professionals in business.  If “what the heck” is on the lips of any of your lieutenants, step away from the decision and no one will be hurt!

“LET’S GIVE IT A SHOT”

While certainly more decisive than the phrase referenced above, would you want to invest the family fortune in a decision suggesting this limited level of confidence?  Every financial commitment would suggest that a dollar invested is a dollar invested.  The cost and value must measure up regarding its individual potential.  Only you can quantify this potential by attaching a corresponding economic value and risk/reward.  Would you truly lay down the cash if “let’s give it a shot” were, in fact, its strongest endorsement?

“I’M SURE THERE’S A WAY TO MAKE THIS HAPPEN”

We’re making some progress here.  At least we’ve identified that we may not have the knowledge or expertise to proceed.  While further research may be required, I detect a willingness to proceed regardless of its outcome.  Yes, there certainly is a way to “make it happen.”  The question is, is this the time to accomplish the task to gain the greatest outcome?

“WE SHOULD BE ABLE TO MAKE THIS HAPPEN”

A manager has spoken no more confident words than these.  This suggests that “we should” be able but we currently can’t, won’t, haven’t, don’t know how or are unwilling to do so.  While it may be true that “we should be able,” I’ve found that “we” can be a million miles away from actually fulfilling the “should” in this equation.  Be sure to quantify should, determining the resources currently available in transforming “should” to “happen.”

“YOU NEVER KNOW UNLESS YOU TRY”

I can appreciate the initiative-taking aspect of this thought process.  It also suggests that someone is risking my investment instead of their own.  It’s much easier to be a bit cavalier with the financial resources of “the company” as compared to one’s own.  Regardless of the scenario, ask the question, “From your experience, is this the decision you’d personally make if given an opportunity similar to the one you’re reviewing on my behalf?”

Everyone can get caught up in the enthusiasm of a project.  They may genuinely want you to succeed; they may also want to tell you what you want to hear.

“WE CAN ALWAYS MAKE IT UP SOMEWHERE ELSE”

In the economic system with which I’m familiar, a dollar squandered is a dollar squandered.  It’s impossible to “make up” financial losses any more than we can go into rewind and make up time.  What’s gone is gone, period.  Certainly, it’s possible to find success in a second undertaking, but its financial rewards can’t be co-mingled with former failures to balance the scale.  It simply doesn’t work that way in the economics of business.  Anyone who looks at business in any other light is dealing in “feel good economics” and kidding themselves.

We can – no, must – respond quickly to minor decisions to make room for the grander variety.  Decisiveness is essential.  But often, the very best decision is the one to wait until further information can be gleaned.  But hey … “WHAT HAVE WE GOT TO LOSE?”

Personal Regards,

Keenan

INTERPERSONAL© is published by INTERPERSONALBIZ.COM, Keenan Longcor, Editor, ©2013.  Duplication of this publication is permitted for both personal and business use. Excerpts may only be quoted with acknowledgment of INTERPERSONAL/INTERPERSONALBIZ.COM as the source. For re-publication rights, please contact the editor at KEENAN@INTERPERSONALBIZ.COM

Vol. XCV

Dear Manager,

I’ve recently been meeting with a circle of friends to learn from each other by sharing our standards of how best to sustain personal growth in some of these arenas. From experience, most managers would suggest these are topics essential to good management. I’ve also found that in application, effectiveness as compared to reality can be all across the board. I’ve known and worked with some of the best; I’ve also seen the alternative. It all begins with organization.

In the early 80’s, I had a sales person who was moving out of state. She offered to bring me her files, which would be provided to her successor. She was a good salesperson, we had a good working relationship, and I knew her files would be invaluable to a new rep. When she arrived, she placed a neat stack of business cards bound by a rubber band on my desk. When asked where her files were, she confidently said this was all she had. Her “organizational system” had been wrapped in a rubber band! By her expression and body language, I knew that she was indeed telling me the truth.

Astounded, I set forth to develop a training session relating to organizational skills. As a group, we shared ideas that would help us individually and as a company. It’s certainly not essential that everyone uses the same system, but it is essential that a system exist (hopefully, one that is outrageously effective!).

Over the years I’ve used a simple system, developed by sharing ideas with others, that’s extremely successful for me and other professionals. If your current organizational system is outrageously effective, congratulations. Perhaps the suggestions in this month’s INTERPERSONAL wouldn’t apply to you, but I’ll bet you know someone who could use them!

A VERY “LOW-TECH” APPROACH

It’s time to re-acquaint yourself with a narrow rule legal pad (yellow is my preference, but you are more than welcome to select your favorite color). Begin by visualizing, or by drawing, four quadrants on the page.

• The upper left is my primary corner/quadrant, and is devoted to names of individuals, with their phone numbers, that must be contacted at my earliest possible convenience. These are individuals who’ve left me a message, or come up on my calendar, as needing to be contacted. Once my commitment to speak with this individual has been completed, their name is crossed out. In the event a message was my only option, a check mark is made to acknowledge an effort was made.

• Projects for the current day/week are listed in the upper right quadrant, to be accomplished as time allows. Generally, these are listed by priority. Once again, when the task has been accomplished, it’s crossed off the list.

• I reserve the lower left quadrant for phone calls that may need repeated follow up in the days ahead, or calls that are of priority but not immediate.

• Finally, the lower right quadrant is reserved for projects that hold potential, but require further thought prior to implementation. I use this for the incubation of ideas and projects.

Each topic or individual is simply a brief reminder of a priority at hand. Once noted, there’s no longer the need to try to remember who and what the primary areas of focus are for the coming days. It’s a huge relief to get it written down, and then to be able to let it go until an appropriate time. There’s also tremendous satisfaction in the “visual” of what’s been accomplished in your day. What’s more rewarding than CROSSING SOMETHING OFF YOUR LIST? Discipline would suggest, of course, that a name or project stays on the list until accomplished.

At the end of the day, I pull the top sheet, transfer incomplete projects and contacts (with any additions made during the day) in preparation for my next day in the office. With this, each day has a fresh start, and I’m confident nothing is being forgotten or dismissed out of hand. Simple, as promised.

If organization is the foundation of being able to prioritize, find discipline, and delegate, how would a system such as this help fulfill all of these priorities for managers? Basically, a system such as this provides you with all the visual tools and information to accomplish these objectives simultaneously.

The ability to prioritize in an organized fashion shows you, at a glance, those individuals and projects that demand your immediate attention. Knowing that things won’t “cross themselves off,” will give you the discipline to stay on task whether you are in the mood or not. We all find ourselves a bit overwhelmed at times, inertia sets in and, in all honesty, a nap would seem to hold the greatest priority.

Additionally, this process creates an exceptional vehicle for determining priority areas that, realistically, deserve the attention of someone other than you. If a contact or project is consistently sliding day after day to your revised list, consider making it someone else’s priority.

Some might suggest that an organizational discipline such as this would be too confining or dominating. I’ve found it to be just the opposite, as it provides me with the confidence, the luxury, and freedom to let go. This, in turn, enhances my down time.

Forget the PDA and get yourself a YLP!

Personal Regards,

Keenan

INTERPERSONAL© is published by INTERPERSONALBIZ.COM, Keenan Longcor, Editor, ©2012. Duplication of this publication is permitted for both personal and business use. Excerpts may only be quoted with acknowledgment of INTERPERSONAL/INTERPERSONALBIZ.COM as the source. For re-publication rights, please contact the editor at KEENAN@INTERPERSONALBIZ.COM

Vol. XCIV

Dear Manager,

In conversations with managers and organizations, I continue to be befuddled by those in complete and abject denial, that how they’ve done business in the past must be significantly rethought, if not completely overhauled. In review of lessons past we can find greater understanding of just how deeply this economic evolution has impacted our own (and very personal) economic arena.

One final time, past economic standards, assurances, expectations, climates, and scenarios are, for all intents and purposes, collectively in the toilet. If we’re still waiting for a failing sector to make a miraculous recovery, then we, as captains, are destined to go down with the ship. Compound this with a very challenging economic cycle, and I can almost hear the sucking sound of water rushing through the portholes.

JUST HOW FAR HAVE WE SHIFTED OFF WHAT WAS FORMERLY CENTER?

Changes in purchasing power, options, habits, mentality, and motivation are all about thirty degrees off center. In fact, think in terms of this shift as having created a new point of center. This is how far we’ve come. What were the contributing factors, and how has it occurred at such lighting speed?

Years ago, when we “needed” a new bike or transistor radio, we’d head to the local hometown department store. This is where everyone made their “major purchases.” Selection may have been limited, and price comparison was somewhat of an option, but we could always find a bike or a transistor radio.

With amazing levels of expansion, and billions of dollars in discretionary income available, the retail industry became much more specialized in its product and presentation. Small, yet specialized retailers became the seed for the phenomenon we now know as the “big box.”

From lumberyards to video stores, if you can fit it into a profitable big box environment, we’ve either seen it, or are likely to in the future. You can bet your last dollar on it! Certainly there are industries that have been spared, often because the profit/service models haven’t yet been economized to scale. We’re only destined to experience further proliferation of this very successful business model.

This age of knowledge, instant price comparison, minimal profit margins, and flexibility has forever changed the average consumer. Combine the price points now available in these sectors, with the absolute worldwide exposure now available on a product-by- product basis on the Internet, and we can begin to see how far we’ve come from the local department store environment.

As discretionary income has increased, discretionary time has decreased. There can be no turning back. I spoke with an associate recently who summed it up nicely. “The two-income family simply no longer has the time for the former shopping experience, and the single-income family, either by choice or by economic circumstance, can no longer afford to pay a premium when shopping.”

YES, WE EXPECT A BIT MORE, BUT FOR A LOT LESS

We’ve all been economically educated, in fact spoiled, with ways to maximize our discretionary income. The low cost models of the big box and the Internet have effectively accomplished this task. I can’t fathom a more competitive retail and service environment than the one we find ourselves in today, with the exception of the great Depression. With profit margins of 6% to 10% now found at Sam’s and the like, do you really think “PANDORA’S PRICING” can ever be ratcheted out of the consumers’ psyche? Jeff Bezos will never step away from his model of free freight, even if he wants to. Pandora strikes again! The model, the expectation, the psyche, is set in stone.

How has this new, well-informed, well trained, price conscious consumer responded to these new found low pricing freedoms? The world has now become their oyster. If they can find this purchasing power in one sector, why not expect it in all areas of purchasing decisions? Are you going to buy a copy machine or big screen television at Costco, or Bloomingdale’s? As a culture, we now expect to receive similar price considerations, and are no longer afraid to ask! The economic training continues, moving us even further off center.

THE BIDDING PROCESS

The earliest and greatest initial success on the Internet has come through the bidding process of purchasing both consumer and commercial goods and services. This exciting approach to purchasing has only taken the consumer further off center as it relates to their frame of reference and expectations relating to purchasing power. If I can bid for a car three thousand miles away, why not allow it to compete with one three miles away?

I’ve worked with construction contractors for over thirty years on both large and small projects. In years past, I would have depended on a contractor I trusted to subcontract and complete the entire project. I now have the time and motivation and efficiencies to “shop around,” meeting with a minimum of three trades’ people competent in their specialty. The savings have been nothing short of startling. On a recent project, custom cabinets from a new relationship netted $18,000 in savings. Pandora Rules!

There certainly have been occasions where my newfound purchasing freedoms were less than well received. Individuals (at times friends) who couldn’t bid competitively felt betrayed by my willingness to look beyond the convenience of simply asking them to do the job. I may like you as a person, but does this obligate me to pay significantly more to sustain the relationship? By nature, myself included, business gains enhanced margins out of convenience and long standing relationships. I respect this. I’ve also found advantage in not blindly accepting this.

As a culture, we now have an enriched perspective relating to value. There are simply too many rewards to appreciate and embrace. We’ve been conditioned to expect and deserve this value in all facets of our life. This reality will challenge all of us in business, in many cases for the better.

We must first accept the seduction of Pandora, enjoy her virtues as they benefit us, and accept the revised point of center. She’s not going to close the box.

Personal Regards,

Keenan

INTERPERSONAL© is published by INTERPERSONALBIZ.COM, Keenan Longcor, Editor, ©2012. Duplication of this publication is permitted for both personal and business use. Excerpts may only be quoted with acknowledgment of INTERPERSONAL/INTERPERSONALBIZ.COM as the source. For re-publication rights, please contact the editor at KEENAN@INTERPERSONALBIZ.COM