To set effective goals, business leaders must have a handle on their Traditional business resources. Business resources include human, financial, and physical resources. A resource can be identified as anything required to achieve a business goal. Understanding how you utilize these resources directly affects organizational performance, production, engagement, and profitability.
A goal-setting study sponsored by the Ford Foundation found that:
There’s a great proverb that gets to the heart of leadership:
“If you think you’re leading and no one is following you, then you’re only taking a walk.”
– Chinese Proverb
It’s not enough to simply declare yourself a leader…or just to get hired into a leadership position. The act of leading requires specific skills and outcomes that move you and your organization forward. Without adding that value, it won’t be long before you find yourself alone on that walk.
Where are you going? Do you know, does your team know? Do your customers know? Without Vision, everyone blows aimlessly in the wind—rudderless in turbulent water. To me, it starts with personal Vision.
As an executive leader, your personal vision statement must align with the corporate organizational vision statement at the personal level.
Without alignment, how can an executive drive organizational vision? If the personal Vision is not in alignment from the start, how can there be success? The dilemma is that most corporate executives and small business owners do not have a clearly defined personal vision, let alone a written vision Statement – I think you know where we are going by now!
Building work relationships and building your communication style inventory is about managing objections. Often, as a manager, we receive inbound objections regularly. If we take them personally, it can become overwhelming for many. Think of it this way: an objection is a form of engagement. You have a starting point!
Welcome to the true signal, engagement! What?
Our communication style effects our unique personal effectiveness. The words we choose matter if we wish to communicate effectively personally, professionally, and organizationally! It's a mindset thing. If you work with me, you know mindset is everything. Our mindset establishes our tone. If the mindset is out of balance, desired outcomes, and thus profitability, will no doubt follow suit.
What is one typical effect of growth for a business? Effective business communication is my answer. This might surprise you, but business growth depends on the ability of the team at all levels to communicate effectively. Internally and externally. Communication is a system. Those who understand this can make measured improvements and teach others how to do the same. The business will experience growth at all levels if implemented effectively, with intentional work. If left to circumstance and interpretation, communication variables will rule the day and fall short of desired outcomes.
To me, it boils down to identifying critical inputs and outputs. Communication at the personal, professional, and organizational levels is a system. If done correctly, the team, customer, and company will have their needs met. Done incorrectly…you know the drill. Wasted resources, frustration, loss of customers and valuable team members, and profitability suffers.
Effective business communication is required for all managerial success. As managers, we often assume others know what they should know to implement their tasks effectively. There is the fundamental managerial assumption! Usually, this assumption is incorrect and can negatively affect desired outcomes and profitability.
