Business Tip Tuesday 🚀

Hi, I’m Janese! I’m a student at Syracuse University and have been an intern for Jeff Rogers for the past several months now, and let me tell you, it’s been nothing short of exciting! I’ve gotten the chance to delve into topics like engagement, blindspots, learn about all the leadership development series offerings, and above all, be super hands-on with the JRCI team!

Although this is different from the Business Tip Tuesdays that you've come to expect each week, today’s article (written by me!) is still aimed to share a valuable perspective of what I've been able to learn from the Jeff Rogers Coach team about prioritization!

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.

Why Goal Setting Matters

A goal-setting study sponsored by the Ford Foundation found that:

• 23% of the population has NO IDEA what they want from life & as a result, they float around aimlessly.
• 67% of the population has a general idea of what they want but don’t have any plans for getting it.
• Only 10% of the population has specific, well-defined goals, but even then, 7 out of 10 of those people reach their goals only half (50%) of the time.
• The top 3% of the people in the study achieved their goals 89% of the time.

• What was the difference?  They found that of all the possible variables, the only difference between the top performers and the rest was that the top 3% WROTE DOWN THEIR GOALS.

There’s a great proverb that gets to the heart of leadership:

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.