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business coaching

business coaching, Business Insights, coaching, failure, Leadership Insights, Marketing, Performance, planning

Business Failure Is A Symptom

Let’s highlight an essential element of Business Literacy—Agility. This is such an integral success factor that The Malcolm Baldrige Quality Principles score points for this quality.

The following relate to rigid mindsets that defy Business Literacy

Use these as a checklist for your situation—

Three reasons small businesses fail hard:
1. Lack of planning, not funding. If they have a formal business plan, they don’t bring it out.
Usually there is a lack of a written marketing plan, which represents up to 70% of the business plan.

2. Owners/Leaders don’t listen to advisory input. They make unilateral decisions and they are stubborn. This symptom often relates to the experience and fear of having to learn a new way and the leader may lose control. Can you feel the catastrophizing build! That’s not leadership, that’s being bossy. Ever wondered how those two words relate?
When they want to do everything alone, one must question what the underlying insecurity it. These types don’t know when to hire expertise because they won’t ask—the circumstance is like the joke about men asking for directions! (So, they invented the GPS!)

3. These leaders focus on widgets rather seeing over the horizon then working back. They confuse production with productivity. Counting units is fine however, when we don’t factor in the cost of driving our personnel into the ground, we’re not seeing the reality of the outcome.

What do you think? What’s your experience with agility?

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business coaching, Creative, Performance

Want An Instant Intellect?


An instant benefit of an
instant intellect is it is the cure for shallow conversations.

So, what will you do with it? How can it serve you?

Until one sees the value in developing such an asset, then the resources required to obtain it won’t be justified. It’s that simple. For those of you interested in acquiring it, please read on.
7 Steps to Acquiring an Instant Intellect:

Pick a topic you want to learn more about.

Take five days and gather as much information you can from a variety of sources (internet, publications, trade associations, archives).

Commit to scanning the materials you’ve collected and select three points that interest you from the “compost pile.”

Use or refer to the three points daily in some aspect of conversation. For example, “How many times have you wondered about the colors in a rainbow? I did. Would you be to know what I found (Click for the answer.)?”

Attend a seminar, lecture, class on one of the three items you selected. (Consider non-traditional places like churches, mosques, synagogues, organizations conducting courses.)

Write a journal entry (one page single spaced) on where this exercise took you—For example, boosted curiosity, added conversation starters. Did you meet interesting people? Did you impress someone with your curiosity? How can you use this information in your personal and professional endeavors?

Submit your thoughts to a local media outlet, publication, newsletter, blog, etc. You will now be on the record with your intellectual pursuit.

Who knows? You may discover an avocation, a passion, a pathway you didn’t acknowledge before.

Bon voyage!

Regards,
Pocket Coach

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business coaching, career, coaching, EMBA, Emotional Intelligence 2.0, Leadership Insights, Literacy, Strategic Plan

Business Literacy™ Stimulates Entrepreneurial and Personal Mastery


As the 2008 opens business owners are in a unique position to advance their companies if they tap into an “ opportunity window.” Whatever industry sector you occupy, people are psychologically more open for change as the year turns. Businesses can capitalize on this openness and benefit from insight, rather than insider information, by committing to lead by example and direct open, literate, learning organizations.

Use Business Literacy™ as a powerful tool for businesses or service firms because of its cross-cutting effects (https://www.positivepotentials.com/businessliteracy.htm).

When ideas are uncomfortable to a leader, often they are brushed aside because the leader feels vulnerable. Openness will serve you. Just begin to explore these three elements and examine them with a positive, learning lens, not a punitive one. (This is a top coaching issue because coaching supports the leader.)

This is a positive time to shift gears and dust off your business and marketing plans. Strategic review is a sobering experience when you consider the primary reason projects, companies and services fail: severe lack of planning, not lack of funding. Another slant is to stimulate sustainability throughout your organization.

Custom Circumstance Solutions
Consider these ideas to your particular circumstances. Whatever direction you choose, the secret is to wrap these into an executable marketing plan. Below are several ways to insulate your company using a “slow-time strategy.”

Benefits and How To’s
Here are three ideas you may identify as needing attention within your company: (Excerpts from Cubas’ EMBA (Entrepreneurial Mastery of Business Assets™)

1. My contrarian view, based on two decades of coaching, is to move the company mindset from competitiveness to competence. Competitiveness distracts leaders from their core business and hijacks resources into “Me, too” modes. Competence sharpens the entire organization. Adopt Competence as an annual theme and apply it in your marketing plan. “Broadcast” how you’re doing this in your marketing materials, banners, web messages and voicemail message. This is an effective differentiator for your business offerings.
2. Another useful theme is sustainability.
A company’s sustainability factor can be measured with three core business-stabilizing factors:
• Enterprise-wide communication clarity
o Set the tone from “Gotcha” to “Serve Ya’ ”
o Intend for all to succeed in their roles to enrich the company
• Marketing-branding awareness
a. Internal and external
• Name the emotional attachments to your brand (how people identify you.) Have at least three.
If not, go to work on it.

• Ask yourself, “Would I do this if I was qualified to do something else?” or “Would my staff work here if they had other choices?”
3. Perception (image) management
It impacts quality recruiting and retention. Ever noticed how companies put the length of employment on a worker badges? What do you think when you see the years? That’s subtle sustainability.
a. When the day ends, what do you and your associates think, feel and hear about your business? Hint: how they were treated, spoken to, addressed, respected.
b. How much of your business is referral driven? Are you hunting or gathering? It’s more cost-effective to gather!

The planning void erodes limited resources essential for stability because it squanders the core areas mentioned above.

Ideas to Consider:
1. Invigorate “intra-preneurial” thinking and processes at all levels of your company. Start with gathering input rather than top-down mandates.

2. Limit meetings. A company looses ground when it squanders resources. Consider this communication and Human Capital issue:
—Communicate differently and more effectively. Email makes it easy to address individuals rather than blast “mandates.” A hand-written note is powerful. Team members will appreciate the outreach, know that you’re vigilant and will respond directly rather than drown in anonymity—it erodes accountability.

3. Understand the difference between productivity and performance (like efficient and effective.)

4. Set specific objectives for each category of your business. Have each team member write three bullet points as to how their work supports those objectives. This is useful when conducting reviews. Quarterly progress reports are essential for remaining in “flow.”

5. Understand what you intend to measure for results. Be sure the core elements relate and link back to enterprise objectives. Use metrics to connect them beyond just measure vertical units. Measure relational outcomes. Seriously, measure what price you paid to achieve your results.

As a coach, I often see smart and well-educated people overlook the simplest elements because they want to avoid risk. Coaching serves them to encompass the meta-view (from all around) when they are too close to the issues. The objective is not to avoid risk, but to manage it. The EMBA method is to shift your energy to VIEW rather than DO™.

You can submit your issues to Coach Cubas at mcubas@positivepotentials.com with a question that keeps you up at night. Trade in your antacid for a good night’s sleep when you know Coach Cubas is watching out just for you.

Cubas Contact Info
Michelle Cubas, Enterprise Business Coach and founder of Positive Potentials LLC, is a 2007-08 grant recipient from the City of Phoenix. She brought Positive Potentials to Arizona in 1995 from California. She has co-authored two books and targets fall 2008 for the release of her new book, The Broken Social Contract.
480-922-9699, www.positivepotentials.com. 1/4/08

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