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This
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Shoot At Something! by George Hedley
Leadership is simple. First, you've got to know exactly what you want,
for your company, your department, or your project team. I speak to
business owners and ask, "What do you want?" They respond, "I
want to make a profit." I ask, "How much?" - "As
much as I can get." "What if you can't get very much?" "That's
not enough." "Then how much do you want?" "More." "More
than what?" "More than I'm getting now." It becomes
obvious they really don't know what they want or have a clear target
to shoot for
Examples of clear targets include: “$500,000 net profit per year.” Specific. “Sales
to be $1,000,000 per month.” “The project team to make $50,000
on this job and get at least 2 referrals from the customer.” Leaders
know what they want and communicate specific clear targets and deadlines
for their people. And only then, can you develop a plan to get what you
want. More is never a target. More than what? There are 3 steps to get
what you want:
1. Know what you want!
2. Have a plan!
3. Always make progress towards what you want!
Daily you get pulled off track by day-to-day business activities. Things
go wrong, customers call with immediate needs, equipment breaks, or people
don't show up. These daily inconveniences pull you off course and take
you away from your number one priority, which may be bottom-line profit,
sales, or customer service. You need a written plan to keep on track
and measure your progress. I recommend written charts and graphs posted
for all to see which clearly show progress toward results.
Keep Targets Clear & Simple
According to Fortune magazine, a top quality of America's most admired
companies is laser like focus. They have a clear single business focus
of what they're trying to do. For example: Wal-Mart – low prices,
Nordstrom – customer service, GE – be number 1 or 2 in
every business they undertake. To me, that's not a path most small
and medium business owners take. They try to do too much and be everything
to everyone, instead of staying focused, doing what they do best, and
only setting a few simple and attainable goals.
People and companies without clear written targets and goals, are used
by those who have them. It's very interesting. Those who have written
goals achieve them. Those who don't, get the leftovers. I always ask, "Have
you got a measurable target? Do you have three clearly defined goals?
What do you want to achieve this year?" In my survey of over 2,000
business owners, only 30% had written goals for sales, overhead, and
profit. No wonder companies struggle!
Do You Use Scorecards?
Can you imagine playing a golf course without greens? Score doesn’t
matter. After four hours, you stop and go to the bar and start drinking.
There'd be no excitement. There's nothing to shoot for. No targets or
scorecard. Sound bad? Sounds like most companies to me.
What are you really trying to accomplish? To get the results you want,
you have to know exactly what you're shooting for and have a scorecard
to keep track of progress. When you hit a bad golf shot, you can make
the necessary adjustments to get back on course. In business, you've
got different terrain and obstacles along the way to overcome as well.
So you need information and feedback to make adjustments as you go, and
targets to shoot for and a scorecard to keep track of progress. Get everyone
involved by giving them clearly visible targets, written goals, and a
scorecard.
Use Challenges & Incentives
As a construction company owner, it's often amazes me when I go out to
a jobsite and ask the field superintendent, "When are you going
to get this part of the project completed?" He says, "Well,
I think we'll get it done in a couple of months." I then ask, "How
did you come up with that completion date?" He then says, "Well,
I talked to the subcontractor’s job foremen and we sort of agreed
we could all get it done by then." I ask, "Do you think you
can finish it a week or two early?" He says, "Well, yeah,
we probably could." "Why don't you?" "Well, there's
no real need to. We're OK, we'll finish it on schedule." I say, "Wouldn't
it be better to finish early?" "Yeah, but it doesn't really
matter that much, does it?"
As a leader, start challenging basic assumptions. Give people something
to shoot for and a scorecard to track the progress. Offer competitive
targets, challenges, and encouragements like: "If I give you $100
for every day you finish early, do you think that might make a difference?" Then
it's, "Oh yeah, I know we can finish at least a week early, maybe
even more." Leaders clearly layout what is wanted, draft a blueprint
to achieve it, and then watch the progress towards the goal. They also
use incentives and challenges to get people focused to achieve the desired
end results. When it's just the same old - same old - same old, people
give the minimum instead of their maximum. Everyone wants to be a part
of a winning team. Layout a path to victory and watch them hit a hole
in one.
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George Hedley owns a $50
million construction company and Hardhat Presentations. He speaks to
companies on building profitable businesses, leadership,
and loyal customers. He holds 3-day in-depth "Profit-Builder Circles" open
to construction company owners in an interactive roundtable format every
month. The "Profit-Builder System" includes proven tools to
always make a profit, build equity, create wealth, win profitable jobs,
motivate your people, and enjoy the benefits of owning a profitable company.
For information on Mr. Hedley's programs or to receive his free management
e-newsletter, visit www.hardhatpresentations.com , call 800-851-8553,
or e-mail him at gh@hardhatpresentations.com. A number of Mr. Hedley's
books are available at the World of Concrete Bookstore, www.wocbookstore.com.
George Hedley HARDHAT Presentations
3189-B Airway Avenue Costa Mesa, CA 92626
(800) 851-8553 Fax (714) 437-1125
Email: gh@hardhatpresentations.com website: www.hardhatpresentations.com
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