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Stop doing, shake your globe, ponder, dream, start reaching your full potential – live on purpose and do it with a smile!

Archive for the category “collaborative management”

If you are a GenX or BabyBoomer business owner/ leader you may want to read this post


If you are a GenX or BabyBoomer business owner/ leader you may want to read this post 

I am just flabbergasted by how many fellow business leaders belonging to the above-mentioned generations who are not embracing Millennials in the work place. They are outright shunning them because Millennials are “lazy, entitled, pampered, unreliable, immature” and so many other not so nice things.

This is just crazy! GenX and BabyBoomer business leaders behave a bit like the last generation of dinosaurs – they may not know it, but they will go extinct eventually. Millennials represent the majority of the workforce already. It will not be long before GenZ folks are knocking at business doors seeking employment. Are you going to shun them also?

The most resistant business managers claim the following two key reasons why they do not want to adapt their businesses to be more inviting to younger folks:

  • Managing Millennials costs too much money. They need more management resources and attention.
    Counter argument is that you will need plenty of structure and training anyway as your organization grows.
  • “If I spend more money on training new people, I will need to pay them more, or they will leave me for better employment.”
    Counter argument is that what if you don’t pay more or train and the people stay anyway?

Here are the top three things Millennials look for joining and staying at an organization:

  1. Purpose: You provide a reason why they should spend their time at your place. “Is my time spent here worth my time and am I making an impact?”
  2. Structure and career path: You provide a clear career path through your organization and you interview and onboard with plenty of documented structure.
  3. Flexibility: You provide a work place where productivity, creativity, and collaboration is rewarded – not just butt in chair time.

Do those three items cost you in preparation and execution time? Absolutely. Realize though that you are not only doing this for this one generation. Employee research has proven that the former generations love and embrace those key items as well – they were groomed to not actively ask for them. Millennials on the other hand listened to their parents and thus do not expect company loyalty and they have been immersed in technology from an early age.

The younger workforce of today is starting to displace the older business leadership generation. Don’t be a dinosaur. Stop working in your business trying to make it another day. Start working on your business and adapt it to embrace the younger working generation. The older workforce will love the changes to and you will be able to show it to your CFO due to a greater profitability through higher employee engagement, which elevates productivity.

Ralf

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3 elements of powerful decision making


3 elements of powerful decision making 

We make so many decisions every day that we can barely recall them all. Then there are these decisions that keep us up at night. That is because we have someone or something that we really want to pursue; it feels right and we so want to make progress and yet we do not have a warm and fuzzy feeling.

Makes for a terrible night of uneasy sleep, huh? When we are really infatuated with an idea, chances are we may be making a really risky decision that we will regret later on. Never making a decision is just as bad. The older we get we make decisions more and more with our intellect. It is however heavily influenced by historical events because we want to limit our pain that comes from having made a poor decision.

So what can we do?

The secret of powerful decision making lies in the power of three: Intellect, Heart, and Instinct. What I mean by that is creating your version of a decision balance sheet. It is divided in these three main categories.

Typically, your first response to any given decision you have to make is taking you down the right path. Make a note of what that is. This is the first reaction to a decision you are facing. Now enter what your heart – meaning compassion, empathy, love, passion, etc – tries telling you. Now reflect on what your intellect is telling you. In other words you are breaking up your decision tree to a more manageable decision tripod.

Resist the urge to the extent possible arguing your way to a result you wanted to get to from the get go. Instead, start with your question that keeps you up first. Then follow your answers to all three main criteria. Finally round it all up with pondering if and how your decision will still look like in 2 to 5 years from now. Is it long term sustainable? How much fun will this by in the long run?

Sure, I did almost forget including the element of fun and excitement. Keep that in balance with the risk you are willing to take and you will start sleeping much better. Happy pondering.

Ralf

1 occasion when tunnel vision is actually a good thing


1 occasion when tunnel vision is actually a good thing 

Photo credit: Ralf Weiser

Usually tunnel vision has a bad connotation. I claim there is a good version of it. This is happening when you are part of a really deep, meaningful, and thus genuine dialog with another person, or a group of people.

Have you ever caught yourself having a conversation with someone at e.g. a restaurant and at the end you finally notice that the patrons have long gone, but you had not noticed that? In fact, you may not have noticed what your waiter looked like, and that literally hours had passed you by. That is what I call positive tunnel vision.

Part of it is that your mind is deeply in thought about what is said and you keenly focus on your dialog with your partner(s). It is fun to partake in the discussion and you mutually benefit from what you talk about.

A key area of this is not only fun, but very fulfilling: Dates. Have you ever noticed how fast times flies right on by you and you do not notice anything but your date? How can this get any better than this? Make good use of times like these ones.

Another good sign that you have had such a genuine discussion is that you may feel exhausted. It takes a lot of energy out of you when you are totally present and in the moment. That is even more so a good reason to be really picky about with whom you have a chat like this.

It is always a great idea to think about how much of a time limit you want to give yourself. Also, think about what you want to get out of a conversation at a minimum; you do not want to come out of a meeting with no tangible outcome. For example, a list of topics you wanted to cover. So much energy and time should not go in vain.

Tunnel vision is a loss of peripheral vision – you focus on the middle and notice nothing around it. Sometimes this can be really bad, but at the same time it can be good because you can focus all of your attention on your conversation partners. The latter can be very rewarding and provide the discussion partner with long-term mutual benefits. Here is to a new year with many opportunities to having such meaningful conversations.

Ralf

Avoid living in regret by stopping to believe you have no time


Avoid living in regret by stopping to believe you have no time 

One sentence that you will surely never hear from people on their deathbed is that they wished they could have spent more time at the office when they had a chance to do so. When we regret things it is typically more about something quite opposite: Spending more time with people whom we love and value the most. It is the quality time that we often wished we could be with our key folks. This wishful thinking brings along plenty of stress. How often do you think that you have done an inferior job being a great mom or dad, aunt or uncle, etc?

This thought is also providing much of the answer: Stop the wishful thinking as soon as possible. Give your brain some time to really think about the choices that you are making every day. We are designed to live a balanced life. Then life – especially our business one – gets in our way and we no longer have time. What you are really doing to yourself is that you are telling yourself that you do not have time. But that is because you are not making an active choice to make time for the things that are important to you.

Today I received this wonderful post that helps dive deeper into the reasons behind us having such a short time horizon. https://medium.com/the-mission/if-you-dont-want-to-regret-your-life-30-years-later-make-this-one-choice-right-now-1cc137516df0 Key notion of this article is investing in more compound time instead of directing all our doing and being to short term activities and actions. It is a must read post.

So here goes your challenge: Next time that you get a chance spending more time with your loved ones, ponder what you would miss if you did not go. Now make an active choice to re-arrange your work and social schedule and make it happen. Not only does this feel great, but you will be able to live a more balanced life – without regret.

Ralf

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