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Peak Performance Business Group™ Newsletter

Number 1

1. Why don’t you do it?

You probably recognize the benefits of sharing company information with employees, yet you're hesitant to do it. The key to opening up the channels of communication is to first look closely at the excuses you use to disregard it. Here are four common points of resistance:

  • Most employees aren't interested in the big picture beyond their own departments. This may be true of some people, but why deprive those employees who are interested? And even uninterested employees will appreciate the fact that the organization is willing to at least share with them.
  • If employees have access to information, they'll undermine the role of management. The concept of the tyrannical manager who knows everything and makes every decision is primitive. Managers who give out information freely will reap trust, cooperation, and productivity.
  • Employee committees and informative meetings take away from valuable work time. These meetings could be held during off-hours, but conducting them during the workday relays a message that communication is vital to the organization.
  • If employees receive bad news, they will assume it's the result of inferior management. Candid reports will earn more respect than dodging responsibility. You can also use this opportunity to relate the risk involved in management decisions.
 

2. Look before you implement.

There are enough management ideas, systems, and paradigms to make your head spin. Problem is, some of them are actually worth testing out. Which ones? That's up to you. If you've become enamored of any one of the management ideas floating out there, think long and hard before you try to implement it into your style. And keep in mind the following suggestions:

  • Do your homework. A management idea you read about in the Wall Street Journal has you all excited. Well, don't even think about putting into practice until you've researched the idea thoroughly. Read as much about the subject as you can. Grab every book, magazine, and study you can get your hands on. Get as solid a grasp on the idea as
    you can.
  • Make sure it will have measurable results. Know exactly why you think the idea should be implemented and how you think it can contribute. Also, know how to measure its value and whether or not it is creating the intended changes and results. This means being able to evaluate empirical data measuring productivity and effectiveness.
  • Follow it through. Once you implement a new management idea, be prepared to follow it through—even when it seems it's not working. Before you bail on the idea, first take a look at your own knowledge base and how the idea was implemented.

3. Getting feedback on your performance

Usually it's incumbent upon you to give feedback to those you supervise. But good bosses know they need constant and constructive feedback, too. Here's how to make sure you're getting the feedback that will make you a better manager:

  • Ask for it. Few people automatically provide feedback. And since you're the boss, your underlings are even less likely to speak up voluntarily—whether it's because they're intimidated or because they don't want to ruffle any feathers. Set up a meeting with them or give some a call.
  • Make sure you ask the right people the right questions. And be specific about the feedback you want. Make sure your request for information and feedback is as focused as possible. The responses will be much
    more valuable.
  • Probe for specifics. Sometimes the feedback needs elaboration. Don't hesitate to probe deeper. You need to fully understand what is being said to effectively put it to use.
  • Don't raise your hackles at negative feedback. Sure, it hurt. But only your ego. Sometimes the most critical feedback is the most honest and helpful. Don't ignore the negative criticism just because it is negative.

4. How to achieve peak performance.

Are you one of those people who get and feel swamped by the workload? Even though many career experts advocate taking on extra load to get ahead, there is a limit to your abilities. And if you drop the ball, it will do more to harm your career than advancing it by taking on too much. Here are some tips on keeping a balanced workload:

  • Practice the 80-20 rule.
    You perfectionists are going to have to let some things slide. The principle of the 80-20 rule: If you get 80 percent of the work done, the other 20 percent will either be fine if left undone or done by someone else.
  • Decline—politely.
    Know your limits. If someone asks to pile on more work, don't automatically say yes. And don't automatically say no, either. You can negotiate everything from how much work to extending a deadline.
  • Delegate.
    Although the task of delegating usually goes to a manager, it's reasonable to ask if another co-worker could help or if pieces of the project can be doled out to others.

5. Give the customer what he wants:

A store manager accidentally overheard one of his salesmen talking to a customer. "No, sir," the salesman said. "We haven't had any for a long time and it doesn't look like we'll be getting any very soon either."

The manager, appalled at the discouraging news his salesman had delivered, called after the departing customer, "You come back in a week or so, and we'll have whatever you want!" Then the manager turned to the salesman and said, "Never, ever tell a customer we're out of something and can't get it for him! Tell them we'll have it for them as soon as possible, you imbecile! What in the world did that customer want anyway?"

"Rain," answered the salesman.
Feel free to share this info at your staff meetings, use it for training sessions, or in conversations. Co-workers not signed up? Forward this to them. Our goal is to help you be, have and do more for you and your customers.
Earn more.
Stress less.
Make a difference.
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