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While we are not out of the woods yet and still need to focus on job creation – the economy seems to be in a steady recovery with more growth expected by the middle of this year.  The question that will start being asked is where is the most leveraged place for us to invest now that business is getting better?   Well, I have what might appear to be a self-serving response to that – focus on developing the capacity of your executives and key emerging leaders!  I do not care who you hire to do this as long as they are worth their weight and have proven processes that will enhance the impact of your leaders.

When done well – development has a very direct return on investment.  One of my earliest entries provides a first step in determining your leadership development strategy.   The key is to be targeted in your approach and to hold who ever works with you accountable for real measurable results.  But when done well – the research shows the value of investment:

• Booz Allen Hamilton’s own research shows a 650% return on investment from their executive coaching program ¹

• Extraordinary leaders generate four times the results over good leaders in areas like profitability, employee loyalty and customer retention ²

If you have no real strategy or leadership development program – find yourself a seasoned and results-focused executive coach and take a test drive!  If the coach is worth their weight – the leader being coached should be generating results greater than your development investment within 90 days as long as you have also picked the right executive to develop (see our blog article on the one remaining stumbling block in executive development).

Yes, the past year was tough and we are not out of the woods yet AND the ones who will get you out of the woods faster are your executives – especially when they have the principles and critical approaches that only a great executive coach can provide.

I work in a lot of corporate as well as public sector settings and I am always amazed at the intellectual horsepower found among corporate executives, partners in professional services firms and SES leaders in the Federal Sector.  Unfortunately, this intellectual horsepower goes partially untapped because of one thing -  the lack of regular feedback.  This is certainly not true for all organizations yet in our experience it is for most.

Can you imagine the implication if guided missiles, satellites, GP-S’s, or your own body’s temperature gauge had no feedback mechanisms built in?  Bottom line, they would not work and in the case of the later the lack of a feedback mechanism would lead to death!  Now look at your organization and ask yourself -

• How effective are we at giving each other constructive feedback?
• If and when we do – what impact does it have on our performance and profitability?
• What, if anything, keeps us from having a more feedback rich culture (e.g. we are too polite to each other, we live in silos, etc.)?

Here are some common challenges that hinder an organization’s ability to improve performance through feedback: Read the rest of this entry »

Take Your First Step Toward True Evolution of Your Impact!

Ever wonder why you repeat the same negative thoughts in your head? Why you keep coming back for more from hurtful family members, friends, or significant others? Why you keep falling into the same detrimental habits or limiting attitudes—even when you know that they are going to make you feel bad?

Dr. Joe Dispenza has spent decades studying the human mind—how it works, how it stores information, and why it perpetuates the same behavioral patterns over and over. In the acclaimed film What the Bleep Do We Know!? he began to explain how the brain evolves—by learning new skills, developing the ability to concentrate in the midst of chaos, and even healing the body and the psyche. Read the rest of this entry »

Two of my favorite Albert Einstein Quotes are as follows:

“Insanity is doing the same thing over and over again and expecting different results.”

“Imagination is everything. It is the preview of life’s coming attractions.”

At first take – it does not appear these two quotes are related but they very much are!   For example, we are at a time of year when millions are inspired to set big goals both personally and professionally that they feel will lead them to a happier and more successful life experience.   Unfortunately, by the time February ends – many of our resolutions and the hope we felt will be a distant memory.   Why is this?  It is because the New Year generates a mood of hope in many.  It is an opportunity to make a fresh beginning!  Those making resolutions are tapping into this hope yet over days and weeks that follow the hope – we get hit by the tyrant of the urgent and our grand ideas shaped at the new year no longer seem “realistic”  in the face our “reality.” As Mr. Einstein says, insanity is doing the same thing over and over – expecting different results!

Now, I am all for setting goals and big ones!   In fact, as human beings we are quite goal directed and we accomplish many things effortlessly because of our unique gifts that others find amazing.  That being said, we do not apply the underlying principles that allow for success in one area of life in other areas where we are frustrated with!   One of these powers is our imagination.  Imagination is the foundation of vision, of great athletic accomplishment, and of great breakthroughs in our life and businesses. Most Goal Setting Approaches Do Not Take Into Account The True Human Powers That Allow Goal Setting to Be More Effective!

Read the rest of this entry »