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What Team Centered Goal Setting Really Looks Like

As a leader, how much time are you spending setting the vision and tone for your company versus wading into the details or putting out fires? Your focus should be to create a great team and give them the tools to produce the results you want. However, the biggest challenges leaders face are trusting their teams enough to set the right goals and holding teams accountable once the goals are set. Many leaders think their employees should be given direction to get the job done and find it difficult to trust even their A players with defining goals and making key decisions.

By micromanaging and being involved with every goal or decision, you are creating a bottleneck and demotivating your best people. Therefore, you need to come to terms with any trust issues. Leaders need be learn to be more collaborative in goal setting by giving their team’s ownership for setting goals rather than setting goals for them. Continue reading “What Team Centered Goal Setting Really Looks Like”

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Business Buff Entrepreneurs Interviews Mike Goldman

Today’s Business Buff Entrepreneur Mike Goldman is the Founder of Performance Breakthrough.  Most companies have the right goals but don’t execute.   That is why Mike Goldman is so successful in his consulting business Performance Breakthrough.

He helps companies identify:

The right priorities, the right metrics and the right meeting rhythm to review and ramp back up to achieve their goals.

Listen to the interview.

Mike Goldman on Amazing Workplace Podcast

Mike Goldman on the Amazing Workplace Podcast

In this episode of the Amazing Workplace, Mike dives into the foundation of incredible organizations – their people. He challenges the listener to look around the table at the leadership team around them. Would you rehire every executive in your organization today, if given the opportunity?

Listen Now

Acceptance Or Rejection Written On A Blackboard

The Platinum Rule – Acceptance

News flash: The Golden Rule doesn’t work! We’re all different. So why do we think everyone wants to be treated the way we would want to be treated? The fact is that we can’t treat people the way we want to be treated because everyone has different motivations, learning styles, goals and cultural backgrounds. Therefore, it’s time to follow the Platinum Rule: Treat others the way they want to be treated.

Thinking we need to treat everyone the same because it’s fair is one of today’s biggest leadership misconceptions. Is it really the right thing to do … or is it the easy thing to do? Leaders need to accept that each employee is different, and they need to make the effort to find out how each individual on their team wants to be treated. Each one of your employees has goals, motivations, values, and learning styles. Some are motivated by money or status, while others by free time and flexibility. Knowing this, should you offer the same types of incentives to all of them? When you understand and take action on these differences, your employees can reach their true potential, experience greater happiness at work, and be more productive in their jobs, which leads to higher employee retention and a healthier bottom line.

So how do leaders overcome the challenge of accepting that we are all different and need to be treated differently? Here are a few suggestions for making the Platinum Rule work for you:

1. Dig deep 

Get beyond the superficial and learn about your employees and what makes them tick. Take advantage of the following ways to dig deep:

  • Conduct personal history meetings/discussions: Find out about your employees’ childhood, families, hobbies, favorite jobs, etc. These meetings can happen one-on-one or in groups.

  • Ask:

1. Meet one-on-one with each team member to ask him or her about their values, motivations, and learning styles. Here are some sample questions:

2. Think back to a time when you were incredibly motivated at work.  What happened right before to make you feel that way?

3. Think of a time when you had to learn something new, and it just “clicked” for you. What method of learning did you use?

  • Conduct behavioral and personality assessments: There are many good behavioral and personality assessments on the market, such as Innermetrix®, Profiles International®, DiSC®, etc. These assessments are typically very accurate and may give you and your employees important insight on their styles, talents, values, and motivations.

  • Observe: Watch your team during meetings, high-stress situations, and social situations and take note of their styles and reactions. Do they take the lead in meetings, or do they follow? Are they agreeable, or do they play devil’s advocate? Do they thrive under pressure, or wilt?

2.  Differentiated learning and development

One size does not fit all in the area of learning and development. Learning programs should incorporate a level of flexibility to support individuals with different needs and learning styles. Some specific ways to add individual flexibility include:

  • Self assessments to determine specific development needs

  • Goal plans to tailor development action items

  • Facilitated discussions to engage the audience instead of one-size-fits-all lectures

  • Use of various delivery mechanisms, including eLearning, instructor-led classes, webcasts, case studies, projects, activities, and workshops

3.   Differentiated motivation and compensation

We tend to motivate people the way we are motivated. We assume if we are motivated by money, other people will be as well. The key is to incorporate a level of flexibility to support people in different life situations with different motivations. If someone’s primary motivation is quality time with his or her family, incentivizing them with a cash bonus for working extra hours will not work well. Incentivizing this employee with additional vacation time would be a much better idea. Instead of assuming that all bonuses and rewards should be monetary, try some of these other incentives, depending on the motivations of the individual:

  • Vacation time

  • Time for volunteer work or other special interests

  • Donations to their favorite charity

  • Public recognition, such as in a town-hall meeting, company newsletter, etc.

  • Take them and their families out to dinner

  • Send them on a trip

  • Pay for training or a seminar they are interested in attending

4.  Vary communication media

Twenty-five years ago, communication was much simpler. Face-to-face, phone, and print were just about the only options we had. These days we have e-mail, instant messaging, texting, webcasts, blogs, social networks, and more. Choosing the right communication medium is more important than ever.

While generational differences are not the only reasons to vary communication media, they are certainly important. To deliver an important message:

  • Baby Boomers may be much more responsive to face-to-face or phone communications.

  • Generation Y may be just as comfortable with instant messaging or texting.

  • You will also find that while some people may never answer their phones, they will respond to e-mail with lightning speed while others may look at e-mail only once per day.

Before you communicate, make sure you understand the different communication styles within and across teams and vary communication media as necessary.

5.  Understand generational dynamics

  • The Baby Boomers think Generation Y expects everything handed to them on a silver platter and can’t understand their work ethic.

  • Generation Y workers are incredibly tech savvy and multitask like no other generation has before.

  • Generation X is caught in the middle of Baby Boomers who have not retired yet—and don’t want to anytime soon—and Generation Y “kids” who are trying to leapfrog over them in the organization. Each generation has value to add, as well as shortcomings.

As a leader, treating all generations the same can lead to disastrous results. The challenge is to understand that everyone is different and trying to do the best they can with a different set of values. So instead of the Golden Rule, practice the Platinum Rule: Understand and accept differences so you can treat others the way they want to be treated. By doing so, you will improve recruiting, retention, and productivity while also boosting your bottom line.

Mike Goldman Webinar

Start Your Own Performance Breakthrough!

Gain access to my exclusive webinar: Performance Breakthrough: Applying the Four Secrets of Passionate Organizations, in which I’ll explain in depth how you can apply the Four Secrets of Passionate Organizations to your own work, company, or organization.

In the webinar, you’ll learn:

  • What the Four Secrets of Passionate Organizations are.
  • Why Passionate Organizations succeed, while others fail.
  • How you can apply the Four Secrets of Passionate Organizations to your own business.
  • Specific, actionable tactics for improving your business’ culture.

In addition to the webinar, I’ll be engaging with select attendees in a one-on-one coaching session.

The webinar will start at 1:00 PM ET on August 26th.

A recording of the webinar will be available to everyone who signs up.

Sign Up

Performance Breakthrough Reviewed on The Leadership Blog

By John G. Agno
Having the right people not only impacts the performance of your organization, but your own happiness. If you don’t enjoy coming to work, how do you think your employees feel?

“Performance Breakthrough” by Mike Goldman provides a framework to drive enthusiasm and engagement throughout your organization.

Read the full article on coachingtip.com.

Success In Career

How Trusting Employees Saves Time and Money

Do you have confidence in your hiring process? If you have hired the right people—the ones with the smarts that impressed you enough to choose them—and have provided them with the tools necessary to do the job, then you need to give them the freedom to get the job done. This means trusting them enough to allow them to reach their true potential. If you believe in your hiring process, then trust your people. As Steve Jobs stated, “It doesn’t make sense to hire smart people and then tell them what to do; we hire smart people so they can tell us what to do.”

Realize that not trusting your employees costs you time and money. Additionally, micromanaging and being involved with every decision the team makes creates a bottleneck. Therefore, you need to come to terms with any trust issues.

Why is it so hard to trust employees? Some business leaders believe that their employees need to earn their trust before being trusted—rather than the other way around. Others are afraid to be vulnerable with their teams, while many more are fearful of sharing confidential information—the very information their teams need to be trusted to get the job done.

Allowing your team to have a greater role in the decision-making process means you need to trust them. Stop defining every step they need to take in order to get the job done. As a leader, your role should be one that focuses on defining outcomes and giving the team more responsibility for figuring out the best way to get there. Your team is working on the front lines every day, so they are probably smarter than you are when it comes to the real details of the project.

In order to have a more participatory company and to allow your people to have true ownership and impact on the bottom line, your attitude toward them needs to change. Here are some suggestions to consider.

1. Discover/communicate core ideologies.

Core ideologies are the “almost never changing” foundation of your organization and are made up of your core purpose and core values. A solid core ideology becomes the glue that holds the organization together and the driver of all strategy and people decisions.

  • Core Purpose: This is the “why” of the organization, and it is not just about making a profit. Your core purpose answers the question, “What difference are we making in the world?”

  • Core Values: This is the “how” of the organization. Core values are a non-negotiable handful of rules your organization lives by every day. These values become your organization’s attitude and should drive your organization’s behavior, who you hire, and who you promote.

The right core purpose and core values act as a set of guiding principles for the organization. This allows leaders to stop micromanaging and give more freedom to their team members.

2. Encourage more ideas from your team; be participatory instead of dictatorial.

Dictatorial Management: 

  • Your team’s effectiveness is limited by your vision and knowledge.

  • Your team will become paralyzed if you are not available to make a decision.

  • You feel ownership for all decisions.

Participatory Management:

  • Allows the team to rise higher as all team members’ talents are used to the team‘s advantage.

  • Allows the team to make effective decisions, with or without you.

  • The team feels ownership for all decisions.

How to achieve participatory management:

  • Ask for suggestions, such as: What are the five dumbest things we do? Of what should we do more? What should we stop doing?

  • Focus on ways to reward intelligent failure rather than punish for mistakes made.

  • Conduct open-forum meetings to discuss events, ideas, and issues.

  • Follow up on suggestions consistently.

3. Conduct team-driven goal setting.

Good leaders and managers set goals for their teams and create an accountability structure to manage and measure results. Exceptional leaders take that idea one step further by allowing the team to set its own goals, which will allow them to take more ownership and accountability toward their accomplishment.

A team-driven goal-setting process can work as follows:

Conduct a team planning meeting where you focus on two objectives:

  • Ensure the team understands the organizational vision and strategic goals or initiatives. If your organization does not have a vision and a set of strategic goals or initiatives, create them before moving forward.

  • Ask your team to work together over the next week to identify four to eight key metrics that will drive the team toward the accomplishment of the organizational goals (i.e., number of sales meetings, number of new clients, number of referrals, customer retention rate, etc.). For each metric, they should also work together to set team and/or individual goals.

Conduct a follow-up team planning meeting to review the metrics and goals your team has developed. Push back if you are uncomfortable with either the metrics or the specific goals. Make sure your team is aggressive, but not unrealistic. Just because your team is setting its own goals does not mean you should not provide strong guidance when necessary.

 4. Be vulnerable.

It’s okay for managers to say, “I made a mistake” or “I’m not very good at that.” Being vulnerable with your team members will dramatically increase their level of trust in you. They will also feel more comfortable sharing their vulnerabilities with you. Productive communications within your team will skyrocket.

5. Encourage arguments.

Does your team get along well? Do they always seem to agree with each other? Do you have trouble remembering your last major team conflict? This may seem strange, but if you answered “yes” to these questions, then you have problems. A team needs conflict to evolve. Think of this as Darwin’s theory of evolution for business. If good ideas do not crush bad ideas, and great ideas do not crush good ideas, a business and its employees will grow stagnant and die.

The formula for success is really very simple: Hire a great team; then give them the tools and the trust they need to do a great job.

Do You Have a Passionate Organization

Quiz: Do You Have a Passionate Organization?

Take the Performance Breakthrough quiz to find out if your organization is passionate. You’ll learn not only how engaged your workforce is, but what you can do to solve passion problems and maintain a high level of engagement.

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Performance Breakthrough Book

Performance Breakthrough

I’ve made a career out of unleashing the untapped potential of workforces at organizations of all sizes. An unengaged workforce costs organizations more than just money: it costs opportunity and can halt growth. If you’re a manager at an organization, it’s easy to recognize an unengaged workforce, but it can seem impossible to reengage them! I’ve written down my secrets for keeping a workforce engaged (or reengaging them!) in the newly released 2nd edition to Performance Breakthrough: The Four Secrets of Passionate Organizations.  I’m pleased to share an excerpt from the book with you here. Continue reading “Performance Breakthrough”

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Highpoint Publishes Performance Breakthrough: The Four Secrets of Passionate Organizations, 2nd Edition

(New York, June 1, 2015) The Gallup Organization has found that only 29 percent of employees are truly engaged in the work they do. That’s like an engine running at less than one third of its power. Now imagine a company where eight out of ten people are truly engaged. What would this mean to productivity, morale, retention, and ability to recruit top talent? The proven path to that transformation is revealed in Performance Breakthrough: The Four Secrets of Passionate Organizations, 2nd Edition (Highpoint Executive Publishing; hardcover, $24.99, 978- 0-9861585-2-0; e-book, $9.99, 978-0-9861585-0-6).

Revised and enhanced from the popular first edition by nationally recognized speaker and consultant, Mike Goldman, Performance Breakthrough 2nd Edition reveals the four secrets for creating a more passionate, productive, and profitable organization. “I’ve worked with dozens of companies over the last twenty-five years, and from large organizations such as Disney, Levi Strauss, and Polo Ralph Lauren to the local accounting firm, hotel, or plumber—the largest opportunity for improvement was helping people better realize their potential,” says Goldman. “New strategies, processes, and systems are certainly important, but people will trump them every time.”

Performance Breakthrough’s message is communicated in the form of a fictional story to help make its concepts real and easily understood, augmented by new case studies, summaries, checklists, and other tools that will help an organization of any size create positive energy, find passion, and achieve its own Performance Breakthrough.

As Verne Harnish, CEO, Gazelles, and author of Scaling Up (Rockefeller Habits 2.0) states in the book’s foreword, “Performance Breakthrough provides a framework to drive enthusiasm and engagement throughout your organization. This framework is based on simple, actionable, and inexpensive ideas, not high-level concepts. The story, case studies, and tools you’re about to learn will both motivate you to inject more passion into your organization, and provide you with specific steps to make it happen.”