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Name of author Rick Baker, P.Eng.

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Thought Tweet #555

by Rick Baker
On Aug 31, 2012

Thought Tweet #555 Do you ask yourself what you want to be: a business owner?, an entrepreneur?, or a business leader?

 

The Thinking Behind The Tweet

What's the difference?

A business owner owns a business and works really hard to make sure everyone gets paid.

An entrepreneur owns a business and invents stuff or ideas and works really hard to make sure everyone gets paid.

A business leader guides, teaches, mentors, & coaches followers...and knows the difference between those 4 things.

Thought Tweet #542

by Rick Baker
On Aug 14, 2012

Thought Tweet #542 Who, in our community, is responsible for improving our manufacturing sector?

 

The Thinking Behind The Tweet

  1. link to recent post about manufacturing contracts
  2. Government - Federal?, Provincial?, Municipal? 
    Community - Prosperity Organizations?, Chambers of Commerce? 
    Industry - Trade Associations? 
    Industry - the various manufacturing sectors? 
    Individual manufacturing companies?

Tags:

Leaders' Thoughts | Questions?: The Art of Asking Good Questions | Thought Tweets

The Force of Personality

by Rick Baker
On Jun 21, 2012

It seems to me personality is one of the most underestimated forces. Also, the impact of flawed personality is equally misunderstood or overlooked or underestimated.

Certainly, the make-up of a magnetic personality is subjective...as is the make-up of a flawed personality. Yet, with a little observation or a check of gut feel we know when we are in the presence of magnetic personalities and flawed personalities. 

Most people judge others and they judge others quickly. We judge others unconsciously or consciously and often we judge others both ways.

Despite our ability to quickly judge others, most of the time we underestimate the impact of personalities, both good ones and not-so-good ones. We must underestimate personalities. If that was not the case then we would take more constructive action to improve our personalities and help other people improve theirs. 

How would we do that?

Tags:

Personalities @ Work | Questions?: The Art of Asking Good Questions

Thought Tweet #493

by Rick Baker
On Jun 6, 2012

Thought tweet #493 The mind feeds and grows...depending on the calibre of its dominating questions.

The Thinking Behind The Tweet

We see that in children...they approach life as if it is a question free-for-all. They must do that or they learn little. Curiosity is one childlike habit we should not give up.

Geordie Raine visits our Centre For Family Business [CFFB]

by Rick Baker
On May 23, 2012

Geordie Raine serves as Montana Consulting Group's Director, Corporate Learning.

He traveled from Montreal to speak at CFFB's breakfast event on April 27th.

Geordie described his company's Turnaround Interview® process, that is, a process for helping employees correct inappropriate behaviour. His  presentation was 'hands-on'; Geordie interacted with the audience with 'role playing' and he got into details. 

Turnaround Interview® has underlying assumptions. When we want to correct employee behaviour:

  • we need to talk about the little things [and catalogue precise and accurate details about what, where, how, who, etc]
  • we have good people, however, they do things we do not want; good people change the deal on you
  • we need to understand people are predictable [we should expect defensiveness, denial, trivializing, etc]
  • we need to reserve discipline for when we really need it [ie, like Spirited Leader's Master Rules concept]
Our members received copies of the Quick Reference Guide to the Turnaround Interview® . [It is an excellent little book]
 
The Turnaround Interview® process has 5 Steps:
  1. Key Question: I think we agree that this has happened X times in Y weeks. Right?
  2. Key Question: Do you agree this shouldn't go on forever?
  3. Key Question: What could you do to eliminate/control this behavior?
  4. Key Question: What does it make sense to do now?
  5. Close: the employee makes a promise to change the behavior/habit
What a terrific example of the art of asking good questions.
 
Here's one of the many pieces of good of advice Geordie shared with us:
 
"In order for change to work it has got to come from within."
 
I have talked to a number of our members...every one of them felt Geordie's presentation was one of the most valuable presentations of the year.
 
Well done, Geordie!

 

Written Goals = More Success...Yes? or No?

by Rick Baker
On May 10, 2012

For many years, self-help and business gurus have cited a Harvard Business School study summarized as follows:

In the 1950's, Harvard interviewed students in the graduating class of its business program. They found 3% had written goals while 97% did not. Harvard followed up about 20 years later to measure the financial success of these students. Harvard found the 3% of students who had written goals were earning as much as the other 97% combined.

Many authors of self-help books and business-help books have cited this study. Sometimes the dates change. Sometimes it is Yale and not Harvard. Always, it's 3% written goals = 97% without written goals.

But...here's an eye opener. 

The fact is, there has been no such study...it is like an urban myth1.

So, with that huge-justification-for-having-written-goals myth busted...

Can we link written goals to greater success?

The simple answer is Yes.

Written goals help people achieve greater success.

We know this from everyday life:

  • we know it when we read a STOP sign
  • we know it when we make a grocery list
  • we know it when we mark a friend's birthday on our calendar
  • we know it when we make a reservation at a restaurant

When it comes to business and job success, we should have no doubt about it:

WRITTEN GOALS HELP PEOPLE ACHIEVE GREATER SUCCESS.

In business, we do not need astonishing 'facts' like 3% delivers 97%. We already have the 80/20 Rule. People can buy into the 80-20 Rule because we can illustrate it to them by digging into the facts of their roles and their businesses. When we make hyperbolic claims, like 3%=97%, people intuitively know we are talking about getting them in over their heads.

We need to be realistic when we talk about Goal setting

For business and job success the Top 2 questions leaders and planners need to ask are:

  1. What Goal Culture do we want? [What form will our written goals take? How much detail do we want in those written goals?, etc]
  2. How do we create and communicate that Goal Culture? [so people buy-in and people feel good about doing the Actions we desire]
 

Footnote:

  1. We know this because my friend, Lois Raats, and I are working on a 'time management' presentation. As part of our preparation work, Lois researched this topic and discovered the frequently-quoted Harvard study never happened.
  2. If you want to learn more about what people have written and placed in their websites about 'The Harvard Study visit Google and search "Harvard 3% success".

Tags:

80/20 Rule | Goals - SMARTACRE Goals | Questions?: The Art of Asking Good Questions

Copyright © 2012. W.F.C (Rick) Baker. All Rights Reserved.