Managing-Leading Edge Index

“The Managing-Leading Edge” was originally a series of newsletters produced by Lawrimore Inc. President Buck Lawrimore around the early 2000’s. Most of this information is indeed “leading edge” and just as relevant today as it was then. So enjoy your reading and get a quick shot of some of the best business books written in recent years!

1. What the World’s Greatest Managers Do – Results of a worldwide expert study.

MLEdge-index2. How to Discover Your Strengths as a Leader

3. How to Close Your Firm’s “Knowing-Doing Gap”

4. Top 5 Success Factors of All Time; No. 1 – Strategic Focus

5. Top 5 Success Factor No. 2 – Managing People

6. Top 5 Success Factor No. 3 – Customer Relations

7. Top 5 Success Factor No. 4 – Operations, or What You Do All DayRead More

What The World’s Best Managers Do Differently

FirstBreakAllTheRulesWhat do the world’s greatest managers do differently? That question was
recently asked by the Gallup Organization through in-depth interviews of
over 80,000 managers in over 400 companies. This is the largest study of
its kind ever undertaken, and the result is one of the top-selling books in
the nation right now: First, Break All The Rules: What the World’s
Greatest Managers Do Differently by Marcus Buckingham & Curt Coffman
(Simon & Schuster, 1999).

The authors identified 12 questions which absolutely nail the practices of
best managers. See if you think people working for you would answer “yes”
to them:
“1. Do I know what is expected of me at work?”
“2. Do I have the materials and equipment I need to do my work right?”
“3. At work, do I have the opportunity to do what I do best every day?”
“4. In the last seven days, have I received recognition or praise for
good work?”Read More

Effective Marketing Strategy 2 – Analyze Your Strengths

How To Analyze the Organization’s Strengths and Limitations

company strengths     a. Determine Your Strengths

In Part 1, we stated that building on your strengths is key to effective marketing strategy. What are your strengths? From a marketing strategy perspective, your strengths have several dimensions:

(1) Your natural, genetic strengths. Each of us was born with a certain personality type and certain talents or gifts. The Myers-Briggs Type Indicator is the most widely used personality profiling assessment tool in the world and one we recommend highly to help you and all your employees or team members understand their natural strengths and preferences. You and your people may also have natural talents for selling, research, planning, writing, designing, strategy or other dimensions of marketing and business just as surely as some people have natural talent for playing the piano or throwing footballs. You know you have a talent because it is something you do better than most other people, naturally. That is something you can build on for competitive advantage, especially if it is relevant. (A musical talent might not be relevant if your product is battery chargers.)

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The Importance of Capacity Development In Business-Organization Success

capacity development in strategic planning

Capacity development is often essential to enhance an organization’s capabilities to implement a strategic plan or other major business initiatives. Successful implementation depends on its capacity to do more without a big increase in people or expenses.  This is a factor often overlooked by business and nonprofit leadership as they plan for the future.

Recently, thanks to some consulting we conducted for a local organization and to some relevant insights from James Clear, it also became “clear” to us that developing more capacity depends on process improvement, and process improvement depends on changing habits. This is a big deal and important to understand.

How are you going to get your people to do more without spending more in the coming year and beyond?  You have to motivate them, guide them and reward them for doing things they are not doing now! If they do the same things they’ve done before (and existing habits are going to make that likely) then you are going to get the same results you’ve gotten before. So how do you get around this?

Capacity Development, Quality and Process Management

Very few small to mid-size businesses or nonprofit organizations have invested in process improvement. This has been very important in manufacturing for decades, strongly supported first by Total Quality Management (TQM) and more recently by ISO 9000 certification. The basic idea is, observe and write down what you do, then make sure you do it consistently, measure the outcomes and improve. This facilitates manufacturing of quality products and continuous improvement.

While consulting with a wealth management firm, we learned of the owner’s frustrations with his staff not doing what he wanted them to do, especially when he was out of town. Rather than trying to write down all the steps expected in each process (wealth management is pretty complicated) we turned to Business Process Management (BPM), a relatively new evolution in the quality-improvement field, and one that is made easier to understand and use because of a wide range of software programs (some free) that enable users to draw BPM diagrams online, share them with one another, and continuously improve.

Turning Processes Into New Habits for Capacity Development

But how do we turn that neat flowchart on the screen into daily behavioral change and improved performance? Aye, there’s the rub. We have a saying, “The hardest thing in the world to change is the behavior or adults.” This is because we all have deeply ingrained habits that shape how we work and think every day. Many habits become unconscious over time – it’s just what we do. Most people run on autopilot most of the time, not making conscious choices in light of all the options, but instead following habits. In fact if it were not for our unconscious control, we would be so busy thinking about breathing, looking and moving a whole bunch of muscles that we could not drive a car or eat a meal or take a shower or many of the other things we do every day.

In a free e-book which James Clear offers on his website, “Transform Your Habits: Learn How Psychology Makes It Easier For You To Live Healthy and Actually Stick to Your Goals,” he talks about the three dimensions of habit-based behavior:

  1. Reminder (the trigger that initiates the behavior)
  2. Routine (the behavior itself; the action you take)
  3. Reward (the benefit you gain from doing the behavior)

He gives as an example a ringing telephone (reminder), which you pick up (routine) and find out who’s calling (reward – unless it is a telemarketer of course, but that’s another story 🙂

He recommends forming new habits by using a current habit as a reminder for your new one. There’s much more interesting detail in his e-book, but the point is, how many companies or nonprofits seek to implement a strategic plan by engaging in Business Process Management and new habit formation? Darn few.

The Military Does It. Winning Sports Teams Do It.

You think about the military, and how it trains recruits to follow established processes by doing it over and over until new habits are formed. Successful sports teams also know to practice, practice, practice to get good at the fundamentals and master the playbook and win more games.

But in today’s laissez faire culture, it’s more common to give someone a job, give them minimal or no training, and cut them loose. Once they’ve been doing the work their way for a while, showing them a process flow chart or a thick strategic plan is not likely to make a dent in their daily behavior without massive rewards, which are often missing as well.

Forming new habits also follows the psychology-based business aphorism, “What gets rewarded gets repeated.” There needs to be some kind of reward for new habits to stick, even if it is the person congratulating themselves, or group recognition – giving bonuses is not necessary or even as effective as recognition for most people.

Measurement Helps Strengthen New Habits

This in turn leads to the importance of measurement. Behaviors which can be measured, and ideally tracked online, make successful performance more self-rewarding. Good strategic plans have goals which are measurable, so that as people work toward those goals, they can measure progress, and the organization as a whole can track how well it is doing.

It seems that this is where the evolution of business is headed in the 21st Century: Using computers and apps to create flowchart diagrams of desired business processes, then using some kind of web-based measurement to track progress toward key goals. All of this can lead to increased capacity development for your organization.

What are your thoughts? Do you think this can work in your organization, or do you have better ideas? Leave your comments below. And may your capacity develop ever stronger!

How To Develop An Effective Marketing Strategy 1- Determine Your Purposes

This is the first in a series of posts about: How To Develop An Effective Marketing Strategy. Step 1 isMarketing-Strategy-Small-Business: Determine Your Purposes

“Begin with the end in mind” is a well-known saying in business popularized by Stephen Covey in his famous 7 Habits of Highly Effective People. Many other consultants and authors have pointed out the great importance of having a clear purpose. Human beings are naturally goal oriented, and without stated purposes the people in any organization can pursue their own personal interests – whatever feels right to them, thus dispersing the resources of the company and not accomplishing very much as a team.

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Strategic Planning In The 21st Century – What Works Now

strategic planningStrategic planning evolved in the second half of the 20th Century, after World War II, as a way to apply methods that worked effectively in warfare to peacetime situations, especially in industry. Today the world is so different and fast-changing, old-style strategic planning can be a self-defeating waste of time, money and resources, yet certain fundamentals are still valuable. It is important to understand what works now in order to make good management and leadership decisions in the 21st Century.

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Emails Not Getting Through? New DMARC Rules May Be The Reason

dmarc-graphicDMARC is a new standard for “Domain-based Message Authentication, Reporting & Conformance” (more at http://www.dmarc.org). Basically it means that if you or your website or your software send an email where the “from” field is not the same as the domain actually sending the website, then AOL, Gmail, Yahoo, Hotmail and others are likely to consider it spam and bounce it back.

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Create Your Own Branded Blog-Website To Promote Yourself Online

Internet-web-design
More and more people come to us at Lawrimore Inc. wanting to establish an identity separate from their company website, or to stick their toe in the entrepreneurial waters without taking a lot of risk. This is important especially for people who work for big companies or want to offer consulting services.

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