Hope Vs Training

TrainingLeadsToSuccess

[Originally published on Linked-In by Learning4Managers] Year after year line employees are promoted to supervisory and management positions due to their exemplary work. Kudos to all of them. But what is it they get when these people are promoted?

The promotion comes with a bundle of new responsibilities, high expectations, and pressure. To meet performance expectations on these new responsibilities, newly promoted managers are expected to instantly become leaders, coaches, and performance experts.

Here is what the promotion does not always include: a plan. Don’t get us wrong. Top management has plans and expectations for newly promoted employees. What is missing is a plan for the new manager to transition into the supervisory or management position to learn and practice the new skills required.

Let’s take a look at a few basic managerial tasks: interviewing candidates for a job, managing conflict between employees, and deal with employees who are not performing up to expectations. Are newly promoted managers expected to handle these issues effectively and efficiently? Yes.

Here is the problem. Are the tasks mentioned earlier the kind of duties they were expected to handle before the promotion? In most cases, the answer is no. So how are they supposed to know how to handle these new duties and meet expectations? How did you learn to deal with these issues? Take our survey on our site and let us know.

From the responses in surveys conducted in previous years we learned that 42% of managers taught themselves how to conduct interviews, as opposed to being taught on the job or via formal training. 37% taught themselves how to manage conflict and 31% taught themselves how to manage low performing team members.

In other words, around 1/3 of new managers or more figure things out on their own hoping that what they figure out is the right thing to do. Hoping is not planning and as the old adage says, if we fail to plan, we plan to fail. These conditions ought to be simply unacceptable to us.

Training is not the answer to all problems and we know that. However, it is an important step that paves the way to better performance, innovation, and overall to better business results. We encourage you to go back to your management and supervisor teams and survey them to see what they know and how they acquired this information. Offer training on key management topics to those who need it.

Next, take a look at your promotion practices and incorporate an onboarding program for newly promoted managers and supervisors. Finally, teach them to become Viral Leaders. As such, they will begin to plant the seeds of leadership in their respective teams, which will help prepare your next generation of promotion-worthy leaders. If you need assistance with any of these steps, Contact Us Today! 

Why Your Best Employees Are NOT Your Most Important Asset

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If you are trying to get maximum productivity from your employees, then it is time you rethink treating them like they are your most valuable asset. To understand why, let’s explore the “most valuable asset” concept. Companies have depended on business models that treat people as one more asset in the organization. Workers are expected to show up on time and perform their tasks within expected parameters, in the same way machines and equipment are expected to work within specified standards.

As a result of this dominant view of the workplace, a saying emerged: Employees are a company’s most important asset. While the statement was meant to show the value of reliable employees, it strips employees of their real value. In fact, the thought unintentionally dehumanizes the person and turns the employee into nothing more than one more company asset.

This model does not fit with today’s employees’ expectations of the workplace. Are employees seeking to become just one more cog in the big corporate machine? Are they perceived as replaceable parts in the system? Do they feel treated as assets instead of people?

Today’s workers have a much bigger focus on work-life balance and social needs, forcing companies to re-think how they treat what we at Learning4Managers call the old concept of the people-asset or the person-asset.

Employees can no longer be treated as an asset but rather need to be viewed again as people with complex real life issues. These issues may include disruptive and bully behaviors, but they can also be about needs like having a sick spouse at home who needs attention, having childcare problems, or having to deal with problems with the facility caring for an elderly parent. 

To think that human beings can compartmentalize and keep their personal lives completely separate from their work lives is naïve. Let’s imagine we have an employee suffering of stress at home due to a health situation in the family. Stress causes hormonal changes to occur which can have an impact on the body for days. An employee cannot control hormonal changes caused by stress any more than they can control the direction of wind currents on Jupiter. How can we ask this employee to compartmentalize and stop feeling the stress during work hours?

The point is that people are far more than just an asset. If we expect them to be engaged and give their utmost for the company, companies need to understand that they need to see people first as individual human beings. Once they address the needs of the individual. Only then will companies be able to truly engage employees and as a reward, employees will freely give their best to the company.

A Toxic Lie Being Spread At Your Company: To Be a Manager is Bad – To Be a Leader is Good

VL_Facts_mythsRecently I noticed a post saying similar to this: “Managers make themselves feel important and leaders make people feel important.” There are many messages similar to this one floating around all over social media. Do you agree? It is tempting to want to believe it at face value. However, when you give it some thought, you may realize this is not only a lie, it is toxic and dangerous thinking.

In my book Viral Leadership, I make it a point to call out and confront these misleading and toxic messages. I say these messages are misleading because they are comparing bad managerial behaviors and attitudes with the behaviors of great leaders – not exactly an apples-to-apples comparison.

The fact is that there are great managers and there are horrible managers, just as there are great leaders and bad ones too. After all, Hitler was a leader. So was Osama Bin Laden. Should we start bashing the concept of leadership based on their example? If we are going to make comparisons, let’s at least be fair about it.

But before we even start making comparisons, let’s be clear about one thing. Management and leadership are two sides of the same coin. To be a great leader, you must also be a great manager. What good is a leader that does not respect a budget or deadlines? On the other side of the coin, we observe that to be a great manager you must also show great leadership skills. Managers who can’t inspire their teams won’t get far.

So why do we feel the need to give the word “manager” a bad reputation? To make ourselves feel good when we say we rather be leaders? Imagine the damage this message causes to the image of thousands of great managers who are out there doing a fantastic job with their teams.

For this reason, I say this ridiculous comparison between the concepts of management and leadership is toxic and needs to stop. Instead, give your good managers and leaders the respect they deserve, and build up the skills of those who need improvement. And most importantly, teach them to be viral. Teach them to pass on these great skills to the rest of their teams, and build up a viral chain of performance improvement.

I also encourage you to share your stories of managers and leaders, good or bad, who may have left an impression on you and shaped you into the professional you are today. Enter your story and you’ll earn a chance to win a Free Webinar (up to 50 participants) for your team. To enter, FOLLOW THIS LINK.

Viral Leadership Book Available Now

Viral Leadership and companion resources by Learning4Managers are available now.

Follow This Link

Are Your Rewards Hurting Performance? Which carrot works best?

A study at the University of Alberta in 2001 by Judy Cameron, Katherine Banko, and W. David Pierce reviewed hundreds of experimental studies that identified how some rewards often decreased intrinsic motivation. The reason, they say, lies primarily on how the rewards are structured.

Destructive Rewards: When a tangible reward is announced beforehand, such as a bonus or a prize, but the reward is only loosely tied to performance, the reward may actually decrease intrinsic motivation in people who were originally highly interested in the task.

Partially useless rewards: In the study, when a reward was linked to performance, intrinsic motivation did not decrease, but it didn’t necessarily increase either.

Relatively beneficial rewards: The best results in the study were found when offering verbal rewards for activities that people are free to choose to do (not required) and which they find interesting. For example, you may offer recognition to individuals who complete a set of training courses that isn’t mandatory but that can enhance their skills or knowledge of products or services.

In our experience, performance is often a product of motivation. As we see from the research, motivation is highly dependent on soft skills and leadership. Are you using the right carrot?

References:

Cameron J., et al. (2001). Pervasive Negative Effects of Rewards on Intrinsic Motivation: The Myth Continues. The Behavior Analyst.  Number 1 – Spring. Retrieved from http://www.ncbi.nlm.nih.gov/pmc/articles/PMC2731358/pdf/behavan00009-0003.pdf

 

ThinkBite 1

We are starting a new type of posts called ThinkBites where we will share quick nuggets of wisdom we have learned from our work with thousands of professionals and participants. We hope you find them inspirational and useful. Todays ThinkBite is:

“Success doesn’t happen to those who do nothing to achieve it.” _Jorge Acuna

Are you Considering Business Ownership?

Is it better to start my own business or work for somebody else?

This is truly a personal question. Each individual will have their own goals in life and their own definition of success. Each person should take a close look at themselves and determine how they define success in their life.

Aim Beyond Network provides FREE TRAINING and consultations to help you decide about owning a business and  register (at no cost). But in case you are still not sure, take a look at some data and statistics that might point you in the right direction.

You may feel comfortable working for someone else, and you may have been raised to believe that loyalty to your employer is a must. We believe that there are good employers out there who treat their employees well. We also believe that anyone has the opportunity to reach their personal and professional goals either through employment or through building their own business. The question here is what format is best for you? And to answer that you need to know the facts and clarify some of the myths.

Myth #1: Very few people want to start a business.

If you are wondering if you should start a business, you are certainly not alone. The University of Phoenix released the results of online survey (1) of more than 1,600 U.S. employed adults. The results show how many workers hope to own a business in the future by age group:

  • 55% of workers in their 20s
  • 48% of workers in their 30s
  • 36 % of workers in their 40s
  • 39% of workers in their 50s
  • 26% of workers age 60 or older

Myth #2 Employment provides the best tax benefits.

So what if you find yourself among the percentage of people who are content or even happy as an employee? Robert Kiyosaki (2), a well-known speaker and author offers some insight as to why this may not be as advantageous as you might think.

He explains his observations using the Cashflow Quadrant described in his site at

http://www.richdad.com/Resources/Rich-Dad-Financial-Education-Blog/June-2011/Rich-Dad-Fundamentals–CASHFLOW-Quadrant.aspx

“The CASHFLOW Quadrant is divided into four types of people.

  • E is for Employee
  • S is for Self-Employed or Specialist
  • B is for Big Business
  • I is for Investor

On the left side of the quadrant are Es and Ss. They pay the most in taxes and trade their time for money.
On the right side of the quadrant are Bs and Is. They pay the least in taxes and create or invest in assets that produce cash flow for them even when they’re sleeping.”

Kiyosaki explains that employees work and time is highly taxed, and employees receive less benefits than those who choose to build a business.

Myth #3 Employment is more secure than owning a business.

Employment gives the person a false sense of security. But fact of the matter is that there is little security no matter what your job is. In the companies eyes, everyone is expendable and can be replaced regardless of how important you think you may be to them. And in today’s global economy, where companies merge or get acquired, anyone’s job may be eliminated leaving employees without recourse.

Another aspect to consider is that employees are often given a false sense of loyalty. For example, most companies will require the employee to give a two week notice before leaving their employment. However, if the company decides to let an employee go for any reason, employers hardly ever give advance notice.

Myth #4 Employment is fair and pays me what I am worth.

Employment gives people a false sense of fairness. When you work for a company, you may have a coworker next to you doing the exact same thing for the same or more pay than you, whether you work just as hard or harder than that person. Many employees across the world get paid regardless of their performance. When you build your own business, if you build the right kind of business, you earn what you work for and get rewarded for what you develop for yourself.

Once again, you should take a close look at what your goals are, and who you should be most loyal to: your own goals or a company’s. If you come to the conclusion that you should at least explore starting your own business, you are not alone. Groups like Aim Beyond Network can help you determine what your options are. Contact Aim Beyond to get started with a free consultation.

References:

  1. http://www.businesswire.com/news/home/20130725005487/en/Working-Adults-Business-Entrepreneurial-Ambitions-8-10
  2. http://www.richdad.com/Resources/Rich-Dad-Financial-Education-Blog/June-2011/Rich-Dad-Fundamentals–CASHFLOW-Quadrant.aspx

Ethics First and Always

According to a five-year research project by Doremus and Financial Times that started in 2003, when two suppliers offer the same product/service or similar quality and a similar price, executives in the USA will rank High Ethical Standards as their top priority when selecting a supplier.

In fact, 86% of senior executives in North America and about 64% in Europe would stop a sale if they perceive a lack of ethical standards on the side of the supplier. This indicates that having and implementing strong ethical standards can be a significant competitive advantage in tough economic times.

As an example, take a look at this statement by one of our customers, Xerox. On their Supplier Relations page you’ll find the statement “We assess the quality, cost, delivery and sustainability of the supplier’s products and services and ensure their business is run with high ethical standards and in alignment with social responsibility principles.“

But what are these ethical standards? Xerox requires suppliers to abide by a Code of Business Conduct that provides standards in five critical areas of corporate social responsibility: labor, health and safety, environment, management systems and ethics.

Xerox has adopted the Electronic Industry Citizenship Coalition (EICC) Code of Conduct for corporate social responsibility as its code of conduct for suppliers. To learn about EICC standards, you can visit their site here: http://goo.gl/y4KNc5. Another example of supplier expectations by another customer of ours, GE Healthcare, can be found here: http://goo.gl/TuAAVl.

Class, Education and Income in the USA

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Entrepreneurship Survey 2015

6 out of 10 people would like to be their own boss and have their own business but they struggle knowing how to get started.
We want to hear from you and your interest and challenges becoming an entrepreneur. Select the link to open the survey.

OPEN THE SURVEY

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