7 Killer Growth strategies

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7 Killer LEADERSHIP GROWTH STRATEGIES Wednesday, 25 May 2011

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Actions leaders can take to promote growth in their business

Transcript of 7 Killer Growth strategies

Page 1: 7 Killer Growth strategies

7 KillerLEADERSHIP GROWTH STRATEGIES

Wednesday, 25 May 2011

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Let your vision define the futureDon’t allow the constraints of today to limit your vision. Building a GROWTH plan from the ground up can be a daunting proposition. You can get some quick traction and take a step towards creating a compelling vision by starting with the end in mind.

Ask yourself what you do want your legacy to be? i.e. When you realise your vision what do want to leave behind in terms of teams, revenues, sustainability, talent , and stakeholder value?

Step 1

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Step 2Reset the boundariesPeople want to be free to make decisions and contribute significantly to the organisations they work within. Often their lack contribution comes from a feeling that no one cares.

Rebuild your teams connection to the organisation and your vision by engaging them in sessions that redefine and validate their core values. Ask them for their ideas and give them the freedom to try them out. Growth comes through a process of engaging people and allowing them to see their ideas at work.

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Step 3Master Choreography All senior leaders leave lasting images some are good and some not so good.

Consider how you are going to enter and exit your next meeting. Who do you need to greet? Who do you want to thank? What do you want to leave behind?

People look to leaders for consistency and credibility, it is your responsibility to ensure that is what your give them.

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Warrior SpiritUrgency is important. Business is moving too fast these days for us to allow our teams to be pedestrian. A recent survey showed that only 8% of people felt their boss was inspirational. Don’t allow yourself to be one of these managers.

Help your team see that the market is really competitive and that the work they are engaged in is a competitive event. Challenge them and challenge yourself to talk about what they are winning everyday.

Step 4

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Step 5Brake down silos and build teamsIndividuals often try to solve problems on their own. Sometimes they believe it’s their responsibility; or they believe everyone else is too busy; or they just can’t see how to get others involved.

Teams have to learn how to successfully work together. This is not a naturally occuring phenomena. Look for opportunities that require a team to generate a new solution. Then work on the team, not in the team. Show them how to succeed by using team problem solving techniques.

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Step 6Become obsessed with feedbackPeople fear feedback because it often causes managers to focus on what went wrong rather than what went right.

Look at your vision and ask; What feedback will tell yout team they are on the right path? What feedback will make your offering stronger? Then consider how to present that feedback so that your team develops a hunger for feedback instead of a fear of it. When it’s a successs congratulate the team. When its a failure, ask them what they have learned.

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Have a 12 week plan Growth will come quickly when you lead your team to engage in your project. A short plan will help maintain urgency and keep people engaged in the story.

It is a timeframe everyone can relate to. It offers multiple opportunities to celebrate success, reinforce the team and recognise individuals for their outstanding contributions.

Step 7

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Management controls

Leadership promotes GROWTH We have a proven track record of helping managers use leadership techniques to generate projects that deliver value to their organisations.

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Wednesday, 25 May 2011