executive mentoring

Building a company culture that is engaging for people to join and work with is not a simple task. Ping pong tables, meditation rooms, free lunches, open work spaces, and open budgets for professional development are nice and have varying degrees of effectiveness, but for this post, the focus is on corporate mentor programs.

Corporate mentor programs are created to connect people on teams together for deeper relationships. When implemented properly, the results can lead to greater employee engagement, productivity, retention, and sense of pride in working for your company.

When not implemented properly, this can lead to people feeling like the mentor relationships are forced, the mentor relationships are taking time away from their typical work, and/or the mentor relationships are giving too much power the more senior participant.

There are 3 types of corporate mentor programs that have great intentions but unfortunately, more often than not, end up with results that are consistent with improperly implemented mentor programs.

Open Door Policy Mentorship starts with companies that enact an open door policy to encourage employees to meet with each other. The goal is that when an employee would like guidance from another employee, she can feel comfortable going into the office of that other employee and ask for advice.

The reality is that most people don’t take advantage of this Open Door Policy Mentorship. Does this mean that the team isn’t interested in mentoring relationships? Possibly, but probably not (Current research indicates that employees are interested in mentoring relationships. If you are interested in finding out for yourself, you should ask your employees in a survey if they are interested).

So why don’t employees take advantage of this? Because most people don’t feel comfortable opening the door. Whether that be not knowing exactly what to talk about, fearing that what you have to ask isn’t relevant to what that person is working on right now or that you might be interrupting her day, or not feeling like the person would have a good answer for you even if you asked the question.

Ultimately, this type of mentor program becomes lip service for HR to say to prospective candidates to try and lure them to their company through the guise of a culture that cares about your development.

This type of mentorship starts with the goal of spreading the culture of the company when it was small and only the Executive Team to the employees as the team has grown.

There are 3 issues with this type of mentorship. 

First, the Executive Team doesn’t have the time to mentor every employee. This leads to:

Second, not everyone gets to participate. Trimming down the list of who gets selected to participate in this mentor program is typically accomplished through some form of application process. This leads to:

Third, the Executive Team member participant getting way too much control over the relationship. Mentorship should be mutual, where both participants come with insights to share and receive. When one participant has too much dominance over the relationship, they will typically come to mentor meetings unprepared expecting the other person to drive the agenda of the entire meeting. This leads to one-sided relationships where one person feels like they are only giving and not receiving anything (and can justify showing up unprepared because of their status in the company) and the other person doesn’t know what to ask because they don’t feel like they are contributing anything.

Informal Mentorship is similar to Open Door Policy Mentorship but this is even less structured. At least in Open Door Policy Mentorship, there is a formal policy in place. Informal Mentorship is a term typically used by people in HR that have observed that some people in the office have more than the typical “How was your weekend?” or “How’s your day going?” conversations and assume that both people are having deep, connected conversations in which both people are learning and growing from the relationship.

None of the results from Informal Mentorship can be confirmed because there is no structure to establishing who is in these relationships and how these relationships have effected anyone’s engagement level in the company. 

In conclusion, mentorship can be an extremely effective tool for engaging employees, growing company culture, and increasing productivity if done properly. But, if done improperly, it can lead to the opposite result. 

If you are interested in learning more about research on mentor relationships for companies, check out ambition-in-motion.com/companies.

Steph Curry has mentors that help him with his shot. Can you believe that? The best basketball shooter on the planet has mentors to help him shoot better!? You would think he should be mentoring other people, right? 

Steph has coaches too. And he plays on a team, meets with other players from around the NBA to discuss basketball and life. But he also has mentors.

If you are an executive reading this article, compare yourself, as a leader in your company, to Steph Curry leading his team.

You may have a coach. And you may have an executive team that advises you on company matters, and you may participate in an executive advisory group. But do you have mentors?

This is not meant to offend, but chances are that you aren’t as good of an executive as Steph Curry is a shooter. And even if you were, you should be taking every advantage you can if you want to be the best at your game. So if 2-time MVP, 3-time NBA champion, 6-time All-NBA team Steph Curry thinks he needs a mentor to achieve greatness, then you could probably use one too. 

So, what is a mentor?

A standard definition would say a mentor is simply an experienced and trusted advisor.

But there is clearly more to mentorship than that.

Does being experienced mean they must be older than you?

Does trusted mean that you have worked with them for many years?

Our research indicates that those assumptions about “experienced” and “trusted” are incorrect.

The best mentoring relationships are horizontal. Horizontal mentorships are mentoring relationships where two people are open to learning from each other and being constantly curious, giving their insight to the relationship, and approaching the personal/professional relationship as equals. In this mentorship paradigm, experience and trust are measured in more than just “years”. 

Great horizontal mentorship is built on a mutual perspective on the relationship between work and life. We call this work orientation. Some people view their work as a job (meaning their focus is on work/life balance), career (meaning their focus is on professional growth) or calling (meaning their focus is on personal/professional mission alignment). There is not a right or wrong work orientation and it is fluid, meaning it can change throughout your life.

Work orientation is an important factor in building great mentor relationships. When potential mentors are matched strictly on age, years of experience, status, or area of expertise, the likelihood that the relationship will last for 6 months and be considered productive and quality is 18%. These factors simply aren’t enough.

What if, instead of using superficial features, we matched people based on a deeper connection? When mentors are matched with aligning Work Orientations, the likelihood that the relationship will last for 6 months and be considered productive and quality jumps to 72%.

These relationships become even more successful when work orientation is combined with horizontal mentorship, particularly for company leaders and executives. Horizontal mentorship between executives is a powerful tool for improving yourself and your company. You can relate to similar decisions faced and strategies to consider – even if you are in completely different industries. You can emotionally relate to the stressors of the work and can take a smarter approach when challenging you to grow professionally. Their outside, yet equal perspective provides something that an individual executive’s team or coaches won’t (because that executive controls their pay and job status).

1. Have somebody else to help balance the mental load of what an executive is normally carrying.

As an executive, you are faced with a lot of decisions and plans. Even if you are the most organized and well-planned person, your team is spending their full-time working with you in the office, and your only guidance is from your team. It’s difficult for someone to bring a new perspective to you when they are seeing the same things you see – even if they feel comfortable challenging you. Also, you have probably split your team into departments and you or a combination of you and your executives orchestrate the entire operation. Not everyone can relate and help you prioritize what is most important. Someone with a shared work orientation and has similar responsibilities in a different company/industry can help you ease the mental load of what you are facing.

2. Look at challenges from a different lens from somebody completely outside of your industry.

Success leaves clues. But it’s up to you to find them. What was successful in one industry might work in another. If you are an executive and your network is insulated and rarely expanding, you will only surround yourself with the same thinking. Finding new mentors and continuing to build relationships with current mentors will help you expand your problem-solving abilities.

3. Be able to emotionally attach and disengage.

A mentor is not a spouse. A mentor is close enough to you that they can understand and empathize but distant enough from you that you can make mistakes with what you say or how you phrase something without it backlashing. You can technically fire your spouse, but that’s a relationship that you probably don’t want to fire if you don’t have to. It is okay for you to have a mentor relationship with somebody for 6 months and then if you decide you don’t like their advice anymore begin to grow distant. You can always pick that relationship back up again if you would like. 

1. I don’t have the time for mentors.

Are you working in the business or on the business? Executive mentors can help you work on the business. As a leader, you need to be thinking ahead and willing to do the work now so that your job will be easier later. If your job is to cut down trees, going at it day after day with a dull axe isn’t working hard, it’s working poorly. Mentorship helps you sharpen your metaphorical axe; neglecting your toolkit means you are neglecting your work, even if you think you can’t make the time.

2. I already have mentors.

How did you find your mentors? From the circles you actively connect with and run in? If you all hear the same things, are given similar advice, and trying the same strategies, are your mentors giving you anything new? Or are they just confirming what you already know? Finding executive mentors outside of your circle will make you see your blind spots. 

3. I don’t need mentors.

This sort of response typically comes from a place of ego. Anyone who says this is conveying that they have learned everything and there is no room for them to grow. Which, paradoxically, is proof that they in fact still have plenty more to learn. The knowledge and experience gained from an executive mentor is simply irreplaceable. As I stated at the opening of this blog: chances are, you are no Steph Curry (in your field). The best of the best are that way for a reason. Success leaves clues and this one isn’t buried that deep.      

Every executive will benefit by cultivating a group of strong, diverse mentor relationships, especially ones outside of their industry and normal sphere of influence. The diversity of thought that comes from these types of relationships lead executives to make massive breakthroughs in their businesses, and within themselves mentally and emotionally. What’s your excuse?

Ambition in Motion’s mentor program is different than anything I’ve ever heard of. When I think of a mentor, I think of someone who is older and wiser and honestly, really hard to find. AIM has flipped that on its head. They made everything super easy by matching me with someone via an assessment and algorithm. They also match you with peers that have a similar career orientation, which is way less intimidating than some kind of in-person process. It’s comforting to know that you and your mentor will automatically have some things in common, even before you get started. You also know that they’re eager to learn and grow as well. 

 

In our first meeting, we talked about our backgrounds and even though our roles are different, our paths were certainly not. My mentor has a degree in Music and I have one in IT, now we’re both in Human Resource and Training Roles. The stories of how we got there are long and varied, but now we enjoy what we do. We also both used to work in different roles at our current employers, which gives us a unique perspective on not only our current workforce, but also gives us more in common and builds trust.

 

Speaking of starting in different roles, even within our own companies, we were able to transition into new positions that aligned more with our passions. I started out as a Project Manager that helped with recruiting on the side and my mentor was a Financial Advisor that really mastered the process so well that they wanted him to train everyone else! Any chance to learn something new is a chance for growth and, if nothing else, a resume builder.

 

We also learned that it’s not so uncommon to have many extraneous roles and responsibilities in addition to our core job duties. I have lots of non-HR related responsibilities like IT Support and Facilities Management and my mentor is responsible for Social Media content as well. We could choose to see these as busy work or unnecessary tasks, but we’ve both chosen to frame them as opportunities. Never say no to an opportunity if you can manage it.

One of the most exciting things that I did in the Navy was to get our ship “underway”.   That’s when we “cast off all lines” and push (or get pulled) away from the pier.   Whether we were headed across the globe or just out for a day or two of exercises, it marked the beginning of a journey, of an adventure.  Last week we got “underway” with our new HR Mentoring adventure when Garrett introduced us to our mentors, our “shipmates”. 

I was very pleased to meet my mentor, Mike Johnson, and learn about his background and his current role. We were both a little surprised by the results of our Work Orientation, and not totally sure of the methodology that paired us up (yes, he does provide a written explanation).  However, the more we’ve shared with each other, the more excited about where our relationship may take us.

It took us very little time to warm up and open up.  After the first official meeting we already started to peel back the onion and share a few things about our plans and dreams for the future.  It was sort of freeing to share some of my thoughts that I had not shared with anyone before.   Having Mike listen and then respond without negativity or judgement was really encouraging.  It already made me more excited to see where our path would lead us.

I’ve also been impressed with the materials that Garrett has put together.   The website is clean and easy to navigate.  He has well organized materials and provided a nice meeting guide to help us get started. 

We were asked what was something that we learned from our mentor this month and I think the thing I learned from Mike this week is that when you have a sense of your purpose, or your calling, it is very exciting and energizing.  Hearing him tell his story and talk about his “why”, it’s clear that he is in his sweet spot.   I can’t wait to see what next month brings.

My dad started in the limestone industry in Bloomington, IN when he was 19. After some stops at a few
different companies, he landed as a draftsman for the company he worked for, ended up owning, and
eventually sold some 35 years later. He has been my most consistent mentor to date, as parents tend to
be. However, a decade into my career, my path already has looked vastly different than his. Far from the
straight line, that he experienced, and we are often told to expect. The best laid scheme’s o’ mice an’
men, as Burns would say.

But through this horizontal mentorship program and speaking with my mentor partner, I have learned
that the straight career path is not the norm. It is very uncommon now. Which honestly does not
surprise me too much, that it describes my dad’s experience. My dad hates change. He and my mom still
live in the house they bought the month I was born, almost 36 years later.

The path we take is uniquely ours. And sometimes we stumble into a position or field that we never
thought we would enjoy, or even have a passion for. That was me with finance. It was a long path that
lead me into this field. But it started and ended with teaching. I still have a little bit of the stubborn
resistance to change that I get from my dad, but I am learning not be afraid of an opportunity that
presents a new challenge. I have a plan for where I am now and where I want to go, but I have Burns’
quote from To a Mouse reminding me to embrace the change.

Until next time.

-Chip

I recently joined an executive peer mentoring initiative led by Ambition In Motion (https://ambition-in-motion.com). A big part of the reason is that my coaching practice, (www.coachfortomorrow.com) is continuing to expand in leadership development, career development and management, and career transition. I’m now also part of another new initiative, Culture Fit 20/20 (https://culturefit2020.com), and I’m extremely interested in views from an HR executive’s desk on employee well-being, engagement, training and development.

 

What intrigues me about the mentoring focus is how the AIM team did a “work orientation” assessment as a key basis for pairing me with another leader, Geoff McCuen. We’ve been introduced, met again, and have discovered that we’re really closely aligned in our outlook on life and career. We each share a sense that the calling or purpose behind what we do as a career or job, is critical. So we’re both excited to be speaking together, and affirming of AIM’s process in connecting the two of us. A part of this was the power of story – the types of questions we asked each other nudged us to be open and authentic. As part of articulating the “why” behind what I do, I found myself remembering key people and conversations en-route to my deciding on coaching as my next career.

 

Another facet of this is the notion of “peer mentoring”. Most of us probably equate a mentor as a more senior, more skilled, more experienced sage, giving the benefit of his or her experience and wisdom to a younger, developing professional. Our thinking is shaped by centuries of tradition (the development of novice-apprentice-journeyman from the guilds of the middle ages) to the more recent Jedi Master-Padawan apprentice from the Star Wars franchise. I remember realizing with a shock years ago that I was no longer the “new guy” at IBM but had become one of the “veterans”.

 

But why not “peer” mentoring? One way to look at this could be “networking on steroids”. Or, think of this quote from the book of Proverbs - “As iron sharpens iron, so one person sharpens another” (Proverbs 27:17). Each of us can both add value and perspective to another, and learn from the other.

 

Looking forward to our next conversations!

Original Post - https://cma1902.com/crma-partners-with-ambition-in-motion-to-create-a-manufacturing-mentor-program-for-members/

Chattanooga, TN, June 22nd, 2020: The Chattanooga Regional Manufacturers Association (CRMA) is creating a horizontal mentor program to pair members with each other to help them become better leaders, avoid wasted time from mistakes by connecting with those that can relate, and take their businesses and professional goals to a new level. 

Horizontal Mentorship means a mutually beneficial mentor relationship between professionals in which both professionals are open to learning from each other and teaching each other.

There are 6 tracks for members in CRMA to choose from: Supply Chain Professionals, Human Resource Professionals, Relationship Managers, Small Business Owners and Executives, Tax and Finance Professionals, and Environmental Health and Safety Professionals. If you don’t know which track is best for you, you can contact [email protected].

CRMA has partnered with Ambition In Motion to create this mentor program. Ambition In Motion helps people and teams communicate better through horizontal mentorship. Ambition In Motion helps companies avoid losing their best people by connecting them with the right mentor at the right time.

This manufacturing mentor program will catalyze deep relationships between members in CRMA and allow members to engage with the association in a deep, meaningful, and virtual way. The deadline to sign up for this program is July 15th.

Executive Horizontal Mentoring means pairing two executives together for a mutually beneficial relationship. In contrast to traditional mentorship, there isn’t a “mentee” and a “mentor”, but two executives that are open to learning from each other.  

After operating Executive Horizontal Mentoring programs, one of the biggest things I have learned is the benefit of being able to relate to another leader and how powerful connection can be.

In a recent discussion, a CEO of a software company compared it to a therapist going to another therapist for therapy.

The Chief Financial Officer of an insurance company found it relieving to know that even somebody in a different industry and size of company as him faced very similar issues.

The Chief People Officer for a financial firm felt that he could be significantly more vulnerable in a mentor relationship with an HR executive outside of his company than with somebody from within the company.

As an executive, being able to relate to somebody else has immense benefits. This article sheds light on 3 major benefits of executive mentoring and the benefit of being able to relate.

A person doesn’t become an executive by accident. It takes hard work, persistence, and patience waiting for the proper circumstances and the right opportunity to align itself. Once you have earned your way to this position, you might feel like you need to have all of the answers. As an executive for my own company, I personally felt this. It felt like because I had worked up to this role for so long, I needed to be the bedrock of answers that I thought my team needed, even when I had no clue what the best move should be. 

Having an executive mentor can help reinforce and affirm your decisions. You may have a team that is reluctant to challenge you. Because of this, their words of affirmation probably won’t mean as much to you since they may have additional reasons to agree with you (even if they don’t realize it!). 

Hearing honest feedback from another executive who has been through similar things is powerful. You know they don’t feel the pressure to simply affirm your beliefs. Instead, they choose to agree because they truly believe that you made the right decision and this feels incredible!

That feeling of affirmation from a peer can be exalting. It gives you the confidence to continue taking strong steps in the direction you have chosen because an unbiased, but experienced, party is backing you up.

To give an example of this, I will share the story of my business partner, Dave Criswell, who is incredible at affirming people. Dave and I met on the tennis court (we both play in a doubles tennis group). Dave is in his mid-50’s, doesn’t move particularly fast, and doesn’t hit the ball particularly hard. But he rarely loses in doubles. Why? Because he is incredible at affirming his partner. Dave has played tennis long enough that he knows what good strategy is. He never gets mad at his partner for mistakes but is great at conveying the positives and negatives based on certain strategies deployed during a rally (e.g. hit down the line, lob over the net player, hit cross-court, etc.). When you are his partner in tennis, even if you take an action that he doesn’t agree with, he is great at affirming your move by understanding the potential upside if your action works, while also doing a great job of conveying the alternative options that are available that might have been an easier method to achieving the ultimate outcome (e.g. winning the point). Dave brings out the best in me (and anybody he plays tennis with) because I know that the feedback he is giving me is authentic, that he trusts me to make whatever decision I believe is best at that moment, and that he could easily get angry when I make a mistake but he instead chooses to teach me. Individually, Dave and I aren’t necessarily the best tennis players. Together, however, we have (occasionally!) beaten guys who played tennis in college. No small feat! 

In an executive mentoring relationship, having somebody to affirm you and believe in you feels incredible.

Having somebody outside of your company to be vulnerable with can be life-changing. As an executive, I have friends that I grab drinks with and share business updates with, but those conversations are inconsistent and usually unfocused. They have their own business to focus on and we aren’t truly intentionally listening, reflecting, and empathizing with each other. 

In an executive mentoring relationship, there are two executives who have committed to building a deep relationship with another executive who can relate. This is another person who is in a similar position as you, maybe not the same industry or size of company, but that cares about listening, learning, and understanding your situation just as much as you are of theirs. 

Once rapport is built, it is significantly easier to be vulnerable with each other which then leads to trust and legitimate business outcomes.

To put it into context, how often do you share your business goals with your executive friends? If you do, how often are they intentionally listening to what you are saying, willing to challenge you based on inconsistencies you have mentioned in the past, and follow up with you monthly to see if you are on track for these goals? 

The answer is probably no for the first question, but if it is yes, it is probably no for the second question. Why? Because executives are busy! If you haven’t set an intentional agenda and consistent meetings committed to you working on these goals, you are probably not achieving the outcomes you would like from your executive peer network. 

An executive mentoring relationship creates an environment conducive for two busy executives to spend their time effectively and meaningfully so then they can achieve maximum business results in the least amount of time. 

Those results multiply when both executives feel comfortable being vulnerable with each other.

Growth incorporates both business and personal outcomes. If your business is growing but your personal life is falling apart, eventually your personal life will creep into your work life and those effects could be irreversible. 

An executive mentor can help you find a balance between work and personal life. The benefit of being able to relate is that your excuses for why you can’t spend time with your family, spouse, and friends, are no different from theirs: they are in the same position as you. If they have discovered ways to find balance, you can too. And they will probably pick up a tip or two from you at the same time. 

You may not be comfortable sharing these personal issues with just anyone. Whether it’s your colleagues at work, multiple people in your executive peer network, or a coach, they may not know or be able to relate to exactly what you are going through. 

An executive mentor solves this by providing a safe place for you to share. Just by being able to acknowledge the challenges you are going through, you are already on a trajectory towards growth. Holding it all in doesn’t help you or anyone that you live or work with. 

The ability to relate to another executive in a mentoring relationship can not only drive professional growth but personal growth as well.

Overall, executive horizontal mentoring can have a massive benefit on the impact of leaders. The ability to relate to another executive provides a lens into what could be for an executive and an opportunity to drive personal and professional growth. Executive mentors help executives avoid wasted time and mistakes by being able to build a bond with another executive who can relate.

When I first started Ambition In Motion, I held this belief that I always needed to present myself as the paradigm of answers and solutions for the people on my team. My logic was that if I don’t know the answers, how can they feel confident working for a company with a leader who is unsure of themselves? 

Beyond my team, I noticed that I was putting on this face that everything was awesome to everyone: my fiancé, my family, my friends, and especially people I networked with. 

I eventually became really stressed out. I was holding all of these things inside and internally preparing excuses for questions like: Why isn’t the business where you thought it would be a few months ago? Why aren’t you still pursuing that plan? How come you are still working a bartending/serving job on nights and weekends to pay for your bills if the business is doing great?

I wasn’t always this bottled up. My brand was predicated on this underdog approach I took to building the business where I embraced showing vulnerability. But after a few years of running the business, my perception of how I should present myself to everyone else changed. I thought I had to be more like this archetypal “business executive” that we see all the time in pop culture (or real life!).

I fortunately had a mentor. He is also the leader of his company and he went through something very similar. He had a tough period where he needed to raise his sales growth and decrease his operational costs or else his company wouldn’t survive. Instead of keeping these issues to himself, he took a different path and shared freely what he needed to do and what the stakes were with the people around him. The stakes weren’t on specific people but rather the entire company: the company might not be able to exist if they can’t pull together to hit these goals. 

His vulnerability became a rallying cry. As opposed to jumping ship or having doubts about his leadership (which I truly thought would happen), they rallied around him and felt empowered because he gave them ownership of the problem at hand. This helped them feel like a team working together. 

Hearing this story from my mentor realigned my perspective, and it shapes my view on leadership and vulnerability to this day.

But as the notion goes: “the teacher appears when the student is ready.”

I am involved in entrepreneurial meet-up groups, have a coach, and read books that guide me, but it wasn’t until I had an executive mentor that it finally clicked for me.

Selfishly, my issue with entrepreneurial meet-up groups was that I didn’t get to talk about me enough and learn enough insights on my situation. For fairness, we split the time focusing on our respective businesses evenly, but I found myself only having the mental and emotional capacity to resonate with one other executive’s situation beyond my own. 

Having a coach is great for their guidance, leading me to think about different factors, but they aren’t necessarily able to relate to the current problems I am facing with managing a team and expectations in my own way. 

Books are excellent as well but they have to hit me at the right time. If I am not ready to accept and embrace that knowledge, I may not know how to fully take advantage of what I am learning.

As the leader of my company, I am not the paradigm of what a vulnerable leader looks like. However, I have gained a deeper and more intentional focus on being vulnerable with everyone and I can thank my mentor for that. Whether it’s personal life or business, I can already feel the improvements from taking this perspective to vulnerability. The connection between me and my team already feels closer. They have a better pulse on what I am thinking and feeling, and I feel like I have a better understanding of what my team is thinking and feeling as they have felt comfortable reciprocating my vulnerability. It can be tough to break through our shell and show vulnerability, but the initial investment pays dividends. 

Ambition In Motion leverages horizontal mentorship to help professionals elevate their work skills and break through communication barriers.

Ambition In Motion's core values are: be growth-oriented, people first, empower efficient leaders, be data-driven, and have integrity and vulnerability.

Ambition In Motion's vision is a world where the vast majority of people are excited to go to work, when they are there their expectations meet reality, and when they come home they feel fulfilled.

Change in your business is inevitable.

Whether impetus for change is internal like a new business insight that causes you to move in a new direction, or external like a global pandemic that forces you to rethink the way you do business, change always happens.

As a leader for your business, you may find that adapting to change seems easier for you than it is for your people. This could be due to you having a higher risk tolerance than your staff or that you were part of the decision for the change while your people are asked to follow along after hearing about it from you or somebody else second-hand.

Regardless, the key point is that change happens and some people will handle it better than others. While this process can be tough, what is important is that the people that are able to change with you, will also be able to grow with you.

According to ClearRock Inc, 70% of change initiatives fail to achieve their basic goals. 

However, if you can get the right people around you, people that are willing and able to change with you and be happy about it, you are significantly more likely to successfully navigate this change.

This article sheds light on an effective way to enact change in your company while maintaining culture.

In 2003, Evan Williams sold blogger.com to Google. Blogger was one of the first dedicated websites for what we know as the blog today.

By 2004, Evan was already cooking up new plans and finding ways to change the game. He asked, “What if we could implement blogs, but with audio?” and began working. He called this new company Odeo. 

This was a brand new medium for media consumption and Evan thought he had another big opportunity on his hands. But in 2005, something big happened that would change his world forever.

In 2005, Apple decided that they were going to invest hundreds of millions of dollars into a new form of media that was strikingly similar to audio blogs. This surprised Evan Williams because at this moment, these “audio blogs” as Evan referred to them barely had any traction.

Apple called this component of their business “podcasts”. 

While Odeo started garnering some traction, it was definitely not a market leader and when Apple flooded the market with podcasts, Odeo was left to fend for the scraps.

Suddenly time was running out for Evan. He was backed into a corner, hemorrhaging funds and rapidly approaching a decision he was loath to consider: closing the company. That’s when he made the bold decision to do something interesting.

Evan decided to be vulnerable.

As opposed to telling his team that everything would be okay and to keep pushing in the direction he knew was a losing battle, Evan was open and honest.

As opposed to just him and his executive team determining what to do next, he involved his entire team to be a part of the solution. 

Their initial idea was to have a hackathon where all of their employees could work individually or in small groups to come up with ideas about how they could pivot and transition. The hackathon was a success and they were able to scrape some good ideas from the event (alongside some team-building for good measure). 

Two of Evan’s employees, Biz Stone and Jack Dorsey, came up with this idea leveraging their prior experience with Evan at Blogger. As opposed to long, free-form blogs meant for longer reads, what about a blogging site built around short text snippets that people could skim? 

As they began testing the idea, it took off in popularity. They were able to get famous celebrities on the site by providing a way for these celebrities to get their message out to a wide audience without the barriers of traditional media. 

This hackathon idea became what we know today as Twitter.

Evan Williams was able to transition the majority of his Odeo team to fully focus on Twitter. He successfully accomplished this because he was vulnerable with his team and allowed them to be a part of the decision-making process, thus ensuring that every member of his team had buy-in for the tough work ahead. 

To recap: 

·        Change is inevitable

·        Effectively implementing change is hard

·        Some people handle change better than others

·        To maintain your culture through the change, be vulnerable with your team

·        And include your people in the decision-making process

Coming to this conclusion isn’t easy. As a leader, it requires admitting that you may have made a mistake and that you may not know the best path forward. Having a fellow executive mentor can help unlock your vulnerability and improve your performance as a leader. Executive Mentorship isn’t a group of executives meeting afterhours to discuss work and it’s not coaching either. An executive mentoring relationship is a 1-on-1 relationship with another executive who can relate to your situation, help you understand your weaknesses, and provide a safe space for you to be vulnerable.

How does one define leadership? In many ways it is a concept that is difficult to define. Difficult to understand. Difficult to execute. And difficult to replicate. Consider how many books, articles, seminars, and case studies have been offered over the decades – not to mention the ability to earn a PhD in Leadership! As such, leadership comes in many models often formed by personal experiences and successes and failures of others.

At the fundamental level, at least in business, leadership can be defined as simply making better decisions than your competition. How does one develop this capability? An executive noted, “Make a lot of bad decisions that don’t kill you.” It is true that one’s experience is, in many cases, a result of trial and error and observation of others. Unfortunately, experience alone is no panacea; thus, a leader must be aware of their blind spots and recognition – or lack thereof – becomes more critical as one moves up the corporate ladder.

Blind spots represent an unrecognized weakness or hazard that has the potential to undercut a leader’s success. Blind spots can be found on numerous levels: how you view yourself and your impact on others, the strengths and weaknesses of your team and organization, and the forces operating in the markets in which you compete. Fortunately, blind spots can be identified and managed if one looks for them. Given such, carefully select valued sounding boards who push you, question you, and assist you in recognizing the areas that may undermine your success and that of your organization. 

Programs such as those offered by Ambition In Motion can illuminate leadership blind spots. This is vital as blind spots are not just cases of failing to see ourselves or our actions accurately. They are evident in the way we view our teams, organizations, and markets. 

Executives and senior leaders, get started today: https://rb.gy/5luuqj 

In my discussion with my mentor this month, we talked about challenging ourselves and setting tangible goals. It’s common knowledge that the best way to succeed at anything is to set goals and objectives and measure yourself against them. It’s not always so easy to actually do it, or even remember that you should. It is very easy to get lost in the business of daily life and work and forget to set goals for yourself. It’s also easy to make excuses that allow you to put them off. 

For me personally, there’s a level of fear in setting goals as well. If I go through the process of setting a goal, then that means I could fail. If I don’t set any goals, I can never technically fail. That’s not really a useful way to accomplish anything though, which is why having a mentor is so helpful. Among many other things, a mentor can be an accountability partner. This partnership is a powerful tool for both creating and reaching goals, which is exactly what we talked about in our last meeting. 

My mentor and I helped each other create some goals for the next few months. My goals were created as a result of my most recent peer review. My self-ratings were pretty well in-line with those of my peers, however my own scores were slightly lower than my peers’. With some insight from Garrett Mintz of Ambition in Motion, we figured out that this means I’m likely able to ask a little more from my colleagues. My mentor and I took that idea and created a goal from it. My goal is to make at least three asks per week that I normally wouldn’t. This may seem simple, but it’s a confidence building exercise. It’s a stepping stone on my way to larger, greater goals as well. My mentor has his own goals too, and we’ll be checking in with each other weekly to see if we’ve followed through, that’s where the accountability comes in. I’m excited to get started and see where we go next!

My latest executive peer mentoring session examined each of our core values and why we do what we do. Some of the questions posed were: What is your core focus for why you work? Why do you exist? What impact do you want to have? What is your strategy for getting others to help you achieve this impact? We were encouraged to brainstorm what that impact will that look like in 10 years... 3 years… How about in one year?

 

These are facilitated by Ambition In Motion (https://ambition-in-motion.com).

 

I usually look for one or two Big Ideas to take away (sometimes I come up with more, believe me!). Two that really stood from our time last week are:

 

I routinely coach clients to look at the IMPACT they have. What is a pattern of results that they have accomplished, over time? What do they do consistently, repeatedly, naturally? This represents the impact they have on their surroundings – and it can take a variety of forms. For a salesperson, it can be consistently overachieving their quota/revenue objectives. For a manager, it might be achieving unit/department/area results – and how many people they have helped to develop or mentor along the way. It may be areas or processes they have helped to improve.

 

Most often, the impact we have usually flows from our exercising the core strengths we have, consistent with working and living out our own core values. It’s an outgrowth of who we are.

 

Want to see an illustration? Think of someone you know pretty well - pull up their LinkedIn profile. Scroll down to any Recommendations that others have written about them. The chances are that you’ll see this at work.

 

Working with clients in developing them in their career, I routinely ask them a lot of questions to pull this out. I strongly encourage them to articulate their impact in the first half-page of their resume, and in the Summary of their LinkedIn profile.

2. The power of reflection

My mentor Geoff shared one of John Maxwell’s practices. He is a consummate journal-maker, taking notes of actions, reactions, and results daily. He takes a few days at the end of each year to re-read his diary and reflect. Geoff challenged the two of us to independently plan a couple of days at the end of 2020 or beginning of 2021, to re-read notes, recap goals, and savor accomplishments. And, how about reflecting on key actions and causes behind the accomplishments? How about those goals or actions that were inadvertently “left behind”?

 

I make monthly goals, then weekly goals. I don’t journal in notebooks hardcopy much, certainly not like I used to. But I do keep track of those goals and have them available. Note to self: Block out 1-2 days in December for intentional reflection.

 

We just passed mid-year in the midst of a pandemic, forcing us to spend more time by ourselves. Maye now is a good time to reflect. Or, look ahead and intentionally plan for that.

 

How about you - What’s YOUR impact?

 

As a business, you must be constantly setting new goals and working towards accomplishing your current goals. The goals you aim for need to be big enough to ensure consistent growth while remaining tangible, realistic, and achievable.  

But goals also need to be flexible. Managing how your team goes about accomplishing those goals requires you to be open to suggestions and improvements or else risk falling behind the pack. 

Oftentimes, there will be an aspirational quantifiable goal that your team is working towards accomplishing. For example, reaching $1 million in annual revenue. While there are many different ways you can accomplish this goal, the conventional wisdom is usually to follow the same methods that lead you here and keep progressing along the same path towards that goal.

Sometimes, the plans that got you here are not the plans that will lead you to your ultimate goal. Let’s continue with the quantity goal of achieving $1 million in revenue. Now let’s say you are collecting monthly payments on your product or service, and your sales team is growing sales at 10% month-over-month: it looks like you are well on your way! But you might be missing crucial factors. You might not notice until it’s too late that your product isn’t high enough quality to retain those clients and now you are losing 20% of clients after three months. Now you are stuck in a situation that is essentially just pouring water to a leaky bucket.

The cost to make the quality adjustments might be really expensive…but the cost of consistently losing business is usually going to be worse. If there aren’t quality controls in place, it’s going to make achieving your $1 million in revenue goal harder and make the next important milestone even more difficult to achieve if you don’t change your things up. 

Word spreads quickly and first impressions are incredibly important! If word spreads that your quality is inconsistent, you will saturate the market with a negative reputation and eventually find it very difficult to garner new customers.

Essentially, the cost of consistently putting out a bad product becomes more and more expensive as word spreads. This cost to reputation quickly grows to be significantly greater than the cost of doing nothing.

A story that does a great job of conveying this is the story of Pixar Animation Studios and the story of Toy Story 2. In the 1980’s, Steve Jobs (after getting let go by the board of Apple) bought Pixar from Lucas Film, and in the early 1990’s the Walt Disney Company hired Pixar to make 1 full-length, completely computer-animated movie.

At the time, there had never been a full-length completely computer animated movie. It had never been done. Pixar had done shorts before (and actually won an Oscar in 1988 for Tin Toy), but they had never made a full-length movie before. The agreement was that the Walt Disney Company would pay for the entire cost of producing the film but would receive 100% of the royalties. 

Steve Jobs and the Pixar management team knew that this was not necessarily the greatest deal for them. They knew that if the movie was a hit and Disney kept all of the royalties, they would have Pixar hamstrung and forced into this type of deal for the future because their profit on this deal was minimal.

Therefore, right before Pixar’s first movie with Disney went live to theaters, they made a bold move. They decided to have an Initial Public Offering (IPO). This was risky because if their first movie flopped, the company would be out of business. But, if it was a success, they knew Disney would come back to them to make more films and the additional funds from IPO would allow them to cover their half of the production cost and take a half of the royalties. 

Their first movie: Toy Story. 

What else needs to be said? But just in case you need a refresher: Toy Story was a smash success and won an Oscar in 1995.

The Walt Disney Company agreed to a deal to cover half of the production cost for two more movies and split the royalties with Pixar. This was still a relatively risky spot for Pixar because if any of these movies flopped, they would be on the hook for it. 

Pixar’s next movie was A Bug’s Life. Not only was it another great box office success and instant classic, but the production of the film went off without a hitch. 

Their second movie was Toy Story 2, and the production of the much-anticipated sequel was not nearly as smooth as A Bug’s Life or even the original Toy Story. In fact, Toy Story 2 almost ended up never being released…twice! 

Because Pixar was a young and quickly growing company, they hadn’t really established the type of quality protocol and procedures necessary when making films. Like most startups, they were flying by the seat of their pants. 

Since they were making A Bug’s Life and Toy Story 2 at the same time, they had to split their teams to focus on each respective movie and hired an outside film director to direct Toy Story 2. 

The Pixar team was so focused on releasing A Bug’s Life that they gave essentially free reign to this new director to direct Toy Story 2. By the time Toy Story 2 was “ready” for a final review, Pixar encountered a huge problem: the movie just wasn’t very good. It simply wasn’t emotionally gripping or well-put together. 

The Pixar team had to make a choice: keep this sub-par film that they invested millions of dollars into, or scrap the entire film and start over (and risk upsetting everyone that worked on the original Toy Story 2).

The short-term risk was losing the millions of dollars they spent producing the film. The long-term risk was losing the Walt Disney Company as a financial and commercial partner, leaving them having to go off on their own and figure out distribution channels, promotion, and everything else that Disney brought to the table that made their involvement so valuable.

So, Pixar decided to pivot. They scrapped the entire first draft of the movie (losing millions of dollars) and started over. 

Production was going well: great story, great characters, great emotion. But, right before Toy Story 2 (the second version) was ready to be released, something happened. The developers at Pixar were working on improving some small visual features and that involved writing over the code in some folder. But, they used the wrong command: ask a programmer and they will let you know that this is easy to do! So, when they went to delete and replace the folder, the command instead started deleting every file it encountered. And…a developer accidentally entered that command. After a moment, they started seeing files disappearing and realized what was happening.

Everything was deleted. Woody, Buzz, Mr. Potatohead, everything! They scrapped millions of dollars on the first movie and then accidentally deleted the entire second go-around of this movie. Normally, this wouldn’t be an issue. Everyone knows to backup important work, right? Except the backups were untested, and failed when they tried to retrieve their work. All seemed lost. 

However, they had a lifeline. One of their employees who was pregnant was granted the opportunity to work from home (back when working from home wasn’t the norm). Every week, she would back up the entire movie on her home hard drive. After they realized this, they dashed to her house to find out whether or not their entire project was truly gone. 

The Pixar team drove to her house, picked up her hard drive and…it was all there! 

The movie released and was a total success and laid the groundwork for Pixar to create: Monsters Inc., The Incredibles, Finding Nemo, and so many other movies that became instant classics.

Pixar had an original goal: to make 2 movies with Disney. They could have stuck to the original version of Toy Story 2, but that could have led to lost business and opportunities down the line (the equivalent of a leaky bucket). 

Pixar chose to pivot in the face of adversity for the opportunity to set themselves up in the long-term.

They created the Brain Trust which is a quality control team that meets with directors weekly to ensure that the movies they are directing are on track and quality.

They also implemented technical systems that prevented employees from losing everything in their system, and ensuring that their work is backed up, that their backups are backed up, and that those are backed up too! 

Technically, Pixar didn’t need to make either of those pivots to make 2 movies. But to make 2 high quality movies that would sustain the success of their business for years to come, these pivots were absolutely necessary.

The point: having goals is a great first step. But to maintain your success, you are going to need to be vulnerable enough to acknowledge that what you are doing now isn’t perfect and will be improved. There are some activities that may not directly drive your outcome in the short-term, but will absolutely lead you to success over the long term. Knowing when, how, and just being open to pivoting is critical to your success as a leader and as a company.

This week I had my second meeting with my Peer Mentor and it was another good one.   Each time we meet Garrett has a recommended agenda that ensures each meeting will be productive and avoids the “So, what do you want to talk about today” condition that can be stifling.  However, he always gives us permission to deviate from “the script” and go wherever the moment takes us. The topic was “Collaboration” and this time we stuck to the agenda.  We were asked to share the biggest challenge facing us currently, but that wasn’t all.  We were supposed to ask our mentor to assist us with the challenge – not just give advice on how to deal with it.  

When I first read that I thought, “Since my biggest challenge is something I need to do at/for work and Mike can’t work on that, I better pick some other challenge that he can help with.”   Then, when I shared this thought with Garrett he pushed back.  “Why limit Mike and possibly miss a great opportunity for him to collaborate with you?”   That’s when I realized that this sort of pre-qualifying others for their help is something that I do a lot.   How many times at work, at home, at church, or elsewhere have I faced a situation that I could use some help but I tell myself, “(that person) can’t help you with that”, so I never ask.   Even when that person is there to help!   

I don’t know if this is function of pride (I don’t really need the help), or trying to save the other person from having to say, “Sorry, I can’t help with that”, or being afraid that they may reject me and refuse to help.   Whatever it is, I’m sure that it has cost me many many hours and dollars trying to struggle on my own.  Further, how many people have I denied the opportunity to be helpful to me.  When I do that it is truly lose-lose. 

After this session, I’ve decided that I would be more open with those around me who may have abilities that I’m unaware of that would be perfect for my present challenge.   Who is in your circle that would be happy to help you in ways that you didn’t even know they could?

I am in a mentoring relationship with another CEO who has been having some people issues at this company. The focus of our most recent conversation was how to handle these types of situations without harming company culture and morale.

The issue he is focused on right now is with his controller (or lead accountant). His controller is a really nice guy, everybody loves him, and from a company culture perspective, he brings positivity to the workplace. But, he just isn’t getting his work done on time, and he is often a bottle-neck for the entire company. 

My CEO mentor recognizes this and doesn’t know what to do. He doesn’t want to fire him because people genuinely like him and he has positive attributes that make the work environment rewarding. But he can’t let the whole company be hamstrung because of one person’s delayed work.

3 weeks earlier, this CEO mentor of mine had a similar issue with a couple of his salespeople. They were nice employees and people liked them, but they also weren’t getting the job done. In that situation, the CEO essentially gave his salespeople an ultimatum: “If you don’t increase your performance, we are going to have to move in a different direction.”

The result…both salespeople took his suggestion, moved in a different direction, and left with a sour taste in their mouth of their working experience.

It didn’t stop there either. Additional costs for the company and my CEO mentor were significant because he now needed to recruit, hire, and train 2 new salespeople, all the while losing out on the sales from the 2 former employees. This all set him back on accomplishing other business goals that he set his company.

The CEO decided that he wanted a different outcome with his controller. My mentor realized that the ideal outcome would be to transition him to a different role without the employee taking this as a personal affront.

Neither he nor I knew if that could be possible, but my CEO mentor knew there had to be a different, and better, strategy than the “my way or the highway” approach.

One thing that he brought up to me in our conversation was Marshall Rosenberg’s idea of Nonviolent Communication.

Nonviolent Communication is a series of steps that help de-escalate a potentially contentious situation by stating the facts, removing emotional generalizations (e.g. because I hate when you do that, or because it wasn’t fair for me), and provides a clear, tangible next step that is ideally reasonable and accepted.

The steps to nonviolent communication are: observation, feeling, need, and request.

Observation is an unequivocal fact that can’t be disagreed with. When conveying the observation, there shouldn’t be a positive or negative tone in the voice of the person stating the observation. It is merely a statement of fact.

Feeling is the feeling that the person initiating Nonviolent Communication is feeling. This is ONLY THE FEELING. Anything else that comes with the feeling is irrelevant. Feelings include: mad, sad, angry, frustrated, and anxious. Avoid insults and anything that starts with “I think”. Also, it can be easy to fall into the trap of mistaking insults for feelings (e.g., “You do this on purpose to be a jerk”). 

Need is a need that everyone can agree to. A need is not “I need you to do xyz things”. A need is a higher level notion that is aspirational and is something that EVERYONE can work towards. It holds the person conveying Nonviolent Communication, the person receiving it, and anyone else involved accountable to this need. An example could include “my need is a work environment where people are respected, they get their work done, and they can find joy in the workplace.” Most people can agree that they would consider this a need for their work environment. 

Request is a specific, tangible, ideally measurable request that is reasonably achievable. If it is vague, it will be difficult to know if it was achieved and if it is unreasonable, it will create resentment. A bad example of a request would be “my request is that you never interrupt me again.” This is a bad example because it requests for somebody to change actions instantaneously and without margin for error. An employee might develop some minor habit of inadvertently interrupting you but not realize it frustrates you so much. So, when you finally decide to bring it up to them and ask (order!) them to never do it again, you are presenting an unrealistic request and not seeking to understand the person. A better request would be:

You could potentially add in a specific number of times that would be acceptable for that person to interrupt you to be measurable, but that may sound condescending for this situation. The key difference is that the request is much more likely to be adopted than the original bad example. By practicing Nonviolent Communication and working with the person, you are working together to find the best solution for all parties.

So, my CEO mentor decided to apply Nonviolent Communication to his situation with his controller to see if it might be able to achieve his desired goal of getting him to work on a different task while showing him respect and maintaining his dignity.

His observation: The accounting work that was due on June 20th came in on July 1st. This has happened each of the past 3 months, and we have had several conversations about the importance of timely accounting work over the past 3 months.

His feelings: He feels frustrated and anxious. 

His need: A work environment where people are respected, they get their work done, and they can find joy in the workplace.

His request: “Would you be open to helping onboard a new controller over the next 3 weeks, and then transitioning your work to the marketing department afterwards?”

The result…his controller was open to it! The CEO mentor of mine may not have perfectly implemented the keys to Nonviolent Communication, but he did them well enough to achieve his desired goal. This part is important: you won’t get it perfect on your first try. But practice makes perfect, and even imperfect execution can help you solve your people problems. 

His controller, now marketing assistant, helped onboard the new controller, and because he was so well-liked by others at the company, his transition to marketing was smooth. So far, he is getting his work done on time and finding a greater passion for his work in marketing compared to accounting.

As business leaders, we may scoff at the idea of showing emotion at work and sharing our feelings. And if we do, they may come out as massive generalizations that can be hurtful and negative to culture. In this example, this CEO mentor of mine showed emotion, vulnerability, and subsequently leadership and was able to accomplish his goals and his company goals. 

My company has been helping executives learn about their own strengths and weaknesses and there was one number that really stood out to me when I was checking out the data. Seven out of every ten executives in an Executive Mentor Program gave worse ratings to their own leadership ability than the ratings given by their colleagues on leadership as part of their 360-degree assessments.

This statistic fascinates me because it forces me to start questioning what these executives are seeing in themselves that their colleagues apparently miss.   

Is it an act of humility to acknowledge that there is room to grow even though one’s colleagues are satisfied with their leadership?

Is it a perceived lack of ability compared to other leaders they aspire to emulate (something which apparently is missed by their colleagues)?

Or is it a lack of self-confidence, and that more executives feel like they are “faking it” until the one day that they are actually “making it” (while their colleagues don’t know any better)?

To properly answer this, leadership should be defined. By leadership, the study focused on two areas: general perceptions of leadership (e.g. I feel this person is a good leader) and one’s ability to provide clear expectations for those that work with them.

As a society, we seemingly look to the most prominent business leaders as if they have it all together, brimming with confidence, and are unshakable.

We condition ourselves to believe that to be a leader, we must be ever confident and we must have all the answers. For some people, this is an attractive endeavor because our vision of ourselves is the person at the top making the decisions and having the answers – that almost by being at the top of an org chart that we will inherently have the answers (or an alternative solution) because we have control. For others, however, leadership is not an attractive endeavor because of the perceived responsibilities and eyeballs looking to you for what the next step should be; be open to criticism and all the while constantly nervous about whether or not you are choosing the correct path.

While we aren’t sure exactly why 70% of executives underestimate their leadership ability compared to their colleagues’ ratings, we do know that this mismatch in perception exists.

Therefore, there is good news and bad news implied by these findings. The bad news: for those people who are attracted to leadership because they believe that once they are a leader they will have the answers and the confidence; that seems to be an unlikely, though not unheard-of, outcome. Instead, this seems to show that leadership is a never-ending pursuit of improvement. This becomes exacerbated when team members and the people they work with don’t understand their expectations of themselves and the metrics they would like to achieve to be considered a success.

The good news: for those people that avoid leadership because of the perceived responsibility of knowing every next step, being criticized, and nervous about whether or not they are choosing the correct path; most leaders feel this way and the feeling doesn’t stop! Instead, it seems like they just get better at dealing with those feelings.

The reason this is good news is because it shouldn’t hold you back from pursuing opportunities to improve your leadership abilities. This feeling of nervousness when leading a group of people is normal (the data shows it!) and it probably won’t be going away anytime soon. If you lean into the opportunities that present themselves (or seek them out), you can ensure that you are constantly growing and learning.

Speaking of leaning in, Sheryl Sandberg’s story of joining Google embodies the lessons learned from somebody jumping into leadership despite the uncertainty.

Sheryl accepted a role at Google during Google’s infancy. Her prior work experience was in government and she had minimal experience working in technology or startups.

It had taken her almost a year of living in San Francisco to get her first job offer. But persistence paid off and eventually she was receiving multiple offers, one of which was with Google. The other offers were very similar with what she had done in the past and paid her more, but the opportunity for leadership and growth with those other companies wasn’t nearly as high as with Google.

She was torn about what to do. As she was about to reject the Google offer, she met with Eric Schmidt the then CEO of Google who was still part of the interview process (which also gives you an idea of how early this was with Google). She laid out all the offers she had on her spreadsheet and the pros and cons of each offer. The only substantial positive for Google compared to the other offers was the opportunity for growth and leadership.

So why did she choose Google?

It was Eric’s response that convinced her. Eric put his hand over her spreadsheet and said “Don’t be stupid. If somebody offers you a seat on a rocket ship, you don’t ask ‘which seat?’ you just get on.”

She accepted this new challenge of working in a different industry than she was accustomed to, learned to thrive in it, and transitioned that experience into what she is doing now: the Chief Operating Officer of Facebook.

If you are currently a leader, this executive data should hopefully be the inspiration to pursue new experiences and expand your horizons with the hope that it improves your leadership abilities. You don’t need to follow what you think is a “tried and true” method to leadership because there is no “tried and true” method to leadership. Leadership is constantly evolving and 70% of executives feel they are worse leaders compared to their colleagues’ perception of them. 

This is not a guarantee that trying new activities will have some magical power that directly improves your leadership. You might not even realize your strengths and growth as a leader until much later. But, doing nothing new and avoiding challenges is a sure-fire way to stagnate. 

When work engagement stats are brought up inside a company, employee engagement levels are typically correlated to the impact engagement has on retention, employee productivity, minimized sick days, overall team morale, and how it impacts a company’s culture.

Naturally, when most executives learn about the importance of monitoring and improving engagement they typically invest in these services for their employees. They want to know their team’s engagement score and work on pursuing activities that can improve their engagement.

But what about measuring engagement for the executives?

This may seem like an odd thing to measure for an executive because, as an executive, you would naturally think that your fellow executives aren’t going anywhere (especially if they are the founder or CEO). Furthermore, often their compensation is tied to their performance so they are economically incentivized to perform at their best.

The issue with this train of thought is that it fails to properly understand what engagement is. So much research has used engagement and its downstream effects to show how it impacts the bottom line.  As there are fewer people at the top of an organizational chart and more people lower in the hierarchy, you might think that this is the most cost-effective way to apply engagement because it would directly affect the greatest number of people.

Therefore, it would make sense that when executives learn about this research, they are interested in measuring it for those employees that work for them and are less interested in measuring it for themselves–executives should have no economic reason to rack up sick days, be less productive, or leave. 

But this is simply not the case. Instead, this is a blind spot for executives! I’ll explain more below, but first, let’s take it up a level. 

What is engagement?

Engagement is the culmination of emotional attachment, energy, camaraderie, and work fulfillment employees (including executives!) have at work. Executives are employees too! 

I run an executive Horizontal Mentorship program where I pair two executives from different companies (and typically industries) together for Horizontal Mentorship. If you aren’t familiar, Horizontal Mentorship flips the script on classic mentorship programs by creating mutually beneficial mentor partnerships instead of hierarchical, top-down mentor-mentee relationships. I also run corporate Horizontal Mentor programs where I pair employees within a company together for mentorship.

When I started the first executive mentor program, I made a mistake when sending out the initial assessment. I accidentally forgot to take off the engagement questions that are originally meant for the corporate Horizontal Mentor programs that I run. 

I assumed that executives didn’t need to measure their engagement and that it would just take extra time on their assessment. But, by the time I realized my mistake, it was too late and the executives had taken the assessment in its entirety. They were good sports about the length of the assessment, so I might have been wrong twice in one assessment!  

When it came time to collect the follow-up data after 6 months of their Horizontal Mentor relationship, I figured if we already had the original assessment with the engagement questions, we might as well reassess with those exact same questions.

Here is what I learned:

The average executive improved their engagement score by 5% in 6 months!

This is fascinating for a variety of reasons. First, it shows that work engagement for executives is malleable, just like other employees. When we break down engagement into its components (emotional attachment, energy, camaraderie, and work fulfillment), it is clear how an executive can be impacted by these factors. Now let’s look at each component in a bit more detail. 

Emotional Attachment: We learned that executives, when talking with the same people, doing similar actions, and pursuing similar outcomes – over time – can reduce their emotional attachment to what they are working on.

Energy: We learned that executives need a break as well. When somebody spends too much time working on one thing and talking to the same people, they are eventually going to burn out unless something changes.

Camaraderie: We learned that executives need new, fresh perspectives in their world and if they aren’t seeking that out, they can’t appreciate the relationships they have at their own company.

Work Fulfillment: We learned that work becomes less fulfilling when executives are stuck in their own echo chamber, but becomes more fulfilling when they can learn about what somebody outside of their network (that they can relate to) is going through.

Second, it highlights how easy it is for an executive to get stuck. When first entering this executive Horizontal Mentorship program, their engagement scores weren’t alarming, but clearly there was another gear these executives simply weren’t hitting before their mentor experience.

Third, it demonstrates the need, and importance, for executives to have somebody that can see the forest from the trees and help them get outside of their bubble. Learning another’s perspective clearly sheds light on how executives can improve in their own world and gives them invaluable perspective. 

If you are an executive reading this article, you might be able to relate to some of the points brought up about engagement. You might feel that you are losing the emotional attachment to your work, starting to feel burnt out, appreciating those you work with less, or just not finding your work as fulfilling as you used to. 

If you can relate to any of those common feelings, that is great as that means you can start the process of doing something about it. And if those feelings seem alien to you, then that is normal as well. Most of the executives in our executive Horizontal Mentorship program never mentioned concerns with their engagement at work, but they showed improved engagement scores as well! 

The point is that executives should absolutely be monitoring their own engagement levels. Engagement, for executives, doesn’t typically become a conscious concern until it gets really bad. This is because of all of the economic incentives companies have for performance – e.g. “if I am making more money or creating more value for my shares of stock in the company then I can push through this without any help.” 

Everyone faces ebbs and flows of their engagement at work, and the engagement of executives is especially important because how executives treat their coworkers will ripple outward and impact the engagement of everyone they interact with. 

These engagement levels should be monitored and actions should be taken to enhance engagement because ignoring them only leads to work (and eventually personal life) getting worse.

As a Chief People Officer, I found the loss in having a leader to bounce ideas off, guide me in my continuous learning journey, and provide unique perspectives. 

Others now look to me to play this role, and I found myself seeking other channels to ensure I am not losing sight of my learning journey to continue to be a source of fresh perspective and insight for those that report to me and whom I mentor.  

I fear becoming a rigid HR professional who becomes obsolete and irrelevant. HR professionals can positively impact their organizations, resulting in a ripple effect that flows into an employee’s home life, communities, and personal interactions.  

When you look at the sphere of influence in total, it becomes quite large.  During a recent Friday conversation with a direct report in which he realized the power of an aligned purpose-driven organization, he exclaimed this was now a “Fired Up Friday.”  

What if every employee felt that way?  Can you imagine the incredible outcomes?  

As an HR professional, I want to continue to make “Fired Up Fridays” possible for everyone.  That is why the peer mentoring program intrigued me.  

After one conversation with my pair mentor, I could see the possibilities. I can see how our conversations will challenge and sharpen each other and keep our perspectives fresh. It is indeed a “Fired Up Friday”!

I lead an Executive Horizontal Mentorship Program and part of what I do is facilitate group sessions where all the executives come together to share their insights, questions, and thoughts on a new topic each session.
   

Our most recent group conversation focused on innovation and how we would like to become more innovative with our work. As with most meetings, I lay out the topic, but the executives can take the conversation in any direction the group chooses.

I hypothesized a few ways I thought the discussion would go. I expected it to revolve around people management. We would discuss ways to be a better leader, how to foster psychological safety with direct reports, or how to improve a specific skill and perform their role better (all of which are great topics!).

Instead, many of the group sessions went in a very different direction when discussing innovation.

In this case, the conversation revolved around priorities, balancing our values, and discussing what we find most important in our lives.

An exchange between two executives sticks with me: one executive mentioned, “If I spent time innovating in my family life like I do my work life, I would be much happier and have greater balance.”

To which another executive chimed in: “If you ask me for my priority list, I would say family comes first, then work. But, if you were to ask me the amount of time and emotional energy I put into my work compared to family life, it wouldn’t even be close to a relevant comparison”.

A third executive jumped in to reply: “But our work allows us to live the family life we want to have. But, I will admit that I struggle to enjoy my family time when the majority of my focus and energy is on work.”

This was a really interesting and unexpected direction for this conversation to go. There is a shift in work mentality from the old school bragging about how many hours one has worked in a week (the notion of asking about or even mentioning how many hours one has worked in a given week indicates this). Instead of leveraging the response of “busy” as the default response to ‘how are you?’, the mentality is trending where family life is starting to be conscientiously prioritized above work.

Based on this group discussion, we still aren’t there yet. But the fact that this stemmed from a conversation on innovation shows where we are headed: there is beginning to be a conscious push to have more balance between work and home.

The overarching question that arose from the discussion is “can we innovate in our work in a way that reduces the amount of time and emotional energy required to get the same amount of work done?” AND, instead of replacing that time with more work, can we instead divert that time and mental/emotional energy to family? 

The open question here is: can this be done?

Based on the feedback from the executives in this group meeting, yes, it can be done. People become more efficient and effective in their roles all the time. Whether through new technologies or improved prioritization of time and tasks, improving the efficiency of both time and mental inputs for work can definitely be accomplished without sacrificing work quality.

The second question is: if this can be done, why do we fill that extra time with more work versus family?

There is a natural drive to keep pushing the needle forward; it manifests as a growing fear that if I am not working hard, the next person in line could be working harder and eventually take my spot. 

This drive also leads to a natural tendency for executives to not fully celebrate wins, and instead simply move onto the next task. When we don’t give ourselves credit for hitting a milestone, we rob ourselves of the deserved reward that we crave for getting the job done. And the people around you notice this: “If my boss can’t take a break to reward himself for a job well done, why would I deserve a reward?” This might be motivating for some people in the short term, but eventually, that kind of ambivalence to success drains the satisfaction in a job well done. 

Lastly, most executives justify more work as an effort to help their families live better lives. A perfect example of this is from the television show Breaking Bad. If you haven’t seen the show, Breaking Bad follows a high school science teacher who is recently diagnosed with terminal cancer. After realizing that he can’t afford the treatment, he decides to start cooking and selling meth to cover the cost. He justifies sacrificing his time, his emotional well-being, and even his morals into this endeavor because it is going to be “better for his family” (something he determined without their input!). Eventually, he comes to realize that he was lying to himself: it wasn’t about supporting his family; it was about his greed masquerading as providing for his family. I doubt many of your situations will end quite as dramatically, but I’m sure many will recognize some familiarity with that example. 

Most executives don’t want an outcome like this! The fact that they are consciously aware that they are spending too much time and mental/emotional energy on work and not enough time on their family is the first step to creating more balance.

So the third question is: what can executives do to ensure that their newly found time and energy doesn’t simply get used with more work?

As executives, one way we grow our impact and scale our performance is by creating SOP’s (Standard Operating Procedures) for our team. So why can’t we do that for ourselves when distinguishing between work and life?

Oftentimes executives choose not to commit to this type of action because it “deters flexibility when emergencies happen”. And this is a fair point. But just like creating SOPs for a work team, you can build in caveats for emergencies. AND most executives know that this excuse is pretty flimsy: if there weren’t any SOP’s in other cases, inconsistency and quality control issues would be endless. 

Therefore, if we, as executives, don’t set SOP’s for when we are working versus when we are with family, then we are always working. Why? Because family time is a longer-term drive. There rarely are deadlines that occur with family time, but because work is typically filled with short-term deadlines, we prioritize those over the longer-term rewards from spending time with family. 

SOP’s help take the emotion out of the decision of how best to distribute your time. An SOP is like a computer; it will do what you tell it to do – no more, no less. If you are firm with your work and life SOP, you will not have to worry about circumstantial judgment calls. It either fits into your SOP or it doesn’t.

This is more like action 1A as it falls within the work and life SOP. Time with family is powerful. You could be doing absolutely nothing, but the fact that you are there with family is what counts. This sounds like an obvious point, but if it were so obvious, this article wouldn’t be relevant. It is easy to quantify work output and less easy to quantify family time output. You don’t earn “points” for attending your daughter’s soccer match or your son’s recital. You do it because it makes you happy. Even if you don’t have any plans on the docket for your family time, that isn’t an excuse for getting back into work during the time that you have already decided is for family. 

This is more like action 1B as it falls within the work and life SOP. Simply spending time with family is not enough for that time to be meaningful. Our executives clearly distinguished between both time and mental and emotional energy. If you are physically “with” your family, but you are mentally and emotionally “checked out”, can you really consider that time valuable?

Family time deserves as much mental and emotional intention as we are willing to put into our work. And it probably deserves more! 

If executives can begin to implement these actions into their lives, they will become substantially happier and aligned between their work and family time value system – at least according to our executives in our group meeting.

I was fortunate enough to be invited as a guest on the IBJ podcast a month ago to discuss the topic of the Great Resignation and why people are making career changes in droves. One of the consistent themes my fellow guest, Mandy Haskins, and I identified was how critical of a role that the manager plays in whether people stay or go.

One of the most important components for being a strong manager that engages their team and helps them feel connected to the work is their ability to have effective one-on-one meetings with their direct reports. 

This article is going to explain why having one-on-one meetings between managers and direct reports is so critical to being a strong manager. Next, I’ll present some tips on how to have effective one-on-ones and how you can assess the quality of those important meetings.

Gallup came out with research that identified that 70% of employee engagement variance is based on the relationship between the manager and that employee. The adage “people don’t quit jobs, they quit bosses” is absolutely true. And the best way to ensure that you are consistently connecting with and having a pulse on your people is by having regular 1:1 meetings with direct reports to understand their feelings about work and their own path within the organization.

A 1:1 is time taken between a manager and direct report to discuss updates between each other and their overall feelings about the work. However, not all managers treat these meetings with the same significance. Some managers define a 1:1 as a quick chat about upcoming tasks. On the other hand, some other managers create an agenda to discuss key components of the employee’s work, keep notes from previous conversations to follow up on, and share a vision for the employee (and have the employee share a vision with them) that includes their role in the organization and their role within the particular team or department. 

The problem here is that the difference between the former and latter examples of 1:1’s is vast: you simply can’t get a good read on the situation without putting in the work to have effective 1:1’s. So I wanted to take some time to identify what an effective 1:1 looks like, what you should be discussing, and how you can assess the value of those meetings over time.

An effective 1:1 is a meeting between manager and direct where report the manager has asked the direct report to share some updates about their work and tasks to the manager before the meeting has started (i.e., updates on goals, perceptions of task performance, team productivity, team cohesion, and feelings about their ability to help others without being asked - organizational citizenship). This key step gives the manager context on to what has been accomplished since their last meeting and how they are feeling about work from a high level.

When the manager and direct report meet, the manager has questions prepared to ask their direct report that will help the manager better understand any gaps between the manager’s perspective and the direct report’s experience. For example, consider a case where a direct report shared before the 1:1 that they are feeling a little down on their task performance this month. However, their manager feels that the individual did a fine job and didn’t notice any signs of lower task performance. Effective managers can learn more about the cause of this gap in perception by asking questions like these in the next 1:1 meeting:

·         What areas do you think you performed well this past month and what areas do you think you could improve?

·         What aspects of your work do you like most? How do they play into your strengths and vision for where you'd like to be?

·         How do you feel about your work and the people you work with?

·         What areas of your work would benefit from greater clarity from myself or other team members?

What is critical about the questions a manager has prepared for the conversation is that they are not simple yes/no questions, nor are they “why” questions. Yes/no questions are not as effective in a 1:1 because managing and understanding your direct reports requires some curiosity from the manager to get useful answers. Binary questions leave out the details that provide needed context and understanding between manager and direct report. 

“Why” questions are also not as effective in a 1:1 because they insinuate that something needs to be justified. For example, if the manager would have asked “Why do you think you performed poorly over the past month?”, the subsequent response involves backtracking and providing a justification for why they scored themselves the way they did. It puts the employee on the defensive and hampers shared understanding. It also disincentives’ employees from being honest in future conversations and doesn’t lead to any greater understanding between manager and direct reports. What/How/Who questions are much more effective for 1:1’s because they emphasize curiosity and help a direct report feel comfortable sharing an honest assessment of themselves, their team, and their experience.

Management simply doesn’t allow for some one-size-fits-all scientific solution. Management is more of an art that needs to be adjusted on a case-by-case basis to fit their direct reports, their work, and work culture. At Ambition In Motion, we have created a tool that helps managers better understand their direct reports’ core feelings about work over time (updates on goals, feelings about their task performance, feelings about the team productivity and cohesion, and feelings about their ability to help others without being asked - organizational citizenship) called AIM Insights. 

One thing we have found to be really effective with the tool is when we measure the correlation between the number of 1:1’s had and their employees’ change in responses month-over-month trends for those core feelings on work. When there is a positive correlation, that would mean that the more meetings that manager has with that direct report, the higher the direct reports’ scores are (which means they should have more 1:1’s with that employee). When there is a negative correlation that would mean that the content and quality of those meetings need to change to help improve that employee’s feelings about work.

Of course, there are other factors that can impact how an employee is feeling at work, beyond their relationship with their manager, so this can’t solve every challenge an employee is facing at work.

However, refer back to the Gallup statistic – 70% of employee engagement variance is based on the relationship between manager and direct report. Measuring this every month can help a manager find the right communication style and cadence that works best for each direct report. This, in turn, can help managers better understand their employees, improve their engagement levels, and increase retention. As the relationship between employees and employers continues to change and evolve, I’m sure that the “winners” of the great resignation will be the managers who adapt and thrive: they will keep their best employees, develop up-and-coming stars, and provide a prime landing spot for anybody that’s sick of the old paradigm.

Gallup has extensively researched the relationship between employee engagement and company profitability, and they showed that engaged employees are 22% more profitable than disengaged employees. 

The tides of the economy seem to be shifting, making this a time when it is even more critical to focus on culture and employee engagement. Many companies, especially private equity-backed firms, have responded by laying off employees rather than investing in them. I was curious to know, “Why are private equity-backed firms more prone to layoffs in a down economy compared to private or public companies?”

I reached out to my network to learn more. I interviewed multiple employees, leaders, and professionals working for private equity, and their consistent answer was that “They are seeking an exit – at any and all costs and that part of achieving an exit is showing numbers that your costs are down and revenues are up.”

Ryan, a former VP of Operations, was recently laid off from a private equity-backed firm. He proposed some ways for the company to consolidate its overlapping expenses. They loved the idea so much that after consolidating those expenses they consolidated him…and replaced him with a junior middle manager to take his role at a fraction of his salary. 

Don’t get me wrong, I am all for eradicating inefficiencies and driving profitability. 

But can the short-term focus of achieving an exit coexist with a thriving company’s long-term goals, especially when these goals require an engaged employee base with a great culture?

I would imagine that most private equity professionals land somewhere on this scale from unapologetic to compassionate. The unapologetic professionals don’t care about the people because revenue growth reigns supreme. On the opposite side, compassionate professionals care about building a sustainable business and invest accordingly. In between these two sides, many professionals will say all the right things but their actions will reveal whether their true focus is sales and reducing costs to show short-term metrics.

Another focus of my interviews was on the reputational cost. I was curious to know if there was any reputational risk for offloading a company that looks great on paper but is a dumpster fire internally. I'm envisioning a prospective investor checking something like a Carfax to find out if they are working with somebody that has a history of leaving others to hold the bag.

Unfortunately, I haven’t received any great responses so far. 

And until we have a way for companies to assess the reputational risk of how private equity firms treat their acquired companies' employees, there is nothing to stop these private equity firms from propagating bad cultures to dump onto somebody else’s plate.

The issue with all these scenarios is harm done to the people at these companies. Hundreds of thousands of professionals work for private equity-backed firms, not realizing how little security they have in their role or the value they have in the minds of the owners. 

Or worse, many professionals end up working for a company and feeling trapped because of economic worries or personal constraints. These workers end up miserable, and the whiplash effects from ownership changes only exacerbate these effects. Imagine starting with an executive team that cares about you (e.g. the founders), and suddenly you find out that the new private equity owners want 120% more revenue but for 30% less pay. These paradigm changes wipe away years of work building company culture and leave a hollowed-out company in their wake.

Research has shown how powerful investing in culture and engagement can be for profitability. But until we have a way to hold private equity firms accountable based on their reputation for either building great companies, inside and on paper, or mirage companies, great on paper but awful inside, it will be difficult for private equity and company culture goals to align.

At some point in your career, you will have to deal with a problematic colleague. Someone who is negatively impacting your day, having a bad attitude, or a detriment to your company's culture. 

Being able to maintain a valuable workplace culture is challenging when having to deal with a disagreeable teammate. Nevertheless, it will happen to just about everyone sometime in their professional career. Being able to shift away from this disruptiveness, promote a positive attitude and encourage your company culture identifies outstanding leaders. 

A pessimistic co-worker can be the cause of several problems affecting a wide variety of professionals. A defeatist attitude can impact productivity, teamwork, communication, and morale within a company in addition to personally affecting team members' mental health and work-life balance. If you notice a colleague with a consistently unfavorable attitude, it is important to address it to minimize the disruption and reduce the impact of their demeanor. Focus on open communication and balance to help foster a healthy and comfortable work environment for everyone. 

Dealing with a supervisor or subordinate with an unpleasant attitude is strenuous, but dealing with a negative peer presents a whole new challenge. Superiority and titles no longer impact the relationship, one of you does not directly report to the other one, but collaboration is crucial. Understanding a discouraging or disruptive coworker is exhausting but here are some tips that may help you better conduct a beneficial relationship with a fellow employee that has a poor attitude:

Although it may be challenging, it is crucial to keep an optimistic attitude when dealing with a difficult coworker. Even if this colleague is not your superior or subordinate, they may still learn from the work environment you are fostering compared to theirs. Being able to successfully lead people and create a warm and welcoming culture demonstrates your leadership and attitude. Being able to lead by example and exhibit a positive attitude changes the dynamic, especially when you need someone's cooperation to finish a project or meet a deadline, ensuring you are maintaining a positive attitude is important. 

2. Practice empathy

We all can get caught up in emotion. Being empathetic and working to understand where a peer's attitude stems from. Nothing can create an adverse environment like an uncooperative and adverse leader. When working in a professional environment, consider perspective vs. intent, and take a closer look at what the situation may be. You may understand a workmate to be abrupt or hasty but, maybe they have another meeting to attend. Examining a situation from the other's point of view and being able to further break down your perception of someone's attitude and actions compared to the intent behind it will help you understand how to best move forward in dealing with a teammate you perceive as hostile. 

3. Offer constructive feedback 

While it may be awkward, getting feedback is what allows us to professionally grow. Professionals may have an unpleasant attitude but do not realize how they present it, how they communicate, and how they disrupt the culture and attitude of others in their company. Work on cultivating a culture that embraces mistakes and allows employees to grow through feedback. Being able to effectively communicate constructive feedback is a great skill for all leaders. In preparing to give constructive feedback, be sure to consider timeliness and be specific in your feedback so they know exactly what they are doing that portrays them as uncooperative. It is also important to find a balance between criticism and appreciation for the work they do and ask if they have any feedback for you. Requesting feedback for yourself is crucial because not only does it allow you to grow, it creates a conversation between the two rather than a scolding of the person with a poor attitude. If this seems too overwhelming, consider talking to human resources and seeing if feedback can be worked into a performance review. 

4. Focus on self-care 

When working with a resistive colleague, be sure to take time to focus on keeping up your positive outlook to foster a productive work environment and, celebrate the small success within that relationship. Working with a troublesome coworker slowly damages your resilience and patience. It is crucial to take the time and recuperate and rebuild so you can put your best foot forward in maintaining a positive attitude and encouraging the company culture you would like to see. Some steps you could take to focus on your self-care could be setting work boundaries to make sure this doesn’t affect your personal life or setting transition times before or after your meetings with this team member to debrief and decompress. Build time into your day to do whatever will help you realign after working with this challenging teammate. 

5. Seek mentorship  

Dealing with a negative attitude can be emotionally draining. Finding a mentor who has had similar experiences that will be able to provide specific advice and guidance can help you maintain your productive attitude and continue to foster the workplace environment you want to have. To avoid gossip, seek connection with professionals outside of your company in a horizontal mentorship program to learn how others in the same position are dealing with problems similar to your own. 

When working with a frustrating peer, it is important to maintain professionalism, gossip is inappropriate in a professional environment. However, being able to vent about these problems is a great way to release some frustration. Consider reaching out to your company's human resources department, you can request an off-the-record meeting, and explain you do not want to have this person notified but just need someone to talk to about the situation. 

Remember that moving on from a difficult co-worker takes time and effort, do not expect to see changes overnight, stay focused and committed to maintaining your optimistic attitude and fostering a productive and healthy work environment for those around you, and do not let others' negativity hinder your happiness. 

The atmosphere of a small consulting company shifted as Mark, the VP of Sales, walked into the conference room with a determined look on his face. He had just finished a call with a big prospect, who expressed frustration over the lack of personalized service and the impersonal nature of recent interactions. This wasn't the first time Mark had heard such feedback, but today, it hit him harder than ever. The constant cold calling and transactional nature of their sales approach were no longer cutting it. Something had to change.

Mark had long relied on traditional methods of sales outreach. Cold calling had been the backbone of their strategy for years. But with the rise of technology and changing customer behaviors, fewer and fewer prospects were answering calls from unknown numbers. Mark knew it was time for a new approach, one that would not only capture attention but also build lasting relationships.

One evening, while attending a business conference, Mark found himself in a conversation with Laura, an influential business leader known for her innovative networking techniques. Laura introduced Mark to the concept of executive mastermind groups. These groups, she explained, were designed to bring together like-minded professionals to share insights, solve problems, and build meaningful connections.

Intrigued by the idea, Mark began to envision how such a group could transform his own company's approach to sales. He realized that building genuine relationships through structured networking opportunities could not only enhance client satisfaction but also drive long-term business growth.

Cold calling had been a staple in sales strategies for decades. However, the effectiveness of this method has significantly declined. With people becoming increasingly protective of their time and privacy, answering calls from unknown numbers has become a rarity. This shift in behavior highlights the need for more innovative and effective networking methods.

Relational selling focuses on creating and nurturing long-term relationships with clients. Instead of viewing each interaction as a transaction, relational selling emphasizes understanding the client's needs, providing value, and building trust. This approach aligns perfectly with the concept of executive mastermind groups, where the primary goal is to foster deep, collaborative relationships.

Determined to make a change, Mark decided to implement executive mastermind groups within his organization. Here’s how he did it:

One of the pivotal aspects of executive mastermind groups is the emphasis on fostering a collaborative environment. This collaborative spirit is crucial for several reasons. Firstly, it allows for the sharing of diverse perspectives and experiences, which is invaluable in today’s fast-paced business world. When professionals from various industries and backgrounds come together, they bring unique insights and solutions to the table. This diversity of thought leads to more innovative ideas and approaches, helping companies stay competitive and ahead of industry trends.

A collaborative environment builds trust among members. Trust is the cornerstone of any successful relationship, and in the context of mastermind groups, it enables open and honest communication. Members feel comfortable sharing their challenges and seeking advice without fear of judgment. This openness not only strengthens the bond between members but also leads to more effective problem-solving. When trust is established, members are more likely to offer genuine support and constructive feedback, creating a safe space for personal and professional growth. 

By nurturing a collaborative environment, mastermind groups become more than just a networking tool; they become a powerful engine for sustained growth and innovation, driving both individual and organizational success.

The introduction of executive mastermind groups brought about significant positive changes for Mark’s company. Here are 5 key benefits:

2. Increased Knowledge Sharing: The diverse backgrounds and experiences of the group members resulted in a wealth of knowledge sharing. This collaborative environment fostered innovation and helped members stay ahead of industry trends.

3. Improved Business Performance: The mastermind groups provided a platform for members to discuss challenges and brainstorm solutions. This collective problem-solving approach led to improved business performance and growth.

4. Expanded Network: Members gained access to an extensive network of professionals, opening doors to new opportunities and partnerships.

5. Personal and Professional Growth: The mastermind groups offered continuous learning and development opportunities, contributing to the personal and professional growth of each member.

Two years after the implementation of executive mastermind groups, the landscape at the small consulting company transformed. Mark's decision to shift from cold calling to relational selling through these groups had paid off immensely. Client satisfaction was at an all-time high, and the company experienced significant growth in both revenue and reputation.

Reflecting on the journey, Mark realized that the key to success lay in the power of relationships. By embracing innovative networking methods and focusing on building meaningful connections, he had unlocked new potential for his team and his company. The era of cold calling was behind them, and a new era of networking had begun.

In the end, it was the ability to adapt and embrace change that made all the difference. Mark's story serves as a testament to the power of relational selling and the transformative impact of executive mastermind groups. For business leaders looking to stay ahead in a rapidly evolving landscape, the message is clear: invest in relationships, and success will follow.