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Archive for February, 2012

Entrepreneurs: Culture is Your Sustainable Edge

Thursday, February 9th, 2012

As an article on in Forbes points out, your culture is the only part of a company that can’t be duplicated and is, therefore, your biggest and most sustainable asset—if you take the time and invest the energy to make it more than great-sounding words.

While the article doesn’t break new ground it did offer up a great image bite that may resonate with you.

All music is made from the same 12 notes. All culture is made from the same five components: behaviors, relationships, attitudes, values and environment. It’s the way those notes or components are put together that makes things sing.

It points out that the reason that culture can’t be duplicated is context, meaning that two people arranging the same components will have a different result.

That’s because context = MAP (mindset, attitude, philosophy™) and there is not such thing as two people with the same MAP.

Even identical twins won’t have identical MAP because MAP is the result of perception, not just experience.Close-up of painted musical note on wood

The problem is building a culture that sings, whether concerto, R&B, pop or rap, takes effort, entrepreneurs are always in a time crunch and culture gets pushed to the back burner.

When that happens just remember that when reality requires you to pivot, when success requires you to staff up quickly, when the bugs surface or your competition is killing you the strength to overcome will be found in your culture—or not.

Flickr image credit: The-Lane-Team

Facebook is NOT Your Friend

Wednesday, February 8th, 2012

2391747442_eaedaa1ff4_mUnless you’ve been living on another planet or alternative reality you’ve heard that Facebook is going public.

Facebook loves to position itself as users’ friend, with only their best interests at heart.

In his founder’s letter Mark Zuckerberg said “We don’t build services to make money; we make money to build better services.”

Huh?

There is far more truth in the editorial comment, “This also seems disingenuous considering that Facebook’s biggest triumph is to help advertisers by mining user data to target ads and to train them to treat corporate brands like friends.”

The exception is the 845 million people who log in on Facebook’s mobile app, “We do not currently directly generate any meaningful revenue from the use of Facebook mobile products, and our ability to do so successfully is unproven.”

But I’m sure they’ll find a way.
How much personal data does Facebook collect?

Consider the disk sent to Max Schrems, a 24-year-old law school student, a Facebook user since 2008, who is spearheading a protest against “Facebook’s illegal practices of collecting and marketing users’ personal data, often without consent.”

The disk contained 1,222 pages of information.

That’s a very rich vein of ore for any marketer to mine.
Privacy is a far bigger deal in Europe.

Europeans demand more privacy than Americans and the EU is far more willing to enforce that desire than the financially beholden US Congress.

That makes international monetization more difficult.

The drive for monetization underlies everything Facebook does—but that’s not what’s bad.

What’s bad is their pretense that it isn’t true.

Facebook as a social force isn’t going away, but you would be wise to remember that Facebook is not your friend.

Flickr image credit: marcopako 

Ducks in a Row: Loneliness

Tuesday, February 7th, 2012

Way back in 2006 Tom Rath wrote a book called Vital Friends, in which he discusses the vital role friends play in our overall health, happiness and well-being.

“A vital friend could halve your chances of dying of heart disease; speed healing; and reduce your chances of getting cardiovascular disease, osteoporosis, arthritis, Type 2 diabetes, Alzheimer’s, and certain cancers.”

Now fast forward to 2012 where for many loneliness is rampant in spite of having dozens, hundreds or even thousands of Facebook friends and a similar number of followers on Twitter.

The isolation that is a hallmark of loneliness impacts people at work; after all, human emotions can’t be turned on and off like water faucets and some researchers are finally focusing on that.

Executives and managers might be surprised to learn that employees who have best friends at work are seven times more likely to be engaged in their jobs — and, if they have at least three vital friends at work, 96% more likely to be satisfied with their lives.

Loneliness is easily fixed, unlike depression (they are not synonymous)—all that is required is a friend.

This is important to you as a manager, since loneliness affects productivity and creativity.

What can you do?

  • Encourage better communications.
  • Provide an avenue for your people to connect in a relaxed atmosphere, whether at work or a more social get together.
  • Create a buddy system as part of your on boarding efforts.

But the most important action you can take is to pay attention to your people and not assume the problem will fix itself.

Flickr image credit: zedbee

February Leadership Development Carnival

Monday, February 6th, 2012

Can you believe it? January is gone, the Super Bowl is over and the Giants won (hooray)!!!!!!!!!!!! Also, it’s the first Monday of the month, which means it’s time for the Leadership Development Carnival. Last month a reader wrote me and asked if I really thought anyone had time to read all the Carnival posts. I agreed that it was unlikely, but suggested they are the perfect length when waiting for commute transportation, a meeting to start and, of course, bathroom reading.

With that in mind, let’s get right to the main event.

Wally Bock presents Fundamental Advice for a Young Leader posted at Three Star Leadership, saying “Noah Lomax asked me for ‘fundamental advice’ for a young leader. Here’s my best shot.”

Anne Perschel presents Manager or Leader – Which One is More Important? posted at Germane Insights, providing a case study and a story of two men, one is seen as a leader, the other as a manager. Which one is more important?

Tanmay Vora presents Fostering Autonomy in a Team: 7 Lessons posted at QAspire. People do their best work when they are “intrinsically motivated” and one of the most important intrinsic motivator for people is autonomy in work. This post outlines 7 lessons learned in building a self organized team.

Jesse Lyn Stoner presents No More Boring Meetings, Please! posted at Jesse Lyn Stoner Blog. The purpose of a team meeting is to create and tap into the collective wisdom. Holding a meeting to share information is not a good reason to meet. This post lists 7 good reasons a team should meet and 3 tips to determine whether a meeting is necessary.

Mary C Schaefer presents 3 Things Great Leaders Know About Managing Change posted at Lead Change Group Blog. Mary reminds us to appreciate resistance to change and to give people adequate time, tools and resources to prepare for change in order to give our organization the best chances for success.

Sharlyn Lauby presents The Inevitable Shift from Jobs to Skills posted at HR Bartender. Superb post about what is perhaps the most important issue of our time across the globe.

David Zinger presents 8 Powerful Approaches to Create Meaningful Employee Engagement posted at David Zinger Employee Engagement, providing an outline of how to weave meaning into work.

Lynn Dessert presents Have Performance Reviews run their course? posted at Elephants at Work, asking do Performance Reviews deliver their intent or has process gobbled them up?

Miki Saxon presents Ducks in a Row: Titles—Silly or Serious? posted at MAPping Company Success. It’s the report structure that moves new CXO titles from silly to serious.

Chris Edmonds presents Plot Your Path to Ethical Behavior posted at Driving Results Through Culture. His post was prompted by the World Economic Forum session in Davos, Switzerland last week. The founder, Klaus Schwab, was quoted as saying that the global economic crisis was prompted by excesses – and that the Davos session would focus on ethics and moral behaviors by economic and political leaders to serve society more fairly. His focus in the post is that ethical behavior starts with each of us, and by following a simple ethics check we can “hold our heads high” at the end of each interaction, each day.

Robyn McLeod presents 7 questions you must answer to strengthen your great idea posted at Thoughtful Leaders Blog. A client shares a set of powerful questions from the R&D world that will resonate with anyone who wants to get their great idea the attention it deserves.

Steve Roesler presents Where You Decide To Perform Matters posted at All Things Workplace. Everyone is talented in some way. Whether or not you are a star depends on where you choose to perform.

David Burkus presents The Least Important Question in Leadership posted at The Leader Lab. Won’t spoil it here – but the post is really about the question behind that question. Curious now?

Dan McCarthy presents A Performance Management Model posted at Great Leadership. Dan has developed A Performance Management Model as a follow-up to his recent “Are You Managing or Just Nagging?” post. Check it out and see which quadrant you’re spending time in: Managing, Avoiding, Nagging, or taking a well deserved Vacation.

Jane Perdue presents 5 reasons it’s OK to say “no” posted at LeadBIG. Telling people “no” doesn’t make you unlikable. Failing to say “no” when it’s appropriate to do so makes you a doormat. And the really ugly kicker here is that saying “yes” doesn’t necessarily make you likeable.

Nick McCormick presents Hiring People that Fit Your Culture posted at Joe and Wanda on Management. The key to hiring good people is to hire those that embody the unique attitudinal characteristics of your organization.

Anna Farmery presents Why Predictions Are Not Just For Christmas! posted at The Engaging Brand. Leadership is not about predicting what will happen; it’s about being prepared for what might happen, which means being open to diverse opinions on that very topic.

Jennifer V. Miller presents 7 Questions That Help Conversations Move Forward posted at The People Equation. If you are having the same conversations over and over with your employees, you’re probably having the wrong conversation. Here are seven ways to get unstuck from the “conversational mud”.

Guy Farmer presents If You Don’t Have Something Nice to Say… posted at Unconventional Training. Many leaders miss a golden opportunity to lead more effectively when they don’t communicate in a nice way.

Chase Dumont presents What is Leadership? The Definitive Answer posted at Chase Dumont, Rainmaker. Rulers, philosophers, and corporate middle managers have been defining and redefining leadership for millennia. In this post, Chase outlines 8 keys to leadership, with concrete examples to arm you with an unbeatable – and practical – understanding of how to lead.

Mary Jo Asmus presents 20 Things To Stop Waiting For posted at Mary Jo Asmus. A checklist of actions leaders do to create positive change.

Scott Eblin presents Is Being the Go-To Person Holding You Back? posted at Next Level Blog. Being the go to person is a great thing for leaders to be until it’s not. In this post, Scott Eblin offers tips and a video coaching segment for leaders who want to shift from being the go to person to someone who build teams of go to people.

Erin Schreyer presents A Loss for the Broncos, A Win for Tebow’s Leadership posted at Leadership. Life. Legacy. Whatever your opinion on his beliefs and the way he shows them, Tebow demonstrates 4 solid characteristics of leadership that are worth reflecting on.

Image credit: Great Leadership

Quotable Quotes: Anna Freud

Sunday, February 5th, 2012

181247237_329ae9df31_mAnna Freud, daughter of Sigmund, followed in her father’s footsteps only her focus was children. Her insights, however, apply to people of all ages.

She reminds us to look first to ourselves, instead of others, when the going gets tough, “I was always looking outside myself for strength and confidence but it comes from within. It is there all the time.”

She warns that while dreaming is enticing, it lacks substance and will not sustain us, “In our dreams we can have our eggs cooked exactly how we want them, but we can’t eat them.”

She teaches no matter how well we plan, we shouldn’t ignore the things outside it, Sometimes the most beautiful thing is precisely the one that comes unexpectedly and unearned.

She chides us for our outlandish expectations, “If some longing goes unmet, don’t be astonished. We call that Life.”

And, finally, she provides hope, “Creative minds have always been known to survive any kind of bad training.

Flickr image credit: Carla216

Expand Your Mind: Did You Know?

Saturday, February 4th, 2012

Certain subjects have been discussed and debated constantly over the years; today’s links are updates on four of them.

The first looks at the very sensitive subject of job, creation, loss and outsourcing, using Apple as its case study. (You may also find this op-ed companion piece of interest.

“All these new companies — Facebook, Google, Twitter — benefit from this. They grow, but they don’t really need to hire much.” –Jean-Louis Gassée

In particular, companies say they need engineers with more than high school, but not necessarily a bachelor’s degree. Americans at that skill level are hard to find, executives contend. “They’re good jobs, but the country doesn’t have enough to feed the demand.”

Then, of course, there is the ongoing debate on the effectiveness of managers; it started around the time the first hunting party organized to go after a wooly mammoth.

“It’s very tough to believe that there are such wide differences in management out there.” –Raffaella Sadun, assistant professor at Harvard Business School.

(Only someone who has never been in the workplace could make that statement with a straight face.)

The list of companies, not to mention executives, that have crashed and burned as a result of their lies is extensive and very public, while the number that are more or less opaque is uncountable. Is there truly a benefit for those that practice candor?

“In fact, the share prices of survey companies in the top quartile of CEO candor outperformed companies in the bottom quartile by 31%. For nine of the past 10 years, top-ranked companies have outperformed bottom-ranked companies on average by 18%.”

Finally, a disturbing look at the meritocracy called Silicon Valley.

“Silicon Valley is indeed a meritocracy for those to whom these criteria are not hurdles. But others—the blacks, women, and Hispanics whom it overlooks—find it an elite private club from which they are excluded.” –Vivek Wadhwa

(Hat tip to Emanio CEO KG Charles-Harris for sending this to me.)

Flickr image credit: pedroelcarvalho

If the Shoe Fits: Wave Deafness

Friday, February 3rd, 2012

A Friday series exploring Startups and the people who make them go. Read all If the Shoe Fits posts here

5726760809_bf0bf0f558_mLast year I wrote about Tony Hsieh’s approach to employee empowerment, featuring some great quotes from him.

As I said then, the thing that sets Hsieh apart is security.

Hsieh is comfortable in his own skin; secure in his own competency and limitations, so he doesn’t need to be the font from which all else flows.

Entrepreneurs can learn from this.

Startup hiring usually comes in waves as the company progresses.

While most founders will listen to their initial team and first few hires, those hired later often find it difficult to get their ideas heard.

Unfortunately, this behavior often sets a pattern, with the ideas and comments of each successive wave becoming fainter and fainter and those employees less and less engaged—and that translates to them caring less and less about your company’s success—call it wave deafness.

Wave deafness is costly.

Costly in productivity and passion, but even more costly in lost opportunities.

As Hsieh points out, there is no way he can think of as many good ideas as are produced if each employee has just one good idea in a year.

And not just from certain positions. I never heard of a manager, let alone a founder, admit to hiring dummies for any position, no matter the level.

So if you hire smart people and don’t listen to them, who is the dummy?

Option Sanity™ rewards creativity.

Come visit Option Sanity for an easy-to-understand, simple-to-implement stock process.  It’s so easy a CEO can do it.

Warning.

Do not attempt to use Option Sanity™ without a strong commitment to business planning, financial controls, honesty, ethics, and “doing the right thing.”
Use only as directed.
Users of Option Sanity may experience sudden increases in team cohesion and worker satisfaction. In cases where team productivity, retention and company success is greater than typical, expect media interest and invitations as keynote speaker.

Flickr image credit: HikingArtist

Entrepreneurs: the Magic of ‘But Me’

Thursday, February 2nd, 2012

Are you familiar with the power and choices of ‘but me’?

Don’t kid yourself, ‘but me’ is what makes the world go round.

‘But me’ is why people get married; fly in a plane; text while driving; rob a bank or a myriad of other actions—both good and bad.

Heck, if it wasn’t for ‘but me’ they probably wouldn’t even get out of bed.

It is ‘but me’ that feeds the roots of entrepreneurism—from the hobbyist who dreams of turning passion into enterprise to the serial entrepreneurs on their umpteenth startup.1193386857_3ae53574f2_m

It is ‘but me’ that turns wishes into reality.

All I can say is, “Long live ‘but me’!”

Flickr image credit: John Haslam

Salary Entitlement

Wednesday, February 1st, 2012

Northern California startup land is once again the Golden State for new grads—especially those with a strong sense of entitlement.

And I do mean golden.

Lattice Engines, a small San Mateo startup, where she makes “near the top” of the company’s $80,000 to $130,000 range for an entry level product manager, plus equity.

Notice that the young woman is not a techie, so her salary isn’t pay for (supposedly) hard to find programming skills.

Granted I’m no longer in the front lines of hiring, but I’m still going to stick my neck out and say that no new grad is worth that kind of money—not even programmers.

Why?

Because there is so much more to working than what was learned in class. Stuff like

  • you may not know as much as you think, let alone everything;
  • experience matters;
  • understanding that while screwing up your own work is bad it can wreck the project and damage not just your team, but even the company;
  • not only being present, but also productive five days a week, 12 months a year;
  • being engaged every day all day—no cramming just before evaluations;
  • no spring or winter break or summer vacation (it’s a different rhythm); and
  • many other mundane things

In other words, it’s a different world, with different rules and different measures.

Further, new research is showing that entitlement kills innovation and for a new grad to believe they are worth a six figure salary plus equity compensation package is definitely entitlement.

I’m not saying that they aren’t assets or that they won’t contribute significantly, just that it wouldn’t hurt if they proved themselves first.

Can you imagine the impact on their productivity and creativity if their annual raise is meager, let alone justifying that salary if they change jobs?

There is a world of difference in the skills of someone with one year of experience, let alone five or more.

The problem is that by the time that truth is learned they are no longer entry level.

Flickr image credit: Jeff Wilcox

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