Blog
Effective teamwork: The All Blacks
The All Blacks rugby team has become synonymous with sporting excellence and commitment. They aim to demonstrate that their passion for the sport is unrivalled and intrinsically linked to the culture of New Zealand. However natural they may want this bond to seem, their success is not only due to a national obsession but is developed in their team philosophy and training…
Will your current organisational structure allow sustainable growth?
If you want your business to evolve and improve, an efficient organisational framework must be in place to allow this. Proper consideration must be given to what will best suit your company and how this can be established. Structures that emerge organically can often be far from ideal, although they may seem to have developed to suit existing processes. Issues that could arise include:
Have you considered that the wider impact of your business may be a key factor in attracting potential stakeholders?
Patagonia have become a recognisable and well-regarded company in the outdoor clothing market. Since 1985 they have pledged 1% of their sales to the ‘preservation and restoration of the natural environment.’ They use this money to fund groups internationally who look to preserve the ecological balance in their local areas…
Does your business resonate beyond the service or product you provide?
Unless your offering is unique or particularly outstanding, you cannot simply rely on this to attract potential stakeholders. Where offering a solution might once have been enough, it is increasingly important to create an emotional connection that will differentiate you from the competition…
Have you taken into account how the disruption of the past year may have affected your data?
2020 certainly presented an array of unforeseen challenges for businesses, and 2021 looks likely to have tests of its own. It’s important to stay positive, and not be too hard on yourself.
The data you’re looking at may not show the progress you would have wanted, but it’s necessary to factor in the difficulties and adjustments you have had to make. To have survived a period of such great financial uncertainty is an achievement in itself…
Is a sufficient understanding of data present across your organisation?
Working with data can seem daunting for some business leaders who feel inclined to delegate these tasks to their financial department. This may appear sensible but can lead to a lack of proper understanding across the company. Knowing the numbers, and why they’re relevant is important for everyone, so a collective direction and motivation can be achieved…
Do you have strong cooperative relationships with your suppliers and partners?
Riverford Organic Farmers deliver seasonal recipe boxes to the door. As a company, Riverford demonstrate the importance of nurturing supplier relationships that are mutually beneficial.
Founder Guy Singh-Watson prides himself on building long-term partnerships with his suppliers. In an industry where harvests are weather dependent, and therefore volatile, having shared trust between buyer and seller is vital for productive business…
Are your stakeholder relationships genuinely reciprocal?
Working with people who align with your values is essential to running a successful business. Leaders should always keep their future vision in mind and cooperating with stakeholders that match their company culture is part of this...
The importance of mission coherence
Having mission coherence is vital to effectively carrying out a plan. This was demonstrated by the Dunkirk evacuation in 1940.
With the Allied forces penned in by German advances, the situation seemed dire. Britain would lose its army, providing the Nazi cause with the tangible vision of victory. The Allied troops would have to be evacuated by sea...
Do you have the optimal strategy in place for your business moving forward?
Many new companies start out when an entrepreneur sees a gap in the market, having the foresight and drive to exploit it. However, mission coherence represents a move away from opportunism to a more structured plan, as the business becomes more established…
What is your preferred way to create momentum?
It is testament to his success that Jürgen Klopp has admirers even amongst the greatest rivals of Liverpool FC. His commitment to reinstating the club to its former glory has impressed many, not just because of its undeniable results, but also because of the way he has inspired belief from his players, the supporters, and the club hierarchy…
Have you considered that way you present a vision may be just as, if not more, important than the detail?
Being able to visualise the future is probably the essential element that all leaders need to have. A vision is vital to progressing productively, it’s an aim that is both constant and consistent. Having this target can unify a group of people, guiding their separate efforts in one cooperative direction…
Are you accepting inadequate aspects of your business operations?
Assessing the effectiveness of your operations can be great way to embrace the plateau by utilising the calmer periods of your business calendar…
What do you want to be famous for?
When embracing the plateau between periods of business growth, it is important to consider what makes your organisation attractive to work with, and what could make it even more appealing. Take some time to objectively consider your brand; what should be iterated or evolved?…
You may have the data, but can you do the math?
Financial competency is skillset that should be found throughout a successful business. A real and present danger is that in limiting this understanding exclusively to the financial department, they may have too much influence on decision-making…
Do you take the time to appreciate your stakeholders?
Many leaders operate in an ‘achieve and reset’ mode; when a goal is achieved it is instantly replaced with a new one. This may seem the most productive way to function, but it can squeeze out the processes of recognition, reflection, and understanding…
Do you sufficiently consider the past to strategise effectively for the future?
Understanding where your goal and your path to it does not exclusively require forward-thinking; analysing the past is a vital tool for shaping the future. A relentless drive for improvement may feel like the most productive way to operate, but periods of calm and reduced growth can be utilised to strategise – embrace the plateau…
Are the leaders you need for 2021 waiting to be found in your business?
Organisational growth can be restricted by a lack of proper leadership training and development…