Are you setting New Year’s resolutions and growth targets for your business? It makes sense when setting targets to consider ‘how to’ strategies for maximising your effort. Here are 5 that I believe should be a priority for every business in 2016…
1. Deliver results not just solutions
Against the major ‘globals’ most businesses will never win on price. That’s because in a global marketplace there are some very big players who can, and do, undercut. It stands to reason that a business competing for the same market would have more success focussing on results for the customer – high satisfaction, service and reliability – across the value chain. When your customer sees that your approach is likely to deliver better, measurable results than the competition, they’ll be able to see beyond price.
2. Build leadership capability among younger people
Older workers will be retiring over the coming decade resulting in a loss of leadership capability. We need to embrace and fast-track emerging leaders to fill this gap before it occurs. Young leaders will be operating in a different business and world context than their predecessors so you will need to consider new ways to develop them – a training approach probably won’t be effective.
3. Build on strengths through coaching and mentoring
We can be taught just about anything but we are most engaged and productive when doing the things we enjoy and where we can demonstrate proficiency. As more business is conducted in a global economy, businesses will employ more highly mobile professionals and telecommuting strategies. Making a commitment to electronic tools to develop talent and coach team members regardless of their physical location will enable team members to learn on their own schedule and get on-demand support.
4. Create a collaborative culture
Effective decision-making in complex or complicated situations requires the mobilisation of shared leadership around that particular situation. By recognising that collaboration is fundamental for the future, the role of the positional leader shifts from being the decision maker to being the decision process facilitator perhaps as a coach or even as a communication consultant. Learning ways to facilitate a collaborative culture should be high on your priority list.
5. Think big, think positive, think strategic
Shallow or negative thinking is unlikely to lead anywhere good. So, in 2016, your big ‘how to’ strategy could simply be to think differently…to spend time being creative, pondering ambitious goals, focus your thoughts longer than you might otherwise have done, ask one more ‘why’ question (or ‘why not’), get others thinking with you (or for you)… 2016 could be a very big year!
AsiaAus Leaders offers coaching and mentoring packages on any and all of these priorities, so if you’re keen to make 2016 your best year yet, make contact with us.