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In this episode of ReEnergize, Steve takes the listeners through five key steps that will help keep you headed for success in the future even when things aren't working out in the present. First, stay true to your purpose--this may even involve finding your purpose if it is still unclear. The wide variety of voices and chaos in the world can cause you to lose your focus, so learn how to turn off these distractions. Next, focus on value both within your business and your personal life. As you try to find order and strategy, it is important to be patient with both yourself, those around you, and your company, which means that it is not just okay, but necessary to shift certain timelines. Finally, Steve advises that you need to give your strategy the same attention and rigor as your daily operations. By implementing these five guidelines, we can not only be successful in the future, but learn to embrace the storms we are facing in the now.
In the past couple of episodes, we discussed both the benefits and challenges that come with entrepreneurship and startup companies. In this episode of ReEnergize, Steve picks the brain of Michelle Yu, former HR executive turned Coach, Trainer and Human Capital Consultant. After spending a decade working in technology, VC/PE firms in various HR capacities, Michelle knows what makes people work well in business and how businesses can better serve their people. She coaches ambitious high achievers to move past overwhelm, burnout, and stagnation so they can thrive both personally and professionally. Tune in to hear her thoughts, experiences, and advice, as well as her journey leaving the corporate world to start her own practice.
https://www.michellekyu.com/
Much like entrepreneurship, the reality of startup companies is frequently misconstrued. While working in a startup company can be exciting and new, it requires risk, hard work, and adaptability. In this episode of ReEnergize, Steve shares the knowledge he has gained through his experience with startup companies to reveal the truth behind them. Unlike corporate jobs, startup companies require employees that are willing to do a variety of tasks and wear multiple different hats for the success of the company. While this may seem scary, it can allow employees to explore fields and grow tremendously, while also becoming part of a small, close-knit team. Though startup companies are not all fun and games, the culture can be lively and effective. Learn not only about the many factors that make up startup companies, but how to apply similar culture into larger, older organizations.
While entrepreneurship is rewarding, the way it is portrayed in the media today can often be very misleading. In this episode of ReEnergize, Steve explains the truth about what being an entrepreneur really takes. What may appear as a life of luxury is actually a constant grind that requires an incredible amount of hard work and motivation--it can be draining. So what makes it worth it? Steve shares his insights on how to get started, what keeps him excited and motivated, and how to pursue your entrepreneurial ambitions while maintaining balance in your life. Entrepreneurship can be intimidating and requires difficult trade-offs, but can pay off tremendously when done with purpose and reason.
Implementing strategy is not simply setting goals and laying out steps to achieve these; rather, it is an entire cultural shift. In this episode of ReEnergize, Steve explains the necessity of accountability and gives insight on how to achieve such an environment. In the last episode, we discussed the importance of keeping every employee informed and committed to the strategy. Without accountability, employees cannot be aligned or motivated, making strategy impossible to implement successfully. Steve dives deeper into how things such as the "return and report" method, technology, and finding a balance between complete freedom and micromanagement can help train members of all levels of an organization stay focused and engaged. Learn the difference between responsibility and accountability, and how they work together to make strategy and transformation stick for both your business and your personal life.
Last week we discussed the importance of making changes within your organization, but doing so effectively is often difficult. In this episode of ReEnergize, Steve explains key factors to implementing change that will stick within your organization. One of the biggest obstacles preventing changes from taking hold is lack of employee understanding and buy-in. Tune in to learn how to make sure employees not only understand the strategy, but are aligned and motivated to execute and move the strategy forward. By extending empathy to your employees, communicating through both your words and actions, and monitoring and celebrating progress, transformation becomes exciting and effective rather than intimidating and difficult.
Support the showUnder the current circumstances of the COVID-19 pandemic, businesses all over the world have been forced to make drastic changes to their processes and models. In this episode of ReEnergize, we break down the importance of revisiting your strategy to guide your organization through the short term as well as the long term. It can be easy to make quick adjustments to an organization in order to survive in uncertain times, but too often businesses make changes that only work in the present or near future. By revisiting strategy, organizations can make decisions that will not only help them succeed in the short term, but will create advantages and allow for growth in the future. Steve explains the necessary (and damaging) transformations and pivots that must be considered when changing operations that can determine the future of an organization to not just make it through difficult circumstances, but grow and thrive as time goes on.
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In last week's episode we discussed the current technology pivot and the benefits that can come by implementing a cohesive digital strategy within your organization. In this episode of ReEnergize, Steve explains the software that Coltivar has launched to make this digital pivot simple, convenient, and advantageous--Coltivar Connect. Coltivar Connect is a web-based platform that allows your business to implement and follow through with strategy in real time, eliminating unnecessary meetings or interruptions. This platform allows you to keep all your data in one place, align employees on all levels of the organization, empower accountability, and track the progress of your strategy, allowing you to capitalize on scarce resources and create value for both your customers and employees. Learn how Coltivar Connect differs from other platforms and how it can elevate and transform business as well as people.
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In the midst of the global pandemic, businesses have been forced to rely on technology to communicate and function. However, these technologies were available long before they became popular. So why did it take so long for us to make the change? In this episode of ReEnergize, Steve explains the necessity of technology as we move forward into the future as well as what has kept people from using available technology in the past. If applied correctly, digitization is not something to be feared but rather something to be excited about that can transform both your business and personal life for the better. With Steve's insights, learn the how and why of implementing technology into your organization, and begin to see the opportunities that arise as the world experiences this digital pivot.
Understanding strategy and implementing one into your organization that will drive value and success is a difficult process. In this episode of ReEnergize, Steve helps break down the basics of successful strategy as well as the dangerous habits of poor strategy. Tune in to learn how making decisions and allocating scarce resources create the key fundamentals to building strategy, and why it is so important. As critical as it is to understand what a good strategy is, it is just as significant to understand what major pitfalls lead to a bad one; for this reason, Steve busts five common strategy myths and explains the mistakes that many organizations make when designing and executing a plan for the future. Explore the how and why of Coltivar's firm belief that by emphasizing the intersection of finance and strategy, organizations can generate value and optimize their potential.
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