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Our listeners have sent in several questions for Steve lately. In this episode of ReEnergize, Steve answers five of these relevant questions. Is it possible to have strategy with so many unknowns? How do you make cuts when you have so many great employees that you don't want to lose? What are the long term ramifications of the stimulus programs that the government has put into place to prop up the economy? What are Steve's thoughts on the stock market? Is it a good time to invest? How do we keep momentum within our business and employees with all the fear and uncertainty we are facing? Tune in to hear Steve's latest insight and advice on staying re-energized during these unprecedented times.
Support the showIn this episode of ReEnergize, the host becomes the guest when Steve sits down to be interviewed by Coltivar's Institute Manager, Ashley Orewiler. Usually on the editing side of the podcast, Ashley gets the opportunity to chime in on the conversation and ask the questions. Steve and Ashley explore Steve's life journey and the strategic decisions he made to get to where he is today. Reminiscing youthful times and staying resilient through strategic decisions come together in this episode of Re-Energize.
Tools and Resources for this episode:
Fostering a Mindset of Growth, Innovation, and Resilience online course
"Unlocking Value and Strengthening Your Financial Position" whitepaper
Many businesses have been forced to make drastic cuts and changes due to the COVID-19 outbreak. In this episode of ReEnergize, Steve discusses how to make cuts that will help your company succeed rather than limit its capacity and halt progression. Steve emphasizes methods to strategically make cuts that encourage a mindset of hopeful investment instead of fearful decision making. He explains that by making smart and thoughtful decisions in your business, it will not only remain effective and successful in these unprecedented times, but be able to rise above competition as the world returns to normalcy. Through a comparison of an untamed shrub, Steve explains that by cutting excess and unnecessary things out of both your business and personal life, you can grow back even stronger and better than before. By looking at the current conditions as a time to seek efficiency and improvement rather than a time to ration and implement short-term solutions, these current circumstances can heighten our potential rather than diminish it.
If you are determined to grow you and your organization stronger, utilize Coltivar's curriculum below:
Fostering a Mindset of Growth, Innovation, and Resilience Course
As COVID-19 sweeps across the globe, people are forced to change and find alternate methods to maintain their ways of life. In this episode of ReEnergize, Steve calls upon Jack Bowen, President of EMJ Construction, to share his thoughts on innovating and adapting, as well as his approach to this in an ever-changing world. Jack explains how the path that he took to reach his current position has developed a mindset of diversification and innovation as he has been able to expand his company's capacities, a characteristic that has come to define EMJ Construction. Jack explains that while executive decision making is key to successful change, those decisions can be daunting as their outcome remains unknown when the decision is made. To help surmount this fear, Jack explains that while failure will happen, we must learn to look for ways to grow from this failure rather than obsess over what went wrong and look for blame. While uncertainty makes change uncomfortable or undesirable, Jack explains an element of faith that you must have that makes it possible to continue forward despite every odd stacked against you and your business. With Jack's many insights, he establishes that change is not only good, but necessary for success.
Support the showAdjusting to new normals has been a challenge for us all. People are searching for guidance more than ever and it’s up to us as leaders to keep people on the path to success. In this episode of ReEnergize, Steve and Phil McGrath, friend and Human Resource Director of McKee Foods, explore the Pygmalion effect and how it relates to leadership. People perform based off the expectations you set for them. In his youth, Phil recalls his father as a well-respected basketball coach and how badly he and his siblings wanted to play basketball well. They performed well because their father expected them to. The same goes for our employees. Phil explains that our believes of an employee are manifested in our behaviors, our behaviors set the climate, and the climate directly impacts the employee’s outcomes. If we believe our employees have the capabilities to meet expectations, our faith in them will appear in our behaviors; thus, empowering our employees with the knowledge that they are capable, trustworthy, and successful. Phil says it best, “What gets watered, grows.”
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