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For more info check out www.chiefmaker.com.au/104
Our High performance teams series now enters part 16 and we enter the 5 key Tools that drive a high performance culture, the first of which is Scoreboard and Metrics.
We've spoken about the Mission - all about the vision, your purpose and your why. And then we went into getting the right people on the bus, followed by building a high performance Culture. Now, for the next 5 episodes, we're going to talk all about Tools; the equipment that let your people do their job well.
But today, we explore how to gamify your team's performance and increase engagement and results through the regular use of metrics and scoreboards.
In this episode, I outline:
If there is one thing that sport and business have in common is that they both love to measure performance. However, it's safe to acknowledge that sport does it better, in a way that encourages people and indeed makes metrics interesting.
Some individuals and professions absolutely need to focus on numbers; while how we do them is important, it's how we bring them into the culture of the team that is doubly important, especially if done wrong. Patrick Lencioni, who wrote that wonderful book, Five Dysfunctions of a Team, says that one of the critical dysfunctions is not paying attention to results. Ultimately, presenting numbers in a way that makes it clear and understandable for every member of our team as to what we can do to improve, then we can suffer.
Pitfalls of measuring resultsFirstly, we measure to prove our theory or belief - this is when we just keep paying attention to key numbers that we think prove what we want to do, or when we have metrics that don't represent all situations.
Secondly, you could have a range of metrics that aren't aligned to your style of play or team values, and what could happen is that you end up sacrificing team or organisational culture. A really good example of this is when you have two teams that actually have metrics that are in conflict with one another, for example, a manufacturing unit whose goal it is to increase the rate of production, and a supply team whose job is to cut costs.
And finally, a huge pitfall of measuring data is perhaps at the crux - inaccurate data. This is when the data is late, inaccurate, or just too difficult to obtain.
What goes in, must go out!Good metrics are absolutely vital because they allow accurate data-driven decisions so that your team can act in alignment with the company's strategy or operational excellence. They can break down old paradigms and dispel myths and clarify a problem.
However, you have to get your numbers right because people can see through them really quickly; I'm sure you've been in that situation before looking at other peoples' dodgy numbers! In fact, I'd go as far as saying how you present your numbers is vital to getting your point across. Tell people how they were collected and how accurate they are.
Metrics can also clarify the relationship between inputs and outputs, statistics and scoreboards, statistics and results. In other words, the more you do of a particular input activity, the more of a chance you will get an output. For example, in rugby, they talk about the speed of turnover and a tackle being an input metric to the number of tries scored. In netball, they talk about the number of seconds an individual holds a ball versus the number of goals scored.
7 ways to bring life to your scoreboardsIn summary, scoreboards and metrics are critical to all high performance teams. They can be a wonderful way of engaging the team, of creating a spirit around the numbers, of giving individuals the real information and data, so they can improve in their work and the team as a whole.
Stay epic,
Greg
In this episode, our guest is Natalie Speers, the Founder & CEO of Social Ally, an agency in the digital marketing and social media space.
It was a great chat, in which we talk about how being an early adopter has pushed her out of her comfort zones, particularly in the social media space in the last decade. Natalie also shares some incredible social media stats that prove that everyone needs to use social media, regardless of your industry.
We then go through her list of common mistakes business owners and leaders make on social media and what they should be doing instead, and then we round up with her explaining what visual disruption - a term she coined - is and how to introduce it into your social posting strategy.
You can connect with Natalie Speers on LinkedIn or by email: [email protected].
Key Quotes from Natalie Speers
Keeping up with the ever-changing social media landscape
Misconceptions of social media and some incredible stats
Why you can't afford not to use social media
Some LinkedIn tips
The future of social media
Engaging your audience
Leading a group of millennials
Biggest mistake #1: Unrealistic Expectations
Biggest mistake #2: Not Visually Disrupting
Biggest mistake #3: No KPIs or Data Analytics Monitoring
What is the final message of wisdom and hope for the next generation of executives?
Resources mentioned in the episode:
Book recommendation: Expectation Therapy by Art Costello
For more info check out www.chiefmaker.com.au/102
Our High Performance Teams series now enters part 15, where we finalise the 5 key elements that drive a High Performance Culture, namely the rituals & traditions of the team.
We cover how to overcome those periods in work or business life when it has become a bit soulless, a bit toxic and is all work, and no play. One of the best ways is to use rituals and traditions to create meaning and a sense of belonging to your team and get the trust back on track.
In this episode, I outline:
Stay epic,
Greg
This week's episode takes a totally different format as it's a discussion rather than an interview.
I recorded this episode with our spiritual guru, Damien Price, for another podcast called The Universal Man, a Not-For-Profit organisation dedicated to helping men operating at their best in the modern world.
You can connect with Damien on LinkedIn.
He's also been on the podcast before; check out episode 31.
Key Quotes from discussion with Damien Price
What is balance?
Aligning balance to your life vision and life chapters
The role of core values
Building your life scoreboard and defining achievable success
Beating guilt of not doing certain things
Creating your rhythm and optimising time
Simplifying life and buying back time
For more info check out www.chiefmaker.com.au/100
We've made it to Episode 100!!! What a cracking topic we have in store for you today.
Our High Performance Teams series now enters part 14, and we're into the penultimate element of what drives a high performance Culture, where today we look at the power of high standards and how this drives feedback, accountability and unity across a team.
In this episode, we cover the one topic that my clients ask me about more than anything. And that is how to increase accountability in their teams and how to get people to take ownership of their work, and stop them becoming victims.
"Feedback is the breakfast of champions". This is more than just a brilliant quote by Ken Blanchard; this is instrumental and at the core of high-performing, accountable teams. But it's easy to get wrong when giving it out, especially if you have no leadership currency, and it can become a really draining process.
In this episode, I outline:
Stay epic,
Greg
In this episode, we have a great chat with Marty Vids, an entrepreneur, mentor and podcast host, about building rapport, empowering customers and owning your job.
Marty has had quite the eclectic career and life, having started out in his parent's milk bar as a kid, and then moving into the comedy scene as an MC. He has a few great stories from that past life, that's for sure!
A career change beckoned and he landed up at Westpac as a mortgage broker, before leaving that to co-found Mortgage First, which he sold in his mid-30s. But the itch to build another business didn't go away, and he started Mortgage 500, a company he eventually sold in 2016.
These days, Marty is also a mentor, life coach, MC, and hosts his own podcast, The Marty Vids Show.
You can connect with Marty Vids on LinkedIn.
Key Quotes from Marty
On his Formative Years...
On what comedy taught him about building rapport...
On effective leadership...
On career drifting to having an ownership mentality...
On how to make the leap from employee to business owner...
On the lessons of his first business, Mortgage First...
On wellbeing as a business owner...
On the pitfalls of selling a business...
On taking these lessons into a new business...
On how to get a pay rise the right way...
Marty's final message of wisdom and hope...
Resources mentioned in the episode:
For more info check out www.chiefmaker.com.au/98
Our High performance teams series now enters part 13, and we're right into the High Performance Culture pillar, where today we look at how to get your team focussed on winning, and collaborating intensively.
In this episode, we cover how to get your team members to come along on the journey in pursuing excellence, but also how to simultaneously avoid becoming too internally focussed and operational.
One of the ways true chiefs get the best out of their troops is to compete externally, that is, changing the game of the industry, giving the team the energy and the tools to be the best. Sometimes the converse is true, where a bunch of individuals end up competing against one another; the result being low energy, a team that's defensively-minded and you as the leader can't drive your own track record and career momentum.
So how does one set up and lead a high-performing, industry-leading, best-of-the-best team that hunts and isn't the hunted?
In this episode, I outline:
Stay epic,
Greg
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