Blog Post

A Fool With a Plan…..

  • By Jerry Comer
  • 02 Jun, 2018

I recently posted an article published in Forbes about T. Boone Pickens, famous for an active entrepreneurial life and his book, The First Billion is the Hardest. Every year around this time, he’s asked to share his wisdom, gathered over many decades, with some college graduating class in the U. S. The Forbes article includes six “Booneisms” he’s known for, but the one I like the most is, “A fool with a plan can beat a genius with no plan.”

Although the CEOs and senior managers I regularly work or interact with are certainly NOT fools, all too often they’re working without a plan. While it may be okay on Saturday to get up and “let the day take you”, that’s not a good recipe for business, large or small. Too much is at stake!

The ideal planning sequence takes place in the context of shared values and a true team of managers committed to each other AND a common goal. (I’ve often said to management teams, “You don’t have to like each other, but you MUST be able to communicate effectively and solve problems together as you work to achieve your objectives.”)

  • Your compelling vision has employees leaping out of bed to get to work. It’s “why” we come to work!
  • The mission is an enduring statement of organizational purpose. It’s “what we do”, once we get to work and it guides current and strategic decision making.
  • The goals define the specific, measurable achievements the company will invest resources in.
  • With vision, mission and goals established, the plan has two elements:
    • Strategy – describes how your company will achieve its long-term objectives. Clearly defines the unique value the company offers to the marketplace and how it will effectively deliver on that value promise
    • Tactics – specific action plans to support annual or near-term objectives. Any tactical plan should document all actions agreed to by the management team using a matrix of What – Who – When – Budget:

Once the plan is in place, team follow up and accountability are critical! Don’t make the mistake of putting good effort into planning for your business and then neglecting to follow it. That’s worse than having no plan at all. Your time and energy could have been better spent fixing current problems and, for those who are paying attention, ignoring your plan is a clear message that planning is not important. (Believe me. I’ve seen this movie multiple times in companies, large and small!)

There are certainly variations on this process of driving from vision to implementation but if you generally follow this framework, you’ll be miles ahead of most businesses.

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The conversation quickly went to a few questions:

  • What are you not achieving?
  • Where’s the breakdown?
  • What are your goals?
By geff@wsielevateddigital.com 02 Jun, 2018
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By geff@wsielevateddigital.com 02 Jun, 2018

Effective communication is one of the key functions of management, yet we frequently find ourselves frustrated with others not understanding what we have shared. After we say our piece, we assume that others see things the same way we do but the only thing we can be sure of, even after a lengthy conversation, is that what’s in your mind is not exactly  the same in their mind. We just hope the gaps are few and insignificant.

The problem is even worse if the communication comes in the form of a management “presentation” with little/no opportunity for dialogue. I once spent an hour presenting “how we make money” to a group of front-line employees: Revenue – (Material + Labor + Manufacturing Overhead + Other Overhead) = Profit. The presentation was complete with flipchart graphics. It was clear from some of the questions at the end of the presentation that some of the employees still looked at Revenue as the amount of money theoretically distributable to all the members of the company. While frustrating, this incident just confirmed how hard it is to be truly effective in your communication. Also, it’s important to keep in mind that the primary responsibility for the effectiveness of communication lies with whoever is sending the message.

Studies have shown that managers typically under communicate but think  they did a good job. It’s not just executive management. This “failure to communicate” affects all members of an organization. If you are a middle manager, you have the challenge of communicating both up and down the chain of command. If you are a front-line team member, it’s important you effectively communicate any issues or challenges you face in the performance of your job so they may be resolved. Anything less than excellent communication, at all levels, negatively impacts relationships and hurts the bottom line.

Here’s a formula for communication success:

  1. Preparation:
    1. Understand your objective. Why are you communicating?
    2. Understand your audience.  What do they need to know?
    3. Plan what you want to say.
    4. Choose the best communication channel:
      1. One-on-one conversation
      2. Team presentation/discussion
      3. Written document:
        1. Match your style to reader’s preferences
        2. Avoid jargon or slang
        3. Check your grammar and punctuation
        4. Check for tone and attitude
      4. Email/text for simple directions (NEVER email/text complex or negative content.)
    5. Consider:
      1. Cultural context of organization
      2. Potential emotional content
      3. Need for detail
      4. The need to ask and answer questions
  2. Draft:
    1. Decide exactly what to convey.
    2. As much as possible, use pictures, charts, diagrams.
    3. Verbal: prepare written notes to guide the conversation.
    4. Written: draft document/presentation for sharing. Review as necessary to ensure effectiveness. Send.
    5. If sensitive, solicit other inputs and get feedback prior to sending/engaging.
  3. Engage (Verbal):
    1. Be concise.
    2. Listen actively.
    3. Stay open.
    4. Be attentive and avoid distractions.
    5. Respect others’ feelings
    6. Don’t interrupt!  
    7. Pay attention to body language.
    8. Ask questions to ensure understanding.
    9. Record all action items: What-Who-When.
  4. Follow Up:
    1. How effective was the communication?
    2. Did I/we achieve the stated objectives?
    3. What could we do to improve communication?

Effective communication is an art that all of us would do well to master, for our own good and that of our organization. Are you getting the results you want from your communication or are you constantly thinking, “Why don’t they get it?”

Comer and Associates, LLC develops great leaders and teams and facilitates projects that lead to growth and profit. Our April 11 – 13 ADVANCE  management and leadership workshop will cover all the key functions of management, including communication.

By geff@wsielevateddigital.com 02 Jun, 2018
How often should you go to a doctor for a routine checkup? The answer is, “It depends….” There are many factors including your age, sex, occupation and family medical history that indicate how often and for what conditions you should be checked. How often should you check on the “health” of your organization? This doesn’t “depend”. It should be no less than once a year and preferably once a quarter!
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