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Thoughtfully Ruthless®

The Truth About Multitasking You Might Not Want To Hear

January 21, 2019 Val Wright

Multitasking will usually give you a headache, not solve one. Even if you don’t believe all of the research, I am walking proof. 

Last week I was walking out of my CrossFit Gym and the next thing I know I am staring at the ceiling. No, I hadn’t over exerted myself with pull-ups, I wasn’t looking where I was going. I was checking my phone and didn’t realize the roller doors in the garage were not fully raised and I hit my head and got knocked to the ground in true cartoon style. It was a hard lesson for me about doing one thing at a time. 

How many things do you have in motion right now and is it time to focus on just one?

Dedicated to growing your business,

Val

P.S. I hope you enjoyed this week's VAL-uable Insights, sign up here to get them in your inbox each Monday morning: http://valwrightconsulting.com/newsletter-sign-up/

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How To Help Your Team Make Rapid Changes

January 16, 2019 Val Wright
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"There is so much change happening! How do I get everyone behind me fast?"

That is one of the top questions executives ask me about for situations that have included: 

  • Microsoft acquires a games studio for $375M and needs to rapidly get a return on that investment.

  • Wanted Analytics appoints new CEO to unlock the market value of the publicly traded company.

  • Xbox writes off a billion dollars due to hardware failure and needs to transform who buys their content and services. 

  • Consumer electronics company on explosive growth curve needs to ship products faster.

  • Technology executive's new role triples responsibility and takes on a global team. 

All of those scenarios required a rapid pace of change and there are two questions to ask those around you: Do you understand, and do you believe? 

It all starts with you, of course. Begin by rating your own understanding of what is changing: Do you fully understand what is changing and why? Many times this is not clear even to top executives, and this can cause the greatest amount of confusion. (In the absence of information, people often make things up. They don’t do it maliciously; they do it to try to make sense out of things, but that may lead to more confusion.) Once you have rated your understanding, rate your belief in the change that is happening.

Next you should evaluate your team’s level of understanding and belief in the change.

There are four typical reactions to change. Take a look at the following descriptions of each reaction and consider where each of your team members fits: (Email me if you want the visual for this.)

1. Blind followers: While it is unusual to gain followership from someone who doesn’t understand, but has a high level of belief it will be successful, it does happen. We had a small pocket of blind followers when Xbox's secret Project Kinect was under wraps before the big reveal. Capture that reckless enthusiasm and help people understand where you are going. Once blind followers fully understand, they will become advocates for what you are trying to change.

2. Lost and disillusioned: Those who neither believe nor understand will be lost and disillusioned. When you have someone like this on your team, it is highly likely they will quit, which may be the right decision for you and the employee, but often this is not a conscious decision. You need to rapidly test if they are turnaround-able by helping them understand, if not, quickly cut them loose.

3. Cynical distractors: The hardest people to influence are the ones who fully understand what you are trying to change, but don’t believe and have no desire to participate.  These often appear when a new leader takes the helm,  they are quietly evaluating and waiting for the new leader to fail. The key is to get curious. Start with asking one simple question—why don't you believe this will work? Keep asking. The new executive who took on a global team, had many cynical distractors in his teams based around the world, we developed a fast way for him to improve communication with these teams which lead to some believing in him and his strategy, and others deciding to move on, making room for promoting others who could fully get behind his new strategy. The most important part was this happened fast, and didn't drag on for too long.

4. Breakthrough performers: The aspirational goal is to have your employees fully understand the change and fully believe in it. This is how you create breakthrough performers. Use these performers to create contagious understanding and belief. Get them to share their stories and understanding.

Finally, before you embark on any work on cultural change, know that there are two express lanes to achieving cultural change: fire the CEO, or change how you pay people. What you reward is what will drive people, and just ask anyone at Post-Ballmer Microsoft about the impact of a change in CEO on how a company runs.

Rapid growth often calls for tough decisions and change that makes people uncomfortable. Knowing how to help your team navigate the way through will mitigate the bumps and help you lead with speed. If you’re navigating through change, take time this week to evaluate where each of your team members is in the process. 

Dedicated to growing your business,

Val

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Why Resolutions Are A Waste Of Time

January 14, 2019 Val Wright

Resolutions are what makes gym businesses boom around the world each January. The annual flurry of new and old members actually showing up to work out fuels the revenue success throughout the whole year.

The January flurry also happens in businesses. Bosses everywhere try new approaches, promise to communicate better, take care of their employees, become more strategic, innovate more, or perhaps build their external network. But they will only succeed if their new habits are embedded into their daily life, not just for January.

Instead of looking at your work resolutions, look at why you need to reset them in the first place. What mechanisms were not in place that caused you to get where you are? I am working with one of my new clients on a new product roadmap for their business, but in parallel we are also developing a system so that there will be no future surprises. It’s called The Wright Rhythm. 

We all know what happens to a band when they don’t have rhythm, perhaps you saw it in one of your child’s holiday concert performances? It feels disjointed and awkward, the same happens with companies that don’t have rhythm, your team gets out of step, you don’t know what tune you are trying to play, and the audience will cringe. 

Want to see how in rhythm your business is?

Reply saying yes to this email and I’ll send you The Wright Rhythm guide so you can end 2019 without needing to set ANY resolutions in 2020 because you will already be performing at the top of your game. 

Dedicated to growing your business,

Val

P.S. I hope you enjoyed this week's VAL-uable Insights, sign up here to get them in your inbox each Monday morning: http://valwrightconsulting.com/newsletter-sign-up/

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VAL WRIGHT
Consultant / Speaker / Author

Val is a recognized global leadership and innovation expert who is known as growth accelerator by top executives at Fortune 1000 companies including Microsoft, Amazon, LinkedIn, The Financial Times and PopCap Games.

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