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“Being an effective leader in these challenging times”. Lighthouse Leadership Mike Krutza and Jodi Wiff July 13, 2010. Group Questions?. Where are you at on the pain timeline ? 1 – no marketing, crisis, few choices 5 – limited marketing, focus isn’t consistent
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www.lighthouse-leadership.com 715.892.8282 “Being an effective leader in these challenging times” Lighthouse Leadership Mike Krutza and Jodi Wiff July 13, 2010
Group Questions? • Where are you at on the pain timeline? 1 – no marketing, crisis, few choices 5 – limited marketing, focus isn’t consistent 10- rocking – balance of quality with marketing and profit www.lighthouse-leadership.com 715.892.8282
Who is really interested? • 3% Curious to buy now • 6-7% Open not looking • 30% Not really thinking of this right now • 30% Think they are not interested • 30% Know they are not interested www.lighthouse-leadership.com 715.892.8282
Profile of leaders • Strategic 10% • Tactical 85% • Both 5% • “You are not out of crisis until someone is strategic.” www.lighthouse-leadership.com 715.892.8282
What are savvy leaders doing? • Customer engagement • 23% premium wallet share, profit & revenue • Hate “insufferable suits” • Cookies and coffee aren’t enough • “Take care of employees and customers…the rest is theory.” www.lighthouse-leadership.com 715.892.8282
Cost to you • 46% dialog is not honest – lost trust • 1 in 3 payroll dollars lost to disengaged employees • Choice – ramp up engagement or wander aimlessly praying it will all work out • Not being honest with yourself www.lighthouse-leadership.com 715.892.8282
Five keys to effective leadership • 1. Same page • 2. Engagement • 3. Honest dialogue • 4. Clarity of expectations • 5. Commitment www.lighthouse-leadership.com 715.892.8282
#1 Same page • Sort the noise of the focus • 3 keys areas – keep in front of staff • Make the measurements real and understandable www.lighthouse-leadership.com 715.892.8282
#2 Engagement • Assess engagement gaps…assess current environment • Adjust and create engagement with employees and customers • Target curiosity, spark interest, energy level needs to be present, if not stop and adjust www.lighthouse-leadership.com 715.892.8282
#3 Honest dialogue • Stop talking – start listening…ask staff what doesn’t make sense that you’re doing • Finding the good and the gaps…look for patterns • Addressing the elephant in the room, create no need for the ‘parking lot discussions’ www.lighthouse-leadership.com 715.892.8282
#4 Clarity of expectations • Do they know it…teach it…make it clear • Track…levels of performance-good-excellent-outstanding • Link the silo expectations to the full picture…reduce the silos within your company…silo attitude costs money and energy www.lighthouse-leadership.com 715.892.8282
#5 Commitment…the long haul • Not a flavor of the day • Backing…directors, CEO’s, leadership teams, front line managers • Linkage of communication…celebration, focus, accountability www.lighthouse-leadership.com 715.892.8282
How much linkage do you have? • Incentive linked to top 3 • Performance standards linked to top 3 • Silos have different weights – but there is respect for each category • Bond vs. we/they • Energy, excitement, ideas, problem solving • Leadership team on same page as well as board • Support staff know the 3 keys focuses • Staff meetings all include 3 keys • Minutes reflect focus • Branches are on same page www.lighthouse-leadership.com 715.892.8282
Lighthouse Leadership services • Culture assessment • Staff workshops • Coaching – executives and new managers • Team coaching for your leadership groups • Board planning, assessment, core values and beliefs • Leadership newsletter • Articles www.ezinearticles.com/?=jodi_wiff or www.ezinearticles.com/?=mike_krutza www.lighthouse-leadership.com 715.892.8282