MAJOR GOSSIP, LOOSE LIPS,

(& BIZ TLK TXT MSGS)

ROCK FOUNDATIONS

The heading above is not a code. It is what it is. Misdirected and misunderstood and miscommunicated talk ruins companies. It rocks the business foundation like an earthquake. Some survive. Many don’t.

Small business failures are blamed on as many reasons as there are small business, yet every single one of them reduces itself to poor management.

Go ahead and accuse under-capitalization, faulty equipment, incompetent staffing, ineffective marketing, convoluted financing, the rotten economy, and your mother-in-law, but the truth will out:

The true culprit, inevitably, is  poor management!

And heaven knows the failure rates alone walk with a heavy foot. As fuzzy as the attempts to grasp accurate figures, it is commonly accepted that only two-thirds of all small business startups survive the first two years and fewer than 50% survive to become four-year-olds!

If you’ve got some startup ideas,

you may want to read that statement again

. . . and the next one!

Toss in that on the average a business startup will not likely break even financially (if it survives long enough) until year six, and it’s often quoted by the inept SBA that nine out of eleven new businesses fail in the first ten years! It’s no wonder that those among the weak-willed tend to flock toward cushy government jobs.

One of the leading indicators of poor management is poor people leadership, which translates to poor communications, which translates to that whole “Loose Lips Sink Ships” expression — too many people talking too much too indiscretely to too many others, both inside and outside the company.

And the rapid onset of text messaging has both

amplified the risks and raised the stakes.

When employees are unhappy, they talk. Unhappy employee talk creates waves of negativity, which can ultimately build to tsunami proportions. The business goes down and the owner throws up his or her hands proclaiming some vague reason. But, in the end, it’s poor management.

Savvy business leaders know that it’s not always money issues that harbor employee resentment. They know that happy employees are people who are challenged and who are given responsibility.

Happy employees are people who naturally seek fair compensation, but who will –more often than you might imagine– settle for frequent (and genuine) praise and small, frequent expressions of gratitude. And happy employees don’t indulge themselves in orange-alert-level chatter. They don’t host or entertain gossip.

When employees like their jobs, they also talk. And that talk is positive. It cultivates sales, community respect, and more employee positiveness. So, there’s some kind of choice here?

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Hal@Businessworks.US

 “The price of freedom is eternal vigilance!” [Thomas Jefferson]

Thanks for visiting. Go for your goals. God Bless You.

Make today a GREAT day for someone!

It’s YOUR business, but

everything doesn’t have

to get done YOUR way!

One reason brand new and struggling old businesses fail is that the entrepreneurial founders feel like they have to do everything themselves, or else . . .

Or else WHAT? 

Or else it won’t get done right?  What is “right”?  Who says what is “right” and what is “wrong”?   

Are you really meaning to say that “No one else will do this task the way I would do it”? 

Start with this: It’s unlikely ANYone will ever do ANYthing exactly the way you do because no one else could possibly be as motivated as you, because it’s not her or his business.  It’s YOUR business. But there comes a time for trusting the babysitter.

So what’s the next best way to deal with things? Here’s some “SHOULD” reasoning . . .

If you’re lucky and have been careful in recruiting and hiring, you should be able to expect that someone else really is capable of doing whatever task that’s needed.

And that individual should be able to get it done in a manner that you should be able to live with (assuming that the end result is the same as it would have been had you done things your way). 

Ah, but, you know what? There are a lotta “shoulds” there!  If you can’t tolerate someone else’s method (assuming the other person’s time and expenses are not totally out of whack), you need to simply get on with doing the task yourself and not bitching about it. 

Of course if that’s the case, you need also to realize that you’ve stumbled onto a roadblock to your business’s growth: namely, YOU! (Hey, there’s another choice, btw: you can always turn your business over to someone else and just go get another life!) 

Let’s face it, delegating is not easy when you’re used to doing everything yourself, but your business can’t grow if you can’t get others to get the job done. It’s called leadership. And motivation. And trust. And transparency. And consistency.

Delegation requires encouragement, training, back-up support, and incentives. 

Small frequent rewards work wonders. 

So does a physical pat on the back for a job well done (regardless of whether it was accomplished in exactly the same way you would have done it or not), a handwritten note, recognition in a news release or on a plaque or certificate.

Cash, in other words, is not always the answer. A special bonus or reward that fits that person’s needs usually is. 

Only you can decide what motivates best and you can only do that by getting to know what makes each individual tick!  That means you need to get to know those who work for and around you well enough to help them achieve what’s important to them! 

Oh, one parting thought: You can delegate authority, but you can’t delegate responsibility! So don’t hand it all off and walk away. Stay tuned in. VOTE NOVEMBER 6, 2012.

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free market competition healthcare 

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____________________________________ 

302.933.0116 or Hal@BusinessWorks.US  

Thanks for visiting. Go for your goals! God Bless You.

 “The price of freedom is eternal vigilance!” [Thomas Jefferson] 

Make today a GREAT day for someone!