Thursday 17 November 2022

Being Focused

 Being Focused 

(Execution Excellence -"Ability to get things done" Series)

 
As we discuss the art of getting things done in the workplace, managers/ leaders must organize themselves effectively. In line with this, we have discussed the importance of managing time and expectations. The next aspect of managing self is FOCUS.

What is meant by FOCUS?

Focus means directing our thoughts, energy, and time into something. It is beyond the ordinary meaning of concentration in a single activity.

From an execution capability development of point of view, focus means knowing the priority and pursuing it till the end without distraction.

The priority can be achieving the task or business goal, strengthening relationships with stakeholders, building a foundation or stability, etc.

Most of us need clarity on WHAT to focus on and HOW to remain focused in any endeavor.

Focus is one of the leadership skills which can be acquired through awareness and practice.

Why is FOCUS required for anyone?
  • When we don't focus on the result, we quickly get distracted with activities and end up managing activities or being busy rather than getting things done.
  • When we do not intend to complete the task or achieve some goal, how can we expect our colleagues, peers, and junior colleagues to stick to our plan? People follow a leader who is focused on the end objective.
A few years ago, Warren Buffet and Bill Gates were asked, "what is the single factor that contributes to your success?" Both immediately responded with one word: FOCUS

FOCUS differentiates between dreamers and achievers in any profession.

Staying focused is essential, but it is not easy for everyone to remain focused as numerous distractions and opportunities will derail.Effective executives always begin with the end in mind and remain focused till they reach the end.Hence they are quite effective in getting things done.

Let us discuss how effective people trained themselves to remain focused and the behaviors they display to others to stay focused next week.

Have a great week ahead.

Expectation Management- Accountability Vs.Responsibility

 Expectation Management-

Accountability Vs.Responsibility
(Execution Excellence -"Ability to get things done" Series)

 
We have discussed the importance of being aware of key stakeholders' expectations related to expectation management. One way of being aware of the role expectation is getting clarity between accountability vs. responsibility.

In practice, we interchangeably use the term accountability and responsibility. There is a difference in the terminology, and how we use them to understand the expectation of our role in a professional setup will help us to deliver effectively.

Accountability refers to RESULT or end expectation, and responsibility refers to ACTIVITIES. In any professional dealing, others expect us to be accountable rather than responsible, even though it is not explicitly expressed.

How will this understanding help us?

When you relate your job with reference to more accountability than responsibility, it will enhance your understanding of expectations. You tend to improve your execution capabilities when you are clearer on expectations.

For example, assume you are the finance head of the organization. The key accountability expected from the position is to ensure positive cash flow, and all the activities are subsets of this accountability. When you know your ultimate accountability or result expectation, you will tend to do an effective job rather than when you relate your role only to activities like account keeping, generating statements, analysis etc. When you relate more to activities, likely suboptimal performance only will happen.

Similarly, if you are the procurement head, the key expectation is to ensure undisturbed material supply and cost optimization in material procurement. The other activities or responsibilities are a subset of accountability.

You may relate to your current role and articulate the highest expectation of the role.

When we are not aligned in expectations between key stakeholders and us, say, our boss or customer, disappointment occurs.

Some effective leaders, as i observed, will always relate their work and their team's work with an accountability perspective. When they have clarity, they will always communicate or connect with the team from a result delivery point of view and minimize the micromanagement on the activities level.

The clarity on accountability vs. responsibility is vague in many organizations, and it is the prime job of the managers/leaders to make clarity and practice when dealing with others.

This clarity on expectation setting helps to execute things well.

Have a great week ahead!

Expectation Management

  Expectation Management 

(Execution Excellence -"Ability to get things done" Series)
As we are discussing the relevance of self-management for enhancing execution capabilities, one aspect we discussed was time management for ourselves and others.

The next aspect is "Managing the Expectation."
 
Managing expectation is about being aware of what is expected from us in professional dealings and how we set expectations for others.

First, we need to be aware of what is expected to deliver for the role we assume
Second, we must be clear about the priorities sequence we need to follow.

Why is this CLARITY important?
 
When we do not have clarity on the expectation, it affects our execution capabilities and growth opportunities.
Most of the firefighting and chaos in the organization is due to a lack of clarity on the expectation between people or stakeholders.
 
It is not what you can do or deliver, but knowing and delivering the same as expected from you completes the execution cycle successfully. Otherwise, the efforts will be wasted only.

One incident happened to me with my client where i realized the importance of expectation management. At the beginning of my consulting career, a human resource head from a company called me and briefed the requirement for productivity improvements, as he understood from his business head.

Since this company is abroad, they organized flight travel and accommodation. I went, met a few people and spent a couple of days, and identified the opportunity areas for improvement. At the end of the day, i met the business head and was about to make a presentation and hurry to catch the flight. When i started presenting the potential areas where we could work on improvements, the business head began showing signs of confusion and irritation. He turned to the human resource head and started firing him up. He asked me to stop the presentation and explained he wanted to know the methodology of manpower assessment, not improvements at that point: completely different expectations and realities. The entire effort became a waste.

The business head, however, asked me to stay back, and i refused as i had some other work lined up. Then i  returned and sent a proposal as per his expectation, but it did not work out as the first impression was not appealing to both of us.

I realized in this incident that i must be clear enough about the expectation from key stakeholders as communication distorts from person to person. It is not how good you are or how you deliver; whether you deliver as expected or not matters in professional dealings.

Knowing the expectation is a must for delivering effectively, and our effort in getting the expectation right is essential.

However, regarding expectation management,  executives need clarity on accountability vs. responsibility which affects the execution capability. Let us discuss that next week.

Have a great week ahead.

Monday 31 October 2022

New book - The Art of Management

  New book - The Art of Management 


 The Art of Management is one of the books i have read in one sitting. Many books have been written on management and leadership themes, as most books cover the framework and case study examples.

This book is also more about the management of self and business; however, the uniqueness of this book, the author wrote only a few introduction pages from his experience, and he interviewed more than 20 practicing managers and entrepreneurs to share their practical insights on management. By the way, we can learn versatile views from many people from their life experiences.

The Author, Shivakumar, is Ex CEO of Nokia, Pepsico, and currently working in the Birla group. He is one of India's most exemplary thought leaders in management and leadership.

The one thing i liked in this book is the author invested his time to ask relevant and specific questions from each one, unlike some survey types of questions to all.

If you would like to learn versatile insights on management from practicing professionals, then i recommend this book.

https://amzn.to/3Dnreug

Happy learning and have a great week ahead!
 

Tuesday 18 October 2022

Managing time for OTHERS

  Managing time for OTHERS  

(Execution Excellence -"Ability to get things done" Series)
 
 As we have discussed the importance of being effective vs. efficient and punctual for managing time for ourselves, the other aspect of time management is how we manage time for OTHERS.

How do we manage time for OTHERS?

It is more about how we organize ourselves effectively so that we are not time wasters for others. Generally, we do not like to work with people who are tardy and waste others' time. When others like us, our ability to get things done will enhance. We need to invest in making ourselves useful to others.
 
We must relook at some of our behaviors and practices, which take others' time.
 
Let me list down some of the behavior which i have observed in many executives in the workplace which affects others’ time.
 
  • Talking on our mobile phones or chatting on the computer when some people sit and wait in front of us. We need to attend an incoming call, but we have a choice to have a detailed conversation later. 
  • Conducting a meeting without specific agenda, discussing general or day-to-day issues, and wasting all people’s time.
  • Even if we meet with some agenda, keeping irrelevant people and discussing with a few people signals disrespect to others' time and low engagement.
  • Switching between macro and micro or business and functional activities.
For example, i have observed in one of the organizations, during the monthly business performance review meeting, the business head got into a detailed technical review of the particular quality issue and spent more time on it with a few attendees. Nothing wrong with discussing the technical problem, but the subject is irrelevant for many of the attendees, and their body language reflects their concern about their time spent on the unrelated topic. Also, that forum is meant for business review and not for functional review.
  • Coming for the meeting without data/facts and wasting time in setting up the computer/ projectors/ switching between many files and distracting the attention of others.
  • Frequent follow-up: One of the ways we can make others waste their time is by not keeping up our commitment. Generally, we may not like to work with a person who needs constant follow-up to get things done. In some organizations, things will be done only by following a person multiple times.
We may be doing without our consciousness, but it affects others’ time, and if they are our junior colleagues or peers, they may not be able to express it to us as feedback. However, they prefer to avoid us, affecting our execution capability.

It requires consciousness of how we organize ourselves for OTHERS.
 
Have a great week ahead.

Managing Time - Effectiveness & Efficiency

 Managing Time - Effectiveness & Efficiency 

(Execution Excellence -"Ability to get things done" Series)

 

Under the topic, "how we organize time for ourselves, we discussed the rationale behind "being on time" or "being punctual".The other aspects of "managing time for ourselves" are prioritizing the task and execution.
 
Most of us experienced that despite being busy with many activities throughout the day, we do not feel a sense of satisfaction. Time Management conflict on active and impact!
 
Time management is not how we engage in some activities and are busy.

Time management is purely inward motivation than externally monitoring time or counting activities. It is all about being effective and efficient.

Efficiency is how we 
do things right, and effectiveness is all about how we choose the right things to do.

Efficiency is related to skill, and effectiveness is related to awareness and mindset to choose the right activities.

If we want to excel in time management, in my opinion, we need to be more concerned about EFFECTIVENESS, i.e., awareness and mindset to choose the RIGHT activities.

Once we get into EFFECTIVE ACTIVITIES, efficiency is a matter of skill development.
 
If we choose the wrong task and whatever we do with high efficiency, it is not going to deliver desirable results and impact. There is no sense of satisfaction.

For example, choosing the right path to travel is EFFECTIVENESS. How we travel in the path quickly by walking fast or running or using the vehicle is all about EFFICIENCY. If we choose the wrong path and wildly run fast, we end up with the wrong destination.

Hence, the purpose or result gives satisfaction.
 
In a professional environment, choosing the right task is very important than doing the task faster.

How will you choose the right task?

It is defined by your role and the delivery expected from you from your organization.
 That is a priority.
 
You are effective when you know your priority as defined for your role or what you're expected to do and engage in that activity.

You become efficient when you execute the priority with speed by upskilling, delegating, and using the tools and techniques.

You need to feel good for having completed priority tasks with efficiency. It is all about time management. It is purely inward motivation and fulfillment.

First, we need to ask ourselves whether we are aware of our priorities; if so, are we doing it with efficiency?

Organizing self-managing Time

 Organizing self-managing Time  

(Execution Excellence -"Ability to get things done" Series)

 

We have discussed the importance of personal leadership or organizing self to improve the execution capability.
 
Let us discuss one of the essential elements of self-organizing, which is "Time Management."
 
We have discussed many aspects of time management in the earlier discussion; let us understand how managing time will impact getting things done at the workplace.
 
Managing Time should be looked at from two angles.

1) How do we organize our Time for ourselves;
2) How do we organize our Time for others

 How we organize our Time for ourselves 

It consists of planning our priorities/activities, making a To-do list, being on time for any events or meetings, and being aware of our Time wasters.

 How we organize our Time for others 

It consists of how we respect others' Time, keep our commitments up without follow-up or reminders from others and be available for others when needed.

Let us discuss all aspects, and the critical, fundamental conduct for any professional is 
"Being on Time" or "being punctual."
 
In childhood, we used to be punctual in school as an act of obedience or control from teachers and parents, and somehow we have not learned the basics behind it.

Fortunately, i  learned the science behind "being on time" from the beginning of my career. As most of us are aware that TVS as an organization is very specific about being on Time (punctual). They differentiated themselves from others in their bus service business by punctuality when they started the company in the 1910s in the southern part of Tamil Nādu.

When i was working as a trainee in TVS, one day, i went for a learning session late by a minute or less. All my colleagues were inside the room, and then the Vice president sarcastically greeted me as welcome mappillai! (meaning bridegroom). I felt embarrassed and shamed. After the session, i asked him why he was so concerned about being less than 1 minute late. What he said was real learning. He said,
 "It is not a matter of one minute late, it shows how you look at your work, event, and other people's time. It reflects your attitude".

Very profound learning for me. Since then, i have never been late to any event by plan, and i will keep informing people when unforeseen circumstances beyond my control pull me to be late.

While growing up, i observed that many people who keep up on Time are cool, handle situations calmly, consistently grow, and lead a quality life. Quality of life starts with the right attitude toward managing Time.

In my consulting experience,i have seen a typical pattern that the leaders who arrive at the organization on Time and start the meeting on time relatively manage the business well in any circumstances. Because they set the tone of their attitude towards Time to others, the organization follows them. 
The first step towards execution!

When you organize well, obviously, you will get things done efficiently.

Let us discuss some more aspects of time management next week.

Personal Leadership

                                             

 As we discussed, Execution capability comprises three elements, viz. 

1. Personal Leadership or how we organize ourselves
2. Inspiring and Influencing  others to get things done
3. In-depth knowledge about our work or business
 

Let's talk about Personal Leadership or self-organizing. 
 
What is self-organizing or personal leadership?
 
Self-organizing or personal leadership is about proactively preparing ourselves for the position/ title or the job or task we do."

It is all about how we conduct ourselves, shape our character, attitude, enrich our knowledge and skill for the position.

It is all about personal effectiveness.

It is the foundation for getting things done.

For example,

Suppose you are a functional or business head. In that case, this position demands certain behaviors, knowledge, and skills like being a role model for others on respecting time, and people, expertise in functional or business knowledge, and specific skills to demonstrate. How you prepare yourself for those requirements is about self-organizing or personal leadership.
 
Why do we need to self-organize from the "Execution Capability" perspective?
 
1) When you have not organized yourselves, you can not lead others effectively. You can not improve your team's capability without improving your effectiveness
 
As per the law of organized performance, the ratio of a leader's performance to their team remains constant.

For example, if you measure your performance on a scale of 1~10 and your score is 8, your team score would also be eight or less. Hence ratio is 1:1

You can not change your team's performance score to 10 unless you also improve your score to 10; therefore, the ratio remains constant as per law.

The point is your team's execution capability, or effectiveness depends on your execution capability only.

To get things done, you need to enhance your effectiveness first.

2) You will derail any time during the growth stage if you are not organized.

As said, self-organized is more about disciplining yourself. You will get derailed when you do not maintain the discipline as the job demands.

We might have come across many talented people who derailed their careers not just due to performance alone but lack of personal leadership.

Some of the examples could be ICICI bank Ex women CEO or  Satyam computer founder's fall mainly due to governance issues from a business perspective or integrity issues from a personal point of view.
 
The point is self-organizing is very fundamental for enhancing execution capability. Without that, we cannot inspire or influence others. When you grow up, people look up to you for everything.

Let's talk more about personal leadership next week.

Developing Execution Capabilities

Thank you for your feedback last week on my request. When i analyze the input, most revolves around "how can one be effective in a professional life and how we achieve result in work or business." Some concerns about bringing ownership to the young generations to achieve organizational goals.Something related to the family business, conflict management, and delegation in general.


I observe a gap between what we intend or plan to do and what we achieve. That gap is due to execution capabilities. We want to get things done but struggle to get them for various reasons.
                                  
 
Hence, we initiate a new series on "Developing the Execution Capabilities" in a professional environment as an individual and an organization.
 
Why do we need to develop the execution capabilities?
  1. One of the studies says that only 8 % of the leaders are good at planning and delivering results. The remaining 92 % of the leaders are either good only at planning but lacks execution skill or struggle with both effective planning and execution.
We may relate these findings with our experience as well.
 
For example, we might have experienced many times that we plan to follow some good habits but give up soon. That is an execution discipline problem at an individual level.
 
Similarly, we may plan to achieve some level of business growth every year at an organizational level. Still, for many years, we may be stagnant at the same level of growth performance. That is due to execution problems at the organizational level.
 
 Execution problems may be a common phenomenon for any professional and organization. Unless we understand the execution process and develop the capabilities, there will not be much progress in professional life.
 
  1. Success and Growth come from implementing actions and delivering results, not just from planning or strategy or simply ideas. Execution is the critical differentiator between performers and nonperformers. The world admires performers only.
 
However, developing the execution capability is not as easy as learning concepts, tools, and techniques. It is a mix-up of managerial process and art.

Execution capability encompasses the following.

1. Personal Leadership or how we organize ourselves
2. Inspiring and Influencing others to get things done
3. In-depth knowledge about our work or business environment

 
Let us discuss developing the capabilities, the set of behaviors in each aspect, and some insights from effective personalities in this Series.
 

Summarising- Developing decision making skill


 
For the last 40 weeks, we have discussed the topic "Developing Decision-Making Skills" in the workplace. Let us summarise some key points before moving on to the next topic, as this will help you to recall.
 
  1. One of the primary responsibilities of a manager/ leader is to make decisions on any workplace challenges at the right time, given the facts and assumptions. Whether the decision is right or wrong, time will decide. It is better to make decisions rather than be indecisive.
  2. When we make a series of decisions that yield results, it eventually improves our self-confidence.
  3. As emotions overdrive logic, we need to be aware of emotions vs. reasoning in decision-making situations.
  4. Everyone will go through a decision dilemma, and one of the approaches to overcome it is to go through the " Decision Vs. Consequence" matrix, as it will give clarity to move forward.
  5. Understanding the problem and defining it RIGHTLY will be the first step in problem-solving
  6. As a manager/leader, which problem do we solve most of the time, " Adhoc or Chronic"? The answer will tell our managerial time spending and effectiveness.
  7. All chronic problem needs structured problem-solving methodologies, and everyone should learn the process of the structured problem-solving process.
  8. Prioritizing the problem itself is an art as there are numerous problems one has to solve. One approach we discussed was using the " Complexity Vs. Impact" matrix.
  9. Developing the "Data Skill" is a must for professional development. This skill includes the ability to collect the suitable data set, analyze and remove noises, see some patterns, converge on root causes, and sell the ideas to others and implementation.
  10. Most technical and managerial problems result from a lack of people and processes. Please be sure to look for the root causes from this perspective as it helps you to reach the solutions quickly.
  11. Selling ideas to others is essential apart from data analysis. We discussed some of the hurdles like self-doubt, fear of rejection, and fear of failure. We also discussed the solution approach to overcome the limitations.
  12. Developing Action Plan is a managerial art; developing the skill will improve communication.
  13. We discussed the checklist for decision-making, and one profound list is putting the highest stakeholders as a focal point to make the right decision.
  14. We also discussed the leadership patterns in creating a conducive decision-making environment in the organization where people love to work for the manager/leader.
  15. Ultimately, a senior professional is paid for deciding at the right time for the challenges. It calls for probelm solving and decision-making skill development. It can be acquired by awareness and practice.
You can read all the articles in the below link.