Tristan

Jul 082011
 

This morning I experienced something special – an event that exceeded my expectations.  How?

  • It started on time and finished on time (critical for a breakfast event)
  • There were more people to help me find my seat than I could ever need (the same applied for the other 1699 people there.  Impressive)
  • The MC was welcoming, friendly, approachable but not over the top (great return to hosting Carrie Bickmore. Class act.)
  • The sponsors’ presentations were short, sharp and even fun (gasp!)
  • The keynote presentation was on time, engaging and had take-home value for 1-person, 10-person and 1000-person businesses
  • The raffle and door prizes were worth winning!

The event was a Business Chicks breakfast with the one and only Richard Branson.  

Emma Isaacs and the Business Chicks team you have at least one more raving fan after today!  Awesome work.

Jul 072011
 

One of the most important things I do as a business owner is to ask for help. Every day I seek out new ideas to grow and improve.  I’m very lucky to be surrounded by lots of great people and resources.  

One of the resources I’ve turned to in the past has been Business Victoria.  In 2006, I participated in Business Victoria’s My Business, My People program which helped The Physio Co take the leap from small business to something more significant. A couple of months ago the guys at Business Victoria asked me to write a monthly post for a new blog they were launching.  Knowing how much I’d gained from their program, I jumped at the chance to share my experiences and hopefully help other business owners to think, learn and grow.

My first post was called ‘The Secret to Staff Motivation’.  Here it is..

The Secret to Staff Motivation

The thought of better performance, higher sales, more fun and more profit from a motivated team warms the heart of most business owners.  But consider this: ‘if you motivate an idiot they simply do stupid things faster!’ So how on earth do you motivate your team to do what the business needs?

The answer is to create a fun and inclusive culture of people that are all aligned to achieving the same goals.   To make this happen in my business, I needed to think about motivation in a new light. You see, as a business owner, I don’t see myself as a motivator.  I’m more of an educator.  The best way I’ve found to get the guys in my team to be engaged and performing at a higher level is to teach them how to motivate themselves.

At The Physio Co, there are two very significant things that have improved the motivation and performance of our team.  These two things are quite simple:

  1. We have defined WHAT we are all trying to achieve
  2. We have defined HOW we will all do it.

As simple as these two things sound, they have worked wonders for The Physio Co’s growth over the past two years.

The What 
My vision of The Physio Co’s future has been clear for years.  That picture however, was in my mind – and no one could see it!

In 2009 I created our very first Painted Picture.  A Painted Picture is a short, simple but detailed description of what the business will look like in 3 years time.

Getting the vision out of my mind, onto paper and sharing it with all current and future team members helped motivate our team more than I ever imagined.

The How
With the vision clear and our team now motivated to bring the Painted Picture to life, creating some very clear expectations in terms of HOW we go about it was needed.  Enter The Physio Co values.

Now I’m not talking about lofty words that are hard to understand.  I’m talking about some very simple values that even our kids could live.  For example, ‘We are always on time’ is part of The Physio Co’s values.  As is, ‘We are friendly and make positive first impressions.’

Creating and then obsessing over our Painted Picture of 2012 and core values have been the most significant things I’ve ever done at The Physio Co.  Creating them wasn’t easy but it was absolutely worth it.  Start today by grabbing a blank sheet of paper and getting the vision out of your mind and onto paper.  It will excite, energise and motivate you, I promise!

____

This post received quite a few questions and comments.  You can find them over here at blog.business.vic.gov.au

Jul 062011
 

Yesterday in stage 4 of the Tour de France, Australia’s Cadel Evans held off fast finishing Alberto Contador to claim the stage victory.

You may not have picked it, but Evans is wearing the red kit.  

At this moment in time Cadel is the stage winner but Contador thinks it is he who has crossed the line first.  Contador is celebrating.  He got it wrong and he looks a bit silly!

Being accurate 100% of the time might not be realistic, but I do everything I can to hit the high 90’s.  Check once.  Check twice.  

Jul 052011
 

Outsourcing.  It makes sense.

Today I’ve spent a couple of hours training Sunanda, in Chennai, how to help manage some of my emails.  The time spent today will save me 10’s of hours over the next few months and cost next to nothing.  It makes sense.  

Over the past 2 years I’ve hired experts for short-term projects from The Phillipines, India, the US, Brussels & China.

The work is good, the rate they charge is great & all the guys have been as particular about their work as I have.  We work well together.

Some of my favourite sites to find outsourced specialists are:

Just for fun, I sometimes use fiverr.com too – the place to get stuff done for just $5. (That’s where today’s quick video came from).

For more on how to engage assistants from all over the world, grab a copy of The 4-Hour Work Week by Tim Ferriss.

The world is getting smaller.  

Jul 032011
 

Learning a new skill takes time.  The complexity of the skill and many other factors impact the time it takes for the skill to be learned.

Way back in 1967, Fitts and Posner suggested that the learning process is sequential and that we move through specific phases as we learn.  If a skill is to be mastered, the three phases of learning will be visited every time.

 The three stages to learning a new skill are:

  • Cognitive (Introductory) phase – Identifying and developing the individual parts of the skill (involves forming a mental picture of how mastering the skill will look and feel like.)
  • Associative (Practice) phase – Linking the individual parts into a smooth action – involves practicing the skill and using feedback to improve and perfect.
  • Autonomous (Mastery) phase – Developing the learned skill so that it becomes automatic (reaching this level of skill involves completing the new skill with little or no conscious thought or attention. Not everyone will reach this stage)

The learning of new skills requires the individual movements to be assembled, piece by piece. Feedback is used to shape and polish the new skill into a smooth action. 

I first discovered the stages of learning in year 1 at Physio School.  Their importance is as relevant to me today as a CEO as they were to me then as an aspiring physiotherapist.  

As a CEO, I am an educator.  Delegating and teaching new skills to the guys in my team is a critical part to our success.  Leaders create more leaders.

Jul 022011
 

The age old saying: if you need something done, give it to a busy person is pretty accurate in my experience.  Why? Because busy people are good at planning their days and fitting everything in.

For years now we have had a regular meeting rhythm at The Physio Co.  Our rhythm is based upon The Rockefeller Habits rhythm including daily, weekly, monthly, quarterly and annual meetings.  Our rhythm has worked well for a long time because we no longer have to think about meeting times, agenda’s, booking rooms, etc.  It’s already done!  Every day, we have To The Point.  Every week we have 1:1’s.  Every month we spend 30 minutes looking backwards and then 30 minutes looking forwards.  Simple.

If you’d like to fit more in.  Spend more time scheduling.

Jul 012011
 

Today I was reminded to be a bit more careful when I delegate.

You see two weeks ago I was asked to return some updated documents to one of our clients.  Simple enough.  I took the phone call and soon after received the files in to my email account.  I reviewed the request and emailed back with a short message saying “no problem Susan, you’ll have them by the end of the week.”  I also forwarded the email to someone in my team and asked “could you please action this and return today.”

Well that was two weeks ago and today I received a follow up call from Susan asking why the documents hadn’t been returned.  Aarrgghh!!

I had some apologising to do.  Fortunately Susan was kind to enough to let me off the hook because we certainly don’t make a habit of not doing what we say we will do.

How did this happen?  In simple terms, I expected the docs to be completed and returned as I’d asked.  But I didn’t inspect to make sure it was done.  Rookie error.

For some reason I’d forgotten two critical steps:

  1. The email that I’d forwarded to my team should have had an extra line saying “please let me know when the docs are sent.”
  2. I should have checked to make sure the job was done.

No real harm was done today, but, it was an excellent reminder to assume nothing.

Inspect what you expect – every single time.

Jun 302011
 

Successful businesses are disciplined businesses.  That means everyone, including the CEO, must be accountable. But what are the KPI’s to measure the CEO’s success?

In my experience, a CEO has only two KPI’s:

  • Are the right people in the right seats?
  • Are everyone else’s KPI’s being hit?

That’s it. 

Seriously, as a CEO, if I have the right people in the right seats and they are all achieving their goals, I too will be hitting my goals.

Keep it simple.