Business blog series…blog#4

Business blog series…blog#4

 

Prior to getting started tonight, take a moment to check out the previous business blogs.

Business blog #1

Business blog #2

Business blog #3

Leadership is difficult. The most important thing you can do on your journey to becoming a more well rounded leader is to reflect upon yourself and your own personal actions. There was a period of time in my management journey where I took cues and pages out of the book of people that “had done it before me”.

There was a mishmash of all types of leadership styles that I saw. Some of the leaders yelled. Some of the leaders might fire you before a dime hit the floor. Some leaders lead by example. Some leaders documented, documented, documented — because as this person stated “if you don’t document it, it never happened”. As you can guess, that last method created a tad bit of distrust between management and employee.

I realized my limitations very quickly as a leader. First, I lacked the knowledge of business language. And I set out on a journey reading books about business. Essentially, I kept gravitating towards the  pocket MBA type of  books. I looked at those books so much, that I decided to just try B-school for myself. This while helping to steer an organization that at the time was only 1 year old.

It was stressful process, working on the degree while managing the business;  but I quickly learned that I enjoyed my classes. And the classes where giving me foundational pieces of information that would help me lead a more efficient business.  Marketing strategy, operations management, accounting, finance to name a few were books I just kept reviewing.

B-school gave me a perspective on the science of business. At the same time, I was fulfilling a craving desire that I didn’t even realize that I had. Then, I would stumble upon those pesky management classes; that discussed managerial philosophy and the history of the industrial revolution and it’s impact on labor. How do you coach an employee to be productive? What workflows and processes do you need to have in place to effectively retain human beings? The science of business was great. While the sociology and humanism aspects of business were more difficult topics for me to decipher, because those concepts were not as  black and white.

I thought about the stressors I had been under. The stress to make things happen, create, and effectively budget while leading the ship. And I realized something…. I had these high expectations of others, and what their performance should look like. However, was I looking in the mirror and evaluating my own performance? I had employed some of the wrong cues in my leadership. The leaders before me meant well, but one size didn’t fit all. I was going to have to employ new tactics to reduce my employee turnover rate.

Was it everyone else’s fault? Did they not understand what I wanted — they just don’t see my vision? Or better yet, was it my fault and I needed to learn how to be a more effective communicator. A better leader?

The moral of this story is this…

1st — Understanding the history of human resource management is by far the chapter of any management book that you must read and re-read and study most closely. Can you hire well, and then after you hire well, can you retain quality people to help fulfill the vision that you see for your organization?

2nd — If you look up one day, and you realize that everyone is making the mistake and people just can’t understand your high standards. Take a moment, pause, and reflect and ask yourself, “are they the problem or am I the problem?” It’s funny how that can happen so quickly. Leaders tend to create a bubble for themselves. Before you know it, you’re living in a bubble where everyone else is wrong, and you’re the only one with all the answers. Remember, theres more than one way to get to a right answer in the “real world.” If you think everyone is crazy and you’re the only one that is right… or better yet, if you find yourself in a time of your life when everyone wants to run from you and you can’t figure it out… Realize that you… Yes, you the magical leader that can do no wrong, needs to reflect and look in the mirror. Take a close look and maybe find some friends and family in your life to remind you of all the times you’ve been wrong!

Two points that I hope you take a moment to consider. I hope that if leadership is the path that you’ve taken, you can always take a moment to re-evaluate yourself. Please make time to be around people that don’t think like you. It will push you to be better and do better. You need the perspective of a lot of people to truly impact the lives of millions.

Peace!

Business blog series… blog#3

Books are invaluable. Once again, I was listening to an audiobook on one of my favorite free apps the “Libby App“. The latest book on my audiobook shelf is The Infinite Game by Simon Sinek. In one of the first chapters of the book, the author discusses the difference between a finite game and an infinite game.

Finite games the authors states are games that have an endpoint (sports); while infinite games (politics or business) do not have endpoints, the game continues to be played with or without your presence.

In business, we dub the “cream of the crop” as organizations that have solid foundations in which the structure of the business allows the company to be relevant through both transitions in leadership, times of adversity, and shifts in market supply and/or demand. These businesses remain solvent even during the lean years. Lastly, these organizations in my opinion display a confident “agility to adapt” to customer demand and market variances.

Ultimately the “cream of the crop” have many attributes, but for brevity, these are some of their characteristics:

  1. The end user receives a product free of defect
  2. The product is made with quality and the product is priced to sell
  3. Customers receive satisfactory customer service, that ensures their return and lifetime usage of the product.

The third point is the glue. You can make and/or create a great product, but if that product is on the backend of “shotty” customer service — the service will overshadow the product.

Could you imagine going to a restaurant with a great chef, that has a five star menu but once you get there — the hostess berates you prior to finding you a table to sit?

All great companies have workflow diagrams to maintain consistency in their products. Customer service should not be any different. demands a workflow

Example: Workflow diagram for customer service at Point of Sale

Greeting the customer (upon entry into your establishment)–> asking the customer how you may assist them –> understanding your products and their needs (cost of each product to quickly and effectively answer their questions)  –> completing the transaction in a timely manner –> making eye contact with the customer and thanking the customer for giving you the opportunity to serve their needs

As with all things, there are breakdowns in communication. There can be a misunderstanding or miscommunication with the customer on what is an appropriate expectation/outcome for the requested service. Many things go wrong in a given day, and sometimes these breakdowns lead to bad reviews, negative feedback, and customers that will berate you. But we must always remember that customer service is an “infinite game”. The bad reviews can be painful, but they can open the managers eyes to how to more effectively manage, lead, and understand organizational missteps & shortcomings.

We build trust daily with our clients. Each day, each month, each year you must continue to fight to earn your customers business. There will be times in which your service may be less than optimal, but during those moments — make sure that your customers know how to contact you, so that they can quickly inform you of the given issue. Hopefully you will be able to provide them with a reasonable resolution.

More often than not, I’ve found that many customers simply want to be heard. It is important during these tense moments that you listen with intent. Ultimately, the customer is helping you if the feedback is constructive. If you can take that feedback and change appropriately, you too can become the “cream of the crop”.

Sam Blakemore is the Pharmacy Manager of Peds Rx Pharmacy Solutions. Connect with him via: LinkedIn

 

Considering “workplace levers” in managing office politics…

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Management can be difficult. As you have read from my previous posts the most important resource of any business is its employees. If a manager is unable to effectively communicate and utilize their employees, he or she will not be managing for very long.

Leverage is a principle often utilized to discuss financial debt in the world of business. Financial institutions and businesses can utilize debt to take on more risks in the hopes of increasing revenue and profit margin. In that same respect the employee and manager utilize forms of “workplace leverage” to ensure status and influence within the organization. Both the manager and employee use various levers to elicit a response.

The manager’s “work place levers” 

  1. Hire versus Fire to influence employee behavior and decisions
  2. Praise versus Write Ups to influence employee behavior and decisions
  3. The power to increase salary and dole out bonuses to influence employee behavior and decisions
  4. Positive evaluation versus Negative Evaluations of employees to influence employee behavior and decisions
  5. Internal politics with ownership and co-workers to maintain status and position while influencing employee behavior and decisions

The employee’s “work place levers”   

  1. Underutilization versus over-utilization of sick and paid days off to effect management behavior
  2. Gifts and Praise of management/co-workers to effect management behavior
  3. Positive versus Negative Evaluations of management/co-workers to effect management behavior and decisions
  4. Habitually early to work versus habitually tardy to work to effect management behavior and decisions
  5. Internal politics with ownership and co-workers to maintain status and position to effect management behavior and decisions

I won’t delve to deep into the details of how these actions can be utilized by both the manager and employee; but briefly review each point. Consider the names and or faces of the people that you can associate with each variable. In short, both the manager and employee utilize forms of leverage to elicit responses.

As I’ve mentioned previously, people are as important as financial capital in maintaining a functional organization. For those in management; please take the time to consider these 10 key points to ensure a functional work environment.

  1. Be upfront and honest about the role each person plays in maintaining a functional business.
  2. Value the opinion of every member of the team, and actively demonstrate this by listening to their opinions and actively considering these opinions when creating changes within the organization.
  3. Even in times of disagreement; work diligently to maintain a level of respect for that person
  4. Focus on the value created for the shareholders when trying to create a unified vision between management and employee.
  5. Focus on the quality of the product created for the consumption of your customer when trying to create a unified vision between management and employee.
  6. At a minimum evaluate employees biannually; when evaluating always have a third person involved to witness. This reduces the possibility of arguments and misunderstandings.
  7. Be respectful of the goals your employees have; most likely they do not want to be employees for life. And that is fine. Work with them on creating a 1 year, 5 year, and 10 year plan so that they don’t feel stuck in a rut.
  8. Create rubrics to grade yourself and employees; this shows thoughtfulness and reduces bias when grading employees on their abilities.
  9. During reviews, offer each employee a time to have a moment of reflection. Ask them, “do you have an issue with management, a co-worker, or the organization that needs to be resolved?”
  10. Practice being able to discipline without bias; this practice helps maintain uniformity in the organization, and builds a level of trust for the employee in relation to management.

You will never be able to keep people completely happy. And following this plan will not eliminate every employee’s discontent. I still implore each manager to have a plan, and  stick with that plan during both the good and bad times. Work with diligence to ensure the employees you manage have enough space to consider their place and role in the organization.

We work and work till we are tired. The days and months will pass us by, and before we realize it our most important employees are desiring to leave the organization and often we don’t even see it coming.

Please review my 10 key points; by reviewing these points I hope that you’re able to improve employee satisfaction. It is important that managers ensure that an employee’s concerns are heard. There should be open lines of communication in all phases of hierarchy; ownership–>management—>employee. Communication is paramount to ensuring business success.

A company can quickly collapse under the duress of organizational stress. To prevent this collapse managers must pride themselves on using “workplace levers” in an appropriate manner to maintain balanced scales of power in these “workplace courtrooms” that house office politics in every business and industry.

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Sam Blakemore is the Pharmacy Manager of Peds Rx Pharmacy Solutions. Connect with him via: LinkedIn