Welcome to Eagle Associates. Helping you get Results.

Meet Lois Greisen, Executive Coach and President/Owner of Eagle Associates. Lois is a Certified Business Coach with over 25 years of management experience.

Posts Tagged ‘Level 5 Leaders’

13 Jan
Are You Doing These 7 Keys to Success? Key Number 6
Posted by lois on Monday, January 13th, 2014 | permalink | trackback

Fail Forward – If Plan A fails, learn from it and move on to plan B

Focus on your plan.  If you fail, learn from it and adjust your plan and keep going.

Focus on your plan. If you fail, learn from it and adjust your plan and keep going.

As mentioned in previous blog posts, key number one in the seven keys to success, was to know where you are going.  Key number two was to develop a plan to get there.  Key number three was to implement the plan, key number four was to monitor the plan and key number 5 was to stay focused.  Today we will discuss key number 6, which is to fail forward.

Wouldn’t it be wonderful if all your plans were successful?  Well they won’t be.  When you fail you can do one of three things or variations of them:

1. You can quit. Give up.  Throw in the towel and have a pity party.   That won’t get you to your goal.

2.  Keep on doing what you’re doing and expect different results.  That is       the meaning of insanity.  If you keep on doing what you’ve always done you’ll keep on getting what you have been getting.

3. Evaluate what you have been doing.  Figure out what it is not working and change it or develop a better plan.

Item number three makes the most sense.   The key is to change what isn’t working and continue to do what is working and don’t give up. You only fail when you quit.

You might have noticed that I haven’t blogged since July.  I could do any one of the three items listed.  I could do the first one…quit and shut down my website.  That is not an option for me.  I could do the second item on the list and just continue in my path of not blogging.  That is not an option for me either since people go to my site for tips and information.  I like to give value to people whether or not they work with me so option number three is my choice.  I looked at my schedule and I am time blocking my time.  Today my main focus is scheduling a newsletter and blogs for both of my websites (my other website is www.CoachLoisG.com ).  So I evaluated what I was doing and came up with what I hope is a better plan.  If this plan doesn’t work, I will reevaluate and come up with another.

It is so important to have a strategy for your business and this is a great time to implement the steps I have discussed in earlier blogs.  This is step 6 in my 7 keys to success.  Go back and review the first 5 steps and make the New Year your best year yet.  Are you as successful as you want to be?  Please contact me if you want to learn more or would like some help.

12 Jul
Are You Doing These 7 Keys to Success? Key Number 5
Posted by lois on Friday, July 12th, 2013 | permalink | trackback
Stay Focused

Stay Focused

Stay focused – keep the main thing the main thing

 

As mentioned in previous blog posts, key number one in the seven keys to success, was to know where you are going.  Key number two was to develop a plan to get there.  Key number three: implement the plan and key number four was to monitor the plan.  Today we will discuss key number 5, which is to stay, focused.  Stay focused by keeping the main thing the main thing.  That might seem like an easy thing to do, but it isn’t as easy as it sounds.

 

I see a lot of clients that aren’t sure where they’re going.  If they’re having difficulty they may have a tendency to jump from one idea or project to another hoping that something sticks.  So it’s important to know where you’re going and then stay focused on the vision.  Have your vision posted someplace so you can look at it every single day.  Keep it in front of you so your mind can stay focused on it.  

 

Our minds have a tendency to wander and one thought will spark another thought and so on and so on.  That’s why they call them trains of thought.  Stay focused and keep the main thing the main thing.  Find your niche in your target market and stick to it. Don’t give up and when you have finally mastered that, then you can add something new; but not until you have it running like a well oiled machine.  If you try to do too many things at once you won’t master any of them.  Become the best in your field by staying focused on the main thing.  Let’s look at an example on a smaller scale.  Sally starts a home based business…let’s say she becomes a Mary Kay Consultant.  She starts off with a bang, but six months into her career, she is not happy with her results and someone convinces her to start another home-based business.  She starts selling jewelry, thinking that she will double her income with two businesses.  A couple of things happen.  First, some of her customers become confused.  They think that Sally is no longer selling Mary Kay and they order their re-order product from another consultant.  Second, Sally’s mind becomes confused and she doesn’t know which business to discuss with different people she meets so she doesn’t talk about either of them.  Sally becomes disheartened when her sales actually drop and she quits both and goes back to work in someone else’s business giving up her dream to be self employed.

 

I talk about the importance of having a strategy for your business.  Keep that strategy in front of you.  Stay focused and keep the main thing the main thing.  This is step 5 in my 7 keys to success.  Are you as successful as you want to be?  Please contact me if you want to learn more or would like some help.

 

13 Jun
Strategic Plan – Top Reasons to Develop a Strategic Plan
Posted by lois on Thursday, June 13th, 2013 | permalink | trackback

Many companies don’t have a written strategic plan or theyOrganizational Alignment have an outdated plan.  They just have a general idea of where they want to go.  They are headed in the right direction and probably make progress every year.  So why have a plan if things are going in a positive direction?  I have shared a couple of reasons and here is a fourth.

A fourth reason to develop a strategic plan is that the highest-ranking businesses have a strategic plan and the ones that fail often do not have a strategy.  Is that true across the board?  No, but it is typically true and wouldn’t you want the odds on your side?  I know I would. 

 

In order for your business to be successful, it needs a roadmap to take it where it wants to go.  You need to know where you are now and what results you want for your business in the future (vision).  If I wanted to go to San Antonio, California, I would need to map my plan from Frazee, Minnesota (since that is where I live)…not from New York City. 

 

As you develop your strategic plan you will assess your current strengths and weaknesses internally and look for opportunities and threats externally.  In other words, your SWOT analysis.  That is your starting point.

 

Now you can determine the things you want to achieve in the next year or so that will start to take you to your vision.  Then you can develop the strategy on how to get there.  Now you have a roadmap to success.  You need to be sure your people know about your plan and that they are working toward it and you need to be sure your operations or processes are moving in the same direction as well.  Developing a strategic plan is one thing, implementing and executing the plan must happen or your planning is fruitless.

 

 

 

Make strategic planning a priority in your business.  If you need help, please let me know.  Your return on investment could be the success of your business.

 

 

 

Please post your experiences with strategic planning that you and your company have seen so that others may benefit.  Also, if you liked this post, please share it with a friend and if you have not signed up for my newsletter, please do so.  Take action now.

 

11 Jun
Strategic Plan – Top Reasons to Develop a Strategic Plan
Posted by lois on Tuesday, June 11th, 2013 | permalink | trackback

Many companies don’t have a written strategic plan or they Execution Value Gaphave an outdated plan.  They just have a general idea of where they want to go.  They are headed in the right direction and probably make progress every year.  So why have a plan if things are going in a positive direction?  I have shared a couple of reasons and here is a third.

A third reason to develop a strategic plan is that it can help the organization benchmark its results.  Not only can the company benchmark results against itself, but it can also compare itself to other businesses in similar or like industries.  This can be beneficial if a sale of the business is planned.  Prospective buyers can utilize the information when making a decision whether to buy or not.  The seller can utilize the information when valuing the business for sale.  Benchmarking is also helpful when reporting to investors. 

In addition, knowing that progress is being made on the goals being worked on is very rewarding and motivational.  Employees see that they are making a difference and are more motivated to do better and committed and loyal to the company.  Teamwork improves and a positive work culture is generated.  Most people enjoy a challenge and goals set by both the team and the individual are motivational.  As staffs work toward the initiatives of the plan, work is more exciting and enjoyable.  A positive work culture will help the organization attract the best people and pay a competitive wage rather than a premium.    Employees will know where they are headed.

 

A strategic plan is beneficial both financially and emotionally.  It can help improve the profits of the organization and motivate and challenge the employees resulting in a win-win position.

 

 

 

Make strategic planning a priority in your business.  If you need help, please let me know.  Your return on investment will be worth it. Please post other reasons to develop a strategic plan that you and your company have seen so that others may benefit from your experience.  Also, if you liked this post, please share it with a friend.  Take action now.

 

 

03 Jan
Factors Leading to Business Success – Number 3
Posted by lois on Tuesday, January 3rd, 2012 | permalink | trackback

Great leadership is my third factor that impacts business success.  Companies with poor leadership usually fail in the first year or two.  Keep in mind that even established businesses can fail when they outgrow the capabilities of the current leadership.  Jim Collins does a wonderful job explaining levels of leadership in his book “Good to Great”.  He explains five levels of leaders with level 5 leaders being the top or ideal.  Level 5 leaders put the organization first.  When things go wrong, they look in the mirror and when things go right, they look out the window.  In other words, they don’t blame others when there are problems and they don’t take the credit when things are going well.  Often times the level 5 leader comes from within the organization and has grown from a level 1 leader through each layer of leadership to 5.  Great leaders are developed, not born.

If you need help developing your leaders or yourself, contact me.