Navigating a fierce industry or marketplace, where each CEO is as hungry as the last, can seem overwhelming. But as I’ve learned, hunger for success does not always equal readiness for flight. To really get things done, you need clear objectives, focused confidence, and flawless teamwork.
Intentionally setting the right core values and then actively developing team members who live up to them is essential to obliterate obstacles to business growth regardless of circumstances.
It All Starts With the Team
One of the most important motivators is ownership. Even when overseeing projects, allow team members to take full responsibility for their work. Not only does this allow for creativity out of expertise, but the responsibility creates necessity, allowing each individual to unearth their best work.
Being a TrueTEAM member means knowing results come directly from the sum of all working parts. While ownership takes time to master, it allows each team member to discover the best practices and smoothest path to victory on their own by interacting with the workflow process. In this way, they become leaders in their tasks and the mission of the organization. And, of course, we’re a team – everyone supports each other and works their hardest alone, but we always have each other’s backs.
So team members Speaking Up when they are stuck or want to collaborate is vital on a TrueTEAM. This is even more true for businesses that are working virtually to harness the best talent. More about Speaking Up below.
Judgment, Feedback, and Trust
It goes without saying that when teammates go after ownership so vigorously, they gain hands-on wisdom, experience, and insight. This allows everyone to chase common goals with a tried and true skill set. Better yet, this judgment, dedication, and skill bleed through on the front-end, turning clients into full-fledged fans of the thoughtful work produced.
Why go for results when team members can be proactive and use informed judgment to achieve a “wow” impact?
The teamwork doesn’t stop at mutual collaboration or blind agreement. One of the staples of a core value-driven approach lies in giving the right feedback and never being afraid to correct others’ mistakes or points of where actions are off track. Speak candidly, participate frequently, and Speak Up when you get overwhelmed and become aware of course corrections. I refer to this as a “speed of trust” advantage because I know that team members are performing or will engage stakeholders when performance is off. It’s remarkable how quickly you can overcome obstacles when everyone is comfortable asking for the right help.
Continuous Mastery
It doesn’t matter if you’re a student, working team member, or full-time leader – or all three. No matter where you are in life, you will benefit by adopting a learning mindset. This means actively developing your knowledge, how to work even more effectively, cultivating talents, and expanding your capabilities. Similarly, you want a team where all members are hungry to learn, discovering new strategies and success habits even when they’re off the clock. This doesn’t have to equate to overtime. Instead, consider mastery as a continuous goal, something that never sleeps and always brings you closer to your next milestone.
Do Well by Doing Good
Do work that makes your clients raving fans. You may not be the biggest but be the best. Part of doing well is doing meaningful work, that we are here for a reason. This is a strong rallying point to attract, develop, and retain the right talent. It’s one thing to do solid work, but it’s another to do work that aims to revolutionize and revitalize a field.
With these values in mind, your team will operate with focus, hone valuable skills, and develop into a stronger unit day after day. Plus they might even stay with you for the full flight instead of parachuting out.
People and Financial Impact
Attracting the right people who do the right thing well, makes piloting your business so much easier. Not to mention, CEOs gain peace of mind when team members use core values to guide their thinking and actions. Core values are like the voice of the control tower guiding flights.
Value-driven private businesses can measure the results in revenue growth, increasing profit, accelerating cash, and dramatically building business value to get paid twice. What is your financial flight plan?
How Foresight CFO Is Different from Other Outsourced CFO Services?
At Foresight CFO, we provide outsourced Growth CFO services tailored to meet your specific needs. We provide consummate operational and financial services aimed to grow your business through effective strategy and hands-on follow-through.
Let me know if you want to talk through exit options to start with the end in mind or get it done sooner versus later
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[…] – at Foresight, we call this a Financial Flight Plan, where everything is taken into account with our TrueTEAM working with your leadership team to make […]
[…] – at Foresight, we call this a Financial Flight Plan, where everything is taken into account with our TrueTEAM working with your leadership team to make […]