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5 Ways to Improve Feedback So You Energize and Retain Your Valuable Business Team Members

A Growth Mindset approach to feedback will grow your team. Focus employees on how their contributions meet desired outcomes. It brings purpose to their work and energizes everyone to share creativity, be more efficient. Change occurs more quickly with clearly stated expectations and mentoring from you as a leader.   The media often presents a contradictory picture of young people, focusing on their almost constant need for praise and feedback. While the desire for a little praise and feedback is true of all generations and some personalities, too much praise—without problem-solving encouragement—has been found to be detrimental for individual growth from early childhood on. It can affect personal and professional growth. A few years back, the concern about over-praising and feedback was focused on Millennials. In my experience coaching professionals at all stages, it is more common among that generation. For those who are older, I notice a maturing of this need as they are guided to develop their talents. However there are others who rely on their out-going personal style and exhibit a people-pleasing drive. Everyone in the work world has experienced this aspect of the millennial charm. They’re the first to describe themselves as energetic can-doers — fast, smart, eager, and exuding self-confidence. They’re often great in an interview and show up to take on many tasks. Plus, they’re usually fun to be around. For this group and any generation, Professor of Psychology and researcher at Stanford, Dr. Carol Dweck, explores how doling out praise and [...]

4 Steps to Frame a Change and Manage Your Team During a Transition Period Within Your Business

When business owners, business partners, and leaders learn to carefully frame a change for their team, group, or employees, they assume the position of role model and outline how they intend to approach the change, and how they expect others to respond and behave. This 4 Step approach to FRAME IT ensures greater success and more efficient outcomes. Unanticipated change within your company can elicit a wide range of emotional responses in you and your team. On one end of the continuum, change is sometimes met with enthusiasm if it's perceived as a positive. For example, if you provide increased healthcare or child care, or time off benefits, you will likely see relief, even joy, among your employees. Other types of changes however may be met with anxiety, even fear, when perceived as a threat to the status quo. This often occurs when there is a change of ownership when new leadership is brought on or there are shifts in roles and responsibilities. A third reaction to change in the work environment is a more neutral — a go with the flow, matter-of-fact, seemingly resilient response to shifts being implemented. This indicates the change is not threatening. No matter the size of your business, owners, business partners, group leaders, and team managers are faced with many demands in the work environment. Decisions made at these times roll out a series of change events for small business teams or for multiple business groups in a large organization. Success, for [...]

How to Run a Successful Business Together as Business Partners

As in all close interpersonal relationships, when business professionals are unaware of different relationship styles—without a compatible mindset, and set of tools, and skills they can use together—each partner individually reverts to what they know best. What they know best is typically unconscious, old, less functional, patterns. This article will tackle these three points of context and answer the following questions... What are the pitfalls of co-owning or operating a business with your partner Understanding the choices and consequences of relationship styles What are the four keys to a successful business partnership Like everyone else, put two business owners together and you’ll find some random combination of approaches to relating which can get them in trouble when faced with conflict and their styles are different. Married couples in business together can be doubly susceptible since they live and work together. I always say when partnerships (personal or professional) are going well, they are wonderful. It's when faced with conflict or disagreements that relationship style differences bring on a challenge to change. What originally feels like a positive connection becomes confusing. Responses that used to work no longer work. Without new information, people do not know how to work themselves out of this sticky situation on their own. They can push it under the rug, but typically it does not go away without being addressed. That's why many couples work with therapists or life coaches. In the world of work, business, and careers, having a business coach or business transformation consultant [...]

Coaching for Business Partners: 4 Times to Work with a Skilled Business Relationships Coach

Business partnerships have a lasting impact on how and where a business will grow. It takes clarity and communication to make it work. All parties understanding their responsibilities, fulfilling the expectations of the mutually agreed-upon objectives for growing the business. Establishing processes to maximize each other’s strengths, focusing on commonalities in values, and shared visions for business outcomes creates a foundation of trust from which to grow. Business partner and owner coaching lead to successful outcomes. Figuring out how to bring unique individuals together in a successful business partnership is the goal. Because when things are going well, there’s an almost indescribable energy. And when things are going well between you, it carries throughout your organization and all relationships. Together you create better. You communicate better. You work better. You play better. You just do it all better. - Jan Hoistad This article takes a look at coaching for business partners and breaks down 4 times when you need the expertise of an experienced Business Relationships Coach whether you've been in business for a while or just starting a new business. How To Make a Business Partnership Work Business Partner Case Study Focusing For Better Alignment and Successful Outcomes Preventing or Repairing Difficulties in Business Partnerships Summary If you’re looking for guidance on improving your relationships in the business world, you’ll find lots of information on developing sales and management or leadership styles. Some resources focus on aspects such as presence, empathy, confidence, and listening skills. Information on how these [...]

Crafting the Arc of Your Career and Life Story One Life-Stage at a Time

Careers, businesses and family lives develop through a series of phases. When fully—some would say success"fully" lived—each phase has an arc that rises, peaks, descends and resolves as the next begins. If you approach your career, business and personal developments with this natural structure and rhythm in mind, it allows you to live the current stage fully, anticipate and plan for next phase. This is true no matter your age, life stage or generation. Coaching can help you excavate these aspects of your life, oftentimes making a life feel richer in the reflection and taking intentional action. Nowadays, with such long-life, you have the opportunity to approach each decade, each 10 - 15 year phase acknowledging an underlying natural rhythm, focusing the arc of your activities toward outcomes—the personal and career growth, self-development learning and chronological life-stage accomplishments you desire—as you design, craft and create your life story. If you are a business leader, business owner or entrepreneur, on this foundation you can successfully craft the arc of business developments and plan the future with eyes wide open. Couples and Dual-Career Couples can integrate personal and professional with eyes wide open.   It's Your Story—You Get to Rewrite and Build Each Stage When you acknowledge the context of multiple 10-15 year phases, your career story takes on personal meaning—because you write it, and live it. Like many authors, the outcomes for their characters are not always fully known, but various factors compel the actions and eventual outcomes. The [...]

Choosing Among 4 Business Partnering Styles to Understand Their Impacts Your Business

Business partners work successfully together when they are coached to acknowledge individual differences but work toward common agreements. Doing so they acquire the mindset, tools and skills of a long-lasting and successful partnership. In this article you’ll be introduced to four relationship styles entered into by business partners. In the four articles indicated throughout and at the end of this overview, each style will be discussed in greater detail. Unlike relationship therapy or counseling, coaching for relationship style empowers you with skills and tools so you start and stay aligned as business partners. This way you can focus on building your business together! Unconscious Assumptions and Expectations of Varying Relationship Styles Each business partnering style comes with conscious or unconscious assumptions and expectations. These in turn contribute in different ways to the communication and decision-making between the business partners or owners. These interpersonal aspects include: Feelings of ease, trust, respect, and the ability to count on one another. A sense of individual contribution, recognition, and loyalty. Ease and openness of communication. Invitation, support, and encouragement of unique perspectives as part of a creative culture. A commitment to working on the “same team,” An attitude that “We can resolve anything together,” in navigating decisions and differences that impact personal satisfaction, as well as business success. Unique Differences Between Relationship Styles Each style is briefly analyzed along the following dimensions: The conscious or unconscious relationship mindset or perspective. This dimension is about ultimate decision-making power within the partnerships. It [...]

3 Productivity Practices that Pay Off in a Big Way

Career coaching leads to a successful career path and develops efficient productivity. There’s a 10,000 hour rule to become The Master of a new skill. You don’t have to be brilliant. Or Number One. Or perfect. Just persistent. Malcom Gladwell talks about this mastery that comes with repetition and practice in his book Outliers: The Study of Success. Such mastery applies to basic routines that will make your work-life or business run more smoothly and successfully. No matter who you work for—if you are the boss, or you work for someone else—take ownership of your job, your role or your company. Own it as if you own the company and your future depends on it. And put these productivity practices to work. They’ll pay off in a big way! 1. Get up early; Establish a daily morning routine. Scientific studies show that early risers tend to be more optimistic and proactive They use this quiet time to plan the day or week. It also helps them anticipate problems and set long range goals for their career or company future. Some early risers do their thinking while exercising. Some like to get into the office before anyone else arrives, close the door, clear off the desk, review their goals and start the day afresh. Another common practice of successful early risers is capturing their thoughts in a journal or diary over a morning cup of coffee. Especially in creative times of career transition or business growth I highly recommend [...]

Successful Business or Career Transition Planning Should Always Include Your Mate

Navigating Career Transitions Together During COVID-19 The Pandemic has been challenging on all levels of business, career, family, couple, and work relationships. I wrote this article before the pandemic hit, and hit our business lives, career trajectory, and pocketbooks. Work from home (WFH) is now highly endorsed by many, yet not possible depending on the industry and family needs. Business owners, dual-career couples, and couples in business together are spinning with demands. So reading this, your perspective on transitions you had planned before may be enlarged to include not only transitioning out of a company or high-level job down the road—but maybe a shift or major reroute altogether. Some of you are leaving your company and taking a new position. Or your mate is. Or maybe you need to have further discussions about going into business together. Or one of you wants to go back to school to be retooled. Retirement or slowing down may be pushed down the road. Either due to economics, recent life experience or just the facts and changes brought about internally or externally, the concept of "transition" may now need to become "revision" or "re-imagine." And you need to do it together. Because you impact one another. Like a mobile one parts shift and they all shift. Psychologically we're called on to change. To be created in our responses. Not immediately in some circumstances, but that's the ultimate outcome we need to open to. So those that use imagination, who "imagine" and "re-imagine" will [...]

Coaching The Big Picture Business Partner Relationship Way—Style 4/4

In the beating heart of every entrepreneur, business owner, and business partner, is a desire to move with ease and speed, to be one step ahead of the curve, to have a partner and team working smoothly in the flow, laser-focused on achieving mutual goals and agreed upon outcomes, driven to succeed. A business is fertile ground for partnering with one or more people, often with complimentary skills, energy and enthusiasm, sometimes investing money, bringing connections or a book of business. Like many relationships, business partnerships are sometimes humorously referred to as a working marriage. Both are “working relationships.” Humor highlights the complexity such close relationships bring. And like the long-term commitment of a personal relationship, the spirit that brings people together in business also requires interpersonal skill and attention to make the business and the relationship successful over the long-haul. Yet while business partners enter into their legal and working relationship with positive expectations, even enthusiasm, statistics show that anywhere between 50% to 70% of business partnerships ultimately fail. How do you inoculate yourself against such a demise? This article introduces an approach to navigating an important business relationship that should be a great asset to you and your business. It offers insight into the mindset, skills, and tools to work as Big Picture Partners™. This style of relating in your business provides you the communication tools and processes so you arrive at mutually satisfying solutions to your business needs—so you enjoy the process of owning, growing, and [...]

Business Partners and the Unilateral Decision-Making Relationship Style 3/4

This article is part of a series describing 4 Business Partnering Styles that can have an impact on you and your business. Refer to the article published here  to get a broad overview of these approaches. The first relationship style can be found here: The Dominant—Non-Dominant Relationship Style #1/4. Then I explore The Difficulties of Business Partnerships With Undefined Roles # 2/4 and the ramifications of this relationship approach.  Today's article focuses on Unilateral Decision-Makers #3/4.  On Thursday I'll publish the final article in this series and we'll explore the Big Picture Partnering approach #4/4.   Unilateral Decision-Makers Typically Function Like Roommates in a Business Relationship In a business partnerships, Unilateral Decision-Makers are initially attracted to what they perceive as one another’s equal competence, independence, and productivity. These are typically seen as complementary skill sets which advance their business. This is also a common default relationship style among independent, educated, highly ambitious couples, who are sometimes couples in business together, running a home and an office together. When this business relationship is working, each partner typically feels energized, supported, and trusting of the work, the relationship and the business future. It's fun! Parallel Play Having characteristics of most entrepreneurs, these business owners are focused on making their vision a reality. They each tend to have take-charge and in-control personalities. When doing business partner coaching or consulting, I note that a major defining characteristic of the Unilateral Decision-Maker business owners is that they make decisions independent of one another. Often this is done [...]

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