Pascoe's potshots

Latest

LEADERSHIP: TURNING AROUND FAILURE

published:2010-09-06 01:00:00

I’ve just discovered that my favourite blogger, Seth Godin, is also a columnist with the Harvard Business Review. However, even in this mainstream venue, he retains his quirky preoccupation with what’s wrong in the world. He prises open our minds and this is certainly true when he redefines

This Potshot has 0 comments:

Subscribe


Subscribe to RSS feed

Or receive Pascoe's Potshots weekly by email

Recent

LEADERSHIP: HOW’S YOUR KNOWLEDGE AND COURAGE?

published:2010-08-30 01:00:00

What do lobsters, scorpions and bees have in common? Yes, a capacity to inflict a nasty bite. But they also all lack a

This Potshot has 0 comments:

LEADERSHIP: 12 FACETS OF EMOTIONAL INTELLIGENCE

published:2010-08-23 01:00:00

A valuable gemstone has many facets, each finely polished. To be a valuable leader, you similarly need a range of carefully honed capabilities.

This Potshot has 0 comments:

LEADERSHIP: FIVE FAULTS TO FIX

published:2010-08-16 01:00:00

Another home run for Seth – my favourite blogger. His posting of 13 June* describes the entrepreneur’s desire for a magic lottery ticket –

This Potshot has 0 comments:

Search Pascoe's Potshots

LEADERSHIP: AVOID NEW YEAR'S IRRESOLUTION

Enthuse stakeholders, keep their support, build share of market, beat the competition
Don't lose market and employee trust and support; avoid losses and bankruptcy

Every year's different. But, 2009 looks like being really different. For many, the most challenging year ever. So, let's cut to the chase: as you return to work, which of your stakeholders is most frightened - in relation to their dealings with you and your business? Is it customers, employees, suppliers or, perhaps, your bankers? And, what are you going to do to ensure they don't abandon you?

Here's one alternative. Take a piece of paper and work through some simple steps:

  1. List your key stakeholders - by category and name;
  2. Prioritise them in terms of criticality to your business;
  3. List their likely concerns about your business (or your area of it), and your role as leader;
  4. Define what you must do to give them confidence, so they'll support your plans and not take their custom, support, service or funding elsewhere?

Making notes is a always good. However, to be more thorough (not a bad idea at present!), why not develop a Leadership Action Plan? And, our V|E|C|T|O|R framework can help you. It provides sample questions stakeholders need answered, if they're going to trust and support you. And, actions you may need to take: some of which may be technical or market-focused; others related to people and culture. And, at each step, you'll be offered resource material and ideas to assist your thinking.

Certainly beats working alone, and on paper! And, you end up with a one-page, printable plan, which can be emailed to key colleagues to get their input. Always good for building involvement and support!

As 2009 begins, many people will return to work fearful and uncertain. Still numb from the avalanche of depressing news and statistics from the last months of 2008. Don't be one of them. Carpe diem! Don't become a statistic yourself.

Those, who have the courage to plan properly - and be resolute in January - have the best chance of success as the year goes on. Come to think of it: there's nothing wrong with being a statistic - so long as the ink is black, not red.

Categories for this Potshot:

GFC Potshots, Understanding V|E|C|T|O|R, Define goals and outcomes, Develop plans and actions lists, Prepare for external shocks, Attend to customers, Engage people, Drive strategic rethink, Embed innovation, Re-jig priorities,



Dr. Timothy Pascoe AM
PhD (Cambridge), MBA (Harvard), BE & BEc (Adelaide)
Creator, V|E|C|T|O|R Leadership®

Did you enjoy
this article?
Subscribe to
RSS feed

Please comment on this Potshot

name
the name you enter will be displayed beside your comment
email address
this must be a valid email address. It will not be displayed
Comment
Conditions of posting: please feel free to post your views, but note that any post that is defamatory, contains bad language, or is spam will be blocked and deleted.

This Potshot has no comments yet