12. THE ONLY GUARANTEE OF CONTINUOUS BUSINESS GROWTH - INTENTIONAL GROWTH - PART 4 - FLORIN LUNGU
Recorded Live at International Business Growth Radio (www.IBGR.Network)
As leaders in business, it is our responsibility to develop our teams and develop ourselves. When I help business owners taking the HR hat (or better said the HP – Human Potential hat) the first thing we have them do is creating the three-year plan for each of their team members. From where do they wanna be, what roles would they fill, would they even be on the team, what skills gaps they need to bridge to become the person they need to be to perform in that role, and who could replace them if they quit.
Show Objectives - The Why
The reason why everyone should consider this a priority is that everything is in constant change. What brought us up to where we are today is not what’s gonna take us where we need and want to be in three years.
Business scale-up starts with skill and mindset scale-up. Business development starts with people development. And that’s what we’ll cover in this show. 😉
Key Issues - Owner Perspective:
The biggest challenge to making individual and team development a priority is the illusion that we are automatically growing just by doing what we are doing in our daily activities. But the fact that we are doing things and that we are experiencing things is not enough if we are not taking the time to pause and reflect upon what we have been through. John Maxwell says we should pause so we allow the growth to catch up. When we are in the middle of the activity, we’re not thinking about what we’re doing, we are into the action mode, we are in it. And in order to grow, we need to allow that space so we think about what we have experienced, how has that impacted us, what did we learn, what could we have done differently and what will I do differently next time in a similar situation. That’s the thought process.
What You Need to Know - The What
Identify your growth needs and your team’s growth needs.
Where do you see yourself in three years? What role would you love to play in your business?
Looking at where you’re going to be in three years what areas do you need to grow in? What skills do you need to develop to be successful in that role?
Where do you see your team in three years? Who is still on your team? What roles do they play?
Five questions every leader should ask themselves about each of their team members:
1. Where do I see this person in three years?
2. What is the uniqueness they bring to the table?
3. Where in the organization could they use their gifts to make a greater impact?
4. What areas would they need to grow into to be where they have the potential to be in three years?
5. What is my plan to helping them bridge that gap?
What You Need to Do - The How
Business Scale-up starts with team scale-up. What organization do I need in place in three years to take my business where I need to be and it should be?
Creating your team’s growth plan.
- Skills they need to do their job well
- Attitude & Mindset
- Interpersonal skills
Involve your team into their growth plan by allowing them to include areas they’ll love to grow into and study like their hobbies and passion,
With involvement comes ownership and with ownership comes responsibility.
Shows:
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● Next: Episode 13-15 - Put Your People First - Multiplying Your Success