Winning Streaks How to Maintain Momentum When Your Business is on - - PDF document

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Winning Streaks How to Maintain Momentum When Your Business is on - - PDF document

1/15/2019 Winning Streaks How to Maintain Momentum When Your Business is on Top Chuck Violand January 26, 2019 Questions for an Effective CEO 1 1/15/2019 5 Steps of Small Business Management 2 1/15/2019 Finding Your Place Options


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Chuck Violand

Winning Streaks

January 26, 2019

How to Maintain Momentum When Your Business is on Top

Questions for an Effective CEO

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5 Steps of Small Business Management

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Finding Your Place

  • Options

– Coast for a while (not a good option) – Sell the business and retire – Flip-flop in and out of the business

  • Progress from “me” to “we” to “them”

Redefine “Exit”

  • Rethink your contribution and value
  • Reframe your purpose
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Traps to Avoid

  • Coasting
  • Being a finished product
  • Seagull management
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Chart the Course

  • Commit your Plan to writing
  • Keep your Plan simple
  • Engage your people
  • Test your Plan

– Logic – Capacity – Alignment

The Dangers of Not Planning

  • We lack accountability
  • The team becomes misaligned
  • We spend our time

chasing shiny objects

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Execute the Plan

  • Hold everyone accountable
  • Act in alignment with the plan

Act in Alignment With the Plan

  • You are the Chief Cultural Officer (CCO)
  • Your company reflects you
  • The culture is the company’s

gyroscope

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Traps to Avoid

  • No Plan or ineffectively using the Plan
  • Execution exhaustion
  • Plan rigidity
  • Ego depletion
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Stay Engaged

  • Find work that keeps you involved
  • Surround yourself with people that

energize you

  • Revisit your “Why”

Traps to Avoid

Entrepreneurial behavior:

E-Drift

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Traps to Avoid

Entrepreneurial behavior:

Hiding Out

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5 Steps of Small Business Management Focus Your Efforts

  • EQ rather than IQ
  • Social awareness
  • Broader world view
  • Understand how your role changes
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Traps to Avoid

  • Short Ladder Syndrome
  • Leadership Debt
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Find Great People

  • Surround yourself with great people, even

when they disagree with you

Develop Top People

  • Recruit speed or chase speed
  • Continually develop your talent
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Traps to Avoid

  • Surrounding yourself with “Yes” people
  • Defaulting to friends and family
  • Assuming managers can manage

Traps to Avoid

Entrepreneurial behavior:

Heroic Management

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Traps to Avoid

Entrepreneurial behavior:

No Accountability

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Examples to Follow Focus Your Efforts

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Traps to Avoid

  • “Going Hollywood”
  • Confusing humility with weakness

I’M SORRY, I CAN’T HEAR YOU OVER THE SOUND OF HOW AWESOME I AM

Traps to Avoid

  • Hedonic Treadmill (yacht envy)
  • The irrational pursuit of more
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“Comparison is the thief of joy.”

Theodore Roosevelt

Let’s Summarize

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  • 1. What’s Your Next Place?
  • 2. Keep The Company Focused
  • 3. Keep Your Head In The Game
  • 4. Keep Growing Yourself
  • 5. Build Your Team
  • 6. Work On Your Humility

Take Control Rise to the Challenge

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7026 Mears Gate Drive NW, North Canton, OH 44720  +1 800 360 3513

  • ffice@violand.com  violand.com

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