Episode D5.012 Summary of Season 2 People Stage V (NA)

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Introduction

You can have great processes and great products, but the execution of your business plan is dependent on the people in your organization. Your investment into hiring, retaining, and developing the People in your organization is one of the highest returning investments that you can make into your business. Jim Collins, the author of good to great states that “Great Vision with great talent is irrelevant.”  The next great business feature or offer to your customers will be developed or executed by People.  Your existing business plan will be executed by your people. 

In addition to the operation of your business, People play a key role in developing, contributing to and maintaining your company culture.  Peter Drucker is quoted as saying "culture eats strategy for breakfast". This implies that the culture of your company always determines success regardless of how effective your strategy may be.  The culture of the company is dependent on the people in your organization.

Show Objectives - The Why
The purpose of today’s show is to walk you through the key steps that we discussed in Season 2 that can help you grow your business by growing your people. 


Key Issues - Owner Perspective:

1. Company Provides a Career Path
   
2. Promotions Based on Performance, not Connections 
   
3. Formal Training Programs for Job Demands & Career Development
   
4. Responsible for Continuous Improvement 
   
5.  Relationship with Management and Ownership is Open and Based on Trust
   
6. Performance Appraisals are Formal
   
7. Leaders Act More Like Coaches 
   
8. Hire the Best Talent 
   
9. Retaining the Best Talent 
   
10. Quick at Separating Mismatches from Business
    

What You Need to Know - The What- Segment 2
The link to all of the show notes for seasons are provided below. 

• Company Provides a Career Path (23JUL20)
  
• Promotions Based on Performance, not Connections (30JUL20)
  
• Formal Training Programs for Job Demands & Career Development (6AUG20)
  
• Responsible for Continuous Improvement (13AUG20)
  
•  Relationship with Management and Ownership is Open and Based on Trust   (20AUG20)
  
• Performance Appraisals are Formal (27AUG20)
  
• Leaders Act More Like Coaches (3SEP20)
  
• Hire the Best Talent (10SEP20)
  
• Retaining the Best Talent  (17SEP20)
  
• Quick at Separating Mismatches from Business (24SEP20)
  

​What You Need to Do​​ - The How- Segment 3

1. Be a part of our Community of Commerce to get access to all of the episodes in all lanes including Finance, Operations, Sales, People, & Owner as Executive. 
   
2. Determine where your business needs grow and then focus your effort on growing your people to get you there.
   
3. Engage with our community on our website www.ibgr.network and listen to the podcasts that address your area of need.
   
4. Get ready for our 3rd quarter launch on October 8.
   

Shows
Previous: Episode D5.011 Quick at Separating Mismatches from the Business
Next: Introduction to Season 3

Written by James Bryant
Let’s connect.  Use this link to schedule a complimentary session to assess your current leadership training, and executing coaching needs.
https://calendly.com/james-betteryou4u/ibgr

We can also connect on Linkedin
https://www.linkedin.com/in/jbryant2/
 

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