EPISODE E3.009 Introduction of MBO - Management By Objectives

RESULTS RADIO..."Let's Grow Together"

Introduction
As of Monday morning we had Mozambique join the audience making it our 117th country, not bad for just our Second Season on the air. We currently have entrepreneurs and owners in 60% of the global business community tuning in daily - thank you and we are just getting started!
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We have three more weeks of shows left - 009 through 012 before Season 3 starts and everyone is excited about our hard launch on October 5th from the Kilo Market (Australia, New Zealand, Singapore, Philippines, Taiwan, Hong Kong, and surrounding areas). 

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Show Objectives - The Why
The biggest take away from today's show should be this - up till now your focus has been mostly tactical and for good reason, The only way to prove the business idea, the genesis of this startup, is sales. Although we might have taken a long view of the business from the beginning, the immediate has over run the strategic.

That issue has passed because you have proven the business model - sufficient and predictable cash flow coming out of Stage II. Now is the time to beginning implementing and building one of your core competencies - making strategic aspirations happen every day. The method is MBO, Managing By Objectives.

Key Issues - Owner/Manager Perspective:

1. How do I translate what is see as the future company into something everyone can see as well?
2. How do I give all employees line of sight to business objectives?
3. How do I make that process collaborative - gain their buy in and energy?
4. How do I share control without giving it up?

What You Need to Know - The What​

• EPISODE E.007 WHAT DOES A SELF MANAGED ORGANIZATION LOOK LIKE
• ​EPISODE A4.009 MONITORING PROGRESS ON MBO

What You Need to Do​​ - The How

1. Plot the Near Future of the Company, focus on several leverage points to maximize the available resources for greatest impact.
2. Bring your immediate team together to train, develop, and solicit support.
3. Create a Bushiness Event to  train, develop, and solicit support of the remaining employees.
4. Create a shared Plan going forward:
   1. ​Aspirations
   2. Goals
   3. Activities
   4. Performance Metrics
5. Install series of meetings through the company to Align, Calibrate, and Improve progress and results.
6. Create a Business Event to celebrate and repeat.

Shows

• Previous: EPISODE E3.008 MANAGING THE IMPLEMENTATION OF PD'S (POSITION DESCRIPTIONS)
• Next: EPISODE E3.010 Upgrading Platforms - Enable the New Methods and Plans