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“… the only thing we have to fear is fear itself”

January 12, 2022 by Mike Russell Leave a Comment

“So, first of all, let me assert my firm belief that the only thing we have to fear is fear itself – nameless, unreasoning, unjustified terror which paralyzes needed efforts to convert retreat into advance.”
– President Franklin D. Roosevelt’s first inaugural address, March 4, 1933

Summary

Increased anxiety has been a news item for a while.

If we don’t keep fears about the future in check, we will unnecessarily retreat from life … personal and professional. And that’s not good for you or those around you.

And doubly not good if you are a leader.

Take out your “head trash” – nameless, unreasoning, unjustified fears – and live better!

 

Article

Notice how President Roosevelt described fear: “nameless, unreasoning, unjustified terror.” He was talking about the Great Depression, but the concept is the same today with what you may be facing.

The pandemic, economic uncertainty, political storms, and other societal events grip our consciousness. Politicians and media, especially “news” and social media, capitalize on our insecurities and add to them. Anxiety about the future is stoked to induce the need for “keeping up” and tuned to the news. This in turn increases anxiety even more to where increased anxiety itself has made the news.

If we don’t keep fears about the future in check, we will unnecessarily retreat from life … personal and professional. And that’s not good for you or those around you. And doubly not good if you are a leader.

Don’t let them do it to you.

Take out your “head trash” – nameless, unreasoning, unjustified fears – and live better.

Here are some perspectives and actions to do that …

Fear can actually be good as it is a basic survival instinct. It has both mental and physical components. It saves us in emergency situations and is a normal part of human functioning. We need it for the true, immediate emergencies we may face in life.

The main problem with fear is when fear isn’t related to true, immediate emergencies.

It is the “might happen” type of fear that gets us into trouble.

One of our strengths as humans is the ability to think ahead and imagine danger in our future path. Unfortunately, this ability also allows us to overreact in the current moment. The overreaction comes from unjustified fear.

The further the event is in the future, the more the “good” side of fear ceases to be good and drawbacks mount. Most any “emergency” in the future is a non-emergency right now. “Maybe” doesn’t merit real fear and fear-based mental and physical responses.

To reduce fear and anxiety, we must address the causes. The two main causes of fear and resulting stress in the workplace and life, according to Dr. Alan Weiss, are:

  1. Not knowing what will happen tomorrow.
  2. Feeling like you have no influence over what will happen tomorrow.

We can handle these!

  1. Accept you will never know exactly what will happen tomorrow.
  2. Understand you may be able to influence, but not completely control tomorrow.
  3. Convert nebulous, internalized fears to specific concerns. Then take appropriate actions in your control.

Accepting you can’t know exactly what will happen tomorrow sounds negative. It’s actually the opposite. Acknowledging some uncertainty in the future is positive. It frees you from needing perfect plans based on imperfect knowledge.

Proven risk management tactics will reduce your fear and anxiety by concretely addressing uncertainty. Ask these questions about each of your big fears:

  • What is the fear – what exactly am I afraid of?
  • What are the chances – the probability – that this thing will actually happen?
  • Is there any way to reduce the chances of it happening?
  • How would I know that it’s about to happen? What “trip wires” can I identify that will alert me that I should prepare for this?
  • What will be the impact if it happens?
  • Is the impact likely enough and significant enough to prepare?
  • If so, what preparations can I take so I’m ready when one or more “trip wires” indicate the fear is about to become reality?
  • What can I do before or when it happens to limit impact?
  • Am I willing to do the preparations and pay the cost?
  • Is the time and cost worth it compared to the benefit of preparing?

The questions help move us from something fuzzy to something that is more defined. Once we write down what we know about a future problem, it already seems much more manageable.

The questions also provide clues about what we can do – how we can influence – the future. Those questions identify if there are any actions we can take now to limit or even avoid damage in the future.

The last question about benefit versus cost is very important. The answer gives us a clearer idea of how bad we think the risk – the danger – is in tangible terms. This helps us prioritize. If we’re unwilling to invest the time and money to prepare, then we shouldn’t fear at all. That fear is not that important to us.

Working through the questions and making explicit decisions puts you in control, rather than being controlled by fears.

If I live in Nebraska, for example, articles about a potential increase in hurricanes doesn’t mean personal preparation. However, tornadoes are common and need consideration. Even with tornadoes, there is some point – different for different people – where additional preparation isn’t worth it.

Man-made risks also provide examples. We can reduce the risk of future car crashes through driver’s education, driver testing, defensive driving, and the like. We can reduce the risk of tooth cavities and decay by brushing and flossing. But we don’t stop driving to completely get rid of the danger, nor do we stop eating to save our teeth.

You can think of many more examples.

Fear isn’t only a personal issue, it is a leadership issue. Any organization is less productive if fear levels are higher than they should be. Less innovative. Less agile. Lower productivity, innovation, and agility hurt results and the bottom line. Therefore, addressing fear and resulting anxiety is a leadership responsibility.

  • Leading implies a direction, so have one in your organization. This is especially important in times of crisis and high anxiety. Directionless organizations provide an environment in which people’s fears run rampant.
  • Use the risk management questions above to work on business risks. Help any individuals work through the process from an individual perspective as needed.
  • Make sure you communicate what you are doing. People need to understand your actions. Otherwise, you will add anxiety about future actions.

The good news for leaders is that just by leading you will dispel some fear. Inactivity on your part is like the captain of the ship sleeping while the ship is heading for the rocks. Doing so does not give the crew confidence in their future now or in the future.

We can’t change yesterday, nor can we predict tomorrow. We can, however, do something at this moment that will improve our lives in the present and also influence the future.

Fear is only “bad” and invincible if we let it be that way. Don’t let it!

Note: Based on an earlier post from February 28, 2020, amid fears about COVID-19 coronavirus and a possible pandemic, financial market gyrations, continuing terrorism, escalating political dramas, locust swarms in Africa, and so on. The message remains the same, even as it did in 2017 with the then-update of a message originally sent after the 9/11 attacks.

Filed Under: Uncategorized

“Don’t bring me problems”

September 19, 2021 by Mike Russell Leave a Comment

Do you tell team members “Don’t bring me problems … bring me solutions”? Beware … this can create even more problems.

Here’s why …

It’s good to encourage team members to think about how to solve a problem rather than just, in effect, complaining about it to you. Team members who can deal with some problems on their own – and also improve their work – are critical for any business striving to deal with uncertainty and market turmoil.

There are downsides to requiring only solutions, however:

  • If team members don’t have good capabilities to identify and think constructively about solutions, then they may come up with poor solutions or solutions that will make the problem worse. They may also hesitate to come forward at all, leaving problems to fester and even worsen.
  • If the culture is “admitting you cannot do something = failure” then it is unlikely anyone will come forward with problems or seek help from others. Who wants to be seen as a failure?
  • The solutions may only address symptoms and not root causes; therefore, problems are almost guaranteed to surface again. Are you just looking for something to approve or disapprove? If so, and time isn’t invested in verifying the root cause is addressed, then you are missing an opportunity for improving skills of others AND adding more trouble in the future.
  • You can be seen as focused on making your own time efficient and not interested in developing your team. The rule to only bring solutions will remove you from helping people develop good, or better, solutions and share your experiences. On top of that, “development plans” will appear meaningless, a waste of time, and a façade in the face of actual day-to-day practice.

All the above can increase cynicism and a “why bother” mindset … the opposite of a proactive, agile mindset needed to face business challenges.

How are you perceived as a leader regarding problems and solutions?

Are you unintentionally fostering an environment that creates negative perceptions like those above? Do you provide a good example? Or do you think asking for inputs from others or seeking help = failure?

In addition to self-examination, seek feedback from others to get a more accurate view of the picture of you that you “paint.”

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Need help developing the solution and work improvement capabilities of your team? You don’t need to burn time and money creating your own program. There are proven alternatives like our Peer programs that can also return a positive ROI by the time the program completes.

Filed Under: Uncategorized

“Training” does not work!

August 8, 2021 by Mike Russell Leave a Comment

What everyone ought to know about training - Mike Russell

Summary

What businesses want from training is not “training.” What businesses want is sustainable behavior change to improve business results – and business results need to be measurable!

The article below outlines what you need to know about why traditional training does not work to produce sustainable behavior change. It also includes guidance about how to change your current training to be more effective.

Tired of wasting your training budget and need help? There are proven alternatives like our Peer programs that can return a positive ROI by the time the program completes. Peer programs are available across a range of disciplines, skills, and industries.

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How to get real results from training

Everyone wants effective training.

The trainees. The trainers. The business.

The problem is most don’t know – or don’t know what to do about – the most important thing about typical “training.”

Traditional training doesn’t work – and it doesn’t provide the hoped-for ROI.

Training spending was around USD$82.5 billion in the United States alone in 2020, according to Statista. Standard lecture-based training has an effectiveness – at best – of 20-25%.

That means about $61-66 billion in training dollars were wasted. In a single year. And just in the U.S.

Why?

What businesses want from training is not “training.”

What businesses want is sustainable behavior change to improve business results – and business results need to be measurable!

Typical “all at once” training does not achieve lasting behavior change and wastes the investment. Fundamental change magnifies the problems. Transformation, for example, will NOT occur based on traditional training.

Now in the post-COVID world, training programs built on the old model, particularly those aimed at leadership development and sustainable change, not only no longer work in virtual and hybrid environments … but can trap participants in thinking that takes them backward rather than forward.

And, it’s not just as simple as moving training online…

Seth Godin reported in an interview with Tim Ferriss that online classes have a 97% drop-off rate. He even reported that his own courses on Udemy and Skillshare have an 80% drop-off rate.

What can be done?

Plenty.

And a number of actions don’t require fancy techniques or outside help.

Here are some key actions you can take to improve training ROI:

  • Application. Trainees need to try out what they’ve learned and get coaching to improve for any training to work well. Business is like sports in that regard. No one can start a new sport and be a “pro” after one training session sitting in a classroom. It is the same in business. Hardly anyone can leave a single training session in a classroom – or even a series of back-back sessions – with expert competency. The fastest and most reliable path to mastery is to try on the job and learn with expert coaching, then keep repeating the cycle.
  • Follow-up. The first follow-up should be in the first 2-3 weeks, if not 2-3 days or even hours. There should be at least 3 follow-ups to coach and confirm the trainee is on the correct path to mastery.
  • Leadership support. If leaders do not view training as important, then trainees will not view training as important. For example, we often see leaders pulling people from training for some non-emergency issue. Simple, but profound actions like that send a strong, clear signal that training – and improvement! – is a not important and is not important to the “day job.” Leaders must take responsibility for their part in achieving training ROI. Even better – and much rarer – is for leaders to participate in training and lead the way.
  • Trainee interest. If a trainee has no or little interest in the training but required to attend, the training is wasted. If the training has no linkage to success in the trainee’s work, then training is wasted. In either case trainees will comply with training but not commit to improvement. And without commitment, training will be ineffective.

Add meaningful metrics

The economic climate has caused many organizations to cut back training and development “expenses.” The core problem is “expenses” … meaning spending on traditional training and development that has no tangible return on investment (ROI). There must be a focus on the tangible now. No room for anything else. So training and development must “pull its weight” going forward.

For example, let’s say your business unit has undertaken a training program … it doesn’t matter the subject matter. If you are asked to demonstrate how effective the training has been, what information would you present to justify the investment?

Unfortunately, most training and development efforts use vanity metrics (easy to measure, but meaningless in the end) like number of people attending, percentage of training capacity used, number of programs delivered, etc.

None of this really has anything to do with return on investment.

Make sure your training and development programs can demonstrate measure effectiveness for the business in a meaningful way.

Add the power of mentoring

If we think about why people like going to school or college – and why they succeed – it’s rarely only about what they learn. It is about the experience, the friends, the chance to connect, collaborate…

“We found 78% of our employees preferred to learn from their peers,” – Mr Peter Butler, the head of learning at BT, the British telecommunications firm

Turbocharge your training by including mentoring aspects, especially peer mentoring where participants help each other learn during the program. Taking a mentoring approach makes learning effective and often returns a positive ROI by the time the program completes.

Research conducted by the National Mentoring Day Summit found that 67% of businesses reported an increase in productivity due to mentoring. Many other research studies have shown that mentoring can be a powerful development and improved business results mechanism (links to sources included):

Diversity Mentoring Statistics:

  • Mentorship programs can boost the representation of black, Hispanic, and Asian-American women, and Hispanic and Asian-American men at manager levels by 9% to 24%, as compared to the other initiatives which have lower results ranging from -2% to 18%
  • Mentoring programs boosted minority representation at the management level from 9% to 24%
  • Increased promotion and retention rates for minorities and women from 15% to 38% as compared to non-mentored employees
  • Mentoring has been found to have a significant impact on the psychology and confidence level of those from minority groups
  • 32 percent of minorities indicated a mentoring relationship was “extremely important” as opposed to just 27 percent of the overall respondents

Agile Mentoring Statistics:

  • Agile mentorship programs can boost team productivity by 60%
  • Companies with agile-mindset mentoring programs can result in 24 percent to 59 percent lower employee turnover 
  • Agile-focused mentoring programs improve time-to-market delivery speeds from 37% to 50%
  • Implementing agility mentoring programs can increase ability to finish on time and within budget by 61 percent to 67 percent
  • Thought-leadership and agility mentoring programs grow revenue 37 percent faster and generate 30 percent higher profits

Millennial Mentoring Statistics:

  • 79% of millennials see mentoring as crucial to their career success
  • Top reasons for millennials wanting to quit are ‘Not enough opportunities to advance’ at 35% and ‘Lack of learning and development opportunities’ at 28%
  • 63% of millennials say their leadership skills are not being fully developed
  • Millennials intending to stay with their organization for more than 5 years are twice as likely to have a mentor than not (68% vs 32%)
  • Where it exists, mentoring is having a positive impact on 61 percent of the millennial workforce
  • In the Millennials’ ideal workweek, there would be significantly more time devoted to the discussion of new ideas and ways of working, on coaching and mentoring, and on the development of their leadership skills

General Mentoring Statistics:

  • 55% of businesses felt that mentoring had a positive impact on their profits
  • More than 4 in 10 workers who don’t have a mentor say they’ve considered quitting their job in the past three months
  • 71% of Fortune 500 companies have mentoring programs according to an American Society for Training and Development study
  • Of those with a mentor, 97% say they are valuable 
  • 89% of those who have been mentored will also go on to mentor others
  • 75% of executives credit their mentors with helping them reach their current positions.
  • 25% of employees who enrolled in a mentoring program had a salary-grade change, compared to only 5% of workers who did not participate
  • Mentees are promoted 5 times more often than those without mentors
  • And mentors themselves are 6 times more likely to be promoted
  • 87% of mentors and mentees feel empowered by their mentoring relationships and have developed greater confidence
  • 71% of people with a mentor say their company provides them with good opportunities to advance in their career, compared with 47% of those without a mentor
  • 94% of employees said they would stay at a company longer if they were offered opportunities to learn and grow

Support transformation

“Transformation” in various forms is still a hot topic in the business world.

Often, training is brought in to help bring about the desired transformation.

Doing so as an event, like traditional training, rarely achieves anything needed for transformation and will not bring about the transformation.

Significant, fundamental change like transformation raises the behavior change bar even further. Transformative change requires many application and learning cycles to achieve significant change, much less commit the new behaviors to habit. Traditional training simply can’t provide what is needed.

Adding tactics like the ones discussed in this article can help dramatically, especially if sustained until the transformation really takes effect. Effective coaching speeds up the process, but still requires focus and effort to turn the corner.

Need help?

To find out more about achieving positive training ROI and proven approaches like adding mentoring to your programs, contact Mike Russell or use the contact form on this site.

Filed Under: Uncategorized

Mid-year … changed yet?

July 17, 2021 by Mike Russell Leave a Comment

Mid Year

It’s mid-year in a “rebound” year. Have you seized the opportunities?

Right now, the business climate is “pro change” with all the talk about getting to a “new normal.”

The ability to make needed changes to your business will rarely be easier than it is now.

Have you done so? Is your company changed or changing for the better?

If not, get going … the psychological and market advantages are slipping away!

If you are having troubles getting change going or changes are taking too long … don’t delay – get assistance now while there’s still time. Click here for a free 15-minute consultation with no obligation …

Filed Under: Uncategorized

A Power Point

July 3, 2021 by Mike Russell Leave a Comment

Knowledge is not power.
Application of knowledge is power.

— Chris Cooper

Filed Under: Uncategorized

Forget “hybrid workforce”

June 26, 2021 by Mike Russell Leave a Comment

focus on why and who - not where people work

Let’s drop the notion of “hybrid workforce”because it continues to put the focus on the where—let’s just talk about “effective or productive workforce”…it’s not about the where it’s about the Who doing the what! (Notice the capital W—this is where the focus needs to be)

Michele Streitmatter
https://www.linkedin.com/in/michele-streitmatterchro

 

Michele dropped this in the middle of a conversation on LinkedIn about how to handle hybrid workforces (part in the office, part home, and combinations) … and it radically altered the conversation.

Tony Strows (https://www.linkedin.com/in/tonystrows/) then followed up with:

I encourage everyone to stop using the term ‘hybrid’ to describe this amazing opportunity to change. Michele Streitmatter, SPHR, I love your view but disagree slightly in that the focus should be Why, then Who. We spend way too much time on the practical problem solving and not enough on reflecting why. I estimate 50% of most employees activity is of no significant value to them or their organization, so start by asking – Why?

Indeed!

Both contributions redirected the conversation in the right direction, focusing on function (value) and letting that drive form rather than the other way around.

Here’s a fast way to begin evaluating the value of work: ask what it contributes for the C.E.O.S.:

  • Customers want legendary products, services, and relationships. Do this task deliver that?
  • Employees want a fulfilling work environment. Does this task contribute positively to that for me AND others?
  • Owners/shareholders want enhanced value, enduring over time. Does this task contribute positively to company results and financials?
  • Significant other stakeholders – those interested in long-term relationships like communities – want a spirit of shared responsibility. Does this work demonstrate that responsibility?

Those are starting points. You can easily come up with more questions.

This C.E.O.S. test can be applied at any level of the business and by anyone, anytime!

By Mike Russell

 

Ongoing thanks to Dr. Michael O’Connor who established the C.E.O.S. concept decades ago

Filed Under: Uncategorized

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