Posts

It’s time to take inventory of our assets.

What are the two greatest assets in your organization?

Why are the they greatest assets — what do they enable your organization to do that you wouldn’t be able to if you didn’t have them?

How can you more fully employ them?

When you look at your assets, what gaps are there?

What can you do to fill the gaps?

Be sure to spend some time looking at this from both a short-term and a long-term perspective.

As we have done on numerous occasions, today we are going to seek some outside perspective on our strategies. I suggest enlisting the help of a trusted friend or colleague from outside your team or organization, this will allow you the benefit of an objective perspective.

Set up some time with this person, share one of your big strategies and ask for their candid feedback and insight on what you have planned. Ask how they might approach it differently.

Prepare for your meeting as you would prepare for a meeting with a mentor. Take some time to develop questions that will help you truly see your strategy in a new light.

When you meet, be sure to ask for ideas on how you can better leverage your assets, as well. Make sure to take good notes, and follow up with this person — let them know what you did with their feedback and show your appreciation for their taking the time to spend with you.

Good luck!

How often have you heard someone say, “People are your most valuable asset.” I’ve heard it spoken countless times in interviews…and frankly, I’ve said it myself countless times. There’s a subtle difference here, though, and I’m certain you are already aware of it. Often, the people who say this are not sincere…they may want to believe it and may want to behave as if it were true, some even truly believe they treat their people as such, but it simply isn’t the case.

I truly do believe it. Technology can be bought and sold; the same can be said of machinery and equipment. The key difference maker in any business is the people. They build, run, and maintain all the “stuff” and have a choice, daily, to show up with 100% effort or not. They can choose to nurture your business or sabotage it. They can choose to take good care of your equipment, damage it deliberately, or allow it to fall into disrepair. They are the face of your company in your community, with your customers, vendors, and other partners.

All others things being equal, they can be your secret weapon! All that is required is treating them well…offering trust and behaving in a trustworthy manner; treating them with respect and behaving in a respectable manner; getting to know who they are and treating them as individuals with lives outside your business; and showing them genuine appreciation for what they have to offer and what they do for your business. This is as true for your vendors, customers, and other partners as it is for your employees.

If you haven’t given this much thought lately, I encourage you to spend some time with this today; get out your journal and answer these questions:

How would your partners, vendors, customers, and employees say you are showing you appreciate them?

How would they say you are at building trust with them?

What words can you use — backed up by consistent behaviors — that will help you demonstrate your appreciation, trust, and value for each of these groups of people who have the power to make or break you and your business?

What steps can you take today, and in the coming weeks, to ensure you are on track here and to make adjustments if needed?

What’s holding you back? Now that you are focused on this, and have some clarity around it, get started!

Taking excellent care of the people connected with your business is one of the best business strategies you can have!