The Coach's Corner

Archive for October, 2012

Will your company be successful in 20 years?

October 22nd, 2012 // Tom Doescher //

Over the years I have noticed a correlation between successful companies and the average experience level of their leadership team (you may call it your executive or management team). I have worked with companies that, although they are making money, are noticeably slipping. A common denominator among these companies seems to be that they aren’t investing in new products or technologies, or coming up with innovative concepts; in many respects, they are benefiting from decisions and actions that they — or their predecessors — made years ago. When I attend management meetings at these companies, I feel like one of the youngest people in the room (I know I just stepped over the line with that, but I believe it needs to be said). On the other hand, really successful companies have a blend of seasoned executives and younger members who have fresh ideas and are willing to challenge their elders when they say, “We do X this way because that’s how we’ve always done it.” If your goal is to be a successful company in 20 years, maybe it’s time to take a step back and take a hard look at the composition of your leadership team.

There are leaders all over the plant

October 8th, 2012 // Tom Doescher //

A number of years ago I was in a meeting with a high-profile Tier 1 automotive CEO. The subject was leadership on the plant floor. His premise was that there are leaders throughout our companies, but we — the chairmen, managers, and supervisors — don’t see them. To make his point, he told those of us in attendance, “The other day I walked around one of our plants and randomly interviewed machine operators. I asked them about their activities outside of work. To my amazement, most of the associates with whom I spoke had ‘leadership roles’ in their communities — they were Little League coaches, subdivision presidents, PTA presidents, deacons at their church, or owned small businesses.” He went on to say, “We have untapped talent already on our team, and we need to get better at engaging them.”

You may want to re-read my June 12th newsletter, entitled “Levels of Leaders”, and then ask yourself this question: Do I have a way to determine if my associates are working at their highest level? Do I have a future plant supervisor or even a plant manager already on the team?

What can you do to discover the potential leaders in your business?

The Advisor’s Corner

Tom DoescherYou’ll find stories from the trenches, business lessons, and pertinent questions to help you find inspiration, professional growth, and leadership savvy.

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