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#166 Necessary endings12 Jun 202300:25:35

"Necessary Endings" is a self-help book written by Dr. Henry Cloud. It explores the concept of embracing and initiating endings in various aspects of life, such as relationships, careers, and personal growth, in order to create a positive and fulfilling future.

The book emphasises that endings are a natural part of life and are necessary for personal and professional growth. 

While endings are a natural part of business and life, we often experience them with a sense of hesitation, sadness, resignation, or regret. But Dr. Henry Cloud sees endings differently. He argues that our personal and professional lives can only improve to the degree that we can see endings as a necessary and strategic step to something better. If we cannot see endings in a positive light and execute them well, he asserts, the "better" will never come either in business growth or our personal lives.

In this insightful and deeply empathetic book, Dr. Cloud demonstrates that, when executed well, "necessary endings" allow us to proactively correct the bad and the broken in our lives in order to make room for the professional and personal growth we seek. However, when endings are avoided or handled poorly—as is too often the case—good opportunities may be lost, and misery repeated. Drawing on years of experience as an executive coach and a psychologist, Dr. Cloud offers a mixture of advice and case studies to help readers

  • Know when to have realistic hope and when to execute a necessary ending in a business, or with an individual.
  • Identify which employees, projects, activities, and relationships are worth nurturing and which are not.
  • Overcome people's resistance to change and create change that works.
  • Create urgency and an action plan for what's important.
  • Stop wasting resources needed for the things that really matter.
  • Knowing when and how to let go when something, or someone, isn't working—a personal relationship, a job, or a business venture—is essential for happiness and success. 

In this, the final episode of the Growth Whisperers podcast, we talk about the book necessary endings, our journey together, and why you should consider what endings are necessary in your life. 

Thank you for listening, it's been an honour to help you. From Kevin and Brad.

-----

* Do you love The Growth Whisperers and want to see our smiling faces? Subscribe to our YouTube channel.

* Do you enjoy our content? Rate our show!

* Is Twitter your thing? Follow @Evolution_Perth and @lawrenceandco1 to learn more about building enduring great companies.

*Like LinkedIn? Follow https://www.linkedin.com/in/bradleygiles/ and https://www.linkedin.com/in/coachkevinlawrence/ 

---------

Links:

*https://evolutionpartners.com.au/

*https://lawrenceandco.com/

Newsletters

*https://evolutionpartners.com.au/articles

*https://lawrenceandco.com/business-resources

-----

Additional episodes you might enjoy:

#84 The 7 common strategy mistakes from Michael Porter

#130 Jim Collins: Level 5 leaders

#104 The habits successful leaders use to prepare each week

#50 Jim Collins Flywheel Concept: How to build unstoppable momentum in your company

#96 The three main barriers to consistent growth

#90 Meeting Rhythm - The Annual Strategic Thinking meeting

#110 Five most common questions we get about Scaling Up

#89 The 4 different types of A players

#165 The top five reasons people regret selling their business05 Jun 202300:30:27

There is an entire industry and philosophy surrounding why you should sell your business, but it doesn’t need to be that way. 
There are many reasons why people choose to sell their businesses and really the reasons can be broken down into two different things. 

1. Long Term Goal To Exit: A strategic decision because their plan all along was to sell their business and they have something else more desirable to do with their time (besides golf).


2. Looking for an Exit strategy after losing faith.  They hit a point of frustration or desperation and are no longer either enjoying the business or don’t believe they can get it to the next level. 

The first point is a goal to exit, the second allows you to think it isn't going to get any easier, it might be better to sell. And there are a lot of people who will want you to sell. This means you can feel forced to exit.

In this episode we discuss the top 5 reasons people regret selling, and how you can consider different perspectives and opportunities. 

 

-----

* Do you love The Growth Whisperers and want to see our smiling faces? Subscribe to our YouTube channel.

* Do you enjoy our content? Rate our show!

* Is Twitter your thing? Follow @Evolution_Perth and @lawrenceandco1 to learn more about building enduring great companies.

*Like LinkedIn? Follow https://www.linkedin.com/in/bradleygiles/ and https://www.linkedin.com/in/coachkevinlawrence/ 

---------

Links:

*https://evolutionpartners.com.au/

*https://lawrenceandco.com/

Newsletters

*https://evolutionpartners.com.au/articles

*https://lawrenceandco.com/business-resources

-----

Related episodes

#19 Mental health in business leadership during COVID19

#79 Eliminate your emotionally taxing issues - lick your toads

 

-----

Additional episodes you might enjoy:

#84 The 7 common strategy mistakes from Michael Porter

#130 Jim Collins: Level 5 leaders

#104 The habits successful leaders use to prepare each week

#50 Jim Collins Flywheel Concept: How to build unstoppable momentum in your company

#96 The three main barriers to consistent growth

#90 Meeting Rhythm - The Annual Strategic Thinking meeting

#110 Five most common questions we get about Scaling Up

#89 The 4 different types of A players

#156 Five expensive hiring mistakes to avoid02 Apr 202300:27:27

Hiring can be expensive. 

It's expensive in terms of time for leaders to commit to an effective hiring process, it's expensive in terms of recruitment fees or costs, and it's expensive in terms of productivity. And that's when you get it right!

Sometimes we can make mistakes when hiring, and this can be even more expensive. Perhaps busy executives are skipping steps or they might not know what things to avoid.

This week we talk about five expensive hiring mistakes you should avoid. 

 

-----

* Do you love The Growth Whisperers and want to see our smiling faces? Subscribe to our YouTube channel.

* Do you enjoy our content? Rate our show!

* Is Twitter your thing? Follow @Evolution_Perth and @lawrenceandco1 to learn more about building enduring great companies.

*Like LinkedIn? Follow https://www.linkedin.com/in/bradleygiles/ and https://www.linkedin.com/in/coachkevinlawrence/ 

---------

Links:

*https://evolutionpartners.com.au/

*https://lawrenceandco.com/

Newsletters

*https://evolutionpartners.com.au/articles

*https://lawrenceandco.com/business-resources

-----

Related episodes

#151 I’m thinking about appointing my first COO or President – what should I do?

#49 Are you a genius with 1,000 helpers? If so, how do you become a level 5 leader?

#22 Bringing a new leader or executive into a leadership team

-----

Additional episodes you might enjoy:

#84 The 7 common strategy mistakes from Michael Porter

#130 Jim Collins: Level 5 leaders

#104 The habits successful leaders use to prepare each week

#50 Jim Collins Flywheel Concept: How to build unstoppable momentum in your company

#96 The three main barriers to consistent growth

#90 Meeting Rhythm - The Annual Strategic Thinking meeting

#110 Five most common questions we get about Scaling Up

#89 The 4 different types of A players

66 Why CEOs and leaders need to perform an Ambassador role12 Jul 202100:36:34

Why CEOs and leaders need to perform an Ambassador role

One of the most important things leaders must do in order to build a high performing culture is to activate the pride within their employees. Pride for their team, their product, their manager and pride for their company. Within this, a key to activating pride is the leader's Ambassador role. For if the head of a company doesn't have a face, it is a faceless corporation. And faceless corporations are very difficult to trust. 

This week we discuss the five parts of the leader's Ambassador role and why CEOs and leaders need to understand and perform the role of an Ambassador in their business.

65 Jim Collins Stop List05 Jul 202100:26:32

Do you have a stop list? 

It's human nature to try and solve a problem by starting something new. But it's not intuitive to ask what should we stop doing to solve this problem?

This week we talk about the stop list from Jim Collins and how you should consider stopping doing something in order to free up resources or clear blockages in your business. 

Also we talk about building a stop list rhythm, where each month, each quarter or each year you and your team consider all the things you should stop doing. 

64 Why you need a Quarterly reset28 Jun 202100:26:26

Why you need a Quarterly reset

This week we talk about a simple tool that you can use to reset each quarter on three areas of work, self and life. 

This worksheet helps you to unpack all of the stuff that's happening to be able to rank the most important priorities within your work, then your self and then your life. 

The will help you to reflect on what has and hasn't worked, and then to help you figure out how much energy to allocate to each of the three areas for the next quarter.

Download the quarterly reset worksheet here 

 

63 Are you planning to sell, or planning to keep your business? Or, are you stuck in the mediocre middle? (Part 2 of 2)21 Jun 202100:53:25

Are you planning to sell or planning to keep your business? Or are you stuck in the mediocre middle? (Part 2 of 2)

 


This week on the Growth Whisperers, we're talking about your plan for your business?

What's your plan?

Are you planning to keep, or are you planning to sell?

Or, if you don't have a plan to keep or sell, are you stuck in what we call the mediocre middle?

That is, you're not planning to sell, and you're not planning to
keep, and you're suffering the consequences of inaction in the middle.


And it's not consciously that you're doing it.


You're busy running your business.

And that takes a lot of time.


But sometimes we don't even realize we need to decide what we're driving to actually and being committed to selling in three years, for example, or keeping it for 30.

And we ended up floating around.

And we really challenge you to make a decision. Sell and make the decision, march in that direction. Or plan on having it for 20, 30, 40 years, and probably make many different decisions versus just floating around.

This week in part 2 of 2 we discuss how to escape the mediocre middle and provide the tools to help you understand where you and on the time horizon and what you must do to your business in order to endure.

62 Are you planning to sell, or planning to keep your business? Or, are you stuck in the mediocre middle? (Part 1 of 2)14 Jun 202100:33:55

Are you planning to sell or planning to keep your business? Or are you stuck in the mediocre middle? (Part 1 of 2)

 


This week on the Growth Whisperers, we're talking about your plan for your business?

What's your plan?

Are you planning to keep, or are you planning to sell?

Or, if you don't have a plan to keep or sell, are you stuck in what we call the mediocre middle?

That is, you're not planning to sell, and you're not planning to
keep, and you're suffering the consequences of inaction in the middle.


And it's not consciously that you're doing it.


You're busy running your business.

And that takes a lot of time.


But sometimes we don't even realize we need to decide what we're driving to actually and being committed to selling in three years, for example, or keeping it for 30.

And we ended up floating around.

And we really challenge you to make a decision. Sell and make the decision, march in that direction. Or plan on having it for 20, 30, 40 years, and probably make many different decisions versus just floating around.

This week in part 1 of 2 we discuss what it means to be stuck in the mediocre middle and the cost that you pay for not having a plan either way.

61 How do you integrate cultures when companies merge or a company is acquired?07 Jun 202100:38:56

How do you integrate cultures when companies merge or a company is acquired?

Many leaders will focus on the finances and processes when acquiring a company and don't often consider the culture. Yet the culture can actually create major problems and can even destroy a good merger. When two companies come together who each might previously have had good cultures, the result can be a toxic culture where the A players leave.

And ironically one of the reasons people buy a company is the top talent.

So when acquiring a company, having a plan for the cultures to merge is one of the most important things you must do.

This week on The Growth Whisperers we answer the question How do you integrate cultures when companies merge? Then we review the 7 most important things to consider when merging two company cultures.

 

60 Why finding the best advisors will help you quadruple your IQ31 May 202100:50:18

Why finding the best advisors will help you quadruple your IQ

Finding a competent advisor is easy, but if you want the best to really make a difference in any area, it is important to ask the question, who is the person that has been in your situation 14 times before. That's what we call a 14X advisor.

We also discuss the Billionaire mindset and consider if a Billionaire with no limits on money was in your situation, what adviser would they choose and why. Finally, we talk about the importance of getting the right fit with an adviser so you can become clearer, stronger and more inspired. 

 

59 Confront the Brutal Facts - Jim Collins method for team hygiene24 May 202100:37:24

Confront the Brutal Facts - Jim Collins method for team hygiene

 

One of the key concepts from Jim Collins is that teams must regularly confront the brutal facts. Not the opinions or the hopes or dreams, but the facts. 

For many leaders, charisma can be as much a liability as an asset. Your strength of personality can sow the seeds of problems when people filter the brutal facts from you. You can overcome the liabilities of having charisma, but it does require conscious attention. 

It's important to regularly discuss these brutal facts so we can catch problems early before they turn from small problems into large problems.

In this episode, we talk about how to manage brutal facts in your business and how they can be an incredible thing for you to focus on.

58 Collective intelligence, the key to a successful weekly meeting17 May 202100:43:39

Collective intelligence, the key to a successful weekly meeting

The collective intelligence agenda item inside the weekly meeting is one of the most valuable parts of the weekly meeting. This is where decision-makers learn all the data and facts, debate the merits of ideas and most importantly make decisions to help the business pulse faster. 

But there are seven important aspects to making collective intelligence work well in your company. We discuss these and detail how you can make weekly meetings more effective using the power of collective intelligence. 

 

57 Stimulate progress and protect the core10 May 202100:49:29

Stimulate progress and protect the core

 

This week Kevin and Brad talk about a concept from Jim Collins where leaders in business must simultaneously stimulate progress and protect the core. If you stop stimulating progress or you stop protecting the core, you risk sliding into mediocrity. 

It's difficult because once you've had some success, it's easy to slip into a groove of doing things the same way, but if you don't stimulate progress, if you don't continually find ways to evolve your organisation, you might end up with really difficult problems to overcome. 

#155 The 9 books every CEO must read27 Mar 202300:22:12

Not all readers are leaders, but all leaders are readers. - Harry S. Truman.

As leaders, we are avid learners and readers.  And some of the best insights come from getting different perspectives whether it be from biographies of great leaders from the past or present or research that relates to our industries or completely divergent learning that enhance our perspectives of the world.

 

Aside from travel, reading is one of the most impactful things we can spend time on to enhance the quality of our thinking and leadership. We all have favourites, but these 9 books are constantly at the top of our lists and the lists of the CEO’s and Executives we work with.   In this episode we discuss the 9 books that every CEO (and executive) must read.

-----

* Do you love The Growth Whisperers and want to see our smiling faces? Subscribe to our YouTube channel.

* Do you enjoy our content? Rate our show!

* Is Twitter your thing? Follow @Evolution_Perth and @lawrenceandco1 to learn more about building enduring great companies.

*Like LinkedIn? Follow https://www.linkedin.com/in/bradleygiles/ and https://www.linkedin.com/in/coachkevinlawrence/ 

---------

Links:

*https://evolutionpartners.com.au/

*https://lawrenceandco.com/

Newsletters

*https://evolutionpartners.com.au/articles

*https://lawrenceandco.com/business-resources

-----

Related episodes

#151 I’m thinking about appointing my first COO or President – what should I do?

#49 Are you a genius with 1,000 helpers? If so, how do you become a level 5 leader?

#22 Bringing a new leader or executive into a leadership team

-----

Additional episodes you might enjoy:

#84 The 7 common strategy mistakes from Michael Porter

#130 Jim Collins: Level 5 leaders

#104 The habits successful leaders use to prepare each week

#50 Jim Collins Flywheel Concept: How to build unstoppable momentum in your company

#96 The three main barriers to consistent growth

#90 Meeting Rhythm - The Annual Strategic Thinking meeting

#110 Five most common questions we get about Scaling Up

#89 The 4 different types of A players

56 Who's in charge, you or your calendar?03 May 202100:33:40

Who's in charge, you or your calendar?

Many people find themselves being busy and having a full calendar all the time. They fill their week with meetings that are not important at the expense of important things. Instead, it's better to start by populating your calendar with priorities that align with the company quarter, annual and 3 yearly goals. That way you are always working on the right things. 

This week Brad and Kevin discuss the problem of full calendars where important strategic priorities aren't being worked on, and what you should do about it. 

 

55 The People Magnet Machine26 Apr 202100:54:00

One of the most important things necessary, if you want to build an enduring great company, is a process that draws people in like a magnet so that the best people really want to work for you. 

We do this well in the marketing side of our businesses, bringing in customers, yet we don’t do the same when it comes to attracting the right people.

This second week talking about the People Magnet Machine, Kevin and Brad answer a range of questions about the People Magnet Machine and how to attract and retain the best people, like a magnet! 

54 The 7 Hidden Reasons Employees Leave19 Apr 202100:53:39

The 7 Hidden Reasons Employees Leave

 

If you're going to build a People Magnet Machine, a culture in your business that attracts the right people like a magnet, you must understand the real reasons people leave their job.

Perhaps they tell you they leave for higher pay, but the data doesn't support that in most cases. Instead, according to Leigh Branham, there are seven real, hidden reasons people leave. 

This week we discuss those seven reasons and what you must do to address each.

53 What is a Topgrading Job Scorecard and how do you use it?12 Apr 202100:52:24

What is a Topgrading Job Scorecard and how do you use it?

 

This week on The Growth Whisperers we talk about one of the most important parts of hiring a new employee. It's called the Job Scorecard from Brad Smart at Topgrading and it's is so important to successfully hire.

What we found over many years working with companies and seeing great hires and bad hires, is that often leaders are not clear enough upfront about what great looks like in a role.

The Job Scorecard determines what great looks like in a role and is a tool to use not only during hiring and onboarding but all the time people are employed in that role. 

 

52 Why you should build your business like you're never going to sell it06 Apr 202100:43:06

Why you should build your business like you're never going to sell it

 

This week on The Growth Whispers we challenge the conventional wisdom about building your business to sell it. When you’re starting your business some people say you need to know your exit strategy, and that you should always know your exit and be planning to sell your business. 

But there’s another view: when you start your business, you should expect to run it for 50 years, or 100 years, or generations. That’s the alternative we want you to consider, and building your business so you keep enjoying your business for many years into the future.

51 Is there a pandemic of Mondayitis in your company - if so, what can you do about it?29 Mar 202100:56:56

Is there a pandemic of Mondayitis in your company - if so, what can you do about it?

This week on The Growth Whispers we're talking about a pandemic that's sweeping the globe and is toxic. It's called Mondayitis and it infects a lot of people and prevents people from building enduring great companies. The most challenging part is sometimes it affects us as the senior leaders in a company because we just get sick and tired of things within the business and unfortunately, we tolerate them for so long they become normal. We talk about 7 different causes of Mondayitis and what you can do to eliminate it or prevent it.

50 Jim Collins Flywheel Concept: How to build unstoppable momentum in your company22 Mar 202100:56:36

Jim Collins Flywheel Concept: How to build unstoppable momentum in your company

The Flywheel effect is a concept developed in the book Good to Great. No matter how dramatic the end result, good-to-great transformations never happen in one fell swoop. In building a great company or social sector enterprise, there is no single defining action, no grand program, no one killer innovation, no solitary lucky break, no miracle moment. Rather, the process resembles relentlessly pushing a giant, heavy flywheel, turn upon turn, building momentum until a point of breakthrough, and beyond.

Kevin & Brad discuss The Flywheel concept and how to create your flywheel, how to validate your flywheel and how to speed up your flywheel.

Then they discuss how to leverage your flywheel, how to measure your flywheel and how to optimize your flywheel.

49 Are you a genius with 1,000 helpers? If so, how do you become a level 5 leader?15 Mar 202100:48:54

Are you a genius with 1,000 helpers? If so, how do you become a level 5 leader?

 

Do you find yourself or a colleague surrounded by people who are helping, but not taking ownership? Do you notice that if you want to get a project done, then it's up to you to ensure that it gets done? 

If this is the case, then perhaps you're an effective leader or a level 4 leader, but not a level 5 executive. In order to build a truly great, enduring company a level 5 leader is required which occurs through a paradoxical combination of personal humility and professional will. 

The problem is that for most leaders the capabilities necessary to get to level 4 will actually prevent them from getting to level 5.

In this episode of The Growth Whisperers, Kevin and Brad discuss the key symptom of a level 4 leader, what Jim Collins calls 'the genius with 1,000 helpers'. They discuss the problems with being a genius with 1,000 helpers, how it prevents the best people from joining your team and those who do from achieving their best, and it damages your business. Finally, they talk about if you are a level 4 leader, how you can move to become a level 5 leader.

 

Jim Collins Level 5 Hierarchy.

 

48 How teams fail when Scaling Up their business08 Mar 202100:56:29

How teams fail when Scaling Up their business

This week Brad and Kevin discuss the top 9 ways that people fail when scaling their business, and what you should do to avoid the pitfalls of scaling your business. 

 

47 Are you willing to make any decision necessary to make your company great?01 Mar 202100:39:36

Are you willing to make any decision necessary to make your company great?

This week Kevin and Brad talk about the decisions that you must be willing to make in order to build a truly great company. 

This isn't about being ruthless, it's about being prepared to confront the brutal fact that every leader is confronted with deeply challenging decisions that require action.

They provide 6 different strategies that might help you to think about and work through your tough decisions. 

 

#154 The 7 mistakes leaders make at annual strategy meetings20 Mar 202300:29:04

Annual strategy meetings are a necessary part of every organisation. And they can be very expensive, with decisions made affecting the organisation for a year or more.

Ensuring you maximise the value from these meetings and avoid mistakes to set the company up to win next year and into the future.

This week we share seven mistakes we’ve found leaders make at annual strategy meetings, and what you can do to avoid these mistakes. 

 

-----

* Do you love The Growth Whisperers and want to see our smiling faces? Subscribe to our YouTube channel.

* Do you enjoy our content? Rate our show!

* Is Twitter your thing? Follow @Evolution_Perth and @lawrenceandco1 to learn more about building enduring great companies.

*Like LinkedIn? Follow https://www.linkedin.com/in/bradleygiles/ and https://www.linkedin.com/in/coachkevinlawrence/ 

---------

Links:

*https://evolutionpartners.com.au/

*https://lawrenceandco.com/

Newsletters

*https://evolutionpartners.com.au/articles

*https://lawrenceandco.com/business-resources

-----

Related episodes

#151 I’m thinking about appointing my first COO or President – what should I do?

#49 Are you a genius with 1,000 helpers? If so, how do you become a level 5 leader?

#22 Bringing a new leader or executive into a leadership team

-----

Additional episodes you might enjoy:

#84 The 7 common strategy mistakes from Michael Porter

#130 Jim Collins: Level 5 leaders

#104 The habits successful leaders use to prepare each week

#50 Jim Collins Flywheel Concept: How to build unstoppable momentum in your company

#96 The three main barriers to consistent growth

#90 Meeting Rhythm - The Annual Strategic Thinking meeting

#110 Five most common questions we get about Scaling Up

#89 The 4 different types of A players

46 Jim Collins 7 Questions For People Decisions22 Feb 202100:46:47

Jim Collins 7 Questions For People Decisions

This week on The Growth Whispers we discuss how to decide what to do when you're unsure about a person on your team. When should you fire a person, when should you performance manage a person? Is the person right for the role?

We go through Jim Collins 7 people questions to decide what you should do with an employee you're worried about. We provide insights, stories and clarification about each of the 7 questions to ensure you are confident about what to do when an employee just doesn't feel right.

45 Using business dashboards make better decisions15 Feb 202100:25:21

Using business dashboards make better decisions

 

This week on The Growth Whisperers Kevin and Brad talk about business dashboards, and how you should use them to make better business decisions. They talk about digital dashboards, analog dashboards and how to implement dashboards into your business, as well as how dashboards can fail. Also, they discuss how to use the weekly meeting to roll out dashboards with your team.

Finally, they discuss the 7 important things to consider when using dashboards in your business. 

 

44 Red Yellow Green - Using traffic lights to make your culture of KPI management and goal execution stronger08 Feb 202100:43:20

Red Yellow Green - Using traffic lights to make your culture of KPI management and goal execution stronger

This week on The Growth Whispers we're talking about the magic, and power, and simplicity of traffic lights. Red, Amber and Green as a simple tool to help drive focus for your team and manage, and improve performance. We discuss why the traffic light system works for teams, what’s the best practice for measuring using traffic lights and how can you use it to drive better execution in your team.

 

43 The top 7 best practices for weekly meetings 01 Feb 202100:46:46

The top 7 best practices for weekly meetings 

 

This week on The Growth Whisperers Brad and Kevin are talking about the weekly meeting, one of the most important parts of execution and also ensuring you successfully complete your quarterly priorities. They provide the top 7 best practices to ensure your weekly meetings are engaging and valuable.

 

 

42 Getting the right people on the bus25 Jan 202100:53:13

Getting the right people on the bus

This week on The Growth Whisperers we're talking about the very first thing you've got to do in order to build a great business, to get the right people on the bus. 

Jim Collins said first who, then what. Before you consider what to do with your business, you must first have the right people in place.

It sounds really simple, but there is a lot of thinking and work that goes into building an outstanding team of the right people that are going in the same direction as you, in your business. Kevin and Brad discuss the 6 important things you must do to get the right people on the bus.

41 Finding the right person to run your business18 Jan 202100:46:46

Finding the right person to run your business

This week on the Growth Whisperers Brad and Kevin talk about how to get someone to come in and run your business. This could mean appointing a CEO, COO, a President or General Manager, but where you are handing over responsibility to run the business day-to-day.

They discuss the best practice to appoint a new CEO if you have time and can be prepared, and 6 essential tips if you need to do it in more of a hurry.

 

40 What you must do on your balance sheet, profits and growth and heading into 2021 (part 4 of 4)11 Jan 202100:38:09
What you must do on your balance sheet, profits and growth and heading into 2021 (part 4 of 4)

 

This week on The Growth Whisperers we continue the fourth of a four-part series where we discuss the important things you need to do heading into 2021. In this fourth part, we discuss two aspects. How to focus on achieving consistent profit generation and growth in 2021, and how to build your balance sheet to withstand the biggest storms.

 

How to focus on achieving consistent profit generation and growth in 2021.

Brad and Kevin talk about the three critical things you must do now to ensure you can achieve consistent profits and growth heading into 2021.

 

How to build your balance sheet to withstand the biggest storms in 2021.

Next, they talk about why you need to strengthen your balance sheet and the main things you must do in order to achieve that heading into 2021.

 

39 What you must do on execution and data heading into 2021 (part 3 of 4)04 Jan 202100:25:01

What you must do on execution and data heading into 2021 (part 3 of 4)

 

This week on The Growth Whisperers we continue the third of a four-part series where we discuss the important things you need to do heading into 2021. In this third part, we discuss two aspects. Why you must improve your execution in 2021, and the importance of your data in 2021.

 

Why you must improve your execution heading into 2021.

Brad and Kevin talk about the importance of focussing on effective execution in 2021, and why this is so valuable at the moment.

 

The importance of your data heading into 2021.

Next, they talk about how you should be using data in 2021 and provide 3 specific action items and tools you should do to improve your use of data in 2021.

 

38 What you must do on vision and strategy heading into 2021 (part 2 of 4)28 Dec 202000:23:07

What you must do on vision and strategy heading into 2021 (part 2 of 4)

 

This week on The Growth Whisperers we continue the second of a four-part series where we discuss the important things you need to do heading into 2021. In this second part, we discuss two aspects. What you must do on your vision, and what you must do on your strategy.

 

What you must do on your vision heading into 2021.

Kevin and Brad talk about what you must do now in order to renew your vision in 2021, what you need to do for yourself, what you need to stop doing, and why, and what you must do with your team in 2021.

 

What you must do on your strategy heading into 2021.

Next, they talk about what you must do to your strategy in 2021 and provide 3 specific action items and tools you should do to develop your strategy in 2021.

 

37 How to build your culture and attract the right people heading into 2021 (part 1 of 4)21 Dec 202000:24:37

How to build your culture and attract the right people heading into 2021 (part 1 of 4)

This week on The Growth Whispers we begin the first of a four-part series where we discuss the important things you need to do heading into 2021. In this first part, we discuss two aspects. How to build your culture and how to build your people. 

 

How to build your culture heading into 2021. 

Kevin and Brad talk about what you must do now in order to breathe new life into your Core Values and Core Purpose, how to consider whether your team are culturally prepared for 2021, and the action you must take in order to maintain, or improve your culture in 2021.

 

How to attract and develop your future leaders in 2021.

Next, they talk about what you must do to improve the quality of your team and build a people magnet machine, a business that attracts the best people in your market like a magnet so you can confidently grow. 

 

#153 Liz Wiseman’s Multipliers - how the best leaders make everyone smarter13 Mar 202300:25:52

Liz Wiseman is an ex oracle executive who wrote an amazing book about how we all have moments as leaders where we accidentally diminish team members and 'shut down' their smarts, making our people less capable. What makes it worse, is that our intent is usually to be helpful and supportive, and yet it has the opposite impact.

 

She breaks out the difference between the behaviours we have that multiply the intelligence of our team (and potentially family members too) and those that diminish their capability and intelligence. You can understand the accidental diminisher traits, and where you can improve, and then, you can understand how to multiply the capability of your team members. 

This week we're talking about the Multipliers concept from Liz Wiseman, and how it can apply to you as a leader. 

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* Do you enjoy our content? Rate our show!

* Is Twitter your thing? Follow @Evolution_Perth and @lawrenceandco1 to learn more about building enduring great companies.

*Like LinkedIn? Follow https://www.linkedin.com/in/bradleygiles/ and https://www.linkedin.com/in/coachkevinlawrence/ 

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Links:

*https://evolutionpartners.com.au/

*https://lawrenceandco.com/

Newsletters

*https://evolutionpartners.com.au/articles

*https://lawrenceandco.com/business-resources

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Related episodes

#151 I’m thinking about appointing my first COO or President – what should I do?

#49 Are you a genius with 1,000 helpers? If so, how do you become a level 5 leader?

#22 Bringing a new leader or executive into a leadership team

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Additional episodes you might enjoy:

#84 The 7 common strategy mistakes from Michael Porter

#130 Jim Collins: Level 5 leaders

#104 The habits successful leaders use to prepare each week

#50 Jim Collins Flywheel Concept: How to build unstoppable momentum in your company

#96 The three main barriers to consistent growth

#90 Meeting Rhythm - The Annual Strategic Thinking meeting

#110 Five most common questions we get about Scaling Up

#89 The 4 different types of A players

36 How to grow in a booming market while maintaining discipline14 Dec 202000:46:48

How to grow in a booming market while maintaining discipline.

At the moment many leaders are experiencing record profits, record revenues and in some cases shortages of products. The restrictions on travel along with the massive Government stimulus that's being provided is presenting a challenge for entrepreneurs - how to grow in a booming market while maintaining discipline.

Kevin and Brad talk about the challenges you need to understand at the moment if you're experiencing growth and they explain 7 important things you need to do if you're going to thrive.

35 Core Purpose: Why Core Purpose matters and how to know if your Core Purpose is right.07 Dec 202000:51:11

Core Purpose: Why Core Purpose matters and how to know if your Core Purpose is right.

This week on The Growth Whisperers Brad and Kevin talk about Core Purpose, why your company exists and why that is important. If you don't have one, they discuss why you need a Core Purpose, and the difference Core Purpose makes to a company.

Then, if you do have one, they talk about how to know if your Core Purpose is right, with 4 key elements to test your Core Purpose.

34 The importance of working on your team's recovery right now in order to succeed in 2021.30 Nov 202000:41:37

The importance of working on your team's recovery right now in order to succeed in 2021.

This week on The Growth Whisperers Kevin and Brad discuss the effects that 2020 and the pandemic have had on leaders and their teams, and the important work that leaders must do now to reset and recharge both themselves and their teams, in order to succeed in 2021.

Successful teams know they need to take the time to rejuvenate as do successful athletes, but sometimes it's hard to make it happen. Brad and Kevin provide stories, examples and a simple process to help you and your team reset for 2021.

33 When hiring experienced leaders from global brands might be a bad idea23 Nov 202000:48:01

When hiring experienced leaders from global brands might be a bad idea

 

This week on The Growth Whispers Brad & Kevin talk about the magic, and sometimes mayhem that comes from hiring someone from a much larger company that you believe can bring you competence and skills to help you to grow more successful like the company they came from.

They share stories of organisations that have hired from much larger exciting companies that turn sour. Finally, they discuss the five things that you need to do to ensure that you can be certain that you avoid those pitfalls.

 

32 What to focus on to ensure you love your work16 Nov 202000:43:49

What to focus on to ensure you love your work

Often entrepreneurs will go from one 'exciting project' to another and not fully completing, or doing the best they can with previous businesses or projects. This can be very frustrating and often results from them not loving the work they are doing on a day-to-day basis. 

Kevin and Brad talk about the 5 things you must do to build your business and build your job the way you want it to ensure you love your job and your business long into the future.

31 What does it take to build an enduring great company?09 Nov 202001:01:27

What does it take to build an enduring great company?

 

In this cornerstone podcast Kevin and Brad talk about what it takes to build an enduring great company. 

They begin by discussing the definition of an enduring great company, and why that matters to you, and why it matters to both of them.

They define an enduring great company as:

A purpose-led company that grows and thrives via a sustained, competitive advantage over many decades

Next they discuss the eight elements that are required to build an enduring great company.

30 When entrepreneurs lose their vision and what to do about it02 Nov 202000:37:39

When entrepreneurs lose their vision and what to do about it

This week Kevin and Brad talk about what happens when entrepreneurs want to sell their business because they are tired and want a change. They talk about what the potential causes are for this and share stories about CEOs who have found their way through these obstacles that seemed insurmountable in their minds.
Also, they provide a 5 step process to understand what to do if you've had enough and want to sell your business, and how to re-engineer your business so you can once again be passionate about it.

29 Start Stop Keep Top 5 Do's and Don't's26 Oct 202000:37:25

Start Stop Keep Top 5 Do's and Don't's

The Start Stop Keep is a simple tool to gather qualitative feedback and perspectives from a team that is both useful for employee engagement and useful to obtain different perspectives for leadership. 

Brad and Kevin talk about why the Start Stop Keep is a simple and valuable tool for leaders to use, how to use it, and provide stories of Start Stop Keep best practices. Also, they provide the top 5 Start Stop Keep do's and don't's. 

 

28 The top 5 tips for Daily Huddle best practice19 Oct 202000:48:53

The top 5 tips for Daily Huddle best practice

This week on The Growth Whisperers Kevin and Brad talk about how to make daily huddle meetings more effective and how to make your team engaged through daily huddle meetings.


The talk about the 5 most important things that CEOs should do to make daily huddles succeed, and how daily huddles fail.

27 RACI: Accountability vs Responsibility12 Oct 202000:39:06

RACI: Accountability vs Responsibility

This week on The Growth Whisperers Kevin & Brad talk about the difference between accountability and responsibility, and how this simple concept is so powerful in driving better execution.

Also, they explore the RACI model which further adds in the concepts of who needs to be responsible, accountable, consulted and informed, ensuring the right people are involved in the decision and therefore the team is more effective at execution.

#152 I’m worried that I’m micromanaging my team - what should I do?05 Mar 202300:25:23

It's been said that people join companies and leave managers. Almost everyone can't stand a boss who is a micromanager. But what if you might be a micromanager?

You know you are a micromanager if the weight of responsibility along with the thinking and planning related to it, ultimately sits with you. You will know this is true if the problems, thinking and decisions come to you.

To avoid micromanagement and instead achieve leadership one must transfer the responsibility and coach the person. This leads to the clarity and tension that drives accountability and results. 

This week we discuss what to do if you're concerned that you might be a micromanager.

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* Do you love The Growth Whisperers and want to see our smiling faces? Subscribe to our YouTube channel.

* Do you enjoy our content? Rate our show!

* Is Twitter your thing? Follow @Evolution_Perth and @lawrenceandco1 to learn more about building enduring great companies.

*Like LinkedIn? Follow https://www.linkedin.com/in/bradleygiles/ and https://www.linkedin.com/in/coachkevinlawrence/ 

---------

Links:

*https://evolutionpartners.com.au/

*https://lawrenceandco.com/

Newsletters

*https://evolutionpartners.com.au/articles

*https://lawrenceandco.com/business-resources

-----

Related episodes

#151 I’m thinking about appointing my first COO or President – what should I do?

#49 Are you a genius with 1,000 helpers? If so, how do you become a level 5 leader?

#22 Bringing a new leader or executive into a leadership team

-----

Additional episodes you might enjoy:

#84 The 7 common strategy mistakes from Michael Porter

#130 Jim Collins: Level 5 leaders

#104 The habits successful leaders use to prepare each week

#50 Jim Collins Flywheel Concept: How to build unstoppable momentum in your company

#96 The three main barriers to consistent growth

#90 Meeting Rhythm - The Annual Strategic Thinking meeting

#110 Five most common questions we get about Scaling Up

#89 The 4 different types of A players

26 How do you know your Core Values are right?05 Oct 202000:42:39

How do you know your Core Values are right?

This week on The Growth Whisperers Brad and Kevin discuss how to gain confidence that your Core Values are correct. What are the Core Values tests you can use to ensure your Core Values are authentic, and not simply aspirational?
They talk about stories from companies where Core Values have failed and where Core Values have been successful and provide specific questions to help you validate whether your Core Values are correct.

25 How to find the right coach or advisor for your business28 Sep 202000:49:07

How do you find the right coach or advisor for your business? 

On this episode of The Growth Whisperers Brad & Kevin talk about how to hire a coach and how to find the right coach for you. Firstly they discuss the difference between a coach, consultant and mentor. Then what you should expect from a coach, and do you really need a coach in the first place?

Also if you're trying to build a great company, what type of coach should you pick? How do find an A player-coach?

Finally, they talk about the qualities to look for when hiring a coach and how to get the most from your coach.

 

 

24 How do you get a leadership team to think strategically?21 Sep 202000:49:59

How do you get a leadership team to think strategically?

This week on The Growth Whisperers Kevin and Brad discuss the challenge of getting leadership team members to think strategically. Perhaps it's because a team member has always been operational, or because they spend most of their time working in the business, but getting your leadership team to think strategically can be a real challenge for some leaders so that team members come together and don't talk about the operations of the business, but instead the strategy of the business.
They talk about the tools they use to get teams to think strategically, and provide examples of how they have helped leadership teams to build a strategy in the past.

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