Smorgasbourg 1
2
3
4
5 6
7
8 9
10
11
12
13
Featured Article
In
Management, Your Ego Is The Performance Killer
One of the biggest contributors
to poor management performance, bad decisions, hiring
mistakes, and a whole host of other problems is ego.
Everyone has an ego. It is a
natural part of everyone’s psyche and vital for success. The
problem occurs when a manager’s ego is given too much control
of their behavior, attitudes, and management style.
The ego wants to look good,
be right, not make mistakes, not admit failure, manipulate,
and control or appear in control at all times. It would be
nice if organizations and their strategies, objectives, goals,
purpose, mission, and performance were always predictable and
operating at peak efficiency and optimum results.
However, in the real world,
change is the mantra and norm. Uncertainty prevails. And there
are forces at work that would sabotage your ideal world. They
include: the government, the weather, unpredictable employees,
technology, competitors, customer attitudes and expectations,
just to mention a few. If all of these could be harnessed for
optimum control, we would never have business failures, lost
customers, unhappy and poor-performing employees, disgruntled
suppliers, and frustrated accountants.
Ego has cost Corporate
America more money than any other single factor. It has
resulted in poor decisions, thwarted initiatives, products
that have out-lived their life cycle, and acquisitions gone
bad. Want more?
· New products that should never have hit the street
· Bad products that were left on the street too long
· Poor hiring decisions
· The decision to terminate a good employee for no other
reason than they have an ego, too
· The unwillingness to let go of control of anything
· Keeping decision-making at the top of the corporate ladder
· Unwillingness to delegate difficult or critical tasks
· The desire to look good to the rest of the corporate world,
regardless of whether you are making money or not
I believe by now I should
have your attention. So why is ego such a big problem in
business? After all, Donald Trump has one, and he is
successful.
If you were to ask an
out-of-control-ego executive or manager if their ego is out of
control, guess what you will hear. Believe it or not: No. Why
is this? Denial? Arrogance? Insecurity? Or some other
psychological or emotional need that has not been or is not
being met?
During my career, I have
watched clients make acquisitions (against my recommendations)
for no other reason than ego. In almost every case, these cost
their organization dearly in focus and reputation, not to
mention profits. And, ultimately they were shut down or sold
off again to some other executive with a big ego, maybe this
time to someone who prides him- or herself as a business
savior or turn-around master!
Before I lose you, I don’t
want you to get the impression that ego is only an issue in
the big decisions or choices made at the top. Its impact can
be found day-to-day in many of the small and often less
significant parts of an enterprise, in the actions and
decisions made by mid-level managers and supervisors. I see
the results of this every day and everywhere I go in my
travels as a speaker and trainer.
As a manager, how do you know
if your ego is out of control?
Just pay close attention to a
number of critical factors. I guarantee that if you are aware
of your circumstances, honest with your self-appraisal, and in
touch with reality, it will become crystal clear whether your
ego is in control or is running rampant in your organization
or department. Some of these factors are:
· consistently poor morale
· constant communication breakdowns
· bad hiring decisions
· consistently poor decisions
· acquisitions or mergers that go sour
· high employee turnover
· consistently poor quality
· outdated policies, products, services, and/or procedures
· loss of market share
· vulnerability to competitors
· poor sales results
· decreasing profits from year to year
· the negative consequences of your decisions
Carefully observe early warning
signs for these factors and determine their cause and any
relationship between them and your ego, and then respond to
them and manage them ego-free and effectively before they
become embedded in your corporate culture, employee attitudes,
and customer attitudes. You could ask yourself:
1. Can I ever be wrong?
2. Can an employee be smarter than I am?
3. Do I trust my employees?
4. Can I reverse myself after a bad decision or do I die by
it?
5. Can I give up control?
6. Do I have pet projects or activities that I can’t let go
of?
7. Can I freely give credit where someone else was responsible
for the positive outcome?
8. Can I discard old products, services, or ideas that I was
responsible for?
9. Can I share the limelight with others?
10. Do I give adequate appreciation and recognition to others?
11. Can I admit failure?
12. Can I admit to not having an answer?
13. Do I procrastinate on simple or important tasks,
decisions, or initiatives?
These questions should get you started. Honest answers will
help you clearly identify if your ego is a problem in your
position.
In his classic book Good to
Great: Why Some Companies Make the Leap … and Others Don’t,
Jim Collins states:
Level 5 leaders channel their
ego needs away from themselves and into the larger goal of
building a great company. It’s not that Level 5 leaders have
no ego or self-interest. Indeed they are incredibly ambitious
– but their ambition is first and foremost for their
institution and not herself or himself.
If you can rise to the
challenge of channeling your ego in this way, be encouraged by
the following:
1. Your ego is not part of your DNA or genes. It is man-made
and can be un-made or controlled if you choose.
2. It is better to succeed and enjoy your success with a
controlled ego than it is to go down in flames with an ego
that is out of control.
3. You will never “win them all,” no matter how good you think
you are. So get used to losing once in a while, if you aren’t
already.
4. Hire a personal coach. What it costs you will be peanuts
compared to the time and money you could save your
organization. I accept ten new coaching clients every year. If
you want to be considered for one of the slots, give me a
call.
5. Business is not about winning or looking good, but serving
others well.
|
Tim Connor, CSP is an internationally renowned
sales, management and leadership speaker, trainer and
best selling author. Since 1981 he has given over 3500
presentations in 21 countries on a variety of sales,
management, leadership and relationship topics. He is
the best selling author of over 60 books including;
Soft Sell, That’s Life, Peace Of Mind, 81 Challenges
Managers Face and Your First Year In Sales. He is also
the CEO of Sales Clubs Of America. He can be reached
at
tim@timconnor.com, 704-895-1230 or visit his
websites at
http://www.timconnor.com or
http://www.SalesClubsOfAmerica.com
|
Page 3 of our Smorgasbourg of articles for you to
enjoy. On this page we'll put articles from our weekly and
monthly magazines of
SuccessfulOffice Weekly, and
Arts &
Entertainment, Marketing
Help,
Financial Advice & Ideas ,
and also:
Small & Home Business
Resources
Telecom &
Communications
Enjoy the
articles!
Building
Credible Web Sites
By Sam
Vaknin
Press Releases for Every Occasion
by Bill
Stoller
Win/Win Sales Negotiations - Myths and Realities
By Michael Schatzki
Focus Is The Key To A Successful Startup
by Wil Schroter
Present
Statistics
In Context
by Helen Wilkie
Wrestling with Home Based Business Opportunities!
by Daegan
Smith
How a Best Buy Sales Clerk taught Me the Simple
6 Step Formula for Closing ANY Sale
by Daegan Smith
Before They
Buy What You
Say - 10 Steps
To Selling Yourself
by Alan Fairweather
How A Tree
Can Help
You Grow
Your Business
Nine Advanced Networking Skills for
Seasoned Networkers
Breaking the Ice
and Winning
Over the Client
Get More Web Site Traffic From Search Engines
Writing for the Web
Increase Exposure to Your Website for
Free
Does Your Message Pass the Test?
Welcome to America, Now Speak
Spanish
The Politics of
South Park
Click here
for page 4 of our Smorgasbourg
Answering
Service
Call Center Blog
Call Center Services
Call Center Comics
Directory Link Policies
&
Article Publishing Details
click for top |