Showing posts with label Trust. Show all posts
Showing posts with label Trust. Show all posts

Thursday, May 2, 2013

Character and Competence


 
Tip #2 - Character & Competence

Here is a new Trust Tip from Stephen M.R. Covey.  If you missed our first post on Trust Counterfeits, you can read it here.

Trust is not only about the kind of person you are. Trust is a product of both Character and Competence. 

Within Character and Competence are the four cores of credibility: Integrity, Intent, Capabilities, and Results. Your character is what is below the surface, and your competence is what others can readily see.  Here’s a model that we use in our Speed of Trust Training Programs to describe The 4 Cores of Credibility:
 
 


Bring Leading at the Speed of Trust in Your Organization

Special savings when you bring The Speed of Trust to your teams by Friday, May 31st, 2013. To take advantage of Licensed Certification or a Leadership Strategy Session, please call 214-387-9960 to set up a call with your FranklinCovey Client Partner.

Certify to Teach Leading at the Speed of Trust
Free Virtual Certification, Facilitator Kit and DVD; Save up to 20% on participant materials.
 
Certify virtually to teach others in your organization and purchase at least 30 participant kits by May 31, 2013 to receive your virtual certification, complete facilitator kit, and program DVD at no charge.

 A minimum purchase of 30 participant kits is required to receive the FREE Certification and Facilitator Materials.  Virtual Certification is self-paced.  A $500 one-time licensing fee applies to organizations not previously licensed in FranklinCovey content.  Prices are shown are in US Dollars.

Leadership Strategy Session
This interactive half-day session helps decision makers understand the specific impact of trust on their current critical business objectives and develop an actionable plan.

Leadership Strategy Session must be scheduled and occur by May 31, 2013.  For more information or to schedule a Leadership Strategy session, please call 214-387-9960 for details.
 

All offers expire 5/31/13.

#SPEEDOFTRUST


Tuesday, December 18, 2012

Trust and Employee Engagement


Over the years, there have been several studies that show a direct correlation from employee engagement and business results.  Engaged employees are more innovative, give their best at work, take less sick time, stay with companies longer and the list goes on and on.

I recently came across an infographic on Inc.com that shows the real costs of bad bosses.  There were several parts that caught my attention.  Here are just a few:

·         Three out of four employees report that their boss is the most stressful part of their job
·         65% said they would take a new boss over a pay raise
·         The average cost to replace a minimum wage employee is $3,500 (includes recruiting, interviewing, hiring, training and reduced productivity). 
Keep in mind It’s much higher for a knowledge worker! 

If you want to view the full infographic, followthis link.

So why am I writing about this?  Because there is a real need for leadership and a real value to an organization that has it.  At FranklinCovey, we believe that there are 4 cores to a great leader:
 
·         Inspire Trust
·         Clarify Purpose
·         Align Systems
·         Unleash Talent

The first of the 4 Cores is Inspire Trust.  The reason that this is first is because trust is The Performance Multiplier that affect everything in your organization.  Trust is the number one leadership competency needed today.  It is a measurable, trainable and learnable skill.

We also know that trust has a direct correlation to employee engagement.  The number one driver of employee engagement is trust!  The most leverage can be found between a supervisor and their direct report.  If organizations focus on instilling trust in their culture (beginning with the leaders), they can dramatically affect their speed and cost!  Read an article titled, How the Best Leaders Build Trust, written by Stephen M.R. Covey, author of the best-selling leadership book, The Speed of Trust.

Lastly, when organizations are going through change (downsizing, merger, systems, etc.) the leaders that focus on exhibiting trustworthy behaviors during the change, yield the best results.  Click here to watch a video that will explain more.

If this intriguing to you, then consider joining us for one of our complementary executive sessions titled, Creating a Culture of Trust  February19th - Dallas.
 
Seats are open to senior leaders and executives and training decision makers and HR leaders.  Please contact me today to RSVP.

Growing trust one organization at a time,

John Vakidis
214-387-9960

Wednesday, October 24, 2012

Leading at the Speed of Trust - Dec 3-4 2012



Leading at the Speed of Trust Executive Retreat
Two-Day Training Workshop - Dec 3-4
1-day LIVE Certification Event - Dec 5
(Robert Redford's Sundance Resort, UT) 

During this 2-day course, leaders learn the career-critical leadership skills necessary to impact performance within their organization.  They learn how leveraging trust as a competency dramatically lowers costs and increases profits and influence.  The course significantly enhances leadership capabilities by teaching participants to master The 4 Cores of Credibility™ and The 13 Behaviors of High Trust™, and how to model them on a daily basis.

Participants are engaged in case studies and activities based in their current work – not on theoretical examples or academic models.  Leaders focus on increasing the speed and magnitude of their individual and organizational results by improving trust and increasing influence with their key stakeholders.  In addition, the workshop provides ample opportunity to collaborate in a discussion with other leaders sharing different perspectives and solutions to common organizational trust issues.

The workshop is based on years of organizational leadership and research.  The course is centered on an in-depth analysis of the principles taught from The Speed of Trust™ - a New York Times and Wall Street Journal bestseller by Stephen M. R. Covey.
 
 
Learn more about this program and the tools used that help leaders achieve a new mind-set, skill-set and tool-set around creating a culture of Trust.  Click here now.

If you would like to register for this program, please contact your regional business partner, John Vakidis at 214-387-9960 or by email.
 
“Trust is the glue of life. It's the most essential ingredient in effective communication. It's the foundational principle that holds all relationships.”  — Stephen R. Covey
 
 

Friday, August 17, 2012

Trust - The Performance Multiplier

Yesterday I had the pleasure of joining 40 of our clients in Oklahoma for an executive overview titled, Creating a Culture of Trust.  Our Regional Speed of Trust Practice Leader, Donna Burnette, explained to these leaders how trust directly impacts speed and cost inside a team or organization.

Based on the best-selling book, The Speed of Trust, by Stephen M.R. Covey, Donna explained, if trust is low in your organization, it works like a tax.  It costs your organization more money to do the same type of work that high-trust organizations don’t have to pay.  When trust is high, it works like a dividend.  It speeds up everything your organization is working on which ultimately helps increase your bottom line. See the photos below for the formula explanation.




Trust is the performance multiplier in your organization.  Donna further explained how Trust directly affects employee engagement, the success of a merger, partnering with stakeholders, innovation within teams and more.

Trust is the key leadership competency needed today!  If your team is not performing at optimal levels, consider learning more about our Speed of Trust Process.  Seats are still available for our next executive overview on September 18th in Dallas.  Contact me for details.

Increasing trust one organization at a time,
John R. Vakidis

Friday, May 4, 2012

Can we get along too well?

Today is the first Friday in May.  You know what that means, right?  Another great blog from my friend and colleague, Mark Murphy.  Mark is a senior consultant with FranklinCovey and has worked with organizations across the globe to help them with everything productivity, leadership and team performance.  If you have ever worked in an organization where teams were “stuck” from achieving their potential, then this month’s post might bring back a few memories. 

___________________________________________________________
Within the last month I’ve had the opportunity of working with two very different organizations struggling with one very similar issue.  One organization was a small privately held resort company in Colorado and the other was the UK office of an Italian-based multinational organization.  The issue was trust…or more specifically…the lack of trust. 
I was fascinated by how different and yet how similar the teams in both organizations were.  Even though one team was struggling to grow beyond the vision of a single entrepreneur and the other was working to integrate new team members from various cultural backgrounds; they were both essentially stuck in what Bruce Tuckman calls the “storming” stage of team development.
 According to Tuckman, all teams go through a natural process of development that consists of 4 phases:  1) Forming 2) Storming 3) Norming and 4) Performing.  (Bruce Tuckman reference).  Looking at the behavior of small groups in a variety of environments, he recognized the distinct phases teams go through and suggested they need to experience all four stages before they achieve maximum effectiveness.  This process can be subconscious, although an understanding of the stages can help a group reach effectiveness more quickly and less painfully. 
The “Storming” stage is when, as the name suggests, members can become hostile and combative.  As goals and objectives are clarified, team members become aware of any gaps between reality and their initial expectations. They may experience dissatisfaction with the team’s objectives and may begin to question the ability of their leadership.  If these issues are not addressed quickly and openly with what Steven R. Covey in his book, 7 Habits of Highly Effective People,  calls a “combination of courage and consideration”, the team may never get to the next stage which is Norming.  Norming is where members begin to resolve conflicts through increased cooperation and trust.  They settle in to norms on how to work together.  They rally around each other with common spirit and goals and get down to work. 
Norming is an essential step to the final goal of an effective team, which is Performing.  Performing is when team members work together productively and produce high-quality results. They prevent problems or work through them constructively.  They provide their own direction and encouragement and feel satisfaction in working with the team.  These high-performing teams are able to function as a unit as they find ways to get the job done smoothly and effectively without inappropriate conflict or the need for external supervision.
I think the key work here is inappropriate conflict.  Not all conflict is bad.   In seeking the balance of courage and consideration required to get beyond the storming stage teams must be able to, not only experience conflict, but actually embrace it.  I’ve worked with teams and organizations that are overly courageous and frank in their opinions without consideration for the feelings of others. These highly courageous yet inconsiderate teams rarely get beyond the storming stage.   I’ve also worked with teams that are overly considerate and afraid to confront issues with any degree of honesty or courage.  I’ve found that these teams are just as likely to get stuck in the storming stage.   As Steven Covey states, maturity in an individual as well as a team requires balancing both courage and consideration.
 In his book “The 5 Dysfunctions of a Team”, Patrick Lencioni states that ultimately teams fail to get results or Perform because of an Absence of Trust which leads to a Fear of Conflict. 



Notice (below) that the solution to a lack of trust lies, not in removing all conflict, but rather through embracing appropriate conflict with open, honest, thoughtful dialogue.  Steven Covey says the ultimate form of a Win-Win is to find agreement where both parties mutually benefit or to have both parties agree to disagree agreeably. 


So…back to the original question.  Can we all get along too well?  I believe we can.  If we want to create a high performing team that gets consistently superb results we have to create a high trust environment where people feel they can openly disagree.  An environment where differing views are not just tolerated, but actually celebrated.  An environment that understands how Storming can ultimately lead to Performing.  This is as true in the mountains of Colorado as it is in the UK.

- Mark Murphy, FranklinCovey Consultant             
Copyright © 2012 - Mark Murphy

____________________________________________________________
So it’s time for a little assessment.  Where is your team on the scale below?
1) Forming     2) Storming     3) Norming     4) Performing
If your answer was not 4, then we should chat.  Even if your team is Norming, what would it be worth to your organization if we could help you get to Performing?  For most organizations we visit with the financial ROI is huge.  If you are just Forming or Storming, them the ROI is even greater.
Be courageous enough to admit where you are at and contact me to set up a call with Mark and your FranklinCovey Client Partner.  I am confident to say that the time you give us will be well spent  to learn how we can help.
Helping increase performance one team at a time,
John Vakidis


Friday, February 24, 2012

The Demise of Dysfunctional Selling

Over the last 2 days, I was fortunate to attend one of our public sessions for Helping Clients Succeed.  I was in the room with very seasoned sales professionals, CEOs and sales trainers from around the country.  Everyone was there to learn a new and better way to work with their clients. 
Let’s face it!  Dysfunctional selling is all around us.  Salespeople are trying to sell solutions to help their clients all while trying to make a quota.  Clients are struggling with their businesses and need outside vendors, yet they don’t like “being sold” and withhold valuable information that could help the salesperson help them with their products and services.  Without trust the sale will rarely happen. 

Take the comic above for example.  Do your prospects feel like wallets rather than people?  If so, you will rarely close a deal.
Here is a typical scenario.  After a few short interactions, the client asks for a proposal just to see if the solution is in their budget.  Like a dog fetching a ball, the salesperson gladly chases that opportunity, wastes a lot of time drafting a proposal and drumming up internal support without ever knowing if the client is going to buy or not.  In most cases they don’t.  The sales rep is now back at the beginning of trying to drum up new business and starting this dysfunctional process all over again.  At the same time, the client is also frustrated because they need outside assistance, yet think all salespeople are out to get their money.  The next vendor approaches them and they repeat again, too.
If the above scenario sounds like your sales process, then you might want to take a look at our Sales Performance Solutions.  We work with sales teams with an entirely different approach.  Your sales professionals learn that “Intent counts more than technique” and to “Move off the solution” and to truly focus on the client, rather than trying to make the sale.  After they go through the process, when it is time to offer the client a solution, they provide them with one that “exactly meets their needs.”  These sales have a higher close ratio, are often much bigger and clients are happy to do business with you again and refer you to other clients.
Ready for a change?  If so, use the Online Appointment Book at the top right of this page and let’s set up a 30-minute call to explore your situation.  You can also learn more by ordering a copy of the book, Let’s Get Real or Let’s Not Play: Transforming the Buyer/Seller Relationship. 
Helping our clients succeed,
John Vakidis
PS - if you are an executive or a sales leader, consider joining us in Dallas on April 5th for a ½ day session to better understand this process.  Contact me directly to register.  Seats are limited.