What Do You Really Need to Be Effective?

Better tools and feedback systems will NEVER create value without the investment in training people and continuous hard work.

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You see this all the time in weekend warrior athletes buying the best gear.  If you like the gear and it gives you pleasure to have $200 shoes and a $500 watch then you should buy them but know that is why you own them.  

Leadership Tools: What do you really need to be effective? What's the business equivalent?

Consider the Tarahumara who are among the best distance runners in the world. They run at high altitudes over rocky terrain in sandals!

They begin training early in life.  Their diet is clean from childhood. Nearly everyone in their tribe runs - it is a way of life.  When you are surrounded by people with the same behaviors you fall into them - good or bad.  

  • Whether you are a runner or not can you see correlations within your business?  
  • Do you see people asking for more feedback or better tools than necessary?  
  • Do you find it easier to invest in tangible tools and technology rather than the hard and unpredictable work of training people?

Buying $200 shoes is fun.  Training every day and pushing your limits is hard. 

Contracting is a low-margin business and every dollar counts.  Make sure you are spending on the things that have the best return




Progressive Levels of Business Development
The most important first step for a contractor is to find a customer who will pay for a project. With continued growth, the process of business development becomes progressively more complex including how it is integrated with strategy and operations.
Business Operating Layer
Execution is the discipline of getting things done and is especially critical for contractors because we work in a highly competitive business with relatively low margins compared to the risks taken.
Incentive Compensation for Contractors - Audience Questions: Edge Cases?
There will always be people in the organization working at the edges of your performance bell curve and that must be addressed with your incentive compensation program.