Better Business, Better Life – Issue 222

 

Last Friday, I spent the day in a room with 600 people who were all passionate about EOS®, building better businesses & helping their people thrive.

The energy was fabulous.

There were 32 people in the room whom I’ve had the privilege of working with or getting to know through the various entrepreneurial groups I’m part of. They came from New Zealand, Perth, Melbourne & Sydney, so it was wonderful to see so many familiar faces gathered together in one place.

Two of my favourite conversations were with Jason Lugton & Alistair Richardson, who both came over to tell me how much they enjoy reading this newsletter every week. When you sit down to write each week, you never really know who is reading, what is resonating or whether your words are disappearing into the internet wilderness. Hearing directly from Jason & Alistair that they look forward to the newsletter meant a great deal to me. Naturally, I grabbed a photo with each of them, which I’m sharing here.

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A huge thank you to the people who put so much work into creating the conference. Bringing 600 people together for a day like that requires an extraordinary amount of planning, coordination & attention to detail. It doesn’t just happen because everyone turns up with good intentions.

It happens because there are processes.

Which brings me neatly to this week’s topic: you do have time to work on your processes.

I regularly hear business owners say they are simply too busy. But when your team is constantly reinventing the wheel, answering the same questions, correcting avoidable mistakes & relying on particular people to remember how everything works, the lack of process is one of the reasons you are so busy. You don’t need to document everything overnight.

You do need to start capturing the few core processes that will give your people greater clarity, consistency & confidence. Because clarity creates confidence, & good processes create capacity.

PS: By the time you receive this newsletter, I will already be in Zimbabwe, enjoying three weeks of exploring parts of Africa. It’s a trip of a lifetime that I’ve been planning for quite some time, & I won’t be taking any technology with me, so I’ll be completely tech-free except for my DSLR camera (& my phone, which doesn’t have email on it these days… by choice!)

Because I’d hate you to miss out on my thoughts & musings while I’m gone, I have pre-written three newsletters & pre-recorded three podcasts so even though I won’t be available, you will still be able to catch up on all things “better business, better life”.

Please be aware that if you do reply to this email, I won’t be responding to you until early October!

BUSINESS TOOLS & REAL-LIFE LESSONS

You Do Have Time to Work on Your Processes

One of the things I hear regularly from leadership teams is that they simply do not have enough time to work on their processes.

Everyone is busy. There are customers to look after, people problems to deal with, numbers to hit & fires that apparently need putting out immediately.

I understand the pressure. However, most leadership teams already have 60 minutes set aside every week to work on the most important issues in the business.

It is the issues-solving part of your weekly leadership meeting.

Unfortunately, too many teams are not using that time particularly well.

They spend too long reporting information everyone could have read beforehand. They disappear down rabbit holes. They discuss an issue for twenty minutes without ever clearly identifying what the real problem is. Sometimes the same issue appears on the leadership issues list week after week, with plenty of conversation but very little actually changing.

Another common problem is that the leadership team meeting becomes far too operational.

Instead of working on issues that affect the direction, performance or future of the whole business, the team spends its time solving departmental problems, discussing individual jobs or getting dragged into the detail of day-to-day operations.

Some operational issues absolutely need to reach the leadership team, particularly when they cross departments or have a significant impact on the business. However, if your leadership team never has time to work on major issues such as broken processes, capacity, profitability, structure or long-term growth, it is worth looking closely at the level of issues filling your meeting.

Your leadership team meeting should not simply be another operational meeting with more senior people in the room.

It should be the place where your most senior people step back, look across the whole business & solve the issues that only they can solve.

I worked with a leadership team recently where we spent almost the entire issues-solving section of their meeting working through one of their core processes.

We did not simply talk about the fact that the process was not working. We pulled it apart, identified where the time was being lost & challenged some of the assumptions behind the way they had always done it.

By the end of that hour, the team had developed a different approach that could potentially reduce the time involved by as much as 40%.

That is an extraordinary return on one hour.

Of course, not every process can be documented, tested & rolled out during a single leadership team meeting. Some issues will require more work afterwards. Some will need to become priorities for the next 90 days. Others may need data, input from the wider team or a smaller group to work through the detail.

However, your leadership team can still use this issue-solving time to identify what is really broken, agree on the outcome you want, make the major decisions & give someone clear ownership of the next steps.

That is exactly what the meeting is there for.

The purpose of the issues-solving section is not to fill the remaining space on the agenda. It is the part of the meeting where the leadership team gets to work on the business rather than simply reporting on what has already happened or solving issues that should be handled elsewhere.

Used properly, those 60 minutes can remove bottlenecks, reduce wasted effort, improve profitability, strengthen accountability & make life easier for everyone underneath the leadership team.

The question is not whether you have time to improve your processes.

The better question is whether your leadership team is spending its time at the right level.

Before your next leadership team meeting, review your leadership issues list & ask:

Are these genuinely leadership team issues, or are we allowing operational detail to consume the meeting?

Then choose the one issue that, if solved, would save the business the most time, money or frustration.

Put it at the top of the list, protect the full issues-solving time & solve it properly.

And if your leadership team is regularly running out of time before it gets to the big issues, it may be time to take an honest look at whether your weekly leadership meeting is operating at the right level.

Clarity creates confidence. Preparation creates the space to find it.

LINKS TO USEFUL STUFF

This section gives you quick access to 3 links - to articles, blogs, podcasts & stuff that will help you to create a better business & lead a better life.

Better Business and Life Resources

Article

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The 90-Minute Fix for Unproductive Leadership Meetings

Transform meetings with focused 90-minute sessions.

Podcast

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Are You Running
World Class
Meetings?

Run world-class meetings with focus and structure.

Life Stuff

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Stress-free Travel Tips
to Ease Your Vacation
Anxiety

Travel stress-free with mindful planning and preparation.

We are here to help you live a better life by creating a better business. We are real-life business owners with years of experience & a strong desire to make a huge difference to the lives of entrepreneurs.

If anything here resonates with you or you would like our help, then please get in contact. Just reply to this newsletter & let us know who you would like to speak to…. Or visit our webpage & contact any of our team from their own pages.

If you know someone who would benefit from reading this, then please forward it onto them. 💖

NEED HELP?

​If you’d like to learn more about any of these tools or would like to find out how I can help you achieve a better life through creating a better business, then book a free Discovery Call with me.

We’ll talk about what you want to get from your business & your life & come up with a plan to do that!

Debra Chantry-Taylor

Certified EOS Implementer | Accredited Family Business Advisor | Entrepreneurial Leadership & Business Coach | Speaker & Workshop Facilitator