Allow Me to Introduce:
Expert Shalini Nag, Ph.D.
Learn from Shalini Nag, Ph. D., as she unveils a human approach most aren’t speaking of in business. Shalini guides us to – Flip the Paradigm: Embrace the Human Approach to Boost Your Business. This significantly improves YOUR Business’s Performance.
Today’s blogging guest, is People Strategist, Shalini Nag, Ph.D. who is one the members of the Brilliant Breakthroughs for the Small Business Owner #1 Bestselling Book Series Author Team. On 11-11-2020 a group of 9 Brilliant Practicing ExpertsTM lead by Maggie Mongan, will be releasing their book to coincide with National Entrepreneurs Month. It is written specifically for Small Business Owners, by Small Business Owners, to help you learn how to win BIG at small business in the 21st century!
Want to learn more about how to get your hands on the latest book in the series: Brilliant Breakthroughs for the Small Business Owner: Fresh Perspectives on Profitability, People, Productivity, and Finding Peace in Your Business, AND our app for the book to get direct access to our authors, AND our podcast? When you go to: BrilliantBizBook.com you’ll get 100 Tips for Small Business Owners Success Report to start working into your business until the book comes out!
To give you a glimpse of several different chapters, I invited our co-authors to write a short guest blog to learn about why their chapter topic is important to YOUR Business Success.
People Performance Expert,
Shalini Nag, Ph.D.
Learn what Shalini Nag, Ph. D. encourages you to do to improve your business conversations.
In Brilliant Breakthroughs for the Small Business Owner: Fresh Perspectives on Profitability, People, Productivity, and Finding Peace in Your Business – Vol 4, Business Author Shalini Nag, Ph.D. shares her wisdom by introducing “Flip the Paradigm: Embrace the Human Approach to Boost Your Business”. Shalini’s research for this chapter is a practical introduction and invitation for you to alter your approach to human experiences through better conversations throughout our business day. I know it sounds simple; however, having a guide for this improvement is essential!
The following is what Shalini Nag, Ph.D. wants to share with you:
5 signs you need to scrutinize your company culture now
Company culture is a vast and complex topic. In fact, studies have shown that while most CEOs agree that culture has a massive impact on their business, the majority also agree that they are not sure when to address their culture, let alone how.
Whether you are the owner of a new business, manage a small team, or lead a large multi-functional organization, here are 5 indicators that your company culture may need a tune-up.
#1 — Financial Performance and Other Metrics are severely impacted by external trends
It is normal for a business to see fluctuations to the bottom line arising from external trends, whether it is seasonality, changing customer demands, or evolving competitor landscape. But if your profits are falling along with metrics like customer satisfaction, quality or you find the organization is slow to adapt to new needs, your organization’s culture could be to blame.
Tip: Assess your culture now, so you can reset the course towards profitability, growth and success.
#2 — Senior leadership team (or founding team) are pulling in different directions
Whether you are a small team in a nascent company or the senior leadership team of a multi-divisional organization, if you find that your priorities and most important goals are in conflict with each other, the rest of the organization will also follow suit. The result – lost time or increased costs due to duplication of effort and rework, lack of collaboration, key tasks falling through the cracks.
Tip: Stop the devolution by reassessing your leadership (or founding) team’s culture at once – this is a problem that gets worse with time.
#3 — Your business strategy is not complemented by a talent strategy
As a business owner or CEO, it is natural that you have put in the time and effort to set the direction of your company. You have most likely created a comprehensive 1-year, 3-year and 5-year strategy that includes financial, product, operational and customer considerations. However, unless you are in the minority, you probably don’t have a talent strategy that ensures that your key initiatives are led by the right individuals, and that you have a proactive plan to attract and retain the best talent.
Tip: Proactively design and implement a data-driven talent strategy that supports your business strategy so you never have to scramble to hire and retain the best people again.
#4 — Issues are often discovered late and are expensive to resolve
Unexpected issues are a standard risk that every business owner and CEO undertakes. After all, no matter how well prepared we are, any business is subject to the vagaries of a fast-changing, interconnected world. However, if you are often faced with issues that make you think, “we could have prevented this if we’d known a little earlier” or “we should have expected and planned for this” your organizational culture may be responsible.
Tip: Create a high-development, collaborative organizational culture so each member of your team feels comfortable highlighting issues that you can work on resolving together.
#5 — You have too many meetings and not enough conversations
“Conversation is the life-blood driving business success.” – Chapter 4, Brilliant Breakthroughs for the Small Business Owner Vol. 4. However, to drive business success, conversations must have a purpose and direction, be timely and relevant to the outcomes that need to be achieved. An excessive number of meetings or interminably long meetings that are poorly managed fail on all counts. They waste time and sap energy without pushing your business forward.
Tip: Shift from “meeting” culture to “conversation” culture so each conversation delivers a key measurable outcome for your business, whether it is generating ideas, delivering results, or building connection.
Identifying the need to assess and shift your organization’s culture is the first step. Then begins the longer journey of envisioning, designing and implementing the steps. It may not be a simple journey but it is one worth making because you will be rewarded with an organizational culture that attracts talented, brilliant people and drives your success instead of holding you back. Thank you~ Shalini
SMALL BUSINESS SUCCESS NOTE:
Want to purchase the #1 Amazon Small Business Bestselling Book: Brilliant Breakthroughs for the Small Business Owner – Vol. 4? Click here: BrilliantBizBook.com. Then sign up to get your 100 Free Tips and we’ll email them to you AND another email to let you know how to get your digital book for only 99 cents on 11-11-2020. Thank you readers for helping us become a #1 Bestselling Small Business Book Series!
THANKS FOR ALLOWING US TO HELP YOU IMPROVE YOUR BUSINESS!
Brilliant Breakthroughs, Inc. helps Small Business Owners
Simplify Strategies & Align Actions
to further Profitability, Peace, & Potential
Call Maggie (262) 716.7750 for YOUR No-cost Consultation
Blessings of Success to YOU ~
Maggie Mongan, Brilliant CEO & Strategist
Brilliant Breakthroughs, Inc.
Direct Dial: 262-716-7750
p.s.: Continuously working to improve our skills to improve human relationships requires much more attention than business leaders and owners focus on to improve their business’s performance. Remember: People power is essential to your business’s profitability.
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