Goal Setting, Management, Teamwork

Good teamwork helps to improve morale in the workplace.  Workers become more productive and this ultimately improves profits.  It also makes problem solving easier.

If your company does not have good teamwork, then it’s going to be difficult to succeed.  This can result in a lack of collaboration, ineffective communication, loss of productivity, and loss of business.

Here are some tips to improve the teamwork in your company:

– Encourage your employees to attend social events.  In low-pressure, informal surroundings, team members will get to know each other and form bonds.

– Document roles and responsibilities so everyone can work together effectively.  If your employees know their responsibilities and the responsibilities of their team members, work gets delegated properly and everyone will work more effectively.

– Make sure all employees are clear regarding long-term goals of the company.  Company goals will influence team communications and keep everyone moving in the same direction.

– Show gratitude by giving formal recognition for employee achievements.  Teamwork will improve when employees are rewarded for helping one another.

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If you would like further information or you have any questions about this blog, you can email me at pjweiland@actioncoach.com or call 847-739-3079.

For your complimentary business coaching session visit, www.actioncoach.com/pjweiland.

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Entrepreneurial, Management, Productivity

Time management is an effective skill that helps you reach your goals in work and all through your life.  The important thing to remember is that it’s not about how much time you have…it’s about how effectively you manage it.

If you want to start setting and achieving your goals, you need to seriously avoid distractions and bad habits.  You will have to focus on working hard instead.  So, you’ll need to find a good time management system and stick with it.  Pay attention to how you use your time, and you won’t fail to achieve your long-term goals.

Stay balanced.  Follow a system that will help you get things done…one where you can prioritize work, family, and personal time.

Here are some helpful time management tips:

  1.  Make sure your goals have a powerful meaning for wanting to achieve them.  If they don’t, then you could fall off track.
  2. Use the four quadrant time management system.  Decide between urgent and not urgent activities, and important and not important activities.
  3. Record your time in a journal for at least a week.  How was your time used?  Was time wasted?  How does this time fit into the four quadrant system?
  4. Tackle your biggest tasks in the morning.  This will give you the biggest momentum to help you through the rest of your day.
  5. Remember the 80-20 Rule.  80% of the efforts comes from 20% of the results.
  6. Develop good habits and get rid of bad ones.  Focusing on good habits allows you to get better at managing your time, making other good habits develop easier!
  7. Take frequent breaks while working.  Work for 1 hour and break for 15 mins (if you can).  Go for a short walk or meditate during that time.  You’ll have more energy and you’ll focus better when you return.

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If you would like further information or you have any questions about this blog, you can email me at pjweiland@actioncoach.com or call 847-739-3079.

For your complimentary business coaching session visit, www.actioncoach.com/pjweiland.

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To register for our complimentary workshop, How to Build a Business you can Sell, visit www.actioncoach.com/pjweiland. Let’s work together to help your business grow.

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Accountability, business coaching, Culture

Business owners often wonder if working with a business coach is beneficial to their business.  Is investing in a business coach really worth the cost?

Here are a few reasons to hire a business coach:

– Business coaches support their clients, helping them work out challenges and giving them more confidence.  Confidence is invaluable in business.

– Business coaches include exercises and activities around personality, culture, and leadership styles.  They empower workers to better understand themselves and the people they work with.

– Business coaches give an objective point of view and can quickly identify problem areas that perhaps their clients can’t see.  They push owners out of their comfort zones so they can take their business to the next level.

– Business coaches provides another set of eyes that can draw on experiences with other clients, to reveal blind spots within the business.

– Business coaches ask their clients questions that challenge them to think critically about their business.

– Business coaches help their clients decide which issues are worth fighting today and which ones are not worth worrying about until later.

– Business coaches are available to all employees, making them feel progress towards a goal and helps them grow within the company.  Employee retention then goes up.

– Business coaches help their clients plan their finances in a smart and beneficial manner, helping them make the best financial decisions for their company.

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If you would like further information or you have any questions about this blog, you can email me at pjweiland@actioncoach.com or call 847-739-3079.

For your complimentary business coaching session visit, www.actioncoach.com/pjweiland.

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To register for our complimentary workshop, How to Build a Business you can Sell, visit www.actioncoach.com/pjweiland. Let’s work together to help your business grow.

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Goal Setting, Partnerships, Success

What is Strategic Alliance?
An agreement between two or more parties to pursue a set of agreed upon objectives needed while remaining independent organizations.
This strategy provides more flexibility than a joint ventures because the involved parties do not need to merge any assets or funds in order to proceed.

Benefits:
– Your strategic alliance gives you instant endorsement and credibility
– You gain access to the networks of your partners through their database of customers, members, or employees
– You develop a referral partnership
– You associate your business with another established brand
– You decrease your overall marketing costs, while expanding your reach
– You position yourself as the specialist (expert) in your niche through the endorsement of your strategic partner to their network
– You learn from other businesses regarding what has been successful for them in the past

Here is some great advice when it comes to alliances:
– Create a solid business plan backed up by a detailed contract
– Define metrics for assessing the value your alliance delivers
– Seek common ground with your partners
– Establish formal systems and structures

Here are some principles that complement the conventional advice above:
– Focus less on defining the business plan and more on how you’ll work together
– Develop metrics pegged not only to alliance goals, but also to alliance progress
– Instead of trying to eliminate differences, leverage them to create value
– Go beyond formal governance structures to encourage collaborative behavior
– Spend as much time on managing internal stakeholders as on managing the relationship with your partners

Source Credit:  https://en.wikipedia.org/wiki/Strategic_alliance
Source Credit:  https://hbr.org/2007/11/simple-rules-for-making-alliances-work

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If you would like further information or you have any questions about this blog, you can email me at pjweiland@actioncoach.com or call 847-739-3079.

For your complimentary business coaching session visit, www.actioncoach.com/pjweiland.

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Culture, Leadership, Management, Teamwork

Company culture is something that already exists within a company…it’s the company’s personality.  It defines the environment in which employees work.

It’s a variety of elements that include:
Environment
Mission
Value
Ethics
Expectations
Goals

Ask yourself these questions:
Do you have your own plans for your company’s development?
Do you have teams that are growing within your organization?
Do your employees have common behaviors?
What does their job mean to them?
Would they want to leave if they had the chance to?
Do they get along with others within their team?
Do your employees seem happy at work?

These are symptoms of either a healthy or unhealthy culture.  You need to know how your employees are reacting to what you’re building. Employees tend to enjoy work when their needs and values are consistent with those in the workplace. They develop better relationships with coworkers and are usually more productive.

It’s important to seek out employees who share your company’s culture.  Businesses with a strong company culture have happier employees, increased productivity, and higher employee retention rates.

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If you would like further information or you have any questions about this blog, you can email me at pjweiland@actioncoach.com or call 847-739-3079.

For your complimentary business coaching session visit, www.actioncoach.com/pjweiland.

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To register for our complimentary workshop, How to Build a Business you can Sell, visit www.actioncoach.com/pjweiland. Let’s work together to help your business grow.

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Employee Engagement, Goal Setting, Leadership, Management, Teamwork

How attached are you to the way you run your business?  Are you willing to do things differently?  Are you able to organize your day differently?  If you want your employees more engaged, you may need to make several changes that you are currently not comfortable with.  Can you do that?

As the leader of your company, it’s necessary to get out and talk to your employees.  Help them when necessary.  Ask them about their families or about something that interests them.  How much do you really know about them?  How much do they really know about you?

What about future plans of your company?  You may know what your visions are for your business, but do your employees?  They need to know how your plans will benefit them, or cause them problems.  Do you ever really listen to your employees?  Do you hear what they really have to say?  Are you developing a team who all know and envision your future plans for your company?

If you are not working together with your employees for success, celebrating achievements and sharing rewards, then you will want to rethink how you engage with them.

Set aside some time on a regular basis to talk to your employees about how, together, you can improve the business.  Find out what ideas your team has.  Actively listen to what they have to say.  What could you all do differently, as a team, or individually, to improve your service or to increase your business success?  What is really worth investing in?

Working with your team, engaging them with conversation, working towards company goals, and increasing individual success, not only improves business but will help you retain your best employees, but it will reduce turnover and make a huge difference to the success of your business!

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If you would like further information or you have any questions about this blog, you can email me at pjweiland@actioncoach.com or call 847-739-3079.

For your complimentary business coaching session visit, www.actioncoach.com/pjweiland.

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To register for our complimentary workshop, How to Build a Business you can Sell, visit www.actioncoach.com/pjweiland. Let’s work together to help your business grow.

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Accountability, Leadership, Success

With the start of the New Year, many entrepreneurs want to work on themselves and their businesses even more than the previous year.  One way they do this is by learning their value to ensure future success in their company.  Some business owners define themselves as a certain type of leader.  But, when they take a leadership assessment, they often realize they are a different type of leader altogether.  Knowing your leadership style can make a huge different in your company’s success.

Here are a few leadership styles for your review:

  1. Directive – an approach that relies on “orders” rather than providing direction. This is not the best approach when managing people.
  2. Visionary – an approach that relies on context to convey a bigger picture to project the future.  This is great if the leader can clearly explain the vision of the company and demonstrate actions to align with that vision.
  3. Affiliative – an approach that focuses on people and relationships, creating trust and harmony within the business.  This style gives attention to individual needs, not making their results a priority.
  4. Participative – an approach that generates new ideas and solutions from a team. This style believes that teams make better decisions than individuals do.
  5. Pacesetting – an approach of leading by example.  This style has high performance standards and are reluctant to delegate due to possible unsatisfactory results from others.
  6. Coaching – an approach that identifies strengths and weaknesses, with the end goal of helping individuals meet their professional goals.  This is usually the more effective leadership style in the long term.

Remember, leadership is a process.  It requires feedback from all involved, which helps the leader learn more about themselves and move forward toward success.

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If you would like further information or you have any questions about this blog, you can email me at pjweiland@actioncoach.com or call 847-739-3079.

For your complimentary business coaching session visit, www.actioncoach.com/pjweiland.

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To register for our complimentary workshop, How to Build a Business you can Sell, visit www.actioncoach.com/pjweiland. Let’s work together to help your business grow.

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business coaching, Planning

As many of you know, Business Coaches like to ask a lot of questions. So as we approach the title of this month’s article for Keys to Business Success, I will be asking some questions for you to think about.

What determines the success or failure of a business? How many of you believe that the reason that the businesses in our community are closing is because of the economy? How many of those businesses planned for this economic downturn? How many of those businesses had a business plan? How many of those businesses had a budget and volume projections? How many of those businesses depended on the housing segment for a high percentage of their revenue?

A recent US Department of Commerce study found that overall only 6% of US business owners said they had a business plan. (My hat off to you if you are in that group that plans!) However, since only 4% of new businesses in the US survive over 10 years, wouldn’t it be great to know what they do differently? According to the Department of Commerce, 80 % of this so called 4% club of business owners said they have a business plan and regularly follow it.

The first step of planning is to believe that it will make a difference in your time management. We teach our clients to first start with a realistic daily calendar that has ‘default’ areas to work on various important but not urgent tasks. What are the three core tasks that you could complete today that would drive your business forward? What is the highest and best use of your personal time? Are you still picking up supplies from the office supply store? What is it that only you can accomplish? Do you still believe that there are many things that only you can do? What is it that you do really well and that would make a difference in your business right now? If you are the craftsman or relationship salesperson of your business get out there and do it!

Having a plan and executing that plan and measuring the results is the single biggest difference in highly successful businesses.

Studies have shown that by having a plan it is easier to overcome procrastination. One minute of planning will save you up to 10 minutes in execution of the plan. Imagine what it would feel like if each day when you arrive at work, you would know exactly what you were supposed to do? So if you spent a minimum of four hours to work on your business say in a Quarterly Planning session with a business professional, you could save 2,400 minutes of your life. That’s 160 hours per year! What would you do with that time away from your business?

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If you would like further information or you have any questions about this blog, you can email me at pjweiland@actioncoach.com or call 847-739-3079.

For your complimentary business coaching session visit, www.actioncoach.com/pjweiland.

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To register for our complimentary workshop, How to Build a Business you can Sell, visit www.actioncoach.com/pjweiland. Let’s work together to help your business grow.

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Accountability, Goal Setting, Success

Having your own business is great, but working your business alone can be a big mistake.  It’s very beneficial to you and your company if you have an expert there to help with the big decision making.  Consider hiring a business coach!

Even if you are self-motivating, there will be times you get stuck and feel as though you just can’t keep up.  It’s often hard to step outside your comfort zone and try new things.  A business coach will give you that extra push you need.

Owning a business can be overwhelming, frustrating, and lonely.  But a business coach will help guide you through the tough times and may lead you in a direction of success you never thought possible.

A coach will not only help you build confidence from your own ideas, but you’ll be encouraged to work your business your way, with support from your coach.  You will also learn to prioritize your business without sacrificing other parts of your life.

A business coach is more than a coach, they are a friend who is there for you to help you and your business succeed.

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If you would like further information or you have any questions about this blog, you can email me at pjweiland@actioncoach.com or call 847-739-3079.

For your complimentary business coaching session visit, www.actioncoach.com/pjweiland.

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To register for our complimentary workshop, How to Build a Business you can Sell, visit www.actioncoach.com/pjweiland. Let’s work together to help your business grow.

 

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Goal Setting, Planning, Success, Uncategorized

If you haven’t made any resolutions yet, it’s not too late.  Start off the new year right by planning now.  Here are some ways to make a fresh start at work:

  1. Set Goals
  2. Document Your Successes
  3. Manage Your Reputation
  4. Join a Professional Association
  5. Make New Friends

Set Goals:  Make it a point to identify where you are now, and where you want to be this time next year.  Create a timeline or goal sheet that will help you reach those goals.

Document Your Successes:  Make a list of all your accomplishments during the year.  Create an online profile to highlight them.

Manage Your Reputation:  Create an online profile that highlights your expertise.  Make sure to only share the information you want people to know about you.

Join a Professional Association:  Joining an association can provide volunteer and leadership opportunities that can benefit you and your business.

Make New Friends:  Expand your circle of contacts.  The more people who know you as an industry expert, the better the chances of landing new opportunities.

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If you would like further information or you have any questions about this blog, you can email me at pjweiland@actioncoach.com or call 847-739-3079.

For your complimentary business coaching session visit, www.actioncoach.com/pjweiland.

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To register for our complimentary workshop, How to Build a Business you can Sell, visit www.actioncoach.com/pjweiland. Let’s work together to help your business grow.

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