One of the core themes in my first book is “Prioritize: focus on what matters most.” It’s a powerful concept, one I use often in my executive coaching and strategic planning. Yet many business leaders struggle to identify what is most important. Here are some approaches that work in Cincinnati, Ohio, Kentucky, Jacksonville, Florida and all over America.
The obvious place to start is with a company’s biggest problem. After all, if there is a hole in the boat, you’d better fix it fast.
You could be challenged by finding enough of the right people. Perhaps there is one person who brings a lot to the table but has a flaw that needs to be addressed. Or maybe your teams aren’t showing enough teamwork.
To address these issues, our assessments help identify problems and our team meetings kick the conversations into gear. Of course, executive coaching and team coaching allow focus on the specific issues that need to be changed.
Another way to identify what’s most important is to look at your biggest opportunities. Bring together a diverse team to identify the top ways you can grow your organization. After all, few things are more fun—and produce more returns—than a booming market.
Once identified, put your best people on the opportunity. Allocate the resources necessary to ensure success. Then create the future success you know is out there.
Then there’s the “how do we make the most money” approach. Should you sell the business and cash out? Buy another company and grow through acquisition? Maybe the path to profits is best charted by fixing your biggest problem or nailing your biggest opportunity.
Many companies these days also factor in what will do the most good. Which begs the question: the most good for whom? Is it the environment, your employees, your family or your community?
I’ve been helping business leaders figure out what is most important for over 18 years. Through my executive coaching and strategic planning, I help people prioritize and focus on what matters most. If you are interested in learning more, please reach out. I work with clients in Cincinnati, Ohio, Kentucky, Jacksonville, Florida and all over America.