From time to time leadership teams are faced with a major strategic decision to reduce and redirect dollars and human resources to meet a major downturn in the marketplace. Let's take the scenario where they don't want to let staff go, nor do they want to shift their services away from what they know what works and what made them successful. Revenue is dwindling fast and if they don’t do something soon they know they will be attending one of those dreaded meetings with their banker.
If you are in this position it is time to take a surgeon’s look at all your policies, processes and procedures. Engage your key management personnel in finding ways to do more with less. Your task is to map out everything and measure it against your overall strategic direction. In today’s parlance this would be akin to LEAN, - when we did this we called it "Finding Efficiency." Your overall strategy is to find the savings to weather the storm without terminating employees. One way to accomplish this is to follow a rigorous decision-making process with the following steps:
Finally, make sure that the decisions you make accomplish the results you intended. So evaluate the results on a quarterly basis and “tweak” the decision to meet new conditions as they arise. Here is what I found when companies did this: the economic storm was weathered and the company moved ahead with an improved bottom line which allowed them to keep their valuable people and improve services to their customers in the long term.
From the archives, Fontanie Learning Solutions
We have plenty of opportunity to fritter away precious time in our places of work.
We allow noisy interruptions such as someone knocking on our door and asking, "You got a minute?" to leaving the "sound" on that lets us know that an email has arrived. We also allow silent ones like having little sticky notes on our walls or on our computers and loading our virtual or physical desk top with files, folders and notes. All of these interrupters take us away from our most important priority of the moment. We get further behind and then claim we are "overloaded" with work. Perhaps we fail to realize that every time we are interrupted we lose about 8 minutes of time. Why? Because our mind needs to disengage from what we are doing, deal with the interruption, and then reengage back to the task at hand.
What to do:
Set aside quiet time to work on your most important items. Some companies have established a policy for their employees not to interrupt their colleagues for the first hour of the day. That time is set aside for them to work on their most important priorities. Failing a company policy, make an appointment with yourself. Guard it just like any other appointment and close your door or put a 'do not disturb' sign on the door or doorway, letting others know that you are busy.. When you have completed that important task you can then remove the 'do not disturb' sign and give the person the attention they deserve.
Break the multitasking myth: Many people think they are good at multitasking. The truth is, they are not. It is estimated that only 2% of the population can multitask without loss of productivity or personal energy. This suggests that for the 98% of us who think we can improve our productivity by multitasking, in reality we are reducing it. Studies show that multitasking increases mistakes, slows down productivity by as much as 40%, dampens creativity, increases stress, impacts relationships negatively (think people viewing their cell phone messages while talking to others), and can place us in very dangerous situations (think driving and texting). The answer to multitasking is to focus on one thing at a time, or at least work on similar things consecutively, e.g. pay all bills at one time, even in this case we can only pay one bill at a time
Control Cell Phone Usage. Related to multitasking is the misuse of cell phones. Cell phones give us a sense that we can do many things at once, but frankly they can be a huge distraction at work. Consider those who check their phones in meetings, text under the desk, hide their phones in files and folders during a meeting, have their phones on during meal time, maintain personal social networking while employed, and look things up on their cell phone rather than on their employer's computer because it would not be considered appropriate. Cell phones can be a great tool to affirm relationships, improve productivity and be a mini-computer in our hand; but, they also can be great time wasters and a cause for discourtesy and disrespect if we don't manage them properly. The issue here is one of self-discipline where we need to manage cell phone usage rather than allowing it to manage us.
Commit time for sleep and rest. We now know that if we are sleep deprived we can expect less productivity and more on the job accidents and mistakes. Improve both your efficiency and effectiveness by getting the appropriate amount of sleep.
Delegate but make sure you delegate appropriately. Delegate the "what" and leave the "how" to the delegatee. His or her "how" may actually improve your "how." If so, both you and the members of your team have gained. Of course if the person doesn't know "how" to do the task then coaching is necessary - yet another learning opportunity has presented itself.
Turn off the "sound" your email makes when it lands in the inbox. If you use Microsoft Outlook go to your inbox, open the tab "tools." and click options. Under email click "email options" and then click "advanced email options" and unclick "play a sound." Presto another interruption disappears.
Commit specific time for your email. Go to your email three or four times a day and at a time when you can respond to the messages. This way you can give due attention to the email rather than being interrupted by it.
Set aside time for energy breaks and physical exercise. A vehicle can't run without fuel and must have the right fuel to run. It also needs regular maintenance if it's to operate at top efficiency. So too we need proper food, fluids and physical activity if we expect to function at our best.
Learn to say "no, I don't have a minute right now." Ask how important the issue is and if its really important you may have to take the minute. However, I have found that most people who ask "got a minute?" don't have important and urgent matters that require immediate attention. Let them solve the issue themselves and have them report later on how they handled it. You can then praise them for a job well done or turn it into a learning opportunity for them.
Work on your priorities and commitments throughout the day. Before you leave the office take 10 to 15 minutes to plan for tomorrow, record your achievements, prioritize and reschedule the tasks left unfinished, and thank those that helped you succeed during the day. Then go home relaxed knowing that you have done your best. When you wake up in the morning you will have a plan of action ready rather then asking yourself that profound question: "What am I suppose to do today?"
The Learning: When we apply one or two of these strategies each week they help us to: become self-leaders through focus and self-discipline, take ownership of our responsibilities, be accountable for our actions, improve relationships, become more productive, and respect our own and each other's resource we call time.
Thanks for reading
Richard P. Fontanie MSW, FCMC Updated from Fontanie Learning Solutions Archives