Extraordinary Business

If the feedback I have been getting from executives holds true, 2010 will be the "Year of Performance." There is a common theme that has been popping up in virtually every discussion I have had over the last few months. And that is quote:"We believe we are at a point where we have the right people to take this organization forward. There is a lot to accomplish and the economy hasn't bounced back yet, but we need to grow. This year we need our people to work smarter, be more efficient, and believe in our company."

One CEO put it, "Our typical evaluation process isn't working to create better employees and grow the company. We need to do a better job with communication and innovation. Our leaders must empower their people to do the right things and teach them how to make good decisions."

From hiring to development, the companies that are making the transition back to growth mode are all wanting to do better with what they got. I am fortunate to say that I will be working with some of these companies to do just that through better strategy, better leadership and better execution. Momentum is building and growth will resume again. It will take time but we are on our way.

In future posts I intend to discuss some of the work I am doing and give some insight to how you might get your people working better, smarter, and more efficient.

Labels: "Dan Paulson", "Daniel Paulson", "International Business", "InVision Business Development", Business, Business Coaching, Coaching, Communication, efficiency, InVision, Leadership, Lean

How would you go about saving millions in costs in your business? Would you hire a consultant experienced in 6 Sigma or Lean? Who would be the best at helping you? At Stanford Hospital it turned out to be the employees.

Stanford's employees have so far helped the hospital save over $14 million in expenses. Cost reductions occurred in everything from trash collection to de-linting towels for surgery.

So how do you get so many people focused on cost reduction? It has to mean something to the staff. They need to clearly understand the vision and direction of the business. One difference is they were empowered to make a difference because management didn't have all the answers and the results have been tremendous.

Who are you willing to empower and how would it make a difference in your organization?

Labels: 6 Sigma, Business Coaching, Coaching, Health care, Hospitals, Leadership, Lean, Strategy, Vision