 |
Focus on Decision Making and Execution
Author: RoiceKrueger  | Posted: 07-11-2007 | Comments: 0 | Views: 28 | Rating: (53)  (?) 
Once you have a clear laser-beam focus on a WOW level goal, there are two other keys to remember.
Speed of Decision
The first is speed of decision. When I go out to companies as a consultant and to survey employees, the number-one frustration of most employees is the decisions their bosses haven’t made. And the reason most bosses haven’t made the decisions is that they don’t know what their focus is. They don’t know what they are actually trying to achieve.
Make your decisions now!
Speed of Execution
You also need speed of execution; this is the other thing that Toyota does so well. The proposed ideas are on the assembly line tomorrow. The decision is made, the execution is made, ideas are implemented immediately, which is why no one can keep up with the rate of improvements Toyota is making.
Execute now!
When you are focused, it causes you to speed up your decision-making process. You are focusing on a few things, not many things.
When you have speed of decision and speed of execution, the best people on the planet will always want to play with you. Because they are already playing faster than anybody else right now.
The Result of Focusing
Let’s talk about Bottom Line Reports. Marty Edelston created it. He produces focus at the level of each individual in the company. Every week they write up two 3 x 5 cards about what they can do in their area to achieve one of two company focuses: increase profit or decrease costs.
Among other things, this company sells books. As Martin Edelston, chairman and CEO of Boardroom, says, "Sometimes the best idea can come from the newest, least experienced person on your staff." Like the hourly-paid shipping clerk who suggested that the company consider trimming the paper size of one of its books in order to get under the four-pound rate and save on postage. The company made the change and save some postage: $500,000 the first year and each year since.
At Bottom Line Reports, Marty Edelston starts out by giving each employee $2 for an idea, and $10 for a great one. All the ideas are recorded. At the end of the year everybody gets a bonus according to his book “I-Power.”
His company has the highest-paid employees in the world. Microsoft pays about $350,000 per employee a year. At Bottom Line Reports, the average is $2 million per employee, all because they keep figuring out how to make the company better.
The secretary said, “I can save about 15 steps, 30 times a day, if we move the file cabinet over here and just move my desk out there.” They did it, and her productivity level increased tenfold.
What is happening is just little incremental kaizen, improvements that are going to make you vastly better.
Can any one of us do it? Yes. You focus on what increases the profit and decreases the cost. And it’s just little things; 5/16 of an inch on three sides!
Focus on a few small things can radically change your profits!
The message is simple: Get focused, get it down to one thing that you are going to be the best at on the planet.
Rate this Article:
Current: 5 / 5 stars - 1 vote(s).
Article Source: http://www.articlesbase.com/leadership-articles/focus-on-decision-making-and-execution-254353.html
 About the Author:Roice Krueger was a co-founder of FranklinCovey, the world's largest training and education company. Amazingly, Roice has consulted for 80% of the Fortune 500 companies. Those companies know that Roice delivers the goods, and they continue to beat a path to his door when they need help! Visit Roice’s 101 E-Book Library at http://www.IdeasThatCanChangeYourLife.com.
|
Submitting articles has become one of the most popular means of generating quality backlinks and targeted traffic to your website. Join us today - It's Free! |
|
Latest Leadership Articles
Executive Coaching in India - Dance Coaching Model
By: Sonia Kapur | 09/10/2008
The Orange Academy is one of the front runners of executive coaching in India. The organization has in its fold world class coaches with sizeable experience and insights at the leadership levels. Their expertise gives The Orange Academy an edge to provide the best of coaching results.DANCE TM model, propounded by The Orange Academy has been one of the most powerful models towards bringing deep-seated changes in an individual.
Improving Performance at the Peak of Experience
By: Randy Park | 08/10/2008
Is more experience always better? From old habits, to the credit crunch, it often pays to have situations viewed with fresh eyes.
Industrial Cleaning: Specific Products for Machinery and Environments
By: Michele De Capitani | 08/10/2008
From small business to large industry, the common factor of a good level of cleanliness ensure the reliability of machinery and development of work.
The Dangers of Delegation
By: Kevin Eikenberry | 06/10/2008
Remarkable leaders cannot do everything themselves and still be remarkable. Leadership expert Kevin Eikenberry explains the dangers of delegation and how to overcome those possible setbacks. Being a successful delegator will help you become an even more remarkable leader.
How to Lead Others With Passion
By: Karen Giardunio | 06/10/2008
Are you having difficulty leading those around you in the work force and-or in your personal life? Have you ever wondered "What is it that truly makes a Great Leader?" If you are searching for answers that can turn everything around... and possibly turn you into a Leader yourself, then read on and remember... it is the quality and the integrity of all our actions and behaviors that sets us apart from those not aware of the necessity of living in line and in union with such great principles!
Employer Training- Motivation
By: Ferenc Giric | 06/10/2008
A powerful e-book that teaches you a brand new tactic, how to use motivation skills to launch your business like a rocket, with highly motivated employees around you, who will respect you as their lieder and commander.
Five Reasons We Aren't More Innovative
By: Kevin Eikenberry | 05/10/2008
Four fears and one fact about why people aren't more innovative. If you have great ideas that never seem to be implemented, your stumbling block may lie within one of these five ideas. Implementation is the real key to innovation or it's just another good idea.
How Do You Create Wow?
By: Kevin Eikenberry | 05/10/2008
Do you regularly Wow your Clients? Is creating Wow opportunities a part of your organizational culture? How much time do you spend thinking about creating Wow for those around you - professionally or personally? It's time to find the Wow in your organization and in your personal life, and this article will show you how. You'll increase Customer satisfaction - and find new opportunities and rewards in the process.
More from RoiceKrueger
Instant Learning of Conceptual Knowledge – Steps 3 to 5
By: RoiceKrueger | 09/12/2007 | Motivational
I used to teach something called Accelerated Learning. Then I decided it was too slow, so now I am teaching Instant Learning! Here are steps 3 to 5 for instant learning.
Instant Learning of Conceptual Knowledge – Steps 1 and 2
By: RoiceKrueger | 05/12/2007 | Self Help
I used to teach something called Accelerated Learning. Then I decided it was too slow, so now I am teaching Instant Learning! The fact is that human beings are unlimited in their capacity to learn, change, grow, expand, connect, and be inspired.
Find Audiences Who Have Audiences
By: RoiceKrueger | 03/12/2007 | Networking
Each of us knows at least 250 people that we don’t even know that we know. So, even if you don’t know enough people to make you wealthy, the people you know know enough people!
Create an Irresistible Product Story That Works Every Time!
By: RoiceKrueger | 22/11/2007 | Networking
We’ve looked at the power of the opportunity story in network marketing. Now let’s look at other crucial piece of the puzzle – the product story.
Network Marketing – Follow Through, Helping Others, and Believing in yourself
By: RoiceKrueger | 21/11/2007 | Motivational
At the end of the day, network marketing is a business; and to succeed in business you have to follow through. To build a network, you need to focus on other people, and you need to believe in yourself.
Create an Irresistible Sales/opportunity Story That Works Every Time!
By: RoiceKrueger | 18/11/2007 | Networking
Network marketing is about storytelling, and whoever tells the best story wins the immediate sale, enrollment, and recruit. Telling the best story is the secret to building an outstanding organization and team.
The Speed of Focus in Business
By: RoiceKrueger | 15/11/2007 | Motivational
What is the one vital thing that will maximize your results if you get it done with quality, consistency and speed?
Focus on Wow!
By: RoiceKrueger | 15/11/2007 | Motivational
I love this concept, because every person working in a business needs to be focused on a WOW over the course of the year. It is something meaningful, something that makes a difference to your business.
|
|
Business 
