Thanks Barbara for the warm welcome!
Hi Everyone.
Managing your own performance and creating happiness (both personally and in your business) is critical to your overall success.
Whilst there are as many reasons for starting a business as there are business owners, behind the initial catalyst generally lays the desire for greater happiness and success.
A business may provide circumstances to enable you to create happiness and success, or just as easily thwart your efforts toward a fulfilling life.
Over the next 7 days, I will be sharing hints and tips to maximise your performance, maintain your motivation and increase your happiness and wellbeing. Let’s dive in...
1. Maximise Your StrengthsMost business people have, at some time done a SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis for their business. Yet, a lot of people I meet struggle to tell me what their personal strengths are.
When you are so busy running the business, doing everything (sometimes all at once) and racing against the clock, even the very activities you love can seem like a chore. It is important to maintain your passion for the activities you love and create opportunities to use your strengths by doing what you do best every day.
Research shows that people (and teams) who do this are more productive and generate increased business outcomes across a range of metrics. View the business case:
http://www.tmbc.com/whystrengths/businesscase What are strengths?The traditional view of a strength is an activity or task that you are good at (you have a certain level of skill or competence); however this definition is somewhat limited. According to Marcus Buckingham (researcher, speaker, author and strengths “guru”) in addition to being something you are good at, a strength is also identified by the way you feel about the activity:
• You look forward to it with a sense of anticipation
• When you are doing the activity, you are “in the zone”, engaged and focussed while time fly’s by un-noticed.
• When you have completed the activity, you feel energised and, well... strong.
How often does this happen for you in your business?
Research indicates that people are more productive and successful when they get the opportunity to play to their strengths (do what they do best) most of the time.
[b
]Benefits of maximising your strengthsIf you are spending your days doing activities that you are good at, but aren’t energising or engaging for you, you may not be giving your business your best. Just “going through the motions” is rarely enough to make you want to leap out of bed every morning, pour your best into your business and go the extra mile to delight your customers.
Worse still, if you are squandering your days on activities you dread, procrastinating on getting certain things done, or feeling bored and drained, you and your business will suffer.
Irrespective of how good you are at certain activities, if you dread the thought of them, time seems to stand still when you are doing them, and when you are finished you feel drained and de-motivated (apart from the initial –“thank goodness, it’s over” sense of relief that it’s finally done), it is not a strength – it is a weakness.
Specific ways that maximising your strengths can help you and your business are:• Improved productivity (you get more done when you are motivated and engaged)
• Increased Resilience (doing what you do best builds your capacity to bounce back when things get tough)
• Perseverance (you are more likely to stick with a business that you love and are passionate about)
• Enhanced performance (you do your best, learn and grow the most in your areas of strengths)
• Superior customer service (customers notice when you are engaged and passionate about what you do, or when “your heart is just not in it”)
• Happiness and wellbeing (emerging research indicates that you will be happier and more fulfilled when you do what you love).
• Confidence and authenticity (using your strengths helps to increase your sense of confidence, be authentic and true to yourself)
While we can’t engage our strengths all the time, you can deliberately focus your work days more toward activities which strengthen you, and away from weakening activities. Even a 5% shift toward your strengths will make a difference.
Based on Marcus Buckingham’s SimplyStrengths™ process, the following is a guide to maximising your strengths.
Spot your strengths.The easiest way to spot your strengths is to take notice of how you feel about the activities you are doing.
The first step is to give up multi-tasking and only do one thing at a time!
Be “present” to what you are doing, and take note of how you feel before, during and after the activity. Which activities make you feel energised and strong, and which bore you to tears?
Once you have separated the wheat from the chaff, it’s time to get specific and identify what particular elements of the activity strengthen you.
Ask yourself clarifying questions – does it matter why you do the activity, what circumstances you do it in, who you do it for? Nut out the specific aspects of the activity that strengthen you and create a concise statement about your strength. Do this for each activity which strengthens you.
Do more of what you do best.Now you have identified your strengths, how can you use them more in your business? While it is often not possible (or practical) to spend all your time doing what you do best, developing a plan will enable you to gradually tilt your activities toward more of the things you enjoy.
This might involve delegating those activities that weaken you to others (whom? I hear you say). As the saying goes, no man (or woman) is an island, so even if you are a sole business operator, think broadly and creatively about who you know that is strengthened by the activities which weaken you. For example, two of my friends / colleagues excel at proof reading - they have an eagle eye for typo’s, which is a weakness for me - I can stare at the page all day and still not see them.
Alternatively, you might consider:
• contracting a professional to help you (e.g. getting a bookkeeper or a virtual assistant),
• partnering with another small business owner who has complementary strengths, or
• realigning your business and the services you provide toward your strengths.
Do your cost benefit analysis - the cost of contracting someone else to do the activities which weaken you may not be as high as the cost of you doing them yourself in the long run (in terms of lower productivity, decreased motivation, missed opportunity cost).
Focussing on your strengths doesn’t mean ignoring your weaknesses. Acknowledge your weaknesses for what they are, and in playing to your strengths, develop ways to mitigate or minimise your weaknesses and the impact they have on your business.
Simple Steps can help you and your business to thrive.
For more information on Strengths visit my website or: The Marcus Buckingham Company
http://www.tmbc.com/