Achieving Work Life Balance Through Ethical Business Practices

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Achieving Work Life Balance Through Ethical Business Practices Jon Fields, Your Business Coach (715) 226 1582 J.

1 Achieving Work Life Balance Through Ethical Business Practices Jon Fields, Your Business Coach (715) Copyright by G.C. Franchising Systems, Inc. 1

2 What is a Strategic Business Owner (SBO)? A SBO embraces leverage greater results with less time, effort & headaches works smarter, not harder Focused, Effective, Productive, Strategic Focuses on the entire business, not just the technical/legal work of the business Excels at leadership, not doer ship Leverages marketing and other peoples talents Learns to let go trust their people & systems 2 Face Reality

3 What A SBO Is Not A Strategic Business Owner is NOT a: Micromanager Perfectionist Control Freak Jack of all trades Workaholic Dictator/Screamer I ll Do it Myself Martyr Hands on Technician 3 Face Reality

4 Goals Power of Clarity and Simplicity Get crystal clear on what you really want and why name it and claim it! Only establish goals and action plans for important wants don t major in minor things Set priorities among competing demands use discrimination Stop wasting time and energy on low priority, low value activities remove clutter and distractions use discipline Concentrate focus, energy and efforts on high priority, high value activities those that move you closer to your vision Bottom line, with clarity of focus, you can do less and achieve more. You are tackling the right things effectiveness. Vision/Goals 4

5 How Do I Define Success: Happiness: Make Sure These are Truly Your Definitions! 5 Know Thyself

6 What Would I Do? With more free time? With more money? 6 Know Thyself

7 Where Are We Headed? The starting point of all achievement is desire. Keep this constantly in mind. Weak desires bring weak results, just as a small amount of fire makes a small amount of heat. Napoleon Hill 7

8 Are You On The Path You Want? Video The Dash 8

9 Different Roles On a scale of 1 10 (10 = highest), rate your effectiveness in the following roles: Strategic Manager Spouse Parent Friend Son/daughter Brother/sister Put a check by any < 7 Neighbor/citizen Faith member Other 9

10 SCORE YOURSELF ON EACH OF THE EIGHT ITEMS USING A 0 5 SCALE. THEN CONNECT THE DOTS OF YOUR SCORES. 0 = Center = Totally out of Balance 1, 2, 3, 4 = (measures that are meaningful to you) 5 = No Improvement Needed Copyright 2006 by GC Franchising Systems, Inc. 10

11 Are You On The Path You Want? 78 Years = Average Life Expectancy of Americans - Your Age On Your Next Birthday = Number of Years You Have Left, on Average Time Use: 55% 33% 11% 1% 11

12 Is Your Life in Alignment? What values have I neglected? What in my life is out of balance? Or, where am I falling short? Whom have I hurt? 12

13 Vision Good business leaders create a vision, articulate the vision to yourself and others, passionately own the vision, and relentlessly drive it to completion. Jack Welch 13

14 Creating the Vision What is Vision? Vision creating an attractive future (direction and destiny) that excites your team to pursue Ask yourself better and bigger questions Powerful visions galvanize groups and take them to new places and heights 14

15 The Basics Direct your ship get the right people on your ship and throw the wrong people overboard Give them the motivation, tools, training and authority to be successful Coach them, challenge them, hold them accountable Do you want a culture of results or excuses? Lack of accountability is a deadly mistake Meetings are held, decisions made, follow through Don t try to be popular or liked try to be respected! Pleasing everyone is a sure disaster 15

16 Accountability Basics Never let a committee or group be accountable Have a single, clearly identified Champion for each major goal For each written goal, establish a deadline, desired outcomes, etc. clarity of expectations and standards Conduct regularly scheduled follow up meetings and have a tight agenda Demand results praise progress, deal with lack of progress sternly 16

17 Keep goals SMART Specific Measurable Achievable Really Desired Timed 90 Day Goals You become what you think about. Focus on the vital few, not the trivial many Set big goals goals on steroids Earl Nightingale 17 Vision/Goals

18 In 1 year? How Do I Want My Personal Life to Look In 3 years? Vision/Goals 18

19 How Do I Want My Business to Look In 1 year? In 3 years? Vision/Goals 19

20 Personal Goals Financial Goals (income, savings, debt reduction, investments) : Health Goals: Vision/Goals 20

21 Personal Goals Family/Marriage/Relationship Goals: Mental/Educational/Skills/Knowledge Goals: Vision/Goals 21

22 The VITAL FEW (self & employees) Most Important, High Value Activities Highest & Best Use of My Time & Talents Task / Activity / Effort Strategy to Maximize 22

23 The TRIVIAL MANY (self & employees) Clutter, Stuff, Low value Activities Waste of My Time and Talents Task / Activity / Effort Commitment To Manage 23

24 What s In It For You If You Improve? How will your business improve if you are more focused and productive? How will your personal life improve if you are more focused and productive? Vision/Goals 24

25 Power of a Written Plan People that have a written plan for the day accomplish in six hours what another person without a written plan requires eight hours to accomplish. Written plans immediately increases your efficiency and that of your team by +25% by having write down their daily plans. The 25% increase in efficiency adds to the bottom line without adding any cost only changing behavior and expectations. A daily plan should list only 70 80% of what can be actually accomplished (otherwise a setup for failure) More work gets done at the beginning of the day when people are the freshest and most alert. You and your team feel better about your careers, and employee turnover rates go down, and training costs go down. 25

26 Individualized Daily Planners: Don t Call it a To Do List 26

27 Special Conference Offer: Free Business Coaching. Conference Offer Each business represented here will receive complementary, coaching sessions These sessions may be used to further develop and implement the ideas covered in today s workshop, or to address any other business issues of special interest or priority. Schedule your coaching sessions ASAP while these ideas and topics are still fresh on your mind. Sample Coaching Topics Work Life Balance Priorities Marketing Small Business Selling Processes Strategic Planning for Individuals and Businesses Leadership People Management Business Systems and Processes Operation and Procedure Manuals 27

Why, When, and How to Delegate: Making Effective and Ethical Use of Staff. Jon Fields Franchise Owner (715)

Why, When, and How to Delegate: Making Effective and Ethical Use of Staff Jon Fields Franchise Owner (715) 226-1582 j.fields@thegrowthcoach.com 1 Relationship & Personal Growth Management It s what you