Tuesday, January 12, 2010

"MO" - What Every Organization Needs for the New Year | GiANT Perspectives

What Every Organization Needs for the New Year GiANT Perspectives


Giant Perspectives - Jeremie Kubicek *

"MO" - What Every Organization Needs for the New Year ***

A good friend of mine, Corey Baker, has a saying for every leader to heed. He states that every organization needs “Big Mo and Cash Flow.” I’d say he is right on track. Momentum is crucial and cash flow even more important. *

What happens if you don’t have either momentum or cash flow? It’s understandable how a lot of organizations would be missing one or the other (or both), especially in light of the past 18 months. This blog is focused on momentum. Normally cash flow follows momentum. So how do you get it? *

Gaining MomentumHow do you get the “Mo”? Momentum is the tendency to repeat successes. It is a process of motion moving forward. There are three possibilities for your momentum. You are either: *

1. Moving Forward **
2. Not Moving **
3. Moving Backwards **

Which of these is your reality? *

If you are moving forward ***.. How fast or slow is the movement? What are the practical things you can do over the next sixty days to increase the velocity of your momentum? Look for the simple things to add fuel to your fire. *

If you are not moving ***… What can you do to get some REAL momentum? Notice the highlight. If you are stagnant then make sure that whatever you try to do to move momentum forward is authentic or it can backfire and move you in the opposite direction. Make lists, talk to outside sources, get aggressive… do whatever it takes to get an inch of momentum and start pushing forward. *

If you are moving backwards… *** It is important to follow what the best turnaround specialists advise. First, stop any sliding backwards. Second, focus on small victories while you overhaul the big weaknesses of your organization. Third, empower a few to do great things and start celebrating bigger successes. *

To get a better perspective on momentum watch a college basketball game. Watch the swings of momentum and how those swings happen. It is fascinating. *

Find Your Momentum ***If you are a leader of an organization, of a department, or even simply your family, let me encourage you to find your momentum. Get real with where you are at and then put your plan together. *

Over the past few months I have been getting real with our business and our momentum. In 2008, the business we had acquired began to move backwards as we tweaked it for future growth. As a leader development company we ran right into the economic collapse where training and leader events began to dry up. Our business began to slow and momentum was the most difficult for about six months UNTIL… *

That is the key word - UNTIL **. In the midst of our decline our board and I made some key decisions to invest in adding to our leadership team and expanding a key brand. We focused on hitting the results of one event to stop the momentum slide and then we began putting the pieces together to make a momentum run. *

At the end of 2009, we began resetting goals to finish strong. We then began gaining momentum for 2010 with new business and strong teamwork. Going into the year our team knows that we are making progress and moving forward aggressively. You can just feel the momentum in the air. *

Now it is your turn. Find your “Big Mo” and then watch the cash flow follow. *
Posted on January 05, 2010 in Business Growth *

Access original post: http://www.giantperspectives.com/read/what_every_organization_needs_for_the_new_year/

QUOTES *

Momentum *
"Success requires first expending ten units of effort to product one unit of results. Your momentum will then produce ten units of results with each unit of effort." *
~ Charles J. Givens *

"Most people never run far enough on their first wind to find out they've got a second. Give your dreams all you've got and you'll be amazed at the energy that comes out of you." *
~ Henry James *

"Getting momentum going is the most difficult part of the job, and often taking the first step is enough to prompt you to make the best of your day." *
~ Robert J. McKain *

"When you're successful, things have a momentum, and at a certain point you can't really tell whether you have created the momentum or it's creating you." *
~ Annie Lennox *

"This article is used by permission from Leadership Wired, GiANT Impact's premiere leadership newsletter, available for free subscription at http://www.giantimpact.com/."

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http://dreamlearndobecome.blogspot.com This posting was made my Jim Jacobs, President & CEO of Jacobs Executive Advisors. Jim also serves as Leader of Jacobs Advisors' Insurance Practice.

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