carolinas agc ceo workshop 3.13

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Ideas Into Action

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Page 1: Carolinas AGC CEO workshop 3.13

Ideas Into Action

Page 2: Carolinas AGC CEO workshop 3.13

The Knowing – Doing Gap

Page 3: Carolinas AGC CEO workshop 3.13

Organization Effectiveness Audit

Page 2Be “Brutally Honest”

Scale of 1 – 10

Page 4: Carolinas AGC CEO workshop 3.13

The Four – I’s

• Ignorance• Inflexibility• Indifference• Inconsistency

3

Page 5: Carolinas AGC CEO workshop 3.13

How to avoid the Four I’s

• Aggressive external market focus.

• Ridiculously high level of customer focus.

• Keep the “Main Things” the main things.

• Bullish on knowledge sharing and learning.

• Teamwork / communication is mandatory – not optional.

• Passion and commitment at all levels.

• Foster a healthy paranoia.

• Revel in change.

3

1 - 10

Page 6: Carolinas AGC CEO workshop 3.13

Key Drivers of Customer Satisfaction and Loyalty

Financial Performance

Quality P&S&

Customer Relationship

EmployeeSatisfaction

Empowerment High Standards

Long-termOrientation

Enthusiasm, Commitment,

Respect

Training &Development

Fair Compensatio

n

CR= 104.12% increase in profits

CR= .404

CR=.334

CR=.277

CR=.275CR=.249

CR=.280 Coaching

CR=.285

CR=.371

CR=.365

CR=.191

CR=.247

TolerateNothing

Less

From: Practice What You Preach by Maister

Global study:16 countries529 companies15,589 respondents

4

Workshop Page 41 - 10

Page 7: Carolinas AGC CEO workshop 3.13

What do engaged employees look like?

1. They give more discretionary effort.2. They consistently exceed expectations.3. They take more responsibility and initiative.4. They receive better customer service ratings.5. They offer more ideas for improvement.6. They promote and model teamwork.7. They volunteer more for extra assignments.8. They anticipate and adapt better to change.9. They persist at difficult work over time.10. They speak well of the organization.

Page 51 - 10

5

Page 8: Carolinas AGC CEO workshop 3.13

Key Competitive Advantages

Products People Process

Page 9: Carolinas AGC CEO workshop 3.13

John Spence Team Model

• D• M• C• C• M• D

irection – vivid, clear, inspiring --- shared

easurements – specific, observable, focused

ompetence – very good at what they do

ommunication – open, honest, courageous

utual Accountability – all team members

iscipline – do this every dayPage 5

Page 10: Carolinas AGC CEO workshop 3.13

The Evergreen Project

10 year study of 160 top companies

40 distinct industries

200 management practices

Winners, climbers, tumblers, losers

Winners had an average Total Return to Shareholders of 945%...

The Losers only averaged a TRS of 62%

From: What (really) Works by Joyce, Nohria, Roberson 6

Page 11: Carolinas AGC CEO workshop 3.13

The Four Primary Practices:

1. A sharply focused, clearly communicated and well-understood strategy for growth.

2. Flawless operational execution that consistently delivers the value proposition.

3. A performance-oriented culture that does not tolerate mediocrity.

4. A fast, flexible, flat organization that reduces bureaucracy and simplifies work.

From: What (really) Works by Joyce, Nohria, Roberson 6

Page 12: Carolinas AGC CEO workshop 3.13

The Secondary Management Practices:

• Talent = find and keep the best people.• Key leaders show commitment and

enthusiasm for the business.• Embrace strategic innovation.• Master the power of partnerships.

From: What (really) Works by Joyce, Nohria, Roberson

Score yourself on the 1–10 scale for all eight practices on page 6

Page 13: Carolinas AGC CEO workshop 3.13

Non-negotiable Standards + Fanatical Discipline

Very Clear Expectations Specific and Measurable GoalsNecessary Systems & SupportRobust CommunicationConsistent Tracking of

PerformanceRegular Performance ReviewsRefuse to Tolerate mediocrity

Page 71 - 10

Page 14: Carolinas AGC CEO workshop 3.13

Look for the Pattern

Page 15: Carolinas AGC CEO workshop 3.13
Page 16: Carolinas AGC CEO workshop 3.13

If you have any questions at all please do not hesitate to send a note or call. My email address is: [email protected]

My twitter address is: @awesomelysimplePlease connect with me on LinkedIn

Also, you might find value in the ideas I share in my blog. You can sign up for it at:www.blog.johnspence.com

Lastly, these slides have already been uploaded to:

www.slideshare.net/johnspence

Thank You