Creating Certainty in an Uncertain World

Increasingly, coaching conversations with our clients turn to introspection on ‘what can I do about the issues we encounter in the workplace?’ As business coaches working in many different businesses and organisational structures, we pick up trends and flows on the ‘issues’ discussed, and in the post Covid environment, leaders’ uncertainty about how to go about creating a connected workplace seems to be trending high.

In one way, this is not much different to pre-2019 coaching work. Leadership have always been aware of the role they play in connecting teams and engaging the workforce and keen to build on this. Our ‘most in-demand’ workshop is creating an environment for high performance, where teams are willing to have the difficult conversations and commit to one another. So why the uncertainty in leaders now?

Workplaces have a new level of complexity for leadership to contend with. There are additional layers, to how organisations and teams work together:

  • WFH: ‘working-from-home’ for 2 of 5 days, has become a normal part of the working week, which creates a disconnect, both systemically and intra-team – the hybrid workplace, as we now know it.
  • All-change: There is also a significant movement of staff – from one company to another, and/or one team or cohort to another which started when the Covid lockdowns and mandates were introduced but has continued to increase as we return to ‘normal’.
  • Uncertainty: With a changing and unpredictable workplace, the focus has moved to efficiency and covering the gaps – trying to ‘read-the-tea-leaves’ whilst building for tomorrow and keeping a streamlined organisation together.

How leaders manage this is not a simple, one-size fits all answer. There is however a common coaching technique we apply, when the answer isn’t clear or certain – it is called ‘the overview effect’. My business partner Ak Sabbagh introduced me to this concept a while ago. He explains it this way:

“It is about stepping back and taking an unfamiliar perspective. In many ways the role of a business coach is to help business owners and leadership teams gain ‘the overview effect’.  We regularly get comments like “I’ve never seen my business from this angle before.” “It’s like the fog’s been cleared…”

How do we do this? We use a coaching style to help our clients sit above it all and consider the context of their situation – rather than sitting in the situation itself.  We use proven frameworks and tools to engage in discussions that elevate our client’s perspective of their ‘fixed workplace’, or the limitations of the team, to look at processes, leadership and communication styles, people, goals and aspirations.  We are always innovating new approaches to help our clients get the “overview effect”, to see a solution that was there, but they couldn’t see it because they were standing too close to see it.

Why do we do this? Because, regardless of the size or style of their business, we love working with leadership to build resilient relationships and innovative workplaces, that retain staff, get the right people in the right job and connect the passion of the individual to the purpose of the organisation.

~ Margaret Armitage

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An Aha Moment on Winning

Over the last month or so I have been listening to and discussing what the hidden depth of high performance is and what part winning plays in that. A part of me rejects the desire to grade performance and yet another part recognizes the true value in measuring something to give it meaning. This is the ‘aha’ moment for me – that to feel I have performed well, to get that ‘winning well’ kind of feeling, I need to experience a light bulb moment of clarity about why or how I performed well.

It is a topic that intrigues me – I am curious, in a scientific kind of way, about what other elements and machanitions are there that move us into high performance and create that ‘winning’ feeling, especially in this ‘brave new world’ of post-pandemic business-life.

If performance is a measured thing to make it high or low, then it should be simply a matter of putting all the skills and competencies in the right place and letting them distill into high performance. However, we know it is not as simple as this.There is another side to the high performance coin that comes from the energy and commitment. So one side of high performance could be skills and competencies (tools of the trade) and the other side could be the energy and commitment (inner purpose) we are feeling. What I have noticed when working with teams and high performing indiviudals is that they balance these elements around their closely held values. I am still left wondering what else there is in the formula that turns a performance into a feeling of ‘winning well’.

When I reflect on this, what stands out to me is that it is our feelings that inspires us and our feelings that we use to measure how well we have performed. Whether it is a ‘ho-hum’ performance or quite fulfilling, our feelings are the guide! Hence, my curiosiness has lead me to conclude that as high performers we are searching for an immeasurable measure to confirm our high performance, to give us that ‘winning well’ feeling.

As a leadership coach, I have discovered that a feeling of ‘winning well’ is a very individual thing because the ‘well’ part of the phrase comes from the measure of the individual or the team I am working with. It’s not something that can be arbitrarily applied or externally measured to claim the ‘winning well’ title.

On a personal level, I need to experience an ‘aha moment’ to give me the ‘winnng well’ feeling. My ‘aha moment’ is when there is a sudden understanding of what is behind a knarly issue or the different perspective I can take to unlock the next steps for me or my client. So this is my measure of ‘winning well’. No matter what anyone else tells me or explains to me, unless I experience an ‘aha moment’ I feel like an underperformer.

In William B Irvine’s book Aha!: The Moments of Insight that Shape Our World, he explores the many varieties of ‘aha moments’ that have resulted in significant wins for humankind and the world we live in. The ‘aha moment’ could be a moral revelation or a scientific revelation or simply a small trigger that changes the way we approach something. They don’t all have to change the entire world, but they do have to result in new insight and will make an impact on us. Something we easily remember and recall over and over.

My insight or ‘aha moment’ when pondering on ‘winning well’ and high performance, is that a key element of the formula is to discover something and share it. It can be to reveal a truth that hasn’t seemed relevant, or it can be a new perspective on an old issue, or it can be an awareness of why everything worked well and knowing how we can repeat it.

So the fundamental nature of ‘winning well’ for me is in the sharing of the win to make high performance sustainable – it’s in my response to the experience. What is it for you?  I would love to hear your thoughts.

~ Margaret Armitage

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A Reason to Win

Recently a conversation came about with a few colleagues regarding winning. I used the word winning as a metaphor to achieve something, gaining something we aspired to and for a deeper meaning to one’s purpose. Without explaining this first I felt a little push back when I kept using the word. At first, I couldn’t understand why. It became apparent that winning was my metaphor or an easy way to explain what brings me purpose or fulfillment, but not everyone aligned with this. The word ‘winning’ has a different meaning for each of us, created by our different experiences and associations with the word. 

 This then took me on a journey over the past couple of weeks and brought me to asking the question, “can you win without competing?” Depends on how you define winning right? After asking this question to people from sport, business, friends, and colleagues, one gem of a comment that took me deeper was “winning is a data point, no less or no more important than other data points.” This makes sense, picking up data or information based on the processes we are undertaking. 

 To me, seeing it as a data point takes emotion out of it. It gives me the result of a process without the attachment and gives information to plan my next move. So why can we get so attached to certain results if it is “simply a data point, no more no less”? Are we attached to the work that goes into the process to get to a desired outcome (the blood, sweat and tears)? Maybe even loved ones or others are involved. Is the attachment to another, deeper meaning we value? If we get the desired outcome to a certain process, is that a win? If so, did we have to compete in some way, shape or form to put ourselves in the best possible position to get the desired result? 

 I don’t know. However, I feel knowing when to win and knowing when to fall back and not become overly attached allows for clearer thinking, better decision making and to put energy where needed to allow me to be in the best possible position to win. It may also allow us to make better decisions by not becoming overly attached to those data points and allowing emotion to take over. 

 Taking it a step further, does this mean there are personalized data points and depersonalized data points? Data points, no more no less (depersonalized) and data points attached with a desired want of a result or preconceived outcome (personalized). If that preconceived result is along the lines of gain, obtain, achieve something by effort can you get it without competing? And if it doesn’t mean enough, is it winning? Sure, you can gain something by not competing. For instance, if someone knocks on your door and gifts you $1000 you could say that’s a win. But if we are talking in the context of preconceived gain, obtain or achieve something by effort, is it winning? Not in that context (being gifted $1000) as you applied no effort and had no preconceived expectation. But yes, in the context of a depersonalized, non-emotional data point you could say it is a win. 

 At the end of the day, I have put more questions on the table than answers. For me the most important question is what is your reason to win? Does it align with your purpose? Your values? And if so to what extent before it becomes toxic, is winning unhealthy? And if winning becomes unhealthy, is it really winning? I believe the question “what is your reason to win?”, holds the answer for each of us. If winning becomes unhealthy to your values and purpose and driven by ego, is it really winning? We all define winning differently, taking small losses in the grand scheme of your purpose and vision could be winning, it’s the awareness around these data points and the decisions we make from them which allow us to move forward. 

 So, what’s your reason to win? Do you have a reason to win? 

~ Tom Wickham

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Here in the middle with you

Kate Purnell’s article in the West Australian on the 20th of July,  Stuck in middle of vax risk highlighted the importance of Australia’s middle-market businesses as a powerhouse that drives our economy.

The article, whilst addressing WA centric issues, references Pitcher Partners’ Business Radar report – Understanding the businesses that drive Australia’s economy.  Released earlier this week this research focusses on the global, national, and local issues that impact decision making and success in the sector we all work in. Highlights:

  • The ability to adapt quickly to the COVID-19 related headwinds of the past 18 months saw an overall improvement in middle market business owner’s sentiment.
  • The sector contributes 25% of total national revenue.
  • As a sector it continues to lag in terms of succession planning and refreshing the leadership talent pool with over 58% of businesses stating they have never engaged in this thought process.

Click on the full article below and Business Radar report here.

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Putting your finger on the pulse in coaching

A short text message from a client opened-up a world of understanding for me on the impact a coaching conversation can have.

In my wonderings with Ak Sabbagh, my coaching colleague at Beckon Business, I often reflect on how much visible evidence clients see from their coaching sessions and how little evidence I see! My perspective is usually on ROI – revenue shifts and increased capacity and behavioral shifts and the like. I base this on “the more time I put in the more benefit the client will see!!” Ak so often asks me “what would you see if you took another perspective that wasn’t time based but impact based? For instance, the client’s well-being may be just as valuable to them as the revenue shift they get and it doesn’t matter how much or how little time you spend, it is still very valuable.” Quoting from Ak – “a short conversation can bring about significant awareness if the client is in that space.” Let me explain…

Situation:

  • I made a ‘quick’ call to check-in with the client who was finishing up a heavy week during COVID. No agenda on my part other than to check the client’s well-being heading into the weekend.
  • It had been a difficult week with one of the client’s staff causing a lot of friction in the team when everyone was busy. The processes in a tightly-managed, highly-geared business were being overlooked by this particular staff member.
  • My client felt highly frustrated, which was demonstrated by being short-tempered and angry in front of the team. Not only that this client was going through some health issues, which added to the stress and feelings of overwhelm, etc.

Invitation: Would you like to talk about it?

  • Unload – In a few, short sentences my client unloaded all the frustration, disappointment and anxiety burdening the week. Much of the disappointment was about ‘going back to where we were a year ago’ and the sudden awareness that the disappointment felt was with their reactive behaviour.
  • Slow-down – Slowing down, pausing and questioning helped this client see they were not back where they were a year ago and significant shifts had been made in the overall team’s growth. It was this one staff member that hadn’t shifted.
  • The self-judgement in my client had been high at the beginning of the conversation and shifted to a considered responsible action at the end of our 30 minute conversation. I finished it there.

Revelation: A few minutes after hanging up I received a text message with screen shots:

  “[My Blood Pressure and Pulse] this morning when I arrived at work”

 

“and [my Blood Pressure and Pulse] after talking to you.”

 

“…..Thank you for your care, knowledge and support.”

The shifts in Blood Pressure and Pulse rate were significant for my client. I have heard Lyra Puspa, neuroscientist and leadership coach speak about the impact a coaching conversation can have on a person’s heart rate and blood pressure, but never considered it as ROI in my coaching.

In short, what I have learnt is that there can be much value in short conversations. Quality not quantity always wins the day!

Margaret Armitage

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Ted Talk that made me think…

Good morning!

Thought I’d share a Ted Talk that my daughter forwarded to me today to discuss over dinner tonight. It brings to the surface some very interesting thoughts and perspective around age and ageing.  I found it well messaged in the main.  Be interested in your thoughts.  Mine are below.  https://youtu.be/WfjzkO6_DEI

What I like is that the presenter has brought to the surface many blind spots that we have within our social system around the topic of age and ageing.  She counters them with really good arguments that allow us to ponder upon our own judgements and beliefs, and perhaps even help us to change just one of them.  That is a good thing.  I love her line about “I am getting old because my left knee hurts – but your right knee doesn’t and it’s the same age!” What a great paradigm breaker!

I disagree with some of her argument and constructs.  Whilst arguing  the need to break down the old beliefs, patterns  and judgements, she uses judgement and beliefs of her own to “make wrong” constructs like capitalism, ‘big business’ and ‘big pharma’ (and a lot more)  in the same breath.  What I think she is trying to do but doesn’t quite get there is to argue that ageism – or any ism is a part of the whole system.  That any “ism” needs to be brought to light – not in judgement but in acknowledging that it exists (even if just in our minds). .

Blaming one part of the system for the ails of another part of that system is flawed logic, a circular argument, and uncreative.  For example, I don’t personally believe that big pharma is out to conspire to make us feel old/sick/bad/wrong – (that’s marketing’s role if we choose to listen to it – and we unconsciously do).  While blaming them for being the bad guys, she fails to recognise that big pharma is still a part of our overall system.  And we cannot change the system from within it (to paraphrase Einstein).  By observing the whole system in context, we can address the beliefs and behaviours we need to address within ourselves (and that helps change the whole system).   My belief is that, on balance, big pharma scientists go to work ‘on purpose,’ perhaps thinking how they could make all lives better by reducing pain, eliminating suffering etc. What we have done, as part of the same system, is to wrap it all in judgement, blame and an unconscious belief that we must ‘make them wrong’ to ‘make us right.’  After all, “those big companies rob us of our money by making us feel bad about ourselves and then sell us stuff to make us feel better.”  No.  If I feel bad about myself – that’s me doing that. That’s me buying into a marketing campaign.  I can change that belief pretty quickly really.

I just need to take full responsibility and ownership for all my stuff – not outsource the issue to ‘the bad guys’ (which I believe to be another mental construct!).

I am reminded by words that my late mother used to speak around being delighted in ageing and gaining white in her hair – a privilege to be able to do so compared to the many that never get to experience it.  She also said once when I asked if she would retire at 80 “Why? I get up and my hip hurts, my foot hurts and it takes a bit longer to get to the bus, but why would I want to not go to work? Why would I not want to be with people half my age, active, alive, aware, thinking, challenging? My hip will still hurt at work, but my mind will be on other more important things.”  Purpose-full.

For me the message is – keep surfing!

Ak

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Foundation Coaching Skills Program – Commencing 28th January 2021

As a business owner, leader or individual we understand attending one-day workshop is not ideal or possible in the current climate.

So, we have taken our 1 day intensive workshop and turned it into a online program over a short 4 weeks for 2.5hrs per week starting on the 28th of January 2021.

This program is intentionally designed to build your coaching capabilities to bring out the best in you and those you work with. Not only does it provide uplift for you and your team it is also accredited by the European Mentoring and Coaching Council (EMCC) and provides the first stage toward becoming a certified coach with this world-leading organisation.

The program has plenty of interaction and embedding of your knowledge. You will apply your learning during the online sessions and leave equipped to effect change.

Keen to know more? The flyer here provides you with a full explanation, dates, times and pricing.

Spaces are limited to ensure maximum value for each participant, so enrol with us by emailing info@beckonbusiness.com.

 

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Is there a way to fail better? (6PR Interview – Ak Sabbagh)

Are we a nation that fears failure? Leadership expert Ak Sabbagh thinks so, and he thinks it needs to stop if we want to move forward.

See Aks recent podcast with 6PR Chris Ilsley  here: https://www.6pr.com.au/podcast/is-there-a-way-to-fail-better/

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Successful succession: An eight-step approach to passing the business baton (Ak Sabbagh) Smart Company Article

The average age of a mid-size company owner in Australia is between 57–75 years old, and yet more than 75% of them don’t have any form of planned succession.

It’s no wonder that we regularly see business transitions occur with frantic, unplanned haste and no real value for current owners.

But it doesn’t need to be that way if you plan out your process.

Below are eight considerations to get you and your business ready to pass the baton onto the next owner.

1. Are you really ready?

First, decide whether you are really ready to sell your business. Ask yourself what is motivating you to sell.

If the business is underperforming, while you may want to exit now, it might not be a good time.

If you have a major life event (divorce, death, illness) in your personal life then it might not be a good time either.

If it’s just ‘time to sell’ and you have planned for it, then you have many options. You could sell to some of your key staff (or help them acquire into the business), to a competitor, or to some form of financial investor (like private equity).

2. Are you running to or from?

Secondly, ask yourself if you are moving towards something important to you, or running away from something you don’t want anymore.

Your answer will change how you exit and who you engage with.

In particular, the answer to that question gives an indication of how quickly you want to exit and why.

If your driving motivation is to simply get out, and speed is the most important factor, then you want to engage with as many people as possible and have a clear understanding of the minimum price you will expect.

3. The buyer’s mindset

Third, be in the buyer’s mindset, not the seller’s.

Will you hand over the business to just ‘anyone’?

Are there any persona non grata? Are there organisations you would hate to see own your business?

What should the new owner be like, since they can’t be a replica of you?

What is your ideal person or company as a buyer and why?

Identifying your ideal buyer means you’ll know them when you see them. Otherwise, anyone looks good.

4. Dot your i’s and cross your t’s

Once you’ve figured out your plan, the fourth step is to get your house in order.

If you have no formal contracts, no formal documentation, a shoebox full of receipts, do you really have anything to sell?

It’s time to ensure you have invested in the right structure, systems, processes, people, and documentation so that the business is ready for sale.

5. What’s it worth?

The fifth step is to understand what your business is really worth to someone else.

Don’t confuse what you want for the business, or need for future life, with what the business is worth.

The first step is to do your own research. Find businesses that are similar to yours that have sold recently and go and speak directly to the past owners about it, not only what they got but also what the process was like.

But don’t just take one person’s word for it; consult widely.

6. The sales process

Step six is to understand all your options and make a choice.

To understand your options, don’t just ring your accountant or broker. Your sale process should be tailored specifically to the answers above.

Engage a professional who will help you find the right buyer who meets your criteria and can pay what the business is worth.

That buyer could be an employee, a customer, competitors or supplier.

7. Get flexible

Next, think beyond price. What someone is willing to pay will be different depending on when and how they have to pay.

Vendor terms, deferred components and conditional components are normal for reasonable sized businesses.

Flexibility may get you more, so if you want to maximise the price, expect to offer vendor finance and/or get a deferred payment.

8. Passing the baton

Step eight is to remember the business is yours until you pass the baton, but not a minute longer.

Be sure to plan for the distraction of the sale process, but you must continue to drive the business until you’ve sold it.

When you’ve finally got past the sale, you will have changed your identity overnight.

You are no longer a business owner. So, what are you?

The real work starts now. Plan for what you will be doing and how you will be talking about yourself.

https://www.smartcompany.com.au/finance/buying-and-selling/eight-considerations-business-succession/

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Key success factors in any change program is to determine ‘quick wins.’

“Good things come to those who wait.” It is a saying that we are all used to, but sometimes in business quick wins are equally important.

This week I (Ak Sabbagh) was delighted to be invited to speak to a dozen or so CEOs as part of Bruce Fielding’s CEO Institute chapter here in Perth.  The topic was about not wasting a good crisis and using the time to be innovative and creative in your business.

We agreed that innovation does not mean that the business has to invent the cure for cancer or a new revolutionary app.  Indeed, many of the CEOs present were able to share how smaller innovations (like changes to current products and services, and tweaks to processes) have helped them to remain “business fit” in uncertain times.

With innovation comes ‘change.’ Change is an interesting thing – and right now, for many of us it feels like we are experiencing ‘change fatigue.’  Who isn’t exhausted by the amount of change that we are experiencing either directly or indirectly at the moment?

This led us to a conversation on our personal relationship with ‘change’ itself.  How do you feel about change?  For some, it is an exciting opportunity to challenge, create and grow.  For many, the mere thought of change brings up fears.  The fear of loss of control or agency, the loss of security and certainty, etc.

It turns out that these fears stem from deep seated chemistry within our brains.  In recent conversations with applied neuroscientists Lyra Puspa and Dr Paul Brown, I learned that our brains are naturally ‘lazy’ and love habit because it preserves energy.  This trait is essentially a key to survival.  Brains learn to become lazy by creating habits.  And as we get conditioned to those habits, (i.e. become creatures of habit), this reduces how much energy the brain exerts on doing things.

It’s why we look at systemising processes and creating procedures in what we do.

But there are times where we need to change the systems or the processes.  That means we need to change our habits, and our natural tendency is to resist the change.  Why? Because it means our brains have to work more to learn the new way of doing things.  This works at the most fundamental level – can you recall the agitation created the last time an invited guest sat at your dinner table in ‘your spot’ or your 2nd child’s usual chair?  Breaking the norm challenges us.

So one of the key success factors in any change program is to determine ‘quick wins.’  Incremental changes that move us towards the ultimate goal without a need to make major shifts all at once create an environment where ‘quick wins’ get associated with positive rewards (I guess that’s why they call them ‘wins’). A quick win sets off good chemistry in the brain.  Small, incremental, habit forming changes that are positively reinforced set off ‘liking’ and ‘wanting’ chemical markers of motivation (opioids and dopamine).  In contrast, change that cause negative reinforcements sets off cortisol – a key stress marker.

So, what are the innovations you are introducing that are creating positive motivations? Creating new, constructive habits? We’d like to know what’s been going on with you in your business.

Join us this coming Friday 21st August at 9am WST with other business leaders and owners for a Zoom conversation to discuss what we’ve collectively learned, what we take forward, leave behind, and how we Find a New Balance.

Join us to Find a New Business Balance, click here to register now.

Ak Sabbagh

Coach & Mentor

Director

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