Tag Archives: Challenge

Lindsay’s In Business: PART 50: All change

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What happens when you realise your path is entrepreneurship rather than employment? Lindsay takes up the challenge and shares an account of her journey as it unfolds…

Just on my way back from a one week trip to London – wow. It seems like everything is changing so fast!

Great response from a conference on Monday and Tuesday.  Wednesday morning’s intro meeting with a Strategy Implementation consultancy was very positive.  My new Director was able to join – I think it really gave him some confidence. The next steps agreed were:

  • let’s run a Quick Scan with his team
  • let’s produce a one-pager to share with a current client.

On Thursday, the leader of the conference I’d attended on Monday (who also runs a consultancy) got in contact to say he’d approached one of his clients who is potentially interested in running Mirror Mirror across multiple teams.

Both consultancies were talking about delivering the whole customer facing process themselves. This means we would effectively then just ‘license’ the use of Mirror Mirror. Taking on that business model – to sell licenses and mainly, or fully, work with consultancies to deliver – has a number of refreshing advantages. It isn’t a million miles from the way we’d been thinking before, but if we move away from being consultants ourselves and can scale up that way, it makes our job much more focused, lean, and simple.

Then to top it all off, Friday, a Head of Comms in an international European organization sent me a meeting request.  That wasn’t unexpected, but it felt new.  Normally I’m the one doing the polite chasing – but here we are – I’m being chased! It felt like we were on a whole new flow.

But back to the license-sales model.  Thinking more on that, immediately, 2 new priorities go straight to the top:

  1. We need to train the trainer – to get that design and content ready – not too difficult.
  2. We need to upgrade our software – the black box that could now be our main revenue stream – needs to upgrade. That’s a major cost and I’ve got some ideas about the funding for that.

Now, instead of losing sleep because I’m worried about the future of the business, I’m losing sleep because my mind is whirring with excitement about the future of the business!

And new challenges come up with every new era. With two new team members joining, how to strike a deal with them that balances an offer of ownership / revenue shares with what they will provide in return, and that is also fair to the two of us who have already been working at this for 2 years. Tricky stuff.  The answer isn’t obvious and I discuss it 1-1 with each team member.

With the new wave of confidence being generated by all of this good news, I pick up hints of guardedness among what the other three may be ok with in a new configuration of arrangements that I haven’t felt before in the business. I realise that I’m feeling nervous about handling this issue properly. I’m not great with interpersonal conflict and fear this topic may jeopardise the goodwill and harmony we need to move forward as a team of four.

But I have to pick myself up and get out of fear-mode. I can’t solve this immediately and there must be a good solution at hand.  Relax – this is inevitable.  My goal is to be transparent with all four of us so that we understand and are happy with the various arrangements among us. The skill now is to mediate towards that understanding and come up with something that has been properly thought through instead of acting impulsively.

Then it crosses my mind that maybe I am being completely naïve – maybe it won’t be possible to find a win-win for all.  Was transparency a mistake here? I hadn’t even considered NOT being transparent because the values of the business are grounded in openness, respect, and inclusivity.

But I’ll press on with finding a solution that fits. I don’t want to lose anyone and I want those values to be real.

 

Mirror Mirroris a proprietary organizational effectiveness process. It is the quickest and most cost-efficient way to accelerate shared understanding and ownership within teams as a means of improving strategy implementation.

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Lindsay’s In Business: PART 35: Fascinating stuff 

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What happens when you realise your path is entrepreneurship rather than employment? Lindsay takes up the challenge and shares an account of her journey as it unfolds…

 Hi – there’s an update below but meantime, isn’t this fascinating!

“The real challenge in crafting strategy lies in detecting the subtle discontinuities that may undermine a business in the future. And for that, there is no technique, no program, just a sharp mind in touch with the situation.”

Henry Mintzberg

That means that planning and refining a strategy is hugely dependent on feedback from people at the coalface…

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Lindsay’s In Business: PART 28: First case study results – it WORKS!

whoopi-goldberg

What happens when you realise your path is entrepreneurship rather than employment? Lindsay takes up the challenge and shares an account of her journey as it unfolds…

I don’t know where to start. My world has changed and I’m singing in the sun!! 😊 (metaphorically – although I could just easily go outside and do that right now)

You know when your world has really changed for the better because factually, you are fully aware what’s new, yet the way you feel about it continues to evolve. First, it’s a surprise, a high, an amazing euphoric rush and you can’t stop smiling. Then it’s a warm reassurance as the implications begin to hit home. And still, a week later, it’s gratitude that this ever came to pass…

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THE IMPORTANCE OF REINVENTING YOURSELF

matheen

by matheen

I couldn’t agree more when C.S Lewis said: “You’re never too old to set another goal or dream a new dream.” That is a fact. The only constant thing in this world is change. Not only is change — a way of life; but change is healthy for us. We need to embrace change and be able to adapt to where life leads us every single day. And change means reinvention. Every time, a major adjustment occurs in our lives —losing a job, moving to a new place, separating from a partner, getting sick — we must be in charge of who we will become when such a major shift happens in our lives. We need to go with the flow. We cannot resist change or we will be miserable and unhappy in our lives.

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To Hope Et. Al.

by River Ho Rathore

The Voice always makes me tear up. Yes, that reality TV shows that aspires to discover the newest talented voices, and which has already been franchised across various countries. Every week, I turn on the TV just in time for The Voice’s broadcast, eager not only to listen to mind-blowing voices, but more intently to listen to contestants’ stories of hope, passion, persistence and determination. Continue reading