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transparency.
thinking. You need to change from believing that you are your company and letting it become its own entity.
embrace the following four fundamental beliefs: 1. You must build and maintain a true leadership team. 2. Hitting the ceiling is inevitable. 3. You can only run your business on one operating system. 4. You must be open-minded, growth-oriented,
1. You must build and maintain a true leadership team. 2. Hitting the ceiling is inevitable. 3. You can only run your business on one operating system. 4. You must be open-minded, growth-oriented, and vulnerable.
These leaders all have clear accountabilities and must be able to take initiative over their respective departments.
You cannot build an enduring, successful organization that lives beyond you if your organization is designed to crumble the minute you step aside.
so. Each of your departmental heads should be better than you in his or her respective position.
Each of your departmental heads should be better than you in his or her respective
His first rule of building a healthy organization: “Build and maintain a cohesive leadership team.”
In your company, there can be only one answer, and your leadership team needs to parent everyone to greatness.
SIMPLIFY The acronym KISS (“keep it simple, stupid”) is your mantra here.
“No further progress and growth is possible for an organization until a new state of simplicity
The responsibilities that you delegate to other people have to be tasks that you have outgrown.
The beauty of this transition is that there are people who have the skills and enthusiasm to do these jobs.
not really about foretelling what will happen; it’s making a decision about what you will do tomorrow based on what you know today.
As leaders, you’ll need to stop working in the business 100 percent of the time, and as Michael Gerber, author of The E-Myth and The E-Myth Revisited, puts it, work on the
Systemizing involves clearly identifying what those core processes are and integrating them into a fully functioning machine. You will have a human resource process, a marketing process, a sales process, an operating process, a customer-retention process, an accounting process, and so on.
There is a direct correlation between organizational adherence to core processes and your own ability to let go.
You’ll learn how to use the Accountability Chart so that you don’t fall into this trap. This
you and your leadership team must employ these five leadership abilities to reach the next level: (1) simplify the organization, (2) delegate and elevate, (3) predict both long-term and short-term, (4) systemize, and (5) structure your company the right way. The tools you’re about to learn are all designed specifically to help you acquire those abilities.
in. The mind is like a parachute—it has to be open to work.
Integrity and honesty Hard work Service-oriented Dedicated Teamwork The words above describe us as Wolff Group. These words describe what makes us tick, what drives our passion, what is at our core, the heart of Wolff Group, the heart of us. These words describe a part of each and every one of you.
This core value speech was a tipping point for Stu Wolff to catapult his company to four times its size.
alive. For example, one particular client with an amazing culture names each of its conference rooms after a core value.
Your job as a leadership team is to establish your organization’s core focus and not to let anything distract you from that.
Most people are sitting on their own diamond mines. The surest ways to lose your diamond mine are to get bored, become overambitious, or start thinking that the grass is greener on the other side. Find your core focus, stick to it, and devote your time
Broder & Sachse’s core focus is owning and managing real estate, not powder coating. While a new idea may look like a no-brainer on paper, it’s simply not worth doing if it’s not a part of your core focus.
Once your core focus is clear, your people, processes, and systems can be put in place to drive it with consistency. Until you have exhausted every opportunity in your core focus, don’t allow yourself to get distracted by the shiny stuff.
You have to make decisions for the greater good of the business, and you don’t have the luxury of keeping people around simply because you like them. If this is the case, you must let them go. This will be one of the toughest issues you will have to face. Once the change is made, the company is always better off, and usually the person is happier in the long run.