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Jeweller - July 2019

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MANAGEMENT<br />

HAPPIER AND MORE PRODUCTIVE LEADERSHIP<br />

SCALING UP A BUSINESS CAN TAKE ITS TOLL ON ONE’S WELLBEING. IN PART ONE OF THIS TWO-PART SERIES, DOUG FLEENER<br />

DETAILS HOW TO CHANGE MINDSET AND MANAGEMENT PRACTICES TO BEAT STRESS AND IMPROVE OUTCOMES.<br />

Over the years, I’ve worked with various<br />

stressed-out owners and managers. Usually<br />

they are smart and dedicated people who<br />

couldn’t work any harder if they tried but<br />

they always feel like they’re getting less<br />

done and falling further behind.<br />

Does this sound familiar?<br />

Chances are there was a time you felt you<br />

had everything under control. It almost<br />

seemed as if your store or company was on<br />

autopilot. For some people, this may not<br />

have been too long ago – while for others<br />

it may be a distant memory.<br />

Everything was all good... and then<br />

something changed. You added more<br />

lines, more stores, more employees or<br />

perhaps fewer employees; your socialmedia<br />

exploded; your foot traffic fell away<br />

or increased and so on.<br />

Change is the one constant in business.<br />

Change is rarely the result of a single<br />

event; it’s instead an evolution driven<br />

by alterations in technology, buying<br />

behaviour, competition and countless<br />

other external and internal forces.<br />

So, are all of these changes the reason<br />

things no longer feel in control?<br />

Not really. It’s not the evolution of your<br />

business that causes you to feel stressed<br />

and overwhelmed; it’s the lack of evolution<br />

in the way you work.<br />

You can’t run a four-store chain the way<br />

you ran a single store<br />

You can’t manage a business that has an<br />

revenue of $2.5 million in the same way<br />

you ran a store with only $500,000 revenue.<br />

Also, you can’t run your business like you<br />

did three years ago.<br />

Too much has changed and if you’re feeling<br />

overwhelmed then there’s a good chance<br />

that you haven’t changed with it. The<br />

good news is that you can jumpstart that<br />

evolution right now.<br />

FOUR WAYS TO CHANGE<br />

Let’s look at four key areas that can<br />

help you be a more productive and<br />

happier leader.<br />

Accept that your work will rarely be<br />

done – Let’s agree that it is nearly<br />

impossible to get everything done in<br />

this always-on, always-wired, 24/7 world.<br />

I always joke that I became more successful<br />

when I started keeping a ‘to-don’t’ list<br />

instead of a ‘to-do’ list.<br />

At the end of the day, we just have to<br />

accept that some things will have to carry<br />

over to be done at another time or maybe<br />

they’ll never get done at all.<br />

Time management is neither the problem<br />

nor the solution – Unless you’ve got a<br />

time machine in your office, just take time<br />

management off the table.<br />

Of course, if you do have a time<br />

machine, please let me know because<br />

I have a few things that happened in<br />

my twenties that I’d like to go back and<br />

change... but I digress.<br />

There can be no blaming a lack of time for<br />

being overwhelmed. We all have the same<br />

number of hours in a day.<br />

What you have to manage is not time,<br />

but priorities – It’s about making the right<br />

choices regarding where you focus your<br />

energy and effort. Managers can make two<br />

mistakes when it comes to this.<br />

The first is doing what they want to do,<br />

not what they need to do. It’s human<br />

nature to gravitate to the things we like<br />

or do well and sometimes these are<br />

aligned with our priorities, but sometimes<br />

they’re not.<br />

The second is letting employees and<br />

outside forces dictate priorities.<br />

This happens more than people realise.<br />

Leaders have to manage priorities like a<br />

full-back holds on to a football.<br />

MANAGING PRIORITIES IS MORE IMPORTANT THAN MANAGING TIME<br />

IT IS NEARLY<br />

IMPOSSIBLE TO<br />

GET EVERYTHING<br />

DONE IN<br />

THIS ALWAYS-ON,<br />

ALWAYS-WIRED,<br />

24/7 WORLD –<br />

I ALWAYS<br />

JOKE THAT I<br />

BECAME MORE<br />

SUCCESSFUL<br />

WHEN I STARTED<br />

KEEPING A ‘TO-<br />

DON’T’ LIST<br />

It doesn’t mean you’re not available when<br />

needed but you should be the one who<br />

decides when something else should take<br />

precedence over your priorities.<br />

Delegating isn’t enough – Although most<br />

managers and owners could increase<br />

delegation to their staff, this is not the<br />

cure-all that most people think it is.<br />

I can’t tell you how many times an owner<br />

or manager has told me he or she needs<br />

to delegate more, which always makes me<br />

think, ‘So do it!’<br />

I’m sure it wouldn’t hurt to distribute<br />

some of the tasks you’re doing that are<br />

keeping you from your priorities but the<br />

biggest reason to delegate is to have<br />

more engaged staff.<br />

It really isn’t going to have much impact on<br />

your own levels of stress.<br />

There’s a fifth critical element I’ll explore<br />

next month. In the meantime, think about<br />

the actions you can take now that will result<br />

in a more productive and happier you. i<br />

DOUG FLEENER is<br />

president and managing<br />

partner of Sixth Star<br />

Consulting. dougfleener.com<br />

38 <strong>Jeweller</strong> <strong>July</strong> <strong>2019</strong>

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