Thursday, September 30, 2010

Lessons from the Road

When I venture out from my stomping grounds it’s generally with anticipation, and the general belief that I’ll discover something intriguing and my trip to Denver to attend a The Alternative Board Conference didn't disappoint.

I try to bring something interesting to read for those times when I’m deprived of my Blackberry like when I'm actually airborne. With that in mind, I embarked on a search for something worthy. I cruised blogs. I checked out best seller and recommended buy lists. I was getting quite discouraged when I finally stumbled upon “it”. A research based book with statistics to back it up: “Happiness at Work, Maximizing your Psychological Capital for Success” by Jessica Pryce-Jones.

It boasts that the happiest people:
• Are 180 % more energized
• Are 180 % happier with life
• Are 155% happier in their jobs
• Are 108% more engaged at work
• Love their job 79% more
• Are 50% more motivated
• Have 40% more confidence
• Achieve their goals 30 % more
• Contribute 25 % more (which means a whopping 1 ¼ days more productivity/week)

The book identifies the key factors as Contribution (where setting and achieving goals is important), Conviction (motivation is intrinsic), Culture (liking your colleagues is important as is fairness and having control), Commitment (you need 5 to 6 “pathways” or alternatives because there’s generally only about a 20% probability of any one being successful), and Confidence (getting things done, self belief, and understanding your role). It’s full of interesting information and I’d highly recommend it.

Back to the trip: Having learned my lesson not to skimp on time to get through the airport I got there early enough that the lines were virtually non existent and ended up sitting at the gate with a significant amount of time on my hands. I had my trusty Blackberry to keep me productive and amused but became intrigued by a “nice, young man”. (How did I ever reach the age where I think of someone as a nice, young man?) We quickly got into the serious business of solving all the world’s business problems and I think by the end of it both of us felt like we’d made some pretty good progress. Turns out he does marketing events and that Bud Camp is real. “Pour the perfect Stella beer” competitions are also real. I came away from it with a deep appreciation for how powerful eliciting deep emotional responses about a brand/product can be through an event. Might not be quite as good as the Old Spice social media coup but still pretty remarkable. If you haven’t seen the Old Spice You Tube come backs for questions posed on Facebook and Twitter you should check them out. Not only are they quite entertaining but Old Spice sales are up significantly for the first time in a long time.

There was also the intriguing drive to the hotel with the Ethiopian immigrant. It turns out he came to the U.S. with $ 300 and built up a ½ million/year Dry Cleaning business only to lose it all during the “crash”. “Money comes, money goes.” Obviously he had no trouble with acceptance. We started into the “ethics” talk that opened with the ever obvious, “Rich people are greedy” and concluded with what I’ll summarize as the, ethics are more important than money, perspective. He was a fascinating man but in retrospect, if we had more time, we could have expanded it to the importance of power relative to survival. I think in times of plenty, power becomes less important because it doesn’t affect survival significantly. There’s also the issue of the age old adage that power corrupts which I think is generally true but I also suspect that it’s more complicated than that. That it’s related to “roles”. For example, the Dalai Lama is powerful but not considered corrupt. He believes he’s a re-incarnation. His role identity is very strong. Does his belief in being compassionate get reinforced by that? I think so. And for the record, it’s my observation that one of the requirements for long term success is high ethics.

There was too much to summarize from the conference but one of the highlights was the session on coaching excellence. The focus is always on the coachee and what they want. Specifically, how to help them clarify what is important to them, establishing their goals, figuring out how best to achieve them and finally, supporting them to make it happen. Another way to think about it is it’s about facilitating acceptance so the coachee will adapt in a positive way. It’s most effective when it reflects the coachee’s language, opinions and agenda; not the coach’s. It sounds simple but in practice can be quite challenging.

There was also the old argument for personality assessments which was strongly supported. Personally, I have a tendency to think of personality assessments as a way to categorize people. They help with understanding and relating to each other but think that can also be achieved through quality, effective conversation. And conversation has the benefit of being quicker and cheaper. But to be fair personality assessments can also be key in evaluating fit, for example; will someone be good at sales? And sometimes people exaggerate, are biased about themselves or those they care about, or are simply in denial and assessments can help negate that. Still, I believe being a good communicator is a really powerful skill. It is our most used method to inspire, coach, direct, clarify, evaluate or to assess. And most of us could be a lot better at it.

It would be really wonderful if everyone would communicate using a coaching methodology as the focus would be on helping each other to develop in a supportive, non invasive, non coercive manner and personally, I’d really like that and think others would too.

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