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Written for EO by Todd Smart, an experienced entrepreneur, the co-founder at Traction® Tools and an EO member since 1992.
Are you a small business entrepreneur whose leadership team lacks cohesion or focus? Or maybe you’re running a start-up that can’t reach your next revenue goal? Is your company’s leadership team constantly seeing the same issues popping up?
You’re not alone! But it doesn’t have to be that way. There are best practices you can put into place to solve your toughest business problems—and solve them for good.
Ready to quit solving and re-solving the problems in your company? Follow these five steps and you’ll see a lasting change that can help take your company to the next level of growth.
1. Get to the Root Cause
Problems create pain, but the pain is just a symptom. Most leadership teams react to the pain and solve the symptom. They don’t take time to dig down and explore the real issues at root that are causing the pain.
Root cause analysis can be painful in itself, because you might discover dysfunctions or systemic issues that are messy and complicated. But solving those issues—really addressing the root causes—will end your pain and solve your problems for good.
2. Get Everyone’s Input
It’s not always easy to get to the root cause of an issue—especially if you have members of leadership that are hesitant to speak up. They may have an insight into the problem or the solution that no one else is considering.
People don’t speak up for a number of reasons: they aren’t confident, they don’t want to rock the boat or they don’t realize they have valuable insight.
Go around the room. Get everyone’s opinion before making a final decision.
3. … Read More
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