You May Need an Executive Coach If...
Posted: November 11th,2007
- You want to turn your business over to your employees.
- Over the years, they have given it "all they've got".
- They have made you wealthy and you want to make them wealthy.
- You want to cut back your hours and enjoy your success while you still can.
- You want them take over the business, but you're not sure if they can keep it going without you.
- You are ready to take your business to another level.
- You are pretty successful but have reached a plateau.
- You feel you have pretty sound business practices and you have the key players in place, but...
- You are excited about your business.
- You do pretty well communicating with your employees, and they execute the plan.
- Your business has grown exponentially over the past several years:
- You are overworking some employees and under working others.
- You know you are wasting payroll dollars.
- You know you are not capitalizing on a temporary upward trend.
- The "honeymoon" with your business is over.
- You find lots of reasons to get away.
- You complain about being stressed out.
- When you're home, you're not really home.
- You play hooky during business hours.
- You resent your business because it's costing you in your home life.
- You tell yourself you need "balance" in your life.
- You make all the decisions, and...
- You spend 90% of your time dealing with emergencies.
- You have a plan, but when emergencies hit, the plan goes out the window.
- You have the same emergencies over and over.
- When you don't make the decisions, nothing gets done.
- If you don't do it, it doesn't get done.
- If you don't do it, it doesn't get done right.
- Middle management isn't effective:
- Your middle managers don't act unless directed by you.
- Your middle managers are fighting amongst themselves.
- Your departments aren't cooperating as a team.
- They are deliberately sabotaging each other and the customer is suffering.
- Your sales department isn't effective.
- They openly fight over leads- sometimes in front of the customer.
- They sell things you don't have.
- They promise things you can't deliver.
- They seem more concerned with their numbers than your customers.
- You are getting no referrals.
- You are wasting advertising dollars and you know it.
- Your sales people are "cherry picking" leads.
- Your partners and you don't get along.
- You resent one or more of your partners.
- You feel you are doing all the work.
- You feel you should be paid more than they are.
- You are considering selling your stock just to dissolve your partnership.
- You are considering forcing one or more of your partners out because you can't get along with them.
- You and they often make contradictory decisions, leaving your employees confused.
- Your employees have favorite "bosses" they go to, and your company is divided into different "camps".
- Your business has lost its focus.
- You are not serving your customers; you are chasing the numbers and your customers can tell.
- Your staff complains they work too hard, and you know they don't.
- Absenteeism, tardiness and turnover is high.
- Your staff doesn't respond during "crunch time".
- Your key employees are leaving or threatening to leave.
- Your meetings accomplish nothing.
- They turn into "gripe sessions" rather than being productive.
- Employees deliberately miss meetings.
- Employees are always late for meetings.
- Employees complain that nothing they say makes any difference anyway- and they are right.