We Sign Tomorrow – Inside A Tech Acquisition

We Sign Tomorrow? Inside a Tech Acquisition | A Paddle Documentary

In February, I met the team at Paddle to explore contributing to their acquisition of – and integration with – ProfitWell. It’s not common to be able to share much about the work we do in due diligence, organization design, and integration. This is an exception.

The team at Paddle (inclusive of ProfitWell) is amazing. I am very proud to work closely with the team, of the work that’s being done, and of the organization that’s developing! In their efforts to be the most helpful brand in SaaS, they filmed the journey to share their experiences as an insider’s view of a tech acquisition.

ChangeNerd Community Future of Work Podcast – How to Connect HR to Business Results

 

I was recently interviewed by Anil Saxena from the ChangeNerd Community Future of Work podcast to discuss ways to connect HR to business results.  Throughout the conversation we discuss the value of understanding the business and pain-points, understanding your customers and the value proposition HR needs to bring the business. 

For more information on the ChangeNerd Community visit http://www.changenerd.com.

Choose Service

When King Solomon died, his son Rehoboam became king of Israel. The people of his kingdom appealed for some relief from the heavy requirements  of them. The new king sought council of two groups, his wise elders and his peers. His elders told him if you will be a servant to these people and serve them and give them a favorable answer, they will respond in kind. His peers advised teach them a lesson and make your power known by telling them they have had it good and your requirements are much higher, like scorpions even.

I see plenty of evidence that leaders continue to seek similar council on how to lead.

While wise and wildly successful organizations like Southwest Airlines signal servant leadership and respected thought leaders like Jim Collins give us Level 5 Leadership, that’s not really how most of us have ever been led (especially when things aren’t going well) or what we see our peer group doing. Sure, it stands rational to align your service-value chain with how you operate and deliver value – leaders serving associates / organization members, who in turn serve external customers, who in turn chose your organization, fulfilling your organizations purpose and delivering value for stakeholders – but that’s not what my peers do. Do you know what they will think and say? And, being served has its perks. I have the power to…

Great leadership is delivered through individual choices to serve. Great organizations don’t exist without aligning leaders at all levels to make the choice to serve.

Choose service. Not to self-actualize and for virtuous altruism alone, but to deliver enduring value and effectiveness.

The survey results…you really don’t know what they mean

When you’re presented with survey results, do you know how to “read” them? Do you show a great “bias for action” and jump to action planning? Maybe you’re a great communicator and you promptly pull everyone together to explain how they responded and how the organization is reacting. Perhaps you’re skilled in data analysis, use SPSS, remind others that correlation doesn’t mean causation, etc. You likely know what the data is, but most of us can only speculate what it means.

A lesson I learned from Dr. Kathie Sorensen of The Coffman Organization is when you’re collecting information from a group of people to try to understand something of importance, it’s not smart to review data and then tell the organization what their responses mean. When working with Kathie, before leaders received survey results in a report, they were instructed to “Raise your right hand and repeat after me: I will not tell my team what their survey results mean.”

When measuring social factors – why people do what they do, make the choices they make, feel how they feel, believe what they believe – I’ve found it effective to follow a process to share what the results are and use questions to seek to understand in more detail what they mean from the people who provided the responses. I’ve never seen this process fail to drive improvement just through the process itself, independent of any action that comes from it. I’ve also, never seen a leader do this and not be surprised by how much they learn. It’s an exercise of empathy.

When Dr. Sorensen first delivered the “Raise your right hand…” message to our leaders, many of them struggled. They scoffed at the idea that they couldn’t interpret and plan actions against such simple surveys. The very idea of presenting a set of data – some of which wasn’t that positive about their leadership and the environment they were responsible for – and then asking for help with what it meant was threatening. Results come from action, not talking and deliberation, right? We were stuck until I presented an analogy to tip the group back to support by showing similarities to a concept they were more familiar with – a key investment the organization made in manufacturing – the condition monitoring systems.

Me: We’ve made some significant capital investments in condition monitoring systems for the plants right?

Leaders in group meeting: Yeah. Those systems keep our plants delivering the product we sell to make money. What does that have to do with these surveys.

Me: I think they’re similar.

Leaders (laughing): You do? How?

Me: How do the condition monitoring systems work? They don’t actually tell you what to do to the machinery, right?

Leaders: No, the condition monitoring systems measure things like temperature, vibration, and volume. When the machines are going to fault, there are changes in these factors that you can see leaving their normal levels well in advance of the machine failing. This allows us to plan maintenance or repair at a time that works best for us and not shut down production while product is scheduled to run and labor is on the clock.

Me: Exactly what we’re trying to do too. The survey results don’t tell you what the problem is. They tell that something is vibrating or hot and you should work to figure out what it is before it causes a system failure that will be expensive and uncomfortable.

Another analogy that may work better for you if you’re not in manufacturing is measuring your vitals (blood pressure, blood oxygen levels, pulse, weight, blood sugar, etc.) to monitor health.

Related posts:

What is Engagement, Really?

There’s no such thing as a great organization

There’s no such thing as a great company

There are great teams and not so great teams. The best companies are networks of great teams. When you look at organizations, there is a huge range in performance team by team by team. There are differences within high performing teams compared with underperforming teams. These differences impact not only business outcomes, but lead measures like the ability to attract and retain talent that create the valued product or service that customers trade money for.

In 1994, a HBR article titled Putting the Service-Profit Chain to Work (J. L. Heskett et al.) introduced a model that is widely referenced and used. This year, DDI published their DDI’s 2011 Global Leadership Forecast. In it, they illustrate an adapted version of this value chain based on their huge biannual leadership study. Integrating the two looks something like this:

I do this to illustrate a (simplified) sense of cause and effect. The best companies are made up of great teams. Great teams have high quality leadership that build a uniquely positive work environment / climate. This leadership and context supports team member engagement in work that allows them to contribute their strengths. While the local leader exists within a system – enabled or confined by talent systems and process, as well as the broader management culture – it is the leadership of the local manager that has the greatest impact on the engagement and performance of their team. While leaders are as much a product of this system as they are nodes within it, positive deviants exist and they make the most significant difference. Most team members’ knowledge of and beliefs about the organization are driven by how the organization is presented and exemplified through their local leader’s words and behavior.

Curt Coffman and his partner Kathie Sorensen have taught me a lot about how local managers drive engagement. Most engagement research consists of reporting data collected from a large sample of employees from a broad set of teams and organizations – how do a broad range of factors impact engagement. Coffman’s research surfaced drivers of engagement by finding the correlation between employee responses to questions and team performance. For example, while a question like, “I’m fairly compensated…” is a highly rated hygiene factor that individuals rate as highly influencing their level of discretionary effort and intent to stay, It’s important to everyone regardless of performance level. However the question “My manager really knows me” is rated significantly higher on high performing teams than low performing teams. This research shows that highly engaged teams delivering superior results are different and the key differences are under the control of and most influenced by the local leader.

Despite more than a decade campaign to refocus leaders on achieving greatness through allowing talent to contribute those things they are truly great at, we remain fixated on being “not-bad” by trying to put in what’s not there or improve what we are remedial at. Good is not the opposite of bad. It’s entirely different.

“We all have a vast number of areas in which we have no talent or skill and little chance of becoming even mediocre. In those areas a knowledge workers should not take on work, jobs and assignments. It takes far more energy to improve from incompetence to mediocrity than it takes to improve from first-rate performance to excellence.” ~ Peter F. Drucker

There’s no perfect job. The ideal for most people, when they are asked to describe it, is an enriched and empowered variation of what they are doing now.

SO WHAT?

Glad you asked. Leadership matters. How we feel about our contribution at work matters too. Focusing on these two things will make you and your organization more effective.

Leaders – Focus on leadership drivers of engagement. How would those you lead respond? Ask them?

  • What are the outcomes that you are accountable for?
  • Do you feel that you really know me? Is there anything you’d like to know?
  • Do you see additional opportunities where you could contribute your talents and abilities?
  • What’s the best (most meaningful) recognition you’ve ever received at work?
  • What are you doing when you’re doing what you’re best at?
  • Who was the best manager you’ve ever had? Tell me about what he or she did that you liked so much?
  • How do you feel you best add value to the organization?
  • What are the strongest teams in our organization? Tell me about the strongest team you’ve ever been a member of?
  • When have you grown most professionally in your career?

Each of us must better understand our strengths and use them more. This will serve our personal interests, benefit our organizations and the stakeholders we impact – family, community, etc.

What, in your experience, causes an organization to be seen as great?