Who is Running Your Business if You’re Not by Melvin Feller MA

Who is Running Your Business if You’re Not by Melvin Feller MA
We all like to believe that we are in complete control of our companies and businesses. However, sometimes we are not as in control as we would like to be. Without understanding it you can be giving up power to others. When this happens, others are determining the direction of your business.
Informal leaders in your organization can be the most dangerous — they become dangerous when you do not take control from them. According to the Melvin Feller Business Group, “…if informal leaders do not support the formal leaders and their agendas and vision, they can function as barriers in the organization.”

There are times when informal leaders are good for an organization. They do not have official authority but they are usually steadfast to the success of the company and others follow their lead. A negative informal leader is someone who doesn’t believe in the policy decisions of the business so they do not follow them, as well as promoting negativity.
Unfortunately, these folks gain traction because leadership doesn’t address them. The primary reason is that leadership is either adversarial to conflict, or is intimidated by the employee, or is fearful the employee will quit. The damage and strife that these people do is far worse than any of these scenarios.
You can’t reach your goals if you have an employee who isn’t following the plan and performing the functions necessary to meet the goals. The negative influence this employee can have on the other employees can be devastating. One way these manifests is that those more professional employees will still do what is expected of them but they won’t be happy. Moreover, their respect for the leadership will wane. This can cause tension, or worse — the good people might leave.

The other possibility is that the other employees will stop doing their part as well. After all, if Jane doesn’t have to do it, why should I? Now Jane is effectively running the business because others are impacted by her behavior more than they are impacted by the decisions of the leadership.

Business leadership must decide what matters most — success or avoidance of conflict. Leaders have an obligation to the business, themselves, other employees and to the community to make sure everyone is doing their part and that everyone embraces the company’s culture. If the choices are designed to move the company forward then they have to be followed by everyone — no exceptions.
Outside influences can impact the success of an organization as well, two main ones are clients and vendors.

Clients

If your client is not providing you the information you need to do a successful job for them, but you proceed anyway, they are in control of your company. This mainly occurs when they extend the limitations of the scope of work and you let them, you have now lost control.

Clients are a vital part of any business success. They cannot, however, make decisions that negatively impact your company and still be considered good business. The time you spend trying to keep them happy is time you aren’t spending working with good clients or marketing for more clients.
When you spend time doing things that are in direct conflict with your business goals and vision, your focus has shifted and the client has now taken over. You have an obligation to all of your clients to maintain your policies and procedures, scope of work, pricing platforms, and performance expectations.

Vendors

Sometimes vendors make decisions that can have a negative impact on your business. They can change pricing unexpectedly, fail to deliver in a timely fashion, change the terms of the relationship. Any one of these behaviors can harm your ability to move forward with your business success.
Make sure you maintain clarity in your relationships with your vendors. Contracts are truly valuable here as they spell out the expectations on both sides. It is always a good idea to shop the products and services you need in your business periodically to be sure you are in the best possible relationship. Getting complacent is an easy way to allow your vendor to take control of your business.

I don’t think any business owner knowingly or intentionally turns control over to someone else. That’s part of the reason this is so dangerous. If you aren’t paying attention to the behaviors of others you may find yourself in a position where you’ve lost control. Unless those people have the same goals, vision, and commitment to the success of your organization, you will not be able to realize business success.
Location: Texas, USA

Comments

Post a Comment

Popular posts from this blog

Ways to Build Your Social Network as Defined by Melvin Feller MA

Image
  Melvin Feller Shows Ways to Build Your Social Network. Melvin Feller is the managing partner and Founder of Melvin Feller Business Group. Founded over 30 years ago, it started as small business development group but has now expanded to a worldwide organization. They develop and do grant writing, business plans and start up business design from the ground up. They are especially involved in minority and veteran businesses and endeavors. They also offer life coaching. Melvin Feller Business Group currently has offices in Dallas and Oklahoma City. Melvin Feller is also an adjunct instructor on a plethora of subjects. One of Mel v in Feller’s favorite motto is: “I will always try my best at what I do. I am not perfect and I have made mistakes. I will always own my mistakes and not pass the buck. However, I refuse to be defined by last mistake. Life is to short not to stand back up and damn the torpedoes and learn from those mistakes.” This was instilled in my Navy Reserv...
Read more

Wealth Planning Using Foreclosure- The Melvin Feller Way

Image
According to Melvin Feller MA buying foreclosures is not as easy as most people think, and there is absolutely no one better way” to buy foreclosures. Melvin Feller is President of Melvin Feller Business Group in Oklahoma and Texas and a thirty-year veteran investing in foreclosure properties. He loves Texas Real Estate and Thinks Texas is must have part of any one’s wealth strategy! He has spent his entire professional life in business and real estate. The key to any “profitab l e purchase” is find a truly motivated seller. Someone who wants cash more than they want to keep their house or someone who wants to sell you their home more than you want to buy it. Once you have a motivated seller, you are more than half way to your goal of buying a house below market value. So, I’ll illustrate three ways to buy foreclosures. Which of these is the best? Well, again, it’s up to you to decide. I’ll just lay the basic foundation and then you can determine which option is the best...
Read more

Melvin Feller MA Asks Is Clutter Keeping You from Being Successful?

Image
  Melvin Feller is an experienced entrepreneur and former executive, so he speaks from experience, as well as years of his own personal and professional development.   Melvin Feller is also an online Business educator who loves to teach all aspects of business. Melvin Feller’s clients hire him for his depth of business knowledge to motivate, educate and inspire aspiring and current executive leaders to achieve a higher level of success, professionally and personally. Melvin Feller aligns leaders to the vision and future of the organization, supports them in the execution of key strategies and tactics to move initiatives forward and helps them build capabilities to transform culture. Melvin Feller deals with a lot of clients that are dealing with clutter.   Therefore, they know that the clutter is an issue in their production and business.   Now you might be asking, what is clutter and why should I care about it? Clutter is essentially anything you don't need, don...
Read more