Leadership Success Model

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At Velocity, we have been working on packaging the value we offer to entrepreneurial clients into a tangible model that can be easily understood and followed.  

The Issue
In our experience working with entrepreneurs, there are a few pain-points that seem to be consistent, and it is these areas that we seek to address with our clients.  Here are some of the common challenges that small business entrepreneurs and leaders are facing:

  • Personal:  Feelings of being overwhelmed, stuck in the weeds, and/or no life/work balance
  • Interpersonal:  Lack of defined vision and alignment among team, and not maximizing talent
  • Business:  Lack of strategic planning process, culture of accountability, and goal execution

In working with entrepreneurs specifically, we hear from them that they can’t get their employees to care as much about the business as they do.  More clearly, they believe that without the level of risk that the entrepreneur is taking, the desire to succeed is not the same.  

The challenge of work/life balance is shared among entrepreneurs and executives alike.   As a result, many leaders suffer from pendulum swings in both arenas in an effort to try to keep up at both work and at home.  Of course, this just means that the leader is not achieving maximum results in either area and is usually experiencing unhappiness or stress in both areas.

The Solution
The 5-Step process we call the Velocity Leadership Success Model can be summed up with the acronym S.O.L.V.E.

S:  Survey & Analyze
O:  Open & Aware
L:  Learn & Grow
V:  Visualize & Execute
E:  Experiment

Each step has a number of components which are described below.  The steps cascade with one flowing into the next, and evolve from a personal development phase to a business development phase.  Each pairing of steps constitutes a phase as described here:

S + O = Personal Development Phase
O + L = Leadership Development Phase
L + V = Team Development Phase
V + E = Business Development Phase
E + S = Development Renewal Cycle

The flow of each step and how the phases are laid out can be seen with this initial visual draft of the Velocity Leadership Success Model.  A full-size version is available if you click on this image.

VLSM

Personal Development Phase
The first two steps of Survey & Analyze and Open & Aware, or the Personal Development Phase, are the critical first steps that we take with the entrepreneur or business leader to get on solid ground before we charge off into any new business directions.  Often neglected and devalued, the Personal Development Phase affects all aspects of leadership and will ultimately define the business.  Equally important is the impact that this phase has on the personal happiness, well-being, and balance of the leader.  Skipping or rushing this step is a common and detrimental mistake many leaders make as the absence of self-understanding is often filled with stress, anxiety, anger, frustration, and poor performance.  Here are the components of each step:

Step 1:  Survey & Analyze

  • Complete the Velocity Leadership Intake Form
  • Begin initial weekly coaching sessions
  • Complete assigned Leadership Assessments:
    • Leader Life Review
    • Leader Strengths Survey
    • Leader Success Survey
    • Leader Values Assessment
    • Leader DiSC Assessment
    • Energy Leadership Index

Step 2:  Open & Aware

  • Develop Personal Core Values
  • Understand Signature Strengths
  • Increase Conscious Thought Monitoring
  • Build a Vision for Personal Growth
  • Develop Personal Leadership Goals
  • Analyze Desired Business Goals
  • Make a Commitment to Owning Outcomes

Leadership Development Phase
The second two steps of Open & Aware and Learn & Grow, or the Leadership Development Phase, is the time when the leader gets to exercise the skills learned in the Personal Development Phase by engaging his or her team to improve themselves.  Leadership can be defined in many ways, but one common description from many entrepreneurs is that true leadership allows others to believe in themselves so that they accomplish more than they ever thought was possible.  This is where the rubber meets the road between the leader and the rest of the team.  Here are the components of each step:

Step 2:  Open & Aware (see above)

Step 3:  Learn & Grow

  • Assess Team Members
    • Life Review Assessment
    • Strengths Assessment
    • Energy Leadership Index
    • DiSC Assessment
    • Professional Development
      • Understanding Interpersonal Communication Styles
      • Manipulating Personal Attitudes for Success
      • Improving Culture Through Communication, Accountability, and Focus
      • Individual Coaching for Team Members

Team Development Phase
The third pairing of steps consisting of Learn & Grow and Visualize & Execute, or the Team Development Phase, is the time when the leader engages the team beyond just personal development and includes them in the strategic planning process of the business.  Through a process of guided discovery, alignment, momentum, accountability and focus, the leader is able to create buy-in for company objectives that his or her team helps to create.  When a team is as invested in the success of the business as the leader, rapid growth is possible. Here are the components of each step:

Step 3:  Learn & Grow (see above)

Step 4:  Visualize & Execute

  • Professional Development for the Leader on the Topic of the Strategic Planning Process
  • Monthly Strategic Planning and Accountability Sessions
  • Weekly Pulse Checks with the leader by Phone
  • Creation of a One-Page Strategic Plan for the Quarter
  • Commitment from both the Leader and the Team to defined Meeting Rhythm
  • Build a Culture of Accountability that Drives Results

Business Development Phase
The fourth pairing of steps consisting of Visualize & Execute and Experiment, or the Business Development Phase, is the mature time of the planning process where the leader truly stops working in the business and starts working on the business.  Here, the leader can take a step back and see the whole forest (not just the tree blocking their view), and make strategic decisions about the direction of the business based on real data and live experience in the field.   Here are the components of each step:

Step 4:  Visualize & Execute (see above)

Step 5:  Experiment

  • Survey & Analyze Again to Determine Gaps in Performance
  • Determine What’s Working and What’s Not in the Quarterly Plans
  • Determine Who’s Working and Who’s Not and Build Plan for Next Steps
  • Provide Additional Professional Development to Address Culture or Skills
  • Provide Additional Coaching as needed for Team
  • Schedule Additional Quarterly Strategy Sessions

The Inspiring Speech Phenomenon
As a leader, have you ever attended a seminar or learning event where you heard an inspirational speech from another leader or entrepreneur where you walked thinking, “I need to immediately do that in my business!”?  And after getting back to the office and sharing your excitement, did you catch any of your team rolling their eyes?  And after a few weeks, did the “best idea you ever heard” lose its luster?  This is what we call the inspiring speech phenomenon.

By following a process that takes a leader from personal and leadership development to team and business development, we eliminate the inspiring speech phenomenon.  What you are left with instead is proven methods in the science of well-being, scientific assessment results, meaningful professional development curriculum, and the buy-in from your team on a strategic plan for your business.

 

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