..................................."Promise Culture"................................... Purpose - Passion - Promise - People - Plan - Performance - Progress - Preservation

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What is Purpose?

November 30, 2017

ISSN# 1545-2646

What is Purpose?

Some weeks ago we discussed the vision, purpose and core values of running your business. We discussed vision as the road map, purpose as the guiding light and core values as the guard rails that keep you on the path.  Since then a few questions have come my way with respect to this “purpose” thing which is now getting more discussion in the marketplace.

Generations of newer employees are and have been entering the marketplace with views of how they believe things should be run. This is nothing new.  When the war heroes of the past world wars (traditionalist) were the majority of business leaders and the baby boomers entered the marketplace they brought with them different views than prior generations. They wanted to run things differently and the landscape of commerce in USA was pushing forward at rapid rates.  Civil rights changes, technology, sprawling urban cities and wage improvements all contributed to new ways of building businesses.

With this growth came more improvements and the desire for “boomers” to provide even a better life style for their next generations. This rapid upward spiral became so intense that this fundamental purpose of providing better for their family ultimately evolved into what the media labeled as greed. This same greed is what afforded the future generations to not just be provided with so many creature comforts, but to give them the option to not fully appreciate or understand the original purpose of the prior generations.

For a cycle of time between the latter end of the boomers and the early stages of millennials, purpose was hardly even a topic in the business arena. It tended to be relegated to select smaller groups of people seeking a greater non business cause.

So with much of the economic stage fairly stable for long periods of time (yes there were ups and downs) and basic living expenses covered, the newer and forthcoming generations are reintroducing purpose as a place to land on when looking for internal satisfaction.  They are not so focused on providing for future generations as they are more focused on themselves.  So purpose or what makes up purpose for these upcoming generations is again different than purpose of past generations. Their purpose is shaped by the behaviors and experiences of their journey along the path to adulthood.

Oddly, when upcoming generations are asked this question about “What is their purpose?” many struggle to even fully think or comprehend the broader and more significant realm of the concept of real purpose.  They sometimes latch onto purpose as it being anything other than previous generations felt it was to be.

The large challenge for business owners and leaders is not with the confusion about purpose but that not all next generation people are in the same box.  It is almost like there are two different camps of current and future team members.  One portion is very focused and gets their purpose, their direction, their opportunity to contribute and be acknowledged to feed their self recognition.  The other portion flounders about seeking to be part of some group recognition and then attach that “movement” to themselves.  Both want and need to feed that “self” gratification but achieve it differently.

For owners you need to identify what your business can provide to one or both groups and then align your team members around what you can and do provide.

This week, as we move into the end of the calendar year and holiday season, take some time to more fully understand your purpose, your business’s purpose and what embodies those elements in your company to attract and align the best talent in the marketplace.

Do you know your purpose? Call JKL Associates at (313) 527-7945 and let’s discuss.

QUESTIONS OR COMMENTS – EMAIL US AT PARTNERS@JKLASSOCIATES.COM OR CALL OUR OFFICE AT (313) 527-7945

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COPYRIGHT – JKL ASSOCIATES 2017

Posted in Assessments, Business Builder, JKLAssociates, Perpetuation, Promise Culture, Purpose, Talent Engagement, Transition, Vision

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Happy Thanksgiving from Your Partner in Progress!

November 22, 2017

ISSN# 1545-2646

 

Happy Thanksgiving from Your Partner in Progress!

At this time of year, Your Partner in Progress – JKL Associates, wishes you, your business, your family and all the families of your staff and clients the happiest of Thanksgivings.

All year long we silently and outwardly acknowledge others efforts and contributions.  It is a year round behavior of giving thanks for the bounty we are blessed to receive and participate in.

During this special Thanksgiving holiday tomorrow, take some time as you gather with family and friends to openly and overtly thank them for all of their silent support given without request but with meaningful intention.

At JKL Associates, we genuinely thank each of you for your continued confidence and support in helping you and your team be the best you can be.

QUESTIONS OR COMMENTS – EMAIL US AT PARTNERS@JKLASSOCIATES.COM OR CALL OUR OFFICE AT (313) 527-7945

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COPYRIGHT – JKL ASSOCIATES 2017

Posted in Assessments, Business Builder, JKLAssociates, Perpetuation, Promise Culture, Purpose, Talent Engagement, Transition, Vision

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Are your 2018 plans in order?

November 16, 2017

ISSN# 1545-2646

Are your 2018 plans in order?

 

 

Next week is Thanksgiving.  This starts the unofficial transition to the end of the calendar year and starts a sense of urgency to bring 2017 projects and objectives to completion. Sales targets can either be surpassed or fall short. Operational improvements can be launched or missed being completed putting off better efficiencies into next year.

While all of this end of year business energy takes place, there is also the increase in distractions from holiday activities. It is great that these holiday festivities are worked into the business. It allows for staff along with their families to enjoy this time of year. It is also important that these important holiday activities are aligned with remaining committed to the overall performance and business objectives.

For leaders it means the focusing on bringing 2017 to a positive close and launching 2018 with momentum. This transition is critical to each of these years performance.  Your plan for 2017 is all but frozen and the objective is delivering on those goals.  Your plan for 2018 should be well defined and beginning to solidify so that your energies are on closing out 2017 and not being spread too thin while still having to craft 2018 on the fly.

This coming week prior to the holiday, set aside about 30 minutes to revisit and firm up 2018.  It is easy to say that you will have time after Thanksgiving to get to it.  Unfortunately, for many leaders, upon arriving back the week after the holiday, your attention will be focused on the end of 2017. Therefore the time to package 2018 objectives, plans, goals and strategies becomes all the more important to lock in place sooner rather than later.

A little behind on your 2018 plan or need a solid review of your plan? Call JKL Associates at (313) 527-7945 for some insights which can enable greater success.

QUESTIONS OR COMMENTS – EMAIL US AT PARTNERS@JKLASSOCIATES.COM OR CALL OUR OFFICE AT (313) 527-7945

BECOME A FAN ON FACEBOOK ? WWW.FACEBOOK.COM/JKLASSOCIATES

LINK UP ON LINKEDIN ? WWW.LINKEDIN.COM/IN/JKLASSOCIATES

FOLLOW US ON TWITTER ? WWW.TWITTER.COM/@JKLASSOCIATES

COPYRIGHT – JKL ASSOCIATES 2017

Posted in Assessments, Business Builder, JKLAssociates, Perpetuation, Promise Culture, Purpose, Talent Engagement, Transition, Vision

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No need to walk the road alone

November 9, 2017

ISSN# 1545-2646

 

No need to walk the road alone

In today’s ever changing landscape of business, leaders need to expand their center of influence.  Yes, this helps in gaining business transaction (sales) but equally if not more important is the circle of trusted advisors you engage in the growth and development of your business.

Who are these resources to walk the path of ownership and leadership with you and your business?

The size, place along the life of the business and complexities of your business and industry will have influence on these resources. In some cases, these advisors are internal resources while in other cases these are third party to your payroll. Without them, it can be the difference between growth or stagnation. Some of your Trusted Advisory Council (TAC) are pretty straight forward. Most businesses enlist the support of a book keeper/accountant/CPA. A good portion of businesses also have some legal support which is typically outsourced. Some leaders have business managers/coaches while others participate in industry groups and forums as a source of input and direction.

This week take a look at your Trusted Advisory Council (TAC).  No differently than doing reviews of your staff, you need to look at the relationship path with your advisors.  Are they contributing to your company’s purpose, passion and vision?  Are they growing their skill set to bring more value back to your business?  Have you outgrown their bandwidth – ability to provide the level of support you need?

This is not to suggest that the developed relationship you have with your advisors should be cast aside and bring in a new group of people.  No, this is completely contrary to that perspective.  You have already made an investment into the current relationship.  You know them and they know you which is very valuable.  What this does mean is that you need to look at the short and long term deliverable of the relationship. Is the particular advisor skilled to provide the level of support and insights at your future growth objectives?  Is your advisor nearing retirement? Will your account will be passed along or sold to a new advisor?  As you groom your business to become a more complete asset in your financial portfolio, do you need a different profile of advisors so you can protect your business and set it up to navigate tax implications for your estate?

Take some time this week to make a list of your advisors and schedule a meeting with each of them to review your relationship.  You don’t have to walk alone down the path of building your business but you do have to engage the best resources to assist you along the way.

Need help in your advisors review? Call JKL Associates at (313) 527-7945 and engage us to be a long-term business manger to keep you focused and on track to enhance your financial portfolio.

QUESTIONS OR COMMENTS – EMAIL US AT PARTNERS@JKLASSOCIATES.COM OR CALL OUR OFFICE AT (313) 527-7945

BECOME A FAN ON FACEBOOK ? WWW.FACEBOOK.COM/JKLASSOCIATES

LINK UP ON LINKEDIN ? WWW.LINKEDIN.COM/IN/JKLASSOCIATES

FOLLOW US ON TWITTER ? WWW.TWITTER.COM/@JKLASSOCIATES

COPYRIGHT – JKL ASSOCIATES 2017

Posted in Assessments, Business Builder, JKLAssociates, Perpetuation, Promise Culture, Purpose, Talent Engagement, Transition, Vision

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From the present and into the future

November 2, 2017

ISSN# 1545-2646

 

From the present and into the future

As JKL Associates moves forward beyond our 25 plus years in serving our clients, we to must change, grow and improve.  Our purpose of “Transforming lives through building companies by operationalizing their purpose on a cultural framework where a “Promise” means something!” affirms who we are and what we commit to delivering to our clients.

In that commitment we have updated our website and invite you to spend your next 3 minutes to look at the brand of “JKL Associates.”  We thank our many clients, who over the years have honored us with the opportunity to assist them in their business quest.  Take a moment to review some of their thoughts on our website under the menu item “Why Clients Engage JKL Associates.”

Today, we move our Business & Talent Builder weekly newsletter/blog to its rightful location on our website under the menu item “3 Minute Weekly Insights.”  You will now be able to visit as you have time or direct others to our site to gain weekly insights into the progress and overcoming the setbacks of owning and operating a successful business.

We look forward to your feedback on our website and encourage to send us business situations you would like to see us explore in future “3 Minute Weekly Insights” articles.

As always, feel free to call JKL Associates at (313) 527-7945 or drop us an email at partners@jklassociates.com.

QUESTIONS OR COMMENTS – EMAIL US AT PARTNERS@JKLASSOCIATES.COM OR CALL OUR OFFICE AT (313) 527-7945

BECOME A FAN ON FACEBOOK ? WWW.FACEBOOK.COM/JKLASSOCIATES

LINK UP ON LINKEDIN ? WWW.LINKEDIN.COM/IN/JKLASSOCIATES

FOLLOW US ON TWITTER ? WWW.TWITTER.COM/@JKLASSOCIATES

COPYRIGHT – JKL ASSOCIATES 2017

Posted in Assessments, Business Builder, JKLAssociates, Perpetuation, Promise Culture, Purpose, Talent Engagement, Transition, Vision

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