Tag Archive: values

Do You Live By Values Daily?

August 29th, 2018

We decided to participate in Executive Forums (an executive peer group) and Global Growth Cycle (a global consulting peer group) in order to stay up-to-date on what our clients need (sometimes even before they know they ‘need’ it).  After all, understanding what is successful as well as investing in our continual learning are important factors in long-term success.  

At a recent meetings of both groups, the importance of values arose.  Do you have values? And, more importantly, do you LIVE by values or are they just pasted on your wall (and ignored)?

Because we felt it was important for LMA Consulting to stand for something, we have codified our values.  As a part of our communication efforts, we are sharing them with our clients, colleagues, subcontractors, advisors and more.  Of course, we always welcome feedback and input.

To kick off, we have four core values that happen to start with ‘P’ (which we enjoy because of the alliteration):

 

PEOPLE

PASSION

 

 

 

 

 

 

PERSISTENCE

PERFORMANCE

 

 

 

 

 

 

LMA Values

  1. People – As we continually say (and believe), people are our #1 asset.  Our affiliations, LMA Associates, colleagues, clients and advisors fall into this category.  No matter how perfect the process or ideal the technology, it will not “work” without the people.
  2. Passion – It certainly makes life more interesting to enjoy what you do and have a passion for helping clients achieve bottom line results.  We find that success follows applied passion.
  3.  Persistence – No matter the topic in business (or life), persistence has been core to our success.  There is definitely truth to saying ‘persistence trumps talent’. Having both wouldn’t hurt but we’ll take persistence any day!
  4. Performance  – At the end of the day, keeping focused on delivering bottom line business results matters.  In our case, we deliver BOLD customer promises and profits!

Give your values some thought.  Start at square zero. Do you have them?  Do you agree with them? Do you ‘live’ them?  How about your team? Since this is a beneficial predecessor to setting strategy and ensuring results, it is worthwhile.  If you have questions or are thinking about how to get started, contact us .



What Is Company Culture?

June 1st, 2015
company culture change

Many executives can tell you precisely the company culture they want to have. However, creating that culture becomes increasingly difficult without communications, change agents and action.

I wholeheartedly agree with my consulting mentor Alan Weiss with how he defines culture – “It is that set of beliefs that governs behavior”.

Culture seems like such a mysterious topic and executives spend millions to try to create culture change and the like. Yet when you boil it down to the basics, it is really quite simple. What set of beliefs does your company run by? Where did they come from? Are they helping or hurting you?

When you look at culture with this viewpoint, it becomes easy to determine how to change your corporate culture; however, the devil is in the execution. For example, one of the companies I worked with merged with another. The strategy was “perfect” – great synergies and opportunities to leverage strengths. The vision was communicated effectively but fell apart in execution.  As I’ve heard Alan say about one of his clients, “Bill, do you believe what you read on the walls or what you hear in the halls?”  In this case, the set of beliefs and values that govern the day-to-day behavior were not modified.  Thus, the fabulous strategy could not occur as the former company philosophy prevailed.

Stay tuned for articles about how to change culture; however, to give you a few tips to stew on in the interim:  1) Communicate consistently, frequently and with different media.  2) Align communications with actions.  3) Find exemplars to lead the culture change.  Much of my consulting practice’s success is based upon these principles for the simple reason is that RESULTS FOLLOW.  And you have a happier work environment to boot.

Did you like this article? Continue reading on how to strengthen your Eagle Eye:

Lost in the Culture Change Maze? 4 Strategies to Succeed 

Are You Working on the Right Priorities?