How do we get our middle
managers back into a growth mindset?
Great summary and very consistent with the tenets of MDG.
Start with a
portfolio view. Every business has
some activities that keep its core operations healthy. Those should be job #1, as if the core isn’t
working well nothing else will either.
You can’t launch a new business on a shaky foundation. But, just working on the core, in a transient
advantage context can really get you into trouble when an old advantage fades
away. So you need a few projects that
have the potential to be a big part of your next core business. My buddy Geoffrey Moore calls these H2
projects, but whatever you call them there need to be some in your
portfolio. Finally, you have what I call
options, which are small investments you’re making today to buy you the right to make more substantial
investments in the future. People need
to understand what part of the portfolio they are responsible for driving. Further, you need to make a critical
distinction between low-uncertainty and high-uncertainty contexts. The options are high-uncertainty situations
and need to be managed with a different set of disciplines, emphasizing
discovery and experimentation.
Make your growth
goals clear. People are much better at seeing how they can make a
transition to a new way of working if this is connected to a clear and
measurable set of outcomes. “Gain market
share in Europe” is a lot less clear than “Add at least 2 new customers,
increase the number of services our existing customers buy by 25% and increase
the total number of inquiries we receive by 20%”. People can see far more clearly what to do if
they understand the levers you are trying to push.
Align incentives.
You’re never going to drive a growth mindset with incentives oriented toward
cost-cutting and hunkering down.
Get smarter. It’s a funny thing – for almost every other
practice in a company, there is recognition that you need to learn the right
practices and develop the right capabilities to reliably accomplish a goal. Yet
when it comes to growth – particularly
innovation-led organic growth – companies very often start from scratch as
though it had never been done before.
Start small,
experiment, and learn from intelligent failures. All too often, growth programs are announced
with great fanfare and much enthusiasm but wither under the weight of later
disappointments. To get started, find a
few opportunities that would allow your people to practice the new behaviors
you are trying to encourage
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