Are you committed to your success? Here are our top 5 things every rating company (or any company) should do!
1. Have Goals
If you don’t have any goals, you surely won’t achieve them.
This is a play on Yogi Berra’s famous, “If you don’t know where you are going, you will wind up somewhere else.” But think about it. Most businesses don’t have a clearly defined set of goals. If they do, they may be too lofty (i.e. is it a mission or is it a goal?). They may not refine them as they are reached or as the world shifts around them. Imagine a horseshoe manufacturer around the time that “horseless” carriages started to take off. Think they needed to adjust their goals or even the entire business model?
2. Be Accountable to Someone
Please, someone, anyone! If everyone in your organization isn’t accountable to someone, then they are accountable to no one. That goes most of all for you if you’re the leader. Most of us that have the mantle of leadership might say that we are accountable to everyone in the organization. That’s true, sort of. But who above you are you accountable to? Who is your trusted advisor, who will truly hold your feet to the fire?
3. Know Where You are as a Business
Every business has a lifecycle. There are a number of great books that include discussions about this. The venerable E-Myth is one and not as well-known is one called Navigating the Growth Curve. As you guide your organization through its lifecycle, it is critical to know where you are and what’s coming around the bend. The great news is that you aren’t alone, many have blazed the same path!
4. Know Your Strengths and Weaknesses
One of the great temptations in life, especially as a type A personality is to try to work on your weaknesses. As a business leader, it’s a mistake to focus on your weaknesses instead of playing to your strengths. If you are a natural cheerleader, play to that. If you are naturally process driven, go there. Hire the things that you suck at.
5. Start with Plan A
You don’t really need a Plan B if you don’t have a Plan A. Too many organizations don’t even have a Plan A. If you don’t have one, build one. Go ahead, I’ll wait… just kidding, but if you don’t have a plan, you need to start developing one. Again, there are myriad books, articles and other references including mentors and coaches to help you work on this key area of business success. Another great thing! – you get to refine the plan over and over, so your work in learning how to do this will serve you in the future.
EnergyLogic is committed to helping our partners succeed in business. Our newest HERS Provider service is called Premium Provider. Part of the package for Premium Provider is business coaching and mentoring. All of the points above are part of the work we can do together. As with many things that we believe in, if you don’t work with us on these things, work with someone, it’s critical to your success.