How to Help Superstar Employees Fulfill Their Potential
The Business Mechanic Podcast with Vaughn Sigmon
Release Date: 03/14/2023
Learn the Keys to Being a Great Leader Through Role Playing
The Business Mechanic Podcast with Vaughn Sigmon
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The Business Mechanic Podcast with Vaughn Sigmon
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The Business Mechanic Podcast with Vaughn Sigmon
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The Business Mechanic Podcast with Vaughn Sigmon
Welcome to The Business Mechanic Show – your go-to hub for insights and tips on building a thriving company from the inside out. Today, we’re shifting gears to focus on the core of every successful business: its people. As your host and a CEO who's navigated the peaks and valleys of the corporate landscape, I’m here to share why a People-First Mindset isn't just a good idea; it's the key to driving your company forward. So buckle up, let’s dive into the mechanics of what truly powers a company: its team. People-First Insights: Building a successful company means playing the...
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How to Assess the Impact of Your Leadership: From Activities to Achievements
The Business Mechanic Podcast with Vaughn Sigmon
Welcome back to another episode of the Business Mechanic Show! Today, we delve deep into understanding the true essence of leadership and how to assess if your leadership actions are culminating in measurable accomplishments. Stay with us as we navigate from activities to achievements with practical examples and an inspiring real-life case study. Episode Highlights: Leadership Activities vs. Achievements: Activities: Initiatives leaders take on, e.g., mentoring teams. Achievements: Measurable results from these actions. Leadership Activities that Lead to Success: ...
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The Accidental Managers: How Untrained Leadership Can Damage Companies
The Business Mechanic Podcast with Vaughn Sigmon
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The Business Mechanic Podcast with Vaughn Sigmon
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The Business Mechanic Podcast with Vaughn Sigmon
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The Business Mechanic Podcast with Vaughn Sigmon
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It's What You Tolerate Not What You Preach
The Business Mechanic Podcast with Vaughn Sigmon
Summary: In this insightful episode of The Business Mechanic Podcast, Vaughn Sigmon delves deep into the crux of effective leadership— setting clear expectations, ensuring accountability, and promoting a culture of continuous improvement. He illuminates the pitfalls of accepting subpar performance, highlights the role of mentoring and collaboration, and sheds light on transformative leadership strategies that can lead a struggling team to success. Episode Highlights: Setting Expectations and Accountability Leaders must set clear expectations and assume responsibility for outcomes....
info_outlineDo you have a superstar employee who is capable of great things but are not sure they are capable of being a good leader? What actions do you need to take to find out and make a solid bet on the future? What do you need to start developing them? In this podcast, we share all the tips for helping your superstar employees fulfill their potential.
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What do high-potential employees describe as their core challenges? And what areas of development must they address as they climb the career ladder?
We will explore how to recognize and nurture high-potential employees, analyzing the best leadership practices and management approaches necessary for success. Join us as we uncover what makes good leaders great!
We will share insights based on our experience and study on what they need to support their growth. These insights will help determine how executives, business owners and managers can assist their fast-track employees in reaching their full potential and also how they can help shape the design and implementation of leadership development programs.
Key Challenges Facing High Potential
Over the course of nearly 30 years, the potential of our program has been consistently identified as five consistent leadership challenges:
· Leading teams
· Leading change
· Leadership style
· Leading at scale
· Driving business results
Use DISC to confirm that a high-potential employee is a good fit for a leadership role.
Use objectivity to determine if your gut is right for your high-potential employee. DISC can be a valuable tool for confirming that a high-potential employee is a good fit for a leadership role.
Moving up to leadership roles at higher levels is a process that requires six core abilities, according to managers we have in our database:
· How to Hire Great People
· How to be an Inspiring Leader
· Strategic Leadership
· Effective Communication Skills, including How To Have Difficult Conversations.
· How to Train and Develop Their Team
· Time Management
Examine High Potentials for Specific Abilities to Help Them Develop
Many high potentials have had experience in managing tiny teams. Their next move will likely be to lead larger teams. This next step is where I see many struggles. When high-potentials move up to leadership at a higher level and scale, they must establish the conditions to allow the team to function efficiently without their presence.
Every business has superstars - employees who continually outdo themselves, provide impressive results, and possess the capacity to do extraordinary things. But, despite their talents and capabilities, most of them may become unmotivated, bored and eventually disengaged when their potential isn't fully realized.
As a leader, you have the responsibility and need to ensure your superstars receive the opportunities and support they require to achieve their potential.
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