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Do You Know the Single Most Important Leadership Trait?

The Business Mechanic Podcast with Vaughn Sigmon

Release Date: 04/02/2023

Building Stronger Teams: The Importance of Employee Ownership and Breaking Free from 'That's Not My Job' show art Building Stronger Teams: The Importance of Employee Ownership and Breaking Free from 'That's Not My Job'

The Business Mechanic Podcast with Vaughn Sigmon

Welcome to another episode of the Business Mechanic Show! Today, we dive deep into the dynamics of building stronger teams by emphasizing the importance of employee ownership and addressing the all-too-common "That's not my job" mentality.   Episode Highlights: Understanding the 'It's Not My Job' Mentality: We explore how this mindset often stems from organizational management and leadership practices, rather than being solely an employee issue. Leaders have a crucial role in shaping the culture within an organization. The Role of Effective Leadership: Discussion on how leadership...

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Learn the Keys to Being a Great Leader Through Role Playing show art Learn the Keys to Being a Great Leader Through Role Playing

The Business Mechanic Podcast with Vaughn Sigmon

Welcome to another insightful episode of The Business Mechanic Show, where we delve into innovative strategies for leadership and management. Today, we're exploring the transformative power of role-playing in developing key leadership skills. Join us as we uncover how this dynamic method can help you become a more effective and confident leader.   Episode Highlights: Unleashing the Power of Role-playing: Discover how role-playing serves as a practical tool for leaders, offering a unique blend of practice, feedback, and confidence-building. It's not just an exercise, but a rehearsal for...

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How You Are Doing Your Annual Reviews All Wrong! Find a Better Way show art How You Are Doing Your Annual Reviews All Wrong! Find a Better Way

The Business Mechanic Podcast with Vaughn Sigmon

In today's insightful episode of The Business Mechanic Show, we delve deeply into the nuances of performance management strategies for leaders. Our host, Vaughn, illuminated key aspects of effective leadership, emphasizing the critical role of clear, consistent communication and the establishment of precise expectations and metrics for team performance.   Key Discussions: 1. Performance Management Foundations Emphasis on the necessity of frequent, clear communication. Strategy involves setting clear expectations and providing consistent feedback for team performance.  ...

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Unlocking the Power of Employee Recognition show art Unlocking the Power of Employee Recognition

The Business Mechanic Podcast with Vaughn Sigmon

Welcome to the Business Mechanic Show! In this episode, we delve into the pivotal role of employee recognition in fostering effective leadership and cultivating a people-first culture. Discover why a robust employee recognition program is essential in today's successful leadership landscape and how it drives engagement, productivity, and loyalty in the workplace.   Key Discussion Points: The Importance of Employee Recognition: Understanding how recognizing and valuing employees can lead to extraordinary commitment and performance.   Creating a Culture of Recognition: Strategies...

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How to Have a People First Mindset in Leadership show art How to Have a People First Mindset in Leadership

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 show art 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 show art The Accidental Managers: How Untrained Leadership Can Damage Companies

The Business Mechanic Podcast with Vaughn Sigmon

  Introduction: Discover the alarming trend of accidental managers - individuals thrust into leadership roles without proper training or qualifications. Explore how this lack of expertise is affecting teams and companies, with shocking statistics from the Chartered Management Institute and insightful analysis.   Section 1: The Startling Reality of Accidental Managers Dive into the data: 82% of managers have little to no training, affecting one in four in the workforce. Explore the root cause: Uncover why so many are unprepared and the crucial transition needed from employee to...

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The Declining Allure Of Becoming a Manager: Why So Few Want To Manage show art The Declining Allure Of Becoming a Manager: Why So Few Want To Manage

The Business Mechanic Podcast with Vaughn Sigmon

Welcome, listeners, to another insightful episode of the Business Mechanic Podcast. In today's episode, we dive deep into the changing dynamics of the corporate world, examining why the traditional management role seems to be losing its allure and what businesses can do to address this shift.   Episode Highlights: The Management Conundrum: A survey reveals that only 38% aspire to become a manager. Trust in leadership dwindling post-pandemic. The rising influence of individual contributors in sectors like tech. The evolving priorities towards mental well-being, family time, and a...

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Lessons in Critical Thinking from Corporate Triumphs and Tragedies show art Lessons in Critical Thinking from Corporate Triumphs and Tragedies

The Business Mechanic Podcast with Vaughn Sigmon

  Welcome to another enlightening episode of The Business Mechanic Show. Today, we dive into the intricacies of critical thinking, examining how it has played a role in both the triumphs and downfalls of corporations. Stay tuned as we unpack riveting corporate stories and derive lessons for business leaders and enthusiasts alike.    Episode Highlights: 1. Introduction to Critical Thinking Defining critical thinking: More than just gathering information. The importance of understanding and interpreting data in various contexts.   2. Historical Context: Philosophical...

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Critical Thinking Skills For Improved Leadership show art Critical Thinking Skills For Improved Leadership

The Business Mechanic Podcast with Vaughn Sigmon

  Welcome to the Business Mechanic podcast, where we break down the intricacies of leadership and the tools you need to elevate your business. Today, we're diving deep into a skill that's crucial for leaders: Critical Thinking.   Episode Highlights: Introduction to Critical Thinking: Its importance in leadership today. The detrimental impact of poor critical thinking.   Historical Lens: The cautionary tale of Circuit City's fall. Insights from Jim Collins and the vital lessons for businesses today.   A Guide to Effective Critical Thinking: The Who, What, Where,...

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Do you know what the single most important leadership trait is? During the C-Suite and Sour podcast powered by Align, I share my views and experiences on this vital subject. Phillip Kushmaro,  VP of Growth Marketing, Align Join us for EP 9 as we sit down and discuss all things leadership – from how leaders can get hiring right by focusing on candidates’ competencies rather than experience to the importance of balancing management with leadership in running a team.

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Why do 90% of businesses fail?

One thing that I've always touched on in my experience, whenever I talked about, whenever I talked to people, is 90% of businesses just fail. I was wondering why you believe that is one of the reasons and how can we. You know, I love that question and absolutely true. Most businesses fail to make it past three years, right?

I've seen lots of businesses fail. We all have. And if you dissect that, you, you kind of reimagine re-engineer from the beginning to where they failed. 

People, product process, and you can have a great process and a great product, but if you don't have great people, you're gonna fail. You're gonna struggle. Uh, you can have great people, and you can have a great product, but if you don't have a great process to deliver it, You're gonna fail. It's putting those three things together that create the success of an organization.

But very often, business owners don't know what they don't know, and they go into it with dreams and ideas and opinions Maybe. Bad advice from their cousin Eddie. Uh, you know, we are cousin Eddie, don't we? he's a villain and thinks he's really smart, but may not be.

And those aren't always the best decisions. And, if the business owner really wants to be successful, they need to surround themselves With Great People. However bright most entrepreneurs are, many if not most, have no experience or skill in hiring and choosing the right people to surround themselves with. They very often make the mistake of hiring experience instead of hiring the best person for the job. They must learn to hire using a behavioral interview process, not the old, worn out and ineffective interview process. Learn to interview to be successful.

I've never, in a 40-year career, fired somebody because of their experience, and nobody has.

Your fire them for everything else. How do you discover if you should hire a person or not? 

 

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