THE HIDDEN CRISIS HITTING


COMPANIES ACROSS THE GLOBE


By Deberah Bringelson

Fast Facts

  • Globally, C-level executives say demand for better leaders at all levels is the number 2 threat to business stability and growth, rising 32 percent over previous years.
  • Only 6% of executives believe they have what it takes to solve the leadership gap and only 10% have faith in their succession programs.
  • Bad and untrained leaders destroy your team, profitability and potentially your company.
  • Harvard recently reported that bad bosses negate other investments.
  • 70% of employees are not engaged in their work - 70% of those cite bad managers as the reason.
  • Companies with low engagement report 25% higher turnover, 28% more thefts, 41% more safety incidents and 22% lower profits.
  • Disgruntled, disruptive, low performers fill the leadership gap and take your company in the wrong direction.
  • Companies fail to choose the candidate with the right talent for the job 82% of the time.
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Deberah Bringelson

One Of The Most Profit Producing Business Growth and Empowerment Experts In The World, Deberah uses Quantum Mechanics to help C-Levels, Entrepreneurs, and companies across the Globe have More Money! Less Stress! and a lot More Fun! 

Best known for negotiating the deal with Richard Branson and Arnold Schwarzeneggerworth more than $300 Million in annual revenuesDeberah Bringelson is one of the most profit-producing business growth and empowerment experts in the worldShe teaches audiences around the globe to achieve their own Life Mastery, using the combined forces of the...

 

The Power of 3

Deberah's proven formula has created extraordinary results: 3,549% growth, $602 million growth in 12 months.

It is through the combined forces of the Power of 3 that people from the U.S. to Europe, India, Dubai, and Africa have begun living lives of ease, joy, abundance and fun, taking their businesses and lives from mundane to Mastery and ordinary to Extraordinary!

“Companies are struggling ... and the data suggests that they are making little or no progress.”[i]

At the helm of the most successful companies are leaders with both vision and ability to lead their teams to overcome challenges, move past setbacks and ultimately create success. However, for most companies, leadership stops at or near the CEO.

Globally, C-level executives identify increasing demand for new and better leaders at all levels of their company as the number 2 threat to business stability and growth, rising 32 percent over previous years.  However, only 6 percent of executives believe they have what it takes to solve the leadership gap and only 10 percent have faith in their succession programs.  And when it comes to growing Millennial leaders, that confidence drops from 10% to a mere 7 percent.[ii]

 
 
Leadership is the ultimate advantage.

- Anthony Robbins

 

 

Unfortunately, most managers, supervisors, VPs, etc. are “rewarded” with their positions because of “scoring a big deal”, loyalty to the company or passage of time.  Real leadership training has been inadequate or non-existent. While they may dress the part and hold the office, they are not prepared or qualified to actually lead; often causing more frustration and problems than they solve. As we discuss later, that is when the real trouble begins.

 

Lack Of Leadership Skill Is Destructive 

“Name only” leaders, unprepared for the task, experience tremendous overwhelm and stress. And one thing that definitely trickles down: stress! Paralysis, an inability to take action or “smart” action, and a need to ‘take’ credit from others, are all flashing warning signs of the unprepared and overwhelmed “name only” leader.  Overwhelm plus low or no skill destroys your team, profitability and potentially your company.

 

What’s It Costing You?

A recent Harvard Business Review report found that bad bosses negate other investments, while good bosses, have the opposite effect.

 

Good Bosses Lead Employees to Increase Revenue:
And, many studies show, there’s a strong correlation between
employee engagement, customer satisfaction, and revenue.

- Harvard Business Review

 

 

This bears out in a recent Gallup study which found that 70 percent of U.S. employees are not engaged in their work and 70 percent of those cite bad managers as the reason; resulting in an annual hit to the U.S. economy of $398 billion.[iii]  Companies in the bottom quartile for engagement report 25 percent higher turnover, 28 percent more thefts, 41 percent more safety incidents and 22 percent lower profits.[iv] 

 

 Source:  Gallup News, How Employee Engagement Drives Growth

 

Leaders: Nature vs. Nurture

Not everyone is cut out to be a leader.  Keep those with skills or potential.  Replace the rest. Here are key questions to ask about your current leadership team and of any future promotions or hires:  Is this person really the right fit for the job that needs to be done? Are they or do they have the ability to be groomed into the next superstar manager or CEO?  And do they understand the need and can/will they groom the next wave of leaders to take their place when the time is right?

 

Companies fail to choose the candidate
with the right talent for the job
82% of the time.[v]

 

Next:  What training, tools and development does each person actually need to create a corporate culture of intentional, sustainable and joyful growth? With the wave of millennials entering and soon to be dominating the workforce, starting now, this question and subsequent action plan will emerge as one of the biggest components of future sustainability and growth.

 

Here are just a few questions to ask.  Does s/he:

  • Truly understand and embrace the difference between being a team member and a leader?
  • Think strategically? Does s/he think like an employee, taking direction and doing a good job?  Or does s/he look for opportunities to think like a CEO, investing thought and time into the current and future health of the company, strategically solving problems and generating ideas, both personally and from the team?
  • Innovate for the good of the client?
    • Constantly looking for gaps in service?
    • Ask what the client needs or will potentially need in the next 6 months, year or more.
    • Ask at each step of the sales and service process: How can the clients’ experience be made better, easier, more satisfying?
    • Ask at each step of the service process: What service or product that we currently do not offer, will the client want or need next?
  • Innovate for the good of the team? A strong tribal culture creates greater happiness and success for both team members individually and for the company as a whole. The more team members feel they are a vital part of the company, the more they are inspired to invest themselves in the success of both clients and the company.  Win-win-win!  A great question to ask each manager or leader:  Do you know every team member’s (direct reports) currency?  And… Do you spend it?!  Do you?
  • Seek honest feedback from clients, colleagues, supervisors and team members. The best leaders aren’t afraid of feedback, they seek it out. They also know how to discern its value, knowing when to use it or discard it as appropriate.

i Global Human Capital Trends 2015: Leading in the new world of work https://documents.dupress.deloitte.com/HCTrends2015
ii Ibid.
iii Gallup News, How Employee Engagement Drives Growth. http://news.gallup.com/businessjournal/163130/employee-engagement-drives-growth.aspx
iv Ibid.
v Harvard Business Review. https://hbr.org/2014/03/why-good-managers-are-so-rare

Who are the REAL leaders in your company?

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