Tag Archives: Customer Engagement

Listen to Terry Murray and Ravi Rao, M.D., Ph.D. Discuss the Importance of Emotions in the Workplace on Patricia Raskin’s Positive Business Show

I had the privilege of appearing on Patricia Raskin’s Positive Business Show last Friday afternoon where we were joined by Dr. Ravi Rao, author of “Emotional Business – Inspiring Human Connectedness to Grow Earnings and the Economy”.  Dr. Rao is a graduate of Johns Hopkins University and received his neurosurgery training at Harvard Medical School, brought his brilliant perspective to the conversation.

You’re welcome to listen to the podcast below!


© 2012, Terry Murray.

© 2012, Patricia Raskin.

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Terry Murray to be Recurring, Regular Guest on Patricia Raskin’s Positive Business® Show

I’m very excited to announce that I will be an ongoing, regular guest on Patricia Raskin’s Positive Business Show, starting this Friday.  On tomorrow’s program, we will be discussing how companies can leverage intrinsic goals and values in balance with traditional, extrinsic goals and values to engage and inspire today’s modern workforce.  The program will air live this Friday at 4:30 p.m., E.D.T., on both syndicated terrestrial radio stations and streaming via the internet (please click on Patricia Raskin’s Positive Business Show for more information).  You’re also invited to join in the conversation by calling (888) 345-0790!

Historically, companies have focused almost exclusively on leveraging extrinsic goals and values.  Things like money, image, and status are used to motivate employees.  Research demonstrates that people that are consumed with the pursuit of extrinsic goals are less happy and as a result, less healthy, creative and adaptive in their work and lives.  This is a major contributor to today’s endemic employee disengagement crisis.  Three independent research studies indicate approximately 70% of employees are cognitively and emotionally disengaged with their employer.

Extrinsic values reflect powerful aspects of culture.  What one culture values above all else, another may simply dismiss.  The same is true from generation to generation, even within a single culture.  Workers from Gen X and Gen Y are seeking an entirely different experience from their careers compared to members of the Baby Boomer generation.  Trying to leverage the homogenous, extrinsic, shared goals of a past generation ring hollow in today’s multi-cultural, multi-generational workforce.

The beautiful thing about moving toward intrinsic goals and values is they are universal to the human experience.  Intrinsic goals include personal and professional growth, authentic relationships, and a desire to be of service to others.  Research demonstrates people that pursue intrinsic goals are measurably happier than those chasing extrinsic goals.  Why does happiness matter in the workplace?  Well, it is not so much about people being happy at work as it is people being happy with their work.  That’s the key to engagement, the fundamental prerequisite for creative thinking, innovation, and adaptability; the mission critical drivers of value creation in today’s Idea Economy.

I hope you have a chance to join us tomorrow!  It should be a fun and lively conversation.

© 2012, Terry Murray.

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Terry Murray Discusses Creativity, Leadership and Equine Facilitated Experiential Learning on The Positive Business Show™

Key Concept ~ I had the wonderful opportunity to speak with Patricia Raskin, host of syndicated Positive Business Show, earlier last week.  I must tell you, it was one of the most compelling interviews I’ve done!  You’re welcome to listen to the podcast below:


 

© 2012, Terry Murray.

© 2012, Patricia Raskin, The Positive Business Show™.

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Speak with Author Terry Murray Live on Patricia Raskin’s Positive Business™ Radio Show

For Immediate Release

Entrepreneur, Author, and Business Strategy Architect Terry Murray will be appearing live on Patricia Raskin’s nationally syndicated, call-in radio program, Positive Business™, Friday, July 13th at 3:00 p.m., E.D.T.

Terry Murray, author of “The Transformational Entrepreneur ~ Engaging The Mind, Heart & Spirit For Breakthrough Business Success”, is scheduled for a live interview with renowned radio talk show host Patricia Raskin, Friday, July 13th, at 3:00 p.m., E.D.T.

“I’ve done many radio interviews, but this will be the first live show with callers participating in the conversation.” commented Mr. Murray.  ”It should be a lot of fun!”

Terry’s book provides a step-by-step approach for creating and sustaining breakthrough performance in today’s volatile world.  Looking beyond conventional wisdom, Terry re-examines his entrepreneurial experiences to examine the human elements that consistently drive creativity, innovation and success.  The book was recently cited in the March, 2012 edition of the academic Journal For Economic Literature.

“We’re well past the Industrial Age, and in fact we’ve moved beyond the Information Age.  We now live in the Idea Age,” adds Terry.  ”In today’s global economy, intellectual property is the driver of value creation.  The source of commercially viable ideas are people.  Highly engaged, talented, passionate people.  Human beings, and our remarkably creative and adaptive abilities, are the raw material for business in the 21st century.  The traditional, Industrial Age approach to leadership, strategy and organizational culture must also evolve in parallel with this evolutionary shift.”

Listeners are welcome to call into the show at (888) 345-0790.  The program is syndicated throughout the United States and will stream live at http://www.790business.com.

Ms. Raskin has interviewed more nearly 2,000 guests on her show.  Her past guests include such luminaries as Dr. Mehmet Oz, Maya Angelou, Gay Hendricks, Debbie Ford and Dr. Andrew Weil.  In addition, she has written over 700 newspaper articles and produced and hosted 500 television programs and documentaries.

A podcast of the program will be posted on Terry’s blog site shortly after airing.

© 2012, Performance Transformation, LLC™.

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Cultivating and Sustaining a Creative, Organizational Culture, Part II

Key Concept ~ Here’s part two of a series of excerpts from my book, “The Transformational Entrepreneur”, exploring a mindful approach to cultivating the right organizational culture for today’s Idea Economy.

~ Reaping What Has Been Sown

Businesses have a difficult time addressing things they cannot measure, yet there are real costs associated with these veiled issues.  The greatest hidden cost that erodes organizational performance is employee disengagement.  Gallup®, Inc. has been measuring employee engagement levels since the beginning of the decade and reports on these surveys in the Gallup Management Journal.  The study indicates 29% of employees in America are engaged (meaning they work with passion, energy, and are emotionally connected to their organization), 56% of employees are not engaged (meaning they are physically present but do not work with passion or energy), and 15% are actively disengaged (meaning they actually are working at cross purpose with their fellow associates).  The study estimates the annual, aggregate cost of employee disengagement is anywhere between $237 and $270 billion in lost productivity.

  A recent study published in the Harvard Business Review® indicates that during what is now termed The Great Recession the percentage of actively disengaged employees has skyrocketed to 21%!

If we extrapolate these findings into a small business environment (even using the conservative numbers from Gallop), say one with twenty employees and payroll of $1 million, the impact of employee engagement becomes strikingly tangible.

In this scenario we can anticipate six employees are activity engaged, eleven are sleepwalking through their day, and three are actively working to undermine the company’s mission.  If we give the sleepwalkers the benefit of the doubt, that they’re perhaps contributing at 50% of their capabilities, we can assume that at a minimum, $425,000 of our million dollar payroll is providing no return on investment whatsoever.  This doesn’t take into account the value the actively disengaged employees are actually destroying through their efforts beyond the lost wages we are paying them.  Conversely, we are only enjoying a full return on investment on thirty percent of our annual payroll through our associates that are actively and passionately engaged with the mission!

Thankfully, the intentions and congruent actions of authentic leadership can re-engage many of the sleepwalkers by cultivating an atmosphere of trust and inclusion.

The fifteen  to twenty-one percent that are working to undermine their fellow associates simply need to go.  Their participation in the enterprise frustrates passionate associates and serves to foment further disengagement with the sleepwalkers. This is a great example of addition through subtraction.

Creating a shift in culture to one of trust and engagement begins with authenticity; the suspension of managerial ego in the daily interaction of the business.  Altruistic intentions combined with congruent actions resonates positive energy and engages associates to be fully present and contributory.  A genuine concern for the well being of associates that is consistently expressed will ignite the collective consciousness of a fully present team.

You’d be surprised how quickly leadership can turn around associate disengagement.  In the 1990’s I was working as the Vice President of International Marketing for a major medical device company.  My responsibilities brought me into close and frequent contact with the European managing directors for each country we operated in throughout the continent.  Moral was very low as the corporation historically had operated as a classic U.S. exporter into the region.  Products, services, pricing, and business methods were not tailored for the individual cultures and markets.  Everything was developed and dictated from the U.S. corporate office.  This situation was exacerbated by a veritable turnstile of senior management being assigned from the states that was not sensitive to the various cultural and operational nuances that existed country to country and quite often within the nation states themselves.

The first thing I did as the new Vice President was to begin listening to the concerns of the managing directors and repositioning our portfolio to more closely align with their particular business needs.  This quickly escalated into my advocating with corporate the need to begin manufacturing products in Europe for Europeans and to expand our services within each market.  The European associates began to witness my actions matching my words and a new found faith in the future of the organization began to emerge.  For the first time in years the European associates began to feel the company aligning with their interests, markets, and corresponding opportunities for career success.

Within a few short months I found myself promoted to Vice President of Sales and Marketing for Europe, Africa, and the Middle East.  Not only was I faced with the challenge of relating to a wide spectrum of cultural perspectives but I was also twenty years younger than all of my direct reports (European hierarchies tend to move much slower than U.S. companies when it comes to promotions).  With my new level of authority I began empowering the managing directors to conduct business in the manner that best suited their opportunities and constraints.  I knew I had secured their trust when my managing director for Eastern Europe and the Middle East, Thanassis Bouzabardis, spoke up during a business dinner in Madrid with all of the managing directors, “Terry, I think I can speak for all of the directors when I tell you we don’t view you as another American coming here to manage our business…we view you as a fellow European.”

To this day I feel that was one of the greatest complements I’ve ever received regarding my leadership style and abilities.  By listening, expressing authentic empathy for their environments, and acting congruently I began shifting the culture of the business from a place of poor morale to re-engaging the European associates.  All of this took place within six short months.  The European team also increased sales by more than $16 million in that same timeframe!

Early stage companies have the advantage of starting with a relatively blank slate.  Enlightened hiring practices will attract enlightened talent.  Authentic leadership will attract authenticity.  Sharing the Vision during the hiring process will help in this regard as will following one’s intuition.

The compensation plan offered to new hires can also weed out people simply looking for immediate gratification versus people in search of being a part of something more meaningful and of greater significance in their lives.  The compensation package can reveal if a person is looking for remuneration based solely on their perceived individual value or if they are willing to work for a reasonable, competitive wage buoyed by incentives derived through team value creation and the tangible contribution of achieving shared goals.

The courage of visionary conviction will not miss out on what may appear to be the minimum talent threshold necessary for performance.  It will, in fact, reveal human beings capable of continuous growth and cooperation.  Fully engaged, eclectically talented associates,  build the creative bandwidth necessary for adaptive problem solving along the way.

Existing organizations are faced with a more challenging task in the cultivation of positive, collective consciousness.  It cannot be achieved overnight, but through the application of authenticity and consistent, conscious leadership it can happen in a surprisingly short period of time as my experience in Europe proved.  The expression of empathy combined with the vibrant cultivation of trust can rehabilitate the most disengaged workforce in a few short months.

Supported by honest accountability, starting with self-accountability, a conscious leader will begin to engage associates that have developed conditioned behaviors of self-preservation that dilute creative contribution.  The onus is on the leader to reach out and begin to display and communicate their dedication to the well being of each individual on the team.  Leadership that chooses to serve the team as a primary approach towards serving the business.

to be continued…

© 2011-2012, Performance Transformation, LLC™.

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Terry Murray Discusses the Strategic Imperative of Creative Thinking in Business on the CBS Radio Network

The need for creative thinking has moved well out of R&D and marketing departments.  The speed and dynamics of today’s economic world require adaptive solutions to unprecedented challenges at every touch point within the organization.  I recently had the opportunity to discuss how to go about cultivating the type of organizational agility successful companies require in the 21st century with Walt Shaw on the CBS Radio Network.

You’re welcome to listen to the interview on the player below:


© 2012, Terry Murray.

© 2012, CBS Radio Network.

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Firing on All Cylinders ~ An Example of Integrative Marketing

Key Concept ~ Developing and implementing a comprehensive marketing communications strategy takes time, but once the seeds begin to germinate you’ll find yourself firing on all cylinders!

Back on July 25th of last summer, I wrote a blog called Seven Ways to Cut Through the Noise and Reach Your Target Prospects.  Nearly a year later, I’d like to share with you how these initiatives have evolved to drive value for our business.

1. The Book ~ Published 14 months ago, The Transformational Entrepreneur has proven to have legs.  It was cited by the academic Journal of Economic Literature in March of this year and it also received some really positive, unsolicited reviews.  The book continues to be a catalyst for media appearances as well.  What’s most gratifying is how well the book is received by those who read it.  I see it helping people realize their authentic vision and purpose every day!

2. Blogging ~ I had been blogging, almost exclusively on this site, for five months last July.  We had just launched Leadership Development and Team Building.  Since then we’ve added Igniting Creativity in Business and have plans to launch four mores blog sites in the coming months.  Each is specifically tailored to match the audience with the value proposition we deliver within the market segment.  Call it micro-marketing, if you will.  Nevertheless, we’ve experienced consistently growing traffic and substantial readership extending to 32 countries.  Truly remarkable and I thank you all!

3. Articles ~ I was more engaged in writing for internet article sites during the early days of the blogs.  While the sites do drive traffic, and were very important in the early days, we’ve migrated more into mainstream media activities.  Just so much time in a day!

4. Videos ~ We continue to use HD video in a variety of ways to build value, both in communications and in content.  In our online resource repository, designed for our Accretive Coaching students, we’re using training videos to support the educational process.  We continue to document speaking engagements and limited demos as certain workshops are, and should, be private to the group.  We will be posting a recent speaking engagement from the Southeast Regional Certified Horsemanship Association’s annual meeting, but its release will be timed to coincide with a new service launch and blog site.

5. Social Media ~ Speaking of just so much time in a day!  This can be the proverbial rabbit hole if you’re not disciplined in the time you devote to it.  Like everything, I had my own learning curve sorting through it all and identify where, and how, I should leverage social media.  If you have something to say and are comfortable writing I highly suggest following some of the bloggers on Forbes’ website.  If you say something of value they’ll call out your comment, basically highlighting what you’ve had to say in the discourse.  From there people can jump to your profile which can lead them to your site(s).  There’s some real thought leaders blogging on Forbes.

The Wall Street Journal still drives traffic the same way, but more from the online article discussion threads.  The key is not to be too self promoting…add some value to the conversation!  If you pique someone’s interest they can easily follow your profile to your blog.  That’s really the point anyways, isn’t it?  At least it is in our business.

The other valued companion is LinkedIn.  This too has short learning curve.  Be sure to ask yourself if you’re talking to your peers/competitors or to your potential prospects.  It’s easy to catch yourself singing to the choir at first…think it through and look into the group membership, professional demographics.  I’ve met some fantastic colleagues and customers on Linkedin and some of the discussion groups are simply enjoyable!

6. Public Relations ~ The big coup, at least for me personally, was recently being interviewed in The Investor’s Business DailyWe’ve been focused on migrating our work into the mainstream for more than two years and the IBD is right on target with a circulation exceeding 600,000 readers.  Fun paper to read, too, I’ve read it for years.  They run a daily section on leadership that is intriguing.  We also were invited back to appear on Jim Blasingame’s program, The Small Business Advocate® and have a spot in Jim’s Brain Trust.  What’s really nice is all of my interviews with Jim are hosted on the Forbes website.  While all of this supports SEO, it really contributes to credibility.  The key is to keep chipping away at it and good things will happen.

For example, last month, during a one week period while we were working in Missouri we were in the IBD, the local paper (above) twice, and appeared (via tape delay…do they still call it that?) on the nationally syndicated, terrestrial radio show, The Career Clinic.  So much of this is due to the wonderful team at our PR firm, EMSI.  They truly deliver, have incredible talent on board, and employ a unique, pay-for-performance business model worthy of a look.

7. Trade Shows ~ I’ve wondered how effective exhibiting at trade shows has really been since the late 1990s.  If your prospect is a senior executive or business leader, chances are you wont find them wandering the corridors of a trade show floor.  Speaking engagements at conferences are proving to be much more effective at delivering our message and reaching our target audience.  We most recently presented at the Certified Horsemanship Association Southeast Regional Conference (video to post shortly) and at a private event with the VA and local Sheriff’s office in Missouri.

Just as I said nearly a year ago, each one of these initiatives supports the next.  It’s circular and builds momentum like a fly-wheel.  Please keep in mind, this was all done on a shoestring, meaning you can do it too!  The sooner you start, the sooner you’ll be firing on all cylinders!

© 2012, Terry Murray.

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Igniting Your Entrepreneurial Fire ~ Part II

Key Concept ~ Continuing our series on the three key elements for accelerating successful startups, here’s part two of three of excerpts from my book, “The Transformational Entrepreneur ~ Engaging The Mind, Heart & Spirit For Breakthrough Business Success”, which was cited in the March edition of the academic Journal For Economic Literature for its contribution to thought leadership and the field of business management.  It discusses enlightened strategic planning.

When I was a young executive working in Corporate America, I began to experience something that, at the time, I couldn’t quite explain.  As I was given responsibility to create or turn around business units, I would always start by sitting down with my front-line managers and field associates to discuss where we were, what internal and external challenges were before us, and solicit their opinions as to what we should do to move the business forward.  I felt strongly that by taking an inclusive approach I would begin to gain their trust and best serve the interests of the company by embracing the experience and day-to-day knowledge of what was really happening in the trenches.  We would then embark on the strategic planning process during which time we would openly challenge our assumptions in lively discourse and stretch the boundaries of what was traditionally perceived to be possible.  From this process a momentum would emerge, more rapidly and more powerfully than what any of us could have imagined!

I had come to appreciate that the strategic planning process was an iterative one, and the questions that we asked of ourselves were often more important than the answers we would eventually discover.  Upon reaching agreement on the plan of action, I would travel to the field to communicate the vision and strategy that we had developed, again drawing the associates into a lively conversation of what was and wasn’t working.  I emphasized we had a shared responsibility to ensure we were taking care of our customers and embracing the spirit of our strategic plan.  I would continuously remind everyone that the strategic plan was a living document, it was not etched in stone, and everyone was empowered to help calibrate the implementation of the plan moving forward.

The one constant that I began to observe surprised me.  At the point in time that we had perhaps fifty to sixty percent of our strategies implemented we would be on track to achieve our objectives!  It seemed illogical to me at first.  How could we be tracking 100% to plan when we were only half way through the implementation and execution of our strategies?  What I know now is that I was observing the power of collective intention, the cumulative energy that accelerated the manifestation of our vision!  This energy was a direct result of the culture we had co-created.  A culture that was kindled by the intention and creative visualization that was expressed through the strategic planning process (we will explore this further in step-by-step detail in Chapter Seven).

The concept of employing creative visualization as the first step in manifesting a new reality is not new.  Our intention helps us create a wondrous reality that we, as spiritual beings, are meant to enjoy.  On the surface it may sound a bit New Age to some people, a bit beyond the pale of what we, as Westerners, consider realistic.

Yet haven’t we all observed a similar occurrence that is very common in athletics?  We have all heard a broadcaster covering a football or basketball game suddenly exclaim how one of the teams has all the momentum.  We cannot see the force behind the momentum yet we can observe its effects on the game.  Suddenly, through a shift in attitude and energy everything seems to fall into place for one of the teams.  In a matter of a few plays, one team is more dynamic than the other, and their execution becomes so well orchestrated the other team almost looks as if they are standing still trying to defend them.  A quarterback or point guard is suddenly in the zone, their timing is in perfect alignment with their teammates, they’re somehow anticipating the defense…they just can’t miss.  The announcer exclaims, “They’re really feeling it now!”  It is the exact same phenomena I was witnessing in business.

Athletics offer us a wonderful example of presence, which is a core attribute of conscious leadership, of being totally present in the moment, in the now.  An Olympic gymnast is not thinking about all the details of a routine as they perform.  A golfer cannot be thinking about the nuances of mechanics during his or her swing.  They quiet their minds and enter into a near meditative state as they compete.  They are conscious of their performance but not thinking about their performance.  Athletes, when at the top of their game anticipate and act rather than think and react.

This phenomena is supported by hard science.  When we are fully engaged and enjoying what we are doing we enter what renowned researcher and psychology professor Mihaly Csikszentmihalyi refers to as flow.  Dr. Csikszentmihalyi’s research looked into the psychological state of a wide variety of professionals operating at peak performance.  When they were fully engaged, focused, and enjoying their endeavor, their biochemistry reflected an increase in cortisol (part of the hypothalamic/pituitary/adrenal or HPA axis in our brains) which brought them to a place in which they were taking full advantage of their cognitive and physical abilities.  If the HPA axis shot past this optimal point due to stress, adrenaline and cortisol levels continued to rise and performance rapidly diminished.  His work proved that a person’s emotional state is a governing factor in cognitive and physical performance.

When a group of athletes are engaging in team competition (and doing it well) they manifest a cumulative energy.  Their combined intention, their collective consciousness, elevates the team to an entirely new level of performance.  We can achieve the same thing in business; fore it is not simply physical or mental execution but the collective consciousness of our team that generates this remarkable energy.  The key is in creating a strategic plan and dynamic culture that empowers our associates to be present in the moment, to concentrate on creating and delivering value to our customers now, rather than being consumed with what may come tomorrow or concerned about what wasn’t done yesterday.

Strategic planning as a form of creative visualization that also enables presence may raise the question, “How are you in the moment when you are looking one, three, or five years ahead?”  It is a logical question.  Let me use an analogy to help explain this:

Let’s envision a business, just for a moment, as a tribe of hunters and gatherers living ten thousand years ago.  As the leaders of the tribe, we are highly aware of our environment.  As time passes, we begin to observe a change in the climate; with each passing year it is getting colder much earlier in the year and staying cold much longer into the spring.  We observe the birds and other animals beginning to migrate south much earlier than what we have historically observed and notice they are also returning later in the spring.  From our observations, from our awareness, we develop a Vision that these elongated winters may be less severe in the South.  It stands to reason that if the migrating animals are leaving earlier and staying longer food supplies are most likely more abundant as well.

We establish a Goal of migrating south to ensure the tribe will continue to prosper.  In order to do so, we must cross a large mountain range before the early autumn snows begin and block the high passes.  We now have an Objective that is critical to the success of achieving our Goal; we must clear the high passes before the snow flies or we could become stranded and perish.

There are many passes we can choose from, some representing a more arduous climb, but are more direct, and others that offer a gentle slope, yet will take longer.  We must now decide upon our Strategies.  The amount of risk we are willing to incur and how we intend to balance the risk of each approach with the risk of failing to reach the passes before the snows begin.

Our Strategies reflect the constraints we have identified through a thorough Self-Assessment.   We have examined our strengths and weaknesses.  How many children and elders must survive this trek?  Do we have ample supplies for the journey?  Who are our harbingers for this journey that can blaze the trail for the remainder of the tribe?  Have we carefully evaluated the landscape and challenged our assumptions of the risks involved?  What is the Competitive Landscape; are there hostile tribes living along the way that may wish us harm?  Might there be opportunities to partner with other tribes?  Have we properly scouted our options and truly know what we face?  Have we challenged our assumptions and appreciate the fact we still don’t know what we don’t know?

At the end of all this discussion and evaluation we realize that the only way we can manifest our Vision (abundance for the tribe) and achieve our Goal (to be in the South), and to secure our Objective (navigate the mountain passes before the autumn snow), is to walk south every day one step at a time, regardless of the Strategic path we have chosen.  Our Tactics…for each of us, once the decision has been made to take the journey, must simply focus on taking one step at a time in the moment.

Much like the tribal elders in this analogy, business leaders have the responsibility of formulating a clear and concise vision, communicate it effectively so that others can share in it, and to discern the best path for the organization to follow through the mature evaluation of risks and rewards.  In doing so, we can, in combination with a healthy, vibrant, and trusting culture, enable associates to concentrate on each step they are taking in the moment, to be truly present, to execute on the plan now and make it a reality for us all.

© 2012, Terry Murray.

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Igniting Your Entrepreneurial Fire

Key Concept ~ While the cacophony of social media,  cloud technology, mobile apps, etc., continues the dominate the business landscape, the core fundamentals for success remain the same.  Over the next three blogs, I’d like to share the fundamentals I learned over my 25 year career in both corporate leadership roles and in entrepreneurial settings.  Your success will greatly be determined by three critical elements.  These next three blogs are an excerpt from my book, “The Transformational Entrepreneur ~ Engaging The Mind, Heart & Spirit For Breakthrough Business Success”which was cited in the March edition of the academic Journal For Economic Literature for its contribution to thought leadership and the field of business management.

Creating transformational performance is like igniting a fire; it requires three fundamental elements.  A fire requires a source of heat, fuel, and oxygen in order to burn.  Transformational performance requires authentic, conscious leadership (the heat), a visionary strategic plan (the fuel), and a creative culture that fully engages the entire workforce (the oxygen).

While transformational performance cannot occur without all three elements, the quality of leadership will greatly enhance or diminish both the ascendance and long-term success of a business.  The intensity of its energy and the clarity of its intention can emulate that of a paper match or an acetylene torch.

The quality of the strategic plan will influence sustainability and growth; it can take the form of seasoned hardwood or half-rotted pulp.  The final element, culture, can fan or extinguish the brightest leadership and the most thoughtful strategies.  Like oxygen, we cannot literally see culture, yet it is the air we all breathe.

~ Authentic Leadership

Leading a business requires a strong and unflinching sense of responsibility for the associates who depend upon your wisdom, integrity, and stewardship.  Their livelihoods, dreams, and aspirations are invested in your guidance.  This is a sacred trust.  Associates trust that you will do your best to ensure the health and vitality of the business.  The stronger their level of trust in your leadership, the more willing they will be to fully invest their time, energy, and enthusiasm in the success of the endeavor.  The level of authenticity a leader expresses in their daily interactions with people and in how they address challenging situations will have an enormous impact on execution.

Authenticity may sound like an unusual word to describe leadership, but its meaning reflects several key characteristics that are critical to successfully leading human beings.  There are three primary definitions of authenticity in the dictionary; the quality of being authentic, trustworthy or genuine, and the displaying of undisputed credibility.

The quality of being authentic begins with being true to one’s self.  This quality emerges through self reflection and inner exploration and infers an active awareness of one’s consciousness.  The complete spectrum of who we are physically, intellectually, emotionally, and spiritually.  This includes being in touch with, and trusting in, one’s own intuition.  We’ll explore the role of intuition further in Chapter Four.

At times, being true to one’s self isn’t easy.  It can test our moral courage.  In the late 1990’s while serving as the vice president of sales and marketing for a highly acquisitive life science company I experienced this conflict.  I found myself confronted with having to decide whether I would lead with authenticity or “go along to get along”.

Shortly after our company purchased a small manufacturing concern we found ourselves with two mid-level executives with overlapping responsibilities for managing our European sales business.  One was from our organization and one arrived with the acquired company.  The president of our company had sidestepped a decision on realigning responsibilities for two months.  The new executive was very political and focused much of his efforts and energy to develop a social relationship with the president, inviting him to play golf and entertaining him at his home.    After more than a year of diligent work on the part of our director to build our business in Europe the ambiguity began wearing on his emotions and productivity.

The situation left me uneasy at what I felt was inherently unfair.  At the very least, our director deserved a word of clarification on the issue.  Finally, on a Friday afternoon preceding our director leaving on a scheduled trip to meet with our European partners (who would be looking for direction and clarification as well) I felt compelled to address the situation with the president.  My inquiry infuriated the president who proceeded to lash out verbally.  I took some lumps and expended significant political capital, but my authentic concern for my direct report resonated throughout the sales and marketing organization, building trust and resulting in measurably marked improvements in sales performance.

As the years progressed, I began to realize my sensibilities of leadership didn’t correlate with what I was consistently experiencing in Corporate America.  While my performance was frequently lauded by my superiors, I would eventually find myself at odds with the status quo.  Somehow, my presence made my fellow executives uncomfortable.  Our intentions didn’t match.  I eventually came to the realization I didn’t belong in this environment and made the decision to strike out on my own and start a business focusing on coaching entrepreneurs on leadership, strategy, and business process.  In discovering and following my authentic self I now work from a position of service that has created the greatest joy and satisfaction I have ever experienced in my life!

The second definition of authenticity is “trustworthy or genuine”.  Trust is an energy that flows in a circular orbit.  It cannot move in one direction without returning to whence it came.  Some people allow themselves to trust more readily than others, but once trust has been broached it is often nearly impossible to mend.

Cultivating a trustworthy environment dispels people’s fears and calms insecurities.  It enables people to function in the moment without worrying about the repercussions of making an honest mistake.  The legendary salesman and early leader of IBM, Thomas J. Watson, was once quoted as saying, “Recently, I was asked if I was going to fire an employee who made a mistake that cost the company $600,000. No, I replied, I just spent $600,000 training him. Why would I want somebody to hire his experience?”

Sometimes we learn more from our mistakes and allowing for the occasional mistake without the anticipation or fear of punishment builds trust.  Trusting associates empowers people to work from their heart which draws upon the energy of positive intention.  It opens the door to passionate engagement and reveals the hidden workforce lying quietly just beneath the surface in many businesses.  Creating an environment that encourages mature, thoughtful risk-taking delivers returns that far exceed any potential losses.

In the context of our discussion, the definition of “genuine” refers to being from the original stock or lineage, of being a genuine human being.  This implies we see each other as universally and energetically connected as a single entity of creation.  In doing so, we are able to express empathy for one another as easily and openly as we are able to care about our selves.  The resonant power of empathy consistently expressed by leadership cannot be overestimated.  It conveys genuine concern and respect for an associate’s well-being.  In doing so, it lowers barriers and engages the heart as well as the mind.  It is something we all can relate to.  Ask yourself, how much more are you willing to do for someone that genuinely cares about you?

Several years ago I was engaged in a strategic planning project with an immersive learning company.  They focused on teaching empathy in health care environments in response to malpractice lawsuits.  The financial exposure the risk of malpractice introduces to insurance companies, hospitals, and physicians’ practices has resulted in extensive, scientific research into the reasons why people sue.  We tapped into this research as part of our planning process and what we discovered was very surprising.  It turns out people sue based upon how they feel they were treated after a medical error had occurred and not directly because of the error itself.  Patients and patients’ families that were treated with empathy were significantly less likely to sue.  That’s a powerful statement.  In the midst of experiencing one of the most severe health and emotional crisis humans may encounter, empathy was the balm that soothed the intensity of a catastrophic medical event.  Imagine the power empathy can have in an everyday business environment!

The third definition of authenticity is “undisputed credibility”, which emphasizes the importance of being impeccable with your word and ensuring the consistent alignment of your actions with your words.  Walking the walk and talking the talk.  In the noble words of St. Francis of Assisi, “It is no use walking anywhere to preach unless our walking is our preaching.”

One of the fastest ways to disengage a workforce is for leadership to display behavior that is inconsistent with their words.  It conveys the existence of double standards; one for associates and a separate, privileged set of standards for executives.  If you want associates to perform at a high level then live, work, and consistently display that level in your own behavior.  Keep in mind it is human nature to remember the missteps.  You can be consistently credible 99% of the time but it will be the one time you are inconsistent with your word that associates will remember.

Another powerful, yet often overlooked attribute of authentic leadership is the ability to sense and respect people’s boundaries.  Hierarchical leadership has a tendency to create boundaries that run in one direction.  Actually, they are more like barriers than boundaries.  Barriers that create a set of expectations that govern behavior and one-directional communication that are meant to sustain authority and control.  Projecting a lack of respect for the boundaries of subordinates causes emotional barriers to be erected.  As emotional barriers come up associate engagement goes down.  Conversely, enabling the creation of healthy boundaries engages associates’ sense of worth and creativity.

People need to feel secure in their own space; this extends to emotional and intellectual space as well as physical space.  When people are able to create and maintain a container of self their creativity will blossom.  When physical space is constrained, such as when cubicles are used for workspace, fostering healthy emotional and mental boundaries is even more important to fully engage associates.  Authority figures that roll over these boundaries lead people to freeze up and withdraw, working while keeping their heads down to avoid further transgressions into their comfort zone.  Giving associates the space to think and, at the appropriate time, to simply be, engages the imagination and the heart.  The consistent expression of authentic leadership will rapidly reveal previously unseen opportunities for the organization.

© 2012, Terry Murray.

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The Transformational Entrepreneur Cited in the Academic Journal of Economic Literature

For Immediate Release – March 28, 2012 -

Terry Murray’s groundbreaking book, “The Transformational Entrepreneur ~ Engaging The Mind, Heart & Spirit For Business Breakthrough Success” was recognized and cited in the peer-reviewed, academic Journal of Economic Literature’s March 2012 quarterly issue.

Performance Transformation, LLC™ (Venice, FL) announced today that their founder and Managing Partner’s book, “The Transformational Entrepreneur”was recognized and cited in the academic Journal of Economic Literature for its contribution to professional business literature and thought leadership.

“We received the unsolicited notification letter from the Journal last week,” responded Mr. Murray. “It was both humbling and exciting at the same time.  I’ve been working on the business side of the life sciences, medical technology and health care sectors since 1988, so I have an enormous appreciation for the diligence of peer-reviewed, academic journals.  As a business executive, and not an academic, this is a distinct honor for my book to be recognized for its contribution to the field of business and economic professional literature.”

The Journal of Economic Literature is published by the American Economic Association (AEA), a professional organization of economists, academics, and business thought leaders with more than 22,000 members.

“My executive career has spanned some truly remarkable changes in the global business landscape,” added Terry.  ”Historically, there’s always been a lag in leadership, strategy and organizational philosophy in response to market shifts in value creation.  I entered the biotechnology world during its infancy.  This was the beginning of the knowledge-based economy and coincided with the boom in personal computing.  Yet the methods, perspectives, and philosophies we were trained for in business school all emerged out of the Industrial Age.  We literally had to discover a new approach to business as usual along the way, but it is only today, some 25 years later, that the strategic imperative of human creativity in business is beginning to move into the mainstream.”

“The Transformational Entrepreneur” will also be indexed in the American Economic Association’s internet database, EconLit, which is accessible at libraries and universities around the world, as well as to licensed institutions and AEA members.  The electronic bibliography indexes over 120 years of economics literature from around the world.  The database complies professional journal articles, collective volume articles, working papers, dissertations, and books of note on the subject of economics and business practice.

“The shift in the source of value creation truly began in the 1980s, but information technology bridged the productivity gap for thirty years, masking the need for a change in the approach to  leadership, strategy and organizational development.  By the turn of the century it was already beginning to hit a point of diminishing returns, right at the time the explosively disruptive power of the internet began to take off.  Even old world industries are doing business in ways they never could have anticipated ten years ago,” commented Terry.

Mr. Murray went on to say, “Perhaps because I was immersed in the knowledge-based economy for so long I saw the need for a more human-centric approach to business.  Research scientists, physicians and engineers, and their creative talents, are the raw material for value creation and competitive advantage in this new era of business.  You cannot lead creatives the same way we once managed assembly line workers.  Two years after I began writing my book, the IBM Global CEO Survey exemplified the perspective and approach I was writing about at the time, reporting that creativity and the ability to cultivate creativity throughout the workplace was the single most important attribute CEOs are looking for in future leaders.”

Terry’s book was published two months after IBM released the results of their bi-annual survey in December of 2010.

About the author ~ Terry Murray is an author, speaker, entrepreneur, and professional business advisor/coach with twenty-five years of progressive experience in strategic development, executive leadership, and the deployment of highly profitable business teams. His work with Fortune 1000 and startup companies has directly contributed more than $1 billion in market capitalization growth throughout his career.

He is the founder and Managing Partner of Performance Transformation, LLC™, a professional and strategic development firm focused on igniting breakthrough performance by optimizing and aligning authentic leadership, mindful strategy, and an engaging, creative organizational culture.  The company’s evidence-based programs and pragmatic approach employs their proprietary Accretive Coaching Process℠.  This innovative, developmental process integrates concepts from published research in the neurosciences, emotional intelligence, performance psychology, quantum physics and Applied Behavioral Economics with Equine Facilitated Experiential Learning.

For more information, please visit http://ignitingcreativityinbusiness.com.

© 2012, Performance Transformation, LLC™.


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