Specialty Fabrics Review August 2024 - 77
[ MARKETS ] BUSINESS
Your greatest
untapped asset
Encourage your employees'
creativity by letting go of the reins.
by Jason Bader
W
HEN WE THINK OF ASSETS IN AN
organization, our thoughts generally lean
toward the accounting definitions. We have
cash tied up in inventory and accounts receivable. We have
cash tied up in equipment or other fixed assets. And we have
cash tied up in, well, cash. These are all perfectly acceptable
definitions of organizational assets. Unfortunately, when we
take this clinical approach, we fail to recognize the greatest
untapped asset of all-the collective creativity of the people
who work with us and for us.
Creativity comes from confidence in one's strengths and
abilities. This confidence may be a byproduct of someone's
education. It may come from past work experience or even
from on-the-job training in their current position. The point
is that everyone is given the innate ability to be creative
based on past experiences, but they do not always have the
confidence to express their thoughts. This is the untapped
resource. As a leader, it is incumbent upon you to help coach
your employees to explore and utilize their talents. To do so,
you just might have to give up a little control.
Image: Dreamstime.com/© Marish
BOSSes rule
Over the course of our careers, we have been exposed to
several types of authority figures. Everyone has met the
BOSS-Boisterous Omnipotent Self-Indulgent Sociopath.
This definition was given to me by my good friend and
colleague Rick Johnson, Ph.D., of CEO Strategist LLC.
BOSSes are consumed with control. They direct rather
than coach. They berate rather than explain. Their edicts
begin with " I " versus " We. " Frankly, this management style
is exhausting. Not only do BOSSes have to make all the
decisions, they find themselves constantly looking for more
victims caused by a high degree of turnover. Of course, there
are times when being a BOSS is appropriate; however, my
hope is that these times are rare rather than frequent.
The BOSS management style is a creativity killer.
Why would team members want to offer up their own
opinions? BOSSes are so fearful of losing control that they
do everything in their power to avoid input. In their mind,
inviting others to make decisions is a sign of weakness. It
means they are somehow failing to meet the requirements
of their job. Furthermore, they are deathly afraid that
someone will find out they don't always have the answer.
As irrational as it sounds here on paper, many organizations
are rife with ineffective, fear-based managers.
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Specialty Fabrics Review August 2024
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