The Melting Pot Newsletter | # 56
HOW TO INTRODUCE A COMMUNICATION RHYTHM TO YOUR BUSINESS (ROCKEFELLER HABIT #3)
Rhythms are a natural part of life. We’re all familiar with the rhythm of nature, the regular cycle of the seasons, the continual movement of days into nights. Their consistency and predictability reassure us and provide a framework for our lives. Rhythm is also essential to teamwork, particularly in sports like rowing. Think of a successful crew. When they’re in sync, their oars dip in and out of the water at the same time and the boat skims along effortlessly. If even one team member loses this rhythm, the whole boat is thrown out of control.
Similarly, successful businesses are built on rhythm. Whether it’s meetings, goals, budgetary cycles or communication frequency, you need every member of staff to be pulling in sync. They need to understand and prioritise rhythm. Ensuring it’s embedded in your organisation takes sustained effort and consistent application.
It’s worth the effort though. By creating regular rhythms, you’ll make a massive difference to the day-to-day functioning of your business. Introduce them as early as you can and they’ll maintain momentum as you start to grow. They’ll also optimise business efficiency, working like compound interest for your company and ensuring an unparalleled growth trajectory.
The third Rockefeller Habit is all about communication rhythms. So what does it suggest, and how do you put it into practice?
The Challenge of Scale
Entrepreneurs are told time and again to embrace failure, to be proud of failure, to not be ashamed of failure. But failure is still something that is brushed under the carpet, something you shouldn’t be proud of. And so today’s guest, Ben Fletcher of Lead Bullets, is a breath of fresh air.
Ben is a serial entrepreneur and the proud maker of multiple mistakes, many of which he discusses with Dom in this episode. At the heart of it, Ben’s mistakes are what drives him. In fact, when asked what he would change in the past, knowing what he knows now, he replies: “I’ve learned so much from those mistakes, it’d be really hard to do anything that fundamentally changed the way my life worked out.”
It’s these mistakes that have carved out his current role – the one that sees him help entrepreneurs and CEOs of fast growth companies. It doesn’t matter what the industry or sector is, a scaling business is a complex thing that trips people up time and again, and always in the same places. Dom and Ben talk about how to set objectives and why that’s important; about hiring good people; about not being on the edge and losing innovation and most importantly, not spending time with your ‘problem children’.
America’s best podcast for learning how today’s top business owners Think, Act, & Achieve. Onward Nation is a five-day-a-week podcast hosted by Stephen Woessner, CEO of Predictive ROI. Business owners share the most influential lessons learned throughout their careers, including insights into their daily habits, their most vital priorities that have contributed to their business and personal success, and the most challenging time or situation that could have devastated or even ruined their businesses or careers.
What exactly is affiliate/performance marketing? And how are the world’s leading companies using this model to outperform in their marketing and business partnerships? Join us on the Outperform with Acceleration Partners podcast to hear insightful, valuable and eye-opening discussions about what it truly means to create transparent, high-value partnerships that bring more customers, incremental sales and faster growth.
How do employees feel about your organisation? The answer to that question influences many of the most important measures of your organisation’s health – from retention, engagement and performance to customers, revenue and operational efficiency.
The days of working from an office are quickly coming to an end. Remote teams are here to stay, and many business owners struggle with the idea of keeping a global team connected. According to Global Workplace Analytics, remote work has grown by 159 percent between 2005 and 2018. It’s no surprise that leaders of these businesses want to build a personal bond with their employees, but that poses a challenge when you work in different cities around the world.
Do you have a best friend at work? And if you’re the boss, do you think most of your employees would be able to name a coworker they consider to be a close friend? I’m asking this after seeing the results of a survey of 2,000 U.S. workers conducted for the Bowlero Corporation, which owns and runs 300 bowling venues across the United States.
They asked all kinds of questions about employee engagement and friendships. Among the findings:
The international bestseller that tells how Semler tore up the rule books – and defied inflation running at up to 900% per year!
– Workers make decisions previously made by their bosses
– Managerial staff set their own salaries and bonuses
– Everyone has access to the company books
– No formality – a minimum of meetings, memos and approvals
– Internal walls torn down
– Shopfloor workers set their own productivity targets and schedules
Result – Semco is one of Latin America’s fastest-growing companies, acknowledged to be the best in Brazil to work for, and with a waiting list of thousands of applicants waiting to join it. Learn Ricardo’s secrets and let some of the Semco magic rub off on you and your company.
Do you want to make life better for yourself and the people you work with? Are you held back by the thought that putting people first could harm your bottom line? Superengaged is an honest, in-depth and upbeat look at the value of having values and the power of creating a people-focused workplace culture, packed with tips and guidance for increasing your profits and improving your outcomes. It’s for CEOs and COOs, HR directors and finance directors, entrepreneurs, business owners and anyone who’s on their way up. Whatever your company’s size, shape or sector, this book will help people in leadership roles feel more confident about what employee engagement means and how to improve it.