Tag: Relationship framework

Get your relationship action plan in place!

Action plan for  your relationship gets you towards happiness

Action planning limits number of open doors. (photo credit: freedigitalphotos.net / nattavut)

“Vision without action is nothing, action without vision is disaster.” -Unknown

[In quote: Replace vision with purpose to modernize it.]

To achieve the future framed in the purpose statement of the company, business needs to have a strategy. The action plan of the businesses, strategy is only a cooler way to call it, is defined in plenty of different ways. In its simplest form strategy is a choice what to do and what not to do.

In large corporations strategy is often misunderstood. CEOs describe the targeted future by numbers. “We want to grow 10 per cent per year and have 75 000 employees by year 2020.” That’s not strategy.

Similar statement about strategy from a 18-year-old young woman would be a desire to have three children. How do you get those three children? What are the key steps in between to be able to support and take care of the dream family?

Poor strategists get disposed of

Good example of a poorly articulated corporate strategy I can find very close to me. Recently I was reading a new number of a staff magazine of my employer. The main story of the magazine was covering the launch of new company strategy, carrying a slogan “Now we execute!”.

The strategy was aiming toward 12 % annual growth resulting in the ultimate goal of close to exponential growth in the number of personnel and revenue. The immediate question from me was: “Okay, mister Group President, what would you like me to execute?”. No decisions on what to do or what not to do had been made.

The very same awarded leader was let go about a year after publication of the strategy. Only thing of the strategy that was executed, was the owner of it.

Does your actions meet your key challenge?

In a recent and appraised strategy book, Good Strategy, Bad Strategy, Richard Rumelt defines strategy as a coherent set of actions to address the key challenge of the organisation. Please note the word action in plural and challenge in singular. Rumelt highlights the common misunderstanding about strategy: it’s easy to define strategy broadly.

Good excuse might be the goal of not limiting the different growth paths of the company. But broad and dull strategy is bad strategy. Members of the organisation have hard time finding direction and guidance for their decisions. Articulating a bad strategy is an easy mistake to be made. Articulating a coherent and clear strategy is painstakingly hard task.

Rumelt’s book truly helped me to crystallize the true challenge of the business unit I was in charge of. Before it was more or less unclear and undefined. According to several employees, we were having many great initiatives but often they could not see the the connection and destination.

In our business unit the greatest problem was to overcome the challenge of “managing all routes to market”. If that sounds dull, it was figured out by me, not by a consultant. And it took a great effort to make it explicit. When I compared this statement to the challenges of the two other business units, they were clearly very different.

After crystallizing our key challenge I pursued to adjust all our major actions to either solve or ease the challenge. When I got a authorization of hiring two new people and strong recommendation how to place new resources, I presented an opposing plan contradicting the plan of my boss’ boss. My plan applied to our key challenge but at the same time fulfilled the intention behind the new recruitments.

Action planning is not supposed to be easy

Challenges are plenty in relationships as in businesses. To get a functioning strategy and people behind it you need to make choice about which challenge to address. It means analyzing and summing things up. Neither businesses nor couples can solve many challenges at a time.

That’s where strategy meets the challenge. Only after you have your key challenge – in singular – figured out one can develop a strategy to meet all the sub-problems. At the same time you reach certain focus in your business or relationship. Naturally the challenges change over time and strategy has to be adjusted.

Strategy, focus and allocation of resources walk hand in hand. Clayton Christensen brings up the issue with time allocation in families. In his book How to measure your life Christensen pursues to reflect how you divide your time between your career and children. He points out that you don’t focus or prioritize – deploy your strategy – until one utilizes resources accordingly.

Important is to have correct metrics in place too. If you think by taking your son to a soccer training twice per week is focus, that’s fine. With family and work filling your days, remember to prioritize your time inside and outside of the workplace. Finally: To succeed with new initiatives at work, it’s critical to address attention verbally and by allocating resources. Metrics will guide the action towards the desired direction.

Our greatest challenge

At the moment the greatest challenge of our relationship is to figure out where to live. Fortunately we have an apartment. Unfortunately the challenge does not mean we would be wanting to move to a different apartment or city. That would be too easy.

We don’t know in which country we would build our relationship. Yes, I know it’s quite fundamental. We are two different nationalities and we have both been living and working in the home countries of both parties. We are in the process of finding a compromise where to live for long term. What do we need?

To succeed you need both: dreamer and doer

Business theory and practice proves us that both of the partners do not need to be the most active in formulation of the strategy. Some time ago I visited a mid sized company. From the entrance everybody coming to the building needed to take stairs up to the second floor.

On top of the stairs two corridors departed. One to the left and one to the right. To the left pointed an arrow with a text “Seers” and to the right a similar sign “Doers”. Level and quality of humor reveals the true nature of company culture and relationships.

In corporations strategies are often set in the top management and among board of directors. That’s  known as top-down model which is widely used because of its simplicity and swiftness.

Business theory also talks about down-top model. Its greatest benefit is the greater commitment of employees, when they are more involved in the strategy process. But has anyone seen a true down-top model in practice?

Personally I have only read about it in business books. Input from middle managers or directors is harvested in seminars and workshops. The bigger the organization is the further these people are from the front line. That’s where the strategy easily becomes middle-top conversation.

Due to their nature relationships fortunately do not have this shortcoming.

Simon Sinek highlights that most successful companies have had the visionary entrepreneur who has envisioned the idea and purpose of the company. Next to the “Seer” is always needed a “Doer” to realize the dream. In relationships one needs to understand his or her strongest part in the equation and not to forget contributing to the other one.

Usually, I’m not saying always, women tend to be the visionaries. Once I found myself observing my spouse scrolling listings of apartments for sale and soon finding her dream kitchen. Seeing her enthusiasm about the apartment I realized that I need to get to work to afford a place with an ultra modern kitchen like that.

Dreaming and doing – both of them are key to long-term prosperity.

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Why we need purpose in our relationship

What are relationships for

How far do you look into the future? (photo courtesy of freedigitalphotos.net by stockimages)

 

“That business purpose and business mission are so rarely given adequate thought is perhaps the most important cause of business frustration and failure.” -Peter F. Drucker

Very same night after publishing this post, my spouse once again asked me: “What is our fate?”. (We are not native speakers, but talk English to each other.) In the following morning that question made me to add here our glimpse into the future, but in the particular moment I managed to mumble: “How would you imagine it?” I tried and succeed in avoiding the question. I don’t always succeed.

“It’s how we make it.” She answers. “I would like to make it just as normal life.” She continues. The life that we had been living hadn’t been that typical so far. We met in Austria, lived in Czech Republic, Finland and now in Denmark to name one detail.

When most of us were still in business school, mission and vision were fashionable. Today you can see them fading into background, where they are consolidating into one. Purpose. The race for efficiency has hit the statement of company’s future too – cut it down into one word.

Like it was the case with mission and vision, the formulation of purpose usually takes place in the top management of the company. Most importantly the purpose of the company eventually sets the long-term direction of the business. Meaningful purpose is also a tool to motivate employees and increase their commitment into the business. It can be also used as a vehicle for building public image of the company.

Purpose requires farsightedness

Before jumping into the purpose of the relationships, we need to understand the governance system of relationships. Earlier we discussed the organizational structure of relationships that lead us into thinking of relationships constituting chairman of the board, woman, and chief executive office, man.

This time we elaborate into one of the elements behind this division: farsightedness. In relationships the idea of direction setting we base on the assumption of difference in the thinking of men and women.

Without putting much scientific research behind of the key assumption, we could easily state that women – in average at least – have stronger, more sophisticated part of the brain where emotions, and also emotional decisions, take place. The part of the brain in question is called limbic brain.

Generally women are also better to articulate their emotions into words. Those words are produced in the neocortex part of the brain. By articulating their emotions into words women talk about future and create pictures of the shared future. Often they also expect men to describe their perception of the future.

Difference of time span

Men often live like most of the chief executing officers. Reaching out to meet the targets of each month and running quarter. Often men are fine with living day by day.

I can’t provide a lot of research to support the statement about emotional proficiency of women. Instead I can base some of it on the numerous observations of the discussions between men. Stories, where men are left numb with women’s request for response to her expression of feelings are typical source of manly humor. A compassionate story told as a joke might also work as a sign of support when a friend has challenges with at home.

Women have deep foresight of the future of the relationship. In business that’s the duty and task of the board of directors. In the relationship woman acts as a board of directors for strategic direction. After all, depending on the country in question local legislation usually requires a company to have an appointed committee for supervisory role, board of directors, and one for management of daily operations, managing director.

Why is purpose important?

What does a purpose bring to businesses and relationships? Famous author of Innovator’s dilemma Clayton Christensen specifies the components of the purpose. His book How will you measure your life (2012) divides meaningful purpose into three components:

  • Likeness: what you want ultimately to be.
  • Commitment: purpose requires commitment to the likeness.
  • Metrics: Progress towards the likeness should be measurable.

In other words purpose will demonstrate the future of the business or relationship to the participants rather than letting them to find themselves from a coincidental situation.  As it is case with work-life well articulated purpose enhances commitment, but there needs to be commitment to the purpose in the first place.

Clearly defined purpose drives the actions towards the first component, likeness, the picture of the destination. Purpose also sets certain metrics for the business and relationships. Against the purpose members of the organisation or partners can evaluate their own progress.

As relationships are small enterprises the roles of the board of directors and managing director are blurred. Nevertheless, it is important to recognize that as a chief operating officer man has an opportunity to influence the purpose setting, but ultimately it’s given. Working towards the purpose will eventually build  up the relationship.

In our relationship we have drawn a dusk picture of our future and purpose of our common journey. In crossroads of our journey we often evaluate how each turn matches the purpose.

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Who is chairman of your household?

Corporate governance

Who sets the strategic direction in your relationship? (Photo courtesy of Surachai / freedigitalphotos.net)

“Happy wife, happy life” -Proverb

Corporate governance sets the scene

Has the board of directors made its decision? Have they set the direction for the next planning period? In many American corporations  the chairs of the CEO and the chairman of the board are one and the same. This model is often called Anglo-American model.

On the other side of the Atlantic ocean the seats of the chairman of the board and CEO are separated. The model is often called multi-stakeholder model. Here, the chairman is named as non-executive chairman, who does not take part into operational activities of the company. It is the CEO whose job is to run the operations within the guidelines set by the board.

In addition to setting the direction one of the most important task of the board is to name and dismiss CEO. In this model the purpose of the board is to oversee the benefits of shareholders. This two tier type of corporate governance builds up also the framework for relationships – how do they operate?

Playhouse and dolls

Generally speaking women look into the future. Imagine your childhood and different games and plays that boys and girls used to do. As a boy you were probably sliding the toy car on the floor and quarreling about who can play with the white Porsche and who will have the red Ferrari.

Meanwhile girls were decorating their playhouse and cooking for their dolls. Once in a while trying to force boys to join the play and be the daddy for their home of imagination. That’s preparation for the future that girls dream about in very early age. They might create an imagination of the family before they even might know who will be the lucky one.

Relationships are actually often organized as the corporations in continental Europe.  Women set the guidelines and men execute. It’s me who vacuum cleans, but she’s the one determining when.

Sure, in a small business as a family, she, the chairman of the board, takes a big role in the operational level too. But think about it again, have you been able to decide when to empty a dish washer I just got a second kind reminder. I was able to postpone the task for an hour to be able to do some writing.

More social proof

Have you ever heard any of your friend say: “I proposed to her, because the concept of marriage is very important to her”. Or what about this: “We started to build a new house, because she thought we needed more space.”  I have witnessed both and I was convinced that many relationships are governed by the same model as thousands of corporations.

Your wife sets the course and you execute? Maybe the hedgerow has grown a bit too high and in the next moment you find yourself with the hedge shears in the backyard. In relationships women hold the seat of the chairman of the board. Women determine the course of the company by setting the strategic direction. Men conduct the daily tactical operations by being a chief executive officer.

Strategic questions confirm

As mentioned board of directors select the CEO. In business life CEOs play the role of a representative of the company. He’s the public figure towards the media, customers, suppliers, employees and other stakeholders.

The same board has the burden and obligation to let go an unfortunate CEO who has not achieved the targets set by the board. In extreme the only function of the board is to nominate and let go of the CEO. Because of the ultimate power of the chairman of the board is often a powerful influencer behind the scenes. All of it is surprisingly familiar in private relationships too.

The same day I was writing this particular chapter, my lovely partner again popped up the question I fear: “So where we will be in one year?” My brains just shout: “I don’t have a clue! Why are you asking me?” But I managed to keep my lips together and instead I mumbled the magical counter question: “How do you imagine that?”

Per se women require more confidence about the future and therefore drive to set more defined course for the relationship. It’s the chairman of the board who carries the ultimate responsibility about the future.

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No framework for relationships?

“I’m not a businessman, I’m a business, man.” – Jay-Z

World is full of business theories and concepts that explain how businesses compete, succeed and evolve. Students of business spend years of their youth to study Porter, Kottler and Mintzberg to understand business and its management. Academics and practitioners have developed their models to structure the complex reality of business and economics.

There are fewer theories that explain why private relationships work as they do. Too rarely we reflect how and why our private relationships work as they do. Inevitably both business and private relationships face their own challenges. What can we use as a framework for problem solving and development in relationships?

From caveman theory to…

Wait a moment, I hear you saying. For sure there are indefinite amount of literature that explain reasons behind the behavior of men and women in relationships. The existing literature is usually building on the differences of female and male genome that evolved during thousands of years of human history. Often they are known as caveman theories.

They explain, for instance, why men are generally less talkative than women? Why men are able to concentrate on one thing at a time or why senses of women are sharper? I’m sure you have noticed that females enjoy caressing slightly more than males do.

…Interdisciplinary approach

In the end, how genetical differences give us a full answer how relationships really operate as they do? At least I didn’t find an understanding. Luckily, I drifted into a solution through my interest in business. The better I understand business the more I can understand what actually happens in my relationship.

This blog unites business and relationships. Business is cold and relationhips are warm. Theories, examples and conclusions of this blog might awake controversial feelings.  The words are highly influenced by the fingers of a man and the straightforward brains moving those glumpsy fingers on the keyboard.

This blog is primarily written for men by a man. For that I must express my sincere apologies to the dearest female readers. Without a particular woman this blog could have never been established. Therefore I sincerely hope that also female readers decide to proceed with the blog. In most instances it’s applicable to replace words  “she”, “her” or “hers” with words “he” or “his”.

What is it in for me? Better work-life balance

As this blog is as much about business as it is about relationships I allow myself to include a brief advertisement in the beginning. Send out a link to your partner for fun or perhaps as a gentle tip. Relationship MBA started as a humorous idea and thus, hopefully, makes a smile appear time to time. The blog will work as a guide book for self-development for it’s author and all like minded people out there.

Relationship MBA is not just for businessmen. Future pieces of writing can work as a business crash course to an engineer, lawyer, doctor or another professional. Nowadays understanding of business and financials is never undervalued. The drive of economics is ever increasing in all fields of society. That fact creates work pressure in every sector from engineering to health care. It’s another reason to rehearse how businesses and relationships operate.

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