Saturday, 28 November 2020

Horses for Courses!

 In the world of thoroughbred horse racing there is an old and time tested axiom.  It says that there are ‘…horses for courses…’ 

There is a wide variety of events in which these horses compete.  Some are sprinters; some are more suited for distances.  Some prefer grass; others perform best on dirt.  Some run well on muddy tracks; some only on dry days.

The point is that the owners and trainers of these animals need to know their horses’ characteristics and abilities if they are to perform at their best and thus provide the greatest likelihood of victory.

In your business it is critical that you have a realistic appreciation of the skills and abilities of those on your team.  It makes no sense trying to get blood from a stone.

Frank McKeown, a consultant and mentor I know put it best this way.

“…it is better to have an average strategy well executed than a great strategy poorly executed…”  Makes sense to me.

Clearly you want to have a great strategy well executed.  But if your team members are not up to the task, you still need to be making an effort to improve, even if that improvement is incremental rather than exponential.

In these instances you obviously have two parallel strategies.  The first is to deliver a strategy that can be implemented with the personnel resources you have.  The second, and coincidental, is to improve the quality of your resources.

Don’t assume that replacing people is the problem.  It may be ; but what is your contribution to their performance? 

Have they been properly trained?

Are they in the correct roles?

Do they have the tools to do the job?

Have you done a good enough job in communicating and motivating them?

Have you created an environment in which people excel?

There are many other factors that can contribute to individuals failing to reach their full potential.  As the leader, that is your responsibility.  The ‘…horses for courses…’ applies as much to you as it does to your team.

Strategy is important…but execution trumps strategy every day.  Take a long, hard look at your horses before you decide where to run them!

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