biggest mistake you can make in your business - bfeexecutivepowertips - issue #2

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Issue # 2 The BIGGEST MISTAKE you can make in your business. And how it could cost you $MILLIONS… yet it’s completely overlooked

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Page 1: BIGGEST Mistake You Can Make In Your Business - BFEexecutivePowerTips - Issue #2

Issue # 2

The BIGGEST MISTAKE you can make in your business.

And how it could cost you $MILLIONS… yet it’s completely overlooked

Page 2: BIGGEST Mistake You Can Make In Your Business - BFEexecutivePowerTips - Issue #2

What happens when you hire

BAD MANAGERS?

Page 3: BIGGEST Mistake You Can Make In Your Business - BFEexecutivePowerTips - Issue #2

They EMBED themselves in your organization

Meaning it becomes DIFFICULT AND

COSTLY to identify them

Page 4: BIGGEST Mistake You Can Make In Your Business - BFEexecutivePowerTips - Issue #2

They cultivate change to benefit THEIR VISION, not

the organization’s vision

Meaning they throw you off course costing you $MILLIONS with bad strategic choices

Page 5: BIGGEST Mistake You Can Make In Your Business - BFEexecutivePowerTips - Issue #2

They DEFLECT responsibility and

accountability

Meaning they setup processes and policies for SELF-PRESERVATION

Page 6: BIGGEST Mistake You Can Make In Your Business - BFEexecutivePowerTips - Issue #2

They help employees become DISENGAGED

Meaning they DEMOTIVATE employees and disrupt positive

work culture

Page 7: BIGGEST Mistake You Can Make In Your Business - BFEexecutivePowerTips - Issue #2

They DESTROY productivity

Meaning for every $ you spend, you’re receiving LESS business results

Page 8: BIGGEST Mistake You Can Make In Your Business - BFEexecutivePowerTips - Issue #2

They breed…

Like a nasty VIRUS

Page 9: BIGGEST Mistake You Can Make In Your Business - BFEexecutivePowerTips - Issue #2

Meaning they multiply… They could hire more bad managers…

More bad managers… disengage more employees…

More disengaged employees… disengage other employees…

Disengaged employees… disengage customers…

Disengaged customers… disengage potential customers by telling them about their bad experiences

Page 10: BIGGEST Mistake You Can Make In Your Business - BFEexecutivePowerTips - Issue #2

This problem is BIGGER than supporting a bad investment

This problem is big enough to make it the BIGGEST MISTAKE you could make

Page 11: BIGGEST Mistake You Can Make In Your Business - BFEexecutivePowerTips - Issue #2

BECAUSE

IMAGINE THS

Page 12: BIGGEST Mistake You Can Make In Your Business - BFEexecutivePowerTips - Issue #2

You’re the “A” employee

You’ve report to a bad manager

The manager has placed

policies and processes that make it IMPOSSIBLE for you

to do your job well

Page 13: BIGGEST Mistake You Can Make In Your Business - BFEexecutivePowerTips - Issue #2

You either A) Risk going above their

head – Risking your credibility and your job or…

B) Hope that it gets better

Page 14: BIGGEST Mistake You Can Make In Your Business - BFEexecutivePowerTips - Issue #2

You write your ANONYMOUS HR

review but… the information is so detailed

you feel the need to OMIT CRITICAL information

Page 15: BIGGEST Mistake You Can Make In Your Business - BFEexecutivePowerTips - Issue #2

NOTHING CHANGES

You turn into a “B” employee because you’re frustrated and demotivated

Page 16: BIGGEST Mistake You Can Make In Your Business - BFEexecutivePowerTips - Issue #2

Now multiply this situation by 10, or even 100. .

It SPREADS like a virus and the symptoms and damage vary in every case…

Page 17: BIGGEST Mistake You Can Make In Your Business - BFEexecutivePowerTips - Issue #2

AND NOW…

IMAGINE THIS

Page 18: BIGGEST Mistake You Can Make In Your Business - BFEexecutivePowerTips - Issue #2

What happens if the bad manager is in HR?

The very department whose responsibilities are to prevent, mitigate and manage this very problem? How do you know they will do it effectively?

Page 19: BIGGEST Mistake You Can Make In Your Business - BFEexecutivePowerTips - Issue #2

MORE

IMPORTANTLY…

Page 20: BIGGEST Mistake You Can Make In Your Business - BFEexecutivePowerTips - Issue #2

Even when you stop the problem, the costs are enormous

The bad manager’s team are now “B”

employees and semi-disengaged

They are bitter at management for making a poor decision

Page 21: BIGGEST Mistake You Can Make In Your Business - BFEexecutivePowerTips - Issue #2

Even with a new “A” Manager, it’ll take

twice as long to turn the team around.

But… it’s better

late than never.

Page 22: BIGGEST Mistake You Can Make In Your Business - BFEexecutivePowerTips - Issue #2

How do you identify this problem? And how do you

this problem STOP

Page 23: BIGGEST Mistake You Can Make In Your Business - BFEexecutivePowerTips - Issue #2

You can follow these 3 P’s

Piss Poor

Planning

Priorities, Patience and

Planning OR

Page 24: BIGGEST Mistake You Can Make In Your Business - BFEexecutivePowerTips - Issue #2

We can help.

Page 25: BIGGEST Mistake You Can Make In Your Business - BFEexecutivePowerTips - Issue #2

www.BFEconsulting.com +1(604) 563 5028 | e-mail: [email protected]

Making things better, faster and easier isn’t a matter of native talent, it’s how we use and leverage knowledge in order to fundamentally change the way we do things. It’s about knowing where to put your time and effort, understanding how your environment operates and devising strategies to capitalize in your market.

This is exactly what BFEconsulting delivers to our clients. We help clients achieve superior business results by analyzing their current environment and optimizing their business to outperform. More importantly, we do this by taking time tested methods that have helped our clients achieve their desired outcomes in a manner that they consider better, faster or easier.

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