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Create Your Own Economic Stimulus Program!
Economic ups and downs happen and
quite frankly, if your budget's cut or you are
asked to do more with less, then you're in the
midst of your own slowdown or recession! Whatever
the cause or severity of your organization's hard
times, there are steps you must take to create
your own stimulus as a leader to solve the
problem. Its like any other -- albeit a large
one. First is a focus on the basics.
Perform "X-Ray" exercises on your challenges by
working with your team to examine what you do, how
and why you do it plus how you might do it
better.
1. Identify the challenges
2. Uncover potential opportunities
3. Develop action plans based on;
(a) the best possible proven solutions for
addressing the challenges, plus
(b) leverage the opportunities again applying
proven methodology
4. Implement your plans
5. Monitor results, learn from successes and
failures then make needed adjustments, and
6. Celebrate!
Here's a sample exercise;
1. Identify the challenges
One of your challenges may be that you are not
able to provide all the training think the
organizations needs because your training budget
is cut or you are faced with reducing your
training headcount.
2. Uncover potential opportunities
As a result of your training budget issue,
sustaining your training programs becomes a
challenge in and of itself. Opportunities you
uncover might include -- (a) Invite the
trainer onsite to your facility to minimize travel
and hotel costs to off-site live training, or/and
(b) You can work with the trainer to
deliver the training online via a web conference.
However, if you can afford it I recommend you
train your team off-site and in an interactive
setting. Adults learn better that way.
3. Develop action plans
When you create your plan of action, you would
want to justify what you are doing. You would
also want to minimize your risk of failing. For
example, your plan should seek to select programs
modeled after what is proven and validated not
experimental.
4 & 5. Act to Implement your plan.
It is advisable to document your actions and
findings because you'll learn much more from what
you've done, what worked and what did not work.
Finally, you may also come away with some great
methodologies for the bad and the good time.
6. At the end, Celebrate! I dont
think we do enough of this. Save some room in
your planning so in the end, you and your team
have something left over to truly celebrate. And
it doesn't have to be expensive either, although
if you have enough left over, you can make it so.
It makes us better leaders and managers.
Ok, I made it sound easy and it is! Although it
can be quite trying.
We wish you and yours a very Merry Christmas season and a
great year in 2009.
Much
success,
Sobem Nwoko
Publisher & Editor-in-Chief
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