Five Steps for Entrepreneurial Management with Kris Plachy
Play • 27 min

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Kris Plachy is considered THE thought leader and expert for entrepreneurial management. Kris has poured her life’s work into learning about - then teaching - how to lead a team. In a space where there is a lot of noise and advice, Kris has designed the "how-to" of team leadership through her “Five-Step Management System." Kris knows without a doubt, there is no challenge you are facing as a leader that she can’t help you solve.

LEADERSHIP INSIGHTS

  • Knowing your vision helps in the hiring process.
  • We all have values and expectations. You need to know how to communicate them and develop them within your business because your values and common sense are not always the same as others.
  • In a traditional business, job/role descriptions are common, but they don’t mean much. In smaller businesses, people may be hired, but their role is not particularly clear.
  • After establishing expectations, integrate them into conversations, feedback, and other results-focused interactions.
  • Performance is not an opinion.
  • Get buy-in at the beginning of someone’s tenure in their position so anytime they meet or do not meet expectations—especially when they do not meet expectations—it does not need to feel like a personal issue.

QUESTIONS TO INSPIRE US TO ACTION

  • What is some lesson, saying, or experience that continues to influence your leadership to this day? A couple of challenging bosses early in her career that taught her just as much (from a negative perspective) as other, good bosses.
  • Use three descriptors to finish this sentence: “A leader is…” Self-aware, transparent, and authentic.
  • What is a question that leaders should be asking either themselves or others? How is my bias influencing how I lead?
  • What book would you recommend to leaders? What Got You Here Won't Get You There by Marshall Goldsmith
  • If you could get every listener to start doing something THIS week to help them be a better leader, what would it be? 1. Have a compelling reason or vision for doing what you do, 2. clarify your values and expectations, 3. make sure your team members have clear roles and responsibilities, 4. make sure there are measures to track contribution, and 5. follow through and provide feedback.
  • As a general life principle, is it better to ask “why?” or “why not?” “Why?” because of being challenged to see the connections between things as a child.

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