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Reaching Profit: Celebrating Success and Tackling New Challenges
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This episode of Lead for Clarity focuses on the final stage of the Process of Sustainable Growth - Profit. Shandel and Melanie discuss what profit means beyond just monetary gains, emphasizing things like team morale, effectiveness, and clarity of vision. ACTions to take in the profit stage are accomplishing the mission, conveying appreciation and celebration, and tackling the next pain point or challenge.
Properly reflecting on accomplishments and celebrating as a team builds stronger relationships and confidence to tackle what's next in the continuous process of sustainable growth. Leaders should give themselves and their teams permission to feel good about wins before moving forward. Rushing ahead without acknowledging goals being met can demoralize teams.
Tools suggested include financial planning, strategic analysis and ensuring cultural alignment as the organization expands. Additional takeaways are that growth happens in ongoing cycles, and each new challenge should be faced with optimism after celebrating wins. Sharing one's growth journey can help coach others. Maintaining momentum comes from continually seeking new ways to improve.
Key Takeaways:
- Define profit beyond just monetary gains to include team morale, effectiveness, clarity of vision
- Make time to celebrate accomplishments to boost confidence for the next challenge
- Track personal and team wins to reference past successes when facing future difficulties
- Avoid rushing to the next objective without acknowledging goals being met
- In profit stage, accomplish mission, convey appreciation, celebrate, and tackle next pain point
- Give yourself and team permission to feel good about wins before moving forward
- Consider financial planning, strategic analysis, cultural alignment as organization grows
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