Have you ever led “from the outside?”
It’s a common occurrence; a family-owned company realizes it’s time to bring in new leadership blood – literally – or a corporation hires a new leader from the outside. As the new leader you come to the table with a valued set of experiences and skills.
But the simple fact that you come “from the outside” provides leadership challenges that you may have never faced before.
Four Key Priorities
What are the four key priorities you need to address as a new leader coming from the outside to a family-owned business or even a corporation?
- Vision
- Talent alignment
- Connecting with your team
- Organizational culture
Let’s look at each of these individually.
Leadership Vision
If you are being hired by a family-owned business to run the company as the first outsider then your first order of business – before you even take the job to be honest – is to make sure that your vision for where you wish to take the company is accepted by the family.
If the family has a different vision for the company and its future than the one you plan to work toward, then you are set up for failure from the start.
Make sure that during the interview process you clearly outline for the family members you will be working with, who will either be on your leadership team or serve on the Board of Directors, what your vision for the company looks like. Don’t take the job unless you have agreement and support from the most influential family members.
Once you are on board the company, communicating your new vision clearly to all employees will be critical. Do so with the visible support of key family members. Expect employees to look to family members for non-verbal cues of their level of support for you and for this new vision.
If you and the family are fully in sync, then both you and the company are positioned for success. All of this holds true for new leaders of corporations as well; full support of your vision by the Board of Directors will be essential for success.
Talent alignment
Once you have clearly communicated your vision throughout the organization, your next step is to ensure that you have a strategic plan to achieve your vision, with the right talent in place to execute your strategies.
This is the number one thing CEOs wish they’d done sooner when they accepted their CEO role.
Think about it this way:
- Each organizational strategy must support the company’s vision in order to move effectively toward it.
- Supporting each strategy should be a team that is properly aligned to execute the strategy.
- Each role on the team should be filled with people who are an excellent fit for the role, including experience and strengths to excel in the role.
This talent alignment strategy will ensure that your team is properly positioned to bring the new vision to life.
Connecting with your team
Perhaps more importantly, when it comes to your talent priority, is the need to fully connect with your team members individually.
As a new leader I think it’s critical for you to connect with your teams on a very personal and individual level.
When I led a new team I would sit down with each of them individually and make sure that they were in roles that were an excellent fit for them and that they were empowered with the support and learning opportunities they needed to succeed and advance.
I also spent time asking them what motivated them and was rewarding to them. In each case it was something different. I think one mistake leaders make is assuming everyone is motivated in the same way, and enjoys being recognized in the same way. This is simply not true.
Taking the time to get to know your team on an individual level seems so obvious, but many new leaders fail to take the time to do this. If you empower each team member for success, and if you ensure they clearly understand their role and how it fits in the bigger picture, they will help make you a more successful new leader.
Organizational culture
As a new leader from the outside, especially in a family-owned business, assimilating into – or even attempting to change – the corporate culture may be your most difficult challenge.
It’s important that you get a good sense of the culture before you take the job. Ask people on the line and in the cafeteria what the real values of the organization are. See where there are patterns of similarity in their response. What really gets rewarded? Do employees have a work-life balance and is it encouraged? Is there something about the culture – and about the stories that are the organization’s “lore” – that support organizational growth or that hinder it?
You’ll want to be sure that as a newcomer you will be comfortable in the new culture. If you believe that something about the culture needs to change, you’ll need the support of the Board to make this happen. You’ll also need a plan to bring about the change and to create and nurture the new “organizational stories” that are the foundation of a company’s culture.
Do you agree with these four priorities? Have I left anything out?
Please share in the comments and please join me and my Leadership Chat Co-Host Steve Woodruff tomorrow, Tuesday, July 12th at 8:00 pm Eastern Time on Twitter for our next edition of #LeadershipChat!
Our topic will be, “Leading from the Outside.”
RELATED POSTS:
5 Truisms About Leadership and Corporate Culture Leaders Cannot Ignore
Leadership 101: Values as a Bridge to Vision
Leadership 201: Paddling Toward a Vision
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Photo is New Guy by runneralan2004.
6 Response Comments
Lisa –
Excellent feedback – if I may add an underlining point that is a priority (especially with Family Owned Businesses) it is the incredible need to build TRUST. So, very important (and I am sure, you have that covered under VISION and CONNECTING W/Your TEAM) My experience with my own family business is what the lack of trust can do – and I don’t just mean trust in the very simpliest terms…but more importantly, trust from the owners in getting the job done, trust from the owners that empowers you to get the job done. Getting the family owners to allow you to do your job without stepping in and taking over, therefore limiting your involvement, is crucial.
Thanks Lisa for the post – as always, very thoughtful!
SPGonz
Thank you for the kind words, Steve. And more importantly, thank you for that critical addition. I love that you are linking the trust to the empowerment – what a tremendous insight and of crucial importance! Hope to see you tomorrow night on #LeadershipChat and hope you’ll share more about your experiences then!
So many challenges stepping into a family owned business and you’ve outlined vital components to doing this successfully. I reiterate Steve’s comment above about building trust. And leaders have to be patient while building trust!
Hi Billy,
Thanks for adding your thoughts and for mentioning another key component – patience. As an Italian, I know how hard that can be. 😉 Thrilled to have you here as a reader and hope to see you tomorrow evening at #LeadershipChat!