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GWC Basics

GWC Basics

GWC ™ Basics: Do You Get It? Do You Want It? Do You Have the Capacity to Do It?

These are three key questions that author Gino Wickman asks business owners and leadership teams in his book Traction to ensure the right people occupy the right positions in your company. I am fascinated with figuring out people’s talents and helping them achieve personal success in life based on discovering their unique talents so this concept intrigued me. The key concept in this book is EOS, which stands for Entrepreneurial Operating System. EOS identifies Six Key Components of any organization. The entire book is very insightful and today I want to share the “People Component” with you.

In the book, Wickman created a practical tool that you can use in your business to ensure you have the “right people in the right seats”—another great concept introduced by Jim Collins in his book, Good to Great. This tool is called the “People Analyzer.” First, you need to know if you have the right people, then you need to put them in the right seats.

According to Wickman, “The right people are the ones who share your company’s core values. They fit and thrive in your culture. They are people you enjoy being around and who make your organization a better place to be.” His formula is: Core Values + People Analyzer = Right People.

In addition to the company’s core values, Wickman introduced another set of parameters to see if your employees are the right people for your company. These “assets” (as he calls them) are:

Get it: Do your employees really get the concept of the specific job and role they’re in? Do they understand the culture, the systems, the company’s pace, and “how the job comes together”? In other words, do your employees “get it”?

Want it: Do your employees truly want the job they’re in? Do they want the new opportunity or promotion you’re offering to them? Are they willing to work the extra hours, for example, to be successful in the position?

Capacity to Do it: Do your employees have the “mental, physical, and emotional capacity to do a job well”? Are they smart enough to do the job (intellectually)? Do they have the time to work more hours (even if they want to, can they?)?

The People Analyzer tool consists of two areas then: 1) List the company’s core values (up to the top five) and rate each employee with a “+” if they exhibit that core value 100% of the time, “+/-“ if they exhibit that core value some of the time, or a “-“ if they don’t exhibit that core value most of the time. 2) Add the three key assets of Get it, Want it, and Capacity to do it (GWC) to the chart as the last three columns. Write the names of each employee in each row and rate them under each core value and asset. The results should be measured against a bar you establish with the minimum number of core values and assets you’re willing to accept as positive (i.e. employees have to match four out of five core values and have a positive score on the three assets of GWC). Employees who match your criteria are considered “the right people” for your company.

The tough decision comes when you, as the business owner or leadership team, end up with one or more team members who need to go because, for one reason or another, they no longer fit in your company. Wickman’s experience shows that most companies experience significant growth after the wrong people are let go of the company. The other team members are grateful and the ones who left ultimately find a better place where they fit and where they can use their talents best.

I encourage you to explore the GWC basics and to, at least, explore asking the questions: Do I have the right people in the right seats in my company? Do my employees Get it? Do they Want it? and Do they have the capacity to do the job? You will get very interesting results. You may also, as an employee, want to ask yourself these questions and see how you respond.

GWC, Six Key Components, People Analyzer, People Component, EOS and the Entrepreneurial Operating System are trademarks or registered trademarks of EOS Worldwide, LLC.

A Talent Management Program Facilitates Seamless Succession

A Talent Management Program Facilitates Seamless Succession

Having spent over twenty years involved in human resources and developing talent management programs, I believe the best way to approach management succession planning is by taking a broad perspective. Instead of focusing on the potential problem of succession planning for the top positions of your organization, consider a talent management program to address succession planning at all levels. These six steps will help.

  1. Create and maintain a pipeline of prospect candidates. Meet with prospective employees the same as you meet with prospective clients. Conducting informational interviews when you’re not looking to fulfill certain positions is extremely effective. It’s also a good idea to establish and maintain a great relationship with recruiters. The same recruiters who invite you to move to another organization can provide connections. Even though hiring talent through recruiters can be expensive, there may be times when you will need to use their services. Also, tap your network of friends and colleagues (and employees) to get referrals. Job hunting, whether you are on the searching side or the hiring side, is all about who you know. Lastly, visit colleges to recruit young talent.
  2. Establish and use an education and training budget. Invest in educating all your employees through college tuition reimbursement and technical skills certifications. Many organizations establish a training budget but it’s the first thing to get cut in hard times. Unfortunately, many employees — especially the top talent who are usually lifelong learners — leave the organization due to lack of educational opportunities. Education through webinars, on-site seminars, conferences, internal training programs and subscriptions to industry publications is important.
  3. Establish a career development path for all employees. Discover your employees’ talents through assessment tools, interviews and performance reviews. These are great opportunities to get to know your employees’ strengths and maximize them at your institution. Align your employees’ career aspirations with company needs by providing opportunities within the company but also by encouraging participation in community activities.
  4. Create an employee personal development program. Develop your employees’ soft skills, i.e., presentation, negotiation and time management skills. All are crucial to succeed in business. Additionally, your top talent — the people you have in mind to promote into future leadership positions — need management and leadership development. Unfortunately, many industries have reduced their investment in soft skills in the past two decades. It’s time to invest in the soft skills as well as the technical ones.
  5. Support a mentoring program. Develop internal mentoring programs — both formal as well as informal. It can be as simple as pairing a mentor and a mentee to work on professional development. Some organizations establish a formal program where they require participants to report progress, time spent, goals, etc., but informal mentoring relationships can be just as successful. Encourage your employees to seek mentors and to mentor others. More seasoned employees have much to offer younger employees. But you can also encourage young employees to mentor youth through community organizations. Learning to mentor as a young professional can help the next generation know what to look for in a mentor for themselves. Also, be open to “reverse mentoring” which is when younger workers mentor older workers in specialized areas such as using new technology.
  6. Identify key positions that require specialized skills. Many institutions are already experiencing the departure of long-term talent. This is happening at all levels and it must be addressed quickly. The president/CEO, as well as Director positions, need to be a focus of succession planning and should be discussed at the annual strategic planning sessions with the board members present. Consider establishing an age limit for directors to ensure succession is planned in advance.

Planning for the succession of other key positions in the institution is equally important. Examples of those positions are the senior leadership, your IT leader and operations staff who have been with the organization for many years.

A successful succession plan will take into consideration people’s individual gifts to ensure they are a good match to the positions that needs filling. As you plan for management succession through your talent management program, start with a broad view by establishing a strong talent management program in your organization and the succession issue will take care of itself.

Books by Marcia Malzahn