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Inspired and Intentional Business Podcast - Open Book Management, Business Vision, Employee Engagement, Balancing Profit and Social Impact

In the United States, according to Gallup, nearly 70% of employees are not engaged in their work. Disengagement negatively affects profitability and productivity. I believe there are 3 ways businesses can improve engagement. One, they inspire with a clear vision. Two, they practice open-book management. Three, they intentionally build collaborative, accountable, strength-focused teams. My intention is to inspire owners considering a new way to run their business and to encourage those currently fighting the good fight to balance profits and social impact. Let’s be inspired. The show will touch on business strategy, vision, internal communication, finance, accounting, organizational development, team-building, marketing, sales, and operations. Inspirations for the show include The Great Game of Business, by Jack Stack; Zingermans Community of Businesses, Ari Weinzweig, Paul Saginaw, Small Giants by Bo Burlingham, Open Book Managment by John Case, Zappos, and others.
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Inspired and Intentional Business Podcast - Open Book Management, Business Vision, Employee Engagement, Balancing Profit and Social Impact
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Dec 8, 2015

Join me for the 3rd part of my conversation with Amy Emberling, Managing Partner of Zingerman’s Bakchouse and Candy Manufactory. This week we’ll talk about:

Entrepreneurship and Innovation

A process for nurturing change within your organization

Succession planning and what keeps Amy inspired to keep improving

Here are the questions for this week’s episode:

  1. Amy said that they’re more innovative than entrepreneurial at this stage of the business, because entrepreneur to her implies more risk and boldness. When they innovate, they’re not putting the business at risk as much. At what stage is your company? Do you need to take a few more risks?
  2. Amy talked to bottom line change. Their process, as outlined in the interview (I know there’s more involved here, get one of Ari’s books and see all the details.). Big thing I got from this: if you have an idea for a change realize that you’re going to need to sell this idea to the interested parties. (Maybe teach your team sales and negotiations even if that’s not their primary role.)
    1. Make the case for the change you are proposing. (Who, what, when, where, and why. IE the reasons you want or believe this change needs to happen.)
    2. Create a draft vision for it. Remember, this means: what does it look like after the change is in place.
    3. Start shopping it around and sharing it with people. I believe the current buzzword for this is socialize the idea. This step should reveal the inevitable resistance to the proposed change. You want resistance because if there’s no resistance then people may not be paying attention or they don’t care how it is. Resistance shows a commitment and engagement to the process.
    4. Once the idea has some energy and acceptance, gather a “microcosm” of people from around the organization to help you determine who to tell about the change and how to tell it. This is your marketing team. They help reveal the parties that this may affect that you’ve not thought of.
    5. Develop first steps and start the change.

Throughout the process, people will challenge it to see if it fits the vision of the company and business unit.

3. What inspires you to keep improving? Or, are you inspired to keep improving or innovating. She talked about new ideas just coming to her all the time. Do you have that? If not, how can you re-engergize that within yourself?

4. Have you consider succession planning and the future of your organization? How can you continue the vision?

I would love to see your answers at one of the many Inspired and Intentional outlets:

You can find show notes, the questions, at inspiredandintentional.com/episode009. While there you can also sign up to be kept up to date on the latest podcasts and happenings in the world of Inspired and Intentional business news.

I can also be reached on Twitter @ToddAReed, on LinkedIn at LinkedIn.com/in/toddareed, and on Facebook, search for inspired and intentional.

You can get hold of Amy by emailing her at aemberling@zingermans.com or by calling the bakery at 734-761-7255.

Martin Seligman - http://www.amazon.com/Flourish-Visionary-Understanding-Happiness-Well-being/dp/1439190763

https://twitter.com/ToddAReed

https://www.linkedin.com/in/toddareed

https://www.facebook.com/Inspired-and-Intentional-1658283491074728/

One last favor, reviews and ratings really help other leaders looking for a podcast to inspire them. Please take a moment to review this podcast on iTunes or stitcher. There are links from my website to help you do this.

Thank you for listening and until next week, be inspired and intentional.

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