CEO CHAT : The “Power Of Many” Offsite August 23rd, 2019
WHAT WAS THE OUTCOME OF THE “POWER OF MANY” OFFSITE?
Hey Shesh, “The Three Bosses Who Changed My Life” is such a profound and inspiring article! You have been really lucky with your bosses! A quick question – what resulted from the offsite where you learnt the Power of Many?
TRUST, TRANSPARENCY AND TEAMWORK
Hi, Niraj. Yes, I have been more than lucky! My bosses took a clod of clay and shaped a professional!
To answer your question – unlike in movies, the situation did not change overnight. What happened next was gradual and organic.
First, the senior managers started trusting one another. This led to less conflict, better communication and closer collaboration. Consequently, we became more effective.
Second, the trust led to transparency. Everyone was comfortable sharing their departmental issues openly and honestly. This led to hidden problems being exposed, reviewed and resolved. So, we became more efficient.
Third, because the senior managers built a good rapport, our teams broke away from the silos that had walled them in. Cross-team collaboration steadily rose. Interdependence was accepted and embraced. The company’s goals took primacy over team goals. Therefore, we became far more productive.
What do you think was the outcome of these three evolutions?
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The answer? We doubled our revenue within two years! We almost tripled out profit in the same period!
Never overestimated the Power Of Many!
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