Oct. 30, 2023
Bonus Episode 67: The Key to Team Transformation - Help Your Team Members to Become Better
Send us a text Imagine supercharging your team's performance and productivity, while simultaneously improving their daily work experience. This episode promises to hand you the keys to that transformation. In the episode, I will discuss five key actions that revolve around enhancing your communication skills, scheduling routine 1:1 meetings, eliminating roadblocks, developing Individual Development Plans, and sculpting unique pathways for success. Please connect with me on: 1. Instagr...
Imagine supercharging your team's performance and productivity, while simultaneously improving their daily work experience. This episode promises to hand you the keys to that transformation. In the episode, I will discuss five key actions that revolve around enhancing your communication skills, scheduling routine 1:1 meetings, eliminating roadblocks, developing Individual Development Plans, and sculpting unique pathways for success.
Please connect with me on:
1. Instagram: stephen.mclain
2. Twitter: smclainiii
3. Facebook: stephenmclainconsultant
4. LinkedIn: stephenjmclainiii
For more resources, please visit Finance Leader Academy: financeleaderacademy.com.
- On the website, you can download the Become a Finance Leader Guide. You can use this guide to build your Finance Leadership skills so you can help senior leaders develop and execute the strategy.
- I also offer a course, Advance Your Finance and Accounting Career: Developing a Promotion Strategy that Sets You Apart.
Transcript
WEBVTT
00:00:00.281 --> 00:00:03.189
Hi, this is Stephen McLain of the Finance Leader Podcast.
00:00:03.189 --> 00:00:06.309
This is Bonus Episode Number 67.
00:00:06.309 --> 00:00:09.407
Hey, it's another great week to get some things done.
00:00:09.407 --> 00:00:19.949
In our world of finance and accounting, I get on fire when I get a chance to work on the numbers, but I especially get on fire when I get a chance to help out people that I work with.
00:00:19.949 --> 00:00:24.871
A key task of all finance leaders is to make the people around us better.
00:00:24.871 --> 00:00:31.089
It's our obligation, it's our duty and it should be our passion and mission every single day.
00:00:31.089 --> 00:00:44.646
I have talked about this topic a few times, but I wanted to share a simple plan and reminder how we, as finance leaders, can help our team members to become better and to improve their daily work experience.
00:00:44.646 --> 00:00:47.725
So here's how we can help our team members.
00:00:47.725 --> 00:00:49.329
Number 1.
00:00:49.329 --> 00:00:51.386
Clarity in our communication.
00:00:51.386 --> 00:01:08.751
If we are not clear when we communicate with our team members or with anybody, we can cause confusion and most of the time it leads to wasted time and wasted effort because they may not know what needs to be done or even the reason or purpose for why something is.
00:01:08.751 --> 00:01:14.430
Wasted time and wasted effort is lost opportunity to increase value.
00:01:14.430 --> 00:01:18.028
We go backwards when our communication is not clear.
00:01:18.028 --> 00:01:19.150
Number 2.
00:01:19.150 --> 00:01:23.129
Schedule a routine 101 meeting with all of your team members.
00:01:23.129 --> 00:01:39.069
The 101 meeting is a great opportunity for you and your team members to seek greater clarity around tasks, around performance, for expectations something they may need from you to synchronize schedules and many other great topics.
00:01:39.069 --> 00:01:41.185
Make time for these meetings.
00:01:41.185 --> 00:01:45.328
They are incredibly valuable and help everyone to become better.
00:01:46.069 --> 00:01:46.652
Number 3.
00:01:46.652 --> 00:01:49.427
Remove obstacles and unnecessary tasks.
00:01:49.427 --> 00:01:53.929
Information leads to a bad work experience and wasted time.
00:01:53.929 --> 00:01:58.489
It's our job to eliminate obstacles to task completion or problems.
00:01:58.489 --> 00:02:00.484
It could be a resource issue.
00:02:00.484 --> 00:02:04.969
Your team members may be lacking a key resource and even training.
00:02:04.969 --> 00:02:13.168
Find out why tasks are taking longer than expected and find a solution to help your team members get more efficient and more effective.
00:02:14.060 --> 00:02:14.442
Number 4.
00:02:14.442 --> 00:02:16.163
Individual Development Plans.
00:02:16.163 --> 00:02:21.151
Every team member, including yourself, must have an Individual Development Plan.
00:02:21.151 --> 00:02:24.108
It's critical to improvement and advancement.
00:02:24.108 --> 00:02:29.801
It should list out goals and what skills and training that must be improved to accomplish those goals.
00:02:29.801 --> 00:02:31.307
Number 5.
00:02:31.307 --> 00:02:34.247
A pathway to succeed in advance.
00:02:34.247 --> 00:02:39.450
Every person has their pathway, which should match up to their long-term goal.
00:02:39.450 --> 00:02:43.888
How can you mentor your team members to accomplish their goals and to gain?
00:02:43.888 --> 00:02:46.052
Plan a unique pathway for them?
00:02:46.800 --> 00:02:49.769
I want to talk more about career pathways in the future.
00:02:49.769 --> 00:02:57.848
So please remember that helping our team members succeed and becoming better is one of our most important duties as finance leaders.
00:02:57.848 --> 00:02:58.883
I love it.
00:02:58.883 --> 00:03:07.408
We are now almost in November, so it's time to wrap up those CPEs for the year and to get them turned in so your certification does not lapse.
00:03:07.408 --> 00:03:13.912
Your employer may have other CPE requirements too, so let's get those done on time and turned in.
00:03:13.912 --> 00:03:16.889
Also, please check out Finance Leader Academy.
00:03:16.889 --> 00:03:19.127
I offer a course called Advanced your Career.
00:03:19.127 --> 00:03:22.628
I added a link to the show notes so you can preview this course.
00:03:22.628 --> 00:03:30.848
There is an introductory video there to explain how this course can help you, and please download the free Become a Finance Leader Guide.
00:03:30.848 --> 00:03:32.786
I know that that can help you too.
00:03:32.786 --> 00:03:40.010
Now have a wonderful rest of your week, keep working on your goals and thank you for choosing the Finance Leader Podcast.
00:03:40.010 --> 00:03:41.324
Until next time.
00:03:41.324 --> 00:03:42.614
Thank you for listening.
00:03:42.614 --> 00:03:43.379
Take care.
00:00:00.281 --> 00:00:03.189
00:00:03.189 --> 00:00:06.309
00:00:06.309 --> 00:00:09.407
00:00:09.407 --> 00:00:19.949
00:00:19.949 --> 00:00:24.871
00:00:24.871 --> 00:00:31.089
00:00:31.089 --> 00:00:44.646
00:00:44.646 --> 00:00:47.725
00:00:47.725 --> 00:00:49.329
00:00:49.329 --> 00:00:51.386
00:00:51.386 --> 00:01:08.751
00:01:08.751 --> 00:01:14.430
00:01:14.430 --> 00:01:18.028
00:01:18.028 --> 00:01:19.150
00:01:19.150 --> 00:01:23.129
00:01:23.129 --> 00:01:39.069
00:01:39.069 --> 00:01:41.185
00:01:41.185 --> 00:01:45.328
00:01:46.069 --> 00:01:46.652
00:01:46.652 --> 00:01:49.427
00:01:49.427 --> 00:01:53.929
00:01:53.929 --> 00:01:58.489
00:01:58.489 --> 00:02:00.484
00:02:00.484 --> 00:02:04.969
00:02:04.969 --> 00:02:13.168
00:02:14.060 --> 00:02:14.442
00:02:14.442 --> 00:02:16.163
00:02:16.163 --> 00:02:21.151
00:02:21.151 --> 00:02:24.108
00:02:24.108 --> 00:02:29.801
00:02:29.801 --> 00:02:31.307
00:02:31.307 --> 00:02:34.247
00:02:34.247 --> 00:02:39.450
00:02:39.450 --> 00:02:43.888
00:02:43.888 --> 00:02:46.052
00:02:46.800 --> 00:02:49.769
00:02:49.769 --> 00:02:57.848
00:02:57.848 --> 00:02:58.883
00:02:58.883 --> 00:03:07.408
00:03:07.408 --> 00:03:13.912
00:03:13.912 --> 00:03:16.889
00:03:16.889 --> 00:03:19.127
00:03:19.127 --> 00:03:22.628
00:03:22.628 --> 00:03:30.848
00:03:30.848 --> 00:03:32.786
00:03:32.786 --> 00:03:40.010
00:03:40.010 --> 00:03:41.324
00:03:41.324 --> 00:03:42.614
00:03:42.614 --> 00:03:43.379