61: Misalignment of People Strategy With Business Strategy
Today on the show Nana is joined by Everet Bluth, President and Owner of IRI Consulting, LLC. Everet is on Build Value By Choice to discuss the misalignment of people and business strategy that causes major problems within businesses of all sizes. Everet is an expert in building a great business culture that allows employees to thrive and enjoy their work for long lasting careers.
KEY TAKEAWAYS
- To ensure that your people strategy aligns with your business strategy you need to decide on what results you want and make sure everyone is on board with where you’re going. Once you know that you break it down into a strategy to help you get there. Then when you know that you can make ‘job targets’ to identify people who can achieve those strategies in their job role.
- Hiring someone new is always a risk, you don’t see who they are fully until they’re on the job.
- Most companies have to go to war with the talent they have right now with the current difficulties in hiring quality employees. If you can fit your existing employees into the roles you need done then that allows you to be as efficient as you can be.
- Some of the signs that your team may not be correctly aligned are productivity, missed deadlines, sub par products or services, and conflict and frustration in the workplace.
- Remember that under delegating is just as dangerous and over delegating.
BEST MOMENTS
‘I stay out of the way until I need to jump in and help out’
‘If you do that right on the front end then the problems in the downstream will be fewer’
‘We work better when we understand our teammates’
EPISODE RESOURCES
linkedin.com/in/iriconsulting
IRI CONSULTING LLC
VALUABLE RESOURCES
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ABOUT THE GUEST
Everet is President and Owner of IRI Consulting, LLC. He joined IRI in 1996 as Chief Operating Officer and Director of Research, and assumed ownership of IRI in July 2009. During his tenure at IRI he has expanded the business on a global scale, serving companies in North and South America, Canada, Europe, the Middle East, and Asia.
Prior to joining IRI, Everet was a Senior Management Consultant at the Federal Reserve Bank of Dallas where he completed many internal consulting projects on both local and national levels. His leadership and work on a national project earned him the Federal Reserve Bank of Dallas President’s Award for Excellence and the United States Secretary of Treasury Award for Distinction in Financial Systems Improvements.
Everet holds a B.S. in Management Science and an MBA, majoring in Statistics/Decision Sciences. He was an adjunct professor at the University of Dallas’ Graduate School of Business. Using his fluency in Spanish, Everet has consulted extensively with clients throughout Latin America. Everet enjoys spending time with his family, woodturning, hiking, and horseback riding any chance he gets, to stay in touch with his roots.
PODCAST DESCRIPTION
Hosted by Nana Bonsu of Infinite Horizons, this show aims to serve small business owners who want to grow their businesses while reducing their own personal involvement. We do this through a combination of interviews with industry leaders, and host presentations. We are certified value builder advisors and leverage a statistically proven methodology to help clients such as you scale or transition their business to the next chapter.
We care for our listeners and see their dreams as our own. We aim to foster a community that embraces freedom, generosity, and integrity. This is a show by entrepreneurs and business owners for entrepreneurs and business owners.
ABOUT THE HOST
Nana Bonsu:
“I am an entrepreneur and ex-Corporate Executive who’s applying his experience and knowledge from working in various ways to pursue my passion of helping small business owners increase their choices in life by leveraging my knowledge and experience, their employees, systems and money. I help small business owners transform their business and increase value through action-oriented education and implementation of strategies and tactics to make their business sellable even if they are not planning on selling. Known for establishing an environment for personal growth and development. My multicultural background equips me with the intuitive understanding of different cultures and how they impact business owners.”
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