Without leaps of imagination, or dreaming, we lose the excitement of possibilities.   Gloria Steinem

When I was a little girl, my mother encouraged me to dream. She would often tell me … “Dream big dreams. It does not cost anything to dream.”

So as a child, I would imagine myself becoming …

possibility thinking

… A gold Olympic ice skater on one day.

… The first woman astronaut on another day.

… Then it was a toss up between a princess, a cowgirl or a Mickey Mouse musketeer on the other days.

Nobody ever told me that anything was impossible. I am grateful for those early days that shaped me to thrive possibilities.

Now that I work with leaders, I find the art of possibility thinking extinct in many companies. If you are a leader that …

• Rarely challenges the boundary conditions of your thinking
• Struggles in creating new visions that fire up you and your organization
• Freezes at opportunities and problems with no precedence,

it is time to thrive in possibilities again.

Before addressing the what and how of possibility thinking, let’s look at how over-focus on accountability is preventing possibility thinking in your organization.

Is Too Much Accountability Stifling Your Organization?

While accountability is absolutely essential to the health of your organization, from a brain perspective, it drives your focus and thinking in an opposite direction to possibility thinking.

Why?

Accountability is all about …

• Discipline
• Control
• Order
• Measurement and metrics
• Limit in focus
• Here and now
• Excellence in execution
• What is
• Stability
• Norms

Accountability actually trains your brain to think in terms of boundaries … to stay in the box … to limit your focus. That’s a good thing to a point. You need accountability to achieve your company goals.

However, for many organizations, over-emphasis on accountability stifles creative thinking, innovation and visioning. The key for leaders is to know how to intersect and integrate possibility with accountability.

If you are like many leaders, the likelihood is that possibility thinking is the weaker muscle. Let’s look at how you can change that.

What is Possibility Thinking?

The only limits to the possibilities in your life tomorrow are the ‘buts’ you use today.     Les Brown

Interact with a child and you will know what possibility thinking is. For them, the world is filled with new things to discover. Their curious minds want to explore everything around them. Their imaginations fire up as they pretend to be their favorite heroes and villains.

As we mature as adults, we lose that creative spark. We lose our inquisitive thinking. We forget how to create the world around us.   We get stuck in our sense of reality and don’t dare new horizons.

We’ve stopped believing in what is possible.

From my experience, possibility thinking …

• Is a mindset in which, as a leader, you think beyond limits (yours and your company’s).

• Asks possibility questions.

• Thinks BIG

• Challenges status quo

• Creates breakthrough solutions

If you want to see possibility thinking in action, watch this inspiring 90 second video clip.

Noah Galloway – an army veteran who lost both his right arm and leg in the Iraq War – was a contestant on last season’s Dancing with the Stars. He defied the odds in both what he could accomplish (with a metal leg and a missing arm) and how far he could go in the contest.

It’s a must watch video.   It will inspire you to eliminate excuses and reach new heights.

7 Ways to Cultivate Your Possibility Thinking

What we can do or cannot do, what we consider possible or impossible, is rarely a function of true capability.  It is more likely a function of our beliefs about who we are.  Anthony Robbins

Possibility thinking is a brain muscle. If you let yours get flabby, it needs to be strengthened again. Here’s 7 ways how.

Ask Possibility Questions

Possibility questions are critical in your leadership role because they break through the boundary conditions of your (or some else’s) thinking. They transform disempowering beliefs to empowering ones.

Here are examples of possibility questions to get you started.

• What if you could achieve ‘x’ (a seemingly impossible) goal, what would be the first step you would take?

• What leader inspires you the most? What would they do in this situation?

• How do we need to lead differently to double our growth in the next year?

• How do you know “that” (such as belief) is true? Are there any other possibilities?

• What is the ideal outcome you seek?

Find Who and What Inspires You

In NLP, one of the foundational principles is — if one person can do something, anyone can do it (through modeling).

Find the leader who inspires you. Someone whose success and excellence you would like to model. As Isaac Newton said,

“The reason I see so far is because I stand on the tall shoulders of those who have come before me.”

Once you have identified someone, the next question is: what specifically about this person would you like to model?

Externally, it could be his/her behaviors, habits, physiology, etc.  Internally it could be his/her beliefs, values, character traits and more.

For example, if Richard Branson inspires you, you might want to model his beliefs (such as, business is fun) or personality traits (such as, resilience) or values (such as, adventure). The person you pick can be someone you know or don’t know, someone alive or dead.

In a future article, I will address the process of modeling at greater length. The first step is to decide who and what to model.

Creative Destruction 

In 1942 Austrian economist and ardent capitalist, Joseph Schumpeter coined the phrase creative destruction – his theory about what drives busts and booms in the economy.

Creative destruction is the process in which new technologies, new kinds of products, new production methods, etc. made old ones obsolete, forcing existing companies to adapt or fail. Kodak is a good example of a company that failed because of creative destruction.

Given the pace of change in today’s business world, modern leadership must learn to embrace the concept of creative destruction within their companies to create new possibilities. Such as:

• What ways of thinking from your past should you obliterate to make room for a brand new future?

• What systems and structures should you destroy to keep up with change?

• How must you destructively and disruptively instigate change (before needed) to stay ahead of the competition?

“Dream One Size Bigger”

In his book, How Successful People Think, John Maxwell addresses 6 ways that possibility thinkers think. One of those ways is to dream one size bigger.

Are you a leader that tends to dream small? Do your visions and goals fall well below who you can be and what you can achieve?

Challenge yourself to dream more expansively. Push your team to set bigger goals. Ask your peers every time that you get trapped in impossibility or “realistic” thinking to step up your game. Get into the habit of dreaming one size bigger.

Change Your Beliefs

The biggest obstacle blocking your possibility thinking is your beliefs.

• Beliefs about what’s possible
• Beliefs about yourself and your capabilities
• Beliefs about the effort required
• Beliefs about the risks

and more.

Because I have covered the topic of beliefs in great detail in other articles, I recommend that you check out:

• How Leaders Break Through Sabotaging Beliefs … Rapidly
• The Secret to Rapid Leadership Breakthroughs
• Real Truths That Fuel Real Leaders

Cultivate “Out of the Box” or Lateral Thinking

My favorite expert on creative, “out of the box” thinking is Edward de Bono.

My two favorite tools of de Bono are:

• His book, Whack on the Side of the Head
• His creative brainstorming deck of cards, Creative Whack Pack.

Next time you get stuck in your thinking, I recommend the above resources to recharge your creative juices to a whole new level. They are always my “go to” tools for out of the box thinking.

DECIDE Your Leadership Future

While you may not fully embrace this one truth yet,

you are the creator of your leadership future.

 The clearer you are about who you want to become and what difference you want to make in your future, the more power you have to achieve it.

However, knowing what you want is not enough. Deciding your future – even without knowing how – is the catalyst that transforms bold dreams into reality.

Are you ready to give up your old stories that say you can’t?

Are you ready to decide your future story?

In Summary

While possibility without accountability is wishful thinking. Accountability without possibility is a dead end street.

The new frontier in leadership is knowing how to intersect the two.

What are you doing to make that leadership leap?

If you’ve enjoyed this post, I’d be grateful if you’d share it with your friends and network on Linkedin, Twitter or Facebook. Thank you!

The post Accountability to Possibility: The Next Frontier in Leadership Growth appeared first on The Empowered Business.

At the end of every year, I take a personal private retreat to clear my mind, take inventory of the past year and create a new vision for the new year.  Knowing the power of questions, at the start of each retreat, I ask myself …

What are the 10 most important questions to ask myself in this retreat to take my business (and life) to a more meaningful, impactful and prospering level in the new year?

For 3-4 days, I spend time by the ocean simply reflecting, letting go of any goals, plans or expectations.  I simply allow myself to just be.   To be a blank canvass upon which new insights, penetrating questions and inner promptings begin to emerge.

Every year I walk away with powerful questions that, simply by asking them, transform my thinking, direction and excitement for the future.

I share that with you for one reason only.  To embrace and utilize the power of questions within yourself and your organization on a daily basis.

“The one who asks questions doesn’t lose his way.”   African Proverb

Why Focus on Questions, NOT Answers? 

Our greatest shifts and changes in business and in life come NOT from answers, rather from powerful provocative questions.  Questions have the power to:

• Transform
• Open up conversations
• Solve problems creatively
• Shake up your thinking
• Build critical thinking
• Shift your focus
• Inspire new direction
• Shatter your assumptions
• Unleash potential
• Keep you aligned with your sense of identity, purpose and vision

… and much more.

In keeping with this month’s theme of building your strategic thinking muscle, below are 12 provocative strategic questions to create a new future for you and your company.

12 Provocative Strategic Thinking Questions You Need to Be Asking

Vision, Goals and Strategies

• As you envision where you want your company to be in 10 years, what BHAGs (big hairy audacious goals) do you see your company achieving?
• In order to achieve your BHAGs, what innovative ideas and strategies did you have to come up with?
• What “enemies” (external or internal) will you have to defeat along the way to achieve your BHAGs?

Markets, Competitors and Customers

• Imagine it’s 5 years from now.  What are your competitors envying the most about your company?
• What do your competitors respect the most about your company?
• What do you envision the future needs of our customers to be in 5– 10 years and how do you expect to meet them?
• What is your company the “best of” in your field or industry?
• When it comes to customers, how is your organization shifting from a “how many” to “who is our most profitable customer” focus?
• How are you staying on top of changing global, competitive, market, economic and technology trends to uncover hidden opportunities?

Changing the Inner Game 

• How are you breaking down big change in your organization into pieces too inconsequential to fail?
• How would you change if you HAD TO get 10x better/ bigger in the next 12 months?
• What do you have to do less of, to achieve more in your company?

Bonus Question

“For true success ask yourself these four questions:

Why?

Why not?

Why not me?

Why not now?”

James Allen

By no means are the above questions exhaustive.  In fact, they barely scratch the surface.

What provocative questions can you ask within your organization to build stronger strategic thinking capacity?

Share your own provocative strategic thinking questions and we will add them to this list with your name.

The post 12 Strategic Thinking Questions That Yield Big Results. appeared first on The Empowered Business.

In July of this past year, I had the honor of meeting Mike Gustafsen, CEO, Virident Systems Technology with seasoned experience in growth driven companies/divsions at the C-level.  His story as part of a panel discussion at a networking event – The Path to the C-Level – left such a strong impression that I asked him for an interview to share his secrets.

In my view, Mike embodies the essence of a great leader – a visionary, strategist, big thinker, leader of leaders, great team and culture builder, global thinker yet down to earth, authentic and the list goes on.  Prior to his current CEO position, Mike has worked as SVP & General Manager, Hitachi; CEO, BlueArc; and other senior executive positions at McData and IBM.

Leadership Defining Moments, Pitfalls and Triumphs:  What you will learn in this 30 minute audio

In this content rich, 30 minute audio interview, you will learn:

• Common themes and threads of his leadership storyline – including pivotal and defining moments in his leadership journey

• His sense of personal mission as a leader and the BIG WHY of his company, Virident Systems

• His C-level experience and lessons learned, including the pitfalls, during rapid company growth and his recommendations to other leaders of growth driven companies

• As CEO, how he has developed the leadership capacity to drive and sustain company growth

• How he and his leadership team have built a strong company culture and the role of culture in driving company growth

Caveat:  For some unknown technological reason, there was background noise on my end in the original recording of this interview.  Much of that noise has been edited out, although not completely.  We will be working on the sound quality in the future.

P.S.  Be on the lookout for future interviews with CEOs who, in their own way, have changed the game of leadership, growth and culture as their path to leadership greatness.  While many CEO interviews scrutinize strategic successes and fumbles, I have chosen to focus on personal qualities, inner drives, greatest learnings and toughest decisions as a leader in creating extraordinary organizations and companies.

___________________________________

Denise Corcoran – CEO, The Empowered Business^TM – helps growth-seeking companies develop game-changing leadership teams and organizations that drive and sustain profitable growth by design.   Denise can be reached at denise@empoweredbusiness.com or www.empoweredbusiness.com.

The post Leading the Way to Greatness and Growth appeared first on The Empowered Business.

It’s that time of the year!  Most business leaders are preparing for an executive off-site to define their company’s future direction for the new year.

Yet, in my 30 years experience of working with leadership teams and companies, the terms “vision,” “mission” and “values” are THE most overused, misunderstood and abused words in the business community today.

Vision statements, mission statements and strategic plans in many companies reduce to mere academic exercises with no real value in driving an organization forward.  Why?  Let’s take a look.

Why Most Company Visions Get an “F”:  The Big 3

1. Your company’s vision lacks the necessary specificity and inspiration to pull your company forward.That is, your vision lacks intentionality, concreteness and emotional teeth on a gut level in what you really want to achieve and who you need to become in the process.Powerful visions grab and motivate people toward your desired future. Weak visions are meaningless superlatives or vague language that have no energy and fall flat on your organization.  How would you rate your vision?
2. Your vision lacks commitment and “ownership.”There is a big difference between wanting vs. deciding a desired future.One is built on hope and maybe’s. The other is backed by 100% commitment to the outcome.The word decide in its Latin root form means to cut off all other possibilities.  While none of us can guarantee our future, owning your future will make it a reality.  Have you chosen to go the distance, no matter the obstacles?
3. Your vision lacks the necessary leadership capacity and infrastructure to drive that vision into everyday activities.While passion, specificity and commitment are all prerequisites for a successful vision, your leadership and organizational capabilities must be at the necessary level to drive it.In the words of Thoreau, “For things to change, we must change.”   The leader and organization you are today cannot take you to where you want to be tomorrow. This often missed piece is why most companies’ visions fail.

Examples of Poorly Designed Company Visions  —  Can you guess the company?

 Before we address the essential ingredients to a well-designed vision, let’s first look at examples of what not to do.

 Example 1:  “To be the most successful computer company in the world at delivering the best customer experience in markets we serve.”

This vision is generic, lacks specificity, is loaded with meaningless puff words, that it could be any company in the computer industry.

Who is this mystery company?    Dell Computers.

Example 2:  “Undisputed Marketplace Leadership.”

Yes, a well known company has adopted this vision statement to drive its future direction.   While it may sound nice as a tagline, it gets the award for pointless generic buzzwords that really say nothing.  The company?  Hershey.

Both of these visions are sadly bland and generic that they could have been thought of by high school students as a homework exercise for their economics project.  It is not what you would expect from experienced senior leaders of well known companies. 

The “Secret Sauce” to Highly Successful Visions:  7 Essential Ingredients How

A company’s vision is like a beautiful work of art.  It’s personal and it connects with you and everyone in your organization deeply. 

The capability to create such a vision is THE single most important responsibility of a leader and a leadership team. 

For your company’s vision to succeed, however, it requires more than a good feeling.  What you need in addition is:

Secret 1:  A compelling vision that wins the hearts and minds of employees, resulting in buy-in and commitment.

According to the dictionary, the word compelling means urgently requiring attention; arousing interest in an irresistible manner.

Compelling visions move employees to action with a sense of urgency, change their behaviors, give meaning to their work and inspire them to reach new levels in their own potential.

Secret 2:  A clear vision that ignites your senses – ie., a vision you can see, hear and feel – to internalize and make it real.


A clear vision should ignite the imagination.  Generating passion about your company’s vision is a right brain activity, igniting the emotional center of your brain.

Most companies’ visions are defined in intellectual, abstract and/or quantifiable terms   While quantifiable outcomes are important later, they don’t motivate people to action.

In order for your vision to excite employees and pull your company forward, it must be described in clear sensory language.  The question to ask yourself is …

As you imagine your company’s new future, what do you see, hear and feel in your mind’s eye that tells you that new future has been realized?

Secret 3:  A big vision that challenges you to bold heights.

Big, bold goals are actually easier, more fulfilling and a heck more exciting to achieve than small goals.

Yet most business leaders get stuck in small thinking because:

• They lack confidence.
• They focus on today and what’s not working, rather than on the future and what can be.
• They have no experience with big and can’t even imagine how to conceive a big bold vision.
• They are overwhelmed with short term demands at the expense of long term possibilities.

The reasons why big visions are easier?  Because they challenge status quo thinking.  They force you to go beyond your comfort zone.  They stir passions and motivations.  Bold visions also catalyze new creative thinking.  And, most importantly, thinking big actually eliminates impossibilities.

Secret 4:  A shared vision that creates synergies, buy-in and cohesion.


Failed visions are usually created by a few leaders at the top.  A successful vision represents the entire voice of your company.  Your employees want to participate in a bigger cause and be involved in the creation and execution process.

The big challenge for business leaders is to create a vision that incorporates the wants, needs and aspirations of those who will be tasked with achieving it — your employees.  Your company’s vision must articulate … what’s in it for them?

Despite what many leaders think, the collaborative process of envisioning with your employees is more important than the actual vision product.  If you hear your employees saying “That’s my vision too” or at least feel like they influenced it, only then do you have a shared vision. 

Secret 5: A concrete vision aligned with your values and purpose.


Your vision is only one stepping stone to a new future.  Your values are your compass of how to get there.  Your purpose articulates the bigger cause or why your business exist.

While having a vision, purpose and clearly articulated values are the first step, the alignment of these 3 foundational elements is what determines success or failure of your vision.

 As best selling author, Jim Collins, notes: There is a big difference between being an organization with a vision statement and being a truly visionary company.

The difference lies in alignment.  The best use of an executive retreat at this time of the year is to look at alignment issues and your plan for eliminating them.

Secret 6: A concrete vision with “feet.”


Strong visions must also be strategically sound.  They must be concrete, tangible and have a clear proof of success.

When I work with executive teams in formulating their vision, I ask them to address critical strategic questions as part of their vision to give it “feet.”  Such as …

• What obstacles and challenges did your company have to overcome to achieve your vision?  What did you have to do extraordinarily well?
• What “enemies” (external or internal) did you have to defeat along the way?
• What do your competitors now envy the most about you?
• What new boundaries … ie, what you said ‘yes’ and what you said ‘no’ … did you need to have in place?

Secret 7:  A memorable vision that tells a story.

To create a powerful vision, you must articulate it as an unfolding story – both about the destination and the journey.

Why a story, not a statement?  Most visioning and vision statements miss the pathos element, or emotional connection. If I got $5 each time a company’s vision declared becoming the employer of choice or a talent magnet, I would have retired a long time ago :).

Vision stories, however, unite, create trust, are easy to remember and are transformative.  Great vision stories reveal the hero within us all. 

What is the future vision story that your leadership team will write that ignites the energy and the emotion to sustain action  on days even when nothing seems worth it?

Contact me for specific resources to get started on your memorable vision story.

As your leadership team gets ready for 2014, may you get started writing your magnum opus company’s future story.  May your visions allow you and your company to become larger than what you ever thought was possible.  Happy 2014!

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Denise Corcoran – CEO, The Empowered Business^TM – helps growth-seeking companies develop game-changing leadership teams and organizations that drive and sustain profitable growth by design.   Denise can be reached at denise@empoweredbusiness.com or www.empoweredbusiness.com.

The post Creating a Vision That Pulls Your Company Forward appeared first on The Empowered Business.

Purpose — different than a company’s mission — is the single most important factor driving intrinsic motivation in companies.  When your employees understand and align with THE reason why your business exists … your rallying cause … your contribution to the world that — above all else including salary, bonuses and perks — will catalyze top performance.

One of the best exercises I have seen for uncovering purpose, comes from Daniel Pink’s book, “Drive:  The Surprising Truth About What Motivates Us,”  called “What’s Your One Sentence?”  Watch this 2 minute video from Daniel Pink himself, offering sample “one sentence” purpose statements from grammar school kids to adults.  I was deeply moved with the power and simplicity that a single sentence — with meaning and purpose — can have.  Enjoy!

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