On today’s episode we are talking about how you have control over your organization’s predictability and how that’s a measure of success.
Luis Scott prides himself in growth. Whether it is in his personal life or professional life, he is always looking to find the slight edge that will put him ahead of the competition. An avid reader, he reads over 50 books per year on personal development. Luis believes this habit over the last 10 years has positioned him in multiple organizations to double and even triple their revenues. As the managing attorney of the firm, he manages over 150 employees and contractors around the state and has led the firm to be recognized by the Atlanta Business Chronicle as one of the fastest growing businesses in the State of Georgia.
Key Takeaways:
- Predictability is the Ultimate Peace of Mind: Creating predictability in business operations, especially in finances and outcomes, leads to peace of mind for both individuals and organizations. It ensures that tomorrow is not a guessing game and that essential needs can be met.
- Grit and Consistency: Achieving long-term predictability requires consistency and perseverance. Dr. Angela Duckworth’s concept of “grit” emphasizes the ability to perform monotonous tasks consistently over an extended period without losing enthusiasm.
- Routine and Intentionality: Establishing a daily routine and adhering to it intentionally can contribute to personal and professional predictability. This routine can include habits like waking up early, regular exercise, and structured workdays.
- Operational Predictability: Businesses should focus on creating efficient systems, policies, and procedures to maintain operational predictability. Standardization of processes and employee training are essential components.
- Leadership’s Role: Effective leadership is crucial in translating the company’s vision and mission throughout all levels of the organization. Leaders should ensure that employees at every level understand and align with the organization’s goals to create a cohesive and predictable workforce.
- Leadership and Intention Matter: Effective leadership and a clear intention are crucial for a company’s success. Leadership should prioritize the customer experience and be committed to building great people within the organization.
- Details Matter: Paying attention to the details can make a significant difference in the success of a business. Neglecting details can lead to negative impacts on the company’s reputation and customer experience.
- Maintain Identity and Differentiation: Companies should maintain their identity and focus on what makes them unique. Trying to compete on multiple fronts without a clear differentiator can lead to confusion and loss of market share.
- Tribe-Like Culture: Building a strong company culture where employees feel connected and aligned with the company’s mission is essential. This sense of belonging and shared purpose can drive the company forward.
- Long-Term Perspective: Both employees and employers should adopt a long-term perspective. Employees should aim to build expertise and meaning in their careers, and employers should invest in their employees for the long haul, as this can lead to more significant success and growth in the future.
Top 3 Takeaways:
- Leadership is important. And everyone can be a leader. It’s just a matter of loving what you do and loving the people you serve.
- Look for meaning not just happiness.
- Companies grow when they dedicate themselves to growing people not just building profits.
How to connect with Luis:
Website: https://luisscottjr.com/
