One Secret to Becoming an Effective Executive

Veteran, new and aspiring executives need methods to be successful in their organization. There are 1000s of leadership podcasts, videos, blogs, and articles but few authors address what to do or how to do it.

We have witnessed many executives who are efficient (doing things right), but few executives are effective (doing the right things). We believe this is misguided and aim to remedy the shortfall with executives.

This is the 16th episode of the Effective Executive podcast. In this episode, Tripp shares one secret to becoming an effective executive. Download our Effective Executive Starter Kit.

Resources mentioned in this episode:

  • The Effective Executive YouTube Playlist: https://the95method.com/effectiveplaylist
  • W. Edwards Deming’s 14 Points (Learnings): https://the95method.com/demingplaylist

Show Notes

[00:00:00]
The Effective Executive

[00:00:52]
Deletion of the Mind Your Noodles YouTube Channel

[00:02:37]
This Episode – One Secret to Becoming an Effective Executive

[00:04:27]
Overconfidence in Decision-Making

[00:06:37]
All the Effective Executive Education program are Built Around Learning

 

 

Transcript

[00:00:00] I am Tripp Babbitt, host of both the effective executive podcast and YouTube channel, and I try not to combine what I’m teaching too much on in the podcast. So you get something a little bit different on the YouTube channel and so forth. But this week, just because of lack of time with the holidays and everything I did, I’m going to make this particular episode a combination.

 

[00:00:27] So whether you watch it on YouTube or listen to it on the podcast, it’s going to be the same thing. So some some, I don’t know, laundry items of things that are happening. I am in the process of doing some consolidation of websites and podcasts and YouTube channels.

 

[00:00:52] And along that line, I have gotten rid of the Mind Your Noodles. YouTube channel that had just the audio of all of the podcasts on that particular station, now there were a few people that had signed up for that. That is gone. If you happen to be one of them, then you would go to the effective executive YouTube channel and sign up there. So I just wanted to make that particular announcement along that line. There are still the two playlists that I have available and I’ve put more easily remembered links to them, which are the95method.com/Demingplaylist, which is my whole interpretation of Dr. Deming’s 14 points. And I will be adding some things in there on the seven deadly diseases and system of profound knowledge as time goes by. Also, the place to start, if you are new to listening to either the YouTube channel or the podcast, is the95method.com/effectiveplaylist, all one word. And that will take you to the YouTube playlist that will have three videos in it. It kind of explains what being an effective executive is really all about it. As I’ve mentioned before, it means something and knowing, understanding that operational definition will set you kind of on the right course of what you’re listening to and how you’re listening to it.

 

[00:02:37] This episode, I want to talk about one secret to becoming an effective executive. And there was a famous quote by Dr. Deming, since I just finished up that particular series was I make no apologies for learning. And this is at the heart of everything that I have put together in my training in my YouTube channel. And my podcast is that you need to in order to be an effective executive, you have got to be able to learn and start there. So what do I mean by that? People are usually looking for the answer.

 

[00:03:24] And where I’m wanting you to start from is an answer so that you have this mindset that you may have to pivot or refine or scrap a decision and innovation, data, organizational design as you learn and go through that process. And you need to set that expectation up. And this is a huge mistake I see in organizations for the last 30 years, and that is that they make a decision, and I’ve mentioned this before in other videos, but they make it. Executives make a decision and they move on and they don’t want anybody challenging it. And, you know, we don’t go back and look at it. That is not the way to start and be an effective executive where you need to start from as from a place of, OK, I’m going to make a decision, but let’s track it. Let’s understand what’s learned from the decision that we make and. You’re not always going to make the right decision.

 

[00:04:27] Matter of fact, usually the initial decision I find to be maybe the right one, 20 to 30 percent of the time, but if you’re tracking it, if you’re with the understanding that you’re going to be learning from that particular decision, then you will pivot, pivot, you will refine or you will scrap that particular decision. Innovation and the other things that I talked about that I believe are the leverage points. So, again. It’s an answer that you’re coming up with, not the answer. Otherwise, you’re going to paint yourself into a corner. Now, there are situations out there where you require the answer. You can’t be wrong and you’ve got to go with the best answer that you can come up with from some of some of the analysis that you do or the synthetic thinking that you do. And you just have to make the best decision. But that’s that’s a rarity where you’re forced into that particular format where you have to have the dichotomy of either this or that. Usually you have an opportunity to follow and learn from something. So I am of the mindset that no decision is horrible. Unless you leave it alone and you don’t scrap and refine or pivot on a particular decision or innovation and data and so forth, so I wanted to help you understand that the one secret to becoming an effective executive is learning and setting yourself up and having methods to be able to go through and learn step by step as you go through and have a method to do that. And most organizations do not. They’re they’re too busy getting the wash out, as I say, of doing the daily work and not looking to learn.

 

[00:06:37] And therefore, no learning is done. And that set you up for failure or openings for competitors. So you will find in each one of the leverage points that I’ve talked about. So I believe the leverage points are first thing foundationally is synthetic thinking. If you become a synthetic thinker and again, if you don’t know what that is, 95 method dotcom slash effective playlist. That’s the YouTube channel that you can listen to, that you get your synthetic thinking going first, being able to look at the whole that will make better help you make better decisions. Everybody does analysis and analytical thinking. And again, that playlist will take you through those things. But the other things are decision making. That’s a leverage point. Innovations, leverage point, executive data analytics and organizational design. And they are all based on learning and learning to me mean scientific method, means plan, do study, plan, do study, act and going through a cycle of of constant learning. And this will set you far apart as an executive, this is something that, like I said, most organizations are not doing as good a job as what they should be doing. And if you have methods for those, that’s great. Then you may only want to look and see if these methods will help enhance what you have. But these are the things that I’ve set up methods for that either are in my executive effective executive education program or will be soon. So that’s what I wanted to cover this week. I hope you’re having a great holiday season and we’ll talk to you next Monday. And YouTube channel, he might talk to me before.

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