Franchise Update Magazine Issue II, 2014 | Page 25

BY BILL WAGNER If Six Were Nine Evaluate your direct reports to accelerate growth R ecently, I presented at a CEO peer-to-peer group in Ottawa and was having dinner with the group’s facilitator, Carlos Fox. Carlos has a game he plays with his CEO members and it goes like this… Rate your direct reports on a scale of 1 to 10, 10 being excellent. I’d like you to consider their performance, but more so their potential. The challenge is that you can use only two numbers, 6 and 9. Clearly a 9 is a person who is a great performer as well someone with high potential. There are two types of 6’s: one will always remain a 6 and will rarely grow beyond a 6; the other has the potential to grow to a 9 in a relatively short time. We are always looking for ways to measure leaders and their capacity. We are looking for ways to justify a decision about hiring, promoting, and/or keeping an employee, and we want to have more objective feedback in this pursuit. Consider evaluating your direct reports and rating them with either a 6 or a 9. Here are six questions that may help you in the process: 1. Think about the positions that report directly to you. Are they more strategic or tactical in their requirements? Then compare the behavioral requirements of the position to the capacity of your direct reports. 2. Do your direct reports think more strategically or more tactically? As a rule, a strategist can think more tactically, whereas a tactician has difficulty with bigger-picture thinking. 3. When considering your direct reports and the strategic or tactical question, ask yourself what strategic initiatives each of your direct reports has brought forth in the past year. 4. Imagine you have just taken own- ership of an identical operation just a few miles away and can take as many of your direct reports to this new company as you want, no questions asked, and there are no legal, moral, or ethical considerations. How many would you take? If you’re not willing to take all of your people, you have issues. 5. If each of your direct reports came into your office tomorrow and submitted their resignation, based on their One of the greatest challenges leaders have is that they have very little appreciation about why others can’t do what they so easily accomplish. performance and potential you can either accept their resignation or try to convince them to stay. How many are absolute keepers? 6. Ask your direct reports about their own direct reports by saying, If you were paying your direct reports from your own pocket instead of mine, would you still want them on your payroll? One of the greatest challenges leaders have is that they have very little appreciation about why others can’t do what they so easily accomplish. How long has it been since you’ve missed a day of work because of illness? Years? Of course, and that is the issue. You hold yourself to high standards. Wouldn’t it be nice to begin holding others to those same standards? You can—you just need to be able to measure those standards. So the $64,000 question is how? First, it’s essential to use a behavioral tool to measure the expectations for all positions in your company. If you don’t know what your specific expectations are someone will probably be disappointed, and it will probably be you. Second, measure the personalities of every employee. You’ll then want to compare their role against your expectations. The greater the gap, the more difficulty they will have doing the job. Third, I highly recommend that each leader of your company participate in a behavioral 360-degree leadership sur