{"id":28953,"date":"2017-09-13T10:06:54","date_gmt":"2017-09-13T14:06:54","guid":{"rendered":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/?p=28953"},"modified":"2017-09-13T10:06:54","modified_gmt":"2017-09-13T14:06:54","slug":"business-report-words-kill-business","status":"publish","type":"post","link":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2017\/09\/business-report-words-kill-business\/","title":{"rendered":"Business Report: Words That Kill Your Business"},"content":{"rendered":"
\"\"
Michael Cruz, president of Lighthouse Advisors LLC, Queensbury.
Courtesy Lighthouse Advisors<\/figcaption><\/figure>\n

by Michael Cruz<\/span><\/p>\n

The worst words we ever hear in business are \u2013 \u201cThat\u2019s the way we have always done it.\u201d\u00a0 <\/span>Hearing it makes my skin crawl.\u00a0 <\/span>That unflinching, unapologetic sentence covers up a very serious problem in your business.<\/p>\n

It shows that you have a culture of complacency.\u00a0 <\/span>Your people are not thinking.\u00a0 <\/span>They are not looking for better ways to accomplish tasks.\u00a0 <\/span>For businesses to grow, we need to find new and better ways to do things.\u00a0 <\/span>This is called efficiency.\u00a0 <\/span>It is how we generate profits to pay better, hire more people and produce more.<\/p>\n

More often than not, the issue lies with management.\u00a0 <\/span>First, we don\u2019t hire well. We need to hire people that look for ways to improve their job.\u00a0 <\/span>During the hiring process, you should look for people who have innovated in the past.\u00a0 <\/span>The simple question you should ask is, \u201cCan you give me an example when you improved the process at your last job?\u201d.<\/p>\n

The second way management fails is by creating a culture of \u2018no mistakes are tolerated\u2019.\u00a0 <\/span>Think about the last time an employee confessed to a mistake.\u00a0 <\/span>Was your initial response \u2018Why did you do that\u2019?\u00a0 <\/span>Often, I see companies driving toward a mistake-free workplace.\u00a0 <\/span>Innovation requires us to fail occasionally.\u00a0 <\/span>Of course, we don\u2019t want to make mistakes.\u00a0 <\/span>But trying new ways will inevitably lead to trying some things that do not work.\u00a0 <\/span>If we punish people for trying new things, they simply will not try to improve.<\/p>\n

<\/span>The last large mistake we make is when management attempts to fix known process problems.\u00a0 <\/span>Leaders of organizations are not always the best people to construct solutions.\u00a0 <\/span>The people who do the work often can see ways to fix problems.\u00a0 <\/span>Their perception is that they are not respected or listened to.\u00a0 <\/span>So, they quietly tolerate the (bad) status quo.<\/p>\n

Fixing complacency requires you to hire better, tolerate mistakes and engage our employees to help us solve process problems.\u00a0 <\/span>Trust your people and your company will grow more quickly.\u00a0 <\/span>And more profitably.<\/p>\n

Cruz is president of Lighthouse Advisors LLC in Queensbury.<\/i><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

by Michael Cruz The worst words we ever hear in business are \u2013 \u201cThat\u2019s the way we have always done it.\u201d\u00a0 Hearing it makes my skin crawl.\u00a0 That unflinching, unapologetic sentence covers up a very serious problem in your business. It shows that you have a culture of complacency.\u00a0 Your people are not thinking.\u00a0 They […]<\/p>\n","protected":false},"author":89,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"yoast_head":"\r\nBusiness Report: Words That Kill Your Business - Glens Falls Business Journal<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2017\/09\/business-report-words-kill-business\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Business Report: Words That Kill Your Business - Glens Falls Business Journal\" \/>\r\n<meta property=\"og:description\" content=\"by Michael Cruz The worst words we ever hear in business are \u2013 \u201cThat\u2019s the way we have always done it.\u201d\u00a0 Hearing it makes my skin crawl.\u00a0 That unflinching, unapologetic sentence covers up a very serious problem in your business. 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