We are able to sell the business for $2.5 million or more by the end of 2002
We have fun working the project between now and then
We stay healthy and have a minimum of stress
Our relationship stays in tact
We have no ongoing obligation to the business after 6 months of the sale
The next step is to ask, and keep asking, yourself the question: What`s possible in the fulfillment of this project? The point here is to make sure that there are sufficient reasons and rewards for undertaking the project in the first place. If there aren`t, you`ll likely get stopped by the first breakdown that occurs.
At this point, it is important to establish a budget, both in time and manpower, and to establish some milestones to mark your progress as you work on the project. A budget is obviously important so you can determine what you`re willing to invest in the process. Milestones give you opportunities to celebrate victories as you proceed.
Once you`ve gotten this far, pick a project leader and a project coach and identify all team members who will work on the project. Why have a coach? Lots of reasons but the most significant is that a player only sees the game (1) from his position and (2) from the position of a player. This isn`t bad, it`s just limiting. A coach sees the game from the outside and can provide feedback that otherwise wouldn`t be available.
It is now time for your first meeting of the project team. In this meeting you want to make a list of all of the resources available to the team to support you in working on the project. Resources would include friends, business contacts, organizations, publications, businesses, groups, etc. Make as complete a list as you can at this time.
When you get right down to it, if you want to get into action and produce results, you really only have two choices: to do it yourself or to make a request of another. So, the next step is to make a list of all the possible actions that the team members could take, either on their own or by making a request of one of your resources, which will forward your project. Again, make this list as complete as possible.
What you now have is a menu of resources and possible actions and a group of team members ready to get to work, with clarity of what your committed to and why. Simply ask each team member to pick one to three actions that they will take, from the list of possible actions, to be performed between now and the next project meeting. After this is recorded, schedule the next meeting (it`s usually best to have project meetings every week) and adjourn.
At the next meeting, proceed as follows: Ask each team member to answer the following questions:
This is what I said I would do;
This is what I did;
This is what I accomplished;
This is what I learned;
These are the new resources I discovered; and
These are the new possible actions that I can now see.
Use this information to update both the resources and possible actions lists. After everyone has reported and you have had whatever discussions that appear appropriate, have everyone pick one to three actions that they will take, schedule the next meeting and proceed as before.
We would hope that by now, the usefulness of this process would be obvious. What you`ll end up with is clarity of what you want to accomplish, with a group of people in action on behalf of that end. The weekly meetings, and the need for each member of the team to report on their project, creates accountability and follow through. The process also takes the "luck" and "hope" factors out of the equation. Hope implies hopelessness. With this process, you are systematically and consistently working on behalf of your commitments. Sooner or later, you will succeed!
Copyright 1998 Scott Hunter
About the Author:
Scott Hunter is a professional speaker, workshop leader, consultant and coach. He speaks on creating meaningful, quality relationships in the workplace to increase productivity, creativity, teamwork and profitability. He can be reached at scott@thpalliance.com. Visit his web site: www.thpalliance.com.