The 4 tensions affecting your business
May 30, 2023
Leadership is hard because it’s a game of tensions:
- The tension between profit and people.
- The tension between being strategic and operational performance.
- The desire to be a high performer pulls against all those things which are holding you back - inability to delegate, trust, prioritization.
When you realize that the tensions can be managed, and the impacts of focussing on one area or another, you can start to lift your game. Often times this can be unclear from the inside looking out though.
What we're seeing right now is a lot of organizations losing talent through the great resignation because they've been focusing much on the more operations and profit side of their business (survival) and missed some of the people and innovation stuff
The key is understanding the impact of each factor in these tensions and what happens when you put energy into each. The magic comes when you look at the factors in relation to each other and the quadrants that result. That’s where we help.
Let's consider the quadrant that is created between the overlap of profit and strategy. High focus leads to vision and innovation. It's where the future-thinking businesses head. Low focus leads to potentially being left behind by your competition.
Moving around to the Profit and Operations quadrant - this is where efficiency and lean business practices emerge where the business focus is high on these tensions. Equally, a low focus can lead to poor process management and loss of profits through excess wastage.
Where Operations and People intersect we see organizations who put this as a high priority with effective people management processes, low turnover and generally good performance albeit in a more traditional versus transformational sense. A low focus here leads to the wrong people being in the wrong seats on the bus.
Finally where Strategic and People tensions intersect. A high focus here often results in the development of workforce planning and tying business strategy to what will be needed from people strategy in the coming 3-5 years. A low focus here leads to high attrition, low engagement, and a workforce feeling underutilized and under-developed.
Obviously, there are positive and less positive implications from the level focus applied in each area of this diagram. Where we work with organizations is to help them understand where they are at and what they appear to be focusing on and then what to do about it.
What you can do here though, is a bit of a diagnostic for yourself.
Which of these quadrants are the focus of your efforts – and which aren’t? What impact is that having on your business? It tells a story.
If you'd like to talk about your results more, or dig a bit deeper, let's have a conversation about it.
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