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Without them humanity cannot survive.  - Dalaia Lama

Publisher's Letter

Contributors



1. Tackling the “Get Organized” Resolution
2. Five Steps to an Organized Year

1. Wellness at Work
2. Working Smarter with Microsoft Office part 2
3. Being the Hare in a Tortoise’s Office
4. When is a Project Manager Necessary?

1. C'mon, Let's Laugh!
2. Make Valentine’s Day Special for Everyone

Message to Boomers: Share What You Know—Mentor a Child

1. Does Your Business Have One Blue Shoe?
2. Winning Ideas from Winning Women with Carol Nix
3. How Micro Entrepreneurs Make Mega Profits

1. Letts Set a Spell: Healing Body, Mind, and Spirit
2. Gifts of Love: How to Love Yourself By Sharing Yourself
3. IT HAPPENED OVERNIGHT: Fighting the Battle to Age Gracefully

Two Incredible Tools for Finding Your Wisdom and Gaining Clarity

Extraordinary Love

Enough Is Enough: Stop Enduring and Start Living Your Extraordinary Life

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Does Your Business Have One Blue Shoe?

Okay, confess: you've left the house before, wearing one black shoe and one blue (or brown) shoe. You didn't realize your shoes didn't match until you arrived at your destination and/or stepped into better lighting. When you made the realization, you had a few choices:

A. Go home and change
B. Run into a shoe store and buy a new pair of shoes
C. Ignore it and hope no one notices (or mentions it)
D. Hope everyone is colorblind
E. Point it out yourself and laugh about it
F. Go home and call it a day

Many businesses operate with one blue shoe. The business selects a new strategic direction and sets organizational goals (black shoes). The business leadership team expects the organization to execute based upon those defined parameters. The organization continues to operate based upon the organizational infrastructure that is in place (blue shoes). As the organization moves ahead, instead of having a matching pair of shoes—either both black or both blue—the organization has a mismatched pair: one black, one blue.

Arguably, the shoes are both worn simultaneously and function as shoes are intended to function, enabling the business to take progressive steps forward. The problem is that, while the differences may appear to be cosmetic and unimportant, the reality is that the color is the visible difference—it is what you can see. There may be differences that extend beyond the color—each pair of shoes was designed to match up black to black and blue to blue. They were also meant to complement (complete) each other—a seamless team. While the mismatched shoes may get you to your destination, how much more comfortable would you be not worrying about someone noticing the mismatched shoes?

Mismatched infrastructure and strategy is often viewed as surface or cosmetic, much like the difference in the color of your shoes. The impact on the business dealing with the discrepancy can and does have far reaching impact on performance.

When infrastructure doesn't align with strategy and objectives in a business, things are out of synch. The organization must worry about and pay attention to how to handle all of the different ways to address the discrepancies. When the organization is trying to decide what actions to take, it is unable to deploy resources efficiently and effectively. The organization must make tactical decisions equivalent to your response to dealing with mismatched shoes. For the organization, those tactical decisions include:

1. Initiate an organizational restructure or redesign (go home and get the matching shoe)
2. Implement a new business management system (buy a new pair)
3. Keep the existing infrastructure and deal with the inconsistencies, breakdowns, and priority conflicts as they occur (hope no one notices)
4. Ignore the problems and push the organization to achieve the desired results regardless of the fact you haven't given them the tools and resources (hope everyone is colorblind)
5. Point out to the organization that things don't match and act like it doesn't matter (point it out and laugh it off)
6. Look for another job, close down the business, or settle for what you can get (go home and call it a day!)

Look around your organization. Have you recently decided to pursue new opportunities or expand operations? Have you added new products, territories, or technology? Are your sales people highly successful and you are blessed with extreme revenue growth?

What have you done to change your organization—its systems, skill sets, and capacity—to recognize these changes in direction? Are you still wearing one of your old shoes and one new shoe? Is one shoe black and the other one blue? Is your organization ever so slightly out of synch? Are you handicapping your organization by not making sure the shoes not only fit but also match?

The importance of ensuring that your organization's vision, mission, strategy, infrastructure, goals, and people are all aligned can't be overstated. The degree of business success is significantly impacted by the ability to use all resources efficiently and effectively.

The business that is able to focus its resources toward specific outcomes is able to maximize its return on investment. The maximum return on investment is about deploying resources to achieve results and returns. Spreading resources too thin or across too many projects often results in under-funded and under-resourced projects—none of the projects are able to get the full degree of success because of the limitations and constraints.

A business is ultimately a group of resources and projects, each of which must be managed to ensure that those with the best potential get a chance to succeed. Each step that the organization takes needs to be synchronized. It is important that each step taken is consistent in both its visibility and the manner in which it is integrated into the business as a whole.

Having one blue shoe that doesn't match when you get dressed and go out the door may be embarrassing or distracting. It is unlikely that it will lead to serious consequences. For organizations, having one blue shoe may be a sign of more serious issues and a lack of coordinated effort within the organization.

Here are some events and activities that may lead to one blue shoe:

• Rapid growth in sales
Expanding product or service offerings beyond the organization’s "core" competency
• Transitioning from research and development into commercial activities (selling your product, technology, or service, manufacturing, etc.)
Change in senior management and leaders
• Merger or acquisition with another entity

Keep in mind that in tight markets where competition is fierce, the advantage goes to the organization that wastes the least resources in obtaining customers. In price-sensitive industries and commoditized products and services, how well your internal operations work and the degree of consistency between your internal reality and the perception of the market translates to top-line revenues and bottom-line profits.


Lea Strickland, MBA, CMA, CFM, CBM, president and founder of F.O.C.U.S. Resources (a business management systems consulting firm that addresses the total business through financial performance), has over 18 years experience in financial and operational leadership positions with various companies including four Fortune 500 and Global 100 companies. She has worked with established and emerging companies—private and public, US and foreign-owned. She holds degrees from The Ohio State University (MBA—Accounting, Marketing and Human Resource (Change Management)) and The University of Charleston (Bachelor of Science—Finance and Business Management with technical minors in Marketing and Accounting).

As a financial leader, Lea was instrumental in obtaining funding from Deutsche Bank for a local technology growth company. She is also credited for saving over $30 million for a manufacturing operation and obtaining $97 million in funding for the expansion of that same facility. Her client and industry experience includes audit, banking, OEM automotive and tier one automotive manufacturing, electonics manufacturing, consumer products manufacturing, software, industrial textiles manufacturing, and many other industries.

In 2004, Lea was asked to be expand her consulting practice into working with government grant and contract recipients on compliance and financial control systems. The government funding-compliance consulting focuses on small technology, bio-technology, software, and bio-agriculture businesses transitioning from research and development to full commercial operations.

Ms. Strickland was also asked to develop an “On-shoring” program to provide consulting services to technology firms in Europe and Asia seeking to locate, build, and operate facilities in the United States. These innovative tele-workshops are provided via telephone and Internet to companies prior to their establishing a footprint in the U.S. market.

In addition to her consulting services, Lea is a well-known and sought-after speaker, expert panelist, workshop leader, and author on start-ups, micro-enterprise, small business, financial systems, and business issues for companies of all sizes. Since 2003, she has had over 200 articles published in journals, newsletters, website expert sites, and magazines (print and Internet-based). Her credits include:
Expert Columnist: Carolina Newswire, NC Journal for Women, Business Leader Magazine, Local Tech Wire
Book: Out of the Cubicle and Into Business
Area/Topic Expert: Entrepreneur Magazine
Contributing Writer and Advisor: Small Business Technology Magazine

Lea has been honored with the several awards including: Outstanding Young Executive in the U.S. (1989), International Who’s Who of Professional Management (1999), and Who’s Who of Executives and Professionals (2003). Currently, she is active in municipal governance, serving on the Town of Cary Zoning Board of Adjustments (2001 to the present). She has served as an expert panelist and speaker for the following community and business organizations: Council for Entrepreneurial Development, Wake County (North Carolina) Community Colleges, Institute of Management Accountants, Graduate Women in Business National Conference (2002), Executive Women Club, Fast Trac Programs, Small Business Technology Development Center (North Carolina)

In addition to her current client list, Lea (together with other business and community leaders) donates her time to establish affordable resource programs for entrepreneurs and small businesses. She is also co-hosting the North Carolina Capital Markets Exchange to aid emerging and growth businesses in obtaining growth capital.

“For Lea, it isn’t about fitting the business to the method, it’s about finding the right approach for the business.” - G. M., Electronics Manufacturer

Lea’s hobbies and interests include writing poetry and short stories; reading; piano; community services—mentoring programs; and painting (oils, acrylics, watercolor, and mixed media) landscapes, seascapes, and portraits. She also enjoys spending time with family (especially her two nieces) and friends.

Lea Strickland, MBA CMA CFM CBM
President & CEO F.O.C.U.S. Resources
104 Barcelona Court
Cary, NC 27513-4201
Main Telephone: 919.234.3960
Mobile: (919) 210-7171
Lea@focusresourcesinc.com
www.focusresourcesinc.com
   

 

Upcoming books:
Into Business Step-by-Step: Making the Key Decisions—Winter 2005
Government Grant Accounting – The Business Requirements of Government Funding—Winter 2005
Vision, Strategy, Structure - Results—2006
The 360° Enterprise—2006