Thursday, March 30, 2017
Lesson #261: Leadership 101--Narrow Your Say-Do GapPosted By: George Deeb - 3/30/2017
I recently was in a client’s office and they had an interesting collage of words and images hung on their wall, trying to summarize the culture they wanted to create for their employees. One section stood out to me, it said, “Narrow Your Say-Do Gap” next to the word “Commitment”. Not only did I think that was a great way to manage your team’s expectations by, it must be working, as the company has a “love affair” with their leadership team, as evidenced by their employees long tenure with the company and the very high reviews of their CEO on Glassdoor. There are some juicy nuggets in here, that we can all learn from in trying to be good leaders with a narrow Say-Do Gap.
WHAT IS THE SAY-DO GAP?
Let’s first define the Say-Do Gap, so we know exactly what we are trying to narrow. Just as the name suggests, as a good leader and fellow employee, it is important that you “practice what you preach”. If you tell your team you are going to do something, DO IT!! The better you follow through on your stated promises with visible actions, the narrower your Say-Do Gap.
WHY A WIDE SAY-DO GAP IS BAD?
A lot of bad managers may give lip service to saying they are going to do something, and never follow through. And, all that does is irritate everyone in the office that was relying on that project to get completed. While at the same time, delivers a deadly blow to your credibility as a leader. If your employees can’t trust you to honor your word, they will never remain loyal to you. Companies with a wide Say-Do Gap typically have a very poor morale in the office and experience high levels of employee turnover, as employees become disgruntled by mismanagement of unrealized expectations.
A WIDE-GAP CASE STUDY
I have been exposed to a lot of poor leaders, during my work at Red Rocket. The relationship with that CEO typically starts out fine. They say they have a problem they want to fix, and they are committed to doing whatever is necessary to fix the problem (e.g., capital investment, new incentives, new hires). But, after the project starts and recommendations are made, when it is time to pull the trigger they never follow through. And, worse yet, they say they are working on it, but really have no intention of actually doing it.
Maybe they are concerned about the resulting dilution to their ownership that would come from a financing or new stock option plan, or maybe they are debt averse, or maybe they just don’t agree with their team’s recommendations and prefer to avoid conflict. Whatever the reason, they get the “engines of change” up and running, which gets their team excited. But, then when push comes to shove: no actions are taken, and their entire team ends up disappointed in the process.
A NARROW-GAP CASE STUDY
On the flipside, let’s remember my case study from my time at iExplore, right after 9/11/01 with the travel business imploding in the wake of terrorism. I was always honest with my team, both in good times and bad times of the company. And, I always followed through on any promises I had made to the team over time. If I told them we were going to raise new capital, we did. If I said we would sign a new partnership, we did. And, that history of a narrow Say-Do Gap between 1999-2001, gained me the trust of our team over time and earned me what would become much needed “trust me capital” when we crap hit the fan on September 11th.
More specifically, iExplore should have gone out of business. Revenues stopped coming in, as people stopped traveling. We had a large burn rate carrying a staff of 35 employees. And, our investors went running for the hills. So, when I had to terminate all employees, and ask 12 of them to volunteer their time for three months, on the hopes of me raising a new round of capital and getting their volunteered back-pay funded at that time, that would have been a monumental ask of most employees in most any other company. But, our team was passionate about our business and they trusted me to follow through. Which I did, getting a new funding round closed in January 2012 and all their earned pay from their volunteered fourth quarter of 2001 repaid in full, at that time.
The point here is not how we saved the company. The point here is I would have never been given the opportunity to save the company by my team, if I had anything other than a narrow Say-Do Gap in the two years leading up to that event. Trust matters in being a good leader, perhaps more than anything else, especially when things start to go wrong, and you need your team the most.
WHAT DOES THIS MEAN FOR YOU?
Do a critical assessment of yourself. How many times do you promise to do something? And, compare that to how many times you actually followed through? If that answer is close to a 100% follow-through rate, you are a “Narrow Say-Do Gap Jedi Master”. But, the closer you get to 80%, or God forbid 50%, the damage you are doing your leadership credibility may be too insurmountable to overcome. Don’t let this be you.
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