Four Reasons People Fail

Four Reasons People Fail

Four Reasons People Fail

By JD Vaughn
www.jdvaughn.com

Let’s set the tone and context for this discussion. First of all, people do not go into work saying to themselves…”Let’s see, how can I disappoint my boss today.” People really WANT to deliver on our expectations of them. And when they fail, a leader is most likely at fault.

There are only four reasons people do not deliver on our expectations of them……and of those four reasons, three are the responsibility of the leader. If our people are failing, 75% of the time it is our responsibility! Slow down and explain you ask? Ok….let’s look at it in more detail.

The four reasons people do not deliver on the expectations:

1) They do not know the expectations. Often we do a very poor job of communicating our expectations. We know when we do a poor job of communicating the expectations when we find ourselves saying…”I told him (or her)” to do X….by the end of the month”. We forgot that telling is not the same as communicating. Effective communicating takes hard work, focus and energy and we often just send an email or memo. Unless we have actual written and verbal confirmation that all elements of the expectation were agreed upon, we own this failure when it occurs.

2) The second reason people do not deliver on expectations is because they do not know how to deliver on the expectations. And when people do not know how to deliver on an expectation it is probably because we recruited and hired the wrong person (we should have hired someone already trained and experienced in delivering on the expectations in this environment) or we failed to provide the necessary training for the staff member to be equipped to deliver on the expectation. And as effective leaders, we own this failure as well.

3) The third reason people do not deliver on our expectations; roadblocks. There is something or many somethings in the way preventing the team member from delivering the expectations. Just because our financial plan required our sales organization deliver an annualized growth rate (CAGR) of 45% a year does not mean it was achievable in the current market with the resources we have available. If there are roadblocks in the way of delivering on the expectations then our leadership may have been required to help remove the roadblocks so the expectations could be realized. Perhaps our leadership was required to secure the necessary resources, and/or help remove other roadblocks that prevented our team member from delivering on the expectations.

And finally…

4) The fourth reason people do not deliver on the expectations; they do not want to deliver on the expectation. Sometimes our people, for whatever reason choose not to deliver on the expectations. Unfortunately, most of us assume this is the primary reason people fail to deliver on the expectations. But again I ask, how many people do you really believe go into work in the morning saying to themselves; “I want to disappoint my boss today.” They disappoint us because we failed to provide the communications and leadership necessary to help them succeed.

As leaders, it is our responsibility to serve our constituencies (stockholders, investors, management team, and employees …all stakeholders) by anticipating and mitigating the risks that might keep us from achieving and delivering on the expectations our constituencies have for us.

We can do this most effectively when we know what gets in the way of our people delivering on the expectations. And if we know in advance what might get in the way, (we know there are four reasons people do not deliver on the expectations) we become leaders by serving our staff and making certain that 75% of the reasons for their potential failure are always addressed. When we remove these roadblocks to success, and help our people win, we become the leaders they will choose to follow. And that is fundamental to our future success.

J D Vaughn, founder and principal at J D Vaughn Consulting, is an entrepreneur, writer, author, and former radio talk show host for, Making It Work, a radio talk show about making work actually work for employees and employers alike. He began his writing career writing case studies for the Harvard School of Business, and is the author of the book God Letters. He is also a regular contributor to the telecom industry publication, TeleSpan. J D Vaughn is also the founder and principal of a management consulting firm that specializes in accelerating business development and sales growth for high tech companies. His firm, J D Vaughn Consulting, is unique in the high tech sales growth consulting arena as they are known for actually tying a significant portion of their fees to results and execution of best sales practices and revenue growth. Concurrently, they have fund raising arm and a PPM practice that offers startup or restart companies a unique, proactive and controlled method for raising and sustaining investors in the redefined capital marketplace. He can be reached at jdvaughn@jdvaughn.com or 678-644-7034.

 

We hope you found this article about “Four Reasons People Fail” helpful.  If you have questions or need expert tax or family office advice that’s refreshingly objective (we never sell investments), please contact us or visit our Family office page  or our website at www.GROCO.com.  Unfortunately, we no longer give advice to other tax professionals gratis.

To receive our free newsletter, contact us here.

Subscribe our YouTube Channel for more updates.

Alan Olsen, CPA

Alan Olsen, is the Host of the American Dreams Show and the Managing Partner of GROCO.com.  GROCO is a premier family office and tax advisory firm located in the San Francisco Bay area serving clients all over the world.

Alan L. Olsen, CPA, Wikipedia Bio

 

 

GROCO.com is a proud sponsor of The American Dreams Show.

 

American-Dreams-Show-Accounting-firm-in-ca-cpa-tax-advisors-groco-alan-olsen

The American Dreams show was the brainchild of Alan Olsen, CPA, MBA. It was originally created to fill a specific need; often inexperienced entrepreneurs lacked basic information about raising capital and how to successfully start a business.

Alan sincerely wanted to respond to the many requests from aspiring entrepreneurs asking for the information and introductions they needed. But he had to find a way to help in which his venture capital clients and friends would not mind.

The American Dreams show became the solution, first as a radio show and now with YouTube videos as well. Always respectful of interview guest’s time, he’s able to give access to individuals information and inspiration previously inaccessible to the first-time entrepreneurs who need it most.

They can listen to venture capitalists and successful business people explain first-hand, how they got to where they are, how to start a company, how to overcome challenges, how they see the future evolving, opportunities, work-life balance and so much more..

American Dreams discusses many topics from some of the world’s most successful individuals about their secrets to life’s success. Topics from guest have included:

Creating purpose in life / Building a foundation for their life / Solving problems / Finding fulfillment through philanthropy and service / Becoming self-reliant / Enhancing effective leadership / Balancing family and work…

Untitled_Artwork copy 4

MyPaths.com (Also sponsored by GROCO) provides free access to content and world-class entrepreneurs, influencers and thought leaders’ personal success stories. To help you find your path in life to true, sustainable success & happiness.  It’s mission statement:

In an increasingly complex and difficult world, we hope to help you find your personal path in life and build a strong foundation by learning how others found success and happiness. True and sustainable success and happiness are different for each one of us but possible, often despite significant challenges.

Our mission at MyPaths.com is to provide resources and firsthand accounts of how others found their paths in life, so you can do the same.

Posted in

Federal Government Looking for Ways to Get to Retirement Funds

Just when you thought your retirement account was safe from the federal government, think again. That’s’ because according to the Government Accountability Office, there are around 9,000 U.S. taxpayers who have a minimum of $5 million in an individual retirement account. Now some lawmakers are taking a closer look at these accounts because as Senate…

An Artistic Way to Pay Your Taxes

Many wealthy individuals enjoy collecting things, including artwork. While artwork can be a source of income for some, as well as solely a collectible for others, it can’t be used it to pay your taxes. Well, at least not in the United States, anyways. However, there are some countries in which artwork is a completely…

Life Is Not Fair - Neither Is Every State Tax System

Life Is Not Fair – Neither Is Every State Tax System

Life Is Not Fair – Neither Is Every State Tax System We all know that life isn’t fair, and that means that many specific aspects of life aren’t fair either. Of course, according to most people taxes always fall into the unfair category as well. So just how fair or unfair are your taxes? No,…

When Is the Best Time to Exercise Those Stock Options?

We hear about stock options all the time in the news. It seems like anytime a big company is involved in some sort of financial transaction the term “stock options” is thrown around at some point. First off, stock options are an option given to a person, usually an employee, to purchase stock in a…