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Stage 4: Predictable Success

July 28, 2020 by Scott Ritzheimer

Predictable Success is where you, as the leader, can put your foot on the gas pedal, and the whole organization moves forward. You found the tools, made the necessary changes, and in Predictable Success, you reap the rewards. You can keep your business in Predictable Success for the long-haul using these four key strategies!

Have you ever wondered how the most enduring institutions and the most memorable brands earned their status among the greats? Was it chance? Was it hard work? Was it them being smarter than their competition? Was it taking big risks or setting audacious goals? Was it consistency and patience? Was it a charismatic, larger-than-life leader?

Many, if not all, played a part in their success, but the answer is more straightforward and dynamic. The leaders in these organizations recognized when they were in the growth cycle and chose the appropriate (although often counter-intuitive) strategy.

By choosing (or sometimes happening upon) the right strategy, they followed a remarkably predictable path to greatness. This path has been mapped out by Les McKeown in the Predictable Success Model.

Getting into Predictable Success

Using this model, we can trace the histories of these great companies, nonprofits, governments, and movements through existentially trying times as they fought to survive stage 1, Early Struggle. We can then see the early glory days of the organization when they grew rapidly and could turn on a dime in stage 2, Fun. While much of the value they created as an organization was indeed created during Fun, it was not until the company stood the test of stage 3, Whitewater that they truly learned to harness that value. To overcome the turbulence of Whitewater, they had to learn the difference between growing and scaling.

To grow, all you need to do is build the capacity to deliver consistent quality in the face of simplicity. This is the first stage growth, 

However, to scale, you need to increase your capacity until you can deliver consistent quality, even in the face of complexity. And this requires a whole new set of tools.

Once they recognized this difference and chose to implement the systems and processes necessary to achieve scale, they reached the pinnacle stage of their ability to innovate, take ground, move the whole organization, and do it all with incredible profitability and grace.

This is stage 4: Predictable Success. Predictable Success is where you, as the leader, can put your foot on the gas pedal, and the whole organization moves forward. You now have a level of control that you thought you had in Fun, but realized you’d never had once Whitewater hit, and you couldn’t right the ship using your existing tools. You found the tools, made the necessary changes, and in Predictable Success, you reap the rewards. In Predictable Success, you build a legacy that will last well past your time leading the company.

Staying in Predictable Success

Unlike human aging, businesses don’t age as a function of time. Businesses age almost exclusively as a function of choice (although that choice isn’t always made within the organization).

This means an organization can stay at any stage for as long as it wants or, in some cases, for as long as it fails to understand how to progress. 

The great news here is that you (and even your successors) can theoretically keep your organization in Predictable Success for as long as desired.

To stay in Predictable Success, you need to hold vision, creativity, and initiative in tension with execution, system, and process. 

To stay in Predictable Success, you need to hold vision, creativity, and initiative in tension with execution, system, and process.  Click To Tweet

Unfortunately, many businesses fail to understand either what created their success in the first place or fail to keep doing those activities that made them successful. Some believe they think what got them here is what is going to take them further ahead perpetually.

You and your organization don’t have to fall into any of those categories. You also don’t need to be an unparalleled leader. You don’t need to be the smartest person in the room. You don’t need to do most of the things people tell you that you need to do.

Instead, you have to be good at just a few simple fundamentals. They are easy to understand and easy to do. The hard part is sticking with it and staying diligent. Doing this is where many businesses fail to remain in Predictable Success.

They overvalue creativity and initiative, slide back into Whitewater, or overvalue execution, systems, and processes and quietly ease into stage 5: Treadmill.

Four Key Strategies

This doesn’t have to be your story. You can keep your business in Predictable Success for the long-haul using these four key strategies!

Embrace all four leadership styles

The best way to hold vision, creativity, initiative, execution, system, and process in tension is to have all four leadership styles represented co-equally on your leadership team. Having the Visionary, Operator, Processor, and Synergist will provide the diversity of thought you need to sustain your success for the long haul. For more information on the four leadership style, you can read Les’s book, The Synergist and you can find your leadership style using this free quiz. 

Work in Cycles: Staying in Predictable Success requires a recognition of the cycles that produce lasting growth. I break these cycles in the three repeating phases. Phase 1: Invent is Visionary dominant. New ideas are formed and tried. Risks are taken, and goals set. In Phase 2: Implement one of those ideas sticks, and the Operators take the lead. In Phase 3: Improve the Processors systematize the solution for repeatability and scale throughout the organization.

Focus on enterprise-wide innovation: To stay in Predictable Success, you want to continue encouraging and consistently reinforcing innovation in every department. Doing this ensures you can continue to create new and lasting value and prevents you from merely riding out the last wave.

Preparing for key transitions: Transition planning is a crucial task that we struggle to focus on due to a lack of urgency. Unfortunately, preparing a transition plan when it is urgent is a sure-fire way to set yourself up for failure. Here are a few examples of transitions you need to prepare for in advance: 

  • The Founder’s Exit
  • Ownership Changes
  • Key leadership transitions
  • Acquisitions by your company
  • New divisions or product/service lines

I’ve written a full article about staying in Predictable Success that explains each of these points in greater detail. Click here Keeping your business in top form for the long haul to read more.

Closing

Getting to and staying in Predictable Success is hard work, but it’s also incredibly rewarding. During this time, leadership and success transform into a lasting legacy that can live beyond your years. It is here that true organizational greatness is achieved, and I can’t wait to see you and your business reach and sustain Predictable Success!

If you think you are in Predictable Success but aren’t quite sure, I’d like to encourage you to take the free Lifecycle assessment at https://bit.ly/Lifecycle-Quiz to find out for sure and to see around the corner at what is next for your business!

Prev 1 of 1 Next
  • Welcome to Predictable Success

    Welcome to Predictable Success

    Have you ever wondered how the most enduring institutions and the most memorable brands earned their status among the greats? Was it chance? Was it hard work? Was it being smarter than the competition? Was it taking big risks or setting audacious goals? Was it consistency and patience? Was it a charismatic, larger-than-life leader?
    Many, if not all, of these, were certainly part of the solution, but the answer is both simpler and more dynamic. Here’s how they did it, the leaders in these organizations recognized where they were in the growth cycle and choose the appropriate (though often counter-intuitive) strategy accordingly.
    They fought through stage 1, Early Struggle. They enjoyed and capitalized on the glory days of stage 2, Fun. Then, they stood the test of stage 3, Whitewater, where they truly learned to harness that value.
    To overcome the turbulence of Whitewater, they had to learn the difference between growing and scaling.
    To grow all you need to do is to build the capacity to deliver consistent quality in the face of simplicity. This is the first stage growth,
    To scale, however, you need to increase your capacity until you can deliver consistent quality in the face of complexity.
    Once the organization has the systems and processes necessary to achieve scale, they reached the pinnacle stage of their ability to innovate, take ground, move the whole organization, and do it all with incredible profitability and grace.
    This is stage 4: Predictable Success. Predictable Success is where you, as the leader, can put your foot on the gas pedal, and the whole organization moves forward.
    If you are wondering if your business is Predictable Success, I’d like to encourage you to take our free Lifecycle Assessment. The link is in the description below.
    And if you want to get your business into Predictable Success. We offer a range of solutions for any budget. Give us a call today to find the right solution for your business, so you can stop struggling and start scaling!
    In this series, I’m going to show you how to keep your business in top shape and enjoy the fruits of Predictable Success for as long as you’d like.

    Read Article at https://bit.ly/3g2qpcv
    Take the Lifecycle quiz at http://bit.ly/Lifecycle-Quiz
    Optimizing Your Time in Fun Course https://mj190.isrefer.com/go/OYTF/focus/

    #Principles #Advice #Wisdom #SmallBusiness #Business #BusinessAdvice #TeamWork #Strategy

    Like what you see? You can find more great content from Eight Figure Focus here!

    Website: https://www.eightfigurefocus.com
    Blog: https://www.eightfigurefocus.com/blog
    Facebook: https://www.fb.com/eightfigurefocus
    LinkedIn: https://www.linkedin.com/company/eightfigurefocus
    YouTube: https://www.youtube.com/channel/UChLj9yjac5P7UMFxoWuG8Zw/
    Instagram: https://www.instagram.com/eightfigurefocus
    Twitter: https://www.twitter.com/8FigureFocus
  • Staying in Predictable Success

    Staying in Predictable Success

    In this video, I’m going to give you four key strategies to keep your business in Predictable Success for as long as possible.

    Consider the following four key parts of a sustainable strategy to stay in Predictable Success.
    Number 1 Embrace all four leadership styles: The best way to hold vision, creativity, initiative, execution, system, and process in tension is to have all four leadership styles represented co-equally on your leadership team. Having the Visionary, Operator, Processor, and Synergist will provide the diversity of thought you need to sustain your success for the long haul. You can find your leadership style using the free quiz linked in the description below.
    Alright, the 2nd strategy is to Work in Cycles: Staying in Predictable Success requires a recognition of the cycles that produce lasting growth. I break these cycles in the three repeating phases. Phase 1: Invent is Visionary dominant. New ideas are formed and tried. Risks are taken, and goals set. In Phase 2: Implement one of those ideas sticks, and the Operators take the lead. In Phase 3: Improve the Processors systematized the solution for repeatability and scale throughout the organization.
    Key strategy number 3 is to Focus on enterprise-wide innovation: To stay in Predictable Success, you want to continue to encourage and consistently reinforce innovation in every department. This ensures you can continue to create new and lasting value and prevents you from simply riding out the last wave.
    The final strategy you can use to keep your business in predictable success is to Prepare for key transitions: Transition planning is one of those important tasks that we struggle to focus on due to a lack of urgency. Unfortunately, preparing a transition plan when it is urgent is a sure way to set yourself up for failure. Here are a few examples of transitions you need to prepare for in advance:
    -The Founder’s Exit
    -Ownership Changes
    -Key leadership transitions
    -Acquisitions by your company, and
    -New divisions or product/service lines
    I’ll close the series with this
    Getting to and staying in Predictable Success is hard work, but it’s also incredibly rewarding. It is during this time leadership and success transform into a lasting legacy that can live beyond your years. It is here that true organizational greatness is achieved, and I can’t wait to see you and your business reach and sustain Predictable Success! Check out our website eightfigurefocus.com for more free resources, incredible e-courses, and a range of consulting services to help you get to and stay in Predictable Success!

    Read Article at https://bit.ly/3g2qpcv
    Take the Lifecycle quiz at http://bit.ly/Lifecycle-Quiz
    Optimizing Your Time in Fun Course https://mj190.isrefer.com/go/OYTF/focus/

    #Principles #Advice #Wisdom #SmallBusiness #Business #BusinessAdvice #TeamWork #Strategy

    Like what you see? You can find more great content from Eight Figure Focus here!

    Website: https://www.eightfigurefocus.com
    Blog: https://www.eightfigurefocus.com/blog
    Facebook: https://www.fb.com/eightfigurefocus
    LinkedIn: https://www.linkedin.com/company/eightfigurefocus
    YouTube: https://www.youtube.com/channel/UChLj9yjac5P7UMFxoWuG8Zw/
    Instagram: https://www.instagram.com/eightfigurefocus
    Twitter: https://www.twitter.com/8FigureFocus
Prev 1 of 1 Next

 

Category: Focused Structure

About Scott Ritzheimer

As a business founder and owner, I’ve felt the frustration of working hard but feeling like you’re just spinning your wheels.
Over the past 13 years of consulting with and leading businesses, I’ve learned a lot about how to and how not to grow a business. I’ve taken all of the processes, tools, and strategies that worked and put them all into one cohesive system that is guaranteed to grow your business. By using this system and avoiding the mistakes I made, you can get back on the path to growth in a fraction of the time.

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