Focusing your attention
Business ventures have a lot of things that affect their growth and performance. However, there are those that require more attention.
One contractor explained how important it is for him to sell long-term maintenance contracts, not just ad hoc projects.

Makes sense. The long-term contracts provide some stability and predictable cash flow. They assist in getting closer to his clients. They also help him to borrow funds more easily. So far so good.

When I asked him how many of these long-term maintenance contracts he has already, he couldn’t tell me. He didn’t know! He said he’s been too busy to keep track of such agreements.
Wait a minute! If this type of agreement is so important to Matt’s growth strategy, how can he not know the status?

The fact is that most owners and CEOs know what’s important to their enterprise, but don’t measure things.
You have heard of the old maxim: ‘you can’t manage what you don’t measure.’ You have also likely read the story of the ‘Hawthorne Effect’.  
The late 1950s, the GE plant in Hawthorne, California brought in some consultants to measure the effect of brighter lighting on the productivity measurements to establish a baseline. Then they intensified the brightness of the lighting and measured again. Productivity increased.

They increased the brightness even more and productivity went up again. After raising the brightness two more times, they saw two more increase in productivity. O a hunch, they lowered the lighting and measured one more time. Productivity went up! They figured out that the productivity gains were not related to the brightness of the lights, but to the act of measuring. They were paying a lot of attention to the effectiveness of their workers. And guess what?
The workers responded by working more effectively.

What do you pay a lot of attention to? What are you constantly measuring, asking your employees about, talking about and looking at? When your team knows what’s truly important to you, they will likely pay more attention to those things.

Focusing on two or three key business metrics does something else for your behavior. It triggers your reticular activating system. Your brain is assaulted by thousands of messages each second. Everything you see, hear, smell, feel and touch is a message entering your brain. The reticular activating system filters through all these messages and decides which one will get page one treatment-that is, arouse the brain.

“The worst men often give the best advice.” P.J Bailey
One of the things we have learned from working with entrepreneurs is that we tend to pay attention to the things that are important to us at the time. If your currently dominant thoughts are about brochures, you will hear conversations about brochures. You’ll pick up ideas relating to brochures and even notice colors that would be attractive for the new brochure.

In other words, the reticular activating system will pass through anything even remotely related to the important issue – the brochure. From a practical point of view, this means that if you want to solve a problem or achieve a goal, keep it at the top of your mind. Think about it, write about it, talk about it and imagine it completed. This is one of the reasons why affirmations work so well and why is important to review you’re your goals frequently.

If you focus on improving specific key indicators of your business success, your reticular activating system will pass through sights, sounds, people and ideas even remotely related to that point of focus. In other words, if you measure it visibly, frequently and attentively, it will most likely improve.

Here’s my suggestion: identify about two to five measurements of indicators that are important and essential for your business. Setup an active system to measure any of these indicators. Talk to your employees about it.

Put charts and graphs of these indicators on the wall of the lunchroom. Make your interests on these metrics very active and visible.
Chances are, you’ll get what you are looking for – improvements in these areas.

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