Friday, July 17, 2015

My Simple Model for Assessing Business DNA



(re-post of recent LinkedIn post I wrote)

Okay, writing this article is a little out of character for me. You see, I have a lot of big “D” in my business DNA, but only a little “t”. So what the hell am I talking about? I’m talking about my own, personal DNA model for assessing individuals’ business strengths and weaknesses. It’s really more of a simplistic philosophy, and it certainly is not backed up by any credible research - but it works for me.

So how does it work? Most of us – particularly if you have a lot of years under your belt like me – have a tendency to “size-up” our professional colleagues and associates. We may do this consciously or unconsciously, but we all do it. You may think to yourself “that guy’s a jerk” or “she’s quite the talker” or “that person really works their butt off.” In each of these cases, you’re essentially assessing the strengths and weakness of the people with whom you work.

I do the same thing, but sometimes my mind works in ways even I don’t always understand. You see, I have developed a sort of simple and quick mental philosophy for categorizing my business associates (and myself) across four broad attributes:

·         “L” for a great “leader.” Is this person a visionary? Is he or she inspirational or motivational? Do people follow this individual and their beliefs?
·         “M” for an effective “manager.” Is this person good at managing people? Are they good at managing projects? Do they effectively manage a product or service area?
·         “D” for a hands-on “doer.” Is this person a worker? Do they roll-up their sleeves and do actual work? Are they a work-horse? Can they perform a variety of work-related tasks?
·         “T” for a prolific “talker.” Does this person talk a lot? Are they an effective speaker? Do they prefer verbal communication over written communication?

If you’re extremely capable in one of these four areas, I give you a capital letter. If you’re moderately effective, I give you a small letter. If you’re not at all capable, you get nothing (or an “x”). When you put all four together, that’s your business DNA – well, according to me at least.

As an example, and in the interest of full-disclosure, I consider myself to be l-M-D-t. This means I am a moderately good leader, an effective manager, a roll-up-your-sleeves doer, and a moderate talker. Pretty simplistic, but I think most people who know me well would probably agree with that assessment.

As an additional example, here is how I would assess and contrast the business DNA of the co-founders of Apple (based on what I know about them, anyways):

·         Steve Jobs: L-m-x-T … a visionary leader who spoke very effectively, but probably wasn’t the greatest manager or doer of day-to-day work.
·         Steve Wozniak: L-x-D-t … a person that led others through the inspiration of the things he was able to do; not by managing people or giving eloquent speeches.

In my model, if a business person has a high degree of L, M, or D, they can be effective. However, I have found that persons with a high degree of T, without moderate capabilities in the other three areas, are pretty much worthless. You know the type of person I am talking about? Those obnoxious people that can talk your ear off, but when it comes to actually getting work done, managing a project, or showing some leadership – they fall completely on their face. Unfortunately, I’ve worked with too many x-x-x-T’s in my career.

Conversely, I think people how are strong in only the L or D attributes can be very effective as long as they are well-placed. Solid companies generally have a lot of x-x-D-x people who come to work each day and work their butts off.  Likewise, an L-x-x-x individual can be a great leader with the right vision and personality.  I am hesitant to say the same about managers, however. I think an effective manager has to have a least a little d in them (x-M-d-x) to be moderately effective.

Although I’ve had my share of bad managers and leaders, I have also had the opportunity to work with some great leaders in my career. When I first started out in this business 25 years ago, I had an L-m-d-T boss and a, believe it or not, an L-M-D-T mentor as a colleague. It was the perfect way to launch my career! (Now if I can only forget about all of those x-x-x-T’s).
                      
So what do you think? Do you like this model or not? How would you rate yourself? How would you rate the business DNA of other well-known business people?

Scott G. Frederick
Marketing Professional & Hollywood Dad