You are a business owner searching for ways to improve the performance of your business and business processes.
You are lucky to have many options and strategies in today’s modern world!
As a business owner, you realize that accessing new ideas will not make your business successful. It is your ability and willingness to implement these ideas and drive change.
As a business coach, I have seen how successful business owners can accept the need to change and find a way for their staff to be motivated and empowered to drive business improvement.
However, change is challenging for everyone. We all fear leaving behind what we know, even though there is always room for improvement.
One of the business coaching tips I share with clients is that your ability to make positive changes in your business and personal lives depends on your secret DVP formula.
What’s the DVP formula?
This concept states that success in change requires high levels of effort.
1. Dissatisfaction;
2. Vision; and,
3. Planning.
What does this mean?
Why would you change your position if you and your team don’t feel dissatisfied? If it’s not broken, why change it? You can accept the current situation or have lived with it for many years, and you don’t feel the need to change.
The key is to understand how unhappy you and your team feel about a particular business process or financial outcome. If your drive to improve isn’t strong enough, you need to either find a way to increase your dissatisfaction or accept that it won’t happen and move on with another business problem.
Your DVP formula also requires you to have a clear vision of the goals you are aiming for. With a clear picture of your dreams, any change process will succeed.
Once you are determined to make positive changes in your current situation and have a clear vision of the destination you want to reach, your success or failure with your change strategy will depend on how well you plan to accomplish the goal.
The DVP formula states that if your team and you are dissatisfied with what you’re doing and achieving, you will be more likely to change a business process. Once you have developed a strong desire for improvement, you can create a plan to help you and your company get there.
You will likely get the desired results if these elements are strong.
How to Apply DVP in Your Business.
My experience has taught me that engaging the team early in the change process is the best way to drive business improvement.
In a workshop setting, ask your team to concentrate on the business process you wish to change. Then, have a full discussion about the impact on the company and each team member. The more negatives the group discusses, the better!
Your team should then discuss the improvements they want to see in the business and the people in their lives. Then you can start to envision what the company could look like if these changes were made. Your team and you will be more dissatisfied if you keep your eyes on the future and work opportunities. This will make it easier to plan for a change.
Use a whiteboard again to list the benefits you can achieve by making changes. This list of benefits will help you define your vision of the goals. You and your team can develop a clear understanding of the vision by engaging in an open forum discussion.
Once you clearly understand your current situation and a vision of the future, it’s time to start discussing ways you can help your business reach those goals. This will allow you to brainstorm ideas and help you narrow down the best strategy for your company and team.
This process will help you to create a change strategy that works in your company.
How to Apply DVP to Your Personal Life.
This DVP formula can also make significant changes in your personal life. Are you looking to quit smoking, lose weight or change your career?
These things are not easy, but it is easier to do when you envision yourself as a nonsmoker, a fitter person, or working in a career you love. With the help of a mentor, friend, or professional, you can develop and commit to a step-by-step plan to succeed.