How Doug Hall Helps Coach Leadership and Management Teams to Build Better Business Operating Systems
Business owners and leaders are often pulled in a million different directions. And there are a million different business operating systems and programs to try to fix this! Doug Hall is a business coach who cuts through the noise to help companies find the right solutions to transform their business.
Doug Hall supports business owners who are not satisfied with the status quo—they know there’s more, but don’t know how to get there! Doug’s solutions are not one-size fits-all but is about the right solution at the right time. I invited him onto an episode of the Stride to Freedom podcast to learn more about what this might look like for business owners who are ready to make that change.
Questions Business Leaders Should Ask
Doug says that “retirement is the leading cause of death among leaders.” This is because most business leaders’ identity is completely intertwined with their position as a business leader. To avoid this, Doug says there are three questions business leaders need to be asking and answering:
- Are you on track to achieve your vision, both personal and professional?
- Are you getting more time freedom or is your business consuming your time?
- Are you planning for your exit?
The key to these three questions is building and strengthening a leadership team for your company. It’s the only way to get more time freedom, achieve goals, and eventually leave your company in a way that works for you.
A Better Who Than You: How to Scale Up Your Business Operating System
Many business leaders love the idea of a new operating system or to build up a leadership team. But they often believe they afford it or aren’t in a place where they can raise up a team.
The focus should be around finding a better who than you. Instead of business owners asking themselves, “how am I going to do this?” they need to ask, “who can I bring in to help?” When you have this mindset, you can stop doing everything yourself and start building up an effective leadership team. Here are a few ways to do it:
- Outsource as many of your tasks (i.e., bookkeeping) to other people as possible.
- Build up a leader from within your organization.
- Be careful about a “one size fits all” solutions and quick fixes—change takes time and is an ongoing process to work through.
The mindset shift of focusing on who can help you rather than how you can do it all yourself is the way to build truly sustainable and effective business operating systems.
Success and Failure Factors for Business Leaders
Doug has worked with a lot of clients and learned what the red and green flags are for successfully implementing a new business operating system.
For “red flags” or failure factors, Doug pointed out one scenario in which the leadership team was not 100% on the same page. Some wanted to work with him as a coach while others didn’t. This, alongside cultural differences, and a lack of open communication made the process impossible.
On the other side, Doug has a few “green flags” or predictors of success that he looks out for. They are, simply: humility, a hunger for growth, and the desire to enable a strong leadership team. These factors help business owners truly transform both their companies and personal lives.
This Stride Live Webinar is hosted by Stride Services. Stride is a comprehensive financial solutions provider, specializing in outsourced bookkeeping, accounting, tax, and advisory services for Managed Service Providers.
If you’re interested in being a featured guest on our Live Webinars or if there’s a subject matter expert you’d like us to interview, please let us know!
——————-
Show Notes + Transcript:Â
Doug Hall: LinkedIn
Resources for CEOs: Website/LinkedIn
Doug Hall: Email
