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Posts Tagged ‘mastery of detail’

Mastery of Detail – Leadership Attributes That Are Critical to Your Success in Business

Wednesday, April 28th, 2010

Mastery of detail may seem very complicated, but it is a key leadership quality that you must develop. Your choice is to either master the detail or let the detail master you.  Napoleon Hill‘s “Think and Grow Rich” write that this as one of the eleven critical attributes in leadership development. For example, if we were 6 miles apart and started walking towards each other, but we were one degree off. We would never end up in the same location because of that slight deviation.  If that slight detail continued to be overlooked, then how far will we truly be apart?

The sooner we adjust our journey the less chance that it would become a major flaw in your plans. The big picture is normally easier to handle overall, but sometimes you must get down to the nitty-gritty of most situations.  If this quality is not part of you, then find the right person to handle that task. A true leader knows his weakness and uses his resources to overcome it.  One minor detail might put a hole in the boat, but a combination of neglected details might sink the Titanic. A businessperson will fail in the long run if he or she always overlooked the minor details.

For example, if you have the following 4 step system in place to increase your business

1. Generate leads using different lead generation  methods

2. Have a discussion with potential business partner
3. Invite potential business partner to get the information needed to make discussion
4. Follow-up for final decision

You will fail in this model if you had no leads to call which is a major detail. You might be a little successful if you only did only 1 to 3 on a consistent basis. The follow-up even though a minor detail could be the difference between being truly successful and unsuccessful. The leader who masters the details in a business transaction will truly have more success, than the one who just wings it.

For instance if your client is a vegan, but you order a meat entree for lunch that little detail might be the difference between keeping or losing that person as your client.  The chances that your business will grow under these circumstances are slim to nil. Napoleon Hill highlighted mastery of detail as one the key leadership qualities.  What other qualities do you look for in your leaders?

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Mastering Details is a Major Part of Business Success

Tuesday, June 30th, 2009

Mastery of Detail is an excellent leadership attribute to have in developing a successful business. There are 5 fundamental principles that are essential to mastering the nuances of the detail. We must become skilled practitioners of the system that we use in our everyday business to get to the next level and beyond. I will use going through the process of focusing on your core business clients as a way to demonstrate the processes of becoming a true mastery of details.

They are 5 guiding principles in mastering the details in your business as listed below:

1. Initial Impact

You normally have a core segment of our clients that like clockwork always orders our products or use your service on a consistent basis. We sometimes take these clients for granted and instead focus on “new” business. We have these clients in our hip pocket so we “ignore” them.  When we ignore people sometimes our competitor come along and listens to this segment and you lose them as clients. If you had a system in place to counteract this minor detail, then loss of revenue would not have occurred.

We tend to spend our time on “new” business who tends to be people that are expensive to acquire whether they are asking numerous insignificant questions or taking up your time. They either order little or no business which makes acquiring new business a very risky investment. What kind of impact could we have if we changed our focus and invested in ways to pay attention to our core business?

2. Repetition

The key to running a marathon is the first step, so we must develop ways to keep our core clients happy.  Once we institute these methods we must make a conscious effort to use them on a regular basis. You should continue to chase new business, but you should only indulge in win-win relationship.  Repetition is the motherhood of learning so the more you repeat this practice the better chance it will become a standard practice in your business. When everyone in your organization is focuses on the simple detail of not ignoring your special clients.

3. Utilization

If you don’t use new ideas or concepts, then they will just die on the vine.  The old adage of use or lose is truly adaptable here.  The benefits of focusing on your core business will lead to referrals and increased revenues.  The main work is in the execution of the details but the benefits are unlimited.

4. Integration

We must repeat this process again and again and again until it is embedded in your business’s system.  When focusing actively on a certain detail, then it is integrating into the normal day to day operation of your business.  Once true integration occurs then we just have to follow up to make sure that integration is here to stay.

5. Reinforcement

The benefits of mastering this detail are in the follow up.  When you master one detail you must always make sure that your people continue to focus on this detail on a daily basis.  We inspect what we expect so if we don’t continually apply attention, energy and focus to reinforce this detail then it will just become ineffective

I use this example of tapping into an ignore resources in our business to show that to truly master detail is a commitment that you must make on a conscious level.  If you are able to identify the different areas of your business with this same focus there is no doubt that you will be successful in your business.  You must give attention, energy and focus to all the little details in your life and business to make the necessary changes.  Successful leader will use these 5 fundamental principles to become a true mastery of detail to take his or her business to the next level.

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