Vital Questions Top CEOs Ask Their Teams Constantly
As a CEO or one of your company’s top leaders, there are many ways you can go about determining if your business is on track. But when it comes to understanding productivity, as in how productive your people are relative to the results they’re creating, the last thing you want is to go on a wild goose chase trying to find out what’s working and what’s not. Fortunately, there are some vital questions you can ask to get razor-sharp clarity on your organization’s productivity. The answers to these five questions will help you:
- Improve goal-setting
- Make more empowered decisions about your company’s strategic direction
- Discover how to more effectively lead and inspire performance.
Asking these questions is a proven practice that disciplined leaders do regularly. They do this purposefully, creating a winning culture, where everyone feels inspired, productive, and rewarded relative to what matters most. Here is a list of the questions:
Do I Have the Right Talent?
The very best leaders are purposefully and strategically surrounding themselves with talented teams of people. These carefully chosen individuals possess skills and innate gifts that surpass those of their leaders. These employees are working alongside their leaders and behind the scenes, driving productivity, profitability, and overall success.
Part of your responsibility to lead your team requires finding the very best talent and helping them achieve their full potential. You must also choose those who have the capacity to deliver according to job requirements and exude openness to learning and growth when asked or required.
In terms of having the right talent, it’s also extremely important to hire who is right. Studies have shown that 80 percent of turnover is directly tied to bad hiring decisions—and turnover is expensive! In fact, for some companies, hiring mistakes commonly cost hundreds of thousands of dollars.
Do We Have Goal Clarity?
Starting with you and then moving out to the front-lines of your business, determine whether everyone has a good grasp of their major goals. Look for opportunities to pull employees aside and ask “What are your goals?” or “How are you performing against your goals?”
If individuals struggle with articulating their goals, perhaps describing activities they are doing instead, you’ve got your answer: They are not clear on their goals. View this moment of truth as an opportunity to take corrective action to get your team focused on clear objectives.
Goal clarity is vital to your organization’s success. In our experience cultures that embrace a “What’s the goal?” mindset are more productive. In fact, we’ve seen companies once slacking in productivity make leaps in progress by simply asking this question consistently. It’s powerful!
Do We Have Goal Alignment?
Assuming everyone at your business has clear goals, explore whether the goals for different departments are aligned or opposed to each other. For example, if a core goal is to reduce overtime across the firm and in response you cut customer services hours, it is likely that customer satisfaction will decrease as the complaints increase. This is a classic case of goal misalignment. High performing companies and leaders work hard to ensure goal alignment.
Are We Holding People Accountable?
Real accountability requires sheer discipline if it is going to work. It’s not easy, but the effort and short-lived pain are worth the gain. In fact, this discipline is essential to achieve the goals of the company. You must drive accountability down through the organization to fully impact it.
Regularly scheduled meetings where performance gets reported and measured is an excellent approach to get every team member on the same page and focused on the right goals. These meetings also provide insight into what’s working and what isn’t, who needs coaching, and, ultimately, who is engaged and not engaged.
How Are We Performing Against the Competition?
The very best organizations know their competition inside and out. They use this information to spot opportunities and make critical decisions about what direction to take their business and how to increase productivity by developing and supporting their people differently.
Knowing your competition gives you an opportunity to create a competitive advantage. Ask your team to explore how they’d feel if they could do something new or different relative to the competition. Then inspire their productivity, giving your employees the freedom and support necessary for developing cutting-edge solutions that align with your company goals.
The Bottom Line
Questions are a powerful teaching tool for leaders. By asking the right questions, your team develops an understanding of what you view as important, promoting clarity and focus. While there is a nearly endless supply of questions you can ask, the five described in this article promotes focus on the issues that drive employee productivity and performance. Use them in great business health!
Updated by Art Petty