There comes a time in every business when you look around and say to yourself "This just isn't what I had in mind." Be it the culture turned out differently than you wanted, the revenues aren't what they should be or you just don't like where things are headed. There comes a time when you realize your business has outgrown it's structure; that your products have pivoted but your organization hasn't.
This is a tough spot to be in for any business owner of any age. Why? Because as business creators and entrepreneurs we thrive on the innovation; on the Kaizen of the experience. Without that bait you risk losing the luster. I think this is what we call harnessing Intrinsic Motivation. Sometimes it gets out of whack. That's ok! What's important is having a process of alignment ready for deployment.
Dead-End Road In West Gee-Hossa Flat
The first step in getting yourself (Your Company) unstuck is determining what stuck actually is. Stuck is different for different companies. Stuck is different depending on the situation. Sometimes you can have a few different versions of stuck happening at the same time in different parts of your organization. So the important part is defining those pain points.
Is it deliverables that are suffering? Is personnel the route of the problem that is ultimately manifesting itself in poor office moral? Is there a lack of company culture because it isn't being influenced from the top down? These are all different problems that can be restructured; you just have to put the work in to really define the issue.
How Do I Get Out Of Here?
Often times we make the assumption that in recognizing a problem we begin the process of correcting it. Other points of view suggest that we just stop doing the "bad behavior" and by proxy correct the issue. I'm not so willing to place my confidence in such arbitrary tactics. For me the path to proper restructuring involves not only recognizing and ceasing damaging behaviors or actions but also in creating the perfect version of those behaviors or actions that will fill the void.
If we route out something that's negatively impacting our business but fail to create something positive and functional to put in it's place we'll ultimately find ourselves back in a similar dilemma. Something that has intention and embodies your businesses goals and ethics will create a windfall but you need to know what that "something" is!
Defining What You Want!
So.....now that you've extracted the problem it's your turn to imagine what the ideal version of that situation would look like. Now is the time to spitball ideas, pow-wow with your teams and ask yourself the hard questions.
This moment of brainstorming is one of the most critical in the Restructuring process. Why? Because it is in this place that we realize what the problem situation should have looked like all along. With that insight, we start to extrapolate how things will change in our organization if the idea is implemented.
The Hunt for Gold
Now that you know what you want the process/idea/overhaul to look like it's critical to find the right practitioner for the job. This is literally a hunt for gold. Since you've defined where the problem stemmed from, and what the ideal solution would be you have a pretty good idea of the types of personality and business traits that would excel.
We're only as good as the people we surround ourselves with so when it comes to driving change, to really restructuring, having strong leadership in place that understands the intention, has the confidence to inspire progress and the drive to see the job through will be critical. Hunt for that gold long and hard, be highly thorough in your vetting and then give them the reigns and smack the horse.
Create a Coat of Armor
Now that your team is in place and the initiative has been realized don't just send everyone to the front line naked. Make sure to take the time to build the proper processes around the work you've done. Put systems in place to help your team thrive and grow! Include their feedback as you go along; their POV is a valuable asset.
Take the time to implement and acknowledge the idealogical changes you're creating in your company. How you communicate your vision for the future and how it impacts your team will be your defining moment. Leadership and politics are a heady brew; the visionary understands their role in everything but also that each need their own balance.
Back to the Battle
So here we are! Are you done? No way. Remember, this is a process of constant improvement; raking the sand. A healthy methodology that supports the active restructuring of processes and intention in your company will prove to be one of the highest forms of ROI your business will ever receive. And it's Free; all it takes is your time.
Do you have any ideas about Creative Restructuring? I'd love to hear about them in the comments below. I'll comment back!