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Guest: Tom Asker, an artist, award-winning inventor, screenwriter, professional magician, and author of several best-selling books on faith, human behavior, and personal transformation.
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Overview: The story your company tells about itself can be an important part of your brand, your history, and your culture. But companies can also get so wrapped up in their stories that they lose sight of everything they’ve been able to accomplish.
On today’s show, Tom Asacker discusses the power and limitations of your business story and how CEOs can rewrite their story to make it a Big Happen.
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Tom Asker on changing his story:
“If we are not happy with the story we are living, the key is to understand that we are not living the story. When we wake up each morning, what we are is the pure potential of the universe. Yes, we have knowledge. And we have a history. But that history is not us. This knowledge isn’t necessarily what the future is going to look like, it just informs the decisions we make. We’ve wired our brains in such a way that that story becomes a river that flows through us and it carries us so that someday we wake up and we say, ‘What happened? ? How did I get here? I do not remember it. I don’t remember being like this. What should I do?’ And this is what creates so many problems for people in this life and the hereafter. They probably change careers or lose their jobs. And then they have to say, ‘Okay, what am I now?’ You too were nothing before. You were only talking. You were running a company at this time. It doesn’t matter because you can do whatever you want to do.
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Tom Asker on creating value:
“Value is not cost. It has all kinds of components. Aesthetic value, value of doing good, value of feeling better about yourself, your physical self, your social self. There’s a bundle of components to go into value Now, if that’s how you create value for the external, now you look internally and you say, what am I doing internally in these different functions within the company that I directly relate to that value Can the outside world see what I’m creating? And I’m telling you, if you can’t see it, if you can’t see how your finance officer’s work translates into value for the outside world, So you shouldn’t have a finance officer. You should get rid of them and outsource it or something. I look at everybody who works within an organization and ask, ‘How is your department creating value? Is?’ Because extrinsic value, consumer value or customer value is the only thing that keeps you in business. That’s what pays the bills. Everything else is what you’re doing so try to keep doing it and grow. .
Tom Asker on getting stuck on the “how”:
“When you’re trying to manage something, storytelling can make you uncomfortable. And it makes you comfortable focusing on the HOW. But people who talk about HOW are wasting time. You have people working for you, you give them something to do. You say, ‘These are the results we’re looking for.’ You make sure everybody understands it and you measure it and then you get out of their way and it doesn’t matter how. I had a bigger problem with it. I used to watch people do things and it was my It took me a long time to let it go. Think of Dick Fosbury. Why would Fosbury’s coach care if he wanted to jump over the bar backwards? I don’t care that he How does it go up. How high is it? And that’s what happens in organizations, is This How Thing is a very hypnotic hypnotic thing, and it makes people feel good. It gives them something to focus on. And that’s what creates these perfectionist, impatient micromanagement people. They’re not aware that HOW is irrelevant. Let people do what they want. And in the end, you end up with happier, more passionate, more creative employees. ends.
Link:
Laquita Cleare on Helping CEOs Master the Art of Storytelling Whether you’re speaking at a conference or addressing your employees on Zoom, effective storytelling that shows who you really are and what you can do Giving audiences the opportunity to engage with your core topics is vital to connect, inspire, and make BIG possible.
5 Keys to Inspire a BIG Culture Change Andres Molano of CEO Coaching International shares a five-part framework CEOs can use to drive a BIG culture change that starts a promising new chapter for their companies Will do
About CEO Coaching International
CEO Coaching International works with CEOs and their leadership teams to drive exceptional results quarter after quarter, year after year. Known globally for its success in coaching growth-focused entrepreneurs to meaningful exits, CEO Coaching International has coached more than 1,000 CEOs and entrepreneurs in over 60 countries and 45 industries. The coaches at CEO Coaching International are former CEOs, presidents or executives who have done BIG. The firm’s coaches have led double-digit sales and profit growth from startups to businesses in excess of $10 billion in size, and many are founders who have built their companies through successful eight-, nine- and ten-figure exits. advanced from. Companies that have worked with CEO Coaching International for two years or more experienced an average EBITDA CAGR of 67.8% during their time as a client, nearly four times the US average, and a revenue CAGR of 25.5% which is more than twice the US average.
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