Do you have entrepreneurial units or business units?
How do you see your employees?
Recently, I witnessed a “Great Game of Business” (GGOB) weekly, all-company huddle at SRC Electrical. It was an enlightening experience seeing an entire plant full of employees who were fully engaged. They were all invested in improving the financial performance of their organization. This ties directly to creating growth.
Later in the day, there was a presentation for the guests. The speaker said something during that time. It has stuck in my mind ever since. It is part of their company culture of ownership.
“We don’t have business units. We have entrepreneurial units.”
Do you think of your organization’s people as having entrepreneurial mindsets?
It was clear that all units of their business have an entrepreneurial spirit to them. They all know how their work impacts the bottom line. Some of their units are profit centers. Some are cost centers. However, all of them understand their contributions. They affect, positively or negatively, the bottom line. They’re all working to contribute to improving the bottom line, even if it’s indirectly.
It’s SRC Electrical’s expectation that their people understand the impact that they have on the success and bottom line of the business. The leadership is actively involved in teaching each and every department and employee HOW they make money for the company. This results in an extremely high level of engagement. They expect them to learn it, and they anticipate that they are smart enough to figure it out and act accordingly.
This is another argument for getting the right people in the right positions.
Shouldn’t all of your business units, whether they are profit centers or cost centers, be entrepreneurial units?