In order to make sure the operation was always on track, I gave each of my team leaders a simple assignment: every week at our leadership meeting, they should bring their top 3, meaning, “What are the top 3 challenges you are currently facing, and what solutions are you developing to overcome them?”
I saw this as a proactive approach to make sure everyone on the team was engaged in the solutions of our biggest problems and that we were always making progress towards our goals. I now know that this approach towards tackling your biggest problems in business is known as deficit based management and according to Gallup, is the way most managers approach their work:
- Identify the biggest challenges and threats.
- Do an analysis of root causes.
- Brainstorm solutions.
- Develop action plans to address the challenges and implement solutions.
I think one of the reasons that this approach is so widespread is that it works. Many businesses are successful with a deficit-based approach, and I myself have had a successful career by making sure that I focus on and fix the biggest problems that my customers and employees are facing.
Is that enough?
But focusing only on deficits creates a missed opportunity.We may be neglecting to consider the ways in which positive aspects of our business can inform and inspire us.
If we spend our time focused only on our weaknesses, we may fail to learn from and leverage our strengths, we may ignore our happiest and best customers (or employees), and we may find our energy sapped from dealing with problems day-in and day-out.
Profit from the Positive: Proven Leadership Strategies to Boost Productivity and Transform Your Business is a new book by two fellow MAPP colleagues providing a variety of strategies that business leaders can draw from positive psychology and positive organizational scholarship to improve their businesses with a more positive approach.
The authors, Margaret Greenberg and Senia Maymin give specific tools for applying the positive sciences to business in a variety of ways:
- Accomplishing goals by developing resilience and challenging your own self-limiting perspectives
- Tapping in to the contagious nature of positive emotions while managing and minimizing the impact of negative emotions
- Hiring based on values
- Managing more from strengths than from weaknesses: Not just “What needs to be fixed?” but also “What’s working well?”
- Creating engagement by recognizing accomplishments of employees and establishing positive performance evaluations
- Infusing positivity into meetings
A Different Approach to MeetingsSo how might “Profit from the Positive” have changed my leadership meetings from La Costa? Greenberg and Maymin give three tips for enlivening meetings:
- “Start with a sizzle.” Starting meetings with everyone sharing their biggest problems may be productive, but it’s not very motivating. Greenberg and Maymin suggest starting meetings on a positive note to get everyone’s energy up and bring out the best of your team.
- “Practice the peak-end rule.” The way things end have a big impact on how they’re remembered afterwards, so meetings should end on a high note. The authors share an example from fellow-hotelier Chip Conley who ended meetings by sharing positive stories in the last ten minutes of meetings “reminding ourselves why we’re in this business.”
- “Play your whole bench.” We already did this at La Costa, but it’s an important reminder that people see meetings as successful when they’ve had a chance to contribute. We don’t like to just passively absorb information. So making sure everyone on the team engages in the meeting in a balanced way means everyone contributes, everyone’s strengths are valued, and working as a team is emphasized.
Positive Management as a Business Advantage
Since most business leaders are immersed in their own negativity bias, there is a distinct competitive advantage for focusing on the positive side of the science.
Positive approaches remind us not only to fix our weaknesses but also to leverage our strengths; not only to give our attention to our most challenging customers and employees, but also to spend quality time with our best customers and employees; not only to cut costs but also to grow revenues; and not only to fix our biggest problems but also to celebrate our biggest successes; and to remind ourselves of the values that motivate us to come to work every day and do what we do.
If you are in business, it is likely that your competitors are neglecting some of these opportunities. If you can do them well, you can indeed profit from the positive.
Editor’s Note: A version of this article was published in Jeremy’s blog, The Psychology of Wellbeing.
Greenberg, M. & Maymin, S. (2013). Profit from the Positive: Proven Leadership Strategies to Boost Productivity and Transform Your Business. New York: McGraw-Hill.