Joy at Work(er) Blog

The People Part of M&A

management Dec 27, 2019

Written by Ed Cook

The amount of research on why Mergers & Acquisitions (M&A) succeed or fail is voluminous but not particularly clear. M&A is often not successful. Early research focused on strategy and structural factors, but the results were mixed.  More recently cultural factors are the focus, but this opens up significant complexity onto the study of M&A.  Still, the work is revealing.  

Intriguingly, some scholars have found a positive effect between cultural differences and the success level of M&A.  

This finding seems to be explained by the core strategic idea that merging two different sets of capabilities can produce a better performing combined company.  With more skills and a broader knowledge base, the new combined company can more readily succeed. The key activity is capability transfer so that the abilities of the two organizations are combined into the new one.  To get fantastic success means that the...

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Conducting Joy

leadership Dec 08, 2019

Written by Ed Cook

While watching a symphony or orchestra or choir, I’ve often wondered what the value of a conductor is to the other musicians. Afterall other music groups seem to do fine without one. Rock bands, jazz groups, a cappella ensembles, all manage without a conductor. I got an interesting glimpse into just what a conductor does after viewing this smile-inducing clip. A professional ensemble sets up on a city street with a sign that invites passersby to “conduct us.” We are then treated to a series of would-be conductors who produce...what? The ensemble does not need them to create music. Yet each of these conductors brings something special...joy!

As the first conductor steps forward, the glee on the faces of the musicians is striking. They are truly ready to take on whatever the conductor can provide. As each new conductor steps forward, we see some take on a persona of a conductor, some test the limits of their powers by spotlighting a particular...

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Competency Fallacy

management Oct 18, 2019

Written by Ed Cook

In corporations around the globe, managers are engaging in a process to develop their associates. At least they are trying to do it. These well-meaning attempts typically include some sort of a model of competencies. The manager is supposed to “ground” an assessment of the employee’s competencies with behavioral examples when they exhibited higher or lower levels of these competencies, then finally give the employee a score against each competency. There are a few core questions to examine in this system of thought. 

First, what is a competency? So many companies talk about these. Rate their people on these. Determine promotions, bonuses, and raises on these. Companies define competencies like “strategic thinking” and “builds relationships.” These certainly seem useful. Who wouldn’t want an employee to be great at these two competencies and others? Typically, competencies are the more intangible traits that a...

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What is your context?

joy at work leadership Sep 10, 2019

Written by Roxanne Brown

In work, I often feel pressure to offer others an insight or something else that may be valuable within just one conversation. That means giving something without attachment to whether or not it’s received as I intend. I recognize the limitations of that because I can’t fully know their context. I can only try to get a glimpse in that one moment. 
 
The pressure I feel is self-imposed. It’s based on my interest to try to alleviate the pain, self-doubt, and confusion people feel when working together. I try to give others new words, a new concept, a new frame that comes from my belief that people are generally good at their core. I believe people want to do work that’s meaningful in some way, however small.
 
This personal interest began with a childhood decision. At a very early age, I remember very clearly that I made a conscious decision to work, to have a career, so I could be independent. I had a fierce independent...

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I did it!...now what?

joy at work Apr 19, 2019
Written by Ed Cook
Recently, I successfully defended my dissertation. That sentence is an incredible understatement of my emotions. The lead up to the day of the defense was laden with anxiety. Despite the assurances of certain success from so many friends and family, I was not certain. As I waited in the hallway for the committee to deliberate, talking with the friends and colleagues who had come to watch the presentation, I was fatalistic about the future. I hadn’t had that feeling since I was on the deck of aircraft carrier having completed my initial landings aboard the ship and now waiting to hear if I had passed. I mused over my fate: “Well no matter what I’m a pilot that has managed to land on a carrier, a tailhooker. That can’t ever be taken away.” Barely before getting into the back of the jet, the instructor said over the comms system, “Clear on the canopy, Cook you qual’ed!” I let an involuntary and joyful scream that had to...
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Feedback Foibles

management Mar 15, 2019
Written by Ed Cook
For much of my corporate career, I have heard: “feedback is a gift.” I think it is a gift I’d prefer to give back. Apparently, I’m not the only one. In their new book, Nine Lies About Work, Marcus Buckingham and Ashley Goodall discuss the growing distaste for feedback, at least feedback as it has been practiced for the last several decades. They point out the charged and emotional nature of feedback and how that can be detrimental to guiding improvement. I have certainly had the butterflies-in-the-gut feeling spread through me after hearing, “I have some feedback for you.” My anticipation is that the next phase will not be about how wonderful I am but rather a portrait of my shortcomings. With my emotional wall up, almost nothing of any value can penetrate. But maybe that protection is good. After all, what is feedback? It is certainly not an objective and universal view of my performance. At best, it is a perspective that...
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Meaning Inspired by Mission

leadership Feb 02, 2019
Written by Ed Cook
Is there anything that brings on the overwhelming urge to yawn more than a corporate mission or vision statement? This is supposed to be the company’s description of what it means to work there. It is the expression of purpose. But, (yawn)...it is often an example of mediocrity and stale wordplay. What makes me incredibly sad is that people crave purpose. Everyone, customers, employees, the lunch lady, everyone. And it is not all about money, as in cost for customers and pay for employees. It is deeper. Dan Pink’s book, Drive: The surprising truth about what motivates us, illustrates the impact of intrinsic factors like autonomy, mastery, and purpose as much more powerful drivers than money.   

If everyone desires an expression of purpose, then companies would start to describe that purpose in a statement that has meaning, real meaning. But how?

One way NOT to do this is with Corporate Mad-Libs. I love this phrase! This is the corporate jargon...
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Letting Go to Make a Ruckus

joy at work Sep 27, 2018

Written by Lauren DeSimone

This past July I participated in Seth Godin’s altMBA. The altMBA is designed as an alternative business course for “high-performing individuals who want to level up and lead.” Seth Godin calls these individuals ruckus makers because they’re enrolling in the altMBA to learn how to instigate change within their companies and communities. When describing my experience to others, I often said, "It's like going to human school and learning a bit about business.

Each altMBA session brings together a class of 100+ leaders in a virtual workshop setting for four weeks. It is a 30-day sprint during which leaders complete three projects a week, give feedback to peers on their posted projects, and share reflection summaries in response to the feedback they received. It is 30 days during which smart minds from all over the world thoughtfully challenge their peers’ best ideas. Each week’s projects originate from...
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Team Engagement

team engagement Sep 14, 2018
Written by Ed Cook
The last three months can be a pivotal time of year. Vacations are finished. The press of work and the hustle for families have returned. It’s easy to get lost in what is right in front of you instead of concentrating on your end-of-year goals. Don’t let that happen. Engaged teams emerge or vanish in opportunities like this. 

Team Engagement is the pinnacle of leadership. It’s the end result of a process that guides each person to their place on the team so that they can find their personal fulfillment in the team’s success. This makes Team Engagement a completely different beast than Team Building. 

Team Building is discovering more about the members of your team; what they enjoy, their creativity, or their competitiveness. It comes through playing bubble soccer, and attending wine and cheese pairings, or even a team lunch.  And, while Team Building is valuable, it is not Team Engagement. Done well Team Building can create...
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Balance, not just Prioritization

management Aug 26, 2018
Written by Ed Cook
There are a slew of books, blogs, and podcasts circulating that tout the value of prioritization. Essentialism by Greg McKeown, The One Thing podcast, even The Seven Habits of Highly Effective People by Stephen Covey all talk about prioritizing as the path to success. Yet, so many fail to achieve their desired success, why? 
 
Prioritization may be necessary to make progress by placing your limited resources against what you most desire to get done in the short-term, but prioritization is not sufficient to achieve your goals over the long-term. For the long-term balance is a necessary component. Here’s why. Prioritization is a powerful tool against the distractions of the day. It helps direct energy to where it can lead to the success of what is most needed now, and away from activities that may be highly demanded or even enticing in the immediate but do not help achieve your goals of the day. Prioritization...
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