In doing so the other day, I came across an article that reminded me Office Depot acquired Office Max … no big deal, acquisitions happen all of the time.
However, what caught my attention was the headline … ‘Office Depot to Close at Least 400 Stores’ … no need to read the article, it’s clear they are addressing redundancy in the combined business and will save a large sum of money in the process.
This got me thinking about you.
My leadership tip for you this week is to seek out and eliminate redundancy in your organization.
If you think it doesn’t exist in your organization, you are kidding yourself and not trying very hard. Look at roles and responsibilities, marketing efforts, staffing levels, processes, services, meetings, policies and procedures, social media, paper work … where do you stop ?
Select one area. Focus on it and squeeze out the redundancies.
The benefits of eliminating redundancy are obvious; here are my top three;
1. Less confusion and uncertainty leads to greater employee engagement.
2. Improved productivity and greater efficiencies lead to lower cost.
3. New opportunities to focus on that will help you profitably grow your business.
All good stuff, now how about you ? … Are some of your actions and / or activities, redundant?
As leaders, we want to continue to improve, so think about how this quote from Teller (of Penn and Teller fame) applies to you; “Generally, magicians don’t know what to say, so they say stupid and redundant crap like, Here I am holding a red ball.”
Think about what your leadership redundancies and take steps to improve ?