In this episode, Charlie discusses the concept of 90-Day Organizational Challenges and how they can help bring together different departments within a business towards a common goal and align everyone on the same page. He provides several examples of the challenges that Broad River Retail has implemented over the years, including the very first one he did as a new President and CEO. Charlie also explains the importance of effectively utilizing challenges and avoiding pushing too hard, highlighting how businesses can find what works best for them.
Charlie talks about Broad River's current "40-Day Climb to the Top" challenge and emphasizes how bonuses, rewards, and incentive programs can generate excitement and extra motivation, especially in departments that do not typically have bonus programs. These challenges can provide those extra bonus opportunities to employees for going above and beyond for a short-term duration to chase down a big goal. This can be a chance for the Company to display a spirit of abundance and mutual prosperity with its people, because when the Company wins, we all win together.
Big challenges are an effective way to align people in the short term. He explains that challenges can help generate momentum towards big organizational goals. Charlie stresses the importance of connecting with the "why," providing the right incentives, and promoting mutual prosperity to elevate everyone together. An effective "90-Day" Challenge can help a Company to outpace its moving average or previous baseline and to push past its expectations. That's why the goal at first might scare you, but if you can generate buy-in across all departments, get everyone on the same page rowing in the same direction, and working together to creatively pursue the big goals with extra incentives, then you can demonstrate that sense of collectively winning together.
When done well, big organizational challenges can serve to reset everyone's expectations for the "Art of the Actual" while elevating the Company to a new baseline level of performance.
This episode on YouTube: https://youtu.be/sBcs-Aiw-Z8
Watch the Half Marathon episode here: https://youtu.be/0RRlHdsrtIA
Listen to the Half Marathon episode here: https://traffic.libsyn.com/e9b7065c-2505-469c-b447-c51c0d8d1e09/113-_Charlie_and_Caitlin_run_a_half_marathon.mp3
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