Blog Archive for March, 2007
How to create a happier workplace

If one truly cares about the bottom line in the broadest sense of that term, the first priority is to eliminate obstacles to flow at all levels of the firm and to substitute practices and policies that are designed to make work enjoyable.
~ Good Business, page 81.

I believe that CEOs and their employees both want the same thing—to be truly happy. So how do you create a happy and productive workplace? Create conditions that foster flow.

Mihaly Csikszentmihalyi in his book Good Business shows how to foster flow in the workplace. His ideas apply to both CEOs and their employees. He finds that people are happiest when they are in a state of flow—which consists of 8 elements:

  • Goals are clear;
  • Feedback is immediate;
  • There is a balance between opportunity and capacity;
  • Concentration deepens;
  • We live in the present;
  • We feel a sense of control;
  • The sense of time is altered; and
  • Ego disappears.

Flow requires a balance of challenge and skill. If the challenge is too great for one’s skill level, the person will experience worry or anxiety. If the challenge level is too low, that person will experience apathy or boredom. Find the right mix of challenge and skill and the CEO or employee will experience flow—the highest state of happiness. Csikszentmihalyi graphs it like this:

Map of Everyday Experience
(from Good Business, p. 72.)

It’s important to note that flow is a moving target. What once was challenging and interesting is soon mastered—which presents the danger of boredom setting in again. The key is to find tasks that increase in complexity over time—enabling one’s skill set to grow and evolve.

The paradox of gaining power through letting go

DropEntrepreneurs are often driven by an intense passion to manifest their vision in the world. It’s what makes them successful.

But as companies grow, something interesting happens—many CEOs find that they need to learn to get out of their own way if the company is going to really flourish.

It’s ironic—a strong ego drive leads one to start a business only to discover that in order to be successful one must learn to let ego drop away.

It makes sense in a way—we all have to get out of own way in order to be successful as parents, as lovers, as friends, as colleagues. Further, ego or pride can prevent us from finding the best solution to a problem and if a company is going to really take off it needs to burst through problems every day.

So wise founders, CEOs, and entrepreneurs embrace the challenge of change—bringing in new staff (sometimes even bringing in a new CEO), new ideas, new perspectives, and new skills. A conscious CEO will do whatever it takes to move the business (and the world) forward.

As the CEO learns to let go, she often finds her visions flourishing beyond anything she could have imagined. As ego drops away, business becomes something of a spiritual pursuit—bringing depth and flow to all aspects of the CEO’s life. Paradoxically, as CEOs become egoless they become more powerful than they ever could have imagined.

How are you investing your 4Ts?

The 4 T’s
Any founder or CEO invests what I call the 4Ts—time, treasure, talent, and trust—in their business. Time includes both physical time—the amount of hours you show up to fulfill your vision, and psychic time—how we direct our attention. Treasure includes the actual cash we invest and the opportunities that we forgo in making this decision. Talent is the skills, experience, and wisdom that we bring to the endeavor. And trust is the emotional investment—the faith we place in ourselves, partners, vendors, customers, and the world.

Our 4Ts are a finite resource. Effective allocation of our 4Ts is essential to creating a great business.

We invest our 4Ts for the purpose of generating a favorable return on investment (ROI)—more time, more treasure, more talent, or deeper trust. The particular facets of the ROI differ for each of us—but the bottom line of any ROI calculation is that we are all searching for happiness. Skillful allocation of our 4Ts leads us to happiness.

Welcome to my blog!

WelcomeI’m delighted to have my website up and running! Thanks to my team of Toby Rogers, Jason Lange, and Andrew McDuffee who did a wonderful job of getting it built!

We’ve added blog functionality to the site so that I can comment on emerging trends in business and share new ideas from time to time. We welcome your comments. You can also subscribe to the site and new updates will be sent to you via e-mail.

We look forward to hearing from you and helping you manifest your chief good in the world!

~Steve Frazee