Got a
Problem? Sooner or Later, You Will. That's Why You Need to Master the Ability
to Solve Them
Entrepreneurs
can learn a lot from the problems that inevitably pop up in any business--if
you go about it the right way. Forget about hunting the culprit. The more
important first step is organizing a lasting response.
By Howard Tullman Executive director, Ed Kaplan Family Institute
for Innovation and Tech Entrepreneurship, Illinois Institute of Technology @tullman
There's no such thing as good news for short sellers. They prey
on companies with the hope that the value of their stocks will drop
dramatically, based on rumors, lies and/or the occurrence of anything nasty,
but rarely due to actual changes in the real fundamentals of the business. They
pray for fake news, customer reversals, security breaches and any other
apparent "problems." Once they see a crack in the target
business's armor, they promptly tell the media that: "there's never only
one cockroach in the ceiling." This, they insist, is because history has
shown again and again that problems-- just like deaths and bad luck--come in
clusters. The shorts swear that there's always some additional bad (but
undisclosed) news about their victims coming right around the corner. And then,
the man-made and media-fomented avalanches and the runs on the bank begin.
Of course, in some cases, there's a real public service to
outing the crooks and warning the investing public or those others who are soon
to be sold a bogus bill of goods. Certainly, the recent case of the allegedly
larcenous lovebirds at Theranos is a good example of the
cascade of corruption that starts with a quiet leak and turns into a flood and
a PR nightmare that is still pouring out with the long-overdue criminal
indictments being finally made public. As far as the VC investors, insiders,
and window-dressing board members, they can fend for themselves and they
probably deserve a fair amount of the grief they have gotten or will soon get.
But you've got to feel bad for the hundreds of thousands of patients who these
phony pukes lied to about tests and test results and grateful that millions
more--equally unsuspecting -- weren't also victimized.
Now, even good companies are always going to have problems and,
in many cases, that's not even a bad thing - it's to be
expected as a part of any new business growing and maturing and stumbling from
time to time along the way. The trick for the people running the show is
to make sure that they see and hear about all of the problems and concerns as
soon as possible so they can be dealt with in a timely fashion instead of
letting them fester and get worse. Bad things don't get better by themselves
and nothing moves by itself unless it's going downhill. And, the bigger the
business, the less likely that bad news will make it all the way up to senior
management without being smoothed, sweetened or smothered along the way.
If you want the straight scoop, you've got to make a dedicated
effort to go out and get it. And, because even Superman can't be everywhere at
once, you've got to build a culture that promotes truth-telling and doesn't try to hide the
rotten fruit. It also helps to actively encourage your people to bring
you the bad news right along with the morning coffee. It may not be good for
your digestion, but it's a very smart strategy for your business.
Ultimately, this is about the core culture of your company, but
you can give things a big push in the right direction if you develop a
methodology and an approach to team-based problem solving that you can push out
and extend throughout the whole company. There's no single approach that works
for everyone, but there are a few basic ideas that you should incorporate in
your plan if you want to get the best results.
So, you've got a serious problem. What do you do?
(1) Focus first on fixing the problem and coming up with a
solution that isn't just a band-aid or a short-term fix. Take the time and
spend the money to do it right the first time so you don't have to fix it over
and over again.
(2) Separate what caused the problem
from who caused the problem and who's responsible for it.
Those personnel conversations can come after you extinguish the immediate
fires.
(3) Remember, once you get in the habit of fixing these
things effectively and quickly, you discover that people just want to get over
the hiccup and get on with building their business and they don't have a lot of
time to sit around pointing fingers at each other.
(4) Everyone on the team needs to own a piece of the
process and accept personal responsibility for helping to devise a concrete
solution. Trying to pass things off to others - superiors or subordinates - or
pretending that it's not your problem isn't an acceptable position. It's
everyone's problem until the problem is solved. All hands need to be on deck.
(5) Once the team agrees on the remedy, everyone gets
going and is responsible for implementing their part of the plan and the
solution. Waiting to be told what to do and how to do just won't do anymore. If
you need specific authority, or resources, or personnel, go ask for what you
need instead of sitting around and hoping that these things will take care of
themselves. They never do.
(6) When it's time to look backwards, make sure that it's
not all about the blame game. The idea is to learn from the mistakes and to
apply that learning going forward to prevent re-occurrences or similar problems.
If you do this correctly and do it consistently, you'll build a
business that learns from every step and stumble as well as all the good news
in the journey as it grows. But even more importantly, you'll keep the
inevitable sprinkles and slips from turning into storms and in-house strife.
