In almost every business employees want to grow, and when you’re a good leader can help make your company and your financial security ascends. But to be in control of your business and employees need to create systems. I doubt that this is the first time I’ve heard that the systems are the key to managing your business.
As Michael Gerber says – “You need to let the systems business and direct people to point the systems, people come and go, but systems remain constant” There are three main theories of management:
- Theory X: “I am the owner, I’m the boss. I built this company with my blood, sweat and tears. Do what you say and do not ask questions. “
- Theory Y (which was taught in college): “I’m the owner, I’m the boss. I built this company with my blood, sweat and tears. This is what I want you to do, tell me what you think and tell you if it’s okay.”
- Theory Z: “I’m the owner, I’m the boss, and I’m the manager. I built this company with my blood, sweat and tears. I always know if something is important, I understand that my team knows a lot too. In fact, about work, maybe they know more than me. In the important decisions that involve others, I involve stakeholders and find the best response.”
When you ask employees: “If you have a problem or an opportunity and we are an organization managed by the Theory X, whose will is the problem”, the answer will be “the boss”. If you ask, “If we are in a business run by the Theory Y, whose will is the problem”, the answer will be “the boss”.
If you say the same but the company follows the philosophy of Theory Z, the answer will be “ours.” With this theory we all are on the same side of the table to work together to solve the problem. Once you have that mentality, have more freedom, a business that will improve each day while you are not present and the ability to go on vacation for three weeks and return to a better company you left.
You cannot use the Z Theory for everything your team wasted time in meetings. But the reality is that after all is implemented for a while, not just your company is more efficient, but you’ll spend less time in meetings fixing things.
When should you apply the Theory Z?
- When you’re working in one of those big problems that will have a better response when you involve the stakeholder group.
- When you have a problem that is causing a conflict in your business.
- When the results of what you choose can significantly influence the other group. If sales people are deciding it will affect the store, you should have at least one group interested in this team.
- When someone asks. For example, when someone says, “I tried to change this and cannot do. Can we get a group and find the best way to do this?”
When your entire team knows that you value their opinion and expect your help to improve things every day, really you control your business and your life.