Are you really reaching your full potential?
Full Potential Group founder Carole Gaskell has been fascinated by business from a very young age. Brought up with entrepreneur parents, a business and marketing degree seemed inevitable.
After a variety of London-based roles she worked her way up a publishing startup to MD. āThe business scaled fastā, she says. āI opened up businesses in the US, Australia and elsewhere and travelled a lot. But I came to the realisation that I wanted to give something back.ā
Carole subsequently trained as a counsellor. While it was a step in the right direction, she realised it wasnāt quite for her. āI wanted to be more proactive, I wanted to push people forwardā, she says. āWhile Iām hugely empathetic Iām also impatient, so I didnāt really feel I was cut out to be a counsellorā.
In the US, in the late 80s/early 90s, she discovered coaching. āI was invited out for dinner with a guy from an agency I was working with and their business coach and I remember thinking, wow, what an amazing job!ā
She retrained as a coach, sold her business to the BBC and set up her own coaching and consultancy business. A client mentioned her firm in a Daily Telegraph article and business boomed, resulting in an increase in clients as well as a two-book publishing deal.
Since then, sheās written two further books and has an incredible goal: to help three million people unlock their potential between now and 2028.
So, how can you reach your full potential?
We caught up with Carole to find out.
Missed Caroleās webinar? You can find the full recording here.
āOne of the most important skills for a leaderā
āCoaching is a really hot topicā, says Carole. However, sheās also quick to point out that there is a time and a place for it.
āItās like selecting the right gear in a carā, she explains. āYou wouldnāt just drive around in first gear all the time. You wouldnāt coach all the time. But coaching is a fundamental part of any leaderās repertoire because ultimately youāre unlocking the potential and performance of the people around youā.
Coaching, she says, is one of the most important skills for any leader looking to scale and grow their business. āNo leader can do things by themselves. As your business grows youāll need incredibly competent and motivated people around you: people who will often know more than you about their subject areas.ā
It means that as a business grows, its leader increasingly becomes less of an expert in certain functions – which can feel daunting. Coaching, says Carole, is the only way to both unlock the potential in new people and truly understand what is going on in your business.
However, when it comes to improving performance there are traps that many business leaders fall into.
What are the common traps business leaders face?
Assumption, says Carole, is one of the biggest ways in which leaders slip up. āItās easy to assume that everyone is like you and to treat people in the way you expect to be treatedā, she explains. āIn reality, as we all know, everyone is different. Part of being a great leader is recognising the value of every single person but also recognising their personality types and motivators – really valuing that diversity in your team so you can bring out the greatness in everyone to make your business amazing.ā
Caroleās webinar included discussion around the colours of personalities: a means of quickly getting a sense of who someone on your team is and how they are likely to behave.
āSomeone who is Cool Blue typically has a preference for being logical, structured and well thought throughā, she says. āSomeone who is Sunshine Yellow is the opposite: theyāre quite ābig pictureā thinking, very persuasive, have loads of great ideas and tend to wear their heart on their sleeve.ā
She describes a situation where a CEO may be Sunshine Yellow with plenty of great ideas for the business but has a team of Cool Blues who may feel that the CEO is failing to furnish them with enough detail that they know what they need to do. Learning to recognise personalities and motivators, says Carole, can have a significant impact on the growth of your business.
Another trap that leaders can fall into, says Carole – especially during periods of rapid growth – is assuming that everyone is telepathic: that they know exactly what youāre thinking as a leader. āParticularly with hybrid working increasing since the pandemic, we as leaders need to be really clear on expectationsā, she says. āWe need to be clear about what we want and hold people to account – as well as holding that balance between being incredibly supportive of people and caring for their wellbeing, as well as challenging them.ā
The third trap is doing the wrong work. āWe donāt really mean to, but we can end up micromanaging people or getting involved in things that arenāt strategically adding value to the businessā, Carole explains. Instead, leaders need to encourage and train team members to step up to take on more of the tactical work so that they themselves can focus on the bigger picture.
āWhen youāre coaching people, youāre getting them to step upā, she says. āYouāre being clear about what they need to do, but youāre also giving them space and being non-directive so they can work out how to do it best.ā
Three fundamental skills
For an organisation to fulfil its potential and deliver against its strategy, every single person in the business needs to grow. A leaderās role is not to grow every individual, but instead to develop their direct reports with this growth cascading down through the business.
There are three fundamental skills – which most leaders do every single day but donāt do often enough – that should be included in this cascade.
The first? Asking the right questions: āquestions that laser down right into the source of the issue so they can come up with a solution.ā
The second is active listening. āWe think we listen but we interruptā, Carole says. āWe start making assumptions – we start advising and jumping in, and therefore weāre not growing somebody.ā In the webinar, she introduced the concept of listening on three levels: not only to a personās words but also to their emotions and intuitions.
Once you have asked a great question and actively listened, the third skill you need to employ is reflecting back. āA lot of leaders donāt do thisā, highlights Carole. āThey think, why do I need to repeat back what the person said?ā
Returning a summary of the conversation not only checks understanding and expectations but also allows you to ask the next, better question to help grow that person further.
Believe in your people
Carole ends with one important piece of advice. āYou can practise all the skills in the worldā, she says. āBut if you donāt have what I call a full potential mindset – if you donāt see the potential in your people – youāre wasting your time.ā
Every single leader, she says, must look at their people and see what potential they have, both individually and collectively. āIf we did all the things we are capable of, we would literally astound ourselvesā, said the great Thomas Edison. Carole agrees. āOur role as leaders is to believe in people and to help them astound you every single day. Building confidence and self-belief through your full potential mindset is one of the biggest impacts a leader can have on their people.ā
Category : Business Growth & Strategy
