Dominic Monkhouse is a proven architect of business growth with a demonstrable track record. As managing director, he scaled two UK technology companies from zero revenue to £30 million in five years. Since 2014, Dominic has worked as a CEO and executive team coach, helping ambitious CEOs and their leadership teams reach their full potential and achieve sustainable growth. He is the host of “The Melting Pot with Dominic Monkhouse” where he talks with some extraordinary thought leaders, fellow business authors, and CEOs to absorb their wisdom. Dominic is the author of F**K PLAN B: How to scale your technology business faster and achieve plan A, an exciting blueprint for cultural change and business transformation.
There’s a reason why I rate the Rockefeller Habits. I’ve seen first-hand the difference they make to businesses. It’s no exaggeration to say they changed my life.
Can I ask you one thing? Do all your staff feel able to speak their minds without any fear of judgement or ridicule? If the answer’s ‘yes’, then congrats. You’ve achieved the holy grail of business – a workplace with psychological safety at its heart. From my experience as a business coach though, the answer’s much more likely to be ‘no’.
I love the Gallup Q12. It’s a fantastic metric. 12 questions in a pyramid that measure the most important elements of employee engagement. Wherever I’ve been MD, I’ve used it. It helped me scale two UK companies from zero revenue to beyond £25 million in just five years.
Learning, developing, growing – there’s a reason these three words go together. You can’t have one without the other. They depend on each other. I’ve worked in businesses that place a high value on coaching and ones that don’t. And the ones that don’t are the businesses that stagnate.
Be honest. Is your exec team as good as it could be? Are they tight-knit, collaborative and honest? Do they understand and support each other? Is everyone working towards the same goal? If the answer’s no, I’d suggest you have some work to do.
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