A key employee with bad intent can upend office dynamics. VirtualDOO’s Lloyd Thompson discusses how to handle - and prevent - such a situation.
Download 3 Ways to Prevent Your Employee Controlling You (and the full PDF transcription)
https://www.jamesschramko.com/business/972-how-to-avoid-being-held-hostage-by-over-controlling-employees/
00:00 - Intro
02:09 - Key employees holding sway over the business owner is not a unique scenario to Lloyd.
03:21 - A team member with a black box challenges workplace dynamics in a number of ways.
05:46 - When a key employee goes rogue, the single point of failure person is often the founder.
08:39 - Seeing their boss under a staff member’s control sends a bad message to the rest of the team.
10:36 - There’s no such thing as an indispensable employee. You may need to start easing out the offender.
12:26 - If key employee retention is out of the question, how do you distribute their role?
14:19 - James knows from years of experience how to show employees they are valued.
20:50 - Here’s how to secure your business when a problem team member leaves…
23:33 - Every task in James’s business has two people trained for it. Here’s why.
25:41 - Alignment with your business’s core values should be a key consideration when hiring.
Resources mentioned:
Lloyd Thompson appearances - https://www.jamesschramko.com/tag/lloyd-thompson
The Noah principle - https://www.jamesschramko.com/business/avoiding-single-point-sensitivity
Bring your business vision to life with Lloyd's help - https://virtualdoo.com/
You might also like these:
How to Protect Your Business and Yourself Legally with Heather Pearce Campbell - https://youtu.be/e-xAMYUMAJA
The Wrong Business Focus Is One of the Reasons Why Businesses Fail - https://youtu.be/EieZCZFiqEQ
Check out Lloyd's book, 9 Ways to Leave Your Day-to-Day Operations: And Realize Your True Vision
https://amzn.to/3EYcS4K
Connect with me:
Website: https://www.jamesschramko.com
Facebook: https://www.facebook.com/JamesSchramkoPage
Instagram: https://www.facebook.com/JamesSchramkoPage
LinkedIn: https://linkedin.com/in/jamesschramko
Twitter: https://twitter.com/JamesSchramko
Listen to the James Schramko PODCAST here:
https://podcasts.apple.com/au/podcast/james-schramko-podcast/id529116499
https://subscribeonandroid.com/feeds.podcastmirror.com/james-schramko-podcast
https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5wb2RjYXN0bWlycm9yLmNvbS9zdXBlcmZhc3RidXNpbmVzcw
https://www.stitcher.com/show/james-schramko-podcast
https://open.spotify.com/show/0rmnFIKvfBJ71hjtojFf8N?si=XxmN7wigR4CHSwktFgdfFg
Enjoying these videos? Get them every day when you subscribe
https://www.youtube.com/user/jamesschramko
Download 3 Ways to Prevent Your Employee Controlling You (and the full PDF transcription)
https://www.jamesschramko.com/business/972-how-to-avoid-being-held-hostage-by-over-controlling-employees/
00:00 - Intro
02:09 - Key employees holding sway over the business owner is not a unique scenario to Lloyd.
03:21 - A team member with a black box challenges workplace dynamics in a number of ways.
05:46 - When a key employee goes rogue, the single point of failure person is often the founder.
08:39 - Seeing their boss under a staff member’s control sends a bad message to the rest of the team.
10:36 - There’s no such thing as an indispensable employee. You may need to start easing out the offender.
12:26 - If key employee retention is out of the question, how do you distribute their role?
14:19 - James knows from years of experience how to show employees they are valued.
20:50 - Here’s how to secure your business when a problem team member leaves…
23:33 - Every task in James’s business has two people trained for it. Here’s why.
25:41 - Alignment with your business’s core values should be a key consideration when hiring.
Resources mentioned:
Lloyd Thompson appearances - https://www.jamesschramko.com/tag/lloyd-thompson
The Noah principle - https://www.jamesschramko.com/business/avoiding-single-point-sensitivity
Bring your business vision to life with Lloyd's help - https://virtualdoo.com/
You might also like these:
How to Protect Your Business and Yourself Legally with Heather Pearce Campbell - https://youtu.be/e-xAMYUMAJA
The Wrong Business Focus Is One of the Reasons Why Businesses Fail - https://youtu.be/EieZCZFiqEQ
Check out Lloyd's book, 9 Ways to Leave Your Day-to-Day Operations: And Realize Your True Vision
https://amzn.to/3EYcS4K
Connect with me:
Website: https://www.jamesschramko.com
Facebook: https://www.facebook.com/JamesSchramkoPage
Instagram: https://www.facebook.com/JamesSchramkoPage
LinkedIn: https://linkedin.com/in/jamesschramko
Twitter: https://twitter.com/JamesSchramko
Listen to the James Schramko PODCAST here:
https://podcasts.apple.com/au/podcast/james-schramko-podcast/id529116499
https://subscribeonandroid.com/feeds.podcastmirror.com/james-schramko-podcast
https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5wb2RjYXN0bWlycm9yLmNvbS9zdXBlcmZhc3RidXNpbmVzcw
https://www.stitcher.com/show/james-schramko-podcast
https://open.spotify.com/show/0rmnFIKvfBJ71hjtojFf8N?si=XxmN7wigR4CHSwktFgdfFg
Enjoying these videos? Get them every day when you subscribe
https://www.youtube.com/user/jamesschramko
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