If you were a hotel, what kind of hotel would you be?

I once attended a training at a high-end boutique hotel. I had never paid that much for a room before and wasn’t sure what the difference would be. I mean – how nice can sheets get?

I found out quickly. The sheets were nice. But that wasn’t the difference. This was: One morning, I was crossing the parking lot. An employee, dressed in maintenance clothes, was walking on the other side. He shouted out, “Good morning, Mr. Muntean! Is there anything I can do for you?”

We had never met. I don’t know how he knew who I was.

But I was struck that he knew. Not only that, he was going out of his way to find a way to bring value to me.

My entire experience with the staff was like that. They knew the guests’ names. They not only went the extra mile – they seemed to look for ways to do so.

I understood the hotel’s value at that point.

Hotel rooms are a commodity. Pay a little more and get a little larger room, maybe a better view. Maybe access to a breakfast bar at the top of the hotel instead of the bottom.

Nice. Expected. Not amazing.

This hotel offered amazing. A level of customer service that I’ve never experienced since. Here’s what is most interesting: What really set them apart cost them close to nothing.

Perhaps a little was spent on training. Clearly, they had built a culture of excellence. They found management who stewarded that culture. But those are not heavy costs. They just take awareness and intentionality.

Any hotel could do the same. But they don’t.

Any leader could do the same. Will you?

What kind of value do you offer? To whom? Are you more similar to a discount chain? A nice, but transactional 4-star? Or are you offering something completely unique?

People Expect that Transaction – But Want the Value

Zig Ziglar famously said, “You can have everything you want in life if you just help other people get what they want.”

That doesn’t stop when you become “the” leader, the CEO. In fact, it increases.

People expect (rightfully) for leaders to bring value. They want the obvious things – someone who provides some level of direction and keeps things organized and on track. Someone who gets stuff done.

They also want a leader who cares. Who looks out for their interests. Who cultivates and pursues excellence. Who knows how to attract and retain the best people. The best teams.

The People Who Hired You Want Value

Make sure you understand what it is they really want. Sometimes it isn’t what you think.

Everyone wants a financially healthy organization. That goes without saying. But in my experience, very few owners or boards make this their sole concern.

Many want a legacy to be preserved. Or they want employees or customers to be taken care of in a certain way. Perhaps they want to feel free from worry or concern about operations.

You might be surprised at how often owners and board members tell me, “I want people to be happy. I don’t want all this stress.”

Know the value they want. And find ways to provide it – even if they didn’t think to include it in the job description.

The People You Lead Want Value

A common leadership mistake is to assume that employees are there to help you achieve your goals. That is not why people are there.

In an economy where employees can increasingly pick and choose where they work – they are doing so. If they aren’t picking your organization – it’s time to get honest.

The best employees are not mercenaries. They want to be paid what they are worth – but money is not their primary motivation. (It is for lower quality employees.) Ideal employees want to work with managers and co-workers they like and respect. They want to be challenged and inspired. They want to grow. They want interesting and meaningful work.

Compensation matters. But not as much as you might think. Especially not for great employees.

Create value – and you’ll have their loyalty.

The People You Serve – Your Clients or Customers or Patients – Want Value

When some companies are struggling, they often respond by cutting value to the consumer.

Because, hey, less value is a clear selling point.

Don’t do this. Keep offering value. Much of what customers really want isn’t even a cost. Having integrity. Acting in good faith. Considering the interests of others. Being responsive, helpful, reliable.  

To Conclude:

Very little of the “extra value” that I’ve described comes with hard costs. It has to do with who you are and how you choose to relate to others. It has to do with your ability to be aware, to observe, and to be willing to serve.

Those things, those soft skills, and habits are what elevate leadership above the ordinary.

Take good care,

Christian

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Further Reading:
What Does It Take to Build A Truly Extraordinary Organization?

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Let’s connect. I’m passionate about helping leaders to create workplaces they love going to and increasing the value of the services they offer. My results-oriented approach is tailored to each client’s specific situation and needs.  As a leadership coach, I have developed a wealth of resources to help you and your team grow and become stronger.

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There are 𝟭𝟮 𝗰𝗿𝗶𝘁𝗶𝗰𝗮𝗹 𝗾𝘂𝗲𝘀𝘁𝗶𝗼𝗻𝘀 to ask before accepting a new CEO position. Do you know what they are?  Instantly download my free e-book here.

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Vision Building Sprints

If you or your team are wrestling with defining your vision and would like help, I’m offering the opportunity for a “Vision Sprint”. This is a dynamic calibrating exercise. We will tightly dial in on your vision for the year and the key steps you need to take to get there. I’m offering either individual sessions ($2500) or team sessions ($4000).

Contact me at christian@christianmuntean.com if interested in learning more or setting up a time.

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The Successful New CEO – FREE BOOK OFFER
As an executive coach, I’ve found that the experiences for new executives (or experienced executives in new roles) tend to touch on familiar themes. No one’s situation is the same. But there are common principles that, when followed, do guide executives to success. I introduce those core principles in my new book, The Successful New CEO. I’d like to give you a free copy (just pay shipping)!

The book is divided into four parts:

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• Seven Essential Executive Skills: The skills that earned you this new role may not be the ones that you need in the role. What are the key leadership skills that become even more important at the executive level?
• Leading Your Leadership Team: More than likely, you’ll be leading other leaders. How do you lead a confident, effective leader? How do you build a team out of leaders?
• First Things: Where do you start? How do you quickly build credibility and engagement? What is too fast or too slow?

The goal of The Successful New CEO is to help you quickly gain the confidence of your team, successfully address the issues you will discover, score early wins, and set a course for a fruitful future.

If you’d like to see how this book will benefit you or someone you know, I’d like to make it available to you for free! Click Here.

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Find the value of your company with my free assessment tool: The Value Builder System

The Value Builder System™ is a 13-minute online questionnaire that evaluates your business on the eight factors that contribute more to its attractiveness and value. These factors are scored on a scale of 1-100. Businesses that score over 80 are likely to command 70%-100% higher value than others.

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Opportunities

Free Resource: How To Accomplish More Without Doing More is a workbook I created to walk leaders through a process of helping you own your calendar, liberate your time, and still get more done. Download it for free!

Executive and Leadership Coaching: Do you feel overwhelmed? Are you not getting the results you expect from the effort you are putting in? Do you find yourself facing similar challenges time and time again? Would you like to change specific ways of relating or reacting? If you would like to experience predictable, measurable growth Contact me.

Profitable Exit Strategy Workshop: Are you a business owner or partner? Over 55? Starting to think about exiting your business or active management in the next 3-5 years?

• Are you curious about what your business might be worth?
• Would you like to discover the specific steps you need to take to increase its value and become highly attractive to a buyer?
• Are you planning on handing it over to family or employees and you want to ensure long-term success?

If so, contact me now