Responsibility, Results, and Compensation

If you want to grow your career, always seek additional responsibility while pushing your limits in every way to produce business results. The compensation will always follow.

D. Brown Management Profile Picture
Share

Consider that people are taking a risk on you. They will have to invest substantial extra time and training for you in the beginning. It will take time for the business results to catch up.  

Leadership Tools: Always take on additional responsibility aggressively and focus on business results, your compensation will follow. Graph representing effects of compensation, management time, training, and business results.

When your performance increases, your manager will be spending very little time coaching or managing you. You will need less and less training for the role you are in. The business results you are achieving will be undeniable, showing growth over the prior quarters with great projections ahead.  

Your compensation, including base and incentive compensation, will increase in alignment with the business results you are achieving.  

At that point, you are ready to take on the next leg of your career journey where the process starts all over, but from a higher baseline -- similar to climbing a mountain.  

Consider that you can’t move forward to the next phase of your career until you have developed someone to take on your prior role. That person will have to go through the same learning curve you did. You will have to invest heavily in them during the first 4-8 quarters, including your time and training.  

Each major leg of your career will average about 4 years, starting with an apprenticeship program. This is the continuous development cycle that keeps companies and careers growing sustainably.




Unicorns and the Growing Contractor
If you are having consistent difficulty finding the right person for a role, you may be looking for a unicorn. Requiring unicorns to grow is a bad plan. If you do find a unicorn, just ask them where the pot of gold is and forget about construction!
Resource - Gottman and the Science of Relationships
There is no relationship more intimate than that of life partners. Executive-level relationships, including business partnerships, share many similarities. The Gottmans have dedicated their lives to studying relationships, trust, and conflict resolution.
Lead Measures and Outcomes: Starting with the Schedule of Values (SOV)
It is nearly impossible for a contractor to have consistently great cash flow if they have a Schedule-of-Values (SOV) that isn’t loaded properly and integrated with the project schedule, including a projection of the cash flow.