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Texas Speakers Bureau – Motivational Speaker, Jim Bearden on “Accountability In Action…Taking Ownership of the Situations You Encounter”

Friday, September 15th, 2017

CONCEPTS

A company I’ve done work for provides a great example of this principle. This company’s employees are the people who close real estate transactions, the people who compile the mile-high stacks of documents that have to be signed by buyers and sellers at the closing table.

Several years ago, when interest rates went into a free for all, their business took off. That increase came from the thousands of homeowners who wanted to refinance their homes. During that “boom” the closers “didn’t have time” to maintain contact with their traditional sources of business, realtors.

And then the refinance craze was over. The pool of homeowners who were able and willing to refinance their homes dried up, and interest rates began climbing. I guess you could call this a situation the closers encountered. Some of them took ownership of that situation, and some didn’t.

Realizing that they could no longer rely on business coming to them, some closers began renewing their relationships with realtors. The ones who didn’t take ownership simply waited, wished and hoped for the real estate community to “come to their rescue”. The closers who took ownership of this situation still experienced dips in their business. But because of their timely, aggressive actions, those dips were relatively shallow and short-lived.

Here’s another way of describing this ownership principle:

Negative situations like setbacks and/or unexpected, unpleasant changes, provide excellent but difficult opportunities for leaders to model accountability and take ownership.

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