The Innovative Learning Strategy Used By Leading Fortune 500 Companies
Often in the beginning of the year we're energized to learn new
things. As an entrepreneur you have many opportunities to do this, like
attending workshops or conferences.
But the strategy that I find the most effective, which you can
do inside or outside a workshop or conference, is to create what I call a
"mastermind."
A mastermind is a group of approximately three to five people
supporting each other in their learning. The group offers support, helps keep
other members accountable, and keeps the momentum going to help build upon
lessons learned or projects underway.
Think about your biggest challenge. Now imagine that today you
have two or three other people dedicated to helping you work it out. They
listen to your questions, they offer advice, and they help you find solutions.
Then, when their problem is resolved, you turn and listen to theirs. This is
the essence of a mastermind.
If all you do is attend an event or read a book, you won't get
the mileage you could if you set up a group of people who want to learn this
with you and put it into practice. Set up your own mastermind to follow
through. The more you follow-up
on your learning, the more in-depth your learning is.
Based on a study by
Edgar Dale, we remember:
·
10 percent of what we
read
·
20 percent of what we
hear
·
30 percent of what we
see
·
50 percent of what we
see and hear
·
70 percent of what we
discuss with others
·
80 percent of what we
personally experience
·
95 percent of what we
teach others.
Since masterminds are
all about discussing with others, cultivating our own personal experience with
the subject matter, and teaching others, the information has a better chance of
being applied and built upon.
I have set up leadership development programs for companies like
Adobe, MetLife and Microsoft, and while many of these programs have traditional
components, the mastermind strategy is the one that can accelerate your
learning past the program.
Whether it's part of your professional development learning or
an independent project, you can set up a mastermind group for yourself.
First, identify two or three
people from
whom you get energy from and who you think you can learn from, either at your
level or above.
Ask if they're interested in
setting up a meeting once a month, whether it be a phone call
or in person.
For example, three saleswomen from around the world might get on
the phone once a month and discuss how they're tracking their numbers, which
will keep them accountable for their tracking, and then they can discuss how
they can attain their goals.
After you have set up
logistics, set a regular agenda. For example, establish that once
a month for two hours each person will have 40 minutes each. Or, a mastermind
can be held once a week for an hour, each person receives about 20 minutes.
Another option is to set up a mastermind every other week for one hour, giving
each person 10 minutes and saving time for a group discussion.
To get the most out of your meeting, acknowledge some of the
hurdles you're facing. You might have masterminds that last for just a few
sessions, or you might have some that last 10 years. You get an edge if you
keep focused and keep learning.
BY JOELLE K. JAY
INC
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