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The Game Changing Attorney Podcast with Michael Mogill

7. Cy Wakeman — Ditching the Drama & Creating a Culture of Excellence in Your Law Firm

The Game Changing Attorney Podcast with Michael Mogill

Michael Mogill

Management, Business, Marketing, Entrepreneurship

5.0540 Ratings

🗓️ 12 May 2020

⏱️ 37 minutes

🧾️ Download transcript

Summary

"People complain as if their standards are high and lead as if their standards are low, and you can't have both." - Cy Wakeman How much time are you wasting on drama and emotional waste in the workplace? Why are employee engagement surveys a waste of time? How do you know if a team member is a good candidate for change? And when should you cut your losses and move on?   How Cy Wakeman Promotes The Ego-Free Office Cy Wakeman is a workplace drama expert, leadership & team culture consultant, a New York Times best-selling author, and a sought-after speaker with 25 years of expertise. She spends her time training world-class leaders how to craft the ideal, profitable, and ego-free organization by hacking the hiring process, deriving true employee engagement, and putting energy, time, and money in all the right places. Why Drama Is Eating Up Our Working Hours According to Cy's extensive research, the average team member spends 2 hours and 26 minutes a day in drama. That's 816 hours a year of lost productivity — per person in your organization! Cy says drama is really emotional waste (i.e. energy that's being taken away from results or happiness and dumped into drama behaviors). We see this at work in terms of scorekeeping, venting, blaming, resisting changes, holding the organization hostage, and giving terroristic demands. The good news is, these behaviors are demonstrable and measurable — and Cy is all too happy to give us her academic insight on how to wrangle those metrics in your law firm The High Accountability - Low Accountability Conundrum A law firm’s C-suite, leaders, and upper managers only have a limited number of hours in the day — even fewer if you're dealing with workplace drama. Most teams consist of a blend of high, mid, and low accountable employees, so it can be tough to devote the appropriate amount of time to all team members in each category. Cy argues that a fair leader will spend time with all employees on the spectrum — but when it comes to low accountables, the focus should be firmly on performance management, not coaching, cajoling, or bargaining. Key takeaways: Game changing leaders should limit the liberties that rockstar team members take. Cy explains why no single employee — however talented they may be — should have the power to hold a business hostage. There are more factors at play than just specialized knowledge and achievements. What is that individual's true costs, aside from their salary and benefits? What's their hassle factor? Their drama quotient? Cy tells us how to measure the real price of talent — and what we should do if it's too high! Employee engagement is paramount in the competitive contemporary jobs market, but Cy says organizations need a wake-up call when it comes to engaging their workforce. Ping-pong tables, waterslides, and over-the-top employee benefits equate to buying love — and that's not sustainable. Instead, Cy explains how to elevate your employee satisfaction by creating a respectful environment that is high in accountability. Has your law firm got mediocre results? That's just fine, says Cy, but you need to quit lying about it. If average results are your reality and you're not planning on overhauling your company, then you'll need to make peace with it. She says that leaders complain like their standards are high, but behave as if their standards are low — and that it's impossible to have both. If you want to get out of a rut, you might be in need of a healthy dose of reality-based leadership in your firm.   Links And Resources The Game Changing Attorney Podcast Michael Mogill Facebook Michael Mogill Twitter Michael Mogill Instagram Michael Mogill LinkedIn Crisp Video Website Crisp Video Facebook Crisp Video Group Twitter Crisp Video Instagram Crisp Video LinkedIn Cy Wakeman Website Cy Wakeman LinkedIn Cy Wakeman Twitter Cy Wakeman: "No Ego: How Leaders Can Cut the Cost of Workplace Drama, End Entitlement, and Drive Big Results"

Transcript

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0:00.0

The main difference between millennials and me is millennials have a low tolerance for inefficiency.

0:09.0

Thank God.

0:10.1

So when you're like, please put that in triplicate, file it in two places, and then can you scan it and send me a picture?

0:18.1

Millennials are like, you're holding an iPhone.

0:21.4

No, I'm not doing any of that.

0:24.1

Take your own phone out,

0:25.4

take a picture of the document,

0:26.7

file it in your own place.

0:29.0

I wanted to go have impact in the world.

0:31.5

That's Cy Wakeman,

0:32.8

workplace drama researcher,

0:34.5

leadership consultant,

0:35.8

and New York Times bestselling author.

0:41.8

I'm Michael Mogul, founder and CEO of Crisp Video, the nation's number one law firm

0:46.4

growth company. I've built my business through practice, not theory. Crisp started with just

0:51.0

$500 to my name and has grown to over eight figures in revenue over the last few years,

0:55.4

earning a spot on the Inc 500 list of the fastest growing private companies in America.

0:59.7

Our approach has been to take everything we've learned about generating massive growth within our own organization

1:04.2

and help the country's most ambitious and committed law firm owners do the same for theirs.

1:08.9

In each episode of this podcast, I sit down with innovative market leaders from the legal industry and beyond.

1:14.2

To learn from those who thrive in the face of adversity, challenge the status quo, and define what it means to be a true game changer.

1:20.8

In this episode, I caught up with Cy Wakeman.

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