The 10 minute daily habit of highly effective businesses

At 5 ELK we are blessed to work with and get to know some really great businesses.

I believe that success leaves clues, and over the years, we have observed some common traits that set the best businesses in our industry apart from the rest… and we’d love to share some of their best practices with you.

Today, I want to shine a light on a daily ritual that our top businesses have in common… and if you’re not doing it already, I recommend giving it a shot.

We call it ‘The 10 at 10’ but really, this is just a catchy name for a really practical strategy – a short, focused 10-minute catch-up with your team every morning (we suggest you shoot for 10am so that you can keep the name catchy).

Of course, it doesn’t have to be exactly 10 minutes or held at 10am, as long as it’s consistent and punchy.

So why is this idea so powerful and how do you know if it’s right for you and your team?

Straight from the horse’s mouth, here are the five ways the ‘10 at 10’ benefits our businesses who swear by it.

ALIGNMENT It helps ensure that everyone is on the same page and in sync when it comes to prioritising the day’s tasks and goals.

ACCOUNTABILITY Making your team report on their progress each day and closing the loop on their commitments will help them stay accountable to each other.

EFFICIENCY Limiting the length of the meeting will keep everyone focussed. Plus by focussing on identifying potential obstacles for your team in advance and working through them, it helps avoid unexpected issues from derailing your team’s workday.

CONNECTION This regular ritual will help open lines of communication, build team relationships and create a culture of supporting your colleagues and celebrating their wins, big and small.

EMPOWERMENT A daily opportunity to expose your team to how your best performers think and solve problems is a great way to build their own decision-making muscles. Over time, this builds leadership capability and makes everyone in your team more effective and self-sufficient.

A 10-minute investment each day will avoid hours of wasted time, not to mention helping your team to be at their best and feel part of something bigger than themselves.

Are you doing something like this in your team? If so, we’d love to hear how you’ve made it work.

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