Following is a brief explanation of the five laws. We’ve used the acronym P.O.W.E.R. to explain and remember the laws. This acronym is extremely relevant since the laws interact with each other to create success and abundance and POWER. Success comes from working with all of the laws.
P.O.W.E.R. = Perspective: Belief determines attitude and action.
The first law of achievement is the Law of Perspective and speaks about the beliefs associated with that perspective which automatically result in a person’s attitude and action. Belief and attitude/action are inextricably linked.
Invariably there are differing perspectives in companies. The perspective of leaders and their beliefs about the company are usually quite different than the perspective and beliefs of the staff. This can create trust issues, attitude differences, and varying levels of motivation to name a few of the results. Sometimes we will find a company virtually paralyzed because of differing perspectives. Leaders can emit fear of future success causing managers to become more harsh and dominant to safeguard their jobs resulting in staff feeling confused and only willing to “just do my job.”
Working with this law is to conduct assessments to understand the differing perspectives. Then it’s important to get everyone on the same page with a clear and informative report about what is truly going on. An assessment followed by clarity and information helps align perspectives.
P.O.W.E.R. = Others: Relationships regulate success.
The second law of achievement, the Law of Others, acknowledges the reality that we are not alone in this world. Any time we attempt to achieve something it is necessary to deal with others. Even if you are a single person buying a home, there are many relationships that will enter the process – realtor, loan broker, insurance agent, inspector, Title Company, etc.
We often find this law is one of the most violated laws in the 5 Laws of Achievement. To work with this law is to create connections and boundaries with the people involved. You build connections with the relationships you want to align with in the achievement process. In a business it means creating good communication, delegation, and teambuilding. You erect boundaries with the relationships that are not aligned with your achievement. Termination rather than putting up with incompetence is one example of working with this law.
Training in interpersonal and team skills reaps great return; not because people feel better, but because they learn how to work with this second law of achievement.
P.O.W.E.R. = Waymarks: Direction comes from internal response to external input.
This Law of Waymarks implies that you will go in a certain direction that aligns with where you’re looking (your external input) and your internal response to that focus.
Too often we find the focus of leaders and managers to be on the crisis of the day. The decision about what to do next is often made based on the pressures of the moment. And often, that can delay or dilute the achievement of a chosen goal or direction.
Working with this law is simple. You choose your chosen goal, your direction, your strategic plan. At every mark along the way, a waymark, you stop and determine your next step by calibrating on your chosen goal – not on the crisis of the moment. Granted, there may need to be a temporary delay or detour, but it is by choice, not reaction. When you calibrate by the end goal you cannot fail at getting there if every decision about every step is made with that goal in mind.
P.O.W.E.R. = Efficiency: Economy of motion saves you time and energy.
The Law of Efficiency is where you make money. When you are working with the previous laws where there is aligned perspective, people working well together in synergistic teamwork, and you have a clear direction; then this law can be employed to propel you toward your goal. Productivity and profitability are in direct proportion to working with this law because this law saves time and energy – or “resources” – but it does so only when there is economy of motion.
There are two elements that create economy of motion: Structure and systems. A racer’s bike, a pit crew, a bow and arrow – or a company; all save time and energy when there is a clear and effective structure supported by efficient systems. Working with this law is to create a clear org chart complete with every role and area of responsibility needed to be successful. Then each of those areas of responsibility is assigned to a person. This creates an effective structure.
Then you create efficiency systems for every repeated process in your company in four areas: How you manage your company, how you get work, how you do work and the support functions that are necessary for your business. A clear structure supported by efficiency systems saves time and energy by creating productivity and profitability.
P.O.W.E.R. = Renewal: Growth sustains success.
The power in the fifth law of achievement, the Law of Renewal, is deceptive in its stark succinctness. But it’s true of all life forms and relationships; including relationships with staff and relationships with customers or clients. Your business is either growing or slowing, there is no middle ground. There is no such thing as a plateau. There is a constant need to renew, reinvent, learn…and grow, both in knowledge and nurture.
All parties in any relationship need to be nurtured. “Nurturing” and “feeding” is how you grow relationships and thereby work with this law to create sustainable success. The company itself needs to grow through marketing. Customers need to be nurtured and maintained through contact and customer service. Staff needs to be fed through acknowledgement, feedback and development.
This process is not unlike our bodies which need a constant process of feeding and nurturing in order to live. Continually learning from mistakes as well as successes creates continuous improvement and growth. Continuous feeding and nurturing provides the fuel and health to grow. Continual renewal in knowledge and nurture sustains success and keeps your company alive and successful.