Virtues of a Trusted Advisor

The role of a trusted advisor is honorable.  A business leader believes you can help them achieve their goals, overcome their challenges and drive new opportunities.  Your advice is so valuable to the business, they choose to invest valuable resources, including time and money, for your guidance, products and services. They trust you can make a difference.

In the position of power, an advisor must demonstrate characteristics of greatness.  An advisor must garner the trust needed to challenge, collaborate and guide leaders in personal and professional ways.  The considerable distinction of being a trusted advisor must be representative of virtues that such power bestows.

Benjamin Franklin, one of the Founders of the United States, listed his 13 virtues in a notebook. He referenced the virtues to measure how he lived each day. The virtues included temperance, silence, order, justice and humility.  He developed the list of virtues when he was 20 years old and used it in some form, according to his autobiography, for the rest of his long life.

Though there are hundreds of virtuous characteristics, there are a few common virtues practiced by many high quality trusted advisors.  What would you include on your list of virtues to guide you in the expected role of a trusted advisor?  Here are ten virtues that top my list:

Ten Trusted Advisor Virtues

  1. Diligent – Be a good steward. Spend other’s resources with care and great due diligence to maximize a positive impact. Value other’s money as if it is your own.
  2. Integrity – Be honest and ethical in your role as a confidant.
  3. Silence – Listen to learn.  Advising others requires you to listen and learn before you conclude and guide.
  4. Courage – Challenge ideas, policies, programs and standards with candor, evidence and experience.  You need not be right, you need to state your beliefs with conviction.  It is your role.
  5. Credible – Prove you are worthy of trust.  Believe in your ideas and recommendations. Convey your belief with proof.
  6. Share – Take part in the business.  Be a partner. Contribute by sharing ideas and making valuable connections.
  7. Reliable – Be present in real time.  Demonstrate your loyalty by being available to help when help is needed.  Be on time. Deliver on time.
  8. Logical – Solve problems with logic.  Business decisions can be emotional.  Provide the logical pros and cons to help others make sound decisions.
  9. Wisdom – Use your knowledge and judgement to be resourceful.  Experience has value.  Speak and advise on what you know and when you don’t know, find other resources that do know.
  10. Respect – Respect those you advise and respect your position of power.  The quality of your work will be demonstrated by your ability to deliver, real and actionable advice. Earn respect by doing.

Virtues are often referred to as ethics.  Virtues are your moral compass, how you conduct yourself. As a trusted advisor, you have the responsibility to demonstrate the value of your advice. Trust is earned. It is not to be taken for granted. Your word, your actions, your work, your products, your services, all must represent the values you profess.

If you are so bold to declare your personal and professional virtues, take the time to measure the impact of your chosen words.  Do your virtues help you to better help those paying for your guidance?  Deliver what you say you will deliver. Be virtuous and then you will be trusted. A Trusted Advisor.

“So our virtues lie in the interpretation of the time.” – Shakespeare

By Jamie Glass, CMO & President of Artful Thinkers and Managing Director of Sales & Marketing Practice at CKS Advisors.

Vision Statements are Worthless without Disciplined Focus

Entrepreneurs can spend countless hours crafting their vision and mission statements.  It is often assigned to every leader as a required task in strategic planning.  Business investors and advisors will ask you, what is your vision?  Imagine answering, “I don’t know!”

Do you have a vision? A mission? Business values?  Often guilt rises in those that have not defined their vision when questioned by those that “know”.  Thus the ritual begins.  The business owner starts to define the grand vision: What do I want to be?  What is our ideal universe?  What is our big hairy audacious goal (BHAG) as a company? What motivates us?

Tah-Dah!  The task is complete. Yes, you have a company vision.  Check the box.  Your purpose for existence as a business, which is now articulated in a small paragraph, makes it’s debut on websites, in business plans and sales presentations and supported in company marketing communications.  What is the value of this exercise?  Can you translate it to revenue? There are businesses that have you memorize the vision. Vision testing. They are driven by the belief that if everyone is united by a common vision, they will achieve more.

Granted, there is no argument that you need a strategy to win.  If your vision consists of words to satisfy the strategic planning process, your vision is worthless. A vision must be supported by disciplined focus to accomplish your business goals. It is what differentiates the good from great.  Why?  It is the ability to look beyond the visionary clouds and execute on your strategy.  Disciplined focus delivers results.

Vision is unlimited.  Vision gives you big picture, inspiration and motivation.  Focus influences your capability to execute on what is most important.  Real power to deliver on a vision comes when you narrow your focus, allowing you to concentrate and build confidence. Disciplined focus enables you to positively face challenges and create sustainability in your business.  It is the foundation for growth. “My success, part of it certainly, is that I have focused in on a few things.” — Bill Gates

Have you ever watched a 3 year-old in a grocery store walking along side their adult companion.  They seem to lack much interest in the whole shopping experience.  Suddenly, they set their sights on what is intentionally positioned at their eye-level to grab their attention. They make their escape with remarkable strength.  Bolting in a straight beeline, with determination, to the prize!  They have disciplined focus on the outcome.  They grab and go!  Vision. Focus. Results.

If you have a vision or are thinking you need to craft a vision statement, take a few minutes to define the expected outcomes from your declaration.  How does the vision help you focus on what is most important for your business?  How do you use your vision as motivation?  How will the vision help employees be better in their roles?  How will the vision drive the business forward?  Once you know the desired results, you can apply the disciplined focus to execute your strategy and accomplish your business goals.

“A clear vision, backed by definite plans, gives you a tremendous feeling of confidence and personal power.” — Brian Tracy

By Jamie Glass, CMO & President of Artful Thinkers and Managing Director of Sales & Marketing Practice at CKS Advisors.