All organizations need to stretch beyond their core competencies to be able to stay competitive, relevant, and innovative. However, it is important to plan this strategically. Either pace it out or budget it out. Do not aggressively promote a service or product that you do not know you can deliver with good quality at a profitable rate. Keep in close contact with the sales and marketing teams as they come in contact with changing demands and needs of clients faster than other teams. Record all predictions and compare variances between previous predictions. Use indicators that prove to be more successful. Once you have set intention to go in a direction, get team members on board and share your vision. Encourage them to prepare. Guide them with resources required. Motivate them to learn. It is better to say no to something than to deliver mediocre quality products or services; worst case is to not deliver acceptable product at all. Saying no may only cost current business. Saying
If you are joining a recurring meeting occasionally, then refrain from praise or criticism during those meetings. The simple reason for this is to avoid inconsistencies. Let us imagine a situation where you are in a meeting and one of the team leads mentions how their team performed beyond expectations the previous week. As a leader, you may be praising them. But if that praise is anything more than just part of the flow of conversation, you ought to be cautious. What if another team did something great during one of the previous meetings that you were not present and hence you did not get your praise or attention. It will be perceived as being unfair. Even if the team members can logically accept the chain of events, morally it may be demotivating. Try to make it a part of your job to regularly collect positive feedback from your team leads and appreciate the team members. Doing this consistently and genuinely will help avoid any chances of misperception.