This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The problem is that most business executives, even high-performing ones, dont recognize the value of mental state like elite athletes do, so they dont develop skills and habits to get to that state consistently and effortlessly. The bottom line: exercise is an important practice for effective leadership.
Today, I help (mostly) professional services firms — law, accounting, insurance, architecture, finance — attain growth, productivity, and profitability. Remarkably, the most consistent area of incompetence pertains to developing leaders. Employees who possess soft skills can directly impact the bottom line (SHRM).
The bottom line is this; I view one of the primary obligations of venture capital and private equity firms to be to drive collaboration and innovation across their portfolio companies. The moral of this story is don’t get so hung-up on valuation that you fail to get the in the trenches expertise your company will need in future.
They were the born leaders we all grew up with. Leaders who rest on their laurels without making the effort to develop their skills will eventually be overtaken by those who view leadership as a professional skill to be developed and refined. If those three qualities are present, everything else can be developed.
She’s tried everything: more recognition, contests, she even came in dressed as a superhero to try to get the team riled up. Each of these stunts worked for a day or so, but then the results returned to their normal mediocre state and the stress levels creeped right back up. Insatiable thirst for recognition.
One of my mentors once cautioned me about treating people as furniture saying that “individuals are not inantimate objects to simply be moved around and discarded, but that people require a constant investment of time and money to develop to their full potential.&# I Think Not. mikemyatt: RT thx @ArtieDavis @MarkOOakes @words4warrio.
In fact, deep lessons can be taught from aviation for most industries and companies who want to operate efficiently and effectively across organizational silos — those insidious barriers that wreak havoc on a company’s efficiency, collaboration, and, ultimately, its bottom line. logistics, and finance. finance, I.T.,
Bottom line…personal responsibility and accountability have always been the ultimate leadership “hot potato&# in that everyone wants to be in charge, but few are willing to take ownership of the never-ending obligations that go along with the privilege of leadership. What say you??? 2 Tweets Who’s In Charge?
Not recognizing, developing, and rewarding talent is the fastest way I know of to drive talent out of your organization and directly into the hands of your competition. You see tenure is not synonymous with loyalty, but rather is more often a measure of compliance and survival. .&# the company is not leveraging its true talent base.
It’s also important to understand that a toxic culture cannot exist if toxic people are not allowed to take up residence. Bottom line - toxic individuals kill productivity, and if allowed to run unchecked can have a much broader and deeper impact on an organization than one might think.
I’m a huge advocate of refining initiatives that allow any level of talent to be developed to the maximum potential. Leaders and non-leaders alike need career-pathing, training and development. I’m just not a believer in attempting to label someone as a leader, and develop them as such when they are clearly not.
Bottom line…Just because a business has a particular advantage doesn’t mean that it can disregard sound business logic. Thanks again for the comment Mark. I Think Not. Whos Reading N2growth Twitter Updates mikemyatt: Poor work requries a lot of explanation beca. mikemyatt: RT thx @ArtieDavis @MarkOOakes @words4warrio.
The achievement of current goals and objectives free up the time & create the resources to move on to bigger and better things…Trying to do too many things at once will impede progress, dilute effort & energy, add to chaos and lead to burn-out. Bottom line…success equals focus. I Think Not.
Lost Ancillary Revenue : On average, a single account is good for a 30 -40% cross-sell and up-sell revenue increase over time as new products, services, joint ventures etc. Over a 10 year period of time, assuming only 2 annual referrals, without any cross-sell or up-sell value being added-in, you just lost another $200,000 dollars.
In fact, there are some very bright people who believe you cannot become a good leader without developing a mastery for using the word no as evidenced by the following quote from Tony Blair: “The art of leadership is saying no , not saying yes.” No is not all it’s cracked-up to be…Still don’t believe me?
From my perspective, the issues surrounding conflict resolution can be best summed-up in three words…&# Deal With It. &# While you can try and avoid conflict (bad idea), you cannot escape conflict…The fact of the matter is that conflict in the workplace is unavoidable.
As I’ve said many times before, things don’t always have to boil down to either/or types of decisions – not everything must end-up on the altar of sacrificial decisioning. Bottom line…check your motivations. With the proper perspective and focus it is quite possible to be both efficient and effective. Effective (N2Growth) [.]
The bottom line is that I really like him, I just wished he had more new material to share. Leaders get too caught up in trivial things and don’t pay enough attention to leadership development. The lack of leadership development in most organizations is tragic. Up next was Calos Brito, CEO of Anheuser-Busch InBev.
Bottom line…Don’t manipulate for personal gain, rather facilitate for mutual benefit. Take a sincere interest in the success of others, work on your likability factor, become adept at gaining commitment, develop your authority and control, and have access to things of value or scarcity and your influence with others will increase.
While many people immediately conjure-up an image of the ever so tough, bombastic extrovert without an ounce of compassion as the picture of what constitutes a real leader, nothing could be further from the truth. Should the traits mentioned above be more formally cultivated in leadership development programs? Starting to get my drift?
As the old saying goes “you only get one chance to make a first impression,&# and often times it is the perception of appearance that determines whether or not you are even afforded the opportunity to get up to bat. The truth is most people when first meeting someone will quickly attempt to size them up.
Usually sponsors have more senior positions than mentors, and it is their responsibility to advocate for an individual and pull them up the ranks to a top level position in the company. Develop your web of influence (key stakeholders, decision makers, influencers, connectors) to assist you in reaching your goal.
While developing an understanding of great communication skills is easier than one might think, being able to appropriately draw upon said skills when the chips are down is not always as easy as one might hope for. Communicate more effectively. Classic business theory tells leaders to stay at arms length.
Creating a framework for decisioning, using a published delegation of authority statement, encouraging sound business practices in collaboration, team building, leadership development, and talent management will all help even out the uneven. If conflict does flare up, you will likely minimize its severity by dealing with it quickly.
My advice to you is not to let your business get caught up in embracing random ideas – at least not without some initial analysis being conducted to determine the likelihood of success. It should be developed as a solution to a problem or to exploit an opportunity. Failed initiatives are costly at several levels.
That said, I have little use for social networking junkies who collect friends/followers/contacts just for the sake of watching the numbers go up, while adding little or no value to their network. We have all been the victim of somebody's saved up tweets-all blasting out at one time. And then the cynic in me emerges.
How many times have you put up with, or overlooked certain weaknesses in people because of their considerable strengths in other areas? The sad thing is they don’t just exist on the golf course… My bottom line is this…real leaders don’t accept mediocrity - they constantly seek improvement. Know the type?
Bottom line…unproven leaders come with a high risk premium. Bottom line – leaders who build a static business doom themselves to failure. I am a firm believer that even when certain traits are not present they can be acquired, developed and refined so long as one thing is present – the desire to do so.
When you develop the skill to transform negative conflict into creative tension is when you will begin to earn and hold the respect of even those individuals who don’t agree with your positions. I have always found that rapport is quickly developed when you listen, care, and attempt to help people succeed.
Bottom line…I’m in awe of those who have mastered the art of brevity, and after looking back at this post I must admit that I still have some work to do… Share and Enjoy: View Comments Anand Very nice article to mention about the brevity – Don't beat around the bush, come to the point. I Think Not.
Bottom-Line… [link] Dr Sarah Morris Great post! Ramzi I think arrogance is a sign of lack of self esteem. Often I find my executive coaching clients shy away from confidence because they fear that it equates to arrogance – and, understandably, don't want to be seen in that way! I Think Not.
The bottom line in regard to today’s thoughts on business modeling can be summed up in the following three points: 1.) if you cannot define your business model, then you likely don’t have one. if you don’t have one, create one, and; 3.) I Think Not. mikemyatt: RT thx @ArtieDavis @MarkOOakes @words4warrio.
Why didn’t Folgers recognize the retail consumer demand for coffee and develop a Starbucks type business model? Bottom line…don’t be the CEO who causes your management team to continually say “the boss won’t go for that one.&# Keep up the good work Mark [link] mikemyatt Brilliant commentary Mark.
Property development is an exciting way to start your business. Thanks to popular TV shows, developing property is often seen as a get-rich-quick scheme. But the good news is that starting a property development business can be relatively exciting. If being a property developer appeals to you, then this article will help you.
Bottom line – If you’re a leader then you need to watch this interview. All great leaders develop a sense of their blind-spots and weaknesses as they mature. Thanks for stopping by Scott. I Think Not. Whos Reading N2growth Twitter Updates mikemyatt: Poor work requries a lot of explanation beca.
The good news is that there is a cure for all four of the preceding problems: Items one through three can be solved with an emphasis on leadership development and talent management, and item four can be solved by holding the board of directors accountable for CEO performance and firing an apathetic CEO. I Think Not.
You should know from the outset that I fundamentally disagree with the concept of CEO term limits, and quite frankly I cannot really come up with a valid reason for supporting such a regressive concept. Then follow-up your great hiring decision by providing the CEO with the tools and resources necessary to get the job done.
In today’s post I share my thoughts on how to develop a sound pricing strategy… While the topic of pricing is certainly not rocket science, it has indeed been a thorn in the side of business people since the dawn of commerce.
After all, women have traditionally been seen as the mainstay volunteer core for many charities, so it makes sense that while many may not have the free time to give to causes, perhaps they are making up for it with funding. Because as is the case so often – it’s all about the power of the bottom line. What do you think?
Bottom line…If you’re a leader and not an avid reader, you’re wrong. Up until a few years ago Rick Warren read a book every single day. As an advisor to CEOs, there is little doubt that I’m passionate about personal and professional development, and there is one simple reason why – it works.
Bottom line…While I can appreciate eloquent and detailed word pictures, they are not always needed. In fact, look no further than the current business innovations to seek validation for my assertions. I Think Not. Whos Reading N2growth Twitter Updates mikemyatt: Poor work requries a lot of explanation beca.
I believe that it can actually be both, but that decision lies solely with the employer, and is not really up to the employee no matter how much they might feel it is. Is a year-end bonus a right of entitlement or a privilege to be earned? The structures of corporate bonuses are as varied as there are numbers of entities. Happy Holidays.
Does the company purchase an off-the-shelf solution, utilize an ASP (Application Service Provider) solution or embark upon developing a custom application? Oh, and what about development methodology? I could go on ad-nauseum with this line of thinking, but I’m sure you get the point by now.
I can sum-up my feeling on this in one word… ridiculous. Team building, group dynamics, talent management, leadership development, and any number of other functional areas are much more about clarity, focus, aligning expectations, and defining roles than creating equality.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content