Showing posts with label 2014. Show all posts
Showing posts with label 2014. Show all posts

Thursday, January 1, 2015

10 Tips and Quotes From the Best Leadership Books of the Year

10 Tips and Quotes From the Best Leadership Books of the Year

These are the best business books of the year on leadership, with a tip and a quote to help you decide if you want to read more from that author.
 
 
IMAGE: Amazon.com
Leadership is not about who you know, or why you know it, or how much you are paid to lead. It's often about what you know and how you apply that knowledge. That's why I've decided to scour the best books on leadership that were published this year and present a quote from each that, in my opinion, distills its information down to its most useful tip.

1. Resilience is critical to success in leadership

"A few years ago, two former business school professors of mine, Professor Jeffrey Pfeffer, author of Power, and Jim Collins, author of Good to Great, did an informal study of my Stanford MBA classmates to discern what factors were the most influential in determining which students would 'make it' and which would not. (As I recall, they were not looking for those who had made it as measured by dollars earned, but those who are most successful all around in achieving their goals and dreams.) After eliminating many different factors, they landed on resilience as the one defining skill and behavior that allowed some to stand out from the rest. After all, it wasn't that none of us face that adversity--we all did. But some were able to pick themselves up and brush themselves off and move on, while others were not."

2. You must bridge the communication gap created by leadership

"Most successful people have little interest in listening to those individuals who cannot add value to a situation or topic but force themselves into a conversation just to hear themselves speak. Good communicators address both the what and how aspects of messaging so they don't fall prey to becoming the smooth talker who leaves people with the impression of form over substance."

3. Leadership is, at its core, about the mobilization of ideas

"Leadership is about setting a direction. It's about creating a vision, empowering and inspiring people to want to achieve the vision, and enabling them to do so with energy and speed through an effective strategy. In its most basic sense, leadership is about mobilizing a group of people to jump into a better future."

4. Good leaders are highly aware of their own vulnerabilities

"The role played by blindspots is to meditate between the poles of self-confidence and self-doubt. A leader with too many blindspots can be overconfident, even blindly arrogant, and exposed to a range of risks."

5. Leaders equip people for success beyond their own purview

"Entrepreneurial leaders foster in people the feeling that they are personally successful--the hallmark of leadership."

6. The role of a leader is primarily to care for others

"And when a leader embraces their responsibility to care for people instead of caring for numbers, then people will follow, solve problems and see to it that that leader's vision comes to life the right way, a stable way and not the expedient way."

7. Take time to reflect and lead in the moment without stopping only to focus on problems

"Most leaders can barely breathe through the blur of activity, much less reflect on and register the best of what is happening in the present moment. And on the rare occasions when they do step back to assess the situation at hand, they focus on the problems, ignoring the opportunities."

8. Trust in leadership can be distilled down to four basic elements

"Trust in others (and their trust in us) depends on four elements: reliability, congruence, acceptance, and openness."
Joanna Barsh and Johanne Lavoie in their book Centered Leadership: Leading with Purpose, Clarity, and Impact

9. Body language trumps spoken instruction

"Remember, every communication is two conversations, the spoken content and the body language. The body language always trumps the content when the two are in conflict. So in planning your content and failing to think much about your emotions, which drive your body language, you're leaving that to chance--the more important of the two conversations."

10. Hope in leadership comes from analyzing success and feedback

"To increase your chances of moving toward your ideal self, challenge any self-defeating thoughts. Keep in mind your past accomplishments, candidly assess what has stopped you from achieving goals, as well as your personal beliefs about your abilities. Consider relevant feedback from others about what you have achieved and what your potential is. This helps increase your sense of hopefulness, which research has shown is critical in imagining and realizing the ideal self."

Thursday, December 11, 2014

7 Must-Dos Before the End of the Year

7 Must-Dos Before the End of the Year

7 Must-Dos Before the End of the Year
Image credit: Shutterstock
Now that December has arrived, it's time to make some smart moves to set up your company for an even better next year.
Here's my seven-point checklist for entrepreneurs at the year's end:

1. Set the stage for growth.

Can your company accommodate the growth forecast for next year? Review your projections for next year and be sure to plan appropriately in each area of the budget.
Do you have the sales staff to meet the revenue goals? Have you adequate office space to accommodate the hires? How will an increased number of clients strain customer service? Will an increased amount of traffic affect Internet costs?.

2. Get the books in order.

If you haven’t been doing your books monthly and paying taxes or setting aside money, you’re on the naughty list. Perhaps you haven’t spent enough time reviewing the numbers and the company's performance.
Be sure to examine the financial reports carefully and compare the changes from years past. Note if any results are off and make a plan to push the numbers in the right direction next year.

3. Gather with staff.

You might be thinking about your business all the time, but it’s easy to not communicate your thoughts with staff. You might have changed the company's direction or added services without bringing everyone to the table.
The end of the year is a great time to reflect on the company's performance, talk about challenges and accomplishments and plan for the year ahead. Have a meeting before your holiday party so that the festivities don’t have to involve talking business.

4. Seek out savings.

Big expenses that hold the promise of significant growth dominate your thoughts. Look at any big-ticket items for next year and figure out if you can pay them off for a guaranteed savings.
Monthly software services, for example, often grant 20 percent off to those who pay a year in advance. Likewise a landlord might offer a 10 percent discount if rent is furnished for the entire year. Spot these savings and make an investment now. You’ll save money over the long haul.

5. Evaluate the company's technology.

When you review the year, be aware of how staffers have used existing systems. Probably members of your team live and die by certain software programs but use others infrequently. Sometimes if employees aren't using a certain software program, a system or a piece of equipment, they don’t understand it.
Other times, the use case isn’t real and your team just doesn’t need the software. Consider eliminating any unused systems next year.

6. Set goals.

The best goals are framed to be actionable. But it's easy to forget this when setting longer-term objectives.
Well, it might be nice to say you've adopted a goal to increase sales 40 percent. But how? Know that adopting any goal requires a change in behavior. So what are you and your staff about to do differently? Are you shifting your approach to focus on products that sold well this year?
Will the company do more marketing? What will you and your staff do differently next year that will effect enough positive change to reach your goals? Create a specific action plan and arrive at a consensus and an understanding of the new behaviors required.

7. Contribute.

Arrange for charitable giving for the selfish reasons of a tax write-off or good publicity. Or do so unselfishly because you’re an awesome person. But take time to contribute something before the year's end.
Consider matching employee gifts to a charity that's engaged in a similar area as your company is. Making a donation of your time or money helps build a sense of purpose for your staff and your company.