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LEADERSHIP: RECESSION BUT NO DEPRESSION
published: 2008-12-21
Times are tough - economically, but also psychologically. Calls to a national executive counselling service are up 25% year-on-year, according to a report I read today. And, training and development budgets are getting the chop. We're all under pressure: to maintain business performance, cut costs and hold our jobs. There’s no easy answer, but being smart beats being depressed.
LEADERSHIP: THE ROAD TO SUCCESS
published: 2008-09-01
We've all done it: rushed to the shops and come back without something. And, there's always a reason: someone distracted us, or the phone rang. But, the real reason is we didn't have a list. That simplest of plans.
LEADERSHIP: OF GENERATIONS X, Y AND Z
published: 2008-12-28
School teachers often teach - and, therefore, have to lead - students of a common age. But, most of us lead teams covering a range of ages. So, why the fixation with the leadership needs of Generation X or Y, or any other letter of the alphabet? An effective leader engages people of all ages - and types. And, I'll bet X and Y are as diverse as any group.
LEADERSHIP: FINDING YOUR "SILVER FOLLOWERS"
published: 2008-05-26
Think of the all-time favourite stories. Many describe a heroic journey: a man or woman leading colleagues in pursuit of an exciting goal. In comparison, being a leader in business is not usually heroic. You don’t have to fight dragons or dive to the bottom of the sea. However, as leader of any team, you share one thing in common with the legendary leaders. There’s no journey, if people won’t follow.
LEADERSHIP: IT'S WHAT YOU DO THAT COUNTS
published: 2008-06-09
Action is the language of leadership. As elsewhere in life, it's what you do that counts. Yes, you need to meet with people and talk a lot. But, the bottom line is "walking the talk." Action, not theory.
LEADERSHIP: THE MISSING LINK IN BUSINESS PLANNING
published: 2008-06-02
Why do organisations fail? Or, succeed? Breakthrough technology may help. So can low-cost production. Or, superb marketing. But behind all this, one finds leadership. Whether it's Murdoch, Gates or Mittal driving growth and achievement; or, Wagoner, Lay or others causing their companies to stumble. But, their's are huge global businesses.
LEADERSHIP: SIX KEY WORDS
published: 2008-05-12
To understand Italian opera, you only need five words - or, so they say. Here's the list: morte (death), amore (love), maledizione (curse), adio (farewell) and andiamo (let's go). Supposedly, these will guide you through any romantic tale.
LEADERSHIP: LIFTING MY GAME
published: 2008-05-05
How was your last leadership performance review? And, feedback from colleagues? Was the employee survey result less positive than you'd like?
LEADERSHIP: THE ART OF LIBERATING TALENT
published: 2009-05-11
An article in The Economist (October 5, 2006)* highlights the value of "brainpower (both natural and trained) and especially the ability to think creatively." It states that "the value of 'intangible' assets - everything from skilled workers to patents to know-how - has ballooned (since 1980) from 20% of the value of companies in the S&P 500 to 70% today." Also that "the proportion of American workers doing jobs that call for complex skills has grown three times as fast as employment in general."
LEADERSHIP: THE SMALL BUSINESS SUPERCHARGER
published: 2008-06-30
For many small business owners, survival is an ever-present issue. There are so many challenges. Finding customers. Delivering the product or service. Holding good staff. Managing cash and so much else. What's the key? To staying afloat - and, more importantly, growing and succeeding?
LEADERSHIP: IT'S ABOUT LEADING, NOT READING
published: 2008-03-31
Throw out all those books on leadership, and the pile of articles on your desk! Reading what other leaders do (or recommend) is like going to the movies or watching TV. It’s entertainment. Sometimes inspiring but mostly irrelevant - and soon forgotten. Most of us don’t need to be General Patton or Rupert Murdoch. We just need to lead that team we see, talk and do things with every day at work.
LEADERSHIP: SHARP TOOLS FOR HARD TIMES
published: 2008-12-07
What's the leadership equivalent of reaching for your Swiss Army Knife, and selecting the right blade? It's creating a plan, and populating it with appropriate leadership actions. Actions relevant to current challenges, not old ones. Actions that convince people and build commitment. Things that work, giving traction in this tough new environment.
LEADERSHIP: MULTI-TASKING THROUGH THE DOWNTURN
published: 2009-06-01
Hands up anyone who wants to be a business leader today! No-one? I'm not surprised. If you run a big organisation (particularly in financial services), you're clearly a crook. If it's a small business, the banks won't roll your loans. And in between, you're still a dirty capitalist; and, surrounded by staff fearful for their jobs; and, with customers who've probably already opened the window and jumped. So, what's your leadership strategy going to be?
LEADERSHIP: STOP THE HUMAN SACRIFICES
published: 2009-08-10
As a king, commander or leader in Ancient Greece, you'd sacrifice an animal before a major journey, battle or personal undertaking. And, perhaps visit the priests and oracle at Delphi. But today, decision-making is mostly more rigorous and analytical. Planning replaces hoping. But, not in leadership. Many leaders still base their actions on oracular generalisations from gurus - or acolyte consultants. And this involves human sacrifice. Their team members may not be dead physically, but they are organisationally: frustrated, unmotivated and unfulfilled. Sound familiar - for you as a follower or as a leader? So, who are the sacrificial lambs in your organisation? And, what can be done?
LEADERSHIP: NO MORE ABSTRACTIONS, PLEASE
published: 2009-08-24
Politicians talk in abstractions - about future growth, long-term sustainability, equal access and so on. And, voters love it. Why? Because we each interpret their generalities to suit our own needs and desires. For me, "growth" may mean a job; for you, more infrastructure; and, for the government, a higher tax base. Sustainability and access: well, they mean a million things to a million people. This may work well on the campaign trail. But not day-to-day in business. Your people need to know exactly what you have in mind: not only for the division but also for them. So, how clear are you? What would your team say? I personally must own up to being too abstract in a recent Potshot. Let me explain.
LEADERSHIP: POWER AND PURPOSE
published: 2010-01-28
US decline and China's inexorable rise are much talked of. But, in a recent article, Josef Joffe* concludes his rebuttal thus. "Gainsayers will still dramatise China's growth rates as a harbinger of a grand power shift. But as the 21st century unfolds, the US will be younger and more dynamic than its competitors." Whether right or wrong, it's an important issue. And, his arguments have resonance for the durability of leaders, as well as nations. He stresses the requirement for "requisite power and purpose." If asked, would your colleagues say you still have these?
LEADERSHIP: TRUST ME, TRUST ME NOT
published: 2010-02-15
In his first year as Prime Minister of Australia, Kevin Rudd enjoyed unusually high poll ratings. He represented a change of both priorities and approach that many voters welcomed. That was 2007. But now in 2010, a survey of five capital-city talk-back hosts* gives us the following quotes. He "talks about taking tough decisions, but I don't think our audience necessarily buys that he's made any tough decisions." "They see his language as contrived, his personality as plastic and they don't think he's got a sense of humour." They "can't understand what he's on about." Assuming you're past the honeymoon phase of your current leadership role, what are people saying about you? What do they want you to do differently? Here are six actions I've read that journalists or other commentators have suggested for Kevin Rudd in recent months.
LEADERSHIP: THE ROLE OF THE CHAIRMAN
published: 2010-03-08
Boards get a lot of flack and it's not surprising. They're the shareholders' representatives. And, in corporate crashes (think Enron or Royal Bank of Scotland), boards are often judged as having been inadequate or worse. But the issue is broader. Even boards of successful companies (and not-for-profits) are frequently seen as not adding sufficient value. So, what's the problem? From personal experience of doing governance reviews, I believe it's more about board leadership and hence operational effectiveness; less about the issues of individual or group honesty and independence, which tend to attract the headlines and legislation.
LEADERSHIP: FUTURE-FIGHTING, NOT FIRE-FIGHTING
published: 2010-03-29
"Harmony has tremendous appeal. Yet a good leader still asks how the business can do better. And, a great leader fights for what he or she believes in." This edited quote from a recent HBR article* urges us all to strive for what's game-defining, not what's marginal. Where do you and your team spend time: on operational fights with few serious implications; or, strategic challenges that can transform the business? The authors offer three checks of fight-worthiness - outlined below.
LEADERSHIP: THE WISDOM OF CICERO
published: 2010-04-06
In Rome of the first century BC, most leading politicians were soldiers as well as statesmen. For example, Caesar, Mark Anthony and Brutus. But, one key contemporary was not: Cicero was primarily a thinker, orator and writer. He had huge influence during the final turbulent decades prior to the fall of the Roman Republic and appointment of the first Emperor, Augustus, in 27 BC. John Adams (the second US president) said of him that the world has not produced "a greater statesman and philosopher combined". As leaders, what can we learn from Cicero? Here are four must-haves I've taken from a biography* I read recently.
LEADERSHIP: FOR REAL-WORLD MANAGERS
published: 2007-08-28
Business-school journals publish “more than 20,000 articles each year.” And, the Economist magazine says these remain “almost universally unread by real-world managers”. A frightening indictment. And surprising, since “business schools inhabit a highly competitive world.” And, it’s even more competitive for their thousands of graduates – and the millions of other managers and leaders, working in large and small businesses around the world.
LEADERSHIP: HOW WOMEN CAN GET TO THE TOP
published: 2008-01-28
The authors of “Women and the Labyrinth of Leadership” take a new viewpoint on the challenge women face in rising to senior leadership roles. They emphasise deep systemic problems rather than a single obstacle such as the glass ceiling, which has dominated debate for 20 years. In their view, “by depicting a single, unvarying obstacle, the glass ceiling fails to incorporate the complexity and variety of challenges that women can face in their leadership journeys.” However, notwithstanding this broader perspective and a wide-ranging review of available research, the authors don’t come up with a lot that’s new – or, more importantly, that a woman executive can directly control. So, is there an answer?
LEADERSHIP: GOING BACK TO GO FORWARD
published: 2010-06-07
Australia’s Prime Minister, Treasurer and hapless Government have locked themselves in a citadel of denial. They’re defending a resources super-profits tax, that’s been ill-conceived and badly introduced. The local media are full of it – as are key overseas financial reports. In Australia, not only mining people but also ex Labor Ministers, retired public servants, industry analysts and “friends” of Labor are trying to make the Government see sense. The tax, as proposed, is a national risk. Other countries are welcoming it as reducing Australia’s competitiveness in both attracting investment and exporting minerals. This same week, I’ve had a client CEO attempt a similar denial. Here are some thoughts on getting free.
LEADERSHIP: THAT ONE KEY LESSON
published: 2010-07-07
How do you rate yourself on the following five actions? Showing self-awareness?. Demonstrating authenticity, integrity and compassion? Understanding and engaging people as individuals? Showing self-leadership and adaptability? Communicating, particularly listening well – and widely? These are my phrases but, taken together, they encapsulate nearly 80% of the responses to a recent online survey that asked “if you could teach one thing to a young leader, what would it be?” From my decades of working with leaders (and being one), I can’t fault any of these suggestions. Even though, at times and to my cost, I’ve ignored some! But, notwithstanding their importance, they’re less than the full picture. Let me explain why – and suggest what else might be needed.