Category: Emotional Intelligence (page 2 of 3)

Leadership Tips From CEO’s

No company is as good as its leadership. In order to steer your team in a productive, efficient direction, proper leadership qualities must become habitual. As a leader, this process means finding a comfortable equilibrium between employee happiness and workplace initiative. The key is finding ideas that can stand the test of time while upholding a constructive purpose.

However, since the basics of leadership tend to be obvious and broad, it can be hard to think outside the box for new ideas. Here are a list of leadership tips you may have missed–taken from some of the business world’s top CEO’s.

Transparency is vital

From JPMorgan Chase CEO and chairman, Jamie Dimon

By maintaining a transparent workplace for your employees, you will subsequently instill a culture of strong trust and mutual understanding. JPMorgan CEO Jamie Dimon recommends sharing information such as financial performance and strategy as much as possible–doing so will prevent your employees from thinking you are hiding information from them.

Assign a theme to each work day

From Square CEO and Twitter chairman, Jack Dorsey

While balancing responsibilities from two separate leadership roles, Square CEO Jack Dorsey likes to assign themes to his work days, devoting each day to a different type of work. By adopting this philosophy, you may be able to strengthen your prioritization skills while making a habit out of mental compartmentalization–a skill that is bound to serve you well in other aspects of your role as a leader.

 

Be willing to redefine everything

From Alibaba CEO,  Daniel Zhang

Alibaba CEO Daniel Zhang likes to compare workplace redefinition to the advent of the iPhone. “That’s one of my favorite examples of how a single innovation can change everything,” he told Fast Company. “The future isn’t invented by analyzing the past. Leaders have to be fearless in questioning what we think we know.”

Zhang’s analogy is spot-on when applied to the daily decisions that come with a leadership role. Quality leaders are more than just bosses and rule-setters; they are the spearheads that are expected to absorb new problems, even those that feel newfangled and uncomfortable, and diffuse them so that they can be managed and applied to the company or initiative’s best interests.

 

Plan far ahead

From Nissan CEO, Carlos Ghosn

This tip seems like a no-brainer for leaders, but proper leadership comes with an important moral: no amount of planning is too extreme or bloated. Take Nissan CEO Carlos Ghosn, who has been known to plan for work as far as 15 months in advance. This practice can be adopted gradually, but its positive impact will surely be felt by both you and your employees when there may not be time to plan in advance.

 

Try avoiding work during flights

From former Evernote CEO, Phil Libin

During his time as Evernote’s CEO, Phil Libin would use flying as a chance to catch up on lingering work. However, in an interview with PC Magazine, he revealed that he eventually stopped this habit altogether, opting instead to watch movies, play video games, and rest. As a result, he found himself exiting planes feeling refreshed and relaxed.This story could serve as an extension to a key rule of thumb for any worker: take breaks.

Take time to do something mindless–you might see progress in your work life as a result. Being a leader does not necessarily mean you have to live a no-fun life. The best leaders are able to keep a healthy balance of fun and work.

3 Ways to Recognize Millennial Leaders in the Workplace

3 Ways to Recognize Millennial Leaders in the Workplace

3 Ways to Recognize Millennial Leaders in the Workplace

Members of the Millennial Generation are coming of age, joining the workforce and preparing to lead our society as we continue make progress in the 21st century. Millennials have entered corporate America at a great disadvantage in terms of economic adversity, diminished prosperity and political dissonance; thus far, however, they are holding their own.

The time has come to recognize Millennial leadership, and there is a lot to like in this regard. Millennials tend to embrace technology and diversity. They are also connected and in touch with social issues; they seek validation in relation to their opinions and are resourceful for the most part. Millennials enjoy lifelong learning processes and feel very comfortable working in teams.

Here are three observations that business owners and executives can apply for the purpose of recognizing future Millennial leaders:

1 – Spotting Quiet and Natural Born Leaders

Quiet and unassuming leaders have emerged throughout history mostly because their peers have sought their leadership. One of the keys to recognizing these quiet leaders is by taking into account their small accomplishments, which tend to be numerous. Another trait of these leaders is that they listen and read more than others; in the case of Millennials, who are known to be chatterboxes on social media, quiet leaders mostly take time to read updates and act upon them as necessary.

2 – Intelligent Feedback

For the most part, Millennials are not afraid of voicing their opinions on just about everything; this is part of their social process. For this reason, employers should provide their Millennial staff with tools such as Slack and Microsoft Teams, which combine the best of corporate communications with project management and social media features. Reviewing the feedback and messaging threads on these tools can help employers spot budding leaders by focusing on team members who provide constructive criticism, respond to every interaction, analyze with intent, and give praise when it is wise to do so.

3 – Assimilation of Corporate Culture

The norms and expectations of a business enterprise define its culture. Observing how Millennials navigate corporate culture can provide a glimpse into their leadership potential. Employees who seem to embrace corporate culture should be encouraged to participate in planning and operational meetings where they are invited to provide their personal input. If their ideas are in line with company culture, they may be ready to take on a more prominent business role with greater responsibilities.

5 Key Tips for Introverts In Leadership Positions

5 Key Tips for Introverts In Leadership Positions

3 Ways to Recognize Millennial Leaders in the Workplace

3 Ways to Recognize Millennial Leaders in the Workplace

5 Key Tips for Introverts In Leadership Positions

light bulbs

Our society has a habit of coveting and catering to the extrovert, leaving the introvert to feel less capable. But the truth is, some of the best thinkers throughout history were introverts. Introverts can be highly effective leaders. The reason introverts often feel they can’t lead is because some of the tips given for leadership don’t cater to them. Here are a few leadership tips for introverts:

1) Tell Your Team What to Expect

While introversion can be a positive quality in a leader, not all employees are used to it. It’s a good idea to let your team members know directly if you are going to do things differently than what they are used to. For example, if you don’t like having meetings as frequently as your team previously did, let your employees know that that’s how the team will be operating. Explain why you think it would be beneficial for you to spend more time on individual work. Let your employees know they can come to you with questions or concerns at any time.

2) Prepare For Meetings

Even if you intend to have fewer meetings that other leaders held, you’ll still want to have a few. If you aren’t prepared for these meetings, you can get overwhelmed and as a result communicate in a way that is not very effective. In order to make the meetings as productive as possible, get ready for the meetings before hard. Write down some thoughts or prepare an agenda. You can even create a presentation to help you stay on task.

3) Have One-on-One Meetings With Employees

If you don’t like having frequent team meetings, make sure you schedule one-on-one meetings with each member of your team. This is a beneficial way for introverted leaders to have effective communication with employees. This will allow you to get input from everyone on your team instead of just from the people who are likely to talk in meetings.

4) Listen First and Talk Second

One of the best leadership qualities associated with being an introvert is being a good listener. Too many people in the business world speak without listening, so introverts have a leg up on the competition in this regard. If you want to be viewed as a respected leader, put those listening skills to use. Actively listen to your employees, your coworkers and your clients. After processing what they have told you, provide guidance and answers that you feel will keep the company moving in the right direction.

5) Notice Your Employees’ Strengths

Chances are you’re not the only introvert on the team. You don’t want your employees to overlook your strengths, so make sure you don’t overlook the strengths of some of your employees who may be wary to socialize or share their thoughts. When you take the time to recognize the strengths of each team member, you will be more able to give them the right tasks. When you assign people the tasks they’ll do best, the company will be able to make more progress.

Being an introvert in the workplace can be tough, and it can be even more difficult when you’re in a leadership position. Don’t ever feel that your introversion makes you an incapable leader. If you follow the steps on this list, you’ll be able to lead your team to success.

 

The Importance of Improving Leadership

business leaders

Unfortunately, leadership development can sometimes be limited to only top level officials and positions, while many times this can actually create a level of stagnation for employees altogether.

The bottom line is that without a consistent training program that improves how leaders function in accordance with changing workflows, etc. Without a training program, some results can include employee satisfaction, turnover rate, and employees who simply do not want to engage further in the company.

Decreased employee engagement
A study conducted by Corporate Productivity found that half of managers across U.S. companies have to keep their best employees in their current positions (as a means to talent hoarding).

The most efficient of companies across the U.S. were more than twice as likely to prioritize the movement of talent to either different departments or moving upwards internally. On the other hand, companies with the lowest efficiency are 2.5 times more likely to prioritize other goals focused on talent movement or management.

When employees move on

Poor leaders also negatively affect talent management. The Society for Human Resource Management (SHRM) has also confirmed that solid leadership directly contributes to factors such as turnover and employee retention rate.

The lack of leadership training opportunities can cause employees to not only get bored, but also develop negative feelings towards the institution they work for. If employees don’t feel valued or believe there is an upward trajectory of job growth internally, the good employees will without a doubt find opportunities elsewhere.  

Many leaders are not “natural” and without proper training, there is a slim chance they will succeed. Investing in effective leadership programs to grow employees will have positive long term results for the company. Leaders at all levels need the right training to guide their employees to succeed in the workplace.

The Importance of Improving Leadership

The Importance of Improving Leadership 2 3 4 5

Top 3 Skills of Exceptional Leaders

Top 3 Skills of Exceptional Leaders

3 Essential Ways to Improve Leadership

leadership chess

Jamie Dimon, Chairman and CEO of JPMorgan Chase discussed the most effective ways to become and maintain leadership in his most recent conference appearance in New York City. Below are Dimon’s top ways to achieve a higher level of leadership.

1. Transparency

In order to build and foster a culture of trust between leaders and other employees, Dimon makes a point for leaders to not only share much of the information with others, but to also not engage in hiding bits of valuable information from employees. Interestingly enough, the Chairman and CEO of JPMorgan Chase that the two way conversation of sharing information is the key when it comes to cultivating this trust relationship.

As a means to include employees who both may feel as though they are in the dark about certain business related initiatives, sharing information such as strategy or the company’s changed financial status is an effective, inclusive way to interact with your employees

2. Deal with problems as they arise

Leaders should also consistently encourage open communication among employees regardless of the situation. Basically, no one should feel uncomfortable to express their thoughts, concerns, or problems at any given time.

Speaking up during a team or company wide meeting sparks internal discussions that can improve a certain situation or prevent a problem. Dimon reaffirms that as a result of leaders fostering a comfortable environment where everyone feels comfortable enough to speak up, this will create a more open dialogue company wide.

3. Understand your business

With the constant changes and mishaps in any business, it can be common for leaders to be out of touch or even disconnected from the needs of their employees. While this is a difficult to achieve, it is important for leaders to connect or touch base with employees of all levels or departments to gain a better understanding of how the organization can improve.

“You don’t sit in your office by yourself and somehow you make big decisions because you read something carefully,” Dimon said. “Talk to your people. … Ask them what you can do better.”