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March 24, 2017

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.

March 22, 2017

3 Ways to Recognize Millennial Leaders in the Workplace

February 15, 2017

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.

December 20, 2016

The Importance of Improving Leadership

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.

November 22, 2016

Top 3 Skills of Exceptional Leaders

October 31, 2016

3 Essential Ways to Improve Your Leadership

September 15, 2016

8 Tips to Successfully Lead in Today’s Market

September 15, 2016

How Leaders Should Handle Company Downturn

August 1, 2016

8 Tips to Successfully Lead in Today’s Market

1. Two-way conversations
A great leader always communicates in a way where he/she allows for two way communication with other co-workers or employees. Conveying information in a concise but articulate manner is essential when it comes to highlighting success, receiving feedback, and making strides for improvement.

2. Attitude is everything
Maintaining a positive but realistic attitude both shapes your leadership in a conducive manner while also setting a great example for your team and your company. As you are a solid representation of the organization, making sure your attitude encourages others is essential.

3. Growing talent
Viewing your employees as valuable resources to be nourished and developed instead of business transactions will have two useful outcomes for the company. On one hand, these employees will be grateful that the company is expanding their skill set (webinars, seminars, workshops), and will directly become of more use to the company.

4. Motivate others
Providing a fair amount of emotional support for your team will incentivize performance in order for them to excel in every aspect of their day to day jobs. Some ways to motivate others include encouraging them to challenge their skillsets, acknowledging their successful efforts in a public space, and organizing events for team bonding.

5. Remain impartial
Try to your best to avoid engaging in any favoritism with any co-worker at the office. Remember to evaluate an individual based on his/her performance, how they challenge themselves, and the ways they want to improve the company’s mission. Showing impartial respect to others is the best form of effective leadership.

6. Set the standard
Establishing your legacy at the company is most effective when you lead with actions that support your strengths. Matching or exceeding the work ethic shown by your team members will also create an environment that promotes excellence and dedication to your craft.

7. Decisiveness
In addition to not allowing external factors to affect your decision making, be sure to take the time to support any decision you make with sound logic throughout the thought process. A successful leader can always support any decision with rationale.

8. Educate Yourself
A true leader never stops learning or challenging him/herself to understand the latest market trends or ways to improve the efficiency of a certain internal process. Whether it is reading the journal everyday or attending seminars on a monthly basis, leaders are always looking for ways to improve themselves.

With all this in mind, processing and implementing these tips will also allow you to become the type of leader that people not only admire, but would want to emulate in the future. Leadership is not only about making decisions for the team. It is strongly based on the notion to create an environment of mutual respect to produce a cohesive work environment for everyone.

July 1, 2016

Top 3 Skills of Exceptional Leaders

The book titled “Traction” by Gino Wickman focuses on how to grow your company or “scale up” when the opportunity to expand presents itself. While research has shown that companies struggling to grow or expand find it difficult to break into their growth phase, gathering information from other leaders or entrepreneurs is a key step in order to assess what the appropriate steps are moving forward.

In addition to the insight given by Ken Dunn, here are some tips that any aspiring leader or current manager should actively implement in their day to day tasks. With this in mind, the below are three essential skills that managers, leaders, and other upper management officials need to be aware of as business expansion ensues.

Keep it simple
The best managers and leaders should have the useful skill of framing a very complex issue in simple terms. Though a skill that often times take months or years to develop, the right environment can help any leader acquire this important quality.

As these leaders will be required to guide a team throughout this new process, conveying intricate processes and difficult situations in plain language will not only help everyone comprehend what is going on around them, but will also make the complicated seem easy to understand.

Work with your team
Creating a two way working relationship with each of your teammates allows for both an easy information flow while also funneling growth to empower development. As a manager or leader, it is your job to find strengths in your subordinates in order to decipher how to best expand this skillset to the next step.

Each employee on your team has a different set of strengths, weaknesses, and areas of improvement, and it is essentially the manager primary goal to improve the subordinate in every way he/she can. As this is a huge part of your role, providing constructive criticism and a strategic approach to rectify this You can learn from everyone you manage.

Structure
The next step from the previous tip, managers also need to set goals for career-related growth as to make sure all their skills are properly utilized. Improving skills are in the best interest of both the employee and the company, and effectively bridging the two is vital for overall growth.

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