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Showing posts with label forbes. Show all posts
Showing posts with label forbes. Show all posts

Monday, April 15, 2013

The Most Successful Leaders Do 15 Things Automatically, Every Day


The following article from Forbes highlights many areas  I have previously discussed.  But does it really only relate to leaders?  At the end of the day we are all leaders in one way or another.  Every person can adopt these in their every day routine to make them a more efficient and better employee or even person.  Sometimes you cannot communicate expectations to others, but you should be clear in your mind what your goals are, and what you want to achieve.  

You don't have to challenge other people to think, but challenge yourself.  Look around you and learn from others.  See what works and what doesn't.  We don't always succeed, but was makes us stronger is when we fail.  We can see why and how, and work even harder to ensure success in the future.  Stay positive!  By doing so you will unlock infinite possibilities for yourself and put people around you at ease, to either help you, do business with you, or even admire you.


Try it, and let me know your thoughts.  The best way to contact me is through LinkedIn (link to your right).

Leadership is learned behavior that becomes unconscious and automatic over time.  For example, leaders can make several important decisions about an issue in the time it takes others to understand the question.   Many people wonder how leaders know how to make the best decisions, often under immense pressure.  The process of making these decisions comes from an accumulation of experiences and encounters with a multitude of difference circumstances, personality types and unforeseen failures.   More so, the decision making process is an acute understanding of being familiar with the cause and effect of behavioral and circumstantial patterns;  knowing the intelligence and interconnection points of the variables involved in these patterns allows a leader to confidently make decisions and project the probability of their desired outcomes.   The most successful leaders are instinctual decision makers.  Having done it so many times throughout their careers, they become immune to the pressure associated with decision making and extremely intuitive about the process of making the most strategic and best decisions. This is why most senior executives will tell you they depend strongly upon their “gut-feel” when making difficult decisions at a moment’s notice.
Beyond decision making, successful leadership across all areas becomes learned and instinctual over a period of time. Successful leaders have learned the mastery of anticipating business patterns, finding opportunities in pressure situations, serving the people they lead and overcoming hardships.   No wonder the best CEOs are paid so much money.   In 2011, salaries for the 200 top-paid CEOs rose 5 percent to a median $14.5 million per year, according to a study by compensation-data company Equilar for The New York Times.
If you are looking to advance your career into a leadership capacity and / or already assume leadership responsibilities – here are 15 things you must do automatically, every day, to be a successful leader in the workplace:
1.  Make Others Feel Safe to Speak-Up
Many times leaders intimidate their colleagues with their title and power when they walk into a room.   Successful leaders deflect attention away from themselves and encourage others to voice their opinions.  They are experts at making others feel safe to speak-up and confidently share their perspectives and points of view.   They use their executive presence to create an approachable environment.
2.  Make Decisions
Successful leaders are expert decision makers.    They either facilitate the dialogue to empower their colleagues to reach a strategic conclusion or they do it themselves.  They focus on “making things happen” at all times – decision making activities that sustain progress.   Successful leaders have mastered the art of politicking and thus don’t waste their time on issues that disrupt momentum.  They know how to make 30 decisions in 30 minutes.
3.  Communicate Expectations
Successful leaders are great communicators, and this is especially true when it comes to “performance expectations.”   In doing so, they remind their colleagues of the organization’s core values and mission statement – ensuring that their vision is properly translated and actionable objectives are properly executed.
I had a boss that managed the team by reminding us of the expectations that she had of the group.   She made it easy for the team to stay focused and on track.  The protocol she implemented – by clearly communicating expectations – increased performance and helped to identify those on the team that could not keep up with the standards she expected from us.
4.  Challenge People to Think
The most successful leaders understand their colleagues’ mindsets, capabilities and areas for improvement.  They use this knowledge/insight to challenge their teams to think and stretch them to reach for more.   These types of leaders excel in keeping their people on their toes, never allowing them to get comfortable and enabling them with the tools to grow.
If you are not thinking, you’re not learning new things.  If you’re not learning, you’re not growing – and over time becoming irrelevant in your work.
5.  Be Accountable to Others
Successful leaders allow their colleagues to manage them.  This doesn’t mean they are allowing others to control them – but rather becoming accountable to assure they are being proactive to their colleagues needs.
Beyond just mentoring and sponsoring selected employees, being accountable to others is a sign that your leader is focused more on your success than just their own.
6.  Lead by Example
Leading by example sounds easy, but few leaders are consistent with this one.   Successful leaders practice what they preach and are mindful of their actions. They know everyone is watching them and therefore are incredibly intuitive about detecting those who are observing their every move, waiting to detect a performance shortfall.
7.  Measure & Reward Performance
Great leaders always have a strong “pulse” on business performance and those people who are the performance champions. Not only do they review the numbers and measure performance ROI, they are active in acknowledging hard work and efforts (no matter the result).    Successful leaders never take consistent performers for granted and are mindful of rewarding them.  
8.  Provide Continuous Feedback
Employees want their leaders to know that they are paying attention to them and they appreciate any insights along the way.  Successful leaders always provide feedback and they welcome reciprocal feedback by creating trustworthy relationships with their colleagues..   They understand the power of perspective and have learned the importance of feedback early on in their career as it has served them to enable workplace advancement.
9.  Properly Allocate and Deploy Talent
Successful leaders know their talent pool and how to use it.  They are experts at activating the capabilities of their colleagues and knowing when to deploy their unique skill sets given the circumstances at hand. 
10.  Ask Questions, Seek Counsel
Successful leaders ask questions and seek counsel all the time.  From the outside, they appear to know-it-all – yet on the inside, they have a deep thirst for knowledge and constantly are on the look-out to learn new things because of their commitment to making themselves better through the wisdom of others.
11.  Problem Solve; Avoid Procrastination
Successful leaders tackle issues head-on and know how to discover the heart of the matter at hand.    They don’t procrastinate and thus become incredibly proficient at problem solving; they learn from and don’t avoid uncomfortable circumstances (they welcome them).
Getting ahead in life is about doing the things that most people don’t like doing.
12.  Positive Energy & Attitude
Successful leaders create a positive and inspiring workplace culture.  They know how to set the tone and bring an attitude that motivates their colleagues to take action.   As such, they are likeable, respected and strong willed.  They don’t allow failures to disrupt momentum.
13.  Be a Great Teacher
Many employees in the workplace will tell you that their leaders have stopped being teachers.   Successful leaders never stop teaching because they are so self-motivated to learn themselves.  They use teaching to keep their colleagues well-informed and knowledgeable through statistics, trends, and other newsworthy items.
Successful leaders take the time to mentor their colleagues and make the investment to sponsor those who have proven they are able and eager to advance.
14.  Invest in Relationships
Successful leaders don’t focus on protecting their domain – instead they expand it by investing in mutually beneficial relationships. Successful leaders associate themselves with “lifters and other leaders” – the types of people that can broaden their sphere of influence.  Not only for their own advancement, but that of others.
Leaders share the harvest of their success to help build momentum for those around them.
15.  Genuinely Enjoy Responsibilities
Successful leaders love being leaders – not for the sake of power but for the meaningful and purposeful impact they can create.   When you have reached a senior level of leadership – it’s about your ability to serve others and this can’t be accomplished unless you genuinely enjoy what you do.
In the end, successful leaders are able to sustain their success because these 15 things ultimately allow them to increase the value of their organization’s brand – while at the same time minimize the operating risk profile.   They serve as the enablers of talent, culture and results.

Wednesday, August 8, 2012

Top 25 Websites for CEOs


The following article is from forbes.com (http://www.forbes.com/sites/mikemyatt/2012/08/02/top-25-websites-for-ceos/) written by Mike Myatt (http://blogs.forbes.com/mikemyatt/) on 2nd August 2012

While I agree with many of these and like the way he leads from our own web site through the competitor and customer, we also need to consider the amount of time delegated to self education, which should form part of leader’s schedule.  There are certainly a number of other good web sites, but this is a good, well balanced list to start from in my view.

Top 25 Websites for CEOs

If you want to shorten your shelf life as a CEO, it’s easy to do – be uninformed and disengaged. There’s a big world out there, and CEOs need to get out of their bubble and go see it for themselves. Too many chief executives live in an isolated world of constant travel, public policy and capital markets road shows, board and executive meetings, and management briefings – everything is filtered, packaged and fed to them. THIS IS A HUGE PROBLEM.
While many CEOs suffer from email, iPad and Smartphone addiction, the time spent on these devices is largely related to email, scheduling and logistics. The big miss here is far too little time is spent using the web as a digital learning medium. Successful CEOs don’t delegate business intelligence, learning, and listening – they do it themselves.

Let me be clear; isolation is not synonymous with highest and best use – it’s career suicide. Delegation should not be confused with abdication, and span of control should never be confused with span of influence or awareness.  I’m not suggesting chief executives engage in hours of mindless web-surfing activity, but I am suggesting they use the Internet for personal/professional development, research and business intelligence like the rest of the world does. CEOs must wake-up to the fact the Internet just isn’t a tool for their staff.
Following are my top picks for the Top 25 Websites for CEOs (in no particular order of preference):
The Obvious But Overlooked
1. Your Company Website: You’d be surprised how many chief executives have no idea what’s published on their own website – big mistake.  I was recently retained by a Fortune 100 company to work with their new incoming CEO, and when I enquired as to why he wasn’t listed on the company website, he sheepishly stated he’d been on board 6 months and hadn’t even checked the website. This is one of those “the buck stops here” things – if you’re the CEO, you better understand the entirety of your company’s digital footprint (public sites, sites behind the firewall, social media accounts, partner sites, etc.).
2. Your Competitor’s Websites: There are few competitive intelligence tools as effective as the online profiles of your competitors. There’s always a great temptation to delegate this activity to staff, but at a minimum, make sure you are briefed on a regular basis. However the better method is to own at least some of the homework yourself – you’ll find the knowledge acquired invaluable.
3. Your Customer’s Websites: It’s difficult to relate to your customers if you don’t know and understand them. A little time spent understanding the digital footprint of a client can lead to great conversations and big business. When customers find out you’ve invested time in getting to know their company, culture, challenges and opportunities, you’ll have escalated your relationship to a more fruitful level.

Unusual Suspects
4. Foreign Affairs: There are very few businesses of any scale who can’t afford to think globally, and there’s no better publication to inform you on international news and information than Foreign Affairs.
5. Psychology Today: One of the most thought provoking and informative magazines dealing with the human psyche. CEOs are first and foremost in the people business, and few publications will offer insights into the human condition like this one.
6. Mashable: This is where the cool kids hang out for news and information. With 20 million unique visitors and 6 million social media followers, Mashable has become one of the most engaged online news communities. It has both aggregated and original content, and multiple topical channels.
7. The Build Network: This is one of my favorite new publications/websites. With a truly unique format, the information here is short, crisp, relevant, and actionable. Well worth a visit for every CEO.
8. Twitter: This social networking site offers one of the best listening posts on the Internet. Virtually every major brand is represented on Twitter, as well as numerous thought leaders, and CEOs like Richard Branson, Michael Dell, Marissa Mayer, Thomas Geisel, Rupert Murdoch, and many more. If you think you’re too busy, or too important to be on Twitter, think again.
9. TED: Want to know what’s coming next? Visit the TED website and view videos from the world’s hottest innovators and thought leaders.
10. LinkedIn: Perhaps the world’s greatest talent engine, LinkedIn gives you virtually unfettered access to passive talent if you’re willing to pony-up for a modest subscription fee. Well worth the price.

News and Commentary
11. Forbes: You’re reading this now, so you must agree. Forbes has some of the best contributors and columnists in the business, while the site does offer hard news, the editorial content is definitely it’s strength – it’s rich and there’s a lot of it.
12. CEO.com: The site offers aggregated and original content specifically designed for CEOs. Who’s hot or not, in or out, and tips and advice for the chief executive. A great one stop shop for C-level items of interest.
13. Chief Executive Magazine: Every industry has a leading trade rag, and this is it for CEOs. The site contains news, editorial and research specifically catering to the chief executive.
14. Wall Street Journal: Still the gold standard for financial news and insightful commentary. Plenty of hard news and some insightful commentary to boot.
15. The Economist: Consistently sound thinking with a global focus can be found on the Economist. Everything here is fair game; politics, religion, business, education, innovation, and of course, the economy.

Research and Intelligence
16. Corporate Executive Board: There aren’t too many global brands who aren’t members, so what’s your excuse? I’ve never met a chief executive who couldn’t benefit from being better informed.
17. Forrester: Probably the world’s best known business research firm. Forrester covers all major segments with top-notch analysts.
18. EDGAR: The SEC database on securities filings and forms. If you want the latest info on public companies, this the place to find what you’re looking for (10k, 10Q, etc,).
19. YouTube: The world’s second largest search engine (a subsidiary of the largest) is a great resource when you need topical video content at your fingertips. It was recently reported users watch 4 Billion hours of YouTube videos a month.

Leadership & Strategy
20. Strategy & Business: Published by Booz & Co., you’ll find timely information on all things strategy, and a bit of topical content on leadership as well. The site is particularly good for what I call catorials (editorialized case studies).
21. HBR: I have a love hate relationship with HBR. Some of the authors offer pure brilliance as their contribution, but you’ll have to filter through some mundane B-school nonsense to find it. Nonetheless, when it’s good, it’s really good.
22. The Conference Board Review:  Their tagline, ideas and opinions for the world’s business leaders, says it all. Snappy content on a variety of global business issues important to leaders.
23. Hack Management 2.0: Better known as the Management Innovation eXchange, this site encourages fresh debate on topics related to leadership and management. The site also sponsors numerous competitions for innovative submissions on the hot business topics of the day. You’ll find many thought provoking subjects worth the time to peruse.
24. Real Leaders: The website of Young President’s Organization’s official leadership magazine. Intended to inspire better leaders for a better world, this site contains leadership editorial, CEO profiles, and topical case studies designed for CEOs by CEOs.
25: The N2growth Blog: My personal favorite:) If you like what you’ve read from me on Forbes, CEO.com, Success, Entrepreneur, The Washington Times, etc., you might also enjoy my company’s leadership blog (authored by yours truly). Consistently ranked among the top leadership blogs, I write specifically for CEOs. As a bonus, a few other  blogs from leaders I enjoy are:Richard Branson’s Blog, Mark Cuban’s Blog, and Tom Peter’s Blog.
The above list is clearly not exhaustive, but it covers a lot of ground.
Follow me on Twitter @mikemyatt

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