Weak markets are not a valid excuse for a company’s slow growth, write Kasturi Rangan and Evan Hirsh for Strategy+Business. With the right market proposition, you can achieve success, no matter what state your industry is in.
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Time management is one of the biggest challenges in the modern workplace. Many leaders complain of being short on time or are looking for ways to improve productivity.
With that in mind, Frances Booth, writing for Forbes.com, shares a long list of time management tips, including:
Think you want to be an entrepreneur? Lolly Daskal, writing for Inc.com, reveals what it’s really like to go it alone.
Daskal reveals eight facts about entrepreneurship that you really need to know:
1) You might fail. Almost 90% of startups fail within a few years. You might dream of being the next Amazon.com, but your chances are slim.
Ron Ashkenas discusses the difficulty of communication on his HBR.org blog, observing that large organisations in particular struggle in this area.
Human beings are generally "pretty lousy" at estimating the time they will need to complete a task, says Heidi Grant Halvorson on Fast Company – and obviously that has implications for managers everywhere.
On HBR.org, Amy Gallo looks at ways of making sure your employees succeed in achieving their goals.
Are you a good boss – or a great one? That's the question posed by Linda Hill and Kent Lineback, writing for Harvard Business Review. They observe that most bosses reach a certain level of proficiency and stop there, leaving their potential unfulfilled.
How should you prepare if you’re going to be interviewed for an executive role? Early careerists get plenty of interview advice, but those at the top are left to their own devices, writes Jane Rankin for Management Today.
The author lists eight ways you can prepare for that all-important leadership role interview.
According to Lynn Russo Whylly, writing for ChiefExecutive.net, ignoring or missing a major consumer trend or behavioural shift can seriously damage a brand’s chances of survival.
Some big-name brands have endured by learning how to reinvent themselves, such as IBM, Apple and McDonald’s.
You have a good career that pays well, but you want to strike out on your own. Should you quit your day job to pursue your dream? Well, not just yet, advise Lolly Daskal, Leo Widrich and Elizabeth Gore, writing for Fast Company.
The right mentor can make a huge difference to your career, writes Katherine Reynolds Lewis for Fortune.
Lois Zachary, author of The Mentor's Guide: Facilitating Effective Learning Relationships, tells Reynolds Lewis that 96% of executives consider mentoring as an important development tool.
There’s only so much you can do to prepare for change, observes Geil Browning, writing for Inc.com. She insists the real leadership test is helping your team deal with the change when it comes.
On MIT Sloan Management Review, Gerald C. Kane reports from the 2014 South by Southwest festival where he attended a session entitled Tomorrow Is Another Day: Surviving A Social Media Crisis.
On Business Insider, Dylan Love shares some innovation insight in the form of the most inspirational quotes from the late Apple co-founder and CEO Steve Jobs.
Here is a selection:
Many people launch startups because the idea of being boss is more appealing than being employee. However, as Suzanne Lucas observes on Inc.com, the problems don’t go away just because you are the boss.
“In fact,” writes Lucas, “there seem to be more – clients, employees, investors, regulations – and sometimes, the biggest problem is you.”
Leaders can miss growth opportunities because they are so far removed from the many day-to-day processes carried out in their organisations they lead, observe Jeremy Eden and Terri Long, writing for ChiefExecutive.net.
Discussing money with employees can be uncomfortable, as Amy Gallo points out, writing for HBR.org. Even if you’re sharing the good news of a bonus or pay rise, it’s difficult to talk about specific numbers when valuing someone’s work, especially if you’re not the one making the decision.
As Amina Elahi points out, writing for the Chicago Tribune’s Blue Sky section, innovation doesn’t just happen – it’s created.
Whatever kind of enterprise you’re launching, an online aspect of your business is essential nowadays. Even if you aren’t actually selling online, a web presence is a must for promoting your company.
As John Rampton points out, writing for Forbes.com, there’s more to going online than just building a website and a social media account.
Even good leaders can overlook early signs of trouble, according to Doug Yakola, writing for McKinsey Insights.
Yakola has been running recovery programmes for 20 years as chief restructuring officer or CFO in over a dozen turnaround situations. He has witnessed many managers heading into crisis territory without realising it.
Creative work can take a long time, observes Jane Porter, writing for Fast Company. Results can be inconsistent, the gestation period can feel unproductive and it’s prone to blockages.
In fact, the challenging nature of creativity and the stagnation involved can tempt you into abandoning projects prematurely.
There are popular images of entrepreneurs – such as a startup founder, someone running a franchise or a veteran business owner.
However, one type of entrepreneur not often considered is a freelancer, observes Jon Salm, writing for Entrepreneur.com.
The author shares some tips for entrepreneurs looking to build a freelance career:
Recent statistics show that the UK loses 131 million days a year to sickness in the workforce. The main reason for this absenteeism is minor illness – such as back, neck and muscle pain.
Strategic thinkers are shown to be the most highly effective leaders in multiple studies, observes Robert Kabacoff, writing for the HBR.org Blog Network.
So given the value of strategic thinkers, how can organisations develop more of them?