Have you got what it takes to be a successful entrepreneur? Drew Hendricks, writing for Inc.com, gives the lowdown on ten habits you need if you are going to make it big.
1) They work tirelessly. Successful entrepreneurs make things happen because they are action-oriented and work tirelessly to succeed.
Professionals who collaborate with their colleagues on cross-disciplinary work generate more revenue, inspire greater client loyalty and give their firms competitive edge, says Heidi Gardner in Harvard Business Review.
We know a great deal about what strategy is, but very little about how to make strategy work, write Donald Sull, Rebecca Homkes and Charles Sull for Harvard Business Review.
For some entrepreneurs, things seem to fall into place on their rise to financial success, observes Jayson Demers, writing for Entrepreneur.com.
However, in spite of appearances, their success is not down to luck but rather an understanding of the importance of learning, adapting and growing, says the author.
Learn to use your emotions and you will be a better negotiator, writes Shirli Kopelman for the HBR Blog Network.
Many people fear acknowledging emotions at work, believing they only cloud judgement and impede reasoning. But, argues the author, your emotions can be an important negotiating tool, giving you energy and expression.
Five common mistakes could be damaging your career potential, writes Cheryl Lock for Fast Company via Learn Vest. Learn what they are and how to fix them.
Is it possible to invest in tomorrow without damaging performance today? Ken Favaro, writing for Strategy+Business, looks at short-term/long-term tension and how to get over it.
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.
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.
