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.
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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?
There is an expectation of everyone in business to do more with less these days, observes Gregory Kennedy, writing for Entrepreneur.com.
With that in mind, Kennedy offers five tips for growing your business without adding more overhead:
Managing your emotions and remaining calm under pressure has a direct link to your performance, according to Travis Bradberry, writing for Forbes.com.
Every business leader needs help at some time in their career. A view from an outsider can throw a new light on a tricky problem, and the right consultant can mean the difference between success and failure.
Change management requirements, increased marketplace demands and intensifying competitive factors all mean that leaders need to show more composure than ever before in the workplace, writes Glenn Llopis, writing for Forbes.com.
In business, what you say is important – but how you say it matters just as much. As a leader, the tone, pitch and volume of your delivery when speaking in a professional setting will have a profound effect on how you are perceived by your colleagues.
Writing for Entrepreneur.com, Lindsay Broder notes that cultivating client relationship and overcoming obstacles requires “tons of creativity”. But business leaders often find themselves in a creative slump.
With that in mind, Broder offers some simple strategies for overcoming creativity blocks:
• Reaquaint yourself with your mission statement.
You need more than just a MacBook and a blog to be an entrepreneur, writes Steve Tobak for Entrepreneur.com. He also points out that just calling yourself a CEO doesn’t make you a leader, either.
Unfortunately, it’s a stark fact of the business world that the majority of startups fail. As Tanya Prive points out, writing for Forbes.com, a new business represents a journey into the unknown, and entrepreneurs need to embrace ambiguity, uncertainty and multiple challenges.
When you’ve been in the workforce for a certain amount of time, you realise the importance of skills and abilities that simply can’t be learned in business school, observes Katherine Reynolds Lewis, writing for Fortune. With that in mind, the author highlights five key – but neglected – skills for management success...
Writing for the HBR.org Blog Network, Roger Martin, Dean of the Rotman School of Management at the University of Toronto in Canada, reveals that an executive on the verge of promotion to head a large global company recently approached him for advice on how to be effective as a new CEO. Martin offered the executive five recommendations.
You might want your organisation to be thought of as innovative, but simply asking your employees to think outside of the box won’t produce game-changing ideas, notes Lisa Bodell, writing for InnovationManagement.se.
Good writing skills can enrich anyone’s life, but are particularly important for entrepreneurs, according to Josh Steimle, writing for Forbes.com.
Writing for Entrepreneur.com, Martin Zwilling observes that many entrepreneurs believe their business idea will carry their startup, while most investors think that the idea is worthless without the right execution. This, he insists, means that selling yourself is more important than selling your idea.
Companies such as Facebook, Google, Cisco and IBM not only offer shining examples of innovation – they are also models for strong corporate culture, writes Kispert for Chiefexecutive.net.
According to Randy Komisar, writing for the HBR.org Blog Network, most of the time the best thing a manager can do is to get out of the way of the people actually doing the work. This is the principle behind what he calls “Minimally Invasive Management”.