A very short book, very quick read. Some will like that, some will not. The information in it is good and legitimate, but I would like some more depth to it. It has good ideas on leadership styles, listening skills and motivation, but you can’t develop them much in just 30 pages or so. That is a shame because the book has potential, it is well-written and the material is interesting. But, good enough for recommendation.
Excerpted with permission of the publisher, Wiley, from The Facts of Business Life: What Every Successful Business Owner Knows that You Don’t by Bill McBean. Copyright 2012 by Bill McBean. All rights reserved. This book is available at all booksellers.
In 2011, the median weekly earnings for high school graduates was $638 while those with bachelor’s degrees made $1053. That same year, those with masters or doctoral degrees made $1263 and $1551 respectively.
Our nights turn into a time where we sometimes burn the candles at both ends, turning the stress of the day into an excuse to ease the pain with alcohol and drugs. While we worship the celebrities who died before their time, is that how we define success in life? Our obsession with money and material things makes us greedy and insecure of who we are and how others perceive us. Without our health, we can never truly achieve success. A leader needs to be strong, and we’re not just talking about a lean body or muscles here – your mind has to be healthy in order to persevere through the day and not only achieve the success you’re looking for, but to be able to enjoy it as well.
In another company, employees were concerned about changes in regulation and how the company was responding to up and coming competitors’ low cost approach to market. The C-suite believed that brand and legacy would carry them. Over time, price emerged as a more important driver. Senior management could have learned a lot by listening to informal conversation among employees in a relaxed setting.
Be friendly with all members of the team. Don’t play favorites, and work to get to know everyone on your team, from the star player to the slowest member on the JV squad. This will show that you care about everyone who makes the team so unique and strong.
The second characteristic is being able to communicate. Some leaders are great orators, but speaking well isn’t all that’s required of a leader. As we all know, there are lots of people who talk a great game but deliver nothing. Leaders who communicate well are those who not only share their thoughts with employees, but also let their strength and personal character show through in their communication, and empower those who work for them by defining the company’s goal and showing how to get there.
The 34th President of United States, Dwight.D.Eisenhower once said, “The supreme quality of leadership is unquestionably integrity. Without it, no real success is possible, no matter whether it is on a section gang, a football field, in an army, or in an office.” Honesty and integrity are two important ingredients which make a good leader. How can you expect your followers to be honest when you lack these qualities yourself? Leaders succeed when they stick to their values and core beliefs and without ethics, this will not be possible.
With rare skill, Polman has combined noble corporate with savvy management in his five years as CEO (UL). Of course, strong leadership also often goes hand in hand with bold ambition: Polman took a big risk by declaring his — to double the company’s size even while reducing its environmental footprint and increasing its positive social impact. He is pulling it off and energizing employees in the process.
You have to set a vision. That requires a clear sense of purpose, a clear sense of direction and a clear picture of the destination. You need to be able to explain in terms that people understand and support what you want to achieve, why you want to achieve it, how you will go about it and how everyone will know when you get there. That is what I have been trying to do with Diplomatic Excellence.
Simply put, proper rest keeps you alert, energized, and well balanced throughout the day. The moment we start skimming from our sleep, we rob ourselves of essential hormones and neurotransmitters we need to function well during our awake time.
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Invulnerability fallacy: Believing they can get away with doing what they want because they are too clever to get caught; even if they are caught, believing they will go unpunished because of their importance.
This type of leader Inspires creativity and teamwork as team members are encouraged by the bigger end-goal of what they’re working on day-to-day. Jobs is one of the examples, but many tech company CEOs fit into this type too. Startup CEOs often frame product decisions around “saving the world”, and this is where the vision is found.
And as a coach, you have to inspire action that will help execute that goal. Reinforce an honest and candid environment without taking information personally. Equally treat everyone like you would want to be treated.
The most effective leadership is not a single entity, or a single set of values or rules a person must have in order to lead people. There are multiple leadership styles each with their own benefits and rules. If you have learned the basic qualities of leadership, upgrade your leadership skills by identifying your leadership style and master it.
I feel like I’m a natural leader and cause my group mates often depend on me. I’m afraid that because they’ve gotten used to me being the leader, they think I should lead every time. What should I do?
Have you ever had a micro-managing boss? One of those managers who requires that everything in done is a strict, step-by-step process and constantly looks over your shoulder? Super annoying, right? According to Maxwell, managers like this may have the title but they aren’t leaders.
PS, this is wrong , how did u come to know that 83% indians feel positive about economy and 76 % think that their children wil be better off, this is not accceptable , 99% the pm lies about govt schemes , his MPs are involved in Drug trafficking , scandals, PM lies even about history , now thy are removing history lessons as Mughals ruled here earlier and most of the structures here are made by mughals and british. Your statistics are wrong, plz gt ur facts right
The old saying, “Rome was not built in a day,” applies here. Just because you open a business doesn’t mean you’re going to immediately start making money. It takes time to let people know who you are, so stay focused on achieving your short-term goals.
The mood of individual group members. Group members with leaders in a positive mood experience more positive mood than do group members with leaders in a negative mood. The leaders transmit their moods to other group members through the mechanism of emotional contagion. Mood contagion may be one of the psychological mechanisms by which charismatic leaders influence followers.
Kishore Mahbubani and Klaus Schwab name a few leaders who exemplify the qualities of great leadership. Five elements – heart, brain, muscle, nerve, and soul – are key for Schwab, while compassion, canniness, and courage as well as the ability to identify talent and understand complexity are essential for Mahbubani. They say extraordinary circumstances, like the ones we are facing, could give rise to “heroic leaders.”
There are a number of things that leaders can do to ensure that they are leading “with purpose”. The first is to make sure that you know what the overall organisational vision is or, if you’re in a senior role, that you have developed and disseminated a meaningful vision. Each leader will then need to think about how that vision can be made relevant to their team. Regular discussions about vision and values are important for people to see how their work fits in and contributes.
Not all education has to be formal. Apprenticeships and long-term training programs are also positively correlated with higher incomes. Obtaining a Certificate in your field can help to increase your salary.
A leader is a person who influences a group of people towards a specific result. It is not dependent on title or formal authority. (Elevos, paraphrased from Leaders, Bennis, and Leadership Presence, Halpern & Lubar.) Ogbonnia (2007) defines an effective leader “as an individual with the capacity to consistently succeed in a given condition and be viewed as meeting the expectations of an organization or society.” Leaders are recognized by their capacity for caring for others, clear communication, and a commitment to persist. An individual who is appointed to a managerial position has the right to command and enforce obedience by virtue of the authority of their position. However, she or he must possess adequate personal attributes to match this authority, because authority is only potentially available to him/her. In the absence of sufficient personal competence, a manager may be confronted by an emergent leader who can challenge her/his role in the organization and reduce it to that of a figurehead. However, only authority of position has the backing of formal sanctions. It follows that whoever wields personal influence and power can legitimize this only by gaining a formal position in the hierarchy, with commensurate authority. Leadership can be defined as one’s ability to get others to willingly follow. Every organization needs leaders at every level.
There are different styles of leadership and they can (nearly) all be good. The important thing is to be yourself: know your own personality so that you can be authentic in the way you engage with other people and the way you use your authority. Understand how you as an individual can best have positive impact and influence with others and try to understand how they perceive you. Always be clear in communicating your values, what you care about and what you stand for – through your behaviour as well as your words.
Lower self-confidence makes you work harder and prepare more. If you’re not convinced you’re going to nail your presentation next Monday, you’re likely to spend more time practicing and going over your numbers. This is a great habit.
• When you are leading your company into a “New Frontier,” because neither you nor your employees have been there before, mistakes, miscues, and inexperience add to the challenge, and your leadership is key to meeting that challenge.
Even more interesting, was that more than half of the people surveyed who agreed with the statement “I feel I can approach my manager with any type of question” were considered actively engaged in their work, showing that there might be a link between a manager being open and employee engagement.
Be confident. This step has nothing to do with actually knowing what you’re doing. As long as you’re confident, few people will ask questions. People assume things, and when you act as if you belong, they assume you do. Therefore, when you are confident, they will naturally assume you know what you are doing. This earns you trust, responsibility, and respect.
If you spend time with those who refuse to take responsibility for their life, always find excuses and blame others for the situation they are in, your average will go down, and with it your opportunity to succeed.