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Leadership Thought #335 – Navigating A Seasonal Business

Business is hard enough with encumbering it with seasonality issues. I’ve seen many talented and hard working small business owners struggle under the weight of non-seasonal business volume. It’s hard to staff properly, keep good people and manage your cash properly. If you’re not careful it can begin to feel like a “feast or famine” situation which over the years can start to wear you down. Of course there are many people who manage to navigate the “ups and downs” properly, but they are usually pretty disciplined about their business leadership actions. If you are in a seasonal business environment, I encourage you to consider the following:

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Leadership Thought #309 – It’s Not Supposed To Be So Hard

I see far too many leaders who view their role as a burden. While there will certainly be moments of hard work, leadership should not be excessively hard and there should be many more moments where it feels easy and you truly enjoy what you are doing. If you are getting minimal joy from your work and increasingly believe the rewards aren’t worth the effort, then you are doing something wrong. Of course, sometimes a situations isn’t salvageable but that is rare. More often than not, you are making it harder than it should be. The opportunity to lead others is a privilege and should be embraced accordingly.

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Leadership Thought #302 – Making Mistakes Is Critical To Your Success

Fear can be a destabilizing emotion in organizations. It limits risk taking, inhibits action and worst of all creates a cover your a** (CYA) mentality which results in countless hours of wasted energy. One the biggest fears we all grapple with is the fear of being wrong and/or making mistakes. Far too many employees would rather do nothing or rigorously defend the status quo instead of going out a limb and trying something new or different. As a result of these fears, most organizations are stuck in a survival mode because success almost always involves having courage and taking risks.

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    Recommended Reading

  • How To Be A Leader

    Martin Bjergegaard and Cosmina Popa

    Book SummaryView the Book

    This book is an insightful guide that delves into the essential aspects of leadership. The book emphasizes that leadership is not merely a position but a choice that individuals make in their everyday lives. The authors argue that leadership starts with personal development, self-awareness, and aligning one’s actions with their purpose. The book is divided […]

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  • Leading with Questions: How Leaders Discover Powerful Answers by Knowing How and What to Ask

    Michael J. Marquardt and Bob Tiede

    Book ReviewView the Book

    In this newly revised third edition of Leading with Questions, renowned global leadership consultants Michael Marquardt and Bob Tiede describe how to ask powerful questions that generate short-term and long-term results and success. They show you how effective leaders use questions to encourage participation and teamwork, foster creative thinking, empower others, create relationships with customers, and […]

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  • How To Be A Leader: An Ancient Guide To Wise Leadership

    Plutarch (translated by Jeffrey Beneker)

    Bryn Mawr Classical Review - Book ReviewView the Book

    The ancient biographer and essayist Plutarch thought deeply about the leadership qualities of the eminent Greeks and Romans he profiled in his famous―and massive―Lives, including politicians and generals such as Pericles, Alexander the Great, Julius Caesar, and Mark Antony. Luckily for us, Plutarch distilled what he learned about wise leadership in a handful of essays, […]

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    Favorite Articles

  • Are Your Individual Contributors Feeling Isolated?

    The autonomy that many knowledge workers have in the workplace can come with the drawback of professional and personal isolation. This can have a negative impact on projects that require collaboration and creativity. One way organizations can mitigate this is by creating a “lab setting” in which employees agree to regular meetings where they share […]

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  • Why Do Some People Succeed after Failing, While Others Continue to Flounder?

    In a new paper published in the 150th anniversary issue of Nature, Wang and colleagues developed a mathematical model to pinpoint what separates those who succeed from those who merely try, try again. Along with PhD student Yian Yin and postdoctoral researcher Yang Wang at CSSI, and James A. Evans of the University of Chicago, Wang found that […]

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  • The Five Competitive Forces That Shape Strategy

     In 1979, a young associate professor at Harvard Business School published his first article for HBR, “How Competitive Forces Shape Strategy.” In the years that followed, Michael Porter’s explication of the five forces that determine the long-run profitability of any industry has shaped a generation of academic research and business practice. In this article, Porter […]

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    Helpful Websites

  • Claude

    Claude.ai is a fascinating AI-powered tool that can help you generate human-like text based on the input you provide. Imagine having a super-smart writing assistant that can help you craft compelling content, summarize long documents, or even create entire articles for you! With its advanced language processing capabilities, Claude.ai can help you: Summarize long documents […]

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  • Groq

    Groq is an artificial intelligence (AI) company that specializes in developing and providing advanced AI-powered search and analytics solutions. Their technology is designed to help organizations quickly and accurately find relevant information within large datasets, making it easier to make informed decisions and drive business outcomes. Benefits: Scalability: Groq’s solutions can handle massive amounts of […]

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  • ITR Fed Watch

    Each week, ITR Economics CEO and Chief Economist Brian Beaulieu provides an update on the Federal Reserve Board’s latest actions. Our use of factual rather than emotional inputs is key to our data-driven approach to economic forecasting. Our vigilant watch for Federal Reserve decisions is part of this approach. Catch up on ITR Economics’ latest analysis of […]

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    Video Favorites

  • Virtuous Leadership Part 2: The Four Basic Virtues – Alex Havard

    Alex Havard explains the concept of “virtuous leadership.” In Part 2, he begins to describe the four basic virtues: prudence, courage, self-control, and justice.

  • The Importance of Character in Leadership | Jordan Peterson

    Here is a brief excerpt from a Jordan Peterson lecture on the importance of personal character in becoming a good (noble) leader and the weakness in a society formed when there are not enough examples of admirable leadership qualities.  He uses a few biblical examples.

  • Five Tips for Better One-on-One Meetings

    One-on-one meetings are among the best opportunities for relationship-building that we’re afforded at work. But when run badly, they can feel like an unproductive use of people’s time. Mistake No. 1: viewing these check-ins as another task list item to check off. With planning and forethought, you can take your one-on-one meetings to the next […]

    Reading Excerpts

  • A Sense of Urgency – John Kotter

    A Sense of Urgency – Book Excerpt (Click on this link for the Word document)   Chapter 1 – It All Starts With A Sense of Urgency …Go check, then you find people running, and they are stressed out. But this man (leader), and almost everyone else around him, is mistaking the enormous amount of […]

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  • The Truth About Leadership by James M. Kouzes and Barry Z. Posner

    The Truth About Leadership – Book Excerpts   The Truth About Leadership By James M. Kouzes and Barry Z. Posner Book Excerpts   Introduction – The Ten Truths The first truth is that you make a difference. It is the most fundamental truth of all. Before you can lead, you have to believe that you […]

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  • High Performance: Lessons From The Best on Becoming Your Best

    Please click on link to download a copy of this summary   SECTION 1 – HIGH-PERFORMANCE MINDSET  Lesson 1: Take Responsibility He (Albert Badura) speculated that when people don’t believe they have what it takes to complete a task successfully, they would see little point in making an initial effort. When these people did attempt […]

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