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management Resources

Leadership Thought #426 – What Are Your Principles?

What do you stand for? This is a question all leaders should able to answer fairly easily but most struggle with addressing. I’ve been in many organizations where if you asked the question, “What does this business stand for,” you would get blank stares. Values are the building blocks of any organization. Without a common set of beliefs and principles, a company is like a ship without a rudder – adrift in a sea of individual interpretation and situational experience. It has never been just about making money but how you make your money that matters the most. And, the how involves many issues such as the way you treat your customers, employees, vendors, the environment, etc.

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Leadership Thought #416 – Have a Plan B

It is rare that things work out exactly as planned. We often attempt something with the best of intentions and then run smack into a reality not as accommodating as we’d like it to be. In all decision making or negotiation situations it’s advisable to have a plan B that allows you to adjust for shifting circumstances or differing points of view. We often don’t get everything we want, but to paraphrase the Rolling Stones if we are smart about it, “we just might find we get what we need.” It’s very important to be able to prioritize your objectives and know where you have some room for movement. In fact, it’s critical to build flexibility into your response strategy.

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Leadership Thought #401 – Your Pride Can Get You In Trouble

Imagine if someone was rushed to the Emergency Room of a hospital with severe symptoms of something wrong and then decided to tell the doctor that that it was no big deal and then selectively shared information about their true physical state. You would think this person was being irresponsible with their health. This happens all the time in business. Leaders let their pride and ego get in the way and it prevents them form being forthright and honest at the very time they need to be. I’ve seen many a business go down the tubes that didn’t have to because the leader was slow to act, slow to ask for help and unwilling to face reality. Avoidance rarely works in business or life.

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    Recommended Reading

  • The Slight Edge

    Jeff Olson

    Book SummaryView the Book

    Why is it that some people make dream after dream come true, while others just continue dreaming and spend their lives building dreams for someone else? One simple reason, those that are “successful” have found their SLIGHT EDGE! This book is not just another self-help, motivation tool of methods you must learn in order to […]

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  • 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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    Favorite Articles

  • Four Pillars of Decision-driven Analytics

    In a new book titled Decision-Driven Analytics: Leveraging Human Intelligence to Unlock the Power of Data, professors and behavioral scientists Bart De Langhe and Stefano Puntoni challenge the idea that our decisions should be driven by data. Rather, they argue that the power of data can only be realized by putting data in the background. In this excerpt from their book, […]

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  • 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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    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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