A good business book jolts our mind, teaching us something we didn’t know or weren’t sure would work. Ideally, it flows smoothly, the concepts easy to grasp, illuminated and solidified by enticing examples. By that score, two books stand out from the pack I have been through this year: Fewer, Bigger, Bolder and How Google Works. Each challenges us to change. Each is eminently practical. Each presents notions that have worked effectively. And each is a charming read. In a year of many meritorious books, those were at the top of my 2014 list of best management books:
Before we go on to unveil the future trends, let’s have a look at what was happening on the leadership training scene this year. Among the most innovative leadership strategies being taught all over the world was the so-called “endogenous resourcing”, standing for the myriad techniques for unlocking employees’ hidden potential.
Apart from this trend, we saw the rise of management policies that foster sustainability and a slow transition from the autocratic, control-and-command management style to its more democratic variety – both demonstrating how the human side of business has become a growing factor in the success of leadership as employed by many global brands.
Having examined the present, let’s now direct our gaze to the future – here are 6 innovative leadership development practices that we will see spreading in the upcoming year.
Our conventional wisdom about millennials is often proven false when we look at the research. While millennials get a reputation in the media for being lazy or noncommittal, research from Modern Survey shows that Gen Y is actually the most enga [...]
Imagine it’s your first day on the job as chief operating officer of a global manufacturing company in a foreign country. You don’t speak the language, you don’t know where the company’s plants are located, and you don’t even know how to make a phone call. That’s what it was like for Carlos Ghosn when he took over at Japan’s then-floundering Nissan Motor Corp. in 1999. The cultural challenges would have been difficult enough, but Nissan was then some $20 billion in debt after 27 years of declining market share.
One of two things is going to happen when a newcomer joins your team. They're going to see right away how to plug into their own power source on the job and feel great about coming to work, or they're not. When you make it easy for a person to learn, [...]
Over a 10 year period from 1991 to 2001 my firm made over 400 presentations to groups of CEOs at emerging and entrepreneurial companies. The presentations were largely the same. All focused on how to select people to grow the company.
One big idea was to map the types of people the company was hiring to its business strategy. The other point, while not as grand, was more important: If hiring top talent is important to your company's growth make this the primary measure of how you reward and promote your hiring managers. Although 90% of the CEOs believed in the concept, few did anything to make this part of their company's culture.
The problem with self-doubt is that the fear it creates stops us from living the lives we most want and changing the things we don’t. How? Fear keeps us living small and stuck in jobs that don’t fulfill us but feel safe. But is there really anything safe about living a life where you feel disengaged, disillusioned or desperate to be doing something else? of course not. The truth is that who you are is not your doubts. The key to banishing them isn’t to wish them away, but to take action in their presence.
It’s easy to mislead ourselves into thinking that if we just had the success we wanted, then we’d never doubt ourselves again and ooze the confidence we see in others. But it actually works in reverse.
Human resource managers are currently embracing talent analytics like never before. Companies are evaluating and analysing raw data to derive valuable insights which are helping them to hire the right talent, retain them as well as help them learn and grow internally.
Talent analytics takes into account all the data, rather than limited samples, so a full-fledged picture emerges. It looks for patterns in the data and discovers critical connections that might otherwise go unnoticed. Such data can be related to employees' pre-employment assessments to background checks to social media profiles.
Chris Cancialosi discusses how company culture can be your greatest selling point or biggest hindrance with Fred Virgin, former SVP of HR at GE, and Carolyn D’Anna, Co-Chief Human Resources Officer at CohnReznick.
Some of these productivity hacks may seem a little silly at first, but we've got the stats to back them up. By enacting any number of them you should see your daily grind becoming more and more efficient.
Rumblings of discontent about executive wages, the 1%, and wealth gaps know no borders. And neither does fierce debate about income inequality in general. But until now, it’s been relatively unclear how much people think CEOs should really make compared to other workers on a global scale.
In their recent research, scheduled to be published in a forthcoming issue Perspectives on Psychological Science, Chulalongkorn University’s Sorapop Kiatpongsan and Harvard Business School’s Michael Norton investigate “what size gaps people desire” and whether those gaps are at all consistent among people from different countries and backgrounds.