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10 Complacency Traps for Business Owners

10 Complacency Traps for Business Owners | New Leadership | Scoop.it

Given the known failure rate of start-up businesses, all business owners who go down this path, need to be well aware of the traps that lie in wait for them.

 

Complacency and lack of foresight are common features in the make up of business owners, who did not succeed to make a good go of their start-up ventures, and addressing these two areas will help any new business owner avoid failure.

 

This excellent article, suggests that forewarned is forearmed, and it suggests 10 mistakes that every start-up should avoid making if they want to build a successful business.


Via Daniel Watson, David Hain
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Daniel Watson's curator insight, November 29, 2012 6:37 PM


Given the known failure rate of start-up businesses, all business owners who go down this path, need to be well aware of the traps that lie in wait for them.


Complacency and lack of foresight are common features in the make up of business owners, who did not succeed to make a good go of their start-up ventures, and addressing these two areas will help any new business owner avoid failure.


This excellent article, suggests that forewarned is forearmed, and it suggests 10 mistakes that every start-up should avoid making if they want to build a successful business.


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Want to Change Employee or Customer Behavior? Learn from Behavioral Economics...

Want to Change Employee or Customer Behavior? Learn from Behavioral Economics... | New Leadership | Scoop.it

Across industries, organizations can greatly benefit from making tiny changes in their processes to take into account how employees and customers really behave — including not liking being told what to do. Research shows that even some small tweaks can have a big impact.


Via Kenneth Mikkelsen
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Kenneth Mikkelsen's curator insight, September 19, 3:45 PM

References in this blog post to Cass Sunstein and Richard Thaler's book: Nudge: Improving Decisions about Health, Wealth, and Happiness.


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Leading Transformational Strategy - Next Practices

Leading Transformational Strategy - Next Practices | New Leadership | Scoop.it

Some strategies require transformational change. These strategies are usually required when companies are either in deep trouble or pursuing significant and new market opportunities. All strategies require the support and active involvement of the senior leaders but transformational strategies raise the bar for the leadership required to succeed. 


Via Kenneth Mikkelsen
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Kenneth Mikkelsen's curator insight, September 19, 3:19 PM

This blog post offers some inspirational insights from leaders leaders who have pursued and successfully executed transformational strategies.


Learn more about: 


How did they do it? What did they do to succeed when so many others have failed? What was their mindset, how did they think about executing transformational strategy and what actions did they take to ensure success? 


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The Thought Leadership Funnel

The Thought Leadership Funnel | New Leadership | Scoop.it

In an article by niche marketer Bruce Mayhew entitled Niche Marketing: Inverting the Sales Funnel, Mayhew proposed that businesses were wasting precious resources following the traditional sales funnel.In an attempt to reach the largest audience possible, marketers would usually point their efforts to as many people as possible regardless of their inherent relationship with your brand or their interest in your products.


But according to Mayhew, “If you invert the sales funnel and concentrate on selling to fewer people who you know are very likely to need or want your product or service, you’ll spend less time and fewer resources to close the deal.”

 

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The Future Of Work And The Role Of Leadership

The Future Of Work And The Role Of Leadership | New Leadership | Scoop.it
Find out how leadership can be a part of the human potential movement and increase productivity in the future of work.

Via Bill Palladino - MLUI, Roy Sheneman, PhD
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Bill Palladino - MLUI's curator insight, January 24, 10:51 AM

“Before you are a leader, success is all about growing yourself. When you become a leader, success is all about growing others.” — Jack Welch, Former CEO of General Electric

Efficienarta's curator insight, January 29, 3:47 AM

This paragraph particularly resonates with my experience: "Through cultivating skills and providing opportunities, leadership can be a part of the human potential movement and ultimately increase productivity by managing skills and creating a more pleasant workplace through individual appreciation and positive reinforcement."

Efficienarta's curator insight, February 3, 3:51 AM

From Command and Control to Illiminate and Imbue? 

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Can You Have Too Much Passion For Your Job?

Can You Have Too Much Passion For Your Job? | New Leadership | Scoop.it

We are told that being passionate about our work is important for success, but can too much passion get in the way?

 

We can define passion in the workplace as caring, an intense desire for seeing success. There is a focused energy that goes along with passion that can be infectious. But when combined with an inability to lead, or understand how to communicate with others, then passion translates into something else.

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The Shifting Workplace - Keeping Managers Out of Control

The Shifting Workplace - Keeping Managers Out of Control | New Leadership | Scoop.it

The industrial mindset that believes employees can easily be replaced with another “body” is dead. It is not easy to find talent today. It’s not simply because talent is tough to find. More talented people are electing to hang their own shingle rather than work for someone else. The result is a talent pool that is smaller than the needs of business. It takes more than savvy managers to navigate this rapidly shifting business issue. CEO David Hassell writes about mindset shifts that can help leaders take a modern, realistic approach to attract and keep talent in today’s dynamic labor market.

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6 Ways Being Mindful Can Make You a Better Leader, by Bruna Martinuzzi

6 Ways Being Mindful Can Make You a Better Leader, by Bruna Martinuzzi | New Leadership | Scoop.it
As Jon Kabat-Zinn puts it, mindfulness "wakes us up to the fact that our lives unfold only in moments." If we're not fully present for those moments, we may miss what's most valuable in our lives, both personally and professionally. Simply put, mindfulness is about not living in your head all the time and is about paying attention to where you are, what you're doing, or who you're talking to so that you are in touch with the right here, right now. Research shows that mindfulness reduces stress and increases concentration and clarity. Read on for five simple ways to practice mindfulness to improve your personal and professional life.
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Manager and machine: The new leadership equation

Manager and machine: The new leadership equation | New Leadership | Scoop.it
As artificial intelligence takes hold, what will it take to be an effective executive? A McKinsey Quarterly article.
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Credibility Is the Foundation Of #Leadership

Credibility Is the Foundation Of #Leadership | New Leadership | Scoop.it

People are exceedingly clear about the qualities they expect leaders to demonstrate before they will enlist in a common cause and freely commit to action.


Via Fernanda Grimaldi, Ricard Lloria, donhornsby
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donhornsby's curator insight, September 16, 4:38 PM

(From the article) So what do you have to do to earn and sustain credibility with your constituents? From our analysis of the case studies and empirical data, we identified Six Disciplines of Credibility. 

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5 Questions to Create a Compelling Purpose for Change

5 Questions to Create a Compelling Purpose for Change | New Leadership | Scoop.it

If your change process lacks purpose, you are lost. You won’t know where you are going and you may not even know how to get there. If your purpose lacks meaning, you end up disengaging the very people you need to engage

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Five Trends Shaping the Future of Work - Brian Solis

Five Trends Shaping the Future of Work - Brian Solis | New Leadership | Scoop.it

Via Marylene Delbourg-Delphis
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The Evolution Of The Employee

The Evolution Of The Employee | New Leadership | Scoop.it

This concept and the visual was taken from my new book which came out today called, The Future of Work: Attract New Talent, Build Better Leaders, and Create a Competitive Organization.

 

One of the things I have been writing about and have tried to make clear over the past few months is that work as we know it is dead and that the only way forward is to challenge convention around how we work, how we lead, and how we build our companies. Employees which were once thought of expendable cogs are the most valuable asset that any organization has. However, the employee from a decade ago isn’t the same as the employee who we are starting to see today. To help show that I wanted to share an image from my upcoming book which depicts how employees are evolving. It’s an easy way to see the past vs the future.

 


Via Vicki Kossoff @ The Learning Factor, Jose Luis Anzizar, Lori Williams, Amy Melendez, Roy Sheneman, PhD, Wise Leader™
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Tom Hood's curator insight, September 6, 8:27 AM

Nice graphic that captures the essence of how work and the employee is changing / needing to change. It is very close to an exercise we did with our team as we prepared for our move and our "workplace" consultants (Avance') had our entire team map how work was, how it is now, and where they see it going... Here are some of the key areas:

 

From individual work to group work

From hierarchy to flat structure

From Independent group to interdependent group

From internally focused to external (customer/member and brand)

From planned connections to spontaneous connections

From single work point to multiple workpoints

From structured to fluid

 

This also reinforces our approach to what we are calling the "shift change" and how the interplay of technology, workplace, leadership, learning, and culture are all in need of intentional thoughtful planning to get the most out of the new world we are facing...

Miklos Szilagyi's curator insight, September 18, 3:35 AM

Wow, like it...:-)))

Hélène Introvigne's curator insight, September 18, 2:39 PM

the future of work !

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Overlook culture at your peril

Overlook culture at your peril | New Leadership | Scoop.it

With General Motor’s culture failings fresh in memory, it’s certainly relevant for everyone to take culture very seriously.

 

As you may know, GM’s CEO was recently called in front of the US congress to answer questions following several deaths and accidents due to faulty car ignitions. The culture was identified as a root cause where people within the organization seem to have been aware of the issues but not done anything about them. After the financial bailout that GM received in 2009, the company had started a culture overhaul programme that does not yet seem to have achieved the desired outcomes. Cultural change does take time though and GM seems to be recognizing the importance of culture, but has not yet come far enough in its efforts.

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The Way We Work is Evolving: Are You Ready?

The Way We Work is Evolving: Are You Ready? | New Leadership | Scoop.it
Elizabeth Stincelli

Via AlGonzalezinfo
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AlGonzalezinfo's curator insight, September 19, 6:29 PM

Timely and relevant post here from from Elizabeth Stincelli,  @infinitestin.  I completely agree with her, especially on the following statement: 


The evolution of work utilizes these social avenues to promote organizations, monitor public opinion, and stay connected to customers and colleagues. You must learn to be conscious of the impact your posts, status changes, pictures, likes, and shares have both personally and professionally. If you are going to be responsible for steering your own career path, you have to care about your digital footprint and your personal brand.


Check out the rest of the post at:  

http://lizstincelli.wordpress.com/2014/09/18/the-way-we-work-is-evolving-are-you-ready/

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Is Integrity the Secret to Great Leadership?

Is Integrity the Secret to Great Leadership? | New Leadership | Scoop.it

The actions of a business are its value statement. Actions speak volumes about what really matters most – not what should matter, not what we wish mattered, but what really does matter to us. They swamp mission statements, speeches or memos, and they eclipse intentions.

 

Having the kind of integrity that leaves no room between what we say and what we do is really hard work. It’s much easier to follow the words of JR Ewing of the TV series Dallas, who said: “Once you lose your integrity, everything’s easy.” Lots of people have chosen this path. Others find it to be too much work to align their decisions and actions with what they claim as priorities.

 


Via Kenneth Mikkelsen
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Kenneth Mikkelsen's curator insight, September 19, 3:24 PM

Many are simply out of touch, preferring to believe that their intentions – rather than their actions – are their priorities. This is because intentions usually sound better and are loftier; and unfortunately, when we take a hard look at our actions, we may not like what we see.

Amy Melendez's curator insight, Today, 1:21 AM

From the article:

If you’re leading a team or a company, if you’re part of a family or teaching a class, your only lasting message will be what you do, not what you say.

Chris Shern's curator insight, Today, 7:21 AM

It all basically starts with how you lead yourself and how you choose to lead your life.

 

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Personal Ethics and Successful Leadership

Personal Ethics and Successful Leadership | New Leadership | Scoop.it

Ethics, as a general understanding, is a set of principles to be followed as an individual. Most of the organizations will have ethics as part of their core values, in one form or the other. But how different is ethics for a person and for a leader? How many of us have walked the thin line between what is right and wrong in our work?

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The Francis focus on leadership - "..the leader’s ability to impart to fellow workers self-discipline, courage and ethical approach"

The Francis focus on leadership - "..the leader’s ability to impart to fellow workers self-discipline, courage and ethical approach" | New Leadership | Scoop.it
How to use the ‘dispersed leadership’ concept

Via Anne Leong, Wise Leader™
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How to Cut Through Fake Talk to Increase Employee Engagement

How to Cut Through Fake Talk to Increase Employee Engagement | New Leadership | Scoop.it

Recent research on engagement shows that high engagement drives financial results. Additionally, the notion of engagement has come to encompass more than just the people skills of a manager.  Employees are engaged by an ever increasing number of factors that serve to attract and retain quality performers.

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How to Bring Sustainable Change to Your Organizational Culture

How to Bring Sustainable Change to Your Organizational Culture | New Leadership | Scoop.it

It’s like being lost in the wilderness if you initiate any major change effort in your organization without specifically knowing how cultures effectively evolve or change. It’s one of the greatest leadership challenges, but few truly understand how cultures evolve.

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Ivon Prefontaine's curator insight, September 17, 11:24 AM

Change is a static word. We want the change we create to be sustainable. In our world, we want change which is mastered and manageable. Is that what we really want?

 

I found that School change was often window dressing. The change was simply the latest fad, technique, tool, etc. It did not mean much, but sustained an outdated status quo.

 

@ivon_ehd1

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Leadership In The Age Of Complexity: From Hero To Host, by Margaret Wheatley and Deborah Frieze

Leadership In The Age Of Complexity: From Hero To Host, by Margaret Wheatley and Deborah Frieze | New Leadership | Scoop.it
For too long, too many of us have been entranced by heroes. Perhaps it's our desire to not have to do the hard work, to rely on someone else to figure things out. But perhaps it's time for us to face the truth of our situation -- that we're all in this together, that we all have a voice -- and figure out how to mobilize the hearts and minds of everyone in our workplaces and communities.

Via Anne Leong, Wise Leader™, Roy Sheneman, PhD
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Ivon Prefontaine's curator insight, September 16, 11:10 AM

A great question is posed in the article. Why do we continue to hope for heroes to emerge? I would add, "Why do we settle for managers and false prophets?"

 

@ivon_ehd1

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Making decisions with integrity

Making decisions with integrity | New Leadership | Scoop.it
Robbie Steinhouse, author and founder of nlpschool.com, on how to make decisions with integrity
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Why Managers Still Matter

Why Managers Still Matter | New Leadership | Scoop.it

In today’s knowledge-based economy, managerial authority is supposedly in decline. But there is still a strong need for someone to define and implement the organizational rules of the game.

 

 


Via Kenneth Mikkelsen
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Kenneth Mikkelsen's curator insight, September 16, 4:49 PM

Managerial authority is essential when decisions are time-sensitive, knowledge is concentrated and decisions need to be coordinated.

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Tips for managing effectively

Tips for managing effectively | New Leadership | Scoop.it

In today’s highly competitive business environment, being an effective manager requires a diverse set of skills. As such, if you have just been appointed to a managerial position or are currently serving as a manager and want to improve in this capacity, you should read the following from Alice Harrison.

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4 Ways Yoga And Meditation Will Make You a Better Leader

4 Ways Yoga And Meditation Will Make You a Better Leader | New Leadership | Scoop.it
Like most things, practicing mindfulness takes dedication. But if leaders remain persistent, they will reap all the benefits of this practice.

Via carol k, Wise Leader™
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Successfully managing an ageing workforce

Successfully managing an ageing workforce | New Leadership | Scoop.it

The challenges of managing a workforce within the context of an ageing population are faced by all employers at a time when organisations are struggling to achieve “inter-generational fairness”. Two of the competing priorities are set out in the CIPD’s Manifesto for Work (July 2014): addressing youth unemployment through a variety of measures; and ensuring a pensions framework through which workers can build a sustainable retirement.

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