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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.


New Leadership
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Are You a New Age CEO?

Are You a New Age CEO? | New Leadership | Scoop.it
Management expert Ram Charan explains what leaders need to thrive in uncertainty.
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8 Steps to Turn Around an Underperforming Employee

8 Steps to Turn Around an Underperforming Employee | New Leadership | Scoop.it
Before you fire them, try these simple techniques for getting struggling employees back on track.
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5 Types of Toxic Employees (And How to Deal With Them)

5 Types of Toxic Employees (And How to Deal With Them) | New Leadership | Scoop.it

We’ve all known them – bad employees that are either out to ruin your day, or the company. These creepy-crawlers lurk around, spreading their infectious toxins everywhere they go putting a serious strain on employee morale and overall company culture. Not only are they expensive, demoralizing, and infuriating, toxic employees can bring teamwork to a grinding halt, jeopardize goals, and potentially become and enormous liability for your company!


So how can you diagnose these troublemakers, and what can be done about them? Check out this infographic, which examines the types of toxic employees which could be derailing your business.

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3 Lessons On How To Promote Successful Collaborations

3 lessons on how leaders can provide an organizational environment that supports effective collaboration among their employees.
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Are you ready for 3-D printing? | McKinsey & Company

Are you ready for 3-D printing? | McKinsey & Company | New Leadership | Scoop.it
There have been false dawns before, but this technology is poised to deliver cost benefits and to advance innovation in manufacturing. A McKinsey Quarterly article.
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How I Made my Business Meetings More Productive in 3 Simple Steps

How I Made my Business Meetings More Productive in 3 Simple Steps | New Leadership | Scoop.it

I am a small business owner and just like many other people in my situation I struggle with the same everyday problems. One of the worst problems I had to deal with were the business meetings me and my team used to have. I thought that these meetings are essential to an organization so we used to hold them regularly, often without good reason. I’m saying this is one of the worst problems I had to deal with because I didn’t know it was a problem until it was almost too late. Here’s what I did to solve it:

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The Power of Making Things Visible

The Power of Making Things Visible | New Leadership | Scoop.it
One of the central tenets of traditional management philosophy is that information should be controlled. Secret formulas and key strategic moves, for example, are obviously not to be shared with competitors. Even internally, to avoid the risk of leaks or misinterpretation, information has been traditionally been doled out only on a “need to know” basis.


Unfortunately, this approach does not work well in today’s fast-paced, innovation-focused environment.

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How To Spot Future Leaders

How To Spot Future Leaders | New Leadership | Scoop.it
If you're looking for the next generation of leaders, seek out these seven types.

Via Stepped Leader
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When Strategy and Values Collide

When Strategy and Values Collide | New Leadership | Scoop.it
Family-owned companies have entrenched cultures and values. Outsiders are needed to balance such firms, but they must tread very carefully.
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Trust is a Relationship (Not a Commodity)

Trust is a Relationship (Not a Commodity) | New Leadership | Scoop.it

There is a better way of thinking about trust that leads to more positive leadership outcomes.


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donhornsby's curator insight, February 20, 9:59 AM

Trust is reciprocal, requiring relationship. It is something that must be built over time for mutual benefit, not just the leader’s benefit.

Taciana Mello's curator insight, February 21, 7:48 PM

Indeed...and as such, willingness to take risks, reciprocity and transparency are key.

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You Might Be the Reason Your Employees Aren’t Changing

You Might Be the Reason Your Employees Aren’t  Changing | New Leadership | Scoop.it

“We all need a coach. Research we conducted at VitalSmarts shows that 97% of employees readily admit to having a “career-limiting habit” — some behavior that will forever hold them back, unless they can learn to change it.”


Via Richard Andrews
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John Michel's curator insight, February 21, 10:29 AM

We all need a coach. Research we conducted at VitalSmarts shows that 97% of employees readily admitto having a “career-limiting habit” — some behavior that will forever hold them back, unless they can learn to change it.

Jerry Busone's curator insight, February 22, 8:05 AM

Want to answer the questions  How do I get someone to...? or How can I influence people to be open to  ....? SIMPLE GET THEM TO TRUST YOU

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How Bad Leaders Create Great Companies - Fox Business

How Bad Leaders Create Great Companies - Fox Business | New Leadership | Scoop.it
Today’s popular leadership doctrine is all nonsense.

Via Roy Sheneman, PhD
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Roy Sheneman, PhD's curator insight, February 19, 8:49 AM

Sometimes it is useful to take a contrarian point of view....it helps keep one intellectually agile.

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3 Leadership Secrets from Richard BransonSwitch & Shift

3 Leadership Secrets from Richard BransonSwitch & Shift | New Leadership | Scoop.it
“Tie-loathing adventurer and thrill seeker, who believes in turning ideas into reality. Otherwise known as Dr Yes at Virgin!”

This is the quote that you will find on every one of Sir Richard Branson’s social profiles. As the CEO of Virgin and billionaire founder of over 400 companies, Richard Branson is one of the most accomplished entrepreneurs in history. Yet these two sentences are all you’ll find in his “job description” on LinkedIn.


Why not billionaire British magnate, CEO of the Virgin Group that generates $25 billion in annual revenue and has 50,000+ employees in 50 countries? What kind of corporate leader would choose just these short words to represent him in the business world?

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Leadership as the Search for Greater Coherence

Leadership as the Search for Greater Coherence | New Leadership | Scoop.it
Literature around leadership is not hard to come by, but there are few texts that examine the process of leadership from where it begins – in the leader’s mind. Below, Nathan Harter analyses how great leaders have embraced the often complex multiplicity of their decisions and so brought coherence to their leadership.


Leadership scholars the world over have bent themselves to conducting empirical studies on how leaders lead. They dig through the historical record for examples from the past, such as Nelson Mandela or Steve Jobs, and they analyse famous leaders in the present, in many domains such as politics and business. They also conduct experiments using social scientific methods to find out what actually happens. This descriptive literature on leadership is growing.

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How to Coach, According to 5 Great Sports Coaches

How to Coach, According to 5 Great Sports Coaches | New Leadership | Scoop.it
Advice from Sir Alex Ferguson, Bill Parcels, Bill Walsh, Joe Girardi, and Bela Karolyi.
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Use Your Staff Meeting for Peer-to-Peer Coaching

Use Your Staff Meeting for Peer-to-Peer Coaching | New Leadership | Scoop.it

One of the unintended consequences of the constant right-sizing and flattening of our organizations is that we now live in a world where managers just don’t have time to do all that’s required of them in their daily jobs, let alone find time for coaching their employees.

 

Yet coaching is a critical job for any manager who wants to improve her team’s performance. Research shows that training alone can improve performance by 22%, while training accompanied by coaching (that is, collaborative problem solving, feedback, and evaluation) can improve performance by 88%.


So what are time-constrained leaders to do?

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Jerry Busone's curator insight, February 26, 7:56 AM

Move your meetings to collaborations, 360 discussions, and accountability can catch your people when don't have the time

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5 Visionary CEOs and Their Key Traits That Every Leader Should Master

5 Visionary CEOs and Their Key Traits That Every Leader Should Master | New Leadership | Scoop.it
You may believe that the leaders you admire are smarter, luckier or more creative than you, but the attributes that make them wildly successful can be honed over time.

Via Anne Leong, Roy Sheneman, PhD
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Roy Sheneman, PhD's curator insight, February 25, 10:09 AM

Always a good idea to copy the habits of successful people.

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It’s Time to Democratize Change Management

It’s Time to Democratize Change Management | New Leadership | Scoop.it
There was a time – not so long ago – when the need for Change in our organizations only came every now and then. The truth is that one could see it (the Change) coming, one could adapt to it, one had the time to tweak one’s model to remain competitive.


But that time is over and that is why at Challengera, we have embarked on a mission to democratize Change Management. Let us now go through the whys and the hows.

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Are You a Great Coach in the Office? - Huffington Post

Are You a Great Coach in the Office? - Huffington Post | New Leadership | Scoop.it
“More and more businesses are realizing that management is more than task-based directive behavior.”
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Seven Easy Steps to Create a Small Business Marketing Plan

Seven Easy Steps to Create a Small Business Marketing Plan | New Leadership | Scoop.it

Via Daniel Watson
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James Cracknell's curator insight, February 24, 4:33 AM

Number 8 is always have a process for thanking your customers which is both unexpected and relevant

John Norman's curator insight, February 24, 4:36 AM

This provides 7 common sense steps but I would be interested to know how many will actually do step #1 and evaluate their results to date.Remember the old adage : If you cannot measure it then how are you going to manage it. In project management terms you need to set the base line in order to get a realistic view of progress and hence your ROI on your hard earned marketing dollars. Get step 1 right and the rest will be of immense value to your business.

 

Jocelyn Harris's curator insight, February 26, 11:24 PM

It's important to consistently generate brand awareness for your business - check out this guide to a marketing plan!

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What China’s “New Normal” Means for Leaders

What China’s “New Normal” Means for Leaders | New Leadership | Scoop.it
Slowing economic growth and the changing shape of leadership and management in China.
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How to Lead in Ambiguous Times

How to Lead in Ambiguous Times | New Leadership | Scoop.it
Stability, resilience, and relationships are the keys to thriving amid geopolitical crises.

Via Tony Brugman (Bright & Company)
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Tony Brugman (Bright & Company)'s curator insight, February 20, 4:45 PM

Good leadership article strategy+business on leading in times of high turbulence and great uncertainty. According to the authors "sustaining a business in uncertain times requires executives to prioritize stability, resilience, and relationship management." Plus it requires stewardship from the sideline.



Jerry Busone's curator insight, February 22, 8:06 AM

Hot topic leading in the the VUCA world? 

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How Great Coaches Ask, Listen, and Empathize

How Great Coaches Ask, Listen, and Empathize | New Leadership | Scoop.it

Historically, leaders achieved their position by virtue of experience on the job and in-depth knowledge. They were expected to have answers and to readily provide them when employees were unsure about what to do or how to do it. The leader was the person who knew the most, and that was the basis of their authority.

Leaders today still have to understand their business thoroughly, but it’s unrealistic and ill-advised to expect them to have all the answers. Organizations are simply too complex for leaders to govern on that basis. One way for leaders to adjust to this shift is to adopt a new role: that of coach. By using coaching methods and techniques in the right situations, leaders can still be effective without knowing all the answers and without telling employees what to do.

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donhornsby's curator insight, February 20, 8:27 AM

(From the article): When you coach as a leader you don’t need to be the expert. You don’t need to be the smartest or most experienced person in the room. And you don’t need to have all the solutions. But you do need to be able to connect with people, to inspire them to do their best, and to help them search inside and discover their own answers.

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Is Your Leadership Style Right for the Digital Age?

Is Your Leadership Style Right for the Digital Age? | New Leadership | Scoop.it

Advancement in digital technologies has disrupted everything, including leadership styles.


Employees want more ownership rather than to follow instruction; customers want to participate in the marketing and development process; and leaders are finding that open and agile organizations are able to maneuver more effectively than organizations where all insight and direction comes from the top. In short, the autocratic Commander, whether brilliant or misguided, just won’t cut it anymore.




Via Kenneth Mikkelsen
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Becky Willmoth's curator insight, February 20, 6:08 AM

Within this article four leadership styles are discussed, with a place advocated for each. However in the digital age, the co-creator is the most desirable and rarest of the leadership styles described. Desirable as she or he generates more innovation, growth and profit. Rare as the capabilities required of this leader are complex and borne of authenticity and trust, with a preference for eco, rather than ego, systems.


To support the evolution of the co-creator, leadership development approaches should enable leaders to create broad and diverse networks, encourage them to bridge (or remove) boundaries, offer a space to relinquish control and the desire to create shared value. 

june holley's curator insight, February 20, 7:10 AM

Even though this is directed at businesses, it shows how we are moving to a network age where people want to be part of engaged networks. How do we shift our ideas about leadership to support this larger shift?. 

Shannon Banks's curator insight, February 22, 5:29 PM

Top-down leadership is no longer viable in the digital age. This article gives great context for technological reasons behind this shift.