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Strategies for Managing Your Business
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What's the Difference Between Leadership and Management?

What's the Difference Between Leadership and Management? | Strategies for Managing Your Business | Scoop.it

Management and leadership practises were once just a subject for TV sitcoms – the Office's David Brent, a master of 'management speak', was celebrated as an example of all that is bad about bosses.


But recent scandals, such as those concerning the BBC, NHS and the banking sector, have forced the debate about management and leadership up the agenda. Employers and politicians alike are now asking how our public and private bodies should be organised – and how we can prepare the next generation of leaders.


Key to the problem is understanding the difference between management and leadership, says John Kotter, Konosuke Matsushita professor of leadership at Harvard University. He fears that too often, employers use the terms synonymously.


Via Vicki Kossoff @ The Learning Factor
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Vicki Kossoff @ The Learning Factor's curator insight, July 29, 2013 6:07 PM

While management and leadership are distinct concepts, there is a natural overlap between the skills they require. Rebecca Ratcliffe explores

Roy Sheneman, PhD's curator insight, July 30, 2013 8:41 AM

The turth is, we need both leaders and managers. One cannot exist without the other. Too often wwe look for ways to segregate ourselves along artificial lines. The key is to build bridges that unite and define, not barriers that divide and deminish. 

Enzo Guardino's curator insight, August 3, 2013 6:37 PM

Very interesting article by Rebecca Ratcliffe

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30 Outdated Leadership Practices Holding Your Company Back

30 Outdated Leadership Practices Holding Your Company Back | Strategies for Managing Your Business | Scoop.it
According to the American Society of Training and Development, U.S. businesses spend more than $170 Billion dollars annually on leadership-based curriculum. My question is this; to what end?
Trumans's insight:

Just have to agree with the New Paradigms in this article, especially the first one!

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Surprises Are the New Normal; Resilience Is the New Skill

Surprises Are the New Normal; Resilience Is the New Skill | Strategies for Managing Your Business | Scoop.it

The difference between winners and losers is how they handle losing. No one can completely avoid troubles and potential pitfalls are everywhere, so the real skill is the resilience to climb out of the hole and bounce back.


Via Kenneth Mikkelsen
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John Michel's curator insight, July 19, 2013 8:39 PM

For anyone who wants to get beyond adversity or start over rather than give up, America is the Land of Second Chances. According to Jon Huntsman, former US Ambassador to China, getting back on our feet is an American strength widely admired in China. And everywhere, rapid recovery from natural disasters is increasingly a key to a robust economy. Entrepreneurs and innovators must be willing to fail and try again. The point isn't to learn to fail, it is to learn to bounce back.

LETP's curator insight, July 28, 2013 11:34 PM

How can we teach our students to be resilient in this highly digitised world? 

Maureen Orey's curator insight, August 14, 2013 1:17 AM

A great thought leader really captures the essence of the importance of resilience!

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Happy workers better for business, and business owners are the happiest of the lot: Research

Happy workers better for business, and business owners are the happiest of the lot: Research | Strategies for Managing Your Business | Scoop.it
Work-life balance among Australian workers is waning but bosses and younger employees in small businesses are happiest, according to new research by flexible workplace services provider Regus.
Trumans's insight:

It seems like a statement of the obvious, but some employers just don't get it....

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Five Ways Leaders Help Others Belong, Not Just Fit In

Five Ways Leaders Help Others Belong, Not Just Fit In | Strategies for Managing Your Business | Scoop.it
There's a big difference between fitting in and belonging. In fact, fitting in can be one of the biggest barriers to belonging, says researcher and author Brené Brown. Fitting in is about assessing...

Via The People Development Network
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John Michel's curator insight, July 9, 2013 6:08 AM

Creating a sense of belonging for people requires that leaders be engaged. It means investing time and energy to understand what’s going on with their people, their hopes and dreams, their fears and insecurities. Fostering belonging is about humanizing the workplace and creating a safe space where people can be vulnerable, real and authentic.

Russ Bergeman's curator insight, July 9, 2013 11:07 AM

This is a great piece that describes the challenge that many organizations deal with on a daily basis – the difference between employees fitting in and truly belonging. The most productive employees, those who are engaged, feel a sense of belonging, not just fitting in.

 

Although leaders can play a role in developing a culture of engagement, it really starts with the hiring process. I am a major proponent of implementing a scientifically and validated assessment tool (e.g., ProfileXT) to help on-board the “right” people who will have a more natural fit within the organization.

 

It may seem relatively easy for people to “adapt” in order to execute in a job or career. But, eventually, this will catch up with employees and show up in their overall work performance. When an organization hires people who will culturally belong leaders have more time to concentrate on other high payoff activities.

 

To learn more about the ProfileXT and it use for on-boarding, promoting, team-building, etc., visit - http://theemployersedge.com/assessment or contact me – russ@theemployersedge.com.

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Workforce Guardian - Employee v Contractor: What You Need to Know

Workforce Guardian - Employee v Contractor: What You Need to Know | Strategies for Managing Your Business | Scoop.it

Employee v Contractor: What You Need to Know
More and more Australian business owners are finding out the hard way that their contractors are actually employees. Understanding the difference - and avoiding the consequences of getting it wrong - has never been more important. 

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The Morning Ritual: A Mindful Way to Jumpstart Your Day | Search Inside Yourself Leadership Institute

The Morning Ritual: A Mindful Way to Jumpstart Your Day | Search Inside Yourself Leadership Institute | Strategies for Managing Your Business | Scoop.it

What if you could jumpstart everyday with energy, vitality and mental clarity? Imagine showing up to work refreshed and revitalized, ready to take on the day, instead of feeling lethargic or sluggish. You can, with the morning ritual.

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Connect, Then Lead

Connect, Then Lead | Strategies for Managing Your Business | Scoop.it

Is it better to be loved or feared?

Niccolò Machiavelli pondered that timeless conundrum 500 years ago and hedged his bets. “It may be answered that one should wish to be both,” he acknowledged, “but because it is difficult to unite them in one person, it is much safer to be feared than loved.”

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Strategic planning key to improving small business sales and employment trends

Strategic planning key to improving small business sales and employment trends | Strategies for Managing Your Business | Scoop.it
More Australian small and medium businesses increased their employment and capital expenditure in the June quarter than in the previous quarter despite falling confidence, sales and profitability, the latest Sensis Business Index has found.
Trumans's insight:

Your Accountant is an ideal resource to assist you with your strategic plan. The great crew at Trumans can help you chart your course. www.trumans.com.au

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Changes to the Fair Work Act receive Assent!

Changes to the Fair Work Act receive Assent! | Strategies for Managing Your Business | Scoop.it
The controversial amendments to the Fair Work Act (“the Act”) received Royal Assent late last week presenting more challenges for employers and more red tape t…
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Why start-ups need to know their trademark rights

Why start-ups need to know their trademark rights | Strategies for Managing Your Business | Scoop.it
Intellectual property lawyers have called on small businesses to properly register their trademarks, after an American blogger claimed his brand was swiped by a global human resources firm.
Trumans's insight:

The last paragraph in this article is very pertineent: 
"Something to remember is that a business name registration is no guarantee you have a right to use the trademark," Buck adds. "You can get a business name registered, but without a trademark, you can still run into trouble."

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If you don’t create a culture at your company, a culture will create itself. And it won’t be good.

If you don’t create a culture at your company, a culture will create itself. And it won’t be good. | Strategies for Managing Your Business | Scoop.it

All the best companies share the characteristic of deeply transpersonal cultures. We are only made fully human by putting others before ourselves, a deeply affirming moral stance, grounded in social connection.


Via Kenneth Mikkelsen
Trumans's insight:

Very true. Having a great culture is becoming more important as a deciding factor when that next excellent hire is deliberating whether to join your firm or not!

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Jenny Ebermann's comment, June 27, 2013 2:03 PM
I could not agree more!
malek's curator insight, June 27, 2013 5:31 PM

Where the rubber hits the road

Mike Milazzo's curator insight, June 28, 2013 6:48 PM

right on

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The importance of a good accountant - Money in Business

The importance of a good accountant - Money in Business | Strategies for Managing Your Business | Scoop.it

Every small business owner needs a good adviser and many need help to stay on top of recordkeeping, which is where a good accountant can lend a hand.

Trumans's insight:

At Trumans we help you chart and then navigate both the rough times and the good times. Call us.  Our great crew are standing by to assist http://www.trumans.com.au

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Building a Stakeholder Engagement Strategy - Goal Setting

Building a Stakeholder Engagement Strategy - Goal Setting | Strategies for Managing Your Business | Scoop.it
Goal setting is a crucial step in any successful strategy. Goals allow you to narrow your vision to a realistic target, or a set of targets.

Via Blue Sky Change
Trumans's insight:

Need help with your business planning? Let the great crew at Trumans help you navigate through uncharted waters... www.trumans.com.au

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Telling vs. Teaching: Great Leaders Know the Difference

Telling vs. Teaching: Great Leaders Know the Difference | Strategies for Managing Your Business | Scoop.it
The best leaders spend five times more time teaching with questions than telling people what to do. What's your ratio?
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Engagement Encouraged at All Levels Ensures a Thriving Company

Engagement Encouraged at All Levels Ensures a Thriving Company | Strategies for Managing Your Business | Scoop.it

No matter how flat your organization is there will always be a vertical component. Front-line employees don’t have the same functional responsibilities as managers, who in turn don’t have the same functional responsibilities as executives. This is true in every organization, and it gives healthy boundaries as well as manages expectations.

These three groups – Executives, Managers, Individuals – have very different functional responsibilities and engagement fits very nicely into them. Just like you wouldn’t expect an individual to develop a 5-year strategy plan for the organization instead of an executive, there are aspects to engagement that should be assigned to the proper functional group.

If each of these groups assumes 3 areas of responsibility each to facilitate engagement, an organization will thrive.


Via David Hain
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John Michel's curator insight, July 20, 2013 9:12 AM

No matter how flat your organization is there will always be a vertical component. Front-line employees don’t have the same functional responsibilities as managers, who in turn don’t have the same functional responsibilities as executives. This is true in every organization, and it gives healthy boundaries as well as manages expectations.

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Mentor - The entrepreneur’s trust fund: Why building up your trust bank is so important

Mentor - The entrepreneur’s trust fund: Why building up your trust bank is so important | Strategies for Managing Your Business | Scoop.it
Trust lies at the core of any business relationship. Here are three partnership-building steps you can take to the bank.
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Tread carefully when choosing an adviser

SELECTING the right financial planner is similar to choosing any other professional, but there is one critical difference.

We typically only need professionals to solve one-off or intermittent problems. For example, the only contact you might have with a solicitor is when you review your will every few years.

But in the vast majority of cases most people want an ongoing relationship with their financial adviser with regular contact throughout the year.

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Motivating people: Getting beyond money | McKinsey & Company

Motivating people: Getting beyond money | McKinsey & Company | Strategies for Managing Your Business | Scoop.it
The economic slump offers business leaders a chance to more effectively reward talented employees by emphasizing nonfinancial motivators rather than bonuses. A McKinsey Quarterly article.
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Quick fixes for your business this new financial year | Dynamic Business

Quick fixes for your business this new financial year | Dynamic Business | Strategies for Managing Your Business | Scoop.it

As the new financial year gets underway, now is the perfect time to look at how you can run your business more effectively.

While you may think you’re running smoothly, there will always be something you could be doing better and ways you could be saving money.

Trumans's insight:

Need a new Accountant? At Trumans our great crew are here to help you chart your course. We will work with you through the rough times and the smooth, helping you navigate the way, It's plain sailing with Trumans.

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6 Must-Have Skills for Leading from the Middle | Center for Creative Leadership

6 Must-Have Skills for Leading from the Middle | Center for Creative Leadership | Strategies for Managing Your Business | Scoop.it

If you are a mid-to-senior level manager – a leader of managers - you lead in what CCL calls “the middle zone.” You operate up and down the organizational hierarchy, as well as across functions and silos. To achieve results, you must effectively manage people and processes.

Trumans's insight:

Some great advice here

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Exclusive: SME confidence in business conditions eclipses the big end of town

Exclusive: SME confidence in business conditions eclipses the big end of town | Strategies for Managing Your Business | Scoop.it
Businesses turning over less than $1.5 million a year are more confident about their economic prospects than larger enterprises, according to the latest TEC Confidence Indicator.
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How to Evaluate Your Own Emotional Intelligence

How to Evaluate Your Own Emotional Intelligence | Strategies for Managing Your Business | Scoop.it
‘What you need now is emotional intelligence,’ was what China’s new president told a graduating class last month at their top tech school.Now Bloomberg’s Businessweek tells us
Trumans's insight:

Here's a question: What's more important in your business leader - high EQ or high IQ? 

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15 Secrets of the Most Successful Self-Learners

15 Secrets of the Most Successful Self-Learners | Strategies for Managing Your Business | Scoop.it

For many curious folks, their impassioned yearning to soak up as much of the world’s wonders as possible completely transcends the boundaries of a traditional classroom. Armed with an insatiable lust for knowledge, they set out to acquire it on their own terms, although a few pointers obviously can’t hurt before departure and landing!

 

Not every possible technique will necessarily stick with all self-motivated learners, of course, but the only way to find out is to test them. Try some of the following and experiment with what works in a more independent educational setting.

 

 


Via Gust MEES
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John Michel's curator insight, June 24, 2013 8:07 AM

Great insights on how to invest in yourself.

Carolyn Williams's curator insight, June 24, 2013 9:34 AM

A personal emotional intelligence growth curve

Annette Swann's curator insight, June 24, 2013 8:12 PM

Be a great leader? = Be a great learner.

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Mentor - Four key questions for the end of the financial year

Mentor - Four key questions for the end of the financial year | Strategies for Managing Your Business | Scoop.it
The end of the financial year is an opportune time to think about the big picture of your business. Here are four questions that can help ensure the next year is your most successful one yet.
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