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Strategies for Managing Your Business
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Leader, Manager, Operator - Which Are You? - Forbes

Leader, Manager, Operator - Which Are You? - Forbes | Strategies for Managing Your Business | Scoop.it
Leading, managing and operating a business are 3 very different things. Here's how to tell which you might be good at and which...not so much.

Via Dr. Susan Bainbridge
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Alexander Falkov's comment, February 12, 2014 2:09 PM
How can we judge our selves in order to know which of the 3 criteria explained in this text we should improve? And how can we train to improve the fact of being a leader, a manager or an operator? Moreover, being a leader is more like a natural thing no?
Victorine Fabre's comment, February 12, 2014 8:54 PM
I find this article very interesting because it adds a notion: operator. We are used to hearing to leader and manager all the time in the business world. I find the word “operator” is less used.<br>A very good director has to succeed in linking these three notions: Leadership, Management and Operating a business. To comment this article, I would like to focus on this last notion. Erika asks the question: what make a good business operator, and how can someone develop that capability? <br>I am a student in a Business School and I ‘m currently doing an internship in an event company. I can notice now that we can really understand this capability when we have an experience in the field, in a firm. Indeed, we can’t really apply our lessons of our business school in a firm when there are operating problems. Each firm is different, each problem is different, and each environment of the firm (competitors, country, trends) is different. We must adapt to the situation, to changes. That is the difficulty. There is no model suited to all operating changes! <br>To illustrate the notion of “operating a business”, I take the example of a Spanish brand, Desigual. It has been in USA since around 4 years. She was already a leader brand in Spain with its colors, its new design (forms like Gaudi), its dynamic and its Mediterranean spirit… “la vida es chula”! The beginning in USA was very difficult. This dynamic didn’t seduce American people. New country, new trend, new minds… It had to find a new idea to seduce a new market. American people, above all New Yorkers want to see something BIG, NEW, SHOCK! The Spanish brand had an idea… to create undies parties: “Be one of the first to arrive in your undies. Leave in a FREE 2-pieces Desigual outfit of your choice”<br>These “parties” were a success all around the world, and now Desigual make profits in New York! They adapted their brand to their new markets thanks to a new idea!<br>To operate a business in a good way, we have to be like a designer when he creates a new product. We have to observe and to connect things by different ways to create. To solve operating problems, we have to observe the environment, the competitors, the economic changes and the behavior of consumers. <br>To be the best, be Leader, Manager and Operateur as better as possible !<br>
Muhammed Sisman's comment, February 14, 2014 2:54 PM
The first thing you think about when you read the words operator or operating team is people who face situations or involved in concrete situations. In the example given by Susan, her son is probably solving a daily problem that his customers faces in his cafe. This kind of approach is not always used by managers or leaders and it's also not obvious to get. Then this article is a good reminder and it shows us that every leaders or managers should integrate this approach because solving problems start with how you face the problem, and how you understand it. As a business school student, it gives me an other image of how we should be to better run businesses and analyse projects.
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BigData in Human Resources: Talent Analytics Comes of Age

BigData in Human Resources: Talent Analytics Comes of Age | Strategies for Managing Your Business | Scoop.it

There are around 160 million workers in the US alone, and most companys’ largest expense is payroll. In fact in most businesses payroll is 40% or more of total revenue, meaning that total US payroll expense is many billions of dollars.

How well do organizations truly understand what drives performance among their workforce? The answer: not really very well. Do we know why one sales person outperforms his peers? Do we understand why certain leaders thrive and others flame out? Can we accurately predict whether a candidate will really perform well in our organization?


Via Vicki Kossoff @ The Learning Factor
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Vicki Kossoff @ The Learning Factor's curator insight, February 17, 2013 9:34 PM

A great article on the use of BigData in HR. Data definately tells us that we may have been looking at the wrong things in relation to a number of HR practices. Take a look at a good example of recruiting sales people.

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Big Data: It’s Just Useless Information Unless You Put it to Work

Big Data: It’s Just Useless Information Unless You Put it to Work | Strategies for Managing Your Business | Scoop.it

“Big data” is the latest buzz word entering HR lexicon. ...how can it be used to better inform talent and performance management and help in proactive management of your company culture?

Trumans's insight:

The better information we have, the better our decision making capabilities....

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What is CHANGE MANAGEMENT? (Video)

An excellent introductory training video on change management.


Via Vicki Kossoff @ The Learning Factor
Trumans's insight:

This is where a great firm of Accountants can really add value...

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andrea howell's curator insight, February 4, 2014 10:31 PM

Good intro

Lou Hemmer's curator insight, March 11, 2014 11:06 AM

Brilliant video on change management!  You'll want to share this one.

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Raiding super a mistake

Raiding super a mistake | Strategies for Managing Your Business | Scoop.it
WHEN Bill Shorten addresses the annual conference of the Self Managed Superannuation Fund Professionals Association in Melbourne next Friday, the Superannuation Minister will face growing concern about the government's proposed new taxes on super,...
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Are You Out of Sync With Your Values?

Are You Out of Sync With Your Values? | Strategies for Managing Your Business | Scoop.it
The three levels of values and why you should understand them both for your organization and yourself.


Edgar Schein is a colossus for those of us who think hard about how people and organizations work. His core model explains corporate culture, and it’s one that we can take and use as we look to maximize our own potential and do work that makes a difference, work that matters.


Via Vicki Kossoff @ The Learning Factor
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Dana Lescoe's curator insight, July 9, 2014 4:27 AM

Another great read and tool

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The Talent-Intelligent Board - The Essential Resource

The Talent-Intelligent Board  - The Essential Resource | Strategies for Managing Your Business | Scoop.it

In most organizations, talent is the essential resource — in fact your talent is the one thing that can distinguish you from your competitors. Without the right people to execute and deliver the organization’s strategy and objectives at all levels of the organization, the business will fail to reach its full potential.

If talent is so vital, the question is, How does the board influence the organization’s ability to attract, develop, and retain talent?


Read Deloitte's latest report about critical talent related risks and considerations for today’s boardroom.


Via Vicki Kossoff @ The Learning Factor
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Vicki Kossoff @ The Learning Factor's curator insight, January 31, 2013 1:33 PM

This publication aims to assist board members in defining and carrying out their oversight responsibilities with regard to talent.

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Your Leadership Value Proposition

Your Leadership Value Proposition | Strategies for Managing Your Business | Scoop.it

Your company has a value proposition. There is something that you do that your client’s perceive as valuable enough to choose you over all of your competitors. 

Trumans's insight:

Ensure your perceived value is real value; over and over again...

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5 business lessons to learn from Lance Armstrong

5 business lessons to learn from Lance Armstrong | Strategies for Managing Your Business | Scoop.it
5 business lessons to learn from Lance Armstrong

While you might not think that Lance Armstrong is a good business model after last week’s final confession, there are some lessons that business owners can take away from his example. Read on for what you should, and should not do in business.

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Diversity + inclusion = better business - Human Capital

Diversity + inclusion = better business - Human Capital | Strategies for Managing Your Business | Scoop.it
Focusing on inclusion in the workplace is just as important to business performance as building diversity, according to a new report. What does this mean for your organisation?

Via The Strategist Group, David Hain
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David Hain's curator insight, January 22, 2013 2:31 AM

Stands to reason, more heads are better than one, regardless of race, creed, sexual preference, etc...

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10 Steps to Create A Content Marketing Blueprint For Small Business | Blue Focus Marketing

10 Steps to Create A Content Marketing Blueprint For Small Business | Blue Focus Marketing | Strategies for Managing Your Business | Scoop.it

By now, you have heard all the hype about content marketing.  Although this powerful marketing strategy is one of today’s biggest buzzwords, many brands are still hesitant to jump into the mix.  Have you designed a content marketing plan for your brand in order to seize opportunities in the current economic climate?

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The End of a Job as We Know It

The End of a Job as We Know It | Strategies for Managing Your Business | Scoop.it

The concept of a job, as we know it, is starting to go away.

 

Over the last year I've been speaking with many corporate business and HR leaders and have heard a common theme:we need our organizations to be more agile. We need to redesign the organization so we can learn faster, communicate better, and respond more rapidly to change. This quest for the agile organization has changed the nature of what we call a job.


Via Martin Gysler, David Hain
Trumans's insight:

This is a good article.  Note that whilst expereince and skills are important, achieving results has to be up there too. What needs to be said though, is that very often results are achieved through a collaborative effort, and that gets back to the relationships that you build with your colleagues.

I one wrote a course, called Building GREAT Relationships, where GREAT is an acronym for:


Growing
Robust
Enthusiastic
Appreciative

Trusting


I believe the ability to build a great telationship is more necessary now than  ever before... 

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Martin Gysler's comment, January 16, 2013 4:36 AM
Yes David, a long time ago that things have changed ... finally happily. I think you gave good advice to your children, who will always be on the safe side if they focus on life and relationships.
Martin Gysler's comment, January 16, 2013 4:43 AM
@ Don - I read an article last week on the same subject and I think you say right that deep skills are (or should be) the currency of the job. More and more companies have understood this reality today.
Martin Gysler's comment, January 16, 2013 4:54 AM
@Trumans - Yes, I totally agree with you. Relationships and our network is more important than ever. It is sometimes simply complicated, for me, to set a limit ... :-). Your training seems to be great, if you can put together five acronyms and if those who follow the training understands the strong message sent.
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Future of Work Report 2013

As part of the popular series of 'Future of' reports, the creative agency PSFK has released a 140 page document that covers the new ways we are working and the implications for business and for workers.


Via HR Trend Institute, David Hain
Trumans's insight:

Some useful insights here.  Are you going to make changes or stay the same? ... it s a risky business...

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Gary Bamford's curator insight, January 11, 2013 2:54 AM

Blimey - it will be a full time job keeping up with all this!

Gary Bamford's comment, January 11, 2013 2:55 AM
But which ones will survive?
Alison D. Gilbert's curator insight, February 5, 2014 3:32 PM

Predictions on the future of work. What are your thoughts about these ideas and the slideshare presentation?

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Start me up

Start me up | Strategies for Managing Your Business | Scoop.it

Do you think you’re ready to start your own business? If you’ve got a great idea and feel it’s finally time to take the first entrepreneurial step, ask yourself the following questions before you start:

Trumans's insight:

...and don't forget to speak with your accountant.  At Trumans, our great crew help you chart the right course.

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As One - Better Collaboration Where it Counts the Most

As One - Better Collaboration Where it Counts the Most | Strategies for Managing Your Business | Scoop.it
As any frustrated executive can vouch, the best plans count for naught if they are not implemented. Yet what exists, other than gut instinct, to inform leaders’ decisions around organizational engagement?

Via Vicki Kossoff @ The Learning Factor
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Snow Dowd's curator insight, February 19, 2013 5:17 PM

Research on strategies for success in group process.

 

Three key criteria for success:

1. Belong: People collaborate on behalf of organizations they feel connected to.

2. Believe: People collaborate when they commit to carrying out specific actions.

3. Behave: People collaborate when they share a common understanding of how things are done.

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From the altar to IPO: Doing business with your partner

From the altar to IPO: Doing business with your partner | Strategies for Managing Your Business | Scoop.it
For Julia Hartz, co-founder and president of Eventbrite, the event and ticketing web platform, starting a company with her husband, Kevin, was not exactly part of her master plan.
Trumans's insight:

Always seek professional advice.  Your Accountant is just right for being the "other" partner in your business...

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Westpac Economic Update: Presented by Chief Economist Bill Evans (8 February 2013)

Westpac Chief Economist Bill Evans comments on this week's market events with a focus on retail sales, building approvals, the employment report and the deci...
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How to turn every sales person into a top story-teller

How to turn every sales person into a top story-teller | Strategies for Managing Your Business | Scoop.it

Top Sellers are Great Storytellers: A simple framework for harnessing the power of anecdotes. What sets top sales people apart?


Via Karen Dietz, Gemma Vives Boix, David Hain
Trumans's insight:

The human psyche is tuned in to story telling - that's why books, songs, movies and TV are so popular - everyone loves a story. The best thing you can do in business is to know your story and then share it in a continuously enthralling way.... a la Coca Cola...

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Karen Dietz's curator insight, January 24, 2013 6:54 PM

Here is a niftly article that not only talks about the importance of storytelling in sales to boost the bottom line, but also includes a formula, and a free downloadable template.


Yeah!


The formula is pretty good. The only issue I have with it is that it still positions the company -- not the customer -- as the hero. We know that for max effectiveness, we want to make the customer the hero.


It is a subtle but important change -- because if the customer is the hero, your prospect will see themselves as the next potential hero. And your next customer. That is a good thing.


So how would you shift the formula given? In section 3, instead of saying "Working with their [key sponsor’s role], we helped them implement [brief description of our key capabilities] that allowed them to [brief description of benefits]" try this:


"Working with their [key sponsor’s role], our client was able to use our [brief description of our key capabilities]. As a result [share what THEY were able to accomplish] that allowed them to [brief description of benefits]."


That is only one suggestion. How else would you rewrite the formula to make the customer the hero of the story?


There are other good insights here and don't forget to download the free template!


This review was written by Karen Dietz for her curated content on business storytelling at www.scoop.it/t/just-story-it

Edna Campos's curator insight, February 1, 2013 4:27 PM

Muy buen articulo..

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3 Reasons to Grow the Talent You Have Into the Leaders You Need

3 Reasons to Grow the Talent You Have Into the Leaders You Need | Strategies for Managing Your Business | Scoop.it

While many organizations are recruiting leaders from competitors (with cost per hire only rising), few are doing much to develop the talent they have into the leaders they need.

 

Here’s what I don’t understand: Why is the process of finding a leader – whether to backfill someone or to fill a new role – often treated as an isolated event rather than an ongoing process?


Via Lenka Lutonska, donhornsby, David Hain
Trumans's insight:

Leadership development is key to the success of any organisation.  Seems obvious really.  What is not so obvious is that those that come from within often have a much better "heart" for the organisation than those that are brought in specifically for a role.  We should not lose sight of that. 

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Lenka Lutonska's curator insight, February 5, 2013 5:27 AM

“Until [we] become much more intentional about development of internal talent, we are doomed to an ever-growing leadership deficit.” - Neil Nicoll

donhornsby's curator insight, February 5, 2013 8:22 AM

(From the article): Almost three years ago, Neil Nicoll, President and CEO of YMCA said in Finding Leaders for America’s Nonprofits: Commentaries, “Until [we] become much more intentional about development of internal talent, we are doomed to an ever-growing leadership deficit.”

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Breaking Out of the “Old” HR: Maybe It’s Time For Culture Development

Breaking Out of the “Old” HR: Maybe It’s Time For Culture Development | Strategies for Managing Your Business | Scoop.it

Human Resources has a reputation for being a department of policy enforcers. While it might seem intuitive that the role of HR would be to serve the employee as a customer, this isn’t usually the reality.

Trumans's insight:

Yes, time for Culture Development across the whole business, not just HR. After all, we are one team. Aren't we?

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Move Beyond "Me" to "We" in your Leadership Brand

Move Beyond "Me" to "We" in your Leadership Brand | Strategies for Managing Your Business | Scoop.it
Many of us have been brought up to think that humility is a virtue. Isn’t personal branding contradictory to being humble, and, therefore, bad? The answer is “no.” Having humility and doing a good job at personal branding are not mutually exclusive.

Via Richard Andrews, Roy Sheneman, PhD, David Hain
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Pedro Barbosa's curator insight, January 24, 2013 3:50 AM

Pedro BGarbosa | www.harvardtrends.com | www.pbarbosa.com

donhornsby's curator insight, January 24, 2013 8:59 AM

(From the article): The measure of your success is not just what others are saying about you, but in the impact you are making on the world. Moving from “me” to “we” makes your leadership brand both attractive and valuable.

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Sole trader - Five ways to build profitable business relationships

Sole trader - Five ways to build profitable business relationships | Strategies for Managing Your Business | Scoop.it
Positive business relationships are an essential part of any successful business. Here are five tips to help you form profitable partnerships with your clients. BY AMANDA JESNOEWSKI.
Trumans's insight:

It's a very simple formula, but so many people don't get it right.

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10 Simple Behaviors That Diminish Trust

10 Simple Behaviors That Diminish Trust | Strategies for Managing Your Business | Scoop.it
Self-check: are you reducing trust without knowing it?

Via AlGonzalezinfo, Amy Melendez, David Hain
Trumans's insight:

Trust is the thing that holds all relationships together, be they business or persoanl...

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ThinDifference's curator insight, January 19, 2013 9:35 AM

It is amazing how quickly trust can be lost, so it is essential to pause, breathe, and think. Some behaviors to consider and avoid.

Angie Mc's curator insight, January 19, 2013 4:40 PM

Spot on! Whether at work or at home, avoiding these behaviors increases trust in all relationships.

Angie Mc's comment, January 19, 2013 4:41 PM
Tools to improve trust in all relationships.
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» Why an online presence is essential for your business Dynamic Business

» Why an online presence is essential for your business Dynamic Business | Strategies for Managing Your Business | Scoop.it

Why an online presence is essential for your business
For business owners, the beginning of the new year is an opportunity to reflect on and assess how their operations can be improved. 

If you’re looking to help your business get a head start on your competitors for 2013, it’s worth noting just how vital a strong internet presence is for a successful modern business.

Trumans's insight:

Yes, yes, and yes....

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Appearances Count: In Business, Presentation Is Everything - Forbes

Appearances Count: In Business, Presentation Is Everything - Forbes | Strategies for Managing Your Business | Scoop.it

Have you ever wondered how much your appearance matters to the people you meet, or how much it matters in business?

Many people spend a great deal of time working on their personal appearance because to them, appearance and presentation is everything. Consider the exploding personal care and grooming industry. Both men and women are both highly conscious of others’ perceptions. Economic studies even equate personal grooming to the level of income you make.

Trumans's insight:

As they say " Clothes maketh the man, or woman", as the case may be...

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