An under performing employee is something every manager or leader will have to face sooner or later, but what’s the best approach? Some will tell you that poor performance is solely down to a lack of ability or self-discipline. Others will duck the issue and just try to remain ‘friends’ with everyone on the team. As with everything in business the balance lies somewhere in the middle.
There really is no way of getting around it. Sooner or later companies are going to have to embrace millennial leaders. After all, the ones that came before are going to keep retiring. Even before that happens, the old guard going to start losing touch with what an ever-growing group of customers wants, needs and pays attention to.
The good news? Millennials actually make some surprisingly good leaders. They have some vital attributes which make them perfectly suited to the world as it exists today. Here we’ll explore some of their strongest attributes.
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Being a business owner is not for the faint of heart. You must have determination, courage, and strength.
You must also possess the innate ability to brush off failure and not let it define you as a business person. Because if you venture into the crazy world of business ownership, you will fail. It’s not an if kind of question but a when.
Yet, some new business owners believe the perfectionist myth when trying to craft an entire business perfectly the first time. That’s like trying to build this LEGO Ninjago City with 4867 pieces from just the picture. Sure, you may get close, but it’s probably not going to be right. And it may look okay from the outside, but fall apart the first time you use it.
When Lou Gerstner took over as CEO of IBM in 1993, he took the reigns of an old and prestigious institution with a rich history. Gerstner had no computer industry experience, but he did have deep leadership experience. And taking over at IBM he would need every bit of it: IBM had suffered a multibillion dollar loss and was burning cash.
“There’s been a lot of speculation as to when I’m going to deliver a vision of IBM [but] the last thing IBM needs right now is a vision,” Gerstner said at his first press conference. He needed to make some tough decisions and get the his new team members working together effectively – fast.
Despite the undeniable impact of sound leadership on the success of any organisation, there remains an apparent lack of understanding when it comes to the specific core competencies every leader ought to prioritise while carrying out their professional responsibilities. To be clear, this does not mean these leaders are wholly unfit or ineffective; instead, it only indicates that these professionals have not yet maximised their own potential or the potential of the organisation they are charged with leading.[Continue Reading …]
Team engagement is more than just a buzzword. Companies large and small have learned the value of engaging employees and what they mean to both the profitability and longevity of the company.
Millions of dollars are spent every year to discover ways to keep employees engaged. Part of their budget is spent on discovering and retaining team leaders who are successful in engaging team members. Gallup recently released new research that discovered that “disengaged” employees offer the greatest opportunity for businesses to improve their performance and profitability.
That’s where you come in!
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