Tuesday, May 4, 2010
Advice on Work Attitude
Inspect the factors that contribute to your happiness (or unhappiness as it were) and note the effect each has on your work life. Critically examine these influences as they relate to the culture you desire, the type of colleagues you enjoy, and the contributions you make. Use the results to determine what made today a good day, and equally important, how to make tomorrow a better day.
Here's a practical approach;
Approach your work day with a good attitude
Leave your work day with a good attitude
Everything in between will be great!
\Mike
Sunday, November 15, 2009
Top CEO Qualities
Quite a few books, articles, papers and courses have been written identifying the top traits that great leaders posses. Even the most basic search of the internet for "top leadership traits" results in a plethora of information. Recently, I read the book Think Like a CEO by D.A. Benton. In it, Benton outlines 22 traits that make the difference between good leaders and what she terms near-perfect (because, she insists nobody is perfect!).
In aggregating the many traits and qualities I researched, several common themes emerged allowing me to create this simplified version. Thus saving you the hassle of dredging through mountains of information. Building a list such as this is subjective, but not without proven research. For example, Benton put together her list after comprehensive research and interviews with over 100 CEO's. Multiple university and MBA program studies have attacked this subject as well.
In a nutshell, if you want to get to the top and stay there, you should strive to be:
- Self confident and secure with oneself
- Honest, Ethical and Trustworthy
- Calculated risk taker
- Humorous
- Tenacious
- Great Listener
Now, maybe you do not want to be the CEO. That's ok, because if you just want to be better at anything you do, this list will apply to that, too !
\Mike
Wednesday, October 14, 2009
Social Networking with Business Golf
This summer, while searching for my next career move, I had the opportunity to play quite a bit of golf. Mostly, I showed up at various public courses in the area as a single. I didn't realize at the time how valuable this approach would be. Although no job offers resulted, it was a perfect way to increase my social network. I met executive coaches, university professors and numerous other professionals. But unlike most executive networking groups I attend, where you also meet great people, golfing for business afforded me the opportunity to build the relationship at a completely different level.
Many business deals have been consummated on the golf course. I tend believe that the business relationship solidified to enable the deal to succeed. Used properly, golf unleashes tremendous business and social networking potential.
There are 2 basic categories of play; Social - You play with your friends/country club members for fun, championships and/or prize money; and Business – you are on the course with associates, colleagues, customers or even complete strangers with the intent to enhance or build new relationships.
In business golf, the goal is to build a relationship. It's that simple. Scot Duke, Founder & CEO of the Business Golf Country Club (http://bizgolfcc.com ), an online community of golfers, approaches the business golf round in 3 basic steps;
- Stay to the Plan – which is building relationships and trust
- Separate the Golf from the Business – This is not the time for power point slides or your resume !
- Be Patient – Relationships take time. In the end, maybe you don't win the business. But then again, maybe s/he will refer you out to someone else.
Here are some useful tips for a building a social network using business golf;
- Always carry business cards. Keep them in your bag for a proper exchange at the end of the round.
- Act professional and in control – Slam the ground in anger when playing with your buddies. People will get to know you on the golf course more from your actions, than your words. How you handle stress, impossible situations, and if you are honorable and trustworthy will all come from your actions on the course.
- Do not give unsolicited advice on your partners golf game
- Remember, your mission is to have your partner walk away saying, “that was a very enjoyable round of golf”. Do everything in your power to make this happen.
- Follow up with a note, email or call, simply to say thank you for the nice round
Check out the Business Golf Country Club at http://www.bizgolfcc.com where you'll find a wealth of useful information. Also, you can also click here for an interesting little video.
What do you think? Do you have any favorite business golf stories?
\Mike
Wednesday, May 20, 2009
Leadership is Rewarding
Take a moment to reflect on where you have been and what motivated you into leadership. Maybe it was early on in high school, or getting involved in college activities. The path has been different for all of us, but the common thread is the rewarding feeling of success and the desire to repeat. Build a great team, produce a good product and reap the rewards of winning.
One of the greatest challenge for leaders is to accomplish goals through other people. We cannot do it alone, nor should we. Our legacy is simply measured by the teams' accomplishments. For each road block you remove, for each problem solved and for every meeting you take charge, you should know by now leadership rewards are measured in much more than dollars and cents.
\Mike
Sunday, April 19, 2009
Are you able to accept "no" for an answer
Over the course of the next hour you get agitated, angry and bewildered at the number of excuses why the project is late. You stress the importance of meeting this commitment, how company revenues depend on it, and the teams' reputation is at stake. Finally, you hear the magic words, "ok, we'll get it done". You leave the meeting not entirely satisfied. It was more of a battle than you anticipated. But you feel good you eventually managed them to see it your way. Now you can concentrate on another fire in your to-do list.
Many of you leading development teams probably faced this situation numerous times. In the end, did the project conclude as you expected ? There's a plethora of dynamics happening here. Let's briefly look at both sides of the table - What you want to hear, and what the Project Manager (and team) want to say.
First you - A good leader, mentor, coach and of course the executive responsible for the projects success. You challenge your team to meet goals, motivate them to perform above expectations, stress the importance of customer commitment and satisfaction. In this environment, it is imperative to push the right buttons. So, what happens when your Project Manager responds with "no", or the many variations of "no"; "That will be a challenge", "I'm not sure we can make up that amount of time", "Are you kidding"?
Here's the key - your first reaction will set the tone for the remainder of the discussion. At this pivotal moment you will set the tone in one of two ways;
- an atmosphere to tell the boss what he wants to hear; or
- an atmosphere to solve the problem together
But, if you would rather solve the problem, use the collective skills of your team to determine the best course of action, analyze what the core issues are and attack those, then consider yourself a better leader than you thought. Your job at this moment is to ask great questions, listen, analyze. Trust me, the Project Manager wants to meet the commitment just as much as you do. But it's up to you to lead the way. And, of equal importance, for you to acknowledge the problems and challenges in attaining that goal.
Now, here's what' transpiring from the other side of the table. Rick Brenner has written a great essay; Saying "No": A Tutorial for Project Managers. He analyzes why people would rather say yes to something they inherently believe is "mission impossible" - Fear of losing their job, being passed over for a promotion, etc. The bottom line is that fear, and an environment of retribution, forces a culture of "yes men". I hope you would agree this is not good for the team, you or the company.
Executives create culture. How we act, talk and respond to these situations is a legacy carried forward and inherited by the workforce. Give some careful thought today on the legacy you have left behind in that meeting room.
Use the power of "no" to your advantage; use it as the catalyst to solving the problem. This may not get you the release date you were after, or all of the features, but you will be creating stronger teams that believe in you as the leader. And that results in a workforce willing to go the extra mile. And those are the teams that accomplish great things.
\Mike
Thursday, April 9, 2009
Making Executive Decisions
Everyone makes a decision, everyday, 24x7. I told my wife the other day we were not going to an affair that we had been invited to. (My reasoning is outside the scope of this discussion -:). But, I made the "executive" decision, and that was that ! Well, until the topic gets revisited and the discussion re-opened. We employ an Iterative Decision Process. We can revisit the decision, but only if new and relevant information can be presented that could significantly change course. (Think of it as "Appellate Court" )
Now, suppose we used an Iterative Decision Process to our businesses? In fact, some already do, and may not realize it. For years we have learned and read about decision processes; you know them; Decision Trees, Consensus, MultiVoting, etc. And for years, we've read about corporations that wallow in a decision, take too long, and miss an important market opportunity or critical strategy or major architecture decision. Why is that? What prevents very smart leaders from finalizing important decisions? What is so difficult to weigh the facts, look at the alternatives, and pick one ? Far too often executive management falls prey to analysis paralysis. Having experienced this phenomenon first hand, it is stressful, emotionally draining and for the most part, completely unnecessary! Research has shown that " smart people don’t automatically make good decisions,” said Eric Johnson, a professor at the Columbia Business School". It is a skill that can be learned and fined tuned.
Governments are notorious for indecisiveness. Call together a group of politically motivated people and the outcome is predictable. Cities and towns will debate issues for months to the detriment of its constituents. An elongated conclusion most certainly has an effect on the people waiting for the answer. How good is that?
And that led me to wonder how politically motivated we are with our leadership teams within the corporate environment? Do you find your executive meetings filled with colleagues attempting to honestly solve issues, or, if you listen closely to the words is there some other agenda at heart? Think of the last set of meetings you were involved with that fit this profile, and now ask what you could have done better to break the pattern.
As a leader, keep in mind the effect of indecisiveness on the employee population. Being a leader carries the responsibility of quick, accurate decision making. The more belabored the process, the more significant an increase in employee anxiety is sure to result. And we can all agree that today's world is filled with enough anxiety already. When your team is waiting for the answer; ...what's our next goal? Are we going to build that next gen product? ....remember that sluggish behavior on the part of the leadership team is a sure fire way to demotivate and create a stressful atmosphere.
I am by no means suggesting that the executive issues you face are trivial. I certainly advocate that items are thoughtfully weighed with proper analysis. Here's one suggestion though; Put a time-box around these decisions. Give it a time limit of say 2 weeks, 1 month; whatever seems doable but aggressive. And communicate that to those waiting for the results. Next, take it as your personal commitment to meet that time frame. Get your fellow executives to do the same. Keep the rhetoric low, the conversations on track, and keep the ball moving forward.
Follow the motto; The worst decision you make is to not make a decision at all.
\Mike
Thursday, April 2, 2009
Top 100 Leadership Blogs
This particular blog is embedded in the Web Site www.bestuniversities.com. So in addition to scanning the 100 leadership blogs, you can also research online universities and what they have to offer !
Enjoy!
http://www.bestuniversities.com/blog/2009/top-100-leadership-blogs/