Archive for the ‘Business and Management’ Category
Be The Leader You’ve Always Wanted To Be
Written by Lynn Lopez on June 28, 2009 – 2:45 AM -In this current climate of economic instability, most people are looking to undergo more leadership training with the hope that it will keep them gainfully employed. Everyone can benefit from attending leadership training seminars. It enables an individual to learn and develop traits such as self-confidence, critical and strategic thinking, among others.
There are born leaders and then there are leaders who are made. If you are in a position of leadership or seeking such a position, then it is in your best interest to seek opportunities to develop new skills and improve your existing skills. If you think you do not have leadership potential, think again. Choosing a leadership training program is a task well worth undertaking to help you. Opportunities for leadership training and development are available everywhere. Anyone can become a leader, if they have the time and inclination to be one, but it would even be better that one becomes a good leader.
It pays to carefully plan and incorporate leadership training in an organization’s overall operations and management. Different companies have different leadership needs. Identify what characteristics are beneficial and valuable in your own organization. Pay attention to the corporate culture in your company. This will play a big part in the type of leadership trainings that managers and employees must go after. Some companies offer in-house leadership training; others send their employees to attend leadership training elsewhere. People commonly attend trainings that deal with improving communication in the workplace, personal productivity, and managing people and performance.
Nevertheless, good leadership trainings will help you become the type of leader you have always wanted to work for or dream of becoming someday. There are trainings that will teach you more about self-confidence and how it is to be in a leadership role. Some will teach you how to bring out the best in the people you manage by boosting their self-esteem and self-confidence. Others focus more on teaching you to communicate your ideas well. Then there are trainings that will demonstrate ways and means to deal with, handle and mitigate stress in the workplace. You can go for a general leadership workshop for starters. Eventually, you need to start zooming in on what skills you would like to have or would like to develop.
If you still think that you do not have what it takes to be a leader, better yet, a good leader, then you must realize that a good leader is always aiming to excel. The fact that you are already looking up information on leadership training only shows that you are well on your way.
Tags: Business and Management, executive coaching, leadership training
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Why Controlling Stress During This Recession Could Save Your Business
Written by Ina Hikmatullah on May 23, 2009 – 2:17 AM -Stress and the way in which we handle it can play a major part in every part of our lives. This is particularly true when it comes to how productive we are in our working lives. If youre suffering under mountains of stress then your productivity levels will be affected as you spend more time worrying than working. This could be detrimental if youre a business owner.
Many business owners are feeling the pressure of the global economic downturn. With so many large companies struggling, no wonder smaller business owners are feeling the stress. After all, how can a smaller business compete when even the big guys cant make it? The good news is, small home based businesses have a huge advantage over their larger counterparts. By learning to control your stress levels you can help to increase your chance of seeing your business thrive during any part of the economic cycle.
How Does Stress Ruin Your Home Based Business?
If you are constantly feeling stressed these days, it is important for you to stop and revaluate your life. Every moment that you waste being stressed is a moment that your business is slipping away from you. Worrying about where the business is going and whether it is doomed to fail will cause you to ignore the needs of the company. If you lose sight of the business then you might as well wave goodbye to it.
Stress has a way of bringing all those negative fears and doubts to the fore. When you spend so much time focusing on those unknown future events, youre not spending time doing those things that make money for your business. This means youre risking your own businesss success each time you stop to panic about things that may never even happen. Sit down and work through those same things you always did in the past that brought cash flow into your business and leave the stress-related actions until after youre done for the day.
How to Stop Stress Ruining Your Home Based Business
Of course its understandable to be worried about the recession, but you must not allow this worry to become full-blown stress. The easiest way to achieve this is to stop focusing on negative things that may happen and look closely at all the positives you already have.
If you are finding that you cannot relax and if your stress levels are particularly high, you need to stop. Taking a little time out every day can help you to ease your stress and therefore help you to become more productive. Do something that you enjoy. Read, go for a short walk, listen to music, go out for a drive ? whatever you enjoy, take the time out to do it. By shifting your thoughts to something positive, it will enable you to work more efficiently without worrying about the future of the business.
It is acceptable to feel some worry during a recession, but its more important that you use that worry to push you to bigger and better things. Create a business plan or a blueprint for action that can increase your profits even during the downturn. You could surprise yourself with the amount of positive ways you come up with to help increase your profits.
Learning to control your stress levels can mean more than just helping your business survive during a recession. It can also mean improved health for you and less strained relationships with those around you. Take responsibility for your own actions and create a defined business plan that includes all the things you know you need to do to keep your home business running well. Then stick to that plan with determination and a positive focus.
Tags: Business and Management, business coaching, controlling stress, maximum performance
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Building Successful Teams
Written by Bartt Iccles on May 20, 2009 – 2:32 AM -Many organizations these days give their best in efforts to build successful teams. Having successful teams is imperative if organizations are looking forward to seeing results. However, not all organizations are successful in building effective teams. Organizations may not be completely pleased with the outcome of their team development efforts but there are factors that they can look into to check if they are indeed on the right track of building successful teams.
Individuals that make up teams must also have a clear understanding of why their teams were created. It is also important that they understand why they are part of the team. They must also give commitment to working as a team. Team members must also be committed to accomplishing team goals.
Teams must feel they have the right kind of people. They must be able to believe that their members possess the knowledge, capabilities, and skills needed to deal with the issues for which the teams were created. Teams must also have sufficient resources, support, and strategies required in accomplishing team goals.
Having a team charter helps. Teams must be able to define their goals and must have these communicated to their members, including means to measure and evaluate performance. Teams must not only be aware of their goals, they must also be able to accept their limitations. Accepting boundaries is not enough; teams must also understand what their deterrents are so they can develop strategies on how to counteract their negative effects.
Teams must also appreciate the value of collaborative effort. It is vital that team members are able to work together effectively. They must be able to jointly face problems, process improvements, goals, and feedback. Teams must also have established methods to resolve interpersonal conflicts to facilitate smooth relationships among members. It is vital that team members understand that they should be working together toward their team goals and not away from each other, drifting away from their team goals. Collaborative and coordinate effort is important in making teamwork successful.
Teams are not the only ones responsible for the success of team effort. Organizational leaders, and the organization itself, also play important parts in building effective teams. Organizational leaders must have openly and clearly communicated their expectations on team performance and the results that they want to see. They must also give emphasis on team effort as a main concern in terms of attention, discussion, interest, and time. Additionally, the organization must also show consistency in giving resource support to teams such as people, time, and funds.
Tags: leadership, maximum performance, Success, successful teams
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Mission Control: Putting Our Purpose Above Our Goals
Written by Marshall Goldsmith on April 29, 2009 – 2:35 AM -At the surface level, ‘purpose’ and ‘goal’ seem to be very similar. In fact, my thesaurus tells me they’re synonyms. It might appear that we can use them interchangeably. But in parsing the definitions of these words, we discover they’re as different as night and day.
Goals are the specific objectives we strive to achieve, usually within well-defined parameters of space, time and resources. On the other hand, purpose is abstract. It’s the ‘why’ behind any thought or deed. Purpose is not about achieving an objective it is more of a way of life. Purpose is enduring, whereas goals can be created, adjusted and discarded as needed.
Going beyond mere semantics, you can see the variation between purpose and goals in what you do at work. Goals can be the targets you set regarding the recruitment, retention, development and progression of your organization’s workforce.
In contrast, purpose should be what the goals serve. You establish those targets to achieve a greater overarching aim, one that benefits the business and its shareholders.
For instance, you wouldn’t bring in 1,000 employees just for the purpose of making your workforce larger, would you? Of course not. (At least I hope not.)
On the other hand, you might set a goal of bringing in these employees to prepare your organization to support its purpose and to ensure the success of an exciting new growth opportunity.
We often get lost and confuse our goals with our purpose, both with our companies and our families. I will never forget teaching a leadership development session in a Fortune 500 company that not only involved executives – it involved the spouses or partners of the executives. As part of the session, executives received feedback from their partners.
Many executives learned that their partners felt ignored or put in ‘second place’ compared with work. When the executives were asked, ‘Why are you working so hard?’ they invariably said, ‘Because I want my family to have a great life.’ Their partners almost always replied, ‘We have more money than we will ever spend. We would just like to see you more!’
Many executives had clearly let their goal (make a lot of money) become more important than their purpose (create a great life for themselves and their families).
I bring this up because the distinction between a goal and a purpose sometimes can be lost on talent management professionals – we can get so absorbed in our own limited objectives, thinking that these are our raison d’etre.
A good friend of mine left consulting to become the executive vice president of HR for a huge corporation. He reviewed a study of the company’s employee benefits and found some benefits were costing the company millions of dollars and delivering very little that the employees actually valued.
When he suggested cutting the benefits to save the company money, he was told he was ‘confused’ by his HR staff members. They noted that cutting these benefits would mean a smaller budget for the HR department and less power for them. They had become so interested in ‘building their empires,’ they had forgotten about making a return on investment for their stockholders.
The idea that the purpose of the organization should come before the goals of any one part of the business seems to be simple enough. Yet why do many of the leaders in talent management (and to be fair, in other areas of business, as well) so often fail to get it?
The answer is rather simple: When a goal is designated, it tends to become a fixation for highly motivated people. Add to that the pressures that come with tight deadlines, struggles for finite resources and organizational turf battles, and it’s not hard to see how our own goals can absorb any of us.
The solution to this problem is equally simple, although it isn’t necessarily easy. It requires honest, perhaps even painful, introspection and reflection. Conduct a thorough analysis of your goals. Ask yourself, ‘What goals are consuming my time and energy?’ and ‘What goals are consuming the company’s resources?’ Rank your goals in terms of cost. Then look at the true purpose of your organization. Rank your goals in terms of ‘contribution to the purpose.’
If we are honest in our assessments, most of us will find some clear discrepancies between ‘cost of goal achievement’ and ‘contribution to our purpose.’
When this happens, we can step back, take a breath and realign our goals, successfully completing our ‘to do’ list with our purpose – successfully doing what really matters.
Tags: Business and Management, coach j, goals, maximum performance, purpose
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Build Your Ideal Business Brand
Written by Kelly Brooke on April 18, 2009 – 2:20 AM -There are numerous elements which deal with branding businesses, each has its own importance and impact on attaining the business objectives. That is an action which all beginning businessman must educate him or herself about because it will determine the company’s performance later on. The following are explanations why company branding should be paid close attention:
Developing Business Identity
When you use a business theme to begin a business endeavor, chances are there are already some other existing businesses with corresponding characteristics as yours. Therefore, you need to create a brand for the organization that will differentiate yours from any rivals. Thus, when choosing a brand designation or logo for the company, you need to think of creative methods which can aid in make your business be easily remembered by possible consumers.
Distinction is an important part of every business venture and when folks discover that you have something unique to offer that lets you stand away from the competition, then you’re one step closer to your business objectives. Once you have created your company brand, then that is about the time you should investigate providing good items or service which the brand will be represented with. This takes you now to the next critical element involved in branding, and that is marketing.
Marketing and Advertising Campaign
Branding also promotes the selling force of your product. If you’re able to create a brand which folks will readily recall and recognize for the excellent products, then it helps create an efficient branding method for your company. The initial action for a successful company is making the time to let individuals of your name, what you do, and the means at which you do it. Adequately communicating your organization’s vision with the brand is an essential part of all company branding effort.
After having built an effective business brand will also raise awareness of the product you’re promoting therefore when folks hear your brand, they’ll easily think of the wares or services and your organization’s name.
Tags: Business and Management, business coach, coach j, maximum performance
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