|
|
|
Brief Introduction about China
China is the world's third-largest nation by area and the largest by population. China is bordered by the Mongolian Republic and Russia on the north, by Russia and North Korea on the north-east , by the Yellow Sea and the East China Sea on the east,...
Chinese Business Culture for the Western Businessmen
It is important to learn Chinese business culture or etiquette if you need to trade, but, sell or negotiate with mainland Chinese now or in the future
Chinese business culture and etiquette The Chinese business practice is vastly...
Do You Love Food? - Then Maybe Opening a Restaurant is Not Such a Crazy Idea
The restaurant industry in the United States employs an estimated 12.2 million people, making it the nation's largest employer outside of government agencies.
The restaurant industry in the United States employs an estimated 12.2 million...
Help Wanted -New Business Leadership required to jumpstart the American Economy
Help Wanted -New Business Leadership Styles and Practices Needed To Build Confidence and Jump-Start the Economy. By: Denis Orme ______________________________________________________________________________ America's help wanted ad should read,...
Introducing the Virtual Time Machine that Gives Back Your Valuable Time
Minneapolis, MN - October 23, 2003- Finally, a fairly new creation is giving people back their time– The errands and concierge service industry. These services are popping up more and more all over the country. The newest errands and concierge...
Organizational Culture And Creative Blocks – The Similarities
Few Decision makers see the link between creativity and innovation management, as performed by MBA’s in firms, and creative endeavours such as screenwriting. In fact, there are very strong linkages. The problems that prevent individuals coming up...
The Employee Publication: The Great Communicator
THE EMPLOYEE PUBLICATION: THE GREAT COMMUNICATOR Five Tips for Creating a Successful Newsletter From the Experts at Drizen-Dohs Corporate Communications Communication is more essential than ever in today’s culture. From the global village to the...
"Trading Spouses" Teaches Relationship Building Through Cooking
Last night I watched a television show. It was rather hilarious and disturbing at the same time. I was actually talking to my mother when I first heard about it. I called her to chat and she told me she was watching this show called...
WHAT MAKES AN ON-LINE BUSINESS EFFECTIVE?
WHAT MAKES AN ON-LINE BUSINESS EFFECTIVE? What makes an on-line business effective are the same ingredients that make any business effective. The only difference is that in an on-line business we don’t see our customers. We don’t see the other...
Your First Year Doing Business Online. What you need to do to get through it and prosper!
I've been doing business profitably online since 1994. Back then things were very difficult. Software was primitive, prospects were few, and many of them started their conversations with, "So, what is that Internet thang anyway?" Yep, things were...
|
|
| |
|
|
|
|
|
|
The Top Mistakes Executives Make in Leading Their Organizations
THE TOP MISTAKES TODAY’S EXECUTIVES MAKE
IN LEADING THEIR ORGANIZATIONS
Four Tips on Common Leadership Pitfalls to Avoid
In today’s uncertain economy, many organizations have been making some drastic changes to stay competitive and productive. This means that CEOs and other executives have to hone their leadership skills to make the most of what they have and encourage and inspire their teams to new heights of achievement. But not all executives have leadership down to a science. Leaders might be armed with plenty of technical skills and experience, but may still be making some critical mistakes in managing with their teams that can negatively impact their organization’s bottom line.
An employee-centered culture ensures a customer-focused culture. One common leadership mistake is a lack of team-building skills. Honoring the team—each individual—is one of the most important leadership characteristics in today’s organizations. If, as a leader, one of my primary concerns is not the welfare of my team, then I’ll never know just how successful we can be. That positive regard for your people leads to the best customer service, the highest level of contribution by each team member and the highest profits.
Here are four other common executive leadership mistakes:
Failure to make decisions or delaying the process and losing a competitive advantage. Perhaps being too afraid of making a mistake is a mistake! Most executives make good decisions when they actually make them, but many are fearful of taking any risk, delay too long in taking necessary action and lose
important opportunities.
Lack of people skills: Remember that your employees are your most valuable assets and can give an organization its competitive edge. The ability to listen, be consistent and evoke trust is crucial in managing a team and creates an atmosphere of commitment and pride. Be sure to avoid asking for feedback from employees and then doing nothing about it.
Not investing in your people: While most executives see the return on investment in maintaining and improving equipment for their company, the investment in one’s employees through providing career development and coaching opportunities pays off even faster. Missing such opportunities to improve morale and ensure retention can eventually damage a manager’s credibility.
Wasting time on the insignificant: Use your employee resources and trust your key people with decision-making responsibilities. Giving more autonomy to responsible staff members will free you up from putting out fires that can be handled by others. Also, remember that planning months ahead rather than being caught up in day-to-day details lends itself to effective leadership.
The old adage still applies, ‘Criticize in private, praise in public.’ A good leader coaches constantly, not just during yearly performance reviews, and is constantly acknowledging the great things employees do while being able to recognize and discuss areas for improvement along the way.
About the Author
Don Wells is the senior vice president and general manager of leading career services company Lee Hecht Harrison's Los Angeles office.
|
|
|
|
|
|