The Big Seven Stakeholder Management Mistakes (Colin Gautrey on The Influence Blog)
The Lone Ranger management model rode off into the sunset a long, long time ago. Yet many managers still haven’t gotten the word that stakeholdering is a vital element in their leadership success. Stakeholders come in all sizes and places within an organization, and can play a large role in either the success or failure of your venture. Colin offers a most helpful list of seven not-to-do items with communicating and/or partnering with stakeholders.
Build versus Buy: Taking Stock of your Frontline Pipeline (DDI Directions)
A client group is preparing their 2012 business plan. The high level yet thoughtful questions and insights posed in this article were most helpful to them as they thought through how to approach their workforce staffing and development needs. “Identifying and developing emerging leaders requires—and is receiving—a focus from organizations across the world.You have to start by answering the critical question: ‘Do we build or do we buy? Building is identifying and developing existing and emerging leaders from within. Buying is hiring from outside.”
Tom Reads The Little BIG Things (Tom Peters on tompeters!)
Do you work at an organization where the sole focus is on profits/the bottom line, and that singular focus leaves you feeling empty? At Get Your BIG On, we believe magic happens when people feel confident, are engaged and know their employer values their contributions. If you believe in this kind of magic and need a boost, listen in as Tom reads a proposed company credo in the audio version of his The Little BIG Things. Warning: be prepared to swoon with delight and be transported to business as it should be, a place where there is an accountable focus on personal leadership growth, input and opinions do matter and are invited, and where a spotless work record signals not stellar success yet an unwillingness to brave the unknown…woohoo!
The Real Lesson of Moneyball (Wally Bock on Three Star Leadership)
This is a great companion piece to the Tom Peters reading noted above. Wally tells the story of how the Oakland A’s were the first baseball “team to use the statistical analysis tools that find undervalued stocks to find undervalued baseball players.” While using statistical tools must be part of the leadership/business toolkit, it isn’t a guarantee of fool-proof success. As Wally points out, “New ways of doing business and business process innovations are important. They can give you a temporary advantage, but soon your competitors copy what you do and what was once a big advantage becomes table stakes.”
Your Company’s Secret Change Agents (Richard Tanner Pascale and Jerry Sternin, Harvard Business Review)
One thing is for certain: with the “new normal” in business, an effective leader must be on the perpetual lookout for change. The tried and true doesn’t always cut it. One must seek the “sparkling exceptions to the rule” as they’re so aptly defined in this article. The authors outline six fascinating elements for helping a group learn from its own hidden wisdom, thus eliminating the “not-invented-here” bias that typically flows from best practice and benchmarking analysis.
Quote of the week. The Get Your BIG On team is loving on this quote this week: “If you’re interested in misery, 1) always try to look good in front of others; 2) always live in a world of assumptions and treat each assumption as though it’s a reality; 3) relate to every new situation as if it is a small crisis; 4) always live in the future or the past; and 5) occasionally stomp on yourself for being so dumb as to follow the first four rules.” ~W. W. Broadbent