Developing Leadership for Growth Companies
Not all executives are leaders. Not all managers are executives. Not all career people are professional.
Top company management usually comes from the ranks of those who sell the core business product-service, not from those on the firing line who deliver it. That’s why in media, programming and news people rarely become management. Since advertising sales is the primary product of media, the sales people become the managers. In education, good teachers stay in the classroom. In the energy industry, engineers dominate. Engineers steadfastly believe that they’re in the energy exploration and production business. The companies themselves are in the energy marketing business. Restaurants are in the business of marketing atmosphere and service. Yet, they put food preparers (representing 20% of the pie) in charge. Decisions are always food driven, explaining in part the high failure rate of restaurants. Other reasons include poor planning, substandard customer service, low capitalization and inappropriate marketing.
A major problem with companies stems from the fact that management and company leadership come from one small piece of the organizational pie. Filling all management slots with financial people, for example, serves to limit the organizational strategy and focus. They all hire like-minded people and frame every business decision from their micro perspective.
The ideal executive has strong leadership skills first. He or she develops organizational vision and sets strategies. Leaders should reflect a diversity of focus, guaranteeing that a balance is achieved. The best management team looks at the macro, rather than just the niche micro.
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Getting and Staying Employed in a Shrinking Job Market
To call today’s economy tough is like calling Moby Dick a big fish. Let’s face it, with the threat of double digit unemployment looming ahead it is down right scary for the vast majority of people I hear from each day.
However, if you can stay focused, determined, upbeat and flexible these times offer opportunities for not only continuing but also advancing your career. Here is the straight scoop as I see it. While the number of jobs may be on the decline there is still work to be done. Doing more with less is a mantra I hear resonating with employers I speak to around the country.
So here are a few tips to help you get and stay employed:
- Be a “force multiplier”. Both in interviews or with your existing employer show that you will make a difference by giving 110% and being willing to wear more than one hat. Become that “go to” person in your department.
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Leveraging International Experience to Launch a Global Career
The world economy is in flux but emerging economies continue to drive significant growth for global enterprises. Global companies recognize that their best chances for success lie with recruiting managerial talent with international experience – it’s the big resume differentiator.
For students who have studied abroad, this is good news, especially considering the contracting U.S. job market. However, many students with who have lived abroad don’t understand how to package this experience in a way that’s appealing to prospective global employers.
And what do companies value most in the study abroad experience? Based on my conversations with many large, multi-national companies, the general attraction stems from the inherent curiosity in these global-minded citizens. For some industries or companies, the benefit ends there as they need global thinkers not employees willing to go overseas.
For those global companies for which an international experience is a true hiring differentiator, however, the payoff can be huge. The vast majority of professionals I interviewed on this topic agreed that if two applicants have essentially the same resume credentials, they would choose the one who studied abroad or possessed other international experience. The following attributes were cited:
- Enhanced cross-cultural awareness critical to diverse, global teams
- Ability to bring global thinking skills to bear on problems across the board
- Multiple language skills, especially for non-American students who go abroad to English-speaking campuses
- Predisposition to and experience with global mobility
What You Need to Lead – Negotiating Tactics
If you think about it, we’re negotiating on the job all the time. Whether we’re asking for the big promotion, the funding to attend a training or conference, or to take a vacation during “busy” season, we’re in more bargaining situations than we realize at work.
Women, in particular, need as many negotiation tools as possible, given that we’re still paid less than men for equal work, and don’t have a critical mass―and therefore equal decision-making authority―at the top of companies. Consider the following strategies the next time you enter a negotiation at work, and remember, real-life practice is the very best preparation for negotiating!
Do Your Homework
Before a negotiation, take the time to organize yourself from an informational standpoint. Write out why you are negotiating for whatever it is, and the reasons for it. Then begin to assemble any supporting research. The more relevant research you have, the better you will feel about your argument and the more compelling your case will be.
So, if you were going to ask for an assistant, for example, you might do research within your company to see what the standard criteria is for hiring an assistant. How many people does an assistant typically support? How senior does one have to be to have an assistant? What kind of revenue does a department have to produce in order to justify having an assistant?
Six Ways to Be a Smart Career Risk Taker
To be highly successful in your career requires that you engage in risk taking. But risk is accompanied by fear–fear that you’ll screw up, fear that others will judge you, and fear of the unknown. Confront your fear and use it as a motivator!
The benefits of being a courageous risk taker are many. If you make a mistake, you’ll become wiser. If you succeed, you’ll learn something about your capabilities and potential. Either way, being a risk taker at your job will position you as a leader and an innovator. The key is to learn how to be a smart risk taker. Here are six ways to do it.
Trust your instincts.
Don’t wait for complete certainty on an issue before making a decision; it often arrives too late if it arrives at all. Once you get a good idea, don’t incubate it–act on it and work to make it happen.
Don’t be afraid to ask for help.
If you’re in a job or doing a project for which you lack experience, have the courage to tough it out and ask for help. If you operate on fear instead–the fear that asking for help will diminish you in the eyes of your boss or coworkers–you’re setting yourself up for a disaster.
Unleash positive energy.
Fear, stress, and uncertainty can be friends, not enemies, as long as you use them as motivators rather than as energy or action blockers. Get used to tolerating these uncomfortable feelings. Remind yourself that progress won’t happen without taking a step forward, into the unknown.
Green Careers: Targeting Eco-Friendly Companies
Until fairly recently the main measure of a company’s success was determined by its financial bottom line. Was it making a profit or was it sustaining losses? Although companies have been managing their activities by using their financial profits as their guiding light for a very long time, many stakeholders have sustained losses while the company’s shareholders have celebrated their wins.
Times are changing, and the way companies measure their success is too. Now in addition to watching financial outcomes, companies are assessing their impact on their physical surroundings and their community as well. When companies pay attention to the people they touch, the environment they impact, and the profits they make, leaders make more sustainable decisions overall. In fact, this way of doing business is causing companies to rethink how they produce their products and provide their services. In the process, the entire company system is becoming stronger.
Although the term triple bottom line may refer to specific reporting requirements, often it is used as shorthand for ventures that are socially responsible, green, and profitable.
Finding Triple Bottom Line Companies
With your desire to work for a sustainable, triple-bottom-line company — one that pays attention not just to profit but also to social and environmental impact — and that matches your career goals, you need a strategy to uncover companies in your area that fit the bill.
However, there aren’t many green/sustainable/triple bottom line company lists out there yet. To find these organizations, you must do your own legwork. To put yourself in the right frame of mind for this project, retire your job seeker persona for now and step into your detective alter ego. During this phase, you must be driven to uncover clues and follow them up to find what you’re looking for.
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