Sunday, October 16, 2011

4 Tips for Managing your Energy, Not your time

With organizations demanding more and more from their people these days, time-pressed employees have to scramble to keep up. You may not be able to make the day any longer, but you can replenish your energy. Use these four simple tips to help you work smarter and prevent burn out:
  1. Take brief but regular breaks. Step away from your desk every 90 to 120 minutes. Take a walk, get a drink, just stretch your legs, or go for a smoke break, just remember smoking can kill you.
  2. Say thank you. Being positive boosts your energy level. Regularly express appreciation to others.
  3. Reduce interruptions. Perform tasks that need concentration away from phones and email. Instead, designate specific times in your day to respond to messages. (Scratch out your diary)
  4. Do what you love. Understand where your strengths lie and what you enjoy doing. Find ways to do more of those things and less of what tires you out.

Exercise Ambidextrous Decision making

Do you rely on data and analytics to make big decisions or do you follow your instincts? While analytical decision-makers are usually more likely to make the right judgment call, intuition and gut feel can't be overlooked. In fact, many leaders have missed great opportunities because the data didn't support the risk, and the risk was actually worth taking. Great leaders adeptly use both inputs. If you are really good at collecting and analyzing data to inform decisions, find ways to check your data against a gut feeling. If you generally rely on creativity and an intuitive understanding of the customer, see if you can develop more analytic muscle.

3 Tips to Re-Focus your team on the New Strategy

Most strategic change initiatives fail, or at least hit some major bumps along the road. It is really difficult to change behaviour. If your team is struggling to adapt to a new strategy, try these three things to get them back on track:
  1. Push decision-making down. If people are told to act differently, they feel like "doers" with little control or power. Let people make choices about how they will contribute to the new strategy.
  2. Ask for input. If your people are stuck, ask them to suggest ways to remove the barriers that are holding them back.
  3. Share successes. No one wants to change if they don't think the new strategy will succeed. Whenever you make progress, no matter how small, share it with your team as evidence that the new strategy works.

Tuesday, September 27, 2011

Involve Frontline Employees in Creating Strategy

Involve Frontline Employees in Creating Strategy

Even brilliant strategies fail if they aren't executed well by frontline employees. Still, many leaders struggle to help their front line understand and buy into new ways of doing things. Next time you change your company's direction, don't relegate strategy creation to a handful of say senior people in your business/branch. Involve as many of your employees as possible, especially those who interact with your customers. Make them part of the process by bringing them together to think about the company's future. Ask them for input about how the company can achieve its goals. Frontline employees who helped make a strategy are far more likely to do a stellar job of executing it and that is what you want isn’t it…

Today's Management Tip was adapted from "Making Your Strategy Work on the Frontline" by Amy Gallo further adapted and brought to you by Edwin van Wyk via Harvard Business Review.

Tuesday, September 20, 2011

Develop the 4 Qualities of an Inspirational Leader

Leaders need vision, energy, authority, and a natural strategic ability. But those things don't necessarily help you inspire your employees to be their best and commit to you as a leader. Here are the four qualities you need to capture the hearts, minds, and spirits of your people:
  1. Humanness. Nobody wants to work with a perfect leader. Build collaboration and solidarity by revealing your weaknesses.
  2. Intuition. To be most effective, you need to know what's going on without others spelling it out for you. Collect unspoken data from body language and looks given across rooms to help you intuit the underlying messages.
  3. Tough empathy. Care deeply about your employees, but accept nothing less than their very best.
  4. Uniqueness. Demonstrate that you are a singular leader by showing your unique qualities to those around you.
HBR's 10 Must Reads on Leadership

Friday, September 16, 2011

Steer clear of the One-size-fits-all Management

When the job market picks up, the first to leave are often a company's most valuable employees. Unfortunately, you may be inadvertently encouraging these future leaders to say their goodbyes by treating them as cogs in a wheel rather than the individuals that they are. Instead of managing everyone the same way, do these two things to manage your star performers person-to-person:
  1. Customize the position. Know what each employee's strengths, weaknesses, and preferences are. If your star performer doesn't want to manage people, don't make her do it, unless it is part of your development plan for that particular person. If she hates to travel, don't put her into a sales job with a large territory. If you have a person that is good with customer’s utilise that person in or such a role or, etc.
  2. Customize the rewards. Employees want different perks. A parent may want flex time while an ambitious, recent college grad may be looking for outside training or a mentor. Give people what they want, not what upper management has decided is best for them to have.

Harvard Business Review Blog

Thursday, September 15, 2011

3 Ways to Identify your Inique Skills


All of us have at least one disruptive skill — a capability that we are uniquely good at that sets us apart from others. You may have been honing yours for years, or you may be so innately good at it that you don't even notice it. It is important that you know that not only for self confidence and selfbelief, but also to consciously improve it further. Here are three ways to identify your unique skill:
  1. Watch your reflexes. You may instinctively do what you're good at without even noticing. Ask yourself: when I feel most successful or invigorated, what am I doing?
  2. Look for confluences. A distinct skill may not be one thing, but an unusual intersection of ordinary proficiencies.
  3. Listen to compliments. Peers, managers, direct reports, and even spouses are often good mirrors of your inherent strengths. Don't habitually dismiss compliments, but mine them for your unique skills.
Harvard Business Review Blog

Tuesday, September 13, 2011

Forgive but Don't Forget

I know this is a difficult one… It is common wisdom that failure is inevitable, especially when innovating. If you want people to take risks and try new things, failure must be an option. But few organizations have actually created cultures that accept gaffes. To show your support for failure, encourage your people to make the most of their blunders. Try adopting a "forgive but not forget" approach. Forgive honest mistakes, but make sure employees learn from past failures so they don't repeat them.
Harvard Business Review Blog

Monday, September 12, 2011

Make Shared Leadership Work

Having trouble finding the right person for that leadership role in your branch? Perhaps there isn't one particular person with all the necessary capabilities, experiences, and interests. Maybe you should consider spreading the responsibilities across several people. Allow the most qualified person — rather than the most senior person — to step up to the leadership task. This gives all competent people in your branch the chance to demonstrate their leadership prowess. To lay the groundwork for this type of organizational flattening, create a climate in which people feel free to take on new assignments and managers are thought of as resources rather than authorities.
Harvard Business Review Blog



Friday, September 9, 2011

Motivate Employees Set in their Ways

Employees who are slow to react can be frustrating, especially in environments where it's imperative to respond and adapt to change quickly. Everything needs to happen quickly in the branches, isn’t it so…? However, don't assume these slow pokes are trying to undermine progress or resist change. They may have very good reasons for their response times. Next time you're waiting on someone's input, go talk to him/her. Explain that you are all under pressure and that you value knowing his response. Ask that he get back to you quickly — within a day or so. He may have a thoughtful rationale for proceeding cautiously, or when he realizes that the matter is in his hands, he may speed things up. This is what management is about.
HBR Answer Exchange



3 Ways to Help your Team have a GOOD FIGHT

Teams that always agree on everything rarely produce innovative and creative work. Effective teams fight, bringing in disparate views and challenging each other to think in different ways. To help your team have constructive fights, try the following:
  1. Ensure mutual respect. Team members can only fight well when they feel respected. Ask people to focus on the content of the disagreement, not personal issues. Make sure they avoid attacking or exhibiting non-verbal behaviours, such as eye rolling, that offend people.
  2. Brainstorm first. Make it safe for people to propose crazy or controversial ideas. Once the ideas are on the table, people can push back on them.
  3. Do backstage work. When the fight is over, touch base with people to make sure they did not feel personally attacked or upset that their idea was shut down. Coach those who overstepped their bounds to behave differently next time.


Wednesday, September 7, 2011

3 Steps to Turning Around your Performance

No one likes to be an underperformer. Yet, failing to meet expectations doesn't have to feel like the end of the world. Follow these three steps to turn your poor performance around:
  1. Accept it and ask for help. Don't be defensive. If the data show you are underperforming, accept it and ask for help to get better. Ask others to share insights about how you can improve.
  2. Understand the underlying cause. Do you not have the right skills? Are you uninterested in the work? Whatever it is, get to the bottom of what's causing you to come up short.
  3. Commit to change. Identify what it is you need to do differently and ask those around you to keep you accountable.
Harvard Business Review Blog

Avoid the 2 Pitfalls of Best Practises

We all want to hear about best practises, or expect other people to adopt our best practises. It then work so well and it can be invaluable to know the "best practice."…. Yet, when it comes time to implement that exemplar way of doing things, many organizations fall short. It mostly does not work….Next time you want to do what the best in the field is doing, avoid these two hazards:
  1. Failure to adapt. What works in one business will not likely work in yours unless the practice is customized for your culture, environment, and people. Tailor any lesson from others to fit your unique situation. In essence before implementation ensure that you change it accordingly to fit your business.
  2. Failure to adopt. A borrowed process or tool won't work unless you have commitment from your leadership and fellow staff, as well as those responsible for using or implementing it. Be sure you have full support before you implement.
Harvard Business Review Blog

Saturday, September 3, 2011

3 Ways to Increase your Team's Performance

Successfully managing a team is a complex undertaking. Increase the odds of reaching your goals by doing the following three things:
  • Establish urgency. Team members need to believe they're working on something that matters. And it needs to matter today, not at a nebulous point in the future. Be sure the team sees the potential fruits of its labour.
  • Set high standards. The higher the expectations the more likely the team will live up to its performance potential. Set ambitious goals and hold the team to them.
  • Start off on the right foot. Pay particular attention to first meetings and initial impressions. How a team starts its work together often sets the tone for future interactions.
Harvard Business Review Press Book



Thursday, September 1, 2011

Turn Stress into an Asset

Stress is unavoidable, but it doesn't have to be damaging. When managed correctly, strain can positively impact productivity and performance. Here are three things you can do to make stress work for you:
  • Recognize worry for what it is. Stress is a feeling, not a sign of dysfunction. When you start to worry, realize it's an indication that you care about something, not a cause
    for panic.
  • Focus on what you can control. Too many people feel bad about things they simply can't change. Remember what you can affect and what you can't.
  • Create a supportive network. Knowing you have somebody to turn to can help a lot. Build relationships so that you have people to rely on in times of stress.
Harvard Business Review Blog



3 Ways to create a culture of Innovation

3 Ways to create a culture of Innovation

It might sound difficult to manage innovation in the workplace. It could be because of limited resources, or because the consequences of failure are so high. Whatever the reason, it's not too late to start. Here are three ways you can take small but meaningful steps toward innovation:
  • Question what you do. Encourage everyone to ask the question: Is there a better way to do this? This creates a culture of evaluation and new ideas.
  • Engage members. Don't leave staff to figure it out alone. Ask clients and other partners to brainstorm with you about how your branch can improve.
  • Partner, partner, partner. Chances are that others in your space are strapped for resources like yourself. There's no reason to be proprietary over innovations. Bring together partners to discuss new ideas and share resources to test them out.
3 Ways the Social Sector can Innovate

Tuesday, August 23, 2011

Sales Survey: Requirements for an effective initial sales interview in the retail banking environment

We will be pleased if you are a sales official / representative in the retail banking environment to take part in this survey. Just click on the link below. The survey results will be used for a Field Study, in order to obtain a MBA degree through the University of the Free State, South Africa.

Click here to take survey

Your participation will be much appreciated.

Monday, August 22, 2011

3 Tips for handling surprise criticism

3 Tips for handling surprise criticism
Criticism is tough to take, especially when it is unexpected. Unforeseen negative feedback can be unsettling, but also incredibly valuable. Next time you are blindsided by what someone has to say about your behaviour, take a deep breath and try doing these three things:
       Move beyond your feelings. You're likely to feel hurt and angry. Notice those feelings and then put them aside so they don't negatively influence your reaction.
       Look beyond the delivery. Giving feedback is really hard and very few people are skilled at it. Don't dismiss the feedback just because it wasn't delivered well.
       Collect the data. Don't respond right away. You'll likely regret how defensive and angry you sound. Instead, listen. Take in the criticism. Once you've had time and space, you can decide how to react and whether to change.
Image removed by sender. HBR Paperback Series


Sunday, August 21, 2011

Be a Realistic Optimist


Be a Realistic Optimist
If you believe you will succeed, you will. Right? Not quite. Research has shown that optimism and the confidence it brings will help you reach your goals, but there is no guarantee. In fact, if you believe that success will come easily to you, you are more likely to disappoint. This is because you'll fail to put in the necessary work. You need to think positively but also be realistic about what achievement entails. Knowing that success is hard won forces you to put in the necessary effort. Don't spend too much time visualizing the end result only. Instead focus more on, envision the steps you will take to get there. In essence, it should still be done not dreamed.
Harvard Business Review Blog Today's Management Tip was adapted from "Be an Optimist Without Being a Fool" by Heidi Grant Halvorson brought to you by Edwin van Wyk via Harvard Business Review.

3 Don'ts of Persuasion


3 Don'ts of Persuasion
In today's business environment, it's not enough to tell employees to do something. You need to also explain why they should. This is why people who've mastered the art of persuasion rise to the tops of the ranks. When trying to influence others, avoid three of the most common mistakes:
  • The hard sell. Being insistent and exuberant at the outset gives potential opponents something to grab on to. Use finesse instead of brawn.
  • Resisting compromise. Compromise does not equal surrender. Listen to others and when possible, integrate their ideas into the solution.
  • Assuming you have one chance. Persuasion is a process, not a one-time event. Get results over time by listening, proposing a position, testing it, and then
    refining it.
HBR Paperback Series Today's Management Tip was adapted from Harvard Business Review on Communicating Effectively brought to you by Edwin van Wyk via Harvard Business Review.