Six Common Leadership Blunders

Thinker-HiRes

Adam Grant, Wharton professor and a New York Times bestselling author, recently interviewed Jack and Suzy Welch about their new book, The Real-Life MBA. The book is based on decades of experience leading and writing about companies. Their discussion highlighted six common leadership blunders—all of which are backed with considerable research and evidence.

More importantly, there are videos embedded in the interview – with Jack and Suzy Welch discussing their perspectives on these leadership blunders. Take several minutes to read the article, and scan through the details and the pragmatic research results, especially for #5 (yes, I’m not from an elite school). Then watch the short videos embedded in the interview – they are really worth your time investment.

Question: Can You Define Leadership?

businesswoman-617134_1280

How many times have you been asked to define leadership? And how many times have you thought you had clarity on leadership until you had to write or verbalize exactly what it is? I have been there myself. So I always keep an eye open for different perspectives. Such as “Leadership is the ability to hide your panic from others” by Lao Tuz! Here are more of my favorites:

Got a wicked problem? First, tell me how you make toast.

maxresdefault

Making toast doesn’t sound very complicated — until someone asks you to draw the process, step by step. Tom Wujec loves asking people and teams to draw how they make toast, because the process reveals unexpected truths about how we can solve our biggest, most complicated problems at work. Tom is a global leader in 3D design, engineering and entertainment software, where he charts long-term strategy and helps leadership teams tackle tough industry challenges.

His approach is visible, tangible, consequential, simple, powerful and FUN! Learn how to run this exercise yourself, and hear Wujec’s surprising insights from watching thousands of people draw toast. Check out this TED talk

Make Faster, Better Decisions!

decisive03

Our success in life and business is the sum total of all the decisions we make. We all want to make better, faster decisions that keep us moving in the right direction. Yet we are often notoriously bad at making decisions. We often struggle with this in both our personal and professional lives. Being aware of these shortcomings doesn’t fix the problem; any more than knowing that we are farsighted helps us to see. The real question is: How can we improve and do better?

Successful Leaders Master These 7 Decisions of Strategy

Strategy

In today’s environment, good execution and good operations aren’t enough. You may manage the day-to-day profitably and solve problems as they happen. But many companies often stagnate. Competition becomes stronger and clarity on differentiation becomes fuzzy. Simply put many companies lack a clear strategy.

Verne Harnish helps entrepreneurs and leaders address their strategy issue in his new book, Scaling Up. Harnish provides a new comprehensive tool called the 7 Strata of Strategy that helps define a decision framework to dominate your industry. Here are seven key decisions to develop your strategy.