Have you ever struggled with the right way to use the power of your position?
- Never — I’ve always wielded power very responsibly: 22%
- Sometimes — I’ve made an occasional mistake: 72%
- Often — I have trouble wielding power appropriately: 4%
- All the time — I tend to abuse the power of my position: 1%
The Perils of Power. Being in a leadership role brings great responsibility with the power that comes along with it. While you might not abuse your power on a regular basis, even one small slip can be devastating. To avoid those issues, be aware of the major power mistakes you can make and actively avoid them. Put policies, practices, processes, and procedures in place to maintain fairness and prevent overstepping your bounds. (read more…)
What’s your perspective on hiring veterans?
- They’re great hires! I love their leadership and operating skills: 63%
- They’re OK — on par with other candidates I consider: 32%
- They’re not that good — they don’t fit well with business culture: 3%
- They’re poor — their skills don’t translate and they don’t fit in: 1%
Vets Welcome Here. It’s encouraging to see such a strong, favorable view of bringing veterans in to be members of a corporate team. Sure I’m biased being a veteran myself but the results of the poll speak for themselves. The better you understand veterans and the challenges they face, the more effectively you can lead them. Spend time exploring their military backgrounds and understanding their perspectives. (read more…)
Have you ever had difficulty quitting something but found it was a great decision?
- Yes — I’ve left something I liked, but it turned out great in the end: 81%
- Yes — I’ve left something I liked, but it was the wrong decision to leave: 9%
- No — I’ve never quit anything, although I probably should have: 9%
- No — I’ve never quit, and that’s always been the right choice: 1%
Close one door and open another. It’s not easy leaving something you enjoy but there are those times you absolutely need to. Whether it’s a job, a role, or an interest, walking away from something that’s no longer right for you can be a frightening proposition. But when you know it’s the right thing to do, rest easy knowing that many others have left things before you only to find things worked out great. (read more…)
How well do you negotiate?
- Very well — I always have negotiating success: 12%
- Well — I come out ahead in most negotiations: 65%
- Not well — I come up short in most negotiations: 20%
- Not at all — I almost always fare poorly in negotiations: 3%
Are you doing as well as you can? When 77% of people say they come out ahead in negotiations, that math doesn’t add up. Are you really getting everything you can? Or is it that your negotiating partner is getting the best of you but doing a good job of maintaining your relationship? Learning techniques like anchoring and approaches to managing the relationship after the deal are key determinants of your negotiating success. (read more…)
How well does your organization understand and use data?
- Very — we are effective at generating data-based insights: 29%
- Kind of — we generate insights but it takes some effort: 41%
- Not very — we tend to get sucked into analysis paralysis: 19%
- Not at all — we’re overwhelmed by data without insights: 11%
Data versus Information. There’s no shortage of data out there but insights are at a premium. If you want to wade through that sea of data more quickly and effectively, take a hypothesis-driven approach. Before you crunch numbers, identify what it is you’re trying to prove or disprove. Doing so will help you focus your analytical efforts and sidestep distractions. Beware of confirmation bias – only looking at data that confirm your hypothesis – because it can cause you to miss the real insight. (read more…)