How is it possible that so many top companies made this same fatal mistake? The answer may lie in a simple explanation. Humans run corporations, and humans have a biological aversion to change.
Change creates stress. It boosts stress neurotransmitters in our brains and stress hormones throughout our bodies. It shifts brain activity from the cortex where we make rational decisions to the mid-brain where we are more likely to make rash decisions.
We can handle short periods of stress. Ongoing stress, however, kills productivity, wellness and well being.
As humans, we naturally avoid change, and when we do encounter change, we tend to handle it poorly. The best organizations recognize this, and cope with change and the accompanying stress through carefully designed workplace cultures. (read more…)
They did it! Tommy Caldwell and Kevin Jorgeson climbed a rock that everyone thought was impossible to climb. Much has been written and more will be written about their extraordinary feat.
One view of their climbing that has struck me is that there are many lessons for leaders that we can glean from what they did. So as I continue to share vicariously in this ultimate event, I can’t help but think about the extraordinary examples of leadership that we have learned from the two men.
- Focus like a laser. The precision required for the El Capitan climb in Yosemite National Park leaves me in awe. In dealing with issues of people or tasks, it is essential for a leader to focus with the “eyes of a super creature” (Superman or Catwoman). Regardless of the size of the target, it is essential to be totally absorbed. Attention must never dip; if it does, the end result may be less than the leader hoped for.
Your team is looking to you for answers, but you don’t have many. There are a lot of moving parts, and more’s uncertain than certain. Perhaps your job’s affected and you’re dealing with your own angst.
Meanwhile the work must get done. After all, this could take a while, and suffering results will only make matters worse. How do you inspire confidence in the context of an uncertain future?
It’s not easy. But, acknowledging the uncertainty and helping your team work through it will save a lot of wasted time and emotional energy.
4 ways to help your team thrive in times of uncertainty
“Accepting that the world is full of uncertainty and ambiguity does not and should not stop people from being pretty sure about a lot of things.” ~ Julian Baggini
1. Keep your cool
If you must freak out, do it in private. In uncertain times, nothing will calm and inspire your team more than your “game on” attitude. (read more…)
Sometimes it feels like you spend more time taking care of the business side of the business rather than the core product or service you provide.
There are myriad important to-dos that require attention, that’s for sure. But not all of them require your attention. Outsourcing small-business tasks related to human resources, finances and technology frees you up to focus on the aspects of the business that really need your involvement. Here’s a quick look at what and when to outsource.
- Outsource CFO functions when you require deeper knowledge of business finance, activities beyond basic bookkeeping, or you have multiple partners. An outsourced CFO uses weekly, monthly and quarterly reports (prepared by you or your bookkeeper) to track and manage your business’ financial performance, assess current and future financial requirements, and make recommendations for decision-making. This person can also help you design internal controls and processes that reduce fraud, lower spending and operate more efficiently.
Early in the year, many leaders will take their teams “off-site” for a day or more. An off-site meeting can be a great way to develop strategy, get creative, develop a team, learn and re-invigorate a team. Of course, they can also be like a sentence in purgatory if not planned and run well.
There is plenty of advice on how to run effective meetings, but not enough on planning. A well planned meeting can prevent a lot of the problems associated with bad meetings. Given that off-sites typically involve more time and people than regular team meetings, more thought needs to be put into preparation.
Here’s a few planning tips that will ensure your upcoming offsite is a fun, productive and rewarding experience, and doesn’t turn into an all-day meeting from hell.
1. Ask: “What is the overall purpose of the meeting?” Is it to develop a three-year strategy? (read more…)